Academy
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Valhalla Academy · Start here

Learn your three tools in about 30 minutes.

Most people add Valhalla to a chart and start guessing. This short course shows you what every line, label and number means, one tool at a time, with live charts you can play with. No videos to sit through, no jargon left unexplained.

Three rules that apply to every Valhalla tool

1
Match the chart to the setupRight market, right timeframe. Everything Valhalla shows is tuned to what's on your screen.
2
Check the numbers firstPerformance grades and A/B/C labels exist so you can skip the weak setups.
3
Know your exit before you enterEvery setup comes with targets and a stop. Decide which one you'll use before you click.

Your progress saves automatically in this browser. Valhalla tools are for education and analysis. Past results, including the backtest statistics shown inside the indicators, don't guarantee future results. All charts in this course run on generated demo data.

Module 1 · Valhalla Indicator

Add Valhalla to your chart

You only do this once. Watch the clicks below, then repeat them on your own TradingView. The same steps work for Valhalla SMC and Valhalla Scalper when you get to those modules.

Watch

Adding Valhalla, click by click

XAUUSD+5m▥ ƒx Indicators⊞⏰ Alert⏪ Replay ⛶⚙📷
Gold Spot / U.S. Dollar · 5 · OANDA
Valhalla Indicator👁⚙✕⋯XAU/USD (Gold) - OANDA | 1m, 5m, 15m, 1h · Use Strategy Settings · 50 · Statistics · Regular · Default · Small · 1,000 · 0.5
Indicators, metrics & strategies ✕
FavoritesPersonalTechnicalsFinancialsCommunityInvite-only scripts
Chart settings ✕
SymbolStatus lineScales and linesCanvasAlertsEvents
SYMBOL
Title
INDICATORS
Titles
Inputs
Values
Background
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Lifetime members see "Valhalla Indicator | Lifetime": the same tool plus automation extras. While you learn, keep one Valhalla tool per chart so the drawings don't overlap.
✓
Optional: get the Valhalla look. Chart settings ⚙ → Canvas → Background → dark navy (#0A0D33). Valhalla colors the candles white and blue on its own.
!
Don't see Valhalla under Invite-only scripts? Double-check the TradingView username you gave us (it's case-sensitive), refresh the page, then message support on Telegram. Access is usually fixed in minutes.
Module 1 · Valhalla Indicator

Pick a strategy, then match your chart

Valhalla Indicator isn't one setting for everything. Each strategy in the Strategy menu (the very first setting) is tuned for one market and a few timeframes. Your chart has to show that same market on one of those timeframes, or the levels and numbers won't mean what they should.

How to read a strategy name

BTCUSDT.P - Binance | 1m, 5m, 15m, 1h
Symbol

BTCUSDT.P: the exact ticker to open. ".P" is the perpetual contract.

Data feed

Binance: the exchange or data source to pick in the symbol search.

Timeframes

1m, 5m, 15m, 1h: the chart timeframes this strategy was tuned for.

Try it

Strategy finder

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The default is BTCUSDT.P (Binance). If your chart shows gold but the Strategy menu still says BTC, every level and statistic is being read with the wrong recipe. Always switch the Strategy first.
+
Your market isn't listed? Load a few strategies on it and compare them in the Statistics panel (covered a few lessons ahead). If one holds up, you can use it. The numbers are a backtest, so treat them as a guide, not a promise.
Module 1 · Valhalla Indicator

See the next entry before it happens

This is what makes Valhalla different. The moment you add it to a chart, you see whether a position is open right now and exactly where the next long or short would start. No waiting for an alert, no chasing the move: you get prepared.

1 · On the chart

Next entry labels

A green "Long at" and/or a red "Short at" label with a cross marks the price where the next position would open. While a short is open you see "Long at", and while a long is open you see "Short at".

2 · In the panel

The Helper Panel

Settings ⚙ → Visual Settings → Panel: Helper Panel. It shows the current position and the next position: its direction, entry, TP1, TP2, TP3 and SL.

3 · Be ready

Orders in place

With the next entry, targets and stop in hand, you can place a stop market order at the entry (buy stop at "Long at", sell stop at "Short at") with TP and SL attached. You're in when price gets there, without waiting for it to trigger.

