OPEN-SOURCE SCRIPT
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SVRO + 2A Setup Scanner

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Step 1 — Your Daily Workflow
Glance at the info table (top right) first — it tells you instantly where each stock stands
You're looking for stocks where a phase is ACTIVE
You can change mods between SVRO(VCP) or Reversal/Pullbacks or Both.

Step 2 — Reading the Background Colors
🔵 Blue tint on chart = SVRO contraction building

The stock had a big prior run, a Purple Dot institutional move, and is now quietly coiling
This is your "put on watchlist and watch daily" signal
Don't enter yet — wait for the green triangle

🟠 Orange tint = 2A pullback in progress

Uptrend is intact, stock is pulling back toward 21 EMA, volume drying up
Same thing — watchlist mode, not entry mode yet


Step 3 — The Green Triangle = Entry Signal
This is the "act now" signal. But check which label it carries:

SVRO ENTRY = Strong Start breakout out of contraction. Enter within first 30 mins of market open
2A-SS = Strong Start bounce off 21 EMA. Same — early morning entry
2A-SV = Stop Volume absorption bar. Enter on next day's open if structure holds
2A-CV = Climax Volume exhaustion. More aggressive — enter same day if market confirms


Step 4 — Stop Loss
The red dashed line on the chart is your stop. It auto-calculates as:

SVRO = 1% below entry
2A = low of the pullback candle

If price closes below it — exit, no argument.

Step 5 — Setting Up Alerts
This is the most powerful part for daily scanning:

Go to Alerts (clock icon) → Create Alert
Under Condition → select "Manas Arora Setups"
You'll see all 12 alert conditions listed
Set "ANY Setup Entry Signal" first — this fires whenever either setup triggers
Then separately set "SVRO Contraction Building" and "2A Pullback Phase Started" — so you get early warning before entry

Set these on every stock in your watchlist. TV Essential allows multiple alerts.

Step 6 — What to Ignore

Green triangle on a stock with no prior uptrend (table shows uptrend % red) → skip
Green triangle but volume not confirming → be cautious
2A-CV signal on a stock that's been falling for weeks → this is the Falling Knife setup, harder to trade, skip it for now


Practical tip to start — load the script on 5-10 stocks you already know well rather than random scanning. The signals will make more intuitive sense on familiar charts first.
Informacje o Wersji
Edited fine details
Informacje o Wersji
Updated info box for better clarity
Informacje o Wersji
Fixed alerts issue
Informacje o Wersji

  1. Fixed some errors
  2. Added Insider Bar
  3. Added Multiple EMA's
Informacje o Wersji
Added Strong Start and Trend Filter.

  1. Checks if the selected stock is displaying a strong start, defending the recent low and volume improving.
  2. Checks for EMA trend 20 > 50 > 200

Wyłączenie odpowiedzialności

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