PRO Framework

PRO Framework is here to help traders identifying interesting price areas to trade on. This indicator is absolutely not meant to give trading signals, but to filter out those who will have to be avoided when they occur into uninteresting prices.

This indicator has been designed to assist traders who want to learn the PRO Strategy, it's meant to be combined with PRO Momentum that will take care of the actual trading signal. You'll find detailed videos and a PDF tutorial as well as all the infos on the website. You'll also be able to test for free because there is no better review than getting your hands on it and see by yourself.

Features of this indicator :

• TrendChannel to help trend following.
  
• Context to help trading in range situations.
  
• Auto Fibonacci to highlight key horizontal levels.
  
• Realtime plotting (absolutely no repainting)
  

Code is available via INVITE ONLY and can be unlocked by subscription plan.
THE PRICING IS A SYMBOLIC 1€/DAY + A FREE 1 WEEK TRIAL so you'll be sure not to get caught into something you don't like ! Only something you use daily !
Subscriptions are handled by Paypal automated monthly billings. Recurrent payments that you can stop at ANY TIME. You simply go to your Paypal account to cancel when you want out, and you can sign up again when you want to be back in !
To get your access visit : http://www.pro-indicators.com

Release Notes:

Minor Update. I added the Extreme Sup & Res Lines (displaying the channel of the timeframe higher than the context).
> Don't ever buy above the resistance line, or sell below the support line.
> And when you're trading near one of those two, you should consider switching to the higher timeframe instead.

Release Notes:

Added an alert label when prices are trading above or below extreme channel lines. This will attract users attention when trading those dangerous levels ! The alert display will be similar to the PRO Momentum's Squeeze ;)

Release Notes:

Minor Update (v1.3) :
Corrected the Context box width for volatile assets (like cryptos). Now you should see the support boxes a lot thiner than before. This is a lot more reliable to reality now !! I should have done this a long ago !
So don't be suprised to see your crypto support boxes changing ! Changes should be barely invisible on other assets far less volatile than these nasty cryptos !

USER REQUEST ADDED :
There is now a dummy signal output available to trigger alerts on PRICE OK signals.
This output is called "Signals...". Select this output on the alert tab and use trigger condition greater than set with 0 as value for bull alerts / less than 0 for bearish ones.

Release Notes:

Bug corrected.

Release Notes:

***** MAJOR UPDATE (v1.4) *****

• Added the Sinewave Breakout algorithms into Framework with several improvements !
  Now you'll have 3 types of targets for those breakouts (range targets, stop targets, reversal targets)
  An Educational video will soon explain what this is about and how to profit from these informations.. (Please don't use the breaks before knowing what they relate to!!)
  
• Updated the multi-timeframe table (this time table will be detailed in the forthcoming updated PDF manual)
  
• Deleted the Extreme Channel line (but the EXTREME PRICE alert label remains of course)
  
• Deleted the Alert Output that was messing with chart display (I suggest you use standard outputs instead to be alerted precisely on the prices that you want (trend channel, context, ...). A specific video tutorial will be release later to help you and the PDF will also explain how to.
  

Release Notes:

Added the confirmation triangles that were previously on Sinewave BETA.
Restored the extreme channel as some users requested (option is disabled by default and need to be switched on)

Release Notes:

Minor bug corrected

Release Notes:

Minor Update : Channel algo updated to better adjust volatile reversal structures.

Release Notes:

***** MINOR UPDATE (v1.6) *****
Corrected a bug with the coloring of 50% context line.

Release Notes:

*** MINOR UPDATE (v1.7) ***
Added more options into the alert system.
New features will be described in details within the daily Youtube videos.

Release Notes:

***** MAJOR UPDATE (v1.8) *****

• Russian version of the PDF is now available from the website.
  
• Added gray triangles (signaling a potential breakout detection)
  
• The new alert system (based on each different strategy's context) is now fully functionnal.
  >> A tutorial video will be recorded on Youtube and available in the educational content playlist : www.youtube.com/playlist?list=PLivO...
  
• User requested feature added : Context MovingAverage display (optional and deactivated by default)
  >> If you want it, turn it on via the indicator's settings panel (double click on the indicator to open it), the default value is set to "1", set any other value to display the desired MA period (for exemple, if you want a 50 period MA, set the value to 50)
  

Release Notes:

Minor Update v1.9 : bug fixes and optimisation of the Alert System

Release Notes:

*** MAJOR UPDATE (v2.0) ***
Added some new filters to get better efficiency with the cycle breaks detection algo.
Optimised the Alert system that is now fully functional.
Introduced the "Range management alerts" to set after making a range entry.
This alert will take care of detecting both invalidation & validation steps of the strategy (read PDF)

Release Notes:

Minor update (v2.1)
Just a little glitch corrected

Release Notes:

*** Minor Update *** (v2.2)

• Now supporting the new second timeframes.
  
