TRAC-BPL Signal System (MotiveWave Study)

A custom study for the MotiveWave trading platform that lays the foundation for the TRAC-BPL Signal System, a structured method for detecting advanced order flow signals such as Trap, Reclaim, Absorption, Continuation, and Breakout Trap events.

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📌 Study Overview

This study is intended for order flow traders seeking to identify key market behavior patterns. The core detection logic is modular and can be expanded in future milestones. Visual markers and color-coded labels are provided for each signal type.

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🚀 Features

• Signal Types Implemented (structure only):

  • TRAP
  • RECLAIM
  • ABSORPTION
  • CONTINUATION
  • BREAKOUT_TRAP (conditionally via toggle)

• Highly Configurable:

  • Adjustable delta thresholds and imbalance ratios
  • Absorption lookback period
  • Optional enable/disable for BPL (Breakout Protection Logic)

• Visual Feedback:

  • Custom signal colors per type
  • Configurable chart markers (position, color, shape)
  • Signal labels plotted above/below bars

• Quick Settings Support:
  Direct access to major parameters in the study config menu

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⚙️ Configurable Inputs

Parameter	Description	Default
Delta Threshold	Minimum delta value required for signal evaluation	100
Imbalance Ratio	Minimum imbalance (Bid/Ask) ratio to qualify as signal	1.5
Absorption Lookback	Number of candles to check for absorption signals	5
Enable BPL Signals	Toggle Breakout Trap signal logic on/off	true

Display Customization:

Each signal includes customizable:

• Color
• Marker shape/position
• Visibility

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🧠 Architecture

The study operates within MotiveWave’s plugin system using the Study API.

Key Components:

• initialize(...): Registers all descriptors and settings
• calculate(...): Main runtime execution per bar
• checkAndDrawSignals(...): Signal dispatcher for different detection types
• drawSignalLabel(...): Adds markers and exports signal state
• detect[Signal]Signal(...): Placeholder methods for future order flow logic
• OrderFlowData: Placeholder structure for custom order flow data handling

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🧪 Development Roadmap

This implementation covers only structural and visual scaffolding.

Milestone 2+ will include:

• Actual order flow detection logic
• Realtime signal exports for strategy triggering
• Alerts and possible trading integration
• Multi-timeframe and depth-of-market handling

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📁 File Structure

src/
└── tracbplsignalsystem/
└── TRACBPLSignalSystem.java

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📝 License

For private use only. This is a proprietary component developed as part of White Elephants’ TRAC-BPL signaling solution, built on the MotiveWave platform.