Unmitigated Cave Diving MTF High Low - BookMap Style Chart
Unmitigated Cave Diving MTF High Low - BookMap Style Chart
Introduction
This Pine Script indicator tracks unmitigated higher timeframe highs and lows with a session-aware approach, inspired by KinetiCapital's X D HL Targets.
Built for precision trading on instruments like NQ during extended trading hours (ETH), it visualizes support and resistance levels that have not yet been breached, helping traders identify key price zones for potential reversals or breakouts.
Core Features
The indicator monitors multi-timeframe levels (default 15-minute) and applies intelligent styling based on recency and survival duration:
Most Recent Levels: The 1st and 2nd most recent unmitigated highs and lows are highlighted with distinct colors and widths for quick visual identification
Session Age Tracking: Levels are categorized by how many full trading sessions (1800-1700 NQ ETH) they've survived unmitigated, with "old" levels receiving special highlighting once they exceed your defined threshold
BookMap-Style Visualization: Clean horizontal lines with optional price labels positioned above highs and below lows for minimal chart clutter
Real-Time Summary Table: Displays the four most recent levels with their prices, distance in points from current price, and session age
Mitigation Logic
Levels automatically update when price touches them - high levels are mitigated when price reaches or exceeds them, while low levels are mitigated when price touches or breaks below. Mitigated levels change to a neutral gray color and can optionally be deleted at session end to preserve chart memory.
This tool is particularly valuable for intraday traders who trade around key structural levels and need to understand which unmitigated zones represent the freshest or most significant price memory in the market.
Indicators and strategies
Monthly High/Low - [JTCAPITAL]Monthly High/Low Probability Table - is a modified way to use historical monthly high and low tracking combined with probabilistic analysis for bullish and bearish months to detect potential patterns in monthly price behavior.
The indicator works by calculating in the following steps:
Variable Declaration
Persistent variables ( var ) are used to store monthly highs, lows, open and close prices, and the days on which highs and lows occurred. Separate arrays track bullish and bearish month statistics for highs and lows ( highBull, lowBull, highBear, lowBear ). Counters ( bullCount, bearCount ) store the number of bullish and bearish months recorded.
New Month Detection
The script detects the start of a new month by comparing the current bar’s month to the previous bar’s month. If a new month is detected, the script proceeds to update statistics for the previous month.
Monthly High/Low Recording and Classification
At the start of each new month, the previous month’s high, low, open, and close are evaluated:
If monthClose > monthOpen , the month is classified as bullish.
If monthClose < monthOpen , the month is classified as bearish.
The arrays ( highBull, lowBull, highBear, lowBear ) are updated at the respective high and low days of the month by incrementing counts, which allows the script to keep track of the frequency of monthly highs and lows occurring on specific days.
Monthly High/Low Tracking
During the month, the script continuously updates monthHigh and monthLow if the current bar’s high exceeds monthHigh or the low is below monthLow . The days on which these highs and lows occur are recorded ( highDay and lowDay ). The monthClose variable is continuously updated to the latest closing price.
Probability Calculation
Once monthly data is accumulated, the script calculates probabilities for each day of the month:
bullHighProb and bullLowProb represent the probability (in percentage) that a bullish month’s high or low occurred on a given day.
bearHighProb and bearLowProb represent the probability for bearish months.
These probabilities are calculated by dividing the count of high or low occurrences on each day by the total number of bullish or bearish months, then multiplying by 100. This probabilistic approach allows traders to see recurring patterns for highs and lows across multiple months.
Gradient Coloring Function
The helper function gradientRelative computes a color gradient between lowColor and highColor based on the relative probability value. Higher probabilities are colored closer to highColor , and lower probabilities closer to lowColor . This visual representation allows for quick identification of the most probable days for highs and lows in bullish or bearish months.
Dynamic Updates
As new bars are processed, the table is updated in real-time with new probabilities reflecting the most recent month’s data. This dynamic behavior ensures that the table remains accurate and responsive to the latest market information.
Buy and Sell Conditions:
This indicator does not provide direct buy or sell signals. Instead, it provides probabilistic information about historical patterns for bullish and bearish months. Traders can use the table to:
Identify days in the month where highs or lows are statistically more likely to occur.
