OPEN-SOURCE SCRIPT
Pressure Spectrum Analyzer [StrixEDGE]

StrixEDGE is a pressure spectrum analyzer that decomposes each candle into its buying vs selling pressure components, then visualizes pressure alignment across eight Fibonacci-based lookback periods as a real-time colored heatmap ribbon. Instead of relying on derived calculations from close prices alone, it reads the internal anatomy of every candle to reveal what buyers and sellers are actually doing.
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🔮 CORE CONCEPT — CANDLE PRESSURE DECOMPOSITION
Most indicators process the closing price through mathematical formulas. StrixEDGE starts differently: it decomposes each candle's anatomy into a net pressure score.
→ Buying pressure = (close − low) / (high − low)

→ Selling pressure = (high − close) / (high − low)

→ Net pressure = buying − selling → ranges from −1 to +1
A candle closing at its absolute high scores +1 (pure buying dominance). A candle closing at its low scores −1 (pure selling dominance). A doji closing at the midpoint scores 0 (equilibrium). This raw pressure reading captures information that close-price-only indicators miss entirely: wick rejections, body dominance, and where within the range the session actually settled.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 THE FIBONACCI SPECTRUM — 8 BANDS
The raw net pressure is then smoothed with an EMA at eight Fibonacci lookback periods:
Band 1 → 3 bars (ultra-fast, reacts to individual candles)
Band 2 → 5 bars
Band 3 → 8 bars
Band 4 → 13 bars
Band 5 → 21 bars
Band 6 → 34 bars
Band 7 → 55 bars
Band 8 → 89 bars (trend anchor, moves slowly)
Each band is displayed as a horizontal color stripe. The result is an 8-layer heatmap ribbon that updates every bar:
→ Bright green = strong buying pressure at that period
→ Pale green = moderate buying
→ Gray = neutral / equilibrium
→ Pale red = moderate selling
→ Bright red = strong selling pressure
The visual effect is immediate: when all 8 bands turn the same color, the market is in full alignment. When they diverge (top bands green, bottom bands red, or vice versa), the market is in transition — and that transition is where the edge lives.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 HOW TO READ THE RIBBON
ALL BANDS GREEN — Full bullish convergence. Buying pressure dominates across all timeframes from 3-bar to 89-bar. Strong trend in progress.
ALL BANDS RED — Full bearish convergence. Selling pressure dominates across all timeframes. Strong downtrend in progress.
MIXED COLORS — Disagreement between timeframes. The market is choppy, consolidating, or transitioning. No clear edge.
BOTTOM BANDS FLIP FIRST — The fast periods (3, 5, 8) change color before the slow periods (34, 55, 89). This is a momentum wave forming — an early reversal signal before the full spectrum converges. StrixEDGE marks these moments with yellow diamond markers (◆).
TOP BANDS HOLD WHILE BOTTOM FLIP — The trend anchor (slow periods) remains in one direction while fast periods temporarily flip. Often a pullback within a larger trend, not a reversal.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 WAVE DETECTION — EARLY REVERSAL WARNING
StrixEDGE includes a proprietary wave detection system. It identifies when the three fastest bands (3, 5, 8) have already flipped direction while the three slowest bands (34, 55, 89) have not. This divergence between fast and slow pressure readings often precedes a full spectrum convergence by several bars, giving an early warning of potential trend shifts.
Wave markers appear as yellow diamonds (◆) on the ribbon. They are not entry signals — they are attention signals. When a wave marker appears, watch for the remaining bands to follow. If they do, a full convergence signal follows.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 SIGNAL GENERATION
Buy and Sell signals fire when the spectrum achieves convergence:
1. Convergence Threshold — A configurable minimum number of bands (default 6 out of 8) must agree on the same direction.
2. Transition Detection — The signal fires only on the bar where the convergence count first crosses the threshold, not on every bar it remains above it.
3. Flip-Only Logic — After a Buy signal, the next signal must be a Sell (and vice versa). No consecutive same-direction signals.
4. Cooldown — A configurable minimum number of bars between signals (default 10).
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 THE PULSE LINE
A composite line overlaid on the ribbon shows the average pressure across all 8 bands, scaled to the ribbon's visual range. It provides a single-glance summary of the aggregate market pressure:
→ Pulse above midline and green = net buying pressure
→ Pulse below midline and red = net selling pressure
→ Pulse at midline and gray = equilibrium
The pulse line often leads the ribbon visually — it can curl toward the midline before the individual bands start flipping, providing another layer of early warning.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 DASHBOARD
The on-chart dashboard displays:
→ Real-time pressure reading for each of the 8 bands with directional arrows
→ Convergence count and direction (e.g., "6 / 8 BULL")
→ Composite pulse value
→ Current wave status (Bull Forming / Bear Forming / None)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 SETTINGS GUIDE
Spectrum
• Bullish Threshold (default 0.15) — Pressure above this value counts as bullish for convergence scoring. Lower = more sensitive.
