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Execution & Risk Metrics

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ERM: Execution & Risk Metrics

Idea Credit: Special thanks to dharmeshrbhatt for inspiring the concept behind this tool.
Developed and Published by learningvitals.

A comprehensive visual tool for traders. Combines execution triggers (ATR multiples), momentum burst signals, inside bar/Narrow Range patterns, and a rich risk assessment table including MA positioning, ATR percentiles, and proximity to 52-week highs/lows.
Includes smart logic for NR7/NR4/IB detection and customizable label preferences. Ideal for spotting efficient trade entries and managing exits based on market structure and volatility.

How to Read

  • Risk Table (Bottom Right)


MA Grade: A–E rating based on price position relative to 12EMA, 26EMA, 50SMA, and 200SMA
xEMA / xSMA: Shows price distance from each moving average in ATR units
ATR%: Current volatility as % of price
LoD / Low: Distance and value of the daily low
52W Metrics: % from 52-week high/low
ATR Range: Normalized ATR position over the last 50 days
Mkt Cap: Market cap in Cr (auto-calculated if unavailable)


  • Plot Shapes (Above/Below Candles)


◆ (Diamond): Price reached user-defined ATR multiple above 26EMA
X (Cross): Price reached ATR multiple above 50SMA
🔵/🔴 Circles: 52-week Highs/Lows
🟣 Circle Below Bar: Momentum Burst — strong price/volume surge
🔻 Down Triangle: First 52W High after a recent Low
i / 4 / 7 Labels: Inside bar, NR4, NR7 — plotted below candle with configurable visibility and priority

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.