PROTECTED SOURCE SCRIPT
Quasimodo (QML/QM) FTB [Malibu]
QML-FTB detects Quasimodo (QM/QML) reversal structures using swing points and marks the Quasimodo Level (QML) as a reaction zone. The indicator triggers only on the First Time Back (FTB) retest of the QML.
Key rules
Swing-based Quasimodo structure detection (ZigZag-style logic).
A setup is armed after the structure completes and triggers on the first retest (FTB).
Wick-only head filter: if the “head” breaks the shoulder only by wick (no candle body break), the setup is ignored.
Inputs
ZigZag Length (swing sensitivity)
QML Touch Tolerance (%) (zone width around QML)
Head must break Shoulder with BODY (filters wick-only patterns)
Disclaimer
For analysis/educational purposes only. Not financial advice. Always backtest and use risk management.
Key rules
Swing-based Quasimodo structure detection (ZigZag-style logic).
A setup is armed after the structure completes and triggers on the first retest (FTB).
Wick-only head filter: if the “head” breaks the shoulder only by wick (no candle body break), the setup is ignored.
Inputs
ZigZag Length (swing sensitivity)
QML Touch Tolerance (%) (zone width around QML)
Head must break Shoulder with BODY (filters wick-only patterns)
Disclaimer
For analysis/educational purposes only. Not financial advice. Always backtest and use risk management.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.