OPEN-SOURCE SCRIPT
Updated Trading Psychology Analyzer
Trading Psychology Analyzer helps you evaluate your trade setups before you enter.
How it works:
1. Confluence Scoring — Scores your setup from 0-100% based on key market conditions: Break of Structure (BoS), Fibonacci retracements, Premium/Discount zones, News events, Chart Patterns, Breaker Blocks, Supply/Demand zones, Multi-Timeframe alignment, and Volume confirmation
2. Risk Calculator — Automatically calculates position size based on your account balance and risk % using proper Risk:Reward ratios
3. Psychology Check — Prompts you to acknowledge your emotional state before taking the trade
Who is this for:
• Traders who want to quantify their setup quality
• Those who struggle with emotional decision-making
• Anyone wanting to improve risk management
Use the inputs to customize threshold levels and enable/disable individual confluence factors. Works on any market and timeframe.
How it works:
1. Confluence Scoring — Scores your setup from 0-100% based on key market conditions: Break of Structure (BoS), Fibonacci retracements, Premium/Discount zones, News events, Chart Patterns, Breaker Blocks, Supply/Demand zones, Multi-Timeframe alignment, and Volume confirmation
2. Risk Calculator — Automatically calculates position size based on your account balance and risk % using proper Risk:Reward ratios
3. Psychology Check — Prompts you to acknowledge your emotional state before taking the trade
Who is this for:
• Traders who want to quantify their setup quality
• Those who struggle with emotional decision-making
• Anyone wanting to improve risk management
Use the inputs to customize threshold levels and enable/disable individual confluence factors. Works on any market and timeframe.
Release Notes
Code UpdateRelease Notes
Most losing trades aren't bad setups — they're good rules broken under emotion. This tool forces a 10-second pre-trade check and gives you one answer: GO or NO-GO.What it does
• Confluence Score (0–100%) — grade your setup against the conditions that matter: market structure, Break of Structure, Fibonacci, supply/demand, news.
• Psychology Check — pick your current emotion. FOMO, revenge and greed visibly drain your score the same way they drain your account.
• Risk Guardrails — flags when your risk %, R:R or daily-trade count breaks your own rules.
• One verdict — a Trade Score, a letter grade (A+ → F), and a clear GO / NO-GO.
How the score works
Trade Score = Confluence (50%) + Psychology (30%) + R:R (20%), minus a penalty for every broken rule. A perfect chart with a tilted mind is still a NO-GO.
How to use it
1. Add it to any chart, any timeframe.
2. Settings → tick the confluences your setup actually has.
3. Set your emotion and risk honestly.
4. Trade only the GOs. Screenshot the NO-GOs you skipped.
100% free and open-source. If it helps you, a ❤️ boost keeps it visible for other traders.
An extended version with 11 confluences, an automatic lot-size + FX calculator, Wyckoff phases, partial take-profit targets and session alerts also exists — details on my profile.
Release Notes
Most losing trades aren't bad setups - they're good rules broken under emotion. This tool forces a 10-second pre-trade check and gives you one answer: GO or NO-GO.What it does
• Confluence Score (0–100%) — grade your setup against the conditions that matter: market structure, Break of Structure, Fibonacci, supply/demand, news.
• Psychology Check — pick your current emotion. FOMO, revenge and greed visibly drain your score the same way they drain your account.
• Risk Guardrails - flags when your risk %, R:R or daily-trade count breaks your own rules.
• One verdict - a Trade Score, a letter grade (A+ → F), and a clear GO / NO-GO.
How the score works
Trade Score = Confluence (50%) + Psychology (30%) + R:R (20%), minus a penalty for every broken rule. A perfect chart with a tilted mind is still a NO-GO.
How to use it
1. Add it to any chart, any timeframe.
2. Settings → tick the confluences your setup actually has.
3. Set your emotion and risk honestly.
4. Trade only the GOs. Screenshot the NO-GOs you skipped.
100% free and open-source. If it helps you, a ❤️ boost keeps it visible for other traders.
An extended version with 11 confluences, an automatic lot-size + FX calculator, Wyckoff phases, partial take-profit targets and session alerts also exists - details on my profile.
Release Notes
v2.0 — Family update (matches PRO v2.0)• New look: muted dark "Modern Slate" design — cleaner, calmer, easier to read • Psychology simplified to one honest question: Calm / FOMO / Revenge / Tired • Revenge is now a hard NO-GO — this tool will not green-light revenge trading. Try it: set the emotion to "Revenge" and watch the signal flip. • Cleaner labels and warnings throughout
About the PRO version: it became "The Challenge Cockpit" — built for prop-firm traders. Prop-firm correct lot sizes (FTMO, FundedNext, E8 + more), your daily-loss budget, max-drawdown room and distance-to-target live on the chart, draggable Entry/SL/TP with instant lot size + profit, and a hard NO-GO before any trade could breach a limit. See my profile for access.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
⚡ Free Trading Psychology Analyzer (GO/NO-GO trade score) on my profile - PRO upgrade linked there.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
⚡ Free Trading Psychology Analyzer (GO/NO-GO trade score) on my profile - PRO upgrade linked there.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.