OPEN-SOURCE SCRIPT
Pro Trading Machine Visual+
Pro Trading Machine Visual+ is a composite market analysis indicator designed to help you read price action without generating direct buy or sell signals. It combines several built-in tools to assess trend strength, momentum, and overall market conditions in a clearer, more complete way.
What’s included in the composite
-VZO (Volume Zone Oscillator) — measures volume pressure and helps identify buyer/seller dominance.
-Z-Score — shows how far price moves away from its average, helping spot unusual strength or weakness.
-DMI (Directional Movement Index) — helps evaluate trend direction and trend strength.
-ATR normalization — adjusts readings based on current volatility so the indicator stays relevant in different market conditions.
Main features
-Market condition analysis — helps you see whether the market is trending, weak, or neutral.
-Composite approach — combines multiple indicators into one broader market view.
-Multi-timeframe settings — allows each component to be adjusted across different timeframes.
-Noise reduction — includes a smoother, more conservative mode for cleaner analysis on lower timeframes.
-Visual clarity — customizable colors, line thickness, and overbought/oversold zones.
How to use it
- To judge trend strength before looking for entries.
- To confirm signals from price action or other indicators.
- To filter out weak or noisy moves and avoid low-quality setups.
- To spot momentum shifts when the market starts to lose strength.
What’s included in the composite
-VZO (Volume Zone Oscillator) — measures volume pressure and helps identify buyer/seller dominance.
-Z-Score — shows how far price moves away from its average, helping spot unusual strength or weakness.
-DMI (Directional Movement Index) — helps evaluate trend direction and trend strength.
-ATR normalization — adjusts readings based on current volatility so the indicator stays relevant in different market conditions.
Main features
-Market condition analysis — helps you see whether the market is trending, weak, or neutral.
-Composite approach — combines multiple indicators into one broader market view.
-Multi-timeframe settings — allows each component to be adjusted across different timeframes.
-Noise reduction — includes a smoother, more conservative mode for cleaner analysis on lower timeframes.
-Visual clarity — customizable colors, line thickness, and overbought/oversold zones.
How to use it
- To judge trend strength before looking for entries.
- To confirm signals from price action or other indicators.
- To filter out weak or noisy moves and avoid low-quality setups.
- To spot momentum shifts when the market starts to lose strength.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.