Shadow System Candles
FREE
Published:
5 January 2026
Current version:
1.30
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Version 1.30
2026.03.10
⚠️ [Update v1.3] Added Professional Defense Filters with Real-time HUD
This tool has evolved from a simple trend indicator into a visual representation of "Professional Market Context."
To eliminate false breakouts and overextended entries that ruin your win rate, the candles will now be forced to turn "Gray (Do Not Enter / Wait)" when the price enters the following danger zones.
[3 Defense Protocols]
Range Phase Defense:
If the ADX falls below the threshold (default 20), indicating a lack of momentum, the candles remain gray to protect you from choppy, sideways markets.
Overextended Defense:
If the price spikes and deviates more than "3 times the average ATR" from the MA, it turns gray to prevent you from buying at the top or selling at the bottom (FOMO entries).
Macro 200EMA Defense:
Completely blocks signals within a specified distance (default 50 points) of the 200EMA (a high-risk reversal area) and prevents trading against the macro trend dictated by the 200EMA.
📊 Real-time HUD (Status Monitor)
A real-time text display has been added to the top left of the chart. It explicitly tells you why the candles are currently gray (e.g., "BLOCKED: Too close to 200EMA"). You will instantly know why the system is protecting you from a dangerous trade.
This tool has evolved from a simple trend indicator into a visual representation of "Professional Market Context."
To eliminate false breakouts and overextended entries that ruin your win rate, the candles will now be forced to turn "Gray (Do Not Enter / Wait)" when the price enters the following danger zones.
[3 Defense Protocols]
Range Phase Defense:
If the ADX falls below the threshold (default 20), indicating a lack of momentum, the candles remain gray to protect you from choppy, sideways markets.
Overextended Defense:
If the price spikes and deviates more than "3 times the average ATR" from the MA, it turns gray to prevent you from buying at the top or selling at the bottom (FOMO entries).
Macro 200EMA Defense:
Completely blocks signals within a specified distance (default 50 points) of the 200EMA (a high-risk reversal area) and prevents trading against the macro trend dictated by the 200EMA.
📊 Real-time HUD (Status Monitor)
A real-time text display has been added to the top left of the chart. It explicitly tells you why the candles are currently gray (e.g., "BLOCKED: Too close to 200EMA"). You will instantly know why the system is protecting you from a dangerous trade.
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