OPEN-SOURCE SCRIPT
Optimized Candlestick Entry Indicator

1. Conflict Prevention System:
Pattern Strength Scoring: Each pattern gets a strength score (0-1) based on how well it matches ideal characteristics
Context Filtering: Patterns only trigger in appropriate market conditions (uptrend/downtrend)
Signal Prioritization: When multiple patterns occur, only the strongest one triggers
Mutual Exclusion: Prevents simultaneous buy/sell signals on the same candle
2. Enhanced Pattern Recognition:
Minimum Strength Threshold: Configurable minimum pattern strength (default 60%)
Trend Context Awareness: Hammer/Inverted Hammer only in downtrends, Hanging Man/Shooting Star only in uptrends
Improved Ratios: Better body-to-wick ratio calculations
Volume Consideration: Patterns require meaningful price ranges
3. Smart Decision Logic:
Pattern Counting: Counts active bullish vs bearish patterns
Conflict Resolution: If both signals exist, chooses the stronger one
Final Signal Generation: Only one signal type per candle
4. Advanced Features:
Trend Filter: Optional MA-based trend filter (20-period default)
Strength Display: Shows pattern strength percentage in labels
Context Information: Alerts include trend direction
Visual Enhancements: Larger, clearer signals with strength indicators
5. Configuration Options:
Trend Filter Toggle: Enable/disable trend-based filtering
Minimum Pattern Strength: Adjust sensitivity (0.3-1.0)
Individual Pattern Control: Enable/disable specific patterns
Visual Customization: Control labels, shapes, and alerts
How It Prevents Conflicts:
Context Separation: Bullish patterns only trigger in bearish contexts and vice versa
Strength Comparison: When conflicts arise, only the strongest pattern signals
Pattern Validation: Each pattern must meet strict strength criteria
Final Decision Layer: A final logic layer ensures only one signal type per bar
This optimized version will give you clear, non-conflicting entry signals with much higher accuracy and reliability!Retry
Pattern Strength Scoring: Each pattern gets a strength score (0-1) based on how well it matches ideal characteristics
Context Filtering: Patterns only trigger in appropriate market conditions (uptrend/downtrend)
Signal Prioritization: When multiple patterns occur, only the strongest one triggers
Mutual Exclusion: Prevents simultaneous buy/sell signals on the same candle
2. Enhanced Pattern Recognition:
Minimum Strength Threshold: Configurable minimum pattern strength (default 60%)
Trend Context Awareness: Hammer/Inverted Hammer only in downtrends, Hanging Man/Shooting Star only in uptrends
Improved Ratios: Better body-to-wick ratio calculations
Volume Consideration: Patterns require meaningful price ranges
3. Smart Decision Logic:
Pattern Counting: Counts active bullish vs bearish patterns
Conflict Resolution: If both signals exist, chooses the stronger one
Final Signal Generation: Only one signal type per candle
4. Advanced Features:
Trend Filter: Optional MA-based trend filter (20-period default)
Strength Display: Shows pattern strength percentage in labels
Context Information: Alerts include trend direction
Visual Enhancements: Larger, clearer signals with strength indicators
5. Configuration Options:
Trend Filter Toggle: Enable/disable trend-based filtering
Minimum Pattern Strength: Adjust sensitivity (0.3-1.0)
Individual Pattern Control: Enable/disable specific patterns
Visual Customization: Control labels, shapes, and alerts
How It Prevents Conflicts:
Context Separation: Bullish patterns only trigger in bearish contexts and vice versa
Strength Comparison: When conflicts arise, only the strongest pattern signals
Pattern Validation: Each pattern must meet strict strength criteria
Final Decision Layer: A final logic layer ensures only one signal type per bar
This optimized version will give you clear, non-conflicting entry signals with much higher accuracy and reliability!Retry
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.