OPEN-SOURCE SCRIPT

Level Targeting Heatmap (Effort -Targets)

205
Level Targeting — Volume-Based Heatmap

Level Targeting visualizes price zones where the market previously approached with elevated relative volume.

These zones represent targets, not signals.

The indicator is built on a simple idea:
price moves with effort, and effort is expressed through volume.



What it shows
• Heatmap zones where price was approached on high relative volume
• Zones represent price ranges, not exact levels
• Stronger zones indicate repeated market interest
• Separate visualization for zones above and below current price
• Optional focus on nearest targets or recently active zones



How to read it
• Levels = targets
• Volume = effort
• The path to a level matters more than the level itself
• Volume anomalies are questions, not buy/sell signals
• The market is always being driven, held, or distributed



What this indicator is

✔️ A market context filter
✔️ A statistical heatmap of historical market attention
✔️ A tool to understand where the market has previously paid to be



What this indicator is not

✘ Not a buy/sell signal
✘ Not predictive on its own
✘ Not a trading system



Design philosophy

This indicator adapts naturally to timeframe and chart scale.
Zones may change with zoom level — this is intentional and reflects contextual market structure, not repainting.

Designed for analysis, not automation.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.