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Candlestick analysis

Weekend Trap# Weekend Trap Indicator - Advanced Low-Liquidity Range Analysis ## ORIGINALITY & UNIQUE VALUE PROPOSITION This indicator introduces a **novel approach** to weekend market analysis by combining three distinct methodologies into a single, cohesive system: 1. **Timezone-Specific Range Detection**: Unlike generic weekend indicators, this script uses Australia/Perth timezone (GMT+8) for precise weekend period identification (Saturday 5:00 AM to Monday 5:00 AM), specifically designed for Asia-Pacific trading sessions. 2. **Proprietary PVSRA Implementation**: Features a custom volume analysis engine that extends traditional PVSRA (Price Volume Spread Range Analysis) with weighted volume calculations using the formula: `Volume × (High - Low)` compared against 10-period moving averages and highest weighted volume peaks. 3. **Dynamic Range Cutoff System**: Introduces configurable range update cutoffs (default: Sunday 3:00 PM Perth time) to account for varying institutional re-entry patterns across different markets. **What Makes This Different**: Existing weekend indicators either focus on simple range detection OR volume analysis. This script uniquely combines both with timezone precision and institutional behavior modeling, creating a comprehensive low-liquidity period analysis tool not available in other publications. --- ## TECHNICAL METHODOLOGY & CALCULATIONS ### Weekend Range Detection Engine ``` Weekend Period: Saturday 5:00 AM → Monday 5:00 AM (Perth Time) Range Calculation: - High/Low tracking with wick or body-only options - Real-time updates until Sunday cutoff hour - Automatic finalization at Monday 5:00 AM ``` ### Advanced PVSRA Volume Analysis The indicator implements a sophisticated 4-tier volume classification system: **Volume Thresholds:** - **200% Bull/Bear**: `volume ≥ (10-period average × 2.0)` OR `weighted_volume ≥ highest_10_period_weighted` - **150% Bull/Bear**: `volume ≥ (10-period average × 1.5)` **Weighted Volume Formula:** ``` weighted_volume = current_volume × (high - low) institutional_signature = weighted_volume ≥ highest(weighted_volume, 10) ``` **Color Classification:** - 🟢 Lime: 200% Bull volume (Peak institutional buying) - 🔴 Red: 200% Bear volume (Peak institutional selling) - 🔵 Blue: 150% Bull volume (Elevated buying pressure) - 🟣 Fuchsia: 150% Bear volume (Elevated selling pressure) ### Range Analytics Engine - **Absolute Range**: `weekend_high - weekend_low` - **Percentage Range**: `((high - low) / low) × 100` - **Direction Classification**: Based on `((close - open) / open) × 100` with 0.1% threshold - **50% Midline**: `(weekend_high + weekend_low) / 2` with dynamic updating --- ## INSTITUTIONAL BEHAVIOR MODELING ### Why Weekend Analysis Matters During weekend periods, institutional trading volume drops by 80-90%, creating: - **Thin liquidity conditions** where retail sentiment dominates - **Range-bound behavior** as major institutions are absent - **Volume spikes** when institutions DO trade (our detection target) ### Market Maker Detection Logic The indicator identifies institutional activity through: 1. **Volume Anomaly Detection**: Spikes above statistical norms during low-liquidity periods 2. **Price Impact Analysis**: High volume relative to price movement (manipulation signature) 3. **Timing Analysis**: Activity during traditionally quiet periods indicates institutional involvement --- ## COMPREHENSIVE USAGE GUIDE ### Setup Instructions 1. **Timeframe**: Recommended 1H-4H (works on all timeframes) 2. **Markets**: Best on liquid instruments (major FX pairs, crypto, indices) 3. **Lookback Period**: Set 4-52 weeks based on analysis needs 4. **Timezone**: Automatically uses Perth time - no adjustment needed ### Interpretation Framework **Range Analysis:** - **Tight Ranges** (<0.5%): Expect Monday breakout potential - **Wide Ranges** (>2.0%): Indicates weekend volatility/news impact - **50% Line**: Key support/resistance for Monday open **Volume Signals:** - **200% Markers**: Major institutional activity - expect follow-through - **150% Markers**: Moderate institutional interest - monitor for continuation - **Clustering**: Multiple markers suggest sustained institutional involvement - **Absence**: Pure retail weekend - ranges likely to hold **Pattern Recognition:** - **Expanding Ranges**: Increasing weekend volatility (trend change signal) - **Contracting Ranges**: Decreasing volatility (consolidation/breakout setup) - **Direction Bias**: Weekend direction often reverses on Monday open ### Trading Applications 1. **Gap Trading**: Weekend ranges help predict Monday gap fills 2. **Breakout Trading**: Range boundaries become key levels for Monday 3. **Institutional Following**: 200% volume signals indicate smart money direction 4. **Risk Management**: Range size helps determine appropriate position sizing --- ## ALERT SYSTEM & AUTOMATION **Built-in Alerts:** - Weekend Trap Start: Automated detection of Saturday 5:00 AM Perth - Weekend Trap End: Monday 5:00 AM Perth confirmation - Market Maker Activity: Real-time 150%+ volume detection **Real-time Features:** - Live weekend range updates with current direction - Dynamic 50% line adjustment - Progressive range statistics display ### Real-Time Weekend Tracking in Action --- ## PERFORMANCE & OPTIMIZATION ### Object Management System - **Dynamic Limits**: Automatic cleanup based on selected lookback period - **Memory Efficiency**: Objects created only within backtest range - **Performance Scaling**: Handles 1-52 week analysis without lag ### Visual Optimization - **Clean Display**: Configurable elements prevent chart clutter - **Color Coding**: Intuitive PVSRA color scheme for quick recognition - **Scalable Markers**: Adjustable sizes for different screen resolutions --- ## EDUCATIONAL VALUE & MARKET CONCEPTS This indicator teaches traders about: - **Market Microstructure**: How liquidity affects price behavior - **Institutional vs Retail**: Identifying professional trading patterns - **Weekend Market Dynamics**: Understanding low-liquidity period characteristics - **Volume Analysis**: Advanced PVSRA methodology for market maker detection **Research Applications:** - Historical weekend volatility analysis - Institutional activity pattern recognition - Cross-market liquidity comparison - Weekend gap prediction modeling --- ## DISCLAIMER & EDUCATIONAL PURPOSE This indicator is designed for educational analysis of market microstructure during low-liquidity periods. The PVSRA methodology is adapted from institutional trading analysis techniques and should be used in conjunction with proper risk management and market analysis. **Not Financial Advice**: All signals and analysis are for educational purposes only.
Pine Script® indicator
by Bids2025
Lag-Free Candlestick Pattern Detector — All-in-One📌 Indicator Name: Lag-Free Candlestick Pattern Detector — All-in-One 🧾 Description (for Publishing): This indicator scans the chart for high-probability candlestick reversal patterns using clean, non-repainting logic. It confirms each pattern on bar close and shows signals one bar later to eliminate repainting and improve reliability. ✅ Patterns Detected: Single-bar patterns: Hammer / Inverted Hammer Doji Shooting Star / Hanging Man Two-bar patterns: Bullish & Bearish Engulfing Bullish & Bearish Harami Piercing Line / Dark Cloud Cover Tweezer Top / Bottom Three-bar patterns: Morning Star / Evening Star Three Inside Up / Three Inside Down 🧠 How It Works: 📌 Each pattern is detected using classic candlestick logic derived from open, close, high, and low prices over the past 2–3 bars. 🔁 It uses pivot-based swing detection to locate nearby support and resistance areas. 📈 Bullish signals are only shown near support zones, and bearish signals near resistance, improving signal accuracy. ⚠️ Labels appear on the next candle after confirmation to avoid misleading repainting behavior. 💡 Best Used For: Spotting key reversal points on any timeframe Combining with trend or volume filters for strategy development Training pattern recognition visually on live charts
Pine Script® indicator
by carlosfilipemt
