OPEN-SOURCE SCRIPT
NQ 5m Alert Framework Dashboard + Trade Levels
NQ 5m Alert Framework Dashboard + Trade Levels
This indicator is built for traders who want a cleaner way to read NQ/MNQ breakout setups on the 5-minute chart.
It combines:
• fast/slow EMA trend bias
• VWAP position
• dynamic breakout high and breakdown low levels
• early setup markers near the breakout zone
• breakout and breakdown trigger labels
• an on-chart dashboard showing market bias and projected trade levels
What it shows
• Bullish / bearish bias
• based on EMA structure and price vs VWAP
• Setup markers
• yellow “Set” markers when price is approaching a breakout or breakdown zone
• Breakout triggers
• BO for breakout up
• BD for breakdown
• Breakout levels
• green line = breakout high
• red line = breakdown low
• Dashboard
• Bias
• Setup status
• Trigger status
• EMA state
• VWAP state
• projected entry, SL, TP1, TP2, TP3
How to read it
• Set = conditions are lining up, get ready
• BO / BD = actual breakout or breakdown trigger
• background color
• green = bullish bias
• red = bearish bias
Best use case
This tool is designed for:
• NQ / MNQ traders
• 5-minute breakout traders
• intraday traders who want visual structure and quick decision support
Notes
• This is a framework, not financial advice
• projected trade levels are based on the fixed point settings in the script
• users should test and adjust stop and target distances for their own market conditions and risk tolerance
This indicator is built for traders who want a cleaner way to read NQ/MNQ breakout setups on the 5-minute chart.
It combines:
• fast/slow EMA trend bias
• VWAP position
• dynamic breakout high and breakdown low levels
• early setup markers near the breakout zone
• breakout and breakdown trigger labels
• an on-chart dashboard showing market bias and projected trade levels
What it shows
• Bullish / bearish bias
• based on EMA structure and price vs VWAP
• Setup markers
• yellow “Set” markers when price is approaching a breakout or breakdown zone
• Breakout triggers
• BO for breakout up
• BD for breakdown
• Breakout levels
• green line = breakout high
• red line = breakdown low
• Dashboard
• Bias
• Setup status
• Trigger status
• EMA state
• VWAP state
• projected entry, SL, TP1, TP2, TP3
How to read it
• Set = conditions are lining up, get ready
• BO / BD = actual breakout or breakdown trigger
• background color
• green = bullish bias
• red = bearish bias
Best use case
This tool is designed for:
• NQ / MNQ traders
• 5-minute breakout traders
• intraday traders who want visual structure and quick decision support
Notes
• This is a framework, not financial advice
• projected trade levels are based on the fixed point settings in the script
• users should test and adjust stop and target distances for their own market conditions and risk tolerance
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.