Arko's Strategy Indicator

Why there are two

Arko’s Strategy comes in two versions. They give exactly the same signals; what differs is the job each one is built for.

1. Arko’s Strategy: for testing. It is a TradingView strategy script, so it runs in TradingView’s Strategy Tester. Use it to backtest the signals on your market and timeframe, and to see every simulated trade, before you rely on them.
2. Arko’s Strategy Indicator: for trading. It is a TradingView indicator that keeps the chart clean: just the Buy, Sell, Close Long and Close Short signals. Its alerts are built for automation, so they can go to your broker or to Vyuh.

Test with the strategy, then trade and automate with the indicator. This page covers the indicator.

Overview

A chart full of lines and oscillators can make it harder, not easier, to decide when a trade starts and when it ends. Arko’s Strategy Indicator takes the opposite approach. It puts four short labels on the chart: Buy, Sell, CL (Closing Long) and CS (Closing Short). That is the whole visual language.

Behind those labels sit just two settings. Strength controls how much confirmation the indicator waits for before it labels a move. Closing Mode controls whether it labels exits early or holds on for a longer move. Between them, they let you tune the indicator to a market and timeframe without wading through a long settings panel.

The description presents it as a tool “designed for traders who value simplicity and discipline”, providing “a structured approach to both entering and managing positions with visual clarity on the chart” (quoted from TradingView).

Who it suits

• Traders on any TradingView plan. The description says it works “even on the TradingView basic free plan”.
• Index, stock and F&O traders. The description says it works on almost any chart, names indices and stocks, and says “you can trade futures & options with this strategy as well”.
• People who like few, meaningful settings. Two inputs, each with a clear trade off, explained below.
• Traders who want alerts. Its second update was “Enhanced function alerts.”

Who it does not suit

• Anyone looking for tips or calls. The labels are the output of rules, not advice, and every decision is yours.
• Anyone who wants to read or modify the code. It is invite only and the source stays private.
• Anyone expecting guaranteed results. None are offered.

How it works

The published description explains the idea in plain terms: the indicator watches what it calls “smart money” presence, and the Strength setting decides how much of it must be confirmed before a label appears. In the description’s words, “more strength means waiting for more confirmation from the smart money data that might delay the signal or reduce noise, that will lead to lesser number of trades placed” (quoted from TradingView).

So the core trade off is simple:

• Lower Strength reacts sooner and labels more trades, with more chance of labelling noise.
• Higher Strength waits for more confirmation, labels fewer trades, and may label them later.

Exits follow the same thinking through Closing Mode: either close earlier and take more, shorter trades, or wait longer to try to capture more of a move.

What “smart money data” means inside the script, and how it is calculated, is not published. The script is invite only and its logic is proprietary, so this page sticks to what the public description says.

How to read it on the chart

The four labels

The description lists “4 types of messages” that appear on the chart:

A Sell label never ends an open long by itself. The long is always closed first by a CL label; the Sell then comes after it, or on the same bar as the CL.

These labels describe what the indicator’s rules are doing. They are not recommendations, and they say nothing about whether a trade would make or lose money.

Input 1: Strength

How to think about it:

• Raise Strength when the chart shows too many labels that reverse quickly. You should see fewer labels, possibly arriving later.
• Lower Strength when labels arrive too late for how you trade. You should see more labels, sooner, including more that do not follow through.
• Change one step at a time and watch the effect over a decent stretch of history, not just today’s session.

The description’s example for a 30m chart is a Strength of 1 or 2, which makes a sensible place to start on that timeframe.

For other timeframes and markets, including MCX, set Strength as the Arko’s Strategy guide PDF suggests, or pick it from the backtest results on the research pages. The Nifty reports use Strength 5 with Shorter Closing on the 5 minute chart, which is also Arko’s Strategy’s default.

Input 2: Closing Mode

Closing Mode has two options:

How to choose, according to the description:

• Start with lengthy closing. The author says, “We mostly use lengthy closing” (quoted from TradingView).
• Some charts may suit shorter closing. The description gives one example: “Ethereum works best (gives better backtesting results) with shorter closing” (quoted from TradingView). That remark is about past backtests on one instrument, which are hypothetical and do not predict future results.
• Use your own exits if you trade options. The description notes that “you can also use your own trailing profits or your own rules to determine the closing of the trade because options premiums might move differently” (quoted from TradingView). An index label does not tell you how a specific option premium will move.

Colours and plots

These are the same markers, in the same colours, as Arko’s Strategy. Colours and positions can be changed in the Style tab.

Timeframes

It works on any timeframe. We choose the timeframe from the backtests: run Arko’s Strategy, which gives the same signals, in the Strategy Tester on your market, or read the research reports, and use the timeframe that held up best there. The description’s Strength range of 1 to 6 is given for 30m and higher timeframes.

Markets

Trade Indian indices and stocks, MCX commodities, crypto and US markets. It works on almost any chart.

