STP Top 10 Trade Opportunity Scanner / Screener

8月31日

STP Top 10 Trade Opportunity Scanner / Screener

The STP Top 10 Large Move Radar is a multi-symbol market scanner designed to help traders quickly identify stocks showing conditions that may support a larger-than-normal price move.

Instead of reviewing charts individually, the Radar continuously analyzes up to 20 user-selected symbols and ranks the strongest opportunities based on a proprietary scoring system. The highest-ranked symbols are displayed in an easy-to-read Top 10 table.

The system evaluates multiple technical factors, including price trend, EMA alignment, VWAP positioning, RSI, DMI/ADX, buying and selling pressure, Range Oscillator conditions, relative volume, ATR, volatility expansion, squeeze and compression conditions, breakouts and breakdowns, supply and demand proximity, Fair Value Gaps, price movement speed, and overall trend strength.

Radar Table Information

Each ranked symbol includes:

• Score: Overall opportunity score from 0–100 based on the combined technical conditions evaluated by the Radar.
• Direction: Identifies the current directional bias as BULL, BEAR, or NEUTRAL.
• Setup: Identifies conditions such as BREAKOUT, BREAKDOWN, SQZ RELEASE, COMPRESSED, AT S/D, AT FVG, NEAR BREAK, or BUILDING.
• RVOL: Measures current volume relative to average volume to identify unusually active symbols.
• ATR: Displays the previous completed daily 10-period ATR in dollars to provide context for the symbol's typical daily movement.
• ATR Used: During regular market hours, estimates how much of the symbol's daily ATR has been used so far. Before and after the regular session, the Radar identifies the applicable market session instead.
• Speed: Measures the magnitude of short-term EMA movement relative to ATR.
• T-Strength: Classifies directional trend conditions as Strong, Moderate, Weak, or None.
• Evidence: Highlights supporting technical conditions including squeeze activity, breakouts, supply/demand proximity, and Fair Value Gaps.

How Traders Can Use the Radar:

The Radar is designed primarily as an opportunity-discovery tool. A high ranking does not automatically represent a trade entry. Instead, traders can use the Top 10 list to identify which symbols deserve further chart analysis.

For example, a high-scoring bullish symbol showing elevated relative volume, a breakout or squeeze release, increasing speed, and strong trend conditions may warrant closer review for a potential bullish setup. The opposite conditions may identify potential bearish opportunities.

The Radar can be used alongside the STP Elite Prediction System or a trader's existing technical analysis process to confirm chart structure, support and resistance, risk, entry timing, and trade direction before entering a position.

Customizable Symbol List:

Users can configure up to 20 symbols, allowing the Radar to monitor a personal watchlist of stocks, ETFs, or other supported TradingView symbols. The scan timeframe is also configurable, with the default set to 5 minutes.

Dynamic Alerts:

The Radar includes a dynamic alert system for the highest-ranked opportunity. Users can set a minimum score threshold and optionally receive alerts when the leading symbol changes, its direction changes, or it crosses the configured threshold. Alerts include the symbol, direction, opportunity score, relative volume, ATR Used status, and scan timeframe.

Important:

The STP Top 10 Large Move Radar is intended to identify and rank developing technical conditions. Rankings and scores can change as new market data becomes available. A high score does not guarantee a large move and should not be considered a standalone buy or sell signal.

This indicator is intended for educational and informational purposes only and does not constitute financial advice.

9月2日

リリースノート

Modified the Table location setting to now offer Upper Center, Middle Center, and Lower Center.

Note:
This can be added below your chart or in a new pane, as shown. Also, you can change the number of visible rows in the settings to reduce the table height.

9月4日

リリースノート

Changed the settings option for the max number of symbols from 10 to 20. The default is still set to show only the top 10 symbols.

9月4日

リリースノート

Minor Updates

9月18日

リリースノート

Added the current stock price column on the chart.

6 日前

リリースノート

I added a warning message advising the TradingView user to change the default symbols in the settings. The user can also disable this message in the settings once they understand that this indicator can monitor only 20 pre-selected symbols.