Chartology Strategy+

🔍 Chartology Strategy+
This tool provides a comprehensive way for users to analyze trend levels and access other Matrix features across selected tickers and timeframes. Results can be tailored by strategy, with the option to filter displayed tickers based on custom user‑defined rules.

1. Bullish & Bearish Entry Signal (Safe & Scalping).
   
2. Entry Level, SL, T-SL & Two TP Levels (Based on Possible Movement).
   
3. Dashboard Table for Easy Presentation of All Levels.
   
4. Timeframe Scanner for Current Signal (Trend) on Different Timeframes.
   
5. Gap Up & Gap Down for Untraded Price Marking.
   
6. Institutional Candles for High Volume and Big Price Movement.
   
7. Neutral Candle for Low Volume and Small Price Movement.
   
8. Supply Demand (Based on Swing High & Low).
   
9. Mega Trend Band (Based on HMA) for Overall Trend.

🟢 Bullish & Bearish Entry Signals

Shows the expected direction of the symbol. It shows Bullish and Bearish direction mark on Chart. Entry Level is Closing of the Candle.

Input Settings

• Signal Type: Safe
  Appears after a proper trend confirmation.
  Low frequency, fewer signals, but more reliable.
  Best for swing traders who want strong confirmation before entering.
  
• Signal Type: Scalping
  Appears frequently during small downward moves.
  High frequency, quick signals for short-term trades.
  Best for intraday
  Traders who want multiple opportunities in small movements.

🎯 Entry Level, SL, T-SL & TP Levels
Generated based on price movement and trend range.

Levels on Chart

• Entry Level: Closing price of the candle where the signal appears.
  
• SL (Stop Loss): Maximum risk allowed for the trade.
  
• TSL (Trailing SL): Dynamic SL to reduce risk and lock profits.
  
• Level 01: First TP level with 1:1 risk-reward ratio. Used for partial booking.
  
• Level 02: Final TP level for full exit.

Input Settings

• Levels: You can Increase or Decrease Level Amount for the Level 2.
  
• Risk: You can Increase or Decrease Stop Loss (SL).

📊 Dashboard Table for Easy Presentation of All Levels.
Displays all key levels and metrics in one place:

Metrics

• Symbol Name Shows the name of the current chart (e.g., NIFTY, BANKNIFTY).
  
• Bar Age Displays the How many candles (Bars) before Latest signal appears.
  
• Entry Shows the entry level where the latest bullish or bearish signal was generated.
  
• Level 1 (TP1) First target level, based on 1:1 risk-reward ratio. Used for partial booking to secure profits.
  
• Level 2 (TP2) Final target level where you can exit the remaining position.
  
• SL (Stop Loss) Shows the maximum risk limit for the trade. Helps you control losses.
  
• MTM (Mark to Market) Shows the difference between CMP and Entry Level. Helps track how far price has moved since entry.
  
• P&L (Profit & Loss) Shows the difference between Entry and Target Level achieved. Helps measure actual gain or loss.
  
• Date & Time Displays when the latest bullish or bearish signal was generated. Helps check how old or fresh the signal is.

Timeframe Scanner or Current Signal (Trend) on Different Timeframes. Shows the current signal across multiple timeframes.

• Row 1 Fixed signals for 1M and 3M.
  
• Row 2 Any 2 Custom Timeframes chosen in input settings.
  Traders use this to confirm signals across different timeframes before entering trades. Example If the Day trend is bullish but the 15M chart shows bearish, many traders avoid that trade.

🚦 Gap Up & Gap Down for Untraded Price Marking.
Marks untraded price zones where price may react.

Gap Up & Down Flag Mark

• Gap Up: Bullish Bias, Marked Green flag, plotted when candle opens above previous high.
  
• Gap Down: Bearish Bias, Marked as Red flag, plotted when candle opens below previous low.

Input Settings

• Enable / Disable from Chart
  
• Threshold: Minimum gap size Threshold to detect

🟡 Institutional Candles for High Volume and Big Price Movement
Indicate strong price movement with high volume.

Marking

• Displayed as Yellow Body Candles
• Helps identify zones where big players are active.

Input Settings

• Enable / Disable from Chart
  
• Body %: Compare of Open & Close with High & Low
  
• Size %: Compare Total Candle Size from Past Range
  
• Volume %: Compare Total Candle Volume from Past Range

⚪ Neutral Candle for Low Volume and Small Price Movement
Shows low volume and minimal price movement.

Marking

• Displayed as Hollow Body Candles
• Traders usually avoid trading during these candles.

Input Settings

• Enable / Disable from Chart.
  
• Candle %: Compare Size of candles.
  
• Volume %: Compare Volume of Candles from Previous Range.

🟥🟩 Supply Demand Zones (Based on Swing High & Low).
Based on swing highs and lows to identify possible reversals.

Zones

• 🟥Supply Zone: Near swing high, marked with Light Red Zone.
  
• 🟩Demand Zone: Near swing low, marked with Light Green Zone.

Input Settings:

• Bars Left: How many past Bars Swing will Calculate.
  
• Bars Right: After How many Bars, Zone will plot.
  