Combine with other trend-following or reversal strategies to optimize entry and exit points.
For example, if a trader notices that bullish month highs frequently occur around day 15, they may plan trades around that period when other indicators align.
Features and Parameters:
Dynamic Probability Table : Updates in real-time as new monthly data becomes available.
Historical Pattern Tracking : Maintains arrays for highs and lows in bullish and bearish months.
Gradient Visualization : Uses color interpolation to quickly highlight higher probability days.
Specifications:
Monthly High/Low Tracking
Tracks the highest and lowest prices within each month. This is the foundation of the probability calculations. It allows traders to understand when significant price events historically occur.
Bullish/Bearish Month Classification
Each month is classified based on the relationship between monthClose and monthOpen . This provides context for the high/low occurrences: whether they happened in bullish or bearish months.
High/Low Occurrence Arrays
Four arrays ( highBull, lowBull, highBear, lowBear ) store the count of high and low occurrences for each day of the month. These arrays are the core of the statistical analysis.
Probability Calculation
Divides the count of occurrences for each day by the total number of months in that category (bullish/bearish). Multiplying by 100 converts this to a percentage probability, giving traders a numerical sense of recurrence.
Real-Time Updates
The table and probabilities are recalculated and refreshed with each new bar. This ensures that traders have the most current information available without manual recalculation.
User-Centric Visualization
By showing probabilities for both bullish and bearish months separately, traders gain a deeper understanding of market tendencies and recurring monthly patterns, which can be leveraged for improved timing and strategy alignment.
Important:
There is a misalign in percentages due to not all months having the same amount of days.
Cave Diving 3 Lines System
🤿 Cave Diving Dashboard - A Deep Dive into Market Structure
## The Cave Diving Analogy
Imagine you're a cave diver exploring underwater caverns. As you descend deeper, you encounter different layers of the cave system:
- **The Surface (Internal Levels)** - Where you currently are, constantly shifting with each breath
- **The First Chamber (De Novo Levels)** - Your last known safe position, recently established
- **Deep Caverns (External Levels)** - Ancient, untouched chambers deeper in the system
Just as a cave diver must constantly monitor their position relative to these reference points, traders must track price action against key structural levels.
---
## 🎯 Understanding the Three-Tiered System
### 📍 **INTERNAL LEVELS** (Current 15m Candle)
*Your real-time position in the market*
**Internal High** 🟡 - The highest point reached in the current unfinished 15-minute candle
**Internal Low** 🟢 - The lowest point reached in the current unfinished 15-minute candle
**Think of these as:**
- Your current depth while actively diving
- They update continuously as price moves
- Status shows "Updating" when actively changing, "Intact" when stable
- These are NOT trade levels—they're awareness zones
**Key Insight:** When Internal Low drops below De Novo Low, you're in **Situation A** (bearish pressure building)—the indicator highlights this with red coloring.
---
### 🎯 **DE NOVO LEVELS** (Previous Closed 15m Candle)
*Your most recent confirmed safe zone*
**De Novo High** 🔵 - The high of the last completed 15-minute candle
**De Novo Low** 🟣 - The low of the last completed 15-minute candle
**Etymology:** "De Novo" = Latin for "from new" or "anew"—these are freshly established reference points
**Think of these as:**
- The last solid ground you stood on
- Your most recent confirmed position
- The bridge between where you are (Internal) and where you've been (External)
**Status Tracking:**
- **⬆️ Upgrade** - Level moved favorably (Higher high for resistance, Higher low for support)
