Moon Boys Dollarized VolumeStop looking at just unit volume! This script visualizes the Total USDT Volume (Volume * Close) to show you exactly how much money is being traded on every candle.
True Liquidity: See the real value behind the moves.
Better Comparisons: Compare volume accurately across assets with different prices.
Simple & Effective: A lightweight tool to spot high-capital interest instantly.
Moon Boys Podcast official indicator
Educational
Position CalculatorAn on chart indicator that helps you calculate position sizes, risk/reward ratios, and potential profit/loss for your trades.
ALFA BUY IndikatorThis indicator is an improved version of the Mucip + Yağız indicator. I have been using it smoothly for the past 3 months.
I use it on futures markets for the three major coins such as BNB/USDT, BTC/USDT, and ETH/USDT.
My usage logic is as follows: on average, it generates around 2 signals per coin per day.
For each trade, I enter positions using 4–5% of my total capital.
I use 25x leverage on ETH and BNB, and 50x leverage on BTC.
My take-profit levels are 0.25% for BTC and 0.5% for the others, which results in approximately 10–12% profit per trade.
Overall, the average daily capital growth is around 2–3%.
Note: I use a trading bot for executions, because the indicator is designed for 2-minute charts, and it is almost impossible to catch the signals manually.
So far, everything has been working flawlessly, and it performs best on 2-minute timeframes.
AlphaSignals Pro🟠OVERVIEW
AlphaSignals Pro™ is a comprehensive trading indicator suite developed by A1TradingHub. The
system combines trend analysis, momentum indicators, and proprietary signal algorithms to identify
high-probability trading opportunities across all market conditions and timeframes.
Core Components
■ Long/Short Signals — Clear entry markers based on trend reversals and momentum shifts
■ Golden Call/Put — Premium signals for high-conviction directional trades
■ Support & Resistance — Dynamic price zones with visual highlighting
■ Moving Averages — Trend direction with color-coded crossover signals
■ Keltner Channels — Volatility bands for breakout and mean-reversion setups
■ Signal Dashboard — Multi-symbol overview with trend and momentum status
🟠Long & Short Entry Signals
The core signal system identifies optimal entry points by analyzing price action, momentum, and
trend structure. LONG signals appear at potential reversal points for upward moves, while SHORT
signals indicate bearish opportunities at resistance.
◆ Green 'LONG' labels mark buy zones at support levels
◆ Red 'SHORT' labels indicate sell zones at resistance
◆ Momentum confirmation filters out false signals
◆ Works across all timeframes (1min to daily)
🟠Trend Direction Arrows
Small directional arrows provide real-time trend feedback. ▲ Green arrows confirm bullish
momentum, ▼ red arrows signal bearish pressure. These micro-signals help traders stay aligned with
the dominant trend.
◆ Green up arrows during bullish momentum phases
◆ Red down arrows indicate bearish momentum shifts
◆ Confirms entry signals and aids trade management
◆ Minimalist design preserves chart clarity
🟠 Golden Put Signal
The Golden Put identifies high-probability short opportunities. Triggers when multiple bearish factors
align: price rejection at resistance, momentum divergence, and volume confirmation. These premium
signals represent the highest-conviction bearish trades.
◆ Triggered at major resistance with momentum divergence
◆ Red 'GOLDEN PUT' label marks premium short entries
◆ Designed for options traders seeking directional plays
◆ Lower frequency, higher accuracy than standard signals
🟠 Golden Call Signal
The Golden Call is the bullish counterpart, identifying premium long opportunities. Appears when
price finds strong support with bullish momentum divergence and institutional volume patterns. Marks
optimal entry points for aggressive upside plays.
◆ Yellow 'GOLDEN CALL' highlights premium buy setups
◆ Triggers at key support with momentum confirmation
◆ Ideal for call options or leveraged positions
◆ Signals typically precede significant advances
🟠 Moving Average System
The dual moving average system provides trend context and dynamic support/resistance. The red
line is the fast MA (shorter period), the green line is the slow MA. Color transitions indicate trend
changes and crossover signals.
◆ Red MA: Fast period for short-term direction
◆ Green MA: Slow period for primary trend
◆ Bullish crossover: Fast crosses above slow
◆ Bearish crossover: Fast crosses below slow
◆ MAs act as dynamic support/resistance
🟠 Keltner Channel Bands
Volatility-based price envelopes that adapt to market conditions. Bands expand during high volatility,
contract during consolidation. Price at outer bands signals mean-reversion opportunities; breakouts
beyond bands may indicate trend continuation.
◆ Upper/lower bands adapt to current volatility
◆ Pink outer bands mark extreme price zones
◆ Cyan middle band shows baseline trend
◆ Band touches signal reversal or breakout setups
◆ Shaded fill visualizes the volatility range
🟠 Support & Resistance Zones
Automatic detection of key price levels with visual highlighting. Green zones mark support where
buying pressure emerges, red zones highlight resistance with selling pressure. Dashed lines show
precise price levels.
◆ Green shaded areas: Support zones (buy interest)
◆ Red shaded areas: Resistance zones (sell interest)
◆ Horizontal dashed lines mark exact levels
◆ Zones update dynamically as new levels form
◆ Essential for targets and stop-loss placement
🟠 Golden Signal Dashboard
Multi-symbol dashboard provides comprehensive market overview. Track multiple instruments with
real-time trend status, momentum readings, active signals, and freshness indicators. Perfect for
scanning opportunities across your watchlist.
◆ SYMBOL: Tracked instruments (SPY, QQQ, IWM, TSLA)
◆ PRICE & CHG%: Current price and daily change
◆ MOMENTUM: Bullish/Bearish classification
◆ SIGNAL: Active Golden Call or Put signals
◆ BARS: Bars since last signal
◆ STATUS: Signal temperature (HOT/WARM/COLD)
🟠 Best Practices
✓ Confirm signals with dominant trend (use MAs)
✓ Prioritize Golden signals — higher probability
✓ Use S/R zones for stop-loss placement
✓ Check dashboard for multi-timeframe confluence
✓ Combine with your own analysis
Wyckoff Method - Comprehensive Analysis# WYCKOFF METHOD - QUICK REFERENCE CHEAT SHEET
## 🟢 STRONGEST BUY SIGNALS
### 1. SPRING ⭐⭐⭐⭐⭐
- **What:** False breakdown below support on LOW volume
- **Look for:** Quick reversal, close above support
- **Entry:** When price closes back in range
- **Stop:** Below spring low
- **Target:** Top of range minimum
### 2. SOS (Sign of Strength) ⭐⭐⭐⭐
- **What:** Breakout above resistance on HIGH volume
- **Look for:** Wide spread up bar, strong close
- **Entry:** On breakout or wait for LPS pullback
- **Stop:** Below range top
- **Target:** Height of range projected up
### 3. SHAKEOUT ⭐⭐⭐⭐
- **What:** Sharp move below support with HIGH volume, immediate reversal
- **Look for:** Long lower wick, closes strong
- **Entry:** When price reclaims support
- **Stop:** Below shakeout low
- **Target:** Previous resistance
---
## 🔴 STRONGEST SELL SIGNALS
### 1. UTAD (Upthrust After Distribution) ⭐⭐⭐⭐⭐
- **What:** False breakout above resistance, quick rejection
- **Look for:** Spike high, weak close, often high volume
- **Entry:** When price closes back in range
- **Stop:** Above UTAD high
- **Target:** Bottom of range minimum
### 2. SOW (Sign of Weakness) ⭐⭐⭐⭐
- **What:** Breakdown below support on HIGH volume
- **Look for:** Wide spread down bar, weak close
- **Entry:** On breakdown or wait for LPSY rally
- **Stop:** Above range bottom
- **Target:** Height of range projected down
### 3. UPTHRUST ⭐⭐⭐⭐
- **What:** Move above resistance on LOW volume, weak close
- **Look for:** Long upper wick, closes in lower half
- **Entry:** When resistance holds
- **Stop:** Above upthrust high
- **Target:** Support level
---
## 📊 ACCUMULATION PHASES (Bottom Formation)
```
PHASE A: Stopping the Downtrend
├─ PS (Preliminary Support) - First buying
├─ SC (Selling Climax) - Panic bottom ⚠️ KEY EVENT
├─ AR (Automatic Rally) - Relief bounce
└─ ST (Secondary Test) - Retest SC low
PHASE B: Building the Cause
├─ Trading range forms
├─ Multiple tests of support
├─ Volume decreasing
└─ Absorption occurring
PHASE C: The Test
├─ SPRING - False breakdown ⚠️ KEY EVENT
└─ TEST - Support holds on low volume
PHASE D: Dominance Emerges
