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Syndicate

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๐Ÿ“˜ Syndicate Indicator โ€“ Description

The Syndicate Indicator is a dynamic, precision-based visual tool for identifying trend direction, major reversals, and institutional golden pocket zones. Designed for clarity, minimalism, and sniper-level entries, it helps traders navigate market structure with confidence.

๐Ÿ”น Trend Emoji Guide (Top-Right Corner Table):
โ€ข ๐Ÿ“ˆโœ… โ€“ Strong Uptrend Detected (Potential Long Bias)
โ€ข ๐Ÿ“‰โœ… โ€“ Strong Downtrend Detected (Potential Short Bias)
โ€ข ๐ŸŒ€ โ€“ Market in Limbo (Neutral/No Trade Zone)

These trend cues are calculated using multi-layer confluence of EMAs, WaveTrend oscillator, and volume trend.

โธป

๐ŸŸจ Golden Pocket Lines

The script automatically plots high-confluence golden pocket zones from:
โ€ข Previous Day (Orange Dotted Lines)
โ€ข Previous Week (Fuchsia Dotted Lines)
โ€ข Previous Month (Teal Dotted Lines)

Golden pockets only appear when price is nearby (within a % range you can configure) to reduce chart clutter and highlight relevance.

โธป

๐Ÿ”ด Reversal Signal Dots

Small dots (minimal size) show only the strongest reversal confluence:
โ€ข White dot = Bullish reversal opportunity
โ€ข Purple dot = Bearish reversal opportunity
These appear sparingly, using WaveTrend extremes + volume confirmation for high conviction signals.

โธป

๐Ÿ“œ Trading Rules (Beginner-Friendly)

โœ… When to Consider a Long (NFA):
โ€ข Top-right emoji shows ๐Ÿ“ˆโœ…
โ€ข Price is above both EMAs (50 & 200)
โ€ข WaveTrend confirms strong upward pressure
โ€ข Volume is above average
โ€ข Bonus: White dot or price bouncing from a golden pocket

โœ… When to Consider a Short (NFA):
โ€ข Top-right emoji shows ๐Ÿ“‰โœ…
โ€ข Price is below both EMAs
โ€ข WaveTrend is trending down with pressure
โ€ข Volume is above average (bearish)
โ€ข Bonus: Purple dot or price rejecting a golden pocket

โš ๏ธ When to Wait / Avoid Trading:
โ€ข Emoji shows ๐ŸŒ€ (limbo)
โ€ข Price is between the EMAs
โ€ข Low volume or choppy price action
โ€ข No dot signal or golden pocket interaction

โธป

๐Ÿ“Œ Best Practices:
โ€ข Use on timeframes 5mโ€“4H for best balance of precision and context
โ€ข Combine with Spiderline zones, SFPs, and divergence for stacked confluence
โ€ข Use alerts to stay notified when strong trend shifts occur
โ€ข Remember: No financial advice โ€” always practice risk management and confirm entries manually
Nota Keluaran
๐Ÿง  Core Logic Enhancements
โ€ข Added WaveTrend oscillator logic (WT1 / WT2 crossover)
โ€ข Included EMA trend filter (50/200)
โ€ข Included volume confirmation for stronger directional bias

โธป

โœ… Trend Classification
โ€ข Strong Uptrend: WT1 > WT2 + EMA stack + volume increasing
โ€ข Strong Downtrend: WT1 < WT2 + EMA stack + volume increasing
โ€ข Limbo (No Trade Zone): Neither up nor down confluence

โธป

๐Ÿ“Š Visual Trend Display
โ€ข Custom table in bottom-left showing:
โ€ข ๐Ÿ“ˆโœ… for long trend
โ€ข ๐Ÿ“‰โœ… for short trend
โ€ข ๐ŸŒ€ for limbo
โ€ข Table is transparent, unobtrusive, and always present

โธป

๐Ÿ”ด๐ŸŸฃ Reversal Signals
โ€ข High-confluence strong reversal dot system:
โ€ข White dots = strong bullish reversal
โ€ข Purple dots = strong bearish reversal
โ€ข Filtered by WT cross and extreme zone strength
โ€ข Minimal display: only truly high-confluence dots are shown

