Tap n Barrel
This indicator implements the Tap n Barrel model.
The model is fully mechanical and follows a defined sequence of steps, removing discretionary ambiguity for the trader.
Instead of reacting to events after they occur, the model identifies a future price level where an entry may be placed. Its logic is based on the 5-minute and 15-minute timeframes and incorporates liquidity concepts, fakeouts, market structure, and Fibonacci OTE levels.
Both the directional bias and the entry criteria are rule-based, and the model targets a fixed 1:3 risk-to-reward ratio. Each element of the framework is informed by data collected across multiple currency pairs, representing over 40 years of combined historical testing.
Indicator features
- Automatic market bias detection, or you can input your own
- Customise your entry level and RR
- Alerts for each stage of the model
- Customisable entry and take out alerts for users looking to automate placing trades
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact bc-trading-official directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact bc-trading-official directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.