PROTECTED SOURCE SCRIPT
AstroTrading_Likidasyon Barları[BugraComez]
📈 AstroTrading Liquidation Bars
Identify High-Volume Candles with Long Wicks for Potential Market Reversals
Author: Bugra Comez | Version: 1.0 | Category: Volume Analysis
🔍 Indicator Overview
This indicator detects liquidation bars – candles with abnormally high volume and elongated wicks – which often signal panic buying/selling, stop hunts, or trend exhaustion. It highlights these bars with a red background and an explosion emoji (💥) above them, enabling traders to spot potential reversals or liquidity zones.
⚙️ Parameters
Customize the sensitivity of the signals using these inputs:
Volume Threshold (threshold):
Description: Multiplier applied to the 233-period volume moving average. A value of 2 means the current volume must be twice the average to trigger a signal.
Usage: Higher values reduce false signals but may miss weaker liquidity events.
Wick Ratio (wick_ratio):
Description: Minimum ratio of wick length to body size. For example, 0.5 means the wick (upper or lower) must be at least 50% of the candle’s body to qualify.
Usage: Lower values detect more candles but increase noise.
📊 How It Works
Algorithm Steps:
Volume Analysis:
Calculates the 233-period SMA (Simple Moving Average) of volume.
Flags a candle as "high volume" if current volume > SMA(233) * threshold.
Wick Analysis:
Measures the upper wick (high - max(open, close)) and lower wick (min(open, close) - low).
Compares the larger wick to the candle’s body (abs(open - close)).
Triggers a signal if either wick exceeds body size * wick_ratio.
Signal Confirmation:
A liquidation bar is confirmed only if BOTH high volume and long wick conditions are met.
🧠 Interpretation & Trading Logic
Red Bars: Indicate liquidation zones where aggressive buying/selling occurred, often trapping retail traders.
Contextual Use:
Trend Reversals: Liquidation bars near support/resistance may signal exhaustion.
Stop Hunts: Common in ranging markets where liquidity is clustered around key levels.
Breakout/False Breakouts: High-volume wicks can mark failed breakouts or accumulation/distribution.
🛠️ Use Cases
Day Trading:
Combine with price action (e.g., engulfing patterns) to scalp reversals.
Swing Trading:
Identify liquidation zones as potential entry points for counter-trend trades.
Risk Management:
Place stop-losses beyond the wick extremes to avoid being stopped out prematurely.
⚠️ Critical Warnings
Not a Standalone Strategy: Always confirm with additional indicators (e.g., RSI, MACD, or market structure).
False Signals: High volatility or news events may trigger unreliable signals.
Backtest: Test historical performance on multiple assets and timeframes.
Risk Disclosure: "Past performance ≠ future results. Trade at your own risk."
🌟 Key Features
Multi-Market Compatibility: Works on stocks, forex, crypto, and futures.
Real-Time Alerts: Compatible with TradingView’s alert system for live notifications.
Customizable Aesthetics: Adjust colors, transparency, and emoji symbols via the script settings.
Open Source: Full Pine Script v5 code is transparent and modifiable.
📜 Code Documentation
Logic: Based on volume anomaly detection and candlestick anatomy.
Open Source: Code is unencrypted – users can verify or modify the logic.
Repository: GitHub Link (replace with your repo link).
Feedback: Report bugs or suggestions via TradingView comments or Email.
📸 Example Charts
(Attach 2-3 annotated screenshots when publishing on TradingView)
Example 1: Liquidation bars at a key resistance level in BTC/USDT (15m chart).
Example 2: False breakout marked by a liquidation bar in EUR/USD (1h chart).
🔗 Additional Resources
Video Tutorial: YouTube Link (optional).
Telegram Group: Join for real-time signals here.
Social Media: Follow updates on Twitter or LinkedIn.
✅ Compliance Notes
TradingView Guidelines:
Open-source code ✔️
No misleading claims ✔️
No financial advice ✔️
Licensing: Free for public use. Commercial redistribution requires permission.
Publish Checklist:
Add screenshots to the "Visuals" section.
Replace placeholder links (GitHub, social media).
Set script visibility to "Public".
Review TradingView’s Script Publishing Rules.
