Intraday Low Engulf 50% delta- RTH (CME)

10 hours ago

Intraday Low Engulf 50%Δ - RTH (CME)


Simple Introduction
The Intraday Low Engulf 50%Δ - RTH indicator is a session-based breakout tool designed specifically for CME futures traders during Regular Trading Hours. It automatically tracks when price makes new lows throughout the trading day and displays three key levels on your chart: the session low (green line), the associated high (red line), and the midpoint between them (blue line).

Every morning at 9:30 AM Eastern Time, the indicator starts fresh and monitors price action until 4:00 PM. When price drops below the current session low, the indicator updates all three lines and marks the breakout with a green circle. This gives you instant visual confirmation of downward momentum shifts.

The 50% Delta label shows you exactly half the distance between the high and midpoint, which helps with setting realistic profit targets and managing risk. Think of it as having automatic support levels that adjust as the market moves lower throughout the day.

This indicator works best for traders who focus on short-term downward breakouts in liquid futures markets like the E-mini S&P 500 or Nasdaq. It keeps your chart clean by only showing current session data and automatically resetting each new trading day.

Whether you're scalping on 1-minute charts or swing trading on 15-minute timeframes, the indicator adapts to your style while maintaining precise session-based tracking. The visual cues make it easy to spot breakout opportunities even on busy trading days.

9 hours ago

Release Notes

fix the 50% delta bug, now it is correct 50%, not 25%

9 hours ago

Release Notes

bug fix, 50% stop loss correct now

9 hours ago

Release Notes

Bug fix and chart fix, 50% stop loss now correct.