OPEN-SOURCE SCRIPT
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Isolates and Accumulates the "True" components of each candle:
-True Upper Wick (buying pressure beyond the body)
-True Body (conviction from open to close)
-True Lower Wick (selling pressure beyond the body).
By measuring each non-overlapping extension (true wicks) and the directional body separately, the indicator reveals building Pressure (wick accumulation) versus actual Conviction (body momentum) over a user-defined sum of bars.
Three cumulative lines track these Raw forces, while three Smoothing agents highlight sustained momentum and trend strength.
Dual Background Flashes highlight Historical extremes measured as Percentile given the Lookback period. Source any Component / Smoother line from Zero % Line, or Wick-to-Wick / Smoother-to-Smoother Spread – flagging unusually wide/tight conviction gaps or pressure imbalances.
The result is a clean, pressure-focused oscillator that separates noise from genuine directional force, helping traders spot Accumulation, Exhaustion, or Hidden Strength before price confirms it.
Isolates and Accumulates the "True" components of each candle:
-True Upper Wick (buying pressure beyond the body)
-True Body (conviction from open to close)
-True Lower Wick (selling pressure beyond the body).
By measuring each non-overlapping extension (true wicks) and the directional body separately, the indicator reveals building Pressure (wick accumulation) versus actual Conviction (body momentum) over a user-defined sum of bars.
Three cumulative lines track these Raw forces, while three Smoothing agents highlight sustained momentum and trend strength.
Dual Background Flashes highlight Historical extremes measured as Percentile given the Lookback period. Source any Component / Smoother line from Zero % Line, or Wick-to-Wick / Smoother-to-Smoother Spread – flagging unusually wide/tight conviction gaps or pressure imbalances.
The result is a clean, pressure-focused oscillator that separates noise from genuine directional force, helping traders spot Accumulation, Exhaustion, or Hidden Strength before price confirms it.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Contact via DM here or on X to inquire about invite-only access to the growing suite of Crystal Ball Tech scripts. Free Trial | Lifetime access.
Crystal Ball Tech Discord server to join the discussion: discord.gg/B2HsGY5KrQ
Crystal Ball Tech Discord server to join the discussion: discord.gg/B2HsGY5KrQ
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 sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Contact via DM here or on X to inquire about invite-only access to the growing suite of Crystal Ball Tech scripts. Free Trial | Lifetime access.
Crystal Ball Tech Discord server to join the discussion: discord.gg/B2HsGY5KrQ
Crystal Ball Tech Discord server to join the discussion: discord.gg/B2HsGY5KrQ
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.