Normal Distribution CurveThis Normal Distribution Curve is designed to overlay a simple normal distribution curve on top of any TradingView indicator. This curve represents a probability distribution for a given dataset and can be used to gain insights into the likelihood of various data levels occurring within a specified range, providing traders and investors with a clear visualization of the distribution of values within a specific dataset. With the only inputs being the variable source and plot colour, I think this is by far the simplest and most intuitive iteration of any statistical analysis based indicator I've seen here!
Traders can quickly assess how data clusters around the mean in a bell curve and easily see the percentile frequency of the data; or perhaps with both and upper and lower peaks identify likely periods of upcoming volatility or mean reversion. Facilitating the identification of outliers was my main purpose when creating this tool, I believed fixed values for upper/lower bounds within most indicators are too static and do not dynamically fit the vastly different movements of all assets and timeframes - and being able to easily understand the spread of information simplifies the process of identifying key regions to take action.
The curve's tails, representing the extreme percentiles, can help identify outliers and potential areas of price reversal or trend acceleration. For example using the RSI which typically has static levels of 70 and 30, which will be breached considerably more on a less liquid or more volatile asset and therefore reduce the actionable effectiveness of the indicator, likewise for an asset with little to no directional volatility failing to ever reach this overbought/oversold areas. It makes considerably more sense to look for the top/bottom 5% or 10% levels of outlying data which are automatically calculated with this indicator, and may be a noticeable distance from the 70 and 30 values, as regions to be observing for your investing.
This normal distribution curve employs percentile linear interpolation to calculate the distribution. This interpolation technique considers the nearest data points and calculates the price values between them. This process ensures a smooth curve that accurately represents the probability distribution, even for percentiles not directly present in the original dataset; and applicable to any asset regardless of timeframe. The lookback period is set to a value of 5000 which should ensure ample data is taken into calculation and consideration without surpassing any TradingView constraints and limitations, for datasets smaller than this the indicator will adjust the length to just include all data. The labels providing the percentile and average levels can also be removed in the style tab if preferred.
Additionally, as an unplanned benefit is its applicability to the underlying price data as well as any derived indicators. Turning it into something comparable to a volume profile indicator but based on the time an assets price was within a specific range as opposed to the volume. This can therefore be used as a tool for identifying potential support and resistance zones, as well as areas that mark market inefficiencies as price rapidly accelerated through. This may then give a cleaner outlook as it eliminates the potential drawbacks of volume based profiles that maybe don't collate all exchange data or are misrepresented due to large unforeseen increases/decreases underlying capital inflows/outflows.
Thanks to @ALifeToMake, @Bjorgum, vgladkov on stackoverflow (and possibly some chatGPT!) for all the assistance in bringing this indicator to life. I really hope every user can find some use from this and help bring a unique and data driven perspective to their decision making. And make sure to please share any original implementaions of this tool too! If you've managed to apply this to the average price change once you've entered your position to better manage your trade management, or maybe overlaying on an implied volatility indicator to identify potential options arbitrage opportunities; let me know! And of course if anyone has any issues, questions, queries or requests please feel free to reach out! Thanks and enjoy.
Pesquisar nos scripts por "volume profile"
Pin Candle DetectionPin candles are a variation of hammer candles that are useful in technical analysis . In particular, when combined with volume profile studies, they can be a powerful set up for long entries or other decision making.
For example, when looking at volume profiles, a long entry would be a fair value area (i.e. 40%) below the close of a pin candle. When combined with a support level , the set up is stronger.
While most scripts look for hammer candles, pin candles are somewhat different in that the length of the wick is significant.
This script and its parameters was built for ES futures 15 min chart in mind.
This script is unique in that it allows for the below parameters to be adjusted to suit other instruments and timeframes:
1. Fib level: Candle must close within a certain retracement level). My preference is 0.55. Some traders like 0.5, while others prefer 0.33
2. Wick length: Pin candles differ from pure hammers in that the length of the wick must be significant. My preference is 7 points on ES (as in $ and not ticks)
Add this script to your alerts to no longer miss these set ups.
Bar Bodies [vnhilton]Note: Go to "Chart Settings" & hide "Body" & "Borders". Also uncheck "Labels on price scale" & "Values in status line" as they're not needed.
This script plots candlestick bodies with the same thickness as the wicks (similar to the bar chart, but without the horizontal lines to represent the open & close). To do this, it plots an invisible candlestick body with an invisible candlestick border from the high to the close/open for a green/red candle respectively, & uses the low wick as the candlestick body itself by plotting it from the low price to the open/close for a green/red candle respectively.
My personal use for this script is to use it in conjunction with TradingView's Periodic Volume Profile, in order to still see OHLC data without obstructing the candlesticks' volume profiles, as seen in the chart snapshot image above.
VPQ - Momen Medhat📊 VPQ Oscillator - Proprietary Volume Profile Intelligence
Advanced Volume Analysis Through Proprietary Mathematical Modeling
🎯 Why VPQ Is Different From Standard Volume Profile Tools
The VPQ Oscillator is not a standard Volume Profile indicator. While many indicators display volume histograms or basic POC/VAH/VAL levels, VPQ employs a proprietary mathematical framework to transform raw volume distribution data into actionable intelligence.
🔬 Core Innovations That Justify Premium Access:
1. Proprietary Volume Location Score (VLS) Algorithm
VPQ uses an original mathematical model that calculates precise price positioning relative to volume-weighted fair value. This is not a simple "above/below POC" calculation - it's a multi-factor equation that considers:
Non-linear distance weighting from Value Area boundaries
Gradient-based positioning within Value Area zones
Dynamic scaling based on range volatility
Proprietary normalization to maintain consistency across all market conditions
2. Adaptive Node Intelligence System
Unlike static Volume Profile displays, VPQ features a real-time node classification engine that:
Identifies High Volume Nodes (HVN) vs Low Volume Nodes (LVN) using advanced percentile analysis
Applies proprietary dampening coefficients (0.6x) at HVN zones to signal mean-reversion probability
Applies proprietary amplification factors (1.4x) at LVN zones to signal breakout probability
Dynamically recalculates these weightings on every bar based on current volume distribution
3. Multi-Dimensional Volume Distribution Engine
VPQ processes volume data through a custom binning algorithm that:
Distributes volume across price levels using proportional overlap calculations (not available in standard Volume Profile)
Handles intra-bar volume allocation with precision weighting
Maintains computational efficiency for real-time analysis
Scales seamlessly across any timeframe or instrument
4. Cross-Timeframe Volume Integration
Proprietary logic seamlessly merges higher timeframe institutional volume analysis into current timeframe decision-making, solving the common problem of Volume Profile desynchronization across timeframes.
5. Oscillator Normalization Technology
Original mathematical transformation that converts complex Volume Profile data into a normalized -100 to +100 scale while preserving volume distribution nuances and maintaining signal integrity across all market conditions.
💡 What You Get That Free Indicators Don't Provide
❌ Standard Volume Profile Indicators:
Static histogram displays that clutter charts
Basic POC/VAH/VAL lines without context
No signal weighting or node intelligence
Manual interpretation required
Single timeframe limitation
No actionable scoring system
✅ VPQ Oscillator:
Clean oscillator format - No chart clutter, instant visual clarity
Intelligent scoring - Single number tells you exactly where price stands
Adaptive weighting - Automatically adjusts for mean-reversion vs breakout scenarios
Multi-timeframe ready - Analyze institutional volume from any timeframe
Actionable thresholds - Built-in buy/sell zones with alert capabilities
Proprietary algorithms - Mathematical models not found in public domain
📈 Professional Trading Applications
Mean Reversion Trading
VPQ's proprietary HVN detection and dampening algorithm identifies high-probability reversal zones with precision. When VPQ reaches extremes (±70) at HVN areas, the adaptive weighting signals optimal mean-reversion entries.
Breakout Trading
The LVN amplification system highlights low-volume breakout zones where momentum is likely to accelerate. VPQ automatically increases signal strength at these critical levels.
Value-Based Position Management
Know instantly if you're entering at a discount or premium. VPQ's proprietary scoring eliminates guesswork - positive readings confirm discount entries, negative readings confirm premium exits.
Multi-Timeframe Analysis
VPQ's cross-timeframe integration allows you to maintain institutional perspective (4H, Daily) while executing on shorter timeframes (5m, 15m) - a capability requiring complex manual analysis with standard Volume Profile tools.
Divergence Detection
VPQ's oscillator format makes it easy to spot divergences between price and volume distribution - a powerful reversal signal invisible in traditional Volume Profile displays.
⚙️ Professional-Grade Configuration
Volume Profile Engine:
Timeframe selection for institutional volume perspective
Adjustable lookback period (20-2000 bars)
Configurable bin count for precision control
Value Area percentage customization
HVN/LVN threshold optimization
Display Intelligence:
Zone-based color coding (automatic or manual)
Background zone highlighting
Customizable reference lines
Professional info label with live metrics
Alert System:
Zero-cross alerts (entering discount/premium zones)
Threshold alerts (deep discount/premium signals)
Extreme level alerts (±50 zones)
Fully customizable notification settings
🎓 Understanding the VPQ Scale
+100 to +50: Extreme Discount - Price significantly below volume-weighted fair value
+50 to 0: Discount Zone - Price below fair value, favors long positions
0: Fair Value Equilibrium - Price at Point of Control
0 to -50: Premium Zone - Price above fair value, favors short positions
-50 to -100: Extreme Premium - Price significantly above volume-weighted fair value
Zone Indicators:
HVN: High Volume Node detected - Expect mean reversion behavior
LVN: Low Volume Node detected - Expect breakout/continuation behavior
VA: Value Area - Normal trading range behavior
💼 Why Professional Traders Choose VPQ
Institutional-Grade Analysis
VPQ processes volume data using the same concepts institutional traders use to identify fair value, but packages it in an accessible, real-time format.
Time Efficiency
What would take minutes of manual Volume Profile analysis happens instantly with VPQ. The proprietary scoring system eliminates interpretation ambiguity.
Edge Preservation
The adaptive node weighting system provides an analytical edge not available in standard Volume Profile tools - knowing when to fade extremes (HVN) vs trade breakouts (LVN).
Clean Workflow
No chart clutter, no complex histogram interpretation, no manual calculations. Just one clean oscillator that tells you everything you need to know about volume-based fair value.
Versatile Integration
Works with any trading style - scalping, day trading, swing trading. Combines seamlessly with technical analysis, price action, or systematic strategies.
🔧 Technical Specifications
Code Base: 100% original Pine Script v6 implementation
Calculation Method: Proprietary multi-stage algorithm with adaptive weighting
Update Frequency: Real-time with every new bar
Performance: Optimized for institutional-grade analysis (5000+ bars)
Compatibility: Works on all instruments and timeframes
📊 Recommended Workflow
Set VPQ timeframe to 30min-4H for institutional volume context
Identify current zone (discount/premium) and type (HVN/LVN/VA)
Wait for extreme readings (±50) for best risk/reward
Combine with your preferred confirmation method
Use built-in alerts to catch key threshold crosses
Adjust position sizing based on VPQ zone strength
🔐 Access and Support
This is an invite-only indicator featuring proprietary algorithms developed through extensive research and testing. Access is granted to serious traders who understand the value of advanced volume analysis tools.
What's Included:
Full access to VPQ Oscillator with all features
Regular updates and improvements
Optimized performance for real-time trading
Professional-grade volume analysis unavailable elsewhere
⚠️ Risk Disclosure
This indicator is a professional trading tool and requires proper understanding of volume analysis concepts. It should be used as part of a complete trading plan with appropriate risk management. Past performance does not guarantee future results. Trading involves substantial risk of loss.
📝 Version Information
Current Version: 1.0 (February 2026)
Pine Script: v6
Developer: Momen Medhat
License: Proprietary (Invite-Only)
ZenAlgo - ChannelOverview and required chart interaction
This indicator draws a price channel and a volume profile that are both anchored to a user defined swing range. To initialize it, the user must pick two chart timestamps using the script inputs:
Start - the first anchor point (typically one extreme of the move, such as the swing low for an ascending move or the swing high for a descending move).
End - the second anchor point (the opposite extreme of that same move).
After both points are set, the script analyzes the bars between Start and End, fits a sloped channel through that range, builds a volume profile aligned with the channel, and then projects all derived levels forward along the same slope.
Inputs and what they control
Volume area and profile resolution
Width % controls how far the volume profile histogram can extend horizontally. It scales the longest profile bar relative to the Start-End range length.
Volume Area % controls how much of total volume around the profile’s highest volume region is included when computing the value area boundaries.
Style and visibility
Toggles exist for displaying the profile derived levels: LOC , VAH/VAL , pivot labels (HH, HL, LH, LL), breakout shapes, and optional ghost extensions.
Extend lines right decides whether primary lines are truly extended to the right by TradingView’s line extension, or only drawn for the Start-End segment.
Ghost Extend draws dotted, semi transparent projections for a configurable number of future bars when the main lines are not extended.
Deviation levels
Deviation Multiplier and Deviation Levels add symmetric bands above and below the LOC, spaced by a distance derived from the channel height relative to LOC. These bands are projected along the channel slope.
Slope analysis and alerts
The script can evaluate channel "strength" using either angle in degrees or a normalized percent-per-bar slope . The chosen measure is then bucketed into qualitative strength categories that are used only for labeling and alert message context.
Alerts can be enabled for confirmed breakouts and for slope sign changes (bullish to bearish, or bearish to bullish).
How the channel baseline is constructed from Start to End
Once Start is reached, the script begins accumulating bar-by-bar statistics until End is reached:
It tracks the number of bars in the selected range and accumulates an average and a linearly weighted average of closes.
At End, it converts those aggregates into a straight line defined by a start value, an end value, and a per-bar slope across the Start-End period.
Why this works (within the chosen range):
Using a fitted line over the selected segment provides a compact description of directional drift across that range. It will not capture every fluctuation, but it provides a stable reference for projecting "where the middle of the move is" as time advances.
How the channel height is determined and why the borders sit where they do
After computing the baseline slope, the script scans through the selected bars to measure how far price deviated above and below that baseline:
For each bar in the range, it computes the baseline value at that bar index and measures the distance from that baseline to the bar’s high and to the bar’s low.
It finds the maximum upward deviation and the maximum downward deviation.
The baseline is shifted so the lower channel border is aligned to the worst downward deviation, and the total channel height becomes the distance between the worst upward and worst downward deviations.
Why this works (and what it implies):
The resulting channel borders are anchored to the extremes observed in the selected range. That makes the borders a description of the range’s realized "envelope" around the fitted drift.
Because this envelope is derived from past extremes in the chosen window, it is descriptive rather than predictive. When price behavior changes, future price can exceed the historical envelope and will be treated as a breakout.
How the volume profile is built inside the channel
The script constructs a volume profile that is aligned with the sloped channel, not a flat horizontal range:
The channel’s vertical span is divided into the configured number of bins (Layers).
For each bar in the selected range, the script checks which bins are intersected by that bar’s high-low range and adds that bar’s volume to each intersected bin.
It keeps track of the bin with the highest accumulated volume. That bin defines the profile’s maximum-volume region.
Why this works (and what it measures):
Aggregating volume by where price traded within the channel helps identify the areas where the most activity occurred during the selected move.
Using bar range intersection (high-low crossing a bin) is a practical approximation for distributing volume across prices without requiring intrabar volume-at-price data. This approximation can over-attribute volume to multiple bins for wide bars, but it remains consistent across the range.
LOC, VAH, and VAL derivation
LOC (line of control)
The LOC is placed at the center of the highest-volume bin.
The LOC is then drawn as a line from Start to End, following the same slope as the channel baseline.
Interpretation:
LOC represents the most frequently traded zone within the selected channel range, expressed as a sloped level that moves forward with the channel’s drift.
VAH and VAL
Total volume across all bins is computed.
Starting from the highest-volume bin, the script expands upward and downward, accumulating volume until the accumulated fraction exceeds the configured Volume Area %.
The highest included bin boundary becomes VAH, and the lowest included bin boundary becomes VAL.
VAH and VAL are drawn as sloped lines parallel to the channel drift.
Interpretation:
VAH and VAL bound the portion of the channel where the majority of the range’s volume accumulated, based on the chosen percentage.
Relative position of price to these levels can be used as context for whether current trading is occurring in historically high-activity or low-activity parts of the selected move.
Deviation bands around LOC
After LOC is known, the script creates additional parallel bands:
It measures the vertical distance from LOC to the top channel border.
Using that as a base offset, it draws symmetric lines above and below LOC for each deviation level, scaled by the deviation multiplier.
These lines are projected with the same slope as the channel.
Interpretation:
These bands provide repeated "distance markers" above and below LOC in units derived from the selected range’s internal structure.
They are best treated as contextual zones rather than precise targets, because spacing is tied to the chosen Start-End window and its extremes.
Optional projections: Extend right and Ghost Extend
Two projection mechanisms exist:
If Extend lines right is enabled, the main channel borders, LOC, and optionally VAH/VAL and deviation lines are extended using TradingView line extension.
If Extend right is disabled but Ghost Extend is enabled, dotted projections are drawn for a fixed number of future bars from End, including channel borders, LOC, VAH/VAL, and deviation lines.
Interpretation:
Both options visualize where the same fitted structure would land in future bars if slope remains unchanged. They do not update slope unless Start-End selection is changed.
Pivot labels: HH, HL, LH, LL
The script optionally labels local swing points using pivot detection:
A pivot high is confirmed when a high is greater than neighboring highs by the configured left and right bar counts.
A pivot low is confirmed similarly for lows.
New pivot highs are labeled as HH or LH relative to the prior pivot high, and pivot lows as HL or LL relative to the prior pivot low.
The logic includes a reset behavior after a new LL or HH to reduce chaining ambiguity across regime shifts.
Interpretation:
These labels provide local structure context that can be compared to the channel’s direction and to whether price is interacting with channel borders or profile levels.
Breakout detection on channel borders
Once End is set, the channel is considered active and the script evaluates each new bar against the channel borders at that bar index:
It computes the current top and bottom border values for the present bar by advancing from the Start baseline with the fitted slope and channel height.
A potential breakout is marked on the first bar that crosses above the top border (or below the bottom border), using a close-based crossing test against the prior bar’s border value.
After a potential breakout, the script waits for confirmation:
For an upside breakout, confirmation occurs only if price remains above the top border and then closes higher than the potential breakout close.
For a downside breakout, confirmation occurs only if price remains below the bottom border and then closes lower than the potential breakout close.
If price re-enters back inside the border before confirmation, the pending breakout state is canceled.
Interpretation:
The two-step logic distinguishes an initial border cross from follow-through. It aims to reduce cases where a single bar spikes outside the channel and immediately returns.
The confirmation test is still close-based and does not consider intrabar excursions beyond the channel, so it is sensitive to candle closes rather than wicks.
Alerts included by the script
Confirmed breakout up or down can trigger alerts and corresponding alertconditions, aligned to the confirmed state described above.
Slope sign change alert triggers when the computed slope (based on the last selected Start-End range) flips sign compared to the previously computed slope. This is a re-selection or re-computation event rather than a continuous recalculation.
How to interpret the plotted elements together
A practical way to read the indicator is to separate it into three layers of information:
Channel structure
Top and bottom borders describe the fitted envelope of the selected range.
The slope indicates the drift direction implied by that selection.
Activity structure inside the channel
LOC is the highest-activity region within the selected range, projected along drift.
VAH and VAL bound the configured fraction of volume around the activity center.
Deviation bands give repeated distance zones around LOC.
Event markers
Pivot labels show local swing structure.
Breakout markers highlight border crosses and confirmed follow-through.
How to best use this indicator
Selecting Start and End effectively
Choose Start and End that represent a coherent swing segment where you want the channel and profile to describe that move.
Avoid mixing multiple regimes (for example, including both a strong trend and a later choppy distribution) unless that is explicitly what you want the profile to summarize.
If the selected window is extremely long, the script limits processing to recent data due to a hard cap (it warns when the range exceeds 10,000 bars and uses only the most recent subset).
Using LOC, VAH, and VAL for context
Treat LOC as the "most traded" zone of the selected move, projected forward.
Treat VAH and VAL as boundaries of the selected move’s high-activity region. Price acceptance inside VAH-VAL and excursions outside that band can be interpreted as trading in higher-activity versus lower-activity zones of the selected move.
Using breakouts
A potential breakout is an early warning that the historical envelope is being exceeded on a closing basis.
A confirmed breakout indicates follow-through beyond the initial breakout close while remaining outside the channel border.
Combining with pivot labels
Compare HH/HL sequences to the channel slope to understand whether local structure aligns with the selected drift.
Pivot labels can also help you decide when the current Start-End selection is no longer representative and should be refreshed.
Added value over other free indicators
The volume profile is constructed along a sloped channel , not a flat horizontal range, so the distribution is expressed in the same coordinate frame as the selected drift.
LOC, VAH, and VAL are therefore projected parallel to the channel , providing moving reference levels tied to the chosen swing segment rather than static horizontal bands.
Breakout logic uses a two-step potential and confirmation mechanism, which separates first border crossings from subsequent follow-through conditions.
Disclaimers and where the indicator can fall short
Results depend heavily on Start and End selection. Different anchor points can produce materially different slope, channel height, and profile levels.
The volume profile uses candle range intersection to distribute volume across bins. Large range candles can contribute volume to many bins, which may broaden the apparent distribution.
The channel borders are based on extremes within the selected range. If market volatility expands, price can exceed the envelope frequently and produce repeated breakout states.
Breakout detection is close-based. Wick-only excursions beyond borders are not treated as breakouts unless the close crosses the border.
Very large ranges may be truncated for processing due to the script’s internal bar limit, which changes what data is actually summarized.
