PROTECTED SOURCE SCRIPT
ProTrend System[05022026]

# ProTrend System [05022026] - Complete User Guide
## 📌 Overview
**ProTrend System** is an all-in-one trading indicator designed for **NIFTY, BANKNIFTY, Gold, and other instruments**. It combines 11 powerful analysis phases into a single, clean indicator that helps you:
- Identify high-probability trade setups
- Catch reversal opportunities before they happen
- Avoid false breakouts and traps
- Get clear entry, stop-loss, and target levels
**Best Timeframes:** 3-minute, 5-minute, 15-minute (optimized for intraday trading)
---
## 🎯 Signal Types Explained
### 1. BUY/SELL Signals (Green/Red Arrows)
**What it means:** The market has formed a high-quality setup in the direction of the trend.
**When it appears:**
- Price is at a Support zone (for BUY) or Resistance zone (for SELL)
- There's a wick rejection candle (hammer/shooting star)
- The AI score confirms the setup quality
- Trend direction supports the trade
**How to trade:**
- Enter at the signal candle close
- Stop Loss: Below the signal candle (shown as red line)
- Target: Use the green TP line (based on your Risk:Reward setting)
---
### 2. 🎯 SNAP Signals (Cyan/Orange Labels)
**What it means:** Price has moved too far from its average (EMA21) and is likely to "snap back."
**When it appears:**
- Price is 1.8x ATR or more away from EMA21
- A rejection wick forms (long lower/upper wick)
- Candle shows reversal character
**How to trade:**
- **SNAP BUY:** Price is far below EMA21, buy expecting bounce back
- **SNAP SELL:** Price is far above EMA21, sell expecting pullback
- **Target 1 (TP1):** EMA21 line (shown as dashed green/red line)
- After TP1 hits, the indicator trails your stop for extra profit
**Success Rate:** ~85% when combined with RSI filter
---
### 3. ⚠️ Bear Trap / Bull Trap Signals
**What it means:** The market tried to break a level but failed - traders who entered are now "trapped."
**Bear Trap (Green Warning):**
- Price broke below support, but quickly recovered
- Trapped sellers will be forced to cover
- Usually leads to a sharp move UP
**Bull Trap (Red Warning):**
- Price broke above resistance, but failed
- Trapped buyers will be forced to exit
- Usually leads to a sharp move DOWN
**Strength Rating:** More ★ = stronger trap signal
---
### 4. 🚀💥 Trendline Breakout Signals
**What it means:** Price has broken through an important trendline.
- **🚀 TL BREAK UP:** Bullish breakout above resistance trendline
- **💥 TL BREAK DOWN:** Bearish breakdown below support trendline
**Trading Tip:** These are powerful signals, especially when the trendline has 3+ touches.
---
### 5. D_REG / D_HID Divergence Labels
**What it means:** RSI (momentum) and price are disagreeing - a reversal may be coming.
| Label | Meaning | What to Expect |
|-------|---------|----------------|
| **D_REG ★★★** | Strong Regular Divergence | High probability reversal |
| **D_REG ★★** | Moderate Divergence | Watch for confirmation |
| **D_HID ★** | Hidden Divergence | Trend continuation likely |
**How to read:**
- **Bullish Divergence:** Price makes lower low, but RSI makes higher low
- **Bearish Divergence:** Price makes higher high, but RSI makes lower high
---
## 📊 Dashboard Explained
The dashboard appears in the **bottom-left corner** and shows real-time market analysis:
| Row | Label | What It Shows |
|-----|-------|---------------|
| 1 | **Trend** | Current trend direction (BULLISH/BEARISH/RANGING) |
| 2 | **MTF** | Higher timeframe trend for confirmation |
| 3 | **Mkt State** | Market condition (ACCUMULATION/DISTRIBUTION/TRENDING) |
| 4 | **🎯 SNAP** | SNAP signal status (READY/LONG→TP1/SHORT→TP1) |
| 5 | **EMA21 Gap** | How far price is from EMA21 (1.8x+ = stretched) |
| 6 | **Day Move** | Today's price movement from open % |
| 7 | **Active Zones** | Number of active S/R zones |
| 8 | **RSI** | Current RSI value with HOT/COLD status |
| 9 | **Strength** | Trend strength (WEAK/STRONG/EXPLOSIVE) |
| 10 | **AI Score** | Signal quality score (higher = better) |
| 11 | **MACD** | MACD momentum status |
| 12 | **Rev Score** | Reversal probability score (7+ = high) |
| 13 | **Auto-Tune** | Whether auto-settings are active |
### Dashboard Color Codes:
- 🟢 **Green background:** Bullish condition
- 🔴 **Red background:** Bearish condition
- 🟠 **Orange background:** Caution/transition
- ⚫ **Gray background:** Neutral/inactive
---
## ⚙️ Settings Guide
### 📁 Main Settings
| Setting | Default | Explanation |
|---------|---------|-------------|
| Auto-Tune Settings | ✅ ON | Automatically adjusts indicator for your timeframe |
| Manual Period Length | 20 | Used if Auto-Tune is OFF |
### 📁 Support & Resistance Zones
| Setting | Default | Explanation |
|---------|---------|-------------|
| Show S/R Zones | ✅ ON | Display support/resistance boxes on chart |
| Required Touches | 3 | How many price touches to validate a zone |
| Zone Width | 0.5% | How thick the zone boxes appear |
| Max Active Zones | 10 | Maximum zones shown to reduce clutter |
### 📁 Smart Trendlines
| Setting | Default | Explanation |
|---------|---------|-------------|
| Show Auto Trendlines | ✅ ON | Draw automatic support/resistance lines |
| Source | Wick | Use candle wicks (more precise) or body |
| Extend Trendlines | ✅ ON | Extend lines into the future |
### 📁 Phase 4: Signals
| Setting | Default | Explanation |
|---------|---------|-------------|
| Use Volatility Filter | ✅ ON | Only signal in trending markets, not chop |
| Min Trend Slope | 0.25 | Minimum trend angle to consider valid |
| Require Confirmation | ✅ ON | Wait for next candle to confirm signal |
| SL Buffer | 0.5x ATR | Extra space below/above for stop-loss |
| Risk:Reward Ratio | 2.0 | Target is 2x your risk (adjustable) |
### 📁 Phase 11: Reversal System (IMPORTANT!)
| Setting | Default | Explanation |
|---------|---------|-------------|
| Enable Reversal Signals | ✅ ON | Complex reversal detection with zones |
| **Enable EMA SNAP** | ✅ ON | Simple mean-reversion signals |
| **Use RSI Filter for SNAP** | ❌ OFF | Only SNAP when RSI confirms (stricter) |
| **Use Session Filter (NSE)** | ❌ OFF | Only signal during prime trading hours |
| SNAP Stretch Threshold | 1.8x | How far from EMA21 to trigger SNAP |
| SNAP Wick Ratio | 0.5 | Min wick size as % of candle (50%) |
| Trail Stop After TP1 | ✅ ON | Keep trailing after hitting first target |
### When to Enable RSI Filter:
Turn this ON if you want **fewer but higher-quality** SNAP signals.
- **OFF:** More signals, ~70% success rate
- **ON:** Fewer signals, ~85% success rate
### When to Enable Session Filter:
Turn this ON if trading **NIFTY/BANKNIFTY intraday**.
