Red Report Filter x 'Bull_Trap_9'

Hello Traders!

This one is my favorite.

This is indicator / filter: '2 of 2.'

'1 of 2' is the, 'Closed Market Filter,' I posted before this that you may like.

Again, I prefer 'Filter' over 'Indicator' because this Pine Script code does not interact with the actual price data.

It makes handling high impact reports effortless.

As you all know; if you're on a Prop and breach a 'Red,' you lose your account.

This will filter up to 5 reports. More than enough unless you're on EURUSD!

It offers both 'Red' and 'Orange' report control.

The default window times of 15 / 6 are programmed for red events. You can always alter the base code for your desired, 'Before / After.'

Click the tooltip for more info.

How to use:

You do need to update the inputs daily with the current report times before each open.

I trade YM / US markets. Those reports are very repetitive on their delivery times, so I usually leave a 10:00 setting in slot 1. I then toggle it 'On' or 'Off' per demand.

Just open the dialogue box and it is pretty self explanatory.

I used task scheduler for a lot of years, but that wasn't very reliable, modest work to set up daily and a lot of times I may not hear it or it malfunctions because of a Windows update.

TradingView has the little icon that floats from the bottom right, but who really looks for that.

Any audio alert is subject to fail for a number of reasons.

This filter REDS the screen in your face. Leaves no doubt about what's coming.

I know there may be other apps and options out there, but this filter is integral to the TradingView chart itself embedded through Pine Script. It is right there, a click away, easy to input data, and as long as your chart is active and working, the filter will fire.

I did not build an alert condition into this, but I'm sure that could be an option if you want to program in audio as well.

Please Note: Only when the price candles push into the filter zone, will the filter start to display. Run a test a minute from the current price candle and you can see how it functions.

I appreciate your interest.