Watch

From "Long at" to an open LONG

Demo data · 5m

Swipe the chart sideways to see all of it →

!
Next entry levels are dynamic. As price action develops, Valhalla can adjust the next entry, and the next position's TP and SL update with it. That's why the panel says "subject to change". Check the levels before you place an order, and update your order when they move. Turn on the Next Entry / Stop Loss Update alerts (see the alerts lesson) to be told the moment that happens.
Module 1 · Valhalla Indicator

Read a position on the chart

Everything Valhalla Indicator draws has one job. Tap the numbered dots on the chart, or use the buttons below it.

Explore

Anatomy of a Valhalla position

Demo data · 5m

Swipe the chart sideways to see all of it →

Watch

Now watch positions play out, candle by candle

Press play

Swipe the chart sideways to see all of it →

Events show up here as they happen: positions opening, targets reached, the stop moving.
The real thing: Valhalla Indicator on gold (XAUUSD, 5m) in TradingView replay.1:27 · no sound
Module 1 · Valhalla Indicator

How targets and stops relate

Every position comes with a plan: an entry, three targets and a stop. Here's how to read the relationship between them, using the same settings you'll find in the indicator.

  1. The "Long at" and "Short at" labels show where the next position would open. When price reaches one of them, a position opens there.
  2. The distance between those two levels when the position opens is the range of the position.
  3. The three targets sit beyond the entry at a multiple of that range. Each strategy comes with its own distances, so you don't need to set anything.
  4. The stop starts at a share of the range (the Mid-Range Value setting, 50% by default). As new levels form, it moves in your favor. It only ever tightens.
Try it

Range lab: change the numbers, watch the plan change

Example values

Starts at the defaults of the custom target settings (0.3 / 0.4 / 0.5). TP1 and TP2 follow TP3 in this demo.

"Win rate to break even" = the share of positions that must reach a target just to break even at that reward-to-risk. It's the same number the Statistics panel calls Breakeven Accuracy.
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The big idea: TP1 is close, so it gets hit often but pays less. TP3 is further, so it pays more but gets hit less. Neither is better. The Statistics panel (next lesson) shows how each one actually performed on your market.
Module 1 · Valhalla Indicator

Check the numbers before you act

The Statistics panel replays the selected strategy over every candle your TradingView plan loads and shows you how each target performed. It's off by default. Turn it on here:

Settings ⚙→Visual Settings→Panel: Statistics
Explore

The Statistics panel, row by row

Example numbers

Each column answers one question: "What if I had closed the whole position at this target, every time?"

The Performance Grade

🔥 Strong

Follow it

The strategy has performed well on this market and timeframe.

👍 Solid

Follow it

Good enough to use. Keep an eye on the numbers over time.

⚠️ Risky

Skip it

Try another strategy on this market, or another market for this strategy.

✓
Our rule of thumb: only follow strategies graded 👍 Solid or 🔥 Strong on the exact market and timeframe you're looking at. The full grading method is explained in the documentation.

Which target fits you?

TP1 · closest

Frequent wins

Highest hit rate, smallest reward per position. Feels rewarding day to day. Good if you like to bank quickly.

TP2 · balanced

The sweet spot

Balances accuracy and reward. The most robust profile for most people who want steady, smooth execution.

TP3 · furthest

Bigger moves

Lower hit rate, higher reward and usually the best expectancy. Suits disciplined or automated setups that can sit through losing streaks.

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How much history is in the panel? It depends on your TradingView plan. Premium loads about 20,000 candles, roughly two months of 5-minute data. The "Max past trades to include in Statistics" setting lets you limit it to recent history.
Module 1 · Valhalla Indicator

The settings that matter

You can leave almost everything on default. Click any setting below to see what it does and when to touch it.

✓
Day-one recipe: pick the Strategy that matches your chart → set Panel to Statistics (or Helper Panel) → leave everything else alone until you know why you'd change it.
Explore

Valhalla Indicator settings

Mirrors the real Inputs tab

Helper Panel vs Statistics panel

Helper Panel shows the selected strategy, its Performance Grade, the current position (direction, entry, TP1–TP3, stop, with ✅ on targets already reached) and the next position's details, marked "subject to change". Statistics shows the backtest. Switch between them any time; many members check Statistics once, then keep the Helper Panel on.

