CRT + Daily Bias - Milana Trades

5 ott

This indicator merges Candle Range Theory (CRT) with a Daily & Weekly Bias model, offering traders a complete view of both short-term price traps and higher-timeframe market direction. It is designed to highlight potential liquidity traps, reversals, and directional bias in a structured and visually intuitive format.

🔹 1. Candle Range Theory (CRT)

The CRT module detects false breakout candles (trap candles) and plots key high/low levels to mark significant turning points.

Bullish CRT
Occurs when price makes a lower low than the previous candle but closes bullish (close > open).
→ Suggests a possible upside reversal.


Bearish CRT
Occurs when price makes a higher high than the previous candle but closes bearish (close < open).
→ Suggests a possible downside reversal.


When a CRT is detected:
Dotted lines and levels are drawn from the trap candle’s high/low.
Labels such as CRT, CRT H, and CRT L appear for easy visualization.
Previous CRT structures can auto-clear when new traps form.
Alerts trigger once a trap is confirmed on candle close.

🔹 2. Daily & Weekly Bias

The Bias module determines market direction using daily and weekly candle structure. It evaluates:

Breaks above/below previous highs and lows.
Failed breaks (false moves beyond prior levels).
Inside bars (neutral range conditions).

Bias Logic Summary:

Close Above Previous High → Bullish

Close Below Previous Low → Bearish

Failed Break Above → Bearish

Failed Break Below → Bullish

Inside Range → Neutral

Both Daily and Weekly bias values are displayed in an on-chart table for quick context.

⚠️ Note:
The bias readings are technical references, not trading signals. Always combine them with your own analysis, context, and market awareness.

🔹 3. Bias Table

A clean table (top-right by default) displays:

Timeframe (Daily / Weekly)

Current Bias (Bullish, Bearish, Neutral)

Reason for bias (breakout, failure, or inside bar)

The table is fully customizable, allowing you to adjust:

Header and text colors

Background and border styles

Display of specific timeframes (Daily / Weekly)

🔹 4. Alerts

Real-time alerts notify you when:

Bullish CRT is detected
Bearish CRT is detected

Alerts only trigger on candle close for accuracy and reduced false signals.

🔹 5. Settings

CRT Module
Length: Number of bars CRT levels extend.
Clear Broken: Automatically removes old CRT levels when new traps form.
Trap Candle Colors: Customize bullish/bearish candle highlights.
Line & Label Style: Full control of label size, color, and line styling.
Bias Module
Show Table: Toggle on/off.
Show Daily / Weekly Bias: Select which to display.
Color Customization: Set colors for bias states and table design.

🔹 6. How to Use

Watch for CRT labels forming near major or liquidity areas.
Check the Daily/Weekly Bias Table for trend confirmation.
Align CRT signals with the bias direction for higher-probability setups.
Use alerts to stay informed without constantly monitoring charts.

6 giorni fa

Note di rilascio

Multi Timeframe Function


The Multi Timeframe Function allows you to analyze data from a higher timeframe while staying on a lower one.
By default, the setting is set to Chart, which means the indicator uses your current chart timeframe.

If you’ve identified a trading pattern or model on a higher timeframe and want to switch to a lower timeframe (LTF) for a more precise entry, you don’t need to draw CRT H and CRT L lines manually.
Simply go to the indicator settings, find the Higher Timeframe option, and select the timeframe where the model was originally found.
The indicator will automatically display the higher timeframe data on your current chart.