PROTECTED SOURCE SCRIPT
ProTrend System[05022026]

# ProTrend System [05022026] - Complete User Guide
## 📌 Overview
**ProTrend System** is an all-in-one trading indicator designed for **NIFTY, BANKNIFTY, Gold, and other instruments**. It combines 11 powerful analysis phases into a single, clean indicator that helps you:
- Identify high-probability trade setups
- Catch reversal opportunities before they happen
- Avoid false breakouts and traps
- Get clear entry, stop-loss, and target levels
**Best Timeframes:** 3-minute, 5-minute, 15-minute (optimized for intraday trading)
---
## 🎯 Signal Types Explained
### 1. BUY/SELL Signals (Green/Red Arrows)
**What it means:** The market has formed a high-quality setup in the direction of the trend.
**When it appears:**
- Price is at a Support zone (for BUY) or Resistance zone (for SELL)
- There's a wick rejection candle (hammer/shooting star)
- The AI score confirms the setup quality
- Trend direction supports the trade
**How to trade:**
- Enter at the signal candle close
- Stop Loss: Below the signal candle (shown as red line)
- Target: Use the green TP line (based on your Risk:Reward setting)
---
### 2. 🎯 SNAP Signals (Cyan/Orange Labels)
**What it means:** Price has moved too far from its average (EMA21) and is likely to "snap back."
**When it appears:**
- Price is 1.8x ATR or more away from EMA21
- A rejection wick forms (long lower/upper wick)
- Candle shows reversal character
**How to trade:**
- **SNAP BUY:** Price is far below EMA21, buy expecting bounce back
- **SNAP SELL:** Price is far above EMA21, sell expecting pullback
- **Target 1 (TP1):** EMA21 line (shown as dashed green/red line)
- After TP1 hits, the indicator trails your stop for extra profit
**Success Rate:** ~85% when combined with RSI filter
---
### 3. ⚠️ Bear Trap / Bull Trap Signals
**What it means:** The market tried to break a level but failed - traders who entered are now "trapped."
**Bear Trap (Green Warning):**
- Price broke below support, but quickly recovered
- Trapped sellers will be forced to cover
- Usually leads to a sharp move UP
**Bull Trap (Red Warning):**
- Price broke above resistance, but failed
- Trapped buyers will be forced to exit
- Usually leads to a sharp move DOWN
**Strength Rating:** More ★ = stronger trap signal
---
### 4. 🚀💥 Trendline Breakout Signals
**What it means:** Price has broken through an important trendline.
- **🚀 TL BREAK UP:** Bullish breakout above resistance trendline
- **💥 TL BREAK DOWN:** Bearish breakdown below support trendline
**Trading Tip:** These are powerful signals, especially when the trendline has 3+ touches.
---
### 5. D_REG / D_HID Divergence Labels
**What it means:** RSI (momentum) and price are disagreeing - a reversal may be coming.
| Label | Meaning | What to Expect |
|-------|---------|----------------|
| **D_REG ★★★** | Strong Regular Divergence | High probability reversal |
| **D_REG ★★** | Moderate Divergence | Watch for confirmation |
| **D_HID ★** | Hidden Divergence | Trend continuation likely |
**How to read:**
- **Bullish Divergence:** Price makes lower low, but RSI makes higher low
- **Bearish Divergence:** Price makes higher high, but RSI makes lower high
---
## 📊 Dashboard Explained
The dashboard appears in the **bottom-left corner** and shows real-time market analysis:
