Price Action All In One

The Price Action All In One indicator provides a comprehensive suite of price action analysis tools, incorporating gaps, bar counting, multiple moving averages, previous values, and advanced IO pattern matching into a single workspace.

Usage

This tool serves as an all-encompassing dashboard for traders following price action methodologies. It is particularly effective on intraday timeframes (like the 5-minute) to track market structure and momentum.

Gaps and Strength

• Traditional Gaps: Identifies when the current bar's range is entirely beyond the previous bar's range.
• Shadow/Tail Gaps: Highlights gaps between the current bar and the second preceding bar. Consecutive gaps typically signal strong trend momentum where limit orders are being trapped.

Time-Based Bar Counting

The bar index feature tracks the number of candles within a specific session or timeframe. This helps intraday traders identify key reversal windows (like the session midpoint) or anticipate the close of higher timeframe candles (e.g., every 12th candle on a 5-minute chart represents an hourly close).

Advanced Pattern Matching

The indicator tracks Inside-Inside (II), Outside-Outside (OO), and Inside-Outside-Inside (IOI) patterns. These are often indicators of breakout potential or terminal trend flags. The script intelligently merges consecutive patterns (e.g., II followed by another inside bar becomes III).

Details

The indicator is built on several key implementation concepts:

• Gap Logic: Beyond simple price gaps, the script can differentiate between Opening, Wick, and Body gaps to filter for specific types of volatility.
• Multi-Timeframe Integration: EMAs and Previous Values (High/Low/Close) can be fetched from higher timeframes without switching charts, allowing for a "top-down" view on a single screen.
• Pattern Merging: Unlike standard pattern indicators, this script merges adjacent identical patterns into extended strings (IIII, OOO) to signify increasing compression or expansion.

Settings

Gap Series

• Open/Wick/Body: Toggle different gap types and customize their bullish/bearish colors.
• Except Open/Wick: Refine gap detection by excluding overlaps from previous gap categories.

Bar Index

• Timeframe: Set the interval for the bar counter reset (e.g., Daily).
• Step/Offset: Adjust which numbers are displayed and where the count begins.

Moving Average

• EMA 1/2/3: Configure three independent Exponential Moving Averages with custom timeframes, lengths, and sources.

Previous Values

• Display Mode: Choose between 'Today' (current session only), 'TimeFrame', or 'All' history.
• 1st/2nd/3rd Source: Set the specific data point (High, Low, Close, etc.) and timeframe for historical levels.

I & O Bar

• Use OO/II/IOI: Toggle specific price action patterns.
• Label Size/Color: Customize the visual appearance of pattern labels.

FAQ

How do I use the bar counter for 15-minute signals?

If you are on a 5-minute chart, set the Bar Index step to 3. This will highlight every 3rd candle, marking the close of a 15-minute period.

Can I see weekly levels on a daily chart?

Yes, by setting one of the 'Previous Values' timeframes to 'W' (Weekly) and selecting the desired source (e.g., High or Low).

How can I access the Price Action All In One?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.