Raeinex Momentum Liquidity IndexEntry arrow signals with volumetric momentum (buying and selling pressure) and the possibility to use all entry signals as liquidity area for price retest.
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Absorption BubblesSUMMARY
This indicator visualizes absorption events by plotting bubbles on candle wicks where volume activity suggests one side of the market is absorbing the other’s pressure. Instead of raw volume, the script normalizes activity against a rolling standard deviation defined by the Lookback Period. Bubbles appear on upper or lower wicks depending on whether buyers or sellers are absorbing pressure. The goal is to highlight whether aggressive orders are being accepted or absorbed at key price points.
METHODOLOGY
Absorption occurs when one side of the market absorbs aggressive orders from the other, preventing continuation. The script measures normalized volume against a user‑defined threshold to filter out weaker signals.
Green bubbles on upper wicks → Selling absorption (buyers push price up, sellers absorb the buying).
Red bubbles on lower wicks → Buying absorption (sellers push price down, buyers absorb the selling).
Red‑colored bars highlight candles where large volume is concentrated inside the body, signifying aggressive selling activity.
Green‑colored bars highlight candles where large volume is concentrated inside the body, signifying aggressive buying activity.
The Lookback Period controls how many bars are used to calculate the rolling standard deviation of volume, letting traders adjust sensitivity to recent vs. longer‑term activity. Optional significant volume lines extend forward, marking areas where absorption was strongest.
FUNCTIONS
Normalized volume detection using rolling standard deviation
Adjustable Lookback Period for volume normalization
Dynamic bubble plotting on candle wicks (size scales with absorption strength)
Separate visualization for buying vs. selling absorption
Alerts for buying absorption, selling absorption, or any absorption event (only at bar close)
Bar coloring when large absorption occurs inside candle bodies
APPLICATION
Setup: Add the script to any chart and timeframe. Adjust the Absorption Threshold to filter out weaker bubbles and the Lookback Period to control how volume normalization is calculated. Red bubbles highlight buying absorption, often signalling potential price pivots - price can often go upwards from this. Green bubbles mark selling absorption, reflecting resistance to upward moves - price may go downwards from this.
Interpretation:
Green bubbles on upper wicks = sellers absorbing buying pressure.
Red bubbles on lower wicks = buyers absorbing selling pressure.
Larger bubbles = stronger absorption relative to recent volume.
Settings & Use:
Raising the Absorption Threshold filters out smaller bubbles, leaving only significant absorption events.
Changing the Lookback Period alters how “normal” volume is defined — shorter periods make the script more sensitive, longer periods smooth out noise.
Alerts can be set for buying absorption, selling absorption, or any absorption event, and they only trigger at bar close to avoid noise.
Session Volume Profile Sniffer: HVN & Rejection ZonesA simple tool built for traders who rely on intraday volume structure.
What this script does
This script tracks volume distribution inside a selected session and highlights two key price levels:
High Volume Nodes (HVNs) — areas where price spent time building heavy participation.
Low Volume Nodes (LVNs) — thin zones where price moved quickly with very little interest.
Instead of plotting a full profile, this tool gives you the exact rejection-level lines you usually hunt manually.
Why these levels matter
HVN → price tends to react, stall, or flip direction
LVN → price often rejects strongly since liquidity is thin
Rejection patterns around these areas give clean entry signals
Positioning trades around HVN/LVN helps filter noise in choppy sessions
This script removes the trouble of drawing profiles, counting bins, or guessing node levels. Everything is calculated inside the session you choose.
How the detection works
Inside your session window, the script:
1. Tracks each tick-based price bucket
2. Accumulates raw volume for every bucket
Identifies:
HVNs = buckets with volume above a tier
LVNs = buckets with volume below a tier
3. Prints each level as a single clean line
4. Generates:
Long signal → bounce from LVN
Short signal → rejection from HVN
Built-in exits use ATR-based conditions for quick testing.
Features
Session-based volume mapping
HVN + LVN levels drawn automatically
Entry triggers based on rejection
ATR exits for experimental backtests
Clean, minimal visual output
Best use cases
Intraday futures
Index scalping
FX sessions (London / NY)
Crypto sessions (user-timed)
Anyone who trades around volume structure
Adjustable settings
Session window
Volume bin size
HVN multiplier
LVN multiplier
Enable/disable zone lines
This keeps it flexible enough for both scalpers and slow-paced intraday setups.
Important note
This script is built for study + idea testing.
It is not intended as a final system.
Once you identify how price behaves around these nodes, you can blend this tool into your own setup.
VolumeTradingView made the default "Volume" script and I found it very bland because it only displayed volume.
This script is more than just about volume. It also includes:
- A comparison between price increase between the last candle of the post-market hours and first candle of the pre-market hours.
- Relative volume label of that sequence.
- Explicit pre-market, RTH, and post-market hours labels.
GARCH Volume Volatility [MarkitTick]Title: GARCH Volume Volatility
Description
Overview
The GARCH Volume Volatility (GV) indicator is a sophisticated quantitative tool designed to analyze the rate of change in market participation. While the vast majority of technical indicators focus on Price Volatility (how much price moves), this script focuses on Volume Volatility (how unstable the participation is).
Market volume is rarely distributed evenly; it tends to cluster. Periods of high activity are often followed by more high activity, and periods of calm tend to persist. This behavior is known as "heteroskedasticity." This script utilizes an Exponentially Weighted Moving Average (EWMA) model—a core component of Generalized Autoregressive Conditional Heteroskedasticity (GARCH) frameworks—to model these changing variance regimes.
By isolating volume volatility from raw volume data, this tool helps traders distinguish between sustainable liquidity flows and erratic, unsustainable volume shocks that often precede market reversals or breakouts.
Methodology and Calculations
1. Logarithmic vs. Percentage Returns
The foundation of this indicator is the calculation of "Volume Returns"—the period-over-period change in volume.
- The script defaults to Logarithmic Returns. In financial statistics, log returns are preferred because they normalize data that can vary wildly in magnitude (such as cryptocurrency volume spikes), providing a more symmetric view of changes.
- Users can opt for standard percentage changes if they prefer a linear approach.
2. Variance Proxy (Squared Returns)
To measure volatility, the direction of the volume change (up or down) matters less than the magnitude. The script squares the returns to create a "Variance Proxy." This ensures that a massive drop in volume is treated with the same statistical weight as a massive spike in volume—both represent a significant change in the volatility of participation.
3. GARCH-Style Smoothing (EWMA)
Standard Moving Averages (SMA) treat all data points in the lookback period equally. However, volatility is dynamic. This script uses an EWMA model with a tunable "Lambda" (Decay Factor).
- The Recursive Formula: The current calculation relies on a weighted average of the current variance and the previous period's smoothed variance.
- Memory Effect: This allows the indicator to "remember" recent volatility shocks while gradually letting their influence fade. This mimics the GARCH process of conditional variance.
4. Dynamic Statistical Thresholds
The final output is the Volatility (square root of variance). To make this data actionable, the script calculates a dynamic upper and lower limit based on the standard deviation (Z-Score) of the volatility itself over a user-defined lookback period.
How to Use
The indicator plots a histogram that categorizes the market into four distinct volatility regimes:
1. High Volatility (Red Histogram)
Trigger: Volatility > High Band (Upper Standard Deviation).
Interpretation: This signals an extreme anomaly in volume stability. This is not just "high volume," but "erratic volume behavior." This often occurs at:
- Capitulation bottoms (panic selling).
- Euphoric tops (blow-off tops).
- Major news events or earnings releases.
2. Elevated Volatility (Maroon Histogram)
Trigger: Volatility > Mean Average.
Interpretation: The market is in an active state. Participation is changing rapidly, but within statistically normal bounds. This is common during healthy, trending moves where new participants are entering the market steadily.
3. Normal/Low Volatility (Green Histogram)
Trigger: Volatility is within the lower bands.
Interpretation: The market volume is stable. There are no sudden shocks in participation. This is typical of consolidation phases or "creeping" trends where the price drifts without significant volume conviction.
4. Extremely Low Volatility (Bright Green/Transparent)
Trigger: Volatility < Low Band.
Interpretation: The "calm before the storm." When volume volatility collapses to near-zero, it implies that the market has reached a state of equilibrium or disinterest. Historically, volatility is cyclical; periods of extreme compression often lead to violent expansion.
Settings and Configuration
Core Settings
- Use EWMA: When checked (Default), uses the recursive GARCH-style calculation. If unchecked, it reverts to a simple SMA of variance, which is less sensitive to recent shocks but more stable.
- Log Returns: Uses natural log for calculations. Highly recommended for assets with exponential growth or large volume ranges.
- Length: The baseline period for the calculation.
- Threshold Lookback: The number of bars used to calculate the Mean and Standard Deviation bands.
- EWMA Lambda: The decay factor (0.0 to 1.0). A value of 0.94 is standard for risk metrics.
-- Higher Lambda (e.g., 0.98): The indicator reacts slower and is smoother (long memory).
-- Lower Lambda (e.g., 0.80): The indicator reacts very fast to new data (short memory).
Visuals
- Show Thresholds: Toggles the visibility of the statistical bands on the chart.
- High Band (StdDev): The multiplier for the upper warning zone. Default is 1.5 deviations. Increasing this to 2.0 or 3.0 will filter for only the most extreme events.
Disclaimer This tool is for educational and technical analysis purposes only. Breakouts can fail (fake-outs), and past geometric patterns do not guarantee future price action. Always manage risk and use this tool in conjunction with other forms of analysis.
Pulsar Heatmap CVD/OBV [by Oberlunar]Pulsar Heatmap CVD/OBV by Oberlunar is a non-repainting order-flow-like indicator designed to support fast, practical decisions—especially for day trading and scalping. It blends OBV and CVD into a structured heatmap with three lanes (OBV, CVD, and a blended COMBO) and splits each lane into two halves: flow pressure and price reaction (PriceΔ) . All values are normalised into the same range, so the intensity of each component is easy to compare at a glance.
In a simple sense, Pulsar Heatmap aims to provide a clean, integrated order-flow view: one framework that turns well-known volume concepts into a clearer read of market pressure and response. Personally, it feels like the kind of tool I would have always wanted on my chart, because it brings familiar information together into a more organic picture that is easier to use in real time.
Visually, the indicator is built around three main elements: the heatmap lanes , a pulsing triangle HUD , and a timed dashboard table . Under the hood, it follows a clear hierarchy: a Bias layer (directional context with a confidence percentage), a strict Signal layer (triggered only when full alignment occurs, with optional confirmation and stickiness), and optional timing logic based on ROC + Acceleration to validate impulses and highlight potential Exhaustion or Absorption regimes. With the option "Safe Mode" enabled, calculations update only on confirmed bars, so signals remain stable and do not repaint.
Optionally, the script can also print signal arrows/labels on the main chart only when a real Signal triggers (not when you only have Bias). To keep the chart clean, the same-direction label is not repeated unless the next signal appears at a more advantageous price than the previous one (for shorts: a higher price; for longs: a lower price). If the direction flips (SHORT → LONG or LONG → SHORT), label printing is re-enabled immediately.
What makes Pulsar Heatmap feel different is that it doesn’t leave you with two separate lines and a lot of guesswork. It organises the information into a readable decision map: pressure , response , agreement , disagreement , impulse , and timing . It was built with scalping in mind, but it’s not limited to scalping: the structure is useful whenever you want context first, and a strict trigger only when alignment is truly present.
Clean Trend Alignment (Ideal Continuation)
A “best case” scenario where flow and price response agree across lanes, so the system produces a high-confidence direction and a clean trigger. Show the heatmap with consistent colouring, the Bias band strong, and a confirmed signal/bias.
Setup 1 — Long Signal (Clean Alignment + Impulse)
In this example, Pulsar Heatmap transitions into a clear long setup when the system prints a LONG SIGNAL . The key idea is simple: the indicator does not enter on “bias” alone. It waits for full alignment across the internal lanes, optionally reinforced by the ROC/Acceleration impulse layer, and only then does it confirm a signal on a closed bar (Safe Mode).
What to highlight on the screenshot
The LONG SIGNAL label: this is the only moment the setup is considered “triggered”.
The LONG BIAS % label: this is context (direction + confidence), not the trigger.
The Triangle HUD : it visually summarises which component is driving the move (OBV/CVD/COMBO weight).
The Timed Table : show that Exhaustion is OFF while impulse metrics are supportive ( dynROC U and dynACC U positive).
If present, the Absorption state (e.g., ABS_LONG + “tight range”): it often appears during compression before expansion, and it adds context to why the breakout can accelerate.
How to read this long setup
Context : Bias is long (even if the % is not huge yet), and the system is not showing exhaustion.
Trigger : A LONG SIGNAL appears only after full alignment (with confirmation bars). If dynamic gating is enabled, the signal is valid only when the impulse agrees.
Quality checks : Positive dynROC and dynACC support the timing; absence of exhaustion reduces the risk of “late entry”. Absorption/tight range can indicate a “pressure build-up” phase.
Practical scalping execution (simple rule set)
Entry timing: consider the entry only on (or immediately after) the confirmed LONG SIGNAL candle.
Risk idea: invalidate the setup if the signal flips, or if price falls back into the compression/range that preceded the move (common absorption-breakout logic).
Exit clue: if Exhaustion turns ON or impulse weakens (acceleration flips), treat it as a warning to reduce exposure or take profit.
Setup 2 — Short Signal After Compression (Absorption → Release)
In this screenshot the short trade idea is not coming from “red candles” alone, but from a very specific sequence: the heatmap shows a shift into bearish alignment, the system prints a SHORT SIGNAL , and the timed module confirms that the market was in a tight range while sell pressure started to dominate.
What this image is really showing
You have a SHORT SIGNAL label on the chart: this is the trigger moment (not the bias).
The context reads SHORT BIAS 18% : it’s supportive, but the execution decision is driven by the signal.
The table shows Absorption = SHORT with a tight range (Range % is low): this often means price was compressed while one side kept applying pressure.
dyn metrics are negative ( dynROC U < 0 and dynACC U < 0): the impulse is coherent with the short direction, so the move is not just “random drift.”
How to read the heatmap here
Earlier, the lanes are mixed (more “two-sided”), then near the signal, the heatmap becomes decisively bearish. That change matters: it tells you the market stopped being balanced and started leaning in one direction with better internal coherence.
Why is this short “high quality” in scalping terms
Compression first : absorption/tight range means the market was storing energy.
Alignment next : the signal appears when the internal lanes agree.
Impulse last : negative ROC + negative acceleration support a real downside push, reducing the odds of a weak, slow fade.
Simple ensure-you-don’t-overtrade rule
Treat the SHORT SIGNAL as the only “go” moment. If you only see bias without signal, or the heatmap stays mixed/disagreeing, it’s usually a lower-quality scalp environment.
Disagreement Zone (Mixed Votes, Higher Risk) — A Practical Exit Area
In this screenshot, Pulsar Heatmap is clearly warning that the market is no longer “one-sided”. You can still see a directional context ( SHORT BIAS 11% ), but the key message is the DISAGREE tag: the reminder that the internal votes are split and the flow/price components are no longer moving in a clean, coherent way.
What this means in a trend continuation is very practical: a Disagreement Zone is often a good EXIT area . When you are already in a short trend, this is the moment where continuation becomes less reliable and where the market can start rotating, stalling, or snapping back.
Why it works as an exit trigger
In a healthy continuation, the lanes tend to stay aligned. Here they don’t: one or more halves contradict the dominant direction.
That loss of coherence typically shows up before the chart becomes obvious, so it can act as an early warning.
For scalping, this is where risk/reward often deteriorates: spreads, noise, and whipsaws increase exactly when the indicator starts disagreeing.
How to use it in a simple way
If you are already short , treat DISAGREE as a signal to take profit, tighten the stop, or scale out .
Avoid adding to the position inside disagreement: even if bias remains short, the internal structure is not “clean” enough to justify aggressive continuation entries.
If later the heatmap returns to full alignment and a new SHORT SIGNAL appears (ideally at a better price), then the continuation becomes actionable again.
“DISAGREE during a short continuation: coherence breaks down. In practice, this is often an exit/scale-out zone, not a fresh entry zone.”
Setup 3 — Neutral State (Stand-By Zone, No Trade Yet)
In the following screenshot, Pulsar Heatmap is doing something very important: it is clearly saying NEUTRAL 0% . Even if, visually, price could “look” like it might resume upward, the indicator is not providing a directional edge yet. This is a classic stand-by condition: the market is transitioning, and the internal components are not aligned enough to justify a directional scalp.
“Neutral 0%: mixed votes and no dominant driver. Even if the price looks promising, Pulsar stays in stand-by until bias rebuilds and a confirmed signal appears.”
What to highlight on the screenshot
The centre label NEUTRAL 0% : this is the key message—no bias strength worth following.
The heatmap is mixed/transitioning: lanes are not consistently one colour, meaning votes are not coherent.
The triangle HUD sits close to the centre: it visually reflects “no dominant driver” right now.
The table can still show background context (e.g., Absorption with a tight range), but that does not override neutrality: it’s information, not a trigger.
How to interpret “Neutral” in practice
When the indicator is neutral, it means the system sees a balance between pressure and reaction (or conflicting components), so direction is statistically less reliable. In scalping terms, this is usually where spreads and noise can eat you alive if you force entries.
Why this is still useful (even without a trade)
Neutral is not “nothing”—it is a filter. It prevents you from trading when the signal quality is low, and it forces the workflow to be clean: wait for Bias to build, then wait for a confirmed Signal , and only then treat it as a real setup.
What you wait for next
If the market turns bullish again, you want to see heatmap alignment returning and eventually a confirmed LONG SIGNAL —however, in the following examples, the heatmap does not follow the trade completely (unlike the previous generated long signal). Thus, a long entry is very risky.
If the market rolls over, you want the opposite: bearish alignment and a confirmed SHORT SIGNAL . Until one of these happens, Neutral = stand-by .
Setup 4 — Impulse + Exhaustion (Late-Stage Move, Don’t Chase)
In this screenshot, you’re basically seeing a “timing warning” configuration. Price prints a sharp bearish extension, but Pulsar Heatmap is not presenting it as a clean continuation setup: the center read is NEUTRAL 0% , while the timed engine shows both Absorption = SHORT and Exhaustion = SHORT . That combination often means: the downside pressure was real, but the move is already in a late/fragile phase (good for managing an existing short, not for opening a new one).
How to read it (practical scalping logic)
Absorption SHORT = there was compression/tight action with persistent bearish pressure building under the surface.
Exhaustion SHORT = the impulse is “spent” or destabilising (acceleration signature is no longer healthy for continuation entries).
Neutral 0% on the main HUD = the system is not granting directional confidence anymore, even if the last candles look aggressive.
Translation: if you were already short, this zone is often for taking profit / tightening risk . If you are not in, it’s usually a wait-for-reset moment.
Possible mean reversions in yellow
Those yellow tiles are the indicator’s “caution prints” (the same colour family used to express DISAGREE ). They appear when the internal structure becomes mixed —i.e., some halves/lanes are not supporting the dominant direction cleanly (or a divergence-style conflict is detected). In practice, they often mark the transition from clean pressure to noisy/late pressure , which is exactly where chasing entries tends to be punished.
