The Road Map

The script takes a structural range from past price action and projects it forward as a set of colored horizontal lines. Each color has a defined role, and the density of each color on the chart also carries information.
Core Structural Lines (GRN, AQU, ORN, RED)
These four lines are the backbone of the indicator. Always start your analysis with them.
GRN – Upper Structure Line (Green)
Marks an important upper boundary created by strong prior price action.
Acts as major resistance while price trades below it.
When price breaks and holds above GRN, it often signals that the market is shifting into a stronger bullish phase.
You can see GRN acting as an upper cap and later being reclaimed here:
AQU – Major Resistance Line (Aqua)
Represents a higher‑tier resistance level formed after extended advances.
Often behaves like a “ceiling”: first touches tend to produce sharp reactions or consolidations.
A clean break and acceptance above AQU usually opens the door for further trend extension.
Example of AQU capping extended moves:
ORN – Primary Support / Mid‑Structure Line (Orange)
Identifies a key structural low made during a strong downward move.
Functions as primary support; bounces from ORN often start meaningful recoveries.
In the ideal configuration, ORN is the second‑lowest important line on the chart, sitting just above RED.
Examples of ORN acting as the second‑lowest structural level and catching pullbacks:
RED – Deep Support / Structural Floor (Red)
The most critical downside level in the system.
Represents the deepest structural support derived from prior extremes.
When RED is the lowest line on the chart, it defines the base of the current cycle.
Strong advances that start above RED often become major legs; losing RED usually means the entire structure is changing.
Ideal structural setup:
RED is the lowest line on the chart.
ORN (orange) is the second‑lowest line.
When you see this, the downside has already been fully explored and the structure is at its strongest. Moves that build on top of this RED/ORN base can develop into powerful, sustained trends.
Fibonacci Road Map Levels
Once the core range is defined, the indicator creates a full ladder of Fibonacci‑based levels above and below price. These levels show where moves are likely to slow down, reverse, or speed up.
Overhead Extensions – Purple, Yellow, Fuchsia
Purple lines
Early and intermediate upside extensions.
Proven behavior in this system: when price crosses above the purple lines, the bars tend to move up faster.
These breaks often mark the point where a controlled trend turns into a more impulsive leg.
Yellow lines
Classic Fibonacci extension areas.
Common zones for profit‑taking, short‑term pauses, or minor pullbacks inside a trend.
Fuchsia (magenta) lines
Outer extension targets beyond the standard Fibonacci range.
Frequently align with blow‑off type moves, exhaustion spikes, and the ends of aggressive pushes.
Retracement and Support Ladder – Lime and White
Lime lines
Internal retracement and support levels between the structural extremes.
Help you judge whether a pullback is shallow and trend‑healthy or deep and more corrective.
White lines
The most important retracement bands inside the range.
Price often reacts sharply at these levels during corrections within a larger trend.
Together, these levels form a continuous “road” that price tends to follow: stepping from one band to the next, either grinding, pausing, or accelerating.
Line Density and Importance
In this system, the variety and quantity of colors carry a specific signal:
The less colors in the lines mean the more important the lines are.
A single, isolated line in a distinct color (for example, one RED or one ORN at an extreme) is more structurally significant than a cluster of lines in the same color.
If there are many lines in the same color, they are less important than one line in one different color.
Dense groups of identical colors provide useful context, but they are secondary. The unique, solitary structural lines should dominate your decision‑making.
In practice:
Treat RED and ORN as your main structural base.
Treat GRN and AQU as main overhead structure and potential distribution or breakout zones.
Use the purple, yellow, fuchsia, lime and white levels as the detailed roadmap between those anchors.
How to Work With The Road Map
Start with structure
Check where RED and ORN sit.
Confirm whether you have the ideal pattern: RED lowest, ORN second‑lowest.
Locate GRN and AQU above price to see where major resistance and possible breakouts are.
Watch the acceleration levels
Focus on how price behaves around the purple lines.
When price breaks and holds above them, the market often shifts into a faster, more vertical phase.
Respect unique lines
A lone RED or ORN far from other clusters is a key reference for invalidation, swing entries, and long‑term bias.
Clusters of same‑colored lines are helpful, but they do not override a single, well‑placed structural line.
Use the ladder to manage trades
Lime and white bands help with scaling in/out and managing pullbacks.
Purple, yellow, and fuchsia bands provide target zones and context for how extended a move is.
GRN and AQU help decide when to de‑risk or when a breakout is gaining real traction.
For visual examples of how these behaviors play out on different markets and timeframes, you can review:
The Road Map is meant to give you a clear, structured view of where price is likely to accelerate, where it is likely to stall, and which levels truly matter in the current regime.
Disclaimer
Risk Disclosure and Terms of Use
The Road Map indicator is a technical analysis tool designed for informational and educational purposes only. Trading financial instruments—including but not limited to stocks, indices, forex, commodities, and cryptocurrencies—involves substantial risk and the potential for significant financial loss.
By using this indicator, you acknowledge and agree to the following:
Not Financial Advice: The levels, signals, and observations generated by this script DO NOT constitute investment advice, financial advice, or a recommendation to buy, sell, or hold any security. All trading decisions are the sole responsibility of the user.
No Guarantee of Accuracy: While the Road Map is based on historical price behavior and structural logic, past performance is not indicative of future results. Market conditions can change rapidly, and technical levels may be breached or ignored without warning.
User Responsibility: You are responsible for your own risk management. It is highly recommended to use this tool in conjunction with other forms of analysis and to practice in a demo environment before committing real capital.
Limitation of Liability: The author of this script shall not be held liable for any losses, damages, or expenses arising from the use or reliance upon the information provided by this indicator.
Trading involves the risk of loss. Never trade with money you cannot afford to lose.
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Instruções do autor
Aviso legal
Script sob convite
Somente usuários aprovados pelo autor podem acessar este script. Você precisará solicitar e obter permissão para usá-lo. Normalmente, essa permissão é concedida após o pagamento. Para obter mais detalhes, siga as instruções do autor abaixo ou entre em contato diretamente com abgthecoder.
A TradingView NÃO recomenda pagar ou usar um script, a menos que você confie totalmente em seu autor e entenda como ele funciona. Você também pode encontrar alternativas gratuitas e de código aberto em nossos scripts da comunidade.