OPEN-SOURCE SCRIPT

High-and-Tight Impulse + Micro Consolidation

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This indicator detects a specific bullish continuation setup on daily charts:
- An impulse move (X% rise within N bars, mostly green candles)
- Immediately followed by a tight consolidation (small ranges, small bodies)
- Closes holding in the top zone of the impulse

On the chart, signals are plotted as orange dots above bars.
Labels show the last detected setup date, and a counter displays total matches in history.
Useful for backtesting "high-and-tight flag" type momentum patterns or any symbol.

Adjust inputs (impulse % threshold, bars, ATR ratios, top zone %) to make it stricter or looser.
Alerts are included when a new setup is detected.

This tool is not financial advice. For educational and research purposes only.

by fiyatherseydir

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.