MTF Bullish/Bearish IndicatorThe script plots a bullish/bearish indicator by evaluating a variety of moving averages for a security across multiple timeframes. It's derived from built in Technical Analysis indicator published by TradingView. The result of evaluation is plotted on the chart in green light/red light format in a configurable location.
evaluated moving averages include
- SMA 10, 20, 30, 50, 100, 200
- EMA 10, 20, 30, 50, 100, 200
- Hull MA 9
- VWMA 20
- Ichimoku Cloud
moving averages are evaluated at chart timeframes and 5 min, 15 min, 30 min, 120 min, 240 min, and daily by default but can be customized.
在脚本中搜索"bear"
Macd Divergence + MTF EMA MACD Divergence + Multi Time Frame EMA
This Strategy uses 3 indicators: the Macd and two emas in different time frames
The configuration of the strategy is:
Macd standar configuration (12, 26, 9) in 1H resolution
10 periods ema, in 1H resolution
5 periods ema, in 15 minutes resolution
We use the two emas to filter for long and short positions.
If 15 minutes ema is above 1H ema, we look for long positions
If 15 minutes ema is below 1H ema, we look for short positions
We can use an aditional filter using a 100 days ema, so when the 15' and 1H emas are above the daily ema we take long positions
Using this filter improves the strategy
We wait for Macd indicator to form a divergence between histogram and price
If we have a bullish divergence, and 15 minutes ema is above 1H ema, we wait for macd line to cross above signal line and we open a long position
If we have a bearish divergence, and 15 minutes ema is below 1H ema, we wait for macd line to cross below signal line and we open a short position
We close both position after a cross in the oposite direction of macd line and signal line
Also we can configure a Take profit parameter and a trailing stop loss
[SCL] True Market StructureSee market structure at a glance with Higher Highs and Lower Lows. Bullish/Bearish/Ranging market bias is automatically derived. Optionally get alerted for breaks in market structure. Uses true Local Highs/Lows instead of simply the highest/lowest "pivot" for x bars. Can be useful as a support for learning market structure or for alerts for a change in structure while you're not at the computer.
Separated ATR - evoThis script plots two ATR (Average True Range) values, one based on only bullish and the other based on only bearish bars. If the current bar is positive, the negative ATR will use its last known negative bar for the calculation. You can smooth bar directions by using the Heikin Ashi setting.
Use this the same way how you would use the regular ATR indicator, but with the added value of knowing which side of the market has more volatility.
TMMS OscillatorThe TMMS oscillator (aka “Trading Made More Simpler”) is an indicator made of conditions based on both 2 separated Stochastic and 1 RSI.
Bullish zone is green and bearish one is red. When the histogram is grey, no signals is available at that time.
The indicator has an option to show the current trend of an Hull moving average (ascending or descending curve). When the trend is up, green dots are plotted on the zero line. When the trend is down, the dots are coloured in red.
Greetings, success with your trade!!!
Dreadblitz BarsThese bars can give you good opportunities if you know how to analyze the context.
blue=bullish
black=bearish
thumbs up
Market Thrust IndicatorThe Market Thrust indicator is a powerful measure of the stock market's internal strength or weakness. There are four components to this indicator:
1-Advancing Issues on the New York Stock Exchange (NYSE) – $ADV
2-Advancing Volume on the NYSE – $UVOL
3-Declining Issues on the NYSE – $DECL
4-Declining Volume on the NYSE – $DVOL
The formula for Market Thrust is given below:
($ADV x $UVOL)-($DECL x $DVOL)
When used for day-trading, the trend of the Market Thrust indicator is what is most important.
Rising Market Thrust Indicator: Considered a bullish sign; can act as a confirmation signal when combined with a rising stock, index ETF, or stock index future's price.
Falling Market Thrust Indicator: Considered a bearish sign; can act as a confirmation signal of a decreasing market price.
The Market Thrust indicator could be used for detecting divergences in trends. Divergences occur when:
- Price is trending higher, but the Market Thrust indicator is not moving higher or is even going down.
- Price is trending lower, however, the Market Thrust technical analysis tool is not trending lower, it is either not trending or is trending higher.
Add a fully configurable trend line over MTI.
Read more at: commodity.com
Engulfing Scanner v1This indicator helps you to quickly identify bullish and bearish engulfing patterns.
Works on currencies only (pips required).