ORB Fusion🎯 CORE INNOVATION: INSTITUTIONAL ORB FRAMEWORK WITH FAILED BREAKOUT INTELLIGENCE
ORB Fusion represents a complete institutional-grade Opening Range Breakout system combining classic Market Profile concepts (Initial Balance, day type classification) with modern algorithmic breakout detection, failed breakout reversal logic, and comprehensive statistical tracking. Rather than simply drawing lines at opening range extremes, this system implements the full trading methodology used by professional floor traders and market makers—including the critical concept that failed breakouts are often higher-probability setups than successful breakouts .
The Opening Range Hypothesis:
The first 30-60 minutes of trading establishes the day's value area —the price range where the majority of participants agree on fair value. This range is formed during peak information flow (overnight news digestion, gap reactions, early institutional positioning). Breakouts from this range signal directional conviction; failures to hold breakouts signal trapped participants and create exploitable reversals.
Why Opening Range Matters:
1. Information Aggregation : Opening range reflects overnight news, pre-market sentiment, and early institutional orders. It's the market's initial "consensus" on value.
2. Liquidity Concentration : Stop losses cluster just outside opening range. Breakouts trigger these stops, creating momentum. Failed breakouts trap traders, forcing reversals.
3. Statistical Persistence : Markets exhibit range expansion tendency —when price accepts above/below opening range with volume, it often extends 1.0-2.0x the opening range size before mean reversion.
4. Institutional Behavior : Large players (market makers, institutions) use opening range as reference for the day's trading plan. They fade extremes in rotation days and follow breakouts in trend days.
Historical Context:
Opening Range Breakout methodology originated in commodity futures pits (1970s-80s) where floor traders noticed consistent patterns: the first 30-60 minutes established a "fair value zone," and directional moves occurred when this zone was violated with conviction. J. Peter Steidlmayer formalized this observation in Market Profile theory, introducing the "Initial Balance" concept—the first hour (two 30-minute periods) defining market structure.
📊 OPENING RANGE CONSTRUCTION
Four ORB Timeframe Options:
1. 5-Minute ORB (0930-0935 ET):
Captures immediate market direction during "opening drive"—the explosive first few minutes when overnight orders hit the tape.
Use Case:
• Scalping strategies
• High-frequency breakout trading
• Extremely liquid instruments (ES, NQ, SPY)
Characteristics:
• Very tight range (often 0.2-0.5% of price)
• Early breakouts common (7 of 10 days break within first hour)
• Higher false breakout rate (50-60%)
• Requires sub-minute chart monitoring
Psychology: Captures panic buyers/sellers reacting to overnight news. Range is small because sample size is minimal—only 5 minutes of price discovery. Early breakouts often fail because they're driven by retail FOMO rather than institutional conviction.
2. 15-Minute ORB (0930-0945 ET):
Balances responsiveness with statistical validity. Captures opening drive plus initial reaction to that drive.
Use Case:
• Day trading strategies
• Balanced scalping/swing hybrid
• Most liquid instruments
Characteristics:
• Moderate range (0.4-0.8% of price typically)
• Breakout rate ~60% of days
• False breakout rate ~40-45%
• Good balance of opportunity and reliability
Psychology: Includes opening panic AND the first retest/consolidation. Sophisticated traders (institutions, algos) start expressing directional bias. This is the "Goldilocks" timeframe—not too reactive, not too slow.
3. 30-Minute ORB (0930-1000 ET):
Classic ORB timeframe. Default for most professional implementations.
Use Case:
• Standard intraday trading
• Position sizing for full-day trades
• All liquid instruments (equities, indices, futures)
Characteristics:
• Substantial range (0.6-1.2% of price)
• Breakout rate ~55% of days
• False breakout rate ~35-40%
• Statistical sweet spot for extensions
Psychology: Full opening auction + first institutional repositioning complete. By 10:00 AM ET, headlines are digested, early stops are hit, and "real" directional players reveal themselves. This is when institutional programs typically finish their opening positioning.
Statistical Advantage: 30-minute ORB shows highest correlation with daily range. When price breaks and holds outside 30m ORB, probability of reaching 1.0x extension (doubling the opening range) exceeds 60% historically.
4. 60-Minute ORB (0930-1030 ET) - Initial Balance:
Steidlmayer's "Initial Balance"—the foundation of Market Profile theory.
Use Case:
• Swing trading entries
• Day type classification
• Low-frequency institutional setups
Characteristics:
• Wide range (0.8-1.5% of price)
• Breakout rate ~45% of days
• False breakout rate ~25-30% (lowest)
• Best for trend day identification
Psychology: Full first hour captures A-period (0930-1000) and B-period (1000-1030). By 10:30 AM ET, all early positioning is complete. Market has "voted" on value. Subsequent price action confirms (trend day) or rejects (rotation day) this value assessment.
Initial Balance Theory:
IB represents the market's accepted value area . When price extends significantly beyond IB (>1.5x IB range), it signals a Trend Day —strong directional conviction. When price remains within 1.0x IB, it signals a Rotation Day —mean reversion environment. This classification completely changes trading strategy.
🔬 LTF PRECISION TECHNOLOGY
The Chart Timeframe Problem:
Traditional ORB indicators calculate range using the chart's current timeframe. This creates critical inaccuracies:
Example:
• You're on a 5-minute chart
• ORB period is 30 minutes (0930-1000 ET)
• Indicator sees only 6 bars (30min ÷ 5min/bar = 6 bars)
• If any 5-minute bar has extreme wick, entire ORB is distorted
The Problem Amplifies:
• On 15-minute chart with 30-minute ORB: Only 2 bars sampled
• On 30-minute chart with 30-minute ORB: Only 1 bar sampled
• Opening spike or single large wick defines entire range (invalid)
Solution: Lower Timeframe (LTF) Precision:
ORB Fusion uses `request.security_lower_tf()` to sample 1-minute bars regardless of chart timeframe:
```
For 30-minute ORB on 15-minute chart:
- Traditional method: Uses 2 bars (15min × 2 = 30min)
- LTF Precision: Requests thirty 1-minute bars, calculates true high/low
```
Why This Matters:
Scenario: ES futures, 15-minute chart, 30-minute ORB
• Traditional ORB: High = 5850.00, Low = 5842.00 (range = 8 points)
• LTF Precision ORB: High = 5848.50, Low = 5843.25 (range = 5.25 points)
Difference: 2.75 points distortion from single 15-minute wick hitting 5850.00 at 9:31 AM then immediately reversing. LTF precision filters this out by seeing it was a fleeting wick, not a sustained high.
Impact on Extensions:
With inflated range (8 points vs 5.25 points):
• 1.5x extension projects +12 points instead of +7.875 points
• Difference: 4.125 points (nearly $200 per ES contract)
• Breakout signals trigger late; extension targets unreachable
Implementation:
```pinescript
getLtfHighLow() =>
float ha = request.security_lower_tf(syminfo.tickerid, "1", high)
float la = request.security_lower_tf(syminfo.tickerid, "1", low)
```
Function returns arrays of 1-minute high/low values, then finds true maximum and minimum across all samples.
When LTF Precision Activates:
Only when chart timeframe exceeds ORB session window:
• 5-minute chart + 30-minute ORB: LTF used (chart TF > session bars needed)
• 1-minute chart + 30-minute ORB: LTF not needed (direct sampling sufficient)
Recommendation: Always enable LTF Precision unless you're on 1-minute charts. The computational overhead is negligible, and accuracy improvement is substantial.
⚖️ INITIAL BALANCE (IB) FRAMEWORK
Steidlmayer's Market Profile Innovation:
J. Peter Steidlmayer developed Market Profile in the 1980s for the Chicago Board of Trade. His key insight: market structure is best understood through time-at-price (value area) rather than just price-over-time (traditional charts).
Initial Balance Definition:
IB is the price range established during the first hour of trading, subdivided into:
• A-Period : First 30 minutes (0930-1000 ET for US equities)
• B-Period : Second 30 minutes (1000-1030 ET)
A-Period vs B-Period Comparison:
The relationship between A and B periods forecasts the day:
B-Period Expansion (Bullish):
• B-period high > A-period high
• B-period low ≥ A-period low
• Interpretation: Buyers stepping in after opening assessed
• Implication: Bullish continuation likely
• Strategy: Buy pullbacks to A-period high (now support)
B-Period Expansion (Bearish):
• B-period low < A-period low
• B-period high ≤ A-period high
• Interpretation: Sellers stepping in after opening assessed
• Implication: Bearish continuation likely
• Strategy: Sell rallies to A-period low (now resistance)
B-Period Contraction:
• B-period stays within A-period range
• Interpretation: Market indecisive, digesting A-period information
• Implication: Rotation day likely, stay range-bound
• Strategy: Fade extremes, sell high/buy low within IB
IB Extensions:
Professional traders use IB as a ruler to project price targets:
Extension Levels:
• 0.5x IB : Initial probe outside value (minor target)
• 1.0x IB : Full extension (major target for normal days)
• 1.5x IB : Trend day threshold (classifies as trending)
• 2.0x IB : Strong trend day (rare, ~10-15% of days)
Calculation:
```
IB Range = IB High - IB Low
Bull Extension 1.0x = IB High + (IB Range × 1.0)
Bear Extension 1.0x = IB Low - (IB Range × 1.0)
```
Example:
ES futures:
• IB High: 5850.00
• IB Low: 5842.00
• IB Range: 8.00 points
Extensions:
• 1.0x Bull Target: 5850 + 8 = 5858.00
• 1.5x Bull Target: 5850 + 12 = 5862.00
• 2.0x Bull Target: 5850 + 16 = 5866.00
If price reaches 5862.00 (1.5x), day is classified as Trend Day —strategy shifts from mean reversion to trend following.
📈 DAY TYPE CLASSIFICATION SYSTEM
Four Day Types (Market Profile Framework):
1. TREND DAY:
Definition: Price extends ≥1.5x IB range in one direction and stays there.
Characteristics:
• Opens and never returns to IB
• Persistent directional movement
• Volume increases as day progresses (conviction building)
• News-driven or strong institutional flow
Frequency: ~20-25% of trading days
Trading Strategy:
• DO: Follow the trend, trail stops, let winners run
• DON'T: Fade extremes, take early profits
• Key: Add to position on pullbacks to previous extension level
• Risk: Getting chopped in false trend (see Failed Breakout section)
Example: FOMC decision, payroll report, earnings surprise—anything creating one-sided conviction.
2. NORMAL DAY:
Definition: Price extends 0.5-1.5x IB, tests both sides, returns to IB.
Characteristics:
• Two-sided trading
• Extensions occur but don't persist
• Volume balanced throughout day
• Most common day type
Frequency: ~45-50% of trading days
Trading Strategy:
• DO: Take profits at extension levels, expect reversals
• DON'T: Hold for massive moves
• Key: Treat each extension as a profit-taking opportunity
• Risk: Holding too long when momentum shifts
Example: Typical day with no major catalysts—market balancing supply and demand.
3. ROTATION DAY:
Definition: Price stays within IB all day, rotating between high and low.
Characteristics:
• Never accepts outside IB
• Multiple tests of IB high/low
• Decreasing volume (no conviction)
• Classic range-bound action
Frequency: ~25-30% of trading days
Trading Strategy:
• DO: Fade extremes (sell IB high, buy IB low)
• DON'T: Chase breakouts
• Key: Enter at extremes with tight stops just outside IB
• Risk: Breakout finally occurs after multiple failures
Example: [/b> Pre-holiday trading, summer doldrums, consolidation after big move.
4. DEVELOPING:
Definition: Day type not yet determined (early in session).
Usage: Classification before 12:00 PM ET when IB extension pattern unclear.
ORB Fusion's Classification Algorithm:
```pinescript
if close > ibHigh:
ibExtension = (close - ibHigh) / ibRange
direction = "BULLISH"
else if close < ibLow:
ibExtension = (ibLow - close) / ibRange
direction = "BEARISH"
if ibExtension >= 1.5:
dayType = "TREND DAY"
else if ibExtension >= 0.5:
dayType = "NORMAL DAY"
else if close within IB:
dayType = "ROTATION DAY"
```
Why Classification Matters:
Same setup (bullish ORB breakout) has opposite implications:
• Trend Day : Hold for 2.0x extension, trail stops aggressively
• Normal Day : Take profits at 1.0x extension, watch for reversal
• Rotation Day : Fade the breakout immediately (likely false)
Knowing day type prevents catastrophic errors like fading a trend day or holding through rotation.
🚀 BREAKOUT DETECTION & CONFIRMATION
Three Confirmation Methods:
1. Close Beyond Level (Recommended):
Logic: Candle must close above ORB high (bull) or below ORB low (bear).
Why:
• Filters out wicks (temporary liquidity grabs)
• Ensures sustained acceptance above/below range
• Reduces false breakout rate by ~20-30%
Example:
• ORB High: 5850.00
• Bar high touches 5850.50 (wick above)
• Bar closes at 5848.00 (inside range)
• Result: NO breakout signal
vs.
• Bar high touches 5850.50
• Bar closes at 5851.00 (outside range)
• Result: BREAKOUT signal confirmed
Trade-off: Slightly delayed entry (wait for close) but much higher reliability.
2. Wick Beyond Level:
Logic: [/b> Any touch of ORB high/low triggers breakout.
Why:
• Earliest possible entry
• Captures aggressive momentum moves
Risk:
• High false breakout rate (60-70%)
• Stop runs trigger signals
• Requires very tight stops (difficult to manage)
Use Case: Scalping with 1-2 point profit targets where any penetration = trade.
3. Body Beyond Level:
Logic: [/b> Candle body (close vs open) must be entirely outside range.
Why:
• Strictest confirmation
• Ensures directional conviction (not just momentum)
• Lowest false breakout rate
Example: Trade-off: [/b> Very conservative—misses some valid breakouts but rarely triggers on false ones.
Volume Confirmation Layer:
All confirmation methods can require volume validation:
Volume Multiplier Logic: Rationale: [/b> True breakouts are driven by institutional activity (large size). Volume spike confirms real conviction vs. stop-run manipulation.
Statistical Impact: [/b>
• Breakouts with volume confirmation: ~65% success rate
• Breakouts without volume: ~45% success rate
• Difference: 20 percentage points edge
Implementation Note: [/b>
Volume confirmation adds complexity—you'll miss breakouts that work but lack volume. However, when targeting 1.5x+ extensions (ambitious goals), volume confirmation becomes critical because those moves require sustained institutional participation.
Recommended Settings by Strategy: [/b>
Scalping (1-2 point targets): [/b>
• Method: Close
• Volume: OFF
• Rationale: Quick in/out doesn't need perfection
Intraday Swing (5-10 point targets): [/b>
• Method: Close
• Volume: ON (1.5x multiplier)
• Rationale: Balance reliability and opportunity
Position Trading (full-day holds): [/b>
• Method: Body
• Volume: ON (2.0x multiplier)
• Rationale: Must be certain—large stops require high win rate
🔥 FAILED BREAKOUT SYSTEM
The Core Insight: [/b>
Failed breakouts are often more profitable [/b> than successful breakouts because they create trapped traders with predictable behavior.
Failed Breakout Definition: [/b>
A breakout that:
1. Initially penetrates ORB level with confirmation
2. Attracts participants (volume spike, momentum)
3. Fails to extend (stalls or immediately reverses)
4. Returns inside ORB range within N bars
Psychology of Failure: [/b>
When breakout fails:
• Breakout buyers are trapped [/b>: Bought at ORB high, now underwater
• Early longs reduce: Take profit, fearful of reversal
• Shorts smell blood: See failed breakout as reversal signal
• Result: Cascade of selling as trapped bulls exit + new shorts enter
Mirror image for failed bearish breakouts (trapped shorts cover + new longs enter).
Failure Detection Parameters: [/b>
1. Failure Confirmation Bars (default: 3): [/b>
How many bars after breakout to confirm failure?
Logic: Settings: [/b>
• 2 bars: Aggressive failure detection (more signals, more false failures)
• 3 bars Balanced (default)
• 5-10 bars: Conservative (wait for clear reversal)
Why This Matters:
Too few bars: You call "failed breakout" when price is just consolidating before next leg.
Too many bars: You miss the reversal entry (price already back in range).
2. Failure Buffer (default: 0.1 ATR): [/b>
How far inside ORB must price return to confirm failure?
Formula: Why Buffer Matters: clear rejection [/b> (not just hovering at level).
Settings: [/b>
• 0.0 ATR: No buffer, immediate failure signal
• 0.1 ATR: Small buffer (default) - filters noise
• [b>0.2-0.3 ATR: Large buffer - only dramatic failures count
Example: Reversal Entry System: [/b>
When failure confirmed, system generates complete reversal trade:
For Failed Bull Breakout (Short Reversal): [/b>
Entry: [/b> Current close when failure confirmed
Stop Loss: [/b> Extreme high since breakout + 0.10 ATR padding
Target 1: [/b> ORB High - (ORB Range × 0.5)
Target 2: Target 3: [/b> ORB High - (ORB Range × 1.5)
Example:
• ORB High: 5850, ORB Low: 5842, Range: 8 points
• Breakout to 5853, fails, reverses to 5848 (entry)
• Stop: 5853 + 1 = 5854 (6 point risk)
• T1: 5850 - 4 = 5846 (-2 points, 1:3 R:R)
• T2: 5850 - 8 = 5842 (-6 points, 1:1 R:R)
• T3: 5850 - 12 = 5838 (-10 points, 1.67:1 R:R)
[b>Why These Targets? [/b>
• T1 (0.5x ORB below high): Trapped bulls start panic
• T2 (1.0x ORB = ORB Mid): Major retracement, momentum fully reversed
• T3 (1.5x ORB): Reversal extended, now targeting opposite side
Historical Performance: [/b>
Failed breakout reversals in ORB Fusion's tracking system show:
• Win Rate: 65-75% (significantly higher than initial breakouts)
• Average Winner: 1.2x ORB range
• Average Loser: 0.5x ORB range (protected by stop at extreme)
• Expectancy: Strongly positive even with <70% win rate
Why Failed Breakouts Outperform: [/b>
1. Information Advantage: You now know what price did (failed to extend). Initial breakout trades are speculative; reversal trades are reactive to confirmed failure.
2. Trapped Participant Pressure: Every trapped bull becomes a seller. This creates sustained pressure.
3. Stop Loss Clarity: Extreme high is obvious stop (just beyond recent high). Breakout trades have ambiguous stops (ORB mid? Recent low? Too wide or too tight).
4. Mean Reversion Edge: Failed breakouts return to value (ORB mid). Initial breakouts try to escape value (harder to sustain).
Critical Insight: [/b>
"The best trade is often the one that trapped everyone else."
Failed breakouts create asymmetric opportunity because you're trading against [/b> trapped participants rather than with [/b> them. When you see a failed breakout signal, you're seeing real-time evidence that the market rejected directional conviction—that's exploitable.
📐 FIBONACCI EXTENSION SYSTEM
Six Extension Levels: [/b>
Extensions project how far price will travel after ORB breakout. Based on Fibonacci ratios + empirical market behavior.
1. 1.272x (27.2% Extension): [/b>
Formula: [/b> ORB High/Low + (ORB Range × 0.272)
Psychology: [/b> Initial probe beyond ORB. Early momentum + trapped shorts (on bull side) covering.
Probability of Reach: [/b> ~75-80% after confirmed breakout
Trading: [/b>
• First resistance/support after breakout
• Partial profit target (take 30-50% off)
• Watch for rejection here (could signal failure in progress)
Why 1.272? [/b> Related to harmonic patterns (1.272 is √1.618). Empirically, markets often stall at 25-30% extension before deciding whether to continue or fail.
2. 1.5x (50% Extension):
Formula: [/b> ORB High/Low + (ORB Range × 0.5)
Psychology: [/b> Breakout gaining conviction. Requires sustained buying/selling (not just momentum spike).
Probability of Reach: [/b> ~60-65% after confirmed breakout
Trading: [/b>
• Major partial profit (take 50-70% off)
• Move stops to breakeven
• Trail remaining position
Why 1.5x? [/b> Classic halfway point to 2.0x. Markets often consolidate here before final push. If day type is "Normal," this is likely the high/low for the day.
3. 1.618x (Golden Ratio Extension): [/b>
Formula: [/b> ORB High/Low + (ORB Range × 0.618)
Psychology: [/b> Strong directional day. Institutional conviction + retail FOMO.
Probability of Reach: [/b> ~45-50% after confirmed breakout
Trading: [/b>
• Final partial profit (close 80-90%)
• Trail remainder with wide stop (allow breathing room)
Why 1.618? [/b> Fibonacci golden ratio. Appears consistently in market geometry. When price reaches 1.618x extension, move is "mature" and reversal risk increases.
4. 2.0x (100% Extension): [/b>
Formula: ORB High/Low + (ORB Range × 1.0)
Psychology: [/b> Trend day confirmed. Opening range completely duplicated.
Probability of Reach: [/b> ~30-35% after confirmed breakout
Trading: Why 2.0x? [/b> Psychological level—range doubled. Also corresponds to typical daily ATR in many instruments (opening range ~ 0.5 ATR, daily range ~ 1.0 ATR).
5. 2.618x (Super Extension):
Formula: [/b> ORB High/Low + (ORB Range × 1.618)
Psychology: [/b> Parabolic move. News-driven or squeeze.
Probability of Reach: [/b> ~10-15% after confirmed breakout
[b>Trading: Why 2.618? [/b> Fibonacci ratio (1.618²). Rare to reach—when it does, move is extreme. Often precedes multi-day consolidation or reversal.
6. 3.0x (Extreme Extension): [/b>
Formula: [/b> ORB High/Low + (ORB Range × 2.0)
Psychology: [/b> Market melt-up/crash. Only in extreme events.
