OPEN-SOURCE SCRIPT
Обновлено PRICE ACTION TRAKKER
This indicator isolates the core price-phase engine from the full Price Action Tracker (PAT) system.
It identifies and visualises structural phases of price, including:
The phase engine dynamically adapts to evolving market structure using pivot behaviour and structural breaks. This creates a real-time visual map of how price is organising itself — independent of time-based indicators and without the lag associated with classical moving averages.
This version focuses exclusively on price action structure, making it clean, fast, and ideal as a core tool on its own.
However, it is also designed as a foundation for more advanced analysis and will expand over time as additional modules are released.
This phase engine works exceptionally well in combination with my other indicators, such as moving-average structure tools, volume-weighted frameworks, and trend-strength models. Together, they provide a layered view of market behaviour:
phase structure → trend bias → volume confirmation → entry logic.
This makes the indicator valuable for:
Future updates will add modular expansion paths (trend scoring, VWAP phase weighting, multi-phase confluence, and signal logic), while maintaining the simplicity and reliability of this core engine.
Works Best With:
This indicator is part of a broader toolkit designed to analyse structure, trend, and behaviour.
When used alongside my other published tools — such as trend-strength MAs, VWMA frameworks, and higher-timeframe bias indicators — it provides a complete, multi-layered view of market conditions.
It identifies and visualises structural phases of price, including:
- Upper phase boundary (dynamic resistance)
- Lower phase boundary (dynamic support)
- Phase average (mean-reversion anchor)
- Pivot markers (LPH, LPL, oLPH, oLPL)
The phase engine dynamically adapts to evolving market structure using pivot behaviour and structural breaks. This creates a real-time visual map of how price is organising itself — independent of time-based indicators and without the lag associated with classical moving averages.
This version focuses exclusively on price action structure, making it clean, fast, and ideal as a core tool on its own.
However, it is also designed as a foundation for more advanced analysis and will expand over time as additional modules are released.
This phase engine works exceptionally well in combination with my other indicators, such as moving-average structure tools, volume-weighted frameworks, and trend-strength models. Together, they provide a layered view of market behaviour:
phase structure → trend bias → volume confirmation → entry logic.
This makes the indicator valuable for:
- Intra-day and swing traders
- Wyckoff and liquidity-based traders
- Mean-reversion and range-trading strategies
- Understanding where accumulation/distribution behaviour is forming
- Identifying when a phase is likely ending or breaking
Future updates will add modular expansion paths (trend scoring, VWAP phase weighting, multi-phase confluence, and signal logic), while maintaining the simplicity and reliability of this core engine.
Works Best With:
This indicator is part of a broader toolkit designed to analyse structure, trend, and behaviour.
When used alongside my other published tools — such as trend-strength MAs, VWMA frameworks, and higher-timeframe bias indicators — it provides a complete, multi-layered view of market conditions.
Информация о релизе
Added features from the Magic SMA indicator as optional extras, with labels. These provide:- Up to three dynamic SMA lines based on the high/low price instead of close, depending on price direction
- Weighted combo line based on weights assigned to short/med/long magic mas
- Margin line between weighted combo and current price
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.