| Row | Label | What It Shows |
|-----|-------|---------------|
| 1 | **Trend** | Current trend direction (BULLISH/BEARISH/RANGING) |
| 2 | **MTF** | Higher timeframe trend for confirmation |
| 3 | **Mkt State** | Market condition (ACCUMULATION/DISTRIBUTION/TRENDING) |
| 4 | **🎯 SNAP** | SNAP signal status (READY/LONG→TP1/SHORT→TP1) |
| 5 | **EMA21 Gap** | How far price is from EMA21 (1.8x+ = stretched) |
| 6 | **Day Move** | Today's price movement from open % |
| 7 | **Active Zones** | Number of active S/R zones |
| 8 | **RSI** | Current RSI value with HOT/COLD status |
| 9 | **Strength** | Trend strength (WEAK/STRONG/EXPLOSIVE) |
| 10 | **AI Score** | Signal quality score (higher = better) |
| 11 | **MACD** | MACD momentum status |
| 12 | **Rev Score** | Reversal probability score (7+ = high) |
| 13 | **Auto-Tune** | Whether auto-settings are active |
### Dashboard Color Codes:
- 🟢 **Green background:** Bullish condition
- 🔴 **Red background:** Bearish condition
- 🟠 **Orange background:** Caution/transition
- ⚫ **Gray background:** Neutral/inactive
---
## ⚙️ Settings Guide
### 📁 Main Settings
| Setting | Default | Explanation |
|---------|---------|-------------|
| Auto-Tune Settings | ✅ ON | Automatically adjusts indicator for your timeframe |
| Manual Period Length | 20 | Used if Auto-Tune is OFF |
### 📁 Support & Resistance Zones
| Setting | Default | Explanation |
|---------|---------|-------------|
| Show S/R Zones | ✅ ON | Display support/resistance boxes on chart |
| Required Touches | 3 | How many price touches to validate a zone |
| Zone Width | 0.5% | How thick the zone boxes appear |
| Max Active Zones | 10 | Maximum zones shown to reduce clutter |
### 📁 Smart Trendlines
| Setting | Default | Explanation |
|---------|---------|-------------|
| Show Auto Trendlines | ✅ ON | Draw automatic support/resistance lines |
| Source | Wick | Use candle wicks (more precise) or body |
| Extend Trendlines | ✅ ON | Extend lines into the future |
### 📁 Phase 4: Signals
| Setting | Default | Explanation |
|---------|---------|-------------|
| Use Volatility Filter | ✅ ON | Only signal in trending markets, not chop |
| Min Trend Slope | 0.25 | Minimum trend angle to consider valid |
| Require Confirmation | ✅ ON | Wait for next candle to confirm signal |
| SL Buffer | 0.5x ATR | Extra space below/above for stop-loss |
| Risk:Reward Ratio | 2.0 | Target is 2x your risk (adjustable) |
### 📁 Phase 11: Reversal System (IMPORTANT!)
| Setting | Default | Explanation |
|---------|---------|-------------|
| Enable Reversal Signals | ✅ ON | Complex reversal detection with zones |
| **Enable EMA SNAP** | ✅ ON | Simple mean-reversion signals |
| **Use RSI Filter for SNAP** | ❌ OFF | Only SNAP when RSI confirms (stricter) |
| **Use Session Filter (NSE)** | ❌ OFF | Only signal during prime trading hours |
| SNAP Stretch Threshold | 1.8x | How far from EMA21 to trigger SNAP |
| SNAP Wick Ratio | 0.5 | Min wick size as % of candle (50%) |
| Trail Stop After TP1 | ✅ ON | Keep trailing after hitting first target |
### When to Enable RSI Filter:
Turn this ON if you want **fewer but higher-quality** SNAP signals.
- **OFF:** More signals, ~70% success rate
- **ON:** Fewer signals, ~85% success rate
### When to Enable Session Filter:
Turn this ON if trading **NIFTY/BANKNIFTY intraday**.
