OPEN-SOURCE SCRIPT
Minor H1 BIAS Analyse
## 1. Purpose of the Script
The **Minor H1 BIAS Analyse** is designed to determine the short-term directional market BIAS.
It does not provide entries. Instead, it evaluates several trend, momentum, and structure conditions and classifies the market as:
Long
Short
Neutral
The script should therefore be used as a directional filter together with a separate entry strategy.
---
## 2. Structure of the Minor BIAS
The Minor BIAS is based on five components:
EMA Trend
Price vs EMA
Current Candle Direction
Previous H1 High / Low Break
Market Structure Break
Each bullish condition adds one point to the Bull Score.
Each bearish condition adds one point to the Bear Score.
The maximum possible score is:
5 Long
5 Short
---
## 3. EMA Trend
The script uses two exponential moving averages:
Fast EMA: 20
Slow EMA: 50
If the Fast EMA is above the Slow EMA:
+1 Long
If the Fast EMA is below the Slow EMA:
+1 Short
This represents the basic trend direction.
---
## 4. ATR Neutral Buffer
The script uses an optional ATR buffer around the EMAs.
Default settings:
ATR Length: 14
ATR Multiplier: 0.20
The buffer creates a neutral zone around the EMAs.
Price must move clearly above or below both EMAs before the condition becomes bullish or bearish.
This helps filter small movements and market noise.
---
## 5. Price vs EMA
For a bullish condition, price must close above both EMAs plus the ATR Buffer.
Result:
+1 Long
For a bearish condition, price must close below both EMAs minus the ATR Buffer.
Result:
+1 Short
If price remains inside the buffer area:
No Score
The dashboard displays:
Inside Buffer
---
## 6. Current Candle Direction
The script also evaluates the current candle.
Bullish Candle:
Close above Open
+1 Long
Bearish Candle:
Close below Open
+1 Short
Doji:
No Score
This adds a simple momentum component to the BIAS.
---
## 7. Previous H1 High / Low Break
The script checks whether price closes above or below the previous candle.
Close above Previous High:
+1 Long
Close below Previous Low:
+1 Short
No Break:
No Score
This filter can be enabled or disabled in the settings.
The script uses the candle close, not only the wick.
---
## 8. Market Structure
The script also analyzes the previous market structure.
Default Lookback:
5 candles
It calculates:
Structure High
Structure Low
If price closes above the Structure High:
Bullish Structure Break
+1 Long
If price closes below the Structure Low:
Bearish Structure Break
+1 Short
If neither level is broken:
Range
No Score
---
## 9. Score System
The final Minor BIAS is calculated from the Bull Score and Bear Score.
Possible Long points:
EMA Trend
Price vs EMA
Bullish Candle
Previous High Break
Bullish Structure Break
Possible Short points:
EMA Trend
Price vs EMA
Bearish Candle
Previous Low Break
Bearish Structure Break
A minimum of three points is required.
---
## 10. Minor LONG
The Minor BIAS becomes Long when:
Bull Score is at least 3
and
Bull Score is greater than Bear Score.
Example:
Bull Score: 4
Bear Score: 1
Result:
MINOR LONG
---
## 11. Minor SHORT
The Minor BIAS becomes Short when:
Bear Score is at least 3
and
Bear Score is greater than Bull Score.
Example:
Bull Score: 1
Bear Score: 4
Result:
MINOR SHORT
---
## 12. Neutral
If neither side reaches the required conditions, the BIAS remains Neutral.
Example:
Bull Score: 2
Bear Score: 2
Result:
NEUTRAL
Neutral therefore represents an unclear or mixed market situation.
---
## 13. Dashboard
The dashboard shows the current state of every component.
It contains:
BIAS
EMA Trend
Price vs EMA
H1 Candle
Previous H1 Break
Structure
ATR Buffer
It also displays the current:
Bull Score / Bear Score
Example:
4 / 1
This makes it possible to understand why the current BIAS is Long, Short, or Neutral.
