OPEN-SOURCE SCRIPT
TS vs Previous Candle (TSC/TSD)
This indicator detects **Turtle Soup (TS) reversal triggers** using a strict **previous-candle reference** and prints signals **only on bar close** (non-repainting intrabar).
* **TS Bull:** the current bar **sweeps below the prior low** (liquidity grab) and then **closes back above the prior low**.
* **TS Bear:** the current bar **sweeps above the prior high** and then **closes back below the prior high**.
An optional strict mode can require the close to remain **inside the previous candle’s range** for cleaner mean-reversion structure.
Each signal is further classified as:
* **TSC (Clean):** candle body aligns with the TS direction (bull body for TS Bull, bear body for TS Bear).
* **TSD (Dirty):** candle body contradicts the TS direction (or doji), highlighting weaker/less “clean” reversals.
Use it to map **liquidity sweeps + reversal closes** and to separate higher-quality TS setups (TSC) from more ambiguous ones (TSD) for further filtering (trend, levels, sessions, risk rules).
* **TS Bull:** the current bar **sweeps below the prior low** (liquidity grab) and then **closes back above the prior low**.
* **TS Bear:** the current bar **sweeps above the prior high** and then **closes back below the prior high**.
An optional strict mode can require the close to remain **inside the previous candle’s range** for cleaner mean-reversion structure.
Each signal is further classified as:
* **TSC (Clean):** candle body aligns with the TS direction (bull body for TS Bull, bear body for TS Bear).
* **TSD (Dirty):** candle body contradicts the TS direction (or doji), highlighting weaker/less “clean” reversals.
Use it to map **liquidity sweeps + reversal closes** and to separate higher-quality TS setups (TSC) from more ambiguous ones (TSD) for further filtering (trend, levels, sessions, risk rules).
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.