OPEN-SOURCE SCRIPT
Parrots' Alpha Map
🦜 Parrots' Alpha Map (PAM) – BTC
Parrots' Alpha Map (PAM) is a Bitcoin-focused market-mapping overlay designed to visualize the key levels, risk zones, liquidity targets, and trade-management areas commonly used in discretionary BTC analysis.
The indicator provides a structured framework for tracking bullish and bearish scenarios by plotting manually configurable levels directly on the chart. Each level includes optional labels and detailed tooltip explanations to help traders understand the reasoning behind the level.
Features
• Bitcoin-focused market map
• Individually configurable support and resistance levels
• CPR, liquidity, reclaim, and invalidation zones
• Golden Pocket and downside liquidity targets
• CME gap tracking levels
• QFL-style signal markers
• Double Bottom and breakout detection
• Smart label stacking to reduce chart clutter
• Compact market-bias dashboard
• Daily and weekly invalidation monitoring
• Hover tooltips explaining the significance of each level
Intended Use
Parrots' Alpha Map is designed for traders who want a clear visual framework for:
Identifying key BTC decision points
Tracking bullish and bearish invalidation levels
Monitoring liquidity targets
Managing QFL-style trade setups
Following multi-timeframe market structure
Planning risk and trade management
Important Notes
This indicator is designed specifically for Bitcoin (BTC) and is intended as a discretionary analysis tool rather than a fully automated trading system.
The default levels reflect a market-analysis framework and should be updated as market conditions evolve.
This script does not predict future price movements and should be used alongside proper risk management and independent analysis.
Short Description
🦜 Parrots' Alpha Map (PAM) is a Bitcoin market-mapping tool that plots key support, resistance, liquidity, invalidation, and trade-management levels on the chart, helping traders visualize the daily BTC playbook through a structured discretionary framework.
Parrots' Alpha Map (PAM) is a Bitcoin-focused market-mapping overlay designed to visualize the key levels, risk zones, liquidity targets, and trade-management areas commonly used in discretionary BTC analysis.
The indicator provides a structured framework for tracking bullish and bearish scenarios by plotting manually configurable levels directly on the chart. Each level includes optional labels and detailed tooltip explanations to help traders understand the reasoning behind the level.
Features
• Bitcoin-focused market map
• Individually configurable support and resistance levels
• CPR, liquidity, reclaim, and invalidation zones
• Golden Pocket and downside liquidity targets
• CME gap tracking levels
• QFL-style signal markers
• Double Bottom and breakout detection
• Smart label stacking to reduce chart clutter
• Compact market-bias dashboard
• Daily and weekly invalidation monitoring
• Hover tooltips explaining the significance of each level
Intended Use
Parrots' Alpha Map is designed for traders who want a clear visual framework for:
Identifying key BTC decision points
Tracking bullish and bearish invalidation levels
Monitoring liquidity targets
Managing QFL-style trade setups
Following multi-timeframe market structure
Planning risk and trade management
Important Notes
This indicator is designed specifically for Bitcoin (BTC) and is intended as a discretionary analysis tool rather than a fully automated trading system.
The default levels reflect a market-analysis framework and should be updated as market conditions evolve.
This script does not predict future price movements and should be used alongside proper risk management and independent analysis.
Short Description
🦜 Parrots' Alpha Map (PAM) is a Bitcoin market-mapping tool that plots key support, resistance, liquidity, invalidation, and trade-management levels on the chart, helping traders visualize the daily BTC playbook through a structured discretionary framework.
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.