OPEN-SOURCE SCRIPT
BPA Josep Capo
This is a Price Action tool designed to streamline chart reading by combining dynamic range tracking, key candlestick patterns, and quantitative context into a single clean overlay.
Key Features
Dynamic Range Tracker (ADR / AWR / AMR): Automatically calculates the 20-period average absolute High-Low range for your selected timeframe (Daily, Weekly, or Monthly) and displays it in a clean on-screen table.
ABR (Average Bar Range): Tracks the average High-Low range over the previous 5 periods on your current chart.
Surprise Bars: Optional color-coding for high-momentum candles exceeding 11% of your selected average range (Lime for bullish, Purple for bearish). Disabled by default.
Intraday Bar Counter: Automatically counts intraday bars per session and highlights hourly closing candles to help maintain session context and timing.
Inside & Outside Bar Detection: Places clean visual cues beneath bars to mark price compression and expansion (Triangles for Inside Bars, Circles for Outside Bars).
Multi-Timeframe EMAs: Plots the current chart 20 EMA alongside optional 15-minute and 60-minute 20 EMAs for quick higher-timeframe trend checks.
How to Use
Select your primary context framework (Daily, Weekly, or Monthly) in the script settings based on your trading style.
Monitor the top-right table to compare current bar volatility (ABR) against overall timeframe expectations (ADR/AWR/AMR).
Toggle Highlight Surprise Bars in the settings if you want visual cues for sudden breakout candles.
Developed for Al Brooks' price action trading.
Key Features
Dynamic Range Tracker (ADR / AWR / AMR): Automatically calculates the 20-period average absolute High-Low range for your selected timeframe (Daily, Weekly, or Monthly) and displays it in a clean on-screen table.
ABR (Average Bar Range): Tracks the average High-Low range over the previous 5 periods on your current chart.
Surprise Bars: Optional color-coding for high-momentum candles exceeding 11% of your selected average range (Lime for bullish, Purple for bearish). Disabled by default.
Intraday Bar Counter: Automatically counts intraday bars per session and highlights hourly closing candles to help maintain session context and timing.
Inside & Outside Bar Detection: Places clean visual cues beneath bars to mark price compression and expansion (Triangles for Inside Bars, Circles for Outside Bars).
Multi-Timeframe EMAs: Plots the current chart 20 EMA alongside optional 15-minute and 60-minute 20 EMAs for quick higher-timeframe trend checks.
How to Use
Select your primary context framework (Daily, Weekly, or Monthly) in the script settings based on your trading style.
Monitor the top-right table to compare current bar volatility (ABR) against overall timeframe expectations (ADR/AWR/AMR).
Toggle Highlight Surprise Bars in the settings if you want visual cues for sudden breakout candles.
Developed for Al Brooks' price action trading.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.