OPEN-SOURCE SCRIPT
Trend vs Balance + Alerts

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.**
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.**
สคริปต์โอเพนซอร์ซ
ด้วยเจตนารมณ์หลักของ TradingView ผู้สร้างสคริปต์นี้ได้ทำให้เป็นโอเพนซอร์ส เพื่อให้เทรดเดอร์สามารถตรวจสอบและยืนยันฟังก์ชันการทำงานของมันได้ ขอชื่นชมผู้เขียน! แม้ว่าคุณจะใช้งานได้ฟรี แต่โปรดจำไว้ว่าการเผยแพร่โค้ดซ้ำจะต้องเป็นไปตาม กฎระเบียบการใช้งาน ของเรา
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
สคริปต์โอเพนซอร์ซ
ด้วยเจตนารมณ์หลักของ TradingView ผู้สร้างสคริปต์นี้ได้ทำให้เป็นโอเพนซอร์ส เพื่อให้เทรดเดอร์สามารถตรวจสอบและยืนยันฟังก์ชันการทำงานของมันได้ ขอชื่นชมผู้เขียน! แม้ว่าคุณจะใช้งานได้ฟรี แต่โปรดจำไว้ว่าการเผยแพร่โค้ดซ้ำจะต้องเป็นไปตาม กฎระเบียบการใช้งาน ของเรา
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน