Wyckoff Schematic - Accumulation [TrendX_]

Wyckoff Schematic 1 - Accumulation [TrendX_] is an advanced Wyckoff method tool on TradingView, designed to automate the identification of critical phases and price structures within the Wyckoff Accumulation Schematic. By detecting key events such as SC (Selling Climax), AR (Automatic Rally), Spring, and SOS (Sign of Strength), this tool helps traders visualize institutional accumulation patterns, anticipate trend reversals, and identify potential entry points aligned with the Wyckoff model—all without requiring hours of manual monitoring. The indicator dynamically labels key points, draws accumulation zones, and triggers alerts upon phase confirmations, reducing manual analysis and emotional bias.



💎 FEATURES

▶ Phase A: Bottom Identification

• Auto-detects Selling Climax (SC), Automatic Rally (AR), and Secondary Test (ST).
  
• Customizable initial trend detection: FTD (Follow-Through Day), Market Structure Shift, Triple MA Crossover, or Ichimoku Cloud.
  

▶ Phase B: Accumulation Range Formation

• Identifies SOS(b) and ST(b) in Phase B
  
• Customizable sweep levels for ST detection: previous SC / ST(a) / Fibonacci retracement levels of AR & SC.
  

▶ Phase C: Accumulation Confirmation

• Flags Spring (false breakdown) and Test (confirmation of false breakdown).
  

▶ Phase D: Breakout Preparation

• Detects SOS and BU/LPS for breakout confirmation.
  

▶ Visual Tools

• Auto-draws accumulation range SC, AR, SOS(b) with real-time extensions.
  
• Labels all critical events (SC, AR, ST, SOS, Spring, LPS) with text and markers.
  
• Draws colored boxes for confirmed phases A, B and C, and triggers alerts for start of Markup with SOS and BU/LPS.
  

🔎 BREAKOUT

Phase A: Halting the Downtrend
▶ Key Events: SC, AR, ST(a).
▶ Functions:

• SC: Marks panic selling, often with high volume.
  
• AR: Sharp rebound after SC, reflecting short-term demand.
  
• ST(a): Retest of SC lows to confirm weakening supply.
  

▶ Importance:

• Phase A signals the end of a downtrend. The SC shows exhaustion, while the AR and ST confirm that sellers are losing control. Customizable trend detection (e.g., Ichimoku Cloud or FTD) ensures alignment with broader market context or your preference.
  

• Phase B: Building the Accumulation Range
  

▶ Key events: SOS (Pha B), ST (Pha B).
▶ Functions:

• SOS(b): A rally breaking above the AR, indicating strong demand.
  
• ST(b): Retests of SC / ST(a) / Fib level to sweep liquidity (trap late sellers).
  

▶ Importance:

• Phase B confirms the sideways range. SOS reflects institutional buying, while ST(b) traps sellers. Sweeping SC / ST(a) / Fib level would help identify false breakdowns.
  

Phase C: Spring & Test
▶ Key events: Spring (false breakdown), Test (confirmation).
▶ Functions:

• Spring: A deliberate drop below Phase B support to eliminate weak traders.
  
• Test: Retest of the Spring low to confirm sustained demand.
  

▶ Importance:

• Phase C is the final "shakeout" to confirm accumulation. The Spring traps weak hands, while the Test validates support, confirming the institution has bought enough, signaling readiness for Markup.
  

Phase D: Breakout / Start of Markup
▶ Key events: SOS, BU/LPS.
▶ Functions:

• SOS: A strong rally breaking above the accumulation range.
  
• BU/LPS: Pullback after SOS to retest the breakout level.
  

▶ Importance:

• Phase D confirms the start of a Markup. SOS shows demand overpowering supply, while BU/LPS offers low-risk entry points.
  

Accumulation Range & Visual Tools
▶ Accumulation Range: Drawn between SC (low) and AR (high), reflecting institutional buying activity.
▶ Labels/Boxes: Clear labels (SC, AR, ST, SOS, Spring, …) track each phase.
▶ Alerts: Notifies users when SOS or BU/LPS appears.



🛠️ USAGE

▶ Configuration

• Phase A: Select trend detection method based on your preference and trading style (FTD, Market Structure, Triple MA, Mây Ichimoku).
  
• Phase B: Adjust sweep levels (SC, ST(a), Fibonacci 61.8% của AR & SC).
  

▶ Interpretation

• Bullish Trend: Confirmed Phase C (Spring + Test) followed by SOS in Phase D.
  

▶ Trading Strategy

• Enter long positions at BU/LPS (Phase D) with volume or momentum confirmation.
  
• Uses other Break-out strategy after SOS appear for Long Entry.
  

DISCLAIMER

This indicator is not financial advice, it can only help traders make better decisions. There are many factors and uncertainties that can affect the outcome of any endeavor, and no one can guarantee or predict with certainty what will occur. Therefore, one should always exercise caution and judgment when making decisions based on past performance.