Intraday High Engulf 50% delta- RTH (CME)

10 hours ago

Intraday High Engulf 50%Δ - RTH (CME)
Simple Introduction
The Intraday High 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 highs throughout the trading day and displays three key levels on your chart: the session high (red line), the associated low (green 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 breaks above the current session high, the indicator updates all three lines and marks the breakout with a red circle. This gives you instant visual confirmation of upward momentum shifts.

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

This indicator works best for traders who focus on short-term upward 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 bullish breakout opportunities even on busy trading days.

Use this alongside the Low Engulf version to track both upward and downward breakouts simultaneously, giving you a complete picture of intraday momentum shifts in both directions.

9 hours ago

Release Notes

fix a bug on delta stop loss, not is 50% of the candle size, it was 25% before.