OPEN-SOURCE SCRIPT

BTC Markup/Markdown Zones by Koenigsegg

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📈 BTC Markup/Markdown Zones

A handcrafted indicator designed to mark Bitcoin's most critical High Time Frame (HTF) structure shifts. This tool overlays true institutional-level Markup and Markdown Zones, selected manually after deep market review. Whether you're testing strategies or actively trading, this tool gives you the bigger picture at all times.


🔍 Key Features:

✅ HTF Markup & Markdown Zones

Every zone is manually selected — no indicators, no repainting. Just raw market history and real structure.

✅ Two Display Modes

• Background Zones — soft overlays with low opacity for visual context — with the option to increase opacity manually if desired.
• Start Candle Highlight — sharply highlighted candle marking the final pivot before a macro reversal.


✅ Custom Color Controls (Style Tab)

All visual styling lives in the Style tab, with clearly labeled fields:
• Markup Zone
• Markdown Zone
• Start Candle Highlight Markup
• Start Candle Highlight Markdown

✅ Minimal Input Section

Just one toggle: display mode. Everything else is kept clean and intuitive.


🧠 Purpose:

This script is made for any timeframe:
• Zoom into lower timeframes to know whether you're trading inside a Markup or Markdown
• Use it during strategy testing for true structural awareness


📅 Handpicked Macro Turning Points:

Each zone originates from a manually confirmed candle — the last meaningful candle before a shift in control between bulls and bears:

• FRI 19 AUG 2011 12PM – MARK DOWN
• THU 20 OCT 2011 12AM – MARK UP
• WED 10 APR 2013 12PM – MARK DOWN
• FRI 12 APR 2013 12PM – MARK UP
• SAT 30 NOV 2013 12AM – MARK DOWN
• WED 14 JAN 2015 12PM – MARK UP
• SUN 17 DEC 2017 12PM – MARK DOWN
• SAT 15 DEC 2018 12PM – MARK UP
• WED 14 APR 2021 4AM – MARK DOWN
• TUE 22 JUN 2021 12PM – MARK UP
• WED 10 NOV 2021 12PM – MARK DOWN
• MON 21 NOV 2022 8PM – MARK UP
• THU 14 MAR 2024 4AM – MARK DOWN
• MON 5 AUG 2024 12PM – MARK UP
• MON 20 JAN 2025 4AM – MARK DOWN

💡 Zones are manually updated by me after each new confirmed Markup or Markdown.


🧬 Fractal Structure for MTF Systems

Price is fractal — meaning the same principles of structure repeat across all timeframes. In Version 2, this tool evolves by introducing manually selected sub-zones inside each High Time Frame (HTF) Markup or Markdown. These sub-zones reflect Medium Timeframe (MTF) structure shifts, offering precision for traders who operate on both intraday and swing levels.

This makes the indicator ideal for low timeframe (LTF) Markup/Markdown awareness — whether you're managing 15m entries or building multi-timeframe confluence systems.
No auto-zones. No guesswork. Just clean, intentional structure division within the broader trend, handpicked for maximum clarity and edge.


💡 Pro Tip:

When price is inside a Markup Zone, shorting becomes riskier — you're trading against a macro bullish structure.
When inside a Markdown Zone, longing becomes riskier — you're fighting against confirmed bearish momentum.

Use this tool to stay aligned with the broader move, especially when zoomed into smaller timeframes or managing entries/exits during intraday setups.

📈 Markup Phase – Bullish Sentiment

Definition: A period where price makes higher highs and higher lows — the uptrend is in full force.

Why sentiment is bullish:
- Institutions and smart money are already positioned long.
- Public/institutional demand drives prices up.
- Momentum is supported by positive news, breakouts, and FOMO.
- Higher highs confirm buyers are in control.

📉 Markdown Phase – Bearish Sentiment

Definition: A period where price makes lower lows and lower highs — clear downtrend.

Why sentiment is bearish:
- Distribution has already occurred, and supply outweighs demand.
- Smart money is short or sidelined, waiting for deeper prices.
- Panic selling or trend-following traders add downside momentum.
- Lower lows confirm sellers are in control.

❌ Trading Against the Trend — Consequences:
-Reduced Probability of Success
-You’re fighting the dominant flow. Most participants are pushing in the opposite direction.
-Drawdowns & Stop-Outs
-Countertrend trades often get wicked or flushed before any meaningful move, especially without structure-based entries.
-Low Risk-Reward Ratio
-Trends offer sustained moves. Countertrend trades may have small take-profit zones or chop.
-Mental Drain & Doubt
-Fighting momentum causes anxiety, second-guessing, and emotional reactions.
-Missed Opportunities
-Focusing on fighting the trend makes you blind to the high-probability setups with the trend.
-Increased Transaction Costs
-More stop-outs and re-entries mean more fees, more friction.
-FOMO from Watching the Trend Run
-Entering countertrend means you might watch the trend explode without you.
-Confirmation Bias & Stubbornness
-Countertrend traders often look for reasons to justify staying in the wrong direction — leading to bigger losses.

🧠 Summary
In markup = bulls dominate → you swim with the current.
In markdown = bears dominate → going long is like pushing a rock uphill.
Trading with the trend is not just safer, it's smarter. The edge lives in momentum — not ego.


⚠️ Disclaimer

This indicator is for educational and analytical use only. It is not financial advice and should not be relied on for decision-making without personal analysis.

This is not a predictive tool. No indicator can forecast upcoming price movements.
What you see here is based purely on past market behavior — specifically, historical tops and bottoms that marked the start of confirmed reversals.
This script does not know where the next reversal begins, nor can it determine where a new Markup or Markdown starts or ends. It is designed to provide context, not prediction.

Always trade with responsibility and perform your own due diligence.

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.