• Bearish Threshold (default −0.15) — Pressure below this counts as bearish. Closer to zero = more sensitive.

Signals
• Convergence Minimum (default 6) — How many of the 8 bands must agree. Range 3-8. Higher = fewer but stronger signals.
• Signal Cooldown (default 10 bars) — Minimum spacing between consecutive signals.
Display
• Show Pulse Line — Toggle the composite pressure overlay.
• Show Wave Markers — Toggle early reversal diamonds.
• Show Dashboard — Toggle the status table.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 WHAT MAKES THIS ORIGINAL
StrixEDGE is not a wrapper around existing indicators. Its originality lies in three layers:
1. The data source is candle anatomy (body position within range), not close price or volume alone. This extracts buying/selling pressure information that close-price-derived indicators structurally cannot access.
2. The multi-period spectrum approach displays pressure alignment across eight simultaneous timeframes in a single visual. Standard oscillators show one reading at one lookback period. StrixPULSE shows eight readings simultaneously as a heatmap, making convergence and divergence visible at a glance.
3. Wave detection identifies the propagation pattern — when fast periods lead slow periods in a directional flip — as a standalone analytical feature. This captures the internal momentum dynamics of a trend change, not just the result.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 RECOMMENDED USE
Designed for day trading timeframes (15-minute to 1-hour). Works across all markets with standard OHLC data: crypto, forex, stocks, indices, commodities. Best used as a companion below the main chart alongside an overlay indicator (such as StrixEDGE or any trend-following system). The ribbon provides the conviction layer — it answers "should I trust this signal?" by showing whether the pressure spectrum supports the trade direction.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ DISCLAIMER
This indicator is a technical analysis tool, not financial advice. No indicator guarantees profitable outcomes. Past performance of any signal does not indicate future results. Always apply proper risk management and use this tool as one component of a complete trading plan.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
5 alert conditions: Buy Signal, Sell Signal, Any Signal, Bull Wave, Bear Wave.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 CORE CONCEPT — CANDLE PRESSURE DECOMPOSITION
Most indicators process the closing price through mathematical formulas. StrixEDGE starts differently: it decomposes each candle's anatomy into a net pressure score.
→ Buying pressure = (close − low) / (high − low)
→ Selling pressure = (high − close) / (high − low)
→ Net pressure = buying − selling → ranges from −1 to +1
A candle closing at its absolute high scores +1 (pure buying dominance). A candle closing at its low scores −1 (pure selling dominance). A doji closing at the midpoint scores 0 (equilibrium). This raw pressure reading captures information that close-price-only indicators miss entirely: wick rejections, body dominance, and where within the range the session actually settled.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 THE FIBONACCI SPECTRUM — 8 BANDS
The raw net pressure is then smoothed with an EMA at eight Fibonacci lookback periods:
Band 1 → 3 bars (ultra-fast, reacts to individual candles)
Band 2 → 5 bars
Band 3 → 8 bars
Band 4 → 13 bars
Band 5 → 21 bars
Band 6 → 34 bars
Band 7 → 55 bars
Band 8 → 89 bars (trend anchor, moves slowly)
Each band is displayed as a horizontal color stripe. The result is an 8-layer heatmap ribbon that updates every bar:
→ Bright green = strong buying pressure at that period
→ Pale green = moderate buying
→ Gray = neutral / equilibrium
→ Pale red = moderate selling
→ Bright red = strong selling pressure
The visual effect is immediate: when all 8 bands turn the same color, the market is in full alignment. When they diverge (top bands green, bottom bands red, or vice versa), the market is in transition — and that transition is where the edge lives.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 HOW TO READ THE RIBBON
ALL BANDS GREEN — Full bullish convergence. Buying pressure dominates across all timeframes from 3-bar to 89-bar. Strong trend in progress.
ALL BANDS RED — Full bearish convergence. Selling pressure dominates across all timeframes. Strong downtrend in progress.
MIXED COLORS — Disagreement between timeframes. The market is choppy, consolidating, or transitioning. No clear edge.
BOTTOM BANDS FLIP FIRST — The fast periods (3, 5, 8) change color before the slow periods (34, 55, 89). This is a momentum wave forming — an early reversal signal before the full spectrum converges. StrixEDGE marks these moments with yellow diamond markers (◆).
