Bias Compass Biasco
- Indicateurs
- Version: 1.13
- Activations: 10
SHORT DESCRIPTION
Daily direction, Asian Range and weekly target in one panel - see at a glance whether today is a day to buy, to sell or to wait.
FULL DESCRIPTION
Bias Compass (Biasco) answers one question every trading day: which way should I look for trades today, and do the other factors agree? Instead of switching between daily, weekly and hourly charts, you see the answer in one panel on any chart.
WHAT IT CHECKS
1. Daily Bias - the direction suggested by yesterday's daily candle compared with the day before: continuation, reversal (liquidity taken and price closed back), inside day or outside day. If yesterday reacted to a weekly zone, that reaction takes priority.
2. Asian Range - which side of the Asian session range price touched first after the session ended.
3. Weekly target (point B) - whether the nearest weekly target (weekly fractal or weekly FVG) lies in the direction of the bias. Point A, where the current weekly move started, is shown as well.
4. Candle confirmation - a candle pattern in the bias direction after the Asian Range touch (Engulfing, Pin Bar, Fakey, Uncertainty Bar, Morning/Evening Star; PPR and Breakout on H1 and H4).
5. Market phase - Trend, Correction or Flat on the chart timeframe.
THE ANSWER AT THE TOP OF THE PANEL
- LONG! / SHORT! (green / red) - bias, Asian Range, candle pattern and weekly target all agree, and the market is not in a correction.
- LONG* / SHORT* - bias, Asian Range and a pattern agree, but the weekly target does not, or the market is in a correction.
- BULL - waiting / BEAR - waiting (amber) - bias and Asian Range agree; a confirming candle has not appeared yet.
- Neutral (grey) - no setup today, or the bias has no direction.
Below the header the panel shows each factor separately, so you always see why the answer is what it is.
ON THE CHART
- A light box over the Asian session with its high and low.
- Line A (start of the weekly move) and line B (weekly target).
- Small dots for candle patterns: green under the candle for bullish, red above for bearish. One dot per candle, chart timeframe only - the chart stays clean.
ALERTS
Two alerts, each once per day: when the Asian Range is touched, and when the signal first becomes LONG or SHORT. Each can be a popup, a sound and/or a push notification to your phone.
FEATURES
- Works on any symbol and any timeframe; M15 and H1 are the most practical.
- Bias, points A and B and patterns on closed candles do not repaint.
- The panel adapts to light and dark chart colours and can be placed in any corner.
- Manual points A and B if you prefer your own levels.
- Panel and alerts in English or Russian (automatic by terminal language).
- Optional signal output for companion Expert Advisors (terminal global variables).
MAIN SETTINGS
- Asian Range start / end (server hours) - 02:00-09:00 by default. Set them to your broker's server time.
- Which candle patterns count, and whether H1/H4 patterns are used.
- Alert type for each alert: popup, sound, push.
IMPORTANT
Biasco describes the market; it does not predict it and does not trade. A full LONG! or SHORT! can still be followed by a losing trade. Use it as a filter for your own decisions, test it on a demo account and manage your risk. Past results do not guarantee future results.
