INVITE-ONLY SCRIPT
已更新 P3 Malaysian SNR 3-Candle Pattern
1 ∙ Core Concept
This indicator turns one of the oldest discretionary price-action ideas—“support & resistance role-reversal”—into a fully rule-based, multi-time-frame model.
It detects, marks and continuously tracks the three-candle structure that Malaysian price-action traders call the SNR 3-candle pattern:
Candle-1 sets the impulse:
bullish close → potential future resistance
bearish close → potential future support
Candle-2 immediately closes the opposite way, signalling absorption of the impulse.
Candle-3 closes in the same direction as Candle-2 and confirms the level.
The script then:
Locks the HTF price zone (high/low of Candle-3) with a horizontal level.
Colours only the first two pattern candles yellow on every timeframe so lower-TF traders can see precisely which bars created the HTF level.
What Makes It Original?
Most S/R scripts only draw one line; this overlay colours all lower-TF bars that live inside the HTF pattern, letting scalpers “zoom in” on HTF structure—an approach not found in open-source examples.
Pure Price-Action –
The logic uses only raw OHLC data; there are no MAs, RSI, BB, etc. This is not a re-skin of classic indicator code.
This indicator turns one of the oldest discretionary price-action ideas—“support & resistance role-reversal”—into a fully rule-based, multi-time-frame model.
It detects, marks and continuously tracks the three-candle structure that Malaysian price-action traders call the SNR 3-candle pattern:
Candle-1 sets the impulse:
bullish close → potential future resistance
bearish close → potential future support
Candle-2 immediately closes the opposite way, signalling absorption of the impulse.
Candle-3 closes in the same direction as Candle-2 and confirms the level.
The script then:
Locks the HTF price zone (high/low of Candle-3) with a horizontal level.
Colours only the first two pattern candles yellow on every timeframe so lower-TF traders can see precisely which bars created the HTF level.
What Makes It Original?
Most S/R scripts only draw one line; this overlay colours all lower-TF bars that live inside the HTF pattern, letting scalpers “zoom in” on HTF structure—an approach not found in open-source examples.
Pure Price-Action –
The logic uses only raw OHLC data; there are no MAs, RSI, BB, etc. This is not a re-skin of classic indicator code.
發行說明
alert added when 3 candle pattern presents
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