INVITE-ONLY SCRIPT

The Phantom Indicator for beginners

The Phantom Indicator is an original software script written in Pine Script for use on the TradingView charting platform. It is designed as a real-time algorithmic trading and technical analysis toolkit that integrates multiple market signals into a unified framework. The work is a compilation of open-source trading concepts, modified and combined in a novel and proprietary manner, resulting in a unique educational tool.

Key features include:

Dynamic background shading based on price relation to the 200-period Exponential Moving Average (EMA)

Multi-timeframe Hull Moving Averages rendered as ribbons to show directional bias

A custom Fair Value Gap (FVG) detection algorithm

ATR-based trailing stop logic, inspired by UT Bot

Visual markers for candlestick rejection patterns, labeled “J. Wick” (bullish) and “Black Widow” (bearish)

Real-time structural pivot recognition, identifying Higher Highs, Lower Lows, and Break of Structure (BOS)

Interactive label alerts, trend-based visuals, and adaptive ribbon overlays

This indicator is intended to train beginner traders to:

Recognize candlestick reversal patterns

Understand trend creation and breakage

Learn to identify market direction using real-time, rule-based logic

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ThePhantomhr directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Please contact The Phantom LLC at thephantomhr@gmail.com for access.

Warning: please read our guide for invite-only scripts before requesting access.

ThePhantomhr

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.