OPEN-SOURCE SCRIPT
Metis Speculative Entry Engine v1
Metis Speculative Entry Engine v1 is a long-only technical approval framework designed for speculative stocks, thematic baskets, and high-volatility names where entry timing matters more than rigid valuation-based accumulation.
Unlike traditional RSI tools that rely on simple oversold/overbought readings, this engine is built around a reclaim-and-confirm model. It uses a smoothed RSI structure, an internal signal line, optional trend filters, optional weekly RSI confirmation, and optional relative volume filters to sort speculative setups into three practical states:
• EARLY — a washout reclaim or early technical improvement is emerging
• APPROVED — conditions have improved enough to justify a higher-quality speculative entry
• HIGH CONVICTION — the setup shows stronger alignment across RSI, trend, weekly strength, and volume
The goal is not to predict exact bottoms or generate automated trades. Instead, the engine is meant to function as a technical approval tool that helps determine whether a speculative name is merely oversold, beginning to repair, or showing sufficiently constructive behavior to justify action.
This makes it especially useful for:
• speculative growth baskets
• thematic portfolios
• insider-driven opportunity lists
• biotech / psychedelic / microcap watchlists
• random high-volatility names where timing discipline is critical
Core logic
The engine evaluates:
• smoothed RSI
• RSI signal line
• reclaim behavior from extreme or oversold zones
• optional trend structure using moving averages
• optional weekly RSI health
• optional relative volume confirmation
By combining these layers, the script moves beyond “RSI is low, so buy” and instead asks a more useful question:
Has this stock improved enough technically to earn entry approval?
What makes it different
This script is not intended to replace a ladder-based accumulation system for core holdings. It is designed for the part of a portfolio where names are more speculative, more volatile, and more prone to false bottoms. In that world, a structured approval model can be more useful than either pure discretionary chart reading or naive RSI oversold signals.
Best use cases
• Use EARLY as a watchlist or stalking signal
• Use APPROVED as the main speculative entry authorization
• Use HIGH CONVICTION when you want your strongest technical timing filter for speculative names
Important note
This is an analytical and decision-support tool, not an execution system. It is best used to improve entry timing, reduce impulsive buys, and create more consistency across speculative portfolio decisions.
Unlike traditional RSI tools that rely on simple oversold/overbought readings, this engine is built around a reclaim-and-confirm model. It uses a smoothed RSI structure, an internal signal line, optional trend filters, optional weekly RSI confirmation, and optional relative volume filters to sort speculative setups into three practical states:
• EARLY — a washout reclaim or early technical improvement is emerging
• APPROVED — conditions have improved enough to justify a higher-quality speculative entry
• HIGH CONVICTION — the setup shows stronger alignment across RSI, trend, weekly strength, and volume
The goal is not to predict exact bottoms or generate automated trades. Instead, the engine is meant to function as a technical approval tool that helps determine whether a speculative name is merely oversold, beginning to repair, or showing sufficiently constructive behavior to justify action.
This makes it especially useful for:
• speculative growth baskets
• thematic portfolios
• insider-driven opportunity lists
• biotech / psychedelic / microcap watchlists
• random high-volatility names where timing discipline is critical
Core logic
The engine evaluates:
• smoothed RSI
• RSI signal line
• reclaim behavior from extreme or oversold zones
• optional trend structure using moving averages
• optional weekly RSI health
• optional relative volume confirmation
By combining these layers, the script moves beyond “RSI is low, so buy” and instead asks a more useful question:
Has this stock improved enough technically to earn entry approval?
What makes it different
This script is not intended to replace a ladder-based accumulation system for core holdings. It is designed for the part of a portfolio where names are more speculative, more volatile, and more prone to false bottoms. In that world, a structured approval model can be more useful than either pure discretionary chart reading or naive RSI oversold signals.
Best use cases
• Use EARLY as a watchlist or stalking signal
• Use APPROVED as the main speculative entry authorization
• Use HIGH CONVICTION when you want your strongest technical timing filter for speculative names
Important note
This is an analytical and decision-support tool, not an execution system. It is best used to improve entry timing, reduce impulsive buys, and create more consistency across speculative portfolio decisions.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。