OPEN-SOURCE SCRIPT

Halt-Risk Guard (5-min / 10%) — TTP Safe

62
🛑 Halt-Risk Guard (5-min / 10%) — TTP Safe

Stay clear of halts, invalidations, and over-extended moves.

🔍 Overview

The Halt-Risk Guard helps traders avoid sudden invalidations by monitoring price velocity over the past X minutes (default: 5 min) and flagging when moves exceed a configurable threshold (default: 10%).
Originally built to meet Trade The Pool (TTP) risk-management rules — where even non-halted 10% moves can void trades — this tool provides a clear, visual warning system and optional entry blocker.

⚙️ Key Features

✅ Halt-Risk Detection – Calculates both reference-based and swing-based (high↔low) percentage change over the chosen lookback period.
✅ TTP Safe Mode – “Swing mode” captures extreme volatility spikes that may invalidate trades even when the market stays open.
✅ Entry Blocker (optional) – Automatically greys candles and dims the background during risky conditions to prevent impulsive entries.
✅ Customisable Positioning – Move the on-chart info box to any corner of your chart (Top Left / Top Right / Bottom Left / Bottom Right).
✅ Clean Alerts –

⚠️ At/Above Threshold

✅ Back to Safe

⛔ Entry Blocker Active
✅ Visual Table Display – Compact dashboard shows current % move, lookback window, and threshold with intuitive green/red status.
✅ Strategy-Ready Output – A hidden 0/1 plot lets you block or filter trades in automated systems.

⚡ How It Works

Monitors the selected symbol using your chosen computation timeframe (recommended 1-minute).

Evaluates either:

REF mode: Close-to-close change over the lookback window.

SWING mode: High-to-low range within the same window.

If the move ≥ Threshold %, the script highlights a halt-risk condition and optionally activates the entry blocker.

🎨 Recommended Settings

Lookback: 5 minutes

Threshold: 10 %

Swing mode: ON (TTP-safe)

Computation timeframe: 1 minute

Entry blocker: ON

Dim background: ON

🧠 Use Cases

TTP and other prop-firm evaluations enforcing price-movement limits.

Volatility-based scalping systems to avoid chasing extended candles.

Strategy filters for algorithmic entries (e.g. pause trading during halt-risk windows).

⚠️ Disclaimer

This tool provides visual and alert-based guidance only. It does not guarantee compliance with any specific firm’s rules or eliminate trading risk. Always verify thresholds and rules with your broker or evaluation provider.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.