Spartan
This is a momentum strategy which attempts to identify when buying pressure or selling pressure is present in the markets.
How to trade the long side:
Once a blue candle appears, enter Long on pullbacks into a blue candle for longs
Place your stop loss on the opposite side of the blue candle.
Target a previous high for longs
How to trade the short side:
Once a red candle appears, enter Short on pullbacks into a red candle for shorts
Place your stop on the opposite side of the red candle.
Target a previous low for shorts
Support and Resistance levels shown as:
- Previous Day Highs/Lows
- Previous Week Highs/Lows
- Previous Month Highs/Lows
A blue candle combined with a blue circle = High Strength Buying Pressure.
A blue candle combined with a orange circle = Medium Strength Buying Pressure.
A blue candle combined with a yellow circle = Low Strength Buying Pressure.
A red candle combined with a red circle = High Strength Selling Pressure.
A red candle combined with a orange circle = Medium Strength Selling Pressure.
A red candle combined with a yellow circle = Low Strength Selling Pressure.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact LiquidityTracker directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact LiquidityTracker directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.