Price Action - Bar CountDrawing from Al Brooks' emphasis on session rhythms in his books, this counts bars from market opens, resetting at US (0930-1600 ET), HK (0930-1200,1300-1600 HKT), or London (0800-1630 GMT) if selected. Labels every N bars (default 2) below, with custom colors per session and after-hours gray. Up to 79 in regular color, then faded. Helps track opening range tests and two-legged moves—focus on first hour dynamics for high-probability trades.
Candlestick analysis
Price Action - H/L BarBased on Al Brooks' "Bar by Bar" (Chapter 09A, p.45-50) and "Trends" (p.98-105), this marks H (higher high with close above mid) and L (lower low with close below mid) swings. Marking pauses after each, resuming on pullback. Labels "H" above and "L" below bars for swing counting in trends or ranges. Key: Markets form two legs—use for measured moves or failed breakouts, always in context of prior extremes.
Price Action - Trend BarFrom Al Brooks' "Trading Price Action Trends," this indicator colors strong trend bars. Bull trend bars (green body ≥50%, close ≥60% up range, larger than 1.5x average) highlight buyer control, while bear trend bars (red body ≥50%, close ≤40% down range) show seller dominance. Use to identify trend resumption or climaxes. Philosophy: Trends persist until tested—focus on high-probability entries after pullbacks, avoiding barbwire noise.
Price Action - Reversal BarInspired by Al Brooks' "Trading Price Action Reversals," this indicator detects potential bull and bear reversal bars. Bull reversals require a green bar with close above mid-range, small upper tail (≤30%), large lower tail (≥30%), and low below previous low without significant overlap. Bear reversals are the opposite. Triangles mark these setups for early reversal signals in trends or climaxes. Remember, markets test extremes—use with trend lines for confirmation, as single bars are often traps without a second leg.
Price Action - Inside/Outside BarsThis indicator highlights Inside and Outside bars based on Al Brooks' price action philosophy from "Reading Price Charts Bar by Bar." Inside bars (high ≤ previous high and low ≥ previous low) represent contraction and potential breakouts, often leading to two-legged moves. Outside bars (high > previous high and low < previous low with min body 50%) signal volatility and possible reversals or trends. Customizable highlights, lines, and labels help identify high-probability setups in trends or ranges. Always focus on context—buy low, sell high, and wait for confirmation.
EMA Trend Pro v1Here is a clear, professional English description you can copy-paste directly (suitable for sharing with friends, investors, brokers, or posting on TradingView):
EMA Trend Pro v5.0 – Strategy Overview
This is a trend-following strategy designed for 15-minute charts on assets like XAUUSD, NASDAQ, BTC, and ETH.
Entry Rules
Buy when the 7, 14, and 21-period EMAs are aligned upward and the 14-period EMA crosses above the 144-period EMA (with ADX > 20 and volume confirmation).
Sell short when the EMAs are aligned downward and the 14-period EMA crosses below the 144-period EMA.
Risk Management
Initial stop-loss is placed at 1.8 × ATR below (long) or above (short) the entry price.
Position size is calculated to risk a fixed percentage of equity per trade.
Profit-Taking & Trade Management
When price reaches 1:1 reward-to-risk, 30% of the position is closed.
At the same moment, the stop-loss for the remaining 70% is moved to the entry price (breakeven).
The remaining position is split:
50% targets 1:2 reward-to-risk
50% targets 1:3 reward-to-risk (allowing big wins during strong trends)
Visualization
Clean colored bars extend to the right showing entry, stop-loss, and three take-profit levels.
Price labels clearly display "Entry", "SL", "TP1 1:1", "TP2 1:2", and "TP3 1:3".
Only the current trade is displayed for a clean chart.
Key Advantages
High win rate due to breakeven protection after 1R
Excellent reward-to-risk ratio that lets winners run
Fully automated, works on any market with clear trends
Professional look, easy to understand and explain
Perfect for swing traders who want consistent profits with limited downside risk.
Feel free to use this description on TradingView, in your trading journal, or when explaining the strategy to others!
If you want a shorter version (e.g., for TradingView description box) or a Chinese version, just let me know — I’ll give it to you right away! 😊
Ata✨ScalpingТолько для часовика! Скальп на движении.
Ata✨Scalping is a multi-functional scalping indicator for TradingView.
It features customizable moving averages (SMA, EMA, WMA, HMA), a visual volume profile, and automatic support/resistance level detection with strength ratings.
The script is designed for active traders and scalpers, providing clear visual cues for trend, volume, and key price levels, as well as optional breakout alerts.
Super Engulfing XThis indicator lets you see what you cant see that easily. Give perfect entries if combined with other indicators like RSI and Maket Structure and OB and Sessions.
MAYUR XAUUSD 1 MIN SUPPORT RESISTANCEFOR BETTER TRADING – USE 1 MIN & 5 MIN CHARTS
Intraday traders should always focus on short–term charts to catch quick market moves.
Here’s why 👇
🔹 1-Minute Chart
• Best for scalping and fast entries
• Helps track real-time price action
• Useful for capturing momentum and breakout trades
• Identify immediate support and resistance
🔹 5-Minute Chart
• Gives more apparent trend confirmation
• Helps avoid false breakouts from the 1-minute chart
• Perfect for trade execution with reduced noise
• Better for holding trades for 10–30 minutes
✨ Pro Tip
• Use a 1-minute chart for entry signals
• Use 5-minute chart to confirm direction & trend
• Mark important levels from 15-min / 1-hour chart for accuracy
• Follow volume and candle patterns before executing
📌 If both timeframes show the same direction → High-probability trade
📌 If mismatch → Wait for alignment (No emotion, only discipline!)
Open Close Trend ChangeOpen Close Trend Change
This indicator identifies potential trend reversal points based on the Close-Open Gap methodology. It detects specific two-candle patterns followed by a confirmation candle that breaks a key gap level, signaling a potential trend change. The indicator also provides visual confirmation signals when follow-through occurs.
What is a Trend Change?
A Trend Change occurs when:
Two consecutive candles of the same color form a specific pattern
No additional pattern repetition occurs afterward
A candle in the opposite direction closes beyond the gap level
Optional: The next candle confirms the move with a wick touching the level
This creates a Close-Open Gap between the two setup candles that acts as a critical decision level.
