TRAPPER Volume Trigger + SMAs + Buy/Sell Split

29 giu

The TRAPPER TRIGGER is a precision-based volume spike indicator designed for intraday traders, scalpers, and swing traders who rely on key volume activity to anticipate sharp market movements. It operates on volume delta logic, detecting disproportionate buying or selling activity that signifies potential market reversals or breakouts.

How It Works:

Volume Spike Logic (Delta-Based)

The script calculates a dynamic volume threshold using a moving average of historical volume data.

It identifies a delta spike by comparing current volume against this threshold—when volume exceeds it significantly, it suggests abnormal activity.

If the candle closes higher than it opens (bullish), the script registers it as a Buy Spike ⚖️.

If the candle closes lower than it opens (bearish), it marks a Sell Spike 🏁.

These are not based on the candle’s body size but the volume differential (delta) between buy/sell pressure inferred from candle direction.

Trigger Labels

Only the most recent buy/sell spike is labeled for clarity, avoiding clutter.

Labels are color-coded to match the candle body (e.g., bright green for bullish, magenta for bearish).

Label style: ⚖️ for Buy Spikes, 🏁 for Sell Spikes.

SMA Suite (Fully Customizable):

Six SMAs: 5 (yellow), 10 (blue), 20 (green), 50 (orange), 100 (red), 200 (white).

Each can be toggled and customized in the script settings for visibility and styling.

Key Benefits

Clean, minimalistic charting — focuses only on high-probability events.

Provides delta-driven insights without requiring access to full L2 order book data.

Works across any timeframe — logic recalculates and resets zones per timeframe switch.

Designed for sniper-style entries—ideal for traders who prefer minimal noise and maximum signal clarity.

Easily extendable with SR zones, AVWAP, liquidity levels, or alerts if desired in future updates.

Who It’s For

Scalpers and intraday traders looking for clean triggers.

Swing traders wanting confirmation of institutional moves.

Volume profile enthusiasts who need a trigger alert system.

Developers who want a base volume framework to build more advanced tools on.


Disclaimer
This script is provided as-is and is intended for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any security or asset.

All trading involves risk. Users should perform their own due diligence and consult with a qualified financial advisor before making any trading decisions. The author of this script assumes no liability for any losses or damages arising from the use or reliance on this tool.

By using this script, you acknowledge and agree that you are solely responsible for your own trading decisions and outcomes.

1 lug

Note di rilascio

The TRAPPER TRIGGER is a precision-based volume spike indicator designed for intraday traders, scalpers, and swing traders who rely on key volume activity to anticipate sharp market movements. It operates on volume delta logic, detecting disproportionate buying or selling activity that signifies potential market reversals or breakouts.

How It Works:

Volume Spike Logic (Delta-Based)

The script calculates a dynamic volume threshold using a moving average of historical volume data.

It identifies a delta spike by comparing current volume against this threshold—when volume exceeds it significantly, it suggests abnormal activity.

If the candle closes higher than it opens (bullish), the script registers it as a Buy Spike ⚖️.

If the candle closes lower than it opens (bearish), it marks a Sell Spike 🏁.

These are not based on the candle’s body size but the volume differential (delta) between buy/sell pressure inferred from candle direction.

Trigger Labels

Only the most recent buy/sell spike is labeled for clarity, avoiding clutter.

Labels are color-coded to match the candle body (e.g., bright green for bullish, magenta for bearish).

Label style: ⚖️ for Buy Spikes, 🏁 for Sell Spikes.

SMA Suite (Fully Customizable):

Six SMAs: 5 (yellow), 10 (blue), 20 (green), 50 (orange), 100 (red), 200 (white).

Each can be toggled and customized in the script settings for visibility and styling.

Key Benefits

Clean, minimalistic charting — focuses only on high-probability events.

Provides delta-driven insights without requiring access to full L2 order book data.

Works across any timeframe — logic recalculates and resets zones per timeframe switch.

Designed for sniper-style entries—ideal for traders who prefer minimal noise and maximum signal clarity.

Easily extendable with SR zones, AVWAP, liquidity levels, or alerts if desired in future updates.

Who It’s For

Scalpers and intraday traders looking for clean triggers.

Swing traders wanting confirmation of institutional moves.

Volume profile enthusiasts who need a trigger alert system.

Developers who want a base volume framework to build more advanced tools on.

Version 1.1 – Alert Conditions Added

This update introduces alert functionality to enhance usability:

Added alertcondition for Buy Volume Spikes

Added alertcondition for Sell Volume Spikes

You can now create TradingView alerts to be notified in real-time when a significant volume event occurs. These additions make the indicator more actionable and better suited for automated trading workflows.

Thanks for your continued support! More enhancements coming soon.




Disclaimer
This script is provided as-is and is intended for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any security or asset.

All trading involves risk. Users should perform their own due diligence and consult with a qualified financial advisor before making any trading decisions. The author of this script assumes no liability for any losses or damages arising from the use or reliance on this tool.

By using this script, you acknowledge and agree that you are solely responsible for your own trading decisions and outcomes.

3 ago

Note di rilascio

Title: Major Customization Update – Cross Alerts, SMA Ribbon Upgrades & Full SMA 5 Controls

This version introduces a massive flexibility overhaul for tactical traders who want full control over moving average behavior, cross logic, and spike alerts. Built for sniper-level execution.

What’s New in This Update:
Custom SMA Ribbon System
Users can now choose their own SMAs — up to 6 configurable lengths

Default RAMS setup (SMA 5/10/20/50/100/200) preserved, but overrideable

Full SMA 5 Customization Suite
Added matching settings from TradingView’s native “Simple Moving Average” script:

Source (e.g. close, hl2, etc.)

Offset

Smoothing type: "None", "SMA", "EMA", "SMMA (RMA)", "WMA", "VWMA"

Bollinger Band overlay (optional)

Custom SMA Cross Alerts
New built-in alert conditions:

SMA Cross Up: When your selected Fast MA crosses above your Slow MA

SMA Cross Down: When Fast MA crosses below Slow MA

User-controlled input: Choose which MAs to track for alerting

Enhanced Volume Spike Alerting
Still includes Buy/Sell spike logic (volume × delta conditions)

Cleaner label display

Fully toggleable bar coloring and spike label visibility

How to Set Alerts
Use the TradingView alert system:

Click the alert icon (🔔)

Select the indicator

Choose your condition:

"Buy Volume Spike Alert"

"Sell Volume Spike Alert"

"Custom SMA Cross Up"

"Custom SMA Cross Down"

Customize your delivery (webhook/email/popup/etc.)

Final Notes
This update was designed to preserve the original RAMS logic, while giving users the freedom to adapt the indicator to their unique strategy or timeframe. Ideal for scalpers, swing traders, and intraday technicians alike.

Built by TRAPPER-RAMS.
Trap heavy. Trade smart.