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[GYTS-CE] Pattern Texture Codex (PTC)Pattern Texture Codex (Community Edition) 🌸 Part of GoemonYae Trading System (GYTS) 🌸 🌸 --------- INTRODUCTION --------- 🌸 💮 What is the Pattern Texture Codex? Standard technical analysis focuses on two dimensions: Amplitude (how far price moves) and Momentum (how fast price moves). The Pattern Texture Codex introduces a third: Structure (how price moves). This indicator implements Permutation Entropy (PE), a complexity measure from dynamical systems theory that captures whether price evolves in structured patterns or chaotic noise. We call this "Market Texture": 🫧 Smooth Texture (Low Entropy): Price evolves in ordered, predictable patterns. Trends are durable and causality is high. Momentum strategies favoured. 🌵 Rough Texture (High Entropy): Price evolves chaotically. The market is noisy, trends are fragile. Mean reversion or defensive sizing recommended. 💮 Why Use This Indicator? Most "entropy" indicators on TradingView fall into common traps: Shannon entropy of price histograms — measures value distribution but ignores temporal sequence Approximate Entropy (ApEn) — measures amplitude similarity with O(N²) computational cost Volatility metrics labelled "entropy" — captures magnitude, not pattern structure Mathematical errors — normalised values that don't form valid probability distributions The Pattern Texture Codex provides true ordinal pattern analysis — it examines the sequence of price movements, not just their distribution or magnitude. A smooth uptrend and choppy consolidation may have identical volatility, but their texture is completely different. ↑ Pattern Texture Codex with dynamic threshold bands. Rough Texture (high entropy) often indicates reversals, while Smooth Texture (low entropy) often precedes trend continuation. 🌸 --------- HOW IT WORKS --------- 🌸 💮 Core Concept: Ordinal Patterns Instead of analysing raw price values, Permutation Entropy converts price into ordinal patterns — the relative ordering of consecutive data points. For example, with embedding dimension D=3 (three points per pattern): Pattern "012": first < second < third → ascending Pattern "210": first > second > third → descending Pattern "102": middle value smallest → valley shape The indicator counts how often each pattern appears over a lookback window, then calculates the Shannon entropy of this distribution. ↑ With D=3, three consecutive data points determine each pattern. Left: ascending pattern "012" (first point smallest, second middle, third greatest). Right: descending pattern "210" (first point greatest, second middle, third smallest). 💮 Calculation Overview The normalised Permutation Entropy is computed as: H = −∑ p(π) · ln(p(π)) / ln(D!) Where: • p(π) is the probability of each ordinal pattern π • D is the embedding dimension (number of points per pattern) • D! is the total possible patterns (e.g., 4! = 24 for D=4) The result ranges from 0 to 1: • H → 0 : One pattern dominates — highly structured, predictable • H → 1 : All patterns equally likely — pure randomness ↑ Full calculation example at D=3 showing the lowest entropy point (green vertical line). With 3!=6 possible patterns, the monotonic rising pattern "012" dominates while three other patterns occur only once. The frequency column feeds into the entropy contribution formula, yielding H(3)=1.039. Normalising produces 0.4019 — matching the indicator output exactly. 💮 Theoretical Background Permutation Entropy has deep theoretical foundations. For piecewise monotone maps, it converges to the Kolmogorov-Sinai entropy — the fundamental measure of chaos in dynamical systems. Key scientific properties: • Scale invariance — analyses rank orderings, invariant to monotonic transformations • Noise robustness — ordinal encoding naturally filters high-frequency noise • Computational efficiency — O(1) amortised per bar with lookup acceleration • Micro-structure sensitivity — captures specific sequence patterns, not just distribution 🌸 --------- KEY FEATURES --------- 🌸 💮 Lookup Table Acceleration Standard PE requires sorting each embedding vector — O(D log D) operations per bar. This implementation uses precomputed transition tables from Unakafova & Keller (2013), reducing complexity to O(D) per bar. The key insight: successive ordinal patterns in overlapping windows share (D−1) data points. Rather than recomputing from scratch, the algorithm derives the new pattern from the previous one using a single table lookup. Enabled by default for Delay=1 and Dimension ∈ {3, 4, 5} Falls back to standard calculation for D=2, D=6 💮 Flexible Threshold Modes The indicator supports four independent threshold modes for both Smooth and Rough detection: Static — Fixed threshold values you define Dynamic — Adaptive bands based on entropy baseline ± standard deviation Percentile — Threshold at Nth percentile of recent entropy history Disabled — No threshold for that direction You can mix modes: for example, Dynamic for Smooth detection while using Percentile for Rough detection. 🌸 --------- CONFIGURATION --------- 🌸 💮 General Settings • Source — Price series to analyse (default: close) • Smoothing Critical Period — Smoothing via 2-pole Ultimate Smoother (default: 0 = disabled). Reveals underlying texture by filtering entropy noise. 💮 Entropy Calculation Dimension (D) — Points per ordinal pattern: • D=3: 6 patterns — fast, stable. Good for limited lookback. • D=4: 24 patterns — balanced, captures V-reversals. Recommended. • D=5: 120 patterns — sensitive, captures W/M patterns. Noisier. • D=6: 720 patterns — maximum sensitivity. No lookup acceleration. Lookback — Estimation window size. Hard minimum: D × 5. Statistical recommendation: 5 × D! (e.g., 120 for D=4). Default: 100. Delay (τ) — Stride between points in each pattern (default: 1). Change only for oversampled data. Lookup Acceleration — Enables transition tables for D ∈ {3, 4, 5} with Delay=1. 💮 Threshold Management Rough/Smooth Mode — Static, Dynamic, Percentile, or Disabled for each threshold Static Values — Fixed threshold when Static mode selected Std Dev Multiplier — Band width for Dynamic mode (default: 2.0σ) Baseline/Deviation Length — Lookback for Dynamic mode calculations Percentile Settings — Lookback and percentile values for Percentile mode 💮 Visualisation & Alerts Palette — Colour scheme (default: GYTS Purple) Colouring Bars — Applies texture colours to chart candles Dark Mode — Optimises colour intensity for dark backgrounds Alerts — Triggers when entropy crosses above/below thresholds 🌸 --------- USAGE GUIDE --------- 🌸 💮 Getting Started Apply the indicator with default settings: • Dimension: 4 (balanced complexity, captures V-shaped reversals) • Lookback: 100 (responsive; statistical ideal: ≥120 for 5× coverage) • Smooth Threshold: Dynamic mode with 2.0σ multiplier Observe how entropy rises during choppy consolidation and falls during clean trends. 💮 Interpretation Entropy Value (0 to 1): Below 0.6: Strong pattern dominance — highly ordered 0.7–0.9: Normal complexity — typical market behaviour Above 0.95: Near-random — patterns uniformly distributed Transitions: Watch for regime changes. When entropy rises sharply after a prolonged smooth period, the trend may be losing coherence. When entropy falls from elevated levels, a new trend may be establishing. ↑ Texture transitions during a trend-to-consolidation regime change. During the uptrend, similar patterns (D=3) recur frequently and entropy decreases. As the market transitions to consolidation, entropy rises — signalling the trend is losing structure. 💮 Trading Applications Trend Filtering — Only take trend-following signals during Smooth texture. Mean Reversion Timing — Elevated entropy often precedes mean reversion. Position Sizing — Reduce exposure during Rough texture. Exit Management — Tighten stops when entropy rises during a position. 💮 Integration with GYTS Suite The Pattern Texture Codex exports two signals: PE Continuous — Raw entropy value (0 to 1) PE Ternary — State signal (+1 = Rough, 0 = Neutral, −1 = Smooth) These can be read by Flux Composer or used as filter conditions with Market Regime Detector . 🌸 --------- PARAMETER TUNING --------- 🌸 💮 Lookback Selection Shorter lookbacks react faster but may produce unstable estimates: 50–100: Responsive. Good for intraday regime detection. 100–200: Balanced. Recommended for swing trading. 200–500: Stable. Better for position trading or noisy instruments. The indicator enforces a hard minimum of D × 5 to prevent meaningless output. ↑ Three dimensions (D=3, D=4, D=5) with their academically recommended minimum lookback periods. 💮 Threshold Tuning For Smooth Detection: Dynamic mode with 2.0σ works well across most instruments. Lower multipliers (1.5σ) detect structure earlier but may false-trigger. For Rough Detection: Percentile mode at 90th percentile identifies only extreme chaos. Static threshold of 0.95+ focuses on near-random conditions. Consider disabling Rough detection entirely if your strategy only cares about identifying structured trends. ↑ The three threshold modes on the same PTC calculation. Both upper and lower thresholds are independently configurable. 🌸 --------- LIMITATIONS --------- 🌸 Amplitude Blindness — PE treats all patterns equally regardless of magnitude. A 0.1% drift and a 10% crash produce identical entropy if their ordinal patterns match. Equal Values (Ties) — Handled via temporal tie-breaking (recent values rank higher), but heavily discretised data may produce edge-case behaviour. Sample Size Requirements — Very short lookbacks (below D × 5) produce unreliable estimates. Statistical reliability improves with larger samples. Not Predictive Alone — Low entropy indicates structure exists, not that the trend will continue. Combine with directional analysis for trading decisions. Lag During Transitions — The sliding window approach introduces inherent lag when market texture changes. 🌸 --------- CREDITS --------- 🌸 💮 Academic Sources Bandt, C., & Pompe, B. (2002). Permutation entropy: A natural complexity measure for time series. Physical Review Letters, 88 (17), 174102. DOI Unakafova, V., & Keller, K. (2013). Efficiently measuring complexity on the basis of real-world data. Entropy, 15 (10), 4392-4415. DOI Ehlers, J. F. (2024). The Ultimate Smoother. Technical Analysis of Stocks & Commodities , 2024-04. TASC 💮 Libraries Used FiltersToolkit — Ultimate Smoother and other curated filters PatternTransitionTables — Precomputed lookup tables for O(1) pattern transitions ColourUtilities — Gradient palette generation and colour management
Pine Script® Indikator
von GoemonYae
Wick Absorption Reversal Planner [AGPro Series]Wick Absorption Reversal Planner 🧠 Core Idea Is an extended wick showing absorption, and did the candle body reclaim enough structure to treat the reversal context seriously? 📌 Overview / What it does Wick Absorption Reversal Planner maps extended wick reactions as absorption pockets and evaluates whether price can reclaim the body rail after that reaction. The script displays a wick absorption pocket, body reclaim rail, failure shelf, room reference, event labels, right-side tags, optional bar coloring, and a compact AG Pro dashboard with a 0-100 reversal score. It does not predict reversals. It helps organize wick absorption, body reclaim quality, pressure, room, invalidation, and action state. 🎯 Purpose & Design Philosophy Many candle tools label rejection candles, engulfing candles, or generic wick events. This script was built for the next layer: whether the wick reaction is being absorbed and whether the candle body can reclaim the important zone afterward. It helps traders separate random wick noise from a structured absorption pocket with a body reclaim rail and failure logic. ⚡ Why This Script Is Different Most wick indicators focus on the wick itself. This script does NOT treat every long wick as a reversal signal. Instead, it maps the wick pocket, checks body reclaim, measures pressure and room, and gives a clear action state. The goal is interpretation, not prediction. ⚙️ Methodology 1. Wick Absorption Detection The script checks upper and lower wick size relative to ATR and total candle range. 2. Context Mapping The wick is compared with recent structure to avoid treating every isolated candle as meaningful. 3. Body Reclaim Evaluation After a wick absorption pocket is detected, the body reclaim rail becomes the key threshold for reversal planning. 4. Visual Output The chart receives the wick pocket, body reclaim rail, failure shelf, room rail, labels, right-side tags, optional bar coloring, and dashboard panel. 🗺️ How to Read the Chart The wick absorption pocket marks the area created by the extended wick reaction. The body reclaim rail shows the level price needs to recover for the reversal context to improve. The failure shelf marks where the absorption context fails. The room rail marks the nearest structure reference in the reversal direction. Labels highlight wick absorption, body reclaim, pocket pressure, room tests, and absorption failure. Colors represent context: • Teal → bullish wick absorption • Pink → bearish wick absorption or failure • Gold → room reference or waiting context • Indigo → pocket pressure or monitoring context The panel summarizes: • Pocket • Reversal Score • Pressure • Room • Action 🚦 Signals & States • Bull Wick Absorption → lower wick absorption pocket detected • Bear Wick Absorption → upper wick absorption pocket detected • Body Reclaim → price reclaimed the body rail after absorption • Pocket Pressure → price is testing the wick pocket without clean reclaim • Room Test → price reached the active room reference • Absorption Failed → price crossed the failure shelf • READY → body reclaim and score quality are strong enough to monitor • MONITOR → pocket or reclaim context is active but not fully ready • WAIT → no strong active context exists • INVALIDATED → the wick absorption context failed • EXPIRED → the pocket is too old to remain active 🔔 Alerts Logic Alerts can trigger when a bullish or bearish wick absorption pocket appears, when body reclaim appears, when READY state appears, when pocket pressure appears, when the room rail is reached, or when absorption fails. Alerts are attention markers only. They are not trade instructions. 🧩 Confluence Logic The context becomes stronger when wick size, wick-to-range ratio, structural location, participation, body reclaim, and room align. For example, a lower wick into recent structure followed by body reclaim and available room is more useful than a random wick in the middle of noisy price action. 📊 When to Use • Reversal watch areas after extended wicks • Support/resistance reactions with visible rejection • Pullbacks where wick absorption may matter • Failed breakdown or failed breakout reactions • Liquid symbols with readable candles and stable spreads • 1h, 4h, and 1D charts where wick structure is visible ⚠️ When NOT to Use • Very low-liquidity markets • Symbols with unreliable candle structure • Random spike candles from illiquid prints • News candles with unstable spreads • Extremely noisy ranges where every candle has exaggerated wicks 🎛️ Key Inputs • ATR Length → controls normalization for wick size and visual spacing • Wick Context Lookback → controls structural comparison • Minimum Wick ATR → controls required wick size • Minimum Wick / Range → controls required wick dominance inside the candle • Minimum Relative Volume → filters very thin wick reactions • Body Reclaim Buffer ATR → controls the reclaim rail threshold • Failure Buffer ATR → controls where absorption fails • Room Lookback → controls the room reference • Visual settings → control pocket, rails, labels, tags, panel, and bar colors 🖥️ Interface & Visual Design The visual hierarchy is designed around the wick pocket first, then the reclaim rail. The pocket defines the reaction, the body reclaim rail defines improvement, the failure shelf defines risk, and the panel gives a quick state read. The goal is a premium wick absorption map without turning the chart into a generic candle-label board. 🧪 Practical Usage Workflow 1. Check whether a wick absorption pocket is active 2. Read the reversal score and action state 3. Inspect the body reclaim rail 4. Compare pocket pressure with room 5. Watch the failure shelf 6. Confirm the context with broader structure and timeframe alignment 🔍 Interpretation Guidelines A wick absorption pocket means the candle showed a meaningful wick reaction in context. Body reclaim means price recovered the reclaim rail after the wick reaction. READY means the rule-based context has enough quality to monitor. Room is a reference for structure, not a promised target. 🚫 What This Script Is NOT This script is not a prediction engine. It is not a guaranteed reversal system. It is not a generic candle pattern detector. It is not a volume absorption zone engine. It is not an automated trading tool. It does not provide financial advice. It does not guarantee reversal, continuation, profit, or a specific target. ⚠️ Limitations & Transparency Wick behavior depends on market structure, liquidity, volatility, session conditions, and timeframe. Some long wicks are random noise. Some absorption pockets may fail quickly. The score is a rule-based context score, not a certainty model. 🧠 Market Context Notes Wicks can show rejection, absorption, stop activity, or simply noise. The key question is whether price can reclaim the body rail after the wick event. Use the pocket as context, not as confirmation by itself. 🧾 Use Case Examples When price prints a long lower wick into recent structure, the script can map a bullish wick absorption pocket. If price later reclaims the body rail, the script marks body reclaim and updates the panel state. If price loses the failure shelf, the script marks absorption failure. 🧱 System Philosophy This script follows the AGPro Series approach: turn a familiar chart behavior into a structured decision-support map. The focus is not prediction. The focus is wick context, body reclaim, pressure, room, invalidation awareness, and visual clarity. 🔐 Non-Promise Statement No script can remove uncertainty from markets. This tool does not promise accuracy, profitability, or future price movement. Its purpose is to organize wick absorption context so the user can interpret the chart more clearly. 📉 Risk Disclosure Trading involves risk. Market conditions can change quickly, and any analytical output can fail. Users are responsible for their own decisions, risk management, and trade execution. This script is for educational and analytical purposes only and does not provide financial advice. 📚 Educational Note Do not read a wick by itself. The strongest reads usually come when wick absorption, body reclaim, structure, participation, and room align.
