STP Top 10 Trade Opportunity Scanner / ScreenerSTP Top 10 Trade Opportunity Scanner / Screener
The STP Top 10 Large Move Radar is a multi-symbol market scanner designed to help traders quickly identify stocks showing conditions that may support a larger-than-normal price move.
Instead of reviewing charts individually, the Radar continuously analyzes up to 20 user-selected symbols and ranks the strongest opportunities based on a proprietary scoring system. The highest-ranked symbols are displayed in an easy-to-read Top 10 table.
The system evaluates multiple technical factors, including price trend, EMA alignment, VWAP positioning, RSI, DMI/ADX, buying and selling pressure, Range Oscillator conditions, relative volume, ATR, volatility expansion, squeeze and compression conditions, breakouts and breakdowns, supply and demand proximity, Fair Value Gaps, price movement speed, and overall trend strength.
Radar Table Information
Each ranked symbol includes:
Score: Overall opportunity score from 0–100 based on the combined technical conditions evaluated by the Radar.
Direction: Identifies the current directional bias as BULL, BEAR, or NEUTRAL.
Setup: Identifies conditions such as BREAKOUT, BREAKDOWN, SQZ RELEASE, COMPRESSED, AT S/D, AT FVG, NEAR BREAK, or BUILDING.
RVOL: Measures current volume relative to average volume to identify unusually active symbols.
ATR: Displays the previous completed daily 10-period ATR in dollars to provide context for the symbol's typical daily movement.
ATR Used: During regular market hours, estimates how much of the symbol's daily ATR has been used so far. Before and after the regular session, the Radar identifies the applicable market session instead.
Speed: Measures the magnitude of short-term EMA movement relative to ATR.
T-Strength: Classifies directional trend conditions as Strong, Moderate, Weak, or None.
Evidence: Highlights supporting technical conditions including squeeze activity, breakouts, supply/demand proximity, and Fair Value Gaps.
How Traders Can Use the Radar:
The Radar is designed primarily as an opportunity-discovery tool. A high ranking does not automatically represent a trade entry. Instead, traders can use the Top 10 list to identify which symbols deserve further chart analysis.
For example, a high-scoring bullish symbol showing elevated relative volume, a breakout or squeeze release, increasing speed, and strong trend conditions may warrant closer review for a potential bullish setup. The opposite conditions may identify potential bearish opportunities.
The Radar can be used alongside the STP Elite Prediction System or a trader's existing technical analysis process to confirm chart structure, support and resistance, risk, entry timing, and trade direction before entering a position.
Customizable Symbol List:
Users can configure up to 20 symbols, allowing the Radar to monitor a personal watchlist of stocks, ETFs, or other supported TradingView symbols. The scan timeframe is also configurable, with the default set to 5 minutes.
Dynamic Alerts:
The Radar includes a dynamic alert system for the highest-ranked opportunity. Users can set a minimum score threshold and optionally receive alerts when the leading symbol changes, its direction changes, or it crosses the configured threshold. Alerts include the symbol, direction, opportunity score, relative volume, ATR Used status, and scan timeframe.
Important:
The STP Top 10 Large Move Radar is intended to identify and rank developing technical conditions. Rankings and scores can change as new market data becomes available. A high score does not guarantee a large move and should not be considered a standalone buy or sell signal.
This indicator is intended for educational and informational purposes only and does not constitute financial advice. Indikator
Equal Highs & Lows [ITA]🟠 OVERVIEW
Equal Highs & Lows marks the places where liquidity pools build, and then
tracks what happens to them.
When two swing highs form at almost the same price, the stops of everyone who
sold that level sit just above it. The same is true in reverse below two equal
lows. Those clusters are what price often reaches for before it turns, and they
are visible on the chart long before anything happens to them.
Most tools that find these draw the two swings and stop there. This one keeps
the level alive until price actually takes it, then marks it as swept rather
than deleting it, so you can look back and see whether a symbol respects its
pools at all before you trade one.
🟠 CONCEPTS
* Equal Highs (EQH) - Two swing highs within a set tolerance of each other.
Stop orders rest above them.
* Equal Lows (EQL) - Two swing lows within tolerance. Stops rest below.
* Liquidity Pool - The cluster of resting orders those stops form. It is a
reason for price to travel somewhere, not a reason for it to reverse there.
* Sweep - Price trading through the level and taking the orders. What happens
immediately after the sweep is the part that matters.
🟠 FEATURES
🔹 Equality tolerance is set as a percentage of price rather than in points, so
the same setting behaves consistently on a five dollar stock and a seven hundred
dollar index
🔹 The level is drawn at the higher of the two equal highs, and the lower of the
two equal lows, because that is where the stops actually sit. Averaging the two
puts the line underneath the liquidity it is meant to mark
🔹 Levels extend forward on every bar until they are taken, so an untouched pool
stays visible for as long as it survives
🔹 Swept pools are greyed out and labelled instead of being removed, which
leaves a record of how the symbol has treated its pools historically
🔹 A cap on active pools, so old levels retire instead of filling the chart
🔹 Separate alerts for equal highs taken and equal lows taken
🟠 HOW TO USE
Start with the tolerance. It is the setting that decides everything else. On a
daily chart 0.1 to 0.3 percent is usually right. Intraday, drop it to 0.05 to
0.15. If you are seeing almost no pools, raise it. If everything is a pool,
lower it.
Read an unswept level as a destination, not a wall. Liquidity sitting above the
current price is a reason to expect price to reach up there at some point. It is
not a reason to short it.
The information is in what follows the sweep. Price taking equal highs and then
continuing up means the pool was simply passed through. Price taking them and
immediately failing back below is the sequence that traders are usually looking
for, and the sweep alert is there so you do not have to watch for it.
Swing Lookback controls how significant a swing has to be before it counts.
Raise it for fewer and more meaningful pools.
🟠 CONCLUSION
Equal highs and lows are easy to see once someone points at them and easy to
miss while a chart is moving. This marks them as they form, keeps them until
they are taken, and leaves the record behind. Indikator
Precision PushBack [MohaveTrader]WHAT PUSHBACK IS
PushBack is a support-and-resistance overlay whose levels are built from a dual Williams %R engine, paired with a rail-based trend layer that runs on its own detection. Where the source oscillator treats a %R extreme as exhaustion — a spent move likely to reverse — PushBack reads that same condition as sustained directional pressure: the side in control pushing price to an extreme.
Two terms carry the whole design. Every completed pressure run is an EVENT. An event that clears qualification earns a LEVEL. Events that do not qualify are marked, but no level is built. When an event does qualify, PushBack takes the price extreme reached by that push and stamps it as a structural zone, then carries that zone through its own lifecycle of resistance, support, reclaim and testing. The panel counts both, so how selective the current settings are running on this instrument is readable at a glance.
It is intended for traders who want structure that emerges from qualifying pressure events rather than levels drawn on a fixed schedule, with a separate trend read layered on the same chart.
WHAT'S ORIGINAL
PushBack retains the dual fast and slow %R detection from upslidedown's open-source "%R Trend Exhaustion" (credited below and in the source code) and uses it only as the raw event source. Everything built on top is original: the reinterpretation of the extreme as directional pressure; event qualification by price range and, when enabled, sustained duration; the Event Mode presets that set how selective that qualification is; event-derived zone geometry, where a zone's depth is taken from the run's own candles; the support and resistance lifecycle with reclaim and testing states; role-flip management and retirement; ATR relevance hiding; optional same-state merging; the live run ribbon; the candle coloring modes; the trend layer with its fast and structure rails, defended-level state machine and rail-assisted transitions; and the information panel. The following image illustrates upslidedown's "%R Trend Exhaustion," the open-source indicator PushBack's detection comes from. Each filled box is one %R run — red where both fast and slow %R are overbought, blue where both are oversold — with a triangle where the run ended. PushBack reads these same runs as pressure rather than exhaustion, and keeps the price extreme each one reached as a structural level. For comparison the second image renders PushBack and %R Trend Exhaustion on the same chart.
WHAT MAKES IT DIFFERENT
The structure is emergent, not scheduled. No structural zone is created without a completed qualifying pressure run, so the absence of nearby zones is itself information rather than a missing calculation.
Structure and events are kept separate. The zones are the structural layer and carry the role-based color set. The pressure marks and run ribbon are a distinct event layer in a single neutral color, held off the price and clear of the zones, so a mark is never mistaken for a directional signal.
The run ribbon reads live. It sketches in real time across the pressure run and settles into the completion triangle, so a developing run is visible on price as it happens rather than only after it ends.
The trend line is the rail, not a separate object. The plotted line is the fast adaptive rail itself rather than an average derived from it, so the drawn line and the value the engine reads are the same series and cannot disagree.
%R PRESSURE
Pressure is read from a dual fast and slow Williams %R with independent smoothing. Both periods and the threshold are fixed internally at settled values rather than exposed as inputs. A shared threshold defines the overbought condition (bullish pressure) and the oversold condition (bearish pressure), and a run is the span in which that condition holds. The single event PushBack acts on is the run's completion — the bar the condition is lost.
Not every run qualifies. A completed run must clear a size test — its price range as a multiple of ATR — and, when duration filtering is on, a duration test as well: it must have persisted for the required number of bars. Both conditions must be met, and a larger or faster move does not waive the duration requirement. An Event Mode control — Responsive, Balanced, Strict, or Manual — sets how demanding that qualification is; in Manual, the Advanced values are read instead and the duration test can be turned off to gate on range alone. The duration test is not scaled by timeframe.
ZONES
When a qualifying run completes, its price extreme seeds a zone: a bullish pressure run's high becomes resistance, a bearish pressure run's low becomes support — the rail where the push stalled. Zone depth is set at birth from the run's own candles: the mean or the median of the run's bar ranges, median by default so a single outlier bar does not distort the level. Neither method applies a multiplier, so depth comes from the same bars that produced the level and there is no width setting to tune. Depth is frozen at birth. An optional merge step, off by default, can consolidate same-state zones that overlap or fall within a configurable price gap; with it off, distinct qualified levels stay separate.
A level holds until price closes through it. A close through flips it to a reclaim, which can firm back into support or resistance as price tests and holds. Red is resistance, green is support, cyan is reclaim, yellow is testing. A level keeps flipping between roles until it reaches its Max Role Flips limit — three by default — after which it is retired rather than reclaimed again; fresh pressure re-seeds it if it matters again.
Zones persist as structural objects and can change role as price interacts with them. A zone originally created as support or resistance may later become reclaim, enter testing, and resolve back into support or resistance. Its displayed color and label represent its current state, not necessarily the state in which it originated.
Previously established zones can remain stored after the pressure event that created them has passed. A zone outside the configured ATR relevance distance is hidden rather than deleted and can reappear when price returns. Because a zone can persist through multiple state changes, a currently visible zone may have originated much earlier, in a different role, and its original completion mark may no longer be visible on the chart. A fresh reclaim is held visible for a short grace period regardless of distance. A per-side cap limits the number of native support and resistance zones retained; reclaim zones are exempt from that cap.
PRESSURE MARKS AND RUN RIBBON
A triangle marks where each run completed — a down triangle where a bullish run ended, an up triangle where a bearish run ended. The run ribbon traces the run into that completion, one bar short of the triangle. Both use a single neutral color and float off the price in ATR-scaled offset space, so side is read from triangle direction and ribbon position rather than color. They show the duration and completion of a pressure run and are not buy or sell signals. By default every completed run is marked with a triangle. A qualified event also carries a ribbon into its triangle and seeds a zone; a filtered turn — one that did not clear qualification — is marked identically but with no ribbon and no zone, so the triangle shows that an event occurred while the ribbon and zone show whether it earned a level. Show All Event Marks turns the filtered triangles on or off.
TREND LAYER
A second engine runs alongside the zones, with its own dual %R detection independent of the one above. Its pressure runs do not create zones; they set rails. A completed bullish run leaves a lower rail at its low, a completed bearish run leaves an upper rail at its high, and one of those rails is held as the defended level that owns the current trend state. A close beyond the defended level flips the campaign, but only when an opposing rail exists and price has cleared it; otherwise the campaign continues.
Two adaptive followers of the body-weighted midpoint support that state machine. The fast rail shortens its own averaging length as a bar's body sits further from it, so a displaced bar moves it most of the way in one bar. The structure rail uses the same formula with a longer base and sits inside a hysteresis channel scaled to a long-period ATR, so its direction holds through ordinary pullbacks and only turns when price crosses the far edge of that channel.
Between them these supply two transitions the defended level alone cannot make. Once a bullish event has set a campaign ceiling, a failure of the fast rail can end the campaign early at that ceiling. In the other direction, both rails turning up together can start a bullish campaign with no completed %R event at all. These rail-assisted transitions print a diamond alongside the flip triangle so they are distinguishable from a defended-level flip. A campaign entered by the rails alone carries no defended level and exits late by construction.
The plotted trend line is the fast rail, drawn in the campaign color rather than the rail's own direction, so the line's shape comes from the follower and its color from the campaign. An optional two-tier fill runs from price to the fast rail and from the fast rail out to the structure rail, each tier colored by its own source, so a disagreement between the two renders as a two-tone band. Optional sequence marks compare each completed rail event's extreme to the previous event on the same side and print HH, LH, HL or LL; these are instrumentation only and drive nothing.
CANDLE COLORS
Candles can optionally be recolored, in one of two modes.
Pressure mode carries the bar's own direction as hue and whether a %R pressure run is active as brightness, so a bearish bar inside a buying-pressure run stays a bright bearish candle and a developing push is visible on the candles themselves.
Wave mode drops bar direction and paints the campaign instead, reusing the trend line's own two colors so the candles and the line always agree. Three independent sources are then readable at once on the same bars: campaign state sets the candle's hue, an active %R pressure run sets its brightness, and the inner fill follows the fast rail's own direction. Because the fill is the only one of the three tied to the fast rail, a pullback inside a campaign renders as candle color standing against fill color, while an actual campaign flip changes the candles themselves. That is the distinction Wave exists to make. Wave draws nothing before the first campaign is established, since no trend state exists yet to color.
Both modes dim between pressure runs and brighten during them. This uses plotcandle, so native candles should be hidden in chart settings to avoid overlap. Turned off, it draws nothing and leaves the native candles untouched.
INFO PANEL
An optional corner panel reports three rows. RSI is colored relative to the current campaign rather than against fixed bands, since RSI ranges differently in an advance than in a decline; the color meaning is constant — one color when buyers hold RSI control, another when sellers do, and a neutral shade in between — while the bands themselves shift with the campaign. EVENTS counts every completed pressure run for the session. LEVELS counts how many of those earned structure, with the percentage being that earned share. That percentage largely reflects how demanding the current Event Mode is rather than a property of the instrument, so it reads as feedback on whether the mode suits what is being traded: a very low share suggests qualification is tighter than the instrument supports, and a very high one suggests it is filtering little. The panel frame carries the RSI color so the state reads from across the screen. The session count can include extended hours or regular hours only.
ALERTS
Two alert conditions are provided, one for a qualified bullish pressure event and one for a qualified bearish pressure event. Alerts fire only when a completed run clears PushBack's active qualification requirements and earns structure; filtered event marks do not alert. The trend layer does not carry its own alerts.
HOW TO READ IT
Read the zones as structure and the marks as events: every triangle is an event, and only the ones carrying a ribbon and a zone earned a level. PushBack keeps four things distinct: the pressure event is where a zone came from; price interaction is what has since happened to it; the current color and label are what the level means now; and ATR relevance decides whether it is shown at all. A currently visible zone may have originated much earlier, in a different role, than the state now displayed. Treat a blank area as the absence of currently relevant qualifying pressure structure, not a missing calculation. Use the live ribbon to watch a qualifying run develop. The completion triangle identifies where a pressure run ended; when that completion also qualifies, its ribbon remains, a structural zone is established, and the corresponding alert can fire.
The two layers are independent and can disagree. The zones and the trend campaign are computed from separate detections and neither gates the other, so a level forming against the prevailing campaign is a normal reading rather than a conflict to resolve.
LIMITATIONS
A zone is not created until its run completes, so the level is confirmed after the move that produced it, not during. The %R condition can persist for a long time in a strong trend, so a run's duration is not itself a timing signal. PushBack is most expressive on instruments that produce qualifying pressure events and is quiet on orderly price.
The trend layer's rail events carry no qualification of their own, so a very short pressure run can set a rail. Because two of its transitions are driven by the rails rather than by a completed event, the campaign can change direction with no %R event involved, and a campaign entered that way holds no defended level. Zone role changes are driven by subsequent price interaction, so a zone's displayed state reflects the bar being evaluated and changes as price develops. On very low-priced instruments a run whose bar ranges are near the minimum tick can produce a zone thin enough to render as a line rather than a band.
PushBack does not predict future prices, does not manage risk, and does not guarantee any outcome.
ATTRIBUTION AND LICENSE
PushBack's dual-period Williams %R detection is derived from the open-source "%R Trend Exhaustion" indicator by upslidedown, who is credited here and in the source code. That indicator reads the %R extreme as exhaustion; PushBack uses the same detection only as a raw event source and reinterprets the extreme as sustained directional pressure. The pressure-event qualification, the persistent zone construction and event-derived geometry, the support and resistance interpretation, the reclaim and testing lifecycle, flip management and retirement, relevance behavior, merging, the run ribbon, the candle coloring modes, the trend layer and its rails and transitions, and the price-overlay presentation are original to PushBack. PushBack is published open-source under the Mozilla Public License 2.0.
DISCLAIMER
PushBack's zones, marks and trend state are analytical structures derived from the rules described above, not recommendations to buy or sell any instrument. You remain solely responsible for every trading decision. Indikator
The Magnet ModelThe Magnet Model — Opening Range Volume Profile
The Magnet Model ORVP is designed to turn the opening auction into a simple, repeatable map of where volume established value and where those levels may continue to matter throughout the trading session. It will automatically map the key volume-based levels established during New York opening range.
Instead of manually drawing a Fixed Range Volume Profile each morning, the indicator automatically builds the opening profile and identifies the Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL). Once the opening range is complete, these levels extend to the right, allowing traders to monitor how price interacts with them throughout the session.
Key Features
Automatic 9:30–9:46 AM New York Opening Range Volume Profile
Automatically calculates VAH, POC, and VAL
70% Value Area by default
VAH, POC, and VAL automatically extend to the right
Shaded Value Area between VAH and VAL for quick visual reference
Current ORVP is highlighted pink
Previous ORVP zones can use different colors to distinguish sessions
Adjustable number of historical ORVPs displayed
Clean date labels such as 8/31 ORVP
Adjustable profile rows and profile width
Customizable colors, line widths, and line styles
Optional Overlap Detection Deletion to automatically remove older ORVP zones that overlap the newest value area
Designed to maintain a clean chart while preserving important historical opening-range levels
How It Can Be Used
The ORVP provides a structured framework for evaluating the market after the opening range has formed.
VAH, VAL, and POC can serve as important areas to monitor for:
Acceptance and rejection
Support and resistance
Breakouts and failed breakouts
Retests
Potential price magnets
Continuation or reversal opportunities
Historical ORVP levels can also remain on the chart, allowing traders to identify when price returns to areas of value established during previous sessions.
Best Used With Confluence
While The Magnet Model ORVP is powerful on its own, it can become even more effective when combined with other high-quality market references and confirmation tools.