- **⬇️ Downgrade** - Level moved unfavorably (Lower high, Lower low)
- **＝ Same** - No structural change from previous candle
**Trading Significance:**
- Primary reference points for intraday structure
- Breaking De Novo levels often signals directional commitment
- Can merge with External Level 1 when they align (shown as "DN🟰Ext1")
---
### ⛽🤿 **EXTERNAL LEVELS** (Unmitigated Historical 15m Levels)
*Deep liquidity pools waiting to be discovered*
**External High 1 & 2** 🟢🔵 - The two most recent unmitigated 15m highs
**External Low 1 & 2** 🟠🌸 - The two most recent unmitigated 15m lows
**Think of these as:**
- Untouched chambers in the cave system
- Liquidity pools that smart money is targeting
- Levels that "remember" and attract price
**What Makes a Level "Unmitigated"?**
- **Highs**: Price has NOT yet traded through them (broken above)
- **Lows**: Price has NOT yet swept them (broken below)
- Once touched, they're "mitigated" and removed from tracking
- The indicator automatically maintains the two most recent unmitigated levels
**Why "External"?**
They exist outside your current candle structure—historical reference points that institutions use for:
- Stop loss placement
- Profit taking targets
- Liquidity hunting zones
---
## 🎨 Color Coding System
### HIGHS (Resistance/Targets) - Cool Colors
- 🔵 **Ext High 2** - Light Blue (Distant target)
- 🟢 **Ext High 1** - Lime Green (Primary target)
- 🔵 **De Novo High** - Cyan (Recent resistance)
- 🟡 **Internal High** - Lemon Yellow (Current ceiling)
### LOWS (Support/Stops) - Warm Colors
- 🟢 **Internal Low** - Lime (Current floor)
- 🟣 **De Novo Low** - Purple (Recent support)
- 🟠 **Ext Low 1** - Orange-Red (Primary stop zone)
- 🌸 **Ext Low 2** - Pink (Distant support)
---
## 📊 Dashboard Breakdown
### The Table Shows:
1. **Level** - Which level you're tracking
2. **Price** - Exact price of the level
3. **Pts** - Distance from current price (+ above, - below)
4. **Status** - Current state or role of the level
### Special Features:
- **⏰ Countdown Timer** - Shows time remaining until next 15m candle close (next De Novo update)
- **⚠️ Proximity Alerts** - Bottom row warns when within threshold distance of key levels (default: 25 points, adjustable)
---
## 🎯 Trading Applications
### **For Buyers (Going Long):**
- **Entry Zone**: Between De Novo Low and Ext Low 1
- **Stops**: Below Ext Low 1 (or Ext Low 2 for wider stops)
- **Targets**: De Novo High → Ext High 1 → Ext High 2
- **Confirmation**: Internal Low holds above De Novo Low
### **For Sellers (Going Short):**
- **Entry Zone**: Between De Novo High and Ext High 1
- **Stops**: Above Ext High 1 (or Ext High 2 for wider stops)
- **Targets**: De Novo Low → Ext Low 1 → Ext Low 2
- **Warning**: Watch for Situation A (Internal Low < De Novo Low)
### **Risk Management:**
- **DN🟰Ext1** status means De Novo = External 1 (tighter range, use caution)
- Proximity alerts help you avoid chasing price into resistance/support
- "Updating" status on Internal levels = active volatility
- "Upgrade/Downgrade" signals = structural shift in progress
---
## ⚙️ Customization Options
### Lookback Period
- Default: 500 candles (searches 125 hours of 15m data)
- Increase for more historical External levels
- Decrease for focus on recent structure
### Proximity Threshold
- Default: 25 points
- Set based on your instrument's average range
- Lower = tighter alerts (for scalping)
- Higher = strategic warnings (for swing trading)
### Visual Customization
- Line thickness (1-5)
- Line style (Solid/Dashed/Dotted)
- All colors fully customizable
- Show/hide lines independently
---
## 🧭 The Cave Diving Mindset
**Never dive deeper than you can safely return from.**
In trading terms:
- Know your Internal position (real-time awareness)
- Respect your De Novo levels (recent structure)
- Hunt for External liquidity (where the targets are)
- Always have an exit plan (stops below Ext Lows, above Ext Highs)
The market, like a cave, has structure. This indicator illuminates that structure across three timeframes of reference, helping you navigate with precision rather than guessing in the dark.
