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Compass guide

How to use Stoic Edge Compass

Stoic Edge Compass is an invite-only TradingView indicator for discretionary traders. After the current bar closes, it publishes a Green, Red, or Yellow chart read. Green favors long setups, Red favors short setups, and Yellow means slow down. Compass does not choose the entry, stop, size, or exit. That decision stays in your plan. Access is $49 per month or $497 per year.

Start with the latest Green, Red, or Yellow after the current bar closes. Check the chart context, then wait for a setup that fits your plan.

Updated · Stoic Trader

Compass gives you chart context. You still choose every setup, entry, stop, position size, and exit.

Get Stoic Edge CompassView on TradingView
Gold futures one-minute chart showing Compass color markers, shaded context zones, automatic support, and annotated news and New York open periods.
Gold futures, one-minute example. Start with the latest Compass marker, then check price action, session timing, your setup, and your risk plan before deciding whether there is a trade.

Read the latest color

What do Green, Red, and Yellow mean?

Green, Red, or Yellow comes first. Treat the color as the first piece of context. Your setup decides whether a trade is available.

Green

Favor long setups

Use Green as bullish context. Continue only when a long setup from your own plan is present and the risk fits.
Red

Favor short setups

Use Red as bearish context. Continue only when a short setup from your own plan is present and the risk fits.
Yellow

Slow down

Pause and reassess before considering another trade. Yellow is caution and does not predict a reversal.
Compass color meanings and the decisions that stay with the trader
ColorMeaningYou still decide
GreenFavor long setupsWhether a long setup in your plan is actually present, and how much risk to take.
RedFavor short setupsWhether a short setup in your plan is actually present, and how much risk to take.
YellowSlow downWhether to wait, reduce activity, or skip the chart until your setup is clear.

How do I use Compass each session?

Use the same order every time so the color, the chart, and your plan stay in one sequence.

  1. 1Choose the symbol, timeframe, and session used by your trading plan.
  2. 2Wait for the current bar to close, then read the latest Green, Red, or Yellow state.
  3. 3Check whether the rest of the chart supports the same idea.
  4. 4Wait for your own setup and entry criteria before acting.
  5. 5Set the stop, position size, and exit plan before risking capital.

Should I use TradingView alerts?

Use alerts as a review prompt. Compass includes TradingView alerts for its main Green, Red, and Yellow states.

When an alert fires, open the chart after the bar closes. Read the current color, check the chart context, and run through your own setup and risk checklist.

How should I set up the display?

Keep the chart readable. Begin with the default view. Add optional context only when it has a clear place in your trading plan.

Start with the markers
Keep Green, Red, and Yellow visible while you learn the workflow. Read the latest color before checking anything else.
Add only the context you use
Optional candle colors, key zones, and the timeframe view can support your review. Hide anything that does not help your process.
Keep reviews comparable
Use the same symbol, timeframe, session, and settings when reviewing a past decision.

What does Compass not do?

Know the limits before you treat any color as a reason to trade.

  • Read new Compass states after the current bar closes.
  • Use every marker as chart context, never as an automatic entry.
  • Markets can reverse, consolidate, or move unexpectedly after any reading.
  • Keep the same symbol, timeframe, session, and settings when reviewing a past decision.