INVITE-ONLY SCRIPT
Updated

SignalViper Recon

13
Recon — Multi-Factor Market State Summary

Recon is a market state synthesis and interpretation tool designed to summarize multiple analytical dimensions into a single, readable overview. Instead of presenting raw indicator values, Recon translates trend, momentum, volume, and structure conditions into descriptive market states.

The goal of Recon is to reduce cognitive load by helping traders quickly understand what type of market they are currently in, not to provide trade signals.

Core Concepts & Logic

Recon evaluates several analytical dimensions commonly used across the SignalViper suite, including:

Trend Structure

Momentum Quality

Volume Participation

Proximity to Key Structural Levels

Each dimension is assessed independently and then combined into a contextual summary that reflects overall market conditions.

Recon does not require other indicators to be loaded on the chart. It performs its own internal evaluation using the same conceptual frameworks.

Narrative Interpretation Layer

Rather than displaying raw numbers or oscillators, Recon converts evaluated conditions into plain-language descriptions, such as:

“Directional momentum strengthening”

“Trend continuation with participation support”

“Structural resistance nearby with weakening momentum”

These descriptions are intended to convey context and risk awareness, not predictions or recommendations.

Indicator Families Used

Recon belongs to the multi-factor regime analysis and interpretation category. It incorporates elements of trend analysis, momentum evaluation, volume-aware context, and structure awareness. Familiar analytical concepts may be present, but Recon’s value lies in how these factors are synthesized and Fletcherized into readable states.

Visual Outputs Explained

Summary Table
Displays the current evaluation of each analytical dimension in one consolidated view.

Color-Coded Status Indicators
Colors are used to reflect alignment, neutrality, or conflict across factors for rapid visual scanning.

Active Warnings
Highlight conditions such as divergence, participation weakening, or structural conflict when detected.

All outputs are informational and reflect the current market state.

How to Use Recon

Recon is designed to be used as a pre-decision context tool. Traders commonly use it to:

Confirm whether market conditions align with their strategy

Identify conflicting signals before entering a trade

Avoid overconfidence during unstable or transitional regimes

It is especially useful when used alongside execution-focused tools, but it can also be used independently as a high-level market overview.

Why This Script Is Invite-Only

Recon’s value comes from how multiple analytical dimensions are evaluated, weighted, and translated into narrative summaries. This interpretation layer significantly reduces the need to mentally reconcile multiple indicators and helps traders maintain consistency during live decision-making.
Release Notes
What’s New

Font Size Selector
Users can choose between Small, Medium, and Large text sizes to improve readability across desktop and mobile devices.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.