OPEN-SOURCE SCRIPT

CRT / ORB Signals [Yosiet]

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What is the CRT Pattern?
The Counter-Retracement Pattern is a classic three-candle setup that reveals moments of market structure weakness and potential reversal. It occurs when a strong move is temporarily rejected, signaling a possible continuation.

Several names for the same candlestick pattern: CRT, ORB, Morning Star, Evening Star, and others, but I'm not going to talk about it.

Here’s the anatomy of a Bullish CRT:
  • Candle 1 (C1: The Signal Candle): A significant momentum candle in a downtrend.
  • Candle 2 (C2: The Retracement/Sweep Candle): This is the critical candle. It must sweep the low of C1 (liquidity grab / sweep) but then close with its body inside the range of C1.
  • Candle 3 (C3: The Confirmation/Entry Candle): A bullish candle that closes above C2's close, confirming the pattern.


Here’s the anatomy of a Bearish CRT:
The bearish pattern is the exact inverse, sweeping the high of Candle 1.

Why This Indicator?
Clarity and Precision. This script is built for accuracy and minimalism.
No Repainting: The logic is calculated on the closed historical bars. The signal is only plotted on the entry candle (Candle 3) after it has closed.

Clean Visuals: Instead of cluttering every candle, it shows you only what you need:
  • Green Up Arrow: Signals a confirmed Bullish CRT, suggesting a Long entry.
  • Red Down Arrow: Signals a confirmed Bearish CRT, suggesting a Short entry.


Faint Circles: Subtle white circles mark the high/low of Candle 1 and Candle 2, helping you visually trace the pattern structure without obstruction.

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