Pine Script® Indikator
von AGProLabs
Channel Breakout [EXCAVO]Automatic Convergent Channel Detection with Multi-Filter Breakout Confirmation The Channel Breakout automatically detects convergent channel patterns — wedges, flags, and triangles — by fitting trendlines through confirmed swing pivots on both boundaries simultaneously. When price breaks out with volume and momentum confirmation, the indicator signals the direction with colored channel lines and an entry label on the breakout candle. This is not a basic highest/lowest channel. The boundaries are built from verified pivot points, and a convergence filter ensures only genuinely contracting channels qualify — expanding ranges and sideways boxes are excluded. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ▸ HOW TO USE Step 1 → Add the indicator. It begins scanning for convergent channel patterns using swing pivots on the current timeframe. Step 2 → Wait for a channel to form. The indicator draws the upper and lower boundary lines in blue while price remains inside. Step 3 → Watch for the breakout signal. When price closes beyond either boundary with confirmation, channel lines turn blue (bull) or red (bear), and an arrow label appears on the breakout candle. Step 4 → Check the dashboard. It shows the current pattern state, breakout strength (Strong / Medium / Weak), and the directional bias score that built up while price was inside the channel. Step 5 → Read the strength rating. Strong breakouts combine high volume, deep body penetration, and RSI alignment. Weak breakouts show fewer confirming factors and may warrant additional analysis. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ▸ HOW IT CALCULATES ◆ Pivot Detection Swing highs and lows are identified with ta.pivothigh / ta.pivotlow using a configurable lookback (Pivot Detection Length, default 5 bars each side). Only confirmed, closed pivots are used — no repainting. All recent pivots within the Max Channel Width lookback are stored and passed to the trendline fitting engine. ◆ Best-Fit Trendline Algorithm For the upper boundary, the engine tests every pair of stored pivot highs (a, b). For each candidate line through (a, b), it counts how many other pivot highs lie within ATR × Touch Tolerance of the line while no pivot exceeds it by more than ATR × Max Deviation. The line with the most qualifying touches becomes the upper boundary. The same process runs independently for pivot lows to find the lower boundary. Both boundaries must exist with at least Min Touches (default 2) to form a valid channel. ◆ Convergence Filter Once both boundaries are found, the engine measures channel width at the earliest shared bar (widthStart) and at the current bar (widthNow): convRate = 1 − (widthNow / widthStart) A channel is only accepted when convRate >= Min Convergence Rate (default 0.02). This rejects expanding wedges and flat ranges, keeping only contracting patterns. ◆ Breakout Detection and Strength Score On each confirmed bar close, the engine projects both boundary lines to the current bar. A bull breakout fires when close > upper boundary; a bear breakout when close < lower boundary. The breakout strength score blends five components: penetration depth relative to ATR (25%), candle body ratio (15%), body commitment relative to the broken boundary (15%), volume vs SMA-20 spike (25%), and RSI alignment above/below 50 (20%). Score >= 65 = Strong, >= 35 = Medium, < 35 = Weak. ◆ Confirmation Filters Three optional filters gate the breakout signal. Volume Spike Multiplier requires the breakout bar's volume to exceed 20-bar SMA by a configurable factor. Volume Contraction Filter requires that average volume inside the channel was lower than before the channel formed — confirming energy compression. Momentum Confirmation requires RSI > 50 for bull breakouts and RSI < 50 for bear breakouts. Any filter can be disabled for forex or low-volume instruments. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ▸ WHAT MAKES IT DIFFERENT ◆ Pivot-Confirmed Boundaries Most auto-channel scripts use ta.highest / ta.lowest, which anchors lines to the highest wick in a window regardless of pattern shape. This indicator builds boundaries only through confirmed swing pivot points, the same anchor logic a trader would use when drawing manually. ◆ Convergence-Only Filter The convRate filter rejects any channel that is not actively narrowing. Sideways ranges, expanding wedges, and parallel channels are all excluded. Only patterns where price is compressing toward a decision point qualify. ◆ Best-Fit Touch Counting The engine evaluates every pair of pivots and selects the line with the highest touch count, not just the first two pivots it finds. A channel supported by four touches is stronger than one supported by two, and the algorithm reflects that by preferring denser confirmation. ◆ Multi-Component Strength Score The breakout strength is not a simple volume check. It combines five independent signals — penetration depth, body ratio, body commitment relative to the broken level, volume spike, and momentum direction — into a single 0-100 score that classifies the breakout as Strong, Medium, or Weak. ◆ Directional Bias Score While price is inside the channel, the dashboard tracks a real-time directional bias built from channel slope (35%), RSI deviation from 50 (35%), and price position within the channel range (30%). This gives a probabilistic lean on which side of the channel is more likely to break before the signal fires. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ▸ DASHBOARD Real-time panel (top right) with key state metrics: Status - Active (channel forming) / Bull Breakout / Bear Breakout / Scanning Direction - directional bias with arrow and % while channel is active (e.g. ▲ 64%); BULLISH or BEARISH after breakout Strength - Strong / Medium / Weak (breakout strength score); — while channel is forming Convergence - narrowing rate of the active channel in %; — when no channel Legend table (bottom left) explains every visual element. Toggle in Dashboard settings. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ▸ SETTINGS Main Settings Pivot Detection Length - 5 (bars left/right for swing pivot confirmation; lower = more sensitive) Min Touches per Boundary - 2 (minimum pivot touches required per trendline) Max Channel Width (bars) - 120 (maximum lookback for channel search) Min Convergence Rate - 0.02 (minimum narrowing ratio; higher = stricter contraction) Filters Volume Spike Mult - 1.2 (breakout bar volume vs SMA-20; set 0.5 to disable on forex) Volume Contraction Filter - ON (require declining volume inside the channel) Momentum Confirmation - ON (RSI > 50 for bull, < 50 for bear) Visual Show Channel Patterns - ON (draw boundary lines) Show Pattern Background - OFF (subtle bgcolor while inside active channel) Channel Lines Line Width - 2 (boundary line thickness; 1-4) Risk Management Show Entry Labels - ON (arrow label on the breakout candle) Dashboard Show Dashboard - ON Position - Top Right (Top Left / Top Right / Bottom Left / Bottom Right) Font Size - Small (Small / Normal) Advanced Touch Tolerance (ATR) - 0.15 (pivot distance to count as a touch; 0.10-0.25) Max Deviation (ATR) - 0.30 (maximum pivot overshoot from the line) Min Channel Width (ATR) - 0.5 (minimum channel width filter) Alerts JSON Alerts - OFF (structured JSON payload for 3Commas, Wunderbit, and similar bots) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ▸ ALERTS Bull Breakout - price closes above the upper channel boundary with confirmation Bear Breakout - price closes below the lower channel boundary with confirmation Any Breakout - either direction; use for a single alert covering both signals New Pattern - a new convergent channel has been detected and is now active ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Best regards, EXCAVO Disclaimer Trading involves significant risk. This indicator is a technical analysis tool and does not constitute financial advice, investment recommendations, or a guarantee of future results. Past indicator behavior does not guarantee future performance. Always use proper risk management and your own judgment.
Pine Script® Indikator
von EXCAVO
Quasimodo Reversal Zones [AGPro Series]Quasimodo Reversal Zones 🔹 OVERVIEW Quasimodo Reversal Zones is a focused Smart Money Concepts tool built around one specific idea: the Quasimodo reversal pattern. Instead of turning the chart into a crowded market-structure dashboard, this script identifies confirmed QM swing sequences, marks the original shoulder-derived QM level, projects a clean reaction zone, and tracks the invalidation threshold from the head. The goal is simple: help traders see where a valid Quasimodo structure formed, where price may revisit the QM level, whether the reaction zone is active, and when the structure has failed. It is designed as a premium public-free AGPro tool for traders who want a clean, visual, and selective Quasimodo framework without generic signal clutter. 🔹 WHAT MAKES IT DIFFERENT Most reversal tools try to detect too many patterns at the same time. They often combine double tops, double bottoms, head and shoulders, order blocks, BOS, CHOCH, liquidity sweeps, and support/resistance zones into one heavy overlay. Quasimodo Reversal Zones stays intentionally narrow. Its only job is to map Quasimodo reversal structures with quality scoring, reaction-zone tracking, and invalidation logic. This makes the script easier to read, easier to trust visually, and more useful as a dedicated QM layer inside a larger trading workflow. The script also avoids marking every small pivot as a pattern. A valid QM structure must pass multiple filters: - confirmed swing sequence, - meaningful head extension, - displacement beyond the pullback swing, - minimum spacing between pivots, - swing amplitude quality, - time-balance evaluation, - optional relative-volume participation. This gives the tool a more selective and professional feel than simple pivot-label scripts. 🧭 WHY THIS DOES NOT OVERLAP WITH OTHER AGPRO TOOLS This script was designed to stay in a very specific lane inside the AGPro Series catalog. It is not a broad reversal-pattern scanner. It is not a BOS or CHOCH dashboard. It is not an order block tool. It is not a generic support/resistance zone engine. It is not a liquidity sweep module. Its focus is the Quasimodo pattern only. The visual logic is built around four QM-specific components: - the shoulder, - the head, - the QM level, - the reaction zone with invalidation. That narrow structure keeps the tool differentiated from broader AGPro pattern, breakout, structure, and zone-based scripts while still giving traders a strong SMC-style visual experience. ⚙️ METHODOLOGY The script uses confirmed swing pivots to build a four-step Quasimodo sequence. For a bullish QM structure, the script looks for: - an initial swing low, - a swing high, - a lower low that forms the head, - a higher high that confirms the sequence break. For a bearish QM structure, the script looks for: - an initial swing high, - a swing low, - a higher high that forms the head, - a lower low that confirms the sequence break. After the sequence is confirmed, the original shoulder becomes the QM level. A compact ATR-based reaction box is projected around that level. The head becomes the invalidation reference, with optional ATR padding. The quality score is built from: - head extension strength, - sequence-break displacement, - spacing between pivots, - average swing size, - internal time balance, - optional relative-volume confirmation. Only structures that meet the selected score threshold are drawn on the chart. 📊 PANEL The AGPro panel summarizes the latest valid QM structure in a compact format. Panel fields: - Pattern Side - Structure Quality - Zone Status - Score The first panel row follows the AGPro standard: one merged blue header row containing only the script name. Panel location, panel theme, and panel font size are adjustable from settings. The default panel size is Normal for a clean publication-ready layout. 🎛️ KEY INPUTS Swing Pivot Length Controls how strict the confirmed swing structure should be. Higher values create fewer but cleaner patterns. ATR Normalization Length Used to normalize zone width, head extension, sequence displacement, label offset, and invalidation padding. Minimum Head Extension Defines how far the head must extend beyond the original shoulder before the sequence can qualify. Minimum Sequence Break Defines how strongly the final swing must break beyond the pullback level. Minimum Pattern Score Filters out weaker QM sequences before they are drawn. Signal Cooldown Bars Controls label density and prevents the chart from becoming overloaded on noisy markets. Reaction Zone Width Controls the ATR-based thickness of the projected QM reaction box. Reaction Zone Length Controls how far the reaction zone projects into the future. Invalidation Buffer Adds optional ATR padding beyond the head-based invalidation level. Maximum Visible QM Zones Limits how many recent QM zones remain visible on the chart. Label Font Size and Panel Font Size Both are adjustable, with Normal as the default setting. 🔍 HOW TO READ IT Start with the panel. Pattern Side shows whether the latest valid structure is bullish or bearish. Structure Quality gives a quick qualitative view of the setup. Zone Status shows whether the reaction zone is waiting, active, confirmed, or invalidated. Score shows the numerical strength of the latest accepted QM pattern. On the chart: - Shoulder marks the original level that later becomes the QM reference. - Head marks the extension that creates the imbalance. - QM Level marks the precise shoulder-derived reaction level. - Reaction Zone shows the area where the QM retest is being tracked. - Invalidation Line shows where the structure is no longer valid. - Status Label shows the live state of the latest zone. The cleanest reads usually come when price returns to the reaction zone after a strong sequence break and then shows a visible response away from the QM level. 🧩 BEST USE CASES This script is best used for: - SMC-style Quasimodo analysis, - swing-based reversal mapping, - reaction-zone planning, - invalidation-based structure review, - higher-timeframe QM context, - clean chart screenshots for public analysis, - traders who want one dedicated QM layer instead of a large all-in-one structure scanner. It can be useful on many markets and timeframes, but the best visual quality usually appears on charts where swings are clear and price action is not excessively compressed. 🧠 VISUAL DESIGN PHILOSOPHY The visual design is built around clarity, not clutter. The script uses the AGPro color palette with a restrained premium look: - blue merged panel header, - teal bullish structures, - pink bearish structures, - gold invalidation or inactive-state emphasis, - compact labels placed away from candles where possible, - projected boxes that stay readable without covering the chart. The chart should not feel empty, but it should also not feel noisy. Labels, zones, and status elements are intentionally controlled with cooldowns, maximum visible zones, adjustable offsets, and configurable font sizes. The goal is to make the QM story easy to understand at first glance. 🔔 ALERTS The script includes alerts for important QM events: - Bullish Quasimodo Sequence - Bearish Quasimodo Sequence - QM Reaction Zone Touched - QM Reaction Confirmed - QM Pattern Invalidated These alerts are designed around structure events rather than generic entry messages. 🔹 LIMITATIONS AND TRANSPARENCY This script uses confirmed pivots, so patterns are confirmed only after enough bars have passed to validate the swing structure. It is intentionally selective. Some early or aggressive QM ideas may not appear if they fail the pivot, spacing, displacement, or score requirements. The script is not designed to predict every reversal. It is designed to identify cleaner Quasimodo structures, display the relevant reaction zone, and provide a clear invalidation reference. It also does not attempt to replace broader market analysis. Trend context, volatility, liquidity conditions, and higher-timeframe structure can still matter. ✅ IDEAL USER This script is ideal for traders who: - understand basic SMC and price-action concepts, - want a clean Quasimodo-specific tool, - prefer visual structure over signal spam, - care about invalidation and reaction-zone logic, - want a focused public-free AGPro tool that does not overlap with broader reversal scanners, - value a premium chart presentation with adjustable labels, zones, and panel controls. Quasimodo Reversal Zones is built for traders who want the QM pattern to be visible, structured, and easy to evaluate without adding unnecessary market-structure clutter.
