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Reversal Pro | jjartReversal Pro hunts liquidity-sweep reversals and lets a machine-learning model decide which sweeps are worth acting on. The model is trained directly on your chart — on the exact symbol and timeframe you run it on — and retrains on a schedule as new bars arrive, so its scoring adapts to the instrument's current behavior instead of relying on fixed thresholds. HOW IT WORKS Trigger — pivot sweep. A candle takes out the lowest low (for longs) or highest high (for shorts) of the previous 8 bars and closes back in the opposite half of its own range — the classic stop-hunt / liquidity-sweep reversal footprint. Only these bars are candidates; the ML never fires in the middle of nowhere. Features. Four context features are computed on the closed bar: RSI(14), relative volume (vs its 20-bar average), price Z-score over 20 bars, and ADX(14). Models. Two independent model pairs — one for longs, one for shorts — each consisting of a classifier and a regressor built with the open-source Arbor gradient-boosting library by GainzAlgo: the classifier's training target is "did price move at least 1 ATR in the trade direction within the next 15 bars?" — its output is the probability you see on the signal label; the regressor's target is the actual forward excursion in ATR units — it drives the far take-profit (TP3). Models retrain every 75 bars on the last 500 bars (both configurable). Features are paired strictly with outcomes of already-closed forward windows, so training uses no lookahead. Filters. A signal fires only when ALL of these pass: model score ≥ threshold (80% by default); the chosen direction's score exceeds the opposite one by a minimum edge (rejects "both sides look good" noise); ADX is inside the 12–38 regime window (no dead chop, no runaway trend); a cooldown has passed since the last signal. Optional extra filters (all OFF by default): CCI confirmation — a long requires a recent oversold CCI (≤ −100 within the last 3 bars), a short requires overbought; EMA trend filter — "with trend" takes longs only above the EMA(200) and shorts below it (pullback reversals), "counter-trend" does the opposite (fading stretched price back to the EMA); relative-volume floor — the signal bar's volume must be at least N× its 20-bar average. No repaint. Signals are confirmed on bar close only — a printed mark never moves or disappears. Target/stop hits are evaluated on confirmed bars as well. RISK MODULE Stop-loss is anchored behind the signal bar's wick (the sweep extreme) plus a small ATR buffer; a minimum stop distance of 0.5 ATR is enforced. TP1 = 1R (a true 1:1 to the initial risk, configurable). When TP1 is touched, the stop moves to entry (break-even, optional). TP3 = the regressor's predicted excursion × ATR, floored at 2R so it never prints an unreasonably close target. TP2 = halfway between TP1 and TP3. Level lines recolor as they fill; the trade completes at TP3 or at the stop. A stop hit after the break-even move is reported as a break-even exit, not a loss. CHART OBJECTS & DASHBOARD ▲/▼ marks at the signal bar show the exact model score (e.g. 84.3%); 90%+ signals use the highlight color; the tooltip shows score, directional edge, ADX, RSI, CCI and the expected TP3 distance in R at signal time. The signal bar's background is softly tinted, and the Entry/SL/TP lines carry small price tags. Language: input names are bilingual (Russian / English); everything drawn on the chart — dashboard, statuses, level tags, tooltips — switches between English and Russian via the "🌐 Язык / Chart language" input. The dashboard shows: BIAS (higher-scored direction), GRADE (TRADE 80+ / WATCH 70-79 / NO EDGE) with the long-vs-short EDGE gap, LONG/SHORT scores, ADX vs its allowed window, RSI/RelVol, FEATURES (the model's live feature-importance split), FILTER status (READY / COOLDOWN / OFF-REGIME / TRAINING / IN TRADE), and STATS — live outcome statistics of completed signals on the chart (% reaching TP1 and TP3, % stopped out, % break-even). HOW TO USE Add to a liquid symbol; intraday timeframes 5m–1H work best. Let