NAS Strategy [tradbie]

Hello Traders!

Introducing "NAS Strategy [tradbie]"!

NAS Strategy [tradbie] is an all-in-one NAS Strategy with several unique features.

This script is a comprehensive TradingView tool designed for session visualization, trendline analysis, fractal detection, and price-based alerts. It provides traders with customizable features to improve their technical analysis and decision-making

Features

1. Timezone Offset Settings

• Allows users to set a timezone offset for the script.
  
• Provides a floating-point input field for time zone offset in hours (e.g., 1 for CET, -5 for EST).
  
• Adjustable in steps of 0.5 hours.
  
• Includes a tooltip for instructions on usage.
  

2. Session Settings (grp1)
This section defines multiple trading sessions (e.g., Asia, London, NY Wall Street) with customizable settings:

• Session Text: Name of the session (e.g., "Asia Session").
  
• Session Time: Time range for each session (e.g., "0100-0700").
  
• Session Color: Color used for visual display.
  
• Session Show: Boolean option to toggle session visibility.
  
• Session Length: Defines session line length.
  
• Session Label Offset: Adjusts label position relative to the session.
  
• Custom Labels: Custom names for session highs and lows (e.g., "Asia Session High").
  

3. Session Alerts (grp_alerts)
Alerts can be triggered when price reaches key session levels:

• High Alert: Triggered when the price exceeds the session high.
  
• Low Alert: Triggered when the price falls below the session low.
  
• Applies to multiple sessions: Asia, London, NY Wall Street, New York, and 14 Uhr.
  

4. Session Time Adjustment Function (adjustTime)

• Adjusts session times according to the user’s timezone offset.
  
• Converts session start and end times based on the offset.
  
• Returns the adjusted time range dynamically.
  

5. Reminder Settings (grp_reminder)
Displays a customizable reminder message on the chart:

• Main Text & Subtext: Displays key messages (e.g., "Trading is Business").
  
• Text Colors & Sizes: Customization options for color and font size.
  
• Position: Defines reminder placement on the chart (e.g., top-center).
  

6. Session Variables
Stores session high and low values for calculations and alerts:

• Example Variables: s1_high, s2_low.
  
• Used to define session ranges and trigger alerts.
  

7. Alert Conditions
Alerts are triggered based on session highs and lows:

• High Alert: Activates when price reaches or exceeds session high.
  
• Low Alert: Activates when price drops below session low.
  
• Separate alert conditions for each session.
  

8. Trendline Settings
Customizable settings for trendlines:

• Uptrend/Downtrend Line Colors: Defines color scheme.
  
• Line Width: Adjusts trendline thickness.
  
• Break of Structure (BoS) Trendline Colors: Special colors for structure break trendlines.
  

9. Fractal Settings
Allows customization of fractal detection and display:

• Fractal Colors: Customizable upward and downward fractal colors.
  
• Fractal Size: Options for different sizes (e.g., tiny, small).
  
• Fractal Lookback Bars: Defines the number of past candles checked for fractals (e.g., 50 candles).
  

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Key Features

1. Trendlines and Break of Structure (BoS)

• Detects upward and downward fractals (potential trend reversals).
  
• Draws trendlines from fractals and tracks when they break.
  
• Alerts notify when a trendline is broken, signaling structural changes.
  

2. Session Boxes and Alerts

• Highlights different trading sessions (Asia, London, NY Wall Street, etc.).
  
• Draws session boxes around price action.
  
• Alerts notify users when session highs or lows are triggered.
  

3. Fractal Calculation

• Identifies fractals for technical analysis (turning points in price action).
  
• Marks fractals visually on the chart.
  

4. Reminder and Notes Display

• Displays a table with customizable reminders and trading notes.
  
• Includes checkboxes to track trading tasks and plans.
  

5. Trading Plan

• Shows a checklist of four trading plan points.
  
• Each point has a checkbox for tracking completion.
  

6. Alerts Based on Session Highs and Lows

• Alerts users of significant price movements.
  
• Customizable conditions for alerts.
  

7. Session Color and Styling

• Allows users to differentiate sessions using custom colors and labels.
  

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Possible Enhancements
1. Session Integration

• Dynamically adjust session start/end times (e.g., add countdowns or integrate real-time market data).
  

2. Trendline Updates

• Introduce conditions for auto-adjusting or deleting trendlines as price evolves.
  

3. BoS Enhancements

• Extend Break of Structure logic to include multiple levels and support/resistance zones.
  

4. Alert Customization

• Add complex conditions, combining fractals with trendline breaks for enhanced alerts.