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Intraday Market Context (Trend & Risk)

📌 Intraday Market Context (Trend & Risk)
Overview
Intraday Market Context (Trend & Risk) is a non-signal, informational indicator designed to provide a high-level view of current market conditions. Instead of generating buy or sell signals, this tool helps traders understand what kind of market they are operating in and how cautious or aggressive they should be.The output is shown as a clean, fixed on-chart box with plain-language guidance.
What This Indicator Shows
The indicator displays three simple elements:
1️⃣ Market Type
Identifies the current market environment:
Trending Market
Sideways Market
Expanding / Breakout Market
Unclear Market
2️⃣ Risk Mode
Provides a relative assessment of market risk:
Normal Risk
Medium Risk
High Risk
This is contextual information only and does not imply trade direction.
3️⃣ What to Do
Plain-language behavioral guidance, not trade instructions:
Trend is Friend
Range is Friend
Wait for Pullback
Stay Out
These phrases are meant to guide trader behavior, not trigger trades.
How to Use
Use this indicator as a market context filter, not as a trading signal
Decide when to trade, trade cautiously, or stay out
Use your own execution tools (price action, EMAs, VWAP, structure, etc.) for entries and exits
Respect “Stay Out” conditions to avoid over-trading in unfavorable environments
This indicator works best as a decision-support overlay, especially for intraday traders.
What This Indicator Is NOT
❌ Not a buy/sell signal
❌ Not a trading strategy
❌ Not predictive
❌ Not a replacement for risk management
Important Disclaimer
This indicator is provided for educational and informational purposes only.It does not constitute financial advice, investment advice, or a recommendation to trade any instrument.Trading involves risk, and losses can exceed expectations. Always use proper risk management and make your own trading decisions.
Overview
Intraday Market Context (Trend & Risk) is a non-signal, informational indicator designed to provide a high-level view of current market conditions. Instead of generating buy or sell signals, this tool helps traders understand what kind of market they are operating in and how cautious or aggressive they should be.The output is shown as a clean, fixed on-chart box with plain-language guidance.
What This Indicator Shows
The indicator displays three simple elements:
1️⃣ Market Type
Identifies the current market environment:
Trending Market
Sideways Market
Expanding / Breakout Market
Unclear Market
2️⃣ Risk Mode
Provides a relative assessment of market risk:
Normal Risk
Medium Risk
High Risk
This is contextual information only and does not imply trade direction.
3️⃣ What to Do
Plain-language behavioral guidance, not trade instructions:
Trend is Friend
Range is Friend
Wait for Pullback
Stay Out
These phrases are meant to guide trader behavior, not trigger trades.
How to Use
Use this indicator as a market context filter, not as a trading signal
Decide when to trade, trade cautiously, or stay out
Use your own execution tools (price action, EMAs, VWAP, structure, etc.) for entries and exits
Respect “Stay Out” conditions to avoid over-trading in unfavorable environments
This indicator works best as a decision-support overlay, especially for intraday traders.
What This Indicator Is NOT
❌ Not a buy/sell signal
❌ Not a trading strategy
❌ Not predictive
❌ Not a replacement for risk management
Important Disclaimer
This indicator is provided for educational and informational purposes only.It does not constitute financial advice, investment advice, or a recommendation to trade any instrument.Trading involves risk, and losses can exceed expectations. Always use proper risk management and make your own trading decisions.
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。