SimpleBias Pro

4 lip

SimpleBias PRO - Advanced Multi-Timeframe Bias Analysis System

SimpleBias PRO is an advanced multi-timeframe bias analysis system, specifically designed for professional traders who need in-depth analysis and integrated risk management. A major upgrade from the free version, it features 6 separate table systems and sophisticated trading logic.

Key Features

Multi-Table Analysis System

• SimpleBias Table - Core bias analysis across 8 timeframes
  
• Logic Table - Advanced trading logic with confluence requirements
  
• EMA Table - Trend analysis with customizable EMA system
  
• Time Table - Session-based timing optimization
  
• Time & Price Table - Combined temporal and price analysis
  
• Risk Management Table - Automated position sizing calculations
  

Advanced EMA Integration

• Multiple source options: Open, Close, High, Low
  
• Dynamic color modes with bullish/bearish visualization
  
• EMA direction analysis (RISE/FALL/NEUTRAL)
  
• Customizable periods (1-9999) with plot capability
  
• Professional line width control (1-5 pixels)
  

Smart Time-Based Analysis

• Optimized trading hours for different timeframes
  
• New York timezone integration for global markets
  
• Time status indicators with visual confirmation
  
• Session-specific filtering for 15m, 5m, 1m strategies
  

Enhanced Trading Logic

• Multi-timeframe confluence requirements
  
• Mid-timeframe bias analysis
  
• EMA direction confirmation system
  
• Time-based entry filtering
  
• Separate conditions for scalping (1m), day trading (5m), and swing (15m)
  

Professional Risk Management

• Balance input with validation ($100 - $10,000,000)
  
• Risk percentage control (0.1% - 10.0%)
  
• Stop loss configuration in pips (5-5000)
  
• Automatic position sizing calculations
  
• Real-time risk assessment display
  

How It Works

Bias Calculation

The indicator determines market bias by comparing the current timeframe's open price with the previous period's open price:

• BULLISH: Current open > Previous open
  
• BEARISH: Current open < Previous open
  
• NEUTRAL: Current open = Previous open
  

Multi-Timeframe Confluence The system requires alignment across multiple timeframes before generating signals:

15-Minute Strategy:

• 4h, 1h, 15m bias alignment
  
• 1H mid-timeframe confirmation
  
• EMA direction confirmation
  
• Optimal time session validation
  

5-Minute Strategy:

• 1h, 15m, 5m bias alignment
  
• 15M mid-timeframe confirmation
  
• EMA trend validation
  
• Session timing optimization
  

1-Minute Strategy:

• 15m, 5m, 1m bias alignment
  
• 5M mid-timeframe confirmation
  
• EMA direction sync
  
• Precise timing windows
  

Risk Management Integration Automatic position sizing based on:

• Account balance
  
• Risk percentage
  
• Stop loss distance
  
• Current market conditions
  

Advanced Customization

Theme & Display Options

• Light/Dark mode with automatic color adaptation
  
• Transparent background options
  
• Individual table toggle controls
  
• Position control (Top/Middle/Bottom Right)
  
• Text size optimization (Tiny/Small/Normal)
  

Professional Color Schemes

• Separate bias color customization
  
• Dynamic EMA coloring
  
• Signal color differentiation
  
• Theme-adaptive interface elements
  

Best Practices

For Professional Day Trading

• Use 15-minute charts with 15M strategy
  
• Focus on 4H and 1H bias alignment
  
• Enable EMA confirmation
  
• Trade during optimal NY sessions
  
• Apply 0.25-0.5% risk per trade
  

For Advanced Scalping

• Use 5-minute charts with 5M strategy
  
• Require 1H and 15M bias confluence
  
• Monitor EMA direction changes
  
• Focus on high-probability time windows
  
• Use tight risk management (0.1-0.25%)
  

For Swing Trading

• Use 15-minute+ charts
  
• Focus on higher timeframe bias alignment
  
• Allow wider stop losses
  
• Use longer EMA periods
  
• Apply conservative risk (0.5-1%)
  

Technical Specifications

• Pine Script Version: v6
  
• Performance: Multi-table system with efficient rendering
  
• Compatibility: All TradingView timeframes and instruments
  
• Updates: Real-time bias detection and signal generation
  

Important Disclaimers
This indicator is for educational and analysis purposes only. Not financial advice - always conduct your own research and risk assessment. Past performance does not guarantee future results. Proper risk management is essential for all trading activities.