How to use them
In a trend continuation, yellow tiles are a strong hint to stop adding and to manage risk more defensively (or treat the phase as “risky trend reversion”).
When they show up near an extension candle (like here), they often signal that the move is shifting into a less stable regime—better for protecting profits than for initiating new entries.
Stepping back for a moment, OBV (On-Balance Volume) and CVD (Cumulative Volume Delta) are both classic tools for studying volume flow, but they differ in what they measure. OBV tracks cumulative volume using price direction: it adds volume on up closes and subtracts it on down closes. CVD tracks the net difference between buying and selling pressure, aiming to reflect the effective push from buyers versus sellers. Both describe the "force behind price" , but from different angles.
OBV is the more traditional approach. It increases when the market closes higher and decreases when it closes lower, so it often works well as a trend-support and divergence tool: if price rises while OBV falls, that mismatch can suggest weakness beneath the move. Because it relies on the close-to-close direction, OBV naturally aligns with trend confirmation across bars.
CVD , instead, is about the ongoing battle between buyers and sellers. Conceptually, it accumulates the net delta between aggressive buying and aggressive selling over time. Positive values tend to indicate stronger buying pressure; negative values indicate stronger selling pressure. Its focus is the tug-of-war itself—who is pushing, rather than simply whether the bar ended up closing up or down.
The practical differences are straightforward. OBV uses the closing direction to assign the full volume, so it tends to be more connected to the overall trend structure. CVD is usually more sensitive to shifts in pressure and can react faster when the market changes character. OBV is commonly used to confirm trends and highlight divergences; CVD is commonly used to spot early pressure changes and moments where one side starts to dominate.
This is also why combining them inside one normalised framework can be so effective. You are not relying on a single volume interpretation. You are pairing a trend-confirmation view (OBV) with a pressure-sensitive view (CVD), and you are making them comparable in a shared scale so agreement and divergence become immediately visible. When they agree, conviction is clearer. When they diverge, you often see important information—hesitation, absorption, or pressure that the price is not fully accepting.
👁️ by Oberlunar ⭐
Kinetic Scalper [BULLBYTE]KINETIC SCALPER - ADVANCED MOMENTUM & CONFLUENCE TRADING SYSTEM
A SOPHISTICATED MULTI-FACTOR ANALYSIS INDICATOR FOR PRECISION ENTRIES
The Kinetic Scalper is a comprehensive trading analysis tool that combines volume-weighted momentum calculations, multi-oscillator divergence detection, and a proprietary 15-factor confluence scoring system to identify high-probability reversal setups across all timeframes.
WHAT MAKES THIS INDICATOR ORIGINAL
This is NOT a simple mashup of existing indicators.
The Kinetic Scalper features a completely custom momentum engine called the "Kinetic Pulse" - a volume-weighted momentum oscillator with Fisher Transform normalization that fundamentally differs from standard RSI or other momentum indicators. Every component feeds into a unified algorithmic framework designed specifically for this system.
KEY INNOVATIONS:
KINETIC PULSE ENGINE
Unlike standard RSI which uses simple price changes, the Kinetic Pulse applies:
→ Volume weighting to price movements (high-volume moves carry more weight)
→ EMA smoothing instead of traditional SMA (faster response to changes)
→ Fisher Transform normalization for improved signal clarity
→ Adaptive period adjustment based on current volatility regime
→ Result: A momentum oscillator that responds to conviction, not just price noise
15-FACTOR CONFLUENCE SCORING SYSTEM
Every signal is graded based on the number of confirming factors present:
→ Momentum position (oversold/overbought extremes)
→ Momentum velocity (direction change confirmation)
→ Momentum acceleration (strength of reversal)
→ Multi-oscillator divergence (price vs. 3 oscillators)
→ Volume confirmation (above-average participation)
→ Volume delta analysis (buying vs. selling pressure)
→ Higher timeframe alignment (trend confirmation from larger timeframe)
→ Session timing (major forex session awareness)
→ Structure clearance (clear path to profit targets)
→ Support/resistance proximity (confluence with key levels)
→ Market regime filtering (trending vs. choppy conditions)
Signals are graded A+, A, or B based on how many factors align:
• CONSERVATIVE MODE: A+ requires 12+ factors, A requires 9+, B requires 7+
• BALANCED MODE: A+ requires 10+ factors, A requires 7+, B requires 5+
• AGGRESSIVE MODE: A+ requires 8+ factors, A requires 5+, B requires 3+
TRADE ANALYSIS STATE MACHINE
A sophisticated monitoring system that tracks trade conditions in real-time using:
→ 5-state analysis framework (Factors Aligned / Positive Bias / Mixed Signals / Factors Weakening / Negative Bias)
→ Hysteresis-based transitions (different thresholds to enter vs. exit states)
→ Confidence smoothing with EMA (reduces noise, prevents flip-flopping)
→ Minimum commitment periods before state changes
→ Override logic for significant events (near TP/SL, momentum reversals)
→ Result: Stable, actionable guidance that doesn't change on every bar
INSTRUMENT-AWARE CALIBRATION
Automatically detects what you're trading and applies optimized parameters:
→ Forex Majors: Standard ATR, high session weight
→ Forex Crosses: Tighter stops, moderate session weight
→ Crypto: Wider stops (1.8x multiplier), reduced session weight (24/7 markets)
→ Indices: Moderate-wide stops, high session weight
→ Commodities: Moderate stops, moderate session weight
WHAT THIS INDICATOR DOES
The Kinetic Scalper is designed to identify high-confluence reversal opportunities by analyzing multiple dimensions of market behavior simultaneously.
CORE FUNCTIONS:
1. SIGNAL GENERATION
→ Identifies potential reversal points at oversold/overbought extremes
→ Confirms with multi-oscillator divergence detection
→ Validates with volume, higher timeframe, and structural analysis
→ Filters out low-probability setups automatically
→ Grades signals based on total confluence factors present
2. AUTOMATED TRADE TRACKING
→ Calculates structure-based or ATR-based stop loss levels
→ Projects take profit targets using risk-to-reward ratios
→ Monitors live position status (P/L, distance to targets, R-multiple)
→ Tracks TP1 and TP2 hits automatically
→ Displays outcome markers (TP HIT, PARTIAL WIN, STOPPED)
3. REAL-TIME CONDITION MONITORING
→ Analyzes 6 factor categories during active trades
→ Provides confidence scoring (0-100 scale)
→ Generates actionable guidance based on current market state
→ Alerts when conditions deteriorate or improve
→ Helps with trade management decisions
4. COMPREHENSIVE MARKET ANALYSIS
→ Session detection (Asian, London, New York, Overlap)
→ Volatility regime identification (Low, Normal, High, Extreme)
→ Trend state classification (Trending Up/Down, Ranging, Transitioning)
→ Volume analysis (relative volume and delta approximation)
→ Choppiness filtering (blocks signals in ranging markets)
WHY USE THIS INDICATOR
PROBLEM: Most momentum indicators generate too many false signals at extremes.
SOLUTION: The Kinetic Scalper requires MULTIPLE confirming factors before generating a signal, dramatically reducing noise and focusing on high-confluence setups.
ADVANTAGES:
✓ QUALITY OVER QUANTITY
→ Signal grading ensures you can filter for only the highest-quality setups
→ A+ signals have 10-12+ confirming factors aligned
→ Cooldown periods prevent over-trading the same move
✓ COMPLETE TRADE FRAMEWORK
→ Entry signals with confluence justification
→ Calculated stop loss based on market structure or ATR
→ Two profit targets with clear risk-to-reward ratios
→ Live trade monitoring with factor analysis
→ Outcome tracking and visual markers
✓ ADAPTIVE TO MARKET CONDITIONS
→ Volatility-based period adjustment for momentum calculations
→ Instrument-specific ATR multipliers
→ Session awareness for forex traders
→ Higher timeframe trend filtering
→ Automatic regime detection (trending vs. choppy)
✓ TRANSPARENT METHODOLOGY
→ Every input has detailed tooltips explaining its purpose
→ Signal tooltips show exactly why a signal was generated
→ Dashboard displays all relevant market conditions
→ Factor scores are visible during trades
→ No "black box" mystery calculations
✓ NON-REPAINTING & RELIABLE
→ All signals use barstate.isconfirmed (only on closed bars)
→ Higher timeframe data uses lookahead_off with historical offset
→ No future data access or repainting behavior
→ What you see is what you get - signals don't disappear or move
HOW THE INDICATOR WORKS
SIGNAL GENERATION PROCESS:
STEP 1: MOMENTUM ANALYSIS
The Kinetic Pulse engine calculates volume-weighted momentum:
→ Price changes are weighted by volume ratio vs. 20-bar average
→ High-volume moves have more influence on the oscillator
→ Gains and losses are smoothed using EMA (not SMA like RSI)
→ Fisher Transform is applied for normalization to 0-100 scale
→ Result: Momentum reading that emphasizes conviction, not noise
STEP 2: REVERSAL DETECTION
The indicator looks for potential reversal conditions:
→ Kinetic Pulse reaching oversold zone (below dynamic lower threshold)
→ Momentum velocity turning positive after being negative (for longs)
→ OR bullish divergence detected on multiple oscillators
→ Price making lower lows while oscillators make higher lows = divergence
STEP 3: MULTI-OSCILLATOR DIVERGENCE CONFIRMATION
Divergence is validated across three sources:
→ Kinetic Pulse divergence
→ CCI divergence
→ Stochastic divergence
→ Multiple oscillators confirming divergence increases signal reliability
STEP 4: CONFLUENCE FACTOR SCORING
The system evaluates all 15 possible confirming factors:
→ Momentum position: Is pulse oversold/overbought? (+0 to +2 points)
→ Momentum direction: Is velocity reversing? (+0 to +2 points)
→ Momentum acceleration: Is reversal strengthening? (+0 to +1 point)
→ Divergence count: How many oscillators show divergence? (+0 to +2 points)
→ Volume strength: Is volume above 1.3x average? (+0 to +1 point)
→ Volume delta: Is cumulative delta positive/negative? (+0 to +1 point)
→ HTF alignment: Does higher timeframe support direction? (+0 to +2 points)
→ Session timing: Is it a prime trading session? (+0 to +1 point)
→ Clear air: Is path to targets clear of obstacles? (+0 to +1 point)
→ Structure confluence: Are we near support/resistance? (+0 to +1 point)
→ Market regime: Is market trending, not choppy? (+0 to +1 point)
Total possible score: 15 points
Minimum for signal: 3-12 points depending on sensitivity mode
STEP 5: FILTER VALIDATION
Before generating a signal, additional checks are performed:
→ Volume must be above minimum threshold (if filter enabled)
→ Higher timeframe must not oppose the signal direction (if filter enabled)
→ Target path must be clear of major resistance/support (if filter enabled)
→ Volatility must not be EXTREME (blocks signals in chaos)
→ Risk-to-reward ratio must meet minimum requirement
→ Cooldown period must have elapsed since last signal
STEP 6: SIGNAL GRADING
If all filters pass, the signal is graded based on score:
→ A+ Grade: Highest confluence (8-12+ factors depending on sensitivity)
→ A Grade: High confluence (5-9+ factors)
→ B Grade: Moderate confluence (3-7+ factors)
Only graded signals (A+, A, or B) are displayed.
STEP 7: TRADE LEVEL CALCULATION
Stop loss and targets are calculated automatically:
STOP LOSS METHODS:
• Structure-Based: Uses recent swing low/high with ATR buffer, constrained by min/max ATR limits
• ATR-Based: Pure ATR multiplier with min/max constraints
• Fixed ATR: Simple ATR multiplier, no adjustments
TARGET CALCULATION:
• TP1: Entry ± (Stop Distance × Target 1 R:R)
• TP2: Entry ± (Stop Distance × Target 2 R:R)
• Default: TP1 at 1.0 R:R (1:1), TP2 at 2.0 R:R (1:2)
STEP 8: TRADE MONITORING
Once a signal is taken, the indicator tracks:
→ Current P/L in ticks and R-multiples
→ Distance to each target in ATR units
→ Distance to stop loss in ATR units
→ TP1 hit detection (marks with label, updates lines)
→ TP2 hit detection (closes trade, marks outcome)
→ Stop loss hit detection (closes trade, differentiates partial vs. full loss)
STEP 9: FACTOR ANALYSIS (DURING TRADES)
The Trade Analysis Panel monitors 6 key factor categories:
→ Momentum: Is momentum still aligned with trade direction? (-15 to +15 pts)
→ Position: Current R-multiple position (-12 to +12 pts)
→ Volume: Is volume still supportive? (-6 to +6 pts)
→ HTF Alignment: Does HTF still support trade? (-6 to +8 pts)
→ Target Proximity: How close are we to targets? (0 to +10 pts)
→ Stop Proximity: Are we dangerously close to stop? (-15 to +3 pts)
Raw scores are summed and smoothed using 5-bar EMA to create Confidence Score (0-100).
STEP 10: STATE MACHINE TRANSITIONS
Based on smoothed confidence, the system transitions between 5 states:
→ FACTORS ALIGNED (72+): Everything looks good
→ POSITIVE BIAS (58-72): Conditions favorable
→ MIXED SIGNALS (48-58): Neutral conditions
→ FACTORS WEAKENING (22-48): Concerning signals
→ NEGATIVE BIAS (<22): Poor conditions
Hysteresis prevents rapid flipping between states (different entry/exit thresholds).
RECOMMENDED TIMEFRAMES & INSTRUMENTS
TIMEFRAME VERSATILITY:
Despite the name "Scalper," this indicator works on ALL timeframes:
✓ LOWER TIMEFRAMES (1m - 15m)
→ Ideal for: Scalping and very short-term trades
→ Expect: More signals, faster trades, requires active monitoring
→ Best for: Forex majors, liquid crypto pairs
→ Tip: Use Conservative sensitivity to reduce noise
✓ MID TIMEFRAMES (15m - 1H)
→ Ideal for: Intraday trading and day trading
→ Expect: Moderate signal frequency, 1-4 hour trade duration
→ Best for: Forex, indices, major crypto
→ Tip: Balanced sensitivity works well here
✓ HIGHER TIMEFRAMES (4H - Daily)
→ Ideal for: Swing trading and position trading
→ Expect: Fewer signals, higher-quality setups, multi-day trades
→ Best for: All instruments
→ Tip: Can use Aggressive sensitivity for more opportunities
INSTRUMENT COMPATIBILITY:
✓ FOREX MAJORS (EUR/USD, GBP/USD, USD/JPY, etc.)
→ Auto-detected or manually select "Forex Major"
→ Session filtering is highly valuable here
→ London/NY overlap generates best signals
✓ FOREX CROSSES (EUR/GBP, AUD/NZD, etc.)
→ Auto-detected or manually select "Forex Cross"
→ Slightly tighter stops applied automatically
→ Session weight reduced vs. majors
✓ CRYPTOCURRENCIES (BTC, ETH, SOL, etc.)
→ Auto-detected or manually select "Crypto"
→ Wider stops (1.8x multiplier) due to volatility
→ Session filtering less relevant (24/7 markets)
→ Works well on both spot and perpetual futures
✓ INDICES (S&P 500, NASDAQ, DAX, etc.)
→ Auto-detected or manually select "Index"
→ Session opens (NY, London) are important
→ Moderate stop widths applied
✓ COMMODITIES (Gold, Silver, Oil, etc.)
→ Auto-detected or manually select "Commodity"
→ Moderate stops and session awareness
→ Works well on both spot and futures
VISUAL ELEMENTS EXPLAINED
SIGNAL MARKERS:
The indicator offers 3 display styles (choose in settings):
• PREMIUM STYLE (Default)
→ Signal appears below/above candles with connecting line
→ Background panel with grade badge (LONG , SHORT , etc.)
→ Entry price displayed
→ Direction arrow pointing to entry candle
→ Most informative, best for detailed analysis
• MINIMAL STYLE
→ Simple dot marker with grade text next to it
→ Clean, unobtrusive design
→ Best for mobile devices or cluttered charts
→ Less visual noise
• CLASSIC STYLE
→ Diamond marker with grade badge below/above
→ Traditional indicator aesthetic
→ Good balance between info and simplicity
ALL STYLES INCLUDE:
→ Signal tooltips with complete trade plan details
→ Grade display (A+, A, or B)
→ Color coding (bright colors for A+, standard for A/B)
SIGNAL TOOLTIP CONTENTS:
When you hover over any signal marker, you'll see:
→ Signal direction and grade
→ Confluence score (actual points vs. required)
→ Reason for signal (divergence type, reversal pattern)
→ Complete trade plan (Entry, Stop, TP1, TP2)
→ Risk in ticks
→ Risk-to-reward ratios
→ Market conditions at signal (Pulse value, HTF status, Volume, Session)
TRADE LEVEL LINES:
When Trade Tracking is enabled:
• ENTRY LINE (Yellow/Gold)
→ Solid horizontal line at entry price
→ Shaded zone around entry (±ATR buffer)
→ Label showing entry price
→ Extends 20-25 bars into future
• STOP LOSS LINE (Orange/Red)
→ Dashed line at stop level
→ Label showing stop price and distance in ticks
→ Turns dotted and changes color after TP1 hit (breakeven implied)
→ Deleted when trade closes
• TAKE PROFIT 1 LINE (Blue)
→ Dotted line at TP1 level
→ Label showing price and R:R ratio (e.g., "1:1.0")
→ Turns solid and changes to green when hit
→ Deleted after TP1 hit
• TAKE PROFIT 2 LINE (Blue)
→ Solid line at TP2 level
→ Label showing price and R:R ratio (e.g., "1:2.0")
→ This is the "full win" target
→ Deleted when trade closes
OUTCOME MARKERS:
When trade milestones are reached:
• - Green label appears when first target is touched
• - Green label when second target is touched (trade complete)
• - Red label if stop loss hit before any target
• - Orange label if TP1 hit but then stopped out
PREVIOUS DAY LEVELS:
If enabled (Show Previous Day Levels):
• PDH (Previous Day High) - Solid red/orange line
→ Label shows "PDH: "
→ Useful resistance reference for intraday trading
• PDL (Previous Day Low) - Solid green line
→ Label shows "PDL: "
→ Useful support reference for intraday trading
BACKGROUND TINTS:
Subtle background colors indicate states:
→ Light green tint: Active long position being tracked
→ Light red tint: Active short position being tracked
→ Light orange tint: Extreme volatility warning (signals blocked)
DASHBOARD GUIDE
The indicator features TWO dashboard panels:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
MAIN DASHBOARD (Top Right by default)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WHEN NO TRADE IS ACTIVE:
→ Bias: Current market bias (BULLISH, BEARISH, NEUTRAL, LEAN LONG/SHORT)
→ Based on Kinetic Pulse position and velocity
→ Helps you understand overall momentum direction
→ Pulse: Current Kinetic Pulse value (0-100 scale)
→ <30 = Oversold (potential long setups developing)
→ >70 = Overbought (potential short setups developing)
→ 40-60 = Neutral zone
→ Volatility: Current volatility regime (LOW, NORMAL, HIGH, EXTREME)
→ Calculated from ATR ratio vs. 100-period average
→ EXTREME volatility blocks all signals (too chaotic)
→ Trend: Market state classification
→ TREND UP / TREND DOWN: ADX > 25, directional movement clear
→ RANGING: ADX < 20, choppy conditions
→ TRANSITIONING: ADX 20-25, developing conditions
→ VOLATILE: Extreme ATR regime
→ Session: Current forex session
→ ASIAN (00:00-08:00 UTC)
→ LONDON (07:00-16:00 UTC)
→ NEW YORK (13:00-22:00 UTC)
→ LDN/NY (13:00-16:00 UTC) - Overlap period, highest volatility
→ OFF-HOURS: Outside major sessions
→ Volume: Current volume vs. 20-bar average
→ Displayed as multiplier (e.g., "1.45x" = 45% above average)
→ Green if >1.3x (high volume, bullish for signal quality)
→ Red if <0.8x (low volume, bearish for signal quality)
→ HTF: Higher timeframe analysis status
→ BULLISH: HTF momentum supports longs
→ BEARISH: HTF momentum supports shorts
→ NEUTRAL: No clear HTF direction
→ Best Score: Highest confluence score currently available
→ Shows both long and short scores
→ Format: " / "
→ Example: "8/7 " means long score is 8, threshold is 7, long is leading
→ Helps you anticipate which direction might signal next
→ PDH/PDL: Previous day high and low prices
→ Quick reference for intraday support/resistance
WHEN TRADE IS ACTIVE:
→ Trade: Direction and grade (e.g., "LONG ")
→ Entry: Entry price of current trade
→ P/L: Current profit/loss
→ Shown in ticks and R-multiples
→ Format: "+45 | +0.75R" or "-20 | -0.35R"
→ Green when positive, red when negative
→ TP1: First target status
→ Shows price and distance if not hit
→ Shows "HIT" in green if reached
→ TP2: Second target price and distance
→ Stop: Stop loss price and current distance from stop
→ Bars: Number of bars since entry (trade duration)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
TRADE ANALYSIS PANEL (Bottom Left by default)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
This panel provides algorithmic analysis of market conditions. It does NOT provide investment advice or recommendations.
