OPEN-SOURCE SCRIPT
Wyckoff — True Composite Man (v6)
⭐ Wyckoff — True Composite Man (v6)
Description (Copy/Paste for Publishing)
Wyckoff — True Composite Man (v6) is a full market-structure engine designed to detect authentic Wyckoff accumulation and distribution events directly on the chart.
It combines volume analysis, range expansion, structural pivots, and contextual pattern logic to identify the actions of the “Composite Man” with high accuracy.
This script tracks volatility spikes, range climaxes, structural breaks, and major Wyckoff events — without repainting — and visually marks each phase or event in real-time.
Detected Wyckoff Events
✔ SC — Selling Climax
✔ AR — Automatic Rally
✔ PS — Preliminary Support
✔ SPRING — Shakeout / Bear Trap
✔ UT — Upthrust (Distribution Trap)
✔ SOS — Sign of Strength
✔ LPS — Last Point of Support / Supply
Each event includes spacing logic to avoid duplicates and ensure only meaningful signals are shown.
How It Works
• Volume spikes identified using a moving average multiplier
• Range climaxes measured against dynamic range MA
• Structural context using 50-bar highs/lows
• Background phases (optional) based on Wyckoff logic
• Auto-labeling with smart bar spacing
• Optional triangle markers for climaxes
Use Cases
• Identifying accumulation/distribution zones
• Detecting Springs, UTADs, and climaxes
• Recognizing early trend reversals
• Confirming Wyckoff events during live price action
• Helping traders spot manipulative “Composite Man” footprints
Best For
• Intraday traders
• Swing traders
• Anyone using Wyckoff methodology
• Traders who want clean, objective event detection
This is a complete Wyckoff toolset built for real-time structural clarity.
Description (Copy/Paste for Publishing)
Wyckoff — True Composite Man (v6) is a full market-structure engine designed to detect authentic Wyckoff accumulation and distribution events directly on the chart.
It combines volume analysis, range expansion, structural pivots, and contextual pattern logic to identify the actions of the “Composite Man” with high accuracy.
This script tracks volatility spikes, range climaxes, structural breaks, and major Wyckoff events — without repainting — and visually marks each phase or event in real-time.
Detected Wyckoff Events
✔ SC — Selling Climax
✔ AR — Automatic Rally
✔ PS — Preliminary Support
✔ SPRING — Shakeout / Bear Trap
✔ UT — Upthrust (Distribution Trap)
✔ SOS — Sign of Strength
✔ LPS — Last Point of Support / Supply
Each event includes spacing logic to avoid duplicates and ensure only meaningful signals are shown.
How It Works
• Volume spikes identified using a moving average multiplier
• Range climaxes measured against dynamic range MA
• Structural context using 50-bar highs/lows
• Background phases (optional) based on Wyckoff logic
• Auto-labeling with smart bar spacing
• Optional triangle markers for climaxes
Use Cases
• Identifying accumulation/distribution zones
• Detecting Springs, UTADs, and climaxes
• Recognizing early trend reversals
• Confirming Wyckoff events during live price action
• Helping traders spot manipulative “Composite Man” footprints
Best For
• Intraday traders
• Swing traders
• Anyone using Wyckoff methodology
• Traders who want clean, objective event detection
This is a complete Wyckoff toolset built for real-time structural clarity.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.