Trade Confidence Booster

The Smart Day Trader’s and Scalpers Secret Weapon
Stop guessing. Start trading with confidence.
The Trade Confidence Booster is a comprehensive trading system that transforms chaotic price action into crystal-clear entry and exit signals. Built for day traders and scalpers who demand a clean, rule-based indicator with structure, clarity, and consistency — without clutter. This indicator combines institutional-level analysis with simple, actionable signals.
What Makes This Different?
While others chase random breakouts and get stopped out repeatedly, Trade Confidence Booster waits for the market to show its hand through the coveted "Confidence Candle" pattern - a powerful consolidation signal that appears within clear trends and explosive moves. This isn't another repainted indicator making false promises. It's a complete trading framework that shows you:
- WHEN to enter (Confidence Candles + Entry Signals)
- Also, WHEN to trim and lock in gains (3 Customizable Trim Tiers)
- WHERE to exit (Dynamic and Customizable Trend Break Triggers)
- HOW MUCH confidence to put into the trade (Confluence Scoring System)
Key Features
- 📊 Smart Trend Detection - Multi-layered trend analysis combining price structure, momentum, and volume that also has the ability to AVOID CHOP
- 💪 Confidence Candle Technology - Identifies low-risk, high-probability entry zones
- 🎯 7-Point Confluence System - Never guess if a setup is worth taking
- 📈 Clear Entry Signals - CALL/PUT labels complete with quality scores
- 💰 Automated Profit Management - Built-in trim levels with default settings at 0.35%, 0.80%, and 1.25% that are completely customizable
- 🛡️ Adaptive Trailing Stops - Protects profits while letting winners run with adjustable buffers that compliment your trading and risk style
- 📍 Multi-Timeframe Support Levels - Hourly S/R zones visible on any timeframe
- 📐 Dynamic Fibonacci Levels - Auto-adjusting to current trend
- 🔵 Opening Range Breakout (ORB) - Visually see three (3) days of Original Ranges based on your desired timeframe (default set at 15 minutes) and easily identify a breakout in either direction
- 📊 Volume Profile with POC - See where smart money is positioned
This indicator isn’t built try and predict the market — it’s designed to help you stay aligned with structure, avoid chop, and manage trades with discipline.
- Indicator version number now shows at the top
- A bit less scrolling involved due to some cleanup
- NEW FEATURE: Apply "Trading hours" and the indicator will only print labels during those hours to help prevent overtrading or keep you on schedule.
- Confidence Candle price tolerance changed from decimal (dollar amount) to percentage, which makes it more compatible to variously valued tickers.
- Updated default settings to filter out lower quality setups. You will now see fewer signals, but the signals should be better quality. Feel free to loosen them if you think you are missing opportunities.
New & Improved
Scalp / Day Trading Style Selection
- Choose between Scalp (more responsive) and Day (more selective)
- Day style can apply additional filters and presets automatically
Chop Detection Enhancements
- Improved filtering during range-bound conditions
- Confidence candles and entries are blocked when market quality is poor
Customizable Trailing Stop Lines
- Optional visual trailing stop plotted while in a position
- Separate styling controls for Calls and Puts
Expanded Trend Break Controls
- Adjustable structure lookback
- Optional wick-based or body-based stops
- ATR-based break buffer with finer granularity
Entry Quality Filtering
- Entries can now be gated by quality score
- Helps reduce marginal or low-quality continuation attempts
Day-Style Entry Filters (Optional)
- EMA bias requirement
- ORB bias requirement (after ORB completes)
- ATR expansion confirmation
Improved Label Management
- Optional label stacking suppression to reduce chart clutter
- Trading-hours label filter for session-specific visibility
Increased Decimal Precision (Small-Cap Compatibility)
- Expanded decimal precision on plotted values to better support low-priced and small-cap tickers.
- Improves accuracy for entries, exits, trims, and levels where limited decimal places previously caused rounding issues.
Split the single Show Entry Labels toggle into:
- Show Call Labels
- Show Put Labels
Each toggle now controls both visibility and logic:
- Turning a direction OFF disables entries, labels, and alerts for that side.
- Turning it back ON recalculates history correctly.
Script su invito
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TradingView NON consiglia di acquistare o utilizzare uno script a meno che non si abbia piena fiducia nel suo autore e se ne comprenda il funzionamento. È inoltre possibile trovare alternative gratuite e open source nei nostri script della community.
Istruzioni dell'autore
Declinazione di responsabilità
Script su invito
Solo gli utenti approvati dall'autore possono accedere a questo script. È necessario richiedere e ottenere l'autorizzazione per utilizzarlo. Tale autorizzazione viene solitamente concessa dopo il pagamento. Per ulteriori dettagli, seguire le istruzioni dell'autore riportate di seguito o contattare direttamente JaXolutions.
TradingView NON consiglia di acquistare o utilizzare uno script a meno che non si abbia piena fiducia nel suo autore e se ne comprenda il funzionamento. È inoltre possibile trovare alternative gratuite e open source nei nostri script della community.