OPEN-SOURCE SCRIPT

Indicator ***TuYa*** V8.2 – HH/HL MTF + Peak Mid Zone

67
Indicator TuYa V8.0 – HH/HL MTF + Peak Mid Zone

TuYa V8.0 combines multi-timeframe market structure with a Peak Reaction midline to create clean, rule-based reversal and trend entries – designed primarily for 1-minute execution with 1-hour bias.

🧠 Core Concept

This indicator fuses three ideas:

HTF Peak Reaction Midline (1H)

Uses a Peak Reaction style logic on the higher timeframe (HTF, default: 1H).

Identifies a reaction high and reaction low, then calculates their midpoint → the Peak Mid Zone.

This midline acts as a dynamic sentiment divider (above = premium / below = discount).

Multi-Timeframe HH/HL/LH/LL Structure

HTF structure (1H): detects HH, HL, LH, LL using pivot highs/lows.

LTF structure (1m): detects HH, HL, LH, LL on the execution timeframe (chart TF, intended for 1m).

HTF → LTF Confirmation Window

After a 1H structure event (HH, HL, LL, LH), the indicator opens a confirmation window of up to N LTF candles (default: 10 x 1m bars).

Within that window, the required 1m structure event must occur to confirm an entry.

🎯 Signal Logic

All entries are generated on the LTF (e.g. 1m chart), using HTF (e.g. 1H) bias + Peak Mid Zone:

1️⃣ Price ABOVE Peak Mid (Bullish premium zone)

Reversal SELL

HTF: HH (Higher High)

Within N 1m bars: LTF HH

→ SELL signal (fading HTF strength near premium)

Trend/Bullish BUY

HTF: HL (Higher Low)

Within N 1m bars: LTF LL

→ BUY signal (buying dips in an uptrend above midline)

2️⃣ Price BELOW Peak Mid (Bearish discount zone)

Reversal BUY

HTF: LL (Lower Low)

Within N 1m bars: LTF LL

→ BUY signal (catching potential reversal from discount)

Trend/Bearish SELL

HTF: LH (Lower High)

Within N 1m bars: LTF HH

→ SELL signal (shorting strength in a downtrend below midline)

Signals are plotted as small BUY/SELL triangles on the chart and exposed via alert conditions.

🧾 Filters & Options
⏳ HTF → LTF Delay Window

Input: “Max 1m bars after HTF trigger” (default: 10)

After a 1H HH/HL/LL/LH event, the indicator waits up to N LTF candles for the matching 1m structure pattern.

If no match occurs within the window, no signal is generated.

📉 RSI No-Trade Zone (HTF)

Toggle: Use RSI no-trade zone

Inputs:

RSI Length (HTF)

No-trade lower bound (default 45)

No-trade upper bound (default 65)

If HTF RSI is inside the defined band (e.g. 45–65), signals are blocked (no-trade regime), helping to avoid noisy mid-range conditions.

You can turn this filter ON/OFF and adjust the band dynamically.

🧱 5m OB / Direction Filter (Optional)

Toggle: Use 5m OB direction filter

Timeframe: Configurable (default: 5m).

Uses a simple directional proxy on the OB timeframe:

For BUY signals → require a bullish candle on OB timeframe.

For SELL signals → require a bearish candle on OB timeframe.

When enabled, this adds an extra layer of confluence by aligning entries with the short-term directional context.

⚙️ Key Inputs (Summary)

Timeframes

HTF (Peak Reaction & Structure): default 60 (1H)

Peak Reaction

Lookback bars (HTF)

ATR multiplier for zones

Show/Hide Peak Mid line

Structure

Pivot left/right bars (for HH/HL/LH/LL swings)

Toggle structure labels (HTF & LTF)

Confirmation

Max LTF bars after HTF trigger (default 10, fully configurable)

RSI Filter

Use filter (on/off)

RSI length

No-trade range (low/high)

5m OB Filter

Use filter (on/off)

OB timeframe (default 5m)

📡 Alerts & Automation

The script includes alertconditions for both BUY and SELL signals, with JSON-formatted alert messages suitable for routing to external bridges (e.g. bots, MT5/MT4, n8n, etc.).

Each alert includes:

Symbol

Side (BUY / SELL)

Price / Entry

SL & TP placeholders (from hidden plots, ready to be wired to your own logic)

Time

Performance tag

CommentCode (for strategy/type tagging on the receiver side)

You can attach these alerts to a webhook and let your execution engine handle SL/TP and order management.

📌 How to Use

Attach the indicator to a 1-minute chart.

Set HTF timeframe to 60 (or your preferred higher timeframe).

Optionally enable:

RSI regime filter

5m OB direction filter

Watch for:

Price relative to the Peak Mid line

BUY/SELL triangles that respect HTF structure + LTF confirmation + filters.

For automation, create alerts using the built-in conditions and your preferred JSON alert template.

⚠️ Disclaimer

This tool is for educational and informational purposes only.
It is not financial advice and does not guarantee profits. Always test thoroughly in replay / paper trading before using with live funds, and trade at your own risk.

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.