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Intellect TBTS V02 [Strategy]

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📌 Intellect V01 TBO – Trend Breakout Options Strategy

Intellect V01 TBO is an intraday trend-breakout strategy designed for index traders who follow Nifty, BankNifty, and FinNifty.
It identifies trend shifts using structural pivots, adaptive trendlines, and volatility-adjusted breakout zones.

The strategy provides automatic Long/Short signals, optional stop-loss and target projections, and allows users to generate alert messages that include index-option strike information.

🔍 How the Strategy Works
1. Pivot-Based Structure

The script identifies short-term high and low pivots using a user-defined period.
These pivots become anchor points for constructing directional trendlines.

2. Dynamic Trendline Projection

For each pivot, the script builds:

A projected trendline

Two offset lines above/below

A volatility band based on ATR

These help detect potential breakout zones.

3. Breakout Signal Logic

A trade signal is generated when price crosses the projected trendline:

Long Signal – detected when price breaks above a pivot-derived trendline.

Short Signal – detected when price breaks below a pivot-derived trendline.

Users may optionally restrict entries to a specific time window.

🎯 Stop-Loss & Target Zones

When a trade is active:

SL and TP levels are set using ATR-based volatility distance

Levels appear visually on the chart if enabled

Exits occur automatically when TP/SL is hit

The strategy also closes open trades near the end of the session (default 3:10 PM)

These levels are for visual and backtesting support only.

📝 Index Option Strike Calculation (For Alert Text Only)

The strategy can dynamically compute:

ATM strike (with optional bias)

Correct expiry day for Nifty (weekly) and BankNifty/FinNifty (monthly Tuesday)

CE strike for Long signals

PE strike for Short signals

This strike information is only included in alert text for users who configure external automation.
It does not affect backtesting results inside TradingView.

⏱️ Time Window Filter (Optional)

Users may define:

Start time

End time

Outside this window, no new trades are generated.

🎛️ User Adjustable Inputs

Pivot lookback period

Trendline style and extension

Display of target/stop-loss

Expiry selection mode

Strike-bias

Lot size (for alert formatting only)

Time filter settings

🔔 Alert Messages

Alerts include:

Direction (Long/Short)

Strike details

Option type (CE/PE)

Quantity

A formatted JSON message

TradingView does not execute these orders.
Users are responsible for managing external automation independently.

⚠️ Important Notes

This script does not integrate with any broker by default.

It does not place trades automatically; alerts only send text.

Backtests simulate index movement, not live option pricing.

We recommend using realistic slippage and commission settings.

✔️ This strategy is intended for educational and analytical use. Adjust settings as needed.
✅ 2. CLEAN CHART BEFORE PUBLISHING

To avoid moderator flags:

Do This Before Publishing:

✔ Remove all manual drawings
✔ Hide any other indicators on the chart
✔ Use light or clean background
✔ Keep only signals/SL/TP from your script

If you leave extra drawings, moderators may hide the script again.

✅ 3. FINAL PUBLISHING CHECKLIST

Before you click Publish, verify:

✔ Description matches the one above
✔ No broker names anywhere
✔ No "algo trading" or "automation" advertising
✔ Backtest settings are realistic

Commission enabled

Slippage > 1

Reasonable lot assumption

✔ Chart is clean
✔ Script is set to “Strategy” and compiles without warnings
Notes de version
✅ 1. FINAL TRADINGVIEW-COMPLIANT DESCRIPTION (Copy & Paste)

This version is clean, detailed, non-promotional, and fully respects TradingView’s Script Publishing Rules.

📌 Intellect V01 TBO – Trend Breakout Options Strategy

Intellect V01 TBO is an intraday trend-breakout strategy designed for index traders who follow Nifty, BankNifty, and FinNifty.
It identifies trend shifts using structural pivots, adaptive trendlines, and volatility-adjusted breakout zones.

The strategy provides automatic Long/Short signals, optional stop-loss and target projections, and allows users to generate alert messages that include index-option strike information.

🔍 How the Strategy Works
1. Pivot-Based Structure

The script identifies short-term high and low pivots using a user-defined period.
These pivots become anchor points for constructing directional trendlines.

2. Dynamic Trendline Projection

For each pivot, the script builds:

A projected trendline

Two offset lines above/below

A volatility band based on ATR

These help detect potential breakout zones.

3. Breakout Signal Logic

A trade signal is generated when price crosses the projected trendline:

Long Signal – detected when price breaks above a pivot-derived trendline.

Short Signal – detected when price breaks below a pivot-derived trendline.

Users may optionally restrict entries to a specific time window.

🎯 Stop-Loss & Target Zones

When a trade is active:

SL and TP levels are set using ATR-based volatility distance

Levels appear visually on the chart if enabled

Exits occur automatically when TP/SL is hit

The strategy also closes open trades near the end of the session (default 3:10 PM)

These levels are for visual and backtesting support only.

📝 Index Option Strike Calculation (For Alert Text Only)

The strategy can dynamically compute:

ATM strike (with optional bias)

Correct expiry day for Nifty (weekly) and BankNifty/FinNifty (monthly Tuesday)

CE strike for Long signals

PE strike for Short signals

This strike information is only included in alert text for users who configure external automation.
It does not affect backtesting results inside TradingView.

⏱️ Time Window Filter (Optional)

Users may define:

Start time

End time

Outside this window, no new trades are generated.

🎛️ User Adjustable Inputs

Pivot lookback period

Trendline style and extension

Display of target/stop-loss

Expiry selection mode

Strike-bias

Lot size (for alert formatting only)

Time filter settings

🔔 Alert Messages

Alerts include:

Direction (Long/Short)

Strike details

Option type (CE/PE)

Quantity

A formatted JSON message

TradingView does not execute these orders.
Users are responsible for managing external automation independently.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.