6 lip

Informacje o Wersji

Enhanced Bias Analysis System

New Bias Detection Methods

Bullish Confirmation Analysis

• Analyzes when both the previous session's high and low are lower than two sessions ago
  
• This pattern indicates a pullback or retracement that may signal bullish continuation
  
• Helps confirm bullish bias when price temporarily moves lower before resuming upward trend
  

Bearish Confirmation Analysis

• Identifies when both the previous session's high and low are higher than two sessions ago
  
• This pattern shows an upward retracement that may signal bearish continuation
  
• Helps confirm bearish bias when price temporarily moves higher before resuming downward trend
  

Midpoint-Based Bias Analysis

• Compares current opening price with the previous session's midpoint (average of high and low)
  
• Provides alternative perspective on market sentiment based on range center positioning
  
• Offers different bias view compared to traditional open-to-open comparison
  

Midpoint Momentum Confirmation

• Tracks whether the previous session's midpoint is higher or lower than two sessions ago
  
• Bullish when midpoint is progressing upward over time
  
• Bearish when midpoint is declining over time
  
• Helps confirm overall price momentum direction
  

Range Compression Detection

• Identifies when previous session's high is lower AND low is higher than two sessions ago
  
• This creates a narrowing range pattern indicating potential consolidation
  
• Helps traders recognize when market is building energy for next directional move
  

Range Containment Analysis

• Detects when previous session's opening and closing prices both fall within the range of two sessions ago
  
• Indicates price action is being contained within previous boundaries
  
• Signals potential range-bound market conditions
  

Enhanced Multi-Timeframe Integration

Advanced Lower Timeframe Analysis

• Combines multiple bias calculation methods for 1-minute, 5-minute, and 15-minute charts
  
• Uses confirmation techniques to validate primary bias signals across different timeframes
  
• Consolidation detection helps identify when to avoid trend-following strategies
  
• Cross-timeframe alignment improves overall signal reliability and reduces false signals
  

Practical Trading Applications

• Primary bias provides initial market direction assessment
  
• Confirmation methods validate signal strength and reliability
  
• Midpoint analysis offers alternative market sentiment perspective
  
• Consolidation detection prevents trading during range-bound conditions
  
• Multi-timeframe integration ensures consistency across different time horizons
  

This comprehensive update transforms basic bias calculation into a sophisticated market sentiment analysis system that considers multiple price relationships and timeframe dynamics for more accurate trading decisions.

8 lip

Informacje o Wersji

Signal Logic Optimization Update

• Refined entry conditions for intraday trading and scalping
  
• Enhanced performance on 15m, 5m, 1m charts
  

9 lip

Informacje o Wersji

Flexible Risk Management System

• Added dual risk calculation options: Percentage mode and Dollar amount mode
  
• Users can now choose between traditional percentage-based risk (0.1% - 10.0%) or direct dollar amount input
  

Optimized Entry Logic System

• Refined signal generation
  
• Enhanced filtering system
  

9 lip

Informacje o Wersji

Multi-Timeframe Signal Enhancement

• Added automatic Higher Time Frame reference system
  
• Signals now require price confirmation above/below HTF open levels
  
• Reduced false signals through enhanced timeframe correlation
  

11 lip

Informacje o Wersji

Fix the lot size calculation and Stop Loss in Gold

11 lip

Informacje o Wersji

Fixed repaint issue on 15m and 5m timeframes.

14 lip

Informacje o Wersji

SuperTrend Integration & Signal Logic Update

• Integrated SuperTrend as new trend filter
  
• Removed legacy EMA-based filter
  
• Fused SuperTrend with SimpleBias Pro logic for stronger confluence
  
• Improved signal accuracy and trend alignment on 15m, 5m, and 1m timeframes
  

4 wrz

Informacje o Wersji

Adding 1H Signal and SuperTrend signal optimization

• Added trading signals for 1-hour charts
  
• Fixed repaint issue on 15m, 5m, and 1m timeframes when price change its direction with SuperTrend condition