OPEN-SOURCE SCRIPT
PJT TAZ Core v2.2 [Dashboard]
Most traders enter too early or too late.
The PJT TAZ Core highlights structured pullback zones within a confirmed trend, helping you focus on disciplined entries instead of guessing.
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PJT TAZ Core v2.2
This script identifies the Trading Activity Zone (TAZ), where price pulls back within a trend before continuation.
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What it does:
• Identifies trend using moving averages
• Highlights pullback zones (TAZ)
• Helps locate structured entry areas
• Filters out low-quality setups
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How to use:
1. Confirm trend direction
2. Wait for price to enter the TAZ
3. Look for confirmation
4. Execute with discipline
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Williams %R is used as a supporting momentum tool to help confirm pullbacks within the trend.
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Part of the PJT Trading Framework:
This tool is designed to be used alongside the PJT Position Calculator to create a complete trade planning workflow.
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Who this is for:
• Traders learning trend-following
• Traders struggling with entries
• Traders focused on discipline
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Follow for more tools from the PJT Academy.
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Keywords:
trend trading, pullback trading, moving averages, trading system, day trading, price action
Disclaimer: For educational purposes only. Not financial advice.
The PJT TAZ Core highlights structured pullback zones within a confirmed trend, helping you focus on disciplined entries instead of guessing.
---
PJT TAZ Core v2.2
This script identifies the Trading Activity Zone (TAZ), where price pulls back within a trend before continuation.
---
What it does:
• Identifies trend using moving averages
• Highlights pullback zones (TAZ)
• Helps locate structured entry areas
• Filters out low-quality setups
---
How to use:
1. Confirm trend direction
2. Wait for price to enter the TAZ
3. Look for confirmation
4. Execute with discipline
---
Williams %R is used as a supporting momentum tool to help confirm pullbacks within the trend.
---
Part of the PJT Trading Framework:
This tool is designed to be used alongside the PJT Position Calculator to create a complete trade planning workflow.
---
Who this is for:
• Traders learning trend-following
• Traders struggling with entries
• Traders focused on discipline
---
Follow for more tools from the PJT Academy.
---
Keywords:
trend trading, pullback trading, moving averages, trading system, day trading, price action
Disclaimer: For educational purposes only. Not 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.