Consolidation Tracker🧭 Consolidation Tracker — Visualize Market Reversals in Real Time
The Consolidation Tracker is a minimalist yet powerful tool designed to map the anatomy of market reversals and trend transitions. It highlights the structural evolution of price through four key phases, helping traders anticipate shifts with clarity and confidence.
🔄 The Four Stages of a Market Reversal:
Failure to Displace — Price fails to break beyond recent highs or lows, signaling potential exhaustion of the current trend.
Consolidation (CAMP) — A range-bound phase where price compresses between a dynamic high and low. These zones are shaded gray, representing indecision and balance.
Engulfing (ENGULF) — A decisive candle closes beyond the CAMP high or low, suggesting a directional shift. These are highlighted in orange.
Fair Value Gap (FVG) — A three-candle pattern forms a price imbalance. If this FVG also engulfs the CAMP range, it confirms the reversal and resets the CAMP. Bullish FVGs are shaded green, bearish FVGs in red.
🔁 From Reversal to Trend:
Once a reversal is confirmed via an FVG, the market often transitions into a trend cycle characterized by:
Displacement — Strong directional movement away from the prior range.
Fair Value Gaps — Continuation imbalances that offer high-probability entries on retracements.
🧠 How It Works:
The indicator dynamically tracks CAMP highs and lows, updating only when a candle engulfs the range or a valid FVG forms.
FVGs are detected when a three-candle sequence creates a gap between candle 2 and 0, and the middle candle (candle 1) breaks the CAMP boundary.
CAMP levels are plotted as horizontal lines, while background colors narrate the evolving structure in real time.
This tool is ideal for traders who value market structure, price efficiency, and narrative clarity. Whether you're anticipating reversals or riding trends, the Consolidation Tracker offers a clean, actionable lens into price behavior.
Индикатор Pine Script®






