Pine Script® Indikator
von AGProLabs
ABCD Projection Zones [AGPro Series]ABCD Projection Zones 🔹 OVERVIEW ABCD Projection Zones is a premium price-action projection tool built for traders who want a clean ABCD pattern map without turning the chart into a full harmonic scanner, Auto Fib suite, retracement dashboard, or broad pattern-recognition system. The script focuses on one specific market-structure idea: a confirmed A-B-C swing sequence can project a forward D completion area when the A-B leg is measured from point C. Instead of plotting a single thin target line, the script converts that measured move into a practical projected completion zone. This makes the result easier to read on real charts where reactions often happen around an area rather than at one exact tick. The tool detects the structure, measures the leg relationship, projects the completion zone, tracks the distance to that zone, and then follows the reaction lifecycle after price reaches it. The goal is a premium, readable ABCD projection workflow that helps traders understand where the current structure is, how mature it is, and how price is behaving around the projected completion area. 🔹 WHAT MAKES IT DIFFERENT Many ABCD, projection, and pattern tools try to do too much at once. They combine multiple Fibonacci ratios, harmonic pattern names, extended target ladders, retracement grids, reversal labels, and broad pattern scanning into one chart overlay. That can look busy, but it often makes the active structure harder to understand. ABCD Projection Zones takes a narrower and cleaner route. It does not attempt to label every harmonic family. It does not expose a full Fibonacci framework. It does not place several competing projection targets on the chart. It does not turn the layout into a generic support and resistance map. The difference is the focused lane: confirmed ABCD swing projection, one projected completion zone, one reaction lifecycle, and a concise panel that explains the active setup. The visual language is also different. The D area is shown as a forward rectangle with centered zone text inside the box. Active and archived zones stay named, labels use consistent sizing, and archived context remains muted so the active projection remains dominant. 🧭 WHY THIS DOES NOT OVERLAP WITH OTHER AGPRO TOOLS This script is intentionally separated from other AGPro tools by scope, visual behavior, and analytical purpose. It is not an Auto Fib Structure tool. It does not publish multiple retracement and extension levels, does not expose a full Fib grid, and does not present itself as a broad Fibonacci framework. It is not a harmonic scanner. It does not label Gartley, Bat, Butterfly, Crab, Shark, or other harmonic families. It does not rank multiple harmonic candidates or compare pattern families. It is not a generic support and resistance zone script. The rectangles are not general S/R zones. They are specifically ABCD completion and reaction zones derived from swing-leg symmetry. It is not a trend dashboard, volatility map, liquidity sweep scanner, or broad price-action suite. Its job is only to map a confirmed A-B-C structure into a projected D completion zone and monitor the reaction state around that zone. This makes the public release lane clear: a focused ABCD projection and reaction-zone tool for measured-move structure, not a duplicate of existing AGPro zone, Fib, S/R, harmonic, or dashboard concepts. ⚙️ METHODOLOGY The script starts by detecting confirmed swing highs and lows using pivot-based structure logic. This gives the model cleaner A, B, and C points and helps reduce random candle noise. After the A-B-C sequence is confirmed, the script measures the A-B leg and the B-C pullback. The B-C pullback is evaluated as a ratio of A-B, but this ratio is used as a structure-quality filter, not as a visible Fibonacci grid. The projected D area is calculated by applying the A-B leg from point C. This creates an AB=CD style measured-move projection. The projected D price is then expanded into a rectangle using ATR-based padding so the completion area behaves like a practical reaction zone rather than a thin target. The script then tracks the active projection lifecycle: - Waiting: price has not yet approached the projected zone. - Approaching: price is close enough to the zone to matter. - Completed: price has reached the projected D area. - Reacting: price is moving away from the zone after contact. - Overrun: price has moved beyond the zone buffer. - Expired: the projection window passed without completion. The scoring model combines impulse quality, pullback quality, and structural alignment into a 0-100 score. This score is not a standalone signal; it is a compact way to summarize the quality of the active ABCD projection structure. 📊 PANEL The AGPro panel is designed for quick chart reading without forcing the trader to inspect every object manually. Panel fields: - Leg Ratio: shows the B-C pullback size relative to A-B. - Completion Distance: shows the current distance to the projected D zone in price and ATR terms. - Reaction State: shows the active lifecycle state of the projection. - Symmetry Quality: classifies the active setup as Weak, Developing, Clean, or Strong with directional context. - Projection Progress: shows how far price has traveled from point C toward the projected D area. - Score: summarizes the active setup quality from 0 to 100. Panel standards: - The first row is one merged blue AGPro header row. - The header contains only the panel title. - Panel location is adjustable. - Panel theme is adjustable. - Panel font size is adjustable. 🎛️ KEY INPUTS Detection: - Swing Left Strength - Swing Right Strength - ATR Length - Minimum AB Leg Size ATR - Minimum BC Pullback Ratio - Maximum BC Pullback Ratio Projection Zone: - Projection Length Bars - Zone Padding ATR - Approach Distance ATR - Overrun Buffer ATR - Zone Fill Transparency - Archived Zones - Archived Zone Transparency - Show Text Inside Zones Visuals: - Show ABCD Path - Show ABCD Labels - Show Completion Marker - Label Font Size - Label Offset ATR - Completion Marker Offset Bars Panel: - Show Panel - Panel Location - Panel Theme - Panel Font Size 🔍 HOW TO READ IT Start with the A-B-C labels. Point A and point B define the impulse leg. Point C defines the pullback from which the measured-move projection begins. The dotted projected path shows the C-D measured move. The forward rectangle marks the projected completion zone. If price is still far from that rectangle, the panel will usually show Waiting and a lower Projection Progress value. As price moves toward the rectangle, Projection Progress increases and the Completion Distance decreases. When price reaches the zone, the script marks D Hit and changes the lifecycle state. After that, the most important reading is whether the zone becomes a Reaction Zone or an Overrun Zone. Archived zones should be read as context, not as the main decision layer. They show previous projected reaction areas in a muted style so the chart does not feel empty, but the active zone remains the priority. 🧩 BEST USE CASES This script is best suited for traders who study market structure, measured moves, swing projection, ABCD patterns, and reaction-zone behavior. Strong use cases include: - Mapping a clean ABCD completion area after a confirmed A-B-C structure. - Tracking how close price is to a projected D area. - Separating developing projections from completed projections. - Watching for reaction behavior after price reaches a projected completion zone. - Reviewing recent projected zones without overcrowding the chart. - Keeping a clean price-action workflow without a full harmonic or Fib suite. The script can be useful across different markets and timeframes, but it is most readable when swing structure is clear enough for pivot-based detection to identify meaningful A-B-C sequences. 🧠 VISUAL DESIGN PHILOSOPHY The visual design is built around premium restraint. The chart should not be empty, but it should also not be overloaded. The active ABCD projection needs to stand out clearly, while archived zones should provide background context without taking attention away from the current structure. Visual standards used in this script: - Active completion and reaction zones are drawn as forward rectangles. - Zone text is written inside the rectangle. - Zone text is horizontally and vertically centered. - Zone text uses transparent label-center styling instead of extra external tags. - Active and archived zone text uses the same label font-size control. - Swing labels are offset with ATR so they do not sit inside candle bodies. - The completion marker is compact and shifted away from nearby swing labels. - The projected C-D path is visible but not visually dominant. - Archived zones are muted to keep the active projection clean. The result is a chart that communicates structure, projection, and reaction state without looking like a crowded signal board. 🔔 ALERTS Included alert conditions: - New ABCD Projection Zone: triggers when a new qualified ABCD projection is detected. - ABCD Completion Reached: triggers when price reaches the active projected completion zone. - ABCD Reaction Confirmed: triggers when price reacts away from the active completion zone. - ABCD Zone Overrun: triggers when price moves beyond the configured zone buffer. 🔹 LIMITATIONS AND TRANSPARENCY The script waits for confirmed pivot structure, so A, B, and C labels appear after swing confirmation rather than at the exact live turning point. The projected D area is based on AB=CD symmetry and ATR-based zone padding. It is designed to map structure and reaction context, not to predict every reversal. The script intentionally avoids a full harmonic library and full Fibonacci framework. This is a design choice, not a missing feature. The goal is to keep the public tool focused on ABCD projection zones. During choppy or low-structure conditions, fewer clean setups may appear. Increasing or decreasing swing strength and leg-size filters can make the tool more selective or more responsive depending on the market and timeframe. ✅ IDEAL USER This script is designed for traders who prefer clean structure tools over crowded all-in-one indicators. The ideal user: - Studies price action and swing structure. - Wants a focused ABCD projection tool. - Prefers zones over single-line targets. - Wants reaction-state context after completion. - Values clean chart presentation. - Wants adjustable labels, panel location, and visual density. - Does not want a full harmonic scanner or public Auto Fib suite. ABCD Projection Zones is built for traders who want one clean projected completion lane: A-B-C structure, measured D zone, reaction state, and a premium AGPro visual presentation.
Pine Script® Indikator
von AGProLabs
2
Cup and Handle Quality [AGPro Series]Cup and Handle Quality 🧩 OVERVIEW Cup and Handle Quality is a visual pattern-quality overlay for one of the most recognized continuation structures in technical analysis: the cup and handle. The script is designed to map the full pattern lifecycle instead of only marking a breakout candle. It studies the left cup rim, the cup base, the right rim recovery, the controlled handle pullback, the breakout behavior, and the measured projection context. The goal is to make cup and handle structures easier to recognize, compare, and explain directly on the chart. The final visual output is intentionally clear. The detected cup and handle candle ranges are framed with subtle boxes, while thick curved outlines make the formation readable at a glance. The rim line, target line, DEPTH arrow, and MOVE arrow help users understand how the structure is measured, not just where the label appears. ✅ WHAT MAKES IT DIFFERENT Most public cup and handle tools focus on one of two things: either they draw a simple breakout marker, or they scan aggressively and leave the chart crowded with low-context shapes. Cup and Handle Quality takes a narrower approach. It combines three layers: - Structure recognition: left rim, cup base, right rim, and handle low - Quality scoring: cup symmetry, handle depth, and breakout quality - Visual education: cup box, handle box, thick pattern outline, rim line, target line, and measurement arrows This makes the script more than a pattern detector. It is also a visual explanation tool. The chart shows where the cup was detected, where the handle formed, how deep the cup is, and where the measured projection line comes from. 🧭 WHY THIS DOES NOT OVERLAP WITH OTHER AGPRO TOOLS This script has its own lane inside the AGPro Series. It is not a flag scanner, wedge detector, triangle breakout module, inside-bar breakout tool, Donchian breakout validator, double-top detector, head-and-shoulders detector, generic support-resistance map, or supply-demand zone script. Its lane is specifically: Cup rim recovery -> controlled handle depth -> breakout participation -> measured projection line. The script focuses on the complete cup and handle lifecycle. It does not try to replace broader breakout engines, market-structure tools, support-resistance tools, liquidity tools, or trend dashboards. The defining feature is the combination of a recognizable cup-and-handle drawing with a quality panel that grades the actual pattern components. ⚙️ METHODOLOGY The engine builds the pattern from pivot structure. A qualified setup begins with a left rim, moves into a cup low, recovers into a right rim, and then forms a handle pullback after the right rim. The quality model evaluates: 1. Cup Symmetry The script compares the two rim areas and measures how balanced the cup is over time. A cleaner return from the cup base into the right rim area produces a stronger symmetry reading. 2. Handle Depth The handle is measured as a percentage of cup depth. A useful handle should create structure without pulling so deeply that the cup profile loses strength. The input range allows the user to control how strict or flexible the handle requirement should be. 3. Breakout Quality Breakout quality is calculated from candle behavior and participation context. The script checks distance beyond the rim, candle body efficiency, close location, and relative volume against a configurable baseline. 4. Final Score The final score combines the structure score and breakout behavior into a compact quality reading. Developing setups can be shown before breakout confirmation, while confirmed breakouts require the breakout quality gate. 📊 PANEL The AGPro panel displays the main quality dimensions in a compact format: - Cup Symmetry - Handle Depth - Breakout Quality - Score The first row follows the AGPro standard with a merged blue title row. Panel location, panel theme, panel font size, and label font size are adjustable from settings. 🎛️ KEY INPUTS - Pivot Span controls structural sensitivity. - Minimum Cup Bars defines the shortest accepted cup duration. - Maximum Cup Bars defines the longest accepted cup duration. - Maximum Rim Variance % controls how closely the left and right rims must align. - Minimum Cup Depth ATR filters shallow structures. - Minimum Handle Depth % filters handles that are too shallow. - Maximum Handle Depth % filters handles that are too deep. - Breakout Volume Baseline controls the relative volume comparison. - Minimum Setup Score controls developing setup visibility. - Minimum Breakout Quality controls confirmed breakout strictness. - Minimum Pattern Score controls the final quality gate. - Show Developing Setup controls pre-breakout visualization. - Show Cup Path controls the curved cup drawing and cup candle box. - Show Handle Box controls the detected handle range. - Show Target Line controls the measured projection line. - Show Measurement Arrows controls the DEPTH and MOVE explanation arrows. - Pattern Stroke Width controls the thickness of the cup and handle outlines. - Target Projection Bars controls how far the measured target line extends. 🔍 HOW TO READ IT Start with the rim line. This is the reference level the structure must recover into and eventually move beyond. Then read the cup. The subtle cup box marks the detected candle range, while the thick curved outline helps the formation read visually as a cup instead of a simple V-shaped swing. Next read the handle. The handle box marks the controlled pullback area after the right rim. The curved handle outline makes the handle easier to recognize without turning it into a generic rectangle pattern. The DEPTH arrow shows the measured cup depth. The MOVE arrow transfers that depth upward from the rim area. The TARGET line shows the forward measured projection level. The panel summarizes the same structure numerically. Stronger Cup Symmetry, disciplined Handle Depth, and stronger Breakout Quality combine into the final Score. 🧩 BEST USE CASES Cup and Handle Quality is best used on liquid symbols and timeframes where swing structure has enough room to develop. It is especially useful for users who want a clean visual map of a classic continuation pattern without filling the chart with unrelated pattern families. The default settings are tuned for active discovery. Users who want fewer patterns can raise pivot sensitivity or score thresholds. Users who want a more reactive view can lower the score thresholds, while still using the chart visuals to review pattern quality. 🧠 VISUAL DESIGN PHILOSOPHY The design philosophy is simple: make the pattern understandable without making the chart noisy. The cup and handle are drawn with thick curved lines because this pattern is visual by nature. Newer users should be able to see the shape immediately. At the same time, the candle boxes keep the drawing grounded in the actual detected structure. The target is shown as a line rather than a large zone, keeping the projection clean. The DEPTH and MOVE arrows explain the measurement logic without turning the indicator into a crowded education panel. Labels are compact, and the panel is restrained so the chart remains the main focus. 🔔 ALERTS The script includes an alert condition for confirmed cup and handle breakouts. Alert name: Cup and Handle Quality Breakout Alert message: Cup and Handle Quality : high-quality cup and handle breakout confirmed on {{ticker}} at {{close}}. Alerts are tied to confirmed breakout logic, which means the structure, breakout quality, and pattern score must pass the configured gates. 🔹 LIMITATIONS AND TRANSPARENCY Cup and handle structures are pattern-based and depend on pivot interpretation. Different sensitivity settings can produce different structures on the same chart. Very noisy markets, illiquid symbols, extreme gaps, and unusually compressed price action can reduce pattern readability. Lower thresholds may produce more setups, but visual review remains important when using any chart-pattern tool. The thick cup and handle lines are designed as visual guides. The subtle candle boxes identify the detected structure ranges, while the curved outlines make the pattern easier to understand on the chart. ✅ IDEAL USER This script is built for traders and analysts who want a clean, visual, and structured way to study cup and handle formations. It is especially useful for: - Users who want classic chart patterns with a modern quality layer - Price-action traders who care about structure, handle depth, and breakout behavior - Chart reviewers who want a clear visual explanation of the setup - Newer users who benefit from seeing the cup, handle, depth, move, and target drawn directly on the chart - AGPro users who want a focused cup-and-handle tool that does not overlap with broader breakout or market-structure scripts
Pine Script® Indikator
von AGProLabs
Flag Continuation Zones [AGPro Series]🔷 Flag Continuation Zones Flag Continuation Zones is a premium bull flag and bear flag continuation engine designed to identify clean continuation structures without turning the chart into a generic breakout scanner. The script focuses on a classic, highly recognizable price-action sequence: impulse pole → controlled flag compression → qualified breakout → forward continuation zone Instead of marking every small consolidation as a flag, the engine validates the structure through pole strength, travel efficiency, flag depth, channel compression, trend alignment, breakout distance, and optional volume participation. 🔷 What Makes This Different Most flag indicators are visually simple but structurally loose. They often label shallow pauses, random pullbacks, or broad ranges as flags. Flag Continuation Zones takes a stricter route. It first requires a validated impulse pole. The move must be large enough relative to ATR and efficient enough to show directional commitment. After that, the script waits for a controlled counter-trend flag window. The flag must remain compact, avoid excessive retracement, and preserve continuation structure before any breakout is accepted. This creates a chart experience that is more selective, cleaner, and easier to trust visually. 🔷 How The Engine Works The script evaluates four core stages: 1. Pole Validation The prior impulse is measured by ATR multiple and path efficiency. This helps separate real directional movement from noisy grinding price action. 2. Flag Compression After the pole, the script studies the consolidation window. A valid flag must remain inside an acceptable depth and range relative to the pole. 3. Breakout Confirmation A continuation event is accepted only when price clears the flag boundary with an ATR buffer and, when available, enough volume participation. 4. Continuation Mapping Accepted structures create a forward rectangular zone, an impulse pole line, a breakout label, and an optional measured-move projection line. 🔷 Visual Design The visual language is intentionally restrained: - clean bull and bear flag labels - rectangular continuation zones - impulse pole reference lines - optional measured-move target line - trend EMA context - compact AG Pro status panel - adjustable panel location - dark and light panel themes - adjustable label and panel font sizes The goal is to make the pattern visible and premium without crowding the chart. 🔷 How This Is Different From Other AGPro Tools This script is not a generic Trend Continuation Quality tool. It is not an abstract continuation scorecard. It is specifically built around the flag pattern family: - impulse pole quality - flag channel compression - breakout through the flag boundary - measured-move continuation context It also avoids overlapping with triangle, consolidation breakout, Donchian breakout, inside-bar breakout, and trendline tools by staying focused on the pole-and-flag structure itself. 🔷 Best Fit This script is useful for traders who want to scan for cleaner bull flag and bear flag continuation patterns across crypto, forex, stocks, indices, and futures. It is especially suitable for: - continuation traders - breakout traders who want stricter structure - price-action traders who follow classic chart patterns - users who prefer rectangular zones and measured-move context - traders who want fewer but higher-quality labels 🔷 Key Inputs Important controls include: - Pole Lookback - Flag Window - Minimum Flag Bars - Minimum Pole ATR Multiple - Minimum Pole Efficiency - Maximum Flag Depth - Maximum Flag Range - Breakout Buffer - Volume Confirmation - Signal Cooldown - Zone Forward Bars - Label Font Size - Panel Location - Panel Theme - Panel Font Size 🔷 In One Sentence Flag Continuation Zones turns the classic bull flag and bear flag pattern into a cleaner, scored, zone-based continuation map built for premium public chart presentation.