├─ SOS - Breakout ⚠️ KEY EVENT
├─ LPS - Last Point of Support (pullback)
└─ BU - Backup
PHASE E: Markup
└─ New uptrend, strong momentum
```
**Background Color:** Blue → Green (getting brighter)
**Action:** Buy in Phase C/D, Hold through Phase E
---
## 📊 DISTRIBUTION PHASES (Top Formation)
```
PHASE A: Stopping the Uptrend
├─ PSY (Preliminary Supply) - First selling
├─ BC (Buying Climax) - Euphoric top ⚠️ KEY EVENT
├─ AR (Automatic Reaction) - Sharp drop
└─ ST (Secondary Test) - Retest BC high
PHASE B: Building the Cause
├─ Trading range forms
├─ Multiple tests of resistance
├─ Demand being absorbed
└─ Volume patterns change
PHASE C: The Test
└─ UTAD - False breakout ⚠️ KEY EVENT
PHASE D: Dominance Emerges
├─ SOW - Breakdown ⚠️ KEY EVENT
└─ LPSY - Last Point of Supply (rally to exit)
PHASE E: Markdown
└─ New downtrend, strong selling
```
**Background Color:** Orange → Red (getting darker)
**Action:** Sell in Phase C/D, Stay out during Phase E
---
## 💰 VOLUME SPREAD ANALYSIS (VSA)
| Signal | Meaning | Color | Implication |
|--------|---------|-------|-------------|
| **ND** (No Demand) | Up bar, LOW volume | 🟠 Orange | Weakness - uptrend ending |
| **NS** (No Supply) | Down bar, LOW volume | 🔵 Blue | Strength - downtrend ending |
| **SV** (Stopping Volume) | VERY HIGH volume, narrow spread | 🟣 Purple | Potential reversal |
| **UT** (Upthrust) | Above resistance, LOW vol, weak close | 🔴 Red | Sell signal |
| **SO** (Shakeout) | Below support, HIGH vol, strong close | 🟢 Green | Buy signal |
---
## 🎯 VOLUME INTERPRETATION
| Volume Level | Bar Color | Meaning |
|--------------|-----------|---------|
| **VERY HIGH** (>2x average) | Dark Green/Red | Climax, potential reversal |
| **HIGH** (>1.5x average) | Light Green/Red | Strong interest |
| **NORMAL** | Gray | Average trading |
| **LOW** (<0.7x average) | Faint Gray | Testing, no interest |
---
## ⚖️ EFFORT vs RESULT
| Scenario | Volume | Spread | Meaning |
|----------|--------|--------|---------|
| **High Effort, Low Result** | HIGH | Narrow | ⚠️ Potential reversal |
| **Low Effort, High Result** | LOW | Wide | ⚠️ Trend weakening |
| **High Effort, High Result** | HIGH | Wide | ✅ Strong trend |
| **Low Effort, Low Result** | LOW | Narrow | 😴 No interest |
---
## 📏 TRADING RULES
### ✅ DO:
- ✅ Wait for confirmation before entering
- ✅ Trade in direction of higher timeframe
- ✅ Use springs and UTAD as primary signals
- ✅ Measure trading range for targets
- ✅ Place stops outside the range
- ✅ Look for volume confirmation
- ✅ Check multiple timeframes
- ✅ Focus on Phase C and D events
### ❌ DON'T:
- ❌ Buy during Phase E Markdown
- ❌ Sell during Phase E Markup
- ❌ Trade against major trend
- ❌ Ignore volume signals
- ❌ Enter without clear stop loss
- ❌ Trade every signal
- ❌ Use on very low timeframes without practice
- ❌ Ignore the context
---
## 🎪 COMPOSITE OPERATOR (Smart Money)
### 💰 Green Money Symbol (Bottom)
- **Meaning:** Institutions accumulating
- **Location:** Demand zones, springs, tests
- **Action:** Follow the smart money - buy
### 💰 Red Money Symbol (Top)
- **Meaning:** Institutions distributing
- **Location:** Supply zones, UTAD, weak rallies
- **Action:** Follow the smart money - sell
---
## 📍 SUPPLY & DEMAND ZONES
### 🟢 Demand Zones (Green Boxes)
- **Created at:** SC, Spring, Shakeout
- **Represents:** Where smart money bought
- **Action:** Look for bounces
### 🔴 Supply Zones (Red Boxes)
- **Created at:** BC, UTAD, Upthrust
- **Represents:** Where smart money sold
- **Action:** Look for rejections
---
## 🎯 TARGET CALCULATION
### Measured Move Method
```
1. Measure trading range height
Example: Top at 120, Bottom at 100 = 20 points
2. Add to breakout point (accumulation)
Breakout at 120 + 20 = Target: 140
3. Or subtract from breakdown (distribution)
Breakdown at 100 - 20 = Target: 80
```
### Multiple Targets
- **Conservative:** 1x range height (100% probability reached)
- **Moderate:** 1.5x range height (70% probability)
- **Aggressive:** 2x range height (40% probability)
---
## ⏰ TIMEFRAME GUIDE
| Timeframe | Use For | Reliability | Recommended For |
|-----------|---------|-------------|-----------------|
| **Weekly** | Major trends | ⭐⭐⭐⭐⭐ | Position traders |
| **Daily** | Swing trades | ⭐⭐⭐⭐⭐ | Most traders |
| **4-Hour** | Active swing | ⭐⭐⭐⭐ | Active traders |
| **1-Hour** | Day trading | ⭐⭐⭐ | Experienced only |
| **15-Min** | Scalping | ⭐⭐ | Experts only |
**Golden Rule:** Always check one timeframe higher for context!
---
## 🚨 ALERT PRIORITY
### 🔔 MUST-HAVE ALERTS
1. Spring
2. UTAD
3. SOS
4. SOW
### 🔔 NICE-TO-HAVE ALERTS
5. Selling Climax (SC)
6. Buying Climax (BC)
7. Smart Money Accumulation
8. Smart Money Distribution
### 🔔 CONFIRMATION ALERTS
9. Phase E Markup
10. Phase E Markdown
---
## 💡 QUICK DECISION TREE
```
Is there a clear trading range?
├─ YES
│ ├─ Did price break BELOW support?
│ │ ├─ Volume LOW + Quick reversal = SPRING → BUY ✅
│ │ └─ Volume HIGH + Stays down = Breakdown → SELL ⚠️
│ │
│ └─ Did price break ABOVE resistance?
│ ├─ Volume LOW + Quick reversal = UTAD → SELL ✅
│ └─ Volume HIGH + Stays up = Breakout → BUY ⚠️
│
└─ NO
├─ Strong uptrend = Wait for re-accumulation
└─ Strong downtrend = Wait for re-distribution
```
---
## 📝 PRE-TRADE CHECKLIST
Before entering any trade:
- Identified the current Wyckoff phase
- Confirmed with volume analysis
- Checked higher timeframe trend
- Located supply/demand zones
- Identified clear entry point
- Set stop loss level
- Calculated target (risk:reward >1:2)
- Verified position size (risk 1-2%)
- Have at least 2 confirming signals
- Not trading against major trend
---
## 🧠 REMEMBER
**The Three Laws:**
1. **Supply & Demand** - Price is determined by imbalance
2. **Cause & Effect** - Range size predicts move size
3. **Effort & Result** - Volume should confirm price movement
**The Key Principle:**
> "Trade with the Composite Operator (smart money), not against them"
**Best Setups:**
1. Spring in accumulation (Phase C)
2. UTAD in distribution (Phase C)
3. SOS breakout (Phase D)
4. SOW breakdown (Phase D)
**When in Doubt:**
- ❓ Stay out
- 📈 Use higher timeframe
- 📚 Review the documentation
- 🎯 Wait for clearer signal
---
## 📱 INDICATOR SETTINGS QUICK SETUP
**For Stocks/Crypto (Good Volume Data):**
- Volume MA Length: 20
- High Volume Multiplier: 1.5
- Climax Volume: 2.0
- Swing Length: 5
**For Forex (Limited Volume Data):**
- Volume MA Length: 20
- High Volume Multiplier: 1.3
- Climax Volume: 1.8
- Swing Length: 7
- Turn OFF "Volume Confirmation"
**For Day Trading:**
- Swing Length: 3
- All other settings: Default
**For Position Trading:**
- Swing Length: 7-10
- Volume MA Length: 30
- Use Daily/Weekly charts
---
## 🎓 SKILL PROGRESSION
### Beginner (Month 1-2)
- Focus on: SC, Spring, SOS
- Timeframe: Daily only
- Goal: Identify phases correctly
### Intermediate (Month 3-6)
- Add: All accumulation events
- Timeframe: Daily + 4H
- Goal: Trade springs profitably
### Advanced (Month 6-12)
- Add: Distribution events, VSA
- Timeframe: Multiple timeframes
- Goal: Trade complete cycles
### Expert (Year 2+)
- Master: All events, all timeframes
- Combine: With other methodologies
- Goal: Consistent profitability
---
**Print this sheet and keep it next to your trading desk!**
*Remember: Quality over quantity. Wait for the best setups.*
# Wyckoff Method - Comprehensive Analysis Indicator
## Complete Implementation Guide for TradingView Pine Script
---
## TABLE OF CONTENTS
1. (#overview)
2. (#installation)
3. (#theory)
4. (#components)
5. (#signals)
6. (#strategies)
7. (#settings)
8. (#alerts)
9. (#patterns)
10. (#troubleshooting)
---
## OVERVIEW
This indicator implements Richard Wyckoff's complete trading methodology, including:
- **All 5 Phases** of Accumulation and Distribution
- **18+ Wyckoff Events** (PS, SC, AR, ST, Spring, SOS, LPS, BC, UTAD, SOW, etc.)
- **Volume Spread Analysis (VSA)** principles
- **Supply & Demand Zone** detection
- **Composite Operator** logic (Smart Money tracking)
- **Effort vs Result** analysis
- **Three Wyckoff Laws**: Supply/Demand, Cause/Effect, Effort/Result
---
## INSTALLATION
### Step 1: Copy the Code
1. Open the `wyckoff_comprehensive.pine` file
2. Select all code (Ctrl+A / Cmd+A)
3. Copy to clipboard (Ctrl+C / Cmd+C)
### Step 2: Add to TradingView
1. Go to TradingView.com
2. Open any chart
3. Click "Pine Editor" at the bottom of the screen
4. Click "New" or "Open"
5. Paste the entire code
6. Click "Save" and give it a name
7. Click "Add to Chart"
### Step 3: Verify Installation
You should see:
- Labels on the chart (PS, SC, Spring, SOS, etc.)
