OPEN-SOURCE SCRIPT

Market Map – AK_Trades

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📌 Market Map – AK_Trades
A real-time context engine designed to enhance your entries, exits, and overall trade confidence.
Built to complement any scalping or breakout strategy — or function as a reliable standalone guide.

🧠 What It Does:
📊 Detects market structure shifts

📍 Draws clean Support/Resistance zones (non-repainting)

🟥 Displays trend background shading + trend label

🚨 Flags breakouts, reversals, and invalidations

📈 Adds a real-time confidence ribbon for quick decision-making

🧭 LEGEND
Element Description
🟩🟥 Background Color Trend direction based on 21/50 EMA (green = uptrend, red = downtrend)
🟥🟩 Dashed Lines Dynamic support (green) and resistance (red) from pivot highs/lows
🔼 BREAKOUT ↑ Triggered only if price breaks key level + 0.25 ATR and volume confirms
🔽 BREAKDOWN ↓ Triggered only on valid breakdown with volume and trend alignment
🟡 Triangle (Up/Down) Reversal Warning – candle closes against current trend & EMAs
❌ Orange X Invalidation Marker – price reversed after breakout within 2 bars
📉 Confidence Strip (Green/Red) Shows strength/weakness of each bar based on trend and EMA proximity
🔤 UPTREND / DOWNTREND Trend label shown top-right of chart

⚠️ Notes:
Use this for bias confirmation, clean visual structure, and exit management.
Best paired with a high-conviction entry signal.

❗Disclaimer:
This script is for educational purposes only. It is not financial advice. Use at your own risk. The author assumes no responsibility for any trading losses incurred.

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