• Max Zones: Number of Supply or Demand Zone want to plot on Chart
  
• Delete Breaked Zones: Want to see Disappeared Zone, Uncheck it.
  
• Extend Right: Want to see till End of the Chart, Uncheck it.

📈 Mega Trend Band (Based on HMA) for Overall Trend
Based on HMA (Hull Moving Average) to show overall trend and Help in Filters out trades against the main trend.

Working

• Price above band → Bullish trend
  
• Price below band → Bearish trend

Input Setting

• Enable / Disable from Chart
  
• HMA Period Setting: 45

👓 How to Use All together for Better Confidence.

🔍Watch for the New Entry icon on the chart.

• Find New Signals with help of Automated Alerts.
  
• Check Entry Level, SL, Level 1 and Level 2 (TP2).
  
• Verify Date & Time → how fresh the signal is. Signal not too old.

🧭 Signal is not Self Sufficient for Good Accuracy. So, we suggest a few rules.

1. Cross‑Check Current Signal with Timeframe Scanner. Trade only when smaller timeframe aligns with bigger trend. (e.g., If Day = Bullish ▲ but 15M = Bearish ▼, avoid entry. Trend may not be stronger.)
2. Validate with Market Context of Gap. (e.g., If new signal came on Gap Up / Gap Down, avoid entry. Price may reverse.)
3. Zone Awareness Use Supply Demand zones to refine entries/exits and avoid false signals. (e.g., Entry: If any zone is available between Entry and Level 01, Avoid trade until Zone breaked, Exit: If Zone create between the trade, modify SL according to T-SL and wait.
4. Trend Filter of overall direction. (e.g., If Mega Trend Band Bullish and Trend is Bearish, Avoid the Trade.)

🕵🏻 Quick Checklist Before Trade

1. Bullish or Bearish signal?
   
2. Dashboard Table shows fresh entry?
   
3. SL defined and acceptable risk?
   
4. Timeframe Scanner aligned?
   
5. No Neutral candle interference?
   
6. Institutional candle or Gap supports move?
   
7. Supply/Demand zone not against trade?

✅ All Okay - Go for the ENTRY

• Set a Proper Entry Point
  
• Always respect SL, Good Trader Never avoid it.
  
• Book partial profits at Level 1, It secure your Trade.
  
• Keep Modifying your SL, According to T-SL Level.
  
• On Level 2, Exit remaining All position for full profit.

📊 Healthy Trading Tips

• Risk Small: Never risk more than 1–2% per trade.
  
• Size Smart: Adjust position size to volatility and account size.
  
• Diversify: Don’t put all money in one asset/sector.
  
• Plan Ahead: Set entry, exit, and stop‑loss before trading.
  
• Trade Less: Focus on quality setups, avoid overtrading.
  
• Use Both Analyses: Combine technical charts with fundamental news/events.
  
• Control Emotions: Stick to strategy, avoid fear/greed.
  
• Journal Trades: Record reasons, outcomes, and lessons.
  
• Stay Informed: Track economic calendars and global events.
  
• Take Breaks: Step away after wins/losses to reset.

🎯 Advanced Discipline

• Partial Exit: Book profits in stages (e.g., 50% at 1:1, 50% at Final Level).
  
• Check News: Avoid trading during major announcements.
  
• No Tweaks: Don’t change plan mid‑trade; wait for SL/TP.
  
• Fixed Rules: Trade with fixed risk, fixed gains.
  
• No Averaging Losses: Close bad trades, don’t add more.
  
• Keep Learning: Evolve strategy with market changes.
  
• Believe: Trust your plan and process.
  
• Backtest: Practice setups until they’re second nature.
  
• Daily Routine: Pre‑market Preparation, post‑market review.
  
• Optimize Setup: Clean workspace, fast platform, no distractions.
  
• Track Metrics: Win rate, average reward, expectancy, time of day, setup performance.
  
• Trader Identity: Follow rules; money is a byproduct.
  
• Liquidity Check: Avoid low‑volume instruments.
  
• Respect Trend: Trade with momentum, not against it.
  
• Avoid Over‑Leverage: Keep leverage low, avoid margin unless planned.

Risk Disclaimer

This content, including any tools, software, datafeeds, indicators, or scanners, is provided strictly for charting, educational, informational, and paper‑trading purposes only. It does not constitute investment advice, buy/sell recommendations, or real‑money trading strategies.

• Not Advisors: We are not registered as investment advisors or research analysts.
  
• Charting Only: Use is limited to testing strategies and evaluation; any application to real trading is at the user’s sole risk.
  
• No Liability: No liability is accepted for financial loss, trading loss, or damages arising from use of the tools or data.
  
• Data Limitations: Market data may be delayed, inaccurate, or incomplete. Past or hypothetical performance is not indicative of future results.
  
• Signals Disclaimer: Automated signals are for evaluation only and should not be treated as accurate or real trading instructions.
  
• High Risk: Trading and investing involve substantial risk and can result in losses beyond the initial capital.
  
• Independent Judgment: Users must exercise independent judgment and consult licensed professionals before making financial decisions
  

⚠️ Final Note: Trading is speculative and may not be suitable for all investors. Use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, RISK⚖️, REWARD🏆 and REGRET😔 are solely yours. 🔥