PROTECTED SOURCE SCRIPT
jitwealth
This indicator is built to help traders understand the next day market view clearly before the session starts. It focuses on identifying whether the market is likely to be sideways or trending, bullish or bearish, and whether the current price is in a trading zone or a non-trading zone.
What This Indicator Helps You See
Next Day Market Bias: clear bullish, bearish, or neutral view
Market Nature:
Sideways vs trending conditions
Trading Zones:
Trading zone → higher participation and better opportunity
Non-trading zone → low conviction, avoid overtrading
Key Price Levels:
Multiple support and resistance levels for structure and targets
How It Helps Traders
Improves pre-market planning
Avoids trading during low-probability zones
Builds patience and discipline by defining where to trade and where not to trade
Useful for intraday and short-term tradersUse R levels as potential resistance/targets and S levels as demand/bounce zones
Best For
Index & stock intraday trading
Pre-market planning using Next Day CPR
Identifying structure, bias, and objective targets
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.