Differential Price Counter for Bullish/Bearish BarsThis script can show the cumulative differential price of both bullish/bearish bars with the 0.1pip precision for the currencies having five decimal precision. However, can be useful for all markets.
RepulseThis indicator was originally developed by Eric Lefort, a professional trader and author from France.
It gauges and displays the bullish or bearish pressure.
Like and follow for more open source indicators!
Happy Trading!
RSI_EMA & Bearish EngulfingThis is a RSI-RSI of EMA and bearish candlestick reversal pattern formed by two candlesticks. Following an uptrend, the first candlestick is a up candlestick which is followed by a down candlestick which has a long real body that engulfs or contains the real body of the prior bar. following an uptrend, if RSI and EMA line cross then Sell and for downtrend if RSI and EMA line cross then Buy.
CMYK VRMI◊ Introduction
This script indicates the relative movement of price x volume.
◊ Origin
Based on 'The Relative Momentum Index' by Roger Altman : February, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago.
This results in an RSI that is smoother. The input has been changed to the change of a smoothed close multiplied by a smoothed volume.
The polarity of VRMI indicates bearish/bullish movement.
◊ Adjustments
CMYK color theme applied.
◊ Usage
VRMI indicates the force the market moves with.
◊ Future Prospects
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◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊
CMYK VRMI RAYS ◊ Introduction
Introducing VRMI in this script, an RMI based on price movement and volume, to indicate bullish and bearish trends.
This script marks the background depending on RMI <> VRMI , VRMI polarity and large buy/sell sprees.
◊ Origin
Based on 'The Relative Momentum Index' by Roger Altman : February, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago.
This results in an RSI that is smoother.
In addition VRMI reacts quick, it is used to cut off latency from RMI, and it's polarity indicates the beginning and end of a trend.
Large buy sell sprees and detected in their proportion with an sma on the volume
◊ Adjustments
CMYK color theme applied.
◊ Usage
This indicator can be used to detect trends and mark reversals.
◊ Prospects
◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊
Super Envolvente (Bullish y Bearish)Identificador de Super-envolventes (SE), se encarga de darle un color verde a la SE alzista (Bullish) verde y rojo a la bajista (Bearish).
Bearish signal using Point of Control (POC) with PAC by guruThis indicator code helps traders identify potential sell opportunities using several important technical indicators:
Point of Control (POC) – This is the price level where the most volume was traded over the past several days.
Previous Day's Low – This shows the lowest price reached during the previous day.
PAC (Price Action Channel) EMA – These are two moving averages (one based on the low price and one based on the close price) that help determine if the price is trending within a certain range.
Volume SMA – This is a 3-day simple moving average (SMA) of volume, which helps filter out signals based on market activity.
What the Script Does:
Point of Control (POC):
The script looks at the last 50 days (configurable) and calculates which price level had the highest trading volume.
It then plots a red line on the chart at the POC level. This is important because it helps identify areas where there was strong market interest in the past.
Volume Moving Average:
The script calculates a 3-day SMA of volume, but it excludes the current day to avoid premature signals based on today’s trading.
The volume SMA is used to ensure there’s enough market activity (with a threshold set to 25 units) before triggering a sell signal.
Price Action Channel (PAC) EMA:
The PAC consists of two exponential moving averages (EMAs):
The PAC Low EMA: This is based on the low prices over the last 34 periods (configurable).
The PAC Close EMA: This is based on the closing prices over the last 34 periods.
These EMAs help determine if the price is trending above or below certain price levels.
Sell Signal Logic: The script checks three conditions before displaying a "Sell" signal:
Price Below POC and Previous Day’s Low:
The close price must be below both the Point of Control (POC) and the previous day's low.
Volume SMA Above 25:
The 3-day volume SMA must be greater than 25. This ensures the signal only triggers when there’s enough trading volume in the market.
Today’s Low is Above PAC EMAs:
Today's low price must be above both the PAC low EMA and the PAC close EMA. This prevents sell signals when prices are already significantly below the PAC, indicating possible exhaustion in the downtrend.
If all three conditions are met, the script will display a red "Sell" label on the chart, signaling a potential selling opportunity.
No Sell Signal if Price Reverses:
If the price crosses back above the POC or the previous day's low, the script will remove the sell signal and reset for a new opportunity.
Summary of Conditions:
For the script to display a "Sell" label:
The close price must be below the Point of Control (POC) and the previous day’s low.