โธป

๐Ÿ”ถ Golden Pocket Detection
โ€ข Daily, Weekly, and Monthly Golden Pocket zones added:
โ€ข Based on 0.65โ€“0.618 retracement from previous high/low
โ€ข Lines color-coded:
โ€ข Orange = daily
โ€ข Fuchsia = weekly
โ€ข Teal = monthly
โ€ข Only show when price is within custom distance (% proximity)

โธป

๐Ÿ’ฌ Alerts
โ€ข Alerts auto-set for:
โ€ข ๐Ÿ“ˆ Strong Uptrend Entry โ€” โ€œOK to LONG (NFA)โ€
โ€ข ๐Ÿ“‰ Strong Downtrend Entry โ€” โ€œOK to SHORT (NFA)โ€
โ€ข Controlled with toggles in settings

โธป

๐Ÿงผ Clean UI Commitment
โ€ข Fully non-obstructive layout
โ€ข No chart overlays (aside from minimal lines and tiny dots)
โ€ข Removed bar count for clarity
โ€ข Removed non-functional or clutter-heavy elements (e.g. failed cloud, unnecessary fill attempts)

โธป

๐Ÿ”ง Pine Script v6 Compatibility
โ€ข Entire script upgraded for Pine v6 syntax
โ€ข Avoided deprecated functions (plotfill, plotshape misuse)
โ€ข Replaced visual tricks with minimal code that ensures performance
Nota Keluaran
๐Ÿ”„ Update: Daily QP (Quarter Point) Line Added

โœ… New Feature:
โ€ข Daily QP (Quarter Point):
โ€ข Calculated as the midpoint between the previous dayโ€™s high and low
โ€ข Helps identify equilibrium zones where price may stall, reverse, or build up volume
โ€ข Acts as a confluence zone in your Three Laws of Sniping

๐Ÿ›  Technical Details:
โ€ข Formula:
QP = pdLow + (pdRange * 0.5)
where pdRange = pdHigh - pdLow
โ€ข Green line drawn across chart when price is within your defined visibility threshold (default: 1.5%)
โ€ข Controlled by a new toggle: Show Previous Day QP

๐ŸŽจ Visual Settings:
โ€ข Line color: ๐ŸŸฉ color.green at 35% opacity
โ€ข Line style: solid and thin (to avoid clutter)
โ€ข Only shown when close is within range
Nota Keluaran
๐Ÿ”„ Changelog โ€“ Update: Golden Pocket Refinement

โž• Added
โ€ข โœ… Monthly GP (current month, color: purple) with default ON
โ€ข โœ… Previous Month GP toggle added to settings (color: faint purple), default OFF

โœ… Fixed
โ€ข ๐Ÿž Resolved "undeclared identifier 'color'" error on Previous Week GP plot by replacing color.gold with hex #FFD700

๐Ÿ” Updated Labels (Settings Panel)
โ€ข โ€œPrevious Week GP High/Lowโ€ now correctly display in gold
โ€ข โ€œMonthly GP High/Lowโ€ use deep purple consistently
Nota Keluaran
chart update
Nota Keluaran
๐Ÿ”„ Changelog โ€“ Pattern Detection Update

Added:
โ€ข โœ… Custom Pattern Recognition Logic
โ€ข Detects high-confluence setups based on EMA flips, price structure, and volume spikes.
โ€ข Flags when a potential sniper entry is forming.

Visuals:
โ€ข โšช White Diamond = Bullish Pattern Detected
โ€ข ๐ŸŸฃ Purple Diamond = Bearish Pattern Detected
โ€ข Diamonds print above/below bars based on direction.

Conditions:
โ€ข EMA Short (8) crosses EMA Medium (21)
โ€ข Price must be above (for bulls) or below (for bears) EMA Long (50)
โ€ข Volume spike confirmation (150% of 20-bar average)

New Inputs:
โ€ข ๐Ÿ“Œ Show Pattern Diamonds toggle โ€“ enable/disable detection visibility

Alerts:
โ€ข ๐Ÿ›Ž๏ธ Bullish Pattern Alert
โ€ข ๐Ÿ›Ž๏ธ Bearish Pattern Alert

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.