- Background colors indicating phases
- Volume analysis in the lower pane
- A table in the top-right corner showing current phase
---
## WYCKOFF METHOD THEORY
### The Three Fundamental Laws
#### 1. **Law of Supply and Demand**
- Price rises when demand exceeds supply
- Price falls when supply exceeds demand
- The indicator tracks volume vs price movement to identify imbalances
#### 2. **Law of Cause and Effect**
- A period of accumulation (cause) leads to markup (effect)
- A period of distribution (cause) leads to markdown (effect)
- Trading ranges build "cause" for future price movement
#### 3. **Law of Effort vs Result**
- **Effort** = Volume (energy put into the market)
- **Result** = Price movement (spread of the bar)
- High effort with low result = potential reversal
- Low effort with high result = trend weakness
### The Five Phases
#### **ACCUMULATION CYCLE**
**Phase A: Stopping the Downtrend**
- Preliminary Support (PS): First sign of buying
- Selling Climax (SC): Panic selling exhaustion
- Automatic Rally (AR): Bounce from SC
- Secondary Test (ST): Test of SC low on lower volume
**Phase B: Building the Cause**
- Trading range develops
- Supply being absorbed by composite operator
- Multiple tests of support and resistance
- Volume generally decreases
**Phase C: The Test (Spring)**
- False breakdown below support
- Traps late sellers
- Quick reversal on low volume
- Last chance to accumulate before markup
**Phase D: Dominance Emerges**
- Sign of Strength (SOS): Break above resistance
- Last Point of Support (LPS): Pullback opportunity
- Backup (BU): Final consolidation
- Demand clearly exceeds supply
**Phase E: Markup**
- New uptrend established
- Price moves rapidly higher
- Phase E can last months/years
- Original trading range becomes support
#### **DISTRIBUTION CYCLE**
**Phase A: Stopping the Uptrend**
- Preliminary Supply (PSY): First sign of selling
- Buying Climax (BC): Euphoric buying exhaustion
- Automatic Reaction (AR): Sharp selloff from BC
- Secondary Test (ST): Test of BC high on lower volume
**Phase B: Building the Cause**
- Trading range at top
- Demand being absorbed by composite operator
- Multiple tests of support and resistance
**Phase C: The Test (UTAD)**
- Upthrust After Distribution
- False breakout above resistance
- Traps late buyers
- Quick reversal
**Phase D: Dominance Emerges**
- Sign of Weakness (SOW): Break below support
- Last Point of Supply (LPSY): Rally opportunity to exit
- Supply clearly exceeds demand
**Phase E: Markdown**
- New downtrend established
- Price moves rapidly lower
- Original trading range becomes resistance
---
## INDICATOR COMPONENTS
### 1. EVENT LABELS
#### Accumulation Events (Green labels)
- **PS** = Preliminary Support
- **SC** = Selling Climax (largest label, most important)
- **AR** = Automatic Rally
- **ST** = Secondary Test
- **SPRING** = Spring (critical buy signal)
- **TEST** = Test of support
- **SOS** = Sign of Strength (breakout)
- **LPS** = Last Point of Support
- **BU** = Backup
#### Distribution Events (Red labels)
- **PSY** = Preliminary Supply
- **BC** = Buying Climax (largest label, most important)
- **AR** = Automatic Reaction
- **ST** = Secondary Test
- **UTAD** = Upthrust After Distribution (critical sell signal)
- **SOW** = Sign of Weakness
- **LPSY** = Last Point of Supply
#### VSA Events (Small colored labels)
- **ND** (Orange) = No Demand - weakness
- **NS** (Blue) = No Supply - strength
- **SV** (Purple) = Stopping Volume
- **UT** (Red) = Upthrust - weakness
- **SO** (Green) = Shakeout - strength
#### Composite Operator (💰 symbols)
- Green 💰 at bottom = Smart Money Accumulation
- Red 💰 at top = Smart Money Distribution
### 2. BACKGROUND COLORS
- **Light Blue** = Phase A (Accumulation)
- **Light Orange** = Phase A (Distribution)
- **Very Light Green** = Phase C (Accumulation Testing)
- **Very Light Red** = Phase C (Distribution Testing)
- **Light Green** = Phase D (Accumulation Strength)
- **Light Red** = Phase D (Distribution Weakness)
- **Green** = Phase E (Markup - Bull trend)
- **Red** = Phase E (Markdown - Bear trend)
### 3. SUPPLY & DEMAND ZONES
- **Green boxes** = Demand zones (where smart money accumulated)
- **Red boxes** = Supply zones (where smart money distributed)
- Zones extend 20 bars into the future
- Price reactions at these zones are significant
### 4. VOLUME PANEL
- **Dark Green/Red bars** = Very High Volume (climax)
- **Light Green/Red bars** = High Volume
- **Gray bars** = Normal Volume
- **Faint Gray bars** = Low Volume
- **Blue line** = Volume Moving Average
### 5. INFORMATION TABLE (Top Right)
Displays real-time analysis:
- **Current Phase** (A, B, C, D, or E)
- **Status** (description of what's happening)
- **Volume** (Very High, High, Normal, Low)
- **Spread** (Wide, Normal, Narrow)
- **Effort/Result** (Poor, Normal, Good)
- **Range** (YES if in trading range)
- **Bias** (BULLISH, BEARISH, or NEUTRAL)
---
## HOW TO READ THE SIGNALS
### STRONG BUY SIGNALS (in order of strength)
1. **SPRING** (strongest)
- False breakdown below support
- Look for: Low volume, quick reversal, close above support
- Entry: When price closes back above support level
- Stop: Below the spring low
2. **SOS (Sign of Strength)**
- Break above trading range resistance
- Look for: High volume, wide spread up bar
- Entry: On breakout or pullback to LPS
- Stop: Below trading range
3. **Shakeout (SO)**
- Similar to spring but more violent
- Look for: High volume, penetration of support, strong close
- Entry: When price reclaims support
- Stop: Below shakeout low
4. **LPS (Last Point of Support)**
- Pullback after SOS
- Look for: Low volume, shallow pullback
- Entry: When support holds
- Stop: Below LPS
5. **No Supply (NS)**
- Down bar on very low volume
- Indicates lack of selling pressure
- Confirms accumulation phase
### STRONG SELL SIGNALS (in order of strength)
1. **UTAD (Upthrust After Distribution)** (strongest)
- False breakout above resistance
- Look for: High volume spike, rejection, close below resistance
- Entry: When price closes back below resistance
- Stop: Above UTAD high
2. **SOW (Sign of Weakness)**
- Break below trading range support
- Look for: High volume, wide spread down bar
- Entry: On breakdown or rally to LPSY
- Stop: Above trading range
3. **Upthrust (UT)**
- Move above resistance on low volume, weak close
- Look for: Low volume, close in lower half of bar
- Entry: When resistance becomes resistance again
- Stop: Above upthrust high
4. **LPSY (Last Point of Supply)**
- Rally after SOW
- Look for: Low volume, weak rally
- Entry: When rally fails
- Stop: Above LPSY
5. **No Demand (ND)**
- Up bar on very low volume
- Indicates lack of buying pressure
- Confirms distribution phase
### NEUTRAL/WARNING SIGNALS
- **High Effort, Low Result** = Potential reversal coming
- **Stopping Volume** = Trend may be ending
- **Absorption** = Large volume with small movement (accumulation/distribution)
---
## TRADING STRATEGY EXAMPLES
### Strategy 1: Accumulation Range Breakout
**Setup:**
1. Identify trading range (blue background in Phase B)
2. Wait for Spring or Test (Phase C)
3. Wait for SOS breakout (Phase D)
**Entry:**
- Option A: Buy on SOS breakout
- Option B: Wait for LPS pullback (better risk/reward)
**Stop Loss:**
- Below the spring low or trading range bottom
**Target:**
- Measure height of trading range (cause)
- Project upward from breakout point (effect)
- Minimum target = range height
**Example:**
```
Trading Range: 100 to 120 (20 point range)
SOS Breakout at: 120
Target: 120 + 20 = 140 minimum
```
### Strategy 2: Distribution Range Breakdown
**Setup:**
1. Identify trading range after uptrend
2. Wait for UTAD (Phase C)
3. Wait for SOW breakdown (Phase D)
**Entry:**
- Option A: Sell on SOW breakdown
- Option B: Wait for LPSY rally (better risk/reward)
**Stop Loss:**
- Above the UTAD high or trading range top
**Target:**
- Measure height of trading range
- Project downward from breakdown point
- Minimum target = range height
### Strategy 3: Spring Trading
**Setup:**
1. Strong downtrend followed by range
2. Price breaks below range bottom
3. Volume is LOW on breakdown
4. Price quickly reverses and closes above support
**Entry:**
- When candle closes above support level
- Or on retest of support
**Stop Loss:**
- Below spring low (usually tight)
**Target:**
- Top of trading range