The 3-day volume SMA (excluding today) must be greater than 25 units.
The low price of the current day must be above both the PAC low EMA and the PAC close EMA.
If these conditions are met, a red sell label appears on the chart as a potential signal for a short (sell) trade.
BK AK-Flag Formations🏴☠️ BK AK-Flag Formations — Continuation Structure, Tactical Readability. 🏴☠️
Built for traders who press momentum with discipline: it finds flagpoles + flags/pennants, validates the structure, draws the boundaries, and labels it in a way you can act on without clutter.
🎖️ Full Credit — Foundation Engine (Trendoscope)
Original foundation (Trendoscope Flags & Pennants):
The core detection engine (multi-zigzag swing extraction, pivot logic, validation/classification framework, and base drawing architecture) is by Trendoscope.
This script keeps that engine intact. My work adds a tactical execution layer: short tags + tooltip briefing + alert routing + forward border projection.
✅ What This Script Does
This indicator hunts continuation formations after an impulse move, and outputs three things:
Detects the pole (impulse leg) and the consolidation that follows
Classifies the consolidation as a Flag or Pennant, and assigns a bias (Bull/Bear/Neutral) based on context
Draws the structure and labels it cleanly, with optional hover briefings and filtered alerts
You get continuation structure across multiple sensitivities, so it can catch tight flags and larger, slower continuations without changing settings every chart.
🔍 How It Detects (So You Know It’s Not Random)
This is not “pattern art.” It’s rule-based swing logic + geometry:
1) Multi-Zigzag Sweep (micro → macro)
The script runs multiple zigzag levels (up to 4) to extract swings at different sensitivities.
That means the same market is scanned for both:
short, fast consolidations
larger, cleaner consolidations
2) Impulse + Consolidation Validation
After swings are extracted, the engine checks:
that the move qualifies as an impulse “pole”
that the consolidation stays within a controlled retracement window (your Max Retracement control)
that the consolidation geometry is coherent enough to be classified (tolerance controlled by Error Threshold and Flat Threshold)
3) Optional Quality Filters (you control strictness)
Verify Bar Ratio: checks proportion/spacing of pivots, not just price shape
Avoid Overlap: prevents stacking new patterns on top of existing ones
Max Patterns: hard cap so the chart stays readable
Repaint option: allows refinement if better coordinates form (useful for real-time traders)
🧩 BK Enhancements — Why This Publication Exists (Not a Mashup)
This is one pattern engine plus a purpose-built execution layer. Not “two indicators glued together.”
A) Short-Form Pattern Tags (clarity under pressure)
Instead of long labels drowning price, the script can replace them with compact codes:
BF / BeF / BP / BeP / F / P / UF / DF / RF / FF / AF / DeF
This is not cosmetic — it lets you keep structure visible while trading.
B) Tooltip Briefing (optional)
Hover a tag to see:
the full pattern name
the bias (Bullish/Bearish/Neutral)
So you get detail only when you request it, not sprayed across the chart.
C) Alert Routing (signal control, not spam)
Alerts can be filtered by:
Bias (Bull/Bear/Neutral)
Type (Flag vs Pennant)
So you can route only what you trade — e.g., bullish continuations only, or pennants only.
D) Pattern Border Extension (planning the break/retest)
Optional feature extends only the two true boundary lines forward by N bars, so you can plan:
breakout/breakdown levels
retest zones
invalidation outside structure
This extension is selective: it aims to extend the actual borders, not random zigzag legs.
How these work together:
Trendoscope detects/validates → draws the pattern → BK layer converts labels to short tags + applies transparency + tooltip overlay → BK alert router filters by bias/type → BK border extension projects the two boundary lines forward.
That’s the purpose: faster reads + cleaner execution planning.
🏷️ How To Read the Codes (Practical Translation)
BF — Bull Flag: strong pole → controlled pullback → watch boundary break + continuation
BP — Bull Pennant: thrust → tight compression → expansion confirms carry
BeF — Bear Flag: down impulse → weak rallies → breakdown favors continuation lower
BeP — Bear Pennant: pause beneath resistance → release favors trend continuation
F / P: generic tags when it’s valid but shouldn’t over-specify
⚙️ What You Actually Tune
Zigzag lengths/depths: sensitivity (faster vs cleaner)
Max Retracement: how deep consolidation may retrace the pole
Error / Flat thresholds: strictness of structure validation
Overlap / Max patterns: chart cleanliness
Labels: short tags, transparency, tooltips
Border extension: extend boundaries forward by N bars
Alerts: enable + filter by bias and by type
🧑🏫 BK / AK
AK is honor — my mentor’s standard: patience, clarity, no gambling.
