OPEN-SOURCE SCRIPT
Dr.Oat SEPA Command
# Dr.Oat SEPA Command Center V2
**Developed by Dr.Kor Endo**
Dr.Oat SEPA Command Center V2 is a technical analysis and stock-screening tool inspired by the principles of SEPA (Specific Entry Point Analysis), Stage 2 trend analysis, and volatility contraction concepts.
The indicator is designed to help traders identify stocks that are showing strong trend characteristics, constructive price contraction, proximity to a potential pivot, and breakout confirmation with volume expansion.
## Main Features
### 1. Stage 2 Trend Template
The script evaluates seven technical conditions using:
* SMA 50
* SMA 150
* SMA 200
* SMA 200 rising trend
* Distance above the 52-week low
* Proximity to the 52-week high
* Price position relative to SMA 50
A stock passing all seven conditions is considered to have passed the Stage 2 Trend Template.
### 2. Quantitative VCP Engine
The VCP Score is a quantitative proxy designed to identify characteristics associated with volatility contraction.
The score evaluates:
* Base depth
* Short-term range contraction
* Medium-term range contraction
* ATR contraction
* Volume dry-up
* Right-side price tightness
The VCP Score ranges from **0 to 100**.
Higher scores indicate a tighter and potentially more constructive setup.
### 3. Pivot Detection
The indicator automatically calculates an active pivot using the highest price of the previous configurable lookback period.
The current bar is excluded from the pivot calculation.
The dashboard also displays the percentage distance between the current price and the active pivot.
### 4. Setup Classification
The system classifies each stock into five possible states:
**BREAKOUT**
Trend Template passed, VCP conditions satisfied, price has moved above the pivot within the permitted breakout zone, and relative volume confirms the move.
**READY**
Trend Template passed, VCP conditions satisfied, and price is approaching the pivot from below.
**DEVELOPING**
The stock is in a valid Stage 2 trend, but the setup has not yet reached READY or BREAKOUT conditions.
**EXTENDED**
The stock has moved too far above the active pivot and may no longer offer an attractive entry point according to the configured maximum chase distance.
**SKIP**
The stock does not currently meet the required Stage 2 trend conditions.
Signal Codes:
* `0 = SKIP`
* `1 = DEVELOPING`
* `2 = READY`
* `3 = BREAKOUT`
* `4 = EXTENDED`
### 5. SEPA Score
The indicator calculates a composite **SEPA Score from 0–100** using:
* Trend Template — 30 points
* VCP characteristics — 30 points
* Volume characteristics — 15 points
* Pivot positioning — 15 points
* Breakout confirmation — 10 points
The score is intended as a ranking and screening tool rather than a standalone buy or sell signal.
### 6. Volume Analysis
The system evaluates both:
**Volume Dry-Up**
and
**Relative Volume (RVOL)**
Low relative volume during consolidation can help identify contraction, while expanding relative volume is used as confirmation during potential breakouts.
### 7. Daily RSI
Daily RSI is displayed for additional momentum context.
**Important:** RSI is informational only.
RSI is **not included in the Stage 2 Trend Template** and is **not included in the SEPA Score**.
### 8. Visual Dashboard
The on-chart dashboard provides a compact overview of:
* Current Status
* SEPA Score
* Trend Template Score
* VCP Score
* Daily RSI
* Active Pivot
* Distance to Pivot
* RVOL
* Base Depth
* Volume Dry-Up
* Range Contraction
* ATR Contraction
* Distance from 52-Week High
* Suggested Action
### 9. TradingView Pine Screener Support
The script exposes several numerical outputs that can be used as columns or filters within TradingView Pine Screener, including:
* SEPA Score
* Trend Template Score
* VCP Score
* Daily RSI
* Pivot Distance %
* RVOL
* Signal Code
* Base Depth %
* Volume10 / Volume50
* Trend Template PASS
For screening purposes, the **Daily timeframe (1D)** is recommended.
## Suggested Interpretation
Rather than treating the indicator as an automatic trading system, it can be used as a workflow:
**Market Universe → Stage 2 Trend → VCP → READY → BREAKOUT → Risk Management**
Stocks classified as READY may deserve closer monitoring around their pivot.
BREAKOUT indicates that the configured breakout and volume conditions have been satisfied.
EXTENDED is intended to warn against chasing a stock that has already moved significantly beyond its pivot.
## Important Notes
This indicator uses quantitative approximations of technical concepts such as VCP and SEPA.
Pattern recognition in financial markets is inherently subjective, and no numerical model can perfectly reproduce discretionary chart reading.
The tool should therefore be used as a **screening, ranking, and decision-support system**, not as a replacement for independent analysis.
Users are encouraged to evaluate:
* Overall market conditions
* Liquidity
* Fundamental quality
* Earnings growth
* Relative strength
* Risk/reward
* Position sizing
* Stop-loss strategy
before making any trading decision.
## Disclaimer
This script is provided for educational, research, and technical-analysis purposes only.
It does not constitute investment advice, financial advice, or a recommendation to buy or sell any security.
Past performance and historical technical patterns do not guarantee future results.
Users are solely responsible for their own trading and investment decisions.