---
## 🎓 Key Takeaways
1. **Internal** = Real-time, unfinished, awareness only
2. **De Novo** = Just confirmed, primary reference, updates every 15m
3. **External** = Historical, unmitigated, high-probability targets/stops
4. **Upgrades/Downgrades** = Trend signals
5. **DN🟰Ext1** = Structural alignment (tighter range)
6. **Situation A** = Bearish warning (Internal < De Novo Low)
---
## 📝 Credits
*"In cave diving, you plan your dive and dive your plan. In trading, you plan your levels and trade your levels."*
**Indicator:** Cave Diving Dashboard - Part 1: Price Levels
**Timeframe:** Optimized for 15-minute structure on any chart timeframe
**Philosophy:** Structure first, price second. Know where you are, where you've been, and where the liquidity waits.
---
Happy Diving! 🤿📈
Zone Eleven HTF Gate SweepThis indicator is designed as a simple visual framework rather than a rigid signal system. It highlights time-based structure and key alignment zones to help identify when price behavior is more likely to be active or responsive. The logic is intentionally flexible, allowing the user to apply their own discretion instead of relying on strict conditions. Its primary value is visual clarity and context, not automatic entries or exits.
Custom Reversal Oscillator [wjdtks255]📊 Indicator Overview: Custom Reversal Oscillator
This indicator is a momentum-based oscillator designed to identify potential trend reversals by analyzing price velocity and relative strength. It visualizes market exhaustion and recovery through a dynamic histogram and signal dots, similar to premium institutional tools.
Key Components
Dynamic Histogram (Bottom Bars): Changes color based on momentum strength. Bright Green/Red indicates accelerating momentum, while Darker shades suggest fading strength.
Signal Line: A white line tracing the core momentum, helping to visualize the "wave" of the market.
Buy/Sell Dots: Small circles at the bottom (Mint) or top (Red) that signal high-probability reversal points when the market is overextended.
📈 Trading Strategy (How to Trade)
1. Long Entry (Buy Signal)
Condition 1: The price should ideally be near or above the 200 EMA (for trend following) or showing a Bullish Divergence.
Condition 2: The Histogram bars transition from Dark Red to Bright Green.
Condition 3: A Mint Buy Dot appears at the bottom of the oscillator (near the -25 level).
Entry: Enter on the close of the candle where the Buy Dot is confirmed.
2. Short Entry (Sell Signal)
Condition 1: The price is struggling at resistance or showing a Bearish Divergence.
Condition 2: The Histogram bars transition from Dark Green to Bright Red.
Condition 3: A Red Sell Dot appears at the top of the oscillator (near the +25 level).
Entry: Enter on the close of the candle where the Sell Dot is confirmed.
3. Exit & Take Profit
Take Profit: Close the position when the Signal Line reaches the opposite extreme or when the histogram color starts to fade (loses its brightness).
Stop Loss: Place your stop loss slightly below the recent swing low (for Longs) or above the recent swing high (for Shorts).
💡 Pro Tips for Accuracy
Watch for Divergences: The most powerful signals occur when the price makes a lower low, but the Custom Reversal Oscillator makes a higher low. This indicates "Hidden Strength" and a massive reversal is often imminent.
Fuerza Relativa vs SPY (Oleos Capital) RS Rating shaded, blue arrow when a crossover with the black line (SPY) occurs and the RS rating according to the period above right to see the evolution of the asset.
Session Relative VolumeSession Relative Volume is an advanced intraday futures volume indicator that analyzes volume separately for Asia, London, and New York sessions - something standard relative volume tools can’t do.
Instead of aggregating the entire day’s volume, the indicator compares current volume to historical averages for the same session and time of day, allowing you to spot true volume strength and meaningful spikes, especially around session opens.
Background
Relative volume helps traders spot unusual activity: high volume often signals institutional participation and trending days, while low volume suggests weak commitment and possible mean reversion. In futures markets, sessions ( Asia, London, New York ) must be analyzed separately, but TradingView’s Relative Volume in Time aggregates the entire day, masking session-specific behavior - especially during the New York open. Since volume can vary by more than 20× between sessions, standard averages struggle to identify meaningful volume spikes when trader conviction matters most.
Indicator Description
The “Session Relative Volume” indicator solves these problems by calculating historical average volume specific to each session and time of day, and comparing current volume against those benchmarks. It offers four display modes and fully customizable session times
Altogether, it provides traders with a powerful tool for analyzing intraday futures volume, helping to better assess market participation, trader conviction, and overall market conditions - ultimately supporting improved trading decisions.