All glory to G-d — the true source of wisdom, restraint, and endurance.
👑 King Solomon Lens
“Plans are established by counsel; by wise guidance wage war.” — Proverbs 20:18
Continuation trading is the same: impulse → formation → execution.
BK AK-Flag Formations — when the standard rises, the line advances.
Gd bless. 🙏
Ultimate Lines Statistical Backtest @MaxMaseratiUltimate lines (MAs/MACD/VWAP,DWA etc..) Statistical Backtest
This is a comprehensive statistical backtesting tool that allows traders to objectively measure the performance of 27+ different trading lines across multiple timeframes and sessions. Instead of guessing which moving averages, VWAPs, or volume levels actually work for your trading style, this indicator provides hard data showing exactly how price behaves around each line at specific times of day.
The indicator solves a critical problem: most lines create whipsaws in choppy markets, but knowing which lines have the highest continuation rates vs reversal rates at specific session times helps you avoid false signals and focus on setups with proven statistical edges.
🎯 LINES YOU CAN TEST
MMM Core Lines:
Mid MA: Trend velocity tracker using simple moving average
MMPD Line: Premium/Discount change-of-direction indicator
Fair Value Golden Ratio: 0.618 equilibrium level between premium and discount zones
Volume-Based Lines:
VWAP Daily/Weekly: Volume-weighted average price (daily and weekly sessions)
Volume POC Multi-TF: Multi-timeframe Point of Control (highest volume price level)
Volume POC Weekly: Weekly momentum pivot based on volume distribution
Range Midpoints:
Range Midpoint 50: 50-period high/low midpoint
Range Midpoint 14 TF1/TF2: Configurable timeframe range midpoints with smoothing options
Moving Averages (10 MA Types):
MACD Fast (12) / Signal (26): Standard MACD moving averages
Fast MA 20 / Mid MA 50 / Slow MA 200: Classic trend-following averages
Available MA Types: SMA, EMA, WMA, HMA, DEMA, TEMA, LSMA, KAMA, ALMA, VWMA
Volatility Indicators:
MVM Upper/Lower Bands: Momentum-based volatility bands with adaptive option
HVC Bullish/Bearish: High Volume Candle support/resistance levels
Ultimate Suite Advanced Lines:
DWAP (Delta Weighted Average Price): Directional volume-weighted price with upper/lower bands
HVN (High Volume Node): High-frequency trading node detection
Hybrid Line: Volume-weighted momentum composite
Trend Filter: Two-pole smoothing filter for trend clarity
STL Lines:
iBuSTL / iBeSTL: Internal Bullish/Bearish Structural Trend Liquidity levels
⚙️ HOW TO TEST
Select Lines: Check the boxes for lines you want to analyze (Mid MA, VWAP Daily, Volume POC, etc.)
Choose Times: Enable tracking for specific session times (default: 8:30 AM, 9:30 AM, 10:00 AM, Daily Close - EST)
Set Lookback: Choose how many days of historical data to analyze (default: 60 days)
Enable Pattern Analysis: Turn on "Enable Pattern Analysis" in settings
Wait for Data: The indicator needs 20 bars after each signal time to complete analysis
Review Statistics: Check the statistics table for detailed breakdowns
📈 STATISTICS EXPLAINED
For Each Tracked Time, You'll See:
🟢 Above Selected Lines (X samples):
Continued↑: Price stayed above the lines = bullish continuation
Reversed↓: Price broke below the lines = reversal/rejection
→Kept Going↓: After reversing down, price continued lower (bars 11-20)
→Stalled: After reversing down, price came back up (consolidation)
Neutral: Price didn't make a clear move either way
🔴 Below Selected Lines (X samples):
Continued↓: Price stayed below the lines = bearish continuation
Reversed↑: Price broke above the lines = reversal/support bounce
→Kept Going↑: After reversing up, price continued higher (bars 11-20)
→Stalled: After reversing up, price came back down (consolidation)
Neutral: No clear directional move
⭐ Star Ratings: Show which outcome happens most frequently (best probability)
🔬 HYBRID DETECTION SYSTEM (ADVANCED)
When enabled, the indicator uses a multi-signal composite scoring system that goes beyond simple percentage movements:
Signal A - % Movement Direction (40% weight):
Measures the strength and direction of price movement. Strong directional moves (>0.8%) score higher, while opposite-direction moves score negatively.
