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checklist by jaehee

Checklist by Jaehee
This indicator displays a real-time checklist label on the chart, summarizing key market conditions in a compact, actionable format. It does not produce buy/sell signals but instead functions as a **decision support tool** for active traders.
### Included Metrics
- ADX Value: Current trend strength based on ADX(14)
- EMA Structure: Detects trend alignment across 5 key EMAs (5, 20, 60, 120, 240)
→ Output: `Uptrend`, `Downtrend`, or `Mixed`
- Volatility Condition: Measures current ATR(14) vs 20-period average ATR
→ Output: `High`, `Normal`, or `Low`
- Volume Analysis: Compares current volume to 20-bar average
→ Output: `High`, `Normal`, or `Low` with spike ratio
- RSI Value: Standard RSI(14) reading
- Price Zone: Where current price is relative to recent 20-bar high/low
→ Output: `Near High`, `Mid`, `Near Low`
- MACD Momentum Slope: Slope direction of MACD histogram
→ Output: `Rising`, `Falling`, or `Flat`
### Use Case
This tool is designed for traders who prefer to make manual decisions based on multiple factors. Instead of cluttering the chart with individual indicators, **all essential metrics are consolidated into a single floating label** that updates in real time.
The checklist provides a snapshot of:
- Trend direction and strength
- Volatility regime
- Relative price level
- Momentum direction
- Volume dynamics
It is particularly useful for:
- Evaluating market context before entering a trade
- Filtering out suboptimal setups
- Enhancing discretionary trading frameworks
### Notes
- No signals, no repainting
- Purely visual and informational
- Fully customizable if extended
This indicator displays a real-time checklist label on the chart, summarizing key market conditions in a compact, actionable format. It does not produce buy/sell signals but instead functions as a **decision support tool** for active traders.
### Included Metrics
- ADX Value: Current trend strength based on ADX(14)
- EMA Structure: Detects trend alignment across 5 key EMAs (5, 20, 60, 120, 240)
→ Output: `Uptrend`, `Downtrend`, or `Mixed`
- Volatility Condition: Measures current ATR(14) vs 20-period average ATR
→ Output: `High`, `Normal`, or `Low`
- Volume Analysis: Compares current volume to 20-bar average
→ Output: `High`, `Normal`, or `Low` with spike ratio
- RSI Value: Standard RSI(14) reading
- Price Zone: Where current price is relative to recent 20-bar high/low
→ Output: `Near High`, `Mid`, `Near Low`
- MACD Momentum Slope: Slope direction of MACD histogram
→ Output: `Rising`, `Falling`, or `Flat`
### Use Case
This tool is designed for traders who prefer to make manual decisions based on multiple factors. Instead of cluttering the chart with individual indicators, **all essential metrics are consolidated into a single floating label** that updates in real time.
The checklist provides a snapshot of:
- Trend direction and strength
- Volatility regime
- Relative price level
- Momentum direction
- Volume dynamics
It is particularly useful for:
- Evaluating market context before entering a trade
- Filtering out suboptimal setups
- Enhancing discretionary trading frameworks
### Notes
- No signals, no repainting
- Purely visual and informational
- Fully customizable if extended
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, özgürce ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgi burada.
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.
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, özgürce ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgi burada.
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.