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📊 Power Struggle [GOODY] – Gauge the Battle Between Bulls & Bears
"Power Struggle [GOODY]" is an advanced, multi-layered market strength and momentum analysis tool. It combines the classic Elder Impulse System and Elder-Ray Power Columns with modern enhancements like visual gauges, momentum shift alerts, and volume-based divergence detection — all in one clean and intuitive interface.
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🧠 What This Indicator Shows You:
✅ Bull vs Bear Power Columns
• Visualize who’s in control with clean columns showing Bull and Bear dominance.
• Fully integrated with EMA-based Impulse logic to detect trend conviction.
✅ Buy/Sell Signal Labels & Alerts
• Trend-following signals based on dynamic power thresholds.
• Green = Bull Confirmed | Red = Bear Confirmed
• Alerts included for all signal and divergence conditions.
✅ Dynamic Volume Gauge (Horizontal or Vertical)
• A powerful gauge showing real-time buyer/seller strength.
• Includes divergence detection when volume and price disagree, often a warning sign.
• 🔄 Fully customizable layout, position, flip, rotation, and gradient styling.
✅ Active Column Gauge
• Tracks real-time momentum shifts within each candle.
• Highlights power shifts with emoji markers (🐂/🐻), and calculates where price closes within each candle's range.
✅ Volume-in-Candle Labels (Optional)
• See raw Buy vs Sell volume numbers inside the candles.
• Easily spot if price moves are supported by actual volume.
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⚙️ Customizable Settings
• 🎚️ Set thresholds for signal strictness
• 🔔 Use built-in alerts for:
o Bullish/Bearish Impulse
o Bull/Bear Power Thresholds
o Bullish/Bearish Divergences
o Momentum Shifts
"Power Struggle [GOODY]" is an advanced, multi-layered market strength and momentum analysis tool. It combines the classic Elder Impulse System and Elder-Ray Power Columns with modern enhancements like visual gauges, momentum shift alerts, and volume-based divergence detection — all in one clean and intuitive interface.
________________________________________
🧠 What This Indicator Shows You:
✅ Bull vs Bear Power Columns
• Visualize who’s in control with clean columns showing Bull and Bear dominance.
• Fully integrated with EMA-based Impulse logic to detect trend conviction.
✅ Buy/Sell Signal Labels & Alerts
• Trend-following signals based on dynamic power thresholds.
• Green = Bull Confirmed | Red = Bear Confirmed
• Alerts included for all signal and divergence conditions.
✅ Dynamic Volume Gauge (Horizontal or Vertical)
• A powerful gauge showing real-time buyer/seller strength.
• Includes divergence detection when volume and price disagree, often a warning sign.
• 🔄 Fully customizable layout, position, flip, rotation, and gradient styling.
✅ Active Column Gauge
• Tracks real-time momentum shifts within each candle.
• Highlights power shifts with emoji markers (🐂/🐻), and calculates where price closes within each candle's range.
✅ Volume-in-Candle Labels (Optional)
• See raw Buy vs Sell volume numbers inside the candles.
• Easily spot if price moves are supported by actual volume.
________________________________________
⚙️ Customizable Settings
• 🎚️ Set thresholds for signal strictness
• 🔔 Use built-in alerts for:
o Bullish/Bearish Impulse
o Bull/Bear Power Thresholds
o Bullish/Bearish Divergences
o Momentum Shifts
Nota Keluaran
✅ Major Upgrade: Dual-Gauge System + Smart ControlThe indicator now supports two different gauges that measure two different things, with a new Active Gauge selector:
• Volume Gauge = estimates buyer vs seller volume pressure
• Column Control Gauge (CLV) = measures who controlled the candle close (Close-in-Range)
You can now display Volume Gauge, Column Gauge, Both, or Off from one menu — and both gauges can be shown at the same time.
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✅ New “Active Column Dot” (Last Bar Intelligence)
A brand-new Active Column Dot appears on the current / last bar, with a full trader-focused tooltip that combines:
• Volume Buy% vs Sell%
• Candle Control % (buyer/seller control)
• Gauge Alignment vs Divergence status
• Divergence Gap % explanation
• Bias output (Bull Alignment / Bear Alignment / Mixed)
• “Expect next” guidance + how to trade the info
This turns the last bar into a quick decision checkpoint instead of just raw visuals.
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✅ Divergence Redefined (Cleaner + Measurable)
Divergence is now explicitly defined as:
Gauge Gap = |Volume Buy% − Candle Control%|
Meaning:
• Low gap = gauges agree → cleaner continuation odds
• High gap = gauges disagree → absorption / trap risk increases
Tooltips now explain what the Divergence Gap means and what traders should expect next.
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✅ Performance + Stability Enhancements
• Added Performance Mode (Draw Only On Last Bar) to reduce lag on low timeframes
• Major gauge rendering improvements using dual tables (overlay + pane) so gauges don’t vanish or “ghost” when switching chart/pane mode
• Better table clearing logic to prevent old gauge artifacts
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✅ Signals Improved for Real Trading Use
• Added Confirm on Close option for non-repainting confirmation control
• Added Debounce + Grace Period cooldown system to prevent signal spam in chop
• Added Exit Hint (X) system with 2 modes:
o Fade + Impulse Flip
o Fade + Zero Cross
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✅ Visual & Trend Enhancements
• New Net Power Trendline (Dominance Only) to highlight strong conditions only
• Better dominance logic including “balanced” suppression to reduce false dominance coloring
• Improved candle coloring priority rules (Impulse vs Dominance)
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.