OPEN-SOURCE SCRIPT
SQVIGU BULLISH--Encyclopedia of Chart Patterns

What Does Part 1 Do?
Part 1 serves as the foundational layer of this trading system. It is designed to be applied directly to your main chart to help you identify the macro trend, dynamic support/resistance, and overall market direction.
How to Use Part 1:
• Trend Identification: When the [feature, e.g., trend ribbon/moving average] turns [Color], it signals a bullish market environment. When it turns [Color], it signals a bearish environment.
• Key Levels: Watch how price reacts at the [feature, e.g., auto-drawn support/resistance zones]. These are high-probability areas for bounces or breakouts.
• Primary Signals: Look for [Specific condition, e.g., green/red arrows] on the chart. These act as your initial alert to start looking for a trade.
The Golden Rule (System Integration)
Part 1 gives you the direction, but you need Part 2 to pull the trigger. Never take a signal from Part 1 without confirming that Part 2 aligns with the same directional bias.
Settings & Alerts
• Fully customizable inputs to adjust the sensitivity for scalping, day trading, or swing trading.
• Built-in alerts for [List alert types, e.g., trend changes or support tests].
Part 1 serves as the foundational layer of this trading system. It is designed to be applied directly to your main chart to help you identify the macro trend, dynamic support/resistance, and overall market direction.
How to Use Part 1:
• Trend Identification: When the [feature, e.g., trend ribbon/moving average] turns [Color], it signals a bullish market environment. When it turns [Color], it signals a bearish environment.
• Key Levels: Watch how price reacts at the [feature, e.g., auto-drawn support/resistance zones]. These are high-probability areas for bounces or breakouts.
• Primary Signals: Look for [Specific condition, e.g., green/red arrows] on the chart. These act as your initial alert to start looking for a trade.
The Golden Rule (System Integration)
Part 1 gives you the direction, but you need Part 2 to pull the trigger. Never take a signal from Part 1 without confirming that Part 2 aligns with the same directional bias.
Settings & Alerts
• Fully customizable inputs to adjust the sensitivity for scalping, day trading, or swing trading.
• Built-in alerts for [List alert types, e.g., trend changes or support tests].
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.