OPEN-SOURCE SCRIPT
๐ Ultimate Trading Tool + Strat Method

๐ Ultimate Trading Tool + Strat Method - Complete Breakdown
Let me give you a comprehensive overview of this powerful indicator!
๐ฏ What This Indicator Does:
This is a professional-grade, all-in-one trading system that combines two proven methodologies:
1๏ธโฃ Technical Analysis System (Original)
Advanced trend detection using multiple EMAs
Momentum analysis with MACD
RSI multi-timeframe analysis
Volume surge detection
Automated trendline drawing
2๏ธโฃ Strat Method (Pattern Recognition)
Inside bars, outside bars, directional bars
Classic patterns: 2-2, 1-2-2
Advanced patterns: 3-1-2, 2-1-2, F2โ3
Timeframe continuity filters
๐ How It Generates Signals:
Technical Analysis Signals (Green/Red Triangles):
Buy Signal Triggers When:
โ Price above EMA 21 & 50 (uptrend)
โ MACD histogram rising (momentum)
โ RSI between 30-70 (not overbought/oversold)
โ Volume surge above 20-period average
โ Price breaks above resistance trendline
Scoring System:
Trend alignment: +1 point
Momentum: +1 point
RSI favorable: +1 point
Trendline breakout: +2 points
Minimum score required based on sensitivity setting
Strat Method Signals (Blue/Orange Labels):
Pattern Recognition:
2-2 Setup: Down bar โ Up bar (or reverse)
1-2-2 Setup: Inside bar โ Down bar โ Up bar
3-1-2 Setup: Outside bar โ Inside bar โ Up bar
2-1-2 Setup: Down bar โ Inside bar โ Up bar
F2โ3 Setup: Failed directional bar becomes outside bar
Confirmation Required:
Must break previous bar's high (buy) or low (sell)
Optional timeframe continuity (daily & weekly aligned)
๐ฐ Risk Management Features:
Dynamic Stop Loss & Take Profit:
ATR-Based: Adapts to market volatility
Stop Loss: Entry - (ATR ร 1.5) by default
Take Profit: Entry + (ATR ร 3.0) by default
Risk:Reward: Customizable 1:2 to 1:5 ratios
Visual Risk Zones:
Colored boxes show risk/reward area
Dark, bold lines for easy identification
Clear entry, stop, and target levels
๐จ What You See On Screen:
Main Signals:
๐ข Green Triangle "BUY" - Technical analysis long signal
๐ด Red Triangle "SELL" - Technical analysis short signal
๐ฏ Blue Label "STRAT" - Strat method long signal
๐ฏ Orange Label "STRAT" - Strat method short signal
Trendlines:
Green lines - Support trendlines (bullish)
Red lines - Resistance trendlines (bearish)
Automatically drawn from pivot points
Extended forward to predict future levels
Stop/Target Levels:
Bold crosses at stop loss levels (red color)
Bold crosses at take profit levels (green color)
Line width = 3 for maximum visibility
Trade Zones:
Light green boxes - Long trade risk/reward zone
Light red boxes - Short trade risk/reward zone
Shows potential profit vs risk visually
๐ Information Dashboard (Top Right):
Shows real-time market conditions:
Main Signal: Current technical signal status
Strat Method: Active Strat pattern
Trend: Bullish/Bearish/Neutral
Momentum: Strong/Weak based on MACD
Volume: High/Normal compared to average
TF Continuity: Daily/Weekly alignment
RSI: Current RSI value with color coding
Support/Resistance: Current trendline levels
๐ Alert System:
Entry Alerts:
Technical Signals:
๐ BUY SIGNAL TRIGGERED!
Type: Technical Analysis
Entry: 45.23
Stop: 43.87
Target: 48.95
```
**Strat Signals:**
```
๐ฏ STRAT BUY TRIGGER!
