Trader Copilot is an intelligent trading companion that simplifies market analysis by automatically identifying trend direction, measuring trend strength, and displaying the most relevant support/resistance levels on your chart. Get clear, actionable insights with precision and confidence.
🎯 Key Features
Smart Market Structure Classification
Automatically identifies and displays four distinct market scenarios with trend strength percentage:
🟢 Strong Upward Trend
- Market in full bullish momentum with strength measurement
- Shows up to 3 resistance levels for target planning
- Displays breakout and breakdown thresholds
- Color-coded TEAL background for instant recognition
- Real-time strength indicator (0-100%)
🟢 Uptrend with Pullback
- Temporary correction in an established uptrend
- Shows current trend strength to assess pullback depth
- Highlights the NEAREST support level for optimal entry
- Displays rangebound zone boundaries
- GRAY background indicates consolidation phase
🔴 Strong Downward Trend
- Market in full bearish momentum with strength measurement
- Shows up to 3 support levels for target planning
- Displays breakdown and breakout thresholds
- Color-coded MAROON background for instant recognition
- Real-time strength indicator (0-100%)
🔴 Downtrend with Pullback
- Temporary bounce in an established downtrend
- Shows current trend strength to assess retracement depth
- Highlights the NEAREST resistance level
- Displays rangebound zone boundaries
- GRAY background indicates consolidation phase
🔥 Advanced Trend Strength System
NEW FEATURE: Real-time trend strength measurement displayed as a percentage!
- Strength Meter (0-100%): Quantifies current trend momentum
- Visual Emoji Indicators:
- 🐮🔥🔥🔥 = Extremely strong bullish momentum
- 🐻🔥🔥🔥 = Extremely strong bearish momentum
- 🐮🔥🔥 = Strong bullish trend
- 🐻🔥🔥 = Strong bearish trend
- 🐮🔥 = Moderate bullish momentum
- 🐻🔥 = Moderate bearish momentum
- 🐮 = Bullish bias
- 🐻 = Bearish bias
- 🐮💧/🐻💧 = Weak momentum
Strength Calculation:
- Analyzes multiple momentum indicators
- Combines trend alignment across timeframes
- Updates in real-time with market conditions
- Helps you trade only the strongest setups
📊 Clear Visual Trading Signals
- BUY Markers: Green triangles appear when conditions turn bullish
- SELL Markers: Red triangles appear when conditions turn bearish
- Color-Coded Levels: BLUE lines for support, ORANGE lines for resistance
- Smart Line Display: Shows only relevant levels based on current market structure
- Trend Emoji Display: Large emoji indicator in top-left corner shows current momentum
📈 Dynamic Support & Resistance System
- Automatically calculates the most important price levels
- Shows solid lines for primary levels, dotted/dashed for secondary levels
- Labels display exact price values for precise order placement
- Intelligent filtering prevents chart clutter
- Adapts to market structure changes
🎨 Customizable Display
- Position Control: Choose Top Left, Top Right, Bottom Left, or Bottom Right
- Size Options: Tiny, Small, Normal, Large, or Huge text
- Toggle On/Off: Show or hide the information panel as needed
- Clean Interface: Minimalist design that doesn't obstruct your analysis
- Dual Display: Trend emoji always visible in top-left corner
📱 Comprehensive Information Panel
Displays everything you need at a glance:
- ⭐ Current ticker symbol
- 📊 Trend classification and direction
- 💪 Trend Strength Percentage (NEW!)