Consider looking for confluence with VWAP, Simple Moving Averages (SMAs), Initial Balance (IB), key session levels, and order flow.
Some of the strongest areas of interest can develop when multiple independent levels or signals align with an ORVP VAH, VAL, or POC, providing additional context for potential support, resistance, acceptance, rejection, and directional movement.
The goal is not to trade an ORVP level blindly, but to use it as part of a broader framework of confluence.
Overlap Detection
When Overlap Detection Deletion is enabled, the indicator compares each newly completed value area with older ORVP zones.
If an older VAH-to-VAL value area overlaps the newest value area, the older profile is automatically removed.
This optional feature helps reduce chart clutter and keeps the focus on distinct opening-range value areas.
Default Configuration
Opening Range: 9:30–9:46 AM New York
Value Area: 70%
Profile Rows: 100
VAH / VAL / POC: Black, 2-width lines
Current Value Area: Pink, 20% opacity
Historical Value Areas: Differentiated by color
Send me a message with any questions or requests.
For educational and informational purposes only. This indicator does not provide financial advice or guarantee future market behavior. Indikator
Altcoin Strength Ranker - BTC DominanceALTCOIN STRENGTH RANKER - BTC DOMINANCE
This indicator ranks a list of cryptocurrencies by how strongly each one is moving
relative to Bitcoin, and uses BTC.D (Bitcoin Dominance) as a regime filter to indicate when that
ranking is actually worth acting on.
Instead of checking one chart at a time, it reads up to 18 symbols (divided into groups) in a single pass and presents them as a sorted table: strongest against Bitcoin at the top, weakest
at the bottom.
HOW IT WORKS
1) Normalized momentum
For every coin, the script takes the logarithmic return over N bars and divides it by the standard deviation of one-bar log returns over the same window, scaled by the square root of N.
In plain words: rather than asking "how much did it move?", it asks "how big was the move compared with this coin's own everyday noise?" The result is a t-statistic — a number expressing the move in units of typical volatility. Around +2 means an unusually strong advance; around -2 is the mirror image; near 0 means the move is indistinguishable from ordinary fluctuation.
The point of normalizing is comparability. A raw 15% weekly move means something very different for a large cap than for a low-liquidity newcomer. After normalization, every coin sits on the same scale and the ranking is meaningful.
2) Two readings per coin
z/BTC — momentum of the synthetic ratio ALT/BTC, built as ALTUSDT / BTCUSDT. This is relative strength: the coin measured against Bitcoin. Building it as a spread means the indicator works for any coin that has a USDT pair, even when no direct BTC pair is listed on the exchange.
z/USD — momentum of the coin against the quote currency (USDT by default). This is absolute direction: whether the coin is going up or down in dollar terms.
The distinction matters because the two frequently disagree, and the disagreement is the interesting part. A coin can be rising in dollars while still losing ground to Bitcoin — capital is flowing in, but less than it is flowing into BTC.
3) Composite score
score = w × (z/BTC) + (1 − w) × (z/USD)
The weight w (0.6 by default) sets how much the ranking cares about beating Bitcoin versus simply going up. Set w = 1 for pure relative strength; set w = 0 to rank by absolute momentum alone.
4) Dominance regime filter
The same normalization is applied to BTC.D and shown as the histogram in the lower
panel, with the background shaded accordingly:
- z_D above the threshold: dominance is rising, capital is rotating toward Bitcoin, altcoins tend to underperform.
- z_D below the negative threshold: dominance is falling, altcoins tend to outperform.
- In between: neutral, no directional signal is issued.
This is what keeps the ranking from being read out of context. The same table means something different depending on where the whole market's capital is heading.
READING THE COLORS
In the dominance plot, teal means Bitcoin is gaining ground on the rest of the market, red means it is losing ground:
- Dominance rising -> teal histogram bar, teal background -> capital concentrating
in Bitcoin -> Bitcoin strong, altcoins weak.
- Dominance falling -> red histogram bar, red background -> capital dispersing into
the rest of the market -> Bitcoin weak, altcoins strong.
The table uses the opposite convention, because it describes altcoins rather than Bitcoin: a negative z-score is red, a positive one is teal, and the score column runs on a gradient between them.
One qualification is important here. Dominance is a ratio, not a price. Rising dominance tells you Bitcoin is outperforming the market — it does not tell you Bitcoin is going up in dollar terms, and the two frequently part ways. In a market-wide sell-off, altcoins normally fall harder than Bitcoin, so dominance rises while Bitcoin itself declines. The reverse also happens: in the later stage of an advance, capital rotates outward and dominance falls while Bitcoin keeps making new highs. So read the panel as a statement about relative flow between Bitcoin and the rest of the market, and pair it with the Bitcoin chart itself before drawing any conclusion about direction.
READING THE TABLE
Coin — the ticker, without the quote currency
z/BTC — normalized momentum of the ALT/BTC ratio (relative strength)
z/USD — normalized momentum against the quote currency (absolute direction)
RSI/B — RSI (Relative Strength Index, a 0–100 oscillator measuring a series against its own recent history) computed on the ALT/BTC ratio
RSI/U — RSI computed on the coin against the quote currency
Score — the composite above, colored on a gradient from weak to strong
Signal — see below
The top line reports the group being evaluated, the current dominance regime, and
the value of z_D.
THE SIGNAL COLUMN
No signal: either the regime is neutral or z/BTC has not cleared the significance threshold.
▼ or ▲ direction consistent with the regime, and relative strength beyond the
threshold. ▼ = weak against Bitcoin during rising dominance; ▲ = strong against
Bitcoin during falling dominance.
★ divergence between the two readings: the coin is still moving up in dollar
terms while losing ground against Bitcoin (or the reverse). This is the
configuration where relative-strength setups typically live, because the crowd
watching the dollar chart sees strength while the capital flow says otherwise.
★★ the same divergence, plus timing from the RSI of the ratio: above 55 on the
weak side, below 45 on the strong side — meaning the ratio is stretched in the
direction that is about to be given up.
An alert fires on bar close listing every coin currently showing ★ or ★★.
SETTINGS
Analysis timeframe — leave empty to follow the chart, or fix it (e.g. 1D) to keep one reading regardless of the chart you are on
Momentum length — lookback window for the normalized momentum
RSI length — lookback for both RSI columns
Exchange / Quote — how symbols are assembled (BINANCE + USDT by default)
Display — strongest, weakest, or both lists
Top N per list — how many rows per list
Weight w — relative strength versus absolute direction in the score
Significance |z| — how large z/BTC must be before a signal is issued
BTC.D momentum — lookback for the dominance regime
Regime |z_D| — how decisive dominance must be before the regime is called
Groups 1–4 — four editable comma-separated symbol lists (large caps, mid caps and DeFi, memes and new listings, plus a free slot)
⚠️ NOTES AND LIMITATIONS
- The table is drawn on the last bar only; it is a live cross-section, not a
historical record.
- Symbols that do not resolve on the chosen exchange are silently skipped, which is
why a group may show fewer rows than it lists.
- The ranking is relative and descriptive, not a forecast. In a broad market decline
the "strongest" coin can still be falling — it is simply falling less.
- The dominance regime is a context filter, not an entry trigger. Position sizing,
invalidation levels and exits are outside the scope of this tool.
For research and educational purposes. Nothing here is financial advice. Indikator
Unicode Heatmap CandlesUnicode Heatmap Candles
■Overview: Analytical Paradigm & Value Proposition
This indicator introduces a fundamentally new approach to micro-structural market analysis within TradingView. Transcending the visual limitations of standard OHLC (Open, High, Low, Close) candles, it leverages Pine Script v6's dynamic array processing to completely reconstruct price bars into high-resolution liquidity heatmaps. Engineered specifically for active traders and quantitative analysts, it visualizes the true order flow and volume concentrations (Point of Control) hidden beneath superficial price action in real-time.
1. Concept & Analytical Edge
Standard candlestick charts display static geometrical shapes, which inherit a critical flaw: they completely obscure internal transaction dynamics. A long wick or a large body tells you where the price moved, but not where the actual capital was deployed. In institutional quantitative analysis, a candlestick is not a solid bar, but a vertical aggregation of micro-transactions.
By utilizing Unicode block characters with sub-tick precision, this indicator maps the exact distribution of executed lower-timeframe (LTF) volume across price tiers within each individual candle—without relying on external footprint tables. It separates "empty price movements" from "solid liquidity zones.
2. Core Mechanics & Mathematical Logic
A. Dynamic Volatility Slicing (ATR Adaptive)
To maintain consistent visual resolution across varying market conditions (from low-volatility Asian sessions to high-impact news events), the price tier step is dynamically derived from the Average True Range (ATR).
Calculate dynamic price step based on 14-period ATR
float current_atr = global_atr
if na(current_atr) or current_atr == 0
current_atr := close * 0.005
int active_ticks = math.max(1, math.round((current_atr / 30) / syminfo.mintick))
float step = syminfo.mintick * active_ticks
int total_r = math.ceil((bar_h - bar_l) / step) + 1
Why this calculation? Fixing the tier size by a static tick value causes resolution breakdown during volatility spikes. By dividing the 14-period ATR by 30 and rounding to the nearest minimum tick, this mathematical normalization guarantees that each candle is systematically divided into approximately 20 to 30 micro-tiers, outputting a consistent heatmap resolution regardless of the timeframe or asset class.
B. Geometry Detection: Real Body vs. Wick
The script evaluates the exact numerical center of each vertical price tier to identify whether it structurally belongs to the candle body or the wick, rendering distinct Unicode glyphs to preserve the traditional candlestick silhouette.
Determine Body vs Wick geometry
float top_p = price_p + (step / 2)
float bot_p = price_p - (step / 2)
bool is_body = (top_p > body_bot) and (bot_p < body_top)
string current_char = is_body ? body_char : wick_char
Candle Body: Stacks wide block glyphs (███) to represent the high-density range between Open and Close.
Candle Wick: Stacks slender vertical glyphs (┃) to trace extreme price rejections up to the High/Low limits.
3. Scope of Capability & Technical Boundaries
To maintain institutional-grade transparency, the operational boundaries and strict design choices of this tool are detailed below. This is a specialized hyper-local lens, not a historical charting tool.
Intra-Candle Heatmap : Maps LTF volume directly inside the candle shape.
Real-Time POC Tracking : Visualizes highest volume nodes via color saturation.
Multi-Asset Support : Works flawlessly across Equities, Crypto, Forex, and Futures.
Full Historical Backtesting : Restricted by the Pine Script 500-label buffer limit.
High-ATR Max Display : Optimized strictly for real-time, active execution setups.
System Constraint & Design Architecture: Pine Script v6 enforces a hard maximum of 500 label objects (max_labels_count=500). Because each high-resolution candle consumes 20 to 40 individual labels to render the micro-tiers, the simultaneous display limit is mathematically capped around the most recent 5 to 8 bars in high-ATR environments. Older bars are systematically garbage-collected. This is an intentional architectural choice: 100% of the maximum allowed computing and drawing resources are allocated to maximizing the resolution of the current market structure.
Important Note on Higher Timeframes (Daily/Weekly/Monthly): TradingView Data Limits
You may notice that when applied to high timeframes like the Monthly chart, older candles render as gray (Zero Volume). This is not a bug. TradingView imposes a strict limit of 100,000 historical bars for lower-timeframe (request.security_lower_tf) data requests. If your LTF is set to 1-minute, 100,000 bars cover only about 70 days. Therefore, older macro candles cannot retrieve micro-volume data.
Remember: This indicator is a "Microscope" built for active intraday/swing execution. It is fundamentally designed for micro-structure analysis, not macro-historical profiling.
Anti-Crash Fail-Safe (For Non-Premium Users)
TradingView strictly limits access to seconds-based timeframes (e.g., 1S, 15S) to Premium plan subscribers. To prevent runtime crashes for Essential/Plus users, this script features a built-in safety toggle: "Premium Plan (Allow Seconds TF)".
If this box is unchecked (default), any attempt to input a seconds-based LTF will be automatically intercepted and safely downgraded to a 1-minute (1m) resolution, ensuring uninterrupted operation for all user tiers.
4. How to Use
Add the indicator to your chart.
Open Chart Settings (Gear Icon) -> Symbol -> Uncheck Body, Wick, and Borders (hide standard candles).
Observe the internal liquidity distribution:
Red / Orange Nodes: Point of Control (POC) and high-liquidity concentration zones.
Blue / Muted Nodes: Low volume nodes (slippage zones, price vacuums, or liquidity voids).
Disclaimer
This script and its description are published solely for the purpose of learning, researching, and providing technical analysis methodologies. The developer assumes no responsibility for any direct, indirect, incidental, or consequential losses or damages (including trading losses or loss of profits) arising from the use of this tool. Trading in financial markets involves substantial risk. Please conduct thorough verification and implement appropriate risk management at your own risk before using this in a live trading environment. Indikator
Volatility Regime Engine [TRADION]Volatility Regime Engine is a multi-layer market regime analysis framework designed to identify changes in volatility structure, expansion/compression cycles, directional pressure, and continuation quality.
Rather than treating volatility as a single measurement, the engine evaluates multiple dimensions of market behavior to determine whether price is transitioning into compression, expansion, continuation, exhaustion, or a potentially unstable regime.
The objective is not simply to detect high or low volatility, but to identify how volatility is evolving, whether directional participation supports the move, and whether the current regime has sufficient quality to persist.
CORE ARCHITECTURE
The engine combines several analytical components into a unified regime model:
Volatility Regime
Evaluates the current volatility environment and classifies market conditions according to contraction and expansion behavior.
Fast & Confirmed Scores
Two-stage scoring separates early regime detection from confirmed conditions.
The Fast Score reacts more quickly to developing volatility changes, while the Confirmed Score provides a more stable assessment of established conditions.
This architecture is designed to balance responsiveness with confirmation.
ATR Regime
Measures volatility behavior relative to the instrument's recent range structure, helping distinguish subdued conditions from elevated or extreme volatility environments.
Bandwidth Analysis
Tracks contraction and expansion in the underlying price distribution to identify volatility compression and developing expansion phases.
Relative Volume (RVOL)
Provides participation context by comparing current activity with its historical baseline.
Directional & Setup Bias
Evaluates whether the developing volatility structure favors bullish or bearish conditions.
Bull and Bear Setup Scores quantify the relative strength of each side, while Dominance summarizes the resulting directional imbalance.
Cycle Engine
The Cycle Bias and Cycle State components classify the current phase of the volatility cycle.
Possible conditions include developing ignition, expansion, continuation and exhaustion phases.
This allows the indicator to distinguish between a market that is merely volatile and one that may be entering a structured directional expansion.
Ignition Detection
Ignition logic searches for early evidence that volatility is beginning to transition from a dormant or compressed state into directional expansion.
Bull Ignition and Bear Ignition events are designed as regime-transition signals, not standalone trade entries.
Release Quality
When volatility begins to release, the engine evaluates the quality of that transition.
Release Quality, Quality Grade and Follow Through help determine whether an expansion is developing sufficient structural confirmation or losing momentum.
Macro Continuation
Continuation logic reduces repetitive signaling once a directional regime has already been established.
This allows the engine to distinguish between:
initial ignition,
confirmed release,
established continuation,
and potential exhaustion.
Higher-Timeframe Context
Higher-timeframe regime information is incorporated into the scoring architecture to determine whether the active regime is supported or opposed by broader volatility conditions.
The HTF Quality Modifier adjusts regime quality according to this alignment.
False Expansion Risk
Not every volatility expansion develops into a sustainable move.
The False Expansion Risk model evaluates contextual conditions that may indicate a weak or unstable expansion and classifies the risk accordingly.
This component is intended to provide an additional layer of caution when volatility increases without sufficient structural support.
VISUAL ENGINE
The lower oscillator provides a compact visualization of regime behavior.
Histogram structure represents changes in volatility state and regime intensity, while the accompanying momentum structure helps visualize directional pressure and developing transitions.
Background regime zones provide additional context for compression, expansion and directional phases.
Event markers highlight significant transitions such as:
BULL IGNITION
Potential bullish volatility ignition.
BEAR IGNITION
Potential bearish volatility ignition.
BULL RELEASE
Bullish expansion gaining confirmation.
BEAR RELEASE
Bearish expansion gaining confirmation.
EXHAUST
Potential exhaustion of an extended volatility phase.
Continuation states are intentionally filtered to reduce unnecessary signal repetition.
DASHBOARD
The integrated dashboard provides a real-time summary of the engine, including:
Regime
Fast Score
Confirmed Score
ATR Regime
Bandwidth State
RVOL
Direction
Setup Bias
Bull / Bear Setup
Dominance
Breakout Memory
Cycle Bias
Cycle State
Ignition Score
Macro Continuation
Release Quality
Quality Grade
Follow Through
HTF Regime
HTF Quality Modifier
Risk Adjustment
False Expansion Risk
Active Event
The dashboard is designed to provide a compact overview of the current volatility environment without requiring interpretation of every individual component.
HOW TO USE
Volatility Regime Engine is designed primarily as a market-context and regime-analysis tool.
It can be used to:
identify volatility compression before potential expansion,
detect early bullish or bearish ignition,
evaluate the quality of developing volatility releases,
distinguish expansion from established continuation,
identify potential exhaustion conditions,
compare directional setup strength,
evaluate higher-timeframe regime alignment,
and assess the risk of unstable or false expansion.
The indicator should not be interpreted as a mechanical buy/sell system. Signals represent changes in volatility structure and should be evaluated together with price action, market structure, trend context, support/resistance and appropriate risk management.
NON-REPAINTING DESIGN
The engine is designed around confirmed-bar calculations for signal generation. Historical signals are not intentionally repositioned after confirmation.
Higher-timeframe information is handled with confirmation-oriented logic to minimize look-ahead bias.
IMPORTANT
Volatility expansion does not necessarily imply bullish price movement. Expansion can occur in either direction.
The primary purpose of the engine is to determine when the volatility environment is changing, which side currently has structural dominance, and whether that transition has sufficient quality to develop into continuation.
Volatility Regime Engine is intended for technical analysis, research and educational purposes only. It does not constitute financial or investment advice. Indikator
Premium + Discount Ranges (M1D)Premium + Discount Ranges
Measures the range you are trading inside, the way it is read by eye from the newest swing point on a chosen timeframe across to the swing of the opposite kind, split into premium and discount either side of an equilibrium. Three ranges can run at once, each on its own timeframe, so an execution range can be read inside the higher one that frames it.
Two ways to bound a range
Period takes the timeframe's own high and low so far: one month is one range, it starts empty at the open and is gone at the rollover. It answers where price sits in the month.
Swing takes the newest confirmed swing high across to the newest swing low on that same timeframe, which owes nothing to the calendar and can run across many periods. It answers which structural range price is inside right now.
Each range picks its own mode, and the chart says which: "1M High" is this month's high, "1M Swing High" is the monthly swing high.
What counts as a swing
A swing is a level price actually turned at, not merely a high that sits above its neighbours while price kept running the same way. The candle has to hold the extreme against a chosen number of candles either side of it, and by default it also has to mark the change of direction — a swing high on the turn from an up candle to a down one, a swing low on the turn from down to up. That second condition can be switched off to accept any candle holding the extreme, regardless of what it turned into.
Every swing is read from candles already closed on its own timeframe, one bar clear of the newest bar, so nothing on a forming higher-timeframe candle can confirm or unconfirm it.
