AMS Nested Bands

The AMS Nested Bands HUD is a contextual market structure tool designed to help traders understand where price is trading, not what to trade.

This indicator visualizes higher-timeframe reference ranges (Macro) alongside intraday structural segments (Micro) to provide a clear, normalized view of acceptance, rejection, and regime behavior throughout the session.

🔹 What This Indicator Shows

• Macro Bands (PD / PM)
  
• Prior Day and Premarket high/low ranges
  
• Visual context for balance, expansion, and rejection
  
• Optional anchor lines for precise reference
  
• Micro Bands (Intraday Segments)
  
• Session-aware intraday structure
  
• Rolling, RTH-anchored, or ORB-anchored segmentation
  
• Designed to reveal short-term acceptance vs rotation
  
• Acceptance & Rejection Logic
  
• Inside vs Accepted vs Rejected states
  
• Soft vs hard rejection detection
  
• Wick-based rejection markers (optional)
  
• Normalized Context Metrics
  
• Band thickness (volatility-adjusted)
  
• Proximity scores (ATR-normalized)
  
• Inside % statistics for regime awareness
  
• HUD Summary
  
• Session state (RTH / Premarket / Off-hours)
  
• Balance vs expansion bias
  
• Macro & Micro alignment
  
• Key reference levels (PDH, PDL, PMH, PML)
  

🔹 How to Use It

This script is not a signal generator.

It is intended to:

• Frame trades taken with other tools or strategies
  
• Identify areas of acceptance, rejection, and transition
  
• Provide objective context for ORB, trend continuation, or mean-reversion setups
  

Common use cases include:

• Opening Range Breakout context
  
• Intraday trend vs balance assessment
  
• Fade vs continuation decision support
  

🔹 Important Notes

No entries, exits, or alerts are provided

No repainting

Designed for intraday equities and ETFs

On lower timeframes, rolling micro segmentation may increase visual density

🔹 Recommended Pairings

This indicator works best when combined with:

• Trend or momentum tools
  
• Execution-timeframe price action
  
• Volume or VWAP-based context
  

Built for traders who value structure, context, and clarity over signals.