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LNRSI Quad-Lock Visual Scanner

Chart Flipper Scanner

Add to chart, flip through your watchlist - stop when the screen turns GREEN. That's Quad-Lock.


Source Code

View Source Code


Overview

The Quad-Lock Scanner is designed for rapid watchlist screening. Instead of managing complex dashboard scripts, this indicator gives you an instant visual signal:

  • 🟢 GREEN Background = All 4 timeframes aligned (Quad-Lock) - ANALYZE THIS SETUP
  • Normal/Gray = Mixed signals - SKIP, press Down Arrow

The Math Behind It

The scanner calculates four layers on every candle:

flowchart TD
    A[Price / SPY Ratio] --> B[Stochastic Normalization<br/>0-100 scale over 78 bars]
    B --> C[Fractals Energy<br/>Measures market choppiness]
    C --> D[Laguerre Filter<br/>Smooths with zero lag]
    D --> E{Value > Signal?}
    E -->|Yes| F[BULLISH ✅]
    E -->|No| G[BEARISH ❌]

How to Use (Scanning Workflow)

Step-by-Step

  1. Add this script to your chart (5-minute timeframe)
  2. Open your Watchlist on the right side of TradingView
  3. Click the first stock
  4. Look at the screen:
  5. 🟢 GREEN? → Stop and analyze the setup
  6. Normal? → Press Down Arrow key
  7. Repeat through your watchlist

Why This Works

Traditional Dashboard Quad-Lock Scanner
Complex multi-symbol scripts Simple per-chart indicator
Resource heavy, slow Lightning fast
Information overload Binary decision: Green = Go
Hard to manage 100+ stocks Flip through 100 stocks in minutes

The Quad-Lock Conditions

The screen turns GREEN when all 4 timeframes are BULLISH:

Timeframe What It Checks
Current (5m) Normalized RS > Signal Line
15 Minute Normalized RS > Signal Line
1 Hour Normalized RS > Signal Line
Daily Normalized RS > Signal Line

Information Table

The bottom-right table always shows WHY it's not Quad-Lock:

┌───────────┬───────┐
│ Timeframe │ Trend │
├───────────┼───────┤
│    5m     │ BULL  │  ← Current chart
│    15     │ BULL  │  ✓ Aligned
│    60     │ BEAR  │  ✗ This is blocking!
│     D     │ BULL  │  ✓ Aligned
└───────────┴───────┘

This tells you: "The 1H is bearish - that's why no Quad-Lock."


Configuration

Setting Default Description
Benchmark SPY Reference for relative strength
Lookback 78 Bars for normalization (78 = 1 full trading day on 5m)
tf1 15 First higher timeframe
tf2 60 Second higher timeframe
tf3 D Third higher timeframe (Daily)

⚠️ Critical: Extended Hours Setting

TURN OFF Extended Hours

Use this indicator with Extended Hours TURNED OFF (RTH only).

Why Extended Hours Breaks the Math

1. The "78 Bar" Math Breaks

  • Extended Hours OFF: 78 bars = exactly one trading day (6.5 hours)
  • Extended Hours ON: 78 bars might only reach back to 4:00 AM - you lose "Yesterday vs Today" context

2. The "Ghost" Ratio Problem

Time SPY AMD Problem
5:00 AM Trading actively Sleeping (no volume) -
Result SPY moves up AMD stays flat Math says "AMD crashing vs SPY!"
Reality AMD isn't crashing Just no trades False bearish signal

When market opens at 9:30 AM, the indicator whipsaws violently to correct itself.

3. Fractals Hate "Thin" Data

Pre-market price action is: - Gappy and jagged (low efficiency) OR - Completely flat (artificial high efficiency)

This feeds "garbage data" into the Laguerre filter.

How to Turn Off Extended Hours

Bottom right of TradingView chart: - Switch EXTREG - Or uncheck "Extended Trading Hours" in chart settings

Pro Tip

If you want to see pre-market Highs/Lows (they're important levels), draw horizontal lines manually or use a separate "Session Breaks" indicator. Keep your Quad-Lock scanner on RTH data only.


The Quad-Lock Momentum Strategy

Entry Conditions (Long/Call Options)

  1. Dashboard Check: At least ¾ timeframes show "BULL" (Green)
  2. Background Check: Chart background is GREEN (total confluence)
  3. Zone Breach: 5-minute Laguerre Line crosses:
  4. Above 0.2 = "Turnaround Play" (Higher Reward, Lower Win Rate)
  5. Above 0.8 = "Momentum Breakout" (High Win Rate, Lower Reward)

Entry Trigger

  • Wait for candle close (never enter mid-candle)
  • Blue Line must be above Orange Signal Line
  • 🎯 Buy: ITM or ATM Calls, 7-14 DTE

Stop Loss

Type Trigger Action
Hard Stop Blue Line crosses below Orange Line Exit immediately
Catastrophic Stop Background turns RED Exit immediately

Profit Taking

Target Condition Action
Target 1 Blue Line hits 1.0 (or flattens) Sell 50%
Target 2 Blue Line crosses below Orange Sell remaining

Expert Nuances

1. The "Lookback" Rule

For day trading, use 78 bars (one full trading day). This ensures you're buying the DAY's leaders, not just the last hour's lucky winner.

2. The "Morning Fake-out"

Avoid First 15 Minutes

Skip signals from 9:30 - 9:45 AM. The Relative Strength calculation needs data to stabilize. Let the market pick a direction first.

3. The "Divergence" Trap

Price Action Laguerre NormRS Signal
Higher High ↑ Higher High ↑ ✅ Valid momentum
Higher High ↑ Lower High ↓ ❌ DIVERGENCE - Bull trap!

If price is making new highs but the indicator isn't, the stock is losing power relative to SPY. Do NOT buy.


Alerts

Alert Trigger
Quad-Lock Active All 4 timeframes bullish
Quad-Lock Lost Any timeframe turns bearish


Changelog

Date Version Changes
2024-12-10 1.0 Initial release