STC Advanced Signals with Early Warnings [Overlay]

🧠 STC Advanced Signals with Early Warnings [Overlay] – Indicator Description

Purpose:
The “STC Advanced Signals” indicator is designed for active traders (day traders, scalpers, swing traders) who require early signal detection without relying solely on one single indicator. It offers a combination of momentum shifts, candlestick confirmation, and visual guidance for high-quality trade setups.

🔍 Core Components
1. Early Warning Arrows (Orange)
Detected using pivot logic based on the internal STC oscillator curve.

Appear 1–3 bars before potential trend shifts.

Warning only – no execution signal yet.

Can alert traders to prepare for setups in advance.

2. Confirmed Signals (Gold Arrows)
Appear after threshold breakouts of the STC oscillator:

Up Arrow: STC crosses above thresholdUp (default: 25).

Down Arrow: STC crosses below thresholdDown (default: 75).

These are execution-level signals and often indicate momentum breakout or reversal confirmation.

3. Tiny Pre-Confirmation Circles (Yellow)
Optional component (can be toggled on/off).

Visualize potential micro-cycles before full signal confirmation.

Useful for anticipating trend continuation or delay.

4. Candlestick Pattern Recognition
Auto-detects 5 reliable patterns, printed one bar after confirmation:

HA = Hammer

SS = Shooting Star

DJ = Doji

EB = Engulfing Bullish

ES = Engulfing Bearish

Labels are plotted above candles and the bar is highlighted yellow.

Ideal for confirming signals via price action structure.

🧰 Chart Setup Recommendations
Best used on M5, M15 (Scalping/Intraday), or H1 (Swing).

Suggested workflow:

Observe orange Early Warning arrow

Wait for confirmed yellow/gold arrow

Confirm with candlestick pattern

Optionally add volume, trend filters (e.g., EMA200)

📊 Technical Notes
This script does not display the STC line itself.

To view the oscillator line (ranging 0–100), add the companion script:
➤ STC Oscillator [Panel]
This panel-based indicator must be attached in a separate sub-window and mirrors the official cTrader STC calculation.

🛡 Risk Management Suggestions
Always use stop loss: e.g., below hammer low.

Max 0.5% account risk per trade.

Combine multiple signals before executing.

Avoid trading during high-impact news unless backtested.