Pine Script® Indikator
von AGProLabs
Wedge Reversal Detector [AGPro Series]Wedge Reversal Detector 🔷 Overview Wedge Reversal Detector is a focused chart-pattern engine built for one specific structure: the rising wedge and falling wedge. Instead of scanning every possible reversal pattern, drawing broad support and resistance, or behaving like a generic breakout dashboard, this script studies the geometry of a wedge itself: confirmed pivot boundaries, slope convergence, pattern maturity, reversal break quality, projected reaction zone, and invalidation context. The goal is to make wedge analysis cleaner and more objective on a live chart. A valid wedge is not treated as just two random trendlines. The script requires a confirmed pivot structure, a meaningful initial width, a narrowing final width, and the correct slope relationship for either a rising wedge or a falling wedge. Once a qualified structure is active, it draws the converging boundaries directly on the chart and waits for a reversal-side break. The detector also includes two visual preparation layers. The developing-wedge preview layer can draw dashed boundaries before the structure is fully armed. The Wedge Radar layer keeps the latest compression window visible when no confirmed candidate is active. Radar projection is capped so higher-timeframe charts stay clean, and low-compression radar states can remain boundary-only until the structure becomes visually meaningful. Break labels, reaction zones, and invalidation guides remain reserved for stricter confirmed candidates. This keeps the chart visually informative without weakening the actual confirmation logic. The visual layer includes compact boundary tags that label the upper and lower rails directly on the right side of the structure. These tags are designed as chart annotations, not signal spam: they identify whether the rail is acting as a rejection rail, compression rail, reclaim rail, break rail, or invalidation rail. A single optional compression tag can also summarize the current radar or wedge state. 🔶 Why This Is Different Many wedge indicators stop at pattern drawing. Others become broad pattern scanners that mix wedges with channels, double tops, double bottoms, triangles, support and resistance zones, and unrelated reversal signals. Wedge Reversal Detector intentionally stays narrower. Its edge is the sequence: 1. Detect a qualified rising or falling wedge from confirmed pivots. 2. Measure whether the boundaries are genuinely converging. 3. Grade wedge maturity before any break occurs. 4. Confirm the reversal-side break with an optional close-based rule and ATR buffer. 5. Score break quality using maturity, boundary expansion, candle structure, close location, and volume participation. 6. Project a concept-native reaction zone from the wedge width. 7. Display a clean invalidation guide so the structure remains readable after the break. This makes the script a wedge lifecycle tool, not a general reversal scanner. 💎 Unique Edge The most important difference is that the script treats a wedge as a living geometric compression structure. It does not simply connect the latest two highs and lows and call the pattern complete. A candidate must pass span, width, convergence, and slope requirements before it becomes active. For rising wedges, the script looks for rising pivot highs and rising pivot lows where the lower boundary is climbing faster than the upper boundary. This creates upward compression, which is the core geometry behind a rising wedge. For falling wedges, it looks for falling pivot highs and falling pivot lows where the upper boundary is falling faster than the lower boundary. This creates downward compression, which is the core geometry behind a falling wedge. That difference matters because many weak wedge tools confuse ordinary channels with wedge compression. This script separates those structures by requiring the final width to be materially smaller than the starting width. 🔹 Methodology The engine begins with confirmed pivot highs and pivot lows. The user controls the pivot confirmation length, which allows the detector to be tuned for intraday, swing, or higher-timeframe charts. From the latest confirmed swing pair, the script builds two boundary lines: - Upper boundary from confirmed pivot highs - Lower boundary from confirmed pivot lows The detector then evaluates: - Pattern span in bars - Initial boundary width measured against ATR - Final boundary width relative to the starting width - Upper boundary slope - Lower boundary slope - Correct rising-wedge or falling-wedge geometry Only when those requirements align does the pattern become an active wedge. 🔸 Break Quality Model A wedge break is scored only after the reversal-side boundary is broken. The break quality score is built from multiple factors: - Wedge maturity - Distance beyond the broken boundary - Candle body participation - Close location inside the break candle - Volume ratio versus recent average volume The score is translated into a simple grade so the chart stays easy to read. This does not claim that a break must continue. It gives the user a structured read of how strong the confirmed break appears under the script's own rules. 🎯 Projected Reaction Zone After a confirmed wedge reversal break, the script projects a reaction zone using the initial wedge width. This zone is not a generic support/resistance box. It is tied directly to the wedge geometry and appears only after the structure confirms. The goal is to show the next area where price may naturally react after escaping the compression. The zone width and projection length are configurable, so users can keep the chart compact or allow more forward context depending on timeframe and style. 🧭 Invalidation Context The script also draws an invalidation guide after a confirmed break. For a bullish falling-wedge break, invalidation is tracked below the opposite wedge boundary with an ATR buffer. For a bearish rising-wedge break, invalidation is tracked above the opposite wedge boundary with an ATR buffer. This keeps the post-break structure organized without adding trade instructions or turning the script into a strategy. 📊 Panel The compact AGPro panel summarizes the current wedge lifecycle: - Wedge Type - Maturity - Break Quality - Target Zone Panel location, panel theme, and panel font size are adjustable from settings. The first panel row uses the AGPro standard: one merged blue header row containing only the panel title. ⚙️ Key Settings - Pivot Confirmation Length controls how strict the swing structure is. - Minimum Wedge Span filters out tiny patterns. - Maximum Final Width Ratio controls how much convergence is required. - Developing Wedge Preview Ratio controls how early dashed formation boundaries can appear. - Wedge Radar controls the latest-window visual radar that prevents panel-only charts while waiting for confirmed wedge geometry. - Radar Projection Bars limits how far radar boundaries extend into future bars. - Radar Fill Threshold keeps low-compression radar structures from creating oversized filled areas. - Boundary Tags add compact right-side rail annotations so the structure is easier to read without covering candles. - Compression Tag shows one status label for radar compression or armed-wedge maturity. - Boundary Break Buffer ATR adds confirmation distance beyond the wedge boundary. - Volume Confirmation Ratio contributes to break quality scoring. - Projection Length Bars controls how long the reaction zone extends forward. - Label Font Size and Label Offset ATR help maintain a clean chart presentation. 🧩 How It Differs From Other AGPro Tools This script is intentionally separate from AGPro channel, breakout, liquidity, and broad reversal tools. It is not a channel map. Channel tools organize parallel or multi-family structure. Wedge Reversal Detector only studies converging wedge geometry. It is not a double top or double bottom detector. Those patterns are based on repeated horizontal rejection and neckline behavior. This script is based on converging diagonal boundaries. It is not a broad reversal scanner. It does not combine every reversal pattern into one dashboard. It stays focused on wedge compression, wedge maturity, reversal break, projected reaction zone, and invalidation. It is not a generic breakout quality tool. Break quality is evaluated only after a valid rising or falling wedge exists. 🔔 Alerts The script includes alerts for: - Bullish falling wedge break - Bearish rising wedge break - High quality wedge break - Wedge invalidation These alerts are event notifications for the detected structure, not automated trading instructions. ✨ Best Use Case Wedge Reversal Detector is best suited for traders who already watch chart patterns, market structure, compression, and failed trend continuation. It helps reduce manual drawing by highlighting qualified wedge structures, then keeping the chart organized through the confirmation, projection, and invalidation phases. The result is a clean, premium, wedge-specific workflow designed for public chart reading: fewer random lines, fewer noisy labels, and a clearer view of whether the wedge structure is still forming, breaking, projecting, or invalidating.
Pine Script® Indikator
von AGProLabs
Turtle Soup Reversal Map [AGPro Series]Turtle Soup Reversal Map 🔹 Overview Turtle Soup Reversal Map is a mean-reversion pattern detector inspired by Linda Raschke's classic "Turtle Soup" setup — a counter-attack on failed 20-bar breakouts. When price pierces a multi-bar extreme and then closes back inside the prior range, institutional traders often interpret it as trapped breakout participants being flushed. This script automates the detection, qualifies each setup with a transparent 0–100 score, and projects a reference target alongside an auto-resolving rejection zone. It is designed for traders who want a disciplined, rule-based way to spot failed breakouts without drawing them manually. 🔹 Unique Edge Unlike generic liquidity-sweep or wick-rejection indicators, Turtle Soup Reversal Map is built around Raschke's specific 20-bar-extreme rule — a pattern with decades of documented performance in swing-trading literature. Three characteristics separate it from similar tools: • Strict N-bar-extreme definition (not a simple swing-high/low fade). Price must violate the exact prior-lookback extreme, not just a minor pivot. • Five-component adaptive quality score — wick rejection, volume spike, overshoot magnitude, higher-timeframe trend alignment, and key-level proximity. Each component is a transparent weighted contribution, with clear A+ / A / B / C grades. • Full lifecycle state engine — Pending → Fired → Target/Stop/Invalidated. Setups that do not confirm within their window are auto-invalidated (not left hanging), and live win-rate plus average R-multiple are tracked over the most recent resolved setups. 🔹 Methodology The script continuously monitors for price piercing the highest high or lowest low of the prior N bars (default 20, range 10–50). When a sweep occurs, a Pending setup is created. Confirmation is then evaluated in one of two user-selectable modes: • Same-Bar Close — the violating bar must close back inside the prior range on the same bar (faster, more signals). • Next-Bar Close — Raschke's original specification; the next bar must close back inside the prior range (slower, higher reliability). If confirmation fires, the setup becomes Fired and a reference target is projected from the confirmation close (default 2.5 × ATR(14)). Stop is placed at the sweep extreme plus a configurable ATR buffer. Setups that fail to confirm within their window, or where price overshoots the stop before confirmation, are automatically invalidated. The quality score blends: wick-to-range ratio at the extreme bar, relative volume spike versus its 20-bar average, overshoot magnitude (ATR-normalized with a sweet-spot curve), counter-trend alignment against a user-defined higher timeframe, and proximity to round numbers or recent pivot levels. 🔹 Signals & Alerts The script produces three alert types, all configurable: • Pending — sweep detected, awaiting confirmation. • Fired — confirmation closed back inside prior range. • Invalidated — setup dismissed due to overshoot or window timeout. Each alert message includes direction (Bull/Bear), current grade, ticker, and timeframe. Fired setups are visualized with a labeled confirmation marker, a dashed target-projection line, a dotted stop-reference line, and an auto-closing rejection zone. Labels display the Soup-Bull / Soup-Bear name, grade, and numeric score. 🔹 Key Inputs • Lookback Bars — size of the extreme window (default 20, range 10–50). • Confirmation Mode — Same-Bar Close or Next-Bar Close. • Invalidation Distance (ATR) — stop buffer beyond the sweep extreme (default 0.5). • Target Projection (ATR) — reference reversal target distance from entry (default 2.5). • Quality Score Components — each of the five score components can be toggled independently for custom configurations. • HTF for Trend — higher timeframe used for the trend-alignment component (default 240 min). • Stats Sample Size — rolling window of resolved setups used for win-rate and average reward metrics (default 30). • Visual & Panel Options — zones, lines, labels, target projection, panel location, font sizes, and per-element toggles. 🔹 How to Use 1. Apply to any liquid instrument and timeframe. The pattern's rule set is symbol-agnostic but performs differently across assets — review the live Win Rate and Avg Reward metrics in the panel to calibrate expectations. 2. Watch the Status field in the panel. Idle means no active setup; Pending Bull/Bear means a sweep has occurred and the script is waiting for confirmation; Fired Bull/Bear means confirmation closed and a target has been projected. 3. Filter setups by grade. A+ and A setups have stronger confluence — particularly wick rejection, volume, and HTF alignment. B setups are acceptable under favorable market regimes; C grades are educational only. 4. Treat the target projection as a reference, not a trade instruction. The stop reference line marks where the structural invalidation lies. Always combine with your own risk management. 5. The historical Win Rate is computed over the last N resolved setups on the current chart; it reflects the pattern's fit with the current symbol and timeframe, not a guarantee. 🔹 Limitations & Transparency This indicator identifies historical setups algorithmically. It does not predict future price movement, and no indicator does. Turtle Soup is a counter-trend mean-reversion pattern — in strong trending regimes, false signals increase; in consolidation and range-bound conditions, it performs best. The displayed Win Rate and Avg Reward are historical, rolling, chart-dependent, and should not be interpreted as future expectations. Target and stop references are geometric projections based on ATR, not optimized parameters. 🔹 Risk Disclosure This script is a technical analysis tool for educational and research purposes. It is not a trading strategy, not a recommendation, and not financial advice. Past performance does not guarantee future results. Always conduct your own analysis and use proper risk management. Trade at your own risk.
Pine Script® Indikator
von AGProLabs
Head & Shoulders Auto Detector [AGPro Series]Head & Shoulders Auto Detector 🎯 **Overview** Head & Shoulders Auto Detector is a precision pattern recognition tool that automatically identifies classic Head & Shoulders (bearish) and Inverse Head & Shoulders (bullish) reversal formations across any market and timeframe. Built from the ground up for traders who want the full lifecycle of a pattern tracked on-chart — not just a label and a line, but forming → confirmation → target/stop outcome — with a transparent, quality-scored framework that filters low-probability setups before they clutter the chart. Every pattern carries a composite quality score, a symmetry percentage, an ATR-adaptive neckline, two projection targets, and a live status label that evolves through the pattern's lifespan. 🔹 **Unique Edge** Most H&S indicators stop at detection. This one goes further: • **Full lifecycle state machine** — every pattern moves through four explicit states (Forming → Confirmed → Target Hit / Stopped / Invalidated / Expired), and the visuals update in real time at each transition. • **Dead pattern hygiene** — once a pattern fails or hits target, orphan TP and stop lines are removed, the neckline freezes at the decision bar, and the status label grays out. The chart never accumulates stale clutter. • **Quality-driven visual hierarchy** — high-quality patterns (Q≥75) are rendered with a star marker and full saturation, mid-tier patterns get standard treatment, and low-tier patterns (Q<60) fade into the background so the trader's eye is guided to what matters. • **Dual-target projection with R:R** — every confirmation displays both a classic measured-move TP1 and an extended 1.618× TP2, each labeled with the exact reward-to-risk ratio calculated at entry. • **ATR-adaptive everything** — shoulder tolerance, neckline flatness, head prominence, stop buffer, and label offsets all scale with volatility, so the same settings work across BTC 4H, gold daily, or small-cap stocks. 🔹 **Methodology** Patterns are detected from confirmed pivot highs and lows using a configurable pivot length. For a valid Head & Shoulders, three same-side pivots (Left Shoulder → Head → Right Shoulder) must satisfy: • Head extends beyond both shoulders by at least the configured ATR multiple (prominence test). • Shoulder heights differ by less than the shoulder tolerance in ATR units (symmetry test). • Two opposite-side pivots between LS-Head and Head-RS define the neckline; their vertical distance must be within the neckline tolerance. • Composite symmetry score (50% time symmetry, 50% price symmetry) must exceed the minimum threshold. Quality score combines four weighted components: • Symmetry (45%) — time + price balance between shoulders • Neckline flatness (25%) — how horizontal the neckline is • Volume profile (15%) — head-bar volume relative to shoulder average • Head prominence (15%) — how clearly the head dominates Confirmation triggers when price closes beyond the neckline level (interpolated for sloped necklines). Stop is placed at the head level plus an ATR buffer to avoid wick stop-outs. TP1 uses the standard head-to-neckline measured move; TP2 extends to 1.618× that projection. 🔹 **Signals & Alerts** Four alert events available: • **Pattern Forming** — a valid H&S or Inverse H&S structure has been detected but not yet confirmed. • **Pattern Confirmed** — close has broken the neckline; entry is live with TP/Stop drawn. • **Target Hit** — TP1 has been reached on a confirmed pattern. • **Neckline Retest** — after confirmation, price has returned to touch the neckline (common high-probability re-entry zone). 🔹 **Key Inputs** • **Pivot Length** — controls swing-point sensitivity • **Min Symmetry Score** — minimum shoulder symmetry percentage to accept a pattern (default 60, balanced) • **Neckline Tolerance (ATR)** — how sloped a neckline is allowed to be • **Shoulder Height Tolerance (ATR)** — how different the two shoulders can be • **Head Prominence (ATR)** — minimum head extension beyond shoulders • **Volume Soft Confirmation** — toggle volume influence on quality score • **TP1 Method** — Classic (horizontal neckline reference) or Measured Move (slope-aware) • **Stop Buffer (ATR)** — extra room beyond the head level (default 0.35) • **Max Pattern Lifetime** — bars after which an unconfirmed pattern expires • Full visual controls: font size, panel position, theme, zone display, label offset, color palette 🔹 **How to Use** 1. Apply the indicator to any liquid market and timeframe. 4H and higher tend to produce the most reliable formations; intraday works but expects more noise. 2. Watch for patterns labeled with a ⭐ and bright color (Q≥75) — these are the highest-confidence setups. 3. Wait for the ✓ Confirmed status to appear before entering; the ⚡ breakout marker pinpoints the exact confirmation bar. 4. Use the TP1 / TP2 R:R labels to size the trade. Stop is pre-calculated at head level + ATR buffer. 5. Monitor the panel stats over time to understand the indicator's behavior on your specific market — Win Rate, Avg Quality, and Last Signal all update live. 6. Consider combining with trend context (a bearish H&S is far more powerful at resistance in a downtrend than in the middle of a strong uptrend). 🔹 **Limitations & Transparency** • Pattern detection uses confirmed pivots, so signals appear with a natural delay equal to the Pivot Length setting. This is intrinsic to pivot-based logic, not a flaw. • Quality score and historical win rate are chart-native calculations based on the loaded history; they are descriptive, not predictive. • The script does not include multi-timeframe confluence or trend filters — these are deliberate design choices to keep the tool focused and composable with other indicators. • Volume confirmation is a soft scoring input, not a hard filter, since many crypto pairs and indices have volume data of variable reliability. • Pattern state transitions use close-based confirmation; intrabar wicks do not trigger state changes except for stop/target hits, which are high/low based as expected. 🔹 **Risk Disclosure** This indicator is an analytical tool, not a trading recommendation or financial advice. Pattern recognition describes what has formed on a chart; it does not predict future price movement with certainty. Always use proper risk management, position sizing, and confirm signals with your own analysis. Past pattern statistics shown on the panel are descriptive of the visible history and do not guarantee future performance. Trading involves substantial risk of loss.
