INDIVIDUAL ASSET BIAS DASHBOARD V3

Strategy Name: Individual Asset Bias Dashboard V3
Author Concept: Multi-timeframe 3-pivot alignment bias monitor
Timeframe: Works on any chart, but bias is calculated on daily close vs higher timeframe pivots
Core Idea (3-Pivot Rule)
For each asset we compare the current daily closing level against three classic pivots from higher timeframes:

Previous Weekly pivot: (H+L+C)/3 of last completed week
Previous Monthly pivot: (H+L+C)/3 of last completed month
Previous 3-Monthly pivot: (H+L+C)/3 of last completed quarter

Bias Logic:

BULL → Price is above all three pivots
BEAR → Price is below all three pivots
MIXED → Price is in between (no clear alignment)

This is a clean, objective, and widely used institutional method to gauge short-term momentum alignment across multiple horizons.
Assets Tracke

SymbolMeaningSPX500S&P 500 IndexVIXVolatility IndexDXYUS Dollar IndexBTCUSDBitcoinXAUUSDGoldUSOILWTI Crude OilUS10Y10-Year US Treasury YieldUSDJPYJapanese Yen pair
Key Features

Real-time updating table in the bottom-left corner
Color coding: Lime = Bullish, Red = Bearish, Gray = Mixed
Optional "Change" column showing flips (▲/▼) when bias changes day-over-day
No repainting on closed daily bars (critical for reliability)
Compliant with TradingView rules (proper lookahead usage explained below)

Important Technical Notes (Why No Repainting)

lookahead = barmerge.lookahead_on is used only for higher-timeframe historical pivots → allowed and standard practice
Current price uses lookahead = barmerge.lookahead_off → reflects actual tradable daily close
Table only draws on barstate.islastconfirmedhistory or barstate.islast → prevents false signals on realtime bar

Limitations & Warnings

On intraday charts, the "current bias" updates with every tick using the running daily close
Bias can flip intraday before daily bar closes
On daily or higher charts, the dashboard is 100% confirmation-based and non-repainting
This is a bias filter, not a standalone trading system