[b>Probability of Reach: [/b> <5% after confirmed breakout
Trading: [/b>
• Close immediately if reached
• These are outlier events (black swans, flash crashes, squeeze-outs)
• Holding for more is greed—take windfall profit
Why 3.0x? [/b> Triple opening range. So rare it's statistical noise. When it happens, it's headline news.
Visual Example:
ES futures, ORB 5842-5850 (8 point range), Bullish breakout:
• ORB High : 5850.00 (entry zone)
• 1.272x : 5850 + 2.18 = 5852.18 (first resistance)
• 1.5x : 5850 + 4.00 = 5854.00 (major target)
• 1.618x : 5850 + 4.94 = 5854.94 (strong target)
• 2.0x : 5850 + 8.00 = 5858.00 (trend day)
• 2.618x : 5850 + 12.94 = 5862.94 (extreme)
• 3.0x : 5850 + 16.00 = 5866.00 (parabolic)
Profit-Taking Strategy:
Optimal scaling out at extensions:
• Breakout entry at 5850.50
• 30% off at 1.272x (5852.18) → +1.68 points
• 40% off at 1.5x (5854.00) → +3.50 points
• 20% off at 1.618x (5854.94) → +4.44 points
• 10% off at 2.0x (5858.00) → +7.50 points
[b>Average Exit: Conclusion: [/b> Scaling out at extensions produces 40% higher expectancy than holding for home runs.
📊 GAP ANALYSIS & FILL PSYCHOLOGY
[b>Gap Definition: [/b>
Price discontinuity between previous close and current open:
• Gap Up : Open > Previous Close + noise threshold (0.1 ATR)
• Gap Down : Open < Previous Close - noise threshold
Why Gaps Matter: [/b>
Gaps represent unfilled orders [/b>. When market gaps up, all limit buy orders between yesterday's close and today's open are never filled. Those buyers are "left behind." Psychology: they wait for price to return ("fill the gap") so they can enter. This creates magnetic pull [/b> toward gap level.
Gap Fill Statistics (Empirical): [/b>
• Gaps <0.5% [/b>: 85-90% fill within same day
• Gaps 0.5-1.0% [/b>: 70-75% fill within same day, 90%+ within week
• Gaps >1.0% [/b>: 50-60% fill within same day (major news often prevents fill)
Gap Fill Strategy: [/b>
Setup 1: Gap-and-Go
Gap opens, extends away from gap (doesn't fill).
• ORB confirms direction away from gap
• Trade WITH ORB breakout direction
• Expectation: Gap won't fill today (momentum too strong)
Setup 2: Gap-Fill Fade
Gap opens, but fails to extend. Price drifts back toward gap.
• ORB breakout TOWARD gap (not away)
• Trade toward gap fill level
• Target: Previous close (gap fill complete)
Setup 3: Gap-Fill Rejection
Gap fills (touches previous close) then rejects.
• ORB breakout AWAY from gap after fill
• Trade away from gap direction
• Thesis: Gap filled (orders executed), now resume original direction
[b>Example: Scenario A (Gap-and-Go):
• ORB breaks upward to $454 (away from gap)
• Trade: LONG breakout, expect continued rally
• Gap becomes support ($452)
Scenario B (Gap-Fill):
• ORB breaks downward through $452.50 (toward gap)
• Trade: SHORT toward gap fill at $450.00
• Target: $450.00 (gap filled), close position
Scenario C (Gap-Fill Rejection):
• Price drifts to $450.00 (gap filled) early in session
• ORB establishes $450-$451 after gap fill
• ORB breaks upward to $451.50
• Trade: LONG breakout (gap is filled, now resume rally)
ORB Fusion Integration: [/b>
Dashboard shows:
• Gap type (Up/Down/None)
• Gap size (percentage)
• Gap fill status (Filled ✓ / Open)
This informs setup confidence:
• ORB breakout AWAY from unfilled gap: +10% confidence (gap becomes support/resistance)
• ORB breakout TOWARD unfilled gap: -10% confidence (gap fill may override ORB)
[b>📈 VWAP & INSTITUTIONAL BIAS [/b>
[b>Volume-Weighted Average Price (VWAP): [/b>
Average price weighted by volume at each price level. Represents true "average" cost for the day.
[b>Calculation: Institutional Benchmark [/b>: Institutions (mutual funds, pension funds) use VWAP as performance benchmark. If they buy above VWAP, they underperformed; below VWAP, they outperformed.
2. [b>Algorithmic Target [/b>: Many algos are programmed to buy below VWAP and sell above VWAP to achieve "fair" execution.
3. [b>Support/Resistance [/b>: VWAP acts as dynamic support (price above) or resistance (price below).
[b>VWAP Bands (Standard Deviations): [/b>
• [b>1σ Band [/b>: VWAP ± 1 standard deviation
- Contains ~68% of volume
- Normal trading range
- Bounces common
• [b>2σ Band [/b>: VWAP ± 2 standard deviations
- Contains ~95% of volume
- Extreme extension
- Mean reversion likely
ORB + VWAP Confluence: [/b>
Highest-probability setups occur when ORB and VWAP align:
Bullish Confluence: [/b>
• ORB breakout upward (bullish signal)
• Price above VWAP (institutional buying)
• Confidence boost: +15%
Bearish Confluence: [/b>
• ORB breakout downward (bearish signal)
• Price below VWAP (institutional selling)
• Confidence boost: +15%
[b>Divergence Warning:
• ORB breakout upward BUT price below VWAP
• Conflict: Breakout says "buy," VWAP says "sell"
• Confidence penalty: -10%
• Interpretation: Retail buying but institutions not participating (lower quality breakout)
📊 MOMENTUM CONTEXT SYSTEM
[b>Innovation: Candle Coloring by Position
Rather than fixed support/resistance lines, ORB Fusion colors candles based on their [b>relationship to ORB :
[b>Three Zones: [/b>
1. Inside ORB (Blue Boxes): [/b>
[b>Calculation:
• Darker blue: Near extremes of ORB (potential breakout imminent)
• Lighter blue: Near ORB mid (consolidation)
[b>Trading: [/b> Coiled spring—await breakout.
[b>2. Above ORB (Green Boxes):
[b>Calculation: 3. Below ORB (Red Boxes):
Mirror of above ORB logic.
[b>Special Contexts: [/b>
[b>Breakout Bar (Darkest Green/Red): [/b>
The specific bar where breakout occurs gets maximum color intensity regardless of distance. This highlights the pivotal moment.
[b>Failed Breakout Bar (Orange/Warning): [/b>
When failed breakout is confirmed, that bar gets orange/warning color. Visual alert: "reversal opportunity here."
[b>Near Extension (Cyan/Magenta Tint): [/b>
When price is within 0.5 ATR of an extension level, candle gets tinted cyan (bull) or magenta (bear). Indicates "target approaching—prepare to take profit."
[b>Why Visual Context? [/b>
Traditional indicators show lines. ORB Fusion shows [b>context-aware momentum [/b>. Glance at chart:
• Lots of blue? Consolidation day (fade extremes).
• Progressive green? Trend day (follow).
• Green then orange? Failed breakout (reversal setup).
This visual language communicates market state instantly—no interpretation needed.
🎯 TRADE SETUP GENERATION & GRADING [/b>
[b>Algorithmic Setup Detection: [/b>
ORB Fusion continuously evaluates market state and generates current best trade setup with:
• Action (LONG / SHORT / FADE HIGH / FADE LOW / WAIT)
• Entry price
• Stop loss
• Three targets
• Risk:Reward ratio
• Confidence score (0-100)
• Grade (A+ to D)
[b>Setup Types: [/b>
[b>1. ORB LONG (Bullish Breakout): [/b>
[b>Trigger: [/b>
• Bullish ORB breakout confirmed
• Not failed
[b>Parameters:
• Entry: Current close
• Stop: ORB mid (protects against failure)
• T1: ORB High + 0.5x range (1.5x extension)
• T2: ORB High + 1.0x range (2.0x extension)
• T3: ORB High + 1.618x range (2.618x extension)
[b>Confidence Scoring:
[b>Trigger: [/b>
• Bearish breakout occurred
• Failed (returned inside ORB)
[b>Parameters: [/b>
• Entry: Close when failure confirmed
• Stop: Extreme low since breakout + 0.10 ATR
• T1: ORB Low + 0.5x range
• T2: ORB Low + 1.0x range (ORB mid)
• T3: ORB Low + 1.5x range
[b>Confidence Scoring:
[b>Trigger:
• Inside ORB
• Close > ORB mid (near high)
[b>Parameters: [/b>
• Entry: ORB High (limit order)
• Stop: ORB High + 0.2x range
• T1: ORB Mid
• T2: ORB Low
[b>Confidence Scoring: [/b>
Base: 40 points (lower base—range fading is lower probability than breakout/reversal)
[b>Use Case: [/b> Rotation days. Not recommended on normal/trend days.
[b>6. FADE LOW (Range Trade):
Mirror of FADE HIGH.
[b>7. WAIT:
[b>Trigger: [/b>
• ORB not complete yet OR
• No clear setup (price in no-man's-land)
[b>Action: [/b> Observe, don't trade.
[b>Confidence: [/b> 0 points
[b>Grading System:
```
Confidence → Grade
85-100 → A+
75-84 → A
65-74 → B+
55-64 → B
45-54 → C
0-44 → D
```
[b>Grade Interpretation: [/b>
• [b>A+ / A: High probability setup. Take these trades.
• [b>B+ / B [/b>: Decent setup. Trade if fits system rules.
• [b>C [/b>: Marginal setup. Only if very experienced.
• [b>D [/b>: Poor setup or no setup. Don't trade.
[b>Example Scenario: [/b>
ES futures:
• ORB: 5842-5850 (8 point range)
• Bullish breakout to 5851 confirmed
• Volume: 2.0x average (confirmed)
• VWAP: 5845 (price above VWAP ✓)
• Day type: Developing (too early, no bonus)
• Gap: None
[b>Setup: [/b>
• Action: LONG
• Entry: 5851
• Stop: 5846 (ORB mid, -5 point risk)
• T1: 5854 (+3 points, 1:0.6 R:R)
• T2: 5858 (+7 points, 1:1.4 R:R)
• T3: 5862.94 (+11.94 points, 1:2.4 R:R)
[b>Confidence: LONG with 55% confidence.
Interpretation: Solid setup, not perfect. Trade it if your system allows B-grade signals.
[b>📊 STATISTICS TRACKING & PERFORMANCE ANALYSIS [/b>
[b>Real-Time Performance Metrics: [/b>
ORB Fusion tracks comprehensive statistics over user-defined lookback (default 50 days):
[b>Breakout Performance: [/b>
• [b>Bull Breakouts: [/b> Total count, wins, losses, win rate
• [b>Bear Breakouts: [/b> Total count, wins, losses, win rate
[b>Win Definition: [/b> Breakout reaches ≥1.0x extension (doubles the opening range) before end of day.
[b>Example: [/b>
• ORB: 5842-5850 (8 points)
• Bull breakout at 5851
• Reaches 5858 (1.0x extension) by close
• Result: WIN
[b>Failed Breakout Performance: [/b>
• [b>Total Failed Breakouts [/b>: Count of breakouts that failed
• [b>Reversal Wins [/b>: Count where reversal trade reached target
• [b>Failed Reversal Win Rate [/b>: Wins / Total Failed
[b>Win Definition for Reversals: [/b>
• Failed bull → reversal short reaches ORB mid
• Failed bear → reversal long reaches ORB mid
[b>Extension Tracking: [/b>
• [b>Average Extension Reached [/b>: Mean of maximum extension achieved across all breakout days
• [b>Max Extension Overall [/b>: Largest extension ever achieved in lookback period
[b>Example: 🎨 THREE DISPLAY MODES
[b>Design Philosophy: [/b>
Not all traders need all features. Beginners want simplicity. Professionals want everything. ORB Fusion adapts.
[b>SIMPLE MODE: [/b>
[b>Shows: [/b>
• Primary ORB levels (High, Mid, Low)
• ORB box
• Breakout signals (triangles)
• Failed breakout signals (crosses)
• Basic dashboard (ORB status, breakout status, setup)
• VWAP
[b>Hides: [/b>
• Session ORBs (Asian, London, NY)
• IB levels and extensions
• ORB extensions beyond basic levels
• Gap analysis visuals
• Statistics dashboard
• Momentum candle coloring
• Narrative dashboard
[b>Use Case: [/b>
• Traders who want clean chart
• Focus on core ORB concept only
• Mobile trading (less screen space)
[b>STANDARD MODE:
[b>Shows Everything in Simple Plus: [/b>
• Session ORBs (Asian, London, NY)
• IB levels (high, low, mid)
• IB extensions
• ORB extensions (1.272x, 1.5x, 1.618x, 2.0x)
• Gap analysis and fill targets
• VWAP bands (1σ and 2σ)
• Momentum candle coloring
• Context section in dashboard
• Narrative dashboard
[b>Hides: [/b>
• Advanced extensions (2.618x, 3.0x)
• Detailed statistics dashboard
[b>Use Case: [/b>
• Most traders
• Balance between information and clarity
• Covers 90% of use cases
[b>ADVANCED MODE:
[b>Shows Everything:
• All session ORBs
• All IB levels and extensions
• All ORB extensions (including 2.618x and 3.0x)
• Full gap analysis
• VWAP with both 1σ and 2σ bands
• Momentum candle coloring
• Complete statistics dashboard
• Narrative dashboard
• All context metrics
[b>Use Case: [/b>
• Professional traders
• System developers
• Those who want maximum information density
[b>Switching Modes: [/b>
Single dropdown input: "Display Mode" → Simple / Standard / Advanced
Entire indicator adapts instantly. No need to toggle 20 individual settings.
📖 NARRATIVE DASHBOARD
[b>Innovation: Plain-English Market State [/b>
Most indicators show data. ORB Fusion explains what the data [b>means [/b>.
[b>Narrative Components: [/b>
[b>1. Phase: [/b>
• "📍 Building ORB..." (during ORB session)
• "📊 Trading Phase" (after ORB complete)
• "⏳ Pre-Market" (before ORB session)
[b>2. Status (Current Observation): [/b>
• "⚠️ Failed breakout - reversal likely"
• "🚀 Bullish momentum in play"
• "📉 Bearish momentum in play"
• "⚖️ Consolidating in range"
• "👀 Monitoring for setup"
[b>3. Next Level:
Tells you what to watch for:
• "🎯 1.5x @ 5854.00" (next extension target)
• "Watch ORB levels" (inside range, await breakout)
[b>4. Setup: [/b>
Current trade setup + grade:
• "LONG " (bullish breakout, A-grade)
• "🔥 SHORT REVERSAL " (failed bull breakout, A+-grade)
• "WAIT " (no setup)
[b>5. Reason: [/b>
Why this setup exists:
• "ORB Bullish Breakout"
• "Failed Bear Breakout - High Probability Reversal"
• "Range Fade - Near High"
[b>6. Tip (Market Insight):
Contextual advice:
• "🔥 TREND DAY - Trail stops" (day type is trending)
• "🔄 ROTATION - Fade extremes" (day type is rotating)
• "📊 Gap unfilled - magnet level" (gap creates target)
• "📈 Normal conditions" (no special context)
[b>Example Narrative:
```
📖 ORB Narrative
━━━━━━━━━━━━━━━━
Phase | 📊 Trading Phase
Status | 🚀 Bullish momentum in play
Next | 🎯 1.5x @ 5854.00
📈 Setup | LONG
Reason | ORB Bullish Breakout
💡 Tip | 🔥 TREND DAY - Trail stops
```
[b>Glance Interpretation: [/b>
"We're in trading phase. Bullish breakout happened (momentum in play). Next target is 1.5x extension at 5854. Current setup is LONG with A-grade. It's a trend day, so trail stops (don't take early profits)."
Complete market state communicated in 6 lines. No interpretation needed.
[b>Why This Matters:
Beginner traders struggle with "So what?" question. Indicators show lines and signals, but what does it mean [/b>? Narrative dashboard bridges this gap.
Professional traders benefit too—rapid context assessment during fast-moving markets. No time to analyze; glance at narrative, get action plan.
🔔 INTELLIGENT ALERT SYSTEM
[b>Four Alert Types: [/b>
[b>1. Breakout Alert: [/b>
[b>Trigger: [/b> ORB breakout confirmed (bull or bear)
[b>Message: [/b>
```
🚀 ORB BULLISH BREAKOUT
Price: 5851.00
Volume Confirmed
Grade: A
```
[b>Frequency: [/b> Once per bar (prevents spam)
[b>2. Failed Breakout Alert: [/b>
[b>Trigger: [/b> Breakout fails, reversal setup generated
[b>Message: [/b>
```
🔥 FAILED BULLISH BREAKOUT!
HIGH PROBABILITY SHORT REVERSAL
Entry: 5848.00
Stop: 5854.00
T1: 5846.00
T2: 5842.00
Historical Win Rate: 73%
```
[b>Why Comprehensive? [/b> Failed breakout alerts include complete trade plan. You can execute immediately from alert—no need to check chart.
[b>3. Extension Alert:
[b>Trigger: [/b> Price reaches extension level for first time
[b>Message: [/b>
```
🎯 Bull Extension 1.5x reached @ 5854.00
```
[b>Use: [/b> Profit-taking reminder. When extension hit, consider scaling out.
[b>4. IB Break Alert: [/b>
[b>Trigger: [/b> Price breaks above IB high or below IB low
[b>Message: [/b>
```
📊 IB HIGH BROKEN - Potential Trend Day
```
[b>Use: [/b> Day type classification. IB break suggests trend day developing—adjust strategy to trend-following mode.
[b>Alert Management: [/b>
Each alert type can be enabled/disabled independently. Prevents notification overload.
[b>Cooldown Logic: [/b>
Alerts won't fire if same alert type triggered within last bar. Prevents:
• "Breakout" alert every tick during choppy breakout
• Multiple "extension" alerts if price oscillates at level
Ensures: One clean alert per event.
⚙️ KEY PARAMETERS EXPLAINED
[b>Opening Range Settings: [/b>
• [b>ORB Timeframe [/b> (5/15/30/60 min): Duration of opening range window
- 30 min recommended for most traders
• [b>Use RTH Only [/b> (ON/OFF): Only trade during regular trading hours
- ON recommended (avoids thin overnight markets)
• [b>Use LTF Precision [/b> (ON/OFF): Sample 1-minute bars for accuracy
- ON recommended (critical for charts >1 minute)
• [b>Precision TF [/b> (1/5 min): Timeframe for LTF sampling
- 1 min recommended (most accurate)
[b>Session ORBs: [/b>
• [b>Show Asian/London/NY ORB [/b> (ON/OFF): Display multi-session ranges
- OFF in Simple mode
- ON in Standard/Advanced if trading 24hr markets
• [b>Session Windows [/b>: Time ranges for each session ORB
- Defaults align with major session opens
[b>Initial Balance: [/b>
• [b>Show IB [/b> (ON/OFF): Display Initial Balance levels
- ON recommended for day type classification
• [b>IB Session Window [/b> (0930-1030): First hour of trading
- Default is standard for US equities
• [b>Show IB Extensions [/b> (ON/OFF): Project IB extension targets
- ON recommended (identifies trend days)
• [b>IB Extensions 1-4 [/b> (0.5x, 1.0x, 1.5x, 2.0x): Extension multipliers
- Defaults are Market Profile standard
[b>ORB Extensions: [/b>
• [b>Show Extensions [/b> (ON/OFF): Project ORB extension targets
- ON recommended (defines profit targets)
• [b>Enable Individual Extensions [/b> (1.272x, 1.5x, 1.618x, 2.0x, 2.618x, 3.0x)
- Enable 1.272x, 1.5x, 1.618x, 2.0x minimum
- Disable 2.618x and 3.0x unless trading very volatile instruments
[b>Breakout Detection:
• [b>Confirmation Method [/b> (Close/Wick/Body):
- Close recommended (best balance)
- Wick for scalping
- Body for conservative
• [b>Require Volume Confirmation [/b> (ON/OFF):
- ON recommended (increases reliability)
• [b>Volume Multiplier [/b> (1.0-3.0):
- 1.5x recommended
- Lower for thin instruments
- Higher for heavy volume instruments
[b>Failed Breakout System: [/b>
• [b>Enable Failed Breakouts [/b> (ON/OFF):
- ON strongly recommended (highest edge)
• [b>Bars to Confirm Failure [/b> (2-10):
- 3 bars recommended
- 2 for aggressive (more signals, more false failures)
- 5+ for conservative (fewer signals, higher quality)
• [b>Failure Buffer [/b> (0.0-0.5 ATR):
- 0.1 ATR recommended
- Filters noise during consolidation near ORB level
• [b>Show Reversal Targets [/b> (ON/OFF):
- ON recommended (visualizes trade plan)
• [b>Reversal Target Mults [/b> (0.5x, 1.0x, 1.5x):
- Defaults are tested values
- Adjust based on average daily range
[b>Gap Analysis:
• [b>Show Gap Analysis [/b> (ON/OFF):
- ON if trading instruments that gap frequently
- OFF for 24hr markets (forex, crypto—no gaps)
• [b>Gap Fill Target [/b> (ON/OFF):
- ON to visualize previous close (gap fill level)
[b>VWAP:
• [b>Show VWAP [/b> (ON/OFF):
- ON recommended (key institutional level)
• [b>Show VWAP Bands [/b> (ON/OFF):
- ON in Standard/Advanced
- OFF in Simple
• [b>Band Multipliers (1.0σ, 2.0σ):
- Defaults are standard
- 1σ = normal range, 2σ = extreme
[b>Day Type: [/b>
• [b>Show Day Type Analysis [/b> (ON/OFF):
- ON recommended (critical for strategy adaptation)
• [b>Trend Day Threshold [/b> (1.0-2.5 IB mult):
- 1.5x recommended
- When price extends >1.5x IB, classifies as Trend Day
[b>Enhanced Visuals:
• [b>Show Momentum Candles [/b> (ON/OFF):
- ON for visual context
- OFF if chart gets too colorful
• [b>Show Gradient Zone Fills [/b> (ON/OFF):
- ON for professional look
- OFF for minimalist chart
• [b>Label Display Mode [/b> (All/Adaptive/Minimal):
- Adaptive recommended (shows nearby labels only)
- All for information density
- Minimal for clean chart
• [b>Label Proximity [/b> (1.0-5.0 ATR):
- 3.0 ATR recommended
- Labels beyond this distance are hidden (Adaptive mode)
[b>🎓 PROFESSIONAL USAGE PROTOCOL [/b>
[b>Phase 1: Learning the System (Week 1) [/b>
[b>Goal: [/b> Understand ORB concepts and dashboard interpretation
[b>Setup: [/b>
• Display Mode: STANDARD
• ORB Timeframe: 30 minutes
• Enable ALL features (IB, extensions, failed breakouts, VWAP, gap analysis)
• Enable statistics tracking
[b>Actions: [/b>
• Paper trade ONLY—no real money
• Observe ORB formation every day (9:30-10:00 AM ET for US markets)
• Note when ORB breakouts occur and if they extend
• Note when breakouts fail and reversals happen
• Watch day type classification evolve during session
• Track statistics—which setups are working?
