Wyckoff Springs Sell Side Indicator

3天前

Description:
This script identifies potential Wyckoff Spring and Sell Test setups, critical patterns in the Wyckoff Method of market analysis. Springs signal bullish reversals after a price dip below support levels, followed by a quick recovery, while Sell Tests highlight bearish reversals following a rally above resistance, then a sharp return.

Features:

Automatic detection of Spring and Sell Test conditions.
Customizable parameters for sensitivity and timeframe.
Visual alerts and labels for easy spotting.
Ideal for traders applying Wyckoff principles in their strategies.
Disclaimer:
This script is for educational and informational purposes only and should not be considered financial advice. Past performance does not guarantee future results. Always conduct your own research and consult with a qualified financial advisor before making trading decisions. Use at your own risk.