WHEN NO TRADE IS ACTIVE:
Shows scanning status and signal readiness:
→ Long/Short Readiness Gauges
→ Visual bar showing proximity to signal threshold
→ Score display (e.g., "8/7" means 8 points scored, 7 needed)
→ "RDY" indicator when threshold reached
→ Status Messages
→ "Scanning for setups..." - Normal scanning mode
→ "Long setup ready - cooldown: X bars" - Signal qualified but in cooldown
→ "Oversold conditions - watch for reversal" - Setup developing
→ "Choppy conditions detected" - Warning about market state
→ "Extreme volatility - signals blocked" - Safety filter active
WHEN TRADE IS ACTIVE:
Header shows current analysis state:
→ FACTORS ALIGNED (Green) - Everything looks good, confidence 72+
→ POSITIVE BIAS (Light Green) - Conditions favorable, confidence 58-72
→ MIXED SIGNALS (Blue) - Neutral conditions, confidence 48-58
→ FACTORS WEAKENING (Orange) - Concerning signals, confidence 22-48
→ NEGATIVE BIAS (Red) - Poor conditions, confidence <22
Confidence Score:
→ Displayed as percentage (0-100%)
→ Visual gauge (|||||.....)
→ Trend indicator (Rising, Falling, Stable)
→ Shows momentum of confidence change
Factor Breakdown (if enabled):
Shows 6 factor categories with individual scores:
→ Momentum: Is momentum aligned with trade? (-15 to +15 points)
→ Positive if velocity matches trade direction
→ Negative if momentum opposes trade
→ Position: Current R-multiple analysis (-12 to +12 points)
→ Positive if trade is in profit
→ Negative if underwater
→ Score increases as profit grows
→ Volume: Is volume supportive? (-6 to +6 points)
→ Positive if volume above average
→ Negative if volume weak
→ HTF Align: Higher timeframe status (-6 to +8 points)
→ Positive if HTF still supports trade direction
→ Negative if HTF turned against trade
→ Target: Proximity to profit targets (0 to +10 points)
→ Higher score when approaching targets
→ Bonus if TP1 already hit and near TP2
→ Stop Dist: Distance from stop loss (-15 to +3 points)
→ Negative if dangerously close to stop (<0.3 ATR)
→ Positive if well away from stop (>1.5 ATR)
Each factor shows:
• Score value with +/- indicator
• Trend symbol: + (improving), - (deteriorating), = (stable)
• Visual gauge
Guidance Messages:
→ "TARGET 2 APPROACHING" - TP2 within 0.3 ATR
→ "TARGET 1 APPROACHING" - TP1 within 0.3 ATR
→ "STOP PROXIMITY WARNING" - Stop within 0.3 ATR
→ "Factors aligned - Holding" - Positive state, stay in trade
→ "Conditions favorable" - Still looking good
→ "Conditions mixed - " - Neutral assessment
→ "Factors deteriorating" - Warning of weakening setup
→ "Confluence weakening - secure gains" - Consider exit if profitable
COMPACT MODE (Mobile-Friendly):
→ Reduces panel size by showing only essential info
→ Factor icons instead of full breakdowns
→ Simplified guidance messages
→ Perfect for smaller screens
SETTINGS GUIDE
MASTER SETTINGS:
Instrument Type
→ Purpose: Optimizes ATR multipliers and session weights for your asset
→ Options: Auto-Detect (recommended), Forex Major, Forex Cross, Crypto, Index, Commodity
→ Default: Auto-Detect
→ When to change: If auto-detection is incorrect for your symbol
Signal Sensitivity
→ Purpose: Controls how many factors required before generating signals
→ Options:
• Conservative: Requires 12+ for A+, 9+ for A, 7+ for B (fewer, highest quality)
• Balanced: Requires 10+ for A+, 7+ for A, 5+ for B (recommended)
• Aggressive: Requires 8+ for A+, 5+ for A, 3+ for B (more frequent)
→ Default: Balanced
→ When to change: If you want fewer signals (Conservative) or more opportunities (Aggressive)
Enable Trade Signals
→ Purpose: Master on/off switch for signal generation
→ Default: ON
→ When to disable: If you only want to use the analysis dashboards without signals
Enable Trade Tracking
→ Purpose: Tracks active trades and monitors conditions until TP/SL hit
→ Default: ON
→ When to disable: If you manage trades manually and don't want automatic tracking
Show Entry/Stop/Target Levels
→ Purpose: Displays trade plan lines and labels on chart
→ Default: ON
→ When to disable: If you prefer clean charts or manage levels yourself
DISPLAY SETTINGS:
Color Theme
→ Purpose: Optimizes colors for your chart background
→ Options: Dark (for dark charts), Light (for light charts)
→ Default: Dark
Signal Display Style
→ Purpose: Visual style of signal markers
→ Options:
• Premium: Badge with line and background panel (most detailed)
• Minimal: Simple dot with grade text (cleanest)
• Classic: Diamond marker with badge (traditional)
→ Default: Premium
Signal Distance
→ Purpose: How far signal labels appear from price bars (in ATR units)
→ Range: 0.5 to 10.0
→ Default: 2.0
→ When to adjust: Increase to 3.0-4.0 if signals hide behind candle wicks
TP/SL Label Distance
→ Purpose: Spacing of price labels to prevent overlap
→ Range: 0.5 to 5.0
→ Default: 1.5
Show Previous Day Levels
→ Purpose: Display PDH/PDL reference lines
→ Default: ON
→ Best for: Intraday traders who respect previous day levels
MAIN DASHBOARD:
Show Main Dashboard
→ Purpose: Toggle visibility of market conditions table
→ Default: ON
Main Dashboard Position
→ Options: Top Right, Top Left, Bottom Right, Bottom Left
→ Default: Top Right
→ When to change: To avoid overlap with TradingView's built-in panels
TRADE ANALYSIS PANEL:
Show Trade Analysis Panel
→ Purpose: Toggle factor analysis dashboard
→ Default: ON
Analysis Panel Position
→ Options: Top Right, Top Left, Bottom Right, Bottom Left, Middle Right, Middle Left
→ Default: Bottom Left
→ Recommended: Bottom Right or Middle Right to avoid overlap with Main Dashboard
Compact Mode
→ Purpose: Reduces panel size for mobile or smaller screens
→ Default: OFF
→ When to enable: Mobile trading, small screens, or minimalist preference
Show Factor Details
→ Purpose: Displays individual factor scores vs. overall confidence only
→ Default: ON
→ When to disable: For more compact view showing only state and confidence
RISK MANAGEMENT:
Stop Loss Method
→ Purpose: How stop loss distance is calculated
→ Options:
• Structure-Based: Uses swing highs/lows with ATR buffer (recommended)
• ATR-Based: Pure ATR multiplier with min/max constraints
• Fixed ATR: Simple multiplier, no adjustments
→ Default: Structure-Based
→ Impact: Structure-Based respects market geometry but constrains within safe limits
ATR Stop Multiplier
→ Purpose: Multiplier for ATR-based stop calculation
→ Range: 0.5 to 3.0
→ Default: 1.5
→ When to adjust:
• Increase to 2.0-2.5 for more breathing room (fewer false stops)
• Decrease to 1.0-1.2 for tighter stops (but more stop-outs)
Maximum Stop Distance (ATR)
→ Purpose: Cap on stop width to prevent excessive risk
→ Range: 1.0 to 5.0
→ Default: 2.5
→ Impact: If structure-based stop exceeds this, ATR-based stop is used instead
Minimum Stop Distance (ATR)
→ Purpose: Floor on stop width to avoid noise-induced stops
→ Range: 0.2 to 1.0
→ Default: 0.5
→ Impact: Prevents stops too tight to survive normal volatility
Target 1 Risk/Reward Ratio
→ Purpose: R:R for first profit target
→ Range: 0.5 to 2.0
→ Default: 1.0 (1:1 ratio)
→ Common values: 1.0 for quick profit taking, 1.5 for patient trading
Target 2 Risk/Reward Ratio
→ Purpose: R:R for second profit target (full win)
→ Range: 1.0 to 4.0
→ Default: 2.0 (1:2 ratio)
→ Common values: 2.0-3.0 for balanced risk/reward
Minimum R:R Required
→ Purpose: Filters out signals with poor risk/reward
→ Range: 0.5 to 2.0
→ Default: 1.0
→ Impact: Signals where potential reward doesn't meet this ratio are rejected
→ WARNING: Always ensure your position sizing means a stop loss = no more than 1-2% of your account, regardless of R:R ratio
SIGNAL FILTERS:
Session Awareness
→ Purpose: Weights signals higher during major forex sessions
→ Default: ON
→ Impact: Doesn't block signals, but session quality factors into scoring
→ Best for: Forex traders
Session Timezone
→ Purpose: Timezone for session calculations
→ Options: UTC, America/New_York, Europe/London, Asia/Tokyo, Asia/Hong_Kong
→ Default: UTC
→ When to change: Match your broker's server time
Higher Timeframe Alignment
→ Purpose: Checks HTF momentum before generating signals
→ Default: ON
→ Impact: Filters counter-trend signals, improves quality
→ Recommended: Keep enabled
HTF Timeframe
→ Purpose: Which higher timeframe to check
→ Default: Auto (blank field)
→ Auto selection:
• 1m chart → 5m HTF
• 5m chart → 15m HTF
• 15m chart → 1H HTF
• 1H chart → 4H HTF
• 4H+ chart → Daily HTF
→ Manual override: Enter any timeframe (e.g., "60" for 1-hour)
Volume Confirmation
→ Purpose: Requires above-average volume for signals
→ Default: ON
→ Impact: Filters low-liquidity false signals
→ Recommended: Keep enabled
Minimum Volume Ratio
→ Purpose: Volume threshold vs. 20-bar average
→ Range: 0.3 to 2.0
→ Default: 0.8 (80% of average)
→ When to adjust:
• Increase to 1.2-1.5 for only high-volume signals
• Decrease to 0.5-0.7 for more permissive filtering
Structure Clearance Check
→ Purpose: Ensures clear path to targets (no nearby resistance/support)
→ Default: ON
→ Impact: Prevents trades with immediate obstacles
→ Recommended: Keep enabled
Minimum Bars Between Signals
→ Purpose: Cooldown period after each signal
→ Range: 1 to 10
→ Default: 3
→ Impact: After a signal, this many bars must pass before another in same direction
→ When to adjust:
• Increase to 5-7 to prevent over-trading
• Decrease to 1-2 for faster re-entries
ADVANCED TUNING:
Momentum Period
→ Purpose: Base period for Kinetic Pulse calculation
→ Range: 5 to 30
→ Default: 14
→ When to adjust:
• Lower (8-10): More responsive, noisier
• Higher (18-21): Smoother, slower to react
→ Note: If Adaptive Period enabled, this is adjusted automatically
Adaptive Period
→ Purpose: Auto-adjusts momentum period based on volatility
→ Default: ON
→ Impact: Shortens period in high volatility, lengthens in low volatility
→ Recommended: Keep enabled for automatic optimization
Divergence Lookback
→ Purpose: How far back to search for divergence patterns
→ Range: 10 to 60
→ Default: 30
→ When to adjust:
• Shorter (15-20): Only recent divergences
• Longer (40-50): Catches older divergences (may be less relevant)
Swing Detection Bars
→ Purpose: Bars required on each side to confirm swing high/low
→ Range: 2 to 7
→ Default: 3
→ Impact on stops:
• Lower (2-3): More swing points, potentially tighter stops
• Higher (5-7): Only major swings, wider stops
Choppiness Index Threshold
→ Purpose: Threshold above which market considered choppy
→ Range: 38.2 to 80.0
→ Default: 61.8
→ Impact:
• Lower (50-55): Stricter quality filter (fewer signals in ranging markets)
• Higher (65-70): More permissive (allows signals in choppier conditions)
HOW TO READ SIGNALS
SIGNAL ANATOMY:
When a signal appears, you'll see:
1. DIRECTIONAL MARKER
→ Arrow, dot, or diamond pointing to entry candle (depends on style)
→ Positioned below price for LONG, above price for SHORT
→ Connected to price with line (Premium style)
2. GRADE BADGE
→ Displays signal quality: LONG , SHORT , etc.
→ Color coding:
• Bright green/cyan for A+ longs
• Standard green for A/B longs
• Bright pink/magenta for A+ shorts
• Standard red for A/B shorts
3. ENTRY PRICE (Premium style only)
→ Shows exact entry price at signal generation
4. TOOLTIP (all styles)
→ Hover over signal to see complete trade plan
→ Includes: Entry, Stop, TP1, TP2, Risk, R:R ratios, market conditions, signal reason, confluence score
INTERPRETING GRADES:
→ A+ SIGNALS (Highest Quality)
• 8-12+ confirming factors aligned
• Multiple divergences OR strong momentum reversal
• HTF alignment + volume + session timing + clear structure
• These are your highest-probability setups
• Recommended action: Give these priority, consider larger position size
→ A SIGNALS (High Quality)
• 5-9+ confirming factors aligned
• Good confluence, most key factors present
• Missing 1-2 optimal conditions
• These are still quality trades
• Recommended action: Standard position size, solid setups
→ B SIGNALS (Moderate Quality)
• 3-7+ confirming factors aligned
• Minimum viable confluence
• May be missing HTF alignment, volume, or session timing
• Higher variance outcomes
• Recommended action: Smaller position size or skip if conservative
SIGNAL NARRATIVE:
Each signal tooltip includes a narrative explaining WHY it was generated:
→ "Multi-divergence at oversold extreme"
• Multiple oscillators showing bullish divergence
• Kinetic Pulse in oversold zone
• High-quality reversal setup
→ "Bullish divergence near support"
• Divergence detected
• Price near key support level (swing low or PDL)
• Structure confluence
→ "Momentum reversal with HTF alignment"
• Kinetic Pulse velocity reversing
• Higher timeframe supports direction
• Strong trend-following setup
→ "Oversold momentum reversal"
• Extreme Kinetic Pulse reading reversing
• May not have divergence but strong momentum shift
READING THE TRADE PLAN:
Every signal comes with a complete trade plan:
→ ENTRY: The close price of the signal candle
• This is where the signal triggered
• If using limit orders, you might improve on this price
→ STOP: Calculated stop loss level
• Based on your Stop Loss Method setting
• Distance shown in ticks
• Risk tolerance: Ensure this represents ≤1-2% of your account
→ TP1: First profit target
• Default: 1:1 risk-reward
• This is your partial profit or first exit
• Consider taking 50% off at TP1
→ TP2: Second profit target
• Default: 1:2 risk-reward
• This is your "full win" target
• Hold remaining position for this level
SIGNAL FREQUENCY EXPECTATIONS:
Frequency varies by timeframe, sensitivity, and market conditions:
→ AGGRESSIVE MODE
• Lower timeframes (1m-5m): 5-15 signals per day
• Mid timeframes (15m-1H): 2-5 signals per day
• Higher timeframes (4H-D): 1-3 signals per week
→ BALANCED MODE (Default)
• Lower timeframes: 3-8 signals per day
• Mid timeframes: 1-3 signals per day
• Higher timeframes: 2-5 signals per week
→ CONSERVATIVE MODE
• Lower timeframes: 1-4 signals per day
• Mid timeframes: 0-2 signals per day
• Higher timeframes: 1-3 signals per week
Note: Frequency also depends on market volatility and trending vs. ranging conditions.
Example - Kinetic Scalper Trade Sequence
Here's an example showing the complete trade lifecycle with all dashboard transitions, annotations, and descriptions.
INSTRUMENT & TIMEFRAME DETAILS
Symbol: Nifty 50 Index (NSE)
Date: December 15, 2025
Session: London session (active trading hours)
Instrument Type: Index (auto-detected)
TRADE SEQUENCE BREAKDOWN
SCREENSHOT 1: Pre-Signal Setup Building (Image 1)
Time: ~12:00-14:30 UTC+5:30(approx.)
Price Action: Uptrend showing signs of exhaustion near 26,200
Market State: Price at session highs
Main Dashboard (Top Right):
- Bias: LEAN SHORT
- Pulse: 58.9 (approaching overbought)
- Volatility: NORMAL
- Trend: TRANSITIONING
- Session: LONDON (favorable timing)
- Volume: 0.98x (slightly below average)
- HTF: BULLISH (caution for counter-trend)
- Best Score: 9/5 (Short score building)
- PDH/PDL: 26098.25 / 25938.95
Trade Analysis Panel (Bottom Left):
- Status: NO ACTIVE TRADE
- Long Score: 5/5 (RDY)
- Short Score: 9/5 (RDY)
- Panel Message: "Short pattern developing - score: 9"
Description :
Setup Development Phase: The indicator identifies a potential short opportunity as price reaches the previous day's high. The short confluence score has climbed to 9/15 points, meeting the 'Balanced' sensitivity threshold for a Grade B signal. Notice the 'LEAN SHORT' bias and the Kinetic Pulse reading of 58.9 approaching overbought territory. The Trade Analysis panel shows 'Short pattern developing' with 9/5 factors aligned. Key factors: momentum approaching reversal zone, price at resistance (PDH), and London session providing favorable conditions.
