OPEN-SOURCE SCRIPT
Silver Strike: Elite Trap Hunter & Trend Guardian
"The H1/M5 Liquidity Engine"
Master the Silver Markets with Precision Trap Detection
Trading Silver on the 5-minute timeframe requires more than just moving averages; it requires an understanding of Liquidity Traps and Session Structure. Silver Strike is an institutional-grade indicator designed to identify "Sweeps"—false breakouts of the previous hour’s highs and lows—giving you the edge to trade reversals where others get stopped out.
Key Features
H1 Structure Mapping: Automatically tracks the high, low, and midpoint of the previous hour. On a 5m chart, these are the "battleground" levels where institutional liquidity rests.
The "Sweep" Engine: Real-time visual alerts (⚔️ SWEEP) when price pierces an H1 level and immediately closes back within range. This is a classic "trap" signal for high-probability reversals.
Dual-Layer Trend Guard: Includes a built-in HUD (Heads-Up Display) that tracks the 4H Macro Trend and 1H Session Trend using EMA filters. It instantly tells you if a Long or Short is "SAFE" or "RISKY" based on higher timeframe alignment.
Smart Noise Filter: Custom candle coloring logic that "grays out" indecisive price action, highlighting only the bars that matter for your bias.
Integrated VWAP: Built-in VWAP tracking to ensure you are never trading "too far from the mean" during intraday sessions.
Why This Works
Silver is notorious for "stop hunts." By focusing on the Hourly High/Low as the primary trap zone, this script filters out the 5-minute noise and focuses on where the "smart money" is actually moving.
Best Used For:
Asset: Silver (XAGUSD / XAG), Gold (XAU), or volatile Indices.
Timeframe: 5-Minute Chart (Primary) with 1-Hour Structure.
Style: Scalping, Day Trading, and Mean Reversion.
Master the Silver Markets with Precision Trap Detection
Trading Silver on the 5-minute timeframe requires more than just moving averages; it requires an understanding of Liquidity Traps and Session Structure. Silver Strike is an institutional-grade indicator designed to identify "Sweeps"—false breakouts of the previous hour’s highs and lows—giving you the edge to trade reversals where others get stopped out.
Key Features
H1 Structure Mapping: Automatically tracks the high, low, and midpoint of the previous hour. On a 5m chart, these are the "battleground" levels where institutional liquidity rests.
The "Sweep" Engine: Real-time visual alerts (⚔️ SWEEP) when price pierces an H1 level and immediately closes back within range. This is a classic "trap" signal for high-probability reversals.
Dual-Layer Trend Guard: Includes a built-in HUD (Heads-Up Display) that tracks the 4H Macro Trend and 1H Session Trend using EMA filters. It instantly tells you if a Long or Short is "SAFE" or "RISKY" based on higher timeframe alignment.
Smart Noise Filter: Custom candle coloring logic that "grays out" indecisive price action, highlighting only the bars that matter for your bias.
Integrated VWAP: Built-in VWAP tracking to ensure you are never trading "too far from the mean" during intraday sessions.
Why This Works
Silver is notorious for "stop hunts." By focusing on the Hourly High/Low as the primary trap zone, this script filters out the 5-minute noise and focuses on where the "smart money" is actually moving.
Best Used For:
Asset: Silver (XAGUSD / XAG), Gold (XAU), or volatile Indices.
Timeframe: 5-Minute Chart (Primary) with 1-Hour Structure.
Style: Scalping, Day Trading, and Mean Reversion.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.