PROTECTED SOURCE SCRIPT

Setra Alert by Sekolah Trading

561
🔷 How It Works
Dynamic Pair & Timeframe Detection

Auto-detects current symbol and timeframe

Applies correct pip threshold for each pair:

XAUUSD, USDJPY, GBPUSD, AUDUSD, EURUSD, BTCUSD, etc.

Timeframes: 5m, 15m, 1h

Candle Structure Filtering

Body = abs(close - open)

Wick = upper + lower shadow

Must pass wick ratio condition (≤ 30%)

Signal Conditions

Body ≥ threshold

Wick ≤ 30%

Clear bullish or bearish structure

Visual Output

🔺 Blue triangle = Bullish momentum

🔻 Red triangle = Bearish momentum

🔷 Alert System Explanation
This script provides two built-in alert conditions:

✅ Momentum Bullish
Triggers when:

Large bullish body

Wick ≤ 30%

Final 20–90 seconds of candle

Confirmed real-time (no repaint)

✅ Momentum Bearish
Same conditions applied to bearish candles

🔔 How to Set Alerts
Add alert on chart

Choose condition: Momentum Bullish or Momentum Bearish

Set frequency: Once Per Bar

Customize message, e.g.:
“Bullish momentum on XAUUSD M15”

Alerts help traders prepare entries before the candle closes.

🔷 How to Use
Load the script on a 5m, 15m, or 1h chart

Adjust pip values for your pair via input menu

Watch for triangle markers near candle close

Combine with:

Trend indicators (EMA, Supertrend)

S/R levels, breakouts, or liquidity zones

Optional volume or order flow confirmation

🔷 Why This Script is Closed-Source
This version includes protected logic developed by Sekolah Trading, including:

Dynamic pip calibration

Wick/body structural filtering

Non-repainting real-time alert logic

While the code is protected to prevent misuse, all logic and intent have been clearly explained here as required by TradingView's House Rules.

🔷 Disclaimer
This tool is meant for technical analysis and educational purposes only. It is not financial advice, and no signal is guaranteed. Always use proper risk management and confirm trades independently.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.