- Previous swing high
**Risk/Reward:**
- Typically 1:3 or better
### Strategy 4: Smart Money Tracking
**Setup:**
1. Look for 💰 symbols in demand zones
2. Multiple accumulation signals (PS, SC, ST, Test)
3. Volume decreasing during range
**Entry:**
- At next demand zone test
- On SOS breakout
**Confirmation:**
- Background turning green (Phase D/E)
- Table shows "BULLISH" bias
### Strategy 5: VSA Reversal
**Setup:**
1. Strong trend in place
2. Stopping Volume (SV) appears at extreme
3. Followed by No Demand (ND) or No Supply (NS)
**Entry:**
- When trend breaks down/up
- On retest of extreme
**Example (Bullish):**
```
Downtrend → Stopping Volume → No Supply → Up bar
Entry: Buy when price moves above SV bar
```
---
## SETTINGS & CUSTOMIZATION
### Volume Analysis Settings
**Volume MA Length** (default: 20)
- Shorter = More sensitive to volume changes
- Longer = Smoother, less noise
- Recommended: 15-25 for most timeframes
**High Volume Multiplier** (default: 1.5)
- Threshold for "high volume"
- Lower = More signals
- Higher = Only extreme volume
- Recommended: 1.3-2.0
**Climax Volume Multiplier** (default: 2.0)
- Threshold for climax events (SC, BC)
- Should be significantly higher than normal
- Recommended: 2.0-3.0
### Phase Detection Settings
**Swing Detection Length** (default: 5)
- How many bars to look left/right for swing points
- Shorter = More swings detected (more noise)
- Longer = Fewer swings (cleaner, might miss some)
- Recommended: 3-7
**Range Expansion Threshold** (default: 1.5)
- Multiplier for "wide spread" bars
- Higher = Only very wide bars qualify
- Recommended: 1.3-2.0
**Volume Confirmation** (default: ON)
- Requires volume confirmation for events
- Turn OFF for very low volume instruments
- Keep ON for stocks, forex, crypto
### Display Options
Toggle on/off:
- ✅ **Show Accumulation/Distribution Phases** - Background colors
- ✅ **Show Wyckoff Events** - All labeled events
- ✅ **Show Volume Spread Analysis** - VSA labels
- ✅ **Show Supply/Demand Zones** - Boxes on chart
- ✅ **Show Composite Operator Signals** - 💰 symbols
### Color Customization
- **Bullish Color** - All accumulation events
- **Bearish Color** - All distribution events
- **Neutral Color** - Range/neutral signals
---
## ALERT SETUP
### Available Alerts
1. **Selling Climax (SC)** - Potential bottom forming
2. **Spring** - Strong buy signal
3. **Sign of Strength (SOS)** - Bullish breakout
4. **Buying Climax (BC)** - Potential top forming
5. **UTAD** - Strong sell signal
6. **Sign of Weakness (SOW)** - Bearish breakdown
7. **Phase E Markup** - Uptrend confirmed
8. **Phase E Markdown** - Downtrend confirmed
9. **Smart Money Accumulation** - Institutions buying
10. **Smart Money Distribution** - Institutions selling
### How to Set Up Alerts
1. Click the "⏰" icon on TradingView
2. Select "Create Alert"
3. Condition: Choose the indicator and alert type
4. Example: "Wyckoff Method - Spring"
5. Set notification preferences (popup, email, webhook)
6. Click "Create"
### Recommended Alert Strategy
**Conservative Trader:**
- Spring
- SOS
- UTAD
- SOW
**Aggressive Trader:**
- Add: SC, BC, Smart Money signals
**Long-term Investor:**
- Phase E Markup
- Phase E Markdown
- Smart Money Accumulation
---
## COMMON PATTERNS
### Pattern 1: Classic Accumulation
```
Phase A: Downtrend → PS → SC → AR → ST
Phase B: Range building (4-12 weeks typical)
Phase C: Spring (false breakdown)
Phase D: SOS → LPS → BU
Phase E: Markup (new uptrend)
```
**What to do:**
- Mark the range boundaries
- Wait for spring
- Buy on LPS or SOS
- Hold through markup
### Pattern 2: Classic Distribution
```
Phase A: Uptrend → PSY → BC → AR → ST
Phase B: Range building (topping process)
Phase C: UTAD (false breakout)
Phase D: SOW → LPSY
Phase E: Markdown (new downtrend)
```
**What to do:**
- Mark the range boundaries
- Wait for UTAD
- Sell on LPSY or SOW
- Stay out during markdown
### Pattern 3: Re-Accumulation
```
Uptrend → Trading Range → Spring → Uptrend continues
```
- Occurs during existing uptrend
- Shorter accumulation period
- Often no clear SC (trend is already up)
- Spring is the key signal
### Pattern 4: Re-Distribution
```
Downtrend → Trading Range → UTAD → Downtrend continues
```
- Occurs during existing downtrend
- Shorter distribution period
- Often no clear BC (trend is already down)
- UTAD is the key signal
### Pattern 5: Failed Breakout
**Bullish Failed Breakout:**
```
Range → Breakdown → Immediate reversal (Spring)
```
- Price breaks support
- Volume is LOW
- Immediate strong reversal
- Very bullish
**Bearish Failed Breakout:**
```
Range → Breakout → Immediate reversal (UTAD)
```
- Price breaks resistance
- Volume may be high initially
- Quick rejection and reversal
- Very bearish
---
## TIMEFRAME RECOMMENDATIONS
### Daily Charts (Most Reliable)
- Best for swing trading
- Clear phases and events
- Less noise
- Recommended for beginners
### 4-Hour Charts
- Good for active swing traders
- Faster signals than daily
- Still reliable
### 1-Hour Charts
- For day traders
- More false signals
- Need to filter carefully
- Use in conjunction with higher timeframe
### 15-Minute / 5-Minute
- Only for experienced traders
- High noise level
- Many false signals
- Use daily chart for context
**Golden Rule:** Always check higher timeframe first!
---
## MULTI-TIMEFRAME ANALYSIS
### Top-Down Approach (Recommended)
1. **Weekly Chart** - Identify major trend and phase
2. **Daily Chart** - Find current accumulation/distribution
3. **4H Chart** - Identify entry timing
4. **Entry Timeframe** - Execute trade
### Example Analysis:
**Weekly:** Phase E Markup (bullish)
**Daily:** Phase B Re-accumulation
**4-Hour:** Spring detected
**Action:** Buy on daily LPS
---
## WYCKOFF + OTHER INDICATORS
### Complementary Tools
1. **Moving Averages**
- 20/50 SMA for trend context
- Already plotted on indicator
2. **RSI**
- Divergences at SC/BC
- Confirms overbought/oversold
3. **MACD**
- Confirms trend change in Phase D
- Divergences support Wyckoff events
4. **Volume Profile**
- Identifies value areas
- Confirms supply/demand zones
5. **Order Flow / Footprint Charts**
- See institutional activity
- Confirms smart money signals
**Don't Over-Complicate:**
- Wyckoff is a complete system
- Other indicators are supplementary
- When in doubt, trust Wyckoff
---
## TROUBLESHOOTING
### Issue: Too Many Labels
**Solution:**
- Increase swing length (Settings → 7 or 10)
- Increase volume multipliers
- Turn off VSA labels if not needed
- Focus on major events only (SC, Spring, SOS, BC, UTAD, SOW)
### Issue: Missing Expected Events
**Solution:**
- Decrease swing length (Settings → 3)
- Decrease volume multipliers
- Turn OFF volume confirmation
- Check timeframe (use daily chart)
### Issue: False Signals
**Solution:**
- Use higher timeframe
- Wait for confirmation
- Don't trade against major trend
- Look for multiple signal convergence
### Issue: Can't See Background Colors
**Solution:**
- Check "Show Phases" is enabled
- Increase monitor brightness
- Colors are subtle by design (not to obscure price)
### Issue: Volume Shows Incorrectly
**Solution:**
- Ensure volume data is available for your symbol
- Some symbols have poor volume data
- Forex spot pairs have no real volume
- Use futures or stock markets for best results
### Issue: No Trading Range Detected
**Solution:**
- Market may be trending strongly
- Trading range might be too small
- Wait for price to consolidate
- Not all markets have clear ranges
---
## ADVANCED TIPS
### 1. Count Point & Figure Charts
- Wyckoff used P&F to measure "cause"
- Width of range × height = minimum move target
- Longer accumulation = larger markup
### 2. Watch for Absorption
- High volume + narrow spread = someone absorbing
- In downtrend = accumulation
- In uptrend = distribution
### 3. Multiple Timeframe Springs
- Spring on daily + spring on weekly = very strong
- Increases probability significantly
### 4. Failed Signals Are Signals Too
- Failed spring = weakness, expect lower
- Failed UTAD = strength, expect higher
### 5. Context is King
- Don't buy during Phase E Markdown
- Don't sell during Phase E Markup
- Respect the major trend
### 6. Volume Precedes Price
- Study volume changes first
- Price follows volume
- Decreasing volume in range = building energy
### 7. Composite Operator Mindset
- Think like institutions
- Where would smart money buy/sell?
