PROTECTED SOURCE SCRIPT
EMCT - Explosion Matrix / Candle Tech

Script Purpose
The "Explosion Matrix • Micro-Scalp Edition" is a highly aggressive 1-minute scalping indicator designed specifically for Bitcoin (and other crypto) trading. It detects three types of high-probability price action patterns in real time: reversal patterns (trend changes), continuation patterns (trend follow-through), and micro patterns (tiny scalp setups), with a special focus on visually highlighting strong rejection candles like Shooting Stars and Hammers.
Core Detection Logic
The script identifies classic and enhanced candlestick patterns (Shooting Star, Hammer, and large-body "John Wick" candles) by analyzing wick-to-body ratios, close position within the range, and candle size relative to ATR. It classifies each pattern as either reversal (against the trend) or continuation (with the trend) based on EMA alignment (8-21-50) and price position.
Trend & Momentum Context
Uses a triple EMA system (fast=8, mid=21, slow=50) to determine strong/weak trends. Momentum is checked via recent price direction. This context decides whether a rejection candle acts as reversal (at exhaustion) or continuation (pullback in strong trend).
Optional Confirmation Filters
Cumulative Volume Delta (CVD) Z-Score: measures aggressive buying/selling pressure; can be required for signals
Volume surge detection: filters for candles with significantly above-average volume
Scoring & Visual System
Each detected pattern receives a score (2–9+) based on strength, reversal/continuation type, and confirmation filters. Higher scores = brighter, larger, more opaque colored frames drawn around the candle(s). Frames are adaptive in size: largest for reversals, medium for continuations, smallest for micro signals.
Visual Output
Draws colored rectangular "explosion frames" directly on the chart around triggering candles. Labels show direction and type (REV↑, CON↓, ↑/↓) with optional score. Intensity-based coloring ranges from mild to extreme bull/bear.
Additional Features
Includes a separate CVD Z-Score subplot with threshold lines, customizable visual styles (Adaptive/Uniform/Minimal), and built-in alerts that fire separately for reversal and continuation patterns. Optimized for maximum detection frequency in fast-moving 1-minute crypto markets
The "Explosion Matrix • Micro-Scalp Edition" is a highly aggressive 1-minute scalping indicator designed specifically for Bitcoin (and other crypto) trading. It detects three types of high-probability price action patterns in real time: reversal patterns (trend changes), continuation patterns (trend follow-through), and micro patterns (tiny scalp setups), with a special focus on visually highlighting strong rejection candles like Shooting Stars and Hammers.
Core Detection Logic
The script identifies classic and enhanced candlestick patterns (Shooting Star, Hammer, and large-body "John Wick" candles) by analyzing wick-to-body ratios, close position within the range, and candle size relative to ATR. It classifies each pattern as either reversal (against the trend) or continuation (with the trend) based on EMA alignment (8-21-50) and price position.
Trend & Momentum Context
Uses a triple EMA system (fast=8, mid=21, slow=50) to determine strong/weak trends. Momentum is checked via recent price direction. This context decides whether a rejection candle acts as reversal (at exhaustion) or continuation (pullback in strong trend).
Optional Confirmation Filters
Cumulative Volume Delta (CVD) Z-Score: measures aggressive buying/selling pressure; can be required for signals
Volume surge detection: filters for candles with significantly above-average volume
Scoring & Visual System
Each detected pattern receives a score (2–9+) based on strength, reversal/continuation type, and confirmation filters. Higher scores = brighter, larger, more opaque colored frames drawn around the candle(s). Frames are adaptive in size: largest for reversals, medium for continuations, smallest for micro signals.
Visual Output
Draws colored rectangular "explosion frames" directly on the chart around triggering candles. Labels show direction and type (REV↑, CON↓, ↑/↓) with optional score. Intensity-based coloring ranges from mild to extreme bull/bear.
Additional Features
Includes a separate CVD Z-Score subplot with threshold lines, customizable visual styles (Adaptive/Uniform/Minimal), and built-in alerts that fire separately for reversal and continuation patterns. Optimized for maximum detection frequency in fast-moving 1-minute crypto markets
Mã được bảo vệ
Tập lệnh này được đăng dưới dạng mã nguồn đóng. Tuy nhiên, bạn có thể sử dụng tự do và không giới hạn – tìm hiểu thêm tại đây.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã được bảo vệ
Tập lệnh này được đăng dưới dạng mã nguồn đóng. Tuy nhiên, bạn có thể sử dụng tự do và không giới hạn – tìm hiểu thêm tại đây.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.