INVITE-ONLY SCRIPT

TradeX Labs Price Action (FULL VARIATION)

83
TradeX Labs Price Action โ€” Multi-Layered Price Action Visualizer

The TradeX Labs Price Action script is a multi-layered charting tool designed to assist traders with visualizing market structure, liquidity events, and execution zones using a price action-based framework. This script is rooted in the principles of structural analysis, liquidity inducements, and rule-based zone generation โ€” all without the use of traditional lagging indicators.

๐Ÿง  Core Model: Price Action Mapping (Base Layer)
The base model uses a fractal-based algorithm (inspired by Bill Williamsโ€™ fractals) to identify significant swing highs and lows. These structural points form the foundation for:

-Asia session high/low detection
-Stop hunts & liquidity grabs
-Break of Structure (BOS) labeling
-Auto-generated zones based on displacement and retracement logic

Zones are dynamically created using a 50% Fibonacci retracement as the default level, without requiring manual plotting. This forms the starting point for a broader framework of trade analysis.

๐Ÿ” Risk Management Module (Optional)
When enabled, the risk management layer plots:

-Entry: Based on selected zone logic (e.g., Fibonacci midpoint)
-Stop Loss: Plotted above/below zone with customizable padding
-Take Profits: Up to 3 levels, with flexible distribution

Customizable settings include:

-Stop loss type: % or PIP-based
-Take profit type: % / PIPs / Risk-to-Reward
-Breakeven logic: Based on R:R threshold

SL/TP visualization customization (colors, extension, etc.)

This feature is designed for visual clarity and backtesting support, not for automated signal generation.

๐ŸŽฏ Entry Zone Setup
This section allows users to choose how zones are calculated and extended:

Zone Calculation Method:

-Fibonacci, POI (Point of Interest), or Both
-Extend Zones:
-Extend zones by a custom number of bars (respects chart timeframe)

Zone Frequency:

-High = wider zones (e.g., 50% Fib)
-Medium = balanced zone width
-Low = deeper zone levels (e.g., 78.6%)

Position Box Extension:

-Define how far risk/reward visuals extend to the right

This flexibility allows users to tune the aggressiveness and visibility of each entry zone setup.

๐Ÿง  Signal Refinement Filters: Inducement Logic
Users can refine setup conditions based on liquidity sweeps using inducement filters:

-Minor Inducements: Sweeps of current day/session highs or lows
-Medium Inducements: Sweeps of previous day's highs/lows
-Major Inducements: Sweeps of current and previous weekโ€™s highs/lows

These filters work independently or in combination. When enabled, they filter out zones that do not interact with key liquidity levels โ€” providing context around each printed zone.

โ˜๏ธ Trend Bias Filter (Cloud)
The optional Cloud Filter allows traders to view market bias based on a custom blend of:

-Exponential Moving Averages (EMA)
-Simple Moving Averages (SMA)

Users may:

-Choose between Cloud Type 1 (EMA) or Type 2 (SMA)
-Select a custom analysis timeframe

Choose cloud sensitivity:

-Minor: Short-term MAs
-Medium: Longer-term MAs
-Complex: Combination of both

This filter is disabled by default and is intended as a trend overlay โ€” not as a trade signal. Itโ€™s available for users seeking additional directional context.

๐Ÿ” Precision Filter (Optional)
The Precision Filter provides an additional layer of confluence using lower time frame moving average crossovers to support high time frame POIs.

Detects specific MA crossovers on a lower timeframe (multi-timeframe logic)

Highlights setups where lower TF momentum aligns with HTF structure

Select from Minor, Medium, or Extreme precision levels, adjusting how strict the crossover condition must be

This tool is optional and intended for users seeking more selectivity in setup filtering.

๐ŸŽจ Appearance Settings
All visual elements in the script are fully customizable, including:

-Buy/Sell Entry Zones
-Signal Arrows
-Break of Structure lines
-Take Profit / Stop Loss colors
-Position Reward & Risk Zones
-Inducement level lines (Minor, Medium, Major)

This ensures the indicator is compatible with any chart theme or visibility preference.

โš ๏ธ Disclaimer & Compliance Notice
This script uses original logic built around publicly known tools (e.g., Fibonacci levels, Moving Averages, Fractals) but combines them in a unique, rule-based framework focused on price action visualization.

It does not generate signals, nor does it predict market outcomes.

It is intended to assist with visual analysis and structural context for discretionary or semi-discretionary trading.

Default settings are provided for demonstration purposes only and may not suit all instruments or styles.

This script is invite-only and intended for users of the full TradeX Labs suite.

๐Ÿ› ๏ธ Authorโ€™s Instructions
To request access or learn more about how to use this tool, please contact us directly via private message or visit the link in our bio.

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.