---
## 14. Chart Visualization
The script can display:
Fast EMA
Slow EMA
Previous H1 High / Low
Structure High / Low
BIAS Background
BIAS Label
Dashboard
Each visualization can be enabled or disabled individually.
The calculations continue to work even when the corresponding chart elements are hidden.
---
## 15. Alerts
The script includes alerts for:
Minor H1 LONG
Minor H1 SHORT
Minor H1 NEUTRAL
These can be used to receive a TradingView notification when the directional BIAS changes.
---
## 16. Meaning for Trading
The Minor BIAS should not be treated as an entry signal.
A simple trading rule would be:
**MINOR LONG:** Prefer Long setups.
**MINOR SHORT:** Prefer Short setups.
**NEUTRAL:** Wait for clearer conditions.
The actual entry should come from a separate trading setup.
---
## 17. BIAS Strength
The score can also be used to estimate the strength of the current direction.
3 Points:
Valid directional confirmation
4 Points:
Strong confirmation
5 Points:
Very strong alignment
For example:
5 / 0 Long
represents stronger bullish confirmation than:
3 / 2 Long
even though both are classified as MINOR LONG.
---
## 18. Important Timeframe Note
The current script uses the timeframe of the active chart.
That means the calculations are only truly based on H1 when the indicator is used on a **1-hour chart**.
If the script is placed on M5 or M1, the calculations also use M5 or M1 data.
For a true H1 BIAS that remains identical on every chart, the calculations would need to use fixed 60-minute data.
---
## 19. Conclusion
The **Minor H1 BIAS Analyse** is a score-based directional filter.
It combines:
Trend
Price Position
Momentum
Previous Candle Break
Market Structure
At least three confirmations are required for a directional BIAS.
The final result is:
MINOR LONG
MINOR SHORT
NEUTRAL
Its purpose is to identify the stronger short-term market direction before a separate entry setup is considered.
++ This was only used on NQ ++
The **Minor H1 BIAS Analyse** is designed to determine the short-term directional market BIAS.
It does not provide entries. Instead, it evaluates several trend, momentum, and structure conditions and classifies the market as:
Long
Short
Neutral
The script should therefore be used as a directional filter together with a separate entry strategy.
---
## 2. Structure of the Minor BIAS
The Minor BIAS is based on five components:
EMA Trend
Price vs EMA
Current Candle Direction
Previous H1 High / Low Break
Market Structure Break
Each bullish condition adds one point to the Bull Score.
Each bearish condition adds one point to the Bear Score.
The maximum possible score is:
5 Long
5 Short
---
## 3. EMA Trend
The script uses two exponential moving averages:
Fast EMA: 20
Slow EMA: 50
If the Fast EMA is above the Slow EMA:
+1 Long
If the Fast EMA is below the Slow EMA:
+1 Short
This represents the basic trend direction.
---
## 4. ATR Neutral Buffer
The script uses an optional ATR buffer around the EMAs.
Default settings:
ATR Length: 14
ATR Multiplier: 0.20
The buffer creates a neutral zone around the EMAs.
Price must move clearly above or below both EMAs before the condition becomes bullish or bearish.
This helps filter small movements and market noise.
---
## 5. Price vs EMA
For a bullish condition, price must close above both EMAs plus the ATR Buffer.
Result:
+1 Long
For a bearish condition, price must close below both EMAs minus the ATR Buffer.
Result:
+1 Short
If price remains inside the buffer area:
No Score
The dashboard displays:
Inside Buffer
---
## 6. Current Candle Direction
The script also evaluates the current candle.
Bullish Candle:
Close above Open
+1 Long
Bearish Candle:
Close below Open
+1 Short
Doji:
No Score
This adds a simple momentum component to the BIAS.
---
## 7. Previous H1 High / Low Break
The script checks whether price closes above or below the previous candle.
