OPEN-SOURCE SCRIPT
تم تحديثه Chandelier Exit Reaction Zones + Fib Levels
At its core, this script is built on a Chandelier Exit-style ATR stop-and-flip engine. The difference is that instead of stopping at a single trailing stop, it expands that framework into a full ladder: the multiplier 10 level becomes the primary anchor, the opposite-side multiplier 10 level becomes the extension anchor, and the space between them is mapped with a fib channel. Optional Chandelier Exit multipliers of 5.0 and 7.5 reaction zones add another layer of context for tracking how price behaves before it reaches the full multiplier 10 stretch.
The main idea is simple: markets often react when price gets extended, but not every extension behaves the same way. Sometimes price reaches an ATR threshold and reverses. Sometimes it reaches the same area and continues. This script is meant to organize that behavior into a structure you can read quickly. The Chandelier Exit engine provides the directional framework, while the ladder, fib channel, and reaction zones help show where price is stretched, where it is progressing through the channel, and where a reaction may be worth paying closer attention to.
At a high level, the script does three things. First, it identifies the current active ATR 10 side and the opposite ATR 10x extension. Second, it divides that space into a structured ladder using fib-based levels. Third, it can overlay ATR 5.0 and 7.5 reaction zones so you can see when price is pressing into an intermediate reaction area instead of only waiting for the full ATR 10 test.
A few examples of how to read it:
➡️In a bullish state, the active ATR 10 line acts as the lower anchor and the ATR 10x extension becomes the upper stretch line. The fib ladder shows how far price has progressed through that channel.
➡️In a bearish state, the structure flips. The active ATR 10 line becomes the upper anchor and the ATR 10x extension becomes the lower stretch line.
The optional ATR 5.0 and 7.5 reaction zones add another layer of context. They are useful when price is not yet at the full ATR 10 extreme but is already entering a part of the move where reaction risk is increasing.
➡️The reaction zones table is there to make the state logic visible. It shows the current main multiplier's direction, the latest flip state, the 5.0 / 7.5 reaction directions, and whether those reaction branches are actively contributing to the fill.
This is not meant to predict reversals by itself. The way I use it is more practical: it helps frame where price is stretched, where a move is still developing, and where a reaction may deserve closer attention. The value here is the structure, not a guaranteed signal.
The script also includes state-aware touch alerts for the active ATR 10 level and the ATR 10x extension. Those alerts are not entry signals on their own. They are meant to notify you when price has reached an area that may deserve a decision: continuation, reaction, or invalidation.
Bar Replay
Bar Replay is especially useful with this script. Stepping through price one bar at a time makes it much easier to see how the multiplier 10 ladder flips, how the fib channel reorients, and when the 5.0 / 7.5 reaction zones begin to matter. That can help traders understand the structure in motion instead of only judging it from a finished chart.
Confluence
This script is not meant to be used in isolation. It works best as a structural framework alongside other tools such as RSI, MACD, trend context, volume, and support/resistance. The ladder and reaction zones help define where price is stretched; confluence helps decide whether that stretch is more likely to lead to continuation, reaction, or reversal.
This is an open-source tool, so the goal is transparency and flexibility. Traders can keep it simple and use only the main ATR 10 ladder, or add the fib channel, reaction zones, candle coloring, alerts, and table for more context. The core idea stays the same either way: use a Chandelier Exit-style ATR framework to map stretched price conditions with a consistent structure.
Here's a few additional chart examples:
The main idea is simple: markets often react when price gets extended, but not every extension behaves the same way. Sometimes price reaches an ATR threshold and reverses. Sometimes it reaches the same area and continues. This script is meant to organize that behavior into a structure you can read quickly. The Chandelier Exit engine provides the directional framework, while the ladder, fib channel, and reaction zones help show where price is stretched, where it is progressing through the channel, and where a reaction may be worth paying closer attention to.
At a high level, the script does three things. First, it identifies the current active ATR 10 side and the opposite ATR 10x extension. Second, it divides that space into a structured ladder using fib-based levels. Third, it can overlay ATR 5.0 and 7.5 reaction zones so you can see when price is pressing into an intermediate reaction area instead of only waiting for the full ATR 10 test.
