Turtle Soup vs Previous Candle

This indicator highlights **Turtle Soup (TS)** setups by comparing **the current candle to the previous one**—and it only triggers **once the candle is fully closed**, so it doesn’t “paint and disappear” while the bar is still forming.

**What it detects**

* **TS Bear (bearish):**
Price *breaks above the previous candle’s high* (liquidity grab), then closes **bearish**, returning back below that prior high.
→ Concept: “fake breakout up, then reversal.”

* **TS Bull (bullish):**
Price *breaks below the previous candle’s low* (liquidity grab), then closes **bullish**, back above that prior low.
→ Concept: “fake breakdown down, then rebound.”

**Strict vs Flexible mode (the indicator switch)**

* ✅ **Allow close outside the previous range (ON):** more flexible.
The close can finish outside the prior candle’s range. Useful in fast, impulsive moves.
* ❌ **Allow close outside the previous range (OFF):** stricter.
The close must finish **inside** the previous candle’s range (cleaner signals, usually fewer of them).

**The key feature**

* Signals are plotted **only after the candle closes on your current timeframe**.
If you’re on M15, it confirms at the M15 close. If you’re on H1, at the H1 close.
Result: more reliable signals and less “indicator drama.”

**What it’s good for**

* Spotting potential **quick reversals** right after a sweep of highs/lows.
* Identifying areas where price often reacts due to **liquidity runs**.

**Practical note**
This isn’t a magic button—signals work best with context (trend, key levels, range/session timing, market structure). Fine-tune strict vs flexible per asset/timeframe and you’ll go from “random dots” to “useful tells.”