OPEN-SOURCE SCRIPT
Edge Confirmation System (ECS) v2.0
ECS — Edge Confirmation System v2.0
A multi-layer confluence indicator built for SPX and SPY options traders who scalp and day trade. Instead of relying on a single signal, ECS combines three independent layers — trend direction, momentum, and volume — and only fires a BUY or SELL label when all three agree. No more entering too early or chasing moves.
What's inside:
Trend Ribbon — Three EMAs (8, 21, 50) form a color-coded ribbon. Green means the market is moving up, red means down, grey means choppy. If the ribbon is grey, there is no trade.
Momentum Pulse — A custom normalized oscillator (not RSI, not MACD) that measures price velocity and filters out flat, low-energy moves before they waste your time or money.
Volume Surge Detector — Identifies candles where institutional-level volume is present. Entries are blocked on weak low-volume moves, which is where most retail traders get chopped up.
BUY / SELL Labels — Clean text labels print directly on price only when all three layers confirm. No clutter, no noise.
Live Dashboard — A real-time panel in plain English showing market direction, momentum, volume activity, setup strength (★★★ rated), live signal, and today's bias so you know whether to focus on calls or puts before the open.
5 Built-in Alerts — BUY signal, SELL signal, exit warning, and volume surge, ready to connect to your phone or automation.
This indicator does not repaint. Signals are confirmed on the current bar close. Past performance does not guarantee future results. Always use proper risk management.
A multi-layer confluence indicator built for SPX and SPY options traders who scalp and day trade. Instead of relying on a single signal, ECS combines three independent layers — trend direction, momentum, and volume — and only fires a BUY or SELL label when all three agree. No more entering too early or chasing moves.
What's inside:
Trend Ribbon — Three EMAs (8, 21, 50) form a color-coded ribbon. Green means the market is moving up, red means down, grey means choppy. If the ribbon is grey, there is no trade.
Momentum Pulse — A custom normalized oscillator (not RSI, not MACD) that measures price velocity and filters out flat, low-energy moves before they waste your time or money.
Volume Surge Detector — Identifies candles where institutional-level volume is present. Entries are blocked on weak low-volume moves, which is where most retail traders get chopped up.
BUY / SELL Labels — Clean text labels print directly on price only when all three layers confirm. No clutter, no noise.
Live Dashboard — A real-time panel in plain English showing market direction, momentum, volume activity, setup strength (★★★ rated), live signal, and today's bias so you know whether to focus on calls or puts before the open.
5 Built-in Alerts — BUY signal, SELL signal, exit warning, and volume surge, ready to connect to your phone or automation.
This indicator does not repaint. Signals are confirmed on the current bar close. Past performance does not guarantee future results. Always use proper risk management.
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.