Ultimate Pattern Engine - Elite Suite v54Here's the description I wrote for your Pine Script publication:
Ultimate Pattern Engine - Elite Suite v54
A comprehensive technical analysis tool combining multiple pattern recognition algorithms and indicators in one powerful suite.
Pattern Recognition:
Head & Shoulders patterns with automatic neckline detection
Bull and Bear flag formations
9-count sequential patterns
Breakout pattern detection with alerts
Support/Resistance zones with dynamic S/R levels
Reversal cloud visualization
Moving Averages:
Multiple Simple Moving Averages (SMA) - 9, 50, 200 periods
Exponential Moving Averages (EMA) with customizable lengths
Color-coded for easy trend identification
Visual Features:
Pattern fill areas for clear visualization
Breakout labels showing price action
Customizable color schemes (bullish green, bearish red, neutral gray)
H&S neckline highlighting
Volume multiplier analysis
Configuration:
Adjustable sensitivity and flatness thresholds
Toggle individual patterns on/off
Customizable moving average periods and colors
Full control over visual elements
Ideal for traders looking to identify key chart patterns, trend reversals, and breakout opportunities across all timeframes.
Patterns
Market State & Candlestick Patterns Made in ChinaIndicator Overview
The Market State & Candlestick Patterns Master (MSCP-Master) is a comprehensive, all-in-one technical analysis indicator that combines real-time market state identification with multiple candlestick pattern recognition. This powerful tool not only identifies classic price action patterns but also adapts their significance based on the current market volatility environment, providing context-aware trading signals for smarter decision-making.
Core Innovation: Adaptive Pattern Recognition
Traditional candlestick pattern indicators work in isolation, often giving false signals in the wrong market conditions. MSCP-Master revolutionizes this approach by:
First assessing market state (Low Volatility/Ranging/High Volatility) through a multi-dimensional scoring system
Then applying different confirmation criteria for each pattern based on the detected market state
Finally providing context-aware signals that are more reliable because they consider the broader market environment
Three-Layer Analysis System
Layer 1: Market State Identification (The Foundation)
Uses four key metrics to calculate a comprehensive market state score:
ATR Relative Volatility: Measures current volatility against historical norms
Bollinger Band Width: Identifies contraction/expansion periods
Amplitude Analysis: Evaluates recent price range activity
Momentum Strength: Assesses directional movement power
Based on the composite score, the market is classified into:
🔵 Low Volatility: Tight ranges, potential for breakout
🟡 Ranging: Normal oscillation within established bounds
🟢 High Volatility: Wide ranges, strong momentum moves
Layer 2: Pattern Recognition With Context Adaptation
Each pattern uses different confirmation logic based on market state:
High Volatility State: Uses SMA-based trend confirmation (Long/Short SMA comparison)
Low Volatility/Ranging States: Uses ATR-adjusted threshold confirmation (dynamic based on current vs. baseline volatility)
This adaptive approach means patterns are only considered valid when they make sense for the current market environment.
Layer 3: Comprehensive Pattern Library
The indicator identifies 10+ critical candlestick patterns:
Engulfing Patterns (Bullish/Bearish) with Harami confirmation requirement
Outside Bars (Bullish/Bearish) with customizable engulfing criteria
False Breakouts (Bullish/Bearish) with sophisticated tracking of "trap" moves
Hammer/Inverted Hammer with ATR-adjusted significance thresholds
Doji Variations (Standard, Dragonfly, Gravestone) with precise mathematical definitions
Three Soldiers Method (Enhanced) with dual absolute/relative strength measurements
Enhanced Three Soldiers Method - Beyond Traditional Interpretation
Unlike traditional "Three White Soldiers/Black Crows" patterns that rely on simple visual recognition, our enhanced version introduces:
Quantifiable Strength Metrics: Each candle must meet customizable thresholds for both absolute price movement (%) and relative efficiency (close-to-open vs. total range)
Two Signal Types: Preparation signals (amber) for early warnings and True signals (green/red) for confirmed breakouts
Breakout Confirmation: "True signals" only trigger when price breaks above/below recent signal cluster extremes
Full Customization: All parameters adjustable to match your trading style and market conditions
Key Features
🎯 Context-Aware Signals: Patterns are validated differently in high vs. low volatility markets
📊 Real-Time Market State: Clear color-coded background shows current market conditions
🔍 Multiple Confirmation Methods: Uses both SMA trend-following and ATR-adjusted threshold approaches
⚙️ Fully Customizable: Every parameter adjustable across all pattern types and market state calculations
📈 Comprehensive Visualization: Color-coded labels, reference lines, and information tables
Strategic Application
Preparation Signals: Use amber "single candle" or "three candle" signals to prepare for potential moves
True Signals: Green/red "True" signals indicate confirmed momentum - ideal for main entries
Market State Alignment: Trade with the market's character - aggressive in high volatility, cautious in low volatility
Pattern Convergence: Look for multiple patterns confirming the same direction for higher probability setups
Parameter Groups (Organized for Easy Customization)
Market State Identification: ATR, Bollinger Band, Amplitude, Momentum parameters
Pattern-Specific Settings: Engulfing, Outside Bars, False Breakouts, Hammer/Doji patterns
Three Soldiers Method: Absolute/Relative strength thresholds, lookback periods
Confirmation Logic: SMA lengths, ATR adjustment factors, sensitivity settings
True Three Soldiers Method (TTSM) - Breakout ConfirmationIndicator Overview
True Three Soldiers Method (TTSM) - Made in China is a quantifiable evolution beyond traditional candlestick pattern recognition. It replaces subjective visual analysis with an objective, data-driven momentum system featuring smart breakout confirmation.
Core Innovation: Beyond Traditional Pattern Recognition
Traditional three-soldier patterns merely check for three consecutive bullish/bearish candles. TTSM goes much deeper:
Dual Signal System: It identifies both single-candle and three-candle momentum signals, providing earlier warnings of potential trend changes.
Quantifiable Strength Metrics: Each signal must meet customizable thresholds for both absolute price movement (percentage change) and relative efficiency (close-to-open distance relative to total range).
Breakout Confirmation Logic: The real innovation lies in the "True Signal" mechanism. Preliminary signals are tracked, and only when price breaks above the highest high of recent bullish signals (or below the lowest low of recent bearish signals) does it trigger a confirmed entry signal. This eliminates false breakouts and ensures you're trading with confirmed momentum.
Absolute Strength: Quantifies momentum via percentage price change.
Relative Strength: Measures candlestick efficiency (close-to-open vs. total range).
True Signal Validation: A "True" entry signal triggers only after price confirms momentum by breaking above/below a cluster of recent preliminary signals, filtering out false moves.
Dual-Layer Signal System
Key Features
🔴 Amber Signals (Preparation): Single-candle or three-candle patterns that meet strength criteria. These indicate potential momentum building and can be used for preparation or light positioning.
🟢 Green Signals (True Breakout): Triggered only when price breaks above/below the recent signal cluster extremes. These represent confirmed momentum and are ideal for main entries.
