OPEN-SOURCE SCRIPT

High-and-Tight Impulse + Micro Consolidation

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This indicator detects a specific bullish continuation setup on daily charts:
- An impulse move (X% rise within N bars, mostly green candles)
- Immediately followed by a tight consolidation (small ranges, small bodies)
- Closes holding in the top zone of the impulse

On the chart, signals are plotted as orange dots above bars.
Labels show the last detected setup date, and a counter displays total matches in history.
Useful for backtesting "high-and-tight flag" type momentum patterns or any symbol.

Adjust inputs (impulse % threshold, bars, ATR ratios, top zone %) to make it stricter or looser.
Alerts are included when a new setup is detected.

This tool is not financial advice. For educational and research purposes only.

by fiyatherseydir

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