Turtle Soup 🐢

This indicator automatically detects and plots “false breakouts” (also known as the “Turtle Soup” pattern) of an initial price move—both in bullish and bearish scenarios. It’s based on identifying the first candle (B1), whether it’s bullish or bearish, and then looking for a quick price reversal that breaks below (or above) B1’s low (or high) before closing back inside its range.