Tradeable Candle Detection By Raja SaienTradeable Candle Detection By Raja Saien Overview: This advanced candle detection tool is designed to help traders identify high-quality trade setups and avoid fake moves, based on candle structure, volume, and RSI conditions. Unlike many indicators that are limited to specific sessions, this script works across all market sessions, giving you full flexibility to trade 24/7. 🔍 Key Features: All Session Support (24/7 Trading) Detects tradeable setups during any time of the day, including Asian, London, New York, and overlapping hours. No restriction to any specific session — trade when the opportunity is there! Fake Move Detection 🚫 Identifies candles with long wicks, small bodies, and low volume — typical signs of manipulation or indecision. Displays a “No Trade Zone – Fake Move” label to help you avoid poor entries. Real Move Detection ✅ Highlights candles with strong bodies, short wicks, and high volume — ideal conditions for trade entries. Helps you focus only on high-probability, momentum-driven moves. RSI-Based Confirmation Uses RSI to ensure trade entries align with momentum: Bullish Entry Allowed: Candle is bullish + RSI between 50–75. Bearish Entry Allowed: Candle is bearish + RSI between 25–50. Avoid Trades: RSI is overbought/oversold or showing divergence. Divergence Detection Detects bearish divergence in bullish setups and bullish divergence in bearish setups — warns against risky entries. Visual Zones & Candle Highlights Plots horizontal lines at candle highs/lows and extended zones based on candle range. Dominant candles are highlighted in black for quick visual spotting. ⚙️ Custom Inputs: Minimum Body Size Threshold Wick-to-Body Ratio for Fake Move Volume Strength Multiplier Candle Dominance Precision (% of range) RSI Period and Source Optional session filter (can be turned off to enable all-session detection) 🛎️ Alerts Included: ✅ Long Entry Confirmed – Strong bullish candle with supporting RSI ✅ Short Entry Confirmed – Strong bearish candle with supporting RSI 🚫 Fake Move Detected – Weak structure + low volume, no trade 🧠 How to Use: Wait for a dominant black candle to appear. Read the label to understand: ✅ Green = Trade Allowed ⚠️ Orange = Avoid (due to RSI or divergence) 🚫 Red = Fake Move (stay out) Combine with support/resistance, SMC, or price action strategy for confluence. 🟢 "Trade any session, any time – with confidence, precision, and control. Powered by Raja Saien." Built for traders who value smart entries and reliable signals across all time zones.
Pine Script® indicator
by RajaSaien
Custom Open Price LinesThis indicator allows you to plot up to 20 fully customizable horizontal lines based on the opening price of any specific time of day. It's designed to mark key intraday levels like session opens, news event times, or any other important moment in the trading day with precision and clarity. Key Features 20 Custom Lines: Configure up to 20 independent lines, each triggered at a specific time you define. Complete Visual Control: For each of the 20 lines, you can individually customize: Start Time: The exact time to capture the opening price (e.g., 09:30). Label Text: A custom name for the line's label (e.g., "RTH Open"). Color, Style & Width: Full control over the line's appearance (color, solid/dotted/dashed, thickness). Label Size: Adjust the text size for readability. Individual Cutoff Times: Each line has its own unique "Cutoff Time," allowing you to define precisely when it should stop extending for the day. For example, a 9:30 AM line can be set to stop drawing at 4:00 PM. Session Master Toggles: Use the three "Master Toggles" (e.g., London, NY AM, NY PM) to act as a filter. A custom line will only appear on the chart if its start time falls within one of the master sessions that you have enabled. This lets you quickly show or hide groups of lines based on the current trading session. Lookback Control: Choose how many previous days to display the lines for, or select "Unlimited" to show them on all visible historical data. Timeframe Filter: Set a maximum chart timeframe (e.g., 45 minutes) on which the lines will be visible, preventing clutter on higher timeframes like Daily or Weekly.