[b>Key Learning: [/b>
• How often do breakouts reach 1.5x extension? (typically 50-60% of confirmed breakouts)
• How often do breakouts fail? (typically 30-40%)
• Which setup grade (A/B/C) actually performs best? (should see A-grade outperforming)
• What day type produces best results? (trend days favor breakouts, rotation days favor fades)
[b>Phase 2: Parameter Optimization (Week 2) [/b>
[b>Goal: [/b> Tune system to your instrument and timeframe
[b>ORB Timeframe Selection:
• Run 5 days with 15-minute ORB
• Run 5 days with 30-minute ORB
• Compare: Which captures better breakouts on your instrument?
• Typically: 30-minute optimal for most, 15-minute for very liquid (ES, SPY)
[b>Volume Confirmation Testing:
• Run 5 days WITH volume confirmation
• Run 5 days WITHOUT volume confirmation
• Compare: Does volume confirmation increase win rate?
• If win rate improves by >5%: Keep volume confirmation ON
• If no improvement: Turn OFF (avoid missing valid breakouts)
[b>Failed Breakout Bars:
[b>Goal: [/b> Develop personal trading rules based on system signals
[b>Setup Selection Rules: [/b>
Define which setups you'll trade:
• [b>Conservative: [/b> Only A+ and A grades
• [b>Balanced: [/b> A+, A, B+ grades
• [b>Aggressive: [/b> All grades B and above
Test each approach for 5-10 trades, compare results.
[b>Position Sizing by Grade: [/b>
Consider risk-weighting by setup quality:
• A+ grade: 100% position size
• A grade: 75% position size
• B+ grade: 50% position size
• B grade: 25% position size
Example: If max risk is $1000/trade:
• A+ setup: Risk $1000
• A setup: Risk $750
• B+ setup: Risk $500
This matches bet sizing to edge.
[b>Day Type Adaptation: [/b>
Create rules for different day types:
Trend Days:
• Take ALL breakout signals (A/B/C grades)
• Hold for 2.0x extension minimum
• Trail stops aggressively (1.0 ATR trail)
• DON'T fade—reversals unlikely
Rotation Days:
• ONLY take failed breakout reversals
• Ignore initial breakout signals (likely to fail)
• Take profits quickly (0.5x extension)
• Focus on fade setups (Fade High/Fade Low)
Normal Days:
• Take A/A+ breakout signals only
• Take ALL failed breakout reversals (high probability)
• Target 1.0-1.5x extensions
• Partial profit-taking at extensions
Time-of-Day Rules: [/b>
Breakouts at different times have different probabilities:
10:00-10:30 AM (Early Breakout):
• ORB just completed
• Fresh breakout
• Probability: Moderate (50-55% reach 1.0x)
• Strategy: Conservative position sizing
10:30-12:00 PM (Mid-Morning):
• Momentum established
• Volume still healthy
• Probability: High (60-65% reach 1.0x)
• Strategy: Standard position sizing
12:00-2:00 PM (Lunch Doldrums):
• Volume dries up
• Whipsaw risk increases
• Probability: Low (40-45% reach 1.0x)
• Strategy: Avoid new entries OR reduce size 50%
2:00-4:00 PM (Afternoon Session):
• Late-day positioning
• EOD squeezes possible
• Probability: Moderate-High (55-60%)
• Strategy: Watch for IB break—if trending all day, follow
[b>Phase 4: Live Micro-Sizing (Month 2) [/b>
[b>Goal: [/b> Validate paper trading results with minimal risk
[b>Setup: [/b>
• 10-20% of intended full position size
• Take ONLY A+ and A grade setups
• Follow stop loss and targets religiously
[b>Execution: [/b>
• Execute from alerts OR from dashboard setup box
• Entry: Close of signal bar OR next bar market order
• Stop: Use exact stop from setup (don't widen)
• Targets: Scale out at T1/T2/T3 as indicated
[b>Tracking: [/b>
• Log every trade: Entry, Exit, Grade, Outcome, Day Type
• Calculate: Win rate, Average R-multiple, Max consecutive losses
• Compare to paper trading results (should be within 15%)
[b>Red Flags: [/b>
• Win rate <45%: System not suitable for this instrument/timeframe
• Major divergence from paper trading: Execution issues (slippage, late entries, emotional exits)
• Max consecutive losses >8: Hitting rough patch OR market regime changed
[b>Phase 5: Scaling Up (Months 3-6)
[b>Goal: [/b> Gradually increase to full position size
[b>Progression: [/b>
• Month 3: 25-40% size (if micro-sizing profitable)
• Month 4: 40-60% size
• Month 5: 60-80% size
• Month 6: 80-100% size
[b>Milestones Required to Scale Up: [/b>
• Minimum 30 trades at current size
• Win rate ≥48%
• Profit factor ≥1.2
• Max drawdown <20%
• Emotional control (no revenge trading, no FOMO)
[b>Advanced Techniques:
[b>Multi-Timeframe ORB: Assumes first 30-60 minutes establish value. Violation: Market opens after major news, price discovery continues for hours (opening range meaningless).
2. [b>Volume Indicates Conviction: ES, NQ, RTY, SPY, QQQ—high liquidity, clean ORB formation, reliable extensions
• [b>Large-Cap Stocks: AAPL, MSFT, TSLA, NVDA (>$5B market cap, >5M daily volume)
• [b>Liquid Futures: CL (crude oil), GC (gold), 6E (EUR/USD), ZB (bonds)—24hr markets benefit from session ORBs
• [b>Major Forex Pairs: [/b> EUR/USD, GBP/USD, USD/JPY—London/NY session ORBs work well
[b>Performs Poorly On: [/b>
• [b>Illiquid Stocks: <$1M daily volume, wide spreads, gappy price action
• [b>Penny Stocks: [/b> Manipulated, pump-and-dump, no real price discovery
• [b>Low-Volume ETFs: Exotic sector ETFs, leveraged products with thin volume
• [b>Crypto on Sketchy Exchanges: Wash trading, spoofing invalidates volume analysis
• [b>Earnings Days: [/b> ORB completes before earnings release, then completely resets (useless)
• Binary Event Days: FDA approvals, court rulings—discontinuous price action
[b>Known Weaknesses: [/b>
• [b>Slow Starts: ORB doesn't complete until 10:00 AM (30-min ORB). Early morning traders have no signals for 30 minutes. Consider using 15-minute ORB if this is problematic.
• [b>Failure Detection Lag: [/b> Failed breakout requires 3+ bars to confirm. By the time system signals reversal, price may have already moved significantly back inside range. Manual traders watching in real-time can enter earlier.
• [b>Extension Overshoot: [/b> System projects extensions mathematically (1.5x, 2.0x, etc.). Actual moves may stop short (1.3x) or overshoot (2.2x). Extensions are targets, not magnets.
• [b>Day Type Misclassification: [/b> Early in session, day type is "Developing." By the time it's classified definitively (often 11:00 AM+), half the day is over. Strategy adjustments happen late.
• [b>Gap Assumptions: [/b> System assumes gaps want to fill. Strong trend days never fill gaps (gap becomes support/resistance forever). Blindly trading toward gaps can backfire on trend days.
• [b>Volume Data Quality: Forex doesn't have centralized volume (uses tick volume as proxy—less reliable). Crypto volume is often fake (wash trading). Volume confirmation less effective on these instruments.
• [b>Multi-Session Complexity: [/b> When using Asian/London/NY ORBs simultaneously, chart becomes cluttered. Requires discipline to focus on relevant session for current time.
[b>Risk Factors: [/b>
• [b>Opening Gaps: Large gaps (>2%) can create distorted ORBs. Opening range might be unusually wide or narrow, making extensions unreliable.
• [b>Low Volatility Environments:[/b> When VIX <12, opening ranges can be tiny (0.2-0.3%). Extensions are equally tiny. Profit targets don't justify commission/slippage.
• [b>High Volatility Environments:[/b> When VIX >30, opening ranges are huge (2-3%+). Extensions project unrealistic targets. Failed breakouts happen faster (volatility whipsaw).
• [b>Algorithm Dominance:[/b> In heavily algorithmic markets (ES during overnight session), ORB levels can be manipulated—algos pin price to ORB high/low intentionally. Breakouts become stop-runs rather than genuine directional moves.
[b>⚠️ RISK DISCLOSURE[/b>
Trading futures, stocks, options, forex, and cryptocurrencies involves substantial risk of loss and is not suitable for all investors. Opening Range Breakout strategies, while based on sound market structure principles, do not guarantee profits and can result in significant losses.
The ORB Fusion indicator implements professional trading concepts including Opening Range theory, Market Profile Initial Balance analysis, Fibonacci extensions, and failed breakout reversal logic. These methodologies have theoretical foundations but past performance—whether backtested or live—is not indicative of future results.
Opening Range theory assumes the first 30-60 minutes of trading establish a meaningful value area and that breakouts from this range signal directional conviction. This assumption may not hold during:
• Major news events (FOMC, NFP, earnings surprises)
• Market structure changes (circuit breakers, trading halts)
• Low liquidity periods (holidays, early closures)
• Algorithmic manipulation or spoofing
Failed breakout detection relies on patterns of trapped participant behavior. While historically these patterns have shown statistical edges, market conditions change. Institutional algorithms, changing market structure, or regime shifts can reduce or eliminate edges that existed historically.
Initial Balance classification (trend day vs rotation day vs normal day) is a heuristic framework, not a deterministic prediction. Day type can change mid-session. Early classification may prove incorrect as the day develops.
Extension projections (1.272x, 1.5x, 1.618x, 2.0x, etc.) are probabilistic targets derived from Fibonacci ratios and empirical market behavior. They are not "support and resistance levels" that price must reach or respect. Markets can stop short of extensions, overshoot them, or ignore them entirely.
Volume confirmation assumes high volume indicates institutional participation and conviction. In algorithmic markets, volume can be artificially high (HFT activity) or artificially low (dark pools, internalization). Volume is a proxy, not a guarantee of conviction.
LTF precision sampling improves ORB accuracy by using 1-minute bars but introduces additional data dependencies. If 1-minute data is unavailable, inaccurate, or delayed, ORB calculations will be incorrect.
The grading system (A+/A/B+/B/C/D) and confidence scores aggregate multiple factors (volume, VWAP, day type, IB expansion, gap context) into a single assessment. This is a mechanical calculation, not artificial intelligence. The system cannot adapt to unprecedented market conditions or events outside its programmed logic.
Real trading involves slippage, commissions, latency, partial fills, and rejected orders not present in indicator calculations. ORB Fusion generates signals at bar close; actual fills occur with delay. Opening range forms during highest volatility (first 30 minutes)—spreads widen, slippage increases. Execution quality significantly impacts realized results.
Statistics tracking (win rates, extension levels reached, day type distribution) is based on historical bars in your lookback window. If lookback is small (<50 bars) or market regime changed, statistics may not represent future probabilities.
Users must independently validate system performance on their specific instruments, timeframes, and broker execution environment. Paper trade extensively (100+ trades minimum) before risking capital. Start with micro position sizing (5-10% of intended size) for 50+ trades to validate execution quality matches expectations.
Never risk more than you can afford to lose completely. Use proper position sizing (0.5-2% risk per trade maximum). Implement stop losses on every single trade without exception. Understand that most retail traders lose money—sophisticated indicators do not change this fundamental reality. They systematize analysis but cannot eliminate risk.
The developer makes no warranties regarding profitability, suitability, accuracy, reliability, or fitness for any purpose. Users assume full responsibility for all trading decisions, parameter selections, risk management, and outcomes.
By using this indicator, you acknowledge that you have read, understood, and accepted these risk disclosures and limitations, and you accept full responsibility for all trading activity and potential losses.
[b>═══════════════════════════════════════════════════════════════════════════════[/b>
[b>CLOSING STATEMENT[/b>
[b>═══════════════════════════════════════════════════════════════════════════════[/b>
Opening Range Breakout is not a trick. It's a framework. The first 30-60 minutes reveal where participants believe value lies. Breakouts signal directional conviction. Failures signal trapped participants. Extensions define profit targets. Day types dictate strategy. Failed breakouts create the highest-probability reversals.
ORB Fusion doesn't predict the future—it identifies [b>structure[/b>, detects [b>breakouts[/b>, recognizes [b>failures[/b>, and generates [b>probabilistic trade plans[/b> with defined risk and reward.
The edge is not in the opening range itself. The edge is in recognizing when the market respects structure (follow breakouts) versus when it violates structure (fade breakouts). The edge is in detecting failures faster than discretionary traders. The edge is in systematic classification that prevents catastrophic errors—like fading a trend day or holding through rotation.
Most indicators draw lines. ORB Fusion implements a complete institutional trading methodology: Opening Range theory, Market Profile classification, failed breakout intelligence, Fibonacci projections, volume confirmation, gap psychology, and real-time performance tracking.
Whether you're a beginner learning market structure or a professional seeking systematic ORB implementation, this system provides the framework.
"The market's first word is its opening range. Everything after is commentary." — ORB Fusion
ULTIMATE ORDER FLOW SYSTEM🔥 ULTIMATE ORDER FLOW SYSTEM
Overview
This comprehensive order flow analysis tool combines **Volume Profile**, **Cumulative Delta**, and **Large Order Detection** to identify high-probability trading setups. The script analyzes institutional order flow patterns and volume distribution to pinpoint key levels where price is likely to react.
📊 Core Components & Methodology
🔥 ULTIMATE ORDER FLOW SYSTEM
Overview
This comprehensive order flow analysis tool combines Volume Profile, Cumulative Delta, and Large Order Detection to identify high-probability trading setups. The script analyzes institutional order flow patterns and volume distribution to pinpoint key levels where price is likely to react.
________________________________________
📊 Core Components & Methodology
1. Volume Profile Analysis
The script constructs a horizontal volume profile by:
• Dividing the price range into configurable rows (default: 20)
• Accumulating volume at each price level over a lookback period (default: 50 bars)
• Separating buy volume (green bars close > open) from sell volume (red bars)
• Identifying three critical levels:
o POC (Point of Control): Price level with highest traded volume - acts as a strong magnet
o VAH/VAL (Value Area High/Low): Contains 70% of total volume - defines fair value zone
o HVN (High Volume Nodes): Resistance zones where institutions accumulated positions
o LVN (Low Volume Nodes): Thin zones that price moves through quickly - ideal targets
Why This Matters: Institutional traders leave footprints through volume. HVN zones show where large players defended levels, making them reliable support/resistance.
________________________________________
2. Cumulative Delta (Order Flow)
Tracks the running total of buying vs selling pressure:
• Bar Delta: Difference between buy and sell volume per candle
• Cumulative Delta: Sum of all bar deltas - shows net directional pressure
• Delta Moving Average: Smoothed delta (20-period) to identify trend
• Delta Divergences:
o Bullish: Price makes lower low, but delta makes higher low (absorption at bottom)
o Bearish: Price makes higher high, but delta makes lower high (exhaustion at top)
How It Works: When cumulative delta trends up while price consolidates, it signals accumulation. Delta divergences reveal when smart money is positioned opposite to retail expectations.
________________________________________
3. Large Order Detection
Identifies institutional-sized orders in real-time:
• Compares current bar volume to 20-period moving average
• Flags orders exceeding 2.5x average volume (configurable multiplier)
• Distinguishes bullish (green circles below) vs bearish (red circles above) large orders
Rationale: Sudden volume spikes at key levels indicate institutional participation - the "fuel" needed for breakouts or reversals.
________________________________________
🎯 Trading Signal Logic
Combined Setup Criteria
The script generates SHORT and LONG signals when multiple conditions align:
SHORT Signal Requirements:
1. Price reaches an HVN resistance zone (within 0.2%)
2. Large sell order detected (volume spike + red candle)
3. Cumulative delta is bearish OR bearish divergence present
4. 10-bar cooldown between signals (prevents overtrading)
LONG Signal Requirements:
1. Price reaches an HVN support zone
2. Large buy order detected (volume spike + green candle)
3. Cumulative delta is bullish OR bullish divergence present
4. 10-bar cooldown enforced
________________________________________
🔧 Customization Options
Setting - Purpose - Recommendation
Volume Profile Rows - Granularity of level detection - 20 (balanced)
Lookback Period - Historical data analyzed - 50 bars (intraday), 200 (swing)
Large Order Multiplier - Sensitivity to volume spikes - 2.5x (standard), 3.5x (conservative)
HVN Threshold - Resistance zone detection - 1.3 (default)
LVN Threshold - Target zone identification - 0.6 (default)
Divergence Lookback - Pivot detection period - 5 bars (responsive)
________________________________________
📈 Dashboard Indicators
The real-time panel displays:
• POC: Current Point of Control price
• Location: Whether price is at HVN resistance
• Orders: Current large buy/sell activity
• Cumulative Δ: Net order flow value + trend direction
• Divergence: Active bullish/bearish divergences
• Bar Strength: % of candle volume that's directional (>65% = strong)
• SETUP: Current trade signal (LONG/SHORT/WAIT)
________________________________________
🎨 Visual System
• Yellow POC Line: Highest volume level - primary pivot
• Blue Value Area Box: Fair value zone (VAH to VAL)
• Red HVN Zones: Resistance/support from institutional accumulation
• Green LVN Zones: Low-liquidity targets for quick moves
• Volume Bars: Green (buy pressure) vs Red (sell pressure) distribution
• Triangles: LONG (green up) and SHORT (red down) entry signals
• Diamonds: Divergence warnings (cyan=bullish, fuchsia=bearish)
________________________________________
💡 How This Script Is Unique
Unlike standalone volume profile or delta indicators, this script:
1. Synthesizes three complementary methods - volume structure, order flow momentum, and liquidity detection
2. Requires multi-factor confirmation - signals only trigger when price, volume, and delta align at key zones
3. Adapts to market regime - delta filters ensure you're trading with the dominant order flow direction
4. Provides context, not just signals - the dashboard helps you understand why a setup is forming
________________________________________
⚙️ Best Practices
Timeframes:
• 5-15 min: Scalping (use 30-50 bar lookback)
• 1-4 hour: Swing trading (use 100-200 bar lookback)
Risk Management:
• Enter on signal candle close
• Stop loss: Beyond nearest HVN/LVN zone
• Target 1: Next LVN level
• Target 2: Opposite value area boundary
Filters:
• Avoid signals during major news events
• Require bar delta strength >65% for aggressive entries
• Wait for delta MA cross confirmation in ranging markets
________________________________________
🚨 Alerts Available
• Long Setup Trigger
• Short Setup Trigger
• Bullish/Bearish Divergence Detection
• Large Buy/Sell Order Execution
________________________________________
📚 Educational Context
This methodology is based on principles used by professional order flow traders:
• Market Profile Theory: Volume distribution reveals fair value
• Tape Reading: Large orders show institutional intent
• Auction Theory: Price seeks areas of liquidity imbalance (LVN zones)
The script automates pattern recognition that discretionary traders spend years learning to identify manually.
________________________________________
⚠️ Disclaimer
This indicator is a trading tool, not a trading system. It identifies high-probability setups based on order flow analysis but requires proper risk management, market context, and trader discretion. Past performance does not guarantee future results.
________________________________________
Version: 6 (Pine Script)
Type: Overlay + Separate Pane (Delta Panel)
Resource Usage: Moderate (500 bars history, 500 lines/boxes)
________________________________________
For questions or support, please comment below. If you find this script valuable, please boost and favorite! 🚀
1. Volume Profile Analysis
The script constructs a horizontal volume profile by:
- Dividing the price range into configurable rows (default: 20)
- Accumulating volume at each price level over a lookback period (default: 50 bars)
- Separating buy volume (green bars close > open) from sell volume (red bars)
- Identifying three critical levels:
- POC (Point of Control): Price level with highest traded volume - acts as a strong magnet
- VAH/VAL (Value Area High/Low): Contains 70% of total volume - defines fair value zone
- HVN (High Volume Nodes): Resistance zones where institutions accumulated positions
- LVN (Low Volume Nodes): Thin zones that price moves through quickly - ideal targets
Why This Matters: Institutional traders leave footprints through volume. HVN zones show where large players defended levels, making them reliable support/resistance.
