OPEN-SOURCE SCRIPT

Concordance Execution Mandate [JOAT]

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Concordance Execution Mandate [JOAT]

Introduction

Concordance Execution Mandate is an open-source TradingView strategy that integrates the indicator concepts used throughout the JOAT Suite into one execution framework. It combines crossframe bias, auction location, stepped structure, momentum timing, absorption participation, and volatility gating before any trade is allowed. It also renders on-chart trade rails, stop placement, profit targets, and a dashboard summarizing the active execution state.

The purpose of the strategy is not to optimize one narrow market condition. The purpose is to require multiple independent conditions to agree before a trade is taken. This reduces single-factor noise and creates a more realistic execution process than a strategy that relies on only one oscillator or one moving-average crossover.

スナップショット

Core Concepts

1. Crossframe Regime Filter

Higher-timeframe trend alignment establishes the directional permission layer. If the dominant bias is not aligned, the strategy remains filtered.

2. Auction Location Filter

Price must also be in a constructive value location for longs or a defensive value location for shorts. This reduces cases where a trend is positive but price is poorly located relative to accepted value.

3. Structure and Momentum Gate

The local stepped structure and momentum score must agree with the higher-level direction before a trade is permitted.

4. Absorption and Volatility Filter

If an active absorption range exists, the strategy uses it as a participation filter. Volatility percentile and directional volatility behavior are also used to avoid unsuitable states.

5. ATR-Based Risk Management

Stops are sized from ATR and, when enabled, can anchor to structural references. Targets are placed using configurable R multiples.

Features

  • Multi-layer trade permission: Crossframe, auction, structure, momentum, absorption, and volatility must align
  • Confirmed-bar logic: Entry conditions are evaluated on confirmed bars
  • ATR-based stop logic: Risk is normalized to current market conditions
  • Two staged exits: TP1 and TP2 are placed automatically, with a third informational rail on-chart
  • On-chart trade rails: Entry, stop, TP1, TP2, and TP3 are drawn directly on the chart
  • Risk/reward fills: Visual fill between entry and stop or target levels
  • Execution dashboard: Displays regime, permission, auction state, structure state, momentum, absorption, ATR percentile, position state, and active risk rail
  • Realistic default properties: Uses commission, slippage, and percent-of-equity sizing


Strategy Properties Used By Default

  • Initial Capital: 100000
  • Commission Type: Percent
  • Commission Value: 0.05
  • Slippage: 2
  • Pyramiding: 0
  • Position Size: 10% of equity
  • Orders Processed On Close: Enabled


How to Use This Strategy

Step 1: Read the dashboard before evaluating the backtest. The strategy is built around permission states, not constant market participation.

Step 2: Check whether the system is in Long Bias, Short Bias, or Mixed mode.

Step 3: Observe whether the strategy is filtering trades because one of the major layers is missing, such as auction location or volatility suitability.

Step 4: Use the on-chart rails to understand how the strategy is defining risk and reward at each entry.

Strategy Limitations

  • Like all strategies, results depend on market, timeframe, and input choices
  • Higher-timeframe filters are intentionally delayed for non-repainting safety
  • Multiple filters can reduce trade frequency substantially
  • The strategy is designed as a robust execution framework, not as a guarantee of profitability
  • Backtest results should be interpreted with realistic skepticism and proper context


Originality Statement

Concordance Execution Mandate is original in the way it integrates top-down bias, auction location, local structure, momentum timing, participation filtering, and volatility gating into one execution process with visible trade management rails. The script is published to show how multiple institutional-style context layers can be fused into a realistic open-source framework.

Disclaimer

This strategy is provided for educational and informational purposes only. It is not financial advice or a recommendation to trade any market. Backtest results are based on historical data and do not guarantee future performance. All trading involves risk, including the risk of loss. Use independent judgment and proper risk management.

-Made with passion by jackofalltrades

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