TOP BANDS HOLD WHILE BOTTOM FLIP — The trend anchor (slow periods) remains in one direction while fast periods temporarily flip. Often a pullback within a larger trend, not a reversal.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 WAVE DETECTION — EARLY REVERSAL WARNING
StrixEDGE includes a proprietary wave detection system. It identifies when the three fastest bands (3, 5, 8) have already flipped direction while the three slowest bands (34, 55, 89) have not. This divergence between fast and slow pressure readings often precedes a full spectrum convergence by several bars, giving an early warning of potential trend shifts.
Wave markers appear as yellow diamonds (◆) on the ribbon. They are not entry signals — they are attention signals. When a wave marker appears, watch for the remaining bands to follow. If they do, a full convergence signal follows.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 SIGNAL GENERATION
Buy and Sell signals fire when the spectrum achieves convergence:
1. Convergence Threshold — A configurable minimum number of bands (default 6 out of 8) must agree on the same direction.
2. Transition Detection — The signal fires only on the bar where the convergence count first crosses the threshold, not on every bar it remains above it.
3. Flip-Only Logic — After a Buy signal, the next signal must be a Sell (and vice versa). No consecutive same-direction signals.
4. Cooldown — A configurable minimum number of bars between signals (default 10).
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 THE PULSE LINE
A composite line overlaid on the ribbon shows the average pressure across all 8 bands, scaled to the ribbon's visual range. It provides a single-glance summary of the aggregate market pressure:
→ Pulse above midline and green = net buying pressure
→ Pulse below midline and red = net selling pressure
→ Pulse at midline and gray = equilibrium
The pulse line often leads the ribbon visually — it can curl toward the midline before the individual bands start flipping, providing another layer of early warning.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 DASHBOARD
The on-chart dashboard displays:
→ Real-time pressure reading for each of the 8 bands with directional arrows
→ Convergence count and direction (e.g., "6 / 8 BULL")
→ Composite pulse value
→ Current wave status (Bull Forming / Bear Forming / None)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 SETTINGS GUIDE
Spectrum
• Bullish Threshold (default 0.15) — Pressure above this value counts as bullish for convergence scoring. Lower = more sensitive.
• Bearish Threshold (default −0.15) — Pressure below this counts as bearish. Closer to zero = more sensitive.
Signals
• Convergence Minimum (default 6) — How many of the 8 bands must agree. Range 3-8. Higher = fewer but stronger signals.
• Signal Cooldown (default 10 bars) — Minimum spacing between consecutive signals.
Display
• Show Pulse Line — Toggle the composite pressure overlay.
• Show Wave Markers — Toggle early reversal diamonds.
• Show Dashboard — Toggle the status table.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 WHAT MAKES THIS ORIGINAL
StrixEDGE is not a wrapper around existing indicators. Its originality lies in three layers:
1. The data source is candle anatomy (body position within range), not close price or volume alone. This extracts buying/selling pressure information that close-price-derived indicators structurally cannot access.
2. The multi-period spectrum approach displays pressure alignment across eight simultaneous timeframes in a single visual. Standard oscillators show one reading at one lookback period. StrixPULSE shows eight readings simultaneously as a heatmap, making convergence and divergence visible at a glance.
3. Wave detection identifies the propagation pattern — when fast periods lead slow periods in a directional flip — as a standalone analytical feature. This captures the internal momentum dynamics of a trend change, not just the result.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔮 RECOMMENDED USE
Designed for day trading timeframes (15-minute to 1-hour). Works across all markets with standard OHLC data: crypto, forex, stocks, indices, commodities. Best used as a companion below the main chart alongside an overlay indicator (such as StrixEDGE or any trend-following system). The ribbon provides the conviction layer — it answers "should I trust this signal?" by showing whether the pressure spectrum supports the trade direction.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ DISCLAIMER
This indicator is a technical analysis tool, not financial advice. No indicator guarantees profitable outcomes. Past performance of any signal does not indicate future results. Always apply proper risk management and use this tool as one component of a complete trading plan.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
5 alert conditions: Buy Signal, Sell Signal, Any Signal, Bull Wave, Bear Wave.
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう!無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
✅MY Free Signals Telegram
t.me/StrixEdge
✅Website
strix-edge.com
t.me/StrixEdge
✅Website
strix-edge.com
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう!無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
✅MY Free Signals Telegram
t.me/StrixEdge
✅Website
strix-edge.com
t.me/StrixEdge
✅Website
strix-edge.com
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。