Parameters
Mode – display mode:
R-VOL: Relative cumulative session-specific volume at time
VOL CUM: Cumulative session volume at time compared to historical average cumulative session-specific volume
VOL AVG: Average session intrabar volume at time compared to historical average session-specific intrabar volume
VOL: Individual bars volume, highlighting (solid color) unusual spikes
Lookback period – number of days used for calculating historical average session volume at time
MA Len – length of the moving average, representing average bar volume within a session based on previous periods (different from historical cumulative volume!). Used only in VOL and VOL AVG modes
MA Thresh – deviation from moving average, used to detect bar volume spikes (bar volume > K × moving average)
Start Time – End Time and Time Zone parameters for each session. The time zone must be set using TradingView’s format (e.g., GMT+1).
10>20,p>50 DEMARenders daily EMA, 10, 20 and 50 on any timeframe below 1D
30m timeframe works well.
Use trend of 10 > 20 + price > 50 for long and 10 < 20 + price < 50 for shorts or exits.
Intraday High Engulf 50% delta- RTH (CME)
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.
Time & Price Confirmation (TPC)This one i am in the midst of trying to make better but for now its actually making money.
Core Concept:
Uses SuperTrend on two timeframes: Higher Timeframe (HTF) for trend direction and Lower Timeframe (LTF) for entry timing
Only signals trades when BOTH timeframes align
Key Components:
HTF Time (Higher Timeframe) - Checks if the main trend is strong:
🟢 Healthy = Strong trend, good momentum
🟠 Slowing = Trend weakening but still valid
🔴 Tired = Trend exhausted, avoid trading
LTF Confirm (Lower Timeframe) - Waits for price confirmation via:
SuperTrend flip (trend reversal)
Displacement candle (large range breakout)
Strong momentum move
Action Signals:
🚀 ENTER = Both HTF healthy + LTF confirmed (best setup)
⏳ HOLD = HTF still good but waiting for LTF confirmation
⏹️ NO TRADE = HTF tired or conditions not met
HMA vs Candle True CloudHMA vs Candle – Trend Cloud Indicator (Brief Note)
This indicator compares price (candle source) with a long-period Hull Moving Average (HMA) to identify trend direction, momentum shifts, and regime changes.
The HMA, being momentum-sensitive, reacts to changes in price speed, while price itself represents real-time market action.
A dynamic two-way cloud is drawn between price and HMA:
Green cloud when price is above HMA → bullish dominance and accumulation
Red cloud when price is below HMA → bearish control and distribution
The width of the cloud reflects the strength of momentum:
Narrow cloud → compression / consolidation
Expanding cloud → impulse move or trend acceleration
This setup is especially effective on short timeframes with long HMA periods, where it filters noise while preserving early trend signals.
Overall, the indicator acts as a visual trend-momentum framework, highlighting early warnings, trend confirmation, and exhaustion zones in a single view.
Intraday Low Engulf 50% delta- RTH (CME)
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.
alplerThe 4H Engulf Indicator is a rule-based price action tool designed to identify high-probability trading opportunities on the 4-hour timeframe. Its core logic is built around bullish and bearish engulfing candles, which are widely accepted as strong reversal or continuation signals in technical analysis.
This indicator focuses only on confirmed engulfing patterns, meaning the signal is generated after the candle is fully closed, not while it is forming. This helps eliminate false signals and emotional, premature entries. When a bullish engulfing candle appears, the indicator marks a bullish signal, suggesting potential upward momentum. Conversely, when a bearish engulfing candle forms, a bearish signal is displayed, indicating possible downward pressure.
One of the key strengths of the 4H Engulf Indicator is its clarity and simplicity. Signals are shown directly on the chart using visually clear arrows and labels, allowing the trader to quickly assess market direction without clutter. The indicator does not predict the market; instead, it reacts to confirmed price behavior, which aligns well with disciplined and systematic trading.
The 4-hour timeframe provides a balance between noise reduction and timely opportunities, making this indicator suitable for swing traders and position traders. When combined with trend filters, risk management rules, or higher-timeframe analysis, the 4H Engulf Indicator becomes a powerful component of a professional trading system.
krishnadeshmukh/NIFTY50 Micro Sentiment Part 1📘 Script Description: NIFTY50 Micro Sentiment — Part 1
This indicator tracks real-time micro sentiment across the top 25 weighted stocks of the NIFTY50 index using a volume-based distribution model.
