Wyckoff Cycle Detection Pro

Wyckoff Market Structure Indicator – Full Cycle Detection

Overview

The Wyckoff Market Structure Indicator is an original TradingView tool designed to identify and visualize the full Wyckoff market cycle using objective, rule-based market structure analysis. The indicator automatically detects Accumulation, Markup, Distribution, and Markdown phases, including Re-Accumulation and Re-Distribution, and displays each phase directly on the chart using clearly defined visual elements.

Rather than relying on rigid, textbook pattern templates, the script applies adaptive logic to interpret real-world price behavior. This allows it to recognize Wyckoff structures even when price action deviates from idealized examples, which is common in live markets.

What the Indicator Displays

Once a Wyckoff phase is confirmed, the indicator plots:

Colored phase boxes to define the active market phase

Dynamic support and resistance levels derived from structural extremes

Wyckoff event labels that appear only when contextual conditions are met

An optional dotted Automatic Rally (AR) extension line to visualize range projection

The indicator operates in real time using confirmed data only and does not rely on future-looking calculations.

Wyckoff Events Identified

During Accumulation, the script may label:

Preliminary Support (PS)

Selling Climax (SC)

Automatic Rally (AR)

Secondary Test (ST)

Spring / Shakeout and Tests (when conditions support them)

Sign of Strength (SOS)

Last Point of Support (LPS)

Back-Up (BU)

During Distribution, the script may label:

Preliminary Supply (PSY)

Buying Climax (BC)

Automatic Reaction (AR)

Secondary Test (ST)

Upthrust / UTAD

Sign of Weakness (SOW)

Last Point of Supply (LPSY)

Labels are only plotted when price structure, volatility behavior, and contextual conditions reasonably support the Wyckoff interpretation, helping reduce visual noise and false signals.

How It Works

The indicator evaluates multiple market factors simultaneously, including:

Swing structure and range development

Volatility behavior using ATR-based measurements

Relative expansion and contraction within trading ranges

Prior trend context to distinguish accumulation from distribution

By combining these inputs, the script focuses on identifying meaningful institutional-style accumulation and distribution rather than random consolidation.

Practical Use

Traders can use this indicator to:

Determine the current Wyckoff phase and dominant market intent

Align trades with Markup or Markdown phases

Identify potential accumulation and distribution zones

Add objective structure and context to discretionary price-action analysis

Review historical cycles for study or strategy refinement (optional)

The indicator is designed to work across all major markets, including Forex, stocks, crypto, and futures, and is applicable to any timeframe.

Design Philosophy

The script emphasizes clarity and usability. It requires minimal configuration, keeps charts readable, and allows optional visibility of historical Wyckoff cycles for educational or analytical purposes.

Disclaimer

This indicator is intended for educational and analytical use only and does not constitute financial advice. Always apply proper risk management when trading.