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Elite Monday Range V3- Professional
Elite Monday Range V3 - Advanced Institutional Bias & Analysis
Overview
The Elite Monday Range V3 is a high-performance decision-support tool designed for traders who utilize the "Weekly Open" and "Monday's Range" as their primary benchmark for the trading week. Unlike standard range indicators, this script employs an advanced Multi-Asset Analysis Engine to determine the weekly bias with institutional-grade precision.
It doesn't just draw lines; it analyzes Previous Week's Close (PWC), Monday's Candle Structures (Price Action), and Internal Liquidity to provide a definitive "Directional Bias" and "Confidence Score."
Key Features
Smart Multi-Asset Detection: Automatically detects if you are trading Forex, Crypto, or Indices and adjusts its internal logic and strategy suggestions accordingly.
Institutional Bias Engine: Calculates a Confidence Score (from -4 to +4) based on 4 critical criteria:
Price vs. Previous Week Close: Checks if the bulls or bears are maintaining momentum from the prior week.
Monday Candle Analysis: Automatically identifies Pin Bars (Liquidity Grabs) or Strong Engulfing movements.
Price vs. Monday Midpoint (Equilibrium): The ultimate pivot point for weekly trend direction.
Price vs. Weekly Open: Tracks the "true" opening sentiment.
Liquidity Hunt Signals (Judas Swing): Visual alerts for LIQ BUY and LIQ SELL when price sweeps Monday's extremes and returns inside the range—a classic sign of institutional manipulation before a trend.
Symmetric Expansion Levels: Projects +50%, +100%, -50%, and -100% extensions of the Monday range to identify high-probability Take Profit (TP) and reversal zones.
Dynamic Professional Dashboard: A sleek, real-time table on your chart that summarizes Asset Type, Weekly Bias, Candle Info, and the Confidence Score.
Force Overlay Technology: Ensures all lines and labels remain visible and crisp on the top layer, above candles and other indicators.
How to Trade with the Elite Dashboard
Check the "Net Weekly Bias": Look for STRONG BULL or STRONG BEAR.
Verify Confidence Score: A score of 3 or 4 (or -3/-4 for shorts) indicates high-probability conditions.
Identify Entry: If the Bias is "STRONG BULL," wait for a retest of the Monday Mid (MID) or Monday High (MON H).
Confirm with Liquidity: Look for a LIQ BUY signal near the Monday Low for the highest-quality "A+ Setup."
Target: Use the Expansion Levels (+50% / +100%) as your primary targets for the week.
Technical Settings
Lookback Weeks: Choose exactly how many historical weeks to display to keep your chart clean.
Customizable Colors: Fully adjustable colors for Monday ranges and expansion projections.
Line Width: User-defined thickness for professional visual clarity.
Overview
The Elite Monday Range V3 is a high-performance decision-support tool designed for traders who utilize the "Weekly Open" and "Monday's Range" as their primary benchmark for the trading week. Unlike standard range indicators, this script employs an advanced Multi-Asset Analysis Engine to determine the weekly bias with institutional-grade precision.
It doesn't just draw lines; it analyzes Previous Week's Close (PWC), Monday's Candle Structures (Price Action), and Internal Liquidity to provide a definitive "Directional Bias" and "Confidence Score."
Key Features
Smart Multi-Asset Detection: Automatically detects if you are trading Forex, Crypto, or Indices and adjusts its internal logic and strategy suggestions accordingly.
Institutional Bias Engine: Calculates a Confidence Score (from -4 to +4) based on 4 critical criteria:
Price vs. Previous Week Close: Checks if the bulls or bears are maintaining momentum from the prior week.
Monday Candle Analysis: Automatically identifies Pin Bars (Liquidity Grabs) or Strong Engulfing movements.
Price vs. Monday Midpoint (Equilibrium): The ultimate pivot point for weekly trend direction.
Price vs. Weekly Open: Tracks the "true" opening sentiment.
Liquidity Hunt Signals (Judas Swing): Visual alerts for LIQ BUY and LIQ SELL when price sweeps Monday's extremes and returns inside the range—a classic sign of institutional manipulation before a trend.
Symmetric Expansion Levels: Projects +50%, +100%, -50%, and -100% extensions of the Monday range to identify high-probability Take Profit (TP) and reversal zones.
Dynamic Professional Dashboard: A sleek, real-time table on your chart that summarizes Asset Type, Weekly Bias, Candle Info, and the Confidence Score.
Force Overlay Technology: Ensures all lines and labels remain visible and crisp on the top layer, above candles and other indicators.
How to Trade with the Elite Dashboard
Check the "Net Weekly Bias": Look for STRONG BULL or STRONG BEAR.
Verify Confidence Score: A score of 3 or 4 (or -3/-4 for shorts) indicates high-probability conditions.
Identify Entry: If the Bias is "STRONG BULL," wait for a retest of the Monday Mid (MID) or Monday High (MON H).
Confirm with Liquidity: Look for a LIQ BUY signal near the Monday Low for the highest-quality "A+ Setup."
Target: Use the Expansion Levels (+50% / +100%) as your primary targets for the week.
Technical Settings
Lookback Weeks: Choose exactly how many historical weeks to display to keep your chart clean.
Customizable Colors: Fully adjustable colors for Monday ranges and expansion projections.
Line Width: User-defined thickness for professional visual clarity.
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オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。