the model load history — the dashboard shows TRAINING until it has ~500 bars, then READY. Wait for a ▲/▼ mark with the score. Entry reference is the close of the signal bar; SL/TP levels are drawn automatically. Alerts are available for long/short entries, TP1/TP2/TP3, stop-loss and break-even exit. Presets: 🕊 Relaxed (more signals) — score 0.70–0.75, edge 0.03–0.05, cooldown 5, ADX 10–45; 🔒 Strict (fewer, cleaner) — score 0.85–0.90, edge 0.10–0.15, cooldown 15–20, ADX 15–35. Every input's tooltip carries both recommendations. WHAT IS ORIGINAL HERE / OPEN-SOURCE REUSE The Arbor gradient-boosting library © GainzAlgo (MPL 2.0) provides the raw fit/predict algorithm and is credited in the code header. Everything trading-related is original: the pivot-sweep trigger gating the ML, the ATR-normalized forward-excursion labels and leak-free feature/label pairing, dual long/short model pairs with the directional edge filter, the ADX regime window, the bar-close no-repaint policy, the wick-anchored risk ladder with the model-driven TP3, break-even handling separated from stop-losses, the live hit-rate statistics, and the dashboard/labels/alerts layer. DISCLAIMER This is an analysis tool, not financial advice. Past performance of signals does not guarantee future results. Always manage your risk. Описание — RU Reversal Pro — разворотный индикатор, в котором каждый пивот-свип оценивается моделью машинного обучения, обучающейся прямо на вашем графике (конкретный инструмент и таймфрейм) и регулярно переобучающейся под текущий характер рынка. Как рождается сигнал: (1) бар снимает 8-барный экстремум и закрывается в противоположной половине диапазона — классический вынос ликвидности; (2) модель оценивает контекст по 4 признакам: RSI(14), относительный объём, Z-score цены, ADX; для лонга и шорта — отдельные пары «классификатор + регрессор» (библиотека Arbor © GainzAlgo); таргет классификатора — «прошла ли цена ≥1 ATR в сторону сделки за следующие 15 баров», таргет регрессора — фактический ход в ATR; переобучение каждые 75 баров на последних 500, без заглядывания в будущее; (3) фильтры: скор ≥80%, перевес над противоположным направлением, ADX в окне 12–38, пауза между сигналами; опциональные доп. фильтры (по умолчанию выкл): подтверждение CCI (перепроданность/перекупленность рядом с сигналом), трендовый фильтр EMA (по тренду / контртренд), минимальный относительный объём сигнального бара; (4) подтверждение только на закрытии бара — без перерисовки. Язык: названия настроек двуязычные (рус/англ), вся графика — таблица, статусы, ценники уровней, подсказки — переключается тумблером «🌐 Язык / Chart language». Риск-модуль: SL за фитилём сигнального бара + запас ×ATR (минимум 0.5 ATR); TP1 = 1R с переносом в безубыток; TP3 = прогноз регрессора с нижней планкой 2R; TP2 — середина. Стоп после переноса в БУ считается безубытком, а не лоссом. На графике: метки ▲/▼ с точным скором (90%+ подсвечиваются), линии Entry/SL/TP с перекраской при достижении, дашборд (скоры, BIAS/EDGE/GRADE, режим ADX, важность признаков, статус движка, живая статистика отработки TP1/TP3/SL/BE) и алерты на все события. Пресеты: 🕊 мягкий (больше сигналов) — скор 0.70–0.75, перевес 0.03–0.05, пауза 5, ADX 10–45; 🔒 строгий — скор 0.85–0.90, перевес 0.10–0.15, пауза 15–20, ADX 15–35. Дисклеймер: инструмент анализа, не финансовая рекомендация. Управляйте риском.
Indicator
by jjart
Triple Screen DB + RSI DivergenceSince you're already using CHOCH, BOS, CISD, Fibonacci OTE, premium/discount, and liquidity in your NQ trading, this strategy works best as an additional filter rather than a standalone system. An A+ buy setup would look like this: Higher timeframe (15m or 1H) is bullish. Price pulls into a discount area or bullish order block. A Double Bottom forms near support. RSI prints bullish divergence. The 1-minute chart confirms with a CHOCH or CISD. Enter on the retracement, place the stop below the Double Bottom, and target the next liquidity level or previous high. This approach stacks multiple confirmations instead of relying on a single signal, which generally leads to higher-quality trade opportunities.
