Trinity ATR Real Move Detector

vor 3 Tagen

Trinity ATR Real Move Detector

This ATR Energy Table indicator is one of the simplest yet most powerful filters you can have on a chart when trading short-dated or 0DTE options or swing trades on any timeframe from 1-minute up to 4-hour. Its entire job is to answer the single most important question in intraday and swing trading: “Does the underlying actually have enough short-term explosive energy right now to make a directional position worth the theta and the spread, or is this just pretty candles that will die in ten minutes?”

Most losing 0DTE and short-dated option trades happen because people buy or sell direction on a “nice-looking” breakout or pullback while the underlying is actually in low-energy grind mode. The premium decays faster than the move develops, and you lose even when you’re “right” on direction. This little table stops that from ever happening again.

Here’s what it does in plain English:

Every bar it measures two things:
- The current ATR on whatever timeframe you are using (1 min, 3 min, 5 min, 10 min, etc.). This tells you how big the average true range of the last 14 bars has been — in other words, how violently the stock or index is actually moving right now.
- The daily ATR (14-period on the daily chart). This is your benchmark for “normal” daily movement over the last two–three weeks.

It then multiplies the daily ATR by a small number (the multiplier you set) and compares the two. If the short-term ATR is bigger than that percentage of the daily ATR, the table turns bright green and says “ENOUGH ENERGY”. If not, it stays red and says “NOT ENOUGH”.

Why this works so well:
- Real explosive moves that carry for 0DTE and 1–3 DTE options almost always show a short-term ATR spike well above the recent daily average. Quiet grind moves never do.
- The comparison is completely adaptive — on a high-vol day the threshold automatically rises, on a low-vol day it automatically drops. You never have to guess if “2 points on SPY is big today”.
- It removes emotion completely. You simply wait for green before you even think about clicking buy or sell on an option.

Key settings and what to do with them:
- Energy Multiplier — this is the only number you ever touch. It is expressed as a decimal (0.15 = 15 % of the daily ATR). Lower = more signals, higher = stricter and higher win rate. The tooltip gives you the exact sweet-spot numbers for every popular timeframe (0.09 for 1-minute scalping, 0.13 for 3-minute, 0.14–0.16 for 5-minute, 0.15–0.19 for 10-minute, etc.). Just pick your timeframe once and type the number — done forever.
- ATR Length — leave it at 14. That’s the standard and works perfectly.
- Table Position — move the table to wherever you want on the chart (top-right, bottom-right, bottom-left, top-left).
- Table Size — make the text Tiny, Small, Normal or Large depending on how much screen space you have.

How this helps you make money and stop losing it:
- On most days you will see red 80–90 % of the time — that’s good! It is forcing you to sit on your hands instead of overtrading low-energy chop that eats premium.
- When it finally flips green you know institutions are actually pushing size right now — follow-through probability jumps from ~40 % to 65–75 % depending on the stock and timeframe.
- You stop buying calls on every green candle and puts on every red candle. You only strike when the market is genuinely “awake”.
- Over a week you take dramatically fewer trades, but your win rate and average winner size go way up — which is exactly how consistent intraday option profits are made.

In short, this tiny table is the closest thing to an “edge on/off switch” that exists for short-dated options. Red = preserve capital and go do something else. Green = pull the trigger with confidence. Use it religiously and you’ll immediately feel the difference in your P&L.

vor 3 Tagen

Versionshinweise

Added alerts to make life even easier and get alerted when an alert on condition happens.

vorgestern

Versionshinweise

Updated Pro version with more features including a dynamic bullish and bearish bias making it easier to understand the trend in real time.

vor 16 Stunden

Versionshinweise

The Trinity ATR Real Move Detector indicator is a sophisticated single-asset TradingView tool designed to identify high-conviction short-term momentum setups, particularly for 0DTE or short-dated options trading, but editable enough to allow usage for higher timeframe and swings trades. It centers on detecting "energy" — genuine volatility spikes — by comparing the current short-term ATR to a user-defined percentage of the daily ATR, signaling when the underlying has enough force to overcome theta decay and spreads. A SuperTrend-style calculation provides directional bias, while additional breakout confirmation factors (RVOL, volume spike, ADR %) add layers of conviction, culminating in a scored system that rates setups out of 5 and delivers a clear recommendation.

Core mechanics remain focused on volatility energy, with the current ATR checked against a threshold (multiplier × daily ATR). When energy is present, the SuperTrend bias determines bullish or bearish direction. Bars active tracks persistence, RVOL gauges institutional participation, volume spike confirms immediate conviction, and ADR % warns of exhaustion. The conviction score counts how many of these five factors align for the current bias, and the recommendation row displays "HIGH PROBABILITY LONG", "HIGH PROBABILITY SHORT", or "WAIT" when the score meets the user-defined minimum (default 4/5).

Users can fully customize the indicator through settings. Symbol changes are not needed for single-asset use, but all parameters are adjustable: the energy multiplier (with detailed hints for stocks and crypto across timeframes from 1-minute to daily), ATR length, RVOL and volume spike thresholds, ADR caution/exhaustion levels, and minimum conviction for recommendations. Table appearance is highly editable — position, size, background color and opacity, border color and width, header background/text color, and value text color — allowing perfect integration with any chart theme (dark, light, transparent, high-contrast).

The latest enhancement brings extensive table styling options, giving users complete control over visual presentation. Background opacity can be set from fully transparent to solid, background and border colors are freely selectable, border width adjustable, and separate colors for header text, header background, and value text ensure readability and aesthetic match. These additions make the table more professional and adaptable without altering calculations or logic.

In practice, load the indicator on your chosen chart (3-minute or 5-minute ideal for intraday options). The table updates live, showing real-time energy status, bias, bars active, RVOL, volume spike, ADR %, conviction score, and recommendation. Focus on "HIGH PROBABILITY" signals (green for long, red for short) — they occur when 4+ factors align, indicating strong momentum with volume support and room to run. Use "WAIT" periods to avoid low-conviction setups. For higher timeframes (4-hour/daily), increase the energy multiplier slightly per the hints to filter noise. The customizable styling lets you make the table subtle (transparent/low opacity) or bold (bright borders/colors) to suit your workflow.

Overall, this indicator has evolved into a complete decision engine for breakout and momentum trading. The conviction system and recommendation provide objective "go/no-go" calls, while enhanced styling ensures the table integrates seamlessly with any setup. It's particularly powerful for options traders seeking to enter only when multiple factors confirm real fuel and direction, dramatically improving edge over simple price action or single-indicator approaches.