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SimpleBias Pro

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SimpleBias PRO - Advanced Multi-Timeframe Bias Analysis System

SimpleBias PRO is an advanced multi-timeframe bias analysis system, specifically designed for professional traders who need in-depth analysis and integrated risk management. A major upgrade from the free version, it features 6 separate table systems and sophisticated trading logic.

Key Features

Multi-Table Analysis System

  • SimpleBias Table - Core bias analysis across 8 timeframes
  • Logic Table - Advanced trading logic with confluence requirements
  • EMA Table - Trend analysis with customizable EMA system
  • Time Table - Session-based timing optimization
  • Time & Price Table - Combined temporal and price analysis
  • Risk Management Table - Automated position sizing calculations


Advanced EMA Integration

  • Multiple source options: Open, Close, High, Low
  • Dynamic color modes with bullish/bearish visualization
  • EMA direction analysis (RISE/FALL/NEUTRAL)
  • Customizable periods (1-9999) with plot capability
  • Professional line width control (1-5 pixels)


Smart Time-Based Analysis

  • Optimized trading hours for different timeframes
  • New York timezone integration for global markets
  • Time status indicators with visual confirmation
  • Session-specific filtering for 15m, 5m, 1m strategies


Enhanced Trading Logic

  • Multi-timeframe confluence requirements
  • Mid-timeframe bias analysis
  • EMA direction confirmation system
  • Time-based entry filtering
  • Separate conditions for scalping (1m), day trading (5m), and swing (15m)


Professional Risk Management

  • Balance input with validation ($100 - $10,000,000)
  • Risk percentage control (0.1% - 10.0%)
  • Stop loss configuration in pips (5-5000)
  • Automatic position sizing calculations
  • Real-time risk assessment display


How It Works

Bias Calculation

The indicator determines market bias by comparing the current timeframe's open price with the previous period's open price:

  • BULLISH: Current open > Previous open
  • BEARISH: Current open < Previous open
  • NEUTRAL: Current open = Previous open


Multi-Timeframe Confluence The system requires alignment across multiple timeframes before generating signals:

15-Minute Strategy:
  • 4h, 1h, 15m bias alignment
  • 1H mid-timeframe confirmation
  • EMA direction confirmation
  • Optimal time session validation


5-Minute Strategy:
  • 1h, 15m, 5m bias alignment
  • 15M mid-timeframe confirmation
  • EMA trend validation
  • Session timing optimization


1-Minute Strategy:
  • 15m, 5m, 1m bias alignment
  • 5M mid-timeframe confirmation
  • EMA direction sync
  • Precise timing windows


Risk Management Integration Automatic position sizing based on:
  • Account balance
  • Risk percentage
  • Stop loss distance
  • Current market conditions


Advanced Customization

Theme & Display Options

  • Light/Dark mode with automatic color adaptation
  • Transparent background options
  • Individual table toggle controls
  • Position control (Top/Middle/Bottom Right)
  • Text size optimization (Tiny/Small/Normal)


Professional Color Schemes

  • Separate bias color customization
  • Dynamic EMA coloring
  • Signal color differentiation
  • Theme-adaptive interface elements


Best Practices

For Professional Day Trading

  • Use 15-minute charts with 15M strategy
  • Focus on 4H and 1H bias alignment
  • Enable EMA confirmation
  • Trade during optimal NY sessions
  • Apply 0.25-0.5% risk per trade


For Advanced Scalping

  • Use 5-minute charts with 5M strategy
  • Require 1H and 15M bias confluence
  • Monitor EMA direction changes
  • Focus on high-probability time windows
  • Use tight risk management (0.1-0.25%)


For Swing Trading

  • Use 15-minute+ charts
  • Focus on higher timeframe bias alignment
  • Allow wider stop losses
  • Use longer EMA periods
  • Apply conservative risk (0.5-1%)


Technical Specifications

  • Pine Script Version: v6
  • Performance: Multi-table system with efficient rendering
  • Compatibility: All TradingView timeframes and instruments
  • Updates: Real-time bias detection and signal generation


Important Disclaimers
This indicator is for educational and analysis purposes only. Not financial advice - always conduct your own research and risk assessment. Past performance does not guarantee future results. Proper risk management is essential for all trading activities.

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.