Module 1 · Valhalla Indicator

Experiment with settings, then check the numbers

Every strategy comes ready to use, but you're free to tweak it to fit your style. Small changes can move the results a lot, in either direction. So the rule is simple: change one thing, then check the Statistics panel on the same symbol and timeframe.

Compare

Same strategy, three setups: XAUUSD 5m

Real Statistics panels

Lesson 1

Let winners run, sometimes

On this market, holding until the opposite entry (B) meant fewer positions but a higher reward per win, and the best TP3 net profit of the three.

Lesson 2

Win rate isn't everything

Turning off the Mid-Range stop (C) pushed accuracy up to 88%, yet the reward per win shrank and the grade dropped to ⚠️ Risky. Always read the whole panel.

Lesson 3

Every market is different

What works on gold 5m may not work on another market or timeframe. Test each change where you'll actually use it, and click Defaults → Reset settings to go back any time.

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Good settings to experiment with: Close Trade On, Mid-Range Invalidation and its %, Move Stop Loss to Breakeven, and custom target multipliers. Change one at a time so you know what made the difference. These are past results on the loaded history, not a promise of future ones.
Module 1 · Valhalla Indicator

Let alerts do the watching

You don't need to stare at the chart. Valhalla has three alert types, and one TradingView alert covers all of them.

1 · Long / Short

A position opened

Fires when a new position starts. The message includes the entry, all three targets with their accuracy, the stop and the strategy's stats.

2 · Next entry / stop update

A level moved

Fires when Valhalla adjusts the next entry. Remember, that level is also the dynamic stop of your current position.

3 · Get ready

Price is getting close

Fires when price comes within a set distance of the next entry (0.5% by default), so you can prepare before it happens.

Set it up in 4 steps

  1. Open the chart that matches your strategy (same symbol, same timeframe).
  2. In the indicator settings, under Main Alerts Settings, keep the three alert types on (they're on by default).
  3. Open TradingView's alert window: the ⏰ icon in the top bar, or Alt + A.
  4. Condition: Valhalla Indicator → Any alert() function call. Choose how you want to be notified, then click Create.

One alert per chart. Want alerts on three strategies? Set three alerts, each on its own chart.

Create alert on XAUUSD
ConditionValhalla Indicator
Any alert() function call
TriggerOnly once per bar
ExpirationOpen-ended
NotifyApp · Toast · Email · Webhook (optional)

What an alert looks like

#
Don't want to set alerts at all? Our Discord already posts the alerts for every Valhalla strategy. Join it and pick the channels you care about.
⚡
Lifetime members: you also get separate LONG and SHORT alert conditions, built for webhook automation. Pick them in the Condition dropdown instead of "Any alert() function call".
Module 1 · Valhalla Indicator

Checkpoint: Valhalla Indicator

Five quick questions. Get them all right to complete the module. Wrong answers just show you why; try again as often as you like.

Module 2 · Valhalla SMC

Structure first: swings, BOS and CHOCH

Valhalla SMC reads market structure the way an experienced chartist would. Then it builds everything else on top of it: the trend band, the labels, the order blocks and the grades. Step through the basics.

Step through

How structure works

BOS · Break of Structure

The trend continues

Price breaks the last swing in the direction of the trend. Uptrend breaks a high, downtrend breaks a low. Valhalla draws a thin cyan or red line labeled BOS.

CHOCH · Change of Character

The trend shifts

Price breaks the last swing against the trend. That's the first sign the other side has taken over. Valhalla draws a gold line labeled CHOCH, and this is where BULL and BEAR labels appear.

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When does a BULL/BEAR label appear? On the candle that breaks the swing and changes the structure (the CHOCH), as soon as that candle closes. It never moves to an earlier candle afterwards.
Module 2 · Valhalla SMC

Time Horizon: the one setting worth experimenting with

Time Horizon decides how big a swing has to be before it counts. Change it and the structure changes, so every label on the chart changes with it. Drag the slider and watch.

