OPEN-SOURCE SCRIPT

bezgincan_BPA

59
Integrated Market Analyzer (V6) - [H+T+V+M]
Why?
This is an advanced oscillator powered by the v6 engine that combines the four main pillars of technical analysis —Volume, Trend, Volatility , and Momentum —into a single mathematical model. It eliminates chart clutter, allowing you to monitor market strength, speed, and saturation from a single panel.

Fourfold Analysis Logic:
Trend: Calculates the main direction and slope of the price using linear regression slope.

Momentum: Measures the strength of price movement using RSI-based normalized momentum data.

Volatility: Compares current volatility to historical averages via the ATR ratio.

Volume: By relating volume increases to momentum, it confirms the reality of the motion.

How to Use?
The display operates on a fixed, normalized scale between -100 and +100 :

Zero Line Intersections: When the BPA line crosses above 0 (Green Area) , it indicates increased buying pressure, and when it crosses below 0 (Red Area), it indicates increased selling pressure.

Extremes (Yellow Background): When the indicator rises above +70 or falls below -70 , it means the market is "overheated". These zones signal that the trend is exhausted and a correction (or profit-taking) may be imminent.

Signal Labels: The triangles on the chart represent zero-line intersections (trend reversal confirmation).

Why this indicator?
Normalized Scale: Unlike classic indicators, it always stays within the -100/+100 range, providing visual consistency.

Filtered Data: It doesn't just look at price; it incorporates volume and volatility to help filter out "fake" patterns.

Pine Script v6: Performs fast and optimized calculations with the latest Pine Script engine.

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