Pattern Rules
Long Trend Change (Bullish Reversal)
Setup Requirements:
Two consecutive down-close candles (close < open)
Second candle must make a lower low AND lower high than the first candle
No additional qualifying two-candle sequence follows immediately
Gap Level: Close price of the first candle
Confirmation: An up-close candle (close > open) closes above the gap level
Follow-Through Confirmation (Green Triangle):
The candle immediately after the gap break closes above the gap level
The wick (low) of this candle touches or goes below the gap level (testing support)
Short Trend Change (Bearish Reversal)
Setup Requirements:
Two consecutive up-close candles (close > open)
Second candle must make a higher high AND higher low than the first candle
No additional qualifying two-candle sequence follows immediately
Gap Level: Close price of the first candle
Confirmation: A down-close candle (close < open) closes below the gap level
Follow-Through Confirmation (Red Triangle):
The candle immediately after the gap break closes below the gap level
The wick (high) of this candle touches or goes above the gap level (testing resistance)
Key Features
Multi-Timeframe Support: Calculate trend changes on any timeframe while viewing on your preferred chart timeframe
Customizable Lookback: Adjust how far back the indicator searches for patterns
Visual Clarity: Distinct colors for bullish (green) and bearish (red) trend changes
Confirmation Triangles: Visual indicators when follow-through occurs with proper level retest
Selective Display: Toggle long or short signals on/off independently
Extended Lines: Optional line extension to track levels into the future
Smart Pattern Recognition: Automatically filters out superseded patterns when multiple setups occur in sequence
Parameters
SETTINGS
Bars Lookback (default: 50): Number of bars to analyze for trend change patterns
Timeframe (default: Daily): Timeframe used for pattern detection
VISUAL SETTINGS
Show Long Trend Changes: Display bullish reversal signals
Show Short Trend Changes: Display bearish reversal signals
Long TC Color: Color for long trend change lines (default: green)
Short TC Color: Color for short trend change lines (default: red)
Line Width: Thickness of trend change lines
Extend Lines Right: Extend lines to the right edge of the chart
Show Confirmation Triangles: Display triangles when follow-through confirmation occurs
Understanding Confirmation Triangles
The confirmation triangles are a powerful feature that identifies high-probability setups:
Why They Matter:
When the candle after a gap break closes in the same direction AND retests the level with its wick, it demonstrates:
Commitment: Market participants are willing to continue in the new direction
Support/Resistance: The gap level is now acting as support (long) or resistance (short)
Validation: The level has been successfully flipped
Visual Indicators:
Green Triangle (pointing up): Appears below bullish follow-through candles
Red Triangle (pointing down): Appears above bearish follow-through candles
Triangles only appear when both close and wick conditions are met
Trading Application
The Close-Open Gap acts as a decision level where price previously showed commitment to a direction. When this gap is broken by a candle closing on the opposite side, it suggests:
Previous directional momentum has weakened
Market participants are willing to push through the gap
A potential shift in short-term trend direction
When confirmed with a triangle: Higher probability of continuation
Example Use Cases
Long Trend Change:
Wait for two down-close candles forming lower lows (red line appears)
Enter long when up-close candle breaks above the gap
Stronger signal: Green triangle appears when next candle retests and closes above
Use gap level as initial stop-loss reference
Consider tighter stops when confirmation triangle is present
Short Trend Change:
Wait for two up-close candles forming higher highs (red line appears)
Enter short when down-close candle breaks below the gap
Stronger signal: Red triangle appears when next candle retests and closes below
Use gap level as initial stop-loss reference
Consider tighter stops when confirmation triangle is present
Pattern Recognition Logic
Rolling Window Approach:
When three or more consecutive same-colored candles occur, the indicator uses only the last two qualifying candles as the setup. This ensures:
Only the most recent pattern is considered
Earlier setups in a continuous sequence are automatically superseded
Reduced chart clutter from redundant signals
Example: If you see 4 consecutive down-close candles where each makes lower lows and lower highs, only the gap between the last two will be marked.
Important Notes
Lines without triangles indicate basic trend change setups
Lines with triangles indicate confirmed setups with follow-through
Confirmation triangles appear only when specific wick and close conditions are met
Not all gap breaks will generate confirmation triangles
Trend changes indicate potential reversals but are not guaranteed
Always combine with other technical analysis tools and proper risk management
Consider overall market context and trend direction
Works best when aligned with higher timeframe trend structure
How It Works
The indicator continuously monitors the selected timeframe for valid two-candle patterns. The process:
Scans for two consecutive same-colored candles meeting specific criteria
Filters out patterns that are immediately followed by another qualifying setup
Draws a horizontal line at the gap level (close of first candle)
Monitors for a candle closing beyond the gap in the opposite direction
Checks the following candle for confirmation (close + wick retest)
Displays a triangle when full confirmation occurs
Best Practices
Use confirmation triangles as higher-confidence entry signals
Combine with volume analysis for additional confirmation
Consider multiple timeframes: gaps on higher timeframes often more significant
Watch for confluence with other support/resistance levels
Gaps that align with round numbers or key levels tend to be more reliable
Monitor how price behaves after the confirmation triangle appears
Disclaimer
This indicator is a pattern recognition tool for educational purposes. It does not predict future price movements and should be used as part of a comprehensive trading strategy with proper risk management. Past performance does not guarantee future results. Confirmation signals improve probability but do not eliminate risk.
ICT FVG & Swing Detector Basic by Trader Riaz//@version=6
indicator("ICT FVG & Swing Detector Basic by Trader Riaz", overlay=true)
// Display toggles for Bullish FVGs
show_bull_fvg = input.bool(true, "Show Bullish FVGs?")
// Input settings for Bullish FVGs
fvg_bull_count = input.int(1, "Number of Bullish FVGs to show", minval=1)
// Color settings for Bullish FVGs
bullish_fvg_color = input.color(color.green, "Bullish FVG Color")
// Bullish FVG Extend Options
bull_fvg_extendGroup = "Bullish FVG Extend Options"
bull_fvg_extendOption = input.string("Default", "Bullish FVG Extend Option", options= , group=bull_fvg_extendGroup)
bull_fvg_extendCandles = input.int(8, "Bullish FVG Extend Candles (Limited Only)", minval=1, maxval=100, step=1, group=bull_fvg_extendGroup)
// Display toggles for Bearish FVGs
show_bear_fvg = input.bool(true, "Show Bearish FVGs?")