Try it

Time Horizon lab

Swipe the chart sideways to see all of it →

Time Horizon 10
Real chart

Same gold chart, two Time Horizons

Valhalla SMC on XAUUSD 5m with Time Horizon 10: many BULL, BEAR, BUY and SELL labels following shorter trends The same XAUUSD 5m chart with Time Horizon 40: fewer labels following one long downtrend and one long uptrend
Time Horizon 10, the default: faster reactions, more swings, more labels. Good for shorter moves.
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Our starting advice: begin with the default (10). If you prefer to follow longer trends, try a higher value such as 40 on the same symbol and compare. Time Horizon is one of the two most important settings in Valhalla SMC. It changes the structure the tool focuses on, and so every setup you'll see. Find it under Settings → Market Structure → Time Horizon (3 to 40). The other one, the trend band's ATR Multiplier, is next.
Module 2 · Valhalla SMC

ATR Multiplier: the other key setting

Time Horizon shapes the structure. The ATR Multiplier shapes the trend band, and the band is where the BUY / SELL pullback labels come from. Change it and you change which pullbacks count, so it's worth experimenting with just as much.

Try it

Band distance lab

Swipe the chart sideways to see all of it →

ATR Multiplier
Real chart

Same gold chart, two band distances

Valhalla SMC on XAUUSD 5m with ATR Multiplier 3: the trend band sits close to price and many BUY and SELL pullback labels appear The same XAUUSD 5m chart with ATR Multiplier 5: the band sits further from price and fewer, deeper pullback labels appear
ATR 3, the default: the band hugs price, so more pullbacks reach it and more BUY/SELL labels print.
Lower (2)

More pullback labels

The band sits close to price. Shallow pullbacks reach it, so BUY/SELL labels print more often, with more noise.

Default (3)

Balanced

A good starting point on most markets and timeframes.

Higher (4–5)

Fewer, deeper pullbacks

The band sits further away. Only deeper pullbacks reach it, so you get fewer, more selective BUY/SELL labels.

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Where to find it: Settings → Trend Band → ATR Multiplier (band distance). It doesn't change the structure or the BULL/BEAR labels; that's Time Horizon's job. Tune the two together: Time Horizon for the trend you follow, ATR Multiplier for how deep a pullback must be before you join it.
Module 2 · Valhalla SMC

Read the SMC chart

There's a lot on screen, but each piece answers one question. Tap the numbered dots.

Explore

Anatomy of Valhalla SMC

Demo data · 5m · Horizon 10

Swipe the chart sideways to see all of it →

Candle colors at a glance

Bullish structure Bearish structure Up candle reacting at the band Down candle reacting at the band

Orange and purple candles mean price is testing the trend band. That's where pullback entries (BUY/SELL) tend to form.

The real thing: Valhalla SMC on gold (XAUUSD, 5m) in TradingView replay.0:58 · no sound
Module 2 · Valhalla SMC

A, B, C: focus on the strongest setups

Every BULL, BEAR, BUY and SELL label carries a letter. A = high conviction, B = standard, C = low conviction. You don't need to act on every label. The grade tells you which ones deserve your attention.

★
Where to start: focus first on BULL / BEAR (CHOCH entries) and BUY / SELL (pullback continuation) labels graded A or B. Those carry the higher conviction.
Try it

Minimum Grade to Show Signal

Swipe the chart sideways to see all of it →

A

High conviction

The ones to focus on. Many members only act on A labels.

B

Standard

Worth considering, especially alongside your own read of the chart.

C

Low conviction

Shown by default so you see the full picture. Hide them with the setting above.

Module 2 · Valhalla SMC

Targets and stops

When a new label prints, Valhalla SMC draws the plan: a grey entry line and up to three targets, extended to the right until the next label replaces them.

Diagram

A BULL setup in Smart mode

TP1 Swing

Nearest swing

The closest swing beyond your entry. For pullback entries, it's the swing where the pullback started.

TP2 OB

Nearest opposing order block

The edge of the closest order block on the other side, where opposing orders sit.

TP3 Liq

Higher-timeframe liquidity

The nearest previous 4-hour or daily high or low that price hasn't taken yet.

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Missing a target? In Smart mode, a target that doesn't exist on the chart is simply skipped, so sometimes you'll see only TP1 and TP3. Prefer fixed distances? Switch Target Mode to Fixed R Multiples (0.5R, 1R and 1.5R by default).
!
The stop line is hidden by default. You manage your own stop. Your invalidation level: for BULL/BEAR, the swing that created the CHOCH (just below a BULL label, just above a BEAR label). For BUY/SELL, the most recent swing. Turn on Show SL Level to see it drawn.
Module 2 · Valhalla SMC

Settings and alerts

Defaults are solid. Time Horizon is the one to experiment with; the rest is mostly about what you want to see.

Explore

Valhalla SMC settings

Mirrors the real Inputs tab

Alerts: pick each one by name

Valhalla SMC alerts are separate conditions. Open the alert window (Alt + A), choose Valhalla SMC, then pick one condition per alert:

BULLBEARBOS BullishBOS BearishContinuation BUY (Band Pullback)Continuation SELL (Band Pullback)

Tip: start with BULL and BEAR. They're the structure-shift entries.

Read more

The full SMC guide covers every setting in depth.

Open the SMC docs ↗
Module 2 · Valhalla SMC

Checkpoint: Valhalla SMC

Five questions to lock it in.

Module 3 · Valhalla Scalper

Stretch, then snap back

The Scalper works on one simple idea: when price stretches too far from its average, it tends to snap back. Valhalla measures that stretch in three zones and only shows entries in the direction of the trend.

01 · DIRECTIONTrend ribbonGreen: look for buys only. Red: sells only.
02 · ENTRYEntry markerA circle, triangle or diamond prints when price stretches into a zone.
03 · EXITLiquidity levelThe nearest yellow level, marked "Liquidity Target", is your take profit.
04 · STOP1:1 riskPut your stop the same distance away as your target.
See it

The three entry levels, the trend and the targets

Demo data · 15m

Swipe the chart sideways to see all of it →

Buy 1 / Buy 2 / Buy 3: where the next marker of each tier would fire Trend ribbon (green = buys only) Liquidity levels: your exit
★
In one line: the trend tells you the direction, the marker tells you when, the liquidity level tells you where to get out.
Module 3 · Valhalla Scalper

The trend ribbon picks your side

The colored ribbon is the first thing to look at. Price above it (green) means only buy entries are shown. Price below it (red) means only sells. You never fight the trend, and a big chunk of the noise disappears.

Try it

Switch the trend filter off, then on again

Swipe the chart sideways to see all of it →

🧭 Enable Trend FilterWith the filter off, you'd see every marker, including the ones fighting the trend.
Trend Filter Type & Length

EMA 200 by default

Works well for most setups. You can switch to SMA, VWAP, Hull (HMA) or Double EMA (DEMA). For HMA and DEMA, a length around 100 is a good start.

Our recommendation

Use a higher timeframe for the trend

Leave Trend Filter Timeframe blank to use your chart's timeframe, or set it higher. Scalping the 5m? Set the trend to 1 hour (or 30 minutes) so every entry lines up with the bigger picture.

Ribbon Width only changes how thick the ribbon looks. It doesn't change any entry.

Module 3 · Valhalla Scalper

Circles, triangles, diamonds

Three shapes, three zones. The further price stretches, the bigger the shape and the stronger the expected snap-back.

● Tier 1 · circle

Most frequent

Fires when price touches the inner zone. For experienced scalpers who want to catch almost every bounce. On by default.

▲ Tier 2 · triangle

Start here

Price pushed further but lacked the momentum for the outer zone. The sweet spot for most people. On by default.

◆ Tier 3 · diamond

Big stretch

A strong deviation from the average with the highest odds of a snap-back. If price breaks through instead, it can mark a trend change. Off by default.

