OPEN-SOURCE SCRIPT

PRICE ACTION TRAKKER

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This indicator isolates the core price-phase engine from the full Price Action Tracker (PAT) system.
It identifies and visualises structural phases of price, including:
  • Upper phase boundary (dynamic resistance)
  • Lower phase boundary (dynamic support)
  • Phase average (mean-reversion anchor)
  • Pivot markers (LPH, LPL, oLPH, oLPL)


The phase engine dynamically adapts to evolving market structure using pivot behaviour and structural breaks. This creates a real-time visual map of how price is organising itself — independent of time-based indicators and without the lag associated with classical moving averages.

This version focuses exclusively on price action structure, making it clean, fast, and ideal as a core tool on its own.
However, it is also designed as a foundation for more advanced analysis and will expand over time as additional modules are released.

This phase engine works exceptionally well in combination with my other indicators, such as moving-average structure tools, volume-weighted frameworks, and trend-strength models. Together, they provide a layered view of market behaviour:
phase structure → trend bias → volume confirmation → entry logic.

This makes the indicator valuable for:
  • Intra-day and swing traders
  • Wyckoff and liquidity-based traders
  • Mean-reversion and range-trading strategies
  • Understanding where accumulation/distribution behaviour is forming
  • Identifying when a phase is likely ending or breaking


Future updates will add modular expansion paths (trend scoring, VWAP phase weighting, multi-phase confluence, and signal logic), while maintaining the simplicity and reliability of this core engine.

Works Best With:
This indicator is part of a broader toolkit designed to analyse structure, trend, and behaviour.
When used alongside my other published tools — such as trend-strength MAs, VWMA frameworks, and higher-timeframe bias indicators — it provides a complete, multi-layered view of market conditions.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.