---
2. Cumulative Delta (Order Flow)
Tracks the running total of buying vs selling pressure:
- **Bar Delta**: Difference between buy and sell volume per candle
- **Cumulative Delta**: Sum of all bar deltas - shows net directional pressure
- **Delta Moving Average**: Smoothed delta (20-period) to identify trend
- **Delta Divergences**:
- **Bullish**: Price makes lower low, but delta makes higher low (absorption at bottom)
- **Bearish**: Price makes higher high, but delta makes lower high (exhaustion at top)
**How It Works**: When cumulative delta trends up while price consolidates, it signals accumulation. Delta divergences reveal when smart money is positioned opposite to retail expectations.
---
### 3. **Large Order Detection**
Identifies **institutional-sized orders** in real-time:
- Compares current bar volume to 20-period moving average
- Flags orders exceeding 2.5x average volume (configurable multiplier)
- Distinguishes bullish (green circles below) vs bearish (red circles above) large orders
**Rationale**: Sudden volume spikes at key levels indicate institutional participation - the "fuel" needed for breakouts or reversals.
---
## 🎯 Trading Signal Logic
### Combined Setup Criteria
The script generates **SHORT** and **LONG** signals when multiple conditions align:
**SHORT Signal Requirements:**
1. Price reaches an HVN resistance zone (within 0.2%)
2. Large sell order detected (volume spike + red candle)
3. Cumulative delta is bearish OR bearish divergence present
4. 10-bar cooldown between signals (prevents overtrading)
**LONG Signal Requirements:**
1. Price reaches an HVN support zone
2. Large buy order detected (volume spike + green candle)
3. Cumulative delta is bullish OR bullish divergence present
4. 10-bar cooldown enforced
---
## 🔧 Customization Options
| Setting | Purpose | Recommendation |
|---------|---------|----------------|
| **Volume Profile Rows** | Granularity of level detection | 20 (balanced) |
| **Lookback Period** | Historical data analyzed | 50 bars (intraday), 200 (swing) |
| **Large Order Multiplier** | Sensitivity to volume spikes | 2.5x (standard), 3.5x (conservative) |
| **HVN Threshold** | Resistance zone detection | 1.3 (default) |
| **LVN Threshold** | Target zone identification | 0.6 (default) |
| **Divergence Lookback** | Pivot detection period | 5 bars (responsive) |
---
## 📈 Dashboard Indicators
The real-time panel displays:
- **POC**: Current Point of Control price
- **Location**: Whether price is at HVN resistance
- **Orders**: Current large buy/sell activity
- **Cumulative Δ**: Net order flow value + trend direction
- **Divergence**: Active bullish/bearish divergences
- **Bar Strength**: % of candle volume that's directional (>65% = strong)
- **SETUP**: Current trade signal (LONG/SHORT/WAIT)
---
## 🎨 Visual System
- **Yellow POC Line**: Highest volume level - primary pivot
- **Blue Value Area Box**: Fair value zone (VAH to VAL)
- **Red HVN Zones**: Resistance/support from institutional accumulation
- **Green LVN Zones**: Low-liquidity targets for quick moves
- **Volume Bars**: Green (buy pressure) vs Red (sell pressure) distribution
- **Triangles**: LONG (green up) and SHORT (red down) entry signals
- **Diamonds**: Divergence warnings (cyan=bullish, fuchsia=bearish)
---
## 💡 How This Script Is Unique
Unlike standalone volume profile or delta indicators, this script:
1. **Synthesizes three complementary methods** - volume structure, order flow momentum, and liquidity detection
2. **Requires multi-factor confirmation** - signals only trigger when price, volume, and delta align at key zones
3. **Adapts to market regime** - delta filters ensure you're trading with the dominant order flow direction
4. **Provides context, not just signals** - the dashboard helps you understand *why* a setup is forming
---
## ⚙️ Best Practices
**Timeframes:**
- 5-15 min: Scalping (use 30-50 bar lookback)
- 1-4 hour: Swing trading (use 100-200 bar lookback)
**Risk Management:**
- Enter on signal candle close
- Stop loss: Beyond nearest HVN/LVN zone
- Target 1: Next LVN level
- Target 2: Opposite value area boundary
**Filters:**
- Avoid signals during major news events
- Require bar delta strength >65% for aggressive entries
- Wait for delta MA cross confirmation in ranging markets
---
## 🚨 Alerts Available
- Long Setup Trigger
- Short Setup Trigger
- Bullish/Bearish Divergence Detection
- Large Buy/Sell Order Execution
---
## 📚 Educational Context
This methodology is based on principles used by professional order flow traders:
- **Market Profile Theory**: Volume distribution reveals fair value
- **Tape Reading**: Large orders show institutional intent
- **Auction Theory**: Price seeks areas of liquidity imbalance (LVN zones)
The script automates pattern recognition that discretionary traders spend years learning to identify manually.
---
## ⚠️ Disclaimer
This indicator is a **trading tool, not a trading system**. It identifies high-probability setups based on order flow analysis but requires proper risk management, market context, and trader discretion. Past performance does not guarantee future results.
---
**Version**: 6 (Pine Script)
**Type**: Overlay + Separate Pane (Delta Panel)
**Resource Usage**: Moderate (500 bars history, 500 lines/boxes)
---
*For questions or support, please comment below. If you find this script valuable, please boost and favorite!* 🚀
Support & Resitance LinesIntroduction:
Support & Resistance levels are time consuming to mark on charts. They also must be maintained. If the user has multiple charts they analyze, this adds to the workload. This indicator attempts to automate that work flow for the user.
Description:
Psychological Support and Resistances
are marked with a horizontal ray and labeled.
Levels marked include the 1 Month, 1 Week, and the Daily.
If a candle closes on the marked levels, the horizontal ray marking that level will disappear.
Volume Based Support and Resistances [/i
With the fixed range volume profile tool, marked levels include the point of control(POC) and the Value Areas (VA). This includes both the Value Area Low (VAL) and the Value Area High (VAH). Levels marked include the 1 Year, 6 Month, and the 1 Month fixed range volume profile.
If a candle closes on the marked levels, the horizontal ray marking that level will disappear.
How to use:
1) Turn on indicator and make sure you are on the 1D time frame.
2) Find areas of high confluence and mark with rectangular box.
3) Once all areas are marked, turn off indicator to save CPU time.
4) It is now ready to use and you can scan the chart using multiple time frames.
Useful Tips:
1) Use this tool to see if these levels marked are respected in forward testing.
2) You can turn off labels and color code horizontal rays to make tool run more efficiently for the CPU.
3) Use RSI, MACD, Wave Trend with Crosses , or any other oscillator to identify divergences once price hits support & resistance. Observe if price reacts.
4) Confluence is key, the higher the confluence, the better.
Market Profile Dominance Analyzer# Market Profile Dominance Analyzer
## 📊 OVERVIEW
**Market Profile Dominance Analyzer** is an advanced multi-factor indicator that combines Market Profile methodology with composite dominance scoring to identify buyer and seller strength across higher timeframes. Unlike traditional volume profile indicators that only show volume distribution, or simple buyer/seller indicators that only compare candle colors, this script integrates six distinct analytical components into a unified dominance measurement system.
This indicator helps traders understand **WHO controls the market** by analyzing price position relative to Market Profile key levels (POC, Value Area) combined with volume distribution, momentum, and trend characteristics.
## 🎯 WHAT MAKES THIS ORIGINAL
### **Hybrid Analytical Approach**
This indicator uniquely combines two separate methodologies that are typically analyzed independently:
1. **Market Profile Analysis** - Calculates Point of Control (POC) and Value Area (VA) using volume distribution across price channels on higher timeframes
2. **Multi-Factor Dominance Scoring** - Weights six independent factors to produce a composite dominance index
### **Six-Factor Composite Analysis**
The dominance score integrates:
- Price position relative to POC (equilibrium assessment)
- Price position relative to Value Area boundaries (acceptance/rejection zones)
- Volume imbalance within Value Area (institutional bias detection)
- Price momentum (directional strength)
- Volume trend comparison (participation analysis)
- Normalized Value Area position (precise location within fair value zone)
### **Adaptive Higher Timeframe Integration**
The script features an intelligent auto-selection system that automatically chooses appropriate higher timeframes based on the current chart period, ensuring optimal Market Profile structure regardless of the trading timeframe being analyzed.
## 💡 HOW IT WORKS
### **Market Profile Construction**
The indicator builds a Market Profile structure on a higher timeframe by:
1. **Session Identification** - Detects new higher timeframe sessions using `request.security()` to ensure accurate period boundaries
2. **Data Accumulation** - Stores high, low, and volume data for all bars within the current higher timeframe session
3. **Channel Distribution** - Divides the session's price range into configurable channels (default: 20 rows)
4. **Volume Mapping** - Distributes each bar's volume proportionally across all price channels it touched
### **Key Level Calculation**
**Point of Control (POC)**
- Identifies the price channel with the highest accumulated volume
- Represents the price level where the most trading activity occurred
- Serves as a magnetic level where price often returns
**Value Area (VA)**
- Starts at POC and expands both upward and downward
- Includes channels until reaching the specified percentage of total volume (default: 70%)
- Expansion algorithm compares adjacent volumes and prioritizes the direction with higher activity
- Defines the "fair value" zone where most market participants agreed to trade
### **Dominance Score Formula**
```
Dominance Score = (price_vs_poc × 10) +
(price_vs_va × 5) +
(volume_imbalance × 0.5) +
(price_momentum × 100) +
(volume_trend × 5) +
(va_position × 15)
```
**Component Breakdown:**
- **price_vs_poc**: +1 if above POC, -1 if below (shows which side of equilibrium)
- **price_vs_va**: +2 if above VAH, -2 if below VAL, 0 if inside VA
- **volume_imbalance**: Percentage difference between upper and lower VA volumes
- **price_momentum**: 5-period SMA of price change (directional acceleration)
- **volume_trend**: Compares 5-period vs 20-period volume averages
- **va_position**: Normalized position within Value Area (-1 to +1)
The composite score is then smoothed using EMA with configurable sensitivity to reduce noise while maintaining responsiveness.
### **Market State Determination**
- **BUYERS Dominant**: Smooth dominance > +10 (bullish control)
- **SELLERS Dominant**: Smooth dominance < -10 (bearish control)
- **NEUTRAL**: Between -10 and +10 (balanced market)
## 📈 HOW TO USE THIS INDICATOR
### **Trend Identification**
- **Green background** indicates buyers are in control - look for long opportunities
- **Red background** indicates sellers are in control - look for short opportunities
- **Gray background** indicates neutral market - consider range-bound strategies
### **Signal Interpretation**
**Buy Signals** (green triangle) appear when:
- Dominance crosses above -10 from oversold conditions
- Previous state was not already bullish
- Suggests shift from seller to buyer control
**Sell Signals** (red triangle) appear when:
- Dominance crosses below +10 from overbought conditions
- Previous state was not already bearish
- Suggests shift from buyer to seller control
### **Value Area Context**
Monitor the information table (top-right) to understand market structure:
- **Price vs POC**: Shows if trading above/below equilibrium
- **Volume Imbalance**: Positive values favor buyers, negative favors sellers
- **Market State**: Current dominant force (BUYERS/SELLERS/NEUTRAL)
### **Multi-Timeframe Strategy**
The auto-timeframe feature analyzes higher timeframe structure:
- On 1-minute charts → analyzes 2-hour structure
- On 5-minute charts → analyzes Daily structure
- On 15-minute charts → analyzes Weekly structure
- On Daily charts → analyzes Yearly structure
This higher timeframe context helps avoid counter-trend trades against the dominant force.
### **Confluence Trading**
Strongest signals occur when multiple factors align:
1. Price above VAH + positive volume imbalance + buyers dominant = Strong bullish setup
2. Price below VAL + negative volume imbalance + sellers dominant = Strong bearish setup
3. Price at POC + neutral state = Potential breakout/breakdown pivot
## ⚙️ INPUT PARAMETERS
- **Higher Time Frame**: Select specific HTF or use 'Auto' for intelligent selection
- **Value Area %**: Percentage of volume contained in VA (default: 70%)
- **Show Buy/Sell Signals**: Toggle signal triangles visibility
- **Show Dominance Histogram**: Toggle histogram display
- **Signal Sensitivity**: EMA period for dominance smoothing (1-20, default: 5)
- **Number of Channels**: Market Profile resolution (10-50, default: 20)
- **Color Settings**: Customize buyer, seller, and neutral colors
## 🎨 VISUAL ELEMENTS
- **Histogram**: Shows smoothed dominance score (green = buyers, red = sellers)
- **Zero Line**: Neutral equilibrium reference
- **Overbought/Oversold Lines**: ±50 levels marking extreme dominance
- **Background Color**: Highlights current market state
- **Information Table**: Displays key metrics (state, dominance, POC relationship, volume imbalance, timeframe, bars in session, total volume)
- **Signal Shapes**: Triangle markers for buy/sell signals
## 🔔 ALERTS
The indicator includes three alert conditions:
1. **Buyers Dominate** - Fires on buy signal crossovers
2. **Sellers Dominate** - Fires on sell signal crossovers
3. **Dominance Shift** - Fires when dominance crosses zero line
## 📊 BEST PRACTICES
### **Timeframe Selection**
- **Scalping (1-5min)**: Focus on 2H-4H dominance shifts
- **Day Trading (15-60min)**: Monitor Daily and Weekly structure
- **Swing Trading (4H-Daily)**: Track Weekly and Monthly dominance
### **Confirmation Strategies**
1. **Trend Following**: Enter in direction of dominance above/below ±20
2. **Reversal Trading**: Fade extreme readings beyond ±50 when diverging with price
3. **Breakout Trading**: Look for dominance expansion beyond ±30 with increasing volume
### **Risk Management**
- Avoid trading during NEUTRAL states (dominance between -10 and +10)
- Use POC levels as logical stop-loss placement
- Consider VAH/VAL as profit targets for mean reversion
## ⚠️ LIMITATIONS & WARNINGS
**Data Requirements**
- Requires sufficient historical data on current chart (minimum 100 bars recommended)
- Lower timeframes may show fewer bars per HTF session initially
- More accurate results after several complete HTF sessions have formed
**Not a Standalone System**
- This indicator analyzes market structure and participant control
- Should be combined with price action, support/resistance, and risk management
- Does not guarantee profitable trades - past dominance does not predict future results
**Repainting Characteristics**
- Higher timeframe levels (POC, VAH, VAL) update as new bars form within the session
- Dominance score recalculates with each new bar
- Historical signals remain fixed, but current session data is developing
**Volume Limitations**
- Uses exchange-provided volume data which varies by instrument type
- Forex and some CFDs use tick volume (not actual transaction volume)
- Most accurate on instruments with reliable volume data (stocks, futures, crypto)
## 🔍 TECHNICAL NOTES
**Performance Optimization**
- Uses `max_bars_back=5000` for extended historical analysis
- Efficient array management prevents memory issues
- Automatic cleanup of session data on new period
**Calculation Method**
- Market Profile uses actual volume distribution, not TPO (Time Price Opportunity)
- Value Area expansion follows traditional Market Profile auction theory
- All calculations occur on the chart's current symbol and timeframe
## 📚 EDUCATIONAL VALUE
This indicator helps traders understand:
- How institutional traders use Market Profile to identify fair value
- The relationship between price, volume, and market acceptance
- Multi-factor analysis techniques for assessing market conditions
- The importance of higher timeframe structure in trade planning
## 🎓 RECOMMENDED READING
To better understand the concepts behind this indicator:
- "Mind Over Markets" by James Dalton (Market Profile foundations)
- "Markets in Profile" by James Dalton (Value Area analysis)
- Volume Profile analysis in institutional trading
## 💬 USAGE TERMS
This indicator is provided as an educational and analytical tool. It does not constitute financial advice, investment recommendations, or trading signals. Users are responsible for their own trading decisions and should conduct their own research and due diligence.
Trading involves substantial risk of loss. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose.
IDKFAIDKFA - Advanced Order Blocks & Volume Profile with Market Structure Analysis
Why IDKFA?
Named after the legendary DOOM cheat code that gives players "all weapons and full ammo," IDKFA provides traders with a comprehensive arsenal of market analysis tools. Just as the cheat code arms players with everything needed for combat, this indicator equips traders with essential market structure tools: Order Blocks, Volume Profile, LVN/HVN areas, Fibonacci retracements, and intelligent buy/sell signals - all in one unified system.
Core Features
Order Blocks Detection
Automatically identifies institutional order blocks using pivot high/low analysis
Extends blocks dynamically until price interaction occurs
Bullish blocks (demand zones) and bearish blocks (supply zones)
Customizable opacity and extend functionality
Advanced Volume Profile
Real-time volume profile calculation for multiple session types
Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL)
Mode 1: Side-by-side bull/bear volume display
Mode 2: Overlapped volume display with percentage analysis
Shows buying vs selling pressure at each price level
LVN/HVN Area Detection
Low Volume Nodes (LVN): Areas below VAL where price moves quickly
High Volume Nodes (HVN): Areas above VAH with strong resistance
NPOC (Naked Point of Control): Single print areas within Value Area
Volume-based gradient coloring shows relative activity levels
Smart Fibonacci Retracements
Auto-detects trend direction for proper fibonacci orientation
Dynamic color coding: Red levels in uptrends, Gold in downtrends
Special 88.6% level turns lime green in downtrends
Key levels: 23.6%, 38.2%, 50%, 61.8%, 65%, 78.6%, 88.6%
Intelligent Signal System
Works best on higher timeframes
Identifies high-probability reversal setups at key levels
Buy signals: Large bearish rejection followed by bullish reclaim
Sell signals: Large bullish rejection followed by bearish breakdown
Signals only trigger near significant support/resistance areas
Signal Analysis & Usage Guidelines
Buy Signal Mechanics
The buy signal triggers when:
Previous candle shows significant bearish movement (minimum ATR multiplier)
Current candle reclaims a configurable percentage of the previous candle's range
Price is near a key support level (order blocks, fibonacci, volume levels)
Sell Signal Mechanics
The sell signal triggers when:
Previous candle shows significant bullish movement (minimum ATR multiplier)
Current candle rejects below a configurable percentage of the previous candle's range
Price is near a key resistance level (order blocks, fibonacci, volume levels)
When to TAKE Signals
High Probability Buy Signals:
Signal appears AT or BELOW the VAL (Value Area Low)
Signal occurs at bullish order block confluence
Price is in LVN area below VAL (momentum acceleration zone)
Signal aligns with fibonacci 61.8% or 78.6% support
Multiple session POC levels provide support confluence
Previous session's VAL acting as current support
High Probability Sell Signals:
Signal appears AT or ABOVE the VAH (Value Area High)
Signal occurs at bearish order block confluence
Price is in HVN area above VAH (heavy resistance zone)
Signal aligns with fibonacci 61.8% or 78.6% resistance
Multiple session POC levels provide resistance confluence
Previous session's VAH acting as current resistance
When to AVOID Signals
Avoid Buy Signals When:
Signal appears ABOVE the VAH (buying into resistance)
Price is in HVN red zones (high volume resistance areas)
No clear support structure below current price
Volume profile shows heavy selling pressure (high bear percentages)
Signal occurs during low-volume periods between major sessions
Multiple bearish order blocks exist below current price
Avoid Sell Signals When:
Signal appears BELOW the VAL (selling into support)
Price is in LVN green zones (momentum could continue)
No clear resistance structure above current price
Volume profile shows heavy buying pressure (high bull percentages)
Signal occurs during Asian session ranges without clear direction
Multiple bullish order blocks exist above current price
Volume Profile Context for Signals
Understanding Bull/Bear Percentages:
70%+ Bull dominance at a level = Strong support expected
70%+ Bear dominance at a level = Strong resistance expected
50/50 Split = Neutral zone, less predictable
Use percentages to gauge conviction behind moves
POC (Point of Control) Interactions:
Signals above POC in uptrend = Higher probability
Signals below POC in downtrend = Higher probability
Signals against POC bias require extra confirmation
POC often acts as magnetic level for price return
Trading Strategies
Strategy 1: VAL/VAH Bounce Strategy
Wait for price to approach VAL (support) or VAH (resistance)
Look for signal confirmation at these critical levels
Enter with tight stops beyond the Value Area
Target opposite boundary or next session's levels
Strategy 2: Order Block + Volume Confluence
Identify order block alignment with VAL/VAH
Wait for signal within the confluence zone
Enter on signal with stop beyond order block
Use LVN areas as acceleration zones for targets
Strategy 3: LVN/HVN Strategy
LVN (Green) Areas: "Go Zones" - expect quick price movement through low volume
HVN (Red) Areas: "Stop Zones" - expect resistance and potential reversals
NPOC Areas: "Fill Zones" - price often returns to fill single print gaps
Strategy 4: Multi-Session Analysis
Use Daily/Weekly for major structure context
Use 4H for intermediate levels
Use 1H for precise entry timing
Ensure all timeframes align before taking signals
Strategy 5: Fibonacci + Volume Profile
Buy signals at 61.8% or 78.6% fibonacci near VAL
Sell signals at 61.8% or 78.6% fibonacci near VAH
Use 88.6% level as final support/resistance before major moves
50% level often aligns with POC for confluence
Signal Quality Assessment
Grade A Signals (Highest Probability):
Signal at VAL/VAH with order block confluence
Fibonacci level alignment (61.8%, 78.6%)
Volume profile shows 70%+ dominance in signal direction
Multiple timeframe structure alignment
Signal occurs during high-volume sessions (London/NY)
Grade B Signals (Moderate Probability):
Signal near POC with some confluence
Fibonacci 50% or 38.2% alignment
Mixed volume profile readings (50-70% dominance)
Some timeframe alignment present
Signal during overlap sessions
Grade C Signals (Lower Probability):
Signal with minimal confluence
Weak fibonacci alignment or none
Volume profile neutral or against signal
Conflicting timeframe signals
Signal during low-volume periods
Risk Management Guidelines
Position Sizing Based on Signal Quality:
Grade A: Standard position size
Grade B: Reduced position size (50-75%)
Grade C: Minimal position size (25%) or skip entirely
Stop Loss Placement:
Beyond order block boundaries
Outside Value Area (VAL/VAH)
Below/above fibonacci confluence levels
Account for session volatility ranges
Profit Targets:
First target: Opposite VAL/VAH boundary
Second target: Next session's key levels
Final target: Major order blocks or fibonacci extensions
Credits & Attribution
Original components derived from:
Market Sessions & Volume Profile by © Leviathan (Mozilla Public License 2.0)
Volume Profile elements inspired by @LonesomeTheBlue's volume profile script
Pivot Order Blocks by TradingWolf / © MensaTrader (Mozilla Public License 2.0)
Auto Fibonacci Retracement code (public domain)
Significant enhancements and modifications include:
Advanced LVN/HVN detection and visualization
Bull/Bear percentage analysis for Mode 2/3
Comprehensive alert system with market context
Integrated buy/sell signals at key levels
Performance optimizations and extended session support
Enhanced Mode 2/3 with percentage pressure analysis
Important Disclaimers
This indicator is a technical analysis tool designed for educational purposes. It does not provide financial advice, investment recommendations, or trading signals that guarantee profits. All trading involves substantial risk of loss, and past performance does not guarantee future results. Users should conduct their own research, understand the risks involved, and consider consulting with qualified financial advisors before making trading decisions. The signals and analysis provided are based on historical price patterns and volume data, which may not predict future market movements accurately.
