OPEN-SOURCE SCRIPT
Candle Intelligence
🔹 Candle Intelligence (IM-CI)
Candle Intelligence (IM-CI) is a context-only intraday market behavior indicator designed to help traders understand how price is behaving, not where to buy or sell.
This tool classifies individual candles, detects short-term behavioral patterns, and displays a non-blocking market state to improve decision awareness during live trading.
⚠️ IM-CI does NOT generate buy/sell signals.It is strictly intended for market context, confirmation, and study.
🔍 What This Indicator Does
🧠 Candle Intelligence Layer
Each candle is classified based on volatility-adjusted behavior using ATR:
Strong expansion candles
Normal directional candles
Weak / neutral candles
These classifications are shown as compact candle codes (optional) to quickly read price behavior without clutter.
📐 Pattern Recognition (Context Only)
IM-CI detects short, non-predictive behavioral patterns, such as:
Compression
Absorption
Momentum bursts
Distribution
These patterns are displayed as soft zones, not signals, helping traders visually study how price reacts around key moments.
Cooldown logic is used to prevent repetitive pattern noise.
🌐 Market State Engine
The indicator continuously evaluates recent candle behavior and VWAP positioning to describe the current market condition, such as:
Expansion
Extended
Distribution
Balanced
This state is shown in a small HUD panel and is designed to:
Reduce emotional over-trading
Identify unsuitable market conditions
Improve alignment with higher-probability environments
⚙️ Key Features
ATR-aware candle classification
VWAP extension detection
Timeframe-adaptive candle code visibility
Non-repainting logic
Clean, lightweight HUD panel
Designed for intraday futures & index trading
🛠 How to Use
Use IM-CI as a context filter, not a trigger
Combine with your own execution system
Avoid trading during Extended or unclear states
Best suited for lower timeframes (1–5 min)
⚠️ Disclaimer
This indicator is provided for educational and informational purposes only. It does not constitute financial advice and should not be used as a standalone trading system.
All trading decisions remain the sole responsibility of the user.
Candle Intelligence (IM-CI) is a context-only intraday market behavior indicator designed to help traders understand how price is behaving, not where to buy or sell.
This tool classifies individual candles, detects short-term behavioral patterns, and displays a non-blocking market state to improve decision awareness during live trading.
⚠️ IM-CI does NOT generate buy/sell signals.It is strictly intended for market context, confirmation, and study.
🔍 What This Indicator Does
🧠 Candle Intelligence Layer
Each candle is classified based on volatility-adjusted behavior using ATR:
Strong expansion candles
Normal directional candles
Weak / neutral candles
These classifications are shown as compact candle codes (optional) to quickly read price behavior without clutter.
📐 Pattern Recognition (Context Only)
IM-CI detects short, non-predictive behavioral patterns, such as:
Compression
Absorption
Momentum bursts
Distribution
These patterns are displayed as soft zones, not signals, helping traders visually study how price reacts around key moments.
Cooldown logic is used to prevent repetitive pattern noise.
🌐 Market State Engine
The indicator continuously evaluates recent candle behavior and VWAP positioning to describe the current market condition, such as:
Expansion
Extended
Distribution
Balanced
This state is shown in a small HUD panel and is designed to:
Reduce emotional over-trading
Identify unsuitable market conditions
Improve alignment with higher-probability environments
⚙️ Key Features
ATR-aware candle classification
VWAP extension detection
Timeframe-adaptive candle code visibility
Non-repainting logic
Clean, lightweight HUD panel
Designed for intraday futures & index trading
🛠 How to Use
Use IM-CI as a context filter, not a trigger
Combine with your own execution system
Avoid trading during Extended or unclear states
Best suited for lower timeframes (1–5 min)
⚠️ Disclaimer
This indicator is provided for educational and informational purposes only. It does not constitute financial advice and should not be used as a standalone trading system.
All trading decisions remain the sole responsibility of the user.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.