OPEN-SOURCE SCRIPT
RoccoF-v4.4
What we built, piece by piece
1. The entry engine. We taught the script to see your setup structurally: a validated swing low (one that price rose from back to a previous high) gets swept → KEY LOW born → price rallies to the last swing high before the breakdown → RECLAIM → a sell-stop waits at the key low → the retest fills you short. Every level is defined by market structure, not time windows — which is why it works on 15m, 1H, and 4H alike.
2. The lifecycle rules. What happens when fresh structure appears mid-setup? We tested three philosophies (ratchet, orphans, fresh-wins) against your real charts and merged the best: fresh sweeps rebirth the setup, but a committed order survives as a "bridge" — it lives until the new setup confirms, catching the waterfall trades that pure replacement kept throwing away.
3. Risk management. Every trade risks exactly $100 — lot size computed from the stop distance, re-sized live as the stop (the rally high) moves. Wide stop = small lot, tight stop = big lot, every loss identical.
4. The take-profit — the hardest-won piece. Ten versions. We tried pivots, watched lows, key lows, distance filters in % and R... and every version, your eye said "not there." Then you did the homework that cracked it: your target was always the launchpad — the last low before price broke through the previous high. The base the breakout leg came from. C10 detects it at the exact break-of-structure moment, draws every live launchpad as a green line on your chart, purges it forever once swept, and parks your TP at the nearest survivor with a tighten-only ratchet so the limit is always waiting when price arrives.
1. The entry engine. We taught the script to see your setup structurally: a validated swing low (one that price rose from back to a previous high) gets swept → KEY LOW born → price rallies to the last swing high before the breakdown → RECLAIM → a sell-stop waits at the key low → the retest fills you short. Every level is defined by market structure, not time windows — which is why it works on 15m, 1H, and 4H alike.
2. The lifecycle rules. What happens when fresh structure appears mid-setup? We tested three philosophies (ratchet, orphans, fresh-wins) against your real charts and merged the best: fresh sweeps rebirth the setup, but a committed order survives as a "bridge" — it lives until the new setup confirms, catching the waterfall trades that pure replacement kept throwing away.
3. Risk management. Every trade risks exactly $100 — lot size computed from the stop distance, re-sized live as the stop (the rally high) moves. Wide stop = small lot, tight stop = big lot, every loss identical.
4. The take-profit — the hardest-won piece. Ten versions. We tried pivots, watched lows, key lows, distance filters in % and R... and every version, your eye said "not there." Then you did the homework that cracked it: your target was always the launchpad — the last low before price broke through the previous high. The base the breakout leg came from. C10 detects it at the exact break-of-structure moment, draws every live launchpad as a green line on your chart, purges it forever once swept, and parks your TP at the nearest survivor with a tighten-only ratchet so the limit is always waiting when price arrives.
Open-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.
Open-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.