A clean chart

The description includes a tip for a tidier chart: open the indicator’s Settings, go to the Style tab, and uncheck Trades on chart, signal labels and quantity.

These three boxes are TradingView’s own trade markings. With them unchecked, only the Buy, Sell, CL and CS labels stay on the chart, which is how Arko’s Strategy comes set up by default.

Getting started

1. Get access. Choose a plan on the pricing page and pay online. The order form asks for your TradingView username; we never ask for your TradingView password.
2. Access arrives by itself. Once the payment goes through, the script is added to your TradingView username automatically, usually within a few minutes, and we email you when it’s done.
3. Add it to a chart. As the description puts it, “open the chart and go to add indicators and go to invite only section and from there add the indicator.” In TradingView: click Indicators, open Invite-only scripts, and choose Arko’s Strategy Indicator.
4. Pick one chart and one timeframe. Use the index or instrument you actually trade. On 30m, start with Strength 1 or 2, as the description suggests, and Closing Mode set to lengthy closing.
5. Clean up the chart. Follow the Style tab tip above if the chart looks busy.
6. Scroll back and study. Look at how the labels behaved over past weeks: in trends, in sideways stretches, around big gaps. Adjust Strength one step at a time.
7. Watch it live before acting on it. Spend some sessions watching labels appear as bars form, or use TradingView’s paper trading, before any real money is involved.
8. Set alerts if you want them. The indicator’s alerts were enhanced in its latest update. If you automate with software such as Vyuh, test with small quantities and remember that every order from your account is your responsibility.

The indicator offers alerts for Buy, Sell, Close Long and Close Short, and they are built for automation: you can send them to your own broker’s automation or to Vyuh. Start in paper mode.

Strengths and limitations

Strengths

• Two settings, each with a clear purpose. Strength trades speed against noise; Closing Mode trades trade length against trade count. Few tools are this easy to reason about.
• Plain labels. Buy, Sell, CL and CS. Nothing to interpret beyond that.
• Works on the free plan. The description says it works even on TradingView’s free Basic plan, which lowers the cost of trying it.
• Broad coverage. Indices, stocks, and futures and options, per the description.
• Practical guidance in the description. Suggested Strength ranges, a worked example for 30m, and an honest note that option premiums may need their own exit rules.

Limitations

• Signals can lag. By design, higher Strength waits for more confirmation, so labels can come later. Lower Strength reacts sooner but labels more noise. There is no setting that is both early and quiet.
• Choppy markets are hard for any signal tool. When price moves sideways, labels can flip more often than in trends. Expect to need your own judgement or confirmation in ranges.
• Settings depend on the chart. The description itself says some charts may need shorter closing and that Strength ranges differ by timeframe. Finding settings for your instrument takes testing, and settings that fit the past may not fit the future.
• Index labels are not option signals. Premiums, time decay and liquidity can behave very differently from the index chart, as the description itself warns.
• Much is not documented yet. Colours, plots, alert conditions and intended timeframes are not stated on TradingView.
• Closed code. It is invite only with private source, so you cannot audit the rules, only observe the labels.
• No published performance. No figures are given on TradingView or on this site. You judge it yourself.

Release notes

All times in IST.

The full guide, with inputs, suggested settings by market, alerts and automation, is the Arko’s Strategy guide (PDF).

Frequently asked questions

What do Buy, Sell, CL and CS mean? Buy and Sell mark the start of a long or short position. CL means Closing Long and CS means Closing Short. They are labels from the indicator’s rules, not recommendations.

What does the Strength setting do? It sets how much confirmation the indicator waits for, based on what the description calls smart money presence. Higher Strength means more confirmation, possibly later labels, less noise and fewer trades. It can be any whole number of 1 or more; 1 to 15 is the usual range, and 1 to 6 on 30m and higher timeframes.

Which Closing Mode should I use? The author mostly uses lengthy closing, which waits to capture more of a move. Shorter closing exits earlier and gives more trades, and some charts may suit it better. If you trade options, you may prefer your own trailing or exit rules.

Does it work on the free TradingView plan? Yes, according to the description: it works “even on the TradingView basic free plan”. Alerts sent to automation software use webhooks, which on TradingView need a paid plan.

Which markets can I use it on? Almost any chart, per the description: indices, stocks, and futures and options. We focus on Nifty, BankNifty, Sensex and MCX.

How is it different from Arko’s Strategy? They give the same signals. This page’s script is the indicator version: a clean chart with Buy, Sell, Close Long and Close Short signals, and alerts built for automation. Arko’s Strategy is the strategy version: use it to backtest in TradingView’s Strategy Tester. Test with the strategy, trade and automate with the indicator.

Can I see the code? No. The script is invite only and the code stays private.

Does it tell me what to trade? No. We are not SEBI registered and do not give recommendations, tips or calls. Every decision is yours.