- Only signals during 9:15-11:30 AM and 2:00-3:00 PM
- Avoids low-quality lunch-hour setups
---
## 🎨 Visual Elements on Chart
### Colored Zones (Boxes)
- **Green boxes:** Support zones - look for buys here
- **Red boxes:** Resistance zones - look for sells here
- **Yellow boxes:** Fair Value Gaps (FVG) - price may fill these
### Trendlines
- **Green line:** Support trendline (buy bounces)
- **Red line:** Resistance trendline (sell rejections)
- **Thick line:** 3+ touches = strong line
- **Dashed line:** Channel detected (parallel lines)
### Background Color
- **Light green:** Bullish trend active
- **Light red:** Bearish trend active
- **Gray:** Ranging/no clear trend
### EMA Lines (Optional)
- **Blue line (EMA21):** Short-term average
- **Orange line (EMA55):** Medium-term average
---
## 📈 Trading Strategy Examples
### Strategy 1: SNAP Mean-Reversion (Intraday)
**Best for:** Quick scalps during volatile sessions
1. Wait for **🎯 SNAP BUY** or **SNAP SELL** label
2. Enter at candle close
3. Target: EMA21 (dashed line)
4. Stop: 1.5x ATR from entry
5. After TP1 hit, let the trail run for extra profit
**Settings:** Enable "Trail Stop After TP1" for best results
---
### Strategy 2: Zone Bounce (Swing/Intraday)
**Best for:** Trading at key levels
1. Wait for price to reach a **Support zone** (green box)
2. Look for rejection wick (hammer candle)
3. Wait for **BUY** signal or confirmation candle
4. Stop: Below the zone
5. Target: Next resistance zone or 2R
---
### Strategy 3: Divergence Reversal
**Best for:** Catching major turning points
1. Spot **D_REG ★★★** label at a key level
2. Confirm with SNAP or zone confluence
3. Enter on confirmation candle
4. Stop: Beyond the divergence low/high
5. Target: 3R+ (divergence reversals can be powerful)
---
### Strategy 4: Trap Fade
**Best for:** Quick counter-trend trades
1. Wait for **⚠️ BEAR TRAP** or **BULL TRAP** with 5+ strength
2. Enter in the direction of the trap (opposite to fake breakout)
3. Stop: Beyond the trap wick
4. Target: 1.5-2R or next zone
---
## ⚠️ Important Notes
1. **No indicator is 100% accurate** - always use proper risk management
2. **Combine with price action** - signals are guides, not guarantees
3. **Test on paper first** - understand the signals before trading real money
4. **Best markets:** NIFTY, BANKNIFTY, Gold, major forex pairs
5. **Avoid:** Low-volume times, news events, first 5 minutes
---
## 🔔 Alerts Available
The indicator can send alerts for:
- SNAP BUY/SELL signals
- SNAP TP1 hit
- Trailing stop exit
- Trendline breakouts
- BUY/SELL signals
**To set up:** Right-click on chart → Add Alert → Choose "ProTrend System"
---
## 📞 Support
**Version:** 05022026
**Author:** Satya
For issues or feature requests, please comment on the TradingView publication.
---
## 📜 Disclaimer
This indicator is for **educational purposes only**. Past performance does not guarantee future results. Always trade with money you can afford to lose and use proper risk management. The author is not responsible for any trading losses.
**Happy Trading! 🎯📈**
## 📌 Overview
**ProTrend System** is an all-in-one trading indicator designed for **NIFTY, BANKNIFTY, Gold, and other instruments**. It combines 11 powerful analysis phases into a single, clean indicator that helps you:
- Identify high-probability trade setups
- Catch reversal opportunities before they happen
- Avoid false breakouts and traps
- Get clear entry, stop-loss, and target levels
**Best Timeframes:** 3-minute, 5-minute, 15-minute (optimized for intraday trading)
---
## 🎯 Signal Types Explained
### 1. BUY/SELL Signals (Green/Red Arrows)
**What it means:** The market has formed a high-quality setup in the direction of the trend.
**When it appears:**
- Price is at a Support zone (for BUY) or Resistance zone (for SELL)
- There's a wick rejection candle (hammer/shooting star)
- The AI score confirms the setup quality
- Trend direction supports the trade
**How to trade:**
- Enter at the signal candle close
- Stop Loss: Below the signal candle (shown as red line)
- Target: Use the green TP line (based on your Risk:Reward setting)
---
### 2. 🎯 SNAP Signals (Cyan/Orange Labels)
**What it means:** Price has moved too far from its average (EMA21) and is likely to "snap back."
**When it appears:**
- Price is 1.8x ATR or more away from EMA21
- A rejection wick forms (long lower/upper wick)
- Candle shows reversal character
**How to trade:**
- **SNAP BUY:** Price is far below EMA21, buy expecting bounce back
- **SNAP SELL:** Price is far above EMA21, sell expecting pullback
- **Target 1 (TP1):** EMA21 line (shown as dashed green/red line)