🎚 Fully Customizable: Every parameter—absolute/relative strength thresholds, lookback periods, and average calculations—can be adjusted to match your trading style and market conditions.
📊 Clear Visual Feedback: Color-coded labels and reference lines make signal identification instant and intuitive.
Parameter Customization Guide
All parameters are organized in intuitive groups:
Strength Thresholds: Adjust absolute (%) and relative (%) strength requirements for both long and short signals.
First Signal Thresholds: Special thresholds for when a signal is the first in the lookback period.
Lookback & Averages: Control how many bars are considered for signal tracking and moving averages.
Strategic Application
Preparation Signals: Use amber signals to prepare for potential moves, set alerts, or enter with smaller positions.
True Signals: Green/red "True" signals indicate confirmed momentum—ideal for main entries with proper risk management.
Combination Strategy: Pair TTSM with trend indicators (like Supertrend) for higher probability trades—only take True Signals in the direction of the main trend.
The Consolidator [Pattern Foresight]Overview
This Consolidator script uses detection logic to chart bullish and bearish consolidation markers and to chart shaded high/low price range lines (with green shading between the bottom range line and the price for bullish trends and with red shading between the top range line and the price for bearish trends). A consolidation point is telling you: “Price has gone quiet here. Expect expansion—likely a breakout—once volume returns.” Low volatility squeezes often lead to a breakout.
The Consolidator attempts to identify periods where the price is moving sideways, compressing into a tighter range, forming a base or coil, or preparing for a trend continuation or reversal.
Bullish Consolidation Markers - Bullish consolidation occurs when the price is coiling but buyers are in control. These are useful to help detect bull flags, ascending triangles, tight bases before breakouts.
Bearish Consolidation Markers - These are useful to help detect bear flags, descending triangles, distribution periods.
Why this indicator is unique
The Consolidator attempts to be a predictive pattern-recognition system, not a simple channel indicator by measuring consolidation tightness and high/low price ranges. The range lines help visualize the “coil” where price is compressing. Consolidation markers classify which side of the coil price is leaning toward: bullish pressure or bearish pressure. The script attempts to detect structural bullish patterns with breakout intelligence.
Usage
Consolidation Lookback - Controls how many bars are examined when determining the consolidation “box.” Think of it as: “How wide of a window do you want to search for a sideways range?” Shorter lookback (10–20): Tighter, more sensitive consolidations, faster signals, more false positives, and useful for scalping and day trading. Longer lookback (30–60): Larger, more stable consolidation zones, fewer false positives, and better for swing trading.
Tolerance Percent - Defines how “flat” highs/lows must be to qualify as consolidation. This is the key part of compression detection. Lower tolerance (0.3–0.6%): Only very tight ranges qualify with fewer but higher-quality consolidation zones. Higher tolerance (0.7–1.5%): wider ranges and more consolidation signals. Small changes to tolerance drastically change the number of consolidation markers (higher = more consolidation markers).
Disclaimer:
This script is for informational purposes only. Nothing contained herein should be construed as financial, investment, or trading advice. The author is not a financial advisor and is not providing personalized recommendations. All trading involves risk, including the potential loss of principal. The author makes no assurances of accuracy, performance, or future results. History may not reflect future performance. You are solely responsible for your own investment decisions and agree to use this script entirely at your own risk.
Filter Ribbon1. Indicator Name
Filter Ribbon
2. One-line Introduction
A trend visualization ribbon that uses linear regression and directional scoring to highlight bullish and bearish strength with intuitive color gradients.
3. General Overview
Filter Ribbon is a minimalistic yet powerful trend visualization tool that leverages linear regression slope ordering to determine directional momentum. It analyzes the ordering of regression values over a defined lookback period and quantifies how consistently the price has been trending upward or downward.
Using a pairwise comparison system, it calculates a trend "score" and compares this to a configurable threshold to determine if a bullish, bearish, or neutral condition exists.
The result is a color-coded ribbon that sits over the chart, changing hue and opacity based on both the direction and strength of the trend. The stronger the directional alignment, the more opaque the ribbon becomes, offering traders a fast, intuitive way to assess market sentiment at a glance.
It also includes an optional linear regression line to further help visualize the central trend.
This indicator is best used in trend-following systems or as a dynamic background layer when combined with signal-based strategies.
Thanks to its efficient design and protected logic, Filter Ribbon offers high-performance visualization without compromising strategy integrity.
4. Key Advantages
🌈 Visual Trend Heatmap
Dynamic color ribbon gives real-time visual feedback on both trend direction and strength.
🔢 Quantified Trend Scoring
Calculates a mathematically sound trend score using pairwise linear regression comparisons.
⚖️ Adjustable Sensitivity
Users can tune lookback and threshold parameters to fit different asset classes and timeframes.
📉 Smooth Ribbon Effect
Plots upper/lower bands around regression line with smooth filling for a professional chart look.
🎯 Precise Trend Confirmation
Acts as a confidence layer for other entry/exit signals by confirming broader trend bias.
🔒 Secure and Minimal Codebase
Core logic is embedded securely with minimal exposure, reducing risk of replication or misuse.
📘 Indicator User Guide
📌 Basic Concept
Filter Ribbon determines trend direction and intensity by comparing the order of linear regression values over time.
It forms a ribbon on the chart that changes color based on trend direction and opacity based on trend strength.
This makes it ideal for identifying clear trending periods vs. uncertain consolidations.
⚙️ Settings Explained
Lookback Period: Number of bars for scoring the trend direction (higher = smoother trend)
Range Tolerance (%): Determines how aggressive the trend classification is (lower = stricter)
Regression Length: Period for calculating the base linear regression line
Ribbon Colors: Customize colors for bullish and bearish conditions
📈 Bullish Timing Example
Ribbon color is green and becomes increasingly opaque
Regression line slopes upward and price remains above it
Can be used as trend confirmation for long trades
📉 Bearish Timing Example
Ribbon color is red with higher opacity
Price consistently below the regression line
Useful for confirming short trade setups or avoiding long entries
🧪 Recommended Use Cases
Combine with breakout indicators to validate if the breakout aligns with broader trend
Use in swing or trend-following strategies as a background filter
Helps filter out trades during unclear, sideways market conditions
🔒 Precautions
Not a signal generator on its own — meant for trend context only
Ribbon may lag slightly during sudden trend reversals; best used with reactive entry tools
Always test ribbon parameters on your specific market/timeframe before applying live
Avoid using solely in low-volatility or flat markets — sensitivity may require tuning
+++
Scaling_mastery:Free TrendlinesScaling_mastery Trendlines is a clean, trading-ready smart trendline tool built for the Scaling_mastery community.
It automatically finds swing highs/lows and draws dynamic trendlines or channels that stay locked to price, on any symbol and any timeframe.
🔧 Modes
Trendline type
Wicks – classic trendlines anchored on candle wicks (high/low).
Bodies – trendlines anchored on candle bodies (open/close), great for closing structure.
