INVITE-ONLY SCRIPT
Updated

MissedPrice Volume Method[KiomarsRakei]

208
Core Concept:

This script detects price zones that are highly likely to be revisited — areas where price moved too quickly to fully fill market activity. Using sharp volume shifts and volatility filters, the script identifies these “missed” levels and generates signals pointing toward them.

Signals are generated before price reaches the zone, allowing you to analyze price behavior both before and after the zone is touched. These zones often act like magnets for price, making them ideal for short-term.

snapshot
Examples of signals and high hit rate of Missed zones

How It Works:

The script monitors 3-candle volume and price behavior to detect moments where volume accelerates abnormally compared to recent averages. When a potential missed zone is found and price hasn’t revisited it yet, a signal is created in advance, pointing to that zone as a likely future target.

Features:

  • Zone Visualization: Dynamic boxes show price targets based on missed volume areas.
  • Pre-Zone Signals: Alerts fire before price returns, offering early trade setups.
  • Stat Tracking System: Automatically logs signals, win rate, and average profit.
  • Live Performance Table: On-chart stats including hit/miss breakdown and late-return analysis.
  • Works on All Markets: Compatible with any chart that provides volume — crypto, forex, indices, or stocks.

snapshot
A signal is considered successful when price touches the zone. However, not all zones are guaranteed to be revisited.

Key Inputs & Stats Table:

  • Volume Filters: Control signal sensitivity using min/max relative volume shift.
  • Zone & Line Settings: Adjust how long the zone stays visible and whether entry lines are drawn.
  • Custom Colors: Choose colors for buy/sell zones, lines, and visuals.


📊 Table Metrics:

  • Total Signals: Count of all generated signals.
  • Win Rate: % of signals where price returned to the zone (hit = touched the zone, regardless of timing).
  • Bad Signals: Signals that took too long to hit or were never hit.
  • Bad but Hit: Signals marked bad but eventually touched the zone.


snapshot
Bad signals are marked in red. These indicate zones that price failed to reach within the expected time window, showing where the script identified a target that remained unfulfilled.

Release Notes
Core Calculations
  1. Easily fine-tune the Relative Change in Volume with four customizable options.
  2. Filter signals by their distance from the original signal candle for more precise setups.


Range Detection
  1. Activate Auto Range Detection to view signals only during range-bound market conditions.
  2. Adjust detection precision to match your trading style.
  3. For optimal accuracy, the script uses Higher Timeframe (HTF) analysis — choose Auto or set your preferred custom HTF.
Release Notes
Updated inputs: added Signal Frequency and made minor adjustments to others.
Release Notes
I’ve added a new Risk Management section to the tool.
It now suggests Entry Line and Stop Loss levels automatically.

Two configurable modes are available:

  • Tight – for traders who prefer closer stops and higher R/R.
  • Standard – for more balanced risk control.
Release Notes
Added Market Structure Filter – users can now switch between different structures (All / Range / Trend) to display signals only in the chosen condition.
Also added background highlights:

  • Highlight Range zones when detected
  • Highlight Trend zones when detected

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.