Pattern: 3-1-2
Entry: 45.23
Trigger Level: 44.56
Exit Alerts:
Target hit notifications
Stop loss hit warnings
Helps maintain discipline
โ๏ธ Customization Options:
Signal Settings:
Sensitivity: High/Medium/Low (controls how many signals)
Volume Filter: Require volume surge or not
Momentum Filter: Require momentum confirmation
Strat Settings:
TF Continuity: Require daily/weekly alignment
Pattern Selection: Enable/disable specific patterns
Confirmation Mode: Show only confirmed triggers
Risk Settings:
ATR Multiplier: Adjust stop/target distance
Risk:Reward: Set preferred ratio
Visual Elements: Show/hide any component
Visual Settings:
Colors: Customize all signal colors
Display Options: Toggle signals, levels, zones
Trendline Length: Adjust pivot detection period
๐ฏ Best Use Cases:
Day Trading:
Use low sensitivity setting
Enable all Strat patterns
Watch for high volume signals
Quick in/out trades
Swing Trading:
Use medium sensitivity
Require timeframe continuity
Focus on trendline breakouts
Hold for target levels
Position Trading:
Use high sensitivity (fewer signals)
Require strong momentum
Focus on weekly/daily alignment
Larger ATR multipliers
๐ก Trading Strategy Tips:
High-Probability Setups:
Double Confirmation: Technical + Strat signal together
Trend Alignment: All timeframes agree
Volume Surge: Institutional participation
Trendline Break: Clear level breakout
Risk Management:
Always use stops - System provides them
Position sizing - Risk 1-2% per trade
Don't chase - Wait for signal confirmation
Take profits - System provides targets
What Makes Signals Strong:
โ Both technical AND Strat signals fire together
โ Timeframe continuity (daily & weekly aligned)
โ Volume surge confirms institutional interest
โ Multiple indicators align (trend + momentum + RSI)
โ Clean trendline breakout with no resistance above (or support below)
โ ๏ธ Common Mistakes to Avoid:
Don't ignore stops - System calculates them for a reason
Don't overtrade - Wait for quality setups
Don't disable volume filter - Unless you know what you're doing
Don't use max sensitivity - You'll get too many signals
Don't ignore timeframe continuity - It filters bad trades
๐ Why This Indicator is Powerful:
Combines Multiple Edge Sources:
Technical analysis (trend, momentum, volume)
Pattern recognition (Strat method)
Risk management (dynamic stops/targets)
Market structure (trendlines, support/resistance)
Professional Features:
No repainting - signals are final when bar closes
Clear risk/reward before entry
Multiple confirmation layers
Adaptable to any market or timeframe
Beginner Friendly:
Clear visual signals
Automatic calculations
Built-in risk management
Comprehensive dashboard
This indicator essentially gives you everything a professional trader uses - trend analysis, momentum, patterns, volume, risk management - all in one clean package!
Any specific aspect you'd like me to explain in more detail? ๐ฏRetryClaude can make mistakes. Please double-check responses. Sonnet 4.5
Let me give you a comprehensive overview of this powerful indicator!
