INVITE-ONLY SCRIPT
S&P Discipline System
S&P Discipline System - User Guide By Macro-Guy
Welcome to the S&P Discipline System. This indicator is designed to enforce trading discipline, help you avoid "chasing" the market, and ensure you only trade when high-probability conditions align.
Follow me (Macro-Guy) on TradingView for script updates and market insights.
WHAT THIS INDICATOR DOES
Session Filtering: Identifies optimal US trading hours (Blue Tint).
Entry Zones: Signals pullbacks to the 21-period Moving Average (Yellow Line).
Short Protection: A built-in filter to stop you from shorting into "oversold" or "strong trend" conditions.
Risk Management: Provides ATR-based and Swing-based stop loss levels.
QUICK START GUIDE
Apply to Chart: Best used on SPX, SPY, ES, or US500.
Check the Status Table: Located in the top-right.
Green Action: Good to go.
Red Action: Stay out/Wait.
Wait for Signals:
Green "BUY ZONE": Look for long entries.
Red "SHORT ZONE": Look for short entries.
Muted Labels: Setup is forming but it is currently outside US Session hours.
UNDERSTANDING THE VISUALS Background Colors:
Light Green: Bullish trend; favor longs.
Light Red: Bearish trend; shorts permitted.
Gray: Choppy market; exercise caution.
Blue Tint: Active US trading session.
Orange Tint: Outside US hours (Observe only).
Moving Averages:
Yellow (21 MA): The primary entry zone for pullbacks.
Blue (50 MA): Intermediate trend filter.
White (200 MA): Major institutional trend direction.
THE SHORT FILTER (IMPORTANT) To prevent "shorting the bottom," the indicator only permits shorts when:
Price is below the 50 MA.
The 21 MA and 50 MA are both sloping down.
RSI is between 45-65. If the table says "NO SHORTS," do not fight the algorithm.
HOW TO TRADE THE SYSTEM For Longs:
Wait for Green background (Bullish).
Price must pull back to the Yellow 21 MA line.
"BUY ZONE" label must appear during the US Session (Blue tint).
Enter Long. Place stop at the Red Circle or Orange Cross.
For Shorts:
Wait for Red background (Bearish).
Price must bounce up to the Yellow 21 MA line.
Table must show "SHORTS OK" in green.
Enter Short. Place stop at the Red Circle or Orange Cross.
SETTING UP ALERTS
Right-click chart > Add Alert.
Select S&P Discipline System as the condition.
Choose: Buy Zone - US Session or Short Zone - US Session.
DISCLAIMER This indicator is a tool to assist with discipline and timing. It does not guarantee profits. Always manage your risk and never trade more than you can afford to lose. Past performance does not guarantee future results.
Happy Trading!
Welcome to the S&P Discipline System. This indicator is designed to enforce trading discipline, help you avoid "chasing" the market, and ensure you only trade when high-probability conditions align.
Follow me (Macro-Guy) on TradingView for script updates and market insights.
WHAT THIS INDICATOR DOES
Session Filtering: Identifies optimal US trading hours (Blue Tint).
Entry Zones: Signals pullbacks to the 21-period Moving Average (Yellow Line).
Short Protection: A built-in filter to stop you from shorting into "oversold" or "strong trend" conditions.
Risk Management: Provides ATR-based and Swing-based stop loss levels.
QUICK START GUIDE
Apply to Chart: Best used on SPX, SPY, ES, or US500.
Check the Status Table: Located in the top-right.
Green Action: Good to go.
Red Action: Stay out/Wait.
Wait for Signals:
Green "BUY ZONE": Look for long entries.
Red "SHORT ZONE": Look for short entries.
Muted Labels: Setup is forming but it is currently outside US Session hours.
UNDERSTANDING THE VISUALS Background Colors:
Light Green: Bullish trend; favor longs.
Light Red: Bearish trend; shorts permitted.
Gray: Choppy market; exercise caution.
Blue Tint: Active US trading session.
Orange Tint: Outside US hours (Observe only).
Moving Averages:
Yellow (21 MA): The primary entry zone for pullbacks.
Blue (50 MA): Intermediate trend filter.
White (200 MA): Major institutional trend direction.
THE SHORT FILTER (IMPORTANT) To prevent "shorting the bottom," the indicator only permits shorts when:
Price is below the 50 MA.
The 21 MA and 50 MA are both sloping down.
RSI is between 45-65. If the table says "NO SHORTS," do not fight the algorithm.
HOW TO TRADE THE SYSTEM For Longs:
Wait for Green background (Bullish).
Price must pull back to the Yellow 21 MA line.
"BUY ZONE" label must appear during the US Session (Blue tint).
Enter Long. Place stop at the Red Circle or Orange Cross.
For Shorts:
Wait for Red background (Bearish).
Price must bounce up to the Yellow 21 MA line.
Table must show "SHORTS OK" in green.
Enter Short. Place stop at the Red Circle or Orange Cross.
SETTING UP ALERTS
Right-click chart > Add Alert.
Select S&P Discipline System as the condition.
Choose: Buy Zone - US Session or Short Zone - US Session.
DISCLAIMER This indicator is a tool to assist with discipline and timing. It does not guarantee profits. Always manage your risk and never trade more than you can afford to lose. Past performance does not guarantee future results.
Happy Trading!
초대 전용 스크립트
이 스크립트는 작성자가 승인한 사용자만 접근할 수 있습니다. 사용하려면 요청 후 승인을 받아야 하며, 일반적으로 결제 후에 허가가 부여됩니다. 자세한 내용은 아래 작성자의 안내를 따르거나 Macro-guy에게 직접 문의하세요.
트레이딩뷰는 스크립트의 작동 방식을 충분히 이해하고 작성자를 완전히 신뢰하지 않는 이상, 해당 스크립트에 비용을 지불하거나 사용하는 것을 권장하지 않습니다. 커뮤니티 스크립트에서 무료 오픈소스 대안을 찾아보실 수도 있습니다.
작성자 지시 사항
Send me a DM, and I will give you access
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.
초대 전용 스크립트
이 스크립트는 작성자가 승인한 사용자만 접근할 수 있습니다. 사용하려면 요청 후 승인을 받아야 하며, 일반적으로 결제 후에 허가가 부여됩니다. 자세한 내용은 아래 작성자의 안내를 따르거나 Macro-guy에게 직접 문의하세요.
트레이딩뷰는 스크립트의 작동 방식을 충분히 이해하고 작성자를 완전히 신뢰하지 않는 이상, 해당 스크립트에 비용을 지불하거나 사용하는 것을 권장하지 않습니다. 커뮤니티 스크립트에서 무료 오픈소스 대안을 찾아보실 수도 있습니다.
작성자 지시 사항
Send me a DM, and I will give you access
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.