Signal B - Inside Candles (30% weight):
Detects true consolidation by counting how many candles close within a defined range. High inside-candle counts indicate choppy, stalled price action rather than clean continuation.
Signal C - Successive Closes (30% weight):
Tracks momentum persistence by counting consecutive closes in the expected direction. Long streaks (6+ bars) indicate strong follow-through, while breaks in the sequence suggest weakness.
Composite Score Classification:
⭐⭐⭐ Strong (75-100 points): All three signals align - high-confidence pattern
⭐⭐ Moderate (50-75 points): Two signals agree - reliable pattern
⭐ Weak (25-50 points): Mixed signals - lower confidence
⚠️ Strong Stalled (0-25 points): Signals show consolidation/reversal
This provides nuanced pattern detection that identifies not just IF a pattern succeeded, but HOW STRONGLY it performed.
💡 INTERPRETING RESULTS
Good Lines Show:
High continuation % when price is above/below (>60% is strong)
Clean "Kept Going" patterns after reversals (>50% indicates reliable rejection)
Low stalled % (less whipsaw/consolidation)
Consistent patterns across multiple times (validates the line's reliability)
Poor Lines Show:
50/50 continuation vs reversal (coin flip = no edge)
High stalled % (lots of whipsaw/false signals)
Inconsistent patterns across different times (unreliable)
Example Interpretation:
9:30 AM - VWAP Daily (120 samples)
🟢 Above:
Continued↑ 75 (62.5%) ⭐ BEST
Reversed↓ 30 (25.0%)
Meaning: When price is above VWAP Daily at 9:30 AM, it continues higher 62.5% of the time - this is a statistically strong bullish signal for that session time.
🎯 PRACTICAL VALUE
Solves the Whipsaw Problem:
Most moving averages and lines work beautifully in trending markets but create endless false signals in choppy, range-bound conditions. By analyzing specific session times and continuation vs reversal patterns, you can:
Identify high-probability setups: Focus on lines that show >60% continuation at your preferred trading times
Avoid weak signals: Skip lines with high stall rates or 50/50 outcomes
Time your entries better: Know which session times produce the cleanest patterns
Combine complementary lines: Stack multiple high-scoring lines for confluence
Adapt to market conditions: Switch to different lines when market structure changes
Real-World Application:
Instead of blindly trading VWAP crosses or MA bounces, you'll have objective data showing: "At 9:30 AM on ES, when price is above Mid MA + VWAP Daily + Volume POC, it continues higher 68% of the time with strong momentum (⭐⭐⭐)." This transforms discretionary guesswork into data-driven decision making.
⚙️ LINE DEFINITIONS
Moving Averages: Smooth price data over X periods to identify trend direction and dynamic support/resistance.
VWAP: Anchored average price weighted by volume - institutional traders' benchmark for "fair value."
Volume POC (Point of Control): Price level with the most traded volume - represents maximum market acceptance.
Fair Value Golden Ratio: Fibonacci 0.618 level between recent premium (high) and discount (low) - equilibrium zone.
DWAP (Delta Weighted): Price average weighted by buying vs selling volume delta - shows directional money flow.
Range Midpoints: Geometric center of recent high/low range - mean reversion pivot.
Volatility Bands: Envelope around momentum lines showing normal price deviation ranges.
HVN (High Volume Node): Automated detection of high-volume price clusters - institutional accumulation/distribution zones.
Note: This indicator is purely for statistical analysis and backtesting. It does not generate trade signals or provide entry/exit recommendations. Use the statistics to inform your own trading decisions and strategy development.
BK AK-Warfare Formations👑 BK AK-Warfare Formations — Geometric Structure, Tactical Readability 👑
Built for traders who want validated structure (channels/wedges/triangles) without chart clutter — with compact tags, hover briefings, filtered alerts, and forward-projected battle lines.
🎖️ Full Credit — Foundation Engine (Trendoscope)
Original foundation (Trendoscope Auto Chart Patterns):
The entire pattern engine (multi-zigzag scanning, pivot logic, trendline-pair validation, geometric classification, overlap handling, pattern caps, and the base drawing framework) is by Trendoscope — one of the strongest Pine engineers on TradingView and the creator of the underlying detection architecture.