The raided edge
A confirmed swing is the last level price turned at, which is not always the edge of the range being traded right now — the moment a boundary is taken, the real range is already wider than the swings describe. Each boundary is carried out to the extreme price has actually reached since its swing confirmed, and draws dotted while it is out there: a level price has not yet turned at is a raid in progress, not structure. It settles back to solid the moment a new swing confirms behind it. This can be switched off to pin both boundaries to confirmed swings only, with price free to trade outside the range.
Direction and shading
The range is read from whichever swing formed most recently. A new swing low means price has already turned up away from it, so the leg is bullish and discount is the side being worked from; a new swing high reads the other way. The first range is shaded premium and discount by default; the shading can optionally lean toward the side being worked from, fading the other side back. Ranges two and three draw as bare levels by default so a bias range never muddies the range being traded.
Anchoring and labels
Every boundary starts at the candle that set it, never drawn back across bars that closed before that price existed. The equilibrium and the shading begin at the later of the two swings, because a range has no midpoint until both ends exist.
Each range's names can follow the global label settings or override them: centred over the range's own span, to the left, to the right, at the swing that set the level, or off. Two names landing on the same price are merged into one label rather than left stacked; two that land close together without being the same level are separated by a blank line rather than overlapping.
The readout
One panel, two blocks. The first names each active range's timeframe, whether it fits under the chart's own timeframe, which way it is working, which half of it price is trading in, and how far through it price has travelled. The second is a calendar statistic rather than a swing one: the average daily, weekly and monthly range over a chosen number of completed periods, how much of that average the current period has already used, and a countdown to the period's close.
Alerts
Six. Price crossing into premium, price crossing into discount, price trading the equilibrium, the range high taken, the range low taken, and a new swing redrawing the range. All six read the range being traded — range one.
Method and repainting
Swings on ranges two and three are read on their own timeframe via a higher-timeframe request; range one's swing test is likewise timeframe-bound to whichever timeframe is chosen for it. Every swing reads only candles already closed, one bar back, so nothing about it depends on lookahead revealing an unclosed bar.
A confirmed boundary moves only when a genuinely new swing prints. The one part of the drawing that is live by design is a boundary carried out to a raid in progress, and it draws dotted so that is visible rather than implied.
What it will not do
It places no entries, exits, stops or targets, and it does not size a position. It draws no trend line, no bias score and no target projection beyond the range itself. It does not identify order blocks, fair value gaps or liquidity pools — only the swing highs and lows that bound the range and the equilibrium between them.
Settings
Per range: on/off, timeframe, Period or Swing, label placement override, swing strength, premium/discount shading, boundary width. Swing definition: whether a direction turn is required, whether a raided boundary is carried out to price. Shading: premium and discount colours, transparency, whether the shading leans with direction and by how much. Lines: boundary and equilibrium colour and width, how far boundaries extend past the last bar. Labels: side and nudge for the high, low and equilibrium of each range, whether premium/discount get their own names, the collision distance that separates two close labels, whether price is shown in the label, label size and colour. Readout: show/hide, position, size. Average ranges: show/hide, lookback length for each of daily, weekly and monthly, and whether the close countdown is shown.
Disclaimer
This is a decision-support tool for discretionary ICT trading. It is not financial advice, and no market's past behaviour is indicative of future results. Indikator
Trinity ATR LevelsTrinity ATR Levels
Is an open-source overlay that draws volatility levels from the previous period close and a period ATR, then adds a session-aware signal layer on top of those levels.
Credit
The level map is a derivative of Saty ATR Levels by satymahajan, published open-source on TradingView in 2022.
Original:
What this script keeps from Saty:
Previous period close as the anchor
Trigger at a user-set share of ATR (default 0.236)
38.2, 50, 61.8, 78.6, ±1 ATR, and the same extension stack
Day / Multiday / Swing / Position / Long-term period selector
Optional "Use Current Close" switch
8-21-34 ribbon used only to color the small range/ATR info table
What this script adds:
Three modes that change when a signal may fire, not the level math
Confirmed-close ENTER and EXIT through the trigger
Golden Gate open at 38.2 percent, with 61.8 percent as the gate target
Optional pullback markers: trigger pullback (T-PB) and 10-minute EMA8
Optional first-hour previous-close reclaim on 10-minute closes
Session clock for regular hours, premarket, or 24-hour markets
Entry budget, cooldown, debounce, gap-safe open, and an optional entry buffer that does not move the stop
A dashboard that states location, action, targets, stop, and why nothing is firing
Historical percentages that appear only on the exact sample they were measured on
Alerts for the mechanical events above
This is not a republish of Saty ATR Levels with new colors. The ruler is Saty's. The traffic lights, session clock, and scoped percentages are new. Source is open so both parts can be inspected.
What the levels are
Every line is the chosen period's reference close plus or minus a fraction of that period's ATR.
PDC — previous period close. The anchor. Nothing is measured from live price unless you turn "Use Current Close" on.
Call / Put trigger — default 23.6 percent of ATR either side of PDC. A confirmed close through this line is the entry gate. A confirmed close back through it is the exit.
38.2 percent — the Golden Gate opens.
50 percent — midpoint of the gate. The script treats fresh entries here as poor reward versus the stop at the trigger.
61.8 percent — the gate target. Scale out is the intended action.
78.6 percent and ±1 ATR — extension and full-range lines. Rare on a single day. The script does not treat them as add-on zones.
Leave "Use Current Close" OFF for trading. When it is ON, the forming close becomes the anchor, the levels drift with price, the trigger boxes cannot arm correctly, and none of the historical percentages apply. The only intended use is a last-minutes preview of the next period's map. Note the numbers, then switch it back OFF.
The three modes
The levels are the same in every mode. Mode only changes signal timing, re-entry policy, and whether percentages print.
MILKMAN — default. Day period forced. Regular-hours previous close and ATR. Signals only on a 3-minute chart during regular hours. One long and one short trigger entry per session. No entry buffer. Three-bar cooldown after an exit. Percentages print only when the chart is SPY or SPX, 3-minute, Day period, regular session. That is the only configuration those figures were compiled for. On any other symbol they hide.
UNIVERSAL — same structure on any market and timeframe. Signals on every bar. Unlimited re-entries with a longer cooldown. 1 percent ATR entry buffer. Percentages hidden everywhere. They were not measured outside SPY regular hours, so the script does not show SPY numbers on other markets.
CUSTOM — every control under "Signal Rules" applies. Use this only when you know which rule you are changing and why.
How a signal is taken
A wick does not count. The script waits for a confirmed bar close.
Long trigger entry: confirmed close above the call trigger, session and timeframe allowed, entry budget remaining, cooldown finished, and the close beyond any buffer you set.
Long exit: confirmed close back below the call trigger. The stop does not use the buffer.
Short side is the mirror.
After the Golden Gate is open, two extra entries can print: a pullback that tags the trigger again (T-PB), and a pullback to the 10-minute EMA8 inside the gate. The 10-minute EMA8 is requested from the 10-minute timeframe. It is not your chart's own 8 EMA. Above a 10-minute chart that line is only an approximation and those signals are suppressed. The Status row says so.
PDC reclaim is a first-hour 10-minute close back through the previous close after price started the session on the other side of it. It is not a trigger entry. It is a flip warning. It is also suppressed above 10 minutes.
Historical percentages
When they are visible they are historical frequencies from SPY, regular session 09:30-16:00 ET, 3-minute confirmed closes, sample window 2000-2025, compiled as "Milkman stats v2026-08-29". Examples the dashboard and labels may show:
Confirmed call close through the trigger: 73.6 percent reached 38.2 percent the same day. If price then closed back below the trigger, that fell to 59.5 percent.
Median time from a winning call trigger to 38.2 percent: 18 minutes. That is a median, not a deadline.
Trigger day to 38.2 percent: 78.5 percent bull, 79.0 percent bear.
38.2 percent to 61.8 percent: 62.7 percent bull, 65.5 percent bear.
Gate completion from a trigger day: 62.5 percent bull (n=3,421), 65.4 percent bear (n=3,196).
Full ±1 ATR on any day: 13.8 percent up, 16.1 percent down.
The 3-minute close study that produced the 73.6 / 59.5 pair was run on calls only. The script says so on the put trigger. Do not apply that pair to shorts.
These figures are not a win rate for your account, not a forecast, and not valid on QQQ, ES, BTC, a 5-minute chart, weekly levels, or extended-hours closes. If the dashboard says stats are hidden, believe it. The mechanics still run. The percentages do not.
Bilbo
Bilbo is a 1-hour Phase Oscillator state used as context, not as an entry trigger. It can only be read cleanly on a chart of 60 minutes or less. On higher timeframes the dashboard drops the intraday rows rather than inventing a value. Outer-zone states were associated with higher gate-completion frequencies in the same SPY sample. Treat that as sample context, not a filter you must wait for.
How to use it
For the published configuration: AMEX:SPY or SPCFD:SPX , 3-minute, regular hours, Mode = MILKMAN, Level Period left on Day, Use Current Close OFF.
Wait for a confirmed close through the trigger, or for GG / T-PB if you take those.
Stop is a confirmed close back through the same trigger.
Primary target is 61.8 percent. Scale at least half there. Trail remaining size. Do not add at 50 percent.
Read STATUS before you assume the script is broken. It will say if you are on the wrong timeframe, in cooldown, out of entries, or still short of the level.
On crypto, FX, futures, or a 4-hour chart, switch to UNIVERSAL or CUSTOM and ignore percentages.
Swing or Position level periods rebuild the same map from monthly or quarterly ATR. Use a 4-hour or daily chart for those. They are structure, not a 3-minute day-trade signal.
Alerts
Alert text is mechanical on purpose. TradingView freezes alertcondition text at compile time, so the message cannot know your mode or symbol. Percentages live on the dashboard, which does know the scope.
Limitations
Not financial advice. You are responsible for orders, risk, and venue rules.
Percentages describe one historical sample on one product. They can fail going forward.
10-minute EMA8, PDC reclaim, and 1-hour Bilbo are wrong or suppressed above their native timeframes.
Milkman stats require an exact ticker match. SPYG and SPYD do not inherit SPY figures.
A buffer, if set, moves only the entry. You can be in a trade and not yet stopped. The dashboard prints both prices when a buffer is on.
This script plots levels and discrete events. It does not place orders and it is not a strategy report.
Originality
Saty published the close ± ATR fib map and the period selector. This publication keeps that map, credits it, and adds a separate signal and session layer plus scoped historical labels. Code is open so the split is visible. If you only need the original lines, use Saty ATR Levels.
Published under the Mozilla Public License 2.0, subject to TradingView Script Publishing Rules, which take precedence for what may appear in the public library.
Full user guide: What this tool is
Trinity ATR Levels is a map of where the current period sits inside yesterday’s (or last week’s, month’s, quarter’s, year’s) volatility, plus a set of rules for when a bar is allowed to count as an entry or an exit.
It does not know your account size, your options expiry, or whether the next bar will continue. It answers four questions:
Where is price relative to the previous close and the ATR grid?
Has a confirmed close gone through the trigger?
Is the Golden Gate open?
If nothing is printing, why?
If you treat the percentages as a promise, you will misuse it. If you treat the lines as a fixed map and the markers as timestamps of confirmed events, it does what it was built to do.
### What you need on the chart
Add the script to a standard candlestick chart. Do not use Heikin Ashi, Renko, Kagi, line break, point and figure, or range bars if you care about the signals. Those charts change the close that the engine tests.
For the configuration the historical numbers belong to:
Open SPY or SPX.
Set the chart to 3 minutes.
Use regular trading hours for the Milkman mode. Turn extended hours on only if you also want premarket high and low drawn. Premarket lines stay blank without extended hours.
Leave Mode on MILKMAN.
Leave Level Period on Day. Milkman forces Day even if you change the input.
Leave Use Current Close OFF.
Leave Trigger at 0.236 unless you have a reason to move it. Every label reads that input, so the text will follow you if you change it.
If you are on QQQ, ES, NQ, a single name, FX, or crypto, switch Mode to UNIVERSAL before you look at the dashboard. The lines will still draw. The percentages should not.
### The map, from the middle outward
All distances are a fraction of the selected period’s ATR, measured from the previous period close (PDC).
PDC is the spine. On a Day period in Milkman mode it is yesterday’s regular-session close, not last night’s extended print and not the live price.
The call trigger sits 0.236 ATR above PDC. The put trigger sits 0.236 ATR below it. These two lines are the only entry gate and the only mechanical stop. Price touching them is not an event. A confirmed candle close through them is.
38.2 percent of ATR beyond PDC is where the Golden Gate opens. From there to 61.8 percent is the corridor the script treats as the trade. 61.8 percent is the gate target, not a suggestion to hold for a full ATR.
50 percent is halfway through that corridor. The script’s labels tell you not to start a new position there. Reward left to 61.8 is smaller than the risk back to the trigger. If you are already in, you hold and you still use the trigger as the stop.
78.6 percent is past the gate. The intended action on arrival is to trail, not to add.
±1 ATR is the full daily range relative to PDC. In the SPY sample a complete +1 ATR day happened on 13.8 percent of days and a complete −1 ATR day on 16.1 percent of days. Treat it as rare air, take remaining profits, and do not invent a second system beyond it.
Extensions past 1 ATR (1.236, 1.618, 2.0, and so on) are optional. Simple Mode hides them. They are orientation, not entries.
Previous period high and low, and premarket high and low, are extra structure. They are not part of the trigger rule. Premarket needs the 04:00–09:30 window (exchange time) and extended hours enabled.
The 10-minute EMA8 is pulled from the 10-minute timeframe so it is the same line on a 1-minute, 3-minute, or 10-minute chart. Confirmed mode steps every 10 minutes. That staircase is the real completed value. Live mode is smoother and it moves inside the bar. Signals test the confirmed value.
### Confirmed close is the whole mechanic
Saty’s original script drew the lines and stopped. Trinity adds a rule: the event is the close of a finished bar that is allowed to speak.
Allowed to speak means three things at once.
The chart timeframe is allowed. In Milkman that is 3 minutes only. On a 1-minute or 5-minute chart in Milkman, signals stay off and STATUS will say so.
The session is allowed. In Milkman that is regular hours only. Overnight bars do not arm the trigger.
The bar is confirmed. A live wick through the trigger during the forming bar is not an entry.
Exit is the same test in reverse: a confirmed close back through the trigger ends the setup. That invalidation is the filter. In the call-side 3-minute sample, a confirmed close above the trigger reached 38.2 percent the same day 73.6 percent of the time. If price then closed back below the trigger, that dropped to 59.5 percent. The numbers are history. The rule is: if the trigger gives the close back, you are out.
Wicks do not count on the way in and they do not count on the way out.
### The markers you will see
ENTER under or over a bar is a trigger entry. Long is a confirmed close above the call trigger. Short is a confirmed close below the put trigger.
EXIT is the invalidation close back through that same trigger.
GG is the Golden Gate opening: a confirmed close that first reaches 38.2 percent with the trade already allowed. That bar can also be painted gold if you leave gate coloring on.
T-PB is a pullback to the trigger after the gate is already open. The script ranks this as the best expected-value add or re-entry in the sample it displays. It is not a second daily trigger budget item in the same way as ENTER. It is a pullback event.
EMA8 is a pullback to the 10-minute EMA8 while price is inside the gate. Off by default because it prints often. It is suppressed above a 10-minute chart.
PDC is a first-hour reclaim or loss of the previous close on a 10-minute close. First hour means sixty minutes from the session start the mode is using. On SPY in Milkman that is 09:30–10:30 Eastern. It is a flip warning, not an order.
If markers are missing, read STATUS before you hunt through settings. The usual causes are: not 3 minutes, not regular hours, already used the one entry per direction, still inside the cooldown after an EXIT, or the chart is coarser than 10 minutes so EMA8 and PDC reclaim are disabled.
### How to take a long, step by step
Set Milkman on SPY 3-minute before the cash open if you can, so the levels are fixed and you can mark the call trigger and 38.2 / 61.8 before price gets there.
Do nothing in the trigger box except watch. The box is the space between PDC and the call trigger. Occupying it is common. It is not a signal.
When a 3-minute candle closes above the call trigger during regular hours, that is ENTER. In Milkman you get one of those per direction per session. After that, further longs come from T-PB, GG, or EMA8, not from another raw trigger fire.
Stop is already defined: a later 3-minute close back below the call trigger. You do not trail that stop until the gate target is reached. You do not move it to 50 percent. You do not use a wick.
If price reaches 38.2 percent, the gate is open. You may already be in from the trigger. You may enter there immediately. You may wait for a pullback to the trigger. The sample ranked those options in that order of expected value, with a fresh entry at 50 percent last and negative. Use that ranking as context, not as a second strategy.
At 61.8 percent, scale out at least half. Trail what is left. If price continues to 78.6 percent, trail again; do not add. If a full ATR prints, the script’s guidance is to finish the position. Mean reversion toward PDC is the next map, not a reason to press the same trade.
If you get stopped and the session still has time, Milkman will not give you another raw ENTER in that direction. That is intentional. A stop-out is the invalidation. Chasing a second trigger fire is how the 73.6 percent figure becomes the 59.5 percent figure.
Shorts are the mirror image. One extra warning: the 73.6 / 59.5 pair is call-side only. Bear-side labels use the bear frequencies (trigger to 38.2, gate completion, hold rates) and they say so. Do not quote the call study on a put.
### The three modes in practice
MILKMAN is the published study shape. Use it when you want the script to behave like the sample: SPY or SPX, cash session, 3-minute closes, daily ATR, one bite per side. If you take it to TSLA or to a 5-minute chart and wonder why stats vanished or signals died, that is the mode working.
UNIVERSAL is the same ruler on a market that has no cash open. Crypto and FX should live here. Signals run all day. Re-entries are unlimited. A 1 percent ATR buffer sits beyond the trigger so a messy close through the line does not count until price clears it. The stop stays on the trigger, so there is a band where you can be in and not yet stopped. The dashboard prints both prices when that buffer is on. Percentages stay off. Showing 73.6 percent on BTC would be invented evidence.
CUSTOM is a workshop. Every item under Signal Rules starts to matter: which timeframe may fire, which session, how many entries, how many bars of cooldown, how large a buffer, whether pullbacks fire once or on every linger, whether an overnight gap through the trigger still counts, and whether stats hide off the SPY 3-minute Day RTH scope. Change one thing at a time. If you do not know why you are changing it, stay on Milkman or Universal.
### Reading the dashboard
Full layout is the operator panel. Compact keeps the six lines you act on and shortens the wording. Off removes the panel and leaves levels and markers. Above a 1-hour chart the script drops the intraday rows instead of leaving them marked inactive, because the 3-minute entry rules and the 1-hour Bilbo state cannot be evaluated there.
The Mode row is a one-line reminder of which preset is live and whether stats are on.
Location is where price sits on the map: still inside the trigger box, through the trigger, inside the gate, past 61.8, or out at a full ATR.
Watch and Entry tell you what would have to happen next. If the next event is “need a confirmed close above 612.40,” that is the instruction. If the next event is “cooldown, 2 bars left,” that is also the instruction.
Targets and Stop reprint 61.8 and the trigger so you do not have to hunt labels during a fast bar.
Stall guidance is what to do when price is inside the gate and not moving. The default answer is hold until a trigger close against you or a 61.8 print.