🔍 How it works:
Scans last N bars (configurable) for each stock.
Divides each stock’s price range into equal bins.
Measures bullish vs bearish volume in each bin based on:
Candle Color (Close > Open) or
Close Near High (Close > Midpoint).
Assigns a sentiment value:
+1 → Bullish dominance
-1 → Bearish dominance
0 → Neutral
📊 Each stock's sentiment is weighted by its contribution to the index.
🧮 Displays:
Weighted Sentiment Score
Bullish / Bearish / Neutral Components
Updated every 5 bars with an easy-to-read table.
Use this to gauge underlying micro shifts in sentiment before broader market moves.
Market Efficiency Ratio [Interakktive]The Market Efficiency Ratio decomposes price movement into two components: net progress vs wasted movement. This tool exposes the underlying math that most traders never see, helping you understand when price is moving efficiently versus chopping sideways.
Unlike simple trend indicators, this shows you WHY price movement matters — not just whether it's up or down, but how much of that movement was useful directional progress versus noisy oscillation.
█ WHAT IT DOES
• Calculates Efficiency Ratio (0–1 or 0–100) measuring directional progress
• Exposes Net Displacement (how far price actually moved)
• Exposes Path Length (total distance price traveled)
• Calculates Chop Cost (wasted movement)
• Visual zones for high/mid/low efficiency states
█ WHAT IT DOES NOT DO
• NO signals, NO entries/exits, NO buy/sell
• NO performance claims
• NO predictions — purely diagnostic
• This is a tool for understanding price behavior
█ HOW IT WORKS
The efficiency ratio answers one question: "Of all the movement price made, how much was useful progress?"
🔹 THE MATH
Over a lookback period of N bars:
Net Displacement = |Close - Close |
Path Length = Σ |Close - Close | for all bars
Efficiency Ratio = Net Displacement / Path Length
🔹 INTERPRETATION
• Efficiency = 1.0 (100%): Price moved in a straight line — every tick was progress
• Efficiency = 0.5 (50%): Half the movement was wasted in back-and-forth chop
• Efficiency = 0.0 (0%): Price ended exactly where it started — all movement was noise
🔹 CHOP COST
This is the "wasted movement" — how much price traveled without making progress:
Chop Cost = Path Length - Net Displacement
Chop % = Chop Cost / Path Length
High chop cost means lots of effort for little result — a warning sign for trend traders.
█ VISUAL GUIDE
Three efficiency zones:
• GREEN (≥70): High efficiency — strong directional movement
• YELLOW (30-70): Mixed efficiency — some progress, some chop
• RED (<30): Low efficiency — mostly noise, little progress
█ INPUTS
Lookback Length (default: 14)
Number of bars to calculate efficiency over. Higher values produce smoother readings but respond slower to changes.
Smoothing Length (default: 5)
EMA smoothing applied to the output. Reduces noise in the efficiency reading.
Apply Smoothing (default: true)
Toggle EMA smoothing on/off.
Scale Mode (default: 0–100)
Display as percentage (0-100) or decimal ratio (0-1).
Show Reference Bands (default: true)
Display the high/low efficiency threshold lines.
Low/High Efficiency Level (default: 30/70)
Thresholds for classifying efficiency zones.
Overlay Effect (default: None)
• None: No overlay
• Background Tint: Subtle chart background color in high/low zones
• Bar Highlight: Color bars during low efficiency periods
Show Data Window Values (default: true)
Export all raw values (Net Displacement, Path Length, Efficiency, Chop Cost, Chop %) to the data window for analysis.
█ USE CASES
This indicator helps traders understand:
• Why some trends are "clean" and others are "messy"
• When price is consolidating vs trending (without using volume)
• The relationship between movement and progress
• Why high-chop environments are difficult to trade
This is the foundational concept behind more advanced regime detection systems.
█ SUITABLE MARKETS
Works on: Stocks, Futures, Forex, Crypto
Timeframes: All timeframes
Note: This is a price-only indicator — no volume required
█ DISCLAIMER
This indicator is for informational and educational purposes only. It does not constitute financial advice. It does not generate trading signals. Past performance does not guarantee future results. Always conduct your own analysis.