Channel – 3-line channel:
outer lines form a band around price
middle line runs through the centre of the channel
thickness is adjustable (Small / Medium / Large).
Trend strength
Controls how strong the pivots must be to form a line.
Weak → more lines, reacts faster.
Medium → balanced, good for most pairs.
Strong → only the cleanest swings, higher-probability trendlines.
🎨 Visual controls
Max support / resistance lines – cap how many lines are kept on chart.
Show broken lines – hide broken trendlines or keep them for structure history.
Extend lines – None / Right / Both.
Support / Resistance colors – separate colors for active vs broken.
Channel thickness – Small / Medium / Large (0.5% / 1% / 2% of price).
Channel outer lines – color for channel edges.
Channel middle line – color + style (dotted / dashed / solid).
Broken lines are automatically faded + dotted, so you can instantly see what’s still respected and what’s already been taken out.
🧠 How to use
Add the indicator to any chart.
Start with:
Trendline type: Wicks
Trend strength: Strong
Max lines: 1–2 for both support & resistance
Once you like the behavior, experiment with:
Switching between Wicks / Bodies / Channel
Adjusting Channel thickness and Trend strength
Use the lines as a visual confluence tool with your own strategy:
HTF trend direction
LTF entries / retests
Liquidity grabs around broken lines
This script doesn’t generate entries or risk management – it’s designed to give you clean, reliable structure so you can execute your own edge.
⚠️ Disclaimer
This tool is for educational and visual purposes only and is not financial advice.
Always do your own research and manage risk.
I4I Inside Vortex Strike RateThis indicator identifies what I call an "Inside Vortex": It's similar to a Doji but more strict in having to be inside a keltner and also have a lower ATR than a blended average.
The bar itself is not that special. But it indicates that a potential big move might come in the next 2 periods.
After the patter: It then looks at what I call the Market Maker High and Low: A % of a blended ATR. It then looks back 100-200 or more bars and calculates the overall strike % in history for the High and low after the pattern happens.
This allows us to know how often these levels are hit within the next 2 periods to find if we have any edge on spread, call or put prices or use them as targets.
So its:
Pattern:
Levels
Strike Rate.
Very unique and EXTREME useful. Especially for options traders.
HTF Candle Profile [ChartPrime]⯁ OVERVIEW
The HTF Candle Profile visualizes higher-timeframe candle structure and its internal volume distribution directly on lower-timeframe charts. It automatically detects changes in higher-timeframe periods (daily, weekly, or monthly) and constructs a complete volume profile for each, allowing traders to see how volume is distributed across the range of that higher-timeframe candle. This helps identify whether momentum is supported by real volume strength or trapped price movement.
⯁ LOGIC
When a new higher-timeframe candle begins, the indicator starts collecting data for its open, high, low, close, and volume range.
Once sufficient bars have passed (defined by the Min Period Profile input), it calculates a full profile using adaptive bin sizing derived from the range (High–Low) and ATR for scaling precision.
The resulting bins represent the volume concentration at each price level of that higher-timeframe candle.
A Point of Control (PoC) is highlighted — the level where the most volume occurred.
The indicator then draws the higher-timeframe candle body and wicks at the chart’s right side, giving visual context of bullish or bearish sentiment.
⯁ FEATURES
Automatic HTF Detection: Identifies new Daily, Weekly, or Monthly periods and updates profiles in real time.
Dynamic Bin Calculation: Automatically adjusts bin size based on ATR and candle height for accurate volume granularity.
Volume Profile Rendering: Displays colored volume bars extending from the candle, showing where trading activity was concentrated.
Higher-Timeframe Candle Representation: Plots the full HTF candle (open, close, high, low) on the right side of the chart for visual clarity.
PoC Level & Labels: Marks the point of maximum volume within the candle profile with a line and volume label.
Configurable Levels: Toggle display of Open, Close, High, Low, and PoC for each higher-timeframe segment.
Color-coded Sentiment: Candle and profile colors reflect bullish or bearish momentum.
⯁ CONCLUSION
The HTF Candle Profile bridges lower- and higher-timeframe analysis by embedding high-resolution volume data within each major candle. It enables traders to see where liquidity and trading activity cluster inside higher-timeframe structures — revealing whether trends are volume-backed or hollow. Perfect for combining structural insight with volume confluence when analyzing market sentiment transitions across timeframes.
Island Reversal [LuxAlgo]The Island Reversal tool allows traders to identify reversal patterns directly on the chart. These patterns signal a potential change in trend, either from bullish to bearish or vice versa.
The tool enables traders to filter these patterns by trend, volume, and range, making it easy to display pure or less constrained island reversals.
🔶 USAGE
An island reversal pattern may indicate a change in trend. It occurs when prices change direction from an uptrend to a downtrend, or vice versa.
This pattern is a great tool for timing the market. Traders should be aware of when these patterns develop and watch how prices behave after the pattern forms.
Now, let's take a closer look at one of these island reversal patterns to highlight its different components.
The different parts are depicted in the image above.
1. A trend prior to the pattern
2. A gap starts the pattern.
3. A range of prices
4. A final gap, opposite to the first one, closes the pattern.
5. In this case, the pattern leads to a bearish trend, which is opposite to the trend in the first step.
🔹 Trend, Volume and Range Filters
Enabling the trend filter causes the tool to only detect top island reversals during a bullish trend and bottom island reversals during a bearish trend.
Traders can adjust the size of the detected trend in the settings panel. The larger the trend size, the more relevant the reversal patterns can be.
The volume filter only detects reversal patterns if there is more volume within the range of the pattern than in the preceding trend.
The idea is that more people tend to participate at the top and bottom of a trend as it changes direction.
The tool has two range filters that discriminate the range within the island reversal pattern:
Horizontality Filter (R2): Based on the R-squared statistic from linear regression, it detects whether the price is moving sideways within the range.
Volatility Filter: Based on long-term volatility, it detects the size of the range within the pattern.
The smaller the value in the Horizontality Filter, the more horizontal the prices will be within the range. A larger value will detect more reversal patterns.
The larger the value in the Volatility Filter, the larger the ranges will be. A smaller value will detect fewer reversal patterns.
🔶 SETTINGS
🔹 Trend Filter
Trend Filter: Enable or disable the trend filter.
Trend Length: Select the size of the detected trend.
🔹 Volume Filter
Volume Filter: Enable or disable the volume filter.
🔹 Range Filter
Horizontality Filter (R2): Enable or disable the Horizontality filter and select a threshold value.
Volatility Filter: Enable or disable the Volatility filter and select the multiplier value.
🔹 Style
Bullish: Select a color for bullish sessions.
Bearish: Select a color for bearish sessions.
Transparency: Select a transparency level from 100 to 0.
Custom Date MarkersCustom Date Markers - Pine Script Indicator
This indicator provides a powerful visual tool for technical and pattern analysis by allowing traders to mark up to 10 specific historical dates with customizable vertical lines on any chart. Each date can be assigned its own unique color, making it easy to categorize and distinguish between different types of events or market catalysts.
