OPEN-SOURCE SCRIPT
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Market Cipher B Replica

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Market Cipher B Replica for Pine Script v6
This script is a custom indicator for TradingView inspired by the popular Market Cipher B.
It combines several market strength and momentum signals into a single, visually-rich oscillator, including:
RSI (Relative Strength Index)
MFI (Money Flow Index)
VWAP (Volume Weighted Average Price)
Custom momentum waves (multi-stage EMA smoothing)
Histogram for short-term momentum
Visual signals:
Colored wave fills above/below zero
Green/Red dots on momentum wave crossovers
Yellow/Blue pivot markers for local highs/lows
Trigger dots for potential reversals
Dynamic background coloring for market states (overbought, oversold, confluence, VWAP clouds)
All major features are toggleable, so you can customize what’s displayed for clarity and focus.
Purpose:
To help traders visually identify market momentum shifts, trend reversals, and areas of potential exhaustion or confluence—similar to what the original Market Cipher B does, but fully open-source and customizable.
Note di rilascio

This script is a custom indicator for TradingView inspired by the popular Market Cipher B.
It combines several market strength and momentum signals into a single, visually-rich oscillator, including:
RSI (Relative Strength Index)
MFI (Money Flow Index)
VWAP (Volume Weighted Average Price)
Custom momentum waves (multi-stage EMA smoothing)
Histogram for short-term momentum
Visual signals:
Colored wave fills above/below zero
Green/Red dots on momentum wave crossovers
Yellow/Blue pivot markers for local highs/lows
Trigger dots for potential reversals
Dynamic background coloring for market states (overbought, oversold, confluence, VWAP clouds)
All major features are toggleable, so you can customize what’s displayed for clarity and focus.
Purpose:
To help traders visually identify market momentum shifts, trend reversals, and areas of potential exhaustion or confluence—similar to what the original Market Cipher B does, but fully open-source and customizable.

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.