OPEN-SOURCE SCRIPT
Anurag Institutional Swing Trader Pro [Robust]
nstitutional Swing Flow [Pro] is a comprehensive, multi-timeframe system designed for swing traders who want to align with "Smart Money" rather than fight against it.
Unlike standard indicators that rely solely on price crossovers, this script analyzes the underlying order flow—tracking stealth accumulation, volume anomalies, and institutional footprints—to generate high-probability swing setups.
Key Features (The "Smart Money" Logic)
1. Institutional Footprints
Stealth Accumulation/Distribution: Detects when price is held in a tight range despite high volume (a classic sign of institutions building a position).
Smart Money Divergence: Identifies when price makes a lower low but Money Flow (OBV/Accumulation-Distribution) makes a higher high.
Fair Value Gaps (FVG): Automatically plots Bullish and Bearish imbalance zones where price is likely to retrace before continuing the trend.
2. Safety First (Risk Management)
Real Earnings Detection: Automatically checks upcoming earnings dates. If an earnings report is within 5 days (adjustable), the script blocks new signals to prevent gambling on binary events.
Visual Exits: Plots dynamic Stop Loss and Take Profit levels on the chart the moment a trade is taken, along with "SL Hit" or "TP Hit" markers for visual backtesting.
3. The "Confluence Score" Dashboard A sophisticated dashboard in the top-right corner rates every setup on a scale of 0 to 100 based on:
Multi-Timeframe Trend: Is the Weekly, Daily, and 4H trend aligned?
Relative Strength: Is the asset outperforming the SPY benchmark?
Volatility: Is the asset in a "Squeeze" (Bollinger Band compression)?
Momentum: RSI, MACD, and CMF confirmation.
Only setups with a score > 65 (adjustable) trigger a BUY or SELL signal.
How to Use
Timeframe: Optimized for 4-Hour (4H) and Daily (D) charts. (Avoid using on <15m charts due to multi-timeframe calculations).
The Signal: Wait for a large "CALL" or "PUT" label.
The Confirmation: Check the Dashboard. Ideally, look for a "Squeeze: YES" combined with a high Institutional Buy Score.
The Exit: Follow the Red (Stop Loss) and Green (Take Profit) lines plotted automatically.
Disclaimer
This tool is for educational purposes only. Swing trading involves risk. Always confirm signals with your own analysis and risk management rules.
Unlike standard indicators that rely solely on price crossovers, this script analyzes the underlying order flow—tracking stealth accumulation, volume anomalies, and institutional footprints—to generate high-probability swing setups.
Key Features (The "Smart Money" Logic)
1. Institutional Footprints
Stealth Accumulation/Distribution: Detects when price is held in a tight range despite high volume (a classic sign of institutions building a position).
Smart Money Divergence: Identifies when price makes a lower low but Money Flow (OBV/Accumulation-Distribution) makes a higher high.
Fair Value Gaps (FVG): Automatically plots Bullish and Bearish imbalance zones where price is likely to retrace before continuing the trend.
2. Safety First (Risk Management)
Real Earnings Detection: Automatically checks upcoming earnings dates. If an earnings report is within 5 days (adjustable), the script blocks new signals to prevent gambling on binary events.
Visual Exits: Plots dynamic Stop Loss and Take Profit levels on the chart the moment a trade is taken, along with "SL Hit" or "TP Hit" markers for visual backtesting.
3. The "Confluence Score" Dashboard A sophisticated dashboard in the top-right corner rates every setup on a scale of 0 to 100 based on:
Multi-Timeframe Trend: Is the Weekly, Daily, and 4H trend aligned?
Relative Strength: Is the asset outperforming the SPY benchmark?
Volatility: Is the asset in a "Squeeze" (Bollinger Band compression)?
Momentum: RSI, MACD, and CMF confirmation.
Only setups with a score > 65 (adjustable) trigger a BUY or SELL signal.
How to Use
Timeframe: Optimized for 4-Hour (4H) and Daily (D) charts. (Avoid using on <15m charts due to multi-timeframe calculations).
The Signal: Wait for a large "CALL" or "PUT" label.
The Confirmation: Check the Dashboard. Ideally, look for a "Squeeze: YES" combined with a high Institutional Buy Score.
The Exit: Follow the Red (Stop Loss) and Green (Take Profit) lines plotted automatically.
Disclaimer
This tool is for educational purposes only. Swing trading involves risk. Always confirm signals with your own analysis and risk management rules.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.