Zen 3CSC bars V1

1. Feb. 2024

This indicator helps identify consecutive sets of 3 bars for research.
This can help with opening pattern trading.
it is also useful for identifying 3-bar pullbacks in trends for the beginning of trading ranges.

15. Okt. 2024

Versionshinweise

Update so works on HTF

16. Nov. 2024

Versionshinweise

Zen 3CSC Bars V2 - New Feature Update!

The latest version of the Zen 3CSC Bars V3 indicator now includes optional gap highlighting. This feature identifies gaps in price action:

Bullish Gaps: When the low of the current bar is higher than the high two bars ago.

Bearish Gaps: When the high of the current bar is lower than the low two bars ago.

Through the settings, you can enable or disable gap highlighting and customize the colors for better visualization. As always, the indicator remains a powerful tool for tracking consecutive bull and bear bars.

Update your charts and try it out! 🚀

10. Juli

Versionshinweise

**Update Description:**
This update adds a fully transparent EMA20 and a new optional feature: “Identify Counter Trend Setups” (enabled by default). When active, the script will only highlight sequences of 3 consecutive bull bars that close below the EMA, or 3 consecutive bear bars that close above it—potential early signals of exhaustion or counter-trend opportunities.

This feature is designed to support traders conducting research into momentum reversal behavior. By visually filtering for potential counter-trend sequences, it enables clearer study of follow-through, failure, and continuation patterns around key moving average levels—without cluttering the chart. All elements remain compliant with TradingView’s policy on educational and non-recommendation-based tools.

18. Juli

Versionshinweise

Updates for max number of bars for higher sets - ie 5 CSC, 7 CSC bars