Primary Use Cases:
The indicator excels at identifying cyclical patterns and recurring market behavior. By marking significant dates such as earnings announcements, Federal Reserve meetings, dividend ex-dates, or seasonal events, traders can quickly visualize whether stocks consistently react in similar ways around these recurring dates. This is particularly valuable for discovering hidden patterns that might not be obvious from price action alone.
Practical Applications:
Earnings Analysis: Mark historical earnings dates to see if a stock tends to rally or sell-off before/after announcements
Macro Events: Identify how assets respond to FOMC meetings, CPI releases, or other economic data
Seasonal Patterns: Track dates that show recurring volatility or directional moves (like tax deadline periods, end-of-quarter re balancing, etc.)
Event Studies: Analyze the impact of company-specific events like product launches, FDA approvals, or leadership changes
Advanced Insights:
What makes this tool particularly interesting is its ability to reveal non-obvious correlations. For example, you might discover that a retail stock consistently experiences volume spikes 2-3 weeks before Black Friday across multiple years, or that certain tech stocks show weakness during specific conference dates. The color-coding feature allows you to layer multiple event types simultaneously—perhaps using red for bearish catalysts and green for bullish ones—creating a visual heat map of historical market reactions.
The indicator's 6-month default spacing (covering 4.5 years) is strategically designed to capture multiple business cycles while maintaining clarity on the chart. This timeframe is long enough to identify genuine patterns rather than coincidences, yet focused enough to remain relevant to current market conditions.
Pro Tip: Combine this indicator with volume analysis or other technical indicators to validate whether the patterns you observe are accompanied by meaningful market participation or if they're statistical noise.
Candlestick Patterns v1.0🔍 Overview
Candlestick Patterns v1.0 automatically identifies popular bullish and bearish candlestick formations directly on your chart.
It highlights potential reversal and continuation signals using color-coded visual markers — so traders can quickly spot opportunities without manually scanning candles.
This tool is designed for traders who rely on price action, pattern confirmation, or trend reversal analysis.
⚙️ Features
Detects major patterns:
Doji, Dragonfly Doji, Gravestone Doji
Morning Star and Evening Star
Hammer and Inverted Hammer
Bullish & Bearish Engulfing
Shooting Star and Hanging Man
Customizable bullish/bearish colors
Toggle each pattern on or off
Lightweight and compatible with all timeframes and instruments
🧠 How to Use
1. Add to chart — open the indicator and click Add to chart.
2. Choose patterns — open Settings → Inputs and select which patterns to display.
3. Interpret signals:
🟢 Bullish patterns appear below candles (possible buy/reversal areas).
🔴 Bearish patterns appear above candles (possible sell/reversal areas).
4.Use alongside other tools like RSI, Moving Averages, or Volume for confirmation.
💡 Tips
Look for Hammers or Bullish Engulfing at support in a downtrend → strong buy signals.
Look for Shooting Stars or Bearish Engulfing at resistance in an uptrend → potential short setups.
Avoid using on extremely low timeframes unless combined with filters (trend/RSI/volume).
👨💻 Author
Created by @hjvasoya
© 2025 — Published under the Mozilla Public License 2.0
Turtle Body Setup by TradeTech AnalysisOverview
Turtle Body Setup is a minimalist, rules-based pattern detector built around a simple idea: a sequence of shrinking candle bodies (compression) often precedes a directional expansion (breakout). The script identifies those compression phases and then flags the first candle whose body expands significantly beyond the recent average, with polarity taken from the candle’s direction.
This is not a mash-up of many public indicators. It focuses on one original micro-structure concept: strict body-contraction → body-expansion . The logic is fully described below so traders and moderators can understand what it does and how to use it.
How it Works
1. Compression detection (body contraction):
• Over a user-defined window Compression Lookback (N), the script counts strictly shrinking candle bodies (|close-open|).
• When the count ≥ Min Shrinking Candles, we mark the market as in compression.
2. Expansion / Breakout qualification:
• Compute avgBody = SMA(body, N).
• A candle is a breakout when current body > avgBody × Breakout Body Multiplier.
• Polarity: green (close>open) → Bullish breakout; red (close
RB — Rejection Blocks (Price Structure)This indicator detects and visualizes Rejection Blocks (RBs) using pure price action logic.
A bullish RB occurs when a down candle forms a lower low than both its neighbors. A bearish RB occurs when an up candle forms a higher high than both its neighbors.
Validated RBs are displayed as boxes, optional lines, or labels. Blocks are automatically removed when invalidated (price closes through them), keeping the chart uncluttered and focused.
How to use
• Apply on any timeframe, from intraday to higher timeframes.
• Watch how price reacts when revisiting RB zones.
• Treat these zones as contextual areas, not entry signals.
• Combine with your own trading methods for confirmation.
Originality
Unlike generic support/resistance tools, this indicator isolates a specific structural pattern (rejection blocks) and renders it visually on the chart. This selective focus allows traders to study structural reactions with more clarity and precision.
⚠️ Disclaimer: This is not a trading system or a signal provider. It is a visual analysis tool designed for structural and educational purposes.
CRT + PO3 Range Theory Hey everyone, I’ve put together a little script for TradingView that tries to show the classic CRT + PO3 (Power of Three) pattern. It’s still a work in progress, so please use it on a demo account and let me know what you think!
What It Does
Accumulation Phase: On each higher‐timeframe bar (e.g. 2-hour), it draws a shaded zone where price is hanging out. That’s when we assume “big players” are quietly building positions.
Manipulation Phase: If price briefly pokes above or below that zone but then slips back inside, it marks that wick as a shake-out.
Distribution Phase: When price finally closes cleanly outside the zone, it draws another shaded area and drops a “Distribution” label plus a big LONG or SHORT arrow on that bar.
You can tweak it so it only shows signals when a bar closes (no more weird flashing mid-bar), or even allow “direct” Distribution on a clean breakout without waiting for a fake wick first.
How to Set It Up
Add the script from your Indicators list.
Pick your HTF (I like 2-hour or 4-hour).
Turn “Show Zone Labels” on or off—these are the little “Accumulation/Manipulation/Distribution” tags.
Turn “Show Entry Signals” on to get the big LONG/SHORT arrows.
If you hate flicker, check “Show signals only at bar close.”
If you want to catch a swift breakout (no fake-out needed), check “Allow direct Distribution on clean breakout.”
There are also sliders for zone colors, transparency, label size, and how far above/below the bars the labels sit.
Why It’s Still a Beta
I’m not a CRT/PO3 guru—this is more of a hobby project and a little facination for this strategy.
There might be edge cases where it misses a shake-out or flags a Distribution too early.
I take no responsibility for your trades—please only run it on a demo account until we’ve worked out the quirks.
Feedback Wanted!
If you try it out, I’d love to hear:
Did the Manipulation wicks line up where you expected?
Were the Distribution arrows on the right bars?
