OPEN-SOURCE SCRIPT
Aura Matrix Pro Dashboard
The Aura Matrix Pro is a high-precision trend-following system designed to filter out market noise and identify high-probability entries. By combining an advanced Exponential Hull Moving Average (EHMA) with real-time Multi-Timeframe (MTF) analysis, this indicator provides a complete "Control Center" directly on your chart.
Key Features
Dual-Line Confirmation: Uses a thick EHMA (50) for the main trend and a thin HMA (20) for entry confirmation. When price clears both, the trend is confirmed.
Aura Matrix Dashboard: A live monitor of 5m, 15m, 30m, and 1h timeframes.
Momentum Engine: The EHMA changes color (Green/Red) only when trend and price momentum (ROC) align. Gray bars signify "No-Trade" zones.
Volatility Bands (ATM): Integrated ATR channels that show the "stretch" of the market.
Understanding the Dashboard Metrics
1. Trend & Power (1-10)
Trend: Shows the bullish or bearish bias per timeframe.
Power: A custom scale derived from the ADX. A value above 5 indicates a healthy trend. Values 8-10 represent an explosive move.
2. ADX (Trend Strength)
The ADX column is your primary filter for sideways markets:
ADX < 20: The market is ranging. Avoid trend-following trades.
ADX > 25 (Purple): A strong trend is confirmed. This is the "Green Light" for traders.
3. Vol % (Relative Volume) – The "Truth" Filter
This is perhaps the most critical part of the dashboard. It compares current volume to the 20-period average:
Below 100% (e.g., 80%): Weak interest. The move is likely a "fakeout" or lacks institutional backing. Be cautious.
100% - 130%: Healthy volume. The trend is supported by steady participation.
Above 150% (Dark Blue): Institutional Pressure. Big players are moving the market. This is the highest confirmation for any trend breakout.
How to Trade with Aura Matrix Pro
Check the Matrix: Look for at least 3 timeframes to agree (e.g., all Green).
Verify ADX & Volume: Ensure ADX is > 25 and Vol % is > 100%.
The Entry: Wait for the price to be above the Green EHMA and the White HMA line.
The Exit: Exit when the EHMA turns Gray or the Power drops significantly below 4.
Key Features
Dual-Line Confirmation: Uses a thick EHMA (50) for the main trend and a thin HMA (20) for entry confirmation. When price clears both, the trend is confirmed.
Aura Matrix Dashboard: A live monitor of 5m, 15m, 30m, and 1h timeframes.
Momentum Engine: The EHMA changes color (Green/Red) only when trend and price momentum (ROC) align. Gray bars signify "No-Trade" zones.
Volatility Bands (ATM): Integrated ATR channels that show the "stretch" of the market.
Understanding the Dashboard Metrics
1. Trend & Power (1-10)
Trend: Shows the bullish or bearish bias per timeframe.
Power: A custom scale derived from the ADX. A value above 5 indicates a healthy trend. Values 8-10 represent an explosive move.
2. ADX (Trend Strength)
The ADX column is your primary filter for sideways markets:
ADX < 20: The market is ranging. Avoid trend-following trades.
ADX > 25 (Purple): A strong trend is confirmed. This is the "Green Light" for traders.
3. Vol % (Relative Volume) – The "Truth" Filter
This is perhaps the most critical part of the dashboard. It compares current volume to the 20-period average:
Below 100% (e.g., 80%): Weak interest. The move is likely a "fakeout" or lacks institutional backing. Be cautious.
100% - 130%: Healthy volume. The trend is supported by steady participation.
Above 150% (Dark Blue): Institutional Pressure. Big players are moving the market. This is the highest confirmation for any trend breakout.
How to Trade with Aura Matrix Pro
Check the Matrix: Look for at least 3 timeframes to agree (e.g., all Green).
Verify ADX & Volume: Ensure ADX is > 25 and Vol % is > 100%.
The Entry: Wait for the price to be above the Green EHMA and the White HMA line.
The Exit: Exit when the EHMA turns Gray or the Power drops significantly below 4.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.