Best Practices
Never trade signals blindly - always consider volume profile context
Wait for confluence between multiple tools before entering
Respect the Value Area - avoid buying above VAH or selling below VAL
Use session context - Asian ranges vs London/NY breakouts
Practice proper risk management - position size based on signal quality
Understand the bigger picture - use multiple timeframes for context
Remember: Like the IDKFA cheat code, having all the tools doesn't guarantee success. The key is learning to use them together effectively and understanding when NOT to take a signal is often more important than knowing when to take one.
Liquidity Levels/Voids (VP) [LuxAlgo]The Liquidity Levels/Voids (VP) is a script designed to detect liquidity voids & levels by measuring traded volume at all price levels on the market between two swing points and highlighting the distribution of the liquidity voids & levels at specific price levels.
🔶 USAGE
Liquidity is a fundamental market force that shapes the trajectory of assets.
The creation of a liquidity level comes as a result of an initial imbalance of supply/demand, which forms what we know as a swing high or swing low. As more players take positions in the market, these are levels that market participants will use as a historical reference to place their stops. When the levels are then re-tested, a decision will be made. The binary outcome here can be a breakout of the level or a reversal back to the mean.
Liquidity voids are sudden price changes that occur in the market when the price jumps from one level to another with little trading activity (low volume), creating an imbalance in price. The price tends to fill or retest the liquidity voids area, and traders understand at which price level institutional players have been active.
Liquidity voids are a valuable concept in trading, as they provide insights about where many orders were injected, creating this inefficiency in the market. The price tends to restore the balance.
🔶 SETTINGS
The script takes into account user-defined parameters and detects the liquidity voids based on them, where detailed usage for each user-defined input parameter in indicator settings is provided with the related input's tooltip.
🔹 Liquidity Levels / Voids
Liquidity Levels/Voids: Color customization option for Unfilled Liquidity Levels/Voids.
Detection Length: Lookback period used for the calculation of Swing Levels.
Threshold %: Threshold used for the calculation of the Liquidity Levels & Voids.
Sensitivity: Adjusts the number of levels between two swing points, as a result, the height of a level is determined, and then based on the above-given threshold the level is checked if it matches the liquidity level/void conditions.
Filled Liquidity Levels/Voids: Toggles the visibility of the Filled Liquidity Levels/Voids and color customization option for Filled Liquidity Levels/Voids.
🔹 Other Features
Swing Highs/Lows: Toggles the visibility of the Swing Levels, where tooltips present statistical information, such as price, price change, and cumulative volume between the two swing levels detected based on the detection length specified above, Coloring options to customize swing low and swing high label colors, and Size option to adjust the size of the labels.
🔹 Display Options
Mode: Controls the lookback length of detection and visualization.
# Bars: Lookback length customization, in case Mode is set to Present.
🔶 RELATED SCRIPTS
Liquidity-Voids-FVG
Buyside-Sellside-Liquidity
Swing-Volume-Profiles
All-In-One Trading Toolkit [wjdtks255]Title: All-In-One Trading Toolkit
Description: This professional toolkit integrates 5 essential indicators into one seamless interface to enhance your market analysis. It provides a comprehensive view of trend, momentum, and volatility.
Features:
Bollinger Bands: Tracks price volatility and potential reversal zones.
Ichimoku Cloud: Visualizes long-term trend support and resistance.
RSI Dashboard: Real-time momentum monitoring in the top-right corner.
MACD Signals: Direct Buy/Sell shape indicators on the chart for instant decision making.
Volume Profile: Identifies key price levels with high trading activity.
Strategy:
Entry: Follow the MACD crossover signals (Green/Red triangles) when they align with the Ichimoku Cloud direction.
ZenAlgo - ControlZenAlgo - Control plots volume profile reference levels for several higher time windows and keeps those levels visible on the chart with labels and optional alerts. It is designed to work on intraday charts and uses the symbol's traded volume to estimate where the most activity occurred within each period.
Inputs and session alignment
Session start offset (hours) shifts the time used to decide when a new week, month, quarter, semi annual period, or year begins. This is useful when you want the period boundary to align with a specific exchange session, or when you want weekly boundaries to start at a different hour than the default.
Profile levels controls how finely the script bins price into equally sized price slices between the current period's high and low. More levels means a finer histogram (more detail, more computation).
Max rebuild bars limits how far back the script will look when it must rebuild the entire histogram (explained below).
Value Area % sets how much of the total estimated volume the value area should contain (default 0.68).
Label offsets control how far to the right the labels and lines extend, so the levels are readable without covering current candles.
Period availability and timeframe gating
The indicator conditionally runs each period engine depending on the chart timeframe to avoid heavy calculations where it is not intended.
Weekly is available on intraday timeframes below 1D (for example 1m to 4h).
Monthly is available on intraday timeframes at or above 15m.
Quarterly, Semi Annual, and Yearly are available on intraday timeframes at or above 1h.
The script disables these engines on D, W, M chart timeframes as described in the input tooltips and gating logic.
This matters because the calculation builds a histogram from bar ranges and volumes, which becomes expensive on very low timeframes over very long history.
Core idea - building a volume by price histogram from candles
For each enabled period (weekly, monthly, quarterly, semi annual, yearly), the script maintains:
The running high and low of the current period
A fixed number of price bins spanning that high to low range
An array holding estimated volume per price bin
For every new bar inside the current period, the script distributes that bar's volume into the bins that overlap the candle's low to high range. The distribution is weighted by how much of the candle's range overlaps each bin, so a candle that spans many bins contributes proportionally rather than assigning all volume to a single price.
Why this works conceptually:
Volume profile levels aim to identify prices where the market accepted a lot of trading (high participation).
Distributing volume across the candle's traded range is a practical approximation on platforms where true tick by tick volume at price is not available to Pine in a universal way.
Aggregating many bars over a full period produces a stable histogram where high volume areas stand out compared to low volume areas.
POC and Value Area calculation
Point of Control (POC)
Within a period, the script finds the price bin with the highest accumulated volume and uses the center of that bin as the period's POC level. This is the single price level where the histogram peaks.
Value Area High and Low (VAH, VAL)
After the POC is known, the script expands outward from the POC bin, adding neighboring bins until the cumulative included volume reaches the configured Value Area percentage of the total. It expands by comparing the volume just above and just below, including the larger side first so the chosen area reflects where volume clustered. The resulting upper and lower included bin centers become VAH and VAL.
Interpretation:
POC is a single most traded price area proxy for the period.
VAH and VAL bound the price region that contains the chosen fraction of the period's estimated volume.
When price is inside VA, it is within the range where most period volume occurred. When price is outside VA, it is in the lower participation tails relative to that period's distribution.
Incremental update vs rebuild logic
The histogram depends on the current period's high and low because those define the bin boundaries. When a new bar makes a new high or new low for the period, the bin boundaries would change. If you kept the old histogram, the bins would no longer correspond to the correct price slices.
To handle this, the script uses two modes:
Incremental update when the period high and low do not change on the new bar. It simply adds the new bar's weighted volume into the existing bins and recalculates the POC from the updated histogram.
Rebuild when the period makes a new high or new low. It clears the histogram and reconstructs it by iterating back over bars in the current period (up to Max rebuild bars), re distributing each bar's volume into the newly defined bins.
This approach keeps levels consistent with the current period range, at the cost of occasional heavier computation when the range expands.
Current period dPOC and previous period levels
The indicator draws two categories of levels per period.
Current period dPOC (running)
For each enabled period, the script plots a dotted line at the current period's running POC and labels it as dPOC (dynamic POC). It is dynamic because it changes while the period is still forming as new volume comes in and as the period range expands.
Previous period fixed levels
When a period rolls over (for example, a new week starts), the script stores the finished period's final POC, VAH, and VAL as previous levels. It then draws those previous levels across the current chart with solid (POC) and user selected styles (VAH, VAL), plus labels. These previous levels remain fixed until the next rollover of that period.
Why both exist:
The running dPOC reflects where trading is concentrating in the current unfinished period.
The previous period POC and VA levels provide stable references derived from a completed distribution, which does not change retroactively.
Visual plotting details
Each period has separate color settings for POC and dPOC, plus optional VAH and VAL with configurable line width and line style (solid, dashed, dotted).
Labels print the formatted level value using the symbol's minimum tick formatting, and for very large numbers the label shortens the text with K, M, B, T suffixes to keep labels readable.
Lines and labels are positioned to the right of price using the configured bar offsets. The script includes a safety limit on how far back the left anchor can be placed to avoid platform constraints when loading long history.
Alerts - touch and cross logic
Alerts are optional and can be configured per period and per level category.
You can enable:
TOUCH : triggers when the candle's low is at or below the level and the high is at or above the level (the bar range includes the level).
CROSS : triggers when the close crosses the level.
HIT is defined as TOUCH or CROSS.
You can choose to alert on:
Current running dPOC levels
Previous period POC and, if enabled, previous period VAH and VAL
Weekly, Monthly, Quarterly, Semi Annual, Yearly independently
How to interpret the plotted values
dPOC (W, M, Q, S, Y) : the current period's running POC estimate. It can move during the period and can shift more noticeably when the period range expands and a rebuild occurs.
POC (W, M, Q, S, Y) : the previous completed period's POC. This is fixed for the duration of the next period.
VAH / VAL (W, M, Q, S, Y) : the previous completed period's value area boundaries for the configured value area percentage.
A practical reading:
Previous POC and VA can be used as higher timeframe reference levels on lower timeframe charts because they summarize where volume concentrated over larger windows.
The current dPOC helps track where volume is concentrating inside the currently forming period.
Best use and workflow
Common ways to use these levels as references:
Use previous period POC and VA as context zones, then make lower timeframe decisions with your existing execution tools.
Treat dPOC as a live read of where the current period is building acceptance, and compare it to the fixed prior levels.
Use alerts to reduce screen time by being notified when price interacts with selected levels (touch or close cross).
Settings guidance:
Higher Profile levels increases detail but can be heavier on performance, especially when rebuilds occur.
If you need lighter computation on very active charts, reduce Profile levels or reduce Max rebuild bars.
If you want period boundaries to align with a specific session, adjust Session start offset.
Added value compared to free alternatives
This script focuses on a specific combination that is not always available together in simpler public indicators:
Simultaneous tracking of multiple higher time windows (weekly, monthly, quarterly, semi annual, yearly) with independent enable toggles and styling.
Side by side display of current running dPOC and previous completed period levels for each enabled window.
A candle range weighted volume distribution into bins, rather than assigning the entire bar volume to a single price proxy.
Built in alert conditions for touch and close cross across all supported windows and level types, so level interaction can be monitored without manual checking.
Label formatting that respects the symbol's tick size and shortens very large values for readability on indices and aggregates.
All supported periods are calculated using the same volume distribution model, the same binning logic, and the same rebuild rules. This ensures that weekly, monthly, quarterly, semi annual, and yearly levels are directly comparable to each other, unlike combining multiple separate indicators that may use different assumptions, aggregation methods, or update behavior. Using a single engine also enables consistent alert definitions and synchronized updates across all periods.
Disclaimers and where it can fall short
The volume at price distribution is an approximation derived from candle ranges and bar volume. It is not a true tick level volume profile, and results can differ from exchange native volume at price data.
On symbols where the reported volume is limited, synthetic, or not representative (some indices, some CFDs, some venues), the histogram is based on the volume series TradingView provides for that symbol, which may affect the usefulness of volume derived levels.
The current dPOC can change within the period and can jump when the period makes a new high or low, because a rebuild recalculates the histogram using the updated range.
Performance depends on timeframe, history loaded, Profile levels, and how often the period range expands. If you see slowness, reduce Profile levels or Max rebuild bars, or disable some periods.
This indicator plots reference levels only. It does not determine entries, exits, position sizing, or risk limits.
SVP + candle + Max volume [midst]
SVP + DALY CANDLE + MAX VOLUME
A comprehensive trading indicator that combines Session Volume Profile (SVP), Higher Timeframe (HTF) Candles, and Intrabar Max Volume Price Detection into one powerful tool. Perfect for traders who want to understand price action, volume distribution, and key levels all in one place.
KEY FEATURES
Session Volume Profile
• Real-time volume distribution across price levels for the current session
• Point of Control (POC) - identifies the price with the highest traded volume
• Value Area High (VAH) & Low (VAL) - shows where 70% of the volume occurred (customizable percentage)
• Color-coded volume bars - distinguish between up volume (bullish) and down volume (bearish)
• Value area highlighting - clearly see the most important price zones
Higher Timeframe Candle Display
• Visual daily (or custom timeframe) candle overlaid on your current chart
• OHLC labels - see Open, High, Low, and Close prices clearly marked
• Fully customizable colors - separate colors for bullish/bearish bodies, borders, and wicks
• Adjustable positioning - move the candle and labels to your preferred location
Max Volume Price Detection
• Identifies the exact price level with maximum volume within each bar
• Uses Lower Timeframe (LTF) data for precise volume analysis (Premium+ required)
• Simple mode fallback - works on all TradingView plans
• Previous max volume marker - displays previous bar's max volume as a reference dot
• Real-time calculation - updates as each bar forms
ATR Table
• Dynamic ATR-based stop levels - automatically calculates potential stop-loss levels
• Multiple smoothing methods - RMA, SMA, EMA, WMA
• Customizable multiplier - adjust for your risk tolerance
• Clean table display - shows ATR value, high stop, and low stop
PERFECT FOR
Day traders analyzing intrabar volume distribution
Swing traders wanting HTF context on lower timeframes
Volume profile traders looking for key support/resistance levels
Price action traders seeking high-probability entry zones
HOW TO USE
Volume Profile Analysis
POC often acts as a magnet for price. VAH/VAL are key support/resistance levels. High volume nodes indicate strong price acceptance, while low volume nodes suggest potential breakout zones.
HTF Candle Context
See daily range while trading on 5m-1h charts. Daily open often acts as pivot point. Daily high/low are key levels to watch.
Max Volume Price
Black line shows where most volume traded in each bar. Previous max volume (dot) helps identify institutional activity. Clusters of max volume create strong support/resistance. Can possibly indicate a Wick bounce
ATR Stops
Use ATR-based levels for logical stop placement. Adjust multiplier based on market volatility.
SETTINGS & CUSTOMIZATION
Positioning
Control the global offset to move both candle and profile together. Fine-tune with individual offsets for candle and profile spacing.
Volume Profile
Adjustable number of rows (50-500) for granular or simplified view. Customizable width and placement (left/right). Value Area percentage control. Full color customization for all volume components.
HTF Candle
Any timeframe selection (default: Daily). Full color customization for bull/bear candles. Adjustable candle width. Toggle OHLC labels on/off. Control label distance and line widths.
Max Volume Price
Choose between Simple (all plans) or LTF mode (Premium+). Auto or manual LTF resolution. Custom color and line width. Toggle current and previous markers independently.
TECHNICAL NOTES
Maximum 5000 bars lookback for volume calculations
Works on all timeframes
LTF max volume requires TradingView Premium or higher
Optimized for performance with efficient array operations
For best results, use on liquid instruments with reliable volume data
Most effective on intraday charts (5min-1hour) for day trading and scalping strategies
For Entertainment and information only
Created by midst
Liquidity Analysis🙏🏻 Liquidity Analysis is 1 of 2 structural layer / orderflow layer analysis scripts. Both are independent so can’t be released together as a single script, but should be used together. The second one which is called (Signed) Volume Analysis is incoming.
The same math used in this script can be applied on other types of profile-like data: orderbooks, trading volumes of all options for each strike.
Important: market or volume profile, just as orderbooks and options traded volume by strikes, are all liquidity ‘estimates’, showing where liquidity is more likely or less likely to be. These estimates however, especially combined with other info, are really useful and reliable.
This script works with inferred volumes vs the provided one. It's the better choice for equities, bonds; neutral choice for currencies; and suboptimal choice for natural & artificial commodities.
Contents:
Output description;
How to analyze & use the outputs;
How to use it together with upcoming (Signed) Volume Analysis script;
How did I use both scripts to finish The Leap profitably and skipped many losses.
1. Output description
Color of the profile reflects the liquidity imbalance state: red is negative, purple is neutral, blue is positive.
Bar coloring represents history values of liquidity imbalance for backtesting purposes. It can be turned on/off in the script's Style settings.
Two purple vertical lines represent calculated borders of excessive liquidity (HVN), scarce liquidity (LVN), and sufficient liquidity (NVN) zones.
Vertical dash line marks the moving window end, this way you can be certain over what exact data you see the profile was built.
2. How to analyze & use the outputs
Setup up the script:
Moving window length: set it to ~ ¼ of your data analysis window. E.g if you see on your charts and use ~ 256 bars, set the length to 64.
Native tick size multiplier: leave it at 0 to calculate optimal number of rows automatically, or set it manually to match native tick size multiples you desire.
Use 2 timeframes: main one and a far lower one 3 steps down, just like on the screenshot.
Native lot size multiplier allows to round profile rows themselves to nearest multiples of native lot size. I added this just in case any1 needs it.
Find out current liquidity imbalance state:
As mentioned before, based on profile color, it can be negative, neutral or positive. This is the state variable that changes slowly and denies/confirms the signals that would be explained in the minute.
I use my own statistically grounded imbalance metric (no hardcoded/learned thresholds), that unlike mainstream imbalance metrics (e.g orderbook imbalance as sum of bids vs sum of asks) provides a natural neutral zone, when liquidity imbalance is ofc there but not strong enough to be considered.
…
Profile-based signals: look at profile shape vs 2 vertical purple lines.
where profile rows exceed the left purple line, these prices are considered HVN. Too much potential liquidity is there.
where profile rows don’t exceed the right purple line, these prices are considered LVN. Potential thin/lack of liquidity is expected there.
where profile rows are in between these 2 purple lines, these are NVN, or neutral liquidity zones.
Trading ruleset itself is based on couple of simple rules:
Only! Use limit orders hence provide liquidity in LVNs and Only! use stop-market orders hence consume liquidity in HVNs;
These orders should be put in advance ‘only’. This is how you discover the direction or orders: you can only put sell limit orders above you and buy limit orders below you, and you can only put buy stop orders above you, and sell stop orders below you.
This is really it. It may look weird, but once you just try to follow these 2 rules letter by letter for 1 hour, you’ll see how liquidity trading works.
Now once you know that, just don’t open new trades against the liquidity imbalance state. So don’t open shorts when the profile is blue, and don’t open longs when it’s red.
The last part is multi-timeframe logic. Prefer to act when a lower timeframe is Not against the main timeframe. That’s all, no multiple higher timeframes are needed.
3. How to use it together with upcoming (Signed) Volume Analysis script.
That upcoming script would also have a mean to generate its own signals, and another state variable called volume imbalance.
So now you’re not only looking at liquidity imbalance but also at volume imbalance that would deny/confirm a profile based signal. You need at least one of these to favor your long or short.
This is the same logic widely used in HFT, where MM bots cancel/shift/resize orders when book is too onesided And ordeflow is one sided as well.
4. How did I use both scripts to finish The Leap profitably and skipped many losses.
Even tho you can use structural information as your main strategic layer, as many so-called orderflow traders do, I traded in objective style: my fade signals were volatility based in essence, and I used ordeflow for better entries and stops, but most importantly to skip losses.
When ‘both‘ liquidity imbalance and volume imbalance (in their main timeframes) were against my trades, I skipped them all, saving many ~$500 stop losses (that was my basis risk unit for the Leap). Unless I had a very strong objective signal, i.e confluence of several signals, or just one higher timeframe signal, I did all these skips.
I traded ~ intraweek timeframe, so I was analyzing either the last 230 30min bars or 1380 5min bars. Both Liquidity Analysis and (signed) Volume Analysis scripts were set to moving window length 46 or 276 for either granulary.
I finished the leap with 9% profit and max DD ~ 5%, a bit short of my goal of 12.5%. If not these 2 scripts I would’ve finished a bit above breakeven I think.
∞
able zone# able zone
## 📋 Overview
**able zone** is an advanced Support & Resistance zone detection indicator optimized for **15-minute timeframe trading**. It combines Price Action, Volume Profile, and intelligent zone analysis to identify high-probability trading areas with precise entry and exit points.