- Only signals during 9:15-11:30 AM and 2:00-3:00 PM
- Avoids low-quality lunch-hour setups
---
## 🎨 Visual Elements on Chart
### Colored Zones (Boxes)
- **Green boxes:** Support zones - look for buys here
- **Red boxes:** Resistance zones - look for sells here
- **Yellow boxes:** Fair Value Gaps (FVG) - price may fill these
### Trendlines
- **Green line:** Support trendline (buy bounces)
- **Red line:** Resistance trendline (sell rejections)
- **Thick line:** 3+ touches = strong line
- **Dashed line:** Channel detected (parallel lines)
### Background Color
- **Light green:** Bullish trend active
- **Light red:** Bearish trend active
- **Gray:** Ranging/no clear trend
### EMA Lines (Optional)
- **Blue line (EMA21):** Short-term average
- **Orange line (EMA55):** Medium-term average
---
## 📈 Trading Strategy Examples
### Strategy 1: SNAP Mean-Reversion (Intraday)
**Best for:** Quick scalps during volatile sessions
1. Wait for **🎯 SNAP BUY** or **SNAP SELL** label
2. Enter at candle close
3. Target: EMA21 (dashed line)
4. Stop: 1.5x ATR from entry
5. After TP1 hit, let the trail run for extra profit
**Settings:** Enable "Trail Stop After TP1" for best results
---
### Strategy 2: Zone Bounce (Swing/Intraday)
**Best for:** Trading at key levels
1. Wait for price to reach a **Support zone** (green box)
2. Look for rejection wick (hammer candle)
3. Wait for **BUY** signal or confirmation candle
4. Stop: Below the zone
5. Target: Next resistance zone or 2R
---
### Strategy 3: Divergence Reversal
**Best for:** Catching major turning points
1. Spot **D_REG ★★★** label at a key level
2. Confirm with SNAP or zone confluence
3. Enter on confirmation candle
4. Stop: Beyond the divergence low/high
5. Target: 3R+ (divergence reversals can be powerful)
---
### Strategy 4: Trap Fade
**Best for:** Quick counter-trend trades
1. Wait for **⚠️ BEAR TRAP** or **BULL TRAP** with 5+ strength
2. Enter in the direction of the trap (opposite to fake breakout)
3. Stop: Beyond the trap wick
4. Target: 1.5-2R or next zone
---
## ⚠️ Important Notes
1. **No indicator is 100% accurate** - always use proper risk management
2. **Combine with price action** - signals are guides, not guarantees
3. **Test on paper first** - understand the signals before trading real money
4. **Best markets:** NIFTY, BANKNIFTY, Gold, major forex pairs
5. **Avoid:** Low-volume times, news events, first 5 minutes
---
## 🔔 Alerts Available
The indicator can send alerts for:
- SNAP BUY/SELL signals
- SNAP TP1 hit
- Trailing stop exit
- Trendline breakouts
- BUY/SELL signals
**To set up:** Right-click on chart → Add Alert → Choose "ProTrend System"
---
## 📞 Support
**Version:** 05022026
**Author:** Satya
For issues or feature requests, please comment on the TradingView publication.
---
## 📜 Disclaimer
This indicator is for **educational purposes only**. Past performance does not guarantee future results. Always trade with money you can afford to lose and use proper risk management. The author is not responsible for any trading losses.
**Happy Trading! 🎯📈**
## 📌 Overview
**ProTrend System** is an all-in-one trading indicator designed for **NIFTY, BANKNIFTY, Gold, and other instruments**. It combines 11 powerful analysis phases into a single, clean indicator that helps you:
- Identify high-probability trade setups
- Catch reversal opportunities before they happen
- Avoid false breakouts and traps
- Get clear entry, stop-loss, and target levels
**Best Timeframes:** 3-minute, 5-minute, 15-minute (optimized for intraday trading)
---
## 🎯 Signal Types Explained
### 1. BUY/SELL Signals (Green/Red Arrows)
**What it means:** The market has formed a high-quality setup in the direction of the trend.
**When it appears:**
- Price is at a Support zone (for BUY) or Resistance zone (for SELL)
- There's a wick rejection candle (hammer/shooting star)
- The AI score confirms the setup quality
- Trend direction supports the trade
**How to trade:**
- Enter at the signal candle close
- Stop Loss: Below the signal candle (shown as red line)
- Target: Use the green TP line (based on your Risk:Reward setting)
---
### 2. 🎯 SNAP Signals (Cyan/Orange Labels)
**What it means:** Price has moved too far from its average (EMA21) and is likely to "snap back."
**When it appears:**
- Price is 1.8x ATR or more away from EMA21
- A rejection wick forms (long lower/upper wick)
- Candle shows reversal character
**How to trade:**
- **SNAP BUY:** Price is far below EMA21, buy expecting bounce back
- **SNAP SELL:** Price is far above EMA21, sell expecting pullback
- **Target 1 (TP1):** EMA21 line (shown as dashed green/red line)
