Wyckoff Structure Detection Across Phases and Timeframes
Summary
This indicator attempts to identify Wyckoff accumulation, distribution, reaccumulation, and redistribution structures. Its logic combines swing and trend context with price range behavior, volume, spread, and volatility to label events such as selling or buying climaxes, automatic rallies, secondary tests, springs, upthrusts, signs of strength or weakness, and last points of support or supply. It tracks campaign phases from A through E and offers configurable entry strictness and signal triggers.
The indicator can scan higher timeframes, allow a more advanced valid structure to override the chart timeframe, and display active or historical schematic references. It also exposes phase thresholds, minimum confidence and test criteria, diagnostics, and alerts. These features describe a rule-based interpretation aid rather than a tested trading system: the provided material includes no performance results, and the numerous thresholds and pattern classifications may be sensitive to instrument, timeframe, and implementation choices.
Key ideas
- The indicator classifies potential Wyckoff campaigns as accumulation, distribution, reaccumulation, or redistribution.
- It uses volume, price spread, volatility, trend, and range events to assign campaign phases.
- Phase C probes and Phase D strength or weakness signals inform configurable entry labels.
- Higher-timeframe structures can override chart-timeframe readings when enabled.
- The document gives detection logic and display options but no backtest evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.