OPEN-SOURCE SCRIPT
SPY Edge AI V4.2 Signal Lock

SPY Edge AI V4.2 Signal Lock
SPY Edge AI V4.2 is a decision-support indicator designed for 5-minute SPY traders using a break-and-retest strategy. It automatically identifies key market levels, evaluates trade quality, and provides structured trade plans with built-in risk management.
Features
Automatic Previous Day, Previous Week, Premarket, and Opening Range levels
Break-and-retest detection
VWAP and EMA trend filters
Bullish/Bearish confirmation candle validation
Multi-target trade management (TP1 & TP2)
Dynamic Stop Loss calculation
Trade Readiness Dashboard
Signal Lock technology to keep valid setups active after they trigger
Liquidity sweep detection
Risk-to-Reward evaluation with trade grading
Designed to help traders stay disciplined by waiting for high-quality setups rather than chasing price.
Recommended timeframe: 5-minute SPY chart
I would also add this disclaimer at the bottom:
Disclaimer: This indicator is intended as a decision-support tool and should be used alongside your own market analysis and risk management. It does not guarantee profitable trades and should not be considered financial advice.
SPY Edge AI V4.2 is a decision-support indicator designed for 5-minute SPY traders using a break-and-retest strategy. It automatically identifies key market levels, evaluates trade quality, and provides structured trade plans with built-in risk management.
Features
Automatic Previous Day, Previous Week, Premarket, and Opening Range levels
Break-and-retest detection
VWAP and EMA trend filters
Bullish/Bearish confirmation candle validation
Multi-target trade management (TP1 & TP2)
Dynamic Stop Loss calculation
Trade Readiness Dashboard
Signal Lock technology to keep valid setups active after they trigger
Liquidity sweep detection
Risk-to-Reward evaluation with trade grading
Designed to help traders stay disciplined by waiting for high-quality setups rather than chasing price.
Recommended timeframe: 5-minute SPY chart
I would also add this disclaimer at the bottom:
Disclaimer: This indicator is intended as a decision-support tool and should be used alongside your own market analysis and risk management. It does not guarantee profitable trades and should not be considered financial advice.
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.