Tap n Barrel

This indicator implements the Tap n Barrel model.
The model is fully mechanical and follows a defined sequence of steps, removing discretionary ambiguity for the trader.

Instead of reacting to events after they occur, the model identifies a future price level where an entry may be placed. Its logic is based on the 5-minute and 15-minute timeframes and incorporates liquidity concepts, fakeouts, market structure, and Fibonacci OTE levels.

Both the directional bias and the entry criteria are rule-based, and the model targets a fixed 1:3 risk-to-reward ratio. Each element of the framework is informed by data collected across multiple currency pairs, representing over 40 years of combined historical testing.

Indicator features

• Automatic market bias detection, or you can input your own
  
• Customise your entry level and RR
  
• Alerts for each stage of the model
  
• Customisable entry and take out alerts for users looking to automate placing trades