// Input settings for Bearish FVGs
fvg_bear_count = input.int(1, "Number of Bearish FVGs to show", minval=1)
// Color settings for Bearish FVGs
bearish_fvg_color = input.color(color.red, "Bearish FVG Color")
// Bearish FVG Extend Options
bear_fvg_extendGroup = "Bearish FVG Extend Options"
bear_fvg_extendOption = input.string("Default", "Bearish FVG Extend Option", options= , group=bear_fvg_extendGroup)
bear_fvg_extendCandles = input.int(8, "Bearish FVG Extend Candles (Limited Only)", minval=1, maxval=100, step=1, group=bear_fvg_extendGroup)
// Display toggles for Swing Highs
show_swing_high = input.bool(true, "Show Swing Highs?")
// Input settings for Swing Highs
swing_high_count = input.int(2, "Number of Swing Highs to show", minval=1)
// Color settings for Swing Highs
swing_high_color = input.color(color.green, "Swing High Line & Label Color")
// Swing High Extend Options
swing_high_extendGroup = "Swing High Extend Options"
swing_high_extendOption = input.string("Default", "Swing High Extend Option", options= , group=swing_high_extendGroup)
swing_high_extendCandles = input.int(8, "Swing High Extend Candles (Limited Only)", minval=1, maxval=100, step=1, group=swing_high_extendGroup)
// Display toggles for Swing Lows
show_swing_low = input.bool(true, "Show Swing Lows?")
// Input settings for Swing Lows
swing_low_count = input.int(2, "Number of Swing Lows to show", minval=1)
// Color settings for Swing Lows
swing_low_color = input.color(color.red, "Swing Low Line & Label Color")
// Swing Low Extend Options
swing_low_extendGroup = "Swing Low Extend Options"
swing_low_extendOption = input.string("Default", "Swing Low Extend Option", options= , group=swing_low_extendGroup)
swing_low_extendCandles = input.int(8, "Swing Low Extend Candles (Limited Only)", minval=1, maxval=100, step=1, group=swing_low_extendGroup)
// Target Settings
showNextTarget = input.bool(true, "Show Next Target")
nextTargetHighColor = input.color(color.red, "Next Target High Color")
nextTargetLowColor = input.color(color.red, "Next Target Low Color")
// === Time Calculation ===
// Calculate one bar duration in milliseconds
barDuration = time - time
// Define reasonable extension period (4 bars into future)
extensionPeriod = barDuration * 4
// Arrays to store values with timestamps
var bull_fvg_data = array.new(0)
var bear_fvg_data = array.new(0)
var swing_high_data = array.new(0)
var swing_low_data = array.new(0)
var bull_fvg_labels = array.new(0)
var bear_fvg_labels = array.new(0)
var swing_high_labels = array.new(0)
var swing_low_labels = array.new(0)
var bull_fvg_midlines = array.new(0)
var bear_fvg_midlines = array.new(0)
var bull_fvg_tops = array.new(0)
var bull_fvg_bottoms = array.new(0)
var bear_fvg_tops = array.new(0)
var bear_fvg_bottoms = array.new(0)
// Get the last bar index
last_bar = last_bar_index + 3
// Function to determine right boundary based on extend option
get_right_boundary(option, extend_candles, default_right) =>
if option == "None"
bar_index - 2
else if option == "Limited"
bar_index - 2 + extend_candles
else
default_right
// Bullish FVG Detection
if high < low and show_bull_fvg
right_bar = get_right_boundary(bull_fvg_extendOption, bull_fvg_extendCandles, last_bar)
new_box = box.new(left=bar_index-2,
top=low,
right=right_bar,
bottom=high ,
bgcolor=color.new(bullish_fvg_color, 90),
border_color=bullish_fvg_color)
bull_mid = (low + high ) / 2
new_midline = line.new(bar_index-2, bull_mid, right_bar, bull_mid,
color=color.new(bullish_fvg_color, 50),
style=line.style_dashed)
new_label = label.new(right_bar-1, bull_mid, "Bullish FVG",
color=color.new(bullish_fvg_color, 100),
textcolor=bullish_fvg_color,
style=label.style_none,
textalign=text.align_right,
size=size.small)
array.unshift(bull_fvg_data, new_box)
array.unshift(bull_fvg_midlines, new_midline)
array.unshift(bull_fvg_labels, new_label)
array.unshift(bull_fvg_tops, low)
array.unshift(bull_fvg_bottoms, high )
if array.size(bull_fvg_data) > fvg_bull_count
box.delete(array.pop(bull_fvg_data))
line.delete(array.pop(bull_fvg_midlines))
label.delete(array.pop(bull_fvg_labels))
array.pop(bull_fvg_tops)
array.pop(bull_fvg_bottoms)
// Bearish FVG Detection
if low > high and show_bear_fvg
right_bar = get_right_boundary(bear_fvg_extendOption, bear_fvg_extendCandles, last_bar)
new_box = box.new(left=bar_index-2,
top=low ,
right=right_bar,
bottom=high,
bgcolor=color.new(bearish_fvg_color, 90),
border_color=bearish_fvg_color)
bear_mid = (low + high) / 2
new_midline = line.new(bar_index-2, bear_mid, right_bar, bear_mid,
color=color.new(bearish_fvg_color, 50),
style=line.style_dashed)
new_label = label.new(right_bar-1, bear_mid, "Bearish FVG",
color=color.new(bearish_fvg_color, 100),
textcolor=bearish_fvg_color,
style=label.style_none,
textalign=text.align_right,
size=size.small)
array.unshift(bear_fvg_data, new_box)
array.unshift(bear_fvg_midlines, new_midline)
array.unshift(bear_fvg_labels, new_label)
array.unshift(bear_fvg_tops, low )
array.unshift(bear_fvg_bottoms, high)
if array.size(bear_fvg_data) > fvg_bear_count
box.delete(array.pop(bear_fvg_data))
line.delete(array.pop(bear_fvg_midlines))
label.delete(array.pop(bear_fvg_labels))
array.pop(bear_fvg_tops)
array.pop(bear_fvg_bottoms)
// Swing High Detection
is_swing_high = high < high and high > high
if is_swing_high and show_swing_high
right_bar = get_right_boundary(swing_high_extendOption, swing_high_extendCandles, last_bar + 3)
new_line = line.new(bar_index - 1, high , right_bar, high ,
color=swing_high_color)
new_label = label.new(right_bar, high , "Swing High",
color=color.new(color.white, 30),
style=label.style_label_left,
textcolor=swing_high_color,
size=size.tiny)
array.unshift(swing_high_data, new_line)
array.unshift(swing_high_labels, new_label)
if array.size(swing_high_data) > swing_high_count
line.delete(array.pop(swing_high_data))
label.delete(array.pop(swing_high_labels))
// Swing Low Detection
is_swing_low = low > low and low < low
if is_swing_low and show_swing_low
right_bar = get_right_boundary(swing_low_extendOption, swing_low_extendCandles, last_bar + 3)
new_line = line.new(bar_index -1, low , right_bar, low ,
color=swing_low_color)
new_label = label.new(right_bar, low , "Swing Low",
color=color.new(color.white, 30),
style=label.style_label_left,
textcolor=swing_low_color,
size=size.tiny)
array.unshift(swing_low_data, new_line)
array.unshift(swing_low_labels, new_label)
if array.size(swing_low_data) > swing_low_count
line.delete(array.pop(swing_low_data))
label.delete(array.pop(swing_low_labels))
// Clean up if toggles are turned off
if not show_bull_fvg and array.size(bull_fvg_data) > 0
for i = 0 to array.size(bull_fvg_data) - 1
box.delete(array.get(bull_fvg_data, i))
line.delete(array.get(bull_fvg_midlines, i))
label.delete(array.get(bull_fvg_labels, i))
array.clear(bull_fvg_data)
array.clear(bull_fvg_midlines)
array.clear(bull_fvg_labels)
array.clear(bull_fvg_tops)
array.clear(bull_fvg_bottoms)
if not show_bear_fvg and array.size(bear_fvg_data) > 0
for i = 0 to array.size(bear_fvg_data) - 1
box.delete(array.get(bear_fvg_data, i))
line.delete(array.get(bear_fvg_midlines, i))
label.delete(array.get(bear_fvg_labels, i))
array.clear(bear_fvg_data)
array.clear(bear_fvg_midlines)
array.clear(bear_fvg_labels)
array.clear(bear_fvg_tops)
array.clear(bear_fvg_bottoms)
// === Swing High/Low Detection ===
var float swingHighs = array.new()
var int swingHighTimes = array.new()
var float swingLows = array.new()
var int swingLowTimes = array.new()
var line swingHighLines = array.new()
var label swingHighLabels = array.new()
var line swingLowLines = array.new()
var label swingLowLabels = array.new()
isSwingHigh = high > high and high > high
isSwingLow = low < low and low < low
if isSwingHigh
array.unshift(swingHighs, high )
array.unshift(swingHighTimes, time )
if isSwingLow
array.unshift(swingLows, low )
array.unshift(swingLowTimes, time )
// === Next Target Detection ===
var line currentTargetLine = na
var label currentTargetLabel = na
if showNextTarget
if not na(currentTargetLine)
line.delete(currentTargetLine)
if not na(currentTargetLabel)
label.delete(currentTargetLabel)
priceRising = close > open
priceFalling = close < open
// Use slightly longer extension for targets
targetExtension = barDuration * 8
if priceRising and array.size(swingHighs) > 0
for i = 0 to array.size(swingHighs) - 1
target = array.get(swingHighs, i)
targetTime = array.get(swingHighTimes, i)
if target > close
currentTargetLine := line.new(
x1=targetTime, y1=target,
x2=time + targetExtension, y2=target,
color=nextTargetHighColor, width=2,
style=line.style_dashed,
xloc=xloc.bar_time)
currentTargetLabel := label.new(
x=time + targetExtension, y=target,
text="Potential Target", size=size.tiny,
style=label.style_label_left,
color=nextTargetHighColor,
textcolor=color.white,
xloc=xloc.bar_time)
break
else if priceFalling and array.size(swingLows) > 0
for i = 0 to array.size(swingLows) - 1
target = array.get(swingLows, i)
targetTime = array.get(swingLowTimes, i)
if target < close
currentTargetLine := line.new(
x1=targetTime, y1=target,
x2=time + targetExtension, y2=target,
color=nextTargetLowColor, width=2,
style=line.style_dashed,
xloc=xloc.bar_time)
currentTargetLabel := label.new(
x=time + targetExtension, y=target,
text="Potential Target", size=size.tiny,
style=label.style_label_left,
color=nextTargetLowColor,
textcolor=color.white,
xloc=xloc.bar_time)
break
Delta Zones Smart Money Concept (SMC) UT Trend Reversal Mul.Sig.🚀 What's New in This Version (V5 Update)
This version is a major overhaul focused on improving trade entry timing and risk management through enhanced UT Bot functionality:
Integrated UT Trailing Stop (ATR-based): The primary trend filter and moving stop-loss mechanism is now fully integrated.
Pre-Warning Line: A revolutionary feature that alerts traders when the price penetrates a specific percentage distance (customizable) from the UT Trailing Stop before the main reversal signal fires.
"Ready" Signal: Plots a "Ready" warning label on the chart and triggers an alert condition (UT Ready Long/Short) for pre-emptive trade preparation.
V5 Compatibility: All code has been optimized for Pine Script version 5, utilizing the modern array and type structures for efficient Order Block and Breaker Block detection.
💡 How to Use This Indicator
This indicator works best when confirming signals across different components:
1. Identify the Trend Bias (UT Trailing Stop)
Uptrend: UT Trailing Stop line is Green (Focus only on Buy/Long opportunities).
Downtrend: UT Trailing Stop line is Red (Focus only on Sell/Short opportunities).
2. Prepare for Entry (Warning Line)
Action: When you see the "Ready" label or the price hits the Pre-Warning Line (Dotted Orange Line), this is your alert to prepare for a trend flip, or to tighten the stop on your current trade.
3. Confirm the Entry (Multi-Signals)
Look for a primary entry signal that aligns with the desired trend:
High-Conviction Entry: Wait for the UT Buy/Sell label (confirmed trend flip) AND a Combined Buy/Sell arrow (confirmed by your selected Oscillator settings).
High-Liquidity Entry: Look for a Delta Zone Box forming near an active Order Block or Breaker Block (SMC zones), and then confirm with a UT or Combined Signal.
4. Manage Risk (Trailing Stop)
Always set your initial Stop Loss (SL) either just outside the opposite Order Block or at the UT Trailing Stop level itself.
If the price closes back across the UT Trailing Stop, exit your position immediately, as the trend bias has officially shifted.
Features & Components
1. Delta Zones (Liquidity/Wick Pressure)
Identifies periods of extreme buying or selling pressure based on wick-to-body ratios and standard deviation analysis.
Plots colored pressure boxes (Buy/Sell) to highlight potential exhaustion points or institutional activity.
2. Smart Money Concepts (SMC)
Automatically detects and plots Order Blocks (OBs) and Breaker Blocks (BBs) based on confirmed Market Structure Breaks (MSBs).
Includes Chop Control logic to remove less reliable Breaker Blocks.
3. UT Bot Trailing Stop & Warning Line
UT Trailing Stop (ATR-based): Plots a dynamic trend line (Green/Red) that acts as a moving stop-loss and primary trend filter.
Ready/Warning Signals: Alerts traders (via the "Ready" label and orange lines) when the price enters a "Pre-Reversal Zone" near the Trailing Stop.
4. Multi-Indicator Confirmation (Filters)
Includes customizable signals based on the crossover/crossunder of RSI, CCI, and Stochastic indicators against configurable Overbought/Oversold levels.
Allows selection of combination signals (e.g., RSI & CCI, All Combined, etc.) for high-conviction entries.
Gann Levels (Auto) by RRR📌 Gann Levels (Auto) — Intraday, Swing & Elliott Wave Precision Tool
Gann Levels (Auto) is a high-accuracy price-reaction indicator designed for intraday scalpers, swing traders, and Elliott Wave traders who want clean, auto-updating support and resistance levels without manually drawing anything.
The indicator automatically detects the latest swing high & swing low and plots the 8 Gann Octave Levels between them. These levels act as a complete price map—showing equilibrium, structure, trend continuation zones, and reversal points with extreme precision.
🔥 Why This Indicator Stands Out
✔ Fully automatic swing detection
Levels update as structure evolves — no manual adjustments.
✔ All Gann Octave levels
Plots 1/8 through 8/8 including the critical 4/8 midpoint.
✔ Intraday-optimized
Exceptional on 1m, 3m, 5m, and 15m charts.
✔ Ultra-clean support & resistance
Levels act as reliable barriers and breakout zones.
⭐ MOST IMPORTANT LEVELS FOR INTRADAY
4/8 – Midpoint (Major Decision Pivot)
Strongest Gann level.
Controls trend or reversal for the session.
Breakout → Trend Day
Rejection → Reversal Day
8/8 & 0/8 – Extreme Structure Edges
Most likely zones for intraday reversals.
Perfect for scalp entries when combined with volume exhaustion.
🎯 How to Trade ELLIOTT WAVE Using Gann Levels
This indicator is exceptionally powerful when combined with Elliott Wave Theory.
Here is how to use it wave-by-wave:
🔵 Wave 2 → Identify Bottom Using 0/8 or 1/8 Levels
Wave 2 typically retraces deep but remains above key structure.
Gann confirmation:
Price stops at 0/8 or 1/8 zone
Rejection wick + low volume breakdown attempt
Bullish intent starts forming
This gives a perfect Wave 3 entry zone.
🔴 Wave 3 → Breakout Above 4/8 Midpoint
Wave 3 is the strongest impulsive wave.
The 4/8 level works like a force-field.
Wave 3 confirmation:
Price breaks and retests 4/8
Strong volume
No deep pullbacks after break
This is one of the most reliable Elliott + Gann trades.
🟡 Wave 4 → Uses 3/8 or 5/8 as Support/Resistance
Wave 4 is corrective and shallow compared to Wave 2.
Gann alignment:
Wave 4 often consolidates between 3/8 and 5/8
Levels act like range boundaries
Avoid trading inside chop; wait for breakout
This gives perfect continuation entries for Wave 5.
🟣 Wave 5 → Ends Near 7/8 or 8/8 Extreme Zone
Wave 5 usually ends in overbought territory.
Gann confirmation:
Price hits 7/8 or 8/8
Momentum weakens
Divergence builds (RSI/MACD optional)
Last push = exhaustion
This is where reversals or major pullbacks begin.
💥 BONUS: Corrective Waves (A-B-C)
Wave A:
Often rejects from 4/8 or 5/8.
Wave B:
Typically trapped between 3/8–5/8.
Wave C:
Usually ends around 0/8 (for bullish trend)
or 8/8 (for bearish trend).
These zones give ultra-high confidence entries.
⚙️ Who This Indicator Is Perfect For
Elliott Wave traders
Intraday scalpers
Swing traders
Price action & structure traders
Traders who want automatic support-resistance levels
Traders who want clean, non-cluttered levels
⚠️ Disclaimer
This indicator is for educational purposes only.
Trading involves risk. Always use proper risk management.
Reversal Candlestick Setups (Doji, Outside, Extreme, Wick)Reversal Candlestick Setups – Doji, Outside, Extreme & Wick
This indicator identifies four high-probability reversal candlestick patterns across all timeframes: Doji Reversals, Outside Reversals, Extreme Reversals, and Wick Reversals. Each setup is based on clearly defined quantitative rules, allowing traders to filter noise and focus on strong reversal signals instead of relying on subjective visual interpretation.
The tool automatically scans every candle, highlights qualifying patterns on the chart, and provides alert options for both bullish and bearish versions of all four setups. This makes it suitable for intraday traders, swing traders, and positional traders seeking early reversal confirmation.
Included Setups
1. Doji Reversal Setup
Identifies candles with extremely small bodies relative to their range, combined with a smaller-than-average bar size. Useful for spotting market indecision before a directional shift.
2. Outside Reversal Setup
Flags candles that engulf the previous candle’s high–low range and exceed the average range by a multiplier. This is designed to capture strong momentum reversals driven by aggressive buying or selling.
3. Extreme Reversal Setup
Highlights large-bodied candles that dominate their overall range and exceed twice the average bar size. These signals aim to catch climactic exhaustion and institutional-level reversals.
4. Wick Reversal Setup
Detects candles with long rejection wicks, small bodies, and closes near an extreme of the range, supported by above-average bar size. Ideal for identifying sharp intrabar rejections.
Key Features
• Automatically detects all four reversal setups
• Works on all timeframes and symbols
• Customizable variables for deeper testing and optimization
• Clear bullish and bearish labels directly on the chart
• Fully integrated alert conditions for real-time notifications
• Suitable for crypto, stocks, indices, forex, and commodities
Who This Indicator Is For
• Traders who want objective, rule-based reversal detection
• Price action traders looking to enhance accuracy
• Systematic traders wanting quantifiable candlestick criteria
• Beginners learning reversal structures with visual guidance
• Professionals integrating reversal patterns into algorithmic or discretionary systems
How to Use
Add the indicator to your chart and enable alerts for the specific setups you want to track (e.g., “Bullish Wick Reversal”). Combine these signals with market structure, trend filters, volume analysis, or momentum indicators for increased conviction.
MTF FVG, OB & Sessions1. Advanced Multi-Timeframe Fair Value Gaps (FVG)
This is the most complex part of the script. Unlike standard FVG indicators that just draw boxes, this module uses Arrays to manage the gaps dynamically.
Dynamic Mitigation: The script tracks every FVG stored in memory. If price trades through an FVG (mitigates it), the script automatically deletes the box.
Option (Wick vs. Close): You can choose to delete the FVG as soon as a wick touches the other side, or only if a candle closes through it.
Displacement Filter: It uses an ATR (Average True Range) multiplier to ensure that only significant, impulsive moves (displacement) generate an FVG, filtering out low-volatility noise.
Confluence (Overlap) Logic: The script checks for overlaps between the three different timeframes (e.g., a 4H FVG inside a Daily FVG).
Alignment Setting: You can set the script to highlight specific boxes only when timeframes align, indicating a stronger level of interest.
3 Monitorable Timeframes: Defaults to 4-Hour, 1-Hour, and 15-Minute, but fully customizable.
2. Multi-Timeframe Order Blocks (OB)
This module identifies potential Order Blocks based on Swing Highs and Swing Lows (Pivot points).
Pivot Detection: It looks for a specific pattern of highs/lows (defined by the "Swing Lookback" input) to identify key reversal points on higher timeframes.
MTF Overlay: It fetches these structures from the 3 defined timeframes and projects them onto your current chart.
Visuals: Draws extended boxes representing the open/close range of the order block candle.
3. Session Liquidity (Highs & Lows)
This module tracks the specific trading sessions to highlight intraday liquidity pools.
Sessions Tracked: Asia, London, and New York.
Behavior:
While the session is active, it tracks the highest and lowest price.
Once the session closes, it draws dashed lines extending forward from that session's High and Low.
Purpose: These levels act as key targets for liquidity sweeps (e.g., price sweeping the London Low before reversing).
Technical Summary
Data Handling: Uses request.security with barmerge.lookahead_on to fetch data from higher timeframes without repainting historical closed bars.
Efficiency: Uses specific types (type OB_Data) and Arrays to handle data efficiently, keeping the script fast despite processing multiple timeframes simultaneously.
Limits: Includes a built-in "Max FVG Storage" and "Delete After X Bars" feature to prevent the chart from becoming too cluttered with old data.
SuperEMA RSI Strategy [wjdtks255]Indicator Description and Trading Guide for “SuperEMA RSI Strategy ”
Indicator Name: SuperEMA RSI Strategy
Description
The SuperEMA RSI Strategy combines fast and slow Exponential Moving Averages (EMA) to identify key trend changes, enhanced with the Relative Strength Index (RSI) to filter momentum strength. It plots clear buy and sell signals based on EMA crossovers while highlighting trend zones with colored backgrounds for quick visual reference. This multi-timeframe compatible indicator is suitable for stocks, cryptocurrencies, and other markets.
How to Use the SuperEMA RSI Strategy
Buy Signal:
Enter a long position when the short-term EMA crosses above the long-term EMA, indicated by a green circle below the price bar. Confirm the trend with a green background and consider RSI values showing sufficient momentum (typically RSI above 50).
Sell Signal:
Enter a short position when the short-term EMA crosses below the long-term EMA, indicated by a red circle above the price bar. Confirm the bearish trend with a red background and verify momentum weakening (typically RSI below 50).
Trend Confirmation:
Use the background color-shaded zones to identify prevailing trend strength and avoid counter-trend trades.
RSI Application:
Optionally enable RSI display to avoid overbought/oversold entries by watching for levels above 70 (overbought) or below 30 (oversold).
Additional Tips
Adjust EMA and RSI parameters to suit different timeframes or asset volatility.
Combine this indicator with volume analysis and other technical tools for enhanced signal reliability.
Implement well-defined stop-loss and take-profit levels to manage risk effectively.
Gold Magic 1. Watch for the Icon
When you see the 💰 icon appear above or below the Bollinger Bands, it’s your first signal.
• An icon above the upper band means price has broken out to the upside.
• An icon below the lower band means price has broken out to the downside.
2. Wait for the Fair Value Gap
After the icon appears, the indicator will highlight the first Fair Value Gap (FVG) that forms.
• The FVG will show you exactly where a potential entry point is.
• It will also mark the suggested stop-loss level on the chart.
3. Prepare to Enter the Market
With the FVG and stop-loss levels in place, you have a clear idea of where to buy or sell and where to place your stop.
• This makes it easier to enter the market with confidence.
Guardian Entry Signal - FreeYou’ll instantly see big green triangles under the candles when all conditions line up. That’s your entry.
Set an alert and it will ping your phone the second one fires.
Fib+BOS/CHOCH+OB# ⭐ 1) **What This Indicator Does**
The indicator combines 4 major concepts:
### **1️⃣ Market Structure (Swing High/Low)**
* Detects major swing highs and lows using pivot logic
* Determines whether the market is **Bullish** or **Bearish**
### **2️⃣ BOS / CHOCH (Break of Structure / Change of Character)**
* **BOS:** continuation of trend
* **CHOCH:** early signal of trend reversal
* Only the **last 5** levels are displayed → keeps chart clean
### **3️⃣ Order Blocks (OB)**
* Detects last opposite candle before BOS/CHOCH
* Displays only **the latest 3 OB zones**
* Ideal for identifying high-probability pullbacks
Breakout Condition Indicator - Long - V2 - Mega 86Script used for swing trading - contains certain adjustable metrics that I use for scanning and day or entry
[NBK] Cover Buy Sell for BTC Cover Buy Sell for BTC— Engulfing Reversals with EMA/ATR Trend & Quality Filters
{Update for BTC}
What it does
This indicator flags high-quality bullish/bearish reversal candles only when they align with a short-term trend and pass several objective quality filters. It is not a simple mashup: each component serves a distinct role and they work together to keep early/low-quality signals out.
How it works (components & interaction)
Pattern engine (entry candidates)
Bullish side (Cover Buy):
Body Engulf: current green body fully covers the prior red body, or
Piercing (relaxed): prior red → current green closes above the prior body’s midpoint (not beyond prior open).
Bearish side (Cover Sell):
Full-candle Engulf: current red candle (body + wicks) covers the entire prior candle, or
Body Engulf: current red body fully covers the prior body, or
Dark-Cloud (relaxed): prior green → current red closes below the prior body’s midpoint.
Short-term trend gate (non-repainting)
Trend is defined by the EMA slope between bar-1 and bar-2, scaled by ATR to require minimum strength.
Slope < 0 → only bullish candidates pass. Slope > 0 → only bearish candidates pass.
Body-size filter (noise control)
Rejects tiny candles: each body is compared with the lookback average body size.
For bearish candidates an additional ratio check requires current body ≥ a fraction of the prior body (to avoid weak top-ticks).
Peak filters for bearish signals (late, cleaner tops)
Distance above EMA: the high must be at least X × ATR above EMA (avoids mid-range noise).
Near local high: the high of the current bar (or bar-1) must be close to the highest high in a recent window.
Break confirmation: close must break low by at least Y × ATR (filters shallow dark-clouds).
Only when a candidate satisfies the pattern ➝ trend ➝ size ➝ peak sequence is a signal printed/alerted.
Inputs (key parameters)
EMA length, Min EMA slope vs ATR, ATR length: trend strength.
Lookback for average body, Min body vs average, Bear body ratio: body-quality filters.
High distance above EMA (×ATR), Local high lookback, Tolerance to local high (×ATR), Min break of low (×ATR): bearish peak confirmation.
Alerts
Built-in alerts fire on bar close for both Cover Buy and Cover Sell.
How to use
Increase High distance above EMA / Local high lookback / Min break of low to reduce early Cover Sell in ranges.
If you miss good tops, ease those thresholds slightly.
Works across symbols/timeframes; evaluated on bar close; no repaint from the trend gate.
Notes
This tool is a signal screener, not financial advice. For best results, combine with your structure/SR zones, risk management, and execution rules.
13 thg 10
Phát hành các Ghi chú
Cover Buy Sell — Engulfing Reversals with EMA/ATR Trend & Quality/Peak Filters
What this script does
Flags high-quality bullish/bearish engulfing reversals only when short-term trend and price-action quality conditions are met. Signals evaluate on bar close. No promotions, no links, no external calls.
Why this is an original combination (mashup justification)
Raw engulfing patterns are noisy in ranges. This script is a pipeline where each module solves a specific failure mode, not a simple merge of indicators:
Pattern engine (candidates):
Bullish (Cover Buy): body-engulf of prior red body, or relaxed Piercing (close above prior body midpoint, not beyond prior open).
Bearish (Cover Sell): full-candle engulf (body+wicks), body-engulf, or relaxed Dark-Cloud (close below prior body midpoint).
Short-term trend gate (non-repainting):
EMA slope is measured between bar-1 and bar-2 and must exceed an ATR-scaled threshold (slopeAtrPct).
Slope < 0 → only bullish candidates pass.
Slope > 0 → only bearish candidates pass.
Body-size filter (noise control):
Bodies must not be tiny vs the average over lenBodyRef. For bearish candidates, an alternate check allows current body ≥ bearRatioMin × prior body to keep decisive tops.
Bearish peak filters (late, cleaner tops):
High must be far above EMA (≥ emaDistAtrMin × ATR), near the local high (current or prior bar within nearHighLen & nearHighTol × ATR), and the close must break prior low by ≥ breakAtrMin × ATR.
These remove premature Cover Sell flags in chop and keep the later, higher-quality reversal.
Only candidates that pass Pattern → Trend → Size → Peak become signals. This staged design is the core originality.
How to use (practical guidance)
To reduce early Cover Sell in ranges: raise emaDistAtrMin, raise nearHighLen, and/or raise breakAtrMin.
If you miss clean tops: slightly lower those thresholds.
Typical starting points: lenTrend=4–6, slopeAtrPct=0.03–0.06, atrLen=14; adjust to instrument/TF volatility.
Combine with structure/SR zones and your risk rules. This tool is for analysis only and is not investment advice.
Alerts
Two alert conditions are included: Cover Buy and Cover Sell, both evaluated on bar close.
Non-repainting note
The trend gate uses confirmed data (EMA slope from bar-1 vs bar-2). Pattern and filters also use confirmed values; no forward-looking references.
English translations of UI strings (if your on-chart UI uses another language)
“Strict engulf (không cho bằng nhau)” → Strict engulf (no equality)
“EMA length (trend ngắn hạn)” → EMA length (short-term trend)
“Lookback tính thân trung bình” → Lookback for average body size
“Ngưỡng thân tối thiểu vs trung bình” → Min body vs average (ratio)
“Bear: thân hiện tại ≥ rRatio * thân trước” → Bear: current body ≥ rRatio × prior body
“Bear: HIGH cách EMA tối thiểu (x ATR)” → Bear: HIGH distance above EMA (× ATR) min
“Bear: cửa sổ đỉnh cục bộ (bars)” → Bear: local high lookback (bars)
“Bear: dung sai tới đỉnh (x ATR)” → Bear: tolerance to local high (× ATR)
“Bear: mức phá LOW tối thiểu (x ATR)” → Bear: min break of LOW (× ATR)
Compliance notes
English-only title, English appears first in this description; no ads, logos, links, or solicitations.
This is an original, closed-source script with a meaningful explanation of what, how, why, and how to use.
(Vietnamese short summary)
Chỉ báo bắt tín hiệu engulfing chất lượng cao khi có xu hướng EMA ngắn hạn (đo bằng độ dốc/ATR) và vượt qua lọc kích thước thân + điều kiện đỉnh cho tín hiệu bán. Chuỗi xử lý Mẫu → Xu hướng → Kích thước → Đỉnh giúp loại tín hiệu sớm trong vùng đi ngang. Có alert Cover Buy/Sell, đánh giá theo bar close, không quảng cáo/đường link, và không phải khuyến nghị đầu tư.
[NBK] Cover Buy Sell for XAU Cover Buy Sell for XAU — Engulfing Reversals with EMA/ATR Trend & Quality Filters
{Update for XAU}
What it does
This indicator flags high-quality bullish/bearish reversal candles only when they align with a short-term trend and pass several objective quality filters. It is not a simple mashup: each component serves a distinct role and they work together to keep early/low-quality signals out.
How it works (components & interaction)
Pattern engine (entry candidates)
Bullish side (Cover Buy):
Body Engulf: current green body fully covers the prior red body, or
Piercing (relaxed): prior red → current green closes above the prior body’s midpoint (not beyond prior open).
Bearish side (Cover Sell):
Full-candle Engulf: current red candle (body + wicks) covers the entire prior candle, or
Body Engulf: current red body fully covers the prior body, or
Dark-Cloud (relaxed): prior green → current red closes below the prior body’s midpoint.
Short-term trend gate (non-repainting)
Trend is defined by the EMA slope between bar-1 and bar-2, scaled by ATR to require minimum strength.