Pine Script® Indikator
von AGProLabs
Double Top / Bottom Quality [AGPro Series]Double Top / Bottom Quality Double Top / Bottom Quality is a disciplined, rules-based detector for the two most iconic reversal chart patterns: the Double Top (M-shape) and the Double Bottom (W-shape). Unlike basic pattern finders that fire on any two similar swings, this indicator scores every candidate pattern on a transparent 0–100 Quality Score across four independent factors — and only confirms patterns that pass a user-defined minimum. The result is a cleaner chart with fewer, higher-conviction setups. Every confirmed pattern delivers a full trading lifecycle: a neckline flip S/R zone (resistance → support on a Double Bottom; support → resistance on a Double Top) and a measured-move target projection band. Pending, confirmed, target-hit and invalidated states are all tracked with disciplined cleanup, so the chart never becomes cluttered. 🔹 WHAT THE INDICATOR DOES It detects classic Double Top and Double Bottom reversal structures using pivot-based swing analysis with ATR-normalised equality, depth and time-window filters. Each valid candidate is then scored on four independent quality factors. Only candidates that exceed the user-defined minimum score and break the neckline on close are confirmed. Once confirmed, the pattern draws its neckline flip zone and target projection band, labels the setup with its letter grade and score, and tracks the outcome until target hit or invalidation. 🔹 UNIQUE EDGE — WHY IT IS DIFFERENT Most Double Top / Double Bottom scripts simply connect two similar swings and draw a line. This indicator adds a transparent 4-component Quality Score so every setup is rated before confirmation, not just flagged. Three factors that most scripts ignore are treated as first-class inputs here: • Pattern Symmetry — the left leg and the right leg of the M / W must be comparable in time, or the pattern is penalised • Break Volume Confirmation — the neckline break bar is compared to its rolling volume average, and thin breaks score lower • Depth Quality — shallow, flat patterns are filtered out in favour of deep, decisive reversals The full lifecycle visualisation (pending → confirmed → target hit) and same-region deduplication are also uncommon in this pattern category, and together they produce a chart that reads cleanly even on long history. 🔹 METHODOLOGY • Pivot detection via ta.pivothigh / ta.pivotlow with user-configurable length • Equality check: the two peaks (or troughs) must be within a configurable ATR tolerance • Time-window filter: minimum and maximum bars allowed between the two pivots • Depth filter: the vertical distance from peaks to neckline must exceed a minimum ATR threshold • Neckline: lowest low between the two peaks for a Double Top, or highest high between the two troughs for a Double Bottom • Confirmation trigger: daily close beyond the neckline • Invalidation: price exceeds the pattern extreme before the neckline break • Cooldown: after confirmation, new patterns in the same price region are suppressed for N bars to prevent clustering 🔹 QUALITY SCORE (0–100) Each confirmed pattern receives a transparent score based on four equally-weighted factors (25 points each): 1. Peak / Trough Equality — how close the two extremes are to each other, measured in ATR units 2. Break Volume Confirmation — break-bar volume relative to the 20-bar average 3. Pattern Symmetry — ratio of the shorter leg to the longer leg (time-based) 4. Depth Quality — pattern height relative to ATR (deeper = higher score) Score → Grade mapping: • 85–100 = A • 70–84 = B • 55–69 = C • <55 = D 🔹 SIGNALS, ZONES & ALERTS Once a pattern confirms, the indicator renders: • A solid neckline that extends to the right edge • A neckline flip zone (rectangular S/R band at the neckline level) • A target projection zone at the measured-move price (pattern height projected from neckline) • A grade label (A / B / C) and numeric score on the pattern Two alert types are available: "Confirmed Pattern" fires on confirmation, and "Target Hit" fires when the measured-move target is reached. 🔹 KEY INPUTS • Pivot Length, ATR Length • Peak / Trough Equality tolerance (ATR) • Min / Max bars between peaks • Minimum Pattern Depth (ATR) • Break Volume Multiplier • Cooldown bars • Minimum Quality Score filter • Show Pending Patterns toggle • Show Neckline Flip Zone / Target Zone toggles • Zone Width (ATR) • Stale Cleanup Distance, Max Active Zones • Label size, Panel position / theme / size • Alert toggles 🔹 HOW TO USE • Choose a liquid market and a timeframe that matches your trading style (4H and 1D are particularly well-suited to classic reversal patterns) • Watch for Pending patterns (dashed lines) — these mark candidates awaiting a neckline break • A Confirmed pattern with grade B or higher is the typical entry signal; aggressive traders may use C-grade while conservative traders may filter to A-grade only • Use the neckline flip zone as a logical stop-loss reference (above it for Double Tops, below for Double Bottoms) • Use the target projection zone as a take-profit reference based on the classical measured-move rule • Combine with higher-timeframe trend, volume profile or an independent confluence tool for best results 🔹 LIMITATIONS & TRANSPARENCY • Pivot-based detection means patterns confirm with a natural lag equal to the pivot length • No strategy is 100% reliable — Quality Score filters improve average conviction but do not guarantee outcomes • Very low-liquidity markets may produce unstable pivots; a longer pivot length helps • Measured-move targets are a classical reference, not a prediction • Historical statistics shown in the panel are pattern-completion counts on the loaded chart; they are not a guaranteed forward performance estimate 🔹 RISK DISCLOSURE This script is provided for educational and analytical purposes only. It is not financial advice and does not constitute a recommendation to buy, sell or hold any asset. Trading involves substantial risk of loss; past pattern performance is not indicative of future results. Always perform your own research and use appropriate risk management. Open-source under the Mozilla Public License 2.0 — contributions and feedback are welcome.
Pine Script® Indikator
von AGProLabs
Swing Failure Pattern (SFP) Engine [AGPro Series]Swing Failure Pattern (SFP) Engine ──────────────────────────────────────────────────────────── OVERVIEW ──────────────────────────────────────────────────────────── Swing Failure Pattern (SFP) Engine detects high-probability liquidity sweep events at prior swing highs and lows. An SFP occurs when price pierces a recent swing level with a long wick but closes back inside the prior range, signalling failed continuation and potential mean reversion. Each event is scored on four components, drawn as a mid-sized support/resistance reaction zone, and tracked through its live cycle — with panel statistics on MFE, MAE, and hit rate. Designed for visual pattern reading and confluence; not a buy/sell system. ──────────────────────────────────────────────────────────── UNIQUE EDGE ──────────────────────────────────────────────────────────── Most SFP indicators mark the sweep candle and stop there. This engine treats each SFP as a living support/resistance band: the zone extends to the right every bar and only freezes when the swept level is actually broken on close. That preserves the SR context that traders use in real decisions, without cluttering charts with zones that never die. A composite score (0-100), confluence grouping of nearby events within 0.5 ATR, and live MFE/MAE tracking in ATR units turn a common pattern into a measurable framework. ──────────────────────────────────────────────────────────── METHODOLOGY ──────────────────────────────────────────────────────────── Swing detection uses pivot highs and lows confirmed by a configurable lookback. An SFP is confirmed on bar close when four conditions are met: 1. The bar wicks beyond a prior unswept swing high (bearish) or swing low (bullish) within the active lookback window. 2. The close reclaims the prior range by at least the user-defined ATR distance (default 0.25 ATR). 3. The sweep-side wick represents at least the minimum wick ratio of total bar range (default 55 percent). 4. Bar volume exceeds its 20-period SMA by the configured multiplier (optional, default 1.15x). Composite score (0-100) weights wick ratio (40), reclaim distance in ATR (30), volume confirmation (15), and swing age (15). Only events above the minimum score threshold are drawn. Each confirmed SFP removes its swept swing from the active array to prevent re-triggering on the same level. Confluence grouping merges same-side events within 0.5 ATR into a single labelled zone with an x2, x3 count. ──────────────────────────────────────────────────────────── SIGNALS & ALERTS ─────────────────────────────────────────────────────────── Visual signals on chart: - State-coloured label at the sweep bar reading Bull SFP or Bear SFP with the composite score (e.g., Bull SFP 74). Confluence-grouped events are suffixed with the merge count (e.g., Bear SFP 81 x2). - Rectangular zone spanning the swept level and the SFP close, with a small ATR buffer. The zone extends right each bar while active and freezes in neutral grey when the swept level breaks. - Dotted horizontal line marking the swept swing level. - Dashed projection line indicating the reversal direction. Alert conditions: - Bullish SFP: fires on the confirmation bar of a bullish event above the score threshold. - Bearish SFP: same, for bearish events. - Zone Invalidation (optional): fires when an active zone's swept level is broken on close. ──────────────────────────────────────────────────────────── KEY INPUTS ──────────────────────────────────────────────────────────── Detection: - Swing Pivot Length - bars each side of a pivot (default 5). - Swing Lookback - how far back active swings are tracked (default 120). - Min Wick Ratio - minimum sweep wick as fraction of bar range (0.55). - Min Reclaim Distance (ATR) - how far close must reclaim (0.25 ATR). - Require Above-Average Volume and Volume Multiplier (default 1.15x). - ATR Length (default 14). Scoring & Filters: - Min SFP Score (default 55 of 100). - Max Active Zones retained on chart (default 8). - Stats Timeout - bars after which an unresolved event is counted in averages (default 30). Does not affect zone visibility. Visuals: - Zone transparency (default 80), confluence grouping distance (0.5 ATR), label size, and toggles for zones, swing lines, and reversal projections. Panel: - Location (8 options), Dark/Light theme, text size. Alerts: - Independent toggles for bullish, bearish, and invalidation alerts. ──────────────────────────────────────────────────────────── HOW TO USE ──────────────────────────────────────────────────────────── Apply the indicator to any chart and timeframe. Higher timeframes (1h and above) produce cleaner swings; lower timeframes require a higher Min Wick Ratio and Min Score to filter noise. Read SFPs as liquidity sweep events, not standalone entries. A bullish SFP below a prior swing low indicates that sellers failed to extend the move — often a location where larger participants accumulate. The score reflects sweep quality; higher scores (70+) generally correspond to cleaner rejections. Use the zone as a support/resistance reference until it is invalidated. Panel statistics describe the observed sample on the loaded chart, not a backtested system. MFE Hit Rate is the percent of resolved zones that reached 1 ATR in the SFP direction before the swept level broke — it is a quality reference, not a win rate for any trading strategy. ──────────────────────────────────────────────────────────── LIMITATIONS & TRANSPARENCY ──────────────────────────────────────────────────────────── - Signals confirm on bar close; intrabar conditions may change until close. - Pivot detection introduces a natural bars-of-right-context lag equal to the Pivot Length. This is intrinsic to any pivot-based approach. - Panel statistics reflect events visible on the current chart load and will vary with timeframe, symbol, and bar range. - MFE Hit Rate is not a profit expectation. It measures whether price moved 1 ATR in the SFP direction before the swept level broke. - Volume confirmation uses chart volume and may behave differently on symbols with inconsistent volume data. - The indicator uses standard Pine Script drawing objects. Chart reload may reset ephemeral visual states of resolved zones. ──────────────────────────────────────────────────────────── RISK DISCLOSURE ──────────────────────────────────────────────────────────── This indicator is a visualisation and analysis tool. It is not a trading system, not financial advice, and not a signal service. It does not predict future price movement. All trading decisions carry risk of loss and are the sole responsibility of the user. Historical pattern behaviour does not guarantee future results. Test thoroughly on your instruments and timeframes before making any decisions.
Pine Script® Indikator
von AGProLabs
Judas Swing Detector [AGPro Series]Judas Swing Detector ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ OVERVIEW ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ The Judas Swing is a well-known intraday pattern in ICT (Inner Circle Trader) methodology describing how price often makes a deceptive initial move at the London or New York session open — pulling in participants in one direction — before reversing to reveal the session's true directional bias. Judas Swing Detector systematically identifies, visualizes, and tracks this pattern across every London and New York session open. It shades the trap zone, flags the reversal bar, highlights the true-direction bias, and maintains a rolling 20-session performance log so users can assess how consistently the pattern resolves on their chosen symbol and timeframe. IMPORTANT — Timeframe requirement: This indicator is designed for intraday charts of 1 hour or lower (1m, 5m, 15m, 30m, 1h). Session windows anchor the entire logic, and a 1-hour Judas window cannot be resolved on 4-hour or higher charts. The panel always shows an "Optimal TF: 1m - 1h" footer, and the TF status row turns yellow with "use <=1h" if the current chart exceeds this range. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ UNIQUE EDGE ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Unlike generic session-open or breakout indicators, Judas Swing Detector is built around a defined four-state lifecycle (Pending → Active → Forming → Confirmed / Failed) with ATR-normalized thresholds, so detection remains stable across different volatility regimes and asset classes. Three design choices make it distinct: 1. Independent two-way extremum tracking inside the Judas window — both the maximum upward and maximum downward excursion are recorded, and the larger of the two is declared the fake move when the window closes. This removes ambiguity in choppy openings. 2. Separate fake-move and reversal thresholds. The initial push must exceed a minimum ATR-scaled size to qualify, and the reversal must travel a second ATR-scaled distance beyond the session open — filtering out shallow round trips that would otherwise inflate the signal count. 3. Rolling 20-session statistics panel reporting success rate, average fake distance, and directional bias, giving discretionary traders an objective view of how the pattern is behaving on their instrument before they act on it. 4. Support/resistance-style invalidation zone drawn at the fake-move extremum after confirmation. This gives a clear visual anchor: if price later re-enters this zone from the opposite side during the session, the Judas read is considered broken. The zone is a reference, not an automatic signal. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ METHODOLOGY ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Step 1 — Session anchoring At the first bar of the configured London or New York window the script records the session open price, resets the two-way extremum trackers, and transitions to the Active state. Step 2 — Fake-move accumulation During the window the script tracks both the maximum high and minimum low relative to the session open. Neither is committed as the fake move until the window closes. Step 3 — Window-close evaluation When the window ends the larger excursion (up vs down) becomes the fake direction. If its size reaches the user-defined ATR multiple it qualifies and the script transitions to the Forming state; otherwise it resets to idle. Step 4 — Reversal confirmation In the Forming state the script waits for price to cross the session open in the opposite direction of the fake move and travel at least the configured ATR-scaled distance beyond it. When that happens the swing is Confirmed and the true direction is drawn on the chart. If the reversal window expires without confirmation the swing is recorded as Failed. Step 5 — History log Every confirmed and failed outcome is appended to a rolling 20-session log used by the statistics panel. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ SIGNALS & ALERTS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ On-chart visuals: • Dashed vertical line at session start (accent color) • "LON" or "NY" label at the session anchor bar (Balanced / Detailed only) • Shaded fake-move box from session open to fake extremum, colored opposite to the true direction (a bearish trap is shaded in the bear tone because the true direction is down — and vice versa) • Optional "Fake" distance label at the extremum (Detailed density only) • Reversal marker "X UP" or "X DOWN" at the confirmation bar, offset from the candles for readability • Horizontal support/resistance-style invalidation zone around the fake extremum, extending 40 bars to the right — a visual reference for where the Judas read would break down if price re-enters the zone Alert conditions (toggle individually in settings): • Judas Swing Forming — fake move has qualified, waiting for reversal • Judas Swing Confirmed — reversal threshold crossed, true direction known • Judas Swing Failed — reversal window expired without confirmation ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ KEY INPUTS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Session Windows • Track London Open — toggle London session monitoring • London Judas Window (NY time) — session string, default 0200-0300 • Track New York Open — toggle NY session monitoring • NY Judas Window (NY time) — session string, default 0930-1030 • Session Timezone — timezone used to interpret the windows • Reversal Window (minutes) — maximum time after window close in which a valid reversal can still be recorded Detection Logic • Min Fake-Move Size (ATR mult) — minimum excursion required to qualify • Reversal Confirmation (ATR mult) — distance beyond session open needed to confirm the reversal • ATR Length — lookback for threshold scaling Visuals • Show Session Start Line, Show Fake-Move Zone, Show Reversal Marker, Show Invalidation Zone — individual visual toggles • Label Density — Minimal / Balanced / Detailed • Font Size — tiny / small / normal / large (applies to labels and panel) • Theme — Dark / Light (panel only, chart candles unaffected) Panel • Show Info Panel — master toggle • Panel Location — 6 chart positions • Always displays: current session, state, true direction, fake distance, rolling 20-session statistics (success rate, avg distance, bull/bear bias), current TF status, and a footer reminding the optimal timeframe range Alerts — three individual toggles (Forming / Confirmed / Failed) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ HOW TO USE ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Supported timeframes: 1m, 5m, 15m, 30m, 1h. These resolve a session's early structure cleanly while keeping enough bars inside each Judas window for the extremum tracker to work with. Recommended default: 15m or 1h. Not supported: 4h, 1D, 1W. On these timeframes a single bar exceeds the session window, so nothing is detected. The panel will show a yellow "use <=1h" hint if you accidentally switch to one of these. Recommended instruments: FX majors (EURUSD, GBPUSD, USDJPY), index futures (NQ, ES), liquid crypto (BTC, ETH). The ATR-normalized thresholds keep the logic portable across these asset classes. Workflow suggestion: 1. Apply the indicator and let it observe several sessions so the panel populates a meaningful sample. 2. Review the 20-session success rate on your specific symbol and timeframe. This is not a forecast — it is a descriptive statistic of how the pattern has resolved in recent history on that chart. 3. Use the Forming alert as a heads-up, and the Confirmed alert as the main event. The true-direction arrow marks the bias of the remaining session, not a trade entry or exit. 4. Combine with your own structural context — higher timeframe bias, key levels, liquidity pools — before acting on any signal. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ LIMITATIONS & TRANSPARENCY ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ • Not a strategy. This is a discretionary analysis tool; it neither places orders nor implies any specific trade setup. • Intraday timeframes only. The logic requires 1h or lower charts to resolve the session windows. On 4h, 1D or higher the indicator will not detect anything and the panel will show a "use <=1h" notice. • No forecasting. Displayed statistics describe past behavior on the current chart only and do not imply future performance. • Pattern-dependent. When price opens and trends cleanly in one direction without a fake move, the pattern legitimately will not trigger. Low signal count on such sessions is expected behavior, not a malfunction. • Session boundary sensitivity. Results depend on the configured session windows and timezone. Outside the major FX and equities session hours the ICT framing may not translate cleanly. • Extreme-volatility sessions. During very large gaps or news spikes the ATR thresholds can be dominated by a single bar; users should review the defaults in those conditions. • Symbol coverage. Pip conversion handles forex and JPY pairs explicitly and falls back to tick-based sizing for other asset types. Values are intended as relative magnitudes, not broker-specific pip quotes. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ RISK DISCLOSURE ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ This indicator is provided for educational and analytical purposes only. It does not constitute financial advice, a recommendation, or a solicitation to buy or sell any instrument. Trading involves substantial risk of loss; past pattern behavior is not indicative of future results. Users are responsible for their own trading decisions and for verifying that any signal aligns with their own methodology and risk management. The source code is published under the Mozilla Public License 2.0. Feedback and constructive suggestions are welcome.
