Spezifikation
🔹 COMPLETE DEVELOPMENT ASSIGNMENT
Institutional Volume & Structure Indicator
Platform: MT5 (preferred) OR TradingView (Pine Script v5)
Type: Indicator only (NO EA, NO auto trading)
Purpose: Institutional analysis for manual trading & manual backtesting
1. GENERAL REQUIREMENTS
Indicator only (no orders, no strategy execution)
No repainting
Auto update + auto remove logic
Clean, modular, performance-safe code
User must be able to turn every feature ON/OFF
Default: important objects ON, failed objects OFF
Works on all symbols (Gold, FX, indices, etc.)
Uses broker’s own volume (no external data)
2. GLOBAL OBJECTS (VISIBLE ON ALL TIMEFRAMES)
These must appear on ALL charts (M1 → Monthly).
2.1 Weekly High & Low
Based on previous completed weekly candle
Wick-based (NOT body)
If price breaks previous high → Weekly High must shift immediately
If price breaks previous low → Weekly Low must shift immediately
Same values on all timeframes
Labels:
Weekly High → WH
Weekly Low → WL
Options:
Weekly High ON/OFF
Weekly Low ON/OFF
2.2 Monthly High & Low
Based on previous completed monthly candle
Wick-based
Auto shifting on new break
Same values on all timeframes
Labels:
Monthly High → MH
Monthly Low → ML
Options:
Monthly High ON/OFF
Monthly Low ON/OFF
3. FAIR VALUE GAP (FVG)
3.1 Daily FVG
Calculated ONLY on Daily candles
Lookback: ~1000 Daily candles (≈ 3 years)
Classic 3-candle FVG logic
Mitigation rule:
ONLY Daily candle BODY CLOSE
Lower timeframe closes must NOT mitigate
When mitigated:
Becomes dotted
Hidden by default
Optional setting to show mitigated FVGs
Options:
Daily FVG ON/OFF
Show mitigated Daily FVG ON/OFF
3.2 Weekly FVG
Calculated ONLY on Weekly candles
Lookback: ~500 Weekly candles
Mitigation ONLY by Weekly body close
Same behavior as Daily FVG
Options:
Weekly FVG ON/OFF
Show mitigated Weekly FVG ON/OFF
4. DEMAND & SUPPLY (STRICTLY VOLUME BASED)
4.1 Formation Rules (MANDATORY)
Demand Candle
Must be a bearish candle
Volume is lower than previous 2 candles
Next candle volume must be higher than demand candle
Supply Candle
Must be a bullish candle
Same volume logic (inverse direction)
4.2 Activation Rule (VERY IMPORTANT)
Demand / Supply is NOT active immediately.
Demand becomes ACTIVE only when:
BODY CLOSE above demand high
Supply becomes ACTIVE only when:
BODY CLOSE below supply low
❌ Wick close is NOT acceptable.
4.3 Failure Rule
Demand / Supply can fail ONLY after activation
Failure ONLY by BODY CLOSE
Wick penetration does NOT fail zones
5. DEMAND & SUPPLY – TIMEFRAME VISIBILITY
H1 & H4
Visible on ALL timeframes
Default ON
ON/OFF option required
M15
Default ON on M15
Default OFF on smaller TFs (M1, M3, M5)
Optional ON on smaller TFs
M30
Default ON on M30
Default OFF on smaller TFs (M15, M5, M3, M1)
Optional ON
M1, M3, M5
Visible ONLY on their own timeframe
Default ON
ON/OFF option required
Visual Style (Demand & Supply)
Drawn as boxes
Thin borders
Transparent fill (candles clearly visible)
Same color for all zones
Identification by text inside or near box:
“Demand M15”
“Supply H1”
6. CLIMAX (VOLUME BASED – STRICT)
Candle Type
Sell Climax → Bearish candle
Buy Climax → Bullish candle
Volume Lookback (Individual Comparison, NOT sum/average)
Timeframe
Lookback
M1
15 candles
M3
12 candles
M5
12 candles
M15
10 candles
M30
8 candles
H1
8 candles
H4
4 candles
Rule:
Climax candle volume must be higher than every individual candle in lookback.
7. AUTOMATED RALLY (AR)
Appears AFTER a climax (not necessarily immediate)
Can appear 1–2 candles later
Rules:
After Sell Climax → Bullish candle
After Buy Climax → Bearish candle
Volume ≥ 70% of climax volume
8. UPTHRUST & SHAKEOUT
Candle shape must be:
Hammer OR Inverted Hammer
Volume greater than previous 2 candles
Labels:
Shakeout → SO
Upthrust → UT
9. WYCKOFF (VISUAL ONLY)
Climax
AR
Range (Accumulation / Distribution)
Spring / Upthrust
Light grey visuals
Independent from volume logic
ON/OFF option required
10. SBC – SWEEP BASED CONFIRMATION
Buy SBC
Swing Low (L1)
Price makes center high
Wick sweeps below L1 (NO body close)
Candle BODY closes above center high
Invalidation:
Body close below L1
Sell SBC
Exact inverse logic
Display
Box-based
Label: SBC M5, SBC M15
Only shown on its own timeframe
Auto remove on invalidation
11. MSS – MARKET STRUCTURE SHIFT
Buy MSS
Swing Low (L1)
Structure Extreme High (SEH)
Body close below L1
Strong expansion
Body close above SEH
Sell MSS
Exact inverse logic
Rules:
Wick breaks NOT valid
Body close only
Box-based
Auto remove on invalidation
12. OPTIONS (MANDATORY)
MSS ON/OFF
SBC ON/OFF
Show FAILED MSS ON/OFF
Show FAILED SBC ON/OFF
Candle labels ON/OFF
Labels inside candle / above candle ON/OFF
13. FINAL NOTES
Everything must:
Auto update
Auto remove when invalid or mitigated
Default:
Active objects ON
Failed objects OFF
Indicator only (no EA logic)
Same logic must work on MT5 or TradingView
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