PRO FrameworkINVITE ONLY SCRIPT:
FEATURES:
As its name suggests, Framework is here to offer a non-subjective frame of reference to traders. Effectively filtering 90% of prices offering poor risk management opportunities. More importantly this is a multi-timeframe tool that will scan across three time frames all at once, offering a final synthesized rendering. Our goal was to provide a professional grade dynamic price analysis without bloating the chart with numerous plots. Nevertheless they are complex tools requiring extensive learning. To support students in their journey, there is a wide open online community of users in our Discord channel, providing peer-to-peer assistance to progress with the strategy as well as tutored courses.
OUTPUTS:
To share a brief description of the indicators functioning, we will scroll through the major set of outputs that are presented to the user. Please note that the indicator is meant to assist from Junior to Senior expertise, to achieve this we have set different base templates right into the indicators. To keep this description simple, we will present the outputs you’ll see with the beginner setup:
Context Channel: composed of two “ribbons” one above the price and one below. It represents the dynamic zones of supply and demand, where prices are likely to find support and resistance for the given chart timeframe. They are representing complex algorithmic versions of channels evolving over time, while adapting to both ranges and trend conditions. Allowing to visualize the current price channel which the price is trading within, but also review the history of past dynamics. Ultimately, studying both the recent and past context behavior tells us everything we need about the price structure.
Average Price: Corresponding to a simple 20 period moving average synchronized with the context channel reference timeframe. Looking at the channel’s position relative to this average will help us define the “context” of the market, thereby filtering the patterns we will be able to apply to this chart (range, trend, volatility).
Breakout Targets: represented by small plots on the chart (cross, square, diamond) they inform the trader that the market is attempting to move in a particular direction. Given the predetermined context in which that pattern triggers, this will help us in managing the risk.
Price Confirmations: corresponding to the small triangle plots on the chart, they are automatically calculated to determine areas where other traders might have taken actions. These triangles aren’t a trading signal per say, they will be the trigger for our trades with the PRO Strategy, but only when patterns are active (meaning we are in the right context, and have enough risk limitation elements to justify entry).
Auto-Fibonacci: As most of our patterns include certain retracement rules, we decided to include a built-in fibonacci plotting tool. The outputs will automatically update with new prices, allowing users to use it as a trigger for the TradingView alerts system.
Automated Context Detection: the actual real Intellectual property and added value of PRO Indicators resides in our semi-automated system, based on the complex algorithmic detection of potentially favorable contexts to apply the strategy on. This also means that you can set alerts, and let the cloud monitor the market and be notified when the conditions are deemed viable. As you progress to more Senior contexts and adjust the indicators’ template setup, more complex alerts will be detected.
GENERAL STRATEGY:
Overall, the PRO Strategy combines two “core” indicators, Framework and Momentum. Framework is plotted on the main chart section as an overlay, it is definitely the most important as it guides the user through the hard process of filtering prices and timeframes that are suitable for technical analysis. On the other hand, PRO Momentum is on a separate oscillator tab under the chart section, it will study the momentum and cyclical structure, also offering automated pattern detection. Ultimately, our strategy is based on collecting and processing non-subjective rules, emanating from the indicators outputs. Essentially, this means that the indicator actually takes care of producing all the necessary binary outputs, leaving you with the remaining task of combining them correctly following the strategy’s patterns.
RISK LIMITATION:
Even if we provide semi-automated detection of viable contexts, there is no “one-click” or "easy-win” solution, the user still needs to carefully review the elements. When applicable pattern rules are confirmed, the user will gather risk-limitation information (breakout targets, price confirmations, momentum and cyclical coordination) and decide whether or not to trade according to its own risk profile. If so, the position sizing, stop-loss positioning, risk management and profit targets will all be defined according to the same indicator’s outputs. This effectively suppresses most behavioral and personal biases the trader could introduce, creating a stable and statistical risk management structure aiming for a durable profitability.
