PCCE + False Breakout Detector Type: Invite-Only Indicator (closed source) Purpose: Detect price compression and the first expansion after it, while flagging failed breakouts (bull/bear traps) for risk control. 1) What’s original here! This tool integrates three behaviour-driven tests that work in a single decision flow: A compression score built from: (a) monotonic body shrink, (b) wick-dominance, and (c) relative range contraction versus history. This is not a bands/oscillator port; it’s a structure-first filter that isolates coils. A thrusted expansion requirement that combines real-body impulse and relative-volume participation (+ optional EMA alignment) to qualify a breakout beyond the coil envelope. An immediate post-breakout failure test (trap logic) that checks whether the breakout re-enters the prior swing range within a short window. Used together, these steps turn raw breaks into contextual, risk-aware events: setup → trigger → validation. That is the value of the combination. ⸻ 2) Concepts behind the calculations: Let body_t = |close_t − open_t|, uw_t = high_t − max(open_t, close_t) (upper wick), lw_t = min(open_t, close_t) − low_t (lower wick), R_t(k) = highest(high, k)_t − lowest(low, k)_t (range over k bars), MA_body(k) = SMA(body, k), MA_vol(k) = SMA(volume, k). 2.1 Compression (coil) detection We evaluate within a window k = coilLength: • Body shrink count: number of consecutive steps where body_(t−i) < body_(t−i−1). • Wick dominance: AvgWickBody = avg( (uw + lw) / body ) over the window; require AvgWickBody > wickRatioMin. • Relative range contraction: current R_t(k) must be less than α × avg( R_(t−j)(k) ) computed over a lookback of rangeWindow windows, with α < 1 (tight market). When all three are true, we mark a coil zone; the coil bounds are High_coil = highest(high, k), Low_coil = lowest(low, k). 2.2 Expansion (“Burst”) confirmation A breakout is only qualified when all hold on bar close: • Direction: close > High_coil → up; close < Low_coil → down. • Body thrust: body_t > MA_body(k) × bodyMult. • Participation: volume_t > MA_vol(k) × volumeMultiplier. • Trend alignment (optional): close_t > EMA(emaLen) for up / < EMA for down. • Cooldown: t − lastSignal > cooldownBars. If satisfied, print Burst↑ or Burst↓ on that bar. 2.3 Failed breakout (trap) detection Let H_s and L_s be the prior swing high/low from a lookback rangeLookback (excluding the current bar). Define: • Bull break attempt: a bar that closed above H_s. Bull trap: within fakeoutBars bars after that attempt, any close returns below H_s. Mark ❌ red above that bar. • Bear break attempt: a bar that closed below L_s. Bear trap: within fakeoutBars bars after that attempt, any close returns above L_s. Mark ❌ green below that bar. Alerts fire on bar close only. ⸻ 3) What you’ll see on the chart • Coil box: shaded envelope (tight-range bounds). • Burst labels: Burst↑ / Burst↓ only when thrust + volume (and optional EMA) confirm the break. • Trap markers: ❌ red (failed bullish breakout) / ❌ green (failed bearish breakout). • Alerts: “Burst Up” and “Burst Down” (close-based). ⸻ 4) How to use it 1. Preparation: When a coil box appears, mark the bounds; expect expansion risk to rise. 2. Trigger: Act only on Burst labels (they already encode body/volume thrust and optional trend). 3. Validation: If a ❌ trap prints shortly after a breakout, treat it as a warning/exit event; breakouts that re-enter the prior swing range are statistically fragile. 4. Context: Works well on 15m–4H where structure is visible. Combine with your own higher-timeframe bias, S/R, liquidity pools, and risk rules. 5. Tuning: • Tighten/loosen coil sensitivity via coilLength, wickRatioMin, and the range contraction factor. • Use larger bodyMult / volumeMultiplier to demand stronger breaks. • cooldownBars controls clustering in fast sessions. • rangeLookback and fakeoutBars control how strict the trap check is. ⸻ 5) Repainting, scope, and limitations • Burst and trap labels are evaluated on bar close; once printed, they do not repaint. Coil boxes can update while forming; they stabilize once conditions are met. • Sudden news/illiquid periods can defeat filters; adjust multipliers and cooldown for your instrument. • This is an indicator, not a strategy; it does not publish PnL, win-rate, or forward promises.