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Screener: Multi-Timeframe CRT / ORB [Yosiet]

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Are you tired of manually scanning dozens of charts across different timeframes, searching for that perfect reversal setup? What if you could have a system that does the heavy lifting for you, pinpointing high-probability reversal patterns across the entire market in real-time?

Several names for the same candlestick pattern: CRT, ORB, Morning Star, Evening Star, and others, but I'm not going to talk about it.

What is a Candle Retracement (CRT) Pattern?
For those who may be unfamiliar, the Candle Retracement pattern is a robust 3-candle setup that signals the potential exhaustion of a trend and the start of a reversal.

Bullish CRT:

  • Candle 1 (Signal): A significant bearish candle.
  • Candle 2 (Retracement): A candle that sweeps the lows of Candle 1 but closes within its body. This shows the sellers are overextended and losing momentum.
  • Candle 3 (Confirmation): A bullish candle that closes above Candle 2's close, confirming the reversal.


Bearish CRT:
  • Candle 1 (Signal): A significant bullish candle.
  • Candle 2 (Retracement): A candle that sweeps the highs of Candle 1 but closes within its body.
  • Candle 3 (Confirmation): A bearish candle that closes below Candle 2's close.


How This Screener Supercharges Your Trading
Manually finding these setups is time-consuming. This indicator automates the entire process, scanning up to four symbols across nine different timeframes—from the fast-paced 5-minute chart to the strategic weekly view.

Key Features:
  • Multi-Symbol, Multi-Timeframe Matrix: Get an instant, bird's-eye view of all CRT signals in a clean, easy-to-read table.
  • Customizable Logic: Fine-tune the pattern detection to your liking:
  • Lookback Period: How many bars back to search for patterns.
  • Min Candle %: The minimum body size of Candle 1, ensuring you only get significant signals.
  • Sweep %: The minimum required wick sweep of Candle 2, filtering for meaningful false breaks.


Visual & Alert System:
  • Clear Visuals: Green circles (🟢) for Bullish CRT and red circles (🔴) for Bearish CRT.
  • Proactive Alerts: Receive real-time pop-up and push notifications the moment a new pattern is confirmed on any timeframe.


Final Thoughts & Risk Management
The Multi-Timeframe CRT Screener is designed to be a cornerstone of your trading strategy, helping you find high-quality setups with efficiency. However, no indicator is infallible.

Always use confluence: Use the signals from this screener in conjunction with other factors like key support/resistance levels, volume, or momentum indicators.

Manage your risk: Always use a stop-loss. A good initial stop for a CRT pattern can be placed just beyond the extreme of Candle 1 (the low for bullish, high for bearish).

I hope you find this tool as invaluable in your trading as I have. I'm constantly working on improvements, so please feel free to leave your suggestions, comments, and questions below. If you find it useful, give it a like and share it with your trading community!

Happy Trading,
Yosiet

Pernyataan Penyangkalan

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