SCREENSHOT 2: Signal Generated & Trade Entered (Image 2)
Time: ~13:00 UTC+5:30 (signal bar)
Entry Price: 26,184.65
Signal Grade: Grade
Main Dashboard (Top Right):
- Trade: SHORT
- Entry: 26184.65
- P/L: 5.95 pts | +0.2R (early positive movement)
- TP1: 26157.00 (33.2 pts away)
- TP2: 26129.35 (60.84 pts away)
- Stop: 26212.30 (22.1 pts away)
- Bars: 1 (just entered)
Trade Analysis Panel (Bottom Left):
- Header: TRADE ANALYSIS
- Status Bar: "Conditions mixed - improving 57%"
- Confidence: 57% RISING
- Factor Breakdown:
- Momentum: -4 (velocity not yet aligned)
- Position: +4 (slight profit)
- Volume: +2 = (volume present)
- HTF Align: +2 = (not strongly aligned)
- Target: +0 - (far from TP)
- Stop Dist: +3 - (good distance)
- Bottom Status: "Conditions mixed - Monitoring"
- Disclaimer: "Analysis only - Not financial advice"
Description:
Signal Activation: A Grade A short signal triggers at 26,184.65 after the short confluence score reached qualifying levels. The indicator places a structure-based stop loss at 26,212.30 (27.65 points risk) with dual targets at 1:1 and 1:2 risk-reward ratios.
The Trade Analysis Panel immediately begins monitoring with an initial confidence score of 57% - classified as 'MIXED SIGNALS' but showing a 'RISING' trend. Factor analysis reveals: momentum not yet aligned (-4 points as price just reversed), position slightly favorable (+4 points already +0.2R), volume adequate (+2), HTF showing weak alignment (+2 as we're counter-trend), stop well-placed (+3), but targets still distant (0 points).
Notice how the Main Dashboard switches from market scanning mode to active trade tracking, now displaying entry price, live P/L in both points (5.95 pts) and R-multiples (+0.2R), and distances to all key levels. The analysis panel provides real-time factor scoring to help monitor trade health.
SCREENSHOT 3: TP1 Hit - Trade Performing Well (Image 3)
Time: ~14:20 UTC+5:30(approx)
Price: ~26,154 (TP1 zone)
Bars in Trade: 29
Main Dashboard (Top Right):
- Trade: SHORT
- Entry: 26184.65
- P/L: 30.85 pts | +1.12R (excellent progress)
- TP1: HIT (displayed in green)
- TP2: 26129.35 (24.44 pts away)
- Stop: 26212.30 (58.5 pts away - well protected)
- Bars: 29
Trade Analysis Panel (Bottom Left):
- Header: TRADE ANALYSIS
- Status Bar: "Multiple factors positive"
- Confidence: 78% RISING
- Factor Breakdown:
- Momentum: +8 = (ALIGNED)
- Position: +8 + (strong profit zone)
- Volume: +2 + (continued support)
- HTF Align: +8 = (now strongly aligned)
- Target: +10 + (TP1 achieved, approaching TP2)
- Stop Dist: +3 + (excellent cushion)
- Bottom Status: "Multiple factors positive"
- Visual State: Green background (FACTORS ALIGNED state)
Description:
Trade Execution Phase - First Target Achieved: After 29 bars , price reaches the first take-profit target at 26,157.00. The ' ' marker confirms partial profit taking. Current P/L shows +30.85 points (+1.12R), exceeding the initial 1:1 risk-reward.
The Trade Analysis Panel shows dramatic improvement - confidence has surged to 78% (FACTORS ALIGNED state) with most factors now positive:
- Momentum factor improved to +8 (velocity aligned with trade direction)
- Position factor at +8 (over +1R profit zone)
- HTF Align jumped to +8 (higher timeframe now confirming the move)
- Target factor maxed at +10 (TP1 achieved, TP2 within reach)
- Stop Distance at +3 (58.5 points cushion providing safety)
Notice the panel status displays 'Multiple factors positive' with a green-tinted background, indicating optimal trade conditions. The confidence trend shows 'RISING' suggesting continued momentum. With TP1 secured and only 24.44 points to TP2, the trade is well-positioned for a full 1:2R win.
SCREENSHOT 4: TP2 Reached - Trade Complete (Image 4)
Time: ~15:00+ UTC+5:30
Final Exit: 26,129.35 (TP2)
Final Result: Full TP2 win
Main Dashboard (Top Right):
- Bias: NEUTRAL (reverted to scanning mode)
- Pulse: 45.2 (returned to neutral zone)
- Volatility: NORMAL
- Trend: TREND DOWN (confirmed the move)
- Session: LONDON
- Volume: 1.26x (increased as move developed)
- HTF: BEARISH (fully aligned post-trade)
- Best Score: 5/5 (neutral after completion)
Trade Analysis Panel (Bottom Left):
- Status: NO ACTIVE TRADE (reverted)
- Long Score: 5/5 (RDY)
- Short Score: 5/5 (RDY)
- Panel Message: "Scanning - prime session active"
- Light blue/cyan background (back to scanning mode)
Description:
Trade Completion - Full Target Achieved: The short trade reaches its second take-profit target at 26,129.35, securing a complete 1:2 risk-reward win. The ' ' marker confirms the exit. Final results:
- Entry: 26,184.65
- Exit: 26,129.35
- Profit: 55.30 points (approximately +2.0R)
- Outcome: Full TP2 success
Post-Trade Analysis: After trade closure, the indicator automatically returns to market scanning mode. The Main Dashboard reverts to showing market conditions rather than trade metrics. Notice how the 'Trend' now displays 'TREND DOWN' - confirming the move we captured. Volume increased to 1.26x during the winning move, validating the signal quality.
The Trade Analysis Panel switches back to 'NO ACTIVE TRADE' status and resumes displaying long/short setup scores. The confidence-based factor monitoring was instrumental throughout the trade:
- Initial entry at 57% confidence (MIXED SIGNALS)
- Peak confidence of 78% at TP1 (FACTORS ALIGNED)
- Real-time factor updates helped confirm trade validity
This example demonstrates the indicator's complete workflow: setup identification → signal generation → entry execution → live trade monitoring → systematic exit at targets.
KEY FEATURES DEMONSTRATED
1. Dual Dashboard System
- Main Dashboard: Market conditions (scanning) → Trade metrics (active position)
- Analysis Panel: Setup scores (scanning) → Factor-based confidence (in-trade)
2. Visual Trade Management
- Color-coded entry zones (yellow)
- Risk levels clearly marked (red dashed stop)
- Profit targets with R:R ratios labeled
- Achievement markers ( , )
3. Real-Time Factor Analysis
- 6-factor scoring system (Momentum, Position, Volume, HTF, Target, Stop Dist)
- Confidence percentage with trend indicators
- State machine (MIXED → FACTORS ALIGNED)
- Hysteresis prevents false state changes
4. Risk Management
- Structure-based stop placement (respects swing highs)
- Multiple take-profit levels (1:1 and 1:2 R:R)
- Live P/L tracking in points and R-multiples
- Distance monitoring to all key levels
This complete example showcases the indicator's progression from setup identification through trade completion, demonstrating how the dual-dashboard system and factor-based analysis provide continuous trade guidance. The structured stop-loss and dual-target approach delivered the planned 1:2 risk-reward ratio with systematic, rule-based execution.
ALERT SYSTEM
The indicator includes 9 built-in alert conditions:
SIGNAL ALERTS:
→ High-Grade Long Signal (A+)
• Triggers only on A+ long signals
• For traders who want only the highest-quality longs
• Message: "KINETIC SCALPER: LONG @ "
→ High-Grade Short Signal (A+)
• Triggers only on A+ short signals
• For traders who want only the highest-quality shorts
• Message: "KINETIC SCALPER: SHORT @ "
→ Long Signal
• Triggers on ANY qualified long signal (A+, A, or B)
• For traders who want all long opportunities
• Message: "KINETIC SCALPER: LONG @ "
→ Short Signal
• Triggers on ANY qualified short signal
• For traders who want all short opportunities
• Message: "KINETIC SCALPER: SHORT @ "
TRADE MANAGEMENT ALERTS:
→ TP1 Hit
• Triggers when first profit target is reached
• Useful for partial profit taking notifications
• Message: "KINETIC SCALPER: TP1 REACHED"
→ TP2 Reached
• Triggers when second profit target is reached
• Trade is complete, full win achieved
• Message: "KINETIC SCALPER: TP2 REACHED"
→ Stop Loss Hit
• Triggers when stop loss is reached
• Important for trade management and risk tracking
• Message: "KINETIC SCALPER: STOP LOSS"
ANALYSIS STATE ALERTS:
→ Analysis State: Negative Bias
• Triggers when factor analysis enters "Negative Bias" state
• Warning that trade conditions are deteriorating
• Consider reducing position or preparing to exit
• Message: "KINETIC SCALPER: Analysis state changed to NEGATIVE BIAS"
→ Analysis State: Factors Weakening
• Triggers when factor analysis enters "Factors Weakening" state
• Caution that confluence is diminishing
• Monitor trade closely
• Message: "KINETIC SCALPER: Analysis state changed to FACTORS WEAKENING"
HOW TO SET UP ALERTS:
1. Click the "Create Alert" button in TradingView
2. Condition: Select "Kinetic Scalper "
3. Choose your desired alert from the dropdown
4. Configure your alert options:
→ Once Per Bar Close (recommended for non-repainting)
→ Frequency: Once Per Bar Close or Only Once
5. Set expiration and notification methods (popup, email, webhook, etc.)
6. Create alert
RECOMMENDED ALERT STRATEGY:
For active traders:
→ Set "Long Signal" and "Short Signal" alerts for all opportunities
→ Set "TP1 Hit", "TP2 Reached", and "Stop Loss Hit" for trade management
→ Consider "Analysis State: Negative Bias" for trade monitoring
For selective traders:
→ Set only "High-Grade Long Signal (A+)" and "High-Grade Short Signal (A+)"
→ Focus on the absolute highest-quality setups
→ Set TP/SL alerts for position management
USAGE TIPS & BEST PRACTICES
SIGNAL SELECTION:
✓ GRADE MATTERS
→ A+ signals have statistically more confluence factors
→ If you're conservative, trade only A+ signals
→ B signals can work but require more discretion
✓ CONFLUENCE WITH YOUR ANALYSIS
→ Use this indicator as CONFIRMATION, not sole decision criteria
→ Combine with your own support/resistance analysis
→ Check for fundamental events (news, economic data)
→ Respect major round numbers and psychological levels
✓ SESSION TIMING (Forex)
→ Best signals often occur during London/NY overlap
→ Avoid signals 10 minutes before major news releases
→ Asian session signals can be valid but lower liquidity
✓ TIMEFRAME CONFLUENCE
→ If you get an A+ signal on 15m, check if 1H chart agrees
→ Higher timeframe confirmation adds conviction
→ Avoid signals that oppose the daily/4H trend
TRADE MANAGEMENT:
✓ POSITION SIZING
→ ALWAYS size positions so stop loss = 1-2% of account
→ Never risk more than you can afford to lose
→ Smaller position on B signals, standard on A, larger on A+ (within limits)
✓ PARTIAL PROFIT TAKING
→ Consider taking 50% off at TP1
→ Move stop to breakeven after TP1 hit
→ Let remaining position run to TP2
✓ TRAILING STOPS
→ The indicator doesn't auto-trail stops (manual decision)
→ After TP1, you might manually move stop to entry (breakeven)
→ Consider ATR-based trailing stop for runners
✓ WATCH THE ANALYSIS PANEL
→ If state changes to "Factors Weakening" while in profit, consider exit
→ "Negative Bias" during a trade is a strong warning
→ "Factors Aligned" confirms your trade thesis is still valid
RISK MANAGEMENT:
✓ NEVER IGNORE STOPS
→ The calculated stop is there for a reason
→ Moving stop further away increases risk exponentially
→ If stopped out, accept it and wait for next setup
✓ AVOID REVENGE TRADING
→ If you get stopped out, resist urge to immediately re-enter
→ Signal cooldown helps with this
→ Wait for next qualified signal
✓ RESPECT VOLATILITY WARNINGS
→ If indicator shows "EXTREME" volatility, signals are blocked for a reason
→ Don't force trades in chaotic conditions
→ Wait for regime to normalize
✓ CORRELATION RISK
→ Be aware of correlation if trading multiple pairs
→ EUR/USD and GBP/USD are highly correlated
→ Don't stack risk on correlated instruments
OPTIMIZATION:
✓ START WITH DEFAULTS
→ Default settings are well-tested
→ Don't over-optimize for recent market behavior
→ Give settings at least 20-30 trades before judging
✓ TIMEFRAME-SPECIFIC ADJUSTMENTS
→ Lower timeframes: Consider increasing Signal Distance to 3.0-4.0
→ Higher timeframes: ATR Stop Multiplier might go to 2.0-2.5
→ Crypto: Ensure Instrument Type is set to "Crypto" for proper stops
✓ SENSITIVITY CALIBRATION
→ Too many signals? Switch to Conservative
→ Missing good setups? Try Balanced or Aggressive
→ Quality > Quantity always
✓ KEEP A JOURNAL
→ Track which signal grades work best for you
→ Note which sessions produce best results
→ Review stopped trades for patterns
THINGS TO AVOID:
✗ DON'T chase signals after several bars have passed
✗ DON'T ignore the stop loss or move it further away
✗ DON'T overtrade by taking every B-grade signal
✗ DON'T trade during major news if you're not experienced
✗ DON'T use this as your only analysis tool
✗ DON'T expect 100% win rate (no indicator has this)
✗ DON'T risk more than 1-2% per trade regardless of signal grade
UNDERSTANDING THE METHODOLOGY
WHY VOLUME WEIGHTING?
Traditional momentum oscillators treat all price moves equally. A 10-point move on low volume is weighted the same as a 10-point move on high volume.
The Kinetic Pulse corrects this by:
→ Calculating volume ratio vs. 20-bar average
→ Applying square root transformation to volume ratio (prevents extreme weights)
→ Multiplying price changes by volume weight
→ Result: High-volume moves influence the oscillator more than low-volume noise
This helps filter false breakouts and emphasizes moves with participation.
WHY FISHER TRANSFORM?
Fisher Transform is a mathematical transformation that:
→ Normalizes probability distributions
→ Creates sharper turning points
→ Amplifies extremes while compressing the middle
→ Makes overbought/oversold levels more distinct
Applied to the Kinetic Pulse, it helps identify genuine extremes vs. noise.
WHY MULTI-OSCILLATOR DIVERGENCE?
Single-source divergence can give false signals. By requiring divergence confirmation across multiple oscillators (Kinetic Pulse, CCI, Stochastic), the system filters out:
→ Divergences caused by calculation quirks in one oscillator
→ Temporary momentum anomalies
→ False divergence on noisy, low-timeframe charts
Multiple sources confirming the same pattern increases reliability.
WHY ADAPTIVE PERIODS?
Fixed periods can be:
→ Too slow during high volatility (miss fast reversals)
→ Too fast during low volatility (generate noise)
The adaptive system:
→ Shortens period when ATR ratio > 1.3 (high volatility = need faster response)
→ Lengthens period when ATR ratio < 0.7 (low volatility = need noise filtering)
→ Keeps period in reasonable range (60% to 140% of base period)
→ Result: Oscillator adjusts to current market pace automatically
WHY HYSTERESIS IN STATE MACHINE?
Without hysteresis, the analysis state would flip-flop on every bar, creating:
→ Confusing, contradictory guidance
→ Analysis paralysis
→ Lack of actionable information
Hysteresis solves this by:
→ Using different thresholds to ENTER vs. EXIT a state
→ Example: Enter "Factors Aligned" at 72+ confidence, but don't exit until <62
→ This creates stable states that persist through minor fluctuations
→ Requires minimum commitment period (3 bars) before state changes
→ Overrides commitment for significant events (near TP/SL)
→ Result: Stable, trustworthy analysis that changes only when truly warranted
WHY CONFIDENCE SMOOTHING?
Raw factor scores fluctuate bar-by-bar based on momentary conditions. Smoothing:
→ Uses 5-period EMA on raw confidence scores
→ Filters out single-bar anomalies
→ Preserves genuine trends in confidence
→ Prevents false state transitions
→ Result: More reliable assessment of actual trade health
WHY INSTRUMENT-SPECIFIC PARAMETERS?
Different instruments have different characteristics:
→ Forex is highly liquid, respects technical levels well, standard ATR works
→ Crypto is extremely volatile, needs wider stops (1.8x) to avoid false stops
→ Indices respect session opens strongly, session weighting is important
→ Commodities fall in between
Auto-detection applies research-based multipliers automatically.
WHY STRUCTURE-BASED STOPS?
ATR-based stops can:
→ Place stop in middle of consolidation (easily hit)
→ Ignore obvious invalidation levels
→ Be too tight during expansion or too wide during contraction
Structure-based stops:
→ Use actual swing highs/lows (where traders actually place stops)
→ Add small ATR buffer to avoid stop hunting
→ Constrain within min/max ATR limits for safety
→ Result: Stops that respect market geometry while managing risk
DISCLAIMER & RISK WARNING
READ THIS CAREFULLY BEFORE USING THIS INDICATOR
This indicator is provided for EDUCATIONAL and INFORMATIONAL purposes only.
❌ NOT FINANCIAL ADVICE
This indicator does NOT constitute financial advice, investment recommendations, or solicitation to buy or sell any financial instrument. All information is for educational purposes only.
❌ NO GUARANTEES
→ Past performance does NOT guarantee future results
→ No indicator can predict future price movements with certainty
→ Signal grades represent confluence, NOT win probability
→ A+ signals can lose, B signals can win - markets are probabilistic
❌ SUBSTANTIAL RISK
Trading financial instruments involves SUBSTANTIAL RISK of loss:
→ You can lose your entire investment
→ Leveraged trading amplifies both gains AND losses
→ Never trade with money you cannot afford to lose
→ Never risk more than 1-2% of your account per trade
❌ YOUR RESPONSIBILITY
→ All trading decisions are YOUR responsibility
→ You must conduct your own analysis before entering trades
→ Consult a licensed financial advisor before trading
→ Understand the risks specific to your jurisdiction and situation
→ Only trade with capital you can afford to lose completely
❌ NO HOLY GRAIL
→ This indicator is a TOOL, not a complete trading system
→ It should be used as part of a broader analysis framework
→ Combine with your own technical analysis, risk management, and judgment
→ No indicator works 100% of the time in all market conditions
❌ ANALYSIS PANEL DISCLAIMER
The "Trade Analysis Panel" provides ALGORITHMIC ANALYSIS of market factors.