Test此指標為測試階段
最近手法改變,高點出現率後移,
此指標為爆量後跌破12ema才放空,
由於操盤手還是可以騙線,故時間設定為10:00之後成功率比較大
This indicator is in the testing phase.
Recently, the method has changed, and the occurrence rate of high points has shifted later.
This indicator only calls for shorting after a surge in volume followed by a drop below the 12-day moving average (EMA).
Because traders can still create false signals, setting the time after 10:00 AM increases the success rate.
Gold Sniper MGC1! - M30 Precision vPOCThis Pine Script, titled "Gold Sniper MGC1! - M30 Precision vPOC," is a high-precision intraday trading tool designed specifically for Micro Gold (MGC1!) futures. It integrates Market Profile and Volume Profile logic to identify key institutional levels across various trading sessions.
Core Functionality
The script identifies and plots the Volume Point of Control (vPOC)—the price level with the highest traded volume—for specific time windows:
P.vPOC (Previous vPOC): Calculated using a Daily VWAP sync to align perfectly with institutional data from the previous day.
vPOC Today: Tracks the developing Point of Control for the current global session (18:00 - 17:00).
Killzone vPOCs: Specifically isolates the highest volume price levels for the Asia (02h-08h), London (08h-14h), and New York (14h-17h) sessions.
Key Technical Features
Institutional Alignment: By utilizing request.security and hl2 median price calculations on a 30-minute basis, the script filters out market noise and aligns with the structural levels used by "Smart Money".
Dynamic Labels (Vignettes): Each level is projected to the right of the price action with a color-coded label. These labels dynamically display both the Level Name and the Exact Price (to two decimal places), facilitating rapid order entry.
Visual Hierarchy:
Black (Solid): Previous Day's Value (P.vPOC).
White (Dotted): Current Day's Developing Value.
Gold/Cyan/Orange: Specific Killzone session values.
Strategic Application
This script serves as the "Map" for the Gold Sniper MGC1! strategy. Traders use these levels to identify Liquidity Sweeps or Market Structure Shifts (MSS). When the price interacts with these vPOCs, it often signals institutional rejection or acceptance, providing high-probability entry points for intraday "Sniper" setups.
Ultimate Institutional Order Flow Pro [Pointalgo]Ultimate Institutional Order Flow (UIOF Pro)
Ultimate Institutional Order Flow (UIOF Pro) is a multi-component market analysis indicator designed to study order flow behavior, liquidity interaction, volatility structure, and session-based participation.
It integrates several commonly used market structure and order-flow concepts into a single visual framework.
This script focuses on context and alignment, not on isolated signals.
Core Objective
The indicator aims to identify areas where price, volume, liquidity, and structure appear aligned in the same direction.
It does this by combining:
VWAP behavior
Volume participation
Cumulative delta analysis
Liquidity pool interaction
Order blocks and fair value gaps
Market structure shifts
Session and higher-timeframe confirmation
VWAP & Volatility Framework
Calculates VWAP using session, weekly, or monthly anchors.
Optional VWAP standard-deviation bands visualize price dispersion.
VWAP slope and price position are used to classify directional bias.
VWAP is treated as a dynamic equilibrium reference rather than a signal.
Cumulative Volume Delta (CVD)
Estimates buy and sell pressure based on intrabar price movement.
Tracks cumulative delta and a smoothed delta average.
Uses delta change normalization to highlight abnormal activity.
Detects potential delta divergences when price and participation differ.
CVD is used to assess whether participation supports or contradicts price movement.
Liquidity Zones & Sweeps
Identifies recent swing highs and lows as potential liquidity pools.
Tracks buy-side and sell-side liquidity areas.
Flags conditions where price sweeps liquidity beyond recent extremes.
Liquidity interaction is treated as context, not prediction.
Order Blocks
1. Detects potential bullish and bearish order blocks using:
Candle structure
Volatility thresholds
Volume confirmation
2.Highlights areas where strong participation followed opposing price movement.
Order blocks are visual reference zones and do not imply guaranteed reactions.
Fair Value Gaps (FVG)
Identifies imbalance zones where price moves without overlapping structure.
