PROTECTED SOURCE SCRIPT
[PH] Consensus × Heikin Ashi Bridge(Set 2/2)
📘 [PH] Consensus × Heikin Ashi Bridge (Set 2/2)
This indicator compares a Renko-based Consensus Line with a dynamic Heikin-Ashi lower bound (DynLower) derived from 3 multi-timeframe Heikin-Ashi structures.
The difference (gap) between these two price structures is visualized using vertical Bridge Lines, helping traders identify trend continuation, weakening momentum, or potential reversals.
✳️ Key Features
✅ Consensus Line – Calculated from multiple Renko box sizes, representing dominant price agreement
✅ DynLower Line – Adaptive lower/upper Heikin-Ashi structure, smoothing market dynamics across 3 timeframes
✅ Bridge Lines – Visually links the two structures to highlight relative displacement
✅ Gap Dynamics – Observes widening (trend strength) and narrowing (potential exhaustion)
📈 How to Use
When the gap widens, it may indicate increasing trend momentum
When the gap contracts, it can suggest consolidation or reversal risk
Use this script in conjunction with volume, price action, or momentum indicators for confirmation
⚠️ This is a support tool, not a signal generator.
Best used with confluence from other technical methods.
📎 Disclaimer
This script is not financial advice and does not guarantee performance or profits.
All trading decisions are the sole responsibility of the user.
Please backtest thoroughly and ensure alignment with your risk strategy before live trading.
This indicator compares a Renko-based Consensus Line with a dynamic Heikin-Ashi lower bound (DynLower) derived from 3 multi-timeframe Heikin-Ashi structures.
The difference (gap) between these two price structures is visualized using vertical Bridge Lines, helping traders identify trend continuation, weakening momentum, or potential reversals.
✳️ Key Features
✅ Consensus Line – Calculated from multiple Renko box sizes, representing dominant price agreement
✅ DynLower Line – Adaptive lower/upper Heikin-Ashi structure, smoothing market dynamics across 3 timeframes
✅ Bridge Lines – Visually links the two structures to highlight relative displacement
✅ Gap Dynamics – Observes widening (trend strength) and narrowing (potential exhaustion)
📈 How to Use
When the gap widens, it may indicate increasing trend momentum
When the gap contracts, it can suggest consolidation or reversal risk
Use this script in conjunction with volume, price action, or momentum indicators for confirmation
⚠️ This is a support tool, not a signal generator.
Best used with confluence from other technical methods.
📎 Disclaimer
This script is not financial advice and does not guarantee performance or profits.
All trading decisions are the sole responsibility of the user.
Please backtest thoroughly and ensure alignment with your risk strategy before live trading.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.