INVITE-ONLY SCRIPT

First Light Beacon - ETH

49
First Light Beacon -ETH — (Patent Pending)

The FLB indicator is a patent-pending institutional-grade zone engine designed to simplify complex market structure into clear, actionable visuals. This version is for electronic trading hours.

It automatically generates dynamic zones, trend bias, liquidity pulses, and contextual signals without exposing the proprietary First Light Beacon framework that powers the logic beneath the surface.

This tool is built for traders who want a structured, rules-based environment without clutter, and who value fast, reliable visual cues for decision-making.

What the Indicator Does
Dynamic FLB Zones

Generates time-based or session-based zones that adapt to market structure.

Visualizes the active range with Buy Line, Sell Line, and Mid Line options.

Optional dynamic zone fill paints the entire active zone using smooth gradients for instant clarity.

Prior zones are carried forward as End Caps, highlighting historically reactive areas.

Trend & Context Layers

The Beacon Line provides a smoothed, directional trend signal that flips green/red with real-time alerts.

Multiple candle coloring modes help interpret momentum, contraction, expansion, and trend shifts at a glance.

Volume Dots (Bookmap-Style Liquidity Signals)

Plots volume-weighted “liquidity dots” directly on the candles.

Dot size and color intensity scale with how unusual the volume is compared to recent data.

Helps identify absorption, exhaustion, liquidity grabs, and key turning points.

Optional Tools

Doji-based Higher Time Frame Zones

Squeeze Zone Bands

Contraction/Expansion Pattern Detection

Optional Buy/Sell FLB Signals (purely visual—NOT a TradingView strategy)

SETTINGS BREAKDOWN (User Guide)

Below is a simple, non-proprietary explanation of each settings group in the menu.

1. First Light Beacon Zones

The core of the indicator.
You choose how and when the zones regenerate, and what visual components you want displayed.

Sensitivity
Adjusts how tight or expansive the zone boundaries appear.
Lower = tighter, Higher = wider.

Trade Mode

Session: Uses predefined sessions (New York, London, Asia, etc.)

Time Based: Regenerates zones on any timeframe (15s, 1m, 5m, 1D, 1W, etc.)

Named Session Zones
Select which session you want to track when Trade Mode = Session.

Time-Based Zone Interval
Sets the interval that triggers zone resets when Trade Mode = Time Based.

Alert for New Zone
Sends an alert when a new time-based zone forms.

Interval Labels
Shows a label whenever a new zone begins.

Previous Zone Labels
Shows where prior zones started (useful for backtesting).

Buy Line / Sell Line / Mid Line
Toggles each line individually.

Dynamic Zone Fill
Shades the entire zone using gradient bands.

End Caps
Projects old zone boundaries forward to show where price may react in the future.

Rejection Mode

Stateful: Multi-bar logic for deeper confirmation

Close-Outside: One-bar wick/close behavior

2. Status Table

Displays the current zone or session in the chart corner of your choice.

Choose the corner (Top Right, Top Left, etc.)

Choose text size (Small/Normal)

3. Candle Color

Multiple candle-color presets compatible with the FLB ecosystem.

Option 1: Momentum ranges

Option 2: Trend-based smoothing

Option 3: Volatility/contraction logic

Users may customize colors for each mode.

4. Utility Tools

Optional supporting visuals.

Vertical Line at 30% of Zone
Marks early zone timing.

Doji Zones
Creates HTF support/resistance bands based on Doji structures.

Doji Time Frame
Select which timeframe the Doji zones come from.

Squeeze Zone
Short-term compression bands (EMA-based).

5. Beacon Line

Trend guide that flips color on directional bias change.
Alerts fire automatically when the Beacon flips.

6. Super Smoother

A clean smoothing line to help frame bias.

7. Contraction & Expansion

Identifies micro- and macro-patterns of tightening vs. expanding volatility.

Show minor/major patterns

Show breakout regions

Display liquidity lines

8. Volume Dots (Liquidity)

Bookmap-style volume intensity visualization.

Lookback and StDev settings

Dot colors and sizes

Option to show only extreme volume events

Optional text labels for extremes

9. FLB Signals

On/off Buy & Sell tags based on adaptive trailing logic combined with volume behavior.
Visual aid only—not for automation or backtesting.

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.