Lemorei Daily - All-In-One

Lemorei Daily — All-in-One Daily Chart Context Tool

Lemorei Daily is a discretionary daily-chart analysis indicator designed to help traders quickly evaluate a stock’s broader trend, relative strength, volume quality, key levels, and long-side trading context.

This script is built for daily charts and is intended to support watchlist building, pre-market preparation, swing context, and intraday bias planning. It is not designed as a standalone buy/sell execution system. Instead, it helps answer one important question before trading: Is this stock strong enough to deserve attention?

The indicator combines several important daily-chart components into one clean visual layout:

20 EMA, 50 EMA, and 200 EMA trend structure
20/50 EMA cloud to quickly visualize bullish or bearish trend alignment
Weekly and Monthly anchored VWAP to identify whether price is above or below important institutional reference levels
Previous Day High and Previous Day Low levels with optional extended labels
ATR-based daily range analysis to classify the current day as quiet, normal, healthy, expanded, or extreme
Relative strength vs SPY to show whether the ticker is leading or lagging the market
Volume quality analysis using relative volume versus its average
Hot volume candle highlighting for unusual daily participation
Fast Daily dashboard summarizing bias, EMA position, VWAP status, relative strength, volume, range, and action context
Action engine that classifies the setup as A+ LONG, WAIT VWAP, PULLBACK, SELECTIVE, AVOID LONG, or CAUTION
Clean action note with plain-language guidance for the current daily context
Alerts for A+ daily long context, VWAP reclaim, wait-for-VWAP conditions, and hot daily volume

The goal of this indicator is to make daily chart analysis faster, cleaner, and more structured. It is especially useful for traders who focus on momentum stocks, large-cap leaders, continuation setups, VWAP reclaim setups, and stocks showing relative strength against the broader market.

Suggested use cases:

Building a daily watchlist
Filtering stocks before intraday trading
Identifying strong continuation candidates
Avoiding weak or extended names
Confirming whether a stock has bullish daily structure before looking for lower-timeframe entries
Monitoring important VWAP, EMA, volume, and range conditions

Important: This script is for educational and informational purposes only. It is not financial advice, investment advice, or a recommendation to buy or sell any security. Always combine this tool with your own analysis, risk management, market conditions, news awareness, and personal trading plan.

Notas de Lançamento

Release Notes — v2.0

Major refinement focused on speed, clarity, and professional higher-timeframe context for large-cap scalping.

What’s new

Simplified FAST dashboard for quicker decisions during the first hour of the market
Added same-time-of-day RVOL logic using 5-minute RTH cumulative volume versus historical volume at the same time
RVOL is now embedded into TODAY instead of taking a separate row
RVOL is interpreted directionally: high volume confirms strength or weakness, but never overrides broken price structure
Added separate context scores for SCALP, EOD, AFTER, and SWING
Added HTF composite using Daily EMA structure plus Weekly/Monthly anchored VWAP
Added STRETCH state using ATR usage, Daily range position, and distance from HOD
Relative Strength now compares the stock against SPY
Added structural RISK level based on the nearest important Daily support
Improved weekend/holiday handling so the indicator correctly shows CLOSED
Removed stale RVOL behavior outside RTH
Preserved a clean chart with only PDH/PDL labels and the dashboard

Important
This indicator is designed as higher-timeframe context for lower-timeframe execution. It does not know your brokerage position, entry price, shares, or P&L, and should not be used as a substitute for intraday risk management.

Script de código aberto

Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.

lemorei

Aviso legal

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Script de código aberto

lemorei