The Bull Chart Spheres Indicator is a specialized bullish setup tool that combines moving average channels with price-based accumulation analysis to identify precise long opportunities. When conditions align, the script automatically plots entry, stop loss, and profit target levels—making it easy for traders to execute with discipline and confidence.
Key Features:
✅ Williams A/D Confirmation (No Volume) – Uses price-only accumulation vs. distribution to validate bullish setups.
✅ Dual Moving Averages – Tracks both high- and low-based simple moving averages to define the trading channel.
✅ Automatic Trade Levels:
• Buy Level – Entry plotted when price dips below the low SMA with accumulation strength.
• Stop Loss – Dynamically calculated level below the channel for risk control.
• Profit Target 1 (PT1) – First objective aligned with high SMA.
• Profit Target 2 (PT2) – Extended target for capturing larger moves.
✅ Clear Chart Markers – Arrows and spheres make entries, exits, and targets easy to see in real time.
Perfect For:
Traders who focus on bullish trend setups and want a structured framework with predefined risk/reward. Ideal for swing traders and intraday traders looking for repeatable, disciplined entries.
The Bull Chart Spheres Indicator is a specialized bullish setup tool that combines moving average channels with price-based accumulation analysis to identify precise long opportunities. When conditions align, the script automatically plots entry, stop loss, and profit target levels—making it easy for traders to execute with discipline and confidence.
Key Features:
✅ Williams A/D Confirmation (No Volume) – Uses price-only accumulation vs. distribution to validate bullish setups.
✅ Dual Moving Averages – Tracks both high- and low-based simple moving averages to define the trading channel.
✅ Automatic Trade Levels:
• Buy Level – Entry plotted when price dips below the low SMA with accumulation strength.
• Stop Loss – Dynamically calculated level below the channel for risk control.
• Profit Target 1 (PT1) – First objective aligned with high SMA.
• Profit Target 2 (PT2) – Extended target for capturing larger moves.
✅ Clear Chart Markers – Arrows and spheres make entries, exits, and targets easy to see in real time.
Perfect For:
Traders who focus on bullish trend setups and want a structured framework with predefined risk/reward. Ideal for swing traders and intraday traders looking for repeatable, disciplined entries.
