OPEN-SOURCE SCRIPT
SCALE Strat Trade Plan (+ Wedge Trendlines)
A discretionary decision-support overlay that combines "The Strat" reversal logic with a 5-point S.C.A.L.E confluence score, draws a clean, ready-to-read trade plan — entry, stop, and a 3-step target ladder — and overlays auto-drawn wedge trendlines and the structure that matters.**
It does not predict the market or promise results. It *organizes* what's already on your chart — reversals, levels, momentum, trendlines, and a scored setup — so you can make faster, more consistent discretionary decisions.
What it shows
🎯 The trade plan**
When a qualifying reversal forms, the indicator draws a complete plan:
- **Entry** — above the bullish reversal bar (Call) or below the bearish one (Put)
- **Stop** — at the structure low/high, but **capped at 0.75 × ATR** so risk stays defined
- **Targets** — a **TP1 / TP2 / TP3 ladder** at 2× / 3× / 4× ATR, each labeled with its % move
- **Shaded reward / risk zones** from entry to TP3 and entry to stop
The plan **locks** once set, so it stays steady through a continuation instead of jumping to every little pullback, and **hides itself** once price closes past its stop or runs far beyond target — no stale plans cluttering the chart.
📊 The S.C.A.L.E score (0–5)**
Every setup is scored on five factors:
- **S** — at a Support/Resistance level
- **C** — a reversal Candle (engulfing / hammer / shooter / doji)
- **A** — Alignment (daily/weekly/monthly) or a Strat reversal
- **L** — Liquidity event (swept swing / break of structure / fair-value gap)
- **E** — daily 5/9 EMA confirmation
A live score reads out in the corner box, and you can require a minimum score before a full plan is drawn.
📐 Auto wedge trendlines**
Two self-updating trendlines connect recent pivot highs (upper) and pivot lows (lower) and extend to the right — so converging wedges, rising/falling channels, and breakout/breakdown lines are drawn for you. Fully adjustable pivot length and which pivots to connect, and they can be toggled off entirely.
🧱 Structure, drawn for you**
- Pivot levels (R2 / R1 / Pivot / S1 / S2) from a configurable anchor timeframe
- Swing highs/lows (auto-tagged Higher High, Lower Low, etc.)
- Previous-week high/low, most-recent liquidity sweep
- Major Fibonacci pullbacks (50% and 61.8% golden)
- Nearest Support / Resistance labels
- "The Strat" bar typing — **1** (inside) / **3** (outside) numbers and **Rev** flags on 2-2 / 2-1-2 / 3-1-2 reversals
🧭 The read-out box (bottom-right)**
`ATR | SC (live score) | Now (live trend) | Mom %`
- **SC** — the current SCALE score, color-graded
- **Now** — the live trend bias on your chart timeframe
- **Mom %** — share of 15m / 1H / 4H / D / W / M timeframes pointing up (green = full continuity, yellow = mixed, red = full down)
🎯 Sniper panel (Dir | 3m | 5m | 15m)**
A compact multi-timeframe panel showing intraday direction, so a lower-timeframe entry can be checked against the higher ones at a glance.
---
How to use it
1. **Add it to any chart and timeframe.** It's built for intraday (3m / 5m / 15m) but works on any resolution — the plan, pivots, and trendlines auto-scale.
2. **Read the box.** `SC` climbing toward your threshold, `Now` for trend direction, `Mom %` for higher-timeframe agreement.
3. **Use the wedge lines for context.** Watch how price behaves at the upper/lower trendline — a reversal off a line, or a clean break of one, is often where the best setups appear.
4. **Wait for a plan to print.** When a reversal qualifies, the Call/Put entry, stop, and TP ladder appear. The label shows the SCALE score and the location (at support / resistance / breakout).
5. **Confirm with the Sniper panel.** For an intraday entry, glance at whether 5m and 15m agree with the direction.
6. **Manage with the ladder.** A common approach: trim at TP1, move stop to entry, let a runner go to TP2 / TP3 — your call.
7. **Tune the filters to your style** (below) — wide open to learn the patterns, or tight for only high-confluence setups.
Key inputs
- **SCALE threshold** — minimum score to draw a full plan (0 = every reversal, higher = selective). Sub-threshold setups can show as lighter **"watch"** flags.
- **Min reversal bar size (× ATR)** — ignores tiny pullback wiggles so the entry isn't re-drawn on every micro-move.
- **Lock entry until it resolves** — keeps one plan steady through a continuation.
- **Noise / fakeout filter** — require a clean directional bar + above-average volume.
- **Level-align entries** — only long at support / short at resistance.
- **Require 3m + 5m + 15m alignment** — top-down confirmation.
- **Block new entries after 3pm ET** — avoids late-day setups with no room before the close.
- **Trendlines (Wedge Maker)** — show/hide, pivot length, which pivots to connect, source, colors, width.
- **Pivot anchor timeframe, ATR length, TP multipliers, stop cap** — fully adjustable.
Each filter is independent — start loose to learn the patterns, then tighten the ones that fit how you trade.
---
Alerts
- **Call / Put entry** — a qualifying setup formed
- **Watch setup** — a lower-score setup is forming
- **TP1 hit / TP3 hit / Stop hit** — manage the open plan
---
Credits
The wedge-trendline module is adapted from **"Wedge Maker Pro – Day Trade Edition" by veryfid**, integrated here with permission/attribution under TradingView's house rules. All credit for that component goes to the original author.
Notes
- This is a **discretionary tool**, not an automated strategy or signal service. It highlights and scores setups; **you** decide whether to act.
