AI Trading Console PRO (BuySell with Complete Dash)

The AI Trading Console PRO indicator provides a comprehensive semi-automated trading system that integrates entry signals, institutional filters, dynamic profit targets, and real-time performance tracking into a single interface.

Usage

The Usage section describes how the script can be used to identify high-probability setups while managing risk. The system operates by monitoring specific entry conditions and filtering out low-probability environments.

Signal Engine & Filters

To use the signal engine, users should monitor the confluence of the following technical parameters:

• ORB (Opening Range Breakout): Detects breakouts from the initial 30-minute high/low range (9:15 AM to 9:45 AM).
• Trend Alignment: Utilizes a Fast EMA (13) and Slow EMA (39) crossover logic to ensure trades align with local momentum.
• Momentum (RSI): Requires the 14-period RSI to be above 55 for Buys or below 45 for Sells.
• Higher Time Frame (HTF): References a secondary timeframe (default 60m) to confirm the macro trend via a 50 EMA.

Risk and Target Management

The script automates trade management once a signal is triggered:

• Dynamic Targets: Standard Floor Pivots (R1-R3, S1-S3) are used as profit targets. If price reaches a target, the dashboard updates to "HIT" and the chart visualizes the achievement.
• Stop Loss: The initial stop is set at 1.5x ATR. If Trailing SL is enabled, the stop moves with the price at a 1.2x ATR distance.
• Position Sizing: Based on the user-defined capital and risk percentage, the script calculates the exact quantity to trade relative to the ATR-based stop loss.

Details

The AI Trading Console PRO is constructed with a focus on institutional levels and statistical probability.

• Pivot Calculation Engine: The script utilizes request.security with lookahead_on to fetch previous day data (High, Low, Close) without repainting issues, ensuring Floor Pivots are calculated accurately at the start of the session.
• AI Score Logic: This metric (0-100) quantifies setup quality. 20 points are awarded for each alignment in Trend, Momentum, ADX (Trend Strength), VIX (Volatility Safety), and HTF status. An 80+ score indicates a high-probability environment.
• Institutional Filters: The ADX must be above 20 to ensure a trending market exists. Additionally, it pulls live data from the India VIX; if volatility exceeds 20, the script flags "Avoid Trade" to protect capital from erratic price action.

Settings

Signal Engine

• Advanced Mode: Toggles detailed internal logic.
• Buy/Sell: Enables or disables specific direction signals.
• ORB Breakout: Enables the Opening Range Breakout logic.
• RSI Filter: Sets the RSI thresholds for bullish (55) and bearish (45) momentum.

Risk Management

• Trailing SL: Enables or disables the dynamic trailing stop loss.
• ATR Mult: Adjusts the multiplier for the ATR-based stop loss and trailing.
• Capital: The total trading capital used for position size calculations.
• Risk %: The percentage of capital to risk per trade.

AI Filters & Market Structure

• ADX Filter: Sets the minimum ADX value (default 20) required to authorize a trade.
• VIX Filter: Sets the maximum volatility threshold (default 20) for the India VIX symbol.
• EMA Trend: Configures the Fast and Slow EMA lengths for trend detection.
• HTF Confirm: Sets the timeframe and logic for higher timeframe trend confirmation.

FAQ

How does the AI Score work? The AI Score is a confluence metric that aggregates five technical filters (Trend, RSI, ADX, VIX, and HTF). Each filter adds 20 points to the score, where a total of 80 or higher represents a high-conviction trade setup.

Can I change the VIX source for different markets? Yes, under the "AI Filters" settings group, you can modify the VIX Symbol to match your local volatility index (e.g., CBOE:VIX for US markets).

How do I access this indicator? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.