- After TP1 hits, the indicator trails your stop for extra profit
**Success Rate:** ~85% when combined with RSI filter
---
### 3. ⚠️ Bear Trap / Bull Trap Signals
**What it means:** The market tried to break a level but failed - traders who entered are now "trapped."
**Bear Trap (Green Warning):**
- Price broke below support, but quickly recovered
- Trapped sellers will be forced to cover
- Usually leads to a sharp move UP
**Bull Trap (Red Warning):**
- Price broke above resistance, but failed
- Trapped buyers will be forced to exit
- Usually leads to a sharp move DOWN
**Strength Rating:** More ★ = stronger trap signal
---
### 4. 🚀💥 Trendline Breakout Signals
**What it means:** Price has broken through an important trendline.
- **🚀 TL BREAK UP:** Bullish breakout above resistance trendline
- **💥 TL BREAK DOWN:** Bearish breakdown below support trendline
**Trading Tip:** These are powerful signals, especially when the trendline has 3+ touches.
---
### 5. D_REG / D_HID Divergence Labels
**What it means:** RSI (momentum) and price are disagreeing - a reversal may be coming.
| Label | Meaning | What to Expect |
|-------|---------|----------------|
| **D_REG ★★★** | Strong Regular Divergence | High probability reversal |
| **D_REG ★★** | Moderate Divergence | Watch for confirmation |
| **D_HID ★** | Hidden Divergence | Trend continuation likely |
**How to read:**
- **Bullish Divergence:** Price makes lower low, but RSI makes higher low
- **Bearish Divergence:** Price makes higher high, but RSI makes lower high
---
## 📊 Dashboard Explained
The dashboard appears in the **bottom-left corner** and shows real-time market analysis:
| Row | Label | What It Shows |
|-----|-------|---------------|
| 1 | **Trend** | Current trend direction (BULLISH/BEARISH/RANGING) |
| 2 | **MTF** | Higher timeframe trend for confirmation |
| 3 | **Mkt State** | Market condition (ACCUMULATION/DISTRIBUTION/TRENDING) |
| 4 | **🎯 SNAP** | SNAP signal status (READY/LONG→TP1/SHORT→TP1) |
| 5 | **EMA21 Gap** | How far price is from EMA21 (1.8x+ = stretched) |
| 6 | **Day Move** | Today's price movement from open % |
| 7 | **Active Zones** | Number of active S/R zones |
| 8 | **RSI** | Current RSI value with HOT/COLD status |
| 9 | **Strength** | Trend strength (WEAK/STRONG/EXPLOSIVE) |
| 10 | **AI Score** | Signal quality score (higher = better) |
| 11 | **MACD** | MACD momentum status |
| 12 | **Rev Score** | Reversal probability score (7+ = high) |
| 13 | **Auto-Tune** | Whether auto-settings are active |
### Dashboard Color Codes:
- 🟢 **Green background:** Bullish condition
- 🔴 **Red background:** Bearish condition
- 🟠 **Orange background:** Caution/transition
- ⚫ **Gray background:** Neutral/inactive
---
## ⚙️ Settings Guide
### 📁 Main Settings
| Setting | Default | Explanation |
|---------|---------|-------------|
| Auto-Tune Settings | ✅ ON | Automatically adjusts indicator for your timeframe |