- They need liquidity (retail traders)
---
## RISK MANAGEMENT
### Position Sizing
**Conservative:**
- Risk 1% per trade
- Wider stops at range boundaries
**Moderate:**
- Risk 1-2% per trade
- Stops below spring/above UTAD
**Aggressive:**
- Risk 2-3% per trade
- Tight stops
- Higher win rate needed
### Stop Loss Placement
**Accumulation:**
- Below spring low
- Below trading range bottom
- Below demand zone
**Distribution:**
- Above UTAD high
- Above trading range top
- Above supply zone
### Take Profit Strategy
**Method 1: Measured Move**
- Range height = minimum target
- 2x range height = extended target
**Method 2: Fibonacci Extensions**
- 1.0 = range height
- 1.618 = extended target
- 2.618 = maximum target
**Method 3: Trail the Stop**
- Move stop to breakeven at 1R
- Trail under swing lows in markup
- Lock in profits progressively
---
## BACKTESTING CHECKLIST
Before trading with real money:
- Backtest on 50+ historical examples
- Record all signals in trading journal
- Calculate win rate (aim for >50%)
- Calculate average R:R (aim for >1:2)
- Test on multiple instruments
- Test on multiple timeframes
- Test in different market conditions
- Verify signal consistency
- Practice on demo account
- Start small with real money
---
## RECOMMENDED READING
### Books
1. **"Studies in Tape Reading"** - Richard D. Wyckoff
2. **"The Richard D. Wyckoff Method"** - Rubén Villahermosa
3. **"Charting the Stock Market: The Wyckoff Method"** - Jack Hutson
4. **"Master the Markets"** - Tom Williams (VSA)
### Courses
1. Wyckoff Analytics - Official Wyckoff course
2. TradeVSA - Volume Spread Analysis
3. StockCharts - Wyckoff education
### Communities
1. Wyckoff Analytics Forum
2. Reddit r/Wyckoff
3. TradingView Wyckoff ideas section
---
## FREQUENTLY ASKED QUESTIONS
**Q: Can I use this on crypto?**
A: Yes, works well on major cryptocurrencies with good volume.
**Q: Does it work on forex?**
A: Yes, but use futures volume (like 6E for EUR/USD) for better accuracy.
**Q: What's the best timeframe?**
A: Daily chart for most traders. 4H for more active trading.
**Q: How long does accumulation last?**
A: Typically 2-12 weeks. Longer accumulation = bigger markup.
**Q: Can I automate this?**
A: You can use the alerts, but manual analysis is recommended.
**Q: What's the win rate?**
A: With proper filtering: 60-70% on major signals (Spring, UTAD, SOS, SOW).
**Q: Should I trade every signal?**
A: No. Focus on Spring, UTAD, SOS, and SOW in trending markets.
**Q: What if I see conflicting signals?**
A: Use higher timeframe for context. When in doubt, stay out.
**Q: How do I know which phase I'm in?**
A: Check the table in top-right corner. Also look at background color.
**Q: Can I use this for options trading?**
A: Yes, excellent for timing option entries (especially around Spring/UTAD).
---
## FINAL THOUGHTS
The Wyckoff Method is:
- **A complete trading system** (not just an indicator)
- **Based on 100+ years** of market wisdom
- **Used by institutions** and professional traders
- **Requires practice** and screen time
- **Highly effective** when applied correctly
**Success Tips:**
1. Start with daily charts
2. Focus on major events (SC, Spring, SOS, BC, UTAD, SOW)
3. Always check higher timeframe context
4. Wait for confirmation before entering
5. Manage risk properly
6. Keep a trading journal
7. Be patient - wait for the best setups
**Remember:**
- Not every range will have all events
- Some phases may be abbreviated
- Context and confluence matter most
- Practice makes perfect
---
## SUPPORT & UPDATES
For questions, improvements, or bug reports:
- Check TradingView script comments
- Join Wyckoff trading communities
- Study historical examples
- Practice on demo accounts
**Good luck and happy trading!**
---
*Disclaimer: This indicator is for educational purposes. Always do your own analysis and risk management. Past performance does not guarantee future results.*
# WYCKOFF VISUAL SETUP EXAMPLES
## ACCUMULATION SCHEMATIC #1 (Classic Bottom)
```
Price Chart View:
│ PHASE E
│ MARKUP
│ ╱
│ ╱
┌─SOS─────┤ ╱
│ │ ╱
┌───────────┤ ┌LPS │╱
│ PHASE B │ │ │
│ (Cause) └──┴──────┤
┌AR──┤ │
┌────┤ │ ┌─Spring │ PHASE D
│ └ST──┤ │ │
│ │ │ │
────SC────────┴─────────┴───────────┴──────────
│
PS
│ PHASE A
│
Downtrend
```
### PHASE A - Stopping the Downtrend
```
PS: │ High volume down bar
▼ First sign of support
■ Not bottom yet
SC: │ VERY HIGH volume
▼ Panic selling exhaustion
█ Long lower wick
█ This is the low
AR: │ Automatic rally
▲ Relief bounce
■ High volume acceptable
ST: │ Secondary test
▼ Low volume (KEY!)
■ Tests SC low
```
### PHASE B - Building the Cause
```
┌─────────┐
│ ~~~ │ Multiple tests
│ ~ ~ │ Volume decreases
│~ ~ │ Range gets tighter
└─────────┘
Duration: 2-12 weeks typical
The longer, the bigger the eventual move
```
### PHASE C - The Test (SPRING)
```
║ False breakdown
─────╨─────
▼ Low volume
█ Breaks below support
■
█ Quick reversal
▲ Closes ABOVE support
CRITICAL: Volume must be LOW
Close must be strong
Happens quickly (1-3 bars)
```
### PHASE D - Strength Emerges
```
SOS: ▲ Sign of Strength
────╥──── Break above resistance
║ High volume
║ Wide spread
LPS: ▼ Last Point Support
■ Pullback on LOW volume
▲ Great entry point
BU: ▲ Backup
■ Final consolidation
▲ Before markup
```
### PHASE E - Markup
```
╱
╱
╱ Strong uptrend
╱ High momentum
╱ Can last months/years
──╱──
```
---
## DISTRIBUTION SCHEMATIC #2 (Classic Top)
```
Price Chart View:
Uptrend
│
PSY
│ PHASE A
────BC────────┬─────────┬───────────┬──────────
│ │ UTAD │
│ PHASE B │ │ PHASE D
┌AR──┤ ┌LPSY │ │
│ │ │ └───────────┤
│ └──┴──────┐ │╲
└ST──┤ │ │ ╲
│ └───────────┤ ╲
└─SOW─────┤ │ ╲
│ │ ╲
│ PHASE C │ ╲
│ │ PHASE E
│ │ MARKDOWN
```
### PHASE A - Stopping the Uptrend
```
PSY: │ High volume up bar
▲ Preliminary supply
■ Selling starting
BC: │ VERY HIGH volume
▲ Buying climax
█ Euphoric top
█ Long upper wick
AR: │ Automatic reaction
▼ Sharp selloff
■ High volume
ST: │ Secondary test
▲ Low volume (KEY!)
■ Tests BC high
```
### PHASE C - The Test (UTAD)
```
▲ False breakout
────╥────
║ Breaks ABOVE resistance
║ Often high volume spike
▼
█ Rejection / weak close
█ Closes BELOW resistance
▼
CRITICAL: Closes weak
Quick rejection
Traps buyers
```
### PHASE D - Weakness Emerges
```
SOW: ▼ Sign of Weakness
────╨──── Break below support
║ High volume
║ Wide spread
LPSY: ▲ Last Point Supply
■ Rally on LOW volume
▼ Last chance to exit
```
---
## VOLUME PATTERNS (Critical to Understanding)
### ACCUMULATION Volume Pattern
```
Volume
│ SC
█
█ ST
■ ■ Spring
■ ■ ■ SOS LPS
──┴────┴────┴──────█───■────►
│ │ │ │ │
│ │ │ │ │
A A C D D
Pattern: HIGH → low → low → HIGH → low
Key: Volume DECREASES during range
INCREASES on breakout
```
### DISTRIBUTION Volume Pattern
```
Volume
│ BC
█
█ ST
■ ■ UTAD
■ ■ ■ SOW LPSY
──┴────┴────┴──────█───■────►
│ │ │ │ │
│ │ │ │ │
A A C D D
Pattern: HIGH → low → varies → HIGH → low
Key: Volume MAY increase on UTAD
Definitely HIGH on breakdown (SOW)
```
---
## REAL TRADE SETUPS
### Setup #1: SPRING BUY
```
Entry Conditions:
1. Clear trading range identified
2. Price breaks BELOW support
3. Volume is LOW (critical!)
4. Price reverses QUICKLY
5. Closes ABOVE support level
Entry: Next bar or on retest
Stop: Below spring low
Target: Top of range (minimum)
Example:
Support: $100
Spring low: $98 (low volume)
Close: $101
Entry: $102
Stop: $97.50
Target: $120 (range top)
Risk/Reward: 1:4
```
### Setup #2: UTAD SELL
```
Entry Conditions:
1. Clear trading range identified (after uptrend)
2. Price breaks ABOVE resistance
3. Often high volume spike
4. Price reverses QUICKLY
5. Closes BELOW resistance level
Entry: Next bar or on retest
Stop: Above UTAD high
Target: Bottom of range (minimum)
Example:
Resistance: $200
UTAD high: $205 (spike)
Close: $198
Entry: $197
Stop: $206
Target: $180 (range bottom)
Risk/Reward: 1:2
```
### Setup #3: SOS BREAKOUT
```
Entry Conditions:
1. Clear accumulation range
2. Spring already occurred (ideal)
3. Price breaks ABOVE resistance
4. HIGH volume on breakout
5. Wide spread up bar
Entry Option A: On breakout ($120)
Entry Option B: Wait for LPS pullback ($115)
Stop: Below range or LPS
Target: Range height projected up
Example:
Range: $100-$120 (20 points)
SOS breakout: $120
Entry A: $120
Stop: $115
Target 1: $140 (100%)
Target 2: $150 (150%)
```
---
## VSA SPECIFIC PATTERNS
### Pattern 1: No Demand (Weakness)
```
▲
■ Up bar
■ Low volume ◄── KEY
▲ Small body
Context: After uptrend
Meaning: Buyers exhausted
Action: Prepare to sell
```
### Pattern 2: No Supply (Strength)
```
▼
■ Down bar
■ Low volume ◄── KEY
▼ Small body
Context: After downtrend
Meaning: Sellers exhausted
Action: Prepare to buy
```
### Pattern 3: Stopping Volume
```
═ Very high volume
█ Narrow spread ◄── KEY
═ Price not moving
Context: At extremes
Meaning: Absorption
Action: Expect reversal
```
---
## COMMON MISTAKES (What NOT to Do)
### ❌ Mistake 1: Buying Prematurely
```
WRONG:
SC
▼
█ ← DON'T BUY HERE
CORRECT:
Spring
─────╨─────
▼
█ ← BUY HERE
▲
```
### ❌ Mistake 2: Ignoring Volume
```
WRONG: "It broke below support, must be spring"
─────╨───── High volume
█
This is a BREAKDOWN, not a spring!