## 🎯 Core Features
### 1. **Zone Detection Methods**
- **Auto Detect**: Automatically finds the best zones using combined analysis
- **Price Action**: Based on pivot points and price structure
- **Volume Profile**: Identifies High Volume Nodes (HVN) where most trading occurred
- **Combined**: Uses all methods together for comprehensive analysis
### 2. **Zone Types & Colors**
- 🟢 **Support Zones** (Green): Price tends to bounce up from these areas
- 🔴 **Resistance Zones** (Red): Price tends to reverse down from these areas
- 🟣 **HVN Zones** (Purple): High volume areas from Volume Profile
- **Strong Zones**: Darker colors indicate zones with more touches (higher reliability)
### 3. **Zone Strength Indicators**
- **Labels**: "S3" = Support with 3 touches, "R5" = Resistance with 5 touches
- **Touch Count**: More touches = stronger zone
- **Min Touch Count Setting**: Adjust to filter weak zones (default: 3)
## ⚙️ Settings Guide
### **Zone Detection Settings**
- **Detection Method**: Choose your preferred analysis method
- **Lookback Period** (50-500): How many bars to analyze (default: 200)
- For 15min: 200 bars = ~50 hours of data
- Shorter = Recent zones only
- Longer = Historical zones included
- **Min Touch Count** (2-10): Minimum touches to qualify as a zone (default: 3)
- **Zone Thickness %** (0.1-2.0): How thick the zones appear (default: 0.5)
- Based on ATR for dynamic sizing on 15min chart
### **Zone Colors**
Fully customizable colors for:
- Support Zone (default: Green)
- Resistance Zone (default: Red)
- Strong Support/Resistance (darker shades)
- Volume Profile Zone (default: Purple)
### **Zone Touch Detection**
- **Enable Touch Alerts**: Get notifications when price enters zones
- **Touch Distance %** (0.1-1.0): How close to zone counts as "touch" (default: 0.3%)
- On 15min chart, this gives early warning signals
- **Show Touch Markers**: Visual indicators when price touches zones
- 🔺 = Support touch (potential buy)
- 🔻 = Resistance touch (potential sell)
- 💎 = HVN touch (watch for breakout/rejection)
### **Volume Profile Integration**
- **Show VP Zones**: Display high volume node zones
- **VP Resolution** (20-50): Number of price levels analyzed (default: 30)
- **POC Line** (orange): Point of Control - highest volume price level
- **POC Width**: Line thickness (1-3)
- **Show HVN**: Display High Volume Node zones
- **HVN Threshold** (0.5-0.9): Volume % to qualify as HVN (default: 0.7)
### **Display Options**
- **Zone Labels**: Show S/R labels with touch count
- **Zone Border Lines**: Dotted lines at zone boundaries
- **Extend Zones Right**: Project zones into future
- **Max Visible Zones** (5-50): Maximum number of zones displayed (default: 20)
- Adjust based on chart clarity needs
- **Info Table**: Real-time information dashboard
## 📊 Info Table Explained
The info table (top-right corner) provides real-time zone analysis:
### **Row 1: ZONE Header**
- Shows current timeframe (15m)
- Total active zones
- "able" branding
### **Row 2: 🎯 TOUCH Status**
- **RES**: Currently touching resistance (⚠️ potential reversal down)
- **SUP**: Currently touching support (🚀 potential bounce up)
- **HVN**: Currently in high volume area (⚡ watch for direction)
- **FREE**: Not near any zone (⏳ wait for setup)
- Progress bar shows proximity strength
- Arrows indicate zone type
### **Row 3: 🟢 SUP - Support Zones**
- Number of active support zones below current price
- Progress bar shows relative quantity
- More support = stronger floor
### **Row 4: 🔴 RES - Resistance Zones**
- Number of active resistance zones above current price
- Progress bar shows relative quantity
- More resistance = stronger ceiling
### **Row 5: 🟣 HVN - High Volume Nodes**
- Number of HVN zones (from Volume Profile)
- These are areas where most trading activity occurred
- Often act as magnets for price
### **Row 6: 📍 NEAR - Nearest Zone**
- Shows closest zone type (SUP/RES/HVN)
- Distance in % to nearest zone
- Arrow shows if zone is above or below
### **Row 7: POSITION - Price Position**
- **HIGH**: Price near range top (70%+) - watch for resistance
- **MID**: Price in middle range (30-70%) - neutral zone
- **LOW**: Price near range bottom (<30%) - watch for support
- Shows exact position % in lookback range
### **Row 8: ═ SIGNAL ═**
- **🚀 BUY**: Touching support zone (entry opportunity)
- **⚠️ SELL**: Touching resistance zone (exit/short opportunity)
- **⚡ WATCH**: At HVN (prepare for breakout or rejection)
- **⏳ WAIT**: No clear setup (be patient)
## 🎓 Trading Strategy for 15-Minute Timeframe
### **Basic Setup**
1. Set timeframe to **15 minutes**
2. Use **Auto Detect** or **Combined** method
3. Set **Lookback Period**: 200 bars (~50 hours)
4. Set **Min Touch Count**: 3 (proven zones)
### **Entry Signals**
#### **Long Entry (Buy)**
- Price touches green support zone
- Table shows "🚀 BUY" signal
- Look for bullish candle pattern (hammer, engulfing)
- Volume increases on bounce
- **Best Entry**: Bottom of support zone
- **Stop Loss**: Below support zone (1-2 ATR)
- **Target**: Next resistance zone or 2:1 RR
#### **Short Entry (Sell)**
- Price touches red resistance zone
- Table shows "⚠️ SELL" signal
- Look for bearish candle pattern (shooting star, engulfing)
- Volume increases on rejection
- **Best Entry**: Top of resistance zone
- **Stop Loss**: Above resistance zone (1-2 ATR)
- **Target**: Next support zone or 2:1 RR
#### **HVN Breakout Strategy**
- Price approaches purple HVN zone
- Table shows "⚡ WATCH"
- Wait for breakout with strong volume
- **If breaks up**: Go long, target next resistance
- **If breaks down**: Go short, target next support
### **Zone Strength Rules**
- **S5+ or R5+**: Very strong zones (high probability)
- **S3-S4 or R3-R4**: Reliable zones (good setups)
- **S2 or R2**: Weak zones (use caution)
### **Best Trading Times (15min)**
- **London Open**: 08:00-12:00 GMT (high volume)
- **NY Open**: 13:00-17:00 GMT (high volatility)
- **Overlap**: 13:00-16:00 GMT (best setups)
- **Avoid**: Asian session low volatility periods
### **Risk Management**
- Never risk more than 1-2% per trade
- Use stop loss ALWAYS (place outside zones)
- Take partial profits at 1:1, let rest run to 2:1 or 3:1
- If price consolidates in zone > 3 candles, exit
## ⚠️ Important Notes
### **When Zones Work Best**
✅ Clear trending markets
✅ After significant price movements
✅ At session opens (London/NY)
✅ When multiple zones align
✅ Strong zone with 5+ touches
### **When to Be Cautious**
❌ During major news releases (use economic calendar)
❌ Very low volume periods
❌ Price consolidating inside zone
❌ Weak zones with only 2 touches
❌ Conflicting signals from multiple indicators
### **15-Minute Specific Tips**
- **Lookback 200**: Captures 2-3 trading days of zones
- **Touch Distance 0.3%**: Early signals on 15min moves
- **Max Zones 20**: Keeps chart clean but comprehensive
- **Watch POC**: Often acts as pivot on 15min
- **Volume spike + zone touch** = high probability setup
## 🔧 Recommended Settings for 15min
### **Conservative Trader**
- Detection Method: Combined
- Min Touch Count: 4
- Max Zones: 15
- Touch Distance: 0.2%
### **Aggressive Trader**
- Detection Method: Auto Detect
- Min Touch Count: 2
- Max Zones: 25
- Touch Distance: 0.5%
### **Volume Profile Focused**
- Detection Method: Volume Profile
- Show HVN: Yes
- HVN Threshold: 0.6
- Show POC: Yes
## 📈 Example Trade Scenario (15min)
**Setup**: BTC/USD on 15-minute chart
1. Price approaching green support zone at $42,000
2. Zone label shows "S4" (touched 4 times)
3. Table shows "🚀 BUY" signal
4. Volume increasing on approach
5. Bullish hammer candle forms
**Entry**: $42,050 (bottom of zone)
**Stop Loss**: $41,900 (below zone)
**Target 1**: $42,350 (2:1 RR)
**Target 2**: Next resistance at $42,650
**Result**: Price bounces, hits Target 1 in 3 candles (~45min)
## 💡 Pro Tips
1. **Combine with trend**: Trade in direction of higher timeframe trend
2. **Multiple touches**: Zones with 5+ touches are highest probability
3. **Volume confirmation**: Always check volume on zone touch
4. **POC magnet**: Price often returns to POC line
5. **False breakouts**: If price barely breaks zone and returns = strong signal
6. **Zone-to-zone**: Trade from support to resistance, resistance to support
7. **Time of day**: Best setups occur during peak volume hours
8. **Chart timeframe**: Use 1H to confirm trend, 15min for entry
9. **News avoidance**: Close trades before high-impact news
10. **Zone clusters**: Multiple zones together = strong area
---
**Created by able** | Optimized for 15-minute trading
**Version**: 1.0 | Compatible with TradingView Pine Script v5
For support and updates, enable alerts and monitor the info table in real-time!
DeltaFlow Matrix═════════════════─────────
DELTAFLOW MATRIX - COMPLETE GUIDE
For 1-Minute Scalping
═════════════════─────────
───────────────────────────────────────
📊 VISUAL ELEMENTS EXPLAINED (What You See on the Chart)
───────────────────────────────────────
🟦🟥 RED/GREEN BARS ON THE RIGHT = Delta Flow Direction
The horizontal bars extending right from your chart show WHO controlled the price at each level. Green = bulls won, Red = bears won. Longer bars = more volume traded at that price. Example: If BTC is at $100,000 and you see a massive green bar, that means buyers aggressively absorbed all sell orders at that exact price level.
📊 GRADIENT BACKGROUND (Heat Map) = Volume Intensity
The colored background behind the bars shows volume concentration. Darker/more opaque = heavy trading, lighter/transparent = light trading. Example: A dark background at $99,800 means that's where most traders are positioned - it's a "magnet price" where BTC keeps returning.
🟩 GREEN BOX WITH BORDER = POC (Point of Control)
This is THE most important price on your chart - where the absolute highest volume traded. This is where the majority of traders are stuck. Example: POC at $99,950 means most BTC holders bought/sold there. Price will be magnetically pulled back to test this level repeatedly.
⬜ WHITE DOTTED LINES = VA High and VA Low (Value Area)
These lines contain 70% of all trading volume. Think of them as "fair price boundaries." Example: VA High at $100,200, VA Low at $99,700 means BTC's "fair value range" is $99,700-$100,200. Breakouts above/below these lines are significant moves.
💜 MAGENTA BORDER ON BARS = MICRO-SR (Micro Support/Resistance)
These magenta-outlined bars mark high-frequency support/resistance zones where price repeatedly bounced. These are your scalping zones. Example: MICRO-SR at $99,975 means BTC touched this price multiple times in the last 100 bars - it's a critical battle line for 1-minute scalpers.
🟡 GOLD TEXT "BULL EXHAUST" / "BEAR EXHAUST" = Exhaustion Zones
When one side dominated the volume BUT the trend is dying. This is where the big money got tired. Example: "BULL EXHAUST" at $100,100 means buyers pushed hard but are running out of steam - expect a reversal or consolidation soon.
🔵 CYAN TEXT "FLOW SHIFT ↑" / "FLOW SHIFT ↓" = Institutional Reversal
This is the holy grail - when delta completely flipped from bearish to bullish (or vice versa) with increasing volume. This marks where institutions changed their position. Example: "FLOW SHIFT ↑" at $99,900 means selling pressure just turned into aggressive buying - the big players reversed direction.
🟠 ORANGE TEXT "FAILED SHIFT ↑" / "FAILED SHIFT ↓" = Failed Institutional Reversal
When a FLOW SHIFT appears but then gets rejected by the opposite side within 3-10 bars. This means institutions TRIED to reverse but couldn't - the other side is defending hard. Example: "FAILED SHIFT ↑" at $99,900 means bulls attempted to take control but bears defended and stopped the reversal - this is a bearish sign, price likely continues down.
🟢 GREEN "COILED" LABEL BELOW PRICE = Bullish Compression Setup
When price is compressed below VA Low with 5+ MICRO-SR resistance levels stacked overhead AND bullish momentum is building. This is a spring-loaded long setup - price is coiled under resistance ready to explode upward. Example: BTC at $99,700, VA Low at $100,000, 7 MICRO-SR levels stacked from $100,100-$100,400, and delta shows +45 with bullish flow → "COILED" appears. This means price is compressed like a spring with bullish pressure building - when it breaks, it will rip through all those overhead levels fast.
🔴 RED "COILED" LABEL ABOVE PRICE = Bearish Compression Setup
When price is extended above VA High with 5+ MICRO-SR support levels stacked below AND bearish momentum is building. This is a spring-loaded short setup - price is coiled above support ready to crash downward. Example: BTC at $100,500, VA High at $100,200, 6 MICRO-SR levels stacked from $100,000-$99,700, and delta shows -52 with bearish flow → "COILED" appears. This means price is compressed with bearish pressure building - when it breaks down, it will slice through all those support levels.
🔴🟢 "REJECT" LABEL = Failed Breakout / Rejection
When price enters a cluster zone (resistance or support) but shows opposite momentum - the breakout attempt failed. Example: Price pushed up into overhead resistance at $100,200 but delta turns bearish (-38) → "REJECT" appears in red above price. This means the breakout attempt was rejected, bulls who entered are trapped, expect reversal down.
⚠️ "WALL ↑" / "WALL ↓" = Resistance/Support Wall Alert
When 5+ MICRO-SR levels are stacked together creating a "wall" of resistance or support. These are significant barriers where price will likely stall or reverse. Example: "WALL ↑ 7x" means there are 7 MICRO-SR resistance levels stacked above current price - breaking through this will be very difficult without strong momentum and volume.
🔴🟢 "BULL ATTACK" / "BEAR ATTACK" = Aggressive Momentum
One side is attacking with both high delta AND increasing volume. This is active warfare. Example: "BEAR ATTACK" at $100,050 means sellers are aggressively dumping with rising volume - price is likely to drop fast.
🛡️ "BULL DEFENSE" / "BEAR DEFENSE" = Holding the Line
One side has high delta but volume is flat or decreasing - they're defending a level, not pushing. Example: "BULL DEFENSE" at $99,850 means buyers are absorbing sells to prevent BTC from dropping further, but they're not strong enough to push up yet.
⚖️ "EQUILIBRIUM" / "ROTATION" = Balanced Market
Bulls and bears are equally matched - perfect for range trading, terrible for breakout trades. Example: "EQUILIBRIUM" at $100,000 means the market is perfectly balanced here - trade the range, don't chase breakouts.
📈📉 "UP" / "DN" ARROWS = Volume Trend
Small green "UP" or red "DN" labels show if volume is increasing or decreasing at that price level over time. Example: "UP" at $99,900 means more traders are entering positions at this price compared to earlier - this level is becoming more important.
⇈⇊ DOUBLE ARROWS = Delta Momentum Acceleration
These show when delta is accelerating rapidly - not just strong, but GETTING STRONGER. Example: ⇈ at $100,050 means bullish delta isn't just high, it's accelerating - expect explosive upward movement.
🟢🔴 VELOCITY BANDS (Horizontal bars far right) = Volume Acceleration
Thin horizontal bars extending from the profile show how fast volume is building. Green = volume accelerating up, Red = volume accelerating down. Example: Green velocity band at $100,100 means volume is spiking at this level right now - action is heating up.
💜 "x3.8" LABEL ABOVE CANDLE = Volume Spike Signal
Magenta text showing volume multiplier. Example: "x3.2" above a BTC candle means this candle had 3.2 times the average volume - something big just happened (news, liquidation cascade, whale entry).
🟢🔴 THICK LINE AT VA HIGH/LOW = Breakout with Momentum
When BTC breaks the VA line, the line changes:
- Thin line (width 2) = Weak breakout (<30Δ momentum)
- Medium line (width 3) = Medium breakout (30-60Δ)
- Thick dashed line (width 4) = STRONG breakout (>60Δ) - THIS IS THE FLASH
The label also changes: "VA High 72Δ V✓ STRONG" = 72 delta momentum, volume confirmed, strong breakout.
🔵 CYAN DASHED LINE AT POC = POC Bounce Flash
A short cyan dashed line appears when BTC bounces off the POC with a bullish reversal candle. This is your highest-probability long entry - the POC "magnet" just pulled price back and bulls are responding.
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🧠 PATTERN COMBINATIONS = Market Psychology (What Traders Are Thinking)
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🚀 PATTERN 1: "The Nitro Boost" (Highest Win Rate)
WHAT YOU SEE: FLOW SHIFT ↑ appears below current price + only MICRO-SR (magenta) levels above + Volume Spike (x2.5+)
PSYCHOLOGY: Big money just reversed from selling to buying. Retail still thinks it's going down. All the nearby resistance levels are weak (just micro-levels). The explosion in volume means someone BIG just entered.
EXAMPLE: BTC at $99,900, FLOW SHIFT ↑ just appeared, above you see MICRO-SR at $100,000, $100,050, $100,100 with no major resistance. Volume spike shows x3.1. → Institutions flipped bullish and the path of least resistance is UP. These MICRO-SR levels will be blown through like paper.
TRADE: Long immediately, targets at each MICRO-SR level, stop below the FLOW SHIFT price.
💎 PATTERN 2: "The Wall" (Reversal Setup)
WHAT YOU SEE: BULL/BEAR EXHAUST at a price level + Price approaching POC from above/below + Delta momentum arrows (⇊) pointing opposite to price movement
PSYCHOLOGY: One side pushed too hard and ran out of gas right as they're approaching the most important price level (POC). Delta momentum is reversing. The "wall" of volume at POC will reject them.
EXAMPLE: BTC pushed from $99,800 to $100,200, now "BULL EXHAUST" appears at $100,200. POC is at $100,000. You see ⇊ (bearish delta acceleration). → Bulls exhausted themselves pushing up, POC will act as resistance, bears are accelerating. Price will get rejected back down.
TRADE: Short at current price, target is POC at $100,000, stop above the exhaust level.
⚔️ PATTERN 3: "The War Zone" (Stay Out)
WHAT YOU SEE: BULL ATTACK and BEAR ATTACK labels alternating rapidly + EQUILIBRIUM or ROTATION at current price + VA lines very close together
PSYCHOLOGY: Bulls and bears are in full battle mode, neither side is winning. The market is chopping violently in a tight range. This is where retail gets destroyed by whipsaw.
EXAMPLE: BTC bouncing between $99,900-$100,100. "BULL ATTACK" at $100,000, "BEAR ATTACK" at $100,050, "EQUILIBRIUM" at $100,025. VA High at $100,100, VA Low at $99,900. → Pure chaos. Both sides throwing punches, nobody winning.
TRADE: STAY OUT. Wait for exhaustion or flow shift. If you must trade, use very tight ranges (buy at VA Low, sell at VA High, 5-tick stops).
🎯 PATTERN 4: "The Breakout Confirmation" (High Confidence)
WHAT YOU SEE: VA breakout with STRONG label + Volume spike (x2.0+) + FLOW SHIFT in breakout direction + No major resistance for 50+ ticks
PSYCHOLOGY: Every signal is aligned. Price broke the fair value range WITH strong momentum, WITH volume confirmation, WITH institutional flow reversal. This is the "perfect storm" breakout.
EXAMPLE: BTC breaks VA High at $100,200. Label changes to "VA High 68Δ V✓ STRONG" (thick dashed line). Volume spike shows x2.8. FLOW SHIFT ↑ appears at $100,210. Next resistance is MICRO-SR at $100,400. → This is as good as it gets. Institutions are buying, retail FOMO is coming, momentum is strong.
TRADE: Long on the breakout, targets at +100 ticks ($100,300), +200 ticks ($100,400), trail stop below the breakout candle.
🛡️ PATTERN 5: "The Failed Breakout" (Fade Setup)
WHAT YOU SEE: VA breakout with WEAK label + No volume spike + DEFENSE label appears (opposite side) + Delta momentum arrows pointing back into VA
PSYCHOLOGY: Price tried to break out but without conviction. No volume = no big players interested. The defending side is holding the line. Breakout traders are about to get trapped.
EXAMPLE: BTC breaks VA High at $100,200. Label shows "VA High 23Δ WEAK" (thin line). No volume spike. "BEAR DEFENSE" appears at $100,220. You see ⇊ (bearish acceleration). → Weak breakout, bears defending, momentum reversing. Bull breakout traders are trapped.
TRADE: Short the failed breakout, target is back inside VA (POC at $100,000), stop above the high.
🧲 PATTERN 6: "The POC Magnet" (Mean Reversion)
WHAT YOU SEE: Price far from POC (100+ ticks away) + Volume decreasing (DN arrows) + No ATTACK or FLOW SHIFT labels + MICRO-SR levels between current price and POC
PSYCHOLOGY: Price overextended from the most important level. No new aggressive volume is coming in. Market is tired. Like a rubber band, price will snap back to POC where most traders are positioned.
EXAMPLE: BTC at $100,350, POC at $100,000 (350 ticks away). "DN" arrows showing volume declining. "ROTATION" at current price. MICRO-SR at $100,300, $100,200, $100,100. → Overextended, running out of steam, POC will pull it back.
TRADE: Short with targets at each MICRO-SR level on the way down to POC, final target at POC itself.