- 🟢 Breakout levels
- 🔴 Breakdown levels
- ⚪ Rangebound zones
- 🎯 Key support/resistance levels (1-3 nearest)
- ⚠️ Educational disclaimer
- 🌟 PICK MY STOX branding
🌟 What Makes It Unique
Intelligent Trend Strength Analysis
Unlike basic indicators that only show direction, Trader Copilot measures and displays trend strength as a percentage. This helps you:
- Identify high-probability setups (trade only strong trends)
- Avoid weak, choppy markets
- Time entries during strong momentum
- Exit before momentum weakens
Adaptive Intelligence
- Works on ANY timeframe from seconds to monthly charts
- Automatically adjusts level relevance based on current market structure
- No complex configuration needed
- Compatible with all markets: Stocks, Forex, Crypto, Commodities, Indices
Clarity Over Complexity
- Shows ONLY the levels that matter right now
- In pullbacks: Shows just 1 counter-trend level + strength
- In strong trends: Shows up to 3 levels in trend direction + strength
- Color-coded for instant understanding
Professional Quality
- Clean, institutional-grade visual presentation
- Precise level calculations with strength metrics
- Real-time updates
- Monospace font for clear number display
- Dual emoji system (corner + panel)
📖 How to Use
Step 1: Setup
- Add the indicator to your TradingView chart
- Accept the disclaimer checkbox (required)
- Enable "Show Levels" option
- Choose your preferred position and text size
Step 2: Read the Market
- Check the trend emoji in top-left corner for instant momentum view
- Read the information panel for detailed trend classification
- Note the Strength percentage (aim for 60%+ for high-conviction trades)
- Observe the background color (TEAL=bullish, MAROON=bearish, GRAY=pullback)
- Identify key levels displayed on the chart
Step 3: Plan Your Trades
- In Strong Uptrends (60%+ strength): Look for BUY signals near BLUE support lines
- In Strong Downtrends (60%+ strength): Look for SELL signals near ORANGE resistance lines
- During Pullbacks: Wait for price to reach the highlighted level, check if strength remains strong
- Use breakout/breakdown levels for stop-loss placement
Step 4: Execute with Confidence
- Enter when signals align with key levels AND strong trend strength
- Avoid trades when strength is below 40% (weak momentum)
- Set targets at the next resistance (long) or support (short)
- Place stops below breakdown (long) or above breakout (short)
- Monitor trend strength - exit if it drops significantly
💡 Pro Tips
✅ Best Setups: Strength above 60% + pullback to key level = highest probability
✅ Trend Strength Filter: Only trade when strength shows 🔥🔥 or 🔥🔥🔥 emojis
✅ Momentum Confirmation: Rising strength % = accelerating trend, falling % = weakening trend
✅ Level Confluence: Strongest entries occur at key levels with 70%+ strength
✅ Exit Signal: If strength drops below 40% during your trade, consider exiting
✅ Avoid Weak Markets: Skip trades when emoji shows 💧 (weak momentum)
🚫 Common Mistakes to Avoid
❌ Trading when strength percentage is below 40%
❌ Ignoring the trend strength indicator (it's your edge!)
❌ Trading against the classified trend direction
❌ Entering trades far from displayed support/resistance levels
❌ Trading setups with only 🐮💧 or 🐻💧 emojis (wait for 🔥)
❌ Using the indicator without proper risk management
🎓 Perfect For
- Day Traders: Real-time strength updates for quick decisions
- Swing Traders: Multi-day trend strength tracking and key zones
- Position Traders: Long-term trend context with strength validation
- All Experience Levels: From beginners learning to read strength to professionals confirming setups
🔧 Settings Overview
Required Setting:
- ✅ Agreement checkbox (must accept disclaimer)
Optional Settings:
- Show Levels: Toggle information panel on/off (trend emoji always visible)
- Position: Top Left | Top Right | Bottom Left | Bottom Right
- Size: Tiny | Small | Normal | Large | Huge
That's it! No complicated inputs or manual configuration needed.
