OPEN-SOURCE SCRIPT
Aibuyzone Vector Strategy - Floating Dashboard
Vector Strategy – Floating Dashboard
The Vector Strategy is a visual trading-analysis tool designed to highlight strong directional candles that may represent impulsive moves in the market. It combines candle-structure analysis, volatility expansion, volume conditions, and trend filters into a single clear visual display.
Core Logic
Identifies candles where the body makes up a significant portion of the full bar range, suggesting strong directional intent.
Uses an ATR (Average True Range) expansion filter to confirm that the current candle’s range is larger than normal volatility.
Optionally applies a wick-imbalance requirement to favor bars showing a clear directional bias.
Can include a volume spike filter, marking candles where volume exceeds a moving average multiple.
Trend and Momentum Filters
Local trend: Defined by a fast and slow EMA pair to show short-term bias.
Higher-timeframe trend: Optionally aligns with an EMA from a higher timeframe to confirm broader momentum.
Momentum: RSI filter avoids generating signals in heavily overbought or oversold conditions.
Fair Value Gap (FVG) Option
When enabled, the script checks for a simple three-bar fair-value-gap structure in the direction of the potential signal, acting as an additional confirmation filter.
Signals and Visuals
Plots fast and slow EMAs to visualize the underlying trend.
Displays up/down shapes when qualifying vector-candle conditions occur.
Optional labels show “Vector Long” or “Vector Short” at the candle where conditions align.
Includes alert conditions for both long and short setups.
Floating Dashboard
A compact floating panel summarizes the most recent signal and market context:
Current signal state (Long / Short / Neutral)
Trend bias (Bullish / Bearish / Flat)
RSI reading
Body-to-range percentage
Volume-spike confirmation
Practical Use
This tool can assist traders in identifying strong impulsive candles aligned with a trend filter.
It is meant to complement a complete trading strategy, not to be used in isolation.
Traders may adjust thresholds such as ATR multiple, body-percentage, or RSI range based on the instrument’s volatility and personal risk tolerance.
Important Notice
This script is provided for educational and analytical purposes only.
It does not provide financial advice, recommendations, or guaranteed results.
Market conditions vary, and past performance does not ensure future outcomes.
Always test and validate any configuration in a simulated environment before live trading.
The Vector Strategy is a visual trading-analysis tool designed to highlight strong directional candles that may represent impulsive moves in the market. It combines candle-structure analysis, volatility expansion, volume conditions, and trend filters into a single clear visual display.
Core Logic
Identifies candles where the body makes up a significant portion of the full bar range, suggesting strong directional intent.
Uses an ATR (Average True Range) expansion filter to confirm that the current candle’s range is larger than normal volatility.
Optionally applies a wick-imbalance requirement to favor bars showing a clear directional bias.
Can include a volume spike filter, marking candles where volume exceeds a moving average multiple.
Trend and Momentum Filters
Local trend: Defined by a fast and slow EMA pair to show short-term bias.
Higher-timeframe trend: Optionally aligns with an EMA from a higher timeframe to confirm broader momentum.
Momentum: RSI filter avoids generating signals in heavily overbought or oversold conditions.
Fair Value Gap (FVG) Option
When enabled, the script checks for a simple three-bar fair-value-gap structure in the direction of the potential signal, acting as an additional confirmation filter.
Signals and Visuals
Plots fast and slow EMAs to visualize the underlying trend.
Displays up/down shapes when qualifying vector-candle conditions occur.
Optional labels show “Vector Long” or “Vector Short” at the candle where conditions align.
Includes alert conditions for both long and short setups.
Floating Dashboard
A compact floating panel summarizes the most recent signal and market context:
Current signal state (Long / Short / Neutral)
Trend bias (Bullish / Bearish / Flat)
RSI reading
Body-to-range percentage
Volume-spike confirmation
Practical Use
This tool can assist traders in identifying strong impulsive candles aligned with a trend filter.
It is meant to complement a complete trading strategy, not to be used in isolation.
Traders may adjust thresholds such as ATR multiple, body-percentage, or RSI range based on the instrument’s volatility and personal risk tolerance.
Important Notice
This script is provided for educational and analytical purposes only.
It does not provide financial advice, recommendations, or guaranteed results.
Market conditions vary, and past performance does not ensure future outcomes.
Always test and validate any configuration in a simulated environment before live trading.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Signup for our Indicators Aibuyzone.com
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.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Signup for our Indicators Aibuyzone.com
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.