→ It does NOT provide investment advice or recommendations
→ Factor scores are mathematical calculations, not predictions
→ Guidance messages are informational, not directives
→ All trading decisions remain your responsibility
❌ BACKTESTING LIMITATIONS
→ This is an indicator, not a strategy, so no backtesting results are provided
→ Any backtesting you perform includes hindsight bias and optimization bias
→ Historical performance does not indicate future performance
→ Slippage, commissions, and real-world execution differ from backtests
❌ MARKET CONDITIONS
→ This indicator performs differently in trending vs. ranging markets
→ Extreme volatility can produce false signals or whipsaws
→ Low liquidity periods increase execution risk
→ Major news events can invalidate technical analysis
BY USING THIS INDICATOR, YOU ACKNOWLEDGE:
→ You have read and understood this disclaimer
→ You accept full responsibility for your trading decisions
→ You understand the substantial risks involved in trading
→ You will not hold the author liable for any losses incurred
→ You are using this tool as part of your own due diligence process
KEY FEATURES SUMMARY
✅ Volume-Weighted Kinetic Pulse Engine (proprietary momentum calculation)
✅ 15-Factor Confluence Scoring System (graded signals: A+, A, B)
✅ Multi-Oscillator Divergence Detection (Pulse + CCI + Stochastic)
✅ Higher Timeframe Trend Alignment Filter
✅ Adaptive Period Adjustment (volatility-responsive)
✅ Instrument-Aware Calibration (Forex, Crypto, Indices, Commodities)
✅ Structure-Based Stop Loss Calculation (respects swing highs/lows)
✅ Automated Trade Tracking (entry, stop, TP1, TP2, P/L)
✅ Real-Time Factor Analysis State Machine (5-state system with hysteresis)
✅ Session Awareness (Asian, London, New York, Overlap)
✅ Volatility Regime Detection (blocks signals in extreme conditions)
✅ Choppiness Filter (reduces signals in ranging markets)
✅ Volume Confirmation (relative volume and delta analysis)
✅ Clean Air Check (validates clear path to targets)
✅ Comprehensive Dashboards (market conditions + trade analysis)
✅ Customizable Display (3 signal styles, color themes, positioning)
✅ 9 Built-In Alert Conditions (signals, TP/SL hits, state changes)
✅ Fully Non-Repainting (barstate.isconfirmed, lookahead_off)
✅ Previous Day Levels (PDH/PDL reference lines)
✅ Mobile-Friendly Compact Mode (for smaller screens)
TECHNICAL SPECIFICATIONS
→ Pine Script Version: v6
→ Indicator Type: Overlay (displays on price chart)
→ License: Mozilla Public License 2.0
→ Copyright: BULLBYTE
→ Object Limits: 300 labels, 100 lines, 50 boxes
→ Memory Management: Automatic cleanup system (FIFO queue)
→ Repainting: Non-repainting (signals confirmed on bar close)
→ Timeframe Support: All timeframes (1s to Monthly)
→ Instrument Support: Forex, Crypto, Indices, Commodities, Stocks
→ HTF Data Handling: lookahead_off with historical offset
VERSION HISTORY
v1.0 - Initial Release
→ Kinetic Pulse engine with volume weighting and Fisher Transform
→ 15-factor confluence scoring system
→ Trade analysis state machine with hysteresis
→ Automated trade tracking and monitoring
→ Dual dashboard system (market conditions + factor analysis)
→ 9 alert conditions
→ 3 signal display styles
→ Instrument-aware calibration
→ Full risk management framework
WHO IS THIS INDICATOR FOR?
IDEAL FOR:
✓ Scalpers and day traders seeking high-confluence reversal entries
✓ Swing traders who want quality over quantity
✓ Traders who appreciate systematic, rules-based analysis
✓ Multi-timeframe traders who value HTF confirmation
✓ Forex traders who respect session timing
✓ Crypto traders needing volatility-adjusted parameters
✓ Traders who want complete trade management (entry, stop, targets)
✓ Analytical traders who want transparency in signal generation
NOT IDEAL FOR:
✗ Traders seeking a "set and forget" holy grail system
✗ Traders who don't want to learn the methodology
✗ Traders unwilling to accept losing trades as part of the process
✗ Traders who need constant signals (this is a quality-focused system)
✗ Traders who ignore risk management
FINAL THOUGHTS
The Kinetic Scalper is the result of extensive research into momentum behavior, volume confirmation, and multi-factor confluence analysis. It's designed to identify high-probability reversal setups while maintaining strict risk management and providing complete transparency.
This is NOT a magic solution. It's a sophisticated TOOL that requires:
→ Understanding of the methodology
→ Proper risk management discipline
→ Patience to wait for quality setups
→ Willingness to accept losses as part of trading
→ Integration with your own analysis and judgment
Used properly as part of a complete trading plan, the Kinetic Scalper can help you identify high-confluence opportunities and manage trades systematically.
Remember: Quality over quantity. Discipline over emotion. Risk management over everything.
Trade smart. Trade safe.
© 2025 BULLBYTE | Kinetic Scalper v1.0 | For Educational Purposes Only
True Three Soldiers Method (TTSM) - Breakout ConfirmationIndicator Overview
True Three Soldiers Method (TTSM) - Made in China is a quantifiable evolution beyond traditional candlestick pattern recognition. It replaces subjective visual analysis with an objective, data-driven momentum system featuring smart breakout confirmation.
Core Innovation: Beyond Traditional Pattern Recognition
Traditional three-soldier patterns merely check for three consecutive bullish/bearish candles. TTSM goes much deeper:
Dual Signal System: It identifies both single-candle and three-candle momentum signals, providing earlier warnings of potential trend changes.
Quantifiable Strength Metrics: Each signal must meet customizable thresholds for both absolute price movement (percentage change) and relative efficiency (close-to-open distance relative to total range).
Breakout Confirmation Logic: The real innovation lies in the "True Signal" mechanism. Preliminary signals are tracked, and only when price breaks above the highest high of recent bullish signals (or below the lowest low of recent bearish signals) does it trigger a confirmed entry signal. This eliminates false breakouts and ensures you're trading with confirmed momentum.
Absolute Strength: Quantifies momentum via percentage price change.
Relative Strength: Measures candlestick efficiency (close-to-open vs. total range).
True Signal Validation: A "True" entry signal triggers only after price confirms momentum by breaking above/below a cluster of recent preliminary signals, filtering out false moves.
Dual-Layer Signal System
Key Features
🔴 Amber Signals (Preparation): Single-candle or three-candle patterns that meet strength criteria. These indicate potential momentum building and can be used for preparation or light positioning.
🟢 Green Signals (True Breakout): Triggered only when price breaks above/below the recent signal cluster extremes. These represent confirmed momentum and are ideal for main entries.
🎚 Fully Customizable: Every parameter—absolute/relative strength thresholds, lookback periods, and average calculations—can be adjusted to match your trading style and market conditions.
📊 Clear Visual Feedback: Color-coded labels and reference lines make signal identification instant and intuitive.
Parameter Customization Guide
All parameters are organized in intuitive groups:
Strength Thresholds: Adjust absolute (%) and relative (%) strength requirements for both long and short signals.
First Signal Thresholds: Special thresholds for when a signal is the first in the lookback period.
Lookback & Averages: Control how many bars are considered for signal tracking and moving averages.
Strategic Application
Preparation Signals: Use amber signals to prepare for potential moves, set alerts, or enter with smaller positions.
True Signals: Green/red "True" signals indicate confirmed momentum—ideal for main entries with proper risk management.
Combination Strategy: Pair TTSM with trend indicators (like Supertrend) for higher probability trades—only take True Signals in the direction of the main trend.
Normalized Volume Dynamics [NVD]Concept & Overview
**Normalized Volume Dynamics (NVD)** is a volume analysis indicator designed to reduce time-of-day noise and highlight unusual volume behavior relative to historical conditions.
Most standard volume indicators compare current volume to a rolling average, which can lead to misleading readings during naturally active periods.
**NVD** addresses this by using a time-normalized volume baseline, comparing the current bar’s volume to volume observed at the same intraday bar position across prior sessions, rather than to a generic moving average.
This approach helps distinguish expected activity from statistically abnormal volume.
**Market Suitability**
The time-normalized logic depends on consistent intraday data structure.
**Crypto (24/7 Markets):**
Continuous trading provides consistent intraday alignment, making normalization most reliable.
**Futures:**
Continuous futures contracts with minimal session gaps generally work well.
**Stocks & Forex:**
Session gaps, holidays, and irregular trading hours may introduce minor baseline drift. While the indicator remains functional, continuous markets are preferred for best accuracy.
**How the Indicator Works**
NVD combines three core components:
**1. Time-Normalized Volume Baseline**
Current volume is compared against the average volume of the same intraday bar position over prior sessions.
* Filters out predictable time-based volume patterns
* Highlights volume that exceeds what is historically typical for that point in the session
* Automatically falls back to a smoothed volume average on non-intraday charts or limited history
**2. Efficiency Oscillator (Lower Panel)**
The histogram evaluates the relationship between price movement and volume effort, showing how efficiently price is moving.
Color interpretation:
* **Green Columns:** Buying pressure with high efficiency (Trend is healthy).
* **Red Columns:** Selling pressure with high efficiency.
* **Yellow Columns:** Volume Spike. Abnormal volume detected (2x average) indicating a potential breakout or exhaustion.
* **Grey Columns:** Absorption/Churn. Volume is present but price is not moving significantly. This often happens before a violent move
**3. Informational Flow Signals (Main Chart)**
The indicator can mark candles where unusual volume coincides with price rejection. These markers are informational and require multiple conditions:
* Volume exceeds the selected baseline by a user-defined multiplier
* Price makes a new local high or low but closes back within the candle range, indicating rejection
* Optional Money Flow Index (MFI) filter confirms an overbought or oversold condition
**Dashboard Overview**
An optional dashboard provides a compact summary of the indicator’s internal states for quick reference.
The dashboard displays:
**Trend State (ADX)**
* Uses ADX to classify conditions as **TRENDING** or **RANGING**
* Helps contextualize whether volume behavior is occurring in a directional environment
**Flow Bias**
* Derived from the Efficiency Oscillator and VWAP relationship
* Displays:
**BUYING**
**SELLING**
**ABSORPTION** (low efficiency / churn)
* An arrow indicates whether price is positioned above or below VWAP
**Volume Status**
* Indicates whether current volume qualifies as a high-volume condition relative to the selected baseline
* Matches the logic used for histogram coloring and informational markers
**Multi-Timeframe Support**
* The dashboard can optionally run on a separate timeframe
* Users may choose to sync the histogram with the dashboard timeframe or keep it on the chart timeframe
*Note: The dashboard summarizes internal calculations and does not generate independent trade signals. All values update on confirmed bars.*
**How to Trade: "INFO" Signals**
The chart arrows are labeled **INFO BUY** and **INFO SELL** to emphasize that these are informational warnings of stopping volume, not blind entry signals.
**INFO BUY (Green Arrow):**
* **The Logic:** Sellers pushed price to a low, but massive volume entered to absorb the sell pressure, forcing a close in the upper range. This is a "Bear Trap" or Liquidity Sweep.
* **Usage:** If you are Short, this is a warning to tighten stops. If looking for Longs, wait for price to break the high of the signal candle for confirmation.
**INFO SELL (Red Arrow):**
* **The Logic:** Buyers pushed price to a high, but massive volume entered to block the move, forcing a close in the lower range. This is a "Bull Trap."
* **Usage:** If you are Long, this indicates overhead resistance/supply. If looking for Shorts, wait for price to break the low of the signal candle.
**Features & Settings**
* Time-Normalized or Recent-Average volume calculation modes
* Efficiency histogram with absorption and volume spike detection
* Optional MFI filter for informational signals
* VWAP-based contextual filter
* Dashboard showing trend state, flow bias, and volume status
* Non-repainting alerts triggered on bar close
**Recommended Usage**
* Higher timeframes (5m and above) generally provide clearer structure
* On lower timeframes, increasing the analysis period can help reduce noise
* Designed to be used as a supporting analysis tool, not a standalone system
**Disclaimer**
*This indicator is provided strictly for educational and informational purposes. It does not constitute financial, investment, trading, or other professional advice.*
*All calculations, visualizations, and signals produced by this indicator are derived solely from historical price and volume data. No representation is made that the indicator can predict future market behavior or outcomes. Any interpretations drawn from its output are the sole responsibility of the user.*
*Trading and investing involve substantial risk, including the possible loss of all or more than the initial capital. Market conditions can change rapidly, and past market behavior, patterns, or indicator performance do not guarantee similar results in the future.*
*The informational markers, alerts, dashboard readings, and histogram values generated by this indicator are not trade recommendations and should not be used as the sole basis for making trading decisions. Users are encouraged to combine this tool with their own analysis, risk management, and confirmation methods.*
*The author assumes no responsibility or liability for any trading decisions, losses, or damages resulting directly or indirectly from the use of this indicator. By using this script, you acknowledge that you are solely responsible for your trading decisions and outcomes.*
*Use at your own risk.*
PEAD ScreenerPEAD Screener - Post-Earnings Announcement Drift Scanner
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WHY EARNINGS ANNOUNCEMENTS CREATE OPPORTUNITY
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The days immediately following an earnings announcement are among the noisiest periods for any stock. Within hours, the market must digest new information about a company's profits, revenue, and future outlook. Analysts scramble to update their models. Institutions rebalance positions. Retail traders react to headlines.
This chaos creates a well-documented phenomenon called Post-Earnings Announcement Drift (PEAD): stocks that beat expectations tend to keep rising, while those that miss tend to keep falling - often for weeks after the initial announcement. Academic research has confirmed this pattern persists across decades and markets.
But not every earnings surprise is equal. A company that beats estimates by 5 cents might move very differently than one that beats by 5 cents with unusually high volume, or one where both earnings AND revenue exceeded expectations. Raw numbers alone don't tell the full story.
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HOW "STANDARDIZED UNEXPECTED" METRICS CUT THROUGH THE NOISE
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This screener uses a statistical technique to measure how "surprising" a result truly is - not just whether it beat or missed, but how unusual that beat or miss was compared to the company's own history.
The core idea: convert raw surprises into Z-scores.
A Z-score answers the question: "How many standard deviations away from normal is this result?"
- A Z-score of 0 means the result was exactly average
- A Z-score of +2 means the result was unusually high (better than ~95% of historical results)
- A Z-score of -2 means the result was unusually low
By standardizing surprises this way, we can compare apples to apples. A small-cap biotech's $0.02 beat might actually be more significant than a mega-cap's $0.50 beat, once we account for each company's typical variability.
This screener applies this standardization to three dimensions: earnings (SUE), revenue (SURGE), and volume (SUV).
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THE 9 SCREENING CRITERIA
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1. SUE (Standardized Unexpected Earnings)
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WHAT IT IS:
SUE measures how surprising an earnings result was, adjusted for the company's historical forecast accuracy.
Calculation: Take the earnings surprise (actual EPS minus analyst estimate), then divide by the standard deviation of past forecast errors. This uses a rolling window of the last 8 quarters by default.
Formula: SUE = (Actual EPS - Estimated EPS) / Standard Deviation of Past Errors
HOW TO INTERPRET:
- SUE > +2.0: Strongly positive surprise - earnings beat expectations by an unusually large margin. These stocks often continue drifting higher.
- SUE between 0 and +2.0: Modest positive surprise - beat expectations, but within normal range.
- SUE between -2.0 and 0: Modest negative surprise - missed expectations, but within normal range.
- SUE < -2.0: Strongly negative surprise - significant miss. These stocks often continue drifting lower.
For long positions, look for SUE values above +2.0, ideally combined with positive SURGE.
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2. SURGE (Standardized Unexpected Revenue)
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WHAT IT IS:
SURGE applies the same standardization technique to revenue surprises. While earnings can be manipulated through accounting choices, revenue is harder to fake - it represents actual sales.
Calculation: Take the revenue surprise (actual revenue minus analyst estimate), then divide by the standard deviation of past revenue forecast errors.
Formula: SURGE = (Actual Revenue - Estimated Revenue) / Standard Deviation of Past Errors
HOW TO INTERPRET:
- SURGE > +1.5: Strongly positive revenue surprise - the company sold significantly more than expected.
- SURGE between 0 and +1.5: Modest positive surprise.
- SURGE < 0: Revenue missed expectations.
The most powerful signals occur when BOTH SUE and SURGE are positive and elevated (ideally SUE > 2.0 AND SURGE > 1.5). This indicates the company beat on both profitability AND top-line growth - a much stronger signal than either alone.
When SUE and SURGE diverge significantly (e.g., high SUE but negative SURGE), treat with caution - the earnings beat may have come from cost-cutting rather than genuine growth.
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3. SUV (Standardized Unexpected Volume)
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WHAT IT IS:
SUV detects unusual trading volume after accounting for how volatile the stock is. More volatile stocks naturally have higher volume, so raw volume comparisons can be misleading.
Calculation: This uses regression analysis to model the expected relationship between price volatility and volume. The "unexpected" volume is the residual - how much actual volume deviated from what the model predicted. This residual is then standardized into a Z-score.
In plain terms: SUV asks "Given how much this stock typically moves, is today's volume unusually high or low?"
HOW TO INTERPRET:
- SUV > +2.0: Exceptionally high volume relative to the stock's volatility. This often signals institutional activity - big players moving in or out.
- SUV between +1.0 and +2.0: Elevated volume - above normal interest.
- SUV between -1.0 and +1.0: Normal volume range.
- SUV < -1.0: Unusually quiet - less activity than expected.
High SUV combined with positive price movement suggests accumulation (buying). High SUV combined with negative price movement suggests distribution (selling).
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4. % From D0 Close
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WHAT IT IS:
This measures how far the current price has moved from the closing price on its initial earnings reaction day (D0). The "reaction day" is the first trading day that fully reflects the earnings news - typically the day after an after-hours announcement, or the announcement day itself for pre-market releases.
Calculation: ((Current Price - D0 Close) / D0 Close) × 100
HOW TO INTERPRET:
- Positive values: Stock has gained ground since earnings. The higher the percentage, the stronger the post-earnings drift.
- 0% to +5%: Modest positive drift - earnings were received well but momentum is limited.
- +5% to +15%: Strong drift - buyers continue accumulating.
- > +15%: Exceptional drift - significant institutional interest likely.
- Negative values: Stock has given back gains or extended losses since earnings. May indicate the initial reaction was overdone, or that sentiment is deteriorating.
This metric is most meaningful within the first 5-20 trading days after earnings. Extended drift (maintaining gains over 2+ weeks) is a stronger signal than a quick spike that fades.
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5. # Pocket Pivots
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WHAT IT IS:
Pocket Pivots are a volume-based pattern developed by Chris Kacher and Gil Morales. They identify days where institutional buyers are likely accumulating shares without causing obvious breakouts.
Calculation: A Pocket Pivot occurs when:
- The stock closes higher than it opened (up day)
- The stock closes higher than the previous day's close
- Today's volume exceeds the highest down-day volume of the prior 10 trading sessions
The screener counts how many Pocket Pivots have occurred since the earnings announcement.
HOW TO INTERPRET:
- 0 Pocket Pivots: No detected institutional accumulation patterns since earnings.
- 1-2 Pocket Pivots: Some institutional buying interest - worth monitoring.
- 3+ Pocket Pivots: Strong accumulation signal - institutions appear to be building positions.
