MarketDominance

Short description (marketplace listing, ~400 chars)

MarketDominance visualizes intraday market control by accumulating candle bodies from the session start. Every bar is classified as Bullish, Bearish or Doji and "poured" into green/red bottles on an on-chart panel — the taller the bottle, the stronger the side's dominance. Includes doji detection with wick analysis, Big/Normal bar classification (ATR or average body), 90-day historical averages, and a color-coded dominance footer. Fully customizable, works in the Strategy Tester.

Full description

MarketDominance — Who controls the session?

MarketDominance is an analytical indicator that answers one simple question in real time: is the current trading session controlled by buyers or sellers?

Instead of showing raw price, it uses a simple, transparent model: from the session start, every closed bar is classified and its candle body is accumulated on the side of the winner — like filling a bottle with water of the same color.

• Bullish bars (close > open) → their body is added to the green bottle
• Bearish bars (close < open) → their body is added to the red bottle
• Doji bars → counted, but produce no accumulation (they are marked with a small dot above the candle)

No wicks, no subtraction, no repainting — just pure body accumulation with the same rules every time.

How a bar is classified

1. Bullish — close is above open
2. Bearish — close is below open
3. Doji (either rule):
   • Rule 1: body is small (≤ doji body, in price units) AND the body is not dominant (≤ max % of the candle range)
   • Rule 2: both wicks exist, are almost equal (|upper wick − lower wick| ≤ doji wick), AND the body is small and not dominant

Big / Normal

Each non-doji bar is additionally marked Big or Normal using your chosen method:

• ATR method — body ≥ N × ATR(period)
• Average body method — body ≥ N × average body(period)

90-day averages

The panel shows the average number of Bullish / Bearish / Doji bars per trading day over the last 90 days (configurable), computed with the same classification rules — so you can instantly compare today's activity to the recent norm.

Session handling

• Counts start at the configured session start time (hour/minute, server time) and reset when the new session produces its first bar.
• On weekends/holidays the panel keeps showing the last completed session's results.

On-chart panel

• Session start time and total bar count with Bull/Bear/Doji breakdown
• Bullish / Bearish totals and Big/Normal split
• Three "bottle" bars (BULL / BEAR / DOJI) with live fill height
• 90-day averages block with today's comparison
• Color-coded footer: DOMINANCE: BULLISH / BEARISH / EVEN + net body difference and percentage split

Benefits

• ✅ Simple and transparent — no black-box math, every value is explained
• ✅ No repainting — closed bars only; stable signals and panel values
• ✅ Full customization — timeframe, session start, doji thresholds, colors, corner, fonts
• ✅ Works in the Strategy Tester (visual mode) for backtesting analysis
• ✅ Lightweight — zero indicator buffers, no external dependencies
• ✅ Chart object based — the panel is fully separate from the price scale

Input parameters