Indicator

Work in progress – but if you found your way here – contact me on X or Substack via DM to request access, or email me at barky @ thebarkworthynotes.com

Barky’s Diagonal Entry Model Assistant

Tradingview Indicator to assist with fractal formation.

Test Phase – to be made available in the near future. Send me a DEM via Discord, Substack or X to request trial access.

Link: Barky’s Diagonal Entry Model Assistant

Candle Sequencing

C1 to C4 candles serve to confirm the setup as it forms.

The indicator doesn’t plot the wedge diagonal and edges – the indicator only confirms the setup.

Sellers Trying Label

The label literally means “Sellers Attempting Continuation.

The ‘Sellers Trying’ label prints when sellers defend a lower high and attempt to distribute (expand lower). The high of the C2 candle becomes breakout resistance (dashed line). Price backtests the EMA9 (C3 candle), and above that confirms a bear trap (failed continuation).

As price attempts to reclaim the EMA9, failing to hold the backtest initiates the short: it confirms that sellers are succeeding at continuation. The blue line forms break out resistance – where the strongest sellers will have their stops.

The indicator doesn’t plot the BoT/TCD/Entry/Stop lines – the indicator only confirms the setup.

Buyers Trying Label

The label literally means “Buyers Attempting Continuation”.

The ‘Buyers Trying’ label prints when buyers defend a higher low and attempt continuation higher. The candle sequence confirms the setup. After the higher low, parameters are met and the blue line is the BT entry to confirm the true breakout.

When the backtest fails, the blue line initiates the RT and confirms a bull trap.

The indicator doesn’t plot the wedge and edges – the indicator only confirms the setup.

DEM Assistant
The dashed and solid lines are rejection pivots formed at specific points in the candle sequence.

Breakdown:
Barky’s Diagonal Entry Model Assistant – Quick How-to-Use Guide

This indicator helps you track classic diagonal / wedge / expanding price structures through automatic candle counting and key level visualisation after each new swing point.

How to use it effectively (most common workflow):

1. Wait for a new swing high or low
→ Triangle appears (red = swing high, green = swing low)
→ This resets the counter and starts a new sequence

2. Watch the candle numbering right after the swing (C1 → C4)

Candle #1
– C1
– gray
– First impulse after swing
– Just context

Candle #2
– C2
– gray
– Most important rejection / trap candle
– Strongest signal candle

Candle #3
– C3
– orange
– Continuation / breakout attempt
– Usually the make-or-break candle

Candle #4
– C4
– light green
– Expansion / final push (often exhaustion)
– Very frequently last candle before reversal

3. Key high-probability setups to look for

Most reliable patterns (in rough order of reliability):
– C2 Bear Trap (green “Buyers Trying” label)
→ Fake breakdown below previous low, strong bullish close
→ Very good bullish reversal signal towards EMA21 / EMA50
– C2 Bull Trap (red “Sellers Trying” label)
→ Fake breakout above previous high, strong bearish close
→ Classic bearish continuation / short setup
– C3 rejection at the orange dashed line (pivot C3)
→ Very frequent reversal point after diagonal move
– C4 expansion followed by immediate failure of C4 pivot line
→ Often marks the final exhaustion

4. Quick reference

What the lines/levels mean
– EMA9 (blue thick) → neutralization / mean reversion magnet
– EMA21 (orange) → most common first reversal target
– EMA50 (purple) → deeper pullback / continuation target
– C3 line (dashed) → first major resistance/support after swing
– C4 line (blue) → expansion target / final boss level

Fast decision checklist (popular approach)

After new swing → count to C2
– Got strong trap signal on C2? → highest conviction entry
– No trap on C2? → wait for C3 reaction at orange line
– Still going strong? → C4 usually last chance before big reversal

Most traders who use this indicator focus mainly on C2 traps + C3 reactions.