Bilbo is the 1-hour Phase Oscillator context: high or low zone, rising or falling. In the same SPY sample, outer-zone states came with higher gate-completion frequencies, with Low+Falling the strongest bear-side figure in that set. You do not wait for Bilbo to take a trigger. You use it to decide how hard you lean on a runner.
Context and Timing cover session phase, first hour, and how the sample behaved in similar locations. Distance prints how far you are from the trigger, 38.2, and 61.8 in price and in percent of ATR, and how far an open trade has traveled through the gate.
STATUS is the line to trust when the chart looks dead. It will say signals are gated off, the timeframe is degraded, the daily budget is spent, cooldown is running, or you are simply waiting and how far the level still is. If STATUS and your eyes disagree, STATUS wins. The script is telling you which rule blocked the print.
The smaller range/ATR info table is Saty’s original idea: period name, how much of the ATR the current period has already used, and the two trigger prices. Green / orange / red on that range reading is utilization, not a signal. A day that has already spent most of its ATR has less room left to the full-range line. That does not forbid a trigger trade. It tells you the remaining runner is smaller.
### Bilbo, without mystique
Bilbo is not a person and it is not an extra level. It is a classification of the last completed 1-hour Phase Oscillator reading into high/low and rising/falling.
The script can only request that 1-hour series cleanly when your chart is 60 minutes or finer. On a 4-hour or daily chart the value you would get is not the completed hour the sample used, so the script stops showing the row.
Use it as a weight, not a gate. A call trigger with High+Rising or High+Falling in the sample completed the gate more often than the unfiltered baseline. A put trigger with Low+Falling was the strongest cell in that grid. None of those cells are 100 percent. None of them override a confirmed close back through the trigger.
### Historical numbers, and how not to lie to yourself
When stats are on, labels and the dashboard splice in frequencies from one compiled block: SPY, regular hours, 3-minute confirmed closes, 2000–2025, version tag Milkman stats v2026-08-29.
A few more figures you will see in Detailed labels, so they are not a surprise:
Trigger day reaching 38.2 percent: 78.5 percent bull, 79.0 percent bear.
38.2 to 61.8: 62.7 percent bull, 65.5 percent bear.
61.8 to 78.6: 68.9 percent bull, 74.7 percent bear.
78.6 to full ATR: 60.9 percent bull, 66.9 percent bear.
Gate completion from the trigger day: 62.5 percent bull, 65.4 percent bear.
Expected-value ranking in that sample put trigger pullback first, immediate 38.2 second, 10-minute EMA8 third, and a fresh 50 percent entry last and negative.
First-hour 10-minute PDC reclaim then reaching a trigger: 73.0 percent in that sample. Reclaim then reaching the gate: 49.0 percent.
Those are counts of past days that did a thing after another thing. They are not the probability of your next trade. They disappear the moment you leave SPY/SPX, leave 3 minutes, leave Day levels, or leave the regular-session close. SPYG is not SPY. The script checks the ticker exactly.
If you publish commentary, quote the scope in the same sentence as the number. “73.6 percent of confirmed SPY 3-minute call closes through the trigger reached 38.2 percent the same day in the 2000–2025 regular-hours sample” is honest. “This setup wins 74 percent of the time” is not.
### Settings that change behavior versus settings that only change paint
Mode, Level Period, ATR length, Trigger share, PDC/ATR session, and Use Current Close change the map or the clock.
Signal Rules change who is allowed to fire. They are ignored unless Mode is CUSTOM, except that Milkman and Universal already stamp their own values onto those same internal switches.
Display, colors, Simple Mode, dashboard position and size, legend, and label detail change what you see. Simple Mode keeps PDC, both triggers, 38.2, and 61.8, and hides 50, 78.6, extensions, prior high/low, and premarket. That is the right first view if the chart is unreadable.
Chart Markers turn ENTER, EXIT, GG, T-PB, EMA8, PDC, and gate-candle color on or off one at a time. Turning markers off does not turn the logic off. Alerts can still fire.
The colour-blind palette replaces gold/green pairs that collapse under deuteranopia. Use it if you cannot separate the default gate and trigger colors.
Runner Target under Trend & Runner is a discretionary extra line at 1.0, 1.236, 1.618, 2.0, 2.618, or 3.0 ATR. It is not the researched gate target. If both tags are on, 61.8 is the gate, the runner tag is optional greed. Do not confuse them.
Alert checkboxes only enable the long or short trigger alerts. The other alertconditions still exist in the script’s alert list when you create an alert on the chart.
### Alerts
Create the alert from this script on the chart, not from a second copy. Pick the condition by name.
ENTER Long / ENTER Short: confirmed close through the trigger.
EXIT Long / EXIT Short: confirmed close back through it.
Gate Open: first 38.2 event.
T-PB: pullback to the trigger with the gate already open.
EMA8 Pullback: 10-minute EMA8 tag inside the gate.
Gate Complete: confirmed close through 61.8.
PDC Reclaim: first-hour 10-minute close back through PDC.
The message body is mechanics only. It will not paste a SPY percentage onto a Bitcoin alert. That is deliberate. Read the dashboard for numbers.
### Timeframes other than 3 minutes
The levels will draw on any chart because they come from a higher-timeframe request. The signals will not always draw.
On 1 minute in Milkman, the engine refuses to fire because the study used 3-minute closes. Switch to Custom and “Any chart timeframe” only if you accept that you have left the sample.
On 5 or 15 minutes the Day levels still sit in the right place. A 15-minute close through the trigger is a different event from a 3-minute close through the trigger. Do not quote the 73.6 percent figure there.
On 1 hour and above, EMA8 pullback, PDC reclaim, and Bilbo are degraded or removed. STATUS and the swing layout of the dashboard are the honest view: location, targets, stop, distance.
On Swing or Position periods the same fibs are built from monthly or quarterly ATR. That is a multi-week map. Read it on a 4-hour or daily chart of a liquid name. Thin small-cap crypto can travel several of those ATRs in a session and then go dead. Daily period is safer there.
### The one setting that breaks the tool
Use Current Close ON rebuilds every line from the live close. Price is then sitting on the anchor by definition. The trigger box is “price between the close and a trigger,” which can never be true when the close is the live price. The gate cannot open. History on the chart becomes look-ahead because each past day is drawn from that day’s own close. The Milkman percentages assume a locked prior close. Turn this on only after the session, to preview tomorrow, then turn it off.
### What this script will not do
It will not size the position.
It will not know your option delta or your expiry.
It will not place the Webull or broker order.
It will not stay honest if you show it on Heikin Ashi and take the signals.
It will not carry SPY frequencies onto another product.
It will not keep a trade alive after a confirmed close back through the trigger just because 38.2 “usually” gets reached.
It will not replace Saty ATR Levels if all you wanted was the quiet fib grid. Use Saty’s script for that. Use Trinity when you want the grid and a clock that says when a close counts.
### A simple daily routine
Before 09:30 Eastern on SPY, load the 3-minute chart, Milkman, current close off. Write down PDC, call trigger, put trigger, upper 38.2, upper 61.8, lower 38.2, lower 61.8.
During the first hour, note whether price is stuck in a box, already through a trigger, or reclaiming PDC on a 10-minute close.
Take at most one raw trigger per side. Prefer a close, not a poke. Put the stop on the other side of that same line as a close, not as a tick.
If the gate opens, manage to 61.8. If it fails back through the trigger, flatten and stop trading that direction on the raw trigger for the rest of the session.
After 16:00, if you want tomorrow’s sketch, flip Use Current Close on for one minute, write the projected levels, flip it off.
If STATUS ever says you are out of scope, you are. Change product or mode on purpose, not by accident.
That is the whole tool: Saty’s ruler, a confirmed-close clock, a gate from 38.2 to 61.8, and a dashboard that tells you when the clock is not allowed to tick. Indikator
Consolidation DNA | Flux ChartsGENERAL OVERVIEW:
Consolidation DNA is a market structure tool that finds price consolidations and describes what is happening inside them. A consolidation is any stretch where price stops travelling and starts moving sideways in a contained area. Most tools stop at drawing a box around that area. Consolidation DNA draws the box and then measures twelve properties of the price action inside it. Eleven of those measurements are compared against five reference profiles, and the indicator reports which profile the consolidation matches most closely. It has two detection methods, one that builds a range out of consecutive compressed candles and one that builds a range out of a fixed price area that price has stayed inside, and both produce the same output, so a trader can choose whichever suits the instrument and the timeframe.
Once a range is confirmed, the indicator watches for the moment price leaves it. It marks that break, freezes the box at the break bar, and then follows price for a set number of bars afterwards to record how far it travelled away from the range. Those measurements are grouped by consolidation type and shown in a dashboard, so a trader can look at the loaded chart history and see how each type of consolidation behaved after it broke. The five types are Clean Coil, Choppy Range, Directional Pressure, Exhaustion, and High Effort Balance, and each one describes a different kind of sideways market. A Clean Coil and a Choppy Range both look like a box on a chart, but the price action inside them is very different, and the indicator separates them using measurements taken from the candles.
WHAT IS THE THEORY BEHIND THE INDICATOR?
Price spends a large part of every session moving sideways. Traders call these areas consolidations, ranges, bases, or coils. The common idea behind all of these names is the same. Buyers and sellers are close to balanced, so price stays inside a contained area for a while before one side takes control and price leaves the area. The problem is that not every sideways area is the same. Two boxes on a chart can look identical in width and height while the candles inside them tell completely different stories.
In one box, the candles are small, they overlap each other heavily, they close near the middle of the area, they alternate direction only occasionally, and volume is quiet. This is the classic picture of a market winding up, and traders call it a coil. In another box of the same size, the candles have long wicks on both sides, closes land near the edges, direction alternates almost every bar, and volume is higher. This is the picture of a market fighting itself, and traders call it chop. A third box holds together while the closes keep drifting toward one edge and the wicks build up on one side, so price is still contained while pressure builds in a direction. A fourth box holds while volume drops away compared with the period before it and directional progress slows down, which is a market running out of participation. A fifth box shows heavy volume, split fairly evenly between rising and falling candles, while price makes almost no net progress, so a large amount of activity is being taken inside a small area.
These five pictures are the reference profiles the indicator uses. Each one is defined by a set of numeric targets across eleven measurements. When a consolidation confirms, the indicator measures the same eleven properties on the live range and finds which of the five profiles sits closest to it in measurement space. The closeness of that match becomes a fit score, and the distance between the best match and the second best match becomes a confidence gap. Both figures describe how closely the structure resembles a profile, and neither one describes what price is likely to do next. The value of this approach is that the description comes from the price action itself. A trader reading the dashboard sees which measurements are high, which are low, and which profile they add up to, and can form a view about the range from that.
The second half of the theory is the record keeping. Once a range breaks, the indicator follows price for a fixed number of bars and records the furthest it travelled away from the range in the break direction. That travel is expressed as a multiple of the range height, so a two point move away from a two point range and a twenty point move away from a twenty point range both record as one times the range. Grouping those records by consolidation type produces a small table describing what happened after each type of consolidation broke on the loaded chart history.
CONSOLIDATION DNA FEATURES:
Consolidation Detection
Consolidation Classification
Range Break Detection
Expansion Tracking
Consolidation Dashboard
Alerts
CONSOLIDATION DETECTION
🔹 What is Consolidation Detection?
Consolidation Detection is the part of the indicator that finds the sideways areas and draws boxes around them. It runs on every bar and produces a range that has a start bar, a high, and a low. That range moves through two states. It starts as a developing range, which means the indicator has found the beginning of something but the area has not lasted long enough to be treated as real. It then becomes a mature range once it has lasted for the required number of bars.
The classification measurements run while a range is still developing, and the dashboard may show a provisional type before confirmation. Only the classification calculated at maturity is held and used afterwards, and only mature ranges can produce a break or be added to the statistics.
🔹 Why is Consolidation Detection important?
Every other part of the indicator depends on getting the range right. If the box is drawn around the wrong bars, the measurements inside it describe the wrong price action, the classification is wrong, and the statistics are wrong. Two detection methods are offered because instruments behave differently. A fast futures contract on a low timeframe produces clean runs of small candles, which suits candle based detection. A slower instrument, or a higher timeframe, often produces a contained area made of mixed candle sizes, which suits area based detection.
🔹 How is Consolidation Detection calculated?
The Candles method looks at each candle on its own and decides whether it is a compressed candle. A candle is compressed when two conditions are both true. The body must be smaller than half of the total candle height, measured as the distance from open to close against the distance from high to low. The candle height must also be smaller than the four period Average True Range. A candle that has a small body but a large height is not compressed, and a candle that is short but almost all body is not compressed either. Both conditions must be true together.
When a compressed candle appears, a run starts. The bar it appeared on becomes the start of the range, and its high and low become the first range boundaries. Every following compressed candle extends the run, and the range high and range low widen to include that candle. While a range is still developing, the moment a candle appears that is not compressed, the run ends and is cleared completely. The range must be rebuilt from a new compressed candle.
The Visual Range method works on a fixed area. On each bar the indicator takes the highest high and the lowest low of the last three bars and treats that area as a seed range. If price then trades above the top of that area or below the bottom of it, the area is cleared and a new seed is taken from the most recent three bars. If price stays inside, the area is kept and the count of bars inside it grows. The range boundaries in this method do not widen once the seed is set, because any move outside them clears the range and starts a new one.
In both methods, the number of bars the range has lasted is measured from the start bar to the current bar. When that count reaches the required minimum, the range becomes mature. At that moment the range high and range low are frozen and they no longer move.
While a range is still developing, the indicator checks on every bar that the detection run still starts on the same bar it started on before. If the start bar changes, meaning the run was broken and a new one began, the developing range is cleared and its box is removed. Nothing is recorded for a developing range that never matured. This check stops once a range matures. A mature range holds its fixed boundaries and stays active through candles of any size until price breaks out of it.
After a mature range breaks, a new range cannot open from a detection run that began before the break bar. The indicator waits for a run that starts after the break.
🔹 Settings
Detection Method: Chooses how ranges are found. Candles builds the range from consecutive compressed candles. Visual Range builds the range from a fixed price area that price has stayed inside. This changes the logic of the indicator and the default is Candles.
Min. Consolidating Candles: The number of consecutive compressed candles required before a range becomes mature. Lower numbers produce more ranges and shorter ones. Higher numbers produce fewer ranges that lasted longer. This setting is only active when Detection Method is set to Candles. The default is 4 and the range is 1 to 20.
Min. Candles in Range: The number of bars price must stay inside the seed area before the range becomes mature. This setting is only active when Detection Method is set to Visual Range. The default is 20 and the range is 3 to 160.
🔹 Customization
Developing Boxes: Draws the box while the range is still developing. The default is on.
Mature Boxes: Draws the box once the range has matured, and controls whether the box is kept on the chart after the range breaks. When this is off, a mature range still produces breaks and statistics while no box is drawn for it. The default is on.
Developing: The border and fill color used while the range is developing. The default is a light blue.
Mature: The border and fill color used for a mature range whose type reads Unclear. Ranges with a matched type use that type color. The default is a green.
CONSOLIDATION CLASSIFICATION
🔹 What is Consolidation Classification?
Consolidation Classification is the part of the indicator that describes what kind of consolidation has formed. When a range matures, the indicator measures twelve properties of the price action inside it and compares eleven of them against five reference profiles. The closest profile becomes the type of that consolidation, and the type is shown on the box color, on the label, and in the dashboard.
The five types are Clean Coil, Choppy Range, Directional Pressure, Exhaustion, and High Effort Balance. A sixth outcome, Unclear, appears when no profile is close enough.
🔹 Why is Consolidation Classification important?
A box on a chart tells a trader where a range is, and that is all. It says nothing about whether the market inside that box was winding up quietly, fighting itself, leaning in a direction, running out of participation, or absorbing heavy volume. Those are different situations and traders treat them differently. Classification gives the box a description built from the candles inside it, so the box carries information beyond its own outline.
🔹 How is Consolidation Classification calculated?
The indicator measures twelve properties on every bar. Each one is expressed as a number from zero to one hundred so they can be compared with each other.
The three Structure readings describe how contained the area is. Range Tightness compares the height of the current range against a pool of previously confirmed ranges on the same chart, so a high reading means the current range is small compared with the ranges that came before it. Candle Overlap measures how much price area each bar shares with the bar before it, averaged across the range, and a high reading means the bars sit on top of each other cleanly. Close Containment measures the share of closes that land inside the range after a padding is trimmed from the top and the bottom, and a high reading means closes are staying in the middle area.
The three Pressure readings describe whether the range is leaning in a direction. Trend Drift compares the net move from the first close in the window to the last close against the total of every close to close move in between, and a high reading means most of the movement went in one direction. Close Bias measures how far the average close sits away from the middle of the range, where a reading of zero means closes averaged out at the midpoint and a reading of one hundred means closes sat at one edge. Wick Bias measures the difference between total upper wick and total lower wick as a share of all wick, and a high reading means the wicks are concentrated on one side.
The three Chop / Effort readings describe how much back and forth action the area is taking and how busy it is. Flip Rate measures how often a candle points in the opposite direction to the one before it, and a high reading means direction alternated frequently. Wick Rejection measures the total length of all upper and lower wicks as a share of the total candle height across the range, so a high reading means a large part of the price action was wicks. Effort compares the average volume inside the range against the average volume of the window of equal length that came before it, where a reading of fifty means volume matched the earlier window and a reading above fifty means volume was higher.
The three Balance / Exhaust readings cover volume symmetry, the change in pace, and how long the setup has run. Volume Balance measures how evenly the estimated bullish and bearish volume inside the range are matched, where a high reading means the two sides are close to equal and a low reading means one side dominates, and on a symbol that reports no volume this reading is left blank and the profiles are compared on the remaining ten measurements. Slowdown compares the directional progress of the earlier window against the directional progress of the current one, and a high reading means the market made much less directional progress than it did before. Duration compares how long the current setup has lasted against the number of bars required for confirmation.
The Volume Balance reading is an estimate built from one minute candles when the chart timeframe is above one minute. Each one minute candle is counted as bullish or bearish using its body direction, falling back to its close against the previous close when the body is flat, and a candle that is flat on both counts has its volume split evenly between the two sides. That volume is then scaled by how much of the candle's price range overlaps the consolidation. This approximates how much participation happened inside the area. It is not order flow and it is not volume at price data, so it cannot show which side initiated a trade or where inside a candle the volume changed hands. When one minute data is unavailable the estimate is built from the chart candles directly. This measurement reads the most recent thirty bars of the range.
Each of the five profiles holds a target value for eleven of these measurements. The indicator measures the squared difference between every live reading and its target, averages those differences, takes the square root, and subtracts the result from one hundred. That produces a fit score for each profile. The profile with the highest fit becomes the primary type and the next highest becomes the secondary type. Two thresholds then decide what is displayed. If the highest fit is below fifty five, the type reads Unclear, because no profile was close enough to describe the range. If the highest fit is at least fifty five but the gap between the best and second best is smaller than eight, both names are displayed together separated by a slash, because two profiles describe the range almost equally well. When the fit is at least fifty five and the gap is eight or more, a single type name is displayed.
The Duration measurement is calculated and displayed in the dashboard while the five profiles hold no target for it, so it reports on the setup without affecting which type is chosen. Every other measurement in the dashboard is compared against the profiles. The type is recorded at the moment the range matures and it is held from then on. It does not change while the range waits for a break.
🔹 Reading the five types
Clean Coil sits at high Range Tightness, high Candle Overlap, high Close Containment, low Wick Rejection, low Trend Drift, and low Flip Rate. It describes a small, orderly area where the candles sit on top of each other and the closes stay in the middle.
Choppy Range sits at high Wick Rejection and high Flip Rate with weaker Close Containment. It describes a sideways area where direction changes constantly and a large part of the movement is wicks.
Directional Pressure sits at high Trend Drift and high Close Bias with a lean in Wick Bias and volume leaning to one side. It describes a range that is still holding while the closes keep pushing toward one edge. Trend Drift, Close Bias, and Wick Bias are all measured as magnitudes, so this profile reports that a lean exists while it does not name which side the lean favours. The direction is recorded separately at the moment the range breaks.
Exhaustion sits at low Effort and high Slowdown. It describes a contained area where volume has fallen away compared with the earlier window and directional progress has dropped.
High Effort Balance sits at very high Effort and very high Volume Balance while Trend Drift stays low. It describes an area taking heavy volume that is split fairly evenly between rising and falling candles while price makes almost no net progress.
🔹 Settings
Comparison Lookback: The number of previously confirmed ranges kept as the comparison pool for Range Tightness. A larger number compares the current range against a longer history and a smaller number compares it against recent conditions only. The pool fills up as ranges confirm on the loaded chart, so Range Tightness reads a neutral fifty until the first range has been recorded. The default is 200 and the range is 40 to 1000.
Analysis Window: The largest number of bars used to measure the price action inside a range. A range longer than this number is measured using its most recent bars up to this limit. The default is 200 and the range is 10 to 1000.
Inner Close Padding %: The share of the range height trimmed from the top and the bottom before Close Containment counts which closes are inside. A larger number demands that closes sit closer to the middle before they count as contained. A value of zero counts every close inside the range. The default is 10 and the range is 0 to 40.
🔹 Customization
Clean Coil: The color used for boxes, labels, and dashboard text when the type is Clean Coil. The default is teal.
Choppy Range: The color used when the type is Choppy Range. The default is orange.
Directional Pressure: The color used when the type is Directional Pressure. The default is blue.
Exhaustion: The color used when the type is Exhaustion. The default is amber.
High Effort Balance: The color used when the type is High Effort Balance. The default is purple.
Detection Labels: Draws a label above the box on the bar a range matures, showing the type name and the fit percentage. The label carries a tooltip describing the type and listing the fit and the confidence gap. This option requires Mature Boxes to be on. The default is off.
Developing Labels: Draws a label at the midpoint of the box on the bar a developing range starts. This option requires Developing Boxes to be on. The default is off.
RANGE BREAK DETECTION
🔹 What is Range Break Detection?
Range Break Detection is the part of the indicator that decides when a mature range has ended. Price leaving the range in either direction ends the range. The indicator records the bar it happened on, the direction it happened in, and the height of the range at that moment, then freezes the box so it stops extending to the right.
🔹 Why is Range Break Detection important?
The point at which a range ends is the point a trader cares about, because it is where the contained period stops and directional movement begins. It is also the anchor for every measurement that follows. The expansion travel is measured from the range boundary, and it is expressed as a multiple of the range height, so both numbers must be fixed at the break bar for the statistics to mean anything.
🔹 How is Range Break Detection calculated?
The indicator offers two definitions and the trader chooses one. Under Close Break the range ends when a candle closes above the range high or closes below the range low, so a candle that pushes outside the range during the bar and closes back inside does not end it. Under Wick Break the range ends the moment any part of a candle trades above the range high or below the range low, and the close is not considered at all. Close Break therefore produces fewer breaks, each one requiring a candle to settle outside the area, while Wick Break produces more and catches the first touch outside it.
The direction is recorded as up when the range high was broken and down when the range low was broken, and when both boundaries are exceeded on the same bar the upward break takes priority. At that moment the box stops extending and its right edge is fixed at the break bar, where it stays on the chart as a record of the completed range, while the live range is cleared so the indicator can begin looking for the next one.
The Close Break check reads the current close value, and the Wick Break check reads the current high and low. On a bar that has already closed these are the finalized candle values. On the bar currently forming they are live and still moving, so a break can appear and then disappear while the bar is still open, and it settles when the bar closes. An alert set to fire Once Per Bar Close will report only the breaks that survived to the candle close.
🔹 Bullish Example
A mature range holds for several bars while the dashboard release state reads Waiting. A candle then closes above the range high. With Invalidation Method set to Close Break, the range ends on that candle, the box stops extending and its right edge is fixed at that bar, and a Break Up label is placed at the range high. From that bar the indicator begins measuring how far price travels above the range high, and it continues for the number of bars set in Expansion Window.
🔹 Bearish Example
A mature range holds for several bars while the dashboard release state reads Waiting. A candle then closes below the range low. With Invalidation Method set to Close Break, the range ends on that candle, the box stops extending and its right edge is fixed at that bar, and a Break Down label is placed at the range low. From that bar the indicator begins measuring how far price travels below the range low, and it continues for the number of bars set in Expansion Window.
🔹 Settings
Invalidation Method: Chooses the definition used to end a mature range. Wick Break ends the range on any trade outside the boundaries. Close Break requires a candle to close outside the boundaries. The default is Close Break.
🔹 Customization
Release Labels: Draws a label at the broken boundary on the break bar, reading Break Up or Break Down. The label carries a tooltip listing the method used, the type of the range, the fit percentage, and the range height. The default is off.
Max Stored Boxes: The largest number of completed boxes kept on the chart. Once the count passes this number, the oldest completed box is removed. The default is 80 and the range is 10 to 180.
Max Stored Labels: The largest number of labels kept on the chart across all label types. Once the count passes this number, the oldest label is removed. The default is 120 and the range is 10 to 400.
EXPANSION TRACKING
🔹 What is Expansion Tracking?
Expansion Tracking follows price after a range has broken and records the furthest it travelled away from the range in the break direction. It watches for a set number of bars, records the largest travel it saw, and then adds that record to a running total for the consolidation type.
🔹 Why is Expansion Tracking important?
A break on its own says only that price left the area. It says nothing about how far it went afterwards. Measuring the travel and expressing it as a multiple of the range height makes those measurements comparable across instruments, timeframes, and range sizes, which means they can be grouped and averaged. Grouping them by consolidation type produces a description of how each type behaved after breaking on the loaded chart history.
🔹 How is Expansion Tracking calculated?
When a mature range breaks, the indicator starts a record holding the break direction, the two range boundaries, and the height of the range at that moment, and from that point onward it measures on every bar how far price has travelled away from the broken boundary. For an upward break that travel is the distance from the range high up to the bar high, and for a downward break it is the distance from the range low down to the bar low, so only movement away from the range counts and a bar that trades entirely back inside contributes zero. Each measurement is divided by the range height and compared against the largest value seen so far, and whenever a new largest value appears the indicator records the bar and the price where it occurred so that exact point can be marked on the chart.
The record continues until the window set in Expansion Window has elapsed, counting the break bar itself as the first bar of that window, at which point the largest travel it saw is added to the running total for that consolidation type, the sample count for that type is added to, and the record itself is removed. Records that are still inside their window are held back and they join the averages once their window has finished. Because every measurement is expressed against the height of its own range, a travel equal to one hundred percent of the range height displays as one times, so a range that was ten points tall followed by a move of eighteen points away from the boundary records as one point eight times, which lets ranges of very different sizes be compared on one scale.
Every mature range that breaks is credited to the type profile that scored highest for it, and this includes ranges whose label read Unclear, where the fit sat below the display threshold and no type name was shown. Those breaks are still recorded and they are credited to whichever profile came closest. This is a fixed convention in the indicator, so the counts in the dashboard describe every break that occurred on the loaded chart.
🔹 Settings
Expansion Window: The length of the measurement window, counted from the break bar. The break bar itself counts as the first bar, so a value of 50 covers the break bar and the 49 bars that follow it. A short window records the immediate reaction to the break. A long window records how far the move eventually reached. Changing this number changes every average in the dashboard, because it changes how long each break is followed. The default is 50 and the range is 1 to 500.
🔹 Customization
Expansion Labels: Draws a label showing the travel as a multiple of the range height. It is placed once the window has finished, on the earlier bar where the furthest travel occurred, so it marks a completed outcome in hindsight and it is not present while that move is happening. The default is off.
CONSOLIDATION DASHBOARD
🔹 What is the Consolidation Dashboard?
The Consolidation Dashboard is a table drawn on the chart that reports the current state of the indicator and the history it has recorded. It has three parts. The header reports what state the indicator is in and which type the active setup matches. The middle section reports twelve readings for the active setup, which are the eleven compared against the profiles plus Duration. The lower section groups the recorded breaks by type.
🔹 Why is the Consolidation Dashboard important?
The box and its color report the conclusion. The dashboard reports the measurements the conclusion was drawn from, together with Duration, which describes the setup without feeding it. A trader who can see that Range Tightness is at ninety, Candle Overlap is at eighty five, and Flip Rate is at fifteen understands why the range was described as a Clean Coil, and can also see when a reading is borderline. The type and the fit percentage are held from the moment the range matured while the measurement rows keep updating on every bar, so on a range that has been holding for a while the live readings describe the range as it stands now and the type describes it as it was at confirmation. Every cell in the table carries a tooltip explaining what it measures.
🔹 How is the Consolidation Dashboard calculated?
The header row reports the state of the indicator. It reads No active setup when nothing has been found, Developing while a range is forming, and Mature once a range has confirmed. A range is cleared on the bar it breaks, so from that bar the header returns to No active setup until the next range is found. Beside the state, the header reports the type name and the fit percentage. When a range matched two profiles closely, a second header row appears carrying the second type name and its fit percentage.
The Current Setup row appears while a setup is active. It reports the range low and the range high as a pair, and it reports the release state. The release state reads Not confirmed while the range is still developing and Waiting once it has matured and is holding.
The four measurement rows appear once the active setup has lasted at least a quarter of the bars required for confirmation, and they carry three readings each. Structure reports Range Tightness, Candle Overlap, and Close Containment, which together describe how contained the area is. Pressure reports Trend Drift, Close Bias, and Wick Bias, which together describe whether the range is leaning in a direction. Chop / Effort reports Flip Rate, Wick Rejection, and Effort, which together describe how much back and forth action the area is taking and how busy it is. Balance / Exhaust reports Volume Balance, Slowdown, and Duration. Volume Balance and Slowdown both feed the classification, and Slowdown carries its highest target of any profile in Exhaustion, while Duration describes the setup without feeding it.
The History by Type section lists all five types with two columns. Samples reports how many breaks of that type have completed the full Expansion Window. Avg Max Expansion reports the average of the furthest travel across those completed breaks, shown as a multiple of the range height. Hovering a Samples cell shows the total number of breaks detected for that type, including any that are still inside their window.
Every figure in the History section describes what occurred on the loaded chart history. Loading more history, changing the timeframe, or changing Expansion Window will change these figures.
🔹 Settings
Show Dashboard: Draws the dashboard table on the chart. The default is on.
Position: Places the dashboard at one of nine points on the chart. The options are Top Right, Top Center, Top Left, Middle Right, Middle Center, Middle Left, Bottom Right, Bottom Center, and Bottom Left. The default is Top Right. This dropdown sits beside Show Dashboard and carries no label of its own.
Size: Sets the text size of the dashboard. The options are Tiny, Small, Normal, Large, and Huge. The default is Normal. This dropdown sits beside the position dropdown and carries no label of its own.
ALERTS
🔹 What are the Alerts?
The indicator provides nine alert conditions covering confirmation and range breaks, so a trader can be told when a range confirms, what kind of range it is, and which way it eventually left.
🔹 How are the Alerts calculated?
Consolidation Confirmed fires on the bar a range matures, whatever type it was given. Five further conditions cover the individual types, named Clean Coil Confirmed, Choppy Range Confirmed, Directional Pressure Confirmed, Exhaustion Confirmed, and High Effort Balance Confirmed. Each of those fires on the same bar as the general confirmation when the range matched that type. A range carrying a combined label fires the condition for the profile that scored highest, and a range reading Unclear fires the general confirmation only.
Range Break fires on the bar a mature range is broken in either direction, and Range Break Up and Range Break Down split the same moment by side, so a trader can act on one direction alone. All three follow whichever definition is set in Invalidation Method. Developing ranges that are cleared without maturing produce no alert at all.
Conditions are created through the TradingView alert dialog by selecting the indicator and then choosing one from the condition list.
IMPORTANT NOTES:
The Volume Balance measurement is an estimate that reads one minute data through a lower timeframe request, and this happens only when the chart timeframe is above one minute, so on a one minute chart and on any chart where one minute data is unavailable for the symbol the estimate is built from the chart candles themselves, and instruments that publish no volume leave the Volume Balance row blank, in which case the measurement is left out of the profile comparison entirely so the gap cannot push the result toward any one type. The comparison pool used for Range Tightness is built from confirmed ranges on the loaded chart and it starts empty, so Range Tightness reports a neutral fifty until the first range has been confirmed and added, the reading becomes more meaningful as the pool grows toward the number set in Comparison Lookback, and loading more chart history fills the pool faster. Every figure in the History by Type section is built from the chart currently loaded, so scrolling back to load more bars, switching timeframe, switching symbol, or changing Expansion Window will rebuild these figures from scratch, while breaks that are still inside their Expansion Window are held and they join the averages once their window has finished. The type recorded for a range is fixed at the moment the range matures and it is measured from the bars available at that point, meaning a range that changes character after it confirms keeps the type it was given. Ranges that are still developing produce no records of any kind, and if a developing range is cleared before it matures its box is removed and nothing is added to the statistics. Turning Mature Boxes off removes the box drawing for mature ranges while the detection, classification, breaks, alerts, and statistics all continue to run, and with that option off no completed box is left on the chart after a break.
UNIQUENESS:
Most consolidation tools answer one question, which is where the range sits, while Consolidation DNA answers that question and then answers a second one, which is what kind of range it is. The classification is built from twelve measurements of the candles inside the range, eleven of which are compared against five reference profiles, and it is reported with a fit percentage and a confidence gap so a trader can see how strong the match is, and when two profiles describe the range almost equally well the indicator displays both names together, while a range that matches nothing closely enough is reported as Unclear. The measurement set itself covers ground that range tools normally leave out, because alongside the expected structural readings of tightness, overlap, and containment, the indicator measures how often candle direction alternates, how wick length is split between the two sides, how average close location sits against the middle of the range, how current volume compares with the window that came before it, and how much directional progress has slowed, while the bullish and bearish volume split is estimated from one minute candles and scaled by how much of each candle's price range overlaps the consolidation, so candles with less price range overlap carry less weight in the balance reading. The indicator also keeps its own record of what happened after each range ended, where travel away from the range is expressed as a multiple of the range height, which makes measurements from a two point range and a two hundred point range directly comparable, and those measurements are grouped by consolidation type to produce a small table describing how each type of consolidation behaved after breaking on the chart in front of the trader. Historical figures are built from finalized candles, while readings on the bar currently forming remain provisional until it closes. Two detection methods are offered so the tool fits different instruments and timeframes, and both feed the same classification and record keeping, while every measurement in the dashboard carries a tooltip explaining what it means and most drawing categories can be turned on or off separately, with developing and detection labels depending on their matching box setting, so the chart can be reduced to boxes alone or expanded to show labels at detection, at maturity, at the break, and at the point of furthest travel. Indikator
Markus Channel + Dual Expansion Envelopes_V1Markus Channel + Dual Expansion Envelopes (Crossover Multiplier MA)
█ OVERVIEW
Markus Channel + Dual Expansion Envelopes is a multi-layer expansion trading system originally designed and calibrated around XAUUSD for spot traders.
Most retail brokers (Vantage, IC Markets, Pepperstone, etc.) do not provide a true order book or Level 2 data on gold. The only reliable real-time participation metric available is tick volume. This indicator was built from the ground up to extract maximum information from tick volume and turn it into a clean, adaptive expansion framework.
At its core sits an original hybrid construction — the Markus Channel — which fuses a volume-sensitive Keltner core with the statistical width of Bollinger Bands. Around this core, two adaptive outer envelopes (Orange Expansion + Blue Trigger) and a dynamic Crossover Multiplier MA are projected.
The result is a complete visual hierarchy for gold expansion / breakout trading when you only have tick volume to work with:
Core structure → First expansion → Confirmed expansion → Dynamic multiplier targets
█ HOW IT WORKS
⚪ 1. Auto MA Selection Engine (Adaptive AI)
Five classic moving averages are calculated in parallel (SMA, EMA, RMA, WMA, VWMA).
Each candidate is scored using a combined error function:
Lag Error = SMA( (MA − Source)² , length )
Jitter = SMA( (ΔMA)² , length )
Score = Lag Error + (Jitter × Penalty)
The MA with the lowest score is automatically selected. This keeps the center line optimally responsive on the highly volatile XAUUSD tick stream.
⚪ 2. Markus Channel (Original Hybrid Construction for Spot Gold)
Because no real order book is available, the entire channel is driven by tick volume:
1. Midline = Auto-selected MA of close (Base Center Length)
2. Bollinger Bands = Midline ± (StdDev × BB Multiplier)
3. Tick Volume Ratio = Volume / SMA(Volume, Vol Length)
4. Dynamic Keltner Multiplier = clamp( 3.0 + (Volume Ratio − 1) × Volume Sensitivity , 3.0 , 4.0 )
5. Keltner Bands = Midline ± (ATR × Dynamic Multiplier)
6. Band Difference = Bollinger − Keltner
7. Smoothed Difference = SMA(Band Difference, Diff MA Length)
Final Markus Bands:
Markus Upper = Keltner Upper + Smoothed Upper Difference
Markus Lower = Keltner Lower + Smoothed Lower Difference
This construction allows the channel to:
• Expand aggressively when tick volume spikes (the only real-time participation signal available on most brokers)
• Retain the statistical properties of Bollinger Bands
• Smooth the difference so the final bands remain stable even during gold’s fast moves
⚪ 3. Orange Expansion Envelope
Channel Width = Markus Upper − Markus Lower
Average Width = SMA(Channel Width, Expansion MA Length)
Volume Boost = 1 + max(0, Tick Volume Ratio − 1) × Orange Volume Boost
Orange Offset = (Average Width × 0.5 × Orange Base Multiplier) × Volume Boost
Orange Upper / Lower = Markus Bands ± Orange Offset
Optional “Breakouts Only” mode keeps the chart clean until price actually leaves the Markus channel.
⚪ 4. Blue Trigger Channel
Two memory modes designed for gold’s expansion behavior:
• Dynamic Tracking – slowly decays after the expansion ends
• Hold Peak Level – latches the extreme expansion level until a new expansion occurs
A final volatility buffer (scaled by the same tick-volume boost) is applied to create the Blue Trigger zone.
⚪ 5. Crossover Multiplier MA Engine
On every cross of the selected target (Midline / Markus / Orange / Blue):
Raw Multiplier = Dynamic Keltner Multiplier × Tick Volume Ratio
The multiplier is latched on the cross and smoothed by the Auto MA engine. Projection lines are then drawn:
Cross Upper / Lower = Midline ± (ATR × Smoothed Multiplier)
These lines act as adaptive, volume-scaled targets that expand and contract with real participation — critical when trading XAUUSD without an order book.
█ HOW TO USE (XAUUSD Spot Focus)
• Expansion Detection
Background turns green/red when price breaks a Markus band while channel width is expanding on rising tick volume.
• First Target
Orange Envelope = initial expansion objective on gold.
• High-Conviction Expansion
Blue Trigger Channel = stronger expansion zone (especially useful in Hold Peak mode during London/NY gold sessions).
• Dynamic Targets After Cross
Crossover Multiplier lines provide live support/resistance that scale with the intensity of the tick-volume surge.
• Regime Context
The HUD shows active MA type, current multiplier strength, expansion state, and bullish/bearish regime at a glance.
Built specifically for traders who trade gold spot CFDs and only have tick volume as their real-time activity metric.
█ SETTINGS
• Auto MA Selection Engine – Adaptive AI or Manual
• Markus Engine – Base length, BB multiplier, ATR length, tick-volume sensitivity, difference MA
• Orange Expansion Envelope – Base multiplier + volume boost + breakout-only mode
• Blue Trigger Channel – Buffer size + Dynamic / Hold Peak memory
• Crossover Multiplier MA – Target layer + smoothing length
• Full visual control (clouds, backgrounds, candle coloring, HUD, colors)
█ NOTES
The Markus Channel is an original hybrid construction developed and tuned on XAUUSD. It deliberately uses tick volume (the only participation data most brokers provide) instead of relying on a non-existent order book. All outer envelopes and the Crossover Multiplier engine are derived from this core structure.
Licensed under Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International.
Not financial advice ! Indikator
Filter Reality Check# Filter Reality Check — does your condition actually select anything?
My last script measured what entering at random would have produced on a
chart at a given reward-to-risk. The question everybody asked next was the
obvious one: *fine — does my filter beat that?*
Almost nobody measures it. This does.
It resolves every bar in the sample exactly once, then counts the outcome
twice: into the baseline, and into the filtered set if your condition was
true on that bar. Same bars, same distances, same resolutions — so the
difference between the two rates is the filter and nothing else.
## What the table shows
**All bars.** The baseline. What entering at random would have produced
here at your reward-to-risk.
**When condition true.** The same measurement, restricted to bars where
your filter passed.
**The filter is worth.** The difference, in percentage points of hit rate.
This is the number you came for.
**Bars it kept.** What share of the sample survived the condition. This
matters more than it looks: a filter true on 97% of bars is not selecting
anything, and its hit rate will match the baseline for that reason alone.
If this figure is near 100%, the filter is decoration.
**Filtered vs break-even.** Whether the filtered rate clears what your
reward-to-risk actually demands, after costs.
## Conditions you can test
Price above or below a moving average (EMA or SMA, any length), ADX above
a level, RSI above or below a level, volatility rising (ATR above its own
average), volume above a multiple of average, inside a session window, or
**any custom source above a level** — which lets you point it at another
indicator on your chart and test that.
## What you should expect to find
Most filters are worth nothing.
That is the finding, not a failure of the tool. A condition that moves the
hit rate by half a point is a condition you can delete, and knowing which
of yours those are is worth more than adding another indicator. The script
says so plainly when it happens.
Occasionally you will find one that costs you points — where you would
genuinely do better entering at random. Those are worth knowing about
before they are load-bearing in a strategy.
## Method, and its limits
**The condition is read on the entry bar itself**, using only data that
existed then. A filter evaluated with information that arrived later would
flatter itself and the result would be worthless.
**A bar spanning both stop and target counts as a loss.** There is no way
to know which came first from bar data, and being wrong pessimistically is
the only honest way to resolve it.
**Samples that reach neither level within the holding window are reported
as timed out**, not quietly dropped.
**Distances can scale with each historical bar's own ATR**, so the test
uses the volatility of the time rather than today's.
**The table states the period covered.** Six hundred bars is two days on a
5m chart and two years on a daily one, and a percentage with no period
attached invites more confidence than it has earned.
**Thirty resolved samples is the floor.** Below that the script refuses to
draw a conclusion, and it will tell you when your condition was true too
rarely to judge — which happens often with tight filters on short samples.
## What it is not
It places no trades, gives no signals and predicts nothing. It measures
what a condition would have selected on the history in front of you, on
this instrument, over this window. Run it across several windows before
you believe any single number, and check whether the direction you are
testing happened to be the way the market was going.
A filter that improves the hit rate may still be worthless for other
reasons — overfitting, costs, or a sample too small to mean anything.
This measures one thing and only claims that one thing.
Open source. Companion to *Edge Reality Check*, which measures the
baseline this compares against. Indikator
Accumulation / Distribution Density (VD)A volume indicator for TradingView (Pine Script v6), modeled after Mieczyslaw Siudek's "Accumulation / Distribution Density" (VD) from xStation (XTB). It hunts for candles where a disproportionately large volume produced a disproportionately small price move at a fresh local extreme - a classic footprint of a big player building (accumulation) or unloading (distribution) a position.
█ 🧠 THE IDEA: DENSITY
Density = volume / candle range (high - low) - "how much turnover per unit of movement".
🚚 A lot of volume + a small candle = high density. Someone big is absorbing everything the market throws at them, so price cannot move.
🪶 A lot of volume + a big candle = normal. The volume simply traveled with the price.
normal candle density candle
volume: ██ 2K volume: ████████ 8K
range: │ (big) range: ▮ (small)
│
│ ▮ ← 8K went in, price barely moved:
│ ▲ someone ABSORBED it (marker)
When such a candle also sets a new local low , buyers were absorbing the sell-off → accumulation (marker below the candle). At a new local high , sellers were absorbing the buying → distribution (marker above the candle).
price
│ ▼ ← distribution: new high, huge volume, small candle
│ ┌──┸──┐
│ ─┘ └─┐
│ └──┐ ┌───
│ └─┐ ┌──┘
│ └─┰─┘
│ ▲ ← accumulation: new low, huge volume, small candle
└────────────────────────── time
█ ⚙️ SIGNAL CONDITIONS
A marker appears on a candle only when all of these hold:
📉 New extreme - the candle's low is at or below the lowest low of the previous Max/Min of candles (accumulation), or its high is at or above the highest high of those candles (distribution).
🚚 High density - volume / range >= Density Factor x average density .
🤏 Small candle (optional, Spread condition ) - range <= Spread Factor x average range .
🎯 Close position (optional, Bar close % ) - for accumulation the close must sit at least X% above the low; for distribution at least X% below the high. 0 disables the filter.
🔊 volume > 0 - instruments without volume data never signal.
Both averages (range and density) use a window ending at the previous candle - the signal candle does not inflate its own threshold.
By default the conditions are checked only once the candle closes ( Signal on closed candle only ) - a marker never appears and then disappears on the live candle.
█ 🛠️ PARAMETERS
Parameters (as in xStation)
Max/Min of (bars) (default 5) - how many previous candles the signal candle must out-low / out-high.
Average Spread of (bars) (default 5) - window for the average range.
Average Density of (bars) (default 5) - window for the average density.
Spread condition (default on) - toggle for the "candle must not be too big" filter.
Spread Factor (default 1.4) - how much larger than the average range the signal candle may be.
Density Factor (default 2) - how many times the average density the candle must reach.
Bar close (%) (default 0) - the close-position filter described above.
Signal on closed candle only (default on) - evaluate signals only when a candle closes (no repainting). Turn off to watch signals form in real time on the unclosed candle - such a signal may vanish before the close.
Appearance (Style tab)
Markers are plotshapes, so each signal gets its own row in the Style tab of the indicator settings - with a visibility checkbox, a marker-shape picker, a position dropdown ( Above bar / Below bar ), and a color:
Accumulation (default: triangle below the bar) ,
Distribution (default: triangle above the bar) .
█ 🔔 ALERTS
Accumulation density - potential bullish signal (heavy volume, little movement, new low).
Distribution density - potential bearish signal (heavy volume, little movement, new high).
With Signal on closed candle only on (default) alerts fire at the candle close. If you turn that option off, set the alert trigger to Once Per Bar Close - otherwise an alert can fire on a live-candle signal that later vanishes.
█ 📤 SIGNAL OUTPUT
The script exposes a hidden Signal series: +1 (accumulation), -1 (distribution), 0 (none). It is visible in the Data Window and can be used as an external source in other indicators and strategies (any input.source field) - e.g. to build your own strategy on top of these signals.
█ ✅ CORRECTNESS - VERIFIED
The implementation was verified empirically (2026-08-18): signals recomputed independently (Node.js, same formulas) from OHLCV bars pulled off a live TradingView chart (COMEX:GC1!, 60m, 300 bars) and compared with the markers the Pine script actually drew:
default parameters → 1 signal, exact match (and 299 bars correctly without a marker),
relaxed parameters (Max/Min 3, Spread Factor 2.5, Density Factor 1.2) → 63 signals, exact match , zero missing, zero extra.
The script does exactly what this note describes.
█ ⚠️ WHY MARKERS DIFFER FROM XSTATION
Even with identical parameter values, markers will not land 1:1 on xStation's. This is expected, not a bug:
📊 Different data. xStation runs on XTB's own CFD feed; its volume is XTB tick volume (count of price updates in XTB's book). TradingView shows real exchange volume (futures/stocks) or another provider's feed. Density = volume / range is extremely sensitive to both - different volume and different OHLC (session hours, timezone, weekend CFD candles) shift every threshold in the formula.
🔒 The original algorithm is closed source. XTB only published parameter descriptions, not formulas. Ambiguities the port had to decide (each can move single markers):
averages computed over the window ending at the previous candle (the original may include the signal candle),
new-extreme check uses <= / >= (the original may require a strict break),
a zero-range candle (doji) divides by one tick instead of being skipped,
"Bar close %" measured from the low (accumulation) / from the high (distribution).
⏳ Live-candle behavior. With Signal on closed candle only turned off, conditions are evaluated on live values, so a marker on an unclosed candle can disappear before the close. The default (on) evaluates only closed candles; xStation's behavior here is unknown.
Practical takeaway: compare the two on the same market data type (e.g. gold futures on both), expect agreement in character (markers cluster in the same spots), not in identical candles.
█ ⛔ LIMITATIONS
Requires an instrument with volume data - many TVC CFDs (TVC:GOLD, TVC:USOIL) have zero volume and never signal; the script then shows a warning in the top-right corner of the chart. Check per symbol (e.g. TVC:UKOIL does have volume) or use futures (e.g. COMEX:GC1!).
A signal on an unclosed candle may vanish before the close - only with Signal on closed candle only turned off (see above).
© Piotr Kowalski "piecioshka". License: Mozilla Public License 2.0.
Indikator
OBV Structure Oscillator [OBVSO]# OBV Structure Oscillator
## Description
**OBV Structure Oscillator ** is an extension of the classic On-Balance Volume Oscillator concept, designed to make **volume-pressure structure and directional changes** easier to read on a consistent scale.
Instead of displaying the raw OBV Oscillator, whose numerical scale can vary significantly depending on an instrument's volume characteristics, OBVSO transforms the oscillator into a bounded **0–100 range**, with **50 representing the neutral midpoint**.
### Calculation
OBVSO begins by calculating On-Balance Volume (OBV) and then creates an oscillator by comparing OBV with its EMA:
**OBV Oscillator = OBV − EMA(OBV)**
The resulting oscillator is then symmetrically normalized using its highest absolute amplitude over the selected *Normalization Lookback*.
The final result is bounded between:
* **50** = neutral oscillator level
* **Above 50** = relatively positive OBV pressure
* **Below 50** = relatively negative OBV pressure
* **70 and 30** = upper and lower structural reference zones
The 70/30 zones are not intended to represent conventional overbought/oversold signals or automatic reversal levels. They are primarily visual reference zones for evaluating the strength and structure of OBV movement.
### Display Smoothing
**Display Smoothing** applies an optional EMA to the OBVSO line displayed on the chart.
Its purpose is purely to improve visual readability when the normalized oscillator becomes excessively sharp or fragmented.
A value of **1** preserves the normalized OBV Oscillator without additional display smoothing.
### OBV Signal
OBVSO also includes an independent **OBV Signal** calculated directly from the normalized oscillator **before Display Smoothing is applied**.
This separates the two functions:
* **Display Smoothing** → improves visual readability of the oscillator structure.
* **OBV Signal** → provides a reference for the underlying directional trend of the oscillator.
Available OBV Signal smoothing methods:
* SMA
* EMA
* SMMA (RMA)
* WMA
* VWMA
The default setting is **SMA 13**.
Because the OBV Signal is calculated from the oscillator before Display Smoothing, increasing Display Smoothing does not create a double-smoothed signal.
### Visual Structure
OBVSO includes:
* Customizable positive and negative oscillator colors.
* Positive upper gradient.
* Negative lower gradient.
* Neutral midpoint at 50.
* 70/30 structural reference zones.
* Independent OBV Signal.
The indicator is primarily intended for **OBV structure analysis**, including changes in volume momentum, strengthening or weakening pressure, and oscillator structures such as higher lows, higher highs, lower highs, and lower lows.
OBVSO does not generate automatic buy or sell signals. Its readings are best interpreted together with price structure, trend, support/resistance, volume, or other confirmation tools.
## Credits
The core OBV Oscillator concept used in this indicator was inspired by **LazyBear's On Balance Volume Oscillator**, which evaluates OBV relative to a moving average of OBV.
Special thanks to **LazyBear** for sharing the original OBV Oscillator implementation as open-source code with the TradingView community.
OBVSO extends that concept with symmetric 0–100 normalization, a neutral midpoint at 50, bounded structural zones, independent display smoothing, configurable gradient visualization, and a separately calculated OBV trend signal.
---
# Release Notes — v1.0
**Initial Public Open-Source Release — OBV Structure Oscillator **
* Built with Pine Script® v6.
* Uses the core OBV Oscillator concept inspired by LazyBear.
* Added symmetric normalization to a 0–100 scale.
* Added a neutral midpoint at 50.
* Added configurable Normalization Lookback.
* Added 70/30 structural reference zones.
* Added positive and negative gradient visualization.
* Added customizable positive and negative oscillator colors.
* Added EMA-based Display Smoothing for improved structural readability.
* Display Smoothing affects only the displayed oscillator line.
* Added an independent OBV Signal.
* OBV Signal is calculated from the normalized/bounded OBV Oscillator before Display Smoothing.
* Added SMA, EMA, SMMA (RMA), WMA, and VWMA signal options.
* Default OBV Signal is SMA 13.
* Added a separately configurable OBV Signal color.
* Reorganized the code into clearer settings, calculation, visualization, and smoothing-signal sections.
The primary goal of this release is to make OBV Oscillator structure easier to compare across periods while preserving the underlying behavior of the original OBV-based oscillator.
Indikator
Dynamic Deviation Channels (RSI Trigger) [ChartPrime]Dynamic Deviation Channels (RSI Trigger)
🔶 OVERVIEW
Standard volatility channels paint static bands across your entire chart, ignoring shifting market momentum and leading to false breakouts in trending environments. The Dynamic Deviation Channels (RSI Trigger) solves this by combining ATR-based volatility bands with a dynamic Relative Strength Index filter.
Instead of showing overlapping channels on both sides simultaneously, the indicator intelligently displays upper bands only when momentum is bullish/neutral and lower bands only when momentum shifts bearish, keeping your workspace clean and focused on active market participation zones.
🔶 HOW IT WORKS
The indicator processes market structure and momentum through a multi-stage execution pipeline:
Adaptive Mid-Line Trend Matrix: Computes a configurable moving average (SMA, EMA, WMA, or RMA) to serve as the central channel baseline, dynamically coloring itself based on short-term price slopes.
ATR Volatility Multipliers: Expands outward from the central basis using multi-tiered ATR deviations to establish structured Level 1, Level 2, and Level 3 boundary channels.
RSI Directional Filtering: A smoothed RSI engine checks prevailing momentum state. When the RSI value is at or above 50, upper channel bands activate; when it drops below 50, lower channel bands engage.
Smart Signal Generation: Plots precise entry triangles when price interacts with the primary deviation bands, utilizing a built-in bar gap control to prevent signal clustering.
🔶 KEY FEATURES
Conditional Band Rendering: Automatically hides inactive channel zones based on RSI momentum thresholds, eliminating chart clutter during strong directional trends.
Multi-Tiered Deviation Zones: Features three distinct deviation multiplier levels with custom background fills to highlight volatility expansion and over-extension zones.
Glowing Mid-Line Display: A highlighted central moving average complete with a soft glow effect for immediate trend-direction recognition.
Live Deviation Labels:** Clean, real-time price labels pinned to the final bar of each active upper and lower deviation boundary for instant reference.
🔶 TRADING APPLICATIONS
Momentum-Aligned Rebounds:** When lower bands are active during a bearish-to-neutral momentum phase, look for price rejections off Deviation Level 1 or 2 to catch high-probability counter-trend bounces.
Volatility Expansion Breakouts:** Monitor price interaction with outermost Level 3 bands. A clean break past these boundaries during high-volatility regimes signals an aggressive continuation move.
Trend Filtering via Mid-Line:** Use the glowing central moving average slope and color state to determine primary bias before taking entries off individual deviation levels.
🔶 SETTINGS
Moving Average (Length / Type): Controls the lookback period and calculation method (SMA, EMA, WMA, RMA) for the central baseline channel.
RSI Filter (Length / Source): Adjusts the sensitivity and data input source used by the momentum filter engine to toggle upper and lower band visibility.
Deviation Bands (Multipliers / Display Toggles): Customizes the width spacing for all three deviation tiers and lets you toggle the visibility of the outermost channels.
🔶 CONCLUSION
The Dynamic Deviation Channels (RSI Trigger) brings clarity to volatility channel analysis. By filtering band display through real-time RSI momentum, it ensures you are only looking at the structural levels that matter most for your current market direction. Indikator
AMD Session Map [AFD]
Three measured boxes per session cycle — Accumulation, Manipulation, Distribution — drawn only where the rules qualify one, each on a confirmed bar. The same read runs on higher-timeframe bars as a thin coloured rule along the bottom of the pane.
The three phases
Accumulation — the balance box. Adaptive RTH takes a contained window of about 40 minutes anywhere in the session, whole bars, four-bar minimum, no wider than the 30th percentile of the last 30. Opening 60 / 90 min instead take a fixed stretch from 09:30 New York, one cycle a day.
Manipulation — the sweep box, from the swept boundary to the extreme reached. The panel names the boundary and the time. No sweep within 90 minutes of the balance completing: timeout.
Distribution — the post-reclaim box, from the close back inside the balance to the end of the cycle. No reclaim within 30 minutes of the first sweep bar: timeout. Resolution — closed up, closed down, or named for what it did: unfinished at the close, both boundaries swept, closed back on the sweep side, deadline passed. Never rounded to a side.
The higher-timeframe ribbon One thin rule per period along the bottom of the pane. Daily is on by default ; Weekly, Monthly and Quarterly are switches. Each period's range comes from the first four completed bars of its container — Daily in the month, Weekly in the quarter, Monthly in the year, Quarterly in a four-year cycle. Unresolved periods are neutral grey. A rule holds no price coordinate, so the ribbon never moves the price scale. Show it as panel rows, as the ribbon, as both, or not at all. It never feeds the intraday detector.
Higher-timeframe requests — the lookahead disclosure Four requests, one per period , each for a completed-bar tuple. Every value is offset by one bar with the history-referencing operator inside the request expression, paired with barmerge.lookahead_on — the pairing the Pine Script documentation names as the way to return only confirmed values on all bars, whatever the bar state. Checked on Bar Replay: stepping through 25–26 August left the historical ribbon colors and the panel's higher-timeframe rows identical to the same bars outside replay. The consequence, by design: a higher-timeframe value is always one completed higher-timeframe bar behind.
Scope Standard chart type, 1 to 15 minutes, exchange timezone America/New_York. The timezone is the whole test — asset class is not checked. Exchange-designated regular-session bars only, inside the nominal 09:30–16:00 window. Early closes follow the exchange's own last-regular-bar flag; pre/post-market bars are excluded even when extended hours are displayed. Outside that scope the panel reports UNSUPPORTED and intraday fields stay empty rather than carry a value the model did not measure.
Adaptive RTH
Opening 60
Opening 90 - Selective volatility
Settings Accumulation model — Adaptive RTH, which can map repeat cycles in one day, or Opening 60 / 90 min, which map one.
Confirmation profile — Structure + volatility context applies no size filter; ATR ratios are reported and change nothing. Selective volatility-confirmed adds two: the sweep must clear the boundary by 0.10x ATR, and the bar closing past the far boundary needs a body of at least 0.50x ATR and at least half its own range. Structure only keeps ATR out of every decision.
Presentation — Map draws the boxes over your native candles; Phase candles also recolours the confirmed sweep and distribution bars; Full emphasis adds a background tint.
Panel — the live phase, the balance range, the swept boundary and its time, the reclaim, and one row per enabled higher-timeframe period. Seven positions, or switched off; it still draws on an unsupported chart.
Data Window — nineteen fields: five geometry levels, six Wilder ATR(14) measurements, and two accumulation levels per higher-timeframe period.
Data and limitations Rule-based chart geometry; AMD terms do not establish participant intent or future outcome. Phase names label what the rules measured — a contained range, trade beyond its boundary, a move after the reclaim — and nothing about who traded or why. Every decision is made on a confirmed bar. A cycle in progress is shown as in progress. A higher-timeframe value lags by one completed higher-timeframe bar, as described above. Six cycles are retained and older ones dropped — up to three boxes each, against the 60 this script declares. No alerts, signals, entries, exits, scores, rankings, projections, or performance claims. It does not tell anyone what to do with what it draws.
Originality An Auction Foundry implementation of the Accumulation / Manipulation / Distribution framework. The adaptive balance admission, the sweep and reclaim deadlines, the volatility latching and the calendar read are all in the published source. Free to use, open-source under the Mozilla Public License 2.0. Indikator
ICT & SMC Guide [JPT]🔷 OVERVIEW
ICT & SMC Guide is an educational price-action indicator designed to organize key ICT (Inner Circle Trader) and SMC (Smart Money Concepts) ideas into a clear visual framework.
The indicator focuses on liquidity, session behavior, market structure, displacement, and Fair Value Gaps (FVGs), helping traders analyze potential setups through a structured top-down process.
🔷 HOW IT WORKS
The indicator continuously evaluates price action and highlights important ICT/SMC conditions.
When qualifying conditions appear, it can:
• Identify Asia, London & New York sessions
• Track important session highs and lows
• Detect potential Buy-Side Liquidity (BSL) and Sell-Side Liquidity (SSL) sweeps
• Identify Market Structure Shifts (MSS)
• Detect bullish and bearish displacement
• Highlight Fair Value Gaps (FVGs)
• Identify potential 2022 Model conditions
• Highlight potential FVG + $$$ Model setups
🔷 CORE CONCEPTS
The indicator brings several concepts together:
• Session Liquidity
• Liquidity Sweeps
• Buy-Side / Sell-Side Liquidity
• Market Structure
• Market Structure Shift
• Displacement
• Fair Value Gaps
• 2022 Model
• FVG + $$$ Model
• Trend Bias
🔷 VISUAL FEATURES
• Asia session range
• London session range
• New York session range
• Liquidity sweep markers
• Bullish and bearish FVG zones
• Market structure signals
• Bullish/Bearish setup labels
• Entry, Stop Loss & Target framework
• ICT & SMC information dashboard
• Optional EMA 50 / EMA 200 trend context
• Historical signals for chart review
🔷 ICT & SMC WORKFLOW
A common workflow is:
Liquidity → Sweep → Displacement → Structure Shift → FVG → Confirmation
Rather than treating every liquidity sweep or FVG as a trade, users can wait for multiple conditions to align before considering a setup.
🔷 USAGE
Identify the relevant session and liquidity range.
Watch for a liquidity sweep.
Look for displacement and a structure shift.
Check for a relevant FVG or model formation.
Review the potential trade framework.
Combine the indicator's information with your own market analysis and risk management.
🔷 MARKETS
The indicator can be applied to:
• Forex
• Cryptocurrency
• Indices
• Commodities
• Stocks
It can be used across multiple timeframes depending on the trader's analysis and strategy.
🔷 IMPORTANT NOTE
ICT & SMC Guide is designed as an educational market-structure and price-action tool. ICT/SMC concepts can be interpreted differently by traders, and no indicator can guarantee the outcome of a trade.
Always perform your own analysis, use appropriate risk management, and avoid relying on any single signal or model.
🔷 DISCLAIMER
This indicator is provided for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Signals and levels are algorithmically generated and may be inaccurate or unsuitable for individual trading decisions. Past performance does not guarantee future results. Trade responsibly and manage your risk. Indikator
Multi Timeframe State Dashboard [Pineify]Multi Timeframe State Dashboard
Overview
This confirmation-aware TradingView dashboard condenses six reference timeframes into one matrix. Each row pairs the last closed state with the forming state and shows its trend, RSI, and ATR-percentile evidence.
Problem Definition
A basic multi-timeframe table colors each timeframe from its latest value. It hides whether a higher-timeframe bar has closed, so apparent agreement can disappear before confirmation. It also treats quiet drift and high-volatility impulse alike. Duplicate inputs overweight one horizon, while a reference below the chart requires a different sampling method. The script separates these cases.
Design Rationale
EMA slope is normalized by ATR so direction is comparable across price and volatility scales. RSI adds bounded momentum around 50; ATR percentile labels energy without choosing direction. A weighted score replaces unrelated votes, while strong trend/RSI opposition becomes CONFLICT rather than false neutrality. The matrix sacrifices each component's full path for scan speed. Pairing confirmed and live states preserves the compact view while making temporal uncertainty observable.
Key Features
Six slots with duplicate and lower-timeframe diagnostics.
CONFIRMED and LIVE states with visible drift.
Impulse, directional, bias, quiet, neutral, and conflict classes.
Closed-bar consensus, optional background, and alignment alerts.
How It Works
Each slot makes a live request with lookahead disabled and a prior-bar request for confirmed higher-timeframe data. When a slot equals the chart timeframe, its current value is confirmed only after that chart bar closes.
EMA change over the slope lookback is divided by ATR and a scale, then clipped to -1 through +1. RSI is centered at 50, divided by 25, and clipped likewise. ATR receives a 0-100 percentile rank. Direction is 55% trend and 45% momentum. Strong opposite components produce CONFLICT. Thresholds create bias or direction. Hot direction becomes IMPULSE; a small quiet score becomes QUIET.
Consensus counts only enabled, unique references equal to or higher than the chart. ALL BULLISH or ALL BEARISH requires every valid confirmed state to share direction. DRIFT counts live states that differ from confirmed partners. WARM-UP remains visible until all rolling histories exist; missing values are not replaced with zero.
How Multiple Indicators Work Together
EMA slope supplies persistent direction, RSI tests momentum support, and ATR percentile separates low-energy drift from expansion. Without slope, brief momentum could define trend; without RSI, a slow average could ignore opposition; without volatility, quiet and impulse states would share a label. The sequence is direction, agreement, then energy. Confirmed/live pairing adds time status, not another signal.
Trading Ideas and Insights
Use confirmed consensus as context for a separate setup. A lower-chart process can ask whether higher horizons are bullish, bearish, or mixed. More DRIFT rows show forming bars challenging closed evidence, not a confirmed reversal. QUIET describes low-energy alignment; IMPULSE describes high ATR rank. Price structure, execution, and risk still need independent rules.
Unique Aspects
The contribution is a confirmation-aware state lattice, not adjacent indicator readings. Every row preserves closed and forming versions of one state, flags their difference, and removes duplicate or lower references from consensus. Volatility changes the class but cannot select bullish or bearish direction. Agreement is therefore auditable as confirmed evidence, developing drift, warm-up, or invalid configuration. The implementation is independent.
How to Use
Set enabled references equal to or higher than the chart timeframe.
Read CONFIRMED for stable context and LIVE for the forming bar.
Check TREND, RSI, and ATR % before interpreting color.
Treat LOWER TF, DUPLICATE, and WARM-UP as diagnostics.
Combine alerts with separate entry, exit, sizing, and invalidation rules.
Disable unused rows so the consensus denominator stays intentional.
Customization
EMA length and slope lookback control directional memory; ATR slope scale controls normalization. RSI length changes momentum response. ATR length and percentile lookback define volatility context. Direction and conflict thresholds set classification strictness. Quiet percentile must remain below hot percentile. Timeframe inputs set horizon coverage. Display controls cover numeric suffixes, table corner, dashboard, and chart background.
Assumptions and Limitations
EMA, RSI, and ATR lag and are parameter-sensitive. ATR percentile is relative, not an absolute risk forecast. LIVE can change on every update; CONFIRMED waits for completed reference bars and adds delay. A newly closed higher-timeframe value appears when the next chart bar exposes it. Data gaps or limited history can distort ranks. Lower references are rejected. It does not model execution, risk, performance, or future prices. Alerts report alignment only.
Conclusion
Only valid, unique, closed-bar states determine consensus; live states explain drift. This invariant keeps six horizons readable while exposing calculations, confirmation status, and failure conditions instead of hiding them behind one color.
Indikator
Wick Sequence Breakout█ OVERVIEW
Wick Sequence Breakout is an adaptive indicator that detects candle sequences with characteristic wick proportions, builds a formation zone around them, and waits for a breakout. A formation is considered valid only when the required number of candles with a dominant upper or lower wick appears inside a defined window.
After a formation is created, the indicator analyzes volume inside the box to determine whether buyers or sellers are dominant. A signal appears only when the breakout direction matches the dominant volume side. An optional breakout candle size filter can further limit signals generated by candles that are too small.
After a confirmed breakout, the formation is closed. An optional TP/SL module can display Entry, Stop Loss, and up to three Take Profit levels based on ATR or a fixed percentage and a defined Risk.
█ CONCEPTS
The indicator combines three elements into a single process: candle geometry, formation structure, and dominant volume analysis. A single wick by itself does not generate a signal — the required number of candles meeting the defined conditions must appear inside the specified window.
Wick-Based Formation
The formation is built from wick proportions relative to the candle’s full range.
For a bearish formation:
• Upper Wick — must account for at least a specified percentage of the candle’s full range.
• Lower Wick — must not exceed a specified percentage of the range.
For a bullish formation:
• Lower Wick — must account for at least a specified percentage of the candle’s full range.
• Upper Wick — must not exceed a specified percentage of the range.
The candle body color does not matter. Only wick geometry counts, and — if the filter is enabled — the candle’s minimum range relative to ATR.
Wick Sequence
A single candle that meets the conditions does not yet create a formation. The indicator checks a defined number of recent candles and counts how many of them meet the bullish or bearish requirements.
Min. Number of Wick Candles defines how many such candles must appear inside the Window Size.
For example, with a setting of 3 candles inside a 5-candle window, a formation is created if at least three of the last five candles meet the requirements for a given direction.
If bullish and bearish conditions are met in the same window at the same time, neither side receives a formation. This prevents an ambiguous signal.
Candle Range Filter
An optional ATR filter can exclude small candles from the formation-building process.
A candle must have a range at least equal to:
ATR × ATR Multiplier
Candles that do not meet this condition are not counted toward the wick sequence.
This allows the formation to be limited to candles of sufficient size relative to current market volatility.
Formation Box
After a new formation is detected, the indicator creates a box covering the full range of the candles used in the formation window:
• Top — the highest High in the window.
• Bottom — the lowest Low in the window.
• Left — the first candle of the analyzed window.
• Right — moves forward while waiting for a breakout.
The box is initially neutral. Its purpose is to visually mark the area from which a breakout is expected.
Breakout Detection
A breakout can be evaluated in two ways:
• High/Low — a breakout occurs when a candle’s High or Low breaches the upper or lower box boundary.
• Close — a breakout is evaluated using the closing price.
The breakout mode is set by the Breakout by close price option.
Unlike ATR-based filters for candle size, the breakout itself does not require an additional ATR margin. Crossing the relevant box boundary according to the selected mode is enough.
Volume Dominance
While a formation is active, the indicator estimates the share of buying and selling volume for the candles inside the box.
Each candle’s volume is split proportionally according to the close position within the High–Low range:
• the closer the candle closes to the High, the larger the share assigned to Buy Volume,
• the closer the candle closes to the Low, the larger the share assigned to Sell Volume.
This produces the current Buy/Sell Volume ratio.
The dominant side is defined as:
• Buy — when Buy Volume is greater than or equal to Sell Volume.
• Sell — when Sell Volume is greater than Buy Volume.
Two bars representing the relative share of both sides, plus a label showing the Buy/Sell percentage split, can be displayed under the box.
Volume-Confirmed Breakout
A box breakout by itself is not yet a signal.
For a bullish signal:
• price must break the top of the box,
• Buy Volume must dominate Sell Volume.
For a bearish signal:
• price must break the bottom of the box,
• Sell Volume must dominate Buy Volume.
This means the indicator filters out breakouts that occur against the dominant volume side.
Breakout Candle Size Filter
An optional breakout candle size filter can require the candle that generates the breakout to have a sufficiently large range.
The minimum range is defined as:
Average Candle Range × Size Multiplier
Average Candle Size Period defines the number of candles used to calculate the average range.
The filter can limit signals generated by small candles that technically cross the box boundary but do not have enough range.
Formation Lifecycle
An active formation remains on the chart until:
• a breakout,
• the wait limit is exceeded,
• or it is removed by the mismatched-direction filter.
After a breakout, the box is closed and is no longer active. If the breakout does not match the dominant volume side, the formation can be:
• left on the chart in a neutral color,
• or removed completely together with the volume bars and the percentage label.
Breakout Wait Limit
Breakout Wait Limit defines the maximum number of candles a formation can wait for a breakout. If the limit is exceeded without a breakout, the box is canceled and removed. Setting 0 disables the wait limit.
█ FEATURES
General
• Min. number of wick candles — the minimum number of candles meeting the wick requirements needed to create a formation.
• Window size (candles) — the number of recent candles analyzed in search of the required sequence.
• Min. upper wick share — the minimum upper-wick share for a bearish formation.
• Max. lower wick share — the maximum lower-wick share for a bearish formation.
• Min. lower wick share — the minimum lower-wick share for a bullish formation.
• Max. upper wick share — the maximum upper-wick share for a bullish formation.
• Breakout wait limit (bars) — the maximum number of candles to wait for a breakout. 0 = no limit.
• Breakout by close price — switches breakout confirmation between High/Low and the closing price.
Signal Filters
• Filter small candles (ATR) — rejects candles with a range smaller than ATR × multiplier.
• ATR multiplier — the minimum candle range required for a candle to be included in the formation.
• ATR period — the ATR period used by the candle filter.
• Filter by breakout candle size — requires a sufficiently large breakout candle.
• Size multiplier — the minimum breakout candle range relative to the average range.
• Average candle size period — the number of candles used to calculate the average range.
• Show bearish signals — enables/disables bearish breakout signals.
• Show bullish signals — enables/disables bullish breakout signals.
• Remove box on mismatched signal — removes the formation when the breakout direction does not match the dominant volume side.
Colors & Visualization
• Highlight wick candles — highlights individual candles that meet the wick requirements.
• Bullish color — the bullish-side color.
• Bearish color — the bearish-side color.
• Neutral color — the color of an active or ambiguous formation.
• Box background transparency — transparency of the box fill.
• Box border transparency — transparency of the box border.
• Show volume bars — shows Buy/Sell Volume bars under the formation.
• Show % label — shows the percentage share of the dominant and opposite volume sides.
TP/SL
• Show TP/SL levels — enables the Entry, SL, and TP module.
• SL = ATR — switches between an ATR-based Stop Loss and a fixed percentage.
• ATR period (TP/SL) — an independent ATR period used to calculate the SL distance.
• ATR multiplier for SL — the ATR multiplier that defines the Stop Loss distance.
• SL % from Entry — the percentage Stop Loss distance from Entry.
• RR for TP1 — the Risk:Reward ratio that defines the first target distance from Entry relative to risk (SL).
• RR for TP2 — the Risk:Reward ratio that defines the second target distance from Entry relative to risk (SL).
• RR for TP3 — the Risk:Reward ratio that defines the third target distance from Entry relative to risk (SL).
TP/SL — Display
• Show SL level — independently displays the Stop Loss level and label.
• Show TP1 level — independently displays TP1 and its label.
• Show TP2 level — independently displays TP2 and its label.
• Show TP3 level — independently displays TP3 and its label.
█ APPLICATIONS
Wick Sequence Analysis
Automatically searches for candle sequences with characteristic wick geometry instead of evaluating every candle manually. Useful for identifying repeatable price behavior inside a defined window.
Formation Range
The box shows the full price range of the analyzed sequence and makes it easy to see the area that must be broken for the formation to resolve in one direction.
Example of use
After the box is formed, it is worth checking whether the formation overlaps a significant support or resistance zone — candles with long wicks often confirm a price reaction at such a level. Before making a decision, additional confirmation from other analysis tools is recommended, for example momentum or the higher-timeframe trend, so that several independent methods point in the same market direction.
█ NOTES
• The indicator works only on assets that have volume.
• Candle body color does not affect wick formation classification.
• If bullish and bearish conditions are met in the same window at the same time, no formation is created.
• The formation is canceled after the Breakout Wait Limit is exceeded if no breakout has occurred earlier.
• TP/SL is a visual planning tool for Entry, SL, and TP levels, not an assessment of trade quality. Indikator
Dynamic Grid Indicator [BigBeluga]🔵 OVERVIEW
The Dynamic Grid Indicator is an advanced technical indicator created by BigBeluga to map volatility-based grid channels across price charts while simultaneously plotting a synchronized multi-level oscillator pane. Traditional envelope indicators often use static standard deviation bands that fail to adjust to shifting trend momentum or localized price congestion. In order to provide a solution to this problem, this indicator combines a Hull Moving Average (HMA) central baseline with Average True Range (ATR) multiplier steps, automatically fading channel lines and generating precise crossover signals when price interacts with structural grid borders.
The indicator aims to visualize volatility expansion, compression, and overextended momentum zones. The core element of its calculation involves measuring price distance from the central baseline scaled by volatility steps defined as:
centerLine = ta.hma(close, hmaLength)
oscValue = atrVal != 0 ? (close - centerLine) / atrVal : 0.0
where centerLine acts as the adaptive trend anchor, and oscValue normalizes deviations into standardized grid units. Higher values of numLevels and ATR multipliers allow the indicator to filter out localized market noise and isolate major overbought or oversold structural extremes.
🔵 FEATURES
The system utilizes a multi-layered matrix structure to provide actionable market intelligence:
1 — Dynamic HMA & ATR Grid Engine
Central Baseline Momentum: Tracks trend direction and baseline elasticity using customizable Hull Moving Average lengths via ta.hma(close, hmaLength)
Volatility Multiplier Steps: Projects up to 5 multi-tiered grid levels above and below the baseline scaled dynamically by ATR volatility.
2 — Proximity Fade & Edge Label Management
Smart Proximity Hiding: Automatically hides chart grid line segments when price approaches a level within a set percentage threshold using diff <= proxDist .
Right-Edge Price Tags: Automatically renders live numerical price tags and oscillator labels on the right edge of the chart using custom label management functions.
3 — Synchronized Oscillator Pane & Position Dashboard
Multi-Level Oscillator Fill: Projects a synchronized sub-pane oscillator complete with gradient fills and crossover signal annotations.
Position Scale Dashboard: Features an interactive table displaying real-time level states and oscillator positioning across the grid.
🔵 HOW TO USE
Apart from the basic visualization of volatility channels, this tool can also act in alternative ways to support decision-making:
Identify Channel Extremes: Monitor the outer grid levels (+3 to +5 / -3 to -5) to spot overextended market conditions where price is likely to revert or consolidate.
Trade Grid Crossovers: Look for confirmed crossover signals and direction labels (▲/▼) when price breaks across key grid boundaries to catch trend continuations.
Track Momentum via Oscillator: Observe the sub-pane oscillator line and gradient fill to gauge the strength of the current move relative to the volatility baseline.
🔵 NOTES
Why this implementation is unique:
It combines an overlay price grid with a synchronized, volatility-normalized oscillator pane in a single unified script.
The proximity fade engine keeps the chart clean by automatically removing line clutter directly under active price action.
The script is fully optimized for Pine Script version 6, utilizing advanced conditional plotting, multi-timeframe safety filters, and dynamic dashboard tables.
Indikator
XauLabs BOS / CHoCHENGLISH
What it does
A market either keeps doing what it was doing, or it stops. This indicator marks the exact bar where that question gets answered: a BOS when structure continues in the same direction, a CHoCH when it breaks against it. Two scales are read in parallel — a swing structure for the major turns, an internal structure for the detail inside them — so the chart shows both the shape of the move and its texture.
Where this one differs
Most tools flip the bias to the opposite direction the moment a CHoCH prints. This one does not. A bullish CHoCH inside a downtrend cancels the downtrend and returns the state to RANGE — nothing more. The upside then has to prove its own sequence with a first BOS in its direction before an uptrend is declared. That is a deliberate choice: a change of character is evidence that the previous story ended, not evidence that the opposite story has begun. It is less flattering to read and closer to what actually happens.
How it works (full method)
Confirmed pivots, two widths. Swing pivots use 20 bars on each side by default, internal pivots use 5. A pivot is only registered once the right-hand bars have closed, which is what makes the tool non-repainting — and what makes a level appear with a delay rather than being revised later.
Breaks are judged on the close. A wick beyond a pivot changes nothing. The candle has to close beyond the level for the structure to be considered broken. This is the same rule used across the whole XauLabs set, and it is what separates a break from a sweep.
One level, one break. Each pivot carries a flag. Once it has produced a break it is retired, so a single level cannot trigger a cascade of marks as price oscillates around it.
State machine. Three states per scale: bullish, bearish, range. A break with the trend increments the BOS counter. A break against it sets the state to range and resets the counter to zero. From range, the first break in either direction establishes that direction with one BOS.
Optional shape filter. On the internal scale, breaks can be filtered by candle shape — a bullish break is kept only when the upper wick is shorter than the lower one, and conversely. Off by default.
Dashboard. Two columns, swing and internal, each showing the current state and the number of BOS in the running sequence, plus the exact level whose close would trigger the next CHoCH. When both columns agree, the move is aligned; when the internal scale drops to range while the swing scale still reads bullish, that divergence is the first sign of tiring.
No repainting
Pivots are confirmed by the right-hand bars and never revised. Breaks are evaluated on confirmed bars only. A mark printed in history is exactly what would have been printed live, with the same delay.
Settings
Swing and internal pivot width, either structure on or off, shape filter, which marks to display (all, BOS only, CHoCH only), number of marks kept on screen, level lines, colours, theme, dashboard and text size. Eight alert conditions, four per scale.
Educational structural tool. It gives no buy or sell signals and makes no performance claim. Trading involves substantial risk of loss.
FRANÇAIS
Ce que fait l'indicateur
Un marché continue ce qu'il faisait, ou il s'arrête. Cet indicateur marque la bougie exacte où la question est tranchée : un BOS quand la structure continue dans le même sens, un CHoCH quand elle casse à contresens. Deux échelles sont lues en parallèle — une structure swing pour les tournants majeurs, une structure interne pour le détail à l'intérieur — de sorte que le graphique montre à la fois la forme du mouvement et sa texture.
Ce qui distingue celui-ci
La plupart des outils basculent le biais dans la direction opposée dès qu'un CHoCH apparaît. Pas celui-ci. Un CHoCH haussier dans une tendance baissière annule la tendance baissière et ramène l'état à RANGE — rien de plus. La hausse devra ensuite prouver sa propre séquence par un premier BOS dans son sens avant qu'une tendance haussière soit déclarée. C'est un choix délibéré : un changement de caractère prouve que l'histoire précédente est terminée, pas que l'histoire inverse a commencé. C'est moins flatteur à lire, et plus proche de ce qui se passe réellement.
Comment il fonctionne (méthode complète)
Pivots confirmés, deux largeurs. Les pivots swing utilisent 20 bougies de chaque côté par défaut, les pivots internes 5. Un pivot n'est enregistré qu'une fois les bougies de droite clôturées : c'est ce qui rend l'outil non-repainting, et ce qui fait qu'un niveau apparaît avec un délai plutôt que d'être révisé après coup.
Les cassures se jugent en clôture. Une mèche au-delà d'un pivot ne change rien. La bougie doit clôturer au-delà du niveau pour que la structure soit considérée comme cassée. C'est la règle appliquée dans toute la série XauLabs, et c'est elle qui sépare une cassure d'un balayage.
Un niveau, une cassure. Chaque pivot porte un drapeau. Une fois qu'il a produit une cassure, il est retiré : un même niveau ne peut donc pas déclencher une cascade de marquages pendant que le prix oscille autour.
Machine à états. Trois états par échelle : haussière, baissière, range. Une cassure dans le sens de la tendance incrémente le compteur de BOS. Une cassure à contresens ramène l'état à range et remet le compteur à zéro. Depuis le range, la première cassure dans un sens établit ce sens avec un BOS.
Filtre de forme, optionnel. Sur l'échelle interne, les cassures peuvent être filtrées selon la forme de la bougie : une cassure haussière n'est retenue que si la mèche haute est plus courte que la basse, et inversement. Désactivé par défaut.
Tableau de bord. Deux colonnes, swing et interne, chacune affichant l'état courant et le nombre de BOS de la séquence en cours, plus le niveau exact dont la clôture au-delà déclencherait le prochain CHoCH. Quand les deux colonnes concordent, le mouvement est aligné ; quand l'échelle interne repasse en range alors que le swing reste haussier, cette divergence est le premier signe d'essoufflement.
Aucun repaint
Les pivots sont confirmés par les bougies de droite et ne sont jamais révisés. Les cassures ne sont évaluées que sur bougies confirmées. Un marquage visible dans l'historique est exactement celui qui serait apparu en direct, avec le même délai.
Réglages
Largeur des pivots swing et internes, activation de chaque structure, filtre de forme, marquages affichés (tout, BOS seulement, CHoCH seulement), nombre de marquages conservés, lignes de niveau, couleurs, thème, tableau de bord et taille du texte. Huit conditions d'alerte, quatre par échelle.
Outil structurel à but éducatif. Il ne donne aucun signal d'achat ou de vente et ne formule aucune promesse de performance. Le trading comporte un risque de perte important. Indikator
Intraday Price Action [MaximoPartners]An intraday charting toolkit that highlights volume-driven support/resistance zones, wick-based liquidity, Tokyo/London/New York opening ranges, previous day/week reference levels, VWAP, and the EMA 9 / EMA 21 trend structure.
Designed for intraday use on futures, stocks, crypto, forex, and other volume-supported markets. Signals are confirmed on candle close.
Volume-dominance zones
Green zones identify areas where buyers showed strong control; red zones identify seller-controlled areas.
A zone requires elevated volume and decisive candle positioning:
avgVol = ta.sma(volume, 12)
relVol = avgVol > 0 ? volume / avgVol : 0.0
isEvent = relVol >= 1.6
barRange = math.max(high - low, syminfo.mintick)
bodyEff = math.abs(close - open) / barRange
closePos = (close - low) / barRange
buyStrength = closePos * bodyEff
sellStrength = (1.0 - closePos) * bodyEff
isBuyDominance = isEvent and buyStrength >= 0.55 and buyStrength > sellStrength
isSellDominance = isEvent and sellStrength >= 0.55 and sellStrength > buyStrength
Each zone is centered on the candle extreme—low for buyers and high for sellers—with a total height based on 0.25 ATR. Nearby zones of the same direction are merged, reinforcing that price area. A buy zone is invalidated when a confirmed close falls below it; a sell zone is invalidated when a confirmed close closes above it. Invalidated zones can remain visible in gray.
Use these areas as confluence, not standalone entries: watch how price reacts when it returns to a zone, especially alongside liquidity, opening-range, or higher-timeframe levels.
Liquidity levels
Liquidity levels are created from two consecutive candles with matching wick extremes:
Upper wicks near the same high suggest overhead liquidity / potential resistance.
Lower wicks near the same low suggest below-price liquidity / potential support.
seqWickLen = 2
upperRange = ta.highest(high, seqWickLen) - ta.lowest(high, seqWickLen)
lowerRange = ta.highest(low, seqWickLen) - ta.lowest(low, seqWickLen)
upperSequence = upperRange <= 0.5
lowerSequence = lowerRange <= 0.5
The line stays active until a candle body trades through it. These levels can attract price for a sweep, then act as a decision point: rejection may support a reversal, while acceptance through the level may support continuation.
High-volume move bubbles
Bubbles mark moments when strong buyers or sellers may be defending a price.
Green bubbles appear below bullish buyer-dominance candles, or after a high-volume battle candle with a meaningful lower wick.
Red bubbles appear above seller-dominance candles, or after a high-volume battle candle with a meaningful upper wick.
A bubble requires at least 1.25× the 12-bar average volume.
The bubble text estimates the candle’s traded notional value:
candleDollarAmount = volume * close * syminfo.pointvalue
Treat bubbles as evidence of participation and potential defense—not a guarantee that price will hold.
Opening ranges and reference levels
The indicator plots the first 15-minute opening range and session open for:
Tokyo: 09:00–17:00 Tokyo time
London: 08:00–13:30 London time
New York: 09:30–16:00 New York time
It also plots the previous day high/low and previous week high/low.
ORB highs/lows, session opens, previous day/week highs and lows often become important resistance or support. When price reaches one, look for confirmation: rejection wicks, a bubble, a volume-dominance zone, or a liquidity sweep can strengthen a reversal idea. A clean break and hold beyond a level can instead signal continuation.
EMA 9 and EMA 21
The EMA 9 and EMA 21 provide a simple view of short-term trend and momentum:
EMA 9 crossing above EMA 21 can indicate buyers gaining control.
EMA 9 crossing below EMA 21 can indicate sellers gaining control.
Price holding above both EMAs supports bullish control; price holding below both supports bearish control.
When price moves far away from both lines, it shows strong directional dominance—but can also signal an extended move that may pull back toward the averages.
Use the EMAs for context, then use zones, liquidity, bubbles, and session/reference levels to refine timing.
Indikator
Green & Red Triple Overlap CandleGreen & Red Triple Overlap Candle
Three candles of the same colour that go nowhere.
One side spends three candles in a row pushing, and at the end of it price is still sitting in the
same band it started in. The candles do not step away from each other, they fold back over each other. That is the whole pattern, and it is the opposite of what three same-coloured candles are usually assumed to mean.
The middle candle is the reference. The first and the third clamp its body from opposite ends, and the band they clamp is what gets drawn.
THE TWO PATTERNS
A candle is Green when close is greater than open, and Red when close is less than open. A Doji,
where close equals open, is neither and takes no part. Only fully closed candles are read; the
candle still forming is never used.
Green Triple Overlap
Candle 1, Candle 2 and Candle 3 are all Green
Candle 1 HIGH is at or above Candle 2 CLOSE it already reached the top of the middle body
Candle 3 LOW is at or below Candle 2 OPEN it came back down to the bottom of it
Red Triple Overlap
Candle 1, Candle 2 and Candle 3 are all Red
Candle 1 LOW is at or below Candle 2 CLOSE it already reached the bottom of the middle body
Candle 3 HIGH is at or above Candle 2 OPEN it came back up to the top of it
That is the whole definition. Three colours and two reaches, all on the same group of candles.
WHAT IT ACTUALLY SAYS
Three green candles in a row is normally read as strength. Here it is not, and the two reaches are what change the reading.
Candle 1's high already being at Candle 2's close means the second candle finished the whole of
its work inside ground the first one had already covered. It closed where the previous candle had merely traded. No new territory.
Candle 3's low coming back to Candle 2's open means the third candle handed back the entire middle body before doing whatever it did. Everything the second candle gained was given up and bought again.
Put together: three candles of buying pressure, and the group is still standing on the same band. Buyers keep arriving and something keeps meeting them. The pattern marks absorption, not thrust.
The red side is the same story with the roles swapped.
WHAT MAKES THIS DIFFERENT
1. It is not Three White Soldiers, and reading it as such inverts the meaning.
Three White Soldiers is a staircase: each candle opens inside the previous body and closes beyond it, so the group walks upward. This is the opposite construction. Each candle folds back over the middle one, so the group stands still. Both are three same-coloured candles, and that is where the similarity ends.
2. The comparison is against the BODY, not the range.
Both reaches are measured against Candle 2's open and close, not its high and low. Wicks on the
middle candle change nothing. That keeps the test on where price actually settled rather than on how far it briefly poked, which is what makes the pattern uncommon instead of everywhere.
3. The middle candle is a fixed reference, not just the one in between.
Candle 1 is checked against one edge of it and Candle 3 against the other. The two conditions
point in opposite directions on purpose - that opposition is what clamps the band.
4. Two candles doing this is not the pattern.
Any two adjacent candles overlap to some degree. It takes a third, reaching back the other way, before the group can be said to have gone nowhere. Nothing is reported until all three are closed and all three conditions hold.
5. Same colour throughout is mandatory.
A mixed group is a reversal story and is already well covered by engulfing and pin bar tools. Here every candle belongs to the same side, which is what makes the lack of progress worth noticing at all.
READING THE CHART
Each detected pattern draws a solid box over the MIDDLE candle's body - the band that was clamped - stretched across all three candles.
Green Triple Overlap drawn in the bullish colour, label below the group
Red Triple Overlap drawn in the bearish colour, label above the group
Labels are parked outside the whole three-candle group rather than on the box, so the text always clears the price action. The box itself is often thin, because the middle body is the thing being measured, and a thin box is information: it means the three candles were argued out in a very narrow band.
An optional outline draws the full high-to-low range of the three candles around that band. Turn it on to see how much room the group used in total against how little it kept. It is off by default so the clamped band stays the focus, but on a chart zoomed far out it is also the easiest way to spot where the patterns are, because the band on its own is only as tall as one candle body.
The band can also be run out to the right edge, which turns it from a marker of what happened into a level you can watch price return to. That is off by default as well. The range outline is never extended - it describes three particular candles, not a price that is still live.
A summary table in the corner counts how many of each type were found inside the current scan window. It counts every pattern found, including a type that is currently switched off, so the table always reflects what the market actually printed rather than what is on screen.
SETTINGS
Scan
- Scan Length: how many closed candles are scanned backwards from the latest bar. The running candle is always excluded.
Pattern Types
- A switch for Green Triple Overlap and one for Red Triple Overlap.
- Show Full Candle Range: outlines the whole height of the three candles around the clamped band.
Zone Style
- Bullish and Bearish colours, and the fill transparency of the band. The full range outline is
always drawn lighter than the band it surrounds.
- Extend Zones Right: runs the clamped band out to the right edge so you can see where price sits against it now. Only the band is extended, never the range outline.
Labels
- Show Labels, Label Size, and Label Distance from Candles as a percentage of the group's full
height. Increase the distance on noisy charts so labels clear the candles.
Summary Table
- Show, position and size of the corner table.
ALERTS
Two alert conditions: Green Triple Overlap and Red Triple Overlap.
Each message carries the pattern name, the symbol, the timeframe and the closing price. The same messages are also sent through the alert function, so the "Any alert() function call" alert type can deliver both through a single alert.
All alerts are evaluated only after a candle has fully closed.
REPAINTING
This script does not repaint.
- Detection reads confirmed candles only. The scan starts far enough behind the latest bar that
the candle still forming is never part of any group.
- Every alert signal is written so that it can only become true once a candle has finished. Price
moving inside an open candle cannot make a signal appear and then disappear.
- Boxes are rebuilt on the last bar using confirmed history. A box that has been drawn does not
move or change afterwards. It only leaves the chart when it falls outside the Scan Length
window.
When you create an alert, TradingView may show a caution banner saying the indicator can repaint. That banner appears automatically for any script that uses the built in bar state variables, no matter how they are used, because the platform cannot check the intent behind them. This script uses them for the opposite purpose: one of them is what restricts every signal to bar close, and the other is what redraws the boxes efficiently on the final bar. Choosing "Once Per Bar Close" when creating the alert is still recommended.
NOTES AND LIMITATIONS
- The pattern is uncommon by design. Three candles have to share a colour and then reach back
across each other in opposite directions. Stretches with nothing on the chart are normal. If you
want to see more of them, look at a faster timeframe rather than loosening anything.
- Doji candles take no part. A group containing one is never reported, because a Doji has no
direction to share.
- Increasing Scan Length raises the number of drawing objects, and switching the full range outline on doubles the boxes. TradingView caps these at 500 boxes and 500 labels, and the oldest are dropped once a cap is reached. The default is chosen to stay well inside those limits.
- Overlapping groups are possible. Three candles can belong to one pattern while the next three, shifted by one, form another, so boxes may sit next to or inside each other.
- Detection is purely structural. It reports where the shape occurred and nothing more. It does not rank patterns by quality, measure follow through, or produce entries, targets or stops.
HOW TO USE IT
The box marks a band that one side defended for three candles running. Traders commonly watch these areas for:
- A reaction when price returns to the band later, since it was contested once already
- Continuation once price finally leaves the band, because the side that was absorbed has spent
three candles worth of effort with nothing to show for it
- Context alongside higher timeframe structure, where absorption against the larger trend reads differently from absorption with it
The edges of the box - the middle candle's open and close - are the two prices the group kept
returning to, and they are usually the more interesting part of it.
These are reference areas, not entry signals on their own. Use them alongside your own support and resistance mapping, your own entry method and proper risk management.
DISCLAIMER
This indicator is a pattern detection tool. It is not financial advice and it makes no claim about
profitability. Trading involves risk. Always apply your own analysis and risk management. Indikator