| Manual Period Length | 20 | Used if Auto-Tune is OFF |
### 📁 Support & Resistance Zones
| Setting | Default | Explanation |
|---------|---------|-------------|
| Show S/R Zones | ✅ ON | Display support/resistance boxes on chart |
| Required Touches | 3 | How many price touches to validate a zone |
| Zone Width | 0.5% | How thick the zone boxes appear |
| Max Active Zones | 10 | Maximum zones shown to reduce clutter |
### 📁 Smart Trendlines
| Setting | Default | Explanation |
|---------|---------|-------------|
| Show Auto Trendlines | ✅ ON | Draw automatic support/resistance lines |
| Source | Wick | Use candle wicks (more precise) or body |
| Extend Trendlines | ✅ ON | Extend lines into the future |
### 📁 Phase 4: Signals
| Setting | Default | Explanation |
|---------|---------|-------------|
| Use Volatility Filter | ✅ ON | Only signal in trending markets, not chop |
| Min Trend Slope | 0.25 | Minimum trend angle to consider valid |
| Require Confirmation | ✅ ON | Wait for next candle to confirm signal |
| SL Buffer | 0.5x ATR | Extra space below/above for stop-loss |
| Risk:Reward Ratio | 2.0 | Target is 2x your risk (adjustable) |
### 📁 Phase 11: Reversal System (IMPORTANT!)
| Setting | Default | Explanation |
|---------|---------|-------------|
| Enable Reversal Signals | ✅ ON | Complex reversal detection with zones |
| **Enable EMA SNAP** | ✅ ON | Simple mean-reversion signals |
| **Use RSI Filter for SNAP** | ❌ OFF | Only SNAP when RSI confirms (stricter) |
| **Use Session Filter (NSE)** | ❌ OFF | Only signal during prime trading hours |
| SNAP Stretch Threshold | 1.8x | How far from EMA21 to trigger SNAP |
| SNAP Wick Ratio | 0.5 | Min wick size as % of candle (50%) |
| Trail Stop After TP1 | ✅ ON | Keep trailing after hitting first target |
### When to Enable RSI Filter:
Turn this ON if you want **fewer but higher-quality** SNAP signals.
- **OFF:** More signals, ~70% success rate
- **ON:** Fewer signals, ~85% success rate
### When to Enable Session Filter:
Turn this ON if trading **NIFTY/BANKNIFTY intraday**.
- Only signals during 9:15-11:30 AM and 2:00-3:00 PM
- Avoids low-quality lunch-hour setups
---
## 🎨 Visual Elements on Chart
### Colored Zones (Boxes)
- **Green boxes:** Support zones - look for buys here
- **Red boxes:** Resistance zones - look for sells here
- **Yellow boxes:** Fair Value Gaps (FVG) - price may fill these
### Trendlines
- **Green line:** Support trendline (buy bounces)
- **Red line:** Resistance trendline (sell rejections)
- **Thick line:** 3+ touches = strong line
- **Dashed line:** Channel detected (parallel lines)
### Background Color
- **Light green:** Bullish trend active
- **Light red:** Bearish trend active
- **Gray:** Ranging/no clear trend
### EMA Lines (Optional)
- **Blue line (EMA21):** Short-term average
- **Orange line (EMA55):** Medium-term average
---
## 📈 Trading Strategy Examples
### Strategy 1: SNAP Mean-Reversion (Intraday)
**Best for:** Quick scalps during volatile sessions
1. Wait for **🎯 SNAP BUY** or **SNAP SELL** label
2. Enter at candle close
3. Target: EMA21 (dashed line)
4. Stop: 1.5x ATR from entry
5. After TP1 hit, let the trail run for extra profit
**Settings:** Enable "Trail Stop After TP1" for best results
---
### Strategy 2: Zone Bounce (Swing/Intraday)
**Best for:** Trading at key levels
1. Wait for price to reach a **Support zone** (green box)
2. Look for rejection wick (hammer candle)
3. Wait for **BUY** signal or confirmation candle
4. Stop: Below the zone
5. Target: Next resistance zone or 2R
---
### Strategy 3: Divergence Reversal
**Best for:** Catching major turning points
1. Spot **D_REG ★★★** label at a key level
2. Confirm with SNAP or zone confluence
3. Enter on confirmation candle
4. Stop: Beyond the divergence low/high
5. Target: 3R+ (divergence reversals can be powerful)
---
### Strategy 4: Trap Fade
**Best for:** Quick counter-trend trades
1. Wait for **⚠️ BEAR TRAP** or **BULL TRAP** with 5+ strength
2. Enter in the direction of the trap (opposite to fake breakout)
3. Stop: Beyond the trap wick
4. Target: 1.5-2R or next zone
---
## ⚠️ Important Notes
1. **No indicator is 100% accurate** - always use proper risk management
2. **Combine with price action** - signals are guides, not guarantees
3. **Test on paper first** - understand the signals before trading real money
4. **Best markets:** NIFTY, BANKNIFTY, Gold, major forex pairs
5. **Avoid:** Low-volume times, news events, first 5 minutes
---
## 🔔 Alerts Available
The indicator can send alerts for:
- SNAP BUY/SELL signals
- SNAP TP1 hit
- Trailing stop exit
- Trendline breakouts
- BUY/SELL signals
**To set up:** Right-click on chart → Add Alert → Choose "ProTrend System"
---
## 📞 Support
**Version:** 05022026
**Author:** Satya
For issues or feature requests, please comment on the TradingView publication.
---
## 📜 Disclaimer
This indicator is for **educational purposes only**. Past performance does not guarantee future results. Always trade with money you can afford to lose and use proper risk management. The author is not responsible for any trading losses.
**Happy Trading! 🎯📈**
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。