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.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.