Let me know if you need further refinements! 🚀
Identify High-Volume Candles with Long Wicks for Potential Market Reversals
Author: Bugra Comez | Version: 1.0 | Category: Volume Analysis
🔍 Indicator Overview
This indicator detects liquidation bars – candles with abnormally high volume and elongated wicks – which often signal panic buying/selling, stop hunts, or trend exhaustion. It highlights these bars with a red background and an explosion emoji (💥) above them, enabling traders to spot potential reversals or liquidity zones.
⚙️ Parameters
Customize the sensitivity of the signals using these inputs:
Volume Threshold (threshold):
Description: Multiplier applied to the 233-period volume moving average. A value of 2 means the current volume must be twice the average to trigger a signal.
Usage: Higher values reduce false signals but may miss weaker liquidity events.
Wick Ratio (wick_ratio):
Description: Minimum ratio of wick length to body size. For example, 0.5 means the wick (upper or lower) must be at least 50% of the candle’s body to qualify.
Usage: Lower values detect more candles but increase noise.
📊 How It Works
Algorithm Steps:
Volume Analysis:
Calculates the 233-period SMA (Simple Moving Average) of volume.
Flags a candle as "high volume" if current volume > SMA(233) * threshold.
Wick Analysis:
Measures the upper wick (high - max(open, close)) and lower wick (min(open, close) - low).
Compares the larger wick to the candle’s body (abs(open - close)).
Triggers a signal if either wick exceeds body size * wick_ratio.
Signal Confirmation:
A liquidation bar is confirmed only if BOTH high volume and long wick conditions are met.
🧠 Interpretation & Trading Logic
Red Bars: Indicate liquidation zones where aggressive buying/selling occurred, often trapping retail traders.
Contextual Use:
Trend Reversals: Liquidation bars near support/resistance may signal exhaustion.
Stop Hunts: Common in ranging markets where liquidity is clustered around key levels.
Breakout/False Breakouts: High-volume wicks can mark failed breakouts or accumulation/distribution.
🛠️ Use Cases
Day Trading:
Combine with price action (e.g., engulfing patterns) to scalp reversals.
Swing Trading:
Identify liquidation zones as potential entry points for counter-trend trades.
Risk Management:
Place stop-losses beyond the wick extremes to avoid being stopped out prematurely.
⚠️ Critical Warnings
Not a Standalone Strategy: Always confirm with additional indicators (e.g., RSI, MACD, or market structure).
False Signals: High volatility or news events may trigger unreliable signals.
Backtest: Test historical performance on multiple assets and timeframes.
Risk Disclosure: "Past performance ≠ future results. Trade at your own risk."
🌟 Key Features
Multi-Market Compatibility: Works on stocks, forex, crypto, and futures.
Real-Time Alerts: Compatible with TradingView’s alert system for live notifications.
Customizable Aesthetics: Adjust colors, transparency, and emoji symbols via the script settings.
Open Source: Full Pine Script v5 code is transparent and modifiable.
📜 Code Documentation
Logic: Based on volume anomaly detection and candlestick anatomy.
Open Source: Code is unencrypted – users can verify or modify the logic.
Repository: GitHub Link (replace with your repo link).
Feedback: Report bugs or suggestions via TradingView comments or Email.
📸 Example Charts
(Attach 2-3 annotated screenshots when publishing on TradingView)
Example 1: Liquidation bars at a key resistance level in BTC/USDT (15m chart).
Example 2: False breakout marked by a liquidation bar in EUR/USD (1h chart).
🔗 Additional Resources
Video Tutorial: YouTube Link (optional).
Telegram Group: Join for real-time signals here.
Social Media: Follow updates on Twitter or LinkedIn.
✅ Compliance Notes
TradingView Guidelines:
Open-source code ✔️
No misleading claims ✔️
No financial advice ✔️
Licensing: Free for public use. Commercial redistribution requires permission.
Publish Checklist:
Add screenshots to the "Visuals" section.
Replace placeholder links (GitHub, social media).
Set script visibility to "Public".
Review TradingView’s Script Publishing Rules.
Let me know if you need further refinements! 🚀
Skrypt chroniony
Ten skrypt został opublikowany jako zamknięty kod źródłowy. Możesz jednak używać go swobodnie i bez żadnych ograniczeń – więcej informacji tutaj.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
Skrypt chroniony
Ten skrypt został opublikowany jako zamknięty kod źródłowy. Możesz jednak używać go swobodnie i bez żadnych ograniczeń – więcej informacji tutaj.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.