Indicator
by Rayfxsignals
Gabriel Trend Stages Reversal w/TargetEARLY/MATURE/LATE trend labels (ATR-extension staging from EMA-cross trend start), stage target zones for Mature/Late/Consolidation announced at Early confirmation, highlighted CONSOLIDATION box, ★ REVERSAL POINT ★ notation on consolidation break, then the NEW trend staged Early→Mature→Late with a reversal target zone projected to the new trend's Late stage ("REVERSAL TARGET HIT" when reached). Full mirror (downtrend → reversal up) included. Alerts at every stage transition.
Indicator
by eegabriel2000
Drawdown [WynTrader]Drawdown Hello my friend Before trading an unfamiliar asset, it's worth seeing how it survived its toughest moments — including major market crashes. This indicator reveals every significant decline a security has experienced: how far it dropped, and how long it took. Seeing a past drawdown of -54% over 13 months makes the next correction far less intimidating. Use it to measure real risk, set realistic expectations, and trade with more confidence. █ CONCEPTS A drawdown is the decline from a price peak to the lowest point that follows. The indicator automatically detects every peak and trough, filtering out noise to keep only declines at or above your chosen threshold (default: 20%). █ FEATURES Threshold — Set the minimum decline to display, so only meaningful crashes appear. Boxes & Labels — Each drawdown is highlighted on the chart from peak to trough, labeled with its duration and amplitude (e.g., 13M -54%). History Table — Lists every recorded drawdown with start/end dates, span, and decline %. Sortable and adjustable in size. █ CONCLUSION Before investing, check an asset's drawdown history: how deep, how long, did it recover? These questions reveal its true volatility and resilience. A chart without this history tells only half the story. █ WYNTRADER I'm not a Pine Script programmer — just a trader building tools for my own analysis. A few rough edges may remain. Enjoy! WynTrader
Indicator
by Wyn-Trader
ICT IRL ERL Liquidity Rotation Indicator v1This indicator automates a full ICT-style liquidity rotation model: it builds dealing ranges for the Daily, London, and NY AM sessions, plots OTE (Optimal Trade Entry) fib zones on each, locates a confirming Fair Value Gap inside that OTE zone across multiple timeframes (1H → 15m → 5m), and then tracks a full setup lifecycle — tap, manipulation leg, inversed-1m-FVG or CISD confirmation, and entry — from IDLE through HUNTING to TRIGGERED. A second, independent engine does the reverse: it watches key session highs/lows (London and Asia) for a liquidity sweep and runs the same manipulation-leg / iFVG / CISD confirmation logic in the opposite direction (ERL → IRL). What it plots Session highs/lows (Asia, London, NY AM, NY PM) with live and locked untaken-liquidity levels NDOG/NWOG opening gaps Daily, London, and NY Killzone dealing ranges with OTE fib levels (0, 0.5, 0.62, 0.705, 0.79, 1) The specific FVG (labelled by timeframe and range) sitting inside each range's OTE zone LONG/SHORT labels the moment a setup's entry trigger fires How to use it Run the indicator on a 1-minute chart — the entry-trigger logic is designed specifically for 1m confirmation. Watch the two status tables (top-right: IRL→ERL per session; bottom-right: ERL→IRL per level) to see each setup's current state: IDLE (nothing happening), HUNTING (tapped and watching for confirmation), TRIGGERED (entry signal fired), or COMPLETED. A LONG/SHORT forecast appears on the chart when a setup triggers — that's your entry signal. All key parameters — session times, swing sensitivity, FVG timeframe priority, minimum displacement for a valid trigger — are adjustable in the settings. Note: This is a decision-support tool, not signal-and-forget automation — always apply your own judgment and risk management before acting on any label.