A few examples of how to read it:
➡️In a bullish state, the active ATR 10 line acts as the lower anchor and the ATR 10x extension becomes the upper stretch line. The fib ladder shows how far price has progressed through that channel.
➡️In a bearish state, the structure flips. The active ATR 10 line becomes the upper anchor and the ATR 10x extension becomes the lower stretch line.
The optional ATR 5.0 and 7.5 reaction zones add another layer of context. They are useful when price is not yet at the full ATR 10 extreme but is already entering a part of the move where reaction risk is increasing.
➡️The reaction zones table is there to make the state logic visible. It shows the current main multiplier's direction, the latest flip state, the 5.0 / 7.5 reaction directions, and whether those reaction branches are actively contributing to the fill.
This is not meant to predict reversals by itself. The way I use it is more practical: it helps frame where price is stretched, where a move is still developing, and where a reaction may deserve closer attention. The value here is the structure, not a guaranteed signal.
The script also includes state-aware touch alerts for the active ATR 10 level and the ATR 10x extension. Those alerts are not entry signals on their own. They are meant to notify you when price has reached an area that may deserve a decision: continuation, reaction, or invalidation.
Bar Replay
Bar Replay is especially useful with this script. Stepping through price one bar at a time makes it much easier to see how the multiplier 10 ladder flips, how the fib channel reorients, and when the 5.0 / 7.5 reaction zones begin to matter. That can help traders understand the structure in motion instead of only judging it from a finished chart.
Confluence
This script is not meant to be used in isolation. It works best as a structural framework alongside other tools such as RSI, MACD, trend context, volume, and support/resistance. The ladder and reaction zones help define where price is stretched; confluence helps decide whether that stretch is more likely to lead to continuation, reaction, or reversal.
This is an open-source tool, so the goal is transparency and flexibility. Traders can keep it simple and use only the main ATR 10 ladder, or add the fib channel, reaction zones, candle coloring, alerts, and table for more context. The core idea stays the same either way: use a Chandelier Exit-style ATR framework to map stretched price conditions with a consistent structure.
Here's a few additional chart examples:
ملاحظات الأخبار
This update improves the ATR reaction zone workflow and the reaction table.➖The table now uses the current user-defined multipliers instead of hardcoded 5.0 / 7.5 labels
➖The latest flip row was improved so the table better reflects the most recent multiplier 10 state change
➖Zone lines and zone fills were separated, so hiding the reaction-zone plots no longer forces the fills off
➖Fill visibility and table-state logic were decoupled, so the table can still show the active reaction zones even when fills are hidden
➖Back-zone and front-zone fill opacity now have separate controls, making it easier to soften the front fill without affecting the background layer
Reminder: the 5.0 and 7.5 reaction zones are Chandelier Exit multipliers, just like the main multiplier that's = 10 that creates the top and bottom ATR envelope
Use bar replay 💥
ملاحظات الأخبار
This update streamlines the ATR Zones Table for a cleaner, more compact layout. The top row now uses a full-width merged header to display the ticker and chart timeframe, a redundant row was removed, and the reaction-zone multiplier rows are now condensed so each multiplier shows its direction and fill status together on a single line.نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
🆓 Free scripts:
⚡ Pro scripts: tradingview.com/script/hESCvPuH-Predictive-Volume-MTF-Pro/
🙋♂️ Get help with Pinescript: simplecrypto.life/get-help-with-pinescript
⚡ Pro scripts: tradingview.com/script/hESCvPuH-Predictive-Volume-MTF-Pro/
🙋♂️ Get help with Pinescript: simplecrypto.life/get-help-with-pinescript
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
🆓 Free scripts:
⚡ Pro scripts: tradingview.com/script/hESCvPuH-Predictive-Volume-MTF-Pro/
🙋♂️ Get help with Pinescript: simplecrypto.life/get-help-with-pinescript
⚡ Pro scripts: tradingview.com/script/hESCvPuH-Predictive-Volume-MTF-Pro/
🙋♂️ Get help with Pinescript: simplecrypto.life/get-help-with-pinescript
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.