# Belt Hold Belt Hold is an indicator on [Vela](https://vela.luxalgo.com/chart), our next-generation charting platform, written in Pine Script®. Belt Hold scans for bullish and bearish belt hold candles: a long real body opening at, or essentially at, its session extreme against a 14-bar trend and closing at least halfway into the prior candle's range. Each pattern is labeled, its opening extreme extends forward as a dashed invalidation level, and optional next-bar confirmation tightens the signal. - Indicator in the LuxAlgo Library, by LuxAlgo, published Jul 18, 2026. - Access: free. - Concepts: [Belt Hold](https://www.luxalgo.com/library/concept/belt-hold/) (primary) - Open on Vela: https://vela.luxalgo.com/chart?pineScriptCodeId=yoxvhq83q1uu4144vjdxmtre - Page: https://www.luxalgo.com/library/indicator/belt-hold/ **Belt Hold** detects the [belt hold](https://www.luxalgo.com/library/concept/belt-hold/) candlestick (a one-candle line opening at one extreme of its range and closing hard toward the other), with each textbook requirement encoded as a measurable test, the pattern's first faithful build in the library. Detection requires counter-trend context (the prior close beyond a 14-bar average), a real body at least 1.2× the recent average, a shaved open within tolerance, a limited closing shadow, and a close reaching well into the previous candle's range. Each hit is labeled, and its opening extreme extends forward as the natural invalidation level. ## How to Trade the Belt Hold? - **Bullish Belt Hold label**: after a decline, the session opened essentially at its low and closed strongly higher. Buyers controlled it from the first print. - **Bearish Belt Hold label**: the mirror after an advance, opening at the session high and closing strongly lower. - **Invalidation level breached**: price traded back through the opening extreme. The rejection failed, the level turns dotted and dim, and a dedicated alert fires. ## Belt Hold Settings - **Trend Length** (default 14): average establishing the trend the candle prints against. - **Body Average Length** (default 14): bars averaged to define a long real body. - **Long Body Multiplier** (default 1.2): minimum body versus that average. - **Opening Shadow Tolerance %** (default 5): largest shadow allowed on the opening side. - **Closing Shadow Tolerance %** (default 25): shadow allowed at the closing end. - **Prior Range Penetration %** (default 50): reach of the close into the prior candle's range. - **Require Gap Open** (default disabled): restrict detection to the ideal gapping form. - **Next-Bar Confirmation** (default disabled): mark only follow-through patterns, one bar later. - **Invalidation Levels** (default enabled) with **Show Last Levels** (default 8) capping how many stay drawn. - Style toggles cover labels, candle highlighting, and the trend basis plot. ## Frequently Asked Questions ### How is a belt hold different from a marubozu? A [Marubozu](https://www.luxalgo.com/library/indicator/marubozu/) leaves no shadow at either end and reads as raw strength wherever it prints. The belt hold only demands a shaved open, tolerates a small closing shadow, and must print against a preceding move: a reversal line, not a momentum bar. ### Should I wait for next-bar confirmation? Common practice is yes: wait for the next session to close the pattern's way before acting. The toggle is off by default so raw lines appear immediately; Confirmed alerts fire regardless. ### What invalidates the signal? Trade back through the belt hold's opening extreme, the level this build extends forward. Beyond it the rejection that defined the candle has failed. ## Related indicators - [On-neck / In-neck / Thrusting](https://www.luxalgo.com/library/indicator/on-neck-in-neck-thrusting/) (Chart & Candlestick Patterns): markdown at https://www.luxalgo.com/library/indicator/on-neck-in-neck-thrusting.md - [Rising/falling Three Methods](https://www.luxalgo.com/library/indicator/rising-falling-three-methods/) (Chart & Candlestick Patterns): markdown at https://www.luxalgo.com/library/indicator/rising-falling-three-methods.md - [Swing Highs/Lows & Candle Patterns](https://www.luxalgo.com/library/indicator/swing-highs-lows-candle-patterns/) (Hammer): markdown at https://www.luxalgo.com/library/indicator/swing-highs-lows-candle-patterns.md - [Reversal Candlestick Structure](https://www.luxalgo.com/library/indicator/reversal-candlestick-structure/) (Hammer): markdown at https://www.luxalgo.com/library/indicator/reversal-candlestick-structure.md - [Candlestick Structure](https://www.luxalgo.com/library/indicator/candlestick-structure/) (Doji): markdown at https://www.luxalgo.com/library/indicator/candlestick-structure.md - [Evening Star](https://www.luxalgo.com/library/indicator/evening-star/) (Chart & Candlestick Patterns): markdown at https://www.luxalgo.com/library/indicator/evening-star.md - [Hanging Man](https://www.luxalgo.com/library/indicator/hanging-man/) (Chart & Candlestick Patterns): markdown at https://www.luxalgo.com/library/indicator/hanging-man.md - [Candlestick Channels](https://www.luxalgo.com/library/indicator/candlestick-channels/) (Hammer): markdown at https://www.luxalgo.com/library/indicator/candlestick-channels.md --- Source: https://www.luxalgo.com/library/indicator/belt-hold/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/