Pine Script® indicator
by KronosMMXM
GOXXIE H4 S/R + Volume Zones + Alerts [For GOLD Day Traders]This advanced indicator identifies key trading levels by combining: H4 Timeframe Support/Resistance Automatically detects swing highs/lows from the 4-hour chart Plots them on your current timeframe (perfect for day traders) Only shows confirmed levels (adjustable from 1-5 touches) Volume Confirmation Highlights high-volume zones from the H4 timeframe Purple shading shows where institutions traded actively Proximity Alerts Customizable alerts when price approaches key levels (0.1%-5% distance) Prevents missed opportunities at critical zones Key Features: ✅ Multi-Timeframe Analysis - See H4 structure while trading lower timeframes ✅ Volume-Filtered Levels - Avoid false breaks with volume confirmation ✅ Customizable Sensitivity - Adjust touch requirements and alert distances ✅ Clean Visualization - Dashed lines (red=resistance, green=support) with subtle volume shading Ideal For: Day traders who need to align with higher timeframe structure Swing traders looking for confluent support/resistance zones Breakout/Reversal strategies with volume confirmation Input Parameters: Higher Timeframe (H4) - Base timeframe for level detection Min Touches - How many times a level must be tested (1-5) Volume Threshold - Sensitivity for high-volume zones (0.1-2.0) Alert Distance - How close price must be to trigger alerts (0.1%-5%) Pro Tips: Combine with: Trend confirmation (e.g., 200 EMA) Candlestick patterns at key levels Strongest signals occur when: Price tests H4 level + volume zone simultaneously Lower timeframe shows rejection (wick) or breakout (close beyond level) Publishing Notes: Categories: Strategy > Support/Resistance > Volume Tags: support, resistance, volume, daytrading, multitimeframe Preview Image: Show a chart with: H4 levels on a 15m chart Purple volume zones Example alerts popping up
Pine Script® indicator
by Goxxie
Neural Network Buy and Sell SignalsTrend Architect Suite Lite - Neural Network Buy and Sell Signals Advanced AI-Powered Signal Scoring This indicator provides neural network market analysis on buy and sell signals designed for scalpers and day traders who use 30s to 5m charts. Signals are generated based on an ATR system and then filtered and scored using an advanced AI-driven system. Features Neural Network Signal Engine 5-Layer Deep Learning analysis combining market structure, momentum, and market state detection AI-based Letter Grade Scoring (A+ through F) for instant signal quality assessment Normalized Input Processing with Z-score standardization and outlier clipping Real-time Signal Evaluation using 5 market dimensions Advanced Candle Types Standard Candlesticks - Raw price action Heikin Ashi - Trend smoothing and noise reduction Linear Regression - Mathematical trend visualization Independent Signal vs Display - Calculate signals on one type, display another Key Settings Signal Configuration - Signal Trigger Sensitivity (Default: 1.7) - Controls signal frequency vs quality - Stop Loss ATR Multiplier (Default: 1.5) - Risk management sizing - Signal Candle Type (Default: Candlesticks) - Data source for signal calculations - Display Candle Type (Default: Linear Regression) - Visual candle display Display Options - Signal Distance (Default: 1.35 ATR) - Label positioning from price - Label Size (Default: Medium) - Optimal readability Trading Applications Scalping - Fast pace signal detection with quality filtering - ATR-based stop management prevents signal overlap - Neural network attempts to reduces false signals in choppy markets Day Trading - Multi-timeframe compatible with adaptation settings - Clear trend visualization with Linear Regression candles - Support/resistance integration for better entries/exits Signal Filtering - Use A+/A grades for highest probability setups - B grades for confirmation in trending markets - C-F grades help identify market uncertainty Why Choose Trend Architect Lite? No Lag - Real-time neural network processing No Repainting - Signals appear and stay fixed Clean Charts - Focus on price action, not indicators Smart Filtering - AI reduces noise and false signals Flexible and customizable - Works across all timeframes and instruments Compatibility - All Timeframes - 1m to Monthly charts - All Instruments - Forex, Crypto, Stocks, Futures, Indices Risk Disclaimer This indicator is a tool for technical analysis and should not be used as the sole basis for trading decisions. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose.
Pine Script® indicator
by B3AR_Trades
45
Gold Sniper Pro🔒 Gold Sniper Pro — Invite-Only Indicator for High-Precision Gold & Forex Trading Gold Sniper Pro is a precision-engineered invite-only indicator designed for serious traders who want consistent, data-backed entries in volatile markets such as gold, crypto, and Forex. This system combines multiple institutional-level tools in a unified interface to deliver accurate BUY and SELL signals, including: ✅ Moving Average ✅ Price Action ✅ EMA — EMA for multi-timeframe trend confirmation ✅ Smart Price Action Logic — Detects breakout zones from swing high/low structures ✅ Noise Reduction Layer — Filters out false signals during consolidation periods ✅ Signal Arrows — Clear visual cues for entry points directly on the chart 🕒 Recommended Timeframes: 15 minutes, 30 minutes, 1 hour, and 4 hours 🎯 Ideal for: Gold (XAU/USD), Crypto, and major Forex pairs 🆕 Latest Update: - Enhanced signal filtering for early detection - Improved SL/TP calibration for volatile sessions Note: This is a closed-source, invite-only script. It is not intended for beginners, but for traders who require a systematic and semi-automated tool to help reduce emotional trading and improve consistency.