---
**Developed by Dr.Kor Endo**
*Quantitative SEPA / Stage 2 / VCP Screening & Decision Support*
**Developed by Dr.Kor Endo**
Dr.Oat SEPA Command Center V2 is a technical analysis and stock-screening tool inspired by the principles of SEPA (Specific Entry Point Analysis), Stage 2 trend analysis, and volatility contraction concepts.
The indicator is designed to help traders identify stocks that are showing strong trend characteristics, constructive price contraction, proximity to a potential pivot, and breakout confirmation with volume expansion.
## Main Features
### 1. Stage 2 Trend Template
The script evaluates seven technical conditions using:
* SMA 50
* SMA 150
* SMA 200
* SMA 200 rising trend
* Distance above the 52-week low
* Proximity to the 52-week high
* Price position relative to SMA 50
A stock passing all seven conditions is considered to have passed the Stage 2 Trend Template.
### 2. Quantitative VCP Engine
The VCP Score is a quantitative proxy designed to identify characteristics associated with volatility contraction.
The score evaluates:
* Base depth
* Short-term range contraction
* Medium-term range contraction
* ATR contraction
* Volume dry-up
* Right-side price tightness
The VCP Score ranges from **0 to 100**.
Higher scores indicate a tighter and potentially more constructive setup.
### 3. Pivot Detection
The indicator automatically calculates an active pivot using the highest price of the previous configurable lookback period.
The current bar is excluded from the pivot calculation.
The dashboard also displays the percentage distance between the current price and the active pivot.
### 4. Setup Classification
The system classifies each stock into five possible states:
**BREAKOUT**
Trend Template passed, VCP conditions satisfied, price has moved above the pivot within the permitted breakout zone, and relative volume confirms the move.
**READY**
Trend Template passed, VCP conditions satisfied, and price is approaching the pivot from below.
**DEVELOPING**
The stock is in a valid Stage 2 trend, but the setup has not yet reached READY or BREAKOUT conditions.
**EXTENDED**
The stock has moved too far above the active pivot and may no longer offer an attractive entry point according to the configured maximum chase distance.
**SKIP**
The stock does not currently meet the required Stage 2 trend conditions.
Signal Codes:
* `0 = SKIP`
* `1 = DEVELOPING`
* `2 = READY`
* `3 = BREAKOUT`
* `4 = EXTENDED`
### 5. SEPA Score
The indicator calculates a composite **SEPA Score from 0–100** using:
* Trend Template — 30 points
* VCP characteristics — 30 points
* Volume characteristics — 15 points
* Pivot positioning — 15 points
* Breakout confirmation — 10 points
The score is intended as a ranking and screening tool rather than a standalone buy or sell signal.
### 6. Volume Analysis
The system evaluates both:
**Volume Dry-Up**
and
**Relative Volume (RVOL)**
Low relative volume during consolidation can help identify contraction, while expanding relative volume is used as confirmation during potential breakouts.
### 7. Daily RSI
Daily RSI is displayed for additional momentum context.
**Important:** RSI is informational only.
RSI is **not included in the Stage 2 Trend Template** and is **not included in the SEPA Score**.
### 8. Visual Dashboard
The on-chart dashboard provides a compact overview of:
* Current Status
* SEPA Score
* Trend Template Score
* VCP Score
* Daily RSI
* Active Pivot
* Distance to Pivot
* RVOL
* Base Depth
* Volume Dry-Up
* Range Contraction
* ATR Contraction
* Distance from 52-Week High
* Suggested Action
### 9. TradingView Pine Screener Support
The script exposes several numerical outputs that can be used as columns or filters within TradingView Pine Screener, including:
* SEPA Score
* Trend Template Score
* VCP Score
* Daily RSI
* Pivot Distance %
* RVOL
* Signal Code
* Base Depth %
* Volume10 / Volume50
* Trend Template PASS
For screening purposes, the **Daily timeframe (1D)** is recommended.
## Suggested Interpretation
Rather than treating the indicator as an automatic trading system, it can be used as a workflow:
**Market Universe → Stage 2 Trend → VCP → READY → BREAKOUT → Risk Management**
Stocks classified as READY may deserve closer monitoring around their pivot.
BREAKOUT indicates that the configured breakout and volume conditions have been satisfied.
EXTENDED is intended to warn against chasing a stock that has already moved significantly beyond its pivot.
## Important Notes
This indicator uses quantitative approximations of technical concepts such as VCP and SEPA.
Pattern recognition in financial markets is inherently subjective, and no numerical model can perfectly reproduce discretionary chart reading.
The tool should therefore be used as a **screening, ranking, and decision-support system**, not as a replacement for independent analysis.
Users are encouraged to evaluate:
* Overall market conditions
* Liquidity
* Fundamental quality
* Earnings growth
* Relative strength
* Risk/reward
* Position sizing
* Stop-loss strategy
before making any trading decision.
## Disclaimer
This script is provided for educational, research, and technical-analysis purposes only.
It does not constitute investment advice, financial advice, or a recommendation to buy or sell any security.
Past performance and historical technical patterns do not guarantee future results.
Users are solely responsible for their own trading and investment decisions.
---
**Developed by Dr.Kor Endo**
*Quantitative SEPA / Stage 2 / VCP Screening & Decision Support*
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.