Wyckoff Schematic by Kingshuk Ghosh

The "Wyckoff Schematic" is a Pine Script indicator that automatically detects and visualizes Wyckoff Method accumulation and distribution patterns in real-time. This professional tool helps traders identify smart money movements, phase transitions, and critical market structure points.

Key Features-
1. Wyckoff Pattern Detection
Auto-detection of all Wyckoff phases (A through E)
Accumulation patterns: SC, AR, Spring, SOS, LPS
Distribution patterns: BC, UTAD, LPSY
Real-time phase identification with color-coded visualization

2. Multi-Timeframe Analysis-
Main chart analysis with customizable lookback period
1M Wave View showing monthly perspective in a compact overlay
Daily data integration for current month analysis
Swing point detection with trend lines

3. Advanced Visualization-
Phase boxes with semi-transparent overlays
Critical event labels with anti-clutter spacing
Horizontal support/resistance lines (dynamic)
Zigzag trend lines for price structure
Comprehensive table showing current status and key events

4. Customizable Parameters-
Adjustable lookback period (20-300 bars)
Configurable volume spike multiplier
Customizable display options (labels, boxes, lines)
Adjustable zigzag sensitivity
Configurable wave view height and swing legs

Display Settings: Event labels, phase boxes, support/resistance lines
Visual Settings: Label size, transparency, offset percentage
Zigzag Settings: High/low length
Wave View Settings: Toggle, height percentage, swing legs

Color Scheme:
Phase A: Red
Phase B: Teal
Phase C: Blue
Phase D: Green
Phase E: Yellow
Bullish: Green
Bearish: Red

Alert System:
Critical event alerts: SC, AR, Spring, SOS, LPS, BC, UTAD, LPSY
Phase transition alerts: Markup phase entry ,Customizable alert conditions

How to Use-
For Beginners:
Apply the indicator to any chart
Enable "Auto-Detect Wyckoff Patterns"
Look for colored phase boxes (A-E)
Watch for critical event labels (SC, AR, Spring, etc.)
Check the table in top-right corner for current status

For Advanced Users:
Adjust lookback period based on trading timeframe
Modify volume multiplier for sensitivity
Customize display to reduce clutter
Use wave view for higher timeframe context
Set alerts for specific Wyckoff events

Unique Selling Points:
Comprehensive Detection: Covers all Wyckoff phases and critical events
Clean Visualization: Anti-overlap labeling, organized display
Multi-Timeframe: Combines current chart with monthly perspective
Educational: Helps learn Wyckoff methodology through visualization
Professional: Suitable for both retail and institutional analysis

Performance Notes:
Uses dynamic requests for multi-timeframe data
Includes max object limits to prevent performance issues
Efficient calculation methods for real-time analysis

Intended Users:
Price action traders
Wyckoff method practitioners
Market structure analysts
Swing traders and position traders
Educational purposes for learning market manipulation patterns

Works best on 4H,Daily,Weekly & Monthly Time frame
Suitable for all markets (stocks, forex, crypto, futures)

Support:
The indicator includes comprehensive tooltips and visual cues to help users understand each Wyckoff event and phase. The table provides quick reference to current market conditions and detected patterns.

This indicator transforms complex Wyckoff methodology into actionable visual signals, making institutional accumulation/distribution patterns accessible to all traders.

Disclaimer: This indicator is for educational purposes only. Always practice proper risk management and combine with your own analysis before making trading decisions. Happy trading.