Close above Previous High:
+1 Long
Close below Previous Low:
+1 Short
No Break:
No Score
This filter can be enabled or disabled in the settings.
The script uses the candle close, not only the wick.
---
## 8. Market Structure
The script also analyzes the previous market structure.
Default Lookback:
5 candles
It calculates:
Structure High
Structure Low
If price closes above the Structure High:
Bullish Structure Break
+1 Long
If price closes below the Structure Low:
Bearish Structure Break
+1 Short
If neither level is broken:
Range
No Score
---
## 9. Score System
The final Minor BIAS is calculated from the Bull Score and Bear Score.
Possible Long points:
EMA Trend
Price vs EMA
Bullish Candle
Previous High Break
Bullish Structure Break
Possible Short points:
EMA Trend
Price vs EMA
Bearish Candle
Previous Low Break
Bearish Structure Break
A minimum of three points is required.
---
## 10. Minor LONG
The Minor BIAS becomes Long when:
Bull Score is at least 3
and
Bull Score is greater than Bear Score.
Example:
Bull Score: 4
Bear Score: 1
Result:
MINOR LONG
---
## 11. Minor SHORT
The Minor BIAS becomes Short when:
Bear Score is at least 3
and
Bear Score is greater than Bull Score.
Example:
Bull Score: 1
Bear Score: 4
Result:
MINOR SHORT
---
## 12. Neutral
If neither side reaches the required conditions, the BIAS remains Neutral.
Example:
Bull Score: 2
Bear Score: 2
Result:
NEUTRAL
Neutral therefore represents an unclear or mixed market situation.
---
## 13. Dashboard
The dashboard shows the current state of every component.
It contains:
BIAS
EMA Trend
Price vs EMA
H1 Candle
Previous H1 Break
Structure
ATR Buffer
It also displays the current:
Bull Score / Bear Score
Example:
4 / 1
This makes it possible to understand why the current BIAS is Long, Short, or Neutral.
---
## 14. Chart Visualization
The script can display:
Fast EMA
Slow EMA
Previous H1 High / Low
Structure High / Low
BIAS Background
BIAS Label
Dashboard
Each visualization can be enabled or disabled individually.
The calculations continue to work even when the corresponding chart elements are hidden.
---
## 15. Alerts
The script includes alerts for:
Minor H1 LONG
Minor H1 SHORT
Minor H1 NEUTRAL
These can be used to receive a TradingView notification when the directional BIAS changes.
---
## 16. Meaning for Trading
The Minor BIAS should not be treated as an entry signal.
A simple trading rule would be:
**MINOR LONG:** Prefer Long setups.
**MINOR SHORT:** Prefer Short setups.
**NEUTRAL:** Wait for clearer conditions.
The actual entry should come from a separate trading setup.
---
## 17. BIAS Strength
The score can also be used to estimate the strength of the current direction.
3 Points:
Valid directional confirmation
4 Points:
Strong confirmation
5 Points:
Very strong alignment
For example:
5 / 0 Long
represents stronger bullish confirmation than:
3 / 2 Long
even though both are classified as MINOR LONG.
---
## 18. Important Timeframe Note
The current script uses the timeframe of the active chart.
That means the calculations are only truly based on H1 when the indicator is used on a **1-hour chart**.
If the script is placed on M5 or M1, the calculations also use M5 or M1 data.
For a true H1 BIAS that remains identical on every chart, the calculations would need to use fixed 60-minute data.
---
## 19. Conclusion
The **Minor H1 BIAS Analyse** is a score-based directional filter.
It combines:
Trend
Price Position
Momentum
Previous Candle Break
Market Structure
At least three confirmations are required for a directional BIAS.
The final result is:
MINOR LONG
MINOR SHORT
NEUTRAL
Its purpose is to identify the stronger short-term market direction before a separate entry setup is considered.
++ This was only used on NQ ++
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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。