๐ฏ What This Indicator Does:
This is a professional-grade, all-in-one trading system that combines two proven methodologies:
1๏ธโฃ Technical Analysis System (Original)
Advanced trend detection using multiple EMAs
Momentum analysis with MACD
RSI multi-timeframe analysis
Volume surge detection
Automated trendline drawing
2๏ธโฃ Strat Method (Pattern Recognition)
Inside bars, outside bars, directional bars
Classic patterns: 2-2, 1-2-2
Advanced patterns: 3-1-2, 2-1-2, F2โ3
Timeframe continuity filters
๐ How It Generates Signals:
Technical Analysis Signals (Green/Red Triangles):
Buy Signal Triggers When:
โ Price above EMA 21 & 50 (uptrend)
โ MACD histogram rising (momentum)
โ RSI between 30-70 (not overbought/oversold)
โ Volume surge above 20-period average
โ Price breaks above resistance trendline
Scoring System:
Trend alignment: +1 point
Momentum: +1 point
RSI favorable: +1 point
Trendline breakout: +2 points
Minimum score required based on sensitivity setting
Strat Method Signals (Blue/Orange Labels):
Pattern Recognition:
2-2 Setup: Down bar โ Up bar (or reverse)
1-2-2 Setup: Inside bar โ Down bar โ Up bar
3-1-2 Setup: Outside bar โ Inside bar โ Up bar
2-1-2 Setup: Down bar โ Inside bar โ Up bar
F2โ3 Setup: Failed directional bar becomes outside bar
Confirmation Required:
Must break previous bar's high (buy) or low (sell)
Optional timeframe continuity (daily & weekly aligned)
๐ฐ Risk Management Features:
Dynamic Stop Loss & Take Profit:
ATR-Based: Adapts to market volatility
Stop Loss: Entry - (ATR ร 1.5) by default
Take Profit: Entry + (ATR ร 3.0) by default
Risk:Reward: Customizable 1:2 to 1:5 ratios
Visual Risk Zones:
Colored boxes show risk/reward area
Dark, bold lines for easy identification
Clear entry, stop, and target levels
๐จ What You See On Screen:
Main Signals:
๐ข Green Triangle "BUY" - Technical analysis long signal
๐ด Red Triangle "SELL" - Technical analysis short signal
๐ฏ Blue Label "STRAT" - Strat method long signal
๐ฏ Orange Label "STRAT" - Strat method short signal
Trendlines:
Green lines - Support trendlines (bullish)
Red lines - Resistance trendlines (bearish)
Automatically drawn from pivot points
Extended forward to predict future levels
Stop/Target Levels:
Bold crosses at stop loss levels (red color)
Bold crosses at take profit levels (green color)
Line width = 3 for maximum visibility
Trade Zones:
Light green boxes - Long trade risk/reward zone
Light red boxes - Short trade risk/reward zone
Shows potential profit vs risk visually
๐ Information Dashboard (Top Right):
Shows real-time market conditions:
Main Signal: Current technical signal status
Strat Method: Active Strat pattern
Trend: Bullish/Bearish/Neutral
Momentum: Strong/Weak based on MACD
Volume: High/Normal compared to average
TF Continuity: Daily/Weekly alignment
RSI: Current RSI value with color coding
Support/Resistance: Current trendline levels
๐ Alert System:
Entry Alerts:
Technical Signals:
๐ BUY SIGNAL TRIGGERED!
Type: Technical Analysis
Entry: 45.23
Stop: 43.87
Target: 48.95
```
**Strat Signals:**
```
๐ฏ STRAT BUY TRIGGER!
Pattern: 3-1-2
Entry: 45.23
Trigger Level: 44.56
Exit Alerts:
Target hit notifications
Stop loss hit warnings
Helps maintain discipline
โ๏ธ Customization Options:
Signal Settings:
Sensitivity: High/Medium/Low (controls how many signals)
Volume Filter: Require volume surge or not
Momentum Filter: Require momentum confirmation
Strat Settings:
TF Continuity: Require daily/weekly alignment
Pattern Selection: Enable/disable specific patterns
Confirmation Mode: Show only confirmed triggers
Risk Settings:
ATR Multiplier: Adjust stop/target distance
Risk:Reward: Set preferred ratio
Visual Elements: Show/hide any component
Visual Settings:
Colors: Customize all signal colors
Display Options: Toggle signals, levels, zones
Trendline Length: Adjust pivot detection period
๐ฏ Best Use Cases:
Day Trading:
Use low sensitivity setting
Enable all Strat patterns
Watch for high volume signals
Quick in/out trades
Swing Trading:
Use medium sensitivity
Require timeframe continuity
Focus on trendline breakouts
Hold for target levels
Position Trading:
Use high sensitivity (fewer signals)
Require strong momentum
Focus on weekly/daily alignment
Larger ATR multipliers
๐ก Trading Strategy Tips:
High-Probability Setups:
Double Confirmation: Technical + Strat signal together
Trend Alignment: All timeframes agree
Volume Surge: Institutional participation
Trendline Break: Clear level breakout
Risk Management:
Always use stops - System provides them
Position sizing - Risk 1-2% per trade
Don't chase - Wait for signal confirmation
Take profits - System provides targets
What Makes Signals Strong:
โ Both technical AND Strat signals fire together
โ Timeframe continuity (daily & weekly aligned)
โ Volume surge confirms institutional interest
โ Multiple indicators align (trend + momentum + RSI)
โ Clean trendline breakout with no resistance above (or support below)
โ ๏ธ Common Mistakes to Avoid:
Don't ignore stops - System calculates them for a reason
Don't overtrade - Wait for quality setups
Don't disable volume filter - Unless you know what you're doing
Don't use max sensitivity - You'll get too many signals
Don't ignore timeframe continuity - It filters bad trades
๐ Why This Indicator is Powerful:
Combines Multiple Edge Sources:
Technical analysis (trend, momentum, volume)
Pattern recognition (Strat method)
Risk management (dynamic stops/targets)
Market structure (trendlines, support/resistance)
Professional Features:
No repainting - signals are final when bar closes
Clear risk/reward before entry
Multiple confirmation layers
Adaptable to any market or timeframe
Beginner Friendly:
Clear visual signals
Automatic calculations
Built-in risk management
Comprehensive dashboard
This indicator essentially gives you everything a professional trader uses - trend analysis, momentum, patterns, volume, risk management - all in one clean package!
Any specific aspect you'd like me to explain in more detail? ๐ฏRetryClaude can make mistakes. Please double-check responses. Sonnet 4.5
์คํ ์์ค ์คํฌ๋ฆฝํธ
์ง์ ํ ํธ๋ ์ด๋ฉ๋ทฐ ์ ์ ์ ๋ฐ๋ผ ์ด ์คํฌ๋ฆฝํธ ์์ฑ์๋ ํธ๋ ์ด๋๊ฐ ๊ธฐ๋ฅ์ ๊ฒํ ํ๊ณ ๊ฒ์ฆํ ์ ์๋๋ก ์คํ์์ค๋ก ๊ณต๊ฐํ์ต๋๋ค. ์์ฑ์์๊ฒ ์ฐฌ์ฌ๋ฅผ ๋ณด๋ ๋๋ค! ๋ฌด๋ฃ๋ก ์ฌ์ฉํ ์ ์์ง๋ง ์ฝ๋๋ฅผ ๋ค์ ๊ฒ์ํ ๊ฒฝ์ฐ ํ์ฐ์ค ๋ฃฐ์ด ์ ์ฉ๋๋ค๋ ์ ์ ๊ธฐ์ตํ์ธ์.
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์คํ ์์ค ์คํฌ๋ฆฝํธ
์ง์ ํ ํธ๋ ์ด๋ฉ๋ทฐ ์ ์ ์ ๋ฐ๋ผ ์ด ์คํฌ๋ฆฝํธ ์์ฑ์๋ ํธ๋ ์ด๋๊ฐ ๊ธฐ๋ฅ์ ๊ฒํ ํ๊ณ ๊ฒ์ฆํ ์ ์๋๋ก ์คํ์์ค๋ก ๊ณต๊ฐํ์ต๋๋ค. ์์ฑ์์๊ฒ ์ฐฌ์ฌ๋ฅผ ๋ณด๋ ๋๋ค! ๋ฌด๋ฃ๋ก ์ฌ์ฉํ ์ ์์ง๋ง ์ฝ๋๋ฅผ ๋ค์ ๊ฒ์ํ ๊ฒฝ์ฐ ํ์ฐ์ค ๋ฃฐ์ด ์ ์ฉ๋๋ค๋ ์ ์ ๊ธฐ์ตํ์ธ์.
๋ฉด์ฑ ์ฌํญ
์ด ์ ๋ณด์ ๊ฒ์๋ฌผ์ TradingView์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ธ์ต, ํฌ์, ๊ฑฐ๋ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ๊ณ ์ฌํญ์ ์๋ฏธํ๊ฑฐ๋ ๊ตฌ์ฑํ์ง ์์ต๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ๊ณ ํ์ธ์.