Indicator
by kailetrading
1
Volume Spike (POC) [LTW] v4📊 Volume Spike (POC) v4 This indicator captures and intuitively displays on the chart the exact moments when trading volume surges beyond a user-defined threshold ("n" times the average volume of the last "n" candles). Without having to constantly look down at the complex volume bars at the bottom of your screen, you can identify powerful volume inflows directly on the candles themselves to build your trading strategies. ⚙️ Key Features & Customization ▪️ Flexible Period Settings (Default: 672) By default, it calculates the average volume over 'one week (672 bars)' based on a 15-minute timeframe. You can freely adjust this period to match your trading style. ▪️ Intrabar POC Tracking & Smart Extension Lines (Newly Added) It tracks the Point of Control (POC) within the volume-spiked candle down to lower timeframes (customizable by the user) and displays it as a horizontal line on the candle. If subsequent price action breaks or touches this POC price, an extension line is generated. This extension line is drawn only until the next volume-spiked candle appears. Since having too many automatic lines can become a distraction for chart analysis, we intentionally limited the extension—we recommend manually drawing further horizontal lines if you need to track historical POC levels longer. ▪️ Visual Optimization (Color & Size Adjustments) Customize the color and size of the shapes displayed on the chart to match your personal chart theme (dark/light mode). ▪️ Keep Charts Clean (Limit Display to Recent "n" Bars) Prevents the chart from becoming cluttered with excessive historical signals, which often happens on lower timeframes. You can limit the indicator to display only within the most recent "n" bars. ▪️ Candle Close-Based Alerts (Newly Added) To prevent false breakouts and premature entries, alerts are triggered strictly based on the close of the candle. This completely prevents noise during candle formation and the phenomenon where signals disappear (repainting), allowing you to receive highly reliable alerts where the volume spike is finalized. 💡 How to Use & Trading Strategies Provides intuitive candlestick analysis within continuous, powerful trends. 1. Identifying Trend Sustainability After a new trend is formed by a marquee candle accompanied by large volume, sustaining that trend in the short term without a 'cool-down period' (corrective waves to ease overheating) requires consecutively larger volume. This indicator intuitively signals the continuation of such strong trends directly above or below the candles. 2. Overcoming One-Dimensional Divergence Errors This helps you flexibly avoid one-dimensional divergence errors that often occur when relying solely on secondary indicators. By checking the actual volume directly at the top and bottom of the candles where volume surged, you can read the true strength of the market without being fooled by market fakeouts. 📌 Summary A practical, all-in-one indicator that allows you to instantly verify high-volume surges on the candles themselves without the bottom volume panel, enabling you to intuitively gauge the strength of continuous, powerful trends. Through the newly added candle close-based alert feature and Intrabar POC tracking, you can receive highly reliable signals and visually monitor key liquidity levels without having to constantly watch the chart.
Indicator
by LoopTheWave
Gabriel Rising Volume Entry Detector w/TargetUptrend detected (min % move over lookback), UPTREND PEAK + declining RESISTANCE dashed line labeled from two lower pivot highs, correction volume must slow below the trend's average (tunable ratio), BUY ENTRY fires only when a big volume spike (default 2× correction average) breaks the resistance line on a green candle, and a target zone is projected beyond entry (correction depth × extension) with alerts throughout. Mirror sell setup included.
Indicator
by eegabriel2000
Gabriel Momentum Divergence Screener With Target ZoneSTART / END Divergence labels + dashed orange line connecting the two price pivots Bullish: price lower low + momentum higher low; Bearish mirror: price higher high + momentum lower high Finds the momentum Highest Point (lowest for mirror) between Start and End, then labels BREAK (purple) when momentum exceeds it ENTER (green ▲ / red ▼) when a candle closes back through the open of the last opposite-color candle, per the card's "open of the red candle" rule Target zone projected as a measured move beyond ENTER (End→entry distance), drawn as orange rays with price labels, plus TARGET HIT notation Alerts at every stage: divergence confirmed, momentum break, ENTER (with price + zone), target hit Tunables: momentum length, pivot length, min/max span between Start/End, confirmation timeout, zone width %, per-direction toggles. Paste into Pine Editor; the momentum line itself lives in its own pane if you also add a plain ta.mom(close, 10) plot — this overlay handles all chart notation.
