Strat Assistant Screener Mini

The Strat Assistant Screener Mini tool scans up to five user-defined symbols for specific price action setups based on "The Strat" methodology across any chosen timeframe. It provides a real-time visual dashboard of candle types and actionable signals, enabling traders to quickly identify high-probability setups like Hammers, Shooters, and Inside Bars for intraday or swing trading.

Usage

The indicator displays six distinct labels at the bottom of the chart, each representing a specific Strat pattern or actionable signal. Users can input up to five different tickers to monitor simultaneously. By observing the color-coded lists (Green for bullish, Red for bearish), traders can identify which symbols are currently forming 2-Up, 2-Down, Outside, or Inside candle structures.

The screener is particularly useful for:

• Intraday Scanning: Quickly filtering a small watchlist for actionable signals like Hammers and Shooters.
• Trend Identification: Seeing which stocks in a portfolio are currently in 2-Up or 2-Down states on a specific timeframe (e.g., Daily or Hourly).
• Setup Confirmation: Using the "Action Wick Percentage" to ensure that candles meet specific structural requirements before considering them a valid signal.

Details

This "Mini" version is optimized for performance by limiting the security requests to five tickers, ensuring faster updates and reduced lag compared to larger screeners. It utilizes the request.security function to pull data from the user-selected timeframe, regardless of the chart's current resolution. The logic identifies "The Strat" candle types:

• Inside Bar (1): High is lower than or equal to previous high, and low is higher than or equal to previous low.
• 2-Up: High is higher than previous high, but low is not lower than previous low.
• 2-Down: Low is lower than previous low, but high is not higher than previous high.
• Outside Bar (3): High is higher than previous high, and low is lower than previous low.
• Actionable Signals: Defined by wick-to-body ratios (Hammers/Shooters).

Settings

General Settings

• Security/Screener Time Frame: Sets the timeframe for the screening logic (e.g., D for Daily, 60 for Hourly).
• Actionable Wick Percentage: Determines the minimum wick size required to classify a candle as a Hammer or Shooter. A value of 0.75 means 75% of the candle must be a wick.
• Label Index Offset Factor: Adjusts the horizontal spacing between the six dashboard labels.

Symbols

• Symbol 1 - 5: Allows the user to select the specific tickers to be monitored by the screener.

FAQ

How do I access Strat Assistant Screener Mini?

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

Why are some labels empty?

Labels will always be displayed to maintain the dashboard structure, but they will only list tickers if those symbols currently meet the specific criteria for that category (e.g., "Inside List").

Can I monitor more than 5 symbols?

This specific version is limited to 5 tickers for performance and speed. For larger watchlists, a standard (non-mini) version of the screener is typically required.