Filters gaps using ATR-based size conditions.
Visual shading is used to highlight imbalance areas.
These zones may represent inefficient price movement requiring further interaction.
Volume Profile & Point of Control (POC)
Builds a simplified volume profile over a configurable lookback window.
Determines the price level with the highest traded volume (POC).
POC is used as a reference for acceptance or rejection behavior.
Market Structure
Evaluates recent highs and lows to identify structure breaks.
Classifies directional structure as bullish, bearish, or neutral.
Structure is used as a directional filter rather than a trigger.
Multi-Timeframe Confirmation
Optional higher-timeframe confirmation aligns lower-timeframe behavior with broader context.
Prevents analysis from relying on isolated timeframe conditions.
Session Filtering
1. Allows analysis to be limited to specific trading sessions.
2. Helps reduce signals during low-participation periods.
3. Session logic affects signal eligibility, not calculations.
Signal Logic
Signals are generated only when multiple independent conditions align, including:
Liquidity interaction
Order block presence
VWAP bias
Delta confirmation
Structure alignment
Volume participation
Optional higher-timeframe confirmation
Active trading session
Strong continuation conditions are also highlighted when price, volume, and participation remain aligned.
Signals represent confluence states, not trade instructions.
Dashboard Summary
A real-time dashboard summarizes:
VWAP bias and slope
CVD strength and direction
Delta behavior
Market structure state
Higher-timeframe context
Volume conditions
Liquidity pool counts
Session activity
This provides a high-level snapshot of market conditions without manual calculation.
Alerts are available for:
Institutional alignment conditions
Strong continuation pressure
Liquidity sweeps
Delta divergences
Alerts are informational and reflect internal indicator states only.
Usage Notes
Designed for analytical interpretation and market study.
Best used alongside price action and risk management methods.
Performance depends on instrument liquidity and volume quality.
All visual elements can be individually enabled or disabled.
Disclaimer
This script is provided for educational and analytical purposes only.
It does not provide financial, investment, or trading advice.
All outputs should be independently verified before making trading decisions.
PDH(RTH)+PMH / PDL(RTH)+PML First Break + 3m EMA RetestIncludes retest notification for passed or failed on 3min 9EMA.
AI Reversal Signals Custom [wjdtks255]📊 Indicator Overview: AI Reversal Signals Custom
This indicator is a comprehensive trend-following and reversal detection tool. It combines the long-term trend bias of a 200 EMA with highly sensitive RSI-based reversal signals and momentum visualization. It is designed to capture market bottoms and tops by identifying exhaustion points in price action.
Key Features
200 EMA (Trend Filter): A gold line representing the long-term institutional trend. It helps traders distinguish between "buying the dip" and "catching a falling knife."
Reversal Buy/Sell Labels: Real-time signals that appear when the market recovers from extreme overbought or oversold conditions.
Dynamic Background Clouds: Visual indicators of trend strength changes, highlighting potential entry zones.
Momentum Histogram: Internal calculations mimic the "Bottom Bars" seen in professional suites to track the velocity of price movement.
📈 Trading Strategy (How to Trade)
1. High-Probability Long Setup (Buy)
Trend Confirmation: Price should ideally be trading above the 200 EMA for the highest success rate.
Signal: Wait for the "BUY" label to appear below the candle.
Momentum: Confirm with the Light Green background or histogram shift indicating recovery.
Entry: Enter on the close of the signal candle.
2. High-Probability Short Setup (Sell)
Trend Confirmation: Price should ideally be trading below the 200 EMA.
Signal: Wait for the "SELL" label to appear above the candle.
Momentum: Confirm with the Red background or histogram fading from green to red.
Entry: Enter on the close of the signal candle.
3. Risk Management
Stop Loss: Place your Stop Loss slightly below the recent swing low for Buy orders, or above the recent swing high for Sell orders.
Take Profit: Exit when the price reaches a major support/resistance level or when an opposing signal appears.
💡 Professional Tip
For the best results, use this indicator on the 15-minute or 1-hour timeframes. The most powerful "Ultimate Reversal" signals occur when there is a Bullish Divergence (Price making lower lows while the RSI makes higher lows) followed by a confirmed "BUY" label.
