SignalViper Strike

18 ore fa

Strike — Trend Structure & Transition Overlay

Strike is a trend structure and transition visualization tool designed to help traders identify sustained directional conditions and meaningful changes in trend behavior. Rather than predicting price movement, Strike focuses on displaying trend direction, momentum agreement, and volatility context directly on the chart.

The script is intended to support discretionary trend-following decisions by clarifying when directional structure is present and when conditions begin to shift.

Core Concepts & Logic

Strike evaluates trend behavior using a combination of:

Directional Structure
Identifies whether price is maintaining bullish or bearish alignment over time.

Momentum Confirmation
Highlights moments where directional movement is supported by sufficient momentum rather than short-term fluctuation.

Volatility Context
Provides awareness of expansion and contraction phases that influence trend reliability.

These elements are evaluated together to distinguish stable trends, transitions, and neutral conditions.

Indicator Families Used

Strike belongs to the trend-following and volatility-aware category of indicators. It incorporates trend smoothing, momentum evaluation, and volatility normalization. Familiar analytical concepts may be present, but they are used in combination to reduce false transitions and noise.

Visual Outputs Explained

Trend Cloud
A dynamic cloud illustrates the prevailing trend direction:

Cyan indicates bullish structural alignment

Magenta indicates bearish structural alignment

Momentum Confirmation Dots
Diamond-shaped markers appear when momentum aligns with the prevailing trend, indicating increased directional agreement.

Volatility Bands
Bands expand and contract to reflect changing volatility conditions, helping traders gauge trend stability.

Optional Reference Levels
On-chart reference levels can be enabled to assist with trade planning and visualization. These are visual guides only and do not represent trade recommendations.

Alerts

Strike provides optional alerts for:

Trend state transitions

Momentum confirmation events

Alerts notify traders of structural or contextual changes, not trade instructions.

How to Use Strike

Strike is designed as a trend-following overlay and context tool. Traders commonly use it to:

Identify periods of sustained directional structure

Wait for momentum alignment before acting

Avoid trading during unstable or low-volatility phases

It can be used independently or in combination with other tools for confirmation and execution.

Why This Script Is Invite-Only

Strike’s value comes from how trend, momentum, and volatility information are combined and visualized cohesively in a single overlay. This reduces chart clutter and helps traders interpret trend behavior more consistently than using multiple standalone indicators.

16 ore fa

Note di rilascio

What's New

- Entry signals and momentum confirmation dots now appear on all historical bars, not just recent ones. Previously limited by TradingView's 500-label cap, signals are now rendered using plotshape for unlimited historical visibility.
- New "Allow Neutral Zone (Gray)" setting lets users disable sideways/consolidation detection. When off, the cloud is always cyan (bullish) or magenta (bearish) based on price vs baseline—no gray states.
- Optimized Plot Usage Reduced internal plot count from ~33 to ~14 while maintaining visual quality. Gradient glow now uses 3 solid-color layers instead of 5 gradient fills, improving compatibility when running multiple indicators.