//@version=6
indicator("Morning Phoenix", overlay = true)

// ============================================================================
// MORNING PHOENIX
// Based on Humbled Trader — "The Most Consistently Profitable Trading
// Strategy" (her A+ setup: the GAPPER REVERSAL LONG, e.g. DDOG & SNOW)
// Her three golden criteria implemented here:
//  1. HUGE overnight gap up (5%+) on a large/mid cap.
//  2. Strong positive catalyst — ideally an earnings beat on all metrics
//     (manual check).
//  3. Very bullish daily chart — gapping OVER the daily resistance levels.
//  • The stock should already be trending up premarket and holding its
//    premarket VWAP after any early pullback.
//  • You are NOT buying the high-of-day breakout. You buy the PULLBACKS:
//    dips to premarket VWAP / the key premarket support that hold, then you
//    SELL INTO the breakouts at the next daily resistance.
//  • Risk ≥ $1 on high-beta names; upside is the reclaimed trend (1:3+).
// Requires an intraday chart with Extended Hours ON.
// ============================================================================

gapMin = input.float(5.0, "Min overnight gap (%)", step = 0.5)

prevClose = request.security(syminfo.tickerid, "D", close[1])
vwapLine  = ta.vwap(hlc3)
volMa     = ta.sma(volume, 13)

newDay = ta.change(time("D")) != 0
var float pmHigh = na
var float pmLow  = na
var bool  bigGap = false
if newDay
    pmHigh := na
    pmLow  := na
    bigGap := false
if session.ispremarket
    pmHigh := na(pmHigh) ? high : math.max(pmHigh, high)
    pmLow  := na(pmLow)  ? low  : math.min(pmLow, low)

firstRTH = session.ismarket and (session.ispremarket[1] or newDay)
if firstRTH
    bigGap := open >= prevClose * (1 + gapMin / 100)

// --- Pullback buy: gap day, dip tags VWAP, holds, closes green above it
pullbackBuy = session.ismarket and bigGap and low <= vwapLine * 1.002 and close > vwapLine and close > open and volume > volMa

// --- Wick-bought confirmation: lower wick bought back up near VWAP (her bullish tell)
body   = math.abs(close - open)
dnWick = math.min(close, open) - low
wickBuy = session.ismarket and bigGap and dnWick > body and close > vwapLine and low <= vwapLine * 1.005

// --- Sell-into-strength: breaking the premarket high (scale out, don't chase)
pmhTest = session.ismarket and bigGap and not na(pmHigh) and close > pmHigh and close[1] <= pmHigh

// --- Invalidation: losing VWAP after the open
vwapLost = session.ismarket and bigGap and close < vwapLine and close[1] >= vwapLine

plot(vwapLine, "VWAP", color.new(color.blue, 0), 2)
plot(pmHigh, "Premarket high (sell zone)", color.new(color.green, 30), 1, plot.style_linebr)
plot(pmLow,  "Premarket low",              color.new(color.red,   40), 1, plot.style_linebr)
plot(prevClose, "Prior day close", color.new(color.gray, 50), 1, plot.style_linebr)

plotshape(pullbackBuy, "Pullback buy",   shape.labelup,     location.belowbar, color.new(color.green, 0), text = "BUY\nDIP", textcolor = color.white,  size = size.small)
plotshape(wickBuy,     "Wick bought up", shape.triangleup,  location.belowbar, color.new(color.teal, 20), size = size.tiny)
plotshape(pmhTest,     "Scale out",      shape.labeldown,   location.abovebar, color.new(color.orange, 0), text = "SELL\nSTR", textcolor = color.white, size = size.tiny)
plotshape(vwapLost,    "VWAP lost",      shape.xcross,      location.abovebar, color.new(color.red,    0), size = size.tiny)

bgcolor(bigGap ? color.new(color.green, 97) : na)

alertcondition(pullbackBuy, "Gapper pullback buy", "Morning Phoenix: big-gap stock holding VWAP on a pullback with volume — her A+ gapper reversal entry (verify catalyst)")
alertcondition(pmhTest,     "Scale into strength", "Morning Phoenix: premarket high breaking — scale out into strength at resistance")
alertcondition(vwapLost,    "VWAP lost",           "Morning Phoenix: VWAP lost on the gap day — setup invalidated")