Indicator
by eegabriel2000
TDI 3.0 by VZSFX🇭🇺 TDI 3.0 by VZSFX - Fejlett Traders Dynamic Index 🌟 Főbb funkciók és Újdonságok: Beépített Beállítás Profilok: Nincs többé hosszas állítgatás! Egyetlen kattintással válthatsz a speciális LIT (50-50-7-2) profil, a hagyományos TDI alap (14-34-7-2), vagy a teljesen Egyedi beállításaid között. Dinamikus Színlogika: * A Slow vonal (Szimulált árfolyam) dinamikusan változtatja a színét annak függvényében, hogy hol tartózkodik (pl. LET körüli piros, SLET körüli sárga, BB-n kívüli extrém kék). A Mid vonal (Liquid Equilibrium) szintén a trend lendületének megfelelően váltja a színét (emelkedő, csökkenő vagy oldalazó/flat). Okos Zónák: Profilhoz kötött, dinamikus felső (piros) és alsó (zöld) zónák, melyek kiterjedése és középvonala szabadon paraméterezhető (pl. 57-43 ±3). Beépített Divergencia Kereső: Az indikátor automatikusan megtalálja és a charton vonalakkal/alakzatokkal jelöli a hagyományos (Regular) és rejtett (Hidden) Bullish és Bearish divergenciákat az árfolyam és az oszcillátor (Slow MA) között. LET & SLET Logika: Beépített feltételrendszer és vizuális visszajelzés a Liquid Equilibrium Touch (LET) és a Statikus LET (50-es szint) azonosítására. Letisztult Felület (UI): A TradingView megszokott "Style" (Stílus) füle teljesen le lett tiltva a letisztultság érdekében. Minden színt, opacitást, vonalvastagságot és ki/bekapcsoló gombot kényelmesen, egy helyen találsz a Bemenetek (Inputs) fülön! Alert-ek (Riasztások): Beépített riasztási feltételek az extrém kilépésekre, LET/SLET jelzésekre és az összes divergenciára. 🇬🇧 TDI 3.0 by VZSFX - Advanced Traders Dynamic Index 🌟 Key Features & Innovations: Built-in Settings Profiles: No more tedious manual adjustments! Switch instantly between the specialized LIT (50-50-7-2) profile, the classic Base TDI (14-34-7-2), or your own fully Custom (Manual) setup with a single click. Dynamic Color Logic: * The Slow Line (Simulated Price) dynamically changes color based on its position (e.g., Red when near the Mid line/LET, Yellow near the 50 level/SLET, Blue when extreme/outside BB). The Mid Line (Liquid Equilibrium) also changes color depending on the trend momentum (rising, falling, or flat). Smart Zones: Profile-linked dynamic Top (Red) and Bottom (Green) zones with adjustable centers and widths (e.g., 57-43 ±3). Built-in Divergence Scanner: The indicator automatically detects and plots Regular and Hidden Bullish and Bearish divergences between the price and the oscillator (Slow MA). LET & SLET Logic: Built-in conditions and visual feedback for identifying Liquid Equilibrium Touch (LET) and Static LET (50-level) conditions. Clean User Interface (UI): The standard TradingView "Style" tab has been completely disabled for a cleaner look. You can find all toggles, colors, opacity levels, and line widths neatly organized in the Inputs tab! Custom Alerts: Pre-built alert conditions for Extreme zone breakouts, LET/SLET signals, and all divergence types.
Indicator
by VZSFX
Bias DashboardBias Dashboard Bias Dashboard is a clean, dashboard-only indicator designed to quickly show the current directional strength of any chart. It analyzes trend structure, momentum, RSI, DMI/ADX, price location, market structure, and higher-timeframe confirmation to calculate a bullish and bearish bias. The dashboard displays: Trend: Bullish, Bearish, or Neutral Grade: A+ through D based on directional strength Score: Overall trend conviction from 0–100 Bullish Meter: Current bullish pressure Bearish Meter: Current bearish pressure This indicator does not generate entries, stop losses, take-profit targets, or chart levels. It is intended to provide a quick market-bias overview that can be used alongside your own trading strategy. The dashboard position, size, title, colors, EMA settings, scoring sensitivity, and higher timeframe can all be customized. How to use it A higher bullish score suggests buyers are currently in control, while a higher bearish score suggests sellers are in control. Higher grades indicate stronger directional alignment across the indicator’s confirmation factors. A strong grade does not automatically mean price should be entered immediately. Traders should still wait for their preferred setup, confirmation, and risk-management conditions. Works on stocks, ETFs, forex, futures, and cryptocurrencies across all chart timeframes. For educational purposes only. Not financial advice.