Any ideas for easier settings or extra alerts?
Thanks for testing and helping me turn this into something solid!
Auto Trendlines [AlgoXcalibur]Effortlessly visualize trendlines.
This algorithm does more than just draw lines connecting structural swing points — it reveals dynamic support & resistance breakouts with clarity and precision while significantly reducing your workload compared to the hassle of manually drawing trendlines.
🧠 Algorithm Logic
This advanced Auto Trendlines indicator delivers clear market structure through an intelligent multi-fractal design, revealing useful swing structures in real time. For those seeking maximum awareness, the optional Micro Trendlines (Dotted) constantly monitors even the most recent and minor structural shifts — keeping you fully in tune with evolving market dynamics. A Break Detection Engine constantly monitors each trendline and provides instant visual feedback when structural integrity is lost: broken lines turn gray, stop extending, and remain visible to enhance clarity and situational awareness. The algorithm is carefully refined to prevent chart distortion commonly caused by forcing entire trendline structures into view — preserving a natural and accurate charting experience. To further ensure optimal readability, an integrated Clutter Control mechanism limits the number of visible trendlines — focusing attention only on the most relevant structures.
⚙️ User-Selectable Features
• Micro Trendlines (Dotted): Ultra-responsive short-term trendlines that react to even the smallest structural shifts — ideal for staying ahead of early trend changes.
• Broken Trendline Declutter: Enable to display only the most recent broken trendlines to simplify chart visuals and maintain clarity, or disable to analyze previous price action.
💡 Modern Innovation
Auto Trendline indicators are often inaccurate, clumsy, and rely on slow methods that fail to adapt. AlgoXcalibur’s Auto Trendline indicator takes a modern, refined approach — combining smart pivot logic for both speed and stability, dynamic break detection with clear visual cues, and displaying only the most relevant trendlines while prioritizing accuracy, preventing distortion, and reducing clutter — automatically.
🔐 To get access or learn more, visit the Author’s Instructions section.
Triangle Asc/Descending Patterns [Drobode]█ DESCRIPTION
The script automatically tracks the descending or ascending triangle pattern. The script provides advanced settings, allowing you to adjust the pattern accuracy from high to low depending on your needs and technical analysis style. The main goal of the script is to facilitate the routine work of a trader in identifying certain trading situations (patterns). However, you should understand that the script is not a full-fledged self-sufficient strategy, in case of receiving a signal, it is recommended that you additionally conduct a comprehensive thorough analysis before taking trading actions. The script can be useful for traders of all levels, both beginners and experienced analysts. This variation of the script, in case of identifying a pattern, draws a contour triangle with the background color of the figure. The ascending triangle has a blue color, the descending triangle has a red color. The logic of the script provides that one of the legs (one side) of the triangle is always a horizontal line, simultaneously being a line of resistance or support, other variations of triangle patterns are not tracked. According to generally defined beliefs and observations of pattern formation, a descending and ascending triangle may indicate a possible breakdown of the conditional horizontal level to which the price of the instrument has approached, however, at the same time it is necessary to deeply analyze many other factors at this point, in particular, such as volumes, consolidation, volatility, and so on.
█ SCRIPT SETTINGS
By default, the script was pre-developed and tested on the M15 timeframe with the USDT.P crypto futures instruments.
Alert
The Alert function in the script is enabled by default, you just need to activate the Alert in the TradingView window and select the signal source - Triangle Asc/Descending Patterns .
The notification provides the following information (example):
Triangle_Ascending
Ticker- EGLDUSDT.P
Price-19.754
Timeframe- 15
Period length-160
Periods length
The script allows you to set the period length (number) of bars on which the calculation will be performed. Different periods make it possible to cover more timeframes (in particular, larger timeframes). The calculation is performed simultaneously on all periods, but you can turn off "Period length 3" and "Period length 4" by clicking on the check mark, this can speed up the script. The following period values are set by default: "Period length 1" – 80,
"Period length 2" – 160, "Period length 3" – 300, "Period length 4" – 681.
Percentage deviation of extremes
The next settings are the percentage deviation from the hypotenuse and horizontal leg, which creates the zone in which the extremes of the bars that will form the triangle shape should be. The smaller the deviation, the greater the accuracy and the closer to the hypotenuse and leg the bar extrema should be, however, in this case the number of pattern identifications will be smaller. By default, the deviation zone from the hypotenuse "Deflection zone of tangents to the hypotenuse" is - 0.4%, the deviation zone from the horizontal leg "Tangent deviation zone horizontal leg" is - 0.08%.
The presence of extrema at certain points on the sides of a triangle
The last block of settings are the conditions that increase the accuracy of the proportions of the pattern figure. These settings are aimed at confirming the presence of extrema in certain areas along the hypotenuse and horizontal leg. Thus, enabling "Extrema on the horizontal leg almost along the entire length" means that only those triangles will be tracked in which the horizontal leg zone has extrema almost along the entire length of this leg, this increases the accuracy but reduces the number of detected patterns. "Extremes present on second half of horizontal leg (more than 50%)" assumes that only those triangles will be tracked in which the extrema are present on the second half of the length of the given leg (more than 50%) in the zone of the horizontal leg. "Presence of an extrema in the middle region of the hypotenuse" assumes that only those triangles will be tracked in which the extrema are present on a certain segment of length in the central region of the hypotenuse.
Yearly History Calendar-Aligned Price up to 10 Years)Overview
This indicator helps traders compare historical price patterns from the past 10 calendar years with the current price action. It overlays translucent lines (polylines) for each year’s price data on the same calendar dates, providing a visual reference for recurring trends. A dynamic table at the top of the chart summarizes the active years, their price sources, and history retention settings.
Key Features
Historical Projections
Displays price data from the last 10 years (e.g., January 5, 2023 vs. January 5, 2024).
Price Source Selection
Choose from Open, Low, High, Close, or HL2 ((High + Low)/2) for historical alignment.
The selected source is shown in the legend table.
Bulk Control Toggles
Show All Years : Display all 10 years simultaneously.
Keep History for All : Preserve historical lines on year transitions.
Hide History for All : Automatically delete old lines to update with current data.
Individual Year Settings
Toggle visibility for each year (-1 to -10) independently.
Customize color and line width for each year.
Control whether to keep or delete historical lines for specific years.
Visual Alignment Aids
Vertical lines mark yearly transitions for reference.
Polylines are semi-transparent for clarity.
Dynamic Legend Table
Shows active years, their price sources, and history status (On/Off).
Updates automatically when settings change.
How to Use
Configure Settings
Projection Years : Select how many years to display (1–10).
Price Source : Choose Open, Low, High, Close, or HL2 for historical alignment.
History Precision : Set granularity (Daily, 60m, or 15m).
Daily (D) is recommended for long-term analysis (covers 10 years).
60m/15m provides finer precision but may only cover 1–3 years due to data limits.
Adjust Visibility & History
Show Year -X : Enable/disable specific years for comparison.