Pine Script® Indikator
von AGProLabs
2
AG Pro Reversal Pattern Quality Scanner [AGPro Series]AG Pro Reversal Pattern Quality Scanner Overview / What it does AG Pro Reversal Pattern Quality Scanner is an overlay tool designed to detect and visualize selected classical reversal structures directly on the chart while adding a structured quality layer to each valid setup. The script focuses on four widely recognized reversal formations: Double Top, Double Bottom, Head & Shoulders, and Inverse Head & Shoulders. Instead of marking every possible structural resemblance, the script applies a filtered detection workflow based on pivot structure, pattern width, peak or trough equality, pullback depth, neckline logic, and an internal quality model. The goal is not simply to identify a shape, but to highlight formations that display more balanced structure and more usable context. Each detected pattern can be displayed with a pattern box, a projected neckline, and a quality label that summarizes the pattern type, directional bias, quality score, and grade. This makes the script suitable for traders who want a structured visual map of potential reversal zones rather than a raw pattern-highlighting tool with no ranking logic. The indicator is built for chart reading and workflow support. It does not attempt to forecast future price movement with certainty, and it should not be interpreted as a standalone trade system. Its role is to help users organize reversal structures, compare them visually, and focus on higher-quality formations when reviewing price action. Unique Edge The main distinction of this script is that it does not treat all reversal patterns as equivalent. A detected pattern is further evaluated through a composite quality framework that considers structural symmetry, pullback depth, and volume behavior during formation and break conditions. For Double Top and Double Bottom structures, the script checks whether the two peaks or troughs remain sufficiently close to each other within a defined tolerance and whether the intermediate pullback is large enough to make the structure meaningful. For Head & Shoulders and Inverse Head & Shoulders structures, the script evaluates shoulder symmetry, time symmetry, and relative positioning of the head against the shoulders. The volume component is not used as a promise of confirmation. It is used as an additional contextual factor inside the quality score. In general terms, contracting volume during formation and stronger participation during the break candidate can improve the overall score when those conditions are present. Another important part of the design is visual prioritization. The script does not only draw the structure. It also attempts to keep the chart readable by organizing labels, neckline extensions, and pattern boxes in a way that preserves interpretation. The result is a cleaner reversal-pattern map that aims to be more practical than a simple shape detector. Methodology The script begins with swing pivot detection. These pivots act as the structural foundation for all pattern candidates. Once enough pivot highs and lows are available, the script evaluates whether recent pivot sequences fit the requirements of one of the supported reversal structures. For Double Top detection, the script checks whether two recent highs are similar enough, whether the interim low forms a valid neckline reference, whether the pattern width stays within defined limits, and whether price has broken below the neckline. For Double Bottom detection, the logic is mirrored on the bullish side through two similar lows, an interim high as the neckline reference, and a bullish break condition above that neckline. For Head & Shoulders detection, the script evaluates a sequence of three pivot highs where the middle high must exceed the two shoulders. It then estimates neckline structure from the lows between those highs and applies symmetry and pullback checks before accepting the setup. Inverse Head & Shoulders applies the same structural concept in reverse using pivot lows. After a valid break condition is detected, the script calculates a composite quality score. This score is based on user-controlled weights for volume behavior, symmetry, and pullback depth. The final output is normalized into a 1 to 10 quality scale, then translated into a grade label for easier scanning. Signals & Alerts The script can generate pattern-based alert conditions for: - Double Top - Double Bottom - Head & Shoulders - Inverse Head & Shoulders These alerts are tied to the script’s internal structural conditions and neckline break logic. As with any chart-based alert workflow, users should confirm that the selected settings match their market, timeframe, and execution style. Visual output can include: - Pattern boxes - Neckline lines - Neckline labels - Pattern quality labels - Break candle highlighting - Information panel with detection statistics The quality label is intended to summarize the detected structure, not to guarantee outcome quality. A higher score means the pattern aligned more closely with the script’s internal criteria. It does not mean the setup must succeed. Key Inputs The script includes adjustable inputs for both detection behavior and presentation. Key controls include: - Swing Pivot Length - Peak / Trough Equality tolerance - Minimum Pullback Between Peaks or Troughs - Minimum and Maximum Pattern Width - Minimum Quality to Display - Weighting of volume, symmetry, and pullback depth inside the quality score - Box, neckline, and pattern-label visibility - Global label size - Panel font size - Panel position - Neckline extension length - Pattern-specific alert toggles These controls make it possible to adapt the scanner to different chart densities, volatility profiles, and personal visual preferences. Limitations & Transparency This indicator is a rule-based pattern scanner. It is not a predictive engine, and it does not claim that all detected formations will lead to continuation or reversal. Classical chart structures can fail, invalidate, or behave differently depending on volatility, trend strength, liquidity conditions, timeframe, and broader market context. Pattern recognition on live charts is inherently sensitive to pivot settings and bar structure. Small changes in pivot length, equality tolerance, or minimum pullback can materially change how many formations appear. Because of that, users should treat the script as a configurable analytical framework rather than a universal template. The quality score is an internal ranking model built from the script’s own criteria. It is meant to help compare setups inside the same framework. It should not be interpreted as an objective probability model, a performance promise, or a substitute for independent trade management. Volume analysis also depends on the reliability and characteristics of the symbol’s reported data. On some instruments, volume may be less informative or behave differently than expected. Users should evaluate this in the context of their own market. Risk Disclosure This script is provided for chart analysis, workflow organization, and educational use. It does not provide financial advice, investment advice, or guaranteed trade signals. All trading and investment decisions remain the sole responsibility of the user. Reversal patterns can fail even when they appear clean and well-structured. Breaks can reverse, neckline moves can trap participants, and high-scoring formations can still underperform. Risk management, confirmation process, position sizing, and overall strategy design remain essential. Use this tool as a structured visual aid inside a broader decision-making process, not as a standalone reason to enter or exit a position.
Pine Script® Indikator
von AGProLabs
4
AG Pro Inside Bar Breakout Quality [AGPro Series]AG Pro Inside Bar Breakout Quality Overview / What it does AG Pro Inside Bar Breakout Quality is an overlay tool built to study one of the market’s most familiar compression structures: the inside bar. Instead of stopping at simple detection, the script evaluates what happens after the pattern forms and grades the breakout attempt with a structured quality model. The result is a workflow-oriented view of inside bar compression, breakout strength, and failed continuation behavior. The script first identifies a strict inside bar condition, where the current bar remains fully contained within the previous bar’s range. That parent range becomes the active reference zone. From there, the script monitors whether price resolves above or below the structure, whether the move is confirmed by close, whether volume supports the breakout, and whether the breakout later fails and re-enters the range within a user-defined window. This is not designed as a generic “any breakout” marker. Its purpose is narrower and more specific: it focuses on a compact volatility contraction event, then measures how decisively price leaves that compression. In practical chart work, this helps separate a low-commitment range poke from a more convincing expansion move. The visual presentation is intentionally structured. Inside bar zones are boxed, breakout direction is marked, quality is scored, and fakeouts are labeled when the breakout reverses back into the monitored range. This makes the script suitable for traders who want a cleaner way to inspect inside bar behavior without manually drawing every structure. Unique Edge The main difference here is that the script does not treat every inside bar break as equally meaningful. Many tools stop at “pattern detected” or “level broken.” This script adds a second layer: breakout quality. That layer is derived from close position, volume context, candle body participation, and alignment with the parent candle’s directional bias. A second differentiator is the built-in fakeout logic. After a breakout is detected, the script continues to watch price for a limited number of bars. If the move quickly returns back through the breakout boundary, the event is tagged as a fakeout. This adds post-event context instead of only marking the first directional move. Another distinction is that the methodology is deterministic and chart-native. The logic is rule-based, visible, and reproducible from bar to bar. Users can decide whether to require close confirmation beyond the inside bar range, whether to require volume confirmation, and how strict they want the displayed threshold to be through the minimum score filter. In short, this script is not only about finding compression. It is about ranking the quality of the expansion attempt that follows the compression, while also acknowledging that some breakouts fail quickly and should be read differently. Methodology 1) Inside Bar Detection An inside bar is identified when the current bar’s high is lower than the previous bar’s high and the current bar’s low is higher than the previous bar’s low. This creates a strict containment definition based on the previous candle’s full range. 2) Reference Zone Once an inside bar is detected, the prior candle becomes the parent reference bar. Its high and low define the active breakout boundaries. That range can be visualized as a box, with an optional midpoint line to make the compression zone easier to read on chart. 3) Breakout Confirmation A bullish breakout occurs when price moves above the parent high. A bearish breakout occurs when price moves below the parent low. Users can choose whether breakout confirmation should be based on close beyond the range or on a less restrictive intrabar break condition. 4) Quality Score Each breakout can be scored on a 0–10 scale. The score is built from multiple components: - close position relative to the inside bar boundary - volume ratio versus the selected moving average - body participation within the breakout candle’s total range - directional alignment between the breakout and the parent candle bias This scoring model is designed to estimate how committed the breakout candle appears, rather than assuming all breaks have equal informational value. 5) Fakeout Detection If enabled, the script monitors a user-defined number of bars after breakout. A bullish breakout that returns back below the upper boundary within that window is labeled as a bull trap / fakeout. A bearish breakout that returns back above the lower boundary within that window is labeled as a bear trap / fakeout. 6) Visual Layer The script can display the inside bar zone, midpoint, breakout arrows, score labels, and fakeout markers. A summary panel tracks aggregate statistics such as total inside bars, total breakouts, breakout direction counts, fakeouts, and the latest breakout score. Signals & Alerts The script can provide alert conditions for: - bullish inside bar breakout - bearish inside bar breakout - fakeout detection - high-quality breakout events - any breakout event These alerts are intended to help users monitor the pattern and its resolution more efficiently. They do not replace trade planning, confirmation from broader market context, or independent risk management. Key Inputs Min Score to Show Breakout Filters displayed breakout labels by quality threshold. This can be useful for reducing low-quality visual noise. Volume Confirmation Required When enabled, breakout evaluation requires volume to be above its moving average threshold. This can help remove low-participation breaks. Volume MA Period Defines the lookback length for average volume comparison. Require Close Beyond IB When enabled, breakout confirmation depends on bar close beyond the parent range. This creates a more conservative and more stable breakout definition. Max IBs to Display Controls how many recent structures and related objects remain visible on chart. Show IB Box / Midline / Breakout Arrow / Score Label Lets users decide how much visual detail they want to keep on screen. Glow Effect on High Score Adds emphasis to stronger breakout events without changing the underlying logic. Fakeout Window Defines how many bars after breakout the script should continue monitoring for a return back through the breakout boundary. Limitations & Transparency This script studies inside bar compression and subsequent breakout behavior. It does not claim to identify all meaningful consolidations, and it does not attempt to classify every market regime. The methodology is intentionally focused on one structure. The score is a rule-based quality model, not an objective measure of future outcome. A high score does not guarantee continuation, and a lower score does not guarantee failure. It simply reflects how the breakout candle and its context behave according to the script’s internal criteria. Volume-based interpretation may vary across symbols and markets. On some instruments, especially those with inconsistent or synthetic volume data, volume confirmation may be less informative than on others. Users should evaluate whether volume filtering is appropriate for the asset they are studying. Fakeout detection is also definition-dependent. The script labels a fakeout when price returns through the breakout boundary within the selected lookback window. Different traders may prefer a different timing window or a different failure definition. As with any overlay, chart readability depends on market volatility, timeframe, and user settings. On lower timeframes or during highly active periods, more visual events may appear. The built-in filters and display controls are there to help manage that density. Risk Disclosure This script is an analytical tool for chart study. It is not financial advice, not a trade recommendation, and not a promise of future results. Inside bar breakouts can behave differently across timeframes, instruments, and market regimes. Users should not rely on a single pattern, score, or alert in isolation. Context still matters, including trend condition, liquidity environment, nearby structure, volatility regime, and execution discipline. Before using this script in any live decision process, it should be reviewed in the specific market and timeframe relevant to the user’s own approach. Testing, observation, and risk controls remain essential.
Pine Script® Indikator
von AGProLabs
2
AG Pro Pin Bar Quality Filter [AGPro Series]AG Pro Pin Bar Quality Filter Overview / What it does AG Pro Pin Bar Quality Filter is a price-action overlay built to detect pin bar candles and then separate higher-quality rejection candles from weaker or noisier ones. The script does not treat every long-wick candle as equally meaningful. Instead, it evaluates the internal candle structure first, then applies a compact quality framework around volume, recent momentum, and local support/resistance context. The result is a filtered pin bar workflow designed for traders who want cleaner chart annotation rather than a raw pattern dump. This tool focuses on one specific job: identifying rejection candles with a measurable structure and presenting them with a readable quality label directly on the chart. It is intended to help users inspect potential reaction points, not to replace broader market context or execution rules. The visual design is intentionally simple at the core: pin bar body highlighting, wick emphasis, directional markers, and compact quality labels. This makes the script suitable for traders who want candle-based context without converting the chart into a full market-structure dashboard. Unique Edge The distinctive feature of this script is that it does not stop at pattern detection. A standard pin bar script often marks candles only because they have a long wick. This script goes further by checking whether the wick is large enough relative to the body, whether the body itself is small enough relative to the full candle range, and whether one wick clearly dominates the other. That combination helps reduce ambiguous candles that visually resemble pin bars but do not express clean rejection. After the structural test, the script applies a three-part quality model: - volume confirmation - momentum context - support/resistance proximity This creates a practical quality hierarchy rather than a binary pattern label. In other words, the script is not only asking “Is this a pin bar?” but also “How much contextual support does this pin bar have?” An optional piercing check is also available for users who want stricter validation. This adds another layer of selectivity by requiring the candle body to show stronger positional behavior relative to the prior bar. Methodology The script starts by measuring the current candle: - candle body size - full candle range - upper wick length - lower wick length - dominant wick versus body ratio A raw pin bar candidate requires: - a minimum wick/body ratio - a maximum body percentage of full range - directional wick dominance This helps define whether the candle is a legitimate bullish or bearish rejection structure. Bullish pin logic is based on lower-wick dominance. Bearish pin logic is based on upper-wick dominance. Once a raw pin bar is detected, the script evaluates three contextual filters. 1) Volume filter The current volume can be compared against a moving average of volume. This helps identify candles that form with relatively stronger participation. 2) Momentum confirmation The script can check whether recent candles were moving in the opposite direction of the current pin bar. For example, a bullish pin bar becomes more meaningful when it forms after short-term downward pressure, while a bearish pin bar becomes more meaningful after short-term upward pressure. 3) Support / resistance proximity The script tracks pivot-based reference levels and checks whether the pin bar forms close to a recent local support or resistance area, using an ATR-based distance threshold. Each passed filter contributes to the final quality score. This produces a compact tiered output instead of a single undifferentiated signal stream. Signals & Alerts The script can identify: - bullish pin bars - bearish pin bars - higher-quality pin bars based on the selected minimum score Visual elements may include: - body highlighting on detected pin bars - wick emphasis - directional arrow markers - quality labels with contextual details - an information panel summarizing the active state The quality label can display the signal tier and relevant confirmations such as: - wick/body ratio - volume confirmation - momentum confirmation - support/resistance proximity Alert conditions are available for: - bullish pin bars - bearish pin bars - prime-quality pin bars - any valid pin bar that meets the selected score threshold This allows users to align alerts with their own strictness settings rather than monitoring every possible candle manually. Key Inputs Important user controls include: - minimum wick/body ratio - maximum body percentage of full range - wick dominance threshold - optional piercing requirement - volume filter enable/disable - momentum filter enable/disable - support/resistance filter enable/disable - minimum quality score - label size - panel display - maximum number of displayed signals These settings make the script adaptable across different instruments and chart styles. Users who prefer a broader scan can lower the strictness, while users who want fewer but cleaner signals can raise the thresholds. Limitations & Transparency This script is a rule-based candle-quality filter. It is not a market prediction engine, and it does not attempt to classify broader trend structure, liquidity behavior, or macro regime by itself. A pin bar can still fail even when all filters pass. A visually strong rejection candle is not automatically a durable reversal. Context such as higher-timeframe structure, trend state, volatility regime, session behavior, and instrument-specific character still matters. Support and resistance detection in this script is pivot-based and proximity-based. It is designed as a practical contextual filter, not as a complete structural mapping model. Volume behavior also varies by asset and market type. On some instruments, especially where centralized volume data is limited or interpreted differently, the volume filter should be treated as a supplementary input rather than a universal truth test. The momentum check is intentionally compact and local. It is meant to improve candle context, not to replace broader directional analysis. For these reasons, the script is best used as a chart-reading assistant within a larger process, not as a standalone decision framework. Risk Disclosure This script is provided for technical analysis and chart annotation purposes only. It highlights selected pin bar conditions based on user-defined structural and contextual rules. It does not provide financial advice, investment advice, or guaranteed trade outcomes. Markets can remain irrational, trend continuation can invalidate rejection candles, and false positives can occur in all timeframes and asset classes. Users should validate the script on their own instruments, timeframes, and risk models before relying on it in live conditions. Position sizing, stop placement, execution discipline, and overall trade management remain the responsibility of the user. In summary, AG Pro Pin Bar Quality Filter is designed to help traders study rejection candles with more structure, more selectivity, and cleaner on-chart presentation than a basic pin bar marker, while remaining transparent about what the script does and does not do.
