Live 20 Checklist

This indicator, called "Live 20 Checklist", is a comprehensive TradingView tool that consolidates multiple technical analysis metrics into one dynamic display. It’s designed to help traders quickly assess market conditions by providing a real-time checklist of key indicators.

Key Features:

Moving Averages & Reversion Signals:
It calculates a primary moving average (with a customizable length and type, either SMA or EMA) and measures the percentage difference between the current price and this average. By comparing this difference over a lookback period, the script generates bullish or bearish reversion signals when the price deviates significantly from the average.

Trend Analysis:
The indicator uses linear regression over user-defined short-term and long-term periods to determine the overall price trend direction. This helps in identifying whether the market is in a bullish or bearish phase over different timeframes.

CCI (Commodity Channel Index):
It computes the CCI to gauge momentum and potential overbought/oversold conditions, with color-coded outputs reflecting the strength of the current momentum.

Volume Metrics:
Volume trends are analyzed by comparing current volume to both short-term and long-term moving averages. It also estimates the full-day volume based on the elapsed time in the trading session and compares it to the previous day’s volume, presenting this as a relative volume (RVOL) multiple.

Gap Detection:
The script scans historical bars to detect bullish and bearish gaps, drawing lines on the chart to visually highlight these gaps. It further identifies the “closest gap” relative to the current price.

Candlestick Pattern Recognition:
A variety of candlestick patterns (such as bullish/bearish engulfing, doji, hammers, marubozu, and more) are detected, with the current pattern highlighted in the table and background color adjusted accordingly.

Dynamic Table Display:
All these metrics are neatly organized in a customizable table on the chart. Traders can choose which rows to display (moving average info, trends, CCI, volume trends, gap details, candlestick patterns, ATR, RVOL, and open-close difference) and adjust the table’s position, text size, and color theme.

Additional Visual Tools:
Besides the main moving average, an extra moving average can be plotted for additional perspective. Pivot high/low labels are also available to mark key price levels, with colors that adjust based on the selected theme.

Overall, the Live 20 Checklist is a robust indicator that merges several analytical tools into one visual dashboard, enabling traders to quickly evaluate market conditions and make informed decisions.