OPEN-SOURCE SCRIPT

Elev8+ Impulse Levels

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Elev8+ Impulse Levels | Smart Support & Resistance

Ever notice price rejecting “empty” areas on the chart—like it remembered something that isn’t obvious?

That “something” is often Institutional Impulse: footprints left behind by large, aggressive moves that get defended again days or weeks later.

Elev8+ Impulse Levels automatically detects these moments and projects the most important prices forward so you can see the structure most traders miss.

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🧠 How It Works (The Logic)

This is not a typical support/resistance tool. It does not hunt swing highs/lows.
It looks for Market Intent—the “Perfect Storm” when two conditions align:

  • Volume Spike — buying/selling pressure significantly exceeds average volume (multiplier-based).
  • Volatility Expansion — the candle body is unusually large relative to recent ATR.


When both occur, the script marks the event and treats the impulse close as a key “line in the sand” that can influence future reactions.

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🎯 How to Use These Levels

The script includes a Smart Line behavior that changes level styling based on how price interacts with it—so you can quickly separate two core setups:

1) The Defense (Bounce)
Visual: 🟢 Solid line (Fresh / Untouched)

  • What it means: Price has not yet traded through or “invalidated” the level.
  • What to look for: First return to the level → rejection / bounce behavior.
  • Why it matters: Large players often defend prior entries; first tests can react sharply.


2) The Flip (Break & Retest)
Visual:Dotted line (Broken / Re-priced)

  • What it means: A candle has closed through the level.
  • What to look for: Price returns to the dotted level from the other side (“kiss”) → continuation.
  • Why it matters: Broken support can act as resistance (and vice versa), similar to a breaker concept.


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✨ Key Features

  • Smart Visualization — levels automatically transition from solid → dotted when broken to reduce chart noise.
  • Impulse Candle Highlighting — see the exact candle that created the level (origin clarity).
  • Fully Customizable Sensitivity — tune volume + size thresholds for Crypto, Forex, Futures, or Stocks.


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🚀 The Elev8+ Workflow

Think of Impulse Levels as your map: it shows where reactions are most likely.

For entry timing, pair it with Elev8+ Pro Reversal to confirm the moment price reacts at these high-value zones.

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Disclaimer: Trading involves risk. This tool is for educational/technical analysis purposes only and does not guarantee future results.

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