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Trading product for ApproachScope-v1.0.0 Indicator Key Levels ATR, image 1
ApproachScope-v1.0.0
Indicator
Version 1.0, Jul 2026
Windows, Mac
Trading product for ApproachScope-v1.0.0 Indicator Key Levels ATR, image 2
Trading product for ApproachScope-v1.0.0 Indicator Key Levels ATR, image 3
Trading product for ApproachScope-v1.0.0 Indicator Key Levels ATR, image 4
Trading product for ApproachScope-v1.0.0 Indicator Key Levels ATR, image 5
Since 17/06/2026
102
Free installs

Description

READ THE APPROACH - BEFORE PRICE REACHES YOUR LEVEL

ApproachScope turns one trader-selected level into a clear, factual dashboard. It shows how price is arriving, how much the level has already been tested and whether the current data is reliable—especially useful for XAUUSD execution on M1–M15.

WHAT YOU SEE IN ONE SECOND

  • Market state: WAITING, APPROACHING, AT LEVEL or MOVING AWAY
  • Approach character: ORDERLY, COMPRESSED, IMPULSIVE, ERRATIC or MIXED
  • Level wear: FRESH, TESTED, WORN or CHOPPED
  • ATR-normalised distance, path efficiency, test count and live spread context

HOW IT WORKS

Drag the amber line to your own support, resistance, session, range or higher-timeframe level. ApproachScope analyses completed bars around that exact price. Every classification includes a short factual reason—there is no unexplained probability score.

HOW TO READ THE PANEL

  • APPROACHING - price is progressing toward your level
  • AT LEVEL - the completed bar interacted with the level zone
  • MOVING AWAY - price is leaving the level
  • MARKET CLOSED / INSUFFICIENT DATA - analysis is unavailable or less reliable

BEST FOR

Discretionary intraday traders who choose their own levels and want cleaner context before deciding. All chart timeframes and symbols with valid OHLC and scale data are supported. Broker-specific XAUUSD prefixes and suffixes are handled without exact-name dependency.

KEY SETTINGS

Zone width in ATR, minimum zone in ticks, touch separation, ATR and baseline periods, approach and wear lookbacks, near distance, spread warning, live distance, theme and panel scale.

LOCAL, PRIVATE AND SAFE

ApproachScope runs locally with cTrader access rights set to None. No account history, telemetry, network connection or external server. It cannot place, modify or close trades.

IMPORTANT LIMITATIONS

ApproachScope does not find levels, issue buy or sell signals, predict a bounce or breakout, calculate win probability, TP or SL, or fetch news. ORDERLY describes the recent path; it is not a recommendation. FRESH does not guarantee a bounce, and CHOPPED does not guarantee a breakout. Results depend on broker data, spread, history and symbol specifications. Trading involves risk; always use independent confirmation and risk management.

Summary

AI summary
ApproachScope is a trading indicator designed to analyze how price approaches a trader-selected level using closed-bar path, volatility, and level wear. It provides a concise dashboard showing the market state—such as WAITING, APPROACHING, AT LEVEL, or MOVING AWAY—and characterizes the approach as ORDERLY, COMPRESSED, IMPULSIVE, ERRATIC, or MIXED. The indicator also assesses level wear (FRESH, TESTED, WORN, or CHOPPED) and displays ATR-normalized distance, path efficiency, test count, and live spread context.

Users set a level by dragging an amber line to their chosen support, resistance, session, range, or higher-timeframe price. ApproachScope analyzes completed bars around this level, offering factual classifications with explanations rather than probabilistic scores. It supports all chart timeframes and symbols with valid OHLC and scale data, with special handling for XAUUSD on M1–M15 timeframes.

The indicator runs locally without network access or trade execution capabilities, ensuring privacy and safety. Key configurable settings include zone width, minimum zone size, lookback periods, spread warnings, and panel display options. ApproachScope is intended for discretionary intraday traders seeking clearer context on price behavior near key levels.
Indicator profile

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Discussion

FAQ

Key Levels
ATR
Support & Resistance
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Price

Since 17/06/2026
102
Free installs