Pine Script® Indikator
von AGProLabs
2
AB Lydian Pulse⚡ AB·LYDIAN PULSE — Professional Candlestick Pattern Analysis System ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ AB·LYDIAN PULSE is a professional analysis system that detects candlestick patterns on your chart, scores the quality of each formation, and displays only meaningful signals. This is NOT a trend or momentum indicator. It focuses solely on candlestick formations. ━━━━━━━━━━━━━━━━━━━━━━━━ ▲ BULLISH PATTERNS ━━━━━━━━━━━━━━━━━━━━━━━━ 🔨 Hammer Small body with a long lower wick. Lower wick must be at least 60% of total range. Strong reversal signal when formed after a downtrend. 🟢 Bullish Engulfing A large green candle that completely engulfs the previous small red candle. Valid when the green body fully covers the red body. ⭐ Morning Star Three-candle pattern: large red → small body → large green. The final candle must close above the midpoint of the first candle. 📌 Piercing Line Green candle after a red candle. Green opens below the previous low and closes above the midpoint of the red body. 🏛️ Three White Soldiers Three consecutive bullish candles. Each closes higher than the previous. Upper wicks must be short. ━━━━━━━━━━━━━━━━━━━━━━━━ ▼ BEARISH PATTERNS ━━━━━━━━━━━━━━━━━━━━━━━━ 💫 Shooting Star Small body with a long upper wick. Upper wick must be at least 60% of total range. Strong reversal signal when formed after an uptrend. 🔴 Bearish Engulfing A large red candle that completely engulfs the previous small green candle. Valid when the red body fully covers the green body. 🌙 Evening Star Three-candle pattern: large green → small body → large red. Mirror image of Morning Star. Final candle must close below the midpoint of the first. ☁️ Dark Cloud Cover Red candle after a green candle. Red opens above the previous high and closes below the midpoint of the green body. 🏴 Three Black Crows Three consecutive bearish candles. Each closes lower than the previous. Lower wicks must be short. ━━━━━━━━━━━━━━━━━━━━━━━━ ◆ NEUTRAL PATTERNS ━━━━━━━━━━━━━━━━━━━━━━━━ ✦ Doji Open and close at nearly the same level. Signals market indecision. Upper and lower wicks should be balanced. ◧ Harami Second candle's body is completely contained within the first candle's body. Divided into Bullish Harami (after downtrend) and Bearish Harami (after uptrend). ━━━━━━━━━━━━━━━━━━━━━━━━ 🏆 QUALITY GRADING SYSTEM ━━━━━━━━━━━━━━━━━━━━━━━━ Each detected pattern receives a quality score from 0-100: 🟢 Grade A (75-100): Perfect formation. All criteria fully met. Large label on chart. 🟡 Grade B (50-74): Good formation. Most criteria met. Normal label. 🟠 Grade C (30-49): Acceptable. Minimum criteria satisfied. Small label. Score is calculated based on: — Wick / body ratio accuracy — Body size (ATR-based dynamic threshold) — Volume strength — Previous candle alignment — Pattern-specific bonus criteria ━━━━━━━━━━━━━━━━━━━━━━━━ 🔍 SMART FILTERS ━━━━━━━━━━━━━━━━━━━━━━━━ 📏 ATR Dynamic Threshold: Candle size evaluated against ATR. Auto-adjusts across all timeframes. 📊 Volume Confirmation: Signal strengthens when volume exceeds average. Can be toggled on/off. 🏆 Quality Filter: Only selected grade level and above are displayed (A / B / C). ⏱️ Spam Filter: Consecutive same-direction signals are blocked. Minimum 5-bar cooldown. 🔬 Textbook Validation: Each pattern is verified against its own specific rules. ━━━━━━━━━━━━━━━━━━━━━━━━ 📋 PREMIUM PANEL ━━━━━━━━━━━━━━━━━━━━━━━━ 🕯️ Last signal name and emoji 📐 Direction (Bullish / Bearish / Neutral) ⏱️ How many bars ago it occurred 🏷️ Pattern type (Reversal / Neutral) 🏆 Quality grade and numeric score (/100) 🎯 Win rate (last 200 bars) 📊 Market bias (based on signal balance) 📈 Last 50 bars statistics 📜 Last 3 signals history Panel can be moved to 6 different positions and displayed in 3 sizes. ━━━━━━━━━━━━━━━━━━━━━━━━ ⚙️ SETTINGS ━━━━━━━━━━━━━━━━━━━━━━━━ 🌐 Language: Turkish / English (all labels and panel text adapt) 📏 ATR Period (default: 14) 📐 Min Body / ATR Ratio (default: 0.4) ⏱️ Signal Cooldown (default: 5 bars) 📊 Volume SMA Period (default: 20) 🎨 Customizable Bullish / Bearish / Neutral colors 🕯️ Each of the 12 patterns can be individually toggled on/off 📋 Panel position and size adjustable 🔔 Separate alert condition for each pattern ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ DISCLAIMER This indicator is NOT INVESTMENT ADVICE. It provides technical analysis information only. Base your investment decisions on your own research. Past performance is not a guarantee of future results. The developer cannot be held responsible for any financial losses that may occur from using this indicator.
Pine Script® Indikator
von Mindlytic
Breakout Pattern Setup [WillyAlgoTrader]📐 Breakout Pattern Setup is an overlay indicator that automatically detects converging price channels (wedges, triangles, pennants) by fitting trendlines to confirmed pivot points using a boundary-fit algorithm, then monitors for breakouts confirmed by a 5-factor strength scoring engine — with directional probability scoring while price is inside the channel, volume contraction verification, and automatic TP/SL placement based on the measured move (channel width projected from breakout). Once a breakout fires, the trade stays open until TP3 (full measured move) or SL is reached — with trailing to breakeven after TP1. The core concept: converging channels compress volatility — when price breaks out of a narrowing range, the ensuing move tends to be proportional to the channel's maximum width. This indicator automates the entire workflow: detect pivots, fit upper and lower trendlines, verify convergence and volume contraction, score the breakout quality when it occurs, set targets based on the measured move, and track the trade to completion. 🧩 WHY THESE COMPONENTS WORK TOGETHER Manual channel drawing is subjective — two traders will draw different trendlines from the same pivots. A breakout without strength scoring treats strong and weak breaks equally. Targets without measured-move anchoring are arbitrary. This indicator chains each component into a sequential pipeline: Pivot detection → Boundary-fit algorithm (best trendline pairs) → Convergence + width + volume contraction verification → Channel visualization → Directional probability scoring → Breakout detection + 5-factor strength scoring → TP/SL from measured move → Trailing SL to breakeven after TP1 → Trade outcome tracking (win rate) The pivot detection feeds raw swing points to the boundary-fit algorithm. The algorithm tests all pivot pair combinations and selects the lines with the most touches and least deviation — producing objective, reproducible trendlines. The convergence filter ensures only narrowing channels qualify (not parallel channels or expanding formations). Volume contraction confirms the volatility squeeze is genuine. The directional score gives real-time probability before the breakout occurs. The 5-factor strength score evaluates the breakout candle itself. And the measured-move TP/SL system manages the trade from entry through breakeven trail to final outcome. 🔍 WHAT MAKES IT ORIGINAL 1️⃣ Boundary-fit trendline algorithm. The algorithm finds optimal upper and lower trendlines by exhaustive search over confirmed pivots: Upper boundary: For every pair of pivot highs (A, B) within the lookback window: — Project a line through A and B — Check all other pivot highs: none may exceed the line by more than deviationMax × ATR (no overshoots beyond tolerance) — Count how many pivot highs fall within touchTolerance × ATR of the line (touches) — Keep the pair with the most touches Lower boundary: Same process for pivot lows — no undershoot beyond tolerance, maximize touches. A trendline is projected via: y = y1 + (y2 − y1) × (x − x1) / (x2 − x1). The touch tolerance (default 0.15× ATR) and deviation maximum (default 0.3× ATR) are both ATR-normalized, adapting to the instrument's volatility. The scan runs on new pivots and every 10 bars (configurable interval), testing up to 15 recent pivots per side — producing the objectively best-fitting converging channel from available data. 2️⃣ Multi-criteria channel validation. A detected channel must pass all five checks: — 📏 Convergence : the channel is narrowing — current width < starting width. Convergence rate = 1 − (widthNow / widthStart) ≥ minConvergence (default 0.02 = at least 2% narrower) — 📐 Width range : current width ≥ minChannelWidth × ATR (not too thin) AND < 10× ATR (not too wide) — 📊 Volume contraction (when enabled): average volume inside the channel < 85% of average volume before the channel — confirms the volatility squeeze is accompanied by declining participation — 📍 Price position : previous bar's close is inside the channel (not already broken out) — ⚡ No inversion : upper boundary > lower boundary at the current bar 3️⃣ 5-factor breakout strength scoring (0–100). When price closes beyond a channel boundary: — 📏 Penetration depth (25%) : (close − boundary) / ATR, normalized to 0–1 (capped at 2× ATR). Deeper penetration = stronger commitment. — 📊 Body ratio (15%) : candle body / candle range. Full-body candles (small wicks) indicate conviction. Doji/pin bars = weak. — 📍 Body commitment (15%) : body midpoint beyond the boundary = 1.0, inside channel = 0.3. Full body commitment means the entire candle moved through, not just a wick. — 📈 Volume confirmation (25%) : volume > SMA(20) × volumeSpikeMult = 1.0, otherwise 0.4. Above-average volume on the breakout bar confirms institutional participation. — 💪 Momentum confirmation (20%) : RSI(14) > 50 for bullish (or < 50 for bearish) = 1.0, otherwise 0.4. Classification: Strong (≥ 65), Medium (35–65), Weak (< 35). The strength is displayed on the breakout label and in the dashboard. 4️⃣ Directional probability scoring (0–100) while inside channel. Before the breakout occurs, the indicator provides a real-time directional score: — 📐 Channel slope bias (35%) : midline slope normalized by ATR — upward-sloping channels bias bullish, downward bias bearish — 📊 RSI bias (35%) : (RSI − 50) / 50 — momentum direction — 📍 Position in channel (30%) : (close − lower) / width — price near upper boundary biases bullish, near lower biases bearish Score > 60% = bullish lean, < 40% = bearish lean, 40–60 = neutral. Displayed in the dashboard as "Bull Prob" — gives you a heads-up before the breakout direction is confirmed. 5️⃣ Measured-move TP/SL with trailing to breakeven. On breakout: — Target = breakout boundary + channel maximum width (the classic measured-move projection) — TP1 = entry + fullMove / 3 — TP2 = entry + fullMove × 2/3 — TP3 = entry + fullMove (full measured move) — SL = opposite channel boundary ± ATR padding (configurable, default 0) After TP1 is hit, the SL moves to breakeven (entry price) — the entry label updates to show "(SL → BE)" and the original SL label dims. Trade stays open until TP3 (full measured move) or SL is reached. TP/SL labels show percentage distance from entry and update with ✓ / ✗ markers on hit. SL has priority on same-bar conflicts (SL checked before TPs). 6️⃣ Win/loss tracking with historical statistics. The indicator tracks: total patterns detected, bull/bear breakout counts, wins (TP1 hit before SL), losses (SL hit before TP1), and win rate — all displayed in the dashboard. Two display modes: "All" (full history of all channels and trades) or "Last Only" (clean chart showing only the most recent pattern + trade, automatically cleaned up when a new pattern is detected). 7️⃣ Channel visualization with breakout color shift. Before breakout: neutral channel lines (configurable color, default yellow) with optional fill. On bullish breakout: lines and fill shift to green. On bearish breakout: lines shift to red. Channel timeout (max width bars with no breakout) resets the scanner to look for new patterns. ⚙️ HOW IT WORKS — CALCULATION FLOW Step 1 — Pivot detection: ta.pivothigh/ta.pivotlow with configurable lookback. Pivots stored in arrays (up to 60 recent, capped). Step 2 — Boundary-fit scan: On new pivot or every 10 bars (if no active channel and no open trade): test all pairs of pivot highs for upper boundary, all pairs of pivot lows for lower boundary. Select best-fit lines by maximum touches. Step 3 — Channel validation: Convergence rate ≥ minimum, width within range, volume contraction passes, price is inside, no inversion → channel activated. Step 4 — Inside-channel monitoring: Directional probability score updated each bar. Channel lines extend. Background optional. Step 5 — Breakout detection: Close beyond boundary + bar confirmed → 5-factor strength scoring → signal + TP/SL placement → channel lines recolored. Step 6 — Trade tracking: TP1/TP2/TP3 and SL hit detection with SL priority. TP1 hit → trailing SL to breakeven. TP3 or SL → trade closed, channel reset, scanner resumes. 📖 HOW TO USE 🎯 Quick start: 1. Add the indicator — it scans for converging channels automatically 2. Yellow channel lines appear when a valid pattern is detected 3. Dashboard shows "Active" + "Bull Prob" percentage 4. On breakout → "Long"/"Short" label + Entry/SL/TP1–TP3 lines appear 5. TP1 hit → SL moves to breakeven. TP3 → trade complete. 👁️ Reading the chart: — 🟡 Channel lines = active converging pattern (pre-breakout) — 🟢 Channel turns green = confirmed bullish breakout — 🔴 Channel turns red = confirmed bearish breakout — 🟢 "Long" / 🔴 "Short" label = confirmed breakout signal with strength — 🔵 Blue line = entry, 🔴 red = SL, 🟢 green dashed = TP1/TP2/TP3 — ✓ on TP labels = target hit, ✗ on SL = stopped out 📊 Dashboard fields: — Pattern: Active / Bull Break / Bear Break / Scanning — Strength: Strong / Medium / Weak (5-factor score) — Trade: Active / TP1 ✓ (BE) / TP2 ✓ / TP3 ✓ / SL Hit — Bull Prob: directional probability (0–100%) while inside channel — R:R (TP1): risk-to-reward ratio — Touches: upper/lower boundary touch counts — Vol Contraction: in-channel vs pre-channel volume ratio — Convergence: narrowing rate percentage — Patterns / Breaks / Win Rate: cumulative statistics 🔧 Tuning guide: — No patterns found: decrease Min Touches (2), increase Max Channel Width (150+), decrease Min Convergence (0.01) — Too many weak patterns: increase Min Touches (3), increase Min Channel Width ATR (0.7+) — Weak breakouts: increase Volume Spike Mult (1.5+), enable Momentum Confirmation — SL too tight: increase SL Padding (0.2–0.3 ATR) — Want clean chart: set Pattern History to "Last Only" ⚙️ KEY SETTINGS REFERENCE ⚙️ Main: — Pivot Detection Length (default 5): swing lookback — Min Touches (default 2): pivots per boundary — Max Channel Width (default 120 bars): lookback limit — Min Convergence Rate (default 0.02): narrowing threshold 🔍 Filters: — Volume Spike Mult (default 1.2): breakout bar volume requirement — Volume Contraction (default On): require declining volume in channel — Momentum Confirmation (default On): RSI alignment 🛡️ Risk: — SL Padding (default 0 ATR): buffer beyond opposite boundary — Label Offset (default 20 bars): right-side level label distance 🔧 Advanced: — Touch Tolerance (default 0.15 ATR): pivot proximity to trendline — Max Deviation (default 0.3 ATR): maximum pivot overshoot — Min Channel Width (default 0.5 ATR): filter out thin channels 📐 Channel Lines: — Show Channel Fill (default On), color and width configurable 🔔 Alerts — 🟢 BUY / 🔴 SELL — breakout with strength, entry, SL, TP1–TP3 — 🟡 PATTERN DETECTED — new channel found — 🎯 TP1 / TP2 / 🏆 TP3 HIT — trade progress — 🛑 SL HIT — stopped out All support plain text and JSON webhook format. Bar-close confirmed. ⚠️ IMPORTANT NOTES — 🚫 No repainting. All breakout signals require barstate.isconfirmed. Channel detection runs on confirmed pivots (equal left/right lookback). The boundary-fit algorithm selects the best trendlines from historical pivots — the resulting lines are objective and reproducible. — 📐 The boundary-fit algorithm tests all valid pivot pairs (up to 15 per side) and selects the combination with the most touches that satisfies the deviation constraint. This is an exhaustive search, not a linear regression — it produces the tightest-fitting boundary lines possible from the data. — ⚖️ The measured-move target (channel width projected from breakout) is the classic technical analysis projection for converging patterns. TP1/TP2/TP3 divide this move into thirds: TP1 = 33%, TP2 = 67%, TP3 = 100% of the projected move. — 📊 Volume contraction compares average volume inside the channel vs before the channel over the same number of bars. A ratio below 85% confirms genuine volatility compression. — 🔒 Once a breakout fires, the trade stays open until TP3 or SL is reached — there is no intermediate invalidation. The channel remains active while the trade is open. Channels without a breakout timeout after the max channel width in bars. — 📏 SL priority: on a bar where both SL and TP are touched, SL is checked first . After TP1, SL moves to breakeven (entry price). — 🛠️ This is a pattern detection and breakout scoring tool , not an automated trading bot. It identifies converging channels, scores breakouts, and sets measured-move targets — trade decisions remain yours. — 🌐 Works on all markets and timeframes. Volume features auto-adapt to instruments without volume data.