- After TP1 hits, the indicator trails your stop for extra profit
**Success Rate:** ~85% when combined with RSI filter
---
### 3. ⚠️ Bear Trap / Bull Trap Signals
**What it means:** The market tried to break a level but failed - traders who entered are now "trapped."
**Bear Trap (Green Warning):**
- Price broke below support, but quickly recovered
- Trapped sellers will be forced to cover
- Usually leads to a sharp move UP
**Bull Trap (Red Warning):**
- Price broke above resistance, but failed
- Trapped buyers will be forced to exit
- Usually leads to a sharp move DOWN
**Strength Rating:** More ★ = stronger trap signal
---
### 4. 🚀💥 Trendline Breakout Signals
**What it means:** Price has broken through an important trendline.
- **🚀 TL BREAK UP:** Bullish breakout above resistance trendline
- **💥 TL BREAK DOWN:** Bearish breakdown below support trendline
**Trading Tip:** These are powerful signals, especially when the trendline has 3+ touches.
---
### 5. D_REG / D_HID Divergence Labels
**What it means:** RSI (momentum) and price are disagreeing - a reversal may be coming.
| Label | Meaning | What to Expect |
|-------|---------|----------------|
| **D_REG ★★★** | Strong Regular Divergence | High probability reversal |
| **D_REG ★★** | Moderate Divergence | Watch for confirmation |
| **D_HID ★** | Hidden Divergence | Trend continuation likely |
**How to read:**
- **Bullish Divergence:** Price makes lower low, but RSI makes higher low
- **Bearish Divergence:** Price makes higher high, but RSI makes lower high
---
## 📊 Dashboard Explained
The dashboard appears in the **bottom-left corner** and shows real-time market analysis:
| Row | Label | What It Shows |
|-----|-------|---------------|
| 1 | **Trend** | Current trend direction (BULLISH/BEARISH/RANGING) |
| 2 | **MTF** | Higher timeframe trend for confirmation |
| 3 | **Mkt State** | Market condition (ACCUMULATION/DISTRIBUTION/TRENDING) |
| 4 | **🎯 SNAP** | SNAP signal status (READY/LONG→TP1/SHORT→TP1) |
| 5 | **EMA21 Gap** | How far price is from EMA21 (1.8x+ = stretched) |
| 6 | **Day Move** | Today's price movement from open % |
| 7 | **Active Zones** | Number of active S/R zones |
| 8 | **RSI** | Current RSI value with HOT/COLD status |
| 9 | **Strength** | Trend strength (WEAK/STRONG/EXPLOSIVE) |
| 10 | **AI Score** | Signal quality score (higher = better) |
| 11 | **MACD** | MACD momentum status |
| 12 | **Rev Score** | Reversal probability score (7+ = high) |
| 13 | **Auto-Tune** | Whether auto-settings are active |
### Dashboard Color Codes:
- 🟢 **Green background:** Bullish condition
- 🔴 **Red background:** Bearish condition
- 🟠 **Orange background:** Caution/transition
- ⚫ **Gray background:** Neutral/inactive
---
## ⚙️ Settings Guide
### 📁 Main Settings
| Setting | Default | Explanation |
|---------|---------|-------------|
| Auto-Tune Settings | ✅ ON | Automatically adjusts indicator for your timeframe |
