OPEN-SOURCE SCRIPT
Updated Aurum
Aurum is a clean, institutional-grade system designed to capture high-probability momentum bursts. It filters noise using a multi-timeframe approach and visualizes volatility with a unique "Framed" Bollinger Cloud (150-200 deviation).
💎 Strategy Mechanics
Trend & Momentum: Trades are taken only when the fast 10/50 EMA Cross aligns with the macro 800 EMA (Red/White bias).
Volatility Cloud: A custom shaded zone highlights the outer limits of price action, helping identify overextended moves.
Mechanical Exits: The strategy automatically closes 100% of the position at 1:1 Risk/Reward (TP1) to lock in gains efficiently.
📊 Dynamic HUD & Visuals
Live Trade Flags: Entry, SL, and TP lines are dotted and anchored to the current candle, featuring solid-background labels (Yellow, Red, White) for instant readability.
Visual Runners: Projects TP2 (1.5R) and TP3 (2.0R) levels on the chart as visual guides for manual management.
Key Levels: Auto-plots yesterday's High/Low and the 200 BB Basis (Yellow) for immediate support/resistance context.
Customization: Includes a built-in "No-Trade Zone" time filter and toggles for every visual element.
Disclaimer: For educational purposes only. Trade responsibly.
💎 Strategy Mechanics
Trend & Momentum: Trades are taken only when the fast 10/50 EMA Cross aligns with the macro 800 EMA (Red/White bias).
Volatility Cloud: A custom shaded zone highlights the outer limits of price action, helping identify overextended moves.
Mechanical Exits: The strategy automatically closes 100% of the position at 1:1 Risk/Reward (TP1) to lock in gains efficiently.
📊 Dynamic HUD & Visuals
Live Trade Flags: Entry, SL, and TP lines are dotted and anchored to the current candle, featuring solid-background labels (Yellow, Red, White) for instant readability.
Visual Runners: Projects TP2 (1.5R) and TP3 (2.0R) levels on the chart as visual guides for manual management.
Key Levels: Auto-plots yesterday's High/Low and the 200 BB Basis (Yellow) for immediate support/resistance context.
Customization: Includes a built-in "No-Trade Zone" time filter and toggles for every visual element.
Disclaimer: For educational purposes only. Trade responsibly.
Release Notes
Aurum is a clean, institutional-grade system designed to capture high-probability momentum bursts. It filters noise using a multi-timeframe approach and visualizes volatility with a unique "Framed" Bollinger Cloud (150-200 deviation).💎 Strategy Mechanics
Trend & Momentum: Trades are taken only when the fast 10/50 EMA Cross aligns with the macro 800 EMA (Red/White bias).
Volatility Cloud: A custom shaded zone highlights the outer limits of price action, helping identify overextended moves.
Mechanical Exits: The strategy automatically closes 100% of the position at 1:1 Risk/Reward (TP1) to lock in gains efficiently.
📊 Dynamic HUD & Visuals
Live Trade Flags: Entry, SL, and TP lines are dotted and anchored to the current candle, featuring solid-background labels (Yellow, Red, White) for instant readability.
Visual Runners: Projects TP2 (1.5R) and TP3 (2.0R) levels on the chart as visual guides for manual management.
Key Levels: Auto-plots yesterday's High/Low and the 200 BB Basis (Yellow) for immediate support/resistance context.
Customization: Includes a built-in "No-Trade Zone" time filter and toggles for every visual element.
Disclaimer: For educational purposes only. Trade responsibly.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.