Pocket Pivots are most significant when they occur:
- Immediately following earnings announcements
- Near moving average support (10-day, 21-day, or 50-day)
- On above-average volume
- After a period of price consolidation
Multiple Pocket Pivots in a short period suggest sustained institutional demand, not just a one-day event.
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6. ADX/DI (Trend Strength and Direction)
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WHAT IT IS:
ADX (Average Directional Index) measures trend strength regardless of direction. DI (Directional Indicator) shows whether the trend is bullish or bearish.
Calculation: ADX uses a 14-period lookback to measure how directional (trending) price movement is. Values range from 0 to 100. The +DI and -DI components compare upward and downward movement.
The screener shows:
- ADX value (trend strength)
- Direction indicator: "+" for bullish (price trending up), "-" for bearish (price trending down)
HOW TO INTERPRET:
- ADX < 20: Weak trend - the stock is moving sideways, choppy. Not ideal for momentum trading.
- ADX 20-25: Trend is emerging - potentially starting a directional move.
- ADX 25-40: Strong trend - clear directional movement. Good for momentum plays.
- ADX > 40: Very strong trend - powerful move in progress, but may be extended.
The direction indicator (+/-) tells you which way:
- "25+" means ADX of 25 with bullish direction (uptrend)
- "25-" means ADX of 25 with bearish direction (downtrend)
For post-earnings plays, ideal setups show ADX rising above 25 with positive direction, confirming the earnings reaction is developing into a sustained trend rather than a one-day spike.
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7. Institutional Buying PASS
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WHAT IT IS:
This proprietary composite indicator detects patterns consistent with institutional accumulation at three stages after earnings:
EARLY (Days 0-4): Looks for "large block" buying on the earnings reaction day (exceptionally high volume with a close in the upper half of the day's range) combined with follow-through buying on the next day.
MID (Days 5-9): Checks for sustained elevated volume (averaging 1.5x the 20-day average) combined with positive drift and consistent upward price movement (more up days than down days).
LATE (Days 10+): Detects either visible accumulation (positive drift with high volume) OR stealth accumulation (positive drift with unusually LOW volume - suggesting smart money is quietly building positions without attracting attention).
HOW TO INTERPRET:
- Check mark/value of '1': Institutional buying pattern detected. The stock shows characteristics consistent with large players accumulating shares.
- X mark/value of '0': No institutional buying pattern detected. This doesn't mean institutions aren't buying - just that the typical footprints aren't visible.
A passing grade here adds conviction to other bullish signals. Institutions have research teams, information advantages, and long time horizons. When their footprints appear in the data, it often precedes sustained moves.
Important: This is a pattern detection tool, not a guarantee. Always combine with other analysis.
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8. Strong ATR Drift PASS
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WHAT IT IS:
This measures whether the stock has drifted significantly relative to its own volatility. Instead of asking "did it move 10%?", it asks "did it move more than 1.5 ATRs?"
ATR (Average True Range) measures a stock's typical daily movement. A volatile stock might move 5% daily, while a stable stock might move 0.5%. Using ATR normalizes for this difference.
Calculation:
ATR Drift = (Current Close - D0 Close) / D0 ATR in dollars
The indicator passes when ATR Drift exceeds 1.5 AND at least 5 days have passed since earnings.
HOW TO INTERPRET:
- Check mark/value of '1': The stock has drifted more than 1.5 times its average daily range since earnings - a statistically significant move that suggests genuine momentum, not just noise.
- X mark/value of '0': The drift (if any) is within normal volatility bounds - could just be random fluctuation.
Why wait 5 days? The immediate post-earnings reaction (days 0-2) often includes gap fills and noise. By day 5, if the stock is still extended beyond 1.5 ATRs from the earnings close, it suggests real buying pressure, not just a reflexive gap.
A passing grade here helps filter out stocks that "beat earnings" but haven't actually moved meaningfully. It focuses attention on stocks where the market is voting with real capital.
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9. Days Since D0
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WHAT IT IS:
Simply counts the number of trading days since the earnings reaction day (D0).
HOW TO INTERPRET:
- Days 0-5 (Green): Fresh earnings - the information is new, institutional repositioning is active, and momentum trades are most potent. This is the "sweet spot" for PEAD strategies.
- Days 6-10 (Neutral): Mid-period - some edge remains but diminishing. Good for adding to winning positions, less ideal for new entries.
- Days 11+ (Red): Extended period - most of the post-earnings drift has typically played out. Higher risk that momentum fades or reverses.
Research shows PEAD effects are strongest in the first 5-10 days after earnings, then decay. Beyond 20-30 days, the informational advantage of the earnings surprise is largely priced in.
Use this to prioritize: focus on stocks with strong signals that are still in the early window, and be more selective about entries as days accumulate.
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PUTTING IT ALL TOGETHER
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You can use this screener in the chart view or in the Screener.
One combination of the above filters to develop a shortlist of positive drift candidates may be:
- SUE > 2.0 (significant earnings beat)
- SURGE > 1.5 (significant revenue beat)
- Positive % From D0 Close (price confirming the good news)
- Institutional Buying PASS (big players accumulating)
- Strong ATR Drift PASS (statistically significant movement)
- Days Since D0 < 10 (still in the active drift window)
No single indicator is sufficient. The power comes from convergence - when multiple independent measures all point the same direction.
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SETTINGS
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Key adjustable parameters:
- SUE Method: "Analyst-based" uses consensus estimates; "Time-series" uses year-over-year comparison
- Window Size: Number of quarters used for standardization (default: 8)
- ATR Drift Threshold: Minimum ATR multiple for "strong" classification (default: 1.5)
- Institutional Buying thresholds: Adjustable volume and CLV parameters
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DISCLAIMER
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This screener is a research tool, not financial advice. Past patterns do not guarantee future results. Always conduct your own due diligence and manage risk appropriately. Post-earnings trading involves significant uncertainty and volatility. The 'SUE' in this indicator does not represent a real person; any similarity to actual Sue's (or Susans for that matter) living or dead is quite frankly ridiculous, not to mention coincidental.
Clean Volume (SUV)The Problem with Raw Volume
Traditional volume bars tell you how much traded, but not whether that amount is unusual. This creates noise that misleads traders:
Stock A averages 1M shares with wild daily swings (500K-2M is normal). Today's 2M volume looks like a spike—but it's just a routine high day.
Stock B averages 1M shares with rock-steady volume (950K-1.05M typical). Today's 2M volume is genuinely extraordinary—institutions are clearly active.
Both show identical 200% relative volume. But Stock B's reading is far more significant. Raw volume and simple relative volume (RVol) can't distinguish between these situations, leading to:
- False signals on naturally volatile stocks
- Missed signals on stable stocks where smaller deviations matter
- Inconsistent comparisons across different securities
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A Solution: Standardized Unexpected Volume (SUV)
SUV applies statistical normalization to volume, measuring how many standard deviations today's volume is from the mean. This z-score approach accounts for each stock's individual volume stability, not just its average.
SUV = (Today's Volume - Average Volume) / Standard Deviation of Volume
Using the examples above:
- Stock A (high volatility): SUV = 2.0 — elevated but not unusual for this stock
- Stock B (low volatility): SUV = 10.0 — extremely unusual, demands attention
SUV automatically calibrates to each security's behaviour, making volume readings comparable across any stock, ETF, or timeframe.
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What SUV Is Good For
✅ Identifying genuine volume anomalies — separates signal from noise
✅ Comparing volume across different securities — apples-to-apples z-scores
✅ Spotting institutional activity — large players create statistically significant footprints
✅ Confirming breakouts — high SUV validates price moves
✅ Detecting exhaustion — extreme SUV after extended moves may signal climax
✅ Finding "dry" setups — negative SUV reveals quiet accumulation periods
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Where SUV Has Limitations
⚠️ Earnings/news events — SUV will spike dramatically (by design), but the statistical reading may be less meaningful when fundamentals change
⚠️ Low-float stocks — extreme volume volatility can produce erratic SUV readings
⚠️ First 20 bars — needs lookback period to establish baseline; early readings are less reliable
⚠️ Doesn't predict direction — SUV measures volume intensity, not whether price will rise or fall
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How to Read This Indicator
Bar Height
Displays actual volume (like a traditional volume chart) so you can still see absolute levels.
Bar Color (SUV Intensity)
Color intensity reflects the SUV z-score. Brighter = more unusual.
Up Days (Green Gradient):
| Color | SUV Range | Meaning |
|--------------|-----------|------------------------------------------|
| Bright Green | ≥ 3.0 | EXTREME — Highly unusual buying activity |
| Green | ≥ 2.0 | VERY HIGH — Significant accumulation |
| Light Green | ≥ 1.5 | HIGH — Above-average interest |
| Pale Green | ≥ 1.0 | ELEVATED — Moderately active |
| Muted Green | 0 to 1.0 | NORMAL — Typical volume |
| Dark Grey | < 0 | DRY — Below-average, quiet |
Down Days (Red Gradient):
| Color | SUV Range | Meaning |
|------------|-----------|-----------------------------------------|
| Bright Red | ≥ 3.0 | EXTREME — Panic selling or capitulation |
| Red | ≥ 2.0 | VERY HIGH — Heavy distribution |
| Light Red | ≥ 1.5 | HIGH — Active selling |
| Pale Red | ≥ 1.0 | ELEVATED — Moderate selling |
| Muted Red | 0 to 1.0 | NORMAL — Routine down day |
| Dark Grey | < 0 | DRY — Light profit-taking |
Coiled State (Tan/Beige):
When detected, bars turn muted tan regardless of direction. This indicates:
- Volume compression (SUV below threshold for consecutive days)
- Volatility contraction (ATR below average)
- Price tightness (small recent moves)
Coiled states may precede significant breakouts.
Special Markers
"P" Label (Blue) — Pocket Pivot detected. Morales & Kacher's signal fires when:
- Price closes higher than previous close
- Price closes above the open (green candle)
- Volume exceeds the highest down-day volume of the last 10 bars
Pocket Pivots may indicate institutional buying before a traditional breakout.
"C" Label (Orange) — Coiled state confirmed. The stock is consolidating with compressed volume and tight price action. Watch for expansion.
Dashboard
The configurable dashboard displays real-time metrics. Default items:
- Vol — Current bar volume
- SUV — Z-score value
- Class — Classification (EXTREME/VERY HIGH/HIGH/ELEVATED/NORMAL/DRY/COILED)
- Proj RVol — Projected end-of-day relative volume (intraday only)
Additional optional items: Direction, Coil Status, Relative ATR, Pocket Pivot, Average Volume.
---
Practical Usage Tips
1. SUV ≥ 2 on breakouts — Validates the move has institutional participation
2. Watch for SUV < 0 bases — Quiet accumulation zones where smart money builds positions
3. Coil → Expansion — After consecutive coiled days, the first SUV ≥ 1.5 bar often signals direction
4. Pocket Pivots in bases — Early accumulation signals before price breaks out
5. Extreme SUV (≥3) after extended moves — May indicate climax/exhaustion rather than continuation
---
Settings Overview
| Group | Key Settings |
|-----------------|-----------------------------------------------------|
| SUV Settings | Lookback period (default 20) |
| Coil Detection | Enable/disable, sensitivity thresholds |
| Pocket Pivot | Enable/disable, lookback period |
| Display | Dashboard style (Ribbon/Table), position, text size |
| Dashboard Items | Toggle which metrics appear |
| Colors | Fully customizable gradient colors |
---
Credits
SUV concept adapted from academic literature on standardized unexpected volume in market microstructure research. Pocket Pivot methodology based on Gil Morales and Chris Kacher's work. Coil detection inspired by volatility contraction patterns.
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This indicator does not provide financial advice. Always combine volume analysis with price action, market context, and proper risk management. No animals were harmed during the coding and testing of this indicator.
NeoChartLabs POCOne of our Favorite Indicators - the High Time Frame Point of Control with a Volume Profile.
Shout out to p2pasta for the original script, we updated to v6.
Currently included: Monthly, 3 months and 6 months.
/* DEFINITION */
Point Of Control (= POC) is a price level at which the heaviest volumes were traded.
Value Area High/Low (=VAH/VAL) is a range of prices where the majority of trading volume took place. Naturally, Value Area High being the top price level and Value Area Low being the lowest. POC always is between the two.
/* HOW TO TRADE WITH THIS INDICATOR */
The basis for POC is determining bias on whichever timeframe you choose.
1. Identify a POC on the timeframe of your choosing.
/* If you choose a "low" timeframe (monthly here) then make sure to look at the higher timeframes to see how it is playing against a higher timeframe POC.
2. When the price is moving away from the POC (either to the upside or downside) this will confirm or invalidate the trade.
3. You can now enter the trade on bias or wait for a retest of the same POC.
Volume-Based Candle Shading Pro [LTS]Overview
Volume-Based Candle Shading Pro is a visual aid that highlights how “unusual” each bar’s volume is compared to recent activity. It adjusts candle colors based on whether volume is above, below, or near its average, helping you quickly spot high-activity pushes and quiet rotations on any symbol or timeframe.
How it works
For each bar, the script calculates a simple moving average of volume over a user-defined lookback. It then compares the current bar’s volume to that average.
Bullish candles start from a bullish base color, and bearish candles from a bearish base color. Depending on the volume ratio, that base color is blended toward a “high volume mix” color when volume is elevated, or toward a “low volume mix” color when volume is muted. The strength of the blend increases as the bar’s volume moves further away from the average, so extreme volume stands out visually while average bars remain close to the base colors.
Colors are applied with the built-in barcolor() function, so the indicator only affects candle appearance; it does not modify price, volume, or any other chart values.
Inputs
Bullish Base Color / Bearish Base Color
Primary colors used for up and down candles when volume is close to its average.
High Volume Mix Color
Color that is blended into the base color when volume is above its moving average. This is typically chosen as a darker or more intense shade to make heavy-volume bars stand out.
Low Volume Mix Color
Color that is blended into the base color when volume is below its moving average. Many users choose a lighter shade to visually de-emphasize low-participation bars.
Volume MA Length
Number of previous bars used to compute the average volume. Shorter lengths make the shading respond more quickly to recent changes in activity; longer lengths provide a smoother, more stable baseline.
Typical use cases
Highlighting high-volume breakouts, breakdowns, or rejection candles without adding extra panels or indicators.
Distinguishing between strong, well-participated moves and low-volume drifts that may be less significant.
Combining with your existing price-action tools to visually filter which candles deserve more attention based on relative volume.
All calculations are based on historical volume and the current bar only; the script does not use future data or repaint past candles. It is intended as a visual aid and should be combined with your own analysis and risk management.
Volume Heikin Ashi by CrugThis indicator combines the Heikin Ashi with classic volume candles.
It is useful to see the trend and "how much" volume it contains
1 - Select Volume Candles on the graph
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2- In setting remove the all the colors
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3- Insert the indicator
4- Using with momentum indicators (like Market liberator B, MACD, ...) it provides more precise and realistic data to plot divergences because it combines: classic japanese candle but with volumes. In the meantime it is easier to see the main trend
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Multi-Distribution Volume Profile (Zeiierman)█ Overview
Multi-Distribution Volume Profile (Zeiierman) is a flexible, structure-first volume profile tool that lets you reshape how volume is distributed across price, from classic uniform profiles to advanced statistical curves like Gaussian, Lognormal, Student-t, and more.
Instead of forcing every market into a single "one-size-fits-all" profile, this tool lets you model how volume is likely concentrated inside each bar (body vs wicks, midpoint, tails, center bias, right-skew, heavy tails, etc.) and then stacks that behavior across a whole lookback window to build a rich, multi-distribution map of traded activity.
On top of that, it overlays a dynamic Center Band (value area) and a fade/gradient model that can color each price row by volume, hits, recency, volatility, reversals, or even liquidity voids, turning a plain profile into a multi-dimensional context map.
Highlights
Choose from multiple Profile Build Modes , including uniform, body-only, wick-only, midpoint/close/open, center-weighted, and a suite of probability-style distributions (Gaussian, Lognormal, Weibull, Student-t, etc.)
Flexible anchor layout: draw the profile on Right/Left (horizontal) or Bottom/Top (vertical) to fit any chart layout
Value Area / Center Band computed from volume quantiles around the POC.
Gradient-based Fade Metrics: volume, price hits, freshness (time decay), volatility impact, dwell time, reversal density, compression, and liquidity voids
Separate bullish vs bearish volume at each price row for directional structure insights
█ How It Works
⚪ Profile Construction
The script scans a user-defined Bars Included window and finds the full high–low span of that zone. It then divides this range into a user-controlled number of Price Levels (rows).
For each historical bar within the window:
It measures the candle’s price range, body, and wicks.
It assigns volume to rows according to the selected Profile Build Mode, for example:
* Range Uniform – volume spread evenly across the full high–low range.
* Range Body Only / Range Wick Only – concentrate volume inside the body or wicks only.
* Midpoint / Close / Open Only – allocate volume entirely into one price row (pinpoint modeling).
HL2 / Body Center Weighted – center weights around the middle of the range/body.
Recent-Weighted Volume – amplify newer bars using exponential time decay.
Volume Squared (Hard) – aggressively boost bars with large volume.
Up Bars Only / Down Bars Only – filter volume to only bullish or bearish bars.
For more advanced shapes, the script uses continuous distributions across the bar’s span:
Linear, Triangular, Exponential to High
Cosine Centered, PERT
Gaussian, Lognormal, Cauchy, Laplace
Pareto, Weibull, Logistic, Gumbel
Gamma, Beta, Chi-Square, Student-t, F-Shape
Each distribution produces a weight for each row within the bar’s range, normalized so the total volume remains consistent, but the shape of where that volume lands changes.
⚪ POC & Center Band (Value Area)
Once all rows are accumulated:
The row with the highest total volume becomes the Point of Control (POC)
The script computes cumulative volume and finds the band that wraps a user-defined Center of Profile % (e.g., 68%) around the center of distribution.
This range is displayed as a central band, often treated like a value area where price has spent the most “effort” trading.
⚪ Gradient Fade Engine
Each row also gets a fade metric, chosen in Fade Metric:
Volume – opacity based on relative volume.
Price Hits – how frequently that row was touched.
Blended (Vol+Hits) – average of volume & hits.
Freshness – emphasizes recent activity, controlled by Decay.
Volatility Impact – rows that saw larger ranges contribute more.
Dwell Time – where price “camped” the longest.
Reversal Density – where direction changes cluster.
Compression – tight-range compression zones.
Liquidity Void – inverse of volume (thin liquidity zones).
When Apply Gradient is enabled, the row’s bullish/bearish colors are tinted from faint to strong based on this chosen metric, effectively turning the profile into a heatmap of your chosen structural property.
█ How to Use
⚪ Explore Different Distribution Assumptions
Switch between multiple Profile Build Modes to see how your assumptions about intrabar volume affect structure:
Use Range Uniform for classical profile reading.
Deploy Gaussian, Logistic, or Cosine shapes to emphasize central clustering.
Try Pareto, Lognormal, or F-Shape to focus on tail / extremal activity.
Use Recent-Weighted Volume to prioritize the most recent structural behavior.
This is especially useful for traders who want to test how different modeling assumptions change perceived value areas and levels of interest.
