The Strat Screener - yungchopps

The The Strat Screener - yungchopps tool scans up to 40 user-defined tickers simultaneously to identify specific "The Strat" candlestick patterns, helping traders monitor multiple markets for high-probability setups from a single chart.

Usage

The Usage section focuses on the practical application of the screener to identify actionable trade setups across different symbols. To use the tool, simply add it to your chart and configure the list of 40 symbols in the settings menu.

The screener primarily identifies "Randy Jackson" (RJ) setups:

• Bullish RJ: Identified by a sequence of 2u-2u-2d-2u candles.
• Bearish RJ: Identified by a sequence of 2d-2d-2u-2d candles.

When a ticker meets the criteria for an RJ setup, its name is automatically displayed in the on-screen table under the respective Bullish or Bearish column. The screener operates on the timeframe currently selected on your chart, allowing for multi-symbol analysis on any interval.

Details

The script implements logic based on "The Strat" candlestick analysis, a methodology that categorizes candles by their relationship to previous price action (1 = Inside Bar, 2 = Trending Bar, 3 = Outside Bar).

Beyond the core Randy Jackson setups, the script's internal logic includes checks for other prominent Strat patterns:

• Nirvana: A combination of a 1-bar followed by a 3-bar.
• Holy Grail: A combination of a 3-bar followed by a 1-bar.
• 2-1 Setups: Scanning for continuation or reversal patterns involving inside bars.
• 50% Rule: Logic to detect if price has retraced or cleared the halfway point of the previous candle's range.

The screener uses request.security() to fetch data for all 40 symbols and compiles the results into a visual table for efficient monitoring.

Settings

• Color vision deficiency: When enabled, this toggles an alternative color palette for the table UI to improve accessibility for color-blind users.
• Symbol 01 - 40: Input fields to define the specific tickers you wish to monitor. You can enter any valid TradingView symbol (e.g., "NASDAQ:AAPL", "BINANCE:BTCUSDT").

FAQ

How do I use the The Strat Screener - yungchopps?

Simply add the indicator to your chart and input your preferred symbols into the settings menu. The table will automatically populate when a Randy Jackson setup is detected on the current timeframe.

What patterns does this screener look for?

The visual table focuses on Bullish and Bearish Randy Jackson setups, though the underlying code contains logic for Nirvana, Holy Grail, and 2-1 Strat patterns.

How can I get access to The Strat Screener - yungchopps?

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