CORRECT Spring:
─────╨───── LOW volume ✓
■ Quick reversal ✓
▲
```
### ❌ Mistake 3: Trading Against Trend
```
WRONG:
Markdown Phase E
╲
╲ ← Trying to buy here
╲
╲
CORRECT:
Wait for new accumulation to complete
```
---
## MULTI-TIMEFRAME EXAMPLE
### Weekly Chart: Phase E Markup (Bullish)
```
╱
╱
╱ Long-term uptrend
╱
───╱─────
```
### Daily Chart: Re-Accumulation Phase C
```
┌─────────┐
│ Spring │ ← We are here
│ ▼ │
─────┴────█────┴─────
▲
```
### 4-Hour Chart: Entry Timing
```
Last 48 hours:
─────╨───── Spring occurred
█
▲ ← Enter now
■
```
**Result:** Triple confirmation across timeframes = High probability trade
---
## PROFIT TARGETS (Visual Guide)
### Method 1: Basic Measured Move
```
Resistance: 120 ┐ ─────────
│
│ 20 points
│
Support: 100 ┘ ─────────
Breakout: 120
Target: 120 + 20 = 140
╱╱╱ 140 (Target)
╱╱╱
╱╱╱
──────◄ 120 (Breakout)
│
Range │ 20
│
──────┘ 100
```
### Method 2: Multiple Targets
```
╱╱╱ 150 (Target 3: 2.5x) - 20% position
╱╱╱
╱╱╱ 140 (Target 2: 2x) - 30% position
╱╱╱
─────◄╱ 130 (Target 1: 1x) - 50% position
│
10 │ 120 (Breakout)
│
─────┘ 110 (Support)
```
### Method 3: Trailing Stop
```
1. Move stop to breakeven at Target 1
2. Trail stop under swing lows
3. Let winners run
╱╱╱
╱ ╱╱ ← Trail stop here
╱╱ ╱
╱ ╱ ← Then here
─────◄──╱
← Start here (breakeven)
```
---
## TIMING ENTRIES (Exact Bar Patterns)
### Perfect Spring Entry
```
Bar 1: ▼ Breaks below (Low vol)
█
Bar 2: ▲ Reverses (Closes strong)
█ ◄─ ENTER HERE
Bar 3: ■ Confirms
▲
DON'T WAIT for Bar 3!
Enter on Bar 2 close
```
### Perfect UTAD Entry
```
Bar 1: ▲ Breaks above (Spike vol OK)
█
Bar 2: ▼ Reverses (Closes weak)
█ ◄─ ENTER HERE
Bar 3: ■ Confirms
▼
SHORT on Bar 2 close
Don't wait for more confirmation
```
---
## COMPOSITE OPERATOR PSYCHOLOGY
### What Smart Money Does (Follow Them)
**Accumulation:**
```
1. Create fear (PS, SC)
2. Shake out weak hands (Spring)
3. Absorb supply quietly (Phase B)
4. Test for remaining supply (Test)
5. Mark it up (SOS → Phase E)
💰 They buy LOW when retail panics
```
**Distribution:**
```
1. Create euphoria (PSY, BC)
2. Trap late buyers (UTAD)
3. Distribute to buyers (Phase B)
4. Test for remaining demand (ST)
5. Mark it down (SOW → Phase E)
💰 They sell HIGH when retail buys
```
### Where to Look for Smart Money
```
💰 Buy signals appear at:
- Demand zones (green boxes)
- Springs and shakeouts
- Tests of support
- After selling climax
💰 Sell signals appear at:
- Supply zones (red boxes)
- UTAD and upthrusts
- Weak rallies (LPSY)
- After buying climax
```
---
## PRACTICE EXERCISES
### Exercise 1: Identify the Phase
Look at any chart and ask:
1. Is there a trading range? (Phase B likely)
2. Did we just stop a trend? (Phase A)
3. Was there a spring/UTAD? (Phase C)
4. Is there a breakout? (Phase D)
5. Is trend running? (Phase E)
### Exercise 2: Volume Analysis
For each bar, note:
- Volume level (High/Normal/Low)
- Spread (Wide/Normal/Narrow)
- Effort vs Result (Matching? Diverging?)
### Exercise 3: Find Historical Springs
Go back 6 months:
- Mark all springs you can find
- Note the setup before each
- Track what happened after
- Calculate win rate
---
## FINAL VISUALIZATION: The Complete Cycle
```
ACCUMULATION → MARKUP → DISTRIBUTION → MARKDOWN → ACCUMULATION...
Distribution Accumulation
(Top) (Bottom)
┌───────────────┐ ┌───────────────┐
│ BC UTAD │ │ Spring SC │
│ │ │ │ │ │ │ │
────┴───┴───┴───────┴─╲ ╱────────┴───┴───┴────
╲ ╱
Markdown ╲ ╱ Markup
(Phase E) ╲ ╱ (Phase E)
╲ ╱
╲ ╱
╲ ╱
╲ ╱
V
The market cycles endlessly
Your job: Identify where you are in the cycle
Trade accordingly
```
---
**Remember:**
- 📊 Study charts daily
- 📝 Journal every setup
- 🎯 Wait for the best signals
- 💰 Follow smart money
- ⏰ Be patient
- 🚀 Let winners run
**The indicator does the heavy lifting - you make the decisions!**
VX Levels and Ranch Ranges with SPY/SPX price converterThis is a indicator for all Vexly subscribers to plot the following:
1. Plot SPY/SPX levels on your ES chart. Or QQQ levels on your NQ chart
2. VX levels obtained from vx_levels command. SPY on ES chart and QQQ on NQ chart
3. Ranch Range levels from the discord channel for ES and NQ chart.
You can enable/disable any of them at your discretion.
TWS- RSI+Divergence With Stochestic+Div. v21.0 By AshishThis indicator is for RSI & RSI Divergence. Also you can activate Stochastic (modified level) with divergence.
This is totally new concept. you can try it.
S&R + EMA ToolkitThis script is a market-structure toolkit that combines several indicators into a single view to help understand where price is, where it may react, and what the current trend context is.
EMAs (12, 26, 50, 200)
Help define short-, medium-, and long-term trend context and momentum alignment.
Support & Resistance Channels
Help identify key price zones where the market has historically reacted (areas of acceptance, rejection, and consolidation).
Supertrend
Helps confirm directional bias and trend persistence.
Oversold / Overbought RSI Zones (external source)
Help identify market conditions rather than timing entries.
FL Core Signals Only FL Core shows only what matters: where to enter, where to exit, and where prof
No indicator noise — just confirmed decision points on a clean chart.
Designed for traders who value structure, patience, and clarity.
What FL Core Does
FL Core marks:
ENTER LONG
ENTER SHORT
AND
EXIT SHORT
TP1 / TP2 / TP3 profit targets
All signals are generated using a fixed, non-repainting ruleset and are confirmed only after candle close.
How It Trades (High Level)
Identifies momentum shifts using internal trend logic
Requires a full candle confirmation before signaling entries
Holds trades until momentum breaks, then signals exit
Tracks profit targets automatically in points
No guessing. No anticipation. No repainting.
Session Rules
FL Core is hard-wired to operate only between 4:00 AM and 4:00 PM (exchange time).
Signals outside of this window are intentionally ignored to avoid low-liquidity and overnight conditions.
Chart Design Philosophy
This version intentionally hides all underlying indicators and displays only:
Clean entry markers
Clean exit markers
Profit plate
A single gold Exit Rail that visually guides trade management
The focus stays on execution and decision-making, not indicator interpretation.
Profit Targets
Default profit targets are:
TP1: 25 points
TP2: 40 points
TP3: 60 p
Targets can be adjusted by the user.
Note: Default profit targets are optimized for NQ/MNQ, which was the primary instrument used during testing.
Traders using ES/MES should reduce target distances to better match volatility.
Important Notes
FL Core is an indicator, not an automated trading system
Stop-loss placement is handled manually according to your trading plan
Signals are designed to encourage discipline and patience, not over-trading
Marker placement (above/below bar) is intentional and should not be changed
Who This Is For
✔ Beginner traders
✔ Traders overwhelmed by indicators
✔ Traders who want clear structure and rules
✔ Traders focused on execution discipline
Who This Is NOT For
✘ Traders looking for fully automated execution
✘ Traders who want constant signals
✘ Traders who ignore risk management
Final Thought
FL Core does not try to predict the market.
It helps you wait for confirmation, execute cleanly, and manage trades with structure.
If you want fewer decisions, clearer trades, and a calmer trading experience — this is where you start.
Fibonacci Fibonacci automatic drawing - Last 144 barFibonacci automatic drawing:
It automatically plots Fibonacci based on the last 144 bars.
According to the drawing rules, it calculates itself from bottom to top and from top to bottom.
This will answer the most challenging questions about drawing the right thing.