⚪ Identify Value, Acceptance & Rejection Zones
Use the POC and Center of Profile (%) band to distinguish:
High-acceptance zones – wide central band, thick rows, strong gradient → fair value areas
Rejection zones & tails – thin extremes, low dwell time, high volatility or reversal density
These regions can be used as:
Targets and origin zones for mean reversion
Context for breakout validation (leaving value)
Bias reference for intraday rotations or swing rotations
⚪ Read Directional Structure Within the Profile
Because each row is split into bullish vs bearish contributions, you can visually read:
Where buyers dominated a price region (large bullish slice)
Where sellers absorbed or defended (large bearish slice)
Combining this with Fade Metrics like Reversal Density, Dwell Time, or Freshness turns the profile into a structural order-flow map, without needing raw tick-by-tick volume data.
⚪ Use Fade Metrics for Contextual Heatmaps
Each Fade Metric can be used for a different analytical lens:
Volume / Blended – emphasize where volume and activity are concentrated.
Freshness – highlight the most recently active zones that still matter.
Volatility Impact & Compression – spot areas of explosive moves vs coiled ranges.
Reversal Density – locate micro turning points and battle zones.
Liquidity Void – visually pop out thin regions that may act as speedways or magnets.
█ Settings
Profile Build Mode – Selects how each bar’s volume is distributed across its price range (uniform, body/wick, midpoint/close/open, center-weighted, or statistical distribution families).
Bars Included – Number of bars used to build the profile from the current bar backward.
Price Levels – Vertical resolution of the profile: more levels = smoother but heavier.
Anchor Side – Where the profile is drawn on the chart: Right, Left, Bottom, or Top.
Offset (bars) – Horizontal offset from the last bar to the profile when using Right/Left modes.
Apply Gradient – Toggles the fade/heatmap coloring based on the selected metric.
Fade Metric – Chooses the property driving row opacity (Volume, Hits, Freshness, Volatility Impact, Dwell Time, Reversal Density, Compression, Liquidity Void).
Decay – Time-decay factor for Freshness (values close to 1 keep older activity relevant for longer).
Profile Thickness – Relative thickness of the profile along the time axis, as a % of the lookback window.
Center of Profile (%) – Volume percentage used to define the central band (value area) around the POC.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Rolling Volume Profile [Matrix Volume Heatmap] by NXT2017Description
This indicator offers a unique visual approach to Volume Profile analysis. Instead of the traditional histogram bars or boxes, this script renders a Rolling Volume Profile as a background "Matrix Heatmap" directly on your chart.
By dividing the price action of the most recent N-candles into 30 horizontal zones (buckets), it visualizes where the most trading activity has occurred within your defined lookback period. The visualization uses dynamic transparency to highlight the Point of Control (POC) and high-volume nodes, while fading out low-volume areas.
🧠 How it Works
The script operates on a "Rolling Window" basis, meaning it recalculates the profile at every bar to reflect the immediate market context.
Dynamic Range: It calculates the highest High and lowest Low of the user-defined Lookback Length (default: 1000 bars).
Bucket Slicing: This vertical range is divided into 30 equal price buckets.
Volume Distribution (Overlap Logic): The script iterates through the historical data. If a candle is large and spans multiple buckets, its volume is distributed proportionally across those buckets. This ensures a more realistic profile compared to simply assigning volume to the close price.
Heatmap Visualization:
The script calculates the Maximum Volume (POC) within the profile.
It uses a Reference Length to normalize this maximum.
Dynamic Opacity: Zones with volume close to the maximum are rendered opaque (solid). Zones with low relative volume become highly transparent. This creates an automatic "Heatmap" effect, allowing you to instantly spot the most significant price levels.
⚙️ Settings
Lookback Length (candles): Defines how far back the profile calculates volume (e.g., 1000 bars).
POC Reference Length: Defines the smoothing window for the 100% volume baseline. Increasing this stabilizes the color changes; decreasing it makes the heatmap more reactive to sudden volume spikes.
Profil Color: Choose the base color for the matrix. The transparency is calculated automatically.
💡 Use Case
This tool is ideal for traders who want to see the "Value Area" of the current range without cluttering the chart with complex boxes or side-bars. It works excellent as a background context tool to identify:
High Volume Nodes (Support/Resistance)
Low Volume Nodes (Price gaps/Rejection areas)
Migrating Points of Control (Trend direction)
Volume Profile VisionVolume Profile Vision - Complete Description
Overview
Volume Profile Vision (VPV) is an advanced volume profile indicator that visualizes where trading activity has occurred at different price levels over a specified time period. Unlike traditional volume indicators that show volume over time, this indicator displays volume distribution across price levels, helping traders identify key support/resistance zones, fair value areas, and potential reversal points.
What Makes This Indicator Original
Volume Profile Vision introduces several unique features not found in standard volume profile tools:
Dual-Direction Histogram Display:
Unlike conventional volume profiles that only show bars extending in one direction, VPV displays volume bars extending both left (into historical candles) and right (as a traditional histogram). This bi-directional approach allows traders to see exactly where historical price action intersected with high-volume nodes.
Real-Time Candle Highlighting: The indicator dynamically highlights volume bars that intersect with the current candle's price range, making it immediately obvious which volume levels are currently in play.
Four Professional Color Schemes: Each color scheme uses distinct gradient algorithms and visual encoding systems:
Traffic Light: Uses red (POC), green (VA boundaries), yellow (HVN), with grayscale gradients outside the value area
Aurora Glass: Modern cyan-to-magenta gradient with hot magenta POC highlighting
Obsidian Precision: Professional dark theme with white POC and electric cyan accents
Black Ice: Monochromatic cyan family with graduated intensity
Adaptive Transparency System: Automatically adjusts bar transparency based on position relative to value area, with special handling for each color scheme to maintain visual clarity.
Core Concepts & Calculations
Volume Distribution Analysis
The indicator divides the visible price range into user-defined price levels (default: 80 levels) and calculates the total volume traded at each level by:
Scanning back through the specified lookback period (customizable or visible range)
For each historical bar, determining which price levels the bar's high/low range intersects
Accumulating volume for each intersected price level
Optionally filtering by bullish/bearish volume only
Point of Control (POC)
The POC is the price level with the highest traded volume during the analyzed period. This represents the "fairest" price where most traders agreed on value. The indicator marks this with distinct coloring (red in Traffic Light, magenta in Aurora Glass, white in Obsidian Precision, cyan in Black Ice).
Trading Significance: POC acts as a strong magnet for price - markets tend to return to fair value. When price is away from POC, traders watch for:
Mean reversion opportunities when price is far from POC
Rejection signals when price tests POC from above/below
Breakout confirmation when price breaks through and holds beyond POC
Value Area (VA)
The Value Area encompasses the price range where a specified percentage (default: 68%) of all volume traded. This represents the range of "accepted value" by market participants.
Calculation Method:
Start at the POC (highest volume level)
Expand upward and downward, adding adjacent price levels
Always add the level with higher volume next
Continue until accumulated volume reaches the VA percentage threshold
Value Area High (VAH): Upper boundary of accepted value - acts as resistance
Value Area Low (VAL): Lower boundary of accepted value - acts as support
Trading Significance:
Price spending time inside VA indicates market equilibrium
Breakouts above VAH suggest bullish momentum shift
Breakdowns below VAL suggest bearish momentum shift
Returns to VA boundaries often provide high-probability entry zones
High Volume Nodes (HVN)
Price levels with volume exceeding a threshold percentage (default: 80%) of POC volume. These represent areas of strong agreement and consolidation.
Trading Significance:
HVNs act as strong support/resistance zones
Price tends to consolidate at HVNs before making directional moves
Breaking through an HVN often signals strong momentum
Low Volume Nodes (LVN)
Price levels within the Value Area with volume ≤30% of POC volume. These are zones price moved through quickly with minimal consolidation.
Trading Significance:
LVNs represent areas of rejection - price finds little acceptance
Price tends to move rapidly through LVN zones
Useful for setting stop-losses (below LVN for longs, above for shorts)
Can identify potential gaps or "air pockets" in the market structure
Grayscale POC Detection
A secondary POC detection system identifies the highest volume level outside the Value Area (with a 2-level buffer to avoid confusion). This helps identify significant volume accumulation zones that exist beyond the main value area.
How to Use This Indicator
Setup
Choose Lookback Period:
Enable "Use Visible Range" to analyze only what's on your chart
Or set "Fixed Range Lookback Depth" (default: 200 bars) for consistent analysis
Adjust Profile Resolution:
"Number of Price Levels" (default: 80) - higher = more granular analysis, lower = broader zones
Select Color Scheme:
Traffic Light: Best for clear POC/VA/HVN identification
Aurora Glass: Modern aesthetic for dark charts
Obsidian Precision: Professional trader preference
Black Ice: Minimalist single-color family
Visual Customization
Left Extension: How far back the left-side histogram extends into historical candles (default: 490 bars)
Right Extension: Width of the traditional histogram bars on the right (default: 50 bars)
Right Margin: Space between current price bar and histogram (default: 0 for flush alignment)
Left Profile Gap: Space between left-side histogram and candles (default: 0)
Trading Strategies
Strategy 1: Value Area Mean Reversion
Wait for price to move outside the Value Area (above VAH or below VAL)
Look for rejection signals (wicks, bearish/bullish candles)
Enter trades toward the POC
Take profits as price returns to POC or opposite VA boundary
Strategy 2: Breakout Confirmation
Identify when price is consolidating within the Value Area
Wait for a strong close above VAH (bullish) or below VAL (bearish)
Enter on the breakout or on first pullback to the VA boundary
Target previous HVNs or swing highs/lows outside the VA
Strategy 3: POC Support/Resistance
Watch for price approaching the POC level
If approaching from below, look for bullish reversal patterns at POC (support)
If approaching from above, look for bearish reversal patterns at POC (resistance)
Trade in the direction of the bounce with stops beyond the POC
Strategy 4: LVN Fast Movement Zones
Identify LVN zones within the Value Area (marked with "LVN" label)
When price enters an LVN, expect rapid movement through the zone
Avoid entering trades within LVNs
Use LVNs as confirmation of directional momentum
Alert System
The indicator includes 7 customizable alert conditions:
POC Touch: Alerts when price comes within 0.5 ATR of POC
VAH/VAL Touch: Alerts at Value Area boundaries
VA Breakout: Alerts on breakouts above VAH or below VAL
HVN Touch: Alerts when price contacts High Volume Nodes
LVN Entry: Alerts when entering Low Volume zones
POC Shift: Alerts when POC moves to a new price level
Reading the Profile
Price Labels (shown on the right side):
POC: Point of Control - highest volume price level
VAH: Value Area High - upper boundary of accepted value
VAL: Value Area Low - lower boundary of accepted value
LVN: Low Volume Node - expect fast movement through this zone
Color Intensity Interpretation:
Brighter colors = higher volume concentration
Dimmer colors = lower volume
Abrupt color changes = transition between volume zones
Gaps in the histogram = price levels with no trading activity
Technical Details
Volume Accumulation Logic:
For each bar in lookback period:
For each price level:
If bar's high/low range intersects price level:
Add bar's volume to that price level's total
Gradient Algorithm:
Traffic Light: Dual-range piecewise gradient (0-50% and 50-100% volume intensity)
Aurora Glass: Linear cyan-to-magenta interpolation
Obsidian Precision: Dark blue gradient with cyan highlights
Black Ice: Three-stage cyan intensity progression
Real-Time Updates:
The profile recalculates on every bar, including real-time tick data, ensuring the volume distribution always reflects current market structure.
Best Practices
Timeframe Selection: Use higher timeframes (4H, Daily) for swing trading, lower timeframes (5min, 15min) for day trading
Combine with Price Action: Volume profile shows WHERE, price action shows WHEN
Multiple Timeframe Analysis: Check daily VP for major levels, then drill down to intraday for entries
Volume Type Selection: Use "Bullish" volume in uptrends, "Bearish" in downtrends, or "Both" for complete picture
Adjust VA Percentage: 68% (default) captures one standard deviation; try 70% for tighter or 60% for broader value areas
Performance Notes
Maximum bars back: 5000 (handles deep historical analysis)
Maximum boxes: 500 (handles complex profiles)
Optimized calculation: Only recalculates on last bar for efficiency
Real-time capable: Updates as new ticks arrive
Advanced Volume Suite (24h, Pulse, Spikes, Breakout Pressure)Advanced Volume Suite transforms raw volume into a complete market-intelligence toolkit for breakout, momentum, and liquidity-driven trading.
Unlike the basic volume indicator, this tool analyzes volume in true USDT value, tracks rolling 24h exchange-style volume, measures volume strength vs historical averages, detects smart spikes, and highlights breakout pressure near support/resistance.
Core Features:
• USDT-based volume histogram
• 24h rolling volume line
• Volume Pulse (volume vs moving average)
• Smart spike detection with directional filters
• Breakout pressure system (breakouts + near-breakout conditions)
• 3 advanced volume color modes (Simple / Body / Delta-style)
• All signals and thresholds fully configurable
Perfect for traders who rely on volume confirmation for breakouts, momentum entries, scalping, or detecting institutional activity.
Bitcoin Multibook v1.0 [Apollo Algo]Bitcoin Multibook v1.0 by Apollo Algo is an advanced market depth and order flow visualization tool that brings professional-grade multi-exchange order book analysis to TradingView. Inspired by Bookmap's multibook functionality and built upon LucF's original single "Tape" indicator concept, this tool aggregates real-time trading data from multiple Bitcoin exchanges into a unified tape display.
Credits & Attribution
This indicator is an evolution of the original "Tape" indicator created by LucF (TradingView: @LucF). The multibook enhancement and Bitcoin-specific optimizations were developed by Apollo Algo to provide traders with institutional-grade market microstructure visibility across major Bitcoin trading venues.
Purpose & Philosophy
Bitcoin leads the entire cryptocurrency market. By monitoring order flow across the primary Bitcoin exchanges simultaneously, traders gain crucial insights into:
Cross-exchange arbitrage opportunities
Institutional order flow patterns
Market maker positioning
True market sentiment beyond single-exchange data
Key Features
📊 Multi-Exchange Data Aggregation
Real-time tape from 3 major exchanges:
Binance (BTCUSDT)
Coinbase (BTCUSD)
Kraken (BTCUSD)
Customizable source inputs for any trading pair
Synchronized price and volume tracking
Exchange name identification in tape display
📈 Advanced Tape Display
Dynamic tape visualization with configurable line quantity (0-50 lines)
Directional flow indicators (＋/－ symbols for price changes)
Exchange identification for each trade
Volume precision control (0-16 decimal places)
Flexible positioning (9 screen positions available)
Real-time only operation for accurate order flow
🎯 Volume Delta Analysis
Real-time cumulative volume delta calculation
Divergence detection (price vs. volume direction)
Colored visual feedback for market sentiment
Total session delta displayed in footer
Cross-exchange delta aggregation
🚨 Smart Alert System
Marker 1: Volume Delta Bumps (⬆⬇)
Triggers on consecutive volume delta increases
Identifies momentum acceleration points
Filters out divergent movements
Marker 2: Volume Delta Thresholds (⇑⇓)
Fires when delta exceeds user-defined thresholds
Catches significant order imbalances
Excludes divergence conditions
Marker 3: Large Volume Detection (⤊⤋)
Highlights unusually large individual trades
Spots potential institutional activity
Direction-specific triggers
Configure Data Sources
Adjust exchange pairs if needed (e.g., for altcoin analysis)
Leave blank to disable specific exchanges
Use format: EXCHANGE:SYMBOL
Customize Display
Set tape line quantity based on screen size
Position the table for optimal visibility
Choose color scheme (text or background)
Adjust text size for readability
Configure Alerts
Enable desired markers (1, 2, or 3)
Set volume thresholds appropriate for your timeframe
Choose direction (Longs, Shorts, or Both)
Create TradingView alerts on marker signals
Trading Applications
Scalping (1-5 min)
Monitor tape speed for momentum shifts
Watch for cross-exchange divergences
Track large volume clusters
Use Marker 1 for quick momentum trades
Day Trading (5-60 min)
Identify accumulation/distribution phases
Spot institutional positioning
Confirm breakout validity with volume delta
Use Marker 2 for significant imbalances
Swing Trading (1H+)
Analyze volume delta trends
Detect smart money rotation
Time entries with order flow confirmation
Use Marker 3 for institutional footprints
Advanced Techniques
Cross-Exchange Arbitrage Detection
When price disparities appear between exchanges:
Immediate Opportunity: Price differences > 0.1%
Bot Activity: Rapid convergence patterns
Liquidity Vacuum: One exchange leading others
Divergence Trading Strategies
Volume delta diverging from price direction:
Absorption: Strong hands entering (price down, delta up)
Distribution: Smart money exiting (price up, delta down)
Reversal Setup: Sustained divergence over multiple bars
Institutional Footprint Recognition
Large volume characteristics:
Simultaneous Spikes: Same timestamp across exchanges
TWAP Patterns: Consistent volume over time
Iceberg Orders: Repeated same-size trades
Pine Script v6 Enhancements
Type Safety Improvements
Strict boolean type handling
Explicit type declarations
Enhanced error checking
Performance Optimizations
Improved request.security() function
Better memory management with arrays
Optimized table rendering
Modern Syntax Updates
indicator() instead of study()
Namespaced math functions (math.round())
Typed input functions (input.int(), input.float())
Performance Considerations
System Requirements
Real-time Data: Essential for tape operation
Multiple Security Calls: May impact performance
Array Operations: Memory intensive with high line counts
Table Rendering: CPU usage increases with tape size
Optimization Tips
Reduce tape lines for better performance
Increase volume filter to reduce noise
Disable unused markers
Use text-only coloring for faster rendering
Volume with High-Volume Highlight + ThresholdThis indicator highlights true high-volume candles without guessing.
It compares the current bar’s volume to the average volume over the last X candles and highlights bars that exceed your chosen threshold (ex: 1.5× the average).
Features
Automatic high-volume detection
Customizable volume multiplier
Bull/bear color coding
Average volume line
Threshold line (shows exactly where “high volume” begins)
Optional on-chart label showing the required volume level
Alert for any high-volume bar
What It’s Used For
Identifying breakout strength
Confirming bounce setups at key levels
Spotting real buyers/sellers stepping in
Avoiding fake moves with weak volume
Simple Rule
If volume is greater than (Average × Multiplier) → the bar is highlighted.
Volume with High-Volume Highlight + ThresholdThis indicator highlights true high-volume candles without guessing.
It compares the current bar’s volume to the average volume over the last X candles and highlights bars that exceed your chosen threshold (ex: 1.5× the average).
Features
Automatic high-volume detection
Customizable volume multiplier
Bull/bear color coding
Average volume line
Threshold line (shows exactly where “high volume” begins)
Optional on-chart label showing the required volume level
Alert for any high-volume bar
What It’s Used For
Identifying breakout strength
Confirming bounce setups at key levels
Spotting real buyers/sellers stepping in
Avoiding fake moves with weak volume
Simple Rule
If volume is greater than (Average × Multiplier) → the bar is highlighted.
