OPEN-SOURCE SCRIPT

Market Map – AK_Trades

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📌 Market Map – AK_Trades
A real-time context engine designed to enhance your entries, exits, and overall trade confidence.
Built to complement any scalping or breakout strategy — or function as a reliable standalone guide.

🧠 What It Does:
📊 Detects market structure shifts

📍 Draws clean Support/Resistance zones (non-repainting)

🟥 Displays trend background shading + trend label

🚨 Flags breakouts, reversals, and invalidations

📈 Adds a real-time confidence ribbon for quick decision-making

🧭 LEGEND
Element Description
🟩🟥 Background Color Trend direction based on 21/50 EMA (green = uptrend, red = downtrend)
🟥🟩 Dashed Lines Dynamic support (green) and resistance (red) from pivot highs/lows
🔼 BREAKOUT ↑ Triggered only if price breaks key level + 0.25 ATR and volume confirms
🔽 BREAKDOWN ↓ Triggered only on valid breakdown with volume and trend alignment
🟡 Triangle (Up/Down) Reversal Warning – candle closes against current trend & EMAs
❌ Orange X Invalidation Marker – price reversed after breakout within 2 bars
📉 Confidence Strip (Green/Red) Shows strength/weakness of each bar based on trend and EMA proximity
🔤 UPTREND / DOWNTREND Trend label shown top-right of chart

⚠️ Notes:
Use this for bias confirmation, clean visual structure, and exit management.
Best paired with a high-conviction entry signal.

❗Disclaimer:
This script is for educational purposes only. It is not financial advice. Use at your own risk. The author assumes no responsibility for any trading losses incurred.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.