SequencerLibrary

7. Okt.

Library "SequencerLibrary"
SequencerLibrary v1 is a Pine Script™ library for identifying, tracking, and visualizing
sequential bullish and bearish patterns on price charts.

It provides a complete framework for building sequence-based trading systems, including:
• Automatic detection and counting of setup and countdown phases.
• Real-time tracking of completion states, perfected setups, and exhaustion signals.
• Dynamic support and resistance thresholds derived from recent price structure.
• Customizable visual highlighting for both setup and countdown sequences.

method doSequence(s, src, config, condition)
  Updates the sequence state based on the source value, and user configuration.
  Namespace types: Sequence
  Parameters:
    s (Sequence): <Sequence> The sequence object containing bullish and bearish setups.
    src (float): <float> The source value (e.g., close price) used for evaluating sequence conditions.
    config (SequenceInputs): <SequenceInputs> The user-defined settings for sequence analysis.
    condition (bool): <bool> When true, executes the sequence logic.
  Returns: <void>

highlight(s, css, condition)
  Highlights the bullish and bearish sequence setups and countdowns on the chart.
  Parameters:
    s (Sequence): <Sequence> The sequence object containing bullish and bearish sequence states.
    css (SequenceCSS): <SequenceCSS> The styling configuration for customizing label appearances.
    condition (bool): <bool> When true, the function creates and displays labels for setups and countdowns.
  Returns: <void>

SequenceState
  A type representing the configuration and state of a sequence setup.
  Fields:
    setup (series int): <int> Current count of the setup phase (e.g., how many bars have met the setup criteria).
    countdown (series int): <int> Current count of the countdown phase (e.g., bars meeting countdown criteria).
    threshold (series float): <float> The price threshold level used as support/resistance for the sequence.
    priceWhenCompleted (series float): <float> The closing price when the setup or countdown phase is completed.
    indicatorWhenCompleted (series float): <float> The indicator value when the setup or countdown phase is completed.
    setupCompleted (series bool): <bool> Indicates if the setup phase has been completed (i.e., reached the required count).
    countdownCompleted (series bool): <bool> Indicates if the countdown phase has been completed (i.e., reached exhaustion).
    perfected (series bool): <bool> Indicates if the setup meets the "perfected" condition (e.g., aligns with strict criteria).
    highlightSetup (series bool): <bool> Determines whether the setup phase should be visually highlighted on the chart.
    highlightCountdown (series bool): <bool> Determines whether the countdown phase should be visually highlighted on the chart.

Sequence
  A type containing bullish and bearish sequence setups.
  Fields:
    bullish (SequenceState): <SequenceState> Configuration and state for bullish sequences.
    bearish (SequenceState): <SequenceState> Configuration and state for bearish sequences.

SequenceInputs
  A type for user-configurable input settings for sequence-based analysis.
  Fields:
    showSetup (series bool): <bool> Enables or disables the display of setup sequences.
    showCountdown (series bool): <bool> Enables or disables the display of countdown sequences.
    setupFilter (series string): <string> A comma‐separated string containing setup sequence counts to be highlighted (e.g., "1,2,3,4,5,6,7,8,9").
    countdownFilter (series string): <string> A comma‐separated string containing countdown sequence counts to be highlighted (e.g., "1,2,3,4,5,6,7,8,9,10,11,12,13").
    lookbackSetup (series int): <int> Defines the lookback period for evaluating setup conditions (default: 4 bars).
    lookbackCountdown (series int): <int> Defines the lookback period for evaluating countdown conditions (default: 2 bars).
    lookbackSetupPerfected (series int): <int> Defines the lookback period to determine a perfected setup condition (default: 6 bars).
    maxSetup (series int): <int> The maximum count required to complete a setup phase (default: 9).
    maxCountdown (series int): <int> The maximum count required to complete a countdown phase (default: 13).

SequenceCSS
  A type defining the visual styling options for sequence labels.
  Fields:
    bullish (series color): <color> Color used for bullish sequence labels.
    bearish (series color): <color> Color used for bearish sequence labels.
    imperfect (series color): <color> Color used for labels representing imperfect sequences.

21. Okt.

Versionshinweise

Changelog SequencerLibrary

v2 (2025-10-21)

Added:
Inputs
  A type for historical price data arrays used in sequence calculations, enabling multi-timeframe (HTF) support.
  Fields:
    src (array<float>): <array<float>> Array of historical source values (e.g., close or ohlc4 prices), where index 0 is the current bar.
    lows (array<float>): <array<float>> Array of historical low prices, aligned with src (index 0 is current low).
    highs (array<float>): <array<float>> Array of historical high prices, aligned with src (index 0 is current high).

Updated:
method doSequence(s, i, config, condition)
  Updates the sequence state based on historical price arrays and user configuration.
  Namespace types: Sequence
  Parameters:
    s (Sequence): <Sequence> The sequence object containing bullish and bearish setups.
    i (Inputs): <Inputs> Historical price data arrays (src, lows, highs) for evaluating sequence conditions, including lookbacks and thresholds.
    config (SequenceInputs): <SequenceInputs> The user-defined settings for sequence analysis.
    condition (bool): <bool> When true, executes the sequence logic.
  Returns: <void>

21. Okt.

Versionshinweise

v3

Added:
isHtfClosingBar(htfTf)
  Checks whether the current bar coincides with the closing bar of a higher timeframe.
  Parameters:
    htfTf (string): <string> The higher timeframe to check against (e.g. "1H", "4H", "1D").
  Returns: <bool> True if the current bar is confirmed and its close time matches the close time
of the higher timeframe bar. False otherwise.