PROTECTED SOURCE SCRIPT

[PH] Consensus and Heikin Ashi Bridge(Set 1/2)

22

  • **[PH] Consensus and Heikin Ashi Bridge (Set 1/2)**
    This indicator compares a Renko-based **Consensus Line** with a multi-timeframe Heikin-Ashi midpoint called **ovMid2 (p2)**.
    It visualizes the gap between them using **Bridge Lines**, helping identify potential **trend continuations or reversals**.
    ---
    ✳️ Key Features
    - ✅ **Consensus Line** – A dynamic trend line calculated from multiple Renko box sizes
    - ✅ **ovMid2 (p2)** – A midpoint derived from the high/low structure of three Heikin Ashi timeframes
    - ✅ **Bridge Line** – Visualizes the gap (divergence) between Consensus and ovMid2
    - ✅ **Gap Dynamics** – Highlights the widening (trend strength) or narrowing (reversal risk) of the gap
    ---
    📈 How to Use
    If the gap **continues to widen** → possible **trend continuation**
    If the gap **suddenly narrows** → potential **pullback or reversal**
    The bridge lines offer a clear and intuitive view of structural divergence between the two price frameworks
    ---
    ⚠️ This script does **not generate standalone trading signals**.
    It is best used as a **supporting tool** in conjunction with other indicators or strategies.
    ---
    **Disclaimer**
    This script does **not provide financial advice or guaranteed returns**.
    All trading decisions are the sole responsibility of the user.
    Please **backtest thoroughly** before using it in a live environment.
    *Use at your own risk. No guarantees or recommendations are made.*

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。