Trading Desk - OPEN SOURCE

14 ส.ค.

The Trading Desk - is a powerful tool designed to identify key market stages based on Break of Structure (BOS) patterns. This indicator tracks Bullish and Bearish Market Breaks (MBs) to determine four crucial market stages: Accumulation, Distribution, Reaccumulation, and Redistribution.

1. Accumulation: Identified when a series of Bullish MBs dominate the market, signaling a potential upward trend.
   
2. Distribution: Triggered by dominant Bearish MBs, indicating a possible market decline.
   
3. Reaccumulation: Occurs after a sequence of Bullish MBs is followed by up to three Bearish MBs, suggesting a continuation of the upward trend after a temporary pullback.
   
4. Redistribution: Appears when a sequence of Bearish MBs is followed by up to three Bullish MBs, indicating a potential continuation of the downward trend after a brief upward correction.
   

The indicator also includes a dynamic table displayed at the top right of the chart, showing the current market stage in real-time. This helps traders quickly assess the market environment and make informed trading decisions.

Ideal for: Traders looking to understand market structure and identify trend continuation or reversal phases.