Pine Script® Indikator
von WillyAlgoTrader
32
Flag Breakout Forecasts [AlgoAlpha]🟠 OVERVIEW This indicator detects converging price channels — commonly called flags or wedges — directly on the chart using a zigzag-based pivot detection algorithm. It identifies three collinear pivot points on both the highs and the lows to confirm a valid channel, then monitors the channel in real time for a breakout. Beyond just drawing the channel, the script assigns probabilistic forecasts to each active pattern. It uses the historical distribution of past breakout durations and directions to estimate the likelihood of an imminent breakout, whether that breakout will be bullish or bearish, and adjusts those estimates using live volume data accumulated inside the pattern. A supplemental volume table and a net-volume gauge render alongside each detected pattern, giving traders a second lens into the supply-and-demand balance before a move resolves. 🟠 CONCEPTS Zigzag — A filtered sequence of alternating swing highs and swing lows. Pivots are confirmed only after a user defined bars on each side, so shorter user defined values capture minor swings and larger values require more significant price moves. Collinearity check — Given three pivot points, the script projects a straight line from the first to the third and measures how far the middle pivot deviates from it, expressed as a percentage of price. If the deviation falls below the tolerance threshold, the three pivots are treated as lying on the same trendline. Converging channel — A pair of trendlines (one through swing highs, one through swing lows) where the gap between them narrows from left to right. This geometry distinguishes flags and symmetric wedges from parallel channels. Early detection — When one trendline is confirmed but the other lacks a third pivot, the script uses the current running extreme (an unconfirmed potential pivot) as a temporary third point. The resulting line is drawn dashed and upgrades to solid when the pivot is confirmed. Breakout confirmation — A break is logged after the close exits the projected channel boundary for two consecutive bars, or immediately when the breakout candle body extends well beyond the boundary and its body size is at least 3 standard deviations above the 20-bar mean body length. Normal CDF approximation — Breakout duration probabilities are derived using the Abramowitz and Stegun rational approximation to the standard normal cumulative distribution function, applied to z-scores computed from the historical distribution of past breakout durations. Net volume ratio — Bullish volume (up-close bars) minus bearish volume (down-close bars), divided by total volume, mapped to a −100 to +100 scale. Used to tilt the directional probability estimate away from the purely historical base rate. 🟠 FEATURES Automatic channel detection — Channels are drawn the moment three collinear pivots are confirmed on each side with matching alignment and convergence. • Solid lines for fully confirmed channels. • Dashed lines for the side that is still waiting on a third confirmed pivot. Probabilistic overlay label — Displayed above each active channel. • P(break): probability that a breakout will occur soon, based on how the current pattern duration compares to historical durations. • P(bull) / P(bear): directional probabilities derived from historical breakout directions and blended with live net volume. Net volume gauge — A color-gradient vertical bar drawn to the right of the last candle, with a pointer showing whether up-close or down-close volume dominates the current pattern. Volume statistics table — Shows bullish volume, bearish volume, net volume, total volume, ATR, and pattern duration for the most recent active pattern. Cell background intensity scales with volume magnitude. Breakout signals — Arrow labels mark the breakout bar with the direction, total volume absorbed, and the number of bars the pattern lasted. Background highlight — A subtle background color appears on the bar when a new pattern is first detected. To help users know the exact time the pattern was detected 🟠 HOW TO USE Adjust len to match the swings you trade — lower values (3–5) for intraday patterns, higher values (10–20) for swing or position setups. Tighten collinearity tolerance to 0.1–0.2% if you want only very clean trendline alignments; loosen it toward 1% if you want the indicator to catch more approximate formations. Watch the dashed channel side — it signals an early, unconfirmed pattern. Treat it as a warning rather than a confirmed setup, and wait for it to turn solid before acting. Check P(break) in the label — a reading above 70% means the current pattern has already lasted longer than most historical patterns, suggesting a resolution is statistically overdue. Use P(bull) and P(bear) alongside the volume gauge — when P(bull) is elevated and the gauge leans bullish, the two signals agree on direction. Disagreement between them calls for extra caution. Reference the volume table's net row — persistently positive net volume during a bearish-looking wedge can indicate absorption of selling pressure and a possible upside resolution. Set alerts for "Pattern formed," "Bullish breakout," "Bearish breakout," and the strong-break variants to monitor multiple instruments without watching the chart continuously. 🟠 CONCLUSION Flag Breakout Forecasts detects converging price channels using zigzag pivot collinearity and geometric validation, then layers on probabilistic duration and direction estimates derived from each instrument's own historical breakout data. The result is a self-calibrating pattern tool that combines structural chart analysis, volume profiling, and statistical inference in a single overlay.
Pine Script® Indikator
von AlgoAlpha
7
Candle DNA Strand█ CANDLE DNA STRAND A unique lower-panel indicator that visualizes candle structure as a stylized double-helix pattern. One strand represents body dominance (open-close range) while the other represents wick proportion (shadow-to-body ratio). The strands twist around a center axis with color encoding for bullish/bearish bias, revealing candle character patterns over time in an intuitive DNA-inspired format. █ CONCEPT Traditional candlestick analysis focuses on individual candle patterns. The Candle DNA Strand takes a different approach by decomposing every candle into two core metrics and plotting them as intertwined waves: • Body Strand — Measures how much of each candle is "body" (the filled portion between open and close). High body ratios indicate conviction and directional commitment. • Wick Strand — Measures how much of each candle is "shadow" (upper and lower wicks combined). High wick ratios indicate rejection, indecision, or failed attempts at direction. These two strands are phase-offset by 180° to create the classic double-helix DNA appearance. As you scroll through the chart, you can visually identify periods of conviction (body-dominant) versus indecision (wick-dominant), and how candle character evolves over time. █ HOW IT WORKS The indicator calculates two normalized ratios for each candle: Body Ratio = |Close - Open| / (High - Low) Wick Ratio = (Upper Wick + Lower Wick) / (High - Low) These ratios are smoothed and then modulated onto sine waves that twist around a center axis at the 50 level. The amplitude of each strand reflects the strength of that metric — larger bodies push the body strand further from center, and larger wicks push the wick strand further out. The strands are color-coded by the current candle's bias: • Bullish candles (close ≥ open) → Neon green tones • Bearish candles (close < open) → Neon red tones █ TRADE ZONES The indicator includes an optional Trade Zone detection system based on candle character analysis: ◉ LONG ZONE (Green Background) Triggers when: • Average body ratio exceeds the Body Dominance Threshold (default 65%) • Bullish momentum score > 40% (more bulls than bears in lookback period) • Average wick ratio below the Wick Rejection Threshold (default 55%) This identifies periods where price is moving up with conviction — strong bullish bodies with minimal rejection wicks. ◉ SHORT ZONE (Red Background) Triggers when: • Average body ratio exceeds the Body Dominance Threshold • Bearish momentum score > 40% (more bears than bulls in lookback period) • Average wick ratio below the Wick Rejection Threshold This identifies periods where price is moving down with conviction — strong bearish bodies with minimal rejection wicks. ◉ CHOP/INDECISION When the average wick ratio exceeds 60%, the market is showing high rejection and indecision. The DNA strands will show wick dominance during these periods. Triangle markers appear at zone entry points: • ▲ Green triangle below the helix = Long zone entry • ▼ Red triangle above the helix = Short zone entry █ VISUAL ELEMENTS DNA Strands Two intertwined lines representing body and wick ratios, twisting around the center axis with a configurable wavelength. Base Pair Connectors Vertical lines connecting the two strands at regular intervals, mimicking the "rungs" of a DNA ladder. These help visualize the spread between body and wick metrics. Nucleotide Nodes Small circular markers along each strand showing individual data points. Fill Zone Subtle gradient fill between the strands for visual depth. The fill color matches whichever strand is currently on top. Info Label Displays current values at the right edge of the chart: • Current bias (BULL/BEAR) • Body and Wick percentages • Active trade zone (if any) █ PATTERN DETECTION The indicator automatically detects significant candle patterns based on DNA metrics: DOJI — Body ratio < 15% Very small body relative to total range. Indicates indecision. MARUBOZU — Body ratio > 85% Almost no wicks. Strong conviction candle with price closing near the high (bullish) or low (bearish). HAMMER — Wick ratio > 60% with lower wick > 2× upper wick Long lower shadow showing rejection of lower prices. SHOOTING STAR — Wick ratio > 60% with upper wick > 2× lower wick Long upper shadow showing rejection of higher prices. █ SETTINGS DNA Helix Settings • Helix Wavelength — Number of bars for one complete DNA twist cycle (default: 20) • Helix Amplitude — Vertical spread of the strands from center (default: 35) • Show Base Pair Connectors — Toggle the connecting rungs (default: On) • Connector Frequency — Draw a connector every N bars (default: 2) • Data Smoothing — SMA length for smoothing ratios (default: 3) • Strand Thickness — Line width for the DNA strands (default: 2) Trade Zone Settings • Show Trade Zones — Toggle background highlighting and entry signals (default: On) • Zone Lookback — Bars to analyze for zone detection (default: 5) • Body Dominance Threshold — Minimum avg body ratio for zone trigger (default: 0.65) • Wick Rejection Threshold — Maximum avg wick ratio for zone trigger (default: 0.55) Fluorescent Colors • Bullish colors — Neon green and electric green variants • Bearish colors — Neon red and hot pink variants • Axis, connector, and zone colors are all customizable Visual Settings • Show Nucleotide Nodes — Toggle the small circles on strands (default: On) • Show Info Labels — Toggle the right-side information label (default: On) • Show DNA Analysis Table — Toggle detailed analysis table (default: Off) █ ALERTS Four alert conditions are available: 1. Long Zone Entry "Entered LONG zone - strong bullish momentum with conviction candles" 2. Short Zone Entry "Entered SHORT zone - strong bearish momentum with conviction candles" 3. Doji Pattern "Doji detected - indecision" 4. Marubozu Pattern "Marubozu detected - strong conviction" █ INTERPRETATION GUIDE Reading the DNA: When body strand dominates (further from center): • Market is moving with conviction • Candles have strong bodies, minimal wicks • Trend is likely to continue When wick strand dominates (further from center): • Market is showing rejection/indecision • Candles have long shadows relative to bodies • Potential reversal or consolidation Strand crossovers: • When strands cross, character is shifting • Body crossing above wick → increasing conviction • Wick crossing above body → increasing indecision Color consistency: • Long stretches of green → sustained bullish pressure • Long stretches of red → sustained bearish pressure • Alternating colors → choppy, mixed market █ BEST PRACTICES 1. Use with price context — The DNA strand shows candle character, not direction. Combine with price action on the main chart. 2. Adjust wavelength to timeframe — Shorter wavelengths (10-15) for scalping, longer wavelengths (25-40) for swing trading. 3. Trade zones are filters, not signals — Use zone entries as confirmation for your existing strategy, not as standalone signals. 4. Watch for character shifts — When the dominant strand changes, market behavior is changing. This often precedes reversals. 5. Multiple timeframe analysis — Check DNA character on higher timeframes to understand the broader context. █ CREDITS Developed by Hash Capital Research Pine Script™ v6 This indicator is provided for educational and informational purposes. Always conduct your own analysis and manage risk appropriately.
Pine Script® Indikator
von Hash_Capital
TA-Lib Candlestick PatternsCandlestick Patterns TA-Lib — precise candlestick pattern recognition from the TA-Lib library for TradingView (Pine Script v5). Displays 40+ classic patterns with individual settings on any timeframe. Индикатор "Свечные формации TA-Lib" — точное распознавание свечных паттернов из библиотеки TA-Lib для TradingView (Pine Script v5). Показывает более 40 классических паттернов с индивидуальными настройками на любом таймфрейме. Supported Patterns / Поддерживаемые паттерны: Engulfing / Поглощение Harami / Харами Harami Cross / Крест харами Piercing / Пронизывающая свеча Dark Cloud Cover / Тёмные облака Kicking / Высокий прыжок Kicking By Length / Kicking By Length Counterattack / Контр-атака Matching Low / Совпадение по нижнему уровню Homing Pigeon / Почтовый голубь In-Neck / На линии шеи On-Neck / У линии шеи Thrusting / Толчок Separating Lines / Разделяющиеся свечи Gap Side-by-Side White / Смежные белые с гэпом Morning Star / Утренняя звезда Evening Star / Вечерняя звезда Morning Doji Star / Утренняя звезда дожи Evening Doji Star / Вечерняя звезда дожи Three White Soldiers / Три белых солдата Three Black Crows / Три чёрные вороны Three Inside Up/Down / Три дня изнутри вверх/вниз Three Outside Up/Down / Три дня снаружи вверх/вниз Three-Line Strike / Тройной удар Three Stars In South / Три звезды на юге Tristar / Три звезды Identical Three Crows / Три одинаковые вороны Advance Block / Отбитая атака Stalled Pattern / Размышление Abandoned Baby / Брошенный младенец Upside Gap Two Crows / Две взлетевшие вороны Two Crows / Две вороны Stick Sandwich / Прилипший сэндвич Unique 3 River / Особая впадина 3 реки Ladder Bottom / Ступенчатое дно Breakaway / Пробой Tasuki Gap / Разрыв тасуки Rise/Fall Three Methods / Метод трёх поднимающихся/падающих Mat Hold / Удержание на татами X-Side Gap Three Methods / Верхний/нижний разрыв метода трёх Concealing Baby Swallow / Прячущаяся ласточка Hikkake / Хиккаке Modified Hikkake / Modified Hikkake Key Features / Основные возможности: Individual toggles for each pattern / Индивидуальные переключатели для каждого паттерна Multi-timeframe support / Поддержка мультитаймфрейма Pattern labels on chart / Лейблы паттернов на графике Perfect for Forex, stocks, crypto analysis / Идеален для анализа Forex, акций, криптовалют
Pine Script® Indikator
von Renyfer
Pattern Recognition Signals | ProjectSyndicatePattern Recognition Signals automatically identifies and validates high-probability, non-repainting Double Top and Double Bottom patterns. It filters for structural quality, calculates adaptive take-profit and stop-loss zones based on Average Daily Range (ADR), and presents a complete statistical breakdown on a non-intrusive dashboard to provide a quantifiable edge. 🧠 NRP Multi-Wave Detection — identifies classic Double (W/M) and Triple (W/M) patterns using a non-repainting pivot engine, ensuring signals are confirmed and stable. 🎯 ADR-Adaptive TP/SL Zones — automatically calculates and plots TP1, TP2, and SL zones based on a percentage of the 10-day ADR, allowing the strategy to dynamically adapt to any asset's volatility. 🎨 Direction-Matched Colors — Bullish pattern labels are colored green to match the TP zones, and Bearish labels are colored red to match the SL zone, providing instant visual confirmation of trade direction. 📊 Full Performance Dashboard — provides a complete statistical overview, including the real-time ADR10 value, total signals, win rates for TP1/TP2, and a log of the last 10 trade outcomes. ✅ Advanced Quality Control Filters — user-configurable inputs for Max Pattern Bars, Max Pattern Height (% of ADR10), and Min Bars Between Signals eliminate low-quality or excessively large patterns and prevent over-signaling. 🔔 Comprehensive Alerts — get a single, detailed alert per signal—including the symbol, timeframe, entry price, SL, TP1, and TP2—formatted for easy integration with automated trading systems. 🔧 Fully Customizable — control everything from pivot lengths and pattern quality filters to the colors and extension of all zones, labels, and dashboard elements. 🎯 Why this algo is unique: Standard ZigZag and pattern indicators are notorious for repainting and providing subjective signals with no statistical backing. This algorithm provides an objective, fully-gated, non-repainting signal engine. It doesn’t just draw a pattern; it builds a complete, quantifiable trading framework around it with adaptive risk management (ADR-based zones) and a dashboard to prove its historical performance on the chart you are trading. 🚀 Apply to Gold (XAUUSD), Forex, Crypto, and Indices on any M5/M10/M15/M30/H1. The ADR-based system and extensive quality filters allow it to adapt to anything from M5 scalping to H4 swing trading. 🎯 How to use this? Use the dashboard to understand the strategy's recent performance on the current asset/timeframe. Adjust the TP/SL and pattern filter percentages to match your risk tolerance. Consider taking trades that align with the higher-timeframe trend for higher probability setups. ⚠️ IMPORTANT NOTICE: This indicator is designed to identify statistically-backed pattern signals. It should NOT be used as a standalone signal for entering trades. Always use it in conjunction with your own trading strategy, price action analysis, and other technical indicators to confirm trade setups and manage risk.
Pine Script® Indikator
von ProjectSyndicate
9
VWAP NYO DeviationVWAP - Deviation At NYO A clean, real-time overlay indicator that instantly shows how the major liquid markets are opening relative to their developing daily VWAP — plus powerful historical context in one compact table. What the table displays (updated live on every chart): Symbol – ES1!, CL1!, GC1!, 6E1!, BTCUSD Deviation (%) – Today’s RTH open (9:30 AM EST) vs. the VWAP up to that exact moment, expressed as a percentage. → Green background = opening above average deviation → Red background = opening below average deviation Avg Abs Dev (%) – Historical average absolute opening deviation (all completed days on your chart) Touch VWAP % – Percentage of completed trading days where price touched the daily VWAP at least once during Regular Trading Hours (9:30–16:00 EST) Additional features On your main chart symbol, a clean colored label automatically appears at the exact 9:30 AM EST bar showing that symbol’s opening VWAP deviation (green up / red down). Fully automatic EST/New York timezone handling — works on any timeframe and any symbol you’re viewing. Table text size is fully customizable (tiny → large / auto). Best for Futures & BTC day traders who use VWAP as a primary reference Quick cross-market bias check at the open Mean-reversion / VWAP magnet strength analysis Monitoring how “stretched” the open is versus historical norms Simply add the indicator, and the table appears in the top-right corner. The more history loaded on your chart, the more accurate the average deviation and touch percentage become. Perfect companion for any VWAP-based strategy. Enjoy! 🚀
Pine Script® Indikator
von Resonant_Trader