Slope < 0 → only bullish candidates pass. Slope > 0 → only bearish candidates pass.
Body-size filter (noise control)
Rejects tiny candles: each body is compared with the lookback average body size.
For bearish candidates an additional ratio check requires current body ≥ a fraction of the prior body (to avoid weak top-ticks).
Peak filters for bearish signals (late, cleaner tops)
Distance above EMA: the high must be at least X × ATR above EMA (avoids mid-range noise).
Near local high: the high of the current bar (or bar-1) must be close to the highest high in a recent window.
Break confirmation: close must break low by at least Y × ATR (filters shallow dark-clouds).
Only when a candidate satisfies the pattern ➝ trend ➝ size ➝ peak sequence is a signal printed/alerted.
Inputs (key parameters)
EMA length, Min EMA slope vs ATR, ATR length: trend strength.
Lookback for average body, Min body vs average, Bear body ratio: body-quality filters.
High distance above EMA (×ATR), Local high lookback, Tolerance to local high (×ATR), Min break of low (×ATR): bearish peak confirmation.
Alerts
Built-in alerts fire on bar close for both Cover Buy and Cover Sell.
How to use
Increase High distance above EMA / Local high lookback / Min break of low to reduce early Cover Sell in ranges.
If you miss good tops, ease those thresholds slightly.
Works across symbols/timeframes; evaluated on bar close; no repaint from the trend gate.
Notes
This tool is a signal screener, not financial advice. For best results, combine with your structure/SR zones, risk management, and execution rules.
13 thg 10
Phát hành các Ghi chú
Cover Buy Sell — Engulfing Reversals with EMA/ATR Trend & Quality/Peak Filters
What this script does
Flags high-quality bullish/bearish engulfing reversals only when short-term trend and price-action quality conditions are met. Signals evaluate on bar close. No promotions, no links, no external calls.
Why this is an original combination (mashup justification)
Raw engulfing patterns are noisy in ranges. This script is a pipeline where each module solves a specific failure mode, not a simple merge of indicators:
Pattern engine (candidates):
Bullish (Cover Buy): body-engulf of prior red body, or relaxed Piercing (close above prior body midpoint, not beyond prior open).
Bearish (Cover Sell): full-candle engulf (body+wicks), body-engulf, or relaxed Dark-Cloud (close below prior body midpoint).
Short-term trend gate (non-repainting):
EMA slope is measured between bar-1 and bar-2 and must exceed an ATR-scaled threshold (slopeAtrPct).
Slope < 0 → only bullish candidates pass.
Slope > 0 → only bearish candidates pass.
Body-size filter (noise control):
Bodies must not be tiny vs the average over lenBodyRef. For bearish candidates, an alternate check allows current body ≥ bearRatioMin × prior body to keep decisive tops.
Bearish peak filters (late, cleaner tops):
High must be far above EMA (≥ emaDistAtrMin × ATR), near the local high (current or prior bar within nearHighLen & nearHighTol × ATR), and the close must break prior low by ≥ breakAtrMin × ATR.
These remove premature Cover Sell flags in chop and keep the later, higher-quality reversal.
Only candidates that pass Pattern → Trend → Size → Peak become signals. This staged design is the core originality.
How to use (practical guidance)
To reduce early Cover Sell in ranges: raise emaDistAtrMin, raise nearHighLen, and/or raise breakAtrMin.
If you miss clean tops: slightly lower those thresholds.
Typical starting points: lenTrend=4–6, slopeAtrPct=0.03–0.06, atrLen=14; adjust to instrument/TF volatility.
Combine with structure/SR zones and your risk rules. This tool is for analysis only and is not investment advice.
Alerts
Two alert conditions are included: Cover Buy and Cover Sell, both evaluated on bar close.
Non-repainting note
The trend gate uses confirmed data (EMA slope from bar-1 vs bar-2). Pattern and filters also use confirmed values; no forward-looking references.
English translations of UI strings (if your on-chart UI uses another language)
“Strict engulf (không cho bằng nhau)” → Strict engulf (no equality)
“EMA length (trend ngắn hạn)” → EMA length (short-term trend)
“Lookback tính thân trung bình” → Lookback for average body size
“Ngưỡng thân tối thiểu vs trung bình” → Min body vs average (ratio)
“Bear: thân hiện tại ≥ rRatio * thân trước” → Bear: current body ≥ rRatio × prior body
“Bear: HIGH cách EMA tối thiểu (x ATR)” → Bear: HIGH distance above EMA (× ATR) min
“Bear: cửa sổ đỉnh cục bộ (bars)” → Bear: local high lookback (bars)
“Bear: dung sai tới đỉnh (x ATR)” → Bear: tolerance to local high (× ATR)
“Bear: mức phá LOW tối thiểu (x ATR)” → Bear: min break of LOW (× ATR)
Compliance notes
English-only title, English appears first in this description; no ads, logos, links, or solicitations.
This is an original, closed-source script with a meaningful explanation of what, how, why, and how to use.
(Vietnamese short summary)
Chỉ báo bắt tín hiệu engulfing chất lượng cao khi có xu hướng EMA ngắn hạn (đo bằng độ dốc/ATR) và vượt qua lọc kích thước thân + điều kiện đỉnh cho tín hiệu bán. Chuỗi xử lý Mẫu → Xu hướng → Kích thước → Đỉnh giúp loại tín hiệu sớm trong vùng đi ngang. Có alert Cover Buy/Sell, đánh giá theo bar close, không quảng cáo/đường link, và không phải khuyến nghị đầu tư.
OBO-TOBO Head & Shoulders (H&S) Pattern HunterOBO-TOBO Head & Shoulders (H&S) Pattern Hunter
This indicator automatically detects Head and Shoulders (Bearish) and Inverse Head and Shoulders (Bullish) patterns using a smart ZigZag algorithm. Unlike standard indicators, it does not just mark the pivots; it draws the complete geometric "M" or "W" shape, including all legs from start to finish.
Key Features:
Full Geometry: Draws the complete pattern shape with proper legs, ensuring distinct visibility.
Smart Cleaning (Garbage Collector): Automatically deletes old or invalid patterns when a new one forms. Keeps your chart clean and prevents visual clutter.
Neckline Projection: Automatically draws the neckline projection to identify potential breakout levels.
Symmetry Check: Filters out invalid structures and only detects proportional patterns.
How to Use: You can adjust the "Sensitivity" (Length) setting in the menu to detect smaller or larger patterns according to your trading style.
