OPEN-SOURCE SCRIPT
covenant 1

Covenant 1 — Liquidity-Based Trade Boxes
Covenant 1 is a private trading indicator designed to visualize Entry, Stop Loss, and Take Profit zones directly on the chart.
Key features
• Automatic Entry / SL / TP boxes
• Boxes dynamically extend as the trade remains active
• Full historical trade visualization
• Clean, non-repainting logic
• Designed for discretionary trading and visual guidance
Notes
• This indicator is for educational and analytical purposes only
• It does not execute trades
• No financial advice is provided
Covenant 1 is a private trading indicator designed to visualize Entry, Stop Loss, and Take Profit zones directly on the chart.
Key features
• Automatic Entry / SL / TP boxes
• Boxes dynamically extend as the trade remains active
• Full historical trade visualization
• Clean, non-repainting logic
• Designed for discretionary trading and visual guidance
Notes
• This indicator is for educational and analytical purposes only
• It does not execute trades
• No financial advice is provided
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.