OPEN-SOURCE SCRIPT

Oliver Kell - Master System

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When tracking thematic sector performance and hunting for the next big cycle, keeping your charts clean is critical. Price action translates the language of stocks into clear market principles, and the goal is to read it without unnecessary clutter. Influenced by the approach of Oliver Kell, this indicator is built to visualize the core structural elements of the Cycle of Price Action.

This script handles the main price chart and adapts automatically based on the timeframe you are viewing to help identify bases, flat bases, and structural breakouts.

Key Features

Macro Trend Tracking (Daily / Weekly / Monthly): Plots the core group of moving averages (5, 10, 20 EMA, and 20, 50, 200 SMA) to help gauge the health of a trend and identify phases like Reversal Extensions, Wedge Pops, and Wedge Drops.

Intraday Execution (65m / 30m / 5m): Automatically pulls in the true daily moving averages via background requests, alongside the local timeframe's 20 EMA, VWAP, and standard daily Pivot Points (P, R1, S1, R2, S2) for tactical precision.

Aesthetic Toggle: Features a built-in theme toggle to match the light layout of Victory in Stock Trading or the dark layout of The Swing Report.

Whether you are positioning for a long-term swing or looking for an intraday Technical Buy Area, this tool provides the structural framework. Remember, only price pays. Let the price action dictate your decisions.

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