Luxy VWAP Magic - MTF Projection EngineThis indicator transforms the classic VWAP into a comprehensive trading system. Instead of switching between multiple indicators, you get everything in one place: multi-timeframe analysis, statistical bands, momentum detection, volume profiling, session tracking, and divergence signals.
What Makes This Different
Traditional VWAP indicators show a single line. This tool treats VWAP as a foundation for complete market analysis. The indicator automatically detects your asset type (stocks, crypto, forex, futures) and adjusts its behavior accordingly. Crypto traders get 24/7 session tracking. Stock traders get proper market hours handling. Everyone gets institutional-grade analytics.
Anchor Period Options
The anchor period determines when VWAP resets and recalculates. You have three categories of options:
Time-Based Anchors:
Session - Resets at market open. Best for intraday stock trading where you want fresh VWAP each day.
Day - Resets at midnight UTC. Standard option for most traders.
Week / Month / Quarter / Year - Longer reset periods for swing traders and position traders who want broader context.
Rolling Window Anchors:
Rolling 5D - A sliding 5-day window that never resets. Solves the Monday problem where weekly VWAP equals daily VWAP on first day of week.
Rolling 21D - Approximately one month of trading data in continuous calculation. Excellent for crypto and forex markets that trade 24/7 without clear session breaks.
Event-Based Anchors:
Dividends - Resets on ex-dividend dates. Track institutional cost basis from dividend events.
Splits - Resets on stock split dates. Useful for analyzing post-split trading behavior.
Earnings - Resets on earnings report dates. See where volume-weighted trading occurred since last quarterly report.
Standard Deviation Bands
Three sets of bands surround the main VWAP line:
Band 1 (Aqua) - Plus and minus one standard deviation. Approximately 68% of price action occurs within this range under normal distribution. Touches suggest minor extension.
Band 2 (Fuchsia) - Plus and minus two standard deviations. Only 5% of trading should occur outside this range statistically. Touches here indicate significant overextension and high probability of mean reversion.
Band 3 (Purple) - Plus and minus three standard deviations. Touches are rare (0.3% probability) and represent extreme conditions. Often marks climax moves or panic selling/buying.
Each band can be toggled independently. Most traders show Band 1 by default and add Band 2 and 3 for specific setups or volatile instruments.
Multi-Timeframe VWAP System
The MTF section plots previous period VWAPs as horizontal support and resistance levels:
Daily VWAP - Previous day's final VWAP value. Key intraday reference level.
Weekly VWAP - Previous week's final VWAP. Important for swing traders.
Monthly VWAP - Previous month's final VWAP. Institutional benchmark level.
Quarterly VWAP - Previous quarter's final VWAP. Major support/resistance for position traders.
Previous Day VWAP - Yesterday's closing VWAP specifically, separate from current daily calculation.
The Confluence Zone percentage setting determines how close multiple VWAPs must be to trigger a confluence alert. When two or more timeframe VWAPs converge within this threshold, you get a high-probability support/resistance zone.
Session VWAPs for Global Markets
For forex, crypto, and futures traders who operate in 24/7 markets, the indicator tracks three major global sessions:
Asia Session - UTC 21:00 to 08:00. Gold colored line. Typically lower volatility, range-bound action that sets overnight levels.
London Session - UTC 08:00 to 17:00. Orange colored line. Often determines daily direction with high volume European participation.
New York Session - UTC 13:00 to 22:00. Blue colored line. Highest volume session globally. Sharp directional moves common.
Previous session VWAP values display as horizontal lines when each session closes, acting as intraday support and resistance. The table shows which sessions are currently active with checkmarks.
On-Chart Labels and Signals
The indicator plots several types of labels directly on price action when significant events occur:
Volume Spike Labels
Fire when current bar volume exceeds configurable thresholds relative to both the previous bar and the 20-bar average. Default settings require 300% of previous bar AND 200% of average volume. Green labels indicate bullish candles. Red labels indicate bearish candles. These spikes often mark institutional entry points.
Momentum Shift Labels
Appear when VWAP acceleration changes direction. The Slowing label warns when an active trend loses steam, often preceding reversal. The Accelerating label confirms trend continuation or potential bottom during downtrends. Filters available to show only reversal signals in existing trends.
VWAP Squeeze Labels
Detect when standard deviation bands contract relative to ATR (Average True Range). Low volatility compression often precedes explosive breakout moves. When the squeeze fires (releases), a label appears with directional prediction based on VWAP slope.
Divergence Labels
Mark price/volume divergences using CVD (Cumulative Volume Delta) analysis:
Bullish divergence: Price makes lower low, but CVD makes higher low. Hidden accumulation despite price weakness.
Bearish divergence: Price makes higher high, but CVD makes lower high. Hidden distribution despite price strength.
Dynamic VWAP Coloring
The main VWAP line changes color based on its slope direction:
Green - VWAP is rising. Institutional buying pressure. Volume-weighted price increasing.
Red - VWAP is falling. Institutional selling pressure. Volume-weighted price decreasing.
Gray - VWAP is flat. Consolidation or balance between buyers and sellers.
This coloring can be disabled for a static blue line if you prefer cleaner visuals. The VWAP label next to the line shows the current trend direction and delta percentage.
Calculated Projection Cone
One of the most powerful features is the Calculated Projection Cone. Unlike traditional extrapolation methods that simply extend a trend line forward, this system analyzes what actually happened in similar market conditions throughout the chart's history.
How It Works:
The system classifies each bar into one of 27 unique market states:
Z-Score Level - LOW (oversold), MID (fair value), or HIGH (overbought) based on configurable thresholds
Trend Direction - DOWN, FLAT, or UP based on VWAP slope
Volume Profile - LOW (below 80%), NORMAL (80-150%), or HIGH (above 150%) relative volume
When you look at the current bar, the indicator:
1. Identifies the current market state (e.g., LOW Z-Score + UP Trend + HIGH Volume)
2. Searches through all historical bars on the chart that had the same state
3. Calculates what happened in those bars X bars later (where X is your projection horizon)
4. Shows you the probability of up/down and the average move size
Visual Elements:
Probability Cone - Colored green (bullish probability above 55%), red (bearish below 45%), or gold (neutral). The cone width represents the historical range of outcomes (roughly the 20th to 80th percentile).
Center Line - Shows the average expected price based on historical outcomes in similar conditions.
Probability Label - Displays direction probability and average move. Example: "67% UP (+0.8%)" means 67% of similar past cases moved up, averaging 0.8% gain.
Fallback System:
When the exact 27-state match has insufficient historical data:
First fallback: Uses Z-Score plus Trend only (9 broader states, ignoring volume)
Second fallback: Uses Z-Score only (3 states)
When fallback is active, confidence automatically adjusts
Settings:
Projection Horizon - How many bars forward to analyze outcomes (5, 10, 15, or 20 bars, default 10)
Lookback Period - Historical data window in days (30-252, default 60)
Minimum Samples - Cases needed before using fallback (5-30, default 10)
Z-Score Threshold - Bucket boundary for LOW/MID/HIGH classification (1.0, 1.5, or 2.0 sigma)
Cloud Transparency - Adjust visibility (50-95%)
Colors - Customize bullish, bearish, and neutral cone colors
Confidence Levels:
HIGH - 30 or more similar historical cases found
MEDIUM - 15-29 similar cases
LOW - Fewer than 15 cases (more uncertainty)
IMPORTANT DISCLAIMER:
The Calculated Projection is based on past patterns only. It is NOT a price prediction or financial advice. Similar market states in the past do not guarantee similar outcomes in the future. The probability shown is historical frequency, not a guarantee. Always combine with other analysis and never rely solely on projections for trading decisions.
Alert Conditions
The indicator includes over 20 pre-built alert conditions:
Price vs VWAP:
Price crosses above VWAP
Price crosses below VWAP
Band Touches:
Price touches plus or minus one sigma band
Price touches plus or minus two sigma band (extreme)
Price touches plus or minus three sigma band (very extreme)
Z-Score Extremes:
Z-Score crosses above plus two (overbought extreme)
Z-Score crosses below minus two (oversold extreme)
Momentum and Trend:
Momentum slowing
Momentum accelerating
Trend turns bullish/bearish/neutral
Volume:
Volume spike detected
CVD Direction:
Buyers take control
Sellers take control
High Probability Signals:
Bullish reversal signal (oversold plus accelerating momentum)
Bearish reversal signal (overbought plus slowing momentum)
MTF and Special:
MTF confluence zone entry
VWAP squeeze fired
Bullish/Bearish divergence detected
Any significant signal (catch-all)
All signals use confirmed bar data to prevent false alerts from incomplete candles.
Settings Overview
Settings are organized into logical groups:
VWAP Settings
Anchor Period selection
Show/Hide VWAP line
Dynamic coloring toggle
VWAP label visibility
Bands Visibility
Toggle each of three bands independently
Info Table
Show/Hide table
Table position (9 options)
Text size
Volume spike label settings with adjustable thresholds
Momentum label settings with filters
Signal labels limited to 5 most recent (auto-managed)
Probability engine lookback period
Multi-Timeframe VWAP
Enable/Disable MTF system
Show MTF in table
Show MTF lines on chart
Individual timeframe toggles
Confluence zone threshold
Squeeze detection toggle
Session VWAPs
Enable/Disable session tracking
Apply to all assets option
Show session labels
Divergence Detection
Enable/Disable divergence
Pivot lookback period
Show divergence labels
Calculated Projection
Enable/Disable projection cone
Projection horizon (5, 10, 15, or 20 bars)
Lookback period in days (30-252)
Minimum samples threshold
Z-Score classification threshold (1.0, 1.5, or 2.0 sigma)
Cloud transparency adjustment
Bullish, bearish, and neutral colors
The Info Table - Your Trading Dashboard
The right side of your chart displays a compact table with up to twelve metrics.
Row-by-Row Breakdown:
Asset and Period - Shows what the indicator detected (US Stock, Crypto, Forex, etc.) and your selected anchor period. The detection happens automatically based on exchange data, so VWAP resets and calculations match your actual trading instrument.
Delta Percentage - How far current price sits from VWAP, expressed as a percentage. Positive means price trades above fair value. Negative means below. Large delta values (beyond 1-2%) often precede mean reversion moves. Day traders watch this for overextension.
Z-Score - Statistical deviation from VWAP measured in standard deviations. Unlike raw delta, Z-Score accounts for volatility. A 2% move in a volatile biotech stock differs from 2% in a stable utility. Z-Score normalizes this. Values beyond plus or minus two sigma occur only 5% of the time statistically.
Trend Direction - Whether VWAP itself is rising, falling, or flat. Rising VWAP means the volume-weighted average price is increasing, which indicates institutional accumulation. Falling VWAP suggests distribution. This differs from price trend since it weights by volume.
Momentum State - Is the trend accelerating or slowing down? This measures the rate of change in VWAP slope. When an uptrend shows slowing momentum, it often precedes reversal. Accelerating momentum in a downtrend can signal capitulation and potential bottom.
Relative Volume - Current bar volume compared to the 20-bar average, shown as percentage. Values above 150% indicate above-average activity. Spikes above 200-300% often mark institutional involvement. Low volume (below 80%) warns of potential fake moves.
MTF Bias - Four checkmarks or X marks showing whether price sits above or below Daily, Weekly, Monthly, and Quarterly VWAP. Four checkmarks means strong bullish alignment across all timeframes. Four X marks indicates bearish alignment. Mixed readings suggest consolidation or transition.
Band Probabilities - Historical statistics showing how often price touched each standard deviation band over your lookback period. This helps you understand if mean reversion or trend following works better for your specific instrument.
Session Status - Which global trading sessions are currently active (Asia, London, New York). Shows checkmarks for active sessions. Important for forex and crypto traders who need to know when major liquidity windows open and close.
Divergence State - Whether the indicator detects bullish or bearish divergence between price and cumulative volume delta. Bullish divergence occurs when price makes lower lows but buying pressure (CVD) makes higher lows, suggesting hidden accumulation.
Confidence Score - A weighted composite of all factors displayed as a progress bar and percentage. Combines MTF alignment, Z-Score, trend direction, volume delta, momentum, and relative volume into a single 0-100 score. Higher scores indicate stronger conviction setups.
Calculated Projection - When the Projection Cone is enabled, shows the historical probability of price direction and expected move. For example: "▲ 67% (+0.8%)" means in similar market states historically, price moved up 67% of the time with an average gain of 0.8%. The system analyzes 27 unique market states based on Z-Score, Trend, and Volume conditions.
Recommended Use Cases
Day Trading Stocks:
Use Session anchor with Band 1 visible. Watch for price returning to VWAP after morning move. Volume spikes near VWAP often mark institutional accumulation zones.
Swing Trading:
Use Weekly or Rolling 21D anchor. Enable MTF lines for Daily and Weekly levels. Trade pullbacks to these levels in direction of MTF bias.
Crypto and Forex:
Enable Session VWAPs. Use Rolling anchors to avoid artificial resets. Monitor session transitions for breakout opportunities.
Mean Reversion:
Focus on Z-Score reaching plus or minus two. Add Band 2 visibility. Combine with slowing momentum for highest probability reversals.
Trend Following:
Watch MTF bias alignment. Four checkmarks plus accelerating momentum plus high volume confirms trend continuation setups.
Projection Planning:
Enable the Calculated Projection to see what happened historically in similar market conditions. Use 5-10 bars for intraday setups, 15-20 bars for swing trade planning. Focus on high probability readings (above 60%) with HIGH confidence (30 or more samples). The cone shows the probable range of outcomes based on actual historical data. Combine with other factors like MTF alignment and volume for higher conviction setups.
Important Notes
The indicator does not repaint. MTF values use previous period's confirmed data.
Rolling VWAP works best on 15-minute timeframes and above due to bar lookback requirements.
Session VWAPs apply to global markets by default (forex, crypto, futures). Enable the all-assets option for stocks if desired.
Volume data for forex represents tick volume, not actual traded volume.
All alert conditions fire only on confirmed (closed) bars to prevent false signals.
The Calculated Projection updates each bar as market state changes. This is expected behavior. The projection shows probabilities based on similar past conditions, not a fixed prediction.
Q AND A
Q: Does this indicator repaint?
A: No. The main VWAP calculation uses standard TradingView VWAP methodology. Multi-timeframe values use previous period's confirmed data with appropriate lookahead settings. All alert signals require bar confirmation.
Q: Why does my Rolling VWAP look different on 1-minute versus 15-minute charts?
A: Rolling VWAP calculates across a fixed number of trading days. On very short timeframes, the bar lookback may hit TradingView limits. For best Rolling VWAP accuracy, use 15-minute or higher timeframes.
Q: Can I use this on any instrument?
A: Yes. The indicator automatically detects asset type and adjusts behavior. Stocks use standard market hours. Crypto uses 24/7 calculations. Forex uses tick volume. Everything adapts automatically.
Q: What does the Confidence Score actually measure?
A: The score combines six weighted factors: MTF alignment (25%), Z-Score position (20%), Trend direction (20%), CVD pressure (15%), Momentum state (10%), and Relative volume (10%). Higher scores indicate more factors aligned in one direction.
Q: Why are Session VWAPs not showing on my stock chart?
A: Session VWAPs apply to 24-hour markets by default (forex, crypto, futures). For stocks, enable the Use for All Assets option in Session VWAP settings.
Q: The Divergence labels appear delayed. Is this a bug?
A: Divergence detection requires pivot confirmation, which needs bars on both sides of the pivot point. The label appears at the actual pivot location (several bars back) once confirmed. This is intentional and prevents false signals.
Q: Can I change the band colors?
A: Yes. Each of the three bands has its own color input setting. You can customize Band 1, Band 2, and Band 3 colors to match your preferences. The defaults are Aqua, Fuchsia, and Purple. The main VWAP line color adapts dynamically based on slope direction or can be set to static blue.
Q: How do I set up alerts?
A: Right-click on the chart, select Add Alert, choose this indicator, and select your desired condition from the dropdown. All conditions include descriptive alert messages with relevant data.
Q: What is the Probability Engine lookback period?
A: This setting determines how many trading days the indicator analyzes to calculate band touch rates and mean reversion statistics. Default is 60 days (approximately 3 months). Longer periods provide more stable statistics but may miss recent behavior changes.
Q: Why do I see fewer labels than expected?
A: Signal labels (Volume, Momentum, Squeeze, Divergence) are limited to 5 most recent labels on the chart to keep it clean. When a new label appears, the oldest one is automatically removed. Additionally, momentum labels have several filters: check the slope multiplier setting (higher values require stronger trends) and the Only Reversal Signals option (when enabled, labels only appear for potential reversals, not trend confirmations).
Q: What is the Calculated Projection and how accurate is it?
A: The Calculated Projection analyzes what happened in past market conditions similar to the current state. It classifies each bar by Z-Score level, Trend direction, and Volume profile (27 unique states), then shows the historical probability of up vs down and the average move size. It is NOT a price prediction or guarantee. The probability shown is how often similar conditions led to up/down moves historically, not a future guarantee. Always use it as one input among many.
Q: Why does the Projection probability change?
A: The projection updates on each bar as market state changes. If Z-Score moves from LOW to MID, or trend shifts from UP to FLAT, the system looks up a different historical category. This is expected behavior. The projection shows what happened in similar past conditions to the current bar's state.
Q: The Projection shows LOW confidence. What does that mean?
A: Confidence levels indicate sample size: HIGH means 30 or more historical cases found, MEDIUM means 15-29 cases, LOW means fewer than 15 cases. When sample size is low, the system uses a fallback: first aggregating by Z-Score plus Trend only (ignoring volume), then by Z-Score only. LOW confidence means less statistical reliability, so weight other factors more heavily in your decision.
Q: Why does the cone sometimes show 50/50 probability?
A: A 50/50 reading means that in similar past market states, price moved up roughly half the time and down half the time. This indicates a neutral or balanced condition where historical patterns provide no directional edge. Consider waiting for a higher probability setup or using other analysis methods.
CREDITS AND ACKNOWLEDGMENTS
Methodology Foundation:
VWAP (Volume Weighted Average Price) - Standard institutional benchmark calculation, widely used since the 1980s for algorithmic execution and fair value assessment
Standard Deviation Bands - Statistical volatility measurement applying normal distribution principles to price deviation from mean
Z-Score Analysis - Classic statistical normalization technique for comparing values across different volatility regimes
Cumulative Volume Delta (CVD) - Order flow analysis concept measuring aggressive buying versus selling pressure
Concept Integration:
Mean reversion probability engine - Custom historical statistics tracking for band touch rates
Momentum acceleration detection - Second derivative analysis of VWAP slope changes
VWAP Squeeze - Volatility compression concept adapted from TTM Squeeze methodology applied to VWAP bands versus ATR
Confidence scoring system - Weighted composite scoring combining multiple technical factors
Calculated Projection Cone - Probability-based projection using 27-state market classification (Z-Score, Trend, Volume) with historical outcome analysis and weighted fallback system
All calculations use standard public domain formulas and TradingView built-in functions. No proprietary third-party code was used.
For questions, feedback, or feature requests, please comment below or send a private message.
Happy Trading!