📊 Understanding Trend Strength
The Strength Percentage is calculated using multiple momentum factors:
- Trend alignment across timeframes
- Momentum indicator readings
- Price action relative to key levels
- Directional movement strength
Interpretation Guide:
- 80-100%: 🔥🔥🔥 Extremely strong trend - highest conviction trades
- 60-79%: 🔥🔥 Strong trend - good trading opportunities
- 40-59%: 🔥 Moderate trend - selective trades only
- 20-39%: 💧 Weak trend - high risk, avoid or reduce size
- 0-19%: 💧💧 Very weak - no trend, stay out
📞 Get Access & Support
🔓 HOW TO GET ACCESS:
- Join our Telegram community: https://t.me/PickMyStoxClub
- Request access to the "Trader Copilot" indicator
- Our team will guide you through the setup process
- Get support, updates, and trading education
Why Join Our Telegram?
- 🎓 Free trading education and tutorials on using trend strength
- 📊 Live market analysis showing how to read strength indicators
- 🤝 Community of like-minded traders sharing insights
- 🚀 Early access to new features and updates
- 💬 Direct support from the PICK MY STOX team
- 🔥 Daily strength analysis and high-probability setups
Community Benefits:
- Learn to trade only the strongest momentum setups
- Get real-time strength readings on popular instruments
- Share your success stories and learn from others
- Access exclusive educational content on trend strength trading
⚠️ Important Disclaimer
FOR EDUCATIONAL PURPOSES ONLY
This indicator is an educational tool designed to assist in data visualization and technical analysis. It does NOT provide automated investment advice, buy/sell recommendations, or guaranteed returns.
Critical Information:
- Investments in securities markets are subject to market risks
- Past performance is not indicative of future results
- No assurance or guarantee of profits or protection from losses
- Trend strength indicators are analytical tools, not guarantees
- Users must conduct their own research or consult a SEBI-registered financial advisor before making investment decisions
- PICK MY STOX is NOT a SEBI registered advisor/analyst
- All trades and levels are for study purposes only
- PICK MY STOX shall not be responsible for any financial losses incurred
Risk Warning: Trading involves substantial risk of loss. Even high-strength setups can fail. Only trade with capital you can afford to lose. Always use proper risk management and position sizing.
📋 Technical Specifications
- Pine Script Version: 6
- Chart Overlay: Yes
- Compatible Markets: All (Stocks, Forex, Crypto, Commodities, Indices)
- Timeframe Support: All (from seconds to monthly)
- Max Lines: 500
- Max Labels: 500
- Real-time Updates: Yes
- Strength Calculation: Multi-factor momentum analysis
🏆 Why Choose Trader Copilot?
✨ Trend Strength Measurement: Unique percentage-based strength indicator
✨ Dual Visual System: Corner emoji + detailed panel
✨ Smart Filtering: Trade only the strongest setups (60%+)
✨ Simplicity: No complex settings or configuration
✨ Clarity: Clean, professional visual presentation
✨ Accuracy: Precise level calculations with strength validation
✨ Adaptability: Works on any market, any timeframe
✨ Education: Learn to read momentum strength like a pro
✨ Support: Active community and developer assistance
📬 Connect With Us
Telegram Community: https://t.me/PickMyStoxClub
Request Access: Message in Telegram for indicator access
Updates: Regular feature enhancements based on community feedback
Education: Learn advanced strength-based trading strategies
🎯 Quick Start Summary
- ✅ Accept disclaimer in settings
- 📊 Choose your display preferences (position & size)
- 🔥 Check trend emoji and strength percentage
- 📈 Read the market classification on your chart
- 🎯 Trade only setups with 60%+ strength at key levels
- 💬 Follow our Telegram Channel for quick updates: https://t.me/PickMyStox
Created by PICK MY STOX ⭐
Your Intelligent Trading Companion with Advanced Trend Strength Analysis
Trading Edge: Don't just follow trends—measure their strength and trade only the best setups!
Trade smart. Trade strong. Trade educated.
Disclaimer: These are only suggestive technical rules that have been found to work well over time in the market. These are not any trading or investing recommendations. We suggest you to take advice from certified experts for trading and investing. Neither PickMyStox nor any of its associates are responsible for any trading or investing loss.
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