This script keeps that engine intact. My work is a tactical layer on top: readability + interaction + alerts + forward structure projection.
🧠 What This Script Does (User-Facing Output)
This indicator automatically detects and draws these geometric formations on price:
Channels
AC — Ascending Channel
DC — Descending Channel
RC — Ranging Channel
Wedges
RWE / FWE — Rising/Falling Wedge (Expanding)
RWC / FWC — Rising/Falling Wedge (Contracting)
Triangles
ATC / DTC — Ascending/Descending Triangle (Contracting)
ATE / DTE — Ascending/Descending Triangle (Expanding)
CT — Converging Triangle
DT — Diverging Triangle
You can display either the full pattern name or short tactical tags so structure stays visible without burying price.
🔍 How It Detects (So You Know It’s Not Random)
Trendoscope’s engine follows a strict geometric workflow:
1) Multi-Zigzag Sweep (micro → macro)
The script runs multiple zigzag configurations (up to 4) so it can detect the same market at different swing sensitivities — from tighter formations to broader ones.
2) Pivot Structure Validation (5 or 6 pivots)
A formation is only eligible when the swing sequence provides a valid pivot set (typically 5 or 6 pivots depending on your setting).
3) Trendline-Pair Validation + Geometry Classification
Two boundary trendlines are built and validated:
Upper boundary anchored to pivot highs
Lower boundary anchored to pivot lows
Then the engine measures geometry to classify:
Parallel → Channel
Converging / Diverging with same direction → Wedge
Converging / Diverging with opposing direction → Triangle
4) Quality Controls (optional but recommended)
Error threshold controls tolerance for line fit
Flat threshold controls what qualifies as “flat”
Bar ratio verification checks proportionality of swing spacing
Avoid overlap prevents stacking noisy patterns
Max pattern caps keeps chart readable
Net effect: You get validated geometry, not doodles.
🧩 BK Enhancements — Why This Publication Exists (Not a Mashup)
This publication is not “two indicators glued together.” It’s a single detection engine plus an execution-oriented interface layer built specifically to solve real pain points:
A) Tactical Labels (Clarity Under Pressure)
Short-form tags (AC/DC/RWE/CT…) to keep charts readable
Independent transparency controls (label text + background)
Optional hover tooltips that show full pattern name + directional bias (Bullish/Bearish/Neutral)
How it works together: Trendoscope detects/draws → BK label layer converts to short tags + applies transparency + tooltip overlay.
B) Alert System Upgrades (Signal Routing, Not Spam)
Alerts are filtered by:
Bias: Bullish / Bearish / Neutral
Category: Channel / Wedge / Triangle
So instead of “New Pattern!” noise, you can route only what you trade.
How it works together: When the engine confirms a pattern, BK’s alert router reads the pattern name → derives bias/category → checks your enabled filters → sends only approved alerts.
C) Pattern Border Extension (Forward Battlefield Edges)
Optional feature to extend only the two true boundary lines of the pattern forward by N bars so you can plan:
where price might react
where breaks/retests become obvious
where entries/invalidations belong
This extension logic is selective (it avoids extending zigzag legs/pivot scribbles) and attempts to extend the best-matching border pair only.
How it works together: After patterns are drawn, BK scans existing pattern lines → identifies the border pair → extends those borders forward.
⚙️ Core Controls (What You Actually Tune)
Scanning / Quality
Zigzag lengths & depths (swing sensitivity)
Pivots used: 5 vs 6
Error tolerance + flat threshold
Bar ratio verification
Overlap avoidance + repaint behavior
Max patterns displayed
Display / Readability
Theme colors or custom palette
Transparency for pattern lines/labels
Short labels ON/OFF
Tooltips ON/OFF
Border extension ON/OFF + extend bars
Alerts
Enable alerts overall
Filter by bias
Filter by category (Channel/Wedge/Triangle)
🗺️ How To Use It (Practical, Not Fantasy)
Channels: trade the lane — entries near the boundary, invalidation outside the structure
Wedges: watch compression/expansion and breaks + retests (distribution/accumulation behavior often shows here)
Triangles: plan edges, not the middle — compression → expansion is the whole point
This script gives structure. You still decide execution rules (entry trigger, invalidation, targets).
🧑🏫 BK / AK
AK is honor — my mentor’s standard: patience, clean execution, no gambling.