Pine Script® indicator
by FXDaddyTeam
Simple Trend Indicator (Heikin-Ashi) | Lyro RSSimple Trend Indicator (Heikin-Ashi) A momentum oscillator using Heikin-Ashi smoothed data to filter trend direction with zero-line crosses. This indicator calculates the normalized deviation of Heikin-Ashi OHLC values from their Simple Moving Average (SMA), then averages these deviations into a single oscillator. It simplifies trend detection by: Reducing noise via Heikin-Ashi smoothing. Highlighting momentum shifts through a zero-line cross system (bullish/bearish). Providing clear visual signals with color-coded plots and directional dots. Originality: Unlike standard momentum oscillators, this tool uniquely combines: Heikin-Ashi normalization for cleaner trend analysis. Multi-component averaging (high, open, low, close) to balance sensitivity. Minimalist design for clutter-free charting. How It Works: Data Input: Fetches Heikin-Ashi OHLC values using request.security(). Momentum Calculation: For each Heikin-Ashi component: Computes % deviation from its SMA: (value − SMA(value, length)) / SMA(value, length) * 100. Oscillator: Averages deviations of all four components into one line (sum). Signals: Bullish: Oscillator > 0 (green). Bearish: Oscillator < 0 (red). Cross Confirmation: Dots (⦿) mark zero-line crosses. Usage: Trend Following: Enter long/short on sustained oscillator breaks above/below zero. Reversal Watch: Zero-line crosses may hint at weakening momentum. Filter: Combine with volume or support/resistance levels. ⚠️Disclaimer: This indicator is a tool for technical analysis and does not provide guaranteed results. It should be used in conjunction with other analysis methods and proper risk management practices. The creators of this indicator are not responsible for any financial decisions made based on its signals.
Pine Script® indicator
by LyroRS
Footprint-Style Order Flow by Kalibea📊 Indicator: "Footprint-Style Order Flow by Kalibea" Simplified Order Flow Analysis for TradingView This indicator was created by Kalibea to bring you the power of Order Flow analysis in a clear, practical way—without technical complexity and fully compatible with TradingView. While TradingView doesn’t support traditional footprint charts, this tool simulates institutional market reading using a smart calculation of estimated volume delta, helping you make more informed trading decisions. 🔍 What does this indicator do? Estimated Delta: Calculates the difference between buying and selling pressure per candle, based on price movement and volume. Smart Visual Signals: 🔼 Green Triangle: Potential buy entry (buyer dominance). 🔽 Red Triangle: Potential sell entry (seller dominance). Delta Histogram: Displays whether each candle was driven more by buyers or sellers. Live Labels: Shows real-time delta values above each candle for quick interpretation. 🧠 How does it help your trading? Detects real-time market imbalances (who's in control: buyers or sellers). Improves entry and exit timing, especially on lower timeframes. Helps you confirm other strategies such as supply/demand zones, support/resistance, or candlestick patterns. Provides an institutional-style reading simplified for use within TradingView. ⚙️ Fully Customizable to Your Style Adjust the delta sensitivity to suit any market: Forex, Crypto, Indices, and more. Turn on/off visual signals and histogram as needed. 🔑 Recommended by Kalibea for: ✅ Intraday traders and scalpers ✅ Traders looking to take the next step into institutional-style analysis ✅ Those seeking precise entries without overcomplicating their charts 💬 “Order Flow is the market’s internal voice. This indicator helps you hear it—no expensive footprint software required.” — Kalibea
Pine Script® indicator
by kalibea
