Accumulation Phase Detector

Clean Accumulation Phase Indicator — Description
This TradingView indicator visually identifies the Accumulation Phase in price action, based on the Wyckoff methodology and volume-price analysis. The Accumulation Phase is where insiders or "smart money" gradually build positions before a significant price breakout.

Key Features:

Range Detection: The indicator calculates a price range over a configurable period (Range Length). It marks this range on the chart with red horizontal lines representing support and resistance.

Volume Spike Identification: It detects unusually high volume relative to the average volume over the same period (Volume Spike Multiplier). These spikes highlight potential insider buying activity.

Accumulation Phase Highlighting: When price action remains within the detected range and volume spikes occur, the indicator considers the market to be in an accumulation phase. Volume bars during this phase are colored blue for easy visualization.

Campaign Start & End Labels: The indicator places a "Campaign starts" label at the beginning of the accumulation phase and a "Campaign ends - warehouse full" label when the accumulation ends. This mimics the idea that insiders fill their “warehouses” before a breakout.

Breakout Detection: Once accumulation ends, the indicator monitors for a price breakout above the resistance level and places a "Breakout" label at the breakout bar.

How to Use:

Adjust the Range Length and Volume Spike Multiplier inputs to suit the timeframe and instrument you’re analyzing.

Watch for the blue volume bars within the red range lines to identify the accumulation phase.

Use the campaign labels to identify when the phase starts and ends.

Watch for the breakout label as a potential entry signal.