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Intraday Market Context (Trend & Risk)

📌 Intraday Market Context (Trend & Risk)
Overview
Intraday Market Context (Trend & Risk) is a non-signal, informational indicator designed to provide a high-level view of current market conditions. Instead of generating buy or sell signals, this tool helps traders understand what kind of market they are operating in and how cautious or aggressive they should be.The output is shown as a clean, fixed on-chart box with plain-language guidance.
What This Indicator Shows
The indicator displays three simple elements:
1️⃣ Market Type
Identifies the current market environment:
Trending Market
Sideways Market
Expanding / Breakout Market
Unclear Market
2️⃣ Risk Mode
Provides a relative assessment of market risk:
Normal Risk
Medium Risk
High Risk
This is contextual information only and does not imply trade direction.
3️⃣ What to Do
Plain-language behavioral guidance, not trade instructions:
Trend is Friend
Range is Friend
Wait for Pullback
Stay Out
These phrases are meant to guide trader behavior, not trigger trades.
How to Use
Use this indicator as a market context filter, not as a trading signal
Decide when to trade, trade cautiously, or stay out
Use your own execution tools (price action, EMAs, VWAP, structure, etc.) for entries and exits
Respect “Stay Out” conditions to avoid over-trading in unfavorable environments
This indicator works best as a decision-support overlay, especially for intraday traders.
What This Indicator Is NOT
❌ Not a buy/sell signal
❌ Not a trading strategy
❌ Not predictive
❌ Not a replacement for risk management
Important Disclaimer
This indicator is provided for educational and informational purposes only.It does not constitute financial advice, investment advice, or a recommendation to trade any instrument.Trading involves risk, and losses can exceed expectations. Always use proper risk management and make your own trading decisions.
Overview
Intraday Market Context (Trend & Risk) is a non-signal, informational indicator designed to provide a high-level view of current market conditions. Instead of generating buy or sell signals, this tool helps traders understand what kind of market they are operating in and how cautious or aggressive they should be.The output is shown as a clean, fixed on-chart box with plain-language guidance.
What This Indicator Shows
The indicator displays three simple elements:
1️⃣ Market Type
Identifies the current market environment:
Trending Market
Sideways Market
Expanding / Breakout Market
Unclear Market
2️⃣ Risk Mode
Provides a relative assessment of market risk:
Normal Risk
Medium Risk
High Risk
This is contextual information only and does not imply trade direction.
3️⃣ What to Do
Plain-language behavioral guidance, not trade instructions:
Trend is Friend
Range is Friend
Wait for Pullback
Stay Out
These phrases are meant to guide trader behavior, not trigger trades.
How to Use
Use this indicator as a market context filter, not as a trading signal
Decide when to trade, trade cautiously, or stay out
Use your own execution tools (price action, EMAs, VWAP, structure, etc.) for entries and exits
Respect “Stay Out” conditions to avoid over-trading in unfavorable environments
This indicator works best as a decision-support overlay, especially for intraday traders.
What This Indicator Is NOT
❌ Not a buy/sell signal
❌ Not a trading strategy
❌ Not predictive
❌ Not a replacement for risk management
Important Disclaimer
This indicator is provided for educational and informational purposes only.It does not constitute financial advice, investment advice, or a recommendation to trade any instrument.Trading involves risk, and losses can exceed expectations. Always use proper risk management and make your own trading decisions.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.