👑 King Solomon’s Standard
This is warfare—market warfare—so we move by wisdom, not emotion:
“By wise counsel you will wage your own war, and in a multitude of counselors there is safety.” — Proverbs 24:6
BK AK-Warfare Formations — where formation meets judgment, and judgment meets execution.
Gd bless. 🙏
Pulse Wave Matrix [SCALPER]════════════════════════════════════════════════════════════════════════════════
PULSE WAVE MATRIX - SCALPER EDITION | QUICK GUIDE
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█ WHAT IS PWM?
PWM detects when price is "coiling" (compression) and about to explode.
• ORANGE DOTS = Spring compressing (GET READY)
• GREEN DOT = Spring released (TAKE ACTION)
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█ READING THE INDICATOR
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HISTOGRAM BARS:
• BRIGHT CYAN = Strong bullish (best for longs)
• DARK CYAN = Bullish weakening (consider exit)
• BRIGHT RED = Strong bearish (best for shorts)
• DARK RED = Bearish weakening (consider exit)
CENTER DOTS:
• ORANGE = Compression active → WAIT
• GREEN = Compression released → LOOK FOR ENTRY
• GRAY = Normal market → SCAN
SIGNALS:
• ▲ Green Triangle = HIGH-PROBABILITY LONG
• ▼ Red Triangle = HIGH-PROBABILITY SHORT
• ● Small Circle = Quick scalp (lower probability)
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█ HOW TO TRADE (3 Simple Steps)
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STEP 1: WAIT FOR SETUP
→ Orange dots appear (compression)
→ Panel shows "Pulse: READY"
STEP 2: WAIT FOR TRIGGER
→ Green dot appears (released)
→ Triangle signal appears
→ Check histogram: CYAN = Long, RED = Short
STEP 3: EXECUTE
→ Enter on triangle signal
→ Set SL: 1.5x ATR below/above entry
→ Set TP: 2x SL distance
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█ ENTRY CHECKLIST
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BEFORE ENTERING, CONFIRM:
☑ Green dot visible (pulse released)
☑ Triangle or circle signal present
☑ Histogram color matches direction
☑ Panel "Trend" aligns with trade
☑ RSI not showing OB! or OS!
DO NOT ENTER IF:
✗ Still orange dots (not released)
✗ Trend opposite to signal
✗ RSI at extreme
✗ Major news coming
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█ EXIT RULES
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EXIT IMMEDIATELY:
• Stop loss hit
• Take profit hit
• Opposite triangle appears
EXIT SOON:
• Histogram color fading (bright → dark)
• New orange dots appear
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█ RISK MANAGEMENT
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• Risk 1-2% per trade MAX
• Stop after 3 losses in a row
• Maximum 5-7 trades per day
• Primary signals (▲▼) = Full size
• Quick signals (●) = Half size
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█ RECOMMENDED SETTINGS
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FOR 5-MINUTE CHARTS:
Pulse Length: 8 | Wave Length: 5
ATR Length: 7 | Signal Smooth: 2
SL Multiplier: 1.2 | TP Ratio: 1.5
FOR 15-MINUTE CHARTS:
Pulse Length: 10 | Wave Length: 6
ATR Length: 8 | Signal Smooth: 3
SL Multiplier: 1.5 | TP Ratio: 2.0
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█ BEST TRADING TIMES
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FOREX: 8:00 - 11:00 AM EST (London-NY overlap)
CRYPTO: 9:00 - 11:00 AM EST (US morning)
STOCKS: 10:30 - 11:30 AM EST (post-open)
AVOID: Major news events, low volume periods
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█ COMMON MISTAKES
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✗ Entering during orange dots (too early)
✗ Trading against trend filter
✗ Moving stop loss further away
✗ Taking every signal without filtering
✗ Overtrading (20+ trades/day)
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█ QUICK REFERENCE
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LONG TRADE:
Orange dots → Green dot → Cyan bars rising → ▲ Triangle → BUY
SHORT TRADE:
Orange dots → Green dot → Red bars falling → ▼ Triangle → SELL
HOLD UNTIL:
Histogram fades OR TP hit OR opposite signal
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█ REMEMBER
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• Wait for GREEN DOT before looking for entries
• Only trade when TREND aligns with signal
• Always use STOP LOSS - no exceptions
• Quality over quantity - skip weak setups
60% win rate + 1:2 RR = PROFITABLE
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GOOD LUCK & HAPPY SCALPING!
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