OPEN-SOURCE SCRIPT
Edge Confirmation System
A multi-layer confluence indicator built for SPX and SPY options traders.
Combines three independent layers — Trend, Momentum, and Volume — and only fires a BUY or SELL signal when all three agree. No noise, no guessing.
What's included:
⚡ Trend Ribbon — Shows market direction using 3 EMAs. Grey ribbon means no trade.
🔥 Momentum Pulse — Custom oscillator that filters out weak, low-energy moves.
📊 Volume Surge — Blocks entries on low-volume candles where fakeouts happen most.
🎯 BUY / SELL Labels — Clean signals printed directly on price. Only when all layers confirm.
📋 Live Dashboard — Shows Trend, Momentum, Volume, Setup Strength, Signal, and Bias at a glance.
🔔 Built-in Alerts — Get notified on BUY, SELL, and Volume Surge signals.
For educational purposes only. Not financial advice. Always manage your risk.
Combines three independent layers — Trend, Momentum, and Volume — and only fires a BUY or SELL signal when all three agree. No noise, no guessing.
What's included:
⚡ Trend Ribbon — Shows market direction using 3 EMAs. Grey ribbon means no trade.
🔥 Momentum Pulse — Custom oscillator that filters out weak, low-energy moves.
📊 Volume Surge — Blocks entries on low-volume candles where fakeouts happen most.
🎯 BUY / SELL Labels — Clean signals printed directly on price. Only when all layers confirm.
📋 Live Dashboard — Shows Trend, Momentum, Volume, Setup Strength, Signal, and Bias at a glance.
🔔 Built-in Alerts — Get notified on BUY, SELL, and Volume Surge signals.
For educational purposes only. Not financial advice. Always manage your risk.
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.