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Denial [MMT]
Denial [MMT] is a reversal signal indicator designed to help traders identify Morning Star and Evening Star patterns when price attempts to continue in one direction, fails, and turns back the other way.
How to use this indicator
Use Denial [MMT] to scan for potential reversal points after an impulsive move. The indicator looks for a 3-candle structure: a strong first candle, a small-bodied star candle, and a confirmation candle that closes back into the first candle’s range, signaling a possible shift in direction.
For higher-quality setups, keep the structural sweep filter enabled. This helps isolate patterns where the star candle first pushes beyond the prior candle’s extreme before rejecting, which often produces cleaner reversals and removes weaker inside-range formations.
If you want fewer but cleaner signals, keep the stricter filters on and require the pattern to form at equal highs or equal lows. If you want broader signal coverage, enable the option to signal all valid star patterns and disable the session filter to allow setups across all trading hours.
The optional stop loss display can be used as a simple invalidation reference. When enabled, it plots the stop level at the high of a sell signal bar or the low of a buy signal bar, making it easier to frame risk directly from the setup.
This indicator works best as a confirmation tool, not as a standalone reason to enter a trade. It is most useful when combined with key levels, market structure, session context, liquidity sweeps, or your existing framework.
How to use this indicator
Use Denial [MMT] to scan for potential reversal points after an impulsive move. The indicator looks for a 3-candle structure: a strong first candle, a small-bodied star candle, and a confirmation candle that closes back into the first candle’s range, signaling a possible shift in direction.
For higher-quality setups, keep the structural sweep filter enabled. This helps isolate patterns where the star candle first pushes beyond the prior candle’s extreme before rejecting, which often produces cleaner reversals and removes weaker inside-range formations.
If you want fewer but cleaner signals, keep the stricter filters on and require the pattern to form at equal highs or equal lows. If you want broader signal coverage, enable the option to signal all valid star patterns and disable the session filter to allow setups across all trading hours.
The optional stop loss display can be used as a simple invalidation reference. When enabled, it plots the stop level at the high of a sell signal bar or the low of a buy signal bar, making it easier to frame risk directly from the setup.
This indicator works best as a confirmation tool, not as a standalone reason to enter a trade. It is most useful when combined with key levels, market structure, session context, liquidity sweeps, or your existing framework.
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。