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Stat Map Pro: Z-Score + RSI + Vol + Div
StatMap Ultimate is a multi‑factor statistical mapping tool designed to give traders a deeper view of market extremes, momentum, and hidden divergences. By combining Z‑Score analysis, RSI momentum signals, volume spikes, and divergence detection, this indicator helps you spot high‑probability turning points and confluence setups with clarity.
🔑 Key Features
- Z‑Score Candles: Price is normalized against its statistical mean, showing how far OHLC values deviate from equilibrium. This makes overbought/oversold zones (+2σ / ‑2σ) visually clear.
- RSI Integration: Candle coloring adapts to RSI momentum, highlighting bullish/ bearish bias and extreme conditions (OB/OS).
- Volume Spike Detection: Borders and wicks turn gold when volume exceeds a customizable threshold, signaling strong participation.
- Divergence Mapping: Automatic detection of bullish and bearish divergences between price and Z‑Score pivots, plotted directly on the chart.
- Confluence Signals: Simple circle markers highlight extreme setups where Z‑Score and RSI align, helping traders identify potential reversals.
🎯 How to Use
- Watch for Z‑Score extremes (+2σ / ‑2σ) combined with RSI OB/OS for potential turning points.
- Use gold volume spikes to confirm strong market interest.
- Pay attention to divergence labels (Bull Div / Bear Div) for early reversal clues.
- Combine signals for high‑confidence entries/exits in your trading strategy.
⚡ Why It’s Powerful
Stat Map Pro transforms raw price, momentum, and volume data into a unified statistical framework. Instead of relying on a single indicator, you get a multi‑layered confluence map that highlights when markets are stretched, exhausted, or primed for reversal.
🔑 Key Features
- Z‑Score Candles: Price is normalized against its statistical mean, showing how far OHLC values deviate from equilibrium. This makes overbought/oversold zones (+2σ / ‑2σ) visually clear.
- RSI Integration: Candle coloring adapts to RSI momentum, highlighting bullish/ bearish bias and extreme conditions (OB/OS).
- Volume Spike Detection: Borders and wicks turn gold when volume exceeds a customizable threshold, signaling strong participation.
- Divergence Mapping: Automatic detection of bullish and bearish divergences between price and Z‑Score pivots, plotted directly on the chart.
- Confluence Signals: Simple circle markers highlight extreme setups where Z‑Score and RSI align, helping traders identify potential reversals.
🎯 How to Use
- Watch for Z‑Score extremes (+2σ / ‑2σ) combined with RSI OB/OS for potential turning points.
- Use gold volume spikes to confirm strong market interest.
- Pay attention to divergence labels (Bull Div / Bear Div) for early reversal clues.
- Combine signals for high‑confidence entries/exits in your trading strategy.
⚡ Why It’s Powerful
Stat Map Pro transforms raw price, momentum, and volume data into a unified statistical framework. Instead of relying on a single indicator, you get a multi‑layered confluence map that highlights when markets are stretched, exhausted, or primed for reversal.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.