- No indicator guarantees profit. Use proper risk management and your own analysis.
- Best used on liquid instruments where structure is clean.
- Not financial advice. For educational and decision-support purposes only.
It does not predict the market or promise results. It *organizes* what's already on your chart — reversals, levels, momentum, trendlines, and a scored setup — so you can make faster, more consistent discretionary decisions.
What it shows
🎯 The trade plan**
When a qualifying reversal forms, the indicator draws a complete plan:
- **Entry** — above the bullish reversal bar (Call) or below the bearish one (Put)
- **Stop** — at the structure low/high, but **capped at 0.75 × ATR** so risk stays defined
- **Targets** — a **TP1 / TP2 / TP3 ladder** at 2× / 3× / 4× ATR, each labeled with its % move
- **Shaded reward / risk zones** from entry to TP3 and entry to stop
The plan **locks** once set, so it stays steady through a continuation instead of jumping to every little pullback, and **hides itself** once price closes past its stop or runs far beyond target — no stale plans cluttering the chart.
📊 The S.C.A.L.E score (0–5)**
Every setup is scored on five factors:
- **S** — at a Support/Resistance level
- **C** — a reversal Candle (engulfing / hammer / shooter / doji)
- **A** — Alignment (daily/weekly/monthly) or a Strat reversal
- **L** — Liquidity event (swept swing / break of structure / fair-value gap)
- **E** — daily 5/9 EMA confirmation
A live score reads out in the corner box, and you can require a minimum score before a full plan is drawn.
📐 Auto wedge trendlines**
Two self-updating trendlines connect recent pivot highs (upper) and pivot lows (lower) and extend to the right — so converging wedges, rising/falling channels, and breakout/breakdown lines are drawn for you. Fully adjustable pivot length and which pivots to connect, and they can be toggled off entirely.
🧱 Structure, drawn for you**
- Pivot levels (R2 / R1 / Pivot / S1 / S2) from a configurable anchor timeframe
- Swing highs/lows (auto-tagged Higher High, Lower Low, etc.)
- Previous-week high/low, most-recent liquidity sweep
- Major Fibonacci pullbacks (50% and 61.8% golden)
- Nearest Support / Resistance labels
- "The Strat" bar typing — **1** (inside) / **3** (outside) numbers and **Rev** flags on 2-2 / 2-1-2 / 3-1-2 reversals
🧭 The read-out box (bottom-right)**
`ATR | SC (live score) | Now (live trend) | Mom %`
- **SC** — the current SCALE score, color-graded
- **Now** — the live trend bias on your chart timeframe
- **Mom %** — share of 15m / 1H / 4H / D / W / M timeframes pointing up (green = full continuity, yellow = mixed, red = full down)
🎯 Sniper panel (Dir | 3m | 5m | 15m)**
A compact multi-timeframe panel showing intraday direction, so a lower-timeframe entry can be checked against the higher ones at a glance.
---
How to use it
1. **Add it to any chart and timeframe.** It's built for intraday (3m / 5m / 15m) but works on any resolution — the plan, pivots, and trendlines auto-scale.
2. **Read the box.** `SC` climbing toward your threshold, `Now` for trend direction, `Mom %` for higher-timeframe agreement.
3. **Use the wedge lines for context.** Watch how price behaves at the upper/lower trendline — a reversal off a line, or a clean break of one, is often where the best setups appear.
4. **Wait for a plan to print.** When a reversal qualifies, the Call/Put entry, stop, and TP ladder appear. The label shows the SCALE score and the location (at support / resistance / breakout).
5. **Confirm with the Sniper panel.** For an intraday entry, glance at whether 5m and 15m agree with the direction.
6. **Manage with the ladder.** A common approach: trim at TP1, move stop to entry, let a runner go to TP2 / TP3 — your call.
7. **Tune the filters to your style** (below) — wide open to learn the patterns, or tight for only high-confluence setups.
Key inputs
- **SCALE threshold** — minimum score to draw a full plan (0 = every reversal, higher = selective). Sub-threshold setups can show as lighter **"watch"** flags.
- **Min reversal bar size (× ATR)** — ignores tiny pullback wiggles so the entry isn't re-drawn on every micro-move.
- **Lock entry until it resolves** — keeps one plan steady through a continuation.
- **Noise / fakeout filter** — require a clean directional bar + above-average volume.
- **Level-align entries** — only long at support / short at resistance.
- **Require 3m + 5m + 15m alignment** — top-down confirmation.
- **Block new entries after 3pm ET** — avoids late-day setups with no room before the close.
- **Trendlines (Wedge Maker)** — show/hide, pivot length, which pivots to connect, source, colors, width.
- **Pivot anchor timeframe, ATR length, TP multipliers, stop cap** — fully adjustable.
Each filter is independent — start loose to learn the patterns, then tighten the ones that fit how you trade.
---
Alerts
- **Call / Put entry** — a qualifying setup formed
- **Watch setup** — a lower-score setup is forming
- **TP1 hit / TP3 hit / Stop hit** — manage the open plan
---
Credits
The wedge-trendline module is adapted from **"Wedge Maker Pro – Day Trade Edition" by veryfid**, integrated here with permission/attribution under TradingView's house rules. All credit for that component goes to the original author.
Notes
- This is a **discretionary tool**, not an automated strategy or signal service. It highlights and scores setups; **you** decide whether to act.
- No indicator guarantees profit. Use proper risk management and your own analysis.
- Best used on liquid instruments where structure is clean.
- Not financial advice. For educational and decision-support purposes only.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.