kaka-Buff横盘系统与CVD和LVP 作用：此指标用于识别市场横盘（震荡）区间，检测累积成交量差额（CVD）背离（基于分形和参考方法），并标记基于大成交量K线的关键价格水平（Large Volume Price, LVP）。它通过结合横盘信号、成交量背离和关键价格水平，帮助交易者识别潜在的趋势反转或延续。指标还绘制可自定义的指数移动平均线（EMA）以辅助趋势分析。主要功能：横盘检测：使用EMA标准差（STD）、平均真实波幅（ATR）、平均方向指数（ADX）和布林带宽度（BB宽度）识别低波动性的横盘区间。 分形CVD背离：通过分形枢轴点和成交量差额计算，检测看涨（“+RD”）和看跌（“-RD”）背离，以标签形式显示在图表上。 参考CVD背离：在成交量分布区域（VAH、VAL、POC）内识别简单的CVD背离（基于价格和成交量差额高/低点），以绿色/红色三角形显示。 大成交量价格（LVP）：在回看周期（可自主设置长度）内标记最大成交量K线的最高/最低价，绘制线和标签，指示关键支撑/阻力位。 EMA线：绘制20、50、100和200周期的EMA，带开关控制和可自定义颜色，用于趋势可视化。 表格：以可自定义的表格（字体大小/颜色均可调节）显示横盘指标（EMA STD、ATR、ADX、BB宽度）和整体横盘状态。 警报：提供横盘进入/退出、分形CVD背离、参考CVD背离和LVP价格突破的警报。 Consolidation System with CVD and LVP Purpose: This indicator identifies market consolidation zones, detects Cumulative Volume Delta (CVD) divergences (both fractal-based and reference-based), and marks significant price levels based on large volume bars (Large Volume Price, LVP). It helps traders identify potential trend reversals or continuations by combining consolidation signals, volume-based divergence, and key price levels. The indicator also plots customizable Exponential Moving Averages (EMAs) to aid in trend analysis.Key Features:Consolidation Detection: Uses EMA Standard Deviation (STD), Average True Range (ATR), Average Directional Index (ADX), and Bollinger Bands (BB) width to identify low-volatility consolidation zones. Fractal CVD Divergence: Detects bullish ("+RD") and bearish ("-RD") divergences using fractal pivot points and a volume delta calculation, displayed as labels on the chart. Reference CVD Divergence: Identifies simpler CVD divergences (based on price and volume delta highs/lows) within volume profile zones (VAH, VAL, POC), shown as green/red triangles. Large Volume Price (LVP): Marks the high/low of the highest volume bar within a lookback period with lines and labels, indicating key support/resistance levels. EMA Lines: Plots EMA 20, 50, 100, and 200 with toggle switches and customizable colors for trend visualization. Table: Displays consolidation metrics (EMA STD, ATR, ADX, BB width) and overall consolidation status in a customizable table. Alerts: Provides alerts for consolidation entry/exit, fractal CVD divergences, reference CVD divergences, and LVP price crossings.
Pine Script® indicator
by superbnando
Order Block Finder - yzeen ayoubCore Concept Order blocks represent areas where large institutional traders (banks, hedge funds) have placed significant orders, creating zones of potential support or resistance. The script identifies these zones by looking for specific candlestick patterns. How It Detects Order Blocks Bullish Order Blocks Formation: Starts with a single bearish candle (close < open) Confirmation: Followed by a sequence of consecutive bullish candles Displacement: Price must move up by a minimum percentage from the formation candle Bearish Order Blocks Formation: Starts with a single bullish candle (close > open) Confirmation: Followed by a sequence of consecutive bearish candles Displacement: Price must move down by a minimum percentage from the formation candle Key Features Visual Elements Rectangles: Draw the actual order block zones using the high/low of formation candles Equilibrium Lines: Show the middle point of each order block Risk/Reward Lines: Display stop loss (SL), 2R, and 3R take profit levels Color Themes: Bright or dark color schemes Customizable Parameters Confirmation Candles: How many consecutive candles needed (default: 5) Display Count: Maximum order blocks to show (default: 20) Minimum Displacement: Required percentage move after formation (default: 0.2%) Visual Options: Toggle equilibrium lines, risk/reward levels, signature Smart Features Array Management: Automatically removes old order blocks to keep chart clean Alert System: Notifies when price enters an order block zone Performance Optimized: Uses efficient counting functions instead of complex loops Trading Logic The script assumes that: Institutional Imbalance: The formation candle represents institutional order flow Retail Response: The confirmation sequence shows retail traders responding Future Reaction: When price returns to these zones, it may find support/resistance Practical Use Traders use this to: Identify high-probability entry zones Set stop losses below/above order blocks Target 2R and 3R profit levels Get alerts when price approaches these critical zones The script essentially automates the process of finding these institutional footprints that many smart money traders look for manually.
Pine Script® indicator
by yzeen598