OPEN-SOURCE SCRIPT
RAKE LVL Indicator
RAKE LVL Indicator — How to Read Your Chart
The Lines
The green line is the Opening Print — the first price NQ traded at 9:30 AM. This is the most important level of the day. Everything revolves around it.
The yellow dashed lines are your hourly levels — drawn automatically at the open of every candle where the hourly chart changed color. These are the destinations price moves toward and the reaction points to watch when price arrives. They disappear automatically when price gets an hourly close through them.
The Dashboard (top right)
Read it top to bottom before doing anything:
5min / 15min / 1 Hour rows — green background means that timeframe is bullish, red means bearish. You want all three the same color before considering a trade.
MTF ALIGN — the most important row. "✅ ALL LONG" or "✅ ALL SHORT" means all three timeframes agree and the system is armed. Anything else means wait.
Near Level — shows ⚡ when price is within range of a level or the OP. This is when to pay close attention.
Gap Signal — tells you at the open whether it's a Gap Over Red (bullish day bias) or Gap Under Green (bearish day bias).
The Shapes on the Chart
Green triangle + "BUY" — a buy setup triggered at a level with all 3 timeframes bullish
Red triangle + "SELL" — a sell setup triggered at a level with all 3 timeframes bearish
Green label + "OPP" — Jake's highest quality setup: buy setup triggered right at the Opening Print with full MTF alignment
The Simple Workflow
Market opens at 9:30 — green OP line appears, check the Gap Signal row
Watch the MTF ALIGN row — wait for "✅ ALL LONG" or "✅ ALL SHORT"
Watch for "⚡ AT OP" or "⚡ AT LEVEL" in the Near Level row
When a BUY or SELL triangle appears — that's the mechanical trigger
Before entering: does the setup match your pre-market plan? Is the R:R at least 2.5:1?
The alerts do the watching for you — you don't need to stare at the screen. Alert 6 (OPP A+) is the one to prioritize above all others.
The Lines
The green line is the Opening Print — the first price NQ traded at 9:30 AM. This is the most important level of the day. Everything revolves around it.
The yellow dashed lines are your hourly levels — drawn automatically at the open of every candle where the hourly chart changed color. These are the destinations price moves toward and the reaction points to watch when price arrives. They disappear automatically when price gets an hourly close through them.
The Dashboard (top right)
Read it top to bottom before doing anything:
5min / 15min / 1 Hour rows — green background means that timeframe is bullish, red means bearish. You want all three the same color before considering a trade.
MTF ALIGN — the most important row. "✅ ALL LONG" or "✅ ALL SHORT" means all three timeframes agree and the system is armed. Anything else means wait.
Near Level — shows ⚡ when price is within range of a level or the OP. This is when to pay close attention.
Gap Signal — tells you at the open whether it's a Gap Over Red (bullish day bias) or Gap Under Green (bearish day bias).
The Shapes on the Chart
Green triangle + "BUY" — a buy setup triggered at a level with all 3 timeframes bullish
Red triangle + "SELL" — a sell setup triggered at a level with all 3 timeframes bearish
Green label + "OPP" — Jake's highest quality setup: buy setup triggered right at the Opening Print with full MTF alignment
The Simple Workflow
Market opens at 9:30 — green OP line appears, check the Gap Signal row
Watch the MTF ALIGN row — wait for "✅ ALL LONG" or "✅ ALL SHORT"
Watch for "⚡ AT OP" or "⚡ AT LEVEL" in the Near Level row
When a BUY or SELL triangle appears — that's the mechanical trigger
Before entering: does the setup match your pre-market plan? Is the R:R at least 2.5:1?
The alerts do the watching for you — you don't need to stare at the screen. Alert 6 (OPP A+) is the one to prioritize above all others.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.