INVITE-ONLY SCRIPT

Impulse TP/SL Zones

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Description (paste this):
Impulse TP/SL Zones (Spread Aware) is an invite-only trade management and execution helper, not a standalone signal generator.
The script combines:
A simple SMA trend filter to define LONG/SHORT bias.
A recent impulse range (highest high – lowest low over N bars) to size TP and SL dynamically.
Spread-aware TP/SL levels so targets reflect realistic broker conditions.
Visual blocks and lines marking risk and reward zones (Entry→TP1, TP1→TP3, Entry→SL).
A compact TP/SL table that shows all levels and adds checkmarks when TP1/TP2/TP3 are hit.
How it works (logic):
Trend direction is defined by a user-selected SMA length.
Close above SMA → LONG bias.
Close below SMA → SHORT bias.
The script measures the impulse range over the last lenImpulse bars and uses fixed fractions of that range (0.382 / 0.618 / 0.786) to build TP1/TP2/TP3.
SL is placed using impulseRange * levelRatio in the opposite direction of the bias.
A spread input (spreadPts) shifts all TP/SL levels so they more closely match actual fills.
A new “signal block” is created when the bias flips or when TP3 or SL is reached. Each block has:
Entry line, TP1/TP2/TP3 lines, SL line.
Blocks for the risk zone (Entry→SL) and profit zones (Entry→TP1 and TP1→TP3).
The script tracks when each TP is touched (by high/low depending on bias) and shows ✅ for those levels in the table.
Inputs (user parameters):
Impulse Length (lenImpulse) – bars used for the high/low impulse range.
SMA Length (smaLen) – period of the SMA trend filter.
SL/TP Multiplier (levelRatio) – how far SL is from entry relative to the impulse.
Spread (spreadPts) – spread in points for more realistic TP/SL placement.
Why invite-only / closed-source:
This script is part of a structured, proprietary trade management framework. It is not just a mashup of public indicators; the way it defines impulses, handles signal expiration, and dynamically extends zones is specific to my personal methodology. Keeping it closed-source protects the exact implementation, while this description still explains clearly what the script does and how to use it.
How to use:
Apply it to any symbol/timeframe and tune inputs to your style (scalping vs swing).
Use your own strategy to decide entries.
Use this indicator to visualize where TP1/TP2/TP3 and SL sit relative to the recent impulse and spread, and to manage partial exits and risk.
This tool does not guarantee profits or prevent losses. Always backtest and forward-test on demo before using it live; all trading decisions remain your own responsibility.

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