If 144 bar is not reached, it draws using manual input.
This will be a useful and practical perspective.
This is for those who want to see the most valuable Fibonacci values on a chart.
BIGG CHIEFF RWB MASTER v2.0 (Indicator) [v1.0]Here is a **clean, professional TradingView indicator description** you can paste directly into the script description. It explains the *logic and philosophy* without exposing proprietary specifics, while still sounding robust and credible.
---
## 📊 Indicator Overview
This indicator is a **rule-based EMA crossover strategy built on price action, opening range structure, directional bias, and momentum confirmation**.
It is designed for intraday trading during the New York session and adapts to both time-based and tick-based charts.
The system focuses on **clarity, patience, and consistency**, filtering out low-quality conditions while aligning trades with higher-probability market structure.
---
## 🧭 Core Concepts
### Opening Range Structure
* The strategy uses the **first 15 minutes of the New York session** to define an Opening Range.
* This range establishes **key intraday structure**, including:
* High
* Low
* Midpoint
* The Opening Range remains visible for the entire session and resets each day.
* Trades are framed around **breaks, retests, and rejections** of this structure.
---
## 📈 Trend, Bias & Momentum
### Directional Bias
Bias is determined by:
* **EMA stacking order**
* **Price location relative to the Opening Range**
* Optional **higher-timeframe trend alignment**
Once bias is confirmed:
* Trades are only taken **in the direction of that bias**
* Opposing trades are locked out until structure meaningfully changes
This prevents overtrading and reduces whipsaws in choppy conditions.
---
### Higher-Timeframe Alignment (Optional)
A higher-timeframe trend filter can be enabled to:
* Keep trades aligned with the broader market direction
* Improve win rate during trending sessions
* Reduce countertrend entries
---
## ⚡ Volatility & Time Filters
To avoid low-quality trades, the system includes:
* **Volatility filtering** to prevent entries during compressed or dead markets
* **Session time windows** to focus on the most liquid trading hours
* Optional **no-trade time blocks** for news or known high-risk periods
---
## 💧 Liquidity Awareness
The indicator accounts for **key liquidity zones**, such as:
* Prior session highs and lows
* Overnight and premarket extremes
Trades are filtered to ensure there is **sufficient room for reward** before running into nearby liquidity, helping avoid premature exits.
---
## ✅ Entry Logic (Primary Mode)
Trades are based on **structure first, confirmation second**:
* Breakouts must be confirmed by **candle closes**, not wicks
* Entries occur on **retracements and rejection candles**, not chase candles
* Priority is given to cleaner retests closer to structure
* Optional controls allow limiting trades to **first-touch setups only**
This encourages patience and avoids emotional entries.
---
## 🛑 Risk Management & Trade Management
The system is built around **R-multiple consistency**, not fixed targets.
* Stops are volatility-based
* Multiple profit targets can be enabled
* Optional partial profits and trailing stop logic are included
* Trailing behavior can follow momentum or structure once price moves favorably
Everything is designed to **protect capital first and scale winners second**.
---
## 🧠 Philosophy
This indicator is not designed to predict the market.
It is designed to **react intelligently** to what price is already confirming.
It prioritizes:
* Structure over indicators
* Bias over impulse
* Confirmation over hope
* Risk management over win rate
Best results come from disciplined execution, patience, and respecting the filters.
FVG + Inversion + MidlineThis is a rough version. Still in works.
Off Mode - Shows bullish and bearish FVGS
Only Mode - Only shows inverted FVGs in white (those above price are usually resistance zones and below tend to be support with the more recent and higher timeframe ones being most relevant)
Blended - Shows Both
You can adjust the amount of zones to be shown to modify the lookback period.
You can also adjust the price range by a standard deviation of 100% to only cover a specific price range.
Rest of the features are still being cleaned or irrelevant for the most part.
Star V12⭐ Star Engine — Multi-Component, Multi-Timeframe Trade Execution System
The Star Engine is a stateful trade execution and analytics system designed to transform indicator confluence into structured, measurable trade runs. Rather than producing isolated buy/sell signals, the engine decomposes market behavior into pressure, confirmation, event grouping, and trade lifecycle management. Each component plays a specific role, and no single component is sufficient on its own. Below is a detailed breakdown of each subsystem and why it exists.
💣 Bomb Engine — Directional Pressure Measurement
The Bomb Engine is responsible for identifying directional pressure in the market. It evaluates whether price action exhibits sustained momentum in one direction, independent of whether that direction is immediately tradable.
What Bomb Uses
Bomb aggregates momentum- and trend-oriented inputs such as MACD-based momentum direction, momentum persistence and continuation logic, directional bias filters, and impulse strength evaluation. All inputs are evaluated across multiple timeframes, with each timeframe contributing independently.
How Bomb Works
Each timeframe produces a directional contribution (bullish, bearish, or neutral). Contributions are aggregated into a net Bomb total. The total is mapped into discrete tone buckets (blue, green, red, black, etc.). Higher totals indicate stronger directional dominance.
What Bomb Tells You
Bomb answers one question: Is there directional pressure building or persisting? It does not determine entry timing, exhaustion, or trade quality. Bomb is context, not execution. This allows Bomb to be early without being responsible for precision.
✨ Golden Engine — Structural Confirmation & Regime Filtering
The Golden Engine evaluates whether the directional pressure detected by Bomb is structurally supported. Golden exists to prevent entries during momentum exhaustion, conflicting timeframe regimes, and counter-structure moves.
What Golden Uses
Golden relies on a different indicator stack than Bomb, focused on confirmation and balance, including RSI regime classification (not simple overbought/oversold), momentum agreement vs divergence, trend-following vs counter-trend positioning, overextension detection, and compression and rotational behavior. Each timeframe is evaluated independently using the same logic.
The Role of RSI in Golden
RSI in Golden is used to identify regimes, not signals. It answers questions such as: Is momentum expanding or decaying? Is the move early, mid-structure, or extended? Do multiple timeframes share compatible RSI states? If RSI regimes conflict across timeframes, Golden will not confirm. This is one of the main mechanisms that makes Golden selective.
Momentum & Alignment Logic
Golden evaluates whether momentum supports continuation, is fragmenting, is diverging from price, or is contradicting higher-timeframe structure. If lower-timeframe impulses are not supported by higher-timeframe structure, Golden suppresses confirmation — even if Bomb remains strong.
What Golden Guarantees
Golden does not guarantee profitable trades. Golden guarantees that the detected directional pressure is not internally contradictory across RSI regimes, momentum behavior, and timeframe structure. This replaces vague terms like “clean” with explicit structural conditions.
🔗 Multi-Timeframe Aggregation (MTF)
Both Bomb and Golden operate on a multi-timeframe voting system. Lower timeframes capture early impulses, higher timeframes enforce structural context, each timeframe votes independently, conflicts weaken totals, and alignment strengthens totals. This creates temporal confluence, not just price-based confluence.
⭐ Star Events — Qualified Market Impulses
A Star (⭐) is created only when Bomb is active, Golden is active, both agree on direction, and all gating rules pass (thresholds, time filters, modes). A Star represents a qualified impulse, not a trade. Stars are atomic events used by the execution layer.
⏱ Star Clusters — Trade Run State
The Star Cluster groups Stars into runs. The first Star starts a cluster, anchor price, bar, and time are recorded, each additional Star increments the cluster count, and all Stars belong to the same run until exit. This prevents duplicate entries, signal spam, and overtrading in volatile conditions.
⛔ Reset Gap Logic — Temporal Control
To prevent rapid re-entry, a minimum time gap is required to start a new run. Stars occurring too close together are merged. Reset does not terminate active runs. This enforces time-based discipline, not indicator-based guessing.
1➡️ Entry Logic — Confirmation-Based Execution
The engine never enters on the first Star. Instead, the user defines 🔢 N (Entry Star Index). Entry occurs only on the Nth Star, and that bar is marked 1➡️🔢N. This ensures entries occur after persistence, not detection. At ENTRY, Best = 0.00 and Worst = 0.00. Statistics measure real trade performance, not early signal noise.
📊 STAT Engine — Live Trade Measurement
Once entry is active, the STAT engine tracks ⏱ run progression, 🏅 maximum favorable excursion, and 📉 maximum adverse excursion. Mechanics: uses highs and lows, not closes; updates every bar; entry bar resets stats; historical bars marked 🎨. This creates an objective performance envelope for every trade.
🛑 Exit Engine — Deterministic Outcomes
Trades are exited using explicit rules: 🏅 WIN → profit threshold reached, 📉 LOSE → risk threshold breached, ⏱ QUIT → structural or safety exit.
Safety Exits
🐢 Idle Stop — no Stars for N bars.
🧯 Freeze Failsafe — STAT inactivity.
QUIT is a controlled termination, not failure. Each exit is recorded with a short cause tag.
🧾 Trade Memory & Journaling
Every trade produces immutable records. Entry: time, price, side, confirmation index. Exit: time, price, PnL, result, cause. These records power tables, alerts, JSON output, and external automation.
📊 Time-Block Performance (NY Clock)
Performance is grouped by real time, not bar count. Rolling NY blocks (e.g. 3 hours). Independent statistics per block. Live trades persist across block boundaries. This enables session-based analysis.
🔔 Alerts & Automation
Alerts are state-based: Entry confirmed → Long / Short alert. Trade closed → Exit alert. Optional JSON output allows integration with bots, journals, and dashboards.
Summary
The Star Engine is a component-based trade execution system, where Bomb measures pressure, Golden validates structure, Stars qualify impulses, clusters define runs, entry is delayed by confirmation, stats measure reality, exits are deterministic, and results are time-aware. It is not designed to “predict the market”, but to control how trades are formed, managed, and evaluated.
Straight Regression Line + Normalized Slope (Adaptive Length)Find the regression line of available candles.
It will print the slope and the normalized slope
VX Levels and Ranch Ranges with Price ConverterThis is a indicator for all Vexly subscribers to plot the following:
1. Plot SPY/SPX levels on your ES chart. Or QQQ levels on your NQ chart
2. VX levels obtained from vx_levels command. SPY on ES chart and QQQ on NQ chart
3. Ranch Range levels from the discord channel for ES and NQ chart.
You can enable/disable any of them at your discretion.
Swing TraderCore Logic
This is a swing reversal system designed to catch bounces at swing lows (LONG) and rejections at swing highs (SHORT).
Signal Flow:
Warning Phase: Yellow diamonds appear when price makes new lows/highs within the lookback period
Entry Phase: Signals fire when price bounces back after the warning (close > previous low for LONG, close < previous high for SHORT)
Swing Size Filter: Requires minimum point movement (default 50 points) between the stored high/low levels
Strengths
✅ Two-step system prevents premature entries - warns first, then confirms
✅ Alternating signals - won't fire consecutive LONGs or SHORTs
✅ Swing size requirement ensures meaningful moves
✅ Clean visuals - large labels, thick lines, clear table
Pops Dividend 7-Day RadarHow traders use it as a strategy anyway 🧠
In real life, this becomes a manual or semi-systematic strategy:
Strategy logic (human-driven):
Scan for highest yield stocks
Filter for ex-date within 7 days
Apply technical rules (trend, EMAs, support)
Enter before ex-date
Exit:
Before ex-date (momentum run-up)
On ex-date
Or after dividend (reversion play)
Indicator’s role:
“Tell me when a stock qualifies so I can decide how to trade it.”
That’s exactly what this tool does.
How we could turn this into a strategy-style framework
Even though Pine won’t let us backtest dividends properly, we can:
Build a rules-based checklist (entry/exit rules)
Create alerts that behave like strategy triggers
Combine with:
EMA trend filters
Volume conditions
ATR-based exits
Label it as:
“Pops Dividend Capture Playbook” (manual execution)
This keeps it honest, legal, and reliable.
Bottom line
🧩 Indicator = what we built
📘 Strategy = how you trade it using the indicator
⚠️ TradingView limitations prevent a true dividend strategy backtest
Multi-Timeframe CPR Pattern AnalyzerMulti-Timeframe CPR + Advanced Pattern Analyzer
A powerful, all-in-one indicator designed for professional price-action traders who use CPR (Central Pivot Range) as the core of their intraday, positional, and swing-trading strategies.
This script automatically plots Daily, Weekly, and Monthly CPR, identifies major CPR patterns, highlights Developing / Next CPR, and displays everything neatly in an interactive dashboard.
✨ Key Features
1️⃣ Daily, Weekly & Monthly CPR
Fully configurable CPR for all three timeframes
Clean plots with no vertical connector lines
Automatic zone shading
Adjustable line width, transparency, and colors
2️⃣ Support & Resistance (S1–S3, R1–R3)
Choose which timeframe’s S/R you want
Only plotted for the current day/week/month (no cluttering past charts)
Helps traders identify reaction zones and breakout levels
3️⃣ Next / Developing CPR
A unique feature rarely found in CPR indicators.
You can display:
Developing Daily CPR
Developing Weekly CPR
Next Monthly CPR (after month close)
All next/developing CPRs are plotted in a dashed style with optional transparency, plus labels:
“Developing Daily CPR”
“Developing Weekly CPR”
“Next Weekly CPR”
“Next Monthly CPR”
This allows you to anticipate the next session’s CPR in advance, a major edge for intraday, swing, and options traders.
4️⃣ Advanced CPR Pattern Detection
The script automatically detects all important CPR market structures:
📌 Narrow CPR
Uses statistical percentiles based on historical CPR width
Helps identify potential high-volatility breakout days
📌 CPR Width Contraction
Detects compression zones
Excellent for identifying trending days after tight ranges
📌 Ascending / Descending CPR
Bullish trend continuation (Ascending)
Bearish trend continuation (Descending)
📌 Virgin CPR
Highlights untouched CPR zones
Strong support/resistance zones for future days/weeks
📌 Overshoots
Detects:
Bullish Overshoot
Bearish Overshoot
Useful for understanding trend exhaustion.
📌 Breakouts
Identifies when price breaks above TC or below BC, signaling trend shifts.
📌 Rejections
Shows wick-based CPR rejections — reversal cues used by many price-action traders.
5️⃣ CPR Pattern Dashboard
A beautifully formatted dynamic table showing:
For Daily, Weekly, Monthly:
TC, Pivot, BC values
Current CPR Pattern
CPR Width with %
+ Next/Developing CPR values and patterns (for Daily/Weekly)
No need to manually calculate anything — everything is displayed in a clean, compact panel.
6️⃣ Completely Dynamic Across Timeframes
Works on all intraday, daily, weekly, and monthly charts
Automatically adjusts CPR length based on chart timeframe
Perfect for NIFTY, BANKNIFTY, FINNIFTY, stocks, crypto, forex
7️⃣ Alerts Included
Receive alerts for:
Narrow CPR formation
Virgin CPR
CPR breakouts
Pattern transitions
Great for traders who want automated monitoring.
8️⃣ Clean Chart, No Clutter
The script includes:
No vertical connecting lines
S/R only on the current period
Smart hiding of CPR on boundaries (to avoid "jump lines")
Fully toggleable features
You get a professional-grade, clutter-free CPR experience.
🎯 Why This Indicator?
This script goes beyond standard CPR tools by offering:
Next AND Developing CPR
Multi-timeframe CPR analysis
Professional CPR pattern detection
Smart dashboard visualization
Perfect setup for trend traders, reversal traders, and breakout traders
Whether you're scalping, day trading, swing trading, or doing positional analysis — this tool gives you context, structure, and precision.
📌 Recommended Use Cases
Intraday index trading (NIFTY, BANKNIFTY, NIFTY 50 Stocks)
Swing trading stocks
Crypto CPR analysis
Options directional setups
CPR-based breakout and reversal strategies
Trend continuation identification
Understanding volatility days (Narrow CPR Days)
⚠️ Disclaimer
This is a technical tool for chart analysis and does not guarantee profits. Always combine CPR analysis with price action, volume, and risk management.
S&R Detector by Rakesh SharmaSupport & Resistance Auto-Detector
Automatically identifies key Support and Resistance levels with strength ratings
✨ Key Features:
🎯 Intelligent S/R Detection
Automatically finds Support and Resistance levels based on swing highs/lows
Shows strength rating (Very Strong, Strong, Medium, Weak)
Displays number of touches at each level
📅 Key Time-Based Levels
Previous Day High/Low (PDH/PDL) - Blue lines
Previous Week High/Low (PWH/PWL) - Purple lines
Optional Round Numbers for psychological levels
⚙️ Fully Customizable
Adjust sensitivity (5-20 pivot length)
Filter by minimum touches (1-10)
Control maximum levels displayed (3-20)
Optional S/R zones (shaded areas)
📊 Live Dashboard
Shows nearest Support/Resistance
Distance to key levels
Total S/R levels detected
🔔 Smart Alerts
PDH/PDL breakout signals
Visual markers on chart
Perfect for: Intraday traders, Swing traders, Price action analysis
RSI Multi-TimeFrame [PACHI]This will show a Table with multiple time frames RSI levels.
> 68 the table cell will be red for given timeframe to indicate overbought
< 35 the table cell will be green for given timeframe to indicate oversold
there are few settings you can play with. if you have any suggestions, let me know.
// Pachi
Disparity Offset [WizardTrendsInc]Disparity Offset
Description
Disparity Offset measures how far price is offset from a selected moving average, expressed as a percentage. It shows whether price is trading above or below its average and by how much, helping visualize price extension, balance, and deviation from the mean. The indicator oscillates around a zero line, where zero represents price being aligned with the moving average.
How to Use Disparity Offset
Zero Line (0%)
When the Disparity Offset is near zero, price is close to the moving average, suggesting equilibrium.
Positive Values
Values above zero indicate price is above the moving average. Larger positive readings show stronger upward offset from the average.
Negative Values
Values below zero indicate price is below the moving average. Larger negative readings show stronger downward offset
Upper & Lower Offset Zones
The configurable upper and lower percentage levels highlight when price is relatively far from the moving average. Movement back toward the zero line can be used to study mean-reversion behavior.
Visual Aids
Histogram bars show direction and intensity of the offset
Shaded zones emphasize overextended conditions
Optional markers display crossings of offset levels and the zero line for observation and learning
"Disclaimer: This indicator is intended for educational purposes only and does not constitute financial advice. Trading involves significant risk, and users should perform their own research and consult with a licensed financial advisor before making any trading decisions.
GIX-Treid-2Timeframes: M15 – H1 (and higher)
An advanced SuperTrend, more stable and more intelligent, based on statistical calculations, not market noise.
It calculates a statistical moving average, significantly smoother than EMA or SMA.
It builds an adaptive channel around this average, using fixed pip/tick steps (not a classic ATR).
The trend changes only when price breaks the channel, not on minor fluctuations.
The main line moves in discrete steps, not continuously → no repaint and no whipsawing.
Line color indicates direction:
Green = bullish trend
Red = bearish trend






















