OPEN-SOURCE SCRIPT

Scenario Screener — Consolidation → Bullish Setup

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The script combines multiple indicators to filter out false signals and only highlight strong conditions:

Consolidation Check

Uses ATR % of price → filters out stocks in tight ranges.

Uses Choppiness Index → confirms sideways/non-trending behavior.

Momentum Shift (Bullish Bias)

MACD Histogram > 0 → bullish momentum starting.

RSI between 55–70 → strength without being overbought.

Stochastic %K & %D > 70 → confirms strong momentum.

Volume & Accumulation

Chaikin Money Flow (CMF > 0) → buying pressure.

Chaikin Oscillator > 0 (debug only) → accumulation phase.

Trend Direction

+DI > -DI (from DMI) → buyers stronger than sellers.

ADX between 18–40 → healthy trend strength (not too weak, not overheated).

Breakout Filter (Optional)

If enabled, requires price to cross above 20 SMA before signal confirmation.

📈 Outputs

✅ Green label (“MATCH”) below the bar when all bullish conditions align.

✅ Background highlight (light green) when signal appears.

✅ Info Table (top-right) summarizing key values:

Signal = True/False

MACD, CMF, Chaikin values

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