OPEN-SOURCE SCRIPT
Etwas31 Precision zones and trend
Title: Etwas31 Precision zones and trend
Overview: Get a complete market overview at a single glance. This script combines a comprehensive trend/volatility dashboard with automated, high-precision supply and demand zones. It filters out noise and highlights key market structures to improve your trading accuracy.
Key Features:
1. 📊 Advanced MTF Dashboard (5m - 1W)
Trend Monitor: Uses EMA 20 & 50 alignment to accurately detect Bullish, Bearish, or Neutral (Choppy) markets. No more guessing the trend.
Volatility Scanner: Utilizing ATR logic, it signals whether the market is active (High ⚡) or dormant (Low 💤) for each timeframe.
2. 🎯 Precision Support & Resistance Zones
Real Structure: Unlike simple lines, zones are drawn based on candle wicks (High to Body / Low to Body) to reflect the actual "thickness" of market interest.
Visual Hierarchy:
Weak Zones (15m, 30m): Displayed as Hollow/Dashed boxes. Ideal for scalping or short-term targets.
Strong Zones (1H, 4H, 1D, 1W): Displayed as Solid/Filled boxes. These are key levels for reversals and major trend continuation.
Auto-Extension: Zones automatically extend to the current price action for easy tracking.
3. ⚙️ Customizable & Clean
Fully customizable colors and visibility settings.
Optimized to prevent chart clutter while providing maximum information.
How to Use:
Use the Dashboard to align your trades with the higher timeframe trend (e.g., trade with the 4H trend).
Wait for Volatility (⚡) to confirm momentum.
Enter trades when price reacts at Solid Zones (Strong S/R) or use Hollow Zones for intraday scalp targets.
Overview: Get a complete market overview at a single glance. This script combines a comprehensive trend/volatility dashboard with automated, high-precision supply and demand zones. It filters out noise and highlights key market structures to improve your trading accuracy.
Key Features:
1. 📊 Advanced MTF Dashboard (5m - 1W)
Trend Monitor: Uses EMA 20 & 50 alignment to accurately detect Bullish, Bearish, or Neutral (Choppy) markets. No more guessing the trend.
Volatility Scanner: Utilizing ATR logic, it signals whether the market is active (High ⚡) or dormant (Low 💤) for each timeframe.
2. 🎯 Precision Support & Resistance Zones
Real Structure: Unlike simple lines, zones are drawn based on candle wicks (High to Body / Low to Body) to reflect the actual "thickness" of market interest.
Visual Hierarchy:
Weak Zones (15m, 30m): Displayed as Hollow/Dashed boxes. Ideal for scalping or short-term targets.
Strong Zones (1H, 4H, 1D, 1W): Displayed as Solid/Filled boxes. These are key levels for reversals and major trend continuation.
Auto-Extension: Zones automatically extend to the current price action for easy tracking.
3. ⚙️ Customizable & Clean
Fully customizable colors and visibility settings.
Optimized to prevent chart clutter while providing maximum information.
How to Use:
Use the Dashboard to align your trades with the higher timeframe trend (e.g., trade with the 4H trend).
Wait for Volatility (⚡) to confirm momentum.
Enter trades when price reacts at Solid Zones (Strong S/R) or use Hollow Zones for intraday scalp targets.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.