No repaint of the newest bar
Only closed bars advance the state machine. The bar that just opened is never stepped and then re-written.
Wyckoff Indicators
Market structure, read the way the Wyckoff texts read it.
An event-stream state machine for accumulation and distribution, with condition blocks for StrategyQuant X and matching MetaTrader 5 indicators. Where the source text states a rule as a comparison, the code uses a comparison rather than an invented threshold. Includes 8 Wyckoff strategy templates and 17 book-pattern templates (breakouts, inside, pin and engulfing bars, 1-2-3-4 consolidation, opening reversal, round-number breaks and others), each with an example strategy.
Screenshot coming: The event stream on a MetaTrader 5 chart
Screenshot coming: The Wyckoff condition blocks in the Builder
The structure
A range is something that is tracked, not guessed
The event stream starts from a climax, anchors a trading range to it, and then tests every later bar against levels that were frozen before that bar printed. It emits signed event codes, an explicit A to E structural phase, the range zone, and the continuation context a range formed in.
- Events: preliminary support/supply, selling and buying climax, automatic reaction/rally, secondary test, spring and upthrust, the test of the shake, sign of strength/weakness, last point of support/supply and the back-up.
- Climax in four forms: the widest true range and heaviest volume of the move; a cluster of narrow high-volume bars; a long-tailed bar; and exhaustion that is only recognised by its reaction.
- Spring in three grades, by candle count and volume against the two preceding bars. Only the cleanest grade can be entered directly; the others wait for the test.
- Creek and Ice start at the automatic-rally and climax extremes and widen only while Phase B runs.
The indicators
What is in the box
| Indicator | What it answers |
|---|---|
AWWyckoffEventStream | Which Wyckoff event just printed, which phase is the structure in, where are the Creek and Ice, is this range a reaccumulation or redistribution, is the character of the range accumulative or distributive. |
AWWyckoffFailedStructure | Failed breakout and structural failure: a range that resolved and then did not hold. |
AWWyckoffSignificantBarInversion | A significant bar that flips a prior resistance or support level. |
AWShorteningOfThrust | Progress beyond the previous same-direction extreme on a run of new extremes, as a measure of fading thrust. |
AWCumulativeDelta family | Absorption and initiative detection, buy/sell-pressure regimes, divergences and control retests, as condition blocks. |
The Wyckoff indicators ship with an Institutional Indicators set: TWAP, a moving average with slope, divergence, money-flow, opening range, a 1-2-3-4 consolidation detector, support/resistance levels, structure break, round numbers and bar and chart patterns. Each family comes as Java blocks for SQX plus MetaTrader 5 export templates; MetaTrader 5 is the only supported export platform. They are included in this product’s licence.
Outputs
Twenty-nine outputs, mirrored as MT5 buffers
Event channels
EventCode, EventPhase (signed codes, 0 means no event), StructuralPhase (A to E, signed), EventPrice.
ZoneTop and ZoneBottom give the range being tracked.
Context channels
CHoCHTrendToRange, CHoCHRangeToTrend, the four sloped-structure buffers, and Reaccumulation / Redistribution: the continuation context the range formed in, frozen when the range opens.
Condition blocks cover close above or below Creek and range floor, crossings of each, entering accumulation or distribution, event-in-last-N-bars, and per-event tests such as buying climax, automatic rally and last point of support. Higher/lower/rising/falling/crosses variants exist for each indicator output.
Discipline
Choices that are easy to get wrong
Few numbers to tune
Most of the source’s rules are stated as comparisons, so they are coded as comparisons and not exposed as inputs. EventStream runs on five functional inputs plus two optional filters that are off by default.
Checked bar by bar
The compiled MT5 indicators are diffed against the Java blocks, bar by bar. On FX, last-digit floating-point ties mean the match is not bit-exact; we say so rather than round it away.
Limits, stated plainly
Wyckoff analysis is partly discretionary, and any encoding of it is an interpretation. The rules follow published Wyckoff texts; those texts are not included and this product is not affiliated with their authors. Whether a given structure carries edge on your instrument is exactly what the builder and robustness checks are for. We make no claim that it does.
Risk
Software output is not investment advice and says nothing about future results. Validate every strategy yourself before risking capital.