OPEN-SOURCE SCRIPT

Trend vs Balance + Alerts

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This indicator is built to answer one key question before you trade:
Is the market trending or balancing (ranging)?
And it doesn’t just label it — it also gives you a confidence score (0–100%).

It works with two timeframes:

Daily (D): the “base” timeframe — it drives the decision.

H4 (240): the “adjustment” timeframe — it reinforces or weakens what Daily says.

That’s why the final output is COMBO:

COMBO always follows the Daily regime (Bull Trend, Bear Trend, or Balance).

H4 does NOT change the regime, it only adjusts the confidence % depending on whether it agrees or conflicts.

The % is calculated using a checklist-style scoring system (5 points per regime).
Each regime has 5 measurable conditions, each worth 20 points:

3 out of 5 → 60%

5 out of 5 → 100%

What does the checklist measure (pure candle behavior):

Structure: whether price forms a clear staircase (HH/HL for bull trend or LL/LH for bear trend).

Closes: whether candles close near the extremes (trend) or near the middle (balance).

Overlap: whether price is “choppy” with lots of overlap (balance) or cleanly displaced (trend).

Impulse vs pullback: whether one side clearly dominates (trend) or moves are more symmetric (balance).

Breaks: whether price breaks and stays outside (acceptance = trend) or breaks and quickly re-enters (balance).

How to read it quickly:

COMBO = your main playbook (trend strategy or range strategy).

COMBO % = your confidence level (how clear the context is).

If you see a ⚠️, it means strong conflict between Daily and H4 — a “be careful” day.

In short: Daily tells you the market “weather”, and H4 tells you whether today the wind is helping or fighting you.

hace 3 días

Notas de prensa

This updated version adds a practical “decision + alert” layer on top of the original regime detector.

The indicator classifies market conditions into **three regimes**:
**Bull Trend**, **Bear Trend**, or **Balance (Range)** — and assigns a **confidence score (0–100%)**.

It works with **two timeframes**:

* **Daily (D)** is the *anchor* and always defines the final regime.
* **H4 (240)** is an *adjustment layer* that can **increase or decrease the Daily confidence**, but it **does not override** the Daily regime.

The confidence score is built from a checklist-style model (5 points per regime):

1. **Structure** (higher highs/lows or lower highs/lows)
2. **Close location** (closes near extremes vs near the middle)
3. **Overlap** (chop/rotation vs clean displacement)
4. **Impulse vs pullback** (dominant side vs symmetric movement)
5. **Break behavior** (acceptance vs failed break / re-entry)

**COMBO** is the final output:

* **COMBO regime = Daily regime**
* **COMBO % = Daily % adjusted by H4 agreement/conflict** (think “70/30 logic”, fully configurable)

### New: Alerts by confidence %

You can now set alerts that trigger when COMBO reaches a confidence level you choose:

* **COMBO % alert** (any regime)
* **TREND % alert** (trend only, **direction-agnostic** — bull or bear both count)

To reduce “MTF alert noise”, the script includes an option to fire alerts **only when both Daily and H4 bars are confirmed/closed**, making alerts more reliable and avoiding mid-bar flips.

In short: **Daily tells you the market weather, H4 adjusts the confidence, and alerts notify you when the regime becomes strong enough to trade.**

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