StO Price Action - QMR

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Short Summary
- Visualizes Quasimodo reversal patterns on the chart
- Supports long and short QM structures from selectable timeframes
- Clean structural overlay with optional alerts

Full Description

Overview
- Plots confirmed QM patterns as structural reference levels
- QM can be sourced from the chart or higher timeframes
- Designed for market structure and reversal analysis

Visualization
- Higher-timeframe QM is projected onto lower charts
- Separate toggles for QM Long and QM Short
- Individual colors for bullish and bearish QM
- Adjustable line style and width

Detection Logic
- Two algorithms:
- Direct (strict structure)
- Space (more tolerance between points)
- Helps balance precision and noise reduction

Alerts
- Alerts for QM Long and QM Short patterns
- Triggered on new confirmed structures

Usage
- Use as a structural and reversal reference
- Best combined with liquidity and market structure approaches

Notes
- Non-repainting or extending after confirmation
- Not a standalone signal indicator

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Versionshinweise

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