CRR Trendlines Priority Levels

The CRR Trendlines Priority Levels indicator is a multi-module trading toolkit that provides a comprehensive market analysis engine, focusing on automated trendlines, priority daily levels, and an advanced market structure confirmation system. It aims to assist traders in identifying liquidity-based setups, structural breaks, and key intraday price zones across various timeframes.

Usage

The script is designed to be a versatile context and signal tool. Its main usage can be broken down into four key components:

• TORO RR Engine: This module generates buy signals based on a multi-step institutional logic: liquidity sweeps, CHOCH confirmation, displacement candles, and 50% mitigation zone retests. Use this to identify high-probability entry areas.
• Auto Trendlines: Automatically connects Higher Lows (HL→HL) and Lower Highs (LH→LH) based on pivot detection. This helps in visualizing structural trends and potential breakout/breakdown points.
• Priority Levels: Draws key daily levels including High, Low, Open, and Close for the current and previous sessions. These serve as significant horizontal support and resistance areas.
• Market Structure & Fibs: Provides HH/HL/LH/LL labels, BOS/CHOCH detection, and internal Fibonacci levels (38.2, 50, 61.8). Traders can use these to determine the current market phase and premium/discount zones.

Details

The indicator utilizes a "Lookahead Off" approach for all external data calls (such as DXY or HTF filters) to ensure historical accuracy without repainting. It includes an "Auto Timeframe" mode that recalibrates internal parameters for 2m, 5m, 15m, and 30m charts specifically optimized for Gold (XAUUSD). The Market Structure module includes advanced validation filters like ATR, Volume, and MACD to reduce false breakout signals.

Settings

TORO RR — Motor & Filters

• Motor: Toggle between "STRICT" and "LITE" logic for signal generation.
• DXY Macro Filter: Enables a macro permission filter based on the Dollar Index, particularly useful for Gold trading.
• Micro-CHOCH Confirmation: Requires a structural break on lower timeframes (e.g., 1m) before confirming a signal.
• HTF Filter: Aligns signals with higher timeframe EMA trends.

TL — Visuals

• Show Bull/Bear TL: Toggles the visibility of automated trendlines.
• Pivot Left/Right: Determines the sensitivity of the pivot points used to draw trendlines.

Priority Levels

• Include Today (D0): Whether to include the current day's developing levels or stick to closed candles.
• Level Colors: Customizable colors for High, Low, Open, and Close levels.

Market Structure

• Structure Period: Adjusts the sensitivity for detecting swing points and structural breaks.
• Filter Breaks: Enables ATR, Volume, and MACD filters to validate Market Structure breaks.

FAQ

• What markets does this work best on? While primarily optimized for XAUUSD, the logic can be applied to any liquid market.
• How do I adjust the number of visible lines? Use the "Object Limits" settings in the Market Structure section to manage platform performance.
• How can I access this script? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.