Keep History for Year -X : Choose whether to retain historical lines or delete them on new year transitions.
Bulk Controls
Show All Years : Display all 10 years at once (overrides individual toggles).
Keep History for All / Hide History for All : Globally enable/disable history retention for all years.
Customize Appearance
Line Width : Adjust polyline thickness for better visibility.
Colors : Assign unique colors to each year for easy identification.
Interpret the Legend Table
The table shows:
Year : Label (e.g., "Year -1").
Source : The selected price type (e.g., "Close", "HL2").
Keep History : Indicates whether lines are preserved (On) or deleted (Off).
Tips for Optimal Use
Use Daily Timeframes for Long-Term Analysis :
Daily (1D) allows 10+ years of data. Smaller timeframes (60m/15m) may have limited historical coverage.
Compare Recurring Patterns :
Look for overlaps between historical polylines and current price to identify potential support/resistance levels.
Customize Colors & Widths :
Use contrasting colors for years you want to highlight. Adjust line widths to avoid clutter.
Leverage Global Toggles :
Enable Show All Years for a quick overview. Use Keep History for All to maintain continuity across transitions.
Example Workflow
Set Up :
Select Projection Years = 5.
Choose Price Source = Close.
Set History Precision = 1D for long-term data.
Customize :
Enable Show Year -1 to Show Year -5.
Assign distinct colors to each year.
Disable Keep History for All to ensure lines update on year transitions.
Analyze :
Observe how the 2023 close prices align with 2024’s price action.
Use vertical lines to identify yearly boundaries.
Common Questions
Why are some years missing?
Ensure the chart has sufficient historical data (e.g., daily charts cover 10 years, 60m/15m may only cover 1–3 years).
How do I update the data?
Adjust the Price Source or toggle years/history settings. The legend table updates automatically.
NR4 & NR7 with Breakouts [LuxAlgo]NR4 & NR7 with Breakouts is a simple indicator that utilizes the NR4 and NR7 candle patterns to display candle ranges and signals from range breakouts.
🔶 USAGE
The Narrow Range Patterns are candle formations determined by the last candle having a narrower (high-low) range than the previous number. This indicator showcases the 2 most recognized Narrow Range Patterns, which are the 4 and 7 bar variants (NR4 and NR7).
These patterns, introduced by Toby Crabel, are thought to provide insight for potential market breakouts by identifying periods of low volatility indicated by a candle with a small range. This is due to the idea that markets often move from periods of low volatility (contraction) to high volatility (expansion), and the NR4 and NR7 patterns help spot these transitions.
By utilizing these patterns, traders are better able to anticipate and respond to market shifts for better decision-making and risk management.
NOTE: These patterns have traditionally been studied on the Daily Timeframe Chart. This indicator allows the user to select a timeframe to generate these patterns from. It is suggested to be mindful of this when considering these patterns.
In this indicator, on the bar after the pattern is detected, the Narrow Range Bar will be highlighted with a zone, and lines displaying the range will extend from it. These ranges are helpful for providing levels to set limit orders and for managing risk.
Users are able to adjust which pattern they want visualized on their chart, please note;
All NR7s are NR4s but not all NR4s are NR7s.
Because of this, you will notice that when selecting "NR4" to display, the colors will change, but the detected ranges will not change.
🔹 Signals
When a Narrow Range Bar is detected, the script will wait for the price to close outside of the Range, then a signal will fire indicating the direction of exit. The signals are produced from the last NR4 or NR7 and will have the potential to fire from that range until a new NR4 or NR7 is detected.
After a signal fires, the logic goes into a "reset" period where it will wait for the price to reach the Range Mean before firing another signal.
These signals can be anticipated by considering the underlying logic and watching price approach the range extremities, and can be improved by utilizing other market information for confluence.
🔶 SETTINGS
Timeframe: Choose which timeframe to identify the NR4 and NR7 Pattern on. This must be Higher than the chart timeframe.
Pattern Type: Choose which (or all) patterns to display.
RunRox - Harmonic Patterns📐 RunRox - Harmonic Pattern indicator , we are pleased to present our new, built upon sophisticated logic for identifying and plotting harmonic formations directly on your charts. Significant effort and research have been invested into the development of this indicator, and now it is ready to be included in our premium indicator package.
In this post, we will provide a comprehensive overview of our indicator, describing all its key features, capabilities, and possible use cases. We strongly recommend reading the entire post thoroughly to fully understand the logic and operation behind our new Harmonic Pattern indicator.
📜 A BRIEF HISTORY
Harmonic patterns are specialized chart formations based on Fibonacci ratios, used by traders to identify potential reversal points in financial markets. Originally introduced by H.M. Gartley in the 1930s and later refined by Scott Carney, harmonic patterns became widely recognized for their effectiveness in forecasting precise turning points and market reversals. Over the years, these patterns have become an essential tool for traders employing technical analysis.
📌 INDICATOR FEATURES
Identification of 3 pattern sets:
✅ 5 Classic Chart Patterns:
Head and Shoulders, Triangle, Wedge, Flag, Double Top/Bottom
✅ 11 Harmonic Patterns:
Bat, Alternate Bat, Butterfly, Crab, Deep Crab, Gartley, Shark, Cypher, 5-0 Pattern, AB=CD, 3-Drive
✅ 10 Non-standard Harmonic Patterns:
Nen Star, White Swan, Black Swan, Anti-Bat, Anti-Butterfly, Anti-Crab, Anti-Gartley, Anti-Shark, Anti-Cypher, Anti-Nen Star
Additional features:
Built-in backtesting system
Pattern win-rate calculation
Flexible Stop Loss settings
Flexible Take Profit settings
Customizable pattern detection parameters
Advanced trailing stop functionality
Flexible notification system
And much more.
Below is a screenshot visually illustrating all the classic chart patterns that our indicator identifies on the chart.
This is how the 11 harmonic patterns visually appear on the chart.
10 Non-standard harmonic patterns visually represented on the chart.
🔸 XABCD are standard letters representing specific points used in forming harmonic patterns. The sequence always begins with the point X as the initial reference point, followed by points ABCD, which together complete the harmonic pattern.
These points are identified using a specialized method, scanning through thousands of potential points on the chart simultaneously. The indicator analyzes numerous potential formations, selecting and displaying only those patterns that meet specific validation criteria. This meticulous process ensures that only valid and accurate patterns appear on your chart, as illustrated in the screenshot below.
🔸 Ratio: Between the points XABCD, you’ll notice the “Ratio,” indicating the proportional relationships required between these points to correctly form harmonic patterns. The indicator displays a pattern on the chart only when these ratio conditions are precisely met, thereby maximizing accuracy and ensuring the validity of identified patterns. This aspect is clearly demonstrated in the screenshot below.
🔸 TP and SL levels: For each identified pattern, we also display recommended Take Profit (TP) and Stop Loss (SL) levels directly on the chart. Additionally, we provide a suggested entry price (Entry Level). It is important to note that entering a trade requires the price to retrace into the specified Entry Level zone. Therefore, you must wait until the price returns to this zone for the pattern to be considered fully formed and ready for entry.
