OPEN-SOURCE SCRIPT
Alpha Pro V6+
The Alpha Pro6 is a high-performance trend-following system engineered to track "Big Money" order flow. Instead of relying on a single signal, this script requires a triple-layer confluence of Trend, Momentum, and Market Structure to align before issuing an entry. It is designed to filter out "fake-outs" and capture the meat of a trending move.
How to Trade the Signals
LONG Signal: A green label indicating a high-probability bullish continuation or reversal.
SHORT Signal: A red label indicating a high-probability bearish continuation or reversal.
GET OUT (Exit): An orange cross appears when the confluence breaks. This is your signal to lock in profits or close the trade immediately.
Close (Choppy): A purple warning label that fires when market volatility drops. This is a "Defense First" signal it means the market is sideways and your money is better off on the sidelines.
Integrated Alerts
This script is fully optimized for TradingView alerts. You can set notifications for:
Primary Entries: Get a ping the second a "LONG" or "SHORT" prints on the bar close.
Exit Logic: Never miss the "GET OUT" signal, allowing for hands-free trade management.
Volatility Alerts: Know immediately when the market turns "Choppy."
Best Practices
Timeframes: Optimized for the 15m and 30m charts.
Pairs: Designed specifically for high-liquidity pairs like GBPJPY, EURUSD, and major Indices.
Stop-Loss: We recommend placing stops behind the most recent HL (for Longs) or LH (for Shorts) to allow the trade room to breathe within the structure.
Disclaimer
This indicator is an analytical tool and does not constitute financial advice. Past performance is not indicative of future results. Always practice proper risk management.
How to Trade the Signals
LONG Signal: A green label indicating a high-probability bullish continuation or reversal.
SHORT Signal: A red label indicating a high-probability bearish continuation or reversal.
GET OUT (Exit): An orange cross appears when the confluence breaks. This is your signal to lock in profits or close the trade immediately.
Close (Choppy): A purple warning label that fires when market volatility drops. This is a "Defense First" signal it means the market is sideways and your money is better off on the sidelines.
Integrated Alerts
This script is fully optimized for TradingView alerts. You can set notifications for:
Primary Entries: Get a ping the second a "LONG" or "SHORT" prints on the bar close.
Exit Logic: Never miss the "GET OUT" signal, allowing for hands-free trade management.
Volatility Alerts: Know immediately when the market turns "Choppy."
Best Practices
Timeframes: Optimized for the 15m and 30m charts.
Pairs: Designed specifically for high-liquidity pairs like GBPJPY, EURUSD, and major Indices.
Stop-Loss: We recommend placing stops behind the most recent HL (for Longs) or LH (for Shorts) to allow the trade room to breathe within the structure.
Disclaimer
This indicator is an analytical tool and does not constitute financial advice. Past performance is not indicative of future results. Always practice proper risk management.
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.
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.
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.