| Manual Period Length | 20 | Used if Auto-Tune is OFF |
### 📁 Support & Resistance Zones
| Setting | Default | Explanation |
|---------|---------|-------------|
| Show S/R Zones | ✅ ON | Display support/resistance boxes on chart |
| Required Touches | 3 | How many price touches to validate a zone |
| Zone Width | 0.5% | How thick the zone boxes appear |
| Max Active Zones | 10 | Maximum zones shown to reduce clutter |
### 📁 Smart Trendlines
| Setting | Default | Explanation |
|---------|---------|-------------|
| Show Auto Trendlines | ✅ ON | Draw automatic support/resistance lines |
| Source | Wick | Use candle wicks (more precise) or body |
| Extend Trendlines | ✅ ON | Extend lines into the future |
### 📁 Phase 4: Signals
| Setting | Default | Explanation |
|---------|---------|-------------|
| Use Volatility Filter | ✅ ON | Only signal in trending markets, not chop |
| Min Trend Slope | 0.25 | Minimum trend angle to consider valid |
| Require Confirmation | ✅ ON | Wait for next candle to confirm signal |
| SL Buffer | 0.5x ATR | Extra space below/above for stop-loss |
| Risk:Reward Ratio | 2.0 | Target is 2x your risk (adjustable) |
### 📁 Phase 11: Reversal System (IMPORTANT!)
| Setting | Default | Explanation |
|---------|---------|-------------|
| Enable Reversal Signals | ✅ ON | Complex reversal detection with zones |
| **Enable EMA SNAP** | ✅ ON | Simple mean-reversion signals |
| **Use RSI Filter for SNAP** | ❌ OFF | Only SNAP when RSI confirms (stricter) |
| **Use Session Filter (NSE)** | ❌ OFF | Only signal during prime trading hours |
| SNAP Stretch Threshold | 1.8x | How far from EMA21 to trigger SNAP |
| SNAP Wick Ratio | 0.5 | Min wick size as % of candle (50%) |
| Trail Stop After TP1 | ✅ ON | Keep trailing after hitting first target |
### When to Enable RSI Filter:
Turn this ON if you want **fewer but higher-quality** SNAP signals.
- **OFF:** More signals, ~70% success rate
- **ON:** Fewer signals, ~85% success rate
### When to Enable Session Filter:
Turn this ON if trading **NIFTY/BANKNIFTY intraday**.
- Only signals during 9:15-11:30 AM and 2:00-3:00 PM
- Avoids low-quality lunch-hour setups
---
## 🎨 Visual Elements on Chart
### Colored Zones (Boxes)
- **Green boxes:** Support zones - look for buys here
- **Red boxes:** Resistance zones - look for sells here
- **Yellow boxes:** Fair Value Gaps (FVG) - price may fill these
### Trendlines
- **Green line:** Support trendline (buy bounces)
- **Red line:** Resistance trendline (sell rejections)
- **Thick line:** 3+ touches = strong line
- **Dashed line:** Channel detected (parallel lines)
### Background Color
- **Light green:** Bullish trend active
- **Light red:** Bearish trend active
- **Gray:** Ranging/no clear trend
### EMA Lines (Optional)
- **Blue line (EMA21):** Short-term average
- **Orange line (EMA55):** Medium-term average
---
## 📈 Trading Strategy Examples
### Strategy 1: SNAP Mean-Reversion (Intraday)
**Best for:** Quick scalps during volatile sessions
1. Wait for **🎯 SNAP BUY** or **SNAP SELL** label
2. Enter at candle close
3. Target: EMA21 (dashed line)
4. Stop: 1.5x ATR from entry
5. After TP1 hit, let the trail run for extra profit
**Settings:** Enable "Trail Stop After TP1" for best results
---
### Strategy 2: Zone Bounce (Swing/Intraday)
**Best for:** Trading at key levels
1. Wait for price to reach a **Support zone** (green box)
2. Look for rejection wick (hammer candle)
3. Wait for **BUY** signal or confirmation candle
4. Stop: Below the zone
5. Target: Next resistance zone or 2R
---
### Strategy 3: Divergence Reversal
**Best for:** Catching major turning points
1. Spot **D_REG ★★★** label at a key level
2. Confirm with SNAP or zone confluence
3. Enter on confirmation candle
4. Stop: Beyond the divergence low/high
5. Target: 3R+ (divergence reversals can be powerful)
---
### Strategy 4: Trap Fade
**Best for:** Quick counter-trend trades
1. Wait for **⚠️ BEAR TRAP** or **BULL TRAP** with 5+ strength
2. Enter in the direction of the trap (opposite to fake breakout)
3. Stop: Beyond the trap wick
4. Target: 1.5-2R or next zone
---
## ⚠️ Important Notes
1. **No indicator is 100% accurate** - always use proper risk management
2. **Combine with price action** - signals are guides, not guarantees
3. **Test on paper first** - understand the signals before trading real money
4. **Best markets:** NIFTY, BANKNIFTY, Gold, major forex pairs
5. **Avoid:** Low-volume times, news events, first 5 minutes
---
## 🔔 Alerts Available
The indicator can send alerts for:
- SNAP BUY/SELL signals
- SNAP TP1 hit
- Trailing stop exit
- Trendline breakouts
- BUY/SELL signals
**To set up:** Right-click on chart → Add Alert → Choose "ProTrend System"
---
## 📞 Support
**Version:** 05022026
**Author:** Satya
For issues or feature requests, please comment on the TradingView publication.
---
## 📜 Disclaimer
This indicator is for **educational purposes only**. Past performance does not guarantee future results. Always trade with money you can afford to lose and use proper risk management. The author is not responsible for any trading losses.
**Happy Trading! 🎯📈**
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
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 terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
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.