Using the Butterfly pattern as an example, we’ve illustrated all the key components of a pattern. Our indicator offers extensive customization, allowing you to finely adjust everything from the acceptable Ratio ranges to Stop Loss and Take Profit levels, among many other parameters. Below, we’ll discuss the indicator’s capabilities and its customizable settings in detail.
📶 ACTIVE PATTERNS PANEL
In the screenshot above, you can see the panel displaying all active patterns currently formed on the chart, including the pattern direction, entry price, two take profit levels, and the stop loss level. This provides a quick and clear overview of the available patterns on your chart, significantly speeding up your trading process.
Additionally, you can fully customize this panel, adjusting its position, size, or even completely removing it if you prefer.
📊 PATTERN STATISTICS
The Pattern Statistics Panel displays historical performance results for all patterns. The indicator automatically performs backtesting for each pattern based on historical data, taking into account all user-defined settings. Results are conveniently presented in this panel.
This feature is highly practical as it allows you to quickly evaluate the effectiveness of each pattern directly on your chart. As a result, you can easily identify which patterns are performing best and which patterns might be less effective and therefore unsuitable for trading on the current instrument.
Furthermore, the panel organizes patterns into specific categories Classical, Harmonic, and Anti-Harmonic and separates results by trade direction (Long or Short). This helps you quickly determine the optimal trading direction for each pattern category.
⚙️ INDICATOR SETTINGS
Now, it’s time to discuss the indicator settings in detail and describe all the available options and features that you can customize according to your preferences.
🔶 Detection Settings
In the screenshot above, you see the first settings block with the following options:
FastMode – When activated, only patterns are displayed on the chart, without the results table. This significantly speeds up the pattern rendering process and makes the script run faster.
Error % – Allows you to specify a permissible deviation from the ideal XABCD parameters. By increasing this percentage, the indicator will detect more patterns, but they will deviate from the ideal ratio proportions by the percentage you’ve set.
Search Priority – Choose between “Large First” or “Small First” pattern prioritization. With “Large First,” the indicator prioritizes detecting larger patterns first; smaller patterns are only displayed if no suitable large patterns are available, and vice versa.
ZigZag Period – Determines the period for the ZigZag structure used as a foundation for pattern detection. It’s an essential parameter that directly affects the number and quality of detected patterns.
Pattern Size – Specify the desired size of patterns in terms of the number of bars on the chart.
Remove patterns older than, bars – Allows you to remove old patterns from the chart and prevent their display if they formed more than a set number of bars ago (default is 200 bars).
🔶 Entry / Target / StopLoss Settings
In the screenshot above, you can see the settings related to configuring your preferred entry points, target levels, and stop-loss strategies. Below is a detailed explanation of each option:
Trade Direction – Both / Long / Short - Choose the direction in which you want to trade. Selecting “Both” will search for patterns in both directions, while “Long” or “Short” will filter the patterns to show only those that align with the selected direction.
Entry % - This sets the entry level as a percentage of the pattern’s total size. It determines how far from the pattern’s starting point the entry will be placed.
Target 1 - Also defined as a percentage of the pattern size. This represents the distance from the entry point to the first take profit level.
Target 2 - Optionally, you can enable a second take profit level and set the percentage distance for it.
Stop-Loss Type - Choose from six different stop-loss types: Invalidation Price, Last Pivot, %, % of pattern size, Pips, or Risk/Reward ratio. Each provides flexibility depending on your trading style.
Stop-Loss SL Value - This is the specific value related to the chosen stop-loss type. For example, if you choose the “%” type, this setting will define the percentage used to place the Stop Loss level.
Using the Shark pattern as an example, let’s demonstrate how the entry, target, and stop-loss levels function. Based on the overall size of the pattern, you can input the desired percentage values for your trade entry, target, and stop-loss levels, and the indicator will automatically calculate their exact placement relative to the pattern’s structure.
You can also choose alternative stop-loss methods, such as Risk/Reward, in which case the stop-loss will be dynamically calculated based on the risk-to-reward ratio you define.
It’s also important to note that for harmonic patterns, the height of the pattern is calculated based on the segment from point C to point D. However, for the Black Swan pattern, the measurement is taken from point A to point D. This distinction should be kept in mind when configuring your stop-loss levels.
Additionally, classic patterns each have their own unique method for calculating pattern height, depending on the specific structure.
🔶 Trailing Stop Settings
These settings are designed to help improve your strategy’s results, especially if you use break-even stop-loss adjustments after reaching specific targets, which can help increase your win rate.
Move SL to Break-even after reaching Target 1 - Enabling this option will automatically move the stop-loss to the entry level (break-even) once the price hits the first target (Target 1).
Trailing Stop Type - Choose from three trailing stop types: Percentage (%), % of pattern size, Pips
Trailing Stop Value - Enter the desired value for the chosen trailing stop type. For example, if you selected %, the number entered will be treated as a percentage. If you chose Pips, it will be the number of pips for the trailing stop.
Enable Trailing Stop at reaching - This setting defines when the trailing stop should be activated. You can choose from four options: Target 1, %, % of pattern size, Pips
Trailing After Value - This works in combination with the previous setting. If you choose one of the three non-Target options, this field lets you enter the specific value that will trigger the trailing stop.
🔶 Display Settings
In the screenshot above, you can see the Display Settings section, which allows you to fully customize the visual appearance of patterns on your chart according to your preferences.
You can choose to show or hide pattern labels (XABCD), ratio values, entry/TP/SL levels, and pattern fill for better visual clarity.
Additionally, you can set the maximum number of active patterns displayed on the chart, as well as view the historical formations of any specific pattern to analyze how it appeared in past price action.
🔶 Dashboard | Pattern Table
In the screenshot above, you can see the settings for two tables: one displaying the results of each pattern , and the other showing active patterns currently on the chart. Both tables offer flexible customization options, allowing you to adjust their color schemes, sizes, and on-screen positions to best fit your workflow.
🔶 Patterns Setting
For each individual pattern, you can customize its appearance by selecting your preferred color , adjusting its transparency , or even hiding it entirely from the chart if you don’t wish to display it.
🔶 Notifications
You can easily configure notifications for various events, such as the appearance of a new pattern or when the price reaches the entry level of a trade.
Additionally, a dedicated panel allows you to use macros for advanced customization of your alerts, so you can tailor the notifications exactly to your needs and trading style.
List of Supported Placeholders:
{{event}} - Event name ('New Pattern', 'Target 1', etc.)
{{pattern}} - Pattern name ('Bat', 'Crab', etc.)
{{event_price}} - Event Price (entry price for entry event, sl price for sl event, etc.)
