OPEN-SOURCE SCRIPT
[RealEdgeFX] - Manipulation Candle

Overview
The Manipulation Candle indicator highlights potential liquidity grabs and false breakouts directly on the chart. It focuses on moments when price sweeps prior highs or lows but closes in the opposite direction, suggesting a possible manipulation before a market reversal.
Core Logic
The indicator compares the current candle against the previous one and colors the bar when specific conditions are met:
Neutral candles remain uncolored to avoid clutter and keep the focus on high-impact moments.
Design Approach
Usage
The Manipulation Candle indicator highlights potential liquidity grabs and false breakouts directly on the chart. It focuses on moments when price sweeps prior highs or lows but closes in the opposite direction, suggesting a possible manipulation before a market reversal.
Core Logic
The indicator compares the current candle against the previous one and colors the bar when specific conditions are met:
- Sell Manipulation (dark red)
- When the current candle breaks above the previous high but then closes below the prior low.
- → This often signals a stop hunt to the upside followed by bearish intent.
- Buy Manipulation (light green)
- When the current candle breaks below the previous low but then closes above the prior high.
- → This suggests a liquidity sweep to the downside before bullish continuation.
Neutral candles remain uncolored to avoid clutter and keep the focus on high-impact moments.
Design Approach
- Clarity: Only the candles that meet strict criteria are marked, reducing noise.
- Liquidity Focused: Built for traders who want to quickly spot manipulative price action.
- Non-Repainting: Once a candle is identified as manipulation, the color stays fixed.
Usage
- Add it as an overlay on your chart.
- Watch for green or red manipulation candles as alerts of possible reversals or liquidity events.
- Combine with your own market structure or bias tools to increase accuracy.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。