Try it

Turn each tier on and off

Swipe the chart sideways to see all of it →

●Tier 1 ▲Tier 2 ◆Tier 3 Show Scalper Bands
✓
New to scalping? Start with triangles only. Get comfortable, then add circles if you want more entries.
→
The labels on the right ("Buy 1", "Buy 2" or "Sell 1", "Sell 2") show the exact price where the next marker of each tier would fire. Only the trend side is shown. Use them to plan ahead or place limit orders.
Module 3 · Valhalla Scalper

Liquidity levels are your exit

The yellow lines are the previous daily (solid, thicker) and 4-hour (dashed) highs and lows. Lots of orders sit there, so price tends to travel to them. A level disappears once price moves through it.

Explore

Liquidity levels and the target label

Swipe the chart sideways to see all of it →

See the yellow 🎯 Liquidity Target label? That's your take profit. In an uptrend it marks the nearest level above price; in a downtrend, the nearest level below.
Try it

Setup planner: target in, stop out

The recommended stop for the Scalper is a 1:1 setup: the same distance from entry as your liquidity target.
↧
Pro tip for 1m to 3m charts: daily levels can be far away. Open Liquidity Levels in settings and change the second slot from 4 hours to 1 hour or 15 minutes for closer targets. Match the liquidity timeframe to your chart timeframe.
🔔
New, closer level appeared? Turn on Liquidity TP Alerts and you'll get a message like "📍 New Long TP Level: 4413.01" so you can move your target without opening the chart.
The real thing: Valhalla Scalper on gold (XAUUSD, 5m) with the ribbon, entry levels and liquidity target.0:23 · no sound
Module 3 · Valhalla Scalper

Recommended settings and alerts

Keep it simple. Here's the setup we recommend for getting started, and how to make the Scalper alert you.

Entry markers

Tier 1 and 2 on (default). Turn on Tier 3 for the big stretches, which are less frequent.

Trend Filter

On, EMA, length 200. On low timeframes, set Trend Filter Timeframe to 30m or 1h. Keep the ribbon visible.

Liquidity Levels

Both slots on: daily and 4-hour. Lower the second slot (1h, 15m) on lower chart timeframes.

Alerts

Turn on the tiers you use plus Liquidity TP Alerts, then create one alert with "Any alert() function call".

Explore

Valhalla Scalper settings

Mirrors the real Inputs tab
!
Scalper alerts are off by default. In the settings, under Scalper Alerts, switch on the tiers you want, plus 🔔 Enable Liquidity TP Alerts. Then create the alert: Condition → Valhalla Scalper → Any alert() function call. Lifetime members can also pick individual conditions (Buy 1 to Sell 3, New Long / Short TP Liquidity Level) for webhooks.
Module 3 · Valhalla Scalper

Checkpoint: Valhalla Scalper

Last checkpoint. You've got this.

You're ready.

You now know more about Valhalla than most members who've had it for months. Keep this cheat sheet handy for your first week.

Join the Discord

Your Valhalla cheat sheet

Valhalla Indicator

  • Strategy first: same symbol, same timeframe.
  • Panel → Statistics. Follow 👍 Solid or 🔥 Strong only.
  • Panel → Helper Panel: next entry, TPs and SL before it opens (they can adjust).
  • Cyan = entry, green = TP1–TP3, red = stop that only tightens.
  • "Long at" / "Short at" = next entry, and your current stop.
  • Pick your target: TP1 frequent, TP2 balanced, TP3 bigger.
  • Alert: Any alert() function call, one per chart.

Valhalla SMC

  • CHOCH = trend shift (BULL/BEAR). BOS = trend continues.
  • BUY/SELL = pullback to the band after a CHOCH.
  • Focus on A and B grades first.
  • Time Horizon: 10 for shorter trends, try 40 for longer ones.
  • ATR Multiplier: 3 default. Lower = more pullback labels, higher = fewer, deeper ones.
  • Targets: TP1 Swing, TP2 OB, TP3 Liq. Invalidation = the CHOCH swing.
  • Alerts: pick BULL / BEAR conditions by name.

Valhalla Scalper

  • Ribbon green = buys only. Red = sells only.
  • Trend timeframe higher than your chart (e.g. 1h on 5m).
  • Triangles first, then add circles. Diamonds = big stretch.
  • Take profit at the 🎯 Liquidity Target.
  • Stop at 1:1 of the target distance.
  • Turn on Scalper Alerts + Liquidity TP Alerts.

Want to go through it again? Reset my progress.