SPY - 1H IND (Sweep + Transition + Continuation)
This script is specifically calibrated for 3+ DTE swing options, focusing on suppressing institutional noise, false breakouts & gamma-pinning churn around major strike levels. It compresses dynamic look-backs to a 12d major & 3d tactical window with a tight 3-bar confirmation window — if SPY fails to reclaim swept liquidity within 3 hours, the engine treats the move as a genuine breakout rather than a sweep trap. It elevates the volume and conviction requirements to 1.15 RVOL & 0.15 daily ATR displacement, filtering out standard market-on-close imbalance churn. Additionally, it integrates a CBOE VIX Bollinger Band macro filter as a score modifier (boosting CALL [REV] setups when VIX spikes into extreme upper bands) & enforces tight extension ceilings (1.5 daily ATR for continuation, 1.25 daily ATR for transition) to prevent buying into institutional supply walls.
SPY risk parameters strictly cap initial entry risk at 1.25 daily ATR, instantly discarding setups that require wide stops far from key structure. The script utilizes a balanced runner engine — trailing activates early at 1.25R with a 1.5 daily ATR trailing distance to protect options delta and combat time decay during multi-day consolidations. This locks in gains on quick $2+ price moves while giving the underlying contract enough room to navigate normal 1H retests.
Script has a unified 2-stage signal engine and priority routing pipeline
SPY risk parameters strictly cap initial entry risk at 1.25 daily ATR, instantly discarding setups that require wide stops far from key structure. The script utilizes a balanced runner engine — trailing activates early at 1.25R with a 1.5 daily ATR trailing distance to protect options delta and combat time decay during multi-day consolidations. This locks in gains on quick $2+ price moves while giving the underlying contract enough room to navigate normal 1H retests.
Script has a unified 2-stage signal engine and priority routing pipeline
- Intra-bar Awareness — generates real-time visual warnings while a 1H bar builds, providing early situational awareness without polluting backtests.
- Closed-Bar Execution — enforces requireConfirmedBar = true by default, ensuring all historical trade evaluations, back-test metrics & execution labels rest strictly on closed candles to eliminate repainting.
- Pathway Tagging — every trade label explicitly identifies its triggering engine route — [REV] (Reversal Sweep), [TRANS] (Trend Transition), or [CONT] (Trend Continuation), while automatically routing stop calculations to match the corresponding setup’s structural risk.
Market structure, daily & intraday levels, pakoumal.substack.com — all signal, no noise or hype.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
Market structure, daily & intraday levels, pakoumal.substack.com — all signal, no noise or hype.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน