PROTECTED SOURCE SCRIPT
Mizan v7.2 - OMNISCIENT PRO [Trailing]
Title: Mizan v7.2 - OMNISCIENT PRO [Trailing Stop Edition]
Description:
Mizan v7.2 is an advanced multi-layered analytical tool designed to filter market noise and identify high-probability trend reversals. Unlike standard indicators, OMNISCIENT PRO utilizes a proprietary "L-Score" engine that synthesizes volume flow, momentum, and price elasticity into a single unified score.
Key Components:
L-Score Engine: A weighted synthesis of CCI (Trend), RSI (Momentum), and CMF (Volume Flow).
The Alchemist Module: A dynamic volume filter that scales the signal strength based on Relative Volume (RVOL). If the volume doesn't support the move, the L-Score is automatically dampened to prevent fakeouts.
Oracle Prediction: Uses linear regression slope analysis to "predict" the next move of the L-Score, allowing you to enter trends before they become obvious.
Dynamic Trailing Shield: An ATR-based trailing stop system that protects your capital. It automatically activates once the price reaches a certain profit threshold, locking in gains while giving the trade room to breathe.
How to Read:
L-Score > 65: Strong Bullish Regime (Green Background).
L-Score < 48: Bearish/Exit Regime (Red Background).
Trailing Line (Yellow): Your dynamic safety net. As long as the price stays above this line in a long position, the trend is considered healthy.
Best Used For:
Scalping and Swing trading on Liquid assets (Crypto, Gold, Forex). Recommended timeframes: 5m, 15m, and 1h.
Description:
Mizan v7.2 is an advanced multi-layered analytical tool designed to filter market noise and identify high-probability trend reversals. Unlike standard indicators, OMNISCIENT PRO utilizes a proprietary "L-Score" engine that synthesizes volume flow, momentum, and price elasticity into a single unified score.
Key Components:
L-Score Engine: A weighted synthesis of CCI (Trend), RSI (Momentum), and CMF (Volume Flow).
The Alchemist Module: A dynamic volume filter that scales the signal strength based on Relative Volume (RVOL). If the volume doesn't support the move, the L-Score is automatically dampened to prevent fakeouts.
Oracle Prediction: Uses linear regression slope analysis to "predict" the next move of the L-Score, allowing you to enter trends before they become obvious.
Dynamic Trailing Shield: An ATR-based trailing stop system that protects your capital. It automatically activates once the price reaches a certain profit threshold, locking in gains while giving the trade room to breathe.
How to Read:
L-Score > 65: Strong Bullish Regime (Green Background).
L-Score < 48: Bearish/Exit Regime (Red Background).
Trailing Line (Yellow): Your dynamic safety net. As long as the price stays above this line in a long position, the trend is considered healthy.
Best Used For:
Scalping and Swing trading on Liquid assets (Crypto, Gold, Forex). Recommended timeframes: 5m, 15m, and 1h.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.