Indicator
by stonkstradamus
3
Momentum Pulse SignalsMomentum Pulse Signals This indicator generates Buy/Sell badges from a simple momentum score (the "pulse"), then automatically manages an ATR-based stop loss and a risk:reward-based take profit for each signal, showing the resulting entry/stop/target levels directly on the chart. The pulse is just two common indicators added together. RSI is re-centred so 50 becomes 0 and the range becomes −1 to +1. The MACD histogram is divided by its own recent standard deviation and clipped to the same −1 to +1 range, so it scales itself to whatever the instrument's normal histogram size happens to be. The two are blended with an adjustable weight. When the blended value pushes past a positive trigger level the state flips bullish; when it pushes past the negative trigger level it flips bearish. A badge prints on the flip. That's the whole idea. Key Features Blended RSI + MACD-histogram score generates the base Buy/Sell signal, with an optional candle-confirmation requirement (close beyond open in the signal direction). The MACD part is normalised by its own rolling standard deviation, so the same trigger level works across instruments without rescaling. A trigger level with a dead zone around zero means the state only flips on a decisive move, not on every wiggle across zero. Optional slope filter: the pulse must also be moving in the signal's direction over the last few bars. Automatic ATR-based stop loss and configurable Risk:Reward take profit are calculated for every new signal, with intermediate take-profit levels plotted when Risk:Reward is greater than 1. On-chart entry / stop-loss / take-profit lines and an SL distance (in points) label, both toggleable. Take-profit, stop-loss, and "invalidated" (opposite signal fired before target/stop was hit) markers are plotted separately so you can see how each trade idea played out. Optional baseline plot coloured by whether the pulse is positive or negative. Real-price calculation via request.security() keeps signals consistent regardless of chart type (Heikin Ashi, Renko, etc.). A full set of alertcondition() calls for Buy/Sell signals, take-profit hits, stop-loss hits, and invalidated entries. How to Use Start with the defaults. Raise the Pulse Trigger Level if you want fewer badges, lower it if you want more. Shorten the Normalization Length to make the MACD side react faster, lengthen it to make it steadier. Move the RSI Weight toward 1 to lean on RSI, toward 0 to lean on MACD. Turn the slope filter off if you want signals the moment the level is crossed rather than waiting for agreement. Watch the on-chart entry/SL/TP lines to track an open idea's risk and progress. Set alerts on "Buy/Sell Signal", "Entry Signal", "Take Profit Hit", "Stop Loss Hit", or "Entry Invalidated" depending on which events you want.
Indicator
by MiamiGirl
Gabriel Gartley Pattern Detector (Bearish + Bullish) with TargetX — STOP LOSS (dashed red line extended right), A — TARGET, B (61.8% of XA), C (38.2–88.6% of AB), D (78.6% of XA) — SELL point with dotted entry line Bullish mirror included (BUY at D, stop below X) Target zone beyond A: orange box projected from D at 100–127.2% of the XA leg, per the card's TARGET sitting past A; alert carries entry, stop, and target range Fib ratios and tolerance % all tunable Safe stopping point reached — remaining plan is recorded (compile feedback on Gartley; optional master aggregator + per-instrument tuning next).
