TradeX Labs PriceAction

TradeX Labs Price Action — Multi-Layered Price Action Visualizer

The TradeX Labs Price Action script is a multi-layered charting tool designed to assist traders with visualizing market structure, liquidity events, and execution zones using a price action-based framework. This script is rooted in the principles of structural analysis, liquidity inducements, and rule-based zone generation — all without the use of traditional lagging indicators.

Core Model: Price Action Mapping (Base Layer)
The base model uses a fractal-based algorithm to identify significant swing highs and lows. These structural points form the foundation for:

-Asia session high/low detection
-Stop hunts & liquidity grabs
-Break of Structure (BOS) labeling
-Auto-generated zones based on displacement and retracement logic

Zones are dynamically created using a 50% Fibonacci retracement as the default level, without requiring manual plotting. This forms the starting point for a broader framework of trade analysis.

The Visual Panel

You can Enable or Disable this Panel. This panel will help Visualize the Risk to Reward.

Entry Zone Setup
This section allows users to choose how zones are calculated, extended, and generated:

Zone Calculation Method:

-Fibonacci, POI (Point of Interest), or Both
-Extend Zones:
-Extend zones by a custom number of bars (respects chart timeframe)

Zone Frequency:

-High = wider zones (e.g., 50% Fib)
-Medium = balanced zone width (61.8% Fib)
-Low = deeper zone levels (78.6% Fib)

Position Box Extension:

-Define how far risk/reward visuals extend to the right

This flexibility allows users to tune the aggressiveness and visibility of each entry zone setup.

Signal Refinement Filters: Inducement Logic
Users can refine setup conditions based on liquidity sweeps using inducement filters:

-Minor Inducements: Sweeps of current day/session highs or lows
-Medium Inducements: Sweeps of previous day's highs/lows
-Major Inducements: Sweeps of current and previous week’s highs/lows

These filters work independently or in combination. When enabled, they filter out zones that do not interact with key liquidity levels — providing context around each printed zone.

QuickStrikes Filter
The QuickStrikes filter is an optional internal module that validates structural context by comparing Break‑of‑Structure (BOS) and entry‑zone levels against the defined Asian session high/low range.

Core Logic
For each potential setup, the script checks whether BOS and/or entry levels sit on the appropriate side of the session boundaries.

Modes

V1 (BOS Validation):

Buy: BOS above Asian session low

Sell: BOS below Asian session high

V2 (Entry Validation):

Buy: Entry level above Asian session low

Sell: Entry level below Asian session high

V3 (Combined):

Buy: Both BOS and entry above Asian session low

Sell: Both BOS and entry below Asian session high

Users may enable any single mode or multiple modes simultaneously. When more than one mode is active, all selected conditions must pass for the setup to remain visible.

Purpose
QuickStrikes helps filter out zones that do not maintain a clear structural relationship with the session range. It can be useful during tighter, range‑bound conditions. The feature is disabled by default and serves only as additional analytical confluence, not as a standalone signal or performance guarantee.

Appearance Settings
All visual elements can be customized (entry zones, arrows, Break‑of‑Structure labels, target/stop colours, risk/reward boxes, and inducement levels) so the display can be adapted to any chart theme.

Disclaimer & Compliance Notice
This closed‑source script uses original, in‑house logic that references widely known concepts (such as Fibonacci levels, moving averages, and fractal‑style swing detection) within a unified rule‑based framework. It does not generate trade signals or predict outcomes. Its sole purpose is to assist with visual analysis and structural context for discretionary or semi‑discretionary workflows. Default parameters are illustrative and may not suit every instrument or timeframe.

Access is invite‑only through TradingView’s “Request access to script” button.