💥 PATTERN 7: "The Liquidation Cascade" (Momentum Continuation)
WHAT YOU SEE: Multiple consecutive candles with volume spikes (x2.5+) + ATTACK label same direction + Delta momentum arrows same direction (⇈ or ⇊) + Breaking through MICRO-SR levels without stopping
PSYCHOLOGY: Liquidations are triggering more liquidations. Stop losses are getting hit, triggering more stop losses. This is a cascade - it won't stop until hitting POC or VA boundary. Retail is getting destroyed, institutions are feasting.
EXAMPLE: BTC drops from $100,200. Candles show x2.7, x3.1, x2.9 volume spikes. "BEAR ATTACK" at every level. ⇊ arrows accelerating. MICRO-SR levels at $100,100, $100,000, $99,900 all getting destroyed. POC at $99,750. → Liquidation cascade in progress. Won't stop until POC.
TRADE: If you're in the direction, hold until POC. If not in, wait for POC to enter counter-trend. DO NOT try to catch this knife early.
🔄 PATTERN 8: "The Reversal Confirmation" (Highest Probability Entry)
WHAT YOU SEE: POC Bounce Flash (cyan dashed line) + FLOW SHIFT in new direction + Volume spike + Price bouncing off POC with bullish/bearish engulfing candle
PSYCHOLOGY: Price hit the most important level (POC) and institutions just reversed direction. This is THE signal. The magnet worked, price came back to POC, and big money is now pushing it the other way.
EXAMPLE: BTC drops to POC at $100,000. Cyan dashed POC bounce flash appears. Bullish engulfing candle. "FLOW SHIFT ↑" appears. Volume spike x2.6. → Perfect reversal setup at the most important price level with institutional confirmation.
TRADE: Long at POC, target next MICRO-SR or VA High, stop below POC. This is your highest win-rate setup.
🎪 PATTERN 9: "The Fake-Out Trap" (Avoid or Fade)
WHAT YOU SEE: FLOW SHIFT appears + No volume spike + EXHAUST label appears within 3-5 candles same direction + Delta momentum arrows reverse
PSYCHOLOGY: Someone tried to fake a reversal (maybe a whale painting the tape) but there's no real follow-through. The move exhausted immediately. Traders who followed the FLOW SHIFT are about to get trapped.
EXAMPLE: "FLOW SHIFT ↑" appears at $99,950. No volume spike. Within 3 candles, "BULL EXHAUST" appears at $100,000. ⇊ arrows appear. → False reversal, trap set, traders entering longs are getting baited.
TRADE: Fade it. Short when exhaust appears, target back below the fake FLOW SHIFT level.
🏆 PATTERN 10: "The Perfect Storm Long" (All Systems Go)
WHAT YOU SEE: Price above POC + FLOW SHIFT ↑ + VA Low breakout with STRONG + Volume spike + Only MICRO-SR resistance above + BULL ATTACK label + ⇈ acceleration
PSYCHOLOGY: Everything aligned bullish. Institutions buying, momentum strong, volume confirming, path clear. This is when retail FOMO kicks in and you get the biggest moves.
EXAMPLE: BTC at $100,100. POC at $100,000 (above POC ✓). "FLOW SHIFT ↑" at $100,050 ✓. "VA Low 71Δ V✓ STRONG" breakout ✓. Volume x3.4 ✓. MICRO-SR at $100,300, $100,500 (weak resistance) ✓. "BULL ATTACK" ✓. ⇈ arrows ✓. → Every single bullish signal firing. This is the setup you wait for all day.
TRADE: Long with size, targets at +200 ticks minimum, trail aggressively, stop only if FLOW SHIFT reverses.
🎯 PATTERN 11: "The Coiled Spring" (High Probability Breakout)
WHAT YOU SEE: "COILED" label appears + 5-8 MICRO-SR levels stacked in breakout direction + Delta +30 or higher (for long) / -30 or lower (for short) + Price compressed below VA Low (long) or above VA High (short)
PSYCHOLOGY: Price is compressed in a weak position with heavy resistance/support overhead, BUT institutions are building momentum in the direction of the breakout. When it breaks, all those clustered MICRO-SR levels will be blown through rapidly because the spring is loaded. This is the setup where you get 100-200 tick moves in minutes.
EXAMPLE: BTC at $99,650. VA Low at $100,000. "COILED" (green) appears below price. WALL ↑ 8x showing 8 MICRO-SR levels from $100,100-$100,800. Delta shows +47. FLOW SHIFT ↑ just appeared. → Price is coiled below massive resistance wall with strong bullish momentum building. When VA Low breaks, the spring releases and price will rip through all 8 resistance levels.
TRADE: Long when price breaks VA Low with volume confirmation, targets at each MICRO-SR cluster (+100, +200, +300 ticks), trail stop below breakout candle. This is your "moonshot" setup.
🛑 PATTERN 12: "The Failed Shift Trap" (Fade Setup)
WHAT YOU SEE: "FAILED SHIFT ↑" or "FAILED SHIFT ↓" appears + Strong opposite momentum (⇊ for failed bull shift, ⇈ for failed bear shift) + No volume spike + Price back in original range
PSYCHOLOGY: Institutions attempted a reversal but the other side defended hard and rejected it. Traders who followed the FLOW SHIFT are now trapped. The failed reversal confirms the original trend will continue - the defending side is in control.
EXAMPLE: BTC pushed from $100,200 to $99,900. "FLOW SHIFT ↓" appeared at $100,100 signaling bearish reversal. Within 5 bars, bulls defended at $99,850, pushing price back to $100,000. "FAILED SHIFT ↓" now appears at $100,100 with ⇈ (bullish acceleration). → Bears tried to reverse trend but failed. Bulls defended successfully. Original uptrend continues.
TRADE: Fade the failed shift. If "FAILED SHIFT ↓" appears, go long (bulls won the battle). If "FAILED SHIFT ↑" appears, go short (bears won). Target is back to the other side of the range.
⚠️ PATTERN 13: "The Wall Collision" (High Risk, High Reward)
WHAT YOU SEE: "WALL ↑" or "WALL ↓" with 6+ levels + Price approaching wall with strong momentum (ATTACK label) + Volume spike + Delta accelerating (⇈ or ⇊)
PSYCHOLOGY: Unstoppable force meeting immovable object. Price is charging at a massive wall of resistance/support with strong momentum. Either it breaks through explosively OR it gets rejected violently. This is binary - huge win or huge loss.
EXAMPLE: BTC at $100,050 with "BULL ATTACK" and ⇈ arrows. Volume x3.2. Approaching "WALL ↑ 9x" at $100,200-$100,600. POC at $100,300 (inside the wall). → Bulls charging at massive resistance wall with strong momentum. If they break through, it's explosive. If rejected, crash back down.
TRADE: ADVANCED ONLY. Wait for the collision. If price breaks through wall with FLOW SHIFT confirmation + volume spike, go long immediately with tight stop. If price gets REJECTED (bearish delta appears at wall), short immediately targeting POC. DO NOT enter before knowing the outcome.
🔄 PATTERN 14: "The Rejection Reversal" (Counter-Trend Entry)
WHAT YOU SEE: "REJECT" label appears + Price in cluster zone + Opposite side DEFENSE or ATTACK label appears + Delta momentum reverses (⇈ to ⇊ or vice versa)
PSYCHOLOGY: The breakout failed, trapped traders are exiting, and the opposite side is now attacking the weak hands. This creates fast moves back in the original direction.
EXAMPLE: BTC breaks VA High to $100,250. Weak volume, delta only +22. Enters overhead MICRO-SR cluster. "REJECT" appears in red. "BEAR DEFENSE" appears at $100,280. ⇊ arrows appear. → Breakout failed, bulls trapped, bears attacking. Price will reverse fast.
TRADE: Counter-trend entry in direction of REJECT. Short when "REJECT" appears with bearish confirmation, target is back to POC or VA Low. Stop above the rejection high. Fast scalp.
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⚡ QUICK REFERENCE CHEAT SHEET
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SAFEST ENTRIES (Highest Win Rate):
✅ POC Bounce Flash + FLOW SHIFT (Pattern 8)
✅ FLOW SHIFT + Only MICRO-SR above + Volume Spike (Pattern 1)
✅ Strong VA Breakout + Volume Spike + FLOW SHIFT (Pattern 4)
✅ COILED label + Multiple stacked MICRO-SR + Delta >30 (Pattern 11)
DANGER ZONES (Stay Out):
⛔ BULL ATTACK + BEAR ATTACK alternating (Pattern 3)
⛔ FLOW SHIFT + No volume + Quick exhaust (Pattern 9)
⛔ EQUILIBRIUM at current price with tight VA range
⛔ WALL collision without clear direction (Pattern 13 - wait for outcome)
FADE/REVERSAL SETUPS:
🔄 EXHAUST at price level + Approaching POC (Pattern 2)
🔄 Weak VA Breakout + DEFENSE opposite side (Pattern 5)
🔄 Price far from POC + Volume declining (Pattern 6)
🔄 FAILED SHIFT appears + Opposite momentum (Pattern 12)
🔄 REJECT label + Opposite ATTACK/DEFENSE (Pattern 14)
HOLD/MOMENTUM CONTINUATION:
🚀 Multiple volume spikes + ATTACK label + ⇈/⇊ arrows (Pattern 7)
🚀 All bullish/bearish signals aligned (Pattern 10)
🚀 COILED spring release through wall (Pattern 11)
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Remember: The indicator shows you WHERE the big money is (POC), WHAT they're doing (FLOW SHIFT), and HOW HARD they're doing it (volume spikes, momentum). Your job is to follow the big money, not fight them. When institutions shift, you shift. When they exhaust, you fade. When they're in a war, you stay out. Trade with the whales, not against them.
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ENHANCED DELTA VOLUME PROFILE - TECHNICAL CALCULATIONS GUIDE
How Each Element is Actually Calculated
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🧮 CORE CALCULATIONS (The Math Behind What You See)
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📊 VOLUME BINS = Price range divided into 40 horizontal slices
The indicator takes the last 100 candles (configurable), finds the highest and lowest price touched, then divides that range into 40 equal "bins" (horizontal price levels). Each bin collects volume from candles that touched that price range. Example: BTC ranged from $99,500 to $100,500 in the last 100 bars. That's $1,000 range ÷ 40 bins = $25 per bin. Bin 1 = $99,500-$99,525, Bin 2 = $99,525-$99,550, etc.
🟦🟥 DELTA CALCULATION = (Bull Volume - Bear Volume) / Total Volume × 100
For each bin, the indicator separates bullish candles (close > open) from bearish candles (close < open). Delta = ((bull volume - bear volume) / total volume) × 100. This gives you a percentage from -100% (pure selling) to +100% (pure buying). Example: At $100,000, if 70 BTC was traded on green candles and 30 BTC on red candles, delta = ((70-30)/100) × 100 = 40% bullish.
🎨 GRADIENT COLOR = Delta converted to color spectrum
The delta percentage (-100 to +100) is mapped to a color gradient. -100% = pure bearish color (orange/red), 0% = neutral, +100% = pure bullish color (cyan/blue). The color you see on each bar directly represents the delta. Example: A bright cyan bar = high positive delta (strong buying), orange bar = high negative delta (strong selling), gray bar = balanced (delta near 0%).
🟩 POC (Point of Control) = Bin with the absolute highest total volume
The indicator sums up all volume in each of the 40 bins, then finds which bin has the most. That's your POC. Example: Bin 15 (around $100,000) collected 1,250 BTC of volume, which is more than any other bin. Bin 15 is your POC. This is where the most trading happened and where most traders are positioned.
⬜ VALUE AREA (VA) = The bins containing 70% of total volume, centered on POC
Starting from the POC, the indicator expands up and down, adding bins one at a time (choosing the bin with more volume each time) until it has captured 70% of all volume. The top of this range = VA High, bottom = VA Low. Example: POC at $100,000. Expanding out captures 70% of volume from $99,700 to $100,300. VA Low = $99,700, VA High = $100,300.
📈📉 VOLUME TREND = (Recent Volume - Old Volume) / Total Volume
The indicator splits your 100-bar lookback into three periods: Recent (last 15 bars), Mid (bars 15-30), and Older (last 15 bars of the 100). For each bin, it compares recent volume to older volume. If recent > older, trend is UP. If recent < older, trend is DOWN. Example: At $100,000, recent 15 bars had 80 BTC volume, older 15 bars had 40 BTC. Trend = (80-40)/(80+40) = 0.33 = UP. This shows volume is increasing at this level.
💜 MICRO-SR DETECTION = High volume (>60% of max) + High hits (>20% of max) + Active volume trend
A bin becomes MICRO-SR if: (1) Its volume is at least 60% of the highest-volume bin, (2) Price touched it frequently (at least 20% as many times as the most-touched bin), (3) Volume trend isn't flat (absolute trend > 0.05). Example: Bin at $99,975 has 750 BTC (75% of max), was hit 45 times (30% of max hits), volume trend = 0.08. = MICRO-SR (magenta border).
🟡 EXHAUSTION DETECTION = Extreme delta (>65%) + Declining volume trend (<-0.15) OR Extreme delta + Volume spike (>1.5× average)
Two ways to detect exhaustion: (1) One side dominated (delta > 65% or < -65%) BUT volume is decreasing (trend < -0.15), meaning participation is dropping. (2) Extreme delta WITH a huge volume spike (>1.5× average for that bin), meaning climactic volume. Example: At $100,200, delta = 72% bullish, but volume trend = -0.22 (declining). = BULL EXHAUST. Bulls won but are running out of steam.
🔵 FLOW SHIFT DETECTION = Delta changed sign (+ to - or - to +) + Delta change >40% + Volume trend increasing (>0.1)
Compares each bin's delta to the previous bin's delta. If delta flipped from negative to positive (or vice versa) by more than 40%, AND volume is increasing, = FLOW SHIFT. Example: Previous bin at $99,950 had -35% delta (bearish). Current bin at $100,000 has +45% delta (bullish). Change = 80% (flipped + exceeded 40%), volume trend = +0.15. = FLOW SHIFT ↑.
⇈⇊ DELTA MOMENTUM = Current delta - Average delta of last 3 bins
For each bin, the indicator looks at the previous 3 bins, calculates their average delta, then compares current delta to that average. If current delta is significantly higher/lower than the 3-bin average, momentum arrows appear. Example: Last 3 bins had deltas of 20%, 25%, 30% (average = 25%). Current bin delta = 55%. Momentum = 55 - 25 = +30 = ⇈ (strong bullish acceleration).
🟢🔴 VOLUME ACCELERATION = Rate of change of volume trend across three periods
Compares how volume changed from Old→Mid vs Mid→Recent. If Recent increased MORE than Mid did compared to Old, = positive acceleration. Formula: ((Recent-Mid) - (Mid-Old)) / |Mid-Old|. Example: Old=100, Mid=120, Recent=160. Mid increased by 20, Recent increased by 40. Acceleration = (40-20)/20 = 1.0 = strong acceleration (green velocity band).
⚖️ BALANCE SCORE = Combines volume balance, price range balance, and hit frequency
Three factors weighted equally: (1) How balanced is bull vs bear volume? (1 - |bull-bear|/total). (2) How tight is the price range? (1 - avgRange/maxRange). (3) How frequently was it hit? (hits/maxHits). Multiply these together. Score >0.7 = EQUILIBRIUM. Example: Volume is 55% bull / 45% bear = 0.9 balance. Range is tight = 0.8. Hit frequently = 0.85. Score = 0.9 × 0.8 × 0.85 = 0.61 = ROTATION.
📊 BULL/BEAR ATTACK/DEFENSE = Delta threshold (>60% or <-60%) + Volume trend direction
ATTACK = High delta (>60% either direction) + Volume trend increasing (>0.15). DEFENSE = High delta (>60% either direction) + Volume trend NOT increasing (≤0.15). Example: Delta = 68% bullish, volume trend = 0.22 = BULL ATTACK (buying with increasing volume). Delta = 68% bullish, volume trend = 0.05 = BULL DEFENSE (buying but volume not increasing).
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🎯 SIGNAL CALCULATIONS (The New Features)
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💜 VOLUME SPIKE = Current bar volume / 20-bar average volume
Takes the current candle's volume and divides it by the simple moving average of the last 20 candles' volume. If ratio >2.0 (configurable), spike detected. The label shows the exact multiplier. Example: Current candle = 450 BTC volume. 20-bar average = 140 BTC. Ratio = 450/140 = 3.21 = "x3.2" label appears in magenta above the candle.
🟢🔴 VA BREAKOUT MOMENTUM = POC bin's delta (absolute value)
When price breaks VA High or VA Low, the indicator looks at the POC bin's delta to measure momentum strength. Uses absolute value (ignore direction). <30 = WEAK, 30-60 = MED, >60 = STRONG. Line thickness and style change based on this. Example: BTC breaks VA High. POC bin delta = 72%. Momentum = 72 = STRONG. Line = width 4 (thick), dashed (flash effect), label shows "VA High 72Δ V✓ STRONG".
📊 BREAKOUT LINE THICKNESS = Momentum-based dynamic sizing
- Momentum <30: Line width = 2 (thin), solid line
- Momentum 30-60: Line width = 3 (medium), solid line
- Momentum >60: Line width = 4 (thick), dashed line (creates flash effect)
Example: Breakout with 45% momentum = width 3 solid line. Breakout with 75% momentum = width 4 dashed line (flashing).
✓ VOLUME CONFIRMATION = Current volume / 20-bar average >1.5
Checks if the breakout candle has strong volume. If current volume is at least 1.5× the 20-bar average, adds "V✓" to the label. Example: Breakout candle has 280 BTC volume, 20-bar average is 160 BTC. Ratio = 280/160 = 1.75 > 1.5 = "V✓" appears in label.
🔵 POC BOUNCE DETECTION = Price within 0.5 bin-step of POC + Bullish reversal candle + Previous candle was bearish
Three conditions must all be true: (1) Current close price is within half a bin's height from POC price. (2) Current candle is bullish (close > open). (3) Previous candle was bearish (close < open). If all true = POC bounce, cyan dashed flash line appears. Example: POC at $100,000, bin step = $25. Current close = $100,008 (within $12.50 of POC ✓). Current candle green ✓. Previous candle red ✓. = POC Bounce Flash.
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⚙️ TECHNICAL PARAMETERS (What You Can Adjust)
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🔢 LOOKBACK PERIOD (Default: 100 bars) = How much history to analyze
The number of candles backwards from current that get analyzed. More bars = more stable but slower to react. Fewer bars = more reactive but noisier. For 1-minute BTC scalping, 100 bars = last 100 minutes = 1 hour 40 minutes of data. Example: Setting to 50 bars makes it more reactive to recent action but less stable. Setting to 200 bars makes it smoother but slower to show new developments.
🎚️ NUMBER OF BINS (Default: 40) = Resolution of price levels
How many horizontal slices to divide the price range into. More bins = finer resolution but more noise. Fewer bins = smoother but less precise. 40 bins for 1-minute = good balance. Example: With $1,000 range, 40 bins = $25 per level. 20 bins would be $50 per level (less precise). 60 bins would be $16.67 per level (more precise but noisier).
📏 DISPLAY OFFSET (Default: 10 bars) = How far right the profile extends
How many bars to the right of current candle the volume profile displays. Purely visual - doesn't affect calculations. Example: Offset = 10 means the profile extends 10 bars to the right. Offset = 30 means it extends further right (more separation from candles).
📊 VOLUME TREND PERIOD (Default: 15 bars) = How many recent bars define "recent"
The number of bars considered "recent" vs "old" when calculating volume trends. Shorter = more sensitive to very recent changes. Longer = smoother trends. Example: 15 bars means "recent" = last 15 candles (last 15 minutes on 1m chart). Setting to 5 would make it hyper-reactive to the last 5 minutes. Setting to 30 would make it smoother.
🎯 EXHAUSTION THRESHOLD (Default: 65%) = How extreme delta must be for exhaustion
The minimum delta percentage to trigger exhaustion detection. Higher = more selective (only extreme cases). Lower = more signals but more false positives. Example: 65% means delta must be >65% or <-65% to qualify. Setting to 75% would only catch the most extreme exhaustion. Setting to 55% would catch more cases.
💜 MICRO-LEVEL THRESHOLD (Default: 60%) = How strong a level must be for MICRO-SR
The minimum volume percentage (relative to max) required for MICRO-SR detection. Higher = fewer, stronger levels. Lower = more levels but weaker. Example: 60% means bin must have at least 60% of the max bin's volume. Setting to 70% would show only the strongest levels. Setting to 50% would show more levels.
⚡ DELTA MOMENTUM PERIOD (Default: 3 bars) = How many bins to average for momentum
How many previous bins to average when calculating delta momentum. Shorter = more sensitive acceleration signals. Longer = smoother, less noisy. Example: 3 bins means compares current to average of last 3. Setting to 5 would smooth out momentum detection. Setting to 2 would make it more reactive.
🌊 FLOW SHIFT SENSITIVITY (Default: 40%) = Minimum delta change for flow shift
How much delta must change between consecutive bins to trigger FLOW SHIFT. Lower = more flow shift signals (more sensitive). Higher = fewer, stronger signals. Example: 40% means delta must flip by at least 40% (e.g., from -20% to +20% or from +10% to -30%). Setting to 60% would only catch major reversals. Setting to 25% would catch smaller shifts.
💥 VOLUME SPIKE THRESHOLD (Default: 2.0x) = Multiplier to trigger spike signal
How many times above average volume must be to show the spike label. Higher = fewer spikes shown (only extreme). Lower = more spikes shown. Example: 2.0× means current volume must be at least double the 20-bar average. Setting to 3.0× would only show massive spikes. Setting to 1.5× would show more moderate spikes.
🚀 BREAKOUT MOMENTUM MINIMUM (Default: 20%) = Minimum delta for breakout signal
How much delta momentum required at POC for VