Project Pegasus Revenant

Project Pegasus Revenant is a reversal and liquidity-trap detection system combining a configurable fractal reversal engine with the SweepTrigger liquidity finder. It highlights potential structural turning points and stop-hunt scenarios directly on the chart.
What’s unique
Fractal Reversal Engine: Adjustable strictness (1 = loose, 5 = strict) to fit different market conditions.
Signal Filtering: Minimum bar spacing to avoid clustering of false or repeated signals.
SweepTrigger Add-on: Detects liquidity sweeps with wick-based rejection logic, auto-doji detection, and range-strength confirmation.
Dual Signal Output: Circle markers for pure fractal reversals, triangles for sweep-based liquidity traps.
Adaptive Filters: Customizable thresholds for body size, candle range, and sweep strength.
How it works (technical)
Fractals: A reversal fractal is confirmed when the high/low at position n is surrounded by lower/higher highs/lows across a configurable frontier.
Signal confirmation: Once price trades back through the fractal level within a limited number of bars, a potential reversal is triggered.
Bar filter: Signals require a minimum distance in bars to prevent noise.
SweepTrigger logic:
Wick comparison (upper vs lower) determines rejection direction.
Doji and low-body candles are auto-filtered.
Range check ensures the current candle exceeds a configurable multiple of the average range.
Visuals:
Green/Red circles = fractal reversals.
Cyan/Purple triangles = liquidity sweep triggers.
How to use
Watch fractal signals to anticipate structural reversal points.
Combine SweepTrigger signals with liquidity highs/lows for identifying stop hunts and fakeouts.
Use as standalone reversal tool or as confirmation within a broader system (e.g., order blocks, volume profile, or market structure).
Key settings
Reversal Mode: 1–5 (controls strictness of fractals).
SweepTrigger: On/off toggle, lookback window, body-size filter, range strength multiplier.
Visuals: Shapes, sizes, and color-coded signals for clear separation between fractal and sweep triggers.
Notes & limitations
Works on all timeframes.
Signals are reactive (based on confirmed bars), not predictive — no lookahead logic.
Too strict settings may reduce signal frequency; too loose may increase noise.
Disclaimer
For educational and informational purposes only. Not financial advice.
Professional Reversal Framework with Volume-Qualified Signals
Overview
Project Pegasus Revenant (Master Update) is a major upgrade of the original minimal Revenant script.
It evolves Revenant into a fully modular reversal framework with optional add-ons and professional-grade signal qualification via the Chronos Volume Gate.
You can run Revenant as a standalone reversal engine, or combine it with the optional modules below depending on your trading style and level of confirmation.
This release is focused on cleaner signals, fewer false triggers, and maximum control without cluttering the chart.
Available Modules
Revenant Core (Reversal Engine)
SweepTrigger (Displacement FVG)
Riptide (Price Band Extremes)
Pegasus Volatility Bands
VWAP σ Reversion (VWAP + StdDev Bands)
What’s New — Master Update
1) Modular System
Revenant is now a true multi-module toolkit.
Each module can be enabled or disabled independently
Menus are cleanly structured with separate sections per module
Internal state is safely reset when modules are turned off
This prevents leftover lines, markers, or visual artifacts on the chart
Modules Toggle Panel
Enable Revenant (Core)
Enable SweepTrigger (Addon)
Enable Riptide (Addon)
Enable VWAP σ Reversion (Addon)
2) Chronos Gate (Headless Volume Qualification)
A fully integrated Chronos volume engine runs in the background and can be used to qualify signals without plotting any bubbles or visual elements.
Volume thresholds are adaptive and percentile-based
Thresholds automatically adjust to symbol and market conditions
A Volume Impact selector allows filtering via
Low
Middle
Normal
High
Extreme
High-volume tiers are protected
Tiers ≥ 6 require additional Delta% strength and a cooldown period
During the US Open, volume thresholds can be increased
This helps reduce noise during high-activity periods
Per-Module Gate Control
Chronos gating can be applied independently to each module.
Revenant Core
SweepTrigger
Riptide
3) Signal Filters (Helion-Style — RSI + Memory)
(RSI logic active, Helion expansion coming soon)
An optional filtering layer improves signal quality and reduces repetition.
RSI EMA Gate restricts signals to oversold or overbought conditions
RSI EMA Memory Filter prevents repeated signals until momentum resets
Filters can be applied per module
Revenant
SweepTrigger
Riptide
Major Logic Changes & Upgrades
4) SweepTrigger — Displacement THROUGH Prior FVG
(Breaking Change)
The original SweepTrigger used a wick-based, previous-bar liquidity sweep concept.
The new SweepTrigger is a displacement engine that triggers only when price breaks through a previously detected Fair Value Gap using a three-bar detection method.
Fair Value Gaps can be detected via
iFVG using candle bodies only
Classic FVG using wicks
Either method
FVGs can optionally remain active until breached
Impulse quality is filtered using
ATR-based range thresholds
Minimum candle body percentage
Maximum wick percentage
Close position requirements
Additional optional rules include
Requiring a full cross through the FVG
Requiring a close beyond the FVG edge
Optional integration with Chronos Gate and RSI / Memory filters
5) Pegasus Volatility Bands (New Addon)
Pegasus Volatility Bands provide a dedicated volatility-based context module.
Trend-adaptive core smoothing
Volatility measured via log-return standard deviation
Multiple smoothing options including HMA
Optional band fill for visual context
6) Pegasus Riptide (New Addon)
Riptide is a band-extremes reversal module designed for mean-reversion scenarios.
Price bands based on SMA and standard deviation
Outside detection via wick or close
Optional ATR-based tolerance
Signal arming logic with bar-spacing cooldown
Optional confirmation via Pegasus Volatility Bands
Confirmation logic is independent from plotting
Full marker styling control including colors and transparency
7) VWAP σ Reversion (New Addon)
VWAP σ Reversion is a complete VWAP-based mean-reversion framework.
Session VWAP with daily reset
Standard deviation bands at
0σ
±1σ
±2σ
±3σ
Rejection can be detected via
Wick
Close
Both
Traders can select which bands to trade
Debounce logic enforces a minimum number of bars between signals
Optional Chronos Gate and RSI / Memory filters can be applied
Improvements vs. the Old Minimal Version
Revenant Core Enhancements
Reversal Mode scale expanded from 1–5 to 1–10
More granular strictness control
Improved object handling
Maximum stored level control
Automatic trimming of old levels
Safe cleanup when the module is disabled
Cleaner visuals with separate visual toggles
Menu & Usability
The old version used mixed, all-in-one inputs
The Master Update uses clean module groups
Chronos Gate is centralized
Signal Filters are centralized
Migration Notes (Important)
1) SweepTrigger behavior has changed
The minimal version used wick-based previous-bar sweep logic
The Master Update uses displacement through prior Fair Value Gaps
Expect different and often fewer signals
2) Reduced signal frequency is intentional
Signals may appear less frequently when
Chronos Gate is enabled
RSI or Memory filters are enabled
This behavior is intentional.
Quality > Quantity
3) All add-ons are optional
Revenant can still be used as a minimal reversal tool by disabling add-ons and gates
Alerts
Separate alerts are available for
Revenant Long
Revenant Short
SweepTrigger Long
SweepTrigger Short
Riptide Long
Riptide Short
VWAP σ Reversion Long
VWAP σ Reversion Short
Skrip jemputan sahaja
Hanya pengguna disahkan oleh penulis boleh mengakses skrip ini. Anda perlu memohon dan mendapatkan kebenaran untuk menggunakannya. Keizinan selalunya diberikan selepas pembayaran. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi Project_Pegasus secara terus.
TradingView TIDAK menyarankan pembayaran atau penggunaan skrip kecuali anda mempercayai sepenuhnya penulis dan memahami bagaimana ia berfungsi. Anda juga boleh menjumpai alternatif sumber terbuka dan percuma yang lain di dalam skrip komuniti kami.
Arahan penulis
Penafian
Skrip jemputan sahaja
Hanya pengguna disahkan oleh penulis boleh mengakses skrip ini. Anda perlu memohon dan mendapatkan kebenaran untuk menggunakannya. Keizinan selalunya diberikan selepas pembayaran. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi Project_Pegasus secara terus.
TradingView TIDAK menyarankan pembayaran atau penggunaan skrip kecuali anda mempercayai sepenuhnya penulis dan memahami bagaimana ia berfungsi. Anda juga boleh menjumpai alternatif sumber terbuka dan percuma yang lain di dalam skrip komuniti kami.