OPEN-SOURCE SCRIPT

NQ 5m Alert Framework Dashboard + Trade Levels

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NQ 5m Alert Framework Dashboard + Trade Levels

This indicator is built for traders who want a cleaner way to read NQ/MNQ breakout setups on the 5-minute chart.

It combines:

• fast/slow EMA trend bias
• VWAP position
• dynamic breakout high and breakdown low levels
• early setup markers near the breakout zone
• breakout and breakdown trigger labels
• an on-chart dashboard showing market bias and projected trade levels

What it shows

• Bullish / bearish bias
• based on EMA structure and price vs VWAP
• Setup markers
• yellow “Set” markers when price is approaching a breakout or breakdown zone
• Breakout triggers
• BO for breakout up
• BD for breakdown
• Breakout levels
• green line = breakout high
• red line = breakdown low
• Dashboard
• Bias
• Setup status
• Trigger status
• EMA state
• VWAP state
• projected entry, SL, TP1, TP2, TP3

How to read it

• Set = conditions are lining up, get ready
• BO / BD = actual breakout or breakdown trigger
• background color
• green = bullish bias
• red = bearish bias

Best use case

This tool is designed for:

• NQ / MNQ traders
• 5-minute breakout traders
• intraday traders who want visual structure and quick decision support

Notes

• This is a framework, not financial advice
• projected trade levels are based on the fixed point settings in the script
• users should test and adjust stop and target distances for their own market conditions and risk tolerance

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.