# PRZ Execution PRZ Execution is an indicator on [Vela](https://vela.luxalgo.com/chart), our next-generation charting platform, written in Pine Script®. Manages the test of a harmonic potential reversal zone from arrival to outcome: auto-projects a 0.786-0.886 completion window from the latest X-A-B-C swings or takes manual levels, grades the terminal price bar, confirms entries, and resolves each episode as a Type I reversal, Type II retest, invalidation or expiry. A status table tracks state and stop distance, with nine alerts along the way. - Indicator in the LuxAlgo Library, by LuxAlgo, published Apr 13, 2026. - Access: free. - Concepts: [PRZ Execution](https://www.luxalgo.com/library/concept/prz-execution/) (primary) - Open on Vela: https://vela.luxalgo.com/chart?pineScriptCodeId=p8fl4itgxxg0t4n57mavtxbk - Page: https://www.luxalgo.com/library/indicator/prz-execution/ **PRZ Execution** starts where pattern recognition stops, the first library tool for [PRZ execution](https://www.luxalgo.com/library/concept/prz-execution/), managing price from arrival in a potential reversal zone to a graded outcome. Auto mode projects a completion window past the latest X-A-B-C swings from XA ratios, plus a limiting level; Manual mode takes any measured zone. From first touch a state machine runs (test, terminal price bar, entry, resolution), tracked in a status table. ## How to Trade the PRZ Execution? - **Terminal price bar**: tests the whole zone and is graded on its close. Back toward structure is constructive, wide beyond it the classic warning; both alerted. - **Entry confirmation**: the default waits for terminal-bar rejection; Close back inside structure is earlier, First zone touch mimics a limit at D. - **Type I vs Type II**: a prompt reaction that stays clear of the zone is Type I; a retest that holds near the original extreme and rejects is Type II. Deep retests demand more evidence. ## PRZ Execution Settings - **Zone source** (default Auto (harmonic completion window)). - **Swing pivot length** (default 8): pivot confirmation bars. - **Completion ratio - near edge** (default 0.786) and **Completion ratio - far edge** (default 0.886). - **Invalidation ratio (limiting level)** (default 1.0): the void level (X for retracements). - **Manual - direction**, **Manual - zone edge A / B**, **Manual - invalidation level (0 = auto)**. - **Entry confirmation** (default Terminal bar rejection). - **ATR length** (default 14), **Wide bar threshold (x ATR)** (default 1.5), **Reaction distance (x zone height)** (default 2.0) and **Type I: bars clear of the zone** (default 10). - **Retest tolerance (x zone height)** (default 0.5), **Closes beyond limit to invalidate** (default 2), **Episode timeout (bars)** (default 100) and **Max acceptable stop distance (%)** (default 2.0): wider zones grade "too wide, pass". - Display toggles for labels, table, zone transparency. ## Frequently Asked Questions ### How does this relate to pattern detectors like the Crab? A [Crab®](https://www.luxalgo.com/library/concept/crab/) detector finds the five points and draws the completion zone; it does not say what to do when price arrives. This build owns that second half; manual mode manages a zone from any pattern. ### Why two closes to invalidate instead of one? Zones are routinely wicked through, so the limiting level voids the pattern only on decisive acceptance: consecutive closes beyond it. A violated zone is itself trend-strength information. ### What happens if the test never resolves? After the timeout an unresolved episode closes with an Expired tag. The build re-arms on the next qualifying sequence or, in manual mode, once price clears the zone again. --- Bat®, Crab®, Shark®, AB=CD® and 5-0® are registered trademarks of their owner, used here only to identify the patterns. LuxAlgo's tools are independent implementations and are not affiliated with or endorsed by the trademark owner. ## Related indicators - [Cypher](https://www.luxalgo.com/library/indicator/cypher/) (Elliott & Harmonics): markdown at https://www.luxalgo.com/library/indicator/cypher.md - [Harmonic Pattern Detection](https://www.luxalgo.com/library/indicator/harmonic-pattern-detection/) (Harmonic Patterns): markdown at https://www.luxalgo.com/library/indicator/harmonic-pattern-detection.md - [Half-Retracement Reversal Detector](https://www.luxalgo.com/library/indicator/5-0/) (5-0): markdown at https://www.luxalgo.com/library/indicator/5-0.md - [Measured Move Detector](https://www.luxalgo.com/library/indicator/abcd/) (ABCD): markdown at https://www.luxalgo.com/library/indicator/abcd.md - [Three Drive Pattern Detector](https://www.luxalgo.com/library/indicator/three-drive-pattern-detector/) (Three Drives): markdown at https://www.luxalgo.com/library/indicator/three-drive-pattern-detector.md - [Potential Reversal Zone](https://www.luxalgo.com/library/indicator/potential-reversal-zone/) (Elliott & Harmonics): markdown at https://www.luxalgo.com/library/indicator/potential-reversal-zone.md - [Anti-patterns](https://www.luxalgo.com/library/indicator/anti-patterns/) (Elliott & Harmonics): markdown at https://www.luxalgo.com/library/indicator/anti-patterns.md - [RSI BAMM](https://www.luxalgo.com/library/indicator/rsi-bamm/) (Elliott & Harmonics): markdown at https://www.luxalgo.com/library/indicator/rsi-bamm.md --- Source: https://www.luxalgo.com/library/indicator/prz-execution/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/