OPEN-SOURCE SCRIPT
Intraday Bias Engine
Intraday Bias Engine
OVERVIEW
A probability-based intraday decision dashboard. After the opening auction it
estimates the highest-probability scenario for the session (bullish, bearish or
sideways), the likely day-type, an expected range and a confidence grade - by
combining several classic intraday models into one read. It is a context and
decision-support tool, not a buy/sell signal generator.
WHAT IT COMBINES
- Opening Range: high/low/mid, width vs the day's ATR, classified Narrow / Normal
/ Wide / Extreme.
- Gap: size and direction vs the previous close, with a transparent gap-fill
estimate (smaller gaps tend to fill more often).
- CPR: pivot, TC, BC, width classification and directional bias.
- VWAP: position, distance and who is in control.
- Market structure: higher-high / higher-low vs lower-high / lower-low.
- Smart-money pressure: a 0-100 score from a volume-delta approximation, relative
volume, range expansion, momentum and VWAP distance.
- Directional probability: a weighted blend of the above, normalised so Bull,
Bear and Sideways always total 100%.
- Day-type, expected range, confidence grade and a basic risk read.
DASHBOARD
A movable panel shows session classification, confidence and grade, Bull/Bear/
Sideways probability meters, the individual engine reads, opening-range and gap
context, the expected range, a no-trade (compression) status and a simple
directional hit-rate over the recent sessions.
ON-CHART
Opening Range, CPR (P/TC/BC), VWAP and expected-range bands are drawn for the
current day only. Compression conditions are highlighted as a faint no-trade zone.
HOW TO USE
1. Use an intraday timeframe on a symbol with reliable volume.
2. The read finalises after the opening-range window closes.
3. Favour setups that agree with the dominant probability and a higher confidence
grade; stand aside when the no-trade zone is active.
4. Treat the levels and probabilities as context for your own plan and risk
management.
NOTES
- Daily anchors use confirmed prior sessions; current-day levels draw forward
only and do not repaint historical bars. The live read updates as the day
develops, which is expected for an intraday model.
- The gap-fill figure and the directional hit-rate are simple estimates, not
performance guarantees.
- This script is for research and education only and is not financial advice.
OVERVIEW
A probability-based intraday decision dashboard. After the opening auction it
estimates the highest-probability scenario for the session (bullish, bearish or
sideways), the likely day-type, an expected range and a confidence grade - by
combining several classic intraday models into one read. It is a context and
decision-support tool, not a buy/sell signal generator.
WHAT IT COMBINES
- Opening Range: high/low/mid, width vs the day's ATR, classified Narrow / Normal
/ Wide / Extreme.
- Gap: size and direction vs the previous close, with a transparent gap-fill
estimate (smaller gaps tend to fill more often).
- CPR: pivot, TC, BC, width classification and directional bias.
- VWAP: position, distance and who is in control.
- Market structure: higher-high / higher-low vs lower-high / lower-low.
- Smart-money pressure: a 0-100 score from a volume-delta approximation, relative
volume, range expansion, momentum and VWAP distance.
- Directional probability: a weighted blend of the above, normalised so Bull,
Bear and Sideways always total 100%.
- Day-type, expected range, confidence grade and a basic risk read.
DASHBOARD
A movable panel shows session classification, confidence and grade, Bull/Bear/
Sideways probability meters, the individual engine reads, opening-range and gap
context, the expected range, a no-trade (compression) status and a simple
directional hit-rate over the recent sessions.
ON-CHART
Opening Range, CPR (P/TC/BC), VWAP and expected-range bands are drawn for the
current day only. Compression conditions are highlighted as a faint no-trade zone.
HOW TO USE
1. Use an intraday timeframe on a symbol with reliable volume.
2. The read finalises after the opening-range window closes.
3. Favour setups that agree with the dominant probability and a higher confidence
grade; stand aside when the no-trade zone is active.
4. Treat the levels and probabilities as context for your own plan and risk
management.
NOTES
- Daily anchors use confirmed prior sessions; current-day levels draw forward
only and do not repaint historical bars. The live read updates as the day
develops, which is expected for an intraday model.
- The gap-fill figure and the directional hit-rate are simple estimates, not
performance guarantees.
- This script is for research and education only and is not financial advice.
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.