TNT Intraday Checklist

█ OVERVIEW
TNT Intraday Checklist is a structured decision-support tool developed exclusively for the TNT One trading community by The Noiseless Trader. It implements the proprietary 5-condition intraday framework that is central to the TNT methodology.

This indicator is designed to work alongside the educational content and trading approach practiced within the TNT One community.

█ COMMUNITY-EXCLUSIVE TOOL
Why Invite-Only:
This indicator was built specifically for TNT One community members who:
- Have learned the underlying methodology through community education
- Understand the context and proper interpretation of each condition
- Practice the specific trading approach this tool supports

The 5-condition framework requires foundational knowledge to use effectively. Access is restricted to ensure users have the prerequisite understanding to interpret signals correctly.

Access Information:
- TNT One Members: Access is complimentary with your membership
- Non-Members: May request access at no cost, subject to availability
- Registration required to verify membership and provide support

█ WHAT MAKES THIS UNIQUE
This is NOT a standard indicator mashup. It implements proprietary logic specific to the TNT methodology:

1. ORB Breach Memory System
Unlike standard ORB indicators, this tool LOCKS directional bias once a level is breached:
- ORB High breached → Bullish bias locked for the day
- ORB Low breached → Bearish bias locked for the day
- Bias persists even if price returns to range
- Prevents false signals from price oscillations
- Resets at new trading day

2. Dual-State ORB Evaluation
ORB High and ORB Low are evaluated as SEPARATE conditions with OPPOSING logic:

ORB HIGH:
- Breached = Bullish (resistance overcome)
- Intact = Bearish (resistance holding)

ORB LOW:
- Intact = Bullish (support holding)
- Breached = Bearish (support broken)

This creates four distinct market states:
- Bullish Breakout: High breached + Low intact
- Bearish Breakdown: High intact + Low breached
- Ranging: Both intact
- Choppy: Both breached

3. 5-Condition Alignment Framework
The core of the TNT methodology - ALL 5 conditions must align for a trade signal:
- No signal generated unless all conditions agree
- Mixed conditions = No Trade
- This filter-based approach is specific to how the TNT community trades

4. Cross-Timeframe Consistency
All data sourced from 15-minute timeframe via request.security():
- ORB levels from first 15-minute candle (9:15-9:30 AM IST)
- EMA calculated on 15-minute data
- Dashboard shows identical values across 1m, 3m, 15m charts

5. Nifty-Specific Exhaustion Detection
Calibrated for Nifty index based on community backtesting:
- Threshold: 0.85% beyond ORB levels
- Warns of overextension even when all conditions align
- Specific to Nifty volatility profile

█ THE 5-CONDITION FRAMEWORK

BULLISH SIGNAL (All 5 green):
1. Price > Daily Pivot
2. Positional Bias = Bullish (Today's Pivot > Yesterday's + Price confirms)
3. ORB High = Breached
4. ORB Low = Intact
5. Price > 34 EMA (15-min)

BEARISH SIGNAL (All 5 red):
1. Price < Daily Pivot
2. Positional Bias = Bearish (Today's Pivot < Yesterday's + Price confirms)
3. ORB High = Intact
4. ORB Low = Breached
5. Price < 34 EMA (15-min)

SIDEWAYS (No Trade):
- Both ORB levels intact (ranging market)
- Both ORB levels breached (choppy market)
- Large opening gap detected
- Wide opening range detected

MIXED (No Trade):
- Conditions not aligned - wait for clarity

█ CALCULATIONS
Daily Pivot:
Pivot = (Previous Day High + Previous Day Low + Previous Day Close) / 3

Opening Range Breakout (ORB):
- ORB High = High of first 15-minute candle (9:15-9:30 AM IST)
- ORB Low = Low of first 15-minute candle (9:15-9:30 AM IST)
- Fetched via request.security() from 15-minute timeframe

Intraday Bias (EMA):
- 34-period Exponential Moving Average
- Calculated on 15-minute timeframe
- Consistent across all chart timeframes

Gap Analysis:
- Nifty: Measured in points (threshold: 100 points)
- Stocks: Measured as percentage (threshold: 3%)
- Formula: Gap = Today's Open - Previous Day Close

Range Analysis:
- Nifty: Measured in points (threshold: 100 points)
- Stocks: Measured as percentage (threshold: 2%)
- Formula: Range = ORB High - ORB Low

Exhaustion Detection (Nifty Only):
- Bullish Exhaustion: Price > ORB High × 1.0085
- Bearish Exhaustion: Price < ORB Low × 0.9915
- Threshold configurable (default: 0.85%)

█ DASHBOARD DISPLAY
The dashboard provides:
- Real-time status of all 5 conditions
- Traffic light indicators: 🟢 Bullish | 🔴 Bearish | 🟡 Sideways
- Strength count: "BULLISH: X/5 | BEARISH: Y/5"
- ORB breach status with memory indication
- Final verdict with clear recommendation

Signal Interpretation:
- 🟢🟢🟢🟢🟢 (5/5) = TRADE BULLISH
- 🔴🔴🔴🔴🔴 (5/5) = TRADE BEARISH
- Mixed colors = NO TRADE - MIXED
- 🟡 Yellow = SIDEWAYS - NO TRADE
- 💨 Emoji = Exhaustion warning

█ HOW TO USE
1. Add indicator to 1-minute, 3-minute, or 15-minute chart
2. Wait for first 15-minute candle completion (9:30 AM IST)
3. Observe dashboard for condition alignment
4. All 5 conditions must align (all green OR all red) for a signal
5. Mixed or sideways = Avoid directional trades
6. Monitor exhaustion warnings on Nifty positions


█ SETTINGS
ORB Settings:
- Nifty Range Threshold: Points for wide range (default: 100)
- Stock Range Threshold: Percentage for wide range (default: 2%)
- Nifty Exhaustion %: Overextension threshold (default: 0.85%)
- Show Historical ORB: Display last 3 days' levels (default: On)

EMA Settings:
- EMA Period: Moving average period (default: 34)

Gap Settings:
- Nifty Gap Threshold: Points (default: 100)
- Stock Gap Threshold: Percentage (default: 3%)

Visual Settings:
- ORB Line Color
- Pivot Line Color
- Dashboard Position
- Color Theme

█ ALERTS
- Bullish Signal: All 5 conditions aligned bullish
- Bearish Signal: All 5 conditions aligned bearish
- Bullish with Exhaustion: Bullish but overextended
- Bearish with Exhaustion: Bearish but overextended
- Sideways Signal: Market conditions suggest no trade
- Both ORB Levels Breached: Choppy market detected
- Mixed Conditions: Waiting for alignment

█ LIMITATIONS
- Designed for Indian market hours (9:15 AM - 3:30 PM IST)
- Supports 1-minute, 3-minute, and 15-minute timeframes only
- ORB levels fixed after first 15-minute candle completes
- Exhaustion detection applies to Nifty symbols only
- Historical ORB requires multiple days of chart data

█ DISCLAIMER
This indicator is a technical analysis tool developed for educational and informational purposes. It is designed to support a specific trading methodology taught within the TNT One community.

- This is NOT financial advice
- Does NOT guarantee trading outcomes
- Past performance is NOT indicative of future results
- Trading involves substantial risk of loss
- Users should conduct their own analysis
- Always practice proper risk management

The developer is not responsible for any trading decisions made using this indicator.