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Bounce Duration
Overview
Bounce Duration measures and visualizes the bar count of price bounces within a bearish cycle, from a confirmed swing low to its highest swing high before the next lower low. Each completed bounce is drawn as a labeled box, making it immediately obvious when the current bounce is behaving differently from historical ones.
Most bounce-analysis tools focus on price magnitude (how far a rally retraced). This indicator focuses on time, a dimension that is equally important but rarely visualized directly. An unusually long bounce duration is often a meaningful signal that market structure is changing.
How It Works
Swing highs and lows are identified using confirmed pivots. A bounce is measured from a post-ATH swing low to the highest swing high before the next lower low. The cycle resets on a new all-time high, ensuring only post-peak corrective bounces are measured. A live box tracks the current in-progress bounce in real time for direct comparison against history.
Two safeguards prevent false signals:
Inputs
How to Use It
Compare the duration of the current bounce to all prior bounces in the same corrective cycle. Bear market bounces are typically short and uniform. When a bounce persists significantly longer than any previous one, it suggests accumulation may be underway rather than a simple relief rally.
Example: On Bitcoin's daily chart, the current bounce from the 2026 lows, measured on closing prices, is already longer in duration than every prior bounce in the post-ATH correction of prior cycles. This temporal outlier supports the case for a durable bottom forming rather than just another bear market bounce.
The indicator works on any timeframe and any instrument with clear corrective cycles. Adjust Pivot Length to match your timeframe, lower values for intraday and higher for weekly or monthly analysis.
Notes
Bounce Duration measures and visualizes the bar count of price bounces within a bearish cycle, from a confirmed swing low to its highest swing high before the next lower low. Each completed bounce is drawn as a labeled box, making it immediately obvious when the current bounce is behaving differently from historical ones.
Most bounce-analysis tools focus on price magnitude (how far a rally retraced). This indicator focuses on time, a dimension that is equally important but rarely visualized directly. An unusually long bounce duration is often a meaningful signal that market structure is changing.
How It Works
Swing highs and lows are identified using confirmed pivots. A bounce is measured from a post-ATH swing low to the highest swing high before the next lower low. The cycle resets on a new all-time high, ensuring only post-peak corrective bounces are measured. A live box tracks the current in-progress bounce in real time for direct comparison against history.
Two safeguards prevent false signals:
- Bounces that reach a new ATH are excluded automatically
- Only swing lows occurring on or after the ATH reset bar are accepted as valid starting points
Inputs
- Minimum Bounce Duration (bars) - Filters out bounces shorter than this threshold
- Pivot Length (bars L/R) - Controls swing detection sensitivity. Higher values find fewer, more significant pivots
- Use Close Instead of Wick - Switches pivot detection to closing prices, useful for filtering wick noise on volatile instruments
- Show Current Bounce - Toggles the live unconfirmed bounce box
- Colors, text size, and label alignment are fully customizable
How to Use It
Compare the duration of the current bounce to all prior bounces in the same corrective cycle. Bear market bounces are typically short and uniform. When a bounce persists significantly longer than any previous one, it suggests accumulation may be underway rather than a simple relief rally.
Example: On Bitcoin's daily chart, the current bounce from the 2026 lows, measured on closing prices, is already longer in duration than every prior bounce in the post-ATH correction of prior cycles. This temporal outlier supports the case for a durable bottom forming rather than just another bear market bounce.
The indicator works on any timeframe and any instrument with clear corrective cycles. Adjust Pivot Length to match your timeframe, lower values for intraday and higher for weekly or monthly analysis.
Notes
- The current bounce box repaints as it updates each bar. Confirmed historical boxes do not repaint.
- No boxes are shown during a sustained uptrend. The indicator is designed for post-peak corrective analysis only.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Technical analysis should be made as simple as possible, but no simpler. --Albert Einstein
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Technical analysis should be made as simple as possible, but no simpler. --Albert Einstein
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.