• Added an alternative context formula (bollinger bands) as users requested.
  (you can switch between PRO channels & Bollingers via the settings)
  
• Minor changes on the alert algos (I'll soon update the PDF manual about the new alert system)
  

Release Notes:

*** MAJOR UPDATE *** (v3.0)
I took me quite a while but I finally managed to make it fully compatible with the new version of Pine Script (v4) released during the summer. This should improve computation time to render on the charts. If you see any unexpected errors with this new update please let me know in Discord.
This update also inclused a totally new Alert System. You'll find a dedicated video on Youtube explaining all about this in the Education Content playlist called "FrameWork #5 : Alerts".
I also made some usual improvements/optimisations :

• Removed the Trend Breakout Signal (gray triangles). They have been replaced by horizontal lines visible on the chart when prices moves beyond breakout targets.
  
• Removed the historical "PRICE OK" output (to save some computation)
  
• Added historical display for Alerts instead (desactivated by default)
  
• Added Expert Alerts locked by a password to avoid beginners to trade difficult contexts until they are ready for it (the password will be share in discord by the moderators to whoever is experienced enough, ask then if you feel like you deserve it)
  
• Added Breakout lines (recent breakouts will be highlighted by an horizontal line for 30 bars)
  

Release Notes:

Minor Update (v3.1)
- Slight improvement in the breakout detection algorithm to remove some false signals.
(you'll pbly see no difference through your historical signals)

Release Notes:

*** Minor Update *** (v3.2)

• Another little correction after latest update to optimize filtering.
  
• Updated the "diamond" break pattern. Can now signal a volatile market context in which beginners must not trade (switch to higher timframe chart).
  

Release Notes:

*** Minor Update ***

• Added a "Composite" Mode as option for context analysis. This will add a Bollinger plot to your normal "PRO Channel" Mode (but this will remove your ability use "Show Extreme Channel" option (which is displaying the higher timeframe contexts). The 50% context output will also switch to display the 20 period MA. This setup can only be used by experienced traders.
  

Release Notes:

*** Compatibility Update (v3.4) ***
Fixed the bug from latest tradingview update.
Nothing has changed on the indicator itself.

Release Notes:

*** Minor Update *** (v3.5)
Added some new alert possibilities, you can now target every single context specifically.

Release Notes:

Small bugfix from the previous update (v3.5)

Release Notes:

Bugfix

Release Notes:

*** MAJOR UPDATE *** (v3.6)

• Added display for ZigZag (the option is deactivated by default, you can turn it on from the settings)
  
• Reforged the Alert System for easier understanding (now signals are split from Range, TrendFollowing & CounterTrend)
  
• The Diamond Range Alert (volatile range) is now re-colored to orange (to fit the color of the CONTEXT alert)
  

Release Notes:

*** Minor Update *** (v3.7)

• Added an intermediate ZigZag Line (dashed line) for more precise price following.
  
• Added a priceLine display option to show the current price level and the time remaining toward the next context update.
  
• Removed the Password protection for the more complex contexts. So please be cautious
  

Release Notes:

*** Minor Update ***

• Added option to adjust color & width of the ZigZag.
  
• Added a "PRICE SQUEEZE" detection (the algo will gray out the trendchannel background). This means volatility is too low for you to trade on this timeframe, you need to zoom out to the higher timeframe.
  

Release Notes:

*** MAJOR UPDATE *** (v3.9)

• I've added a swing detection algo that will detect context reversal bounderies and display a label with both the number of trend bars within the cycle and the % variation. This will be very helpful for you to rapidly highlight key swing points in historical data. (This option is only visible if the ZigZag display option is turned on)
  
• Corrected a bug on the Price Squeeze alert detection (coding error on my end)
  

Release Notes:

*** MINOR UPDATE *** (v4.0)

• Added the Context's 20 period Moving Average by default (it was previously optional)
  
• Added historical display of the Extreme Context (previously limited to 200 bars)
  
• Minor optimization of the algos
  

Release Notes:

*** MAJOR UPDATE *** (v5.0)
Now fully supporting the pine script V5.0.
Added support for DARK THEME (need to be switched on via the settings panel)
Fixed an Issue with the CONTEXT Alert (was showing up almost always!)
Fixed an issue with the Squeeze Alert (was bugged due to the last update)

Release Notes:

*** MINOR UPDATE *** (v5.1)

• Added support for seconds timeframes
  
• Improved the Context plotting (now appear after 4 bars (previously 6)
  
• Updated the Context detection (you may see radical changes on some assets)
  
• Corrected a bug with the squeeze pattern
  

Release Notes:

*** MAJOR UPDATE *** (v5.2)
Introducing the "Level Progression" system. When the indicator is first plotted it will ask you to choose your current level with the strategy. The indicator will then display only the relevant pieces. This is meant to make the indicator adaptive as you progress with the different contexts (range, trend, volatility).