TradeCraftly - 4 Flag Pattern

7시간 전

🚀 4 Flag
This indicator highlights **hidden market compression** by detecting a powerful **4-candle alternating pattern** where price remains tightly balanced between buyers and sellers.

It identifies sequences where candles **strictly alternate in direction** (Green-Red-Green-Red or Red-Green-Red-Green) while price stays **compressed within a shared Open-Close range**, filtering out noise and false consolidations using smart wick control.

The result is a **clean visual range box** that marks areas of **absorption, balance, and potential breakout energy**—often appearing just before strong directional moves.

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### 💡 Ideal For

* Spotting **pre-breakout consolidation**
* Identifying **liquidity build-up zones**
* Timing **breakout or expansion trades**
* Enhancing entries with **VWAP, CPR, or session levels**

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### ✅ Key Features

* Works on **any chart timeframe**
* **Non-repainting**
* Noise-filtered using **wick-to-body logic**
* Simple, clean, and **trader-focused**

6시간 전

릴리즈 노트

🔄 Update Notes

• Added body size similarity filter to ensure all four candles have nearly equal body sizes
  
• Introduced Body Size Tolerance (%) input for fine control over pattern strictness
  
• Improved pattern quality by filtering out uneven and noisy candle structures
  
• Enhances detection of true compression and absorption zones
  
• No repainting behavior changed