{{sl}} - Stop-loss price
{{entry}} - Entry Price
{{target1}}, {{target2}} - Target Prices
{{invalidation}} - Invalidation Price
{{exchange}} - Exchange ('Binance')
{{ticker}} - Ticker ('BTCUSD')
{{interval}} - Timeframe ('1s', '1', 'D')
{{open}}-{{close}}-{{high}}-{{low}} - Candle price values
{{volume}} - Candle volume
{{time}} - Candle open time in UTC timezone
{{timenow}} - Signal time in UTC timezone
{{syminfo.currency}} - 'USD' for BTCUSD pair
{{syminfo.basecurrency}} - 'BTC' for BTCUSD pair
✅ USAGE METHODS
The indicator and its patterns can be used as a standalone trading strategy, providing clear entry points, stop-loss levels, and take-profit targets - without the need for any additional tools or indicators.
However, for optimal results, we recommend integrating the indicator with your existing trading strategy. Using it as a confluence tool - alongside other technical indicators or as a complement to your fundamental analysis - can significantly enhance your decision-making and improve overall performance!
🟠 Disclaimer
Past performance is not indicative of future results. To trade successfully, it is crucial to have a thorough understanding of the market context and the specific situation at hand. Always conduct your own research and analysis before making any trading decisions.
TradeTrackerLibrary "TradeTracker"
Simple Library for tracking trades
method track(this)
tracks trade when called on every bar
Namespace types: Trade
Parameters:
this (Trade) : Trade object
Returns: current Trade object
Trade
Has the constituents to track trades generated by any method.
Fields:
id (series int)
direction (series int) : Trade direction. Positive values for long and negative values for short trades
initialEntry (series float) : Initial entry price. This value will not change even if the entry is changed in the lifecycle of the trade
entry (series float) : Updated entry price. Allows variations to initial calculated entry. Useful in cases of trailing entry.
initialStop (series float) : Initial stop. Similar to initial entry, this is the first calculated stop for the lifecycle of trade.
stop (series float) : Trailing Stop. If there is no trailing, the value will be same as that of initial trade
targets (array) : array of target values.
startBar (series int) : bar index of starting bar. Set by default when object is created. No need to alter this after that.
endBar (series int) : bar index of last bar in trade. Set by tracker on each execution
startTime (series int) : time of the start bar. Set by default when object is created. No need to alter this after that.
endTime (series int) : time of the ending bar. Updated by tracking method.
status (series int) : Integer parameter to track the status of the trade
retest (series bool) : Boolean parameter to notify if there was retest of the entry price
Clean OHLC Lines | BaksPlots clean, non-repainting OHLC lines from higher timeframes onto your chart. Ideal for tracking key price levels (open, high, low, close) with precision and minimal clutter.
Core Functionality
Clean OHLC Lines = Historical Levels + Non-Repainting Logic
• Uses lookahead=on to anchor historical lines, ensuring no repainting.
• Displays OHLC lines for customizable timeframes (15min to Monthly).
• Optional candlestick boxes for visual context.
Key Features
• Multi-Timeframe OHLC:
Plot lines from 15min, 30min, 1H, 4H, Daily, Weekly, or Monthly timeframes.
• Non-Repainting Logic:
Historical lines remain static and never recalculate.
• Customizable Styles:
Adjust colors, line widths (1px-4px), and transparency for high/low/open/close lines.
• Candle Display:
Toggle candlestick boxes with bull/bear colors and adjustable borders.
• Past Lines Limit:
Control how many historical lines are displayed (1-500 bars).
User Inputs
• Timeframe:
Select the OHLC timeframe (e.g., "D" for daily).
• # Past Lines:
Limit historical lines to avoid overcrowding (default: 10).
• H/L Mode:
Draw high/low lines from the current or previous period.
• O/C Mode:
Anchor open/close lines to today’s open or yesterday’s close.
• Line Styles:
Customize colors, transparency, and styles (solid/dotted/dashed).
• Candle Display:
Toggle boxes/wicks and adjust bull/bear colors.
Important Notes
⚠️ Alignment:
• Monthly/weekly timeframes use fixed approximations (30d/7d).
• For accuracy, ensure your chart’s timeframe ≤ the selected OHLC timeframe (e.g., use 1H chart for daily lines).
⚠️ Performance:
• Reduce # Past Lines on low-end devices for smoother performance.
Risk Disclaimer
Trading involves risk. OHLC lines reflect historical price levels and do not predict future behavior. Use with other tools and risk management.
Open-Source Notice
This script is open-source under the Mozilla Public License 2.0. Modify or improve it freely, but republishing must follow TradingView’s House Rules.
📈 Happy trading!
Multi Timeframe Market Formation [LuxAlgo]The Multi Timeframe Market Formation tool allows traders to analyze up to 6 different timeframes simultaneously to discover their current formation, S/R levels and their degree of synchronization with the current chart timeframe. Multi timeframe analysis made easy.
🔶 USAGE
By default, the tool displays the chart's timeframe formation plus up to 5 other formations on timeframes higher than the one in the chart.
When the chart formation is synchronized with any enabled timeframe formation, the tool displays labels and a trailing channel, it uses a gradient by default, so the more timeframes are synchronized, the more visible the labels and the trailing channel are.
All timeframes enabled in the settings panel must be higher than the chart timeframe, otherwise the tool will display an error message.
🔹 Formations
A formation is a market structure defined by a lower and an upper boundary (also known as support & resistance).
Each formation has a different symbol and color to identify it at a glance.
It helps traders to know the current market behavior and the tool displays up to 5 of them.
BULLISH (green ▲): higher high and higher low
BEARISH (red ▼): lower high and lower low
CONTRACTION (orange ◀): lower high and higher low
EXPANSION (blue ▶): higher high and lower low
SIDEWAYS (yellow ◀): Any that does not fit with the others
🔹 Multi Timeframe Formations
The tool displays up to 6 different timeframe formations, the chart timeframe plus 5 more configurable from the settings panel.
Each of them has an upper and lower limit, a timeframe, a color and an icon.
If a bound level is shared by more than one formation, the timeframes and symbols are displayed on the same line.
These are significant levels shared by different timeframes and traders need to be aware of them.
🔹 Sync With Chart Timeframe
If the current formation on the chart timeframe is in sync with any of the timeframes enabled in the settings panel, the tool will display this on the chart.
The more timeframes are in sync, the more they are visible, providing a clear visual representation of the common market behavior on multiple timeframes at the same time.
🔶 SETTINGS
Formation size: Size of market formations on the chart timeframe
🔹 Timeframes
TF1 to TF5: Activate/deactivate timeframe, set size of market formation and activate/deactivate high and low levels
🔹 Style
Show Labels: Enable/Disable Timeframe Sync Labels
Transparency Gradient: Enable/Disable Transparency Gradient
Show Trailing Channel | Multiplier: Enable/Disable Trailing Channel and set multiplier
Color for each formation
Max/Min LevelsHighlights highs and lows that match the search criteria. A high is considered to be broken if the candlestick breaks through its shadow
A three-candlestick pattern will match the parameters:
Candle before - 1
Candle after - 1
A five-candlestick pattern will match the parameters:
Candle before - 2
Candle after - 2
