CandelaCharts - CRT Model

22 mars

📝 Overview

Candle Range Theory (CRT) is a framework that treats every candle as a tradable range. A candle defines high/low, the next candle often sweeps one side (manipulation), reclaims back inside, and distributes toward the opposite side with 50% of the range as a common first target.



It posits that each candlestick represents a distinct range of price action, defined by its high, low, open, and close, and that price movements are structured within these ranges.

📦 Features

• Timeframe Pairing: This indicator highlights movements on lower timeframes within higher timeframe candles, providing insights into micro trends, structural changes, and potential entry points.
  
• Bias Selection: This feature allows analysts to manage bias and identify setups, displaying bullish, bearish, or neutral models that align with higher timeframe trends.
  
• Double Purge Sweeps: A double purge is a type of sweep where the price breaks both the high and low of the previous candle (through the wicks) before closing within the range of that same candle.
  
• CRT Times: Times when high-probability CRTs occur.
  
• HTF Candles: The CRT Model is rooted in the ICT Power of Three, assisting traders in identifying key turning points and market transitions across multiple timeframes.
  
• Auto-bias: Identify models using the HTF candle bias
  
• Dashboard: Create a customizable table that displays key details such as timeframe pairing, time to next candle close, bias, and time filter settings.
  
• Any Market: Ideal for all markets - stocks, forex, crypto, futures, commodities and more - delivering consistent results and insights across diverse trading environments.
  

⚙️ Settings

Core

• Status: Filter models by status — All, Successful, Invalidated, or Active.
  
• Real-time Models: Enable models formed and shown in real-time (before HTF candle close).
  
• Bias: Choose model bias — Automatic, Neutral, Bearish, or Bullish.
  
• Fractal: Select timeframe pairing like 1m - 15m, 4H - 1W, or Custom.
  
• Custom Fractal TFs: Set LTF (e.g. 5) and HTF (e.g. 60) timeframes.
  
• Model Labels: Show model labels (C1, C2, etc.) and choose label size and background color.
  
• Exclude Non-profitable: Hide models deemed non-profitable based on CISD position.
  

Sweep

• Sweep Line: Show model sweep lines with style, width, and color.
  
• Sweeps with CISD: Filter sweeps that are linked with CISD models.
  
• Invalidated Sweeps: Show invalidated sweeps (I-sweep), including LTF and HTF options.
  
• D-purge Sweeps: Display double purge sweeps with customization options.
  

CISD

• CISD Line: Display CISD (Change in State of Delivery) on the chart with style, width, and length.
  
• CISD Colors: Set line colors for Bullish and Bearish CISD.
  

CRT

• Box High/Low: Show CRT box high/low with style, width, and color for bullish, bearish, and current.
  
• High/Low Mean: Enable the mean line of the CRT H/L range with line customization and color.
  
• CRT Labels: Show CRT box labels and choose label size.
  
• Hide Overlapped: Option to hide overlapping CRT boxes.
  

History

• Model History Lookback: Define how many past CRT models to retain and show.
  

Time

• 2-3-4: Filter models based on 2-3-4 AM hours.
  
• 7-8-9: Filter models based on 7-8-9 AM hours.
  
• 8-9-10: Filter models based on 8-9-10 AM and PM hours.
  
• 1-5-9: Filter models based on 1-5-9 AM and PM hours.
  
• 2-6-10: Filter models based on 2-6-10 AM and PM hours.
  
• Custom: Filter models based on a user-defined custom session.
  

HTF

• Show Candles: Display HTF candles with number, colors, and spacing.
  
• Offset: Adjust the HTF candle offset from the current chart.
  
• Space: Adjust the HTF candle spacing.
  
• Size: Choose HTF candle size (e.g., Small, Large).
  
• Labels: Show HTF candle labels with size and color options.
  
• Open Trace Line: Show line for HTF open with style, width, and color.
  
• True Day Open: Toggle display of TDO line.
  
• PD Array: Enable and configure HTF PD arrays (FVG, IFVG), with style, color, threshold, line, and border.
  

LTF

• High/Low Lines: Show H/L lines with line style, width, and color.
  
• Open/Close Lines: Show O/C lines with style, width, and color.
  

Dashboard

• Information Panel: Toggle visibility and choose position.
  
• Display Mode: Select between Pro or Stack display layout.
  

Alerts

• Model Formed: Alert when a model is formed.
  
• Model Completed: Alert when a model is successfully completed.
  
• Model Invalidated: Alert when a model becomes invalid.
  
• Sweep: Alert on sweep events.
  
• D-purge: Alert on double purge events.
  

💡 Framework

The CRT Model is designed to analyze and interpret price action patterns through various components, each of which plays a critical role in identifying market trends and providing actionable insights.

The model incorporates the following timeframe alignments:

• 15s - 5m
  
• 1m - 15m
  
• 2m - 20m
  
• 3m - 30m
  
• 5m - 1H
  
• 15m - 4H
  
• 30m - 12H
  
• 1H - 1D
  
• 4H - 1W
  
• 1D - 1M
  
• 1W - 3M
  

Below are the key components that make up the model:

• Sweep
  
• D-purge
  
• CISD
  
• Mean
  
• CRT H/L
  

The CRT Model follows a specific lifecycle, which highlights the current state of the model and determines whether a trade opportunity is valid.

The model's lifecycle includes the following statuses:

• Formation (grey)
  
• Invalidation (red)
  
• Success (green)
  

By utilizing the phases of Formation, Invalidation, and Success, traders can efficiently manage their positions, reduce risk, and take advantage of high-probability setups offered by the CRT Model.

Trading Candle 2 (The Reversal)

Use Candle 2’s wick, body, and context to judge whether the next leg trends or mean-reverts.

Expansion vs. reversal

• Expansion candle: Small wicks, strong body, one-way momentum.
  
• Reversal (Candle 2): Drives opposite, prints a long opposing wick, closes near open—context decides if it’s tradable.
  

Key idea: Small wicks favor continued expansion; large wicks often cap expansion because the range was “spent” building the wick.

Why wick size matters

• Small-wick reversal: More “runway”—target prior highs/lows, liquidity pools, standard-deviation projections.
  
• Large-wick reversal: Range consumed—expect mean-reversion toward the open or session extremes.
  

Think of wick size as a fuel gauge: less wick → more potential.

Trading Candle 3 (The Continuation)

Candle 2 flips bias; Candle 3 aims to capture the follow-through (Candle 4 often offers secondary continuation).

Wick size on Candle 2 decides the play:

• Small wick → you can trade Candle 2 directly.
  
• Large wick → let Candle 2 close and trade Candle 3 instead.
  

Avoid chasing weak continuations:

• If Candle 2 has already expanded hard, Candle 3 can become a chase into retrace/chop.
  
• Demand extra LTF confluence: protected swings, SMT divergence, and multiple continuation cues aligning.
  

⚡️ Showcase

Introducing the CRT Model is a powerful trading tool designed to elevate your market analysis and boost your trading success. Built with precision and advanced algorithms, this indicator helps you identify key trends, potential entry and exit points, and optimize your strategy for better decision-making.

Bearish Models


Bullish Models


Active Models


HTF PD Arrays


Lead with context, not the pattern: set a clear higher-timeframe bias, then sync the intermediate and lower timeframes to it.

🚨 Alerts

This script offers alert options for all model types. The alerts need to be set up manually from TradingView.

The CRT Model supports the following alert types, each designed to signal key moments in the model’s development and execution:

• Model Formation: Signals the initial setup of the CRT Model with a bullish (+B) or bearish (-B) bias, indicating a potential trade opportunity is developing.
  
• Model Successful: Confirms that the CRT setup has played out successfully.
  
• Model Invalidated: Indicates the model has failed or been broken.
  
• Model Sweep: Alerts when a liquidity sweep occurs during model formation.
  
• Model D-Purge Sweep: Occurs when a single candle is swept on both sides (high and low).
  

⚠️ Disclaimer

These tools are exclusively available on the TradingView platform.

Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.

By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.

We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.

By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.

22 mars

Notes de version

CandelaCharts - CRT Model 1.0.1

• Remove Debug
  

23 mars

Notes de version

CandelaCharts - CRT Model 1.0.2

• Enable history filtering by CRT Time.
  
• Enhance Dashboard
  

23 mars

Notes de version

CandelaCharts - CRT Model 1.0.3

• Fix a visual bug
  

25 mars

Notes de version

CandelaCharts - CRT Model 1.0.4

• Improve detection
  

2 avr.

Notes de version

CandelaCharts - CRT Model 1.0.5

• Add support for dark mode
  
• Add real-time setting
  

5 avr.

Notes de version

CandelaCharts - CRT Model 1.0.6

• Assign a distinct label to each model (Current, History, and Realtime)
  
• Enhance and distinguish current models from real-time models.
  
• Bug fixing
  

5 avr.

Notes de version

CandelaCharts - CRT Model 1.0.7

• Show the invalidated sweep for the real-time model that has been invalidated.
  

9 avr.

Notes de version

CandelaCharts - CRT Model 1.0.8

• Fix drawing of historical means on HTF
  

17 avr.

Notes de version

CandelaCharts - CRT Model 1.0.9

• Fix timeframe alignment inconsistencies
  
• Introduce a new alerts feature
  
• Bug fixing
  

17 avr.

Notes de version

CandelaCharts - CRT Model 1.0.10

• Enhance tooltip alerts with descriptive content
  

22 avr.

Notes de version

CandelaCharts - CRT Model 1.0.11

• Fix typos in Alerts
  

20 mai

Notes de version

CandelaCharts - CRT Model 1.0.12

• Reorganize inputs
  
• Bug fixing
  

29 mai

Notes de version

CandelaCharts - CRT Model 1.0.13

• Fix HTF Sweep bug
  
• Fix typo
  

20 juin

Notes de version

CandelaCharts - CRT Model 1.0.14

• Improve alerts
  
• Fix dashboard timeframe labels (1D, 1W, etc)
  
• Bug fixing
  

il y a 5 jours

Notes de version

CandelaCharts - CRT Model 1.0.15

• Revamp the script UI and logic
  
• Add auto-bias
  
• General bug fixing