OPEN-SOURCE SCRIPT
PVRPLE ORACLE - 250%
# PVRPLE ORACLE
PVRPLE ORACLE is a Smart Zone and Order Block strategy designed to identify potential momentum continuation setups after a price retest of an active trading zone.
The strategy detects bullish and bearish Order Block candles, validates them through an ATR-based momentum filter, and creates dynamic trading zones.
Once price revisits a zone, PVRPLE ORACLE waits for confirmation before opening a trade:
* **Blue Zone:** price returns into the bullish zone and breaks above the upper confirmation trigger → LONG entry.
* **Red Zone:** price returns into the bearish zone and breaks below the lower confirmation trigger → SHORT entry.
## Core Features
* Automatic bullish and bearish Order Block detection
* ATR-based momentum filter
* Dynamic Smart Zone visualization
* Configurable entry confirmation distance
* Configurable Take Profit and Stop Loss
* One trade per zone
* Long and Short signal visualization
* Supports fixed cash sizing or percentage-of-equity sizing
* Designed for backtesting and strategy optimization
## Tested Configuration
* Timeframe: **1 Hour**
* Initial Capital: **50,000 USDT**
* Position Size Tested: **50% of equity**
* Entry Confirmation: **100 points**
* Take Profit: **300 points**
* Stop Loss: **50 points**
* Maximum Trades per Zone: **1**
## Important Disclaimer
PVRPLE ORACLE is designed for backtesting, research, and educational purposes.
Historical performance does not guarantee future results. Before using the strategy in live conditions, test it with realistic trading costs, commissions, slippage, and Bar Magnifier settings.
For a 50,000 USDT prop account, a more conservative starting allocation such as **5%–10% of equity per trade** is recommended until the strategy has been validated across multiple market conditions, symbols, and timeframes.
PVRPLE ORACLE is a Smart Zone and Order Block strategy designed to identify potential momentum continuation setups after a price retest of an active trading zone.
The strategy detects bullish and bearish Order Block candles, validates them through an ATR-based momentum filter, and creates dynamic trading zones.
Once price revisits a zone, PVRPLE ORACLE waits for confirmation before opening a trade:
* **Blue Zone:** price returns into the bullish zone and breaks above the upper confirmation trigger → LONG entry.
* **Red Zone:** price returns into the bearish zone and breaks below the lower confirmation trigger → SHORT entry.
## Core Features
* Automatic bullish and bearish Order Block detection
* ATR-based momentum filter
* Dynamic Smart Zone visualization
* Configurable entry confirmation distance
* Configurable Take Profit and Stop Loss
* One trade per zone
* Long and Short signal visualization
* Supports fixed cash sizing or percentage-of-equity sizing
* Designed for backtesting and strategy optimization
## Tested Configuration
* Timeframe: **1 Hour**
* Initial Capital: **50,000 USDT**
* Position Size Tested: **50% of equity**
* Entry Confirmation: **100 points**
* Take Profit: **300 points**
* Stop Loss: **50 points**
* Maximum Trades per Zone: **1**
## Important Disclaimer
PVRPLE ORACLE is designed for backtesting, research, and educational purposes.
Historical performance does not guarantee future results. Before using the strategy in live conditions, test it with realistic trading costs, commissions, slippage, and Bar Magnifier settings.
For a 50,000 USDT prop account, a more conservative starting allocation such as **5%–10% of equity per trade** is recommended until the strategy has been validated across multiple market conditions, symbols, and timeframes.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.