Indicator
by eegabriel2000
Candle Majick - Booby Trap Detector mk1CANDLE MAJICK - BOOBY TRAP DETECTOR mk1 INTRODUCTION Candle Majick - Booby Trap Detector mk1 is an educational market-context indicator that evaluates apparent bullish and bearish reversal candles as developing hypotheses rather than automatic trade signals. A reversal candle can look persuasive while still forming in a location where the market has not completed the structural work normally needed to support a genuine turn. This script was designed to examine that distinction. Instead of asking only, “Is this a hammer, engulfing candle, pin bar, outside reversal, morning star, or evening star?”, the indicator asks a more useful question: Has the surrounding market context earned the reversal thesis, or is the candle vulnerable to becoming a continuation trap? WHAT THE SCRIPT ANALYZES The indicator combines candle geometry with several independent context layers: • Named intraday key-level zones: - Previous-Day High and Low - Developing Session High and Low - Session VWAP - Nearest configured Round Number • Named swing key-level zones: - Previous-Week High and Low - Previous-Month High and Low - Confirmed Swing High and Low - Two optional user-defined manual levels • Key-level distance and confluence • Repeated-level testing and level-fatigue proxy • Nearby confirmed swing references that may represent probable unswept liquidity • Round-number surface-bounce behavior • Relative-volume and true-range expansion used as a News-Like Event Proxy • Three configurable higher-timeframe trend contexts: - Tactical - Structural - Macro • Persistent candidate memory • Early retail-trap warnings • Confirmed reversal-failure events HOW THE ENGINE WORKS 1. A supported reversal pattern is detected. 2. The pattern receives a raw geometry score based on measurable candle proportions. 3. Setup quality is adjusted according to location. A strong-looking candle that forms away from every enabled key level is downgraded. 4. Trap risk is calculated from contextual warnings, including poor location, nearby unswept swing references, repeated testing, round-number behavior, abnormal expansion, and higher-timeframe contradiction. 5. The candidate is preserved for a configurable evaluation window rather than being recreated on every bar. 6. A WARN event can appear when the reversal candle is contextually vulnerable but has not yet failed. 7. A confirmed BT event appears only when price later violates the stored reversal thesis. This separation matters. A warning is not treated as a confirmed trap, and candle geometry is not treated as reversal proof. HOW TO USE Apply the indicator to the chart timeframe used for execution. Configure the three higher timeframes so they represent the context relevant to your trading horizon. For example, a lower-timeframe trader may use 15 minutes, 1 hour, and 4 hours. Keep the named zones visible while learning the chart map. The script can display abbreviated names such as PDH, PDL, PWH, PWL, PMH, PML, SH, SL, VWAP, and RN, or spell the names out fully. The available chart-label modes are: • Off — hides event labels. • Stealth — shows confirmed booby traps only. • Icon Only — uses minimal symbols while preserving hover explanations. • Compact — shows short event codes and associated higher timeframes. • Verbose — prints classifications, scores, and higher-timeframe conflict directly on the chart. Interpret the events as follows: • Grey candidate marker: A reversal pattern has been detected. This is an observation, not an entry signal. • WARN: Contextual trap risk is elevated, but the candidate has not yet been invalidated. • BT: The stored reversal thesis failed during its evaluation window. Hover over labels for the exact reasons that contributed to the event. WHY THIS SCRIPT IS VALUABLE Many candlestick scanners stop at pattern recognition. That can encourage traders to react to appearance without evaluating location, unfinished liquidity work, repeated level testing, abnormal expansion, or higher-timeframe continuation pressure. Candle Majick - Booby Trap Detector mk1 is designed to fill that gap. Its value is not that it finds more reversal candles. Its value is that it: • downgrades unsupported reversal setups; • distinguishes warnings from confirmed failures; • preserves the original candidate context; • associates trap events with three higher-timeframe regimes; • provides named key-level zones for faster chart cognition; • and explains why a candle received its classification. ORIGINALITY AND SOURCE DISCLOSURE This implementation was independently written for this project in Pine Script v6. No third-party or previously published Pine source code was copied, adapted, translated, or incorporated into this implementation. The script uses TradingView’s documented Pine built-ins, standard mathematical operations, and original project-specific logic for candidate memory, scoring, key-level zoning, higher-timeframe context, event classification, visual presentation, and explanations. EDUCATIONAL TOOLTIP NOTICE The tooltips are included for education, transparency, and auditability. They explain which measured facts and explicitly identified proxies contributed to a warning or trap classification. The tooltips are not advertising, financial advice, performance guarantees, or claims of predictive certainty. IMPORTANT LIMITATIONS This script does not have direct access to: • resting orders; • institutional intent; • real stop orders; • confirmed economic-news causation; • bid/ask delta; • cumulative volume delta; • footprint imbalance; • or market-by-order data. Accordingly, terms such as Probable Liquidity, News-Like Event, Level Fatigue, and Trap Risk describe analytical proxies—not directly observed order-flow facts. Higher-timeframe requests use lookahead disabled for trend calculations. Swing references use confirmed pivots. Candidate markers remain on their original bars, while warnings and confirmed failures appear only when those events are observed. This indicator is an analytical and educational tool. It should be combined with independent judgment, risk management, and appropriate market knowledge.
Indicator
by adekoyotemohn