OPEN-SOURCE SCRIPT
Metis Speculative Entry Engine v1
Metis Speculative Entry Engine v1 is a long-only technical approval framework designed for speculative stocks, thematic baskets, and high-volatility names where entry timing matters more than rigid valuation-based accumulation.
Unlike traditional RSI tools that rely on simple oversold/overbought readings, this engine is built around a reclaim-and-confirm model. It uses a smoothed RSI structure, an internal signal line, optional trend filters, optional weekly RSI confirmation, and optional relative volume filters to sort speculative setups into three practical states:
• EARLY — a washout reclaim or early technical improvement is emerging
• APPROVED — conditions have improved enough to justify a higher-quality speculative entry
• HIGH CONVICTION — the setup shows stronger alignment across RSI, trend, weekly strength, and volume
The goal is not to predict exact bottoms or generate automated trades. Instead, the engine is meant to function as a technical approval tool that helps determine whether a speculative name is merely oversold, beginning to repair, or showing sufficiently constructive behavior to justify action.
This makes it especially useful for:
• speculative growth baskets
• thematic portfolios
• insider-driven opportunity lists
• biotech / psychedelic / microcap watchlists
• random high-volatility names where timing discipline is critical
Core logic
The engine evaluates:
• smoothed RSI
• RSI signal line
• reclaim behavior from extreme or oversold zones
• optional trend structure using moving averages
• optional weekly RSI health
• optional relative volume confirmation
By combining these layers, the script moves beyond “RSI is low, so buy” and instead asks a more useful question:
Has this stock improved enough technically to earn entry approval?
What makes it different
This script is not intended to replace a ladder-based accumulation system for core holdings. It is designed for the part of a portfolio where names are more speculative, more volatile, and more prone to false bottoms. In that world, a structured approval model can be more useful than either pure discretionary chart reading or naive RSI oversold signals.
Best use cases
• Use EARLY as a watchlist or stalking signal
• Use APPROVED as the main speculative entry authorization
• Use HIGH CONVICTION when you want your strongest technical timing filter for speculative names
Important note
This is an analytical and decision-support tool, not an execution system. It is best used to improve entry timing, reduce impulsive buys, and create more consistency across speculative portfolio decisions.
Unlike traditional RSI tools that rely on simple oversold/overbought readings, this engine is built around a reclaim-and-confirm model. It uses a smoothed RSI structure, an internal signal line, optional trend filters, optional weekly RSI confirmation, and optional relative volume filters to sort speculative setups into three practical states:
• EARLY — a washout reclaim or early technical improvement is emerging
• APPROVED — conditions have improved enough to justify a higher-quality speculative entry
• HIGH CONVICTION — the setup shows stronger alignment across RSI, trend, weekly strength, and volume
The goal is not to predict exact bottoms or generate automated trades. Instead, the engine is meant to function as a technical approval tool that helps determine whether a speculative name is merely oversold, beginning to repair, or showing sufficiently constructive behavior to justify action.
This makes it especially useful for:
• speculative growth baskets
• thematic portfolios
• insider-driven opportunity lists
• biotech / psychedelic / microcap watchlists
• random high-volatility names where timing discipline is critical
Core logic
The engine evaluates:
• smoothed RSI
• RSI signal line
• reclaim behavior from extreme or oversold zones
• optional trend structure using moving averages
• optional weekly RSI health
• optional relative volume confirmation
By combining these layers, the script moves beyond “RSI is low, so buy” and instead asks a more useful question:
Has this stock improved enough technically to earn entry approval?
What makes it different
This script is not intended to replace a ladder-based accumulation system for core holdings. It is designed for the part of a portfolio where names are more speculative, more volatile, and more prone to false bottoms. In that world, a structured approval model can be more useful than either pure discretionary chart reading or naive RSI oversold signals.
Best use cases
• Use EARLY as a watchlist or stalking signal
• Use APPROVED as the main speculative entry authorization
• Use HIGH CONVICTION when you want your strongest technical timing filter for speculative names
Important note
This is an analytical and decision-support tool, not an execution system. It is best used to improve entry timing, reduce impulsive buys, and create more consistency across speculative portfolio decisions.
开源脚本
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。