MILLION MEN — Discount Zone
What it does:
• Auto-detects swing range using adaptive pivot strength (per timeframe), then maps Premium / Equilibrium / Discount zones.
• Smart SELL: requires bullish closes inside Premium for N bars, then momentum cools off (RSI up then down), optionally followed by a low-volume red confirmation.
• Smart BUY: price tags Discount zone after a prior heavy red volume event and prints bull reclaim.
• Clean visuals (boxes + optional EQ dashed line) and separate alerts for entry/confirmation.
Why it’s different:
• Pivot length auto-adapts to timeframe (no constant tweaking).
• Multi-step volume sequencing (detect a prior heavy red and require bull follow-through).
• Clear one-glance zones + ready-made alerts.
Suggested use:
• Pair with your execution playbook (e.g., scale in/out, HTF bias).
• Works on FX/crypto/index futures; tune RSI and volume factors per instrument.
• Signals are close-of-bar; pivots confirm naturally (no repaint on confirmed bars).
Inputs worth tuning:
• RSI thresholds, min green bars in Premium, heavy-red multiplier, lookback bars.
• Box colors / EQ line visibility for your theme.
Disclaimer: Educational tool; not financial advice.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact MILLION_MEN directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact MILLION_MEN directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.