CBC Engine [MMT]

CBC Engine [MMT] is a Candle-By-Candle (CBC) Flip strategy indicator for TradingView, specifically optimized for the 3-minute chart with a 10-minute higher-timeframe (HTF) bias.

It is based on the CBC Flip method originally popularized by MapleStax. The core idea is simple yet powerful: a new directional bias is established the moment price closes beyond the previous candle’s extreme.

Core Logic – CBC Flip

Bullish Flip (Long): Current candle closes above the previous candle’s High
Bearish Flip (Short): Current candle closes below the previous candle’s Low
If neither happens, the previous CBC state persists (no new flip).

Strong Flip (optional, higher accuracy):

Long: Price first sweeps below the previous low (liquidity grab), then closes above the previous high.
Short: Price first sweeps above the previous high, then closes below the previous low.

Key Filters & Enhancements
1. Trend Environment (EMA + VWAP)

Longs are only allowed when the Slow EMA > VWAP (bullish environment)
Shorts are only allowed when the Slow EMA < VWAP (bearish environment)
You can also display a Pullback EMA for extra context.

2. Dual Timeframe Bias (3m + 10m)

The 10-minute chart provides the overall bias using its own CBC state.
Primary rule: Only take 3m flips that align with the 10m CBC bias.
Bounce Override (very useful): If the 3m flip goes against the 10m bias, it can still fire only if price bounces off the 10m EMA band (Fast & Slow EMA) while that band is trending in the direction of the trade.

3. Stop Loss Logic

Long SL = Lowest low of the last N candles (default N=2)
Short SL = Highest high of the last N candles
The SL is plotted on the chart and tracked internally. The position is invalidated if price closes beyond the SL.

Visual & Usability Features
- Background Coloring: Shows the current 10m HTF bias (green = bullish, red = bearish, gray = neutral).
- EMA Cloud: Filled areas between 9/13 and 13/21 EMAs to visualize trend strength and pullbacks.
- VWAP: Session-anchored VWAP with customizable style.
- Signals:

Main aligned signals → Lime ▲ LONG or Red ▼ SHORT labels with SL level.
Bounce overrides → Blue ▲ BOUNCE or Orange ▼ REJECT labels.
Weak flips (when “Show ALL Flip Arrows” is on) → small faint triangles for context.

- Dashboard: Shows 10m Bias, 3m State, EMA/VWAP environment, Current Position (Main or Bounce), Stop Loss, and Mode (Strong Flip vs All Flips).
- Session Filter: Optional intraday session (default 09:30–16:00).

Best Use Case

Primary setup: 3-minute chart for entries + 10-minute for bias.
Works best in trending markets where the HTF bias is clear.
The bounce override makes it more flexible in choppy or ranging conditions by allowing counter-bias entries when price respects the HTF EMA band.
“Strong Flips Only” mode significantly reduces noise but gives fewer signals.

Catatan Rilis

What's New

Add setup quality rating
Add more alerts
Update bounce/reject logic
Update script to Pinescript v6

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.

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Skrip open-source

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Juga di: