OPEN-SOURCE SCRIPT

Scenario Screener — Consolidation → Bullish Setup

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The script combines multiple indicators to filter out false signals and only highlight strong conditions:

Consolidation Check

Uses ATR % of price → filters out stocks in tight ranges.

Uses Choppiness Index → confirms sideways/non-trending behavior.

Momentum Shift (Bullish Bias)

MACD Histogram > 0 → bullish momentum starting.

RSI between 55–70 → strength without being overbought.

Stochastic %K & %D > 70 → confirms strong momentum.

Volume & Accumulation

Chaikin Money Flow (CMF > 0) → buying pressure.

Chaikin Oscillator > 0 (debug only) → accumulation phase.

Trend Direction

+DI > -DI (from DMI) → buyers stronger than sellers.

ADX between 18–40 → healthy trend strength (not too weak, not overheated).

Breakout Filter (Optional)

If enabled, requires price to cross above 20 SMA before signal confirmation.

📈 Outputs

✅ Green label (“MATCH”) below the bar when all bullish conditions align.

✅ Background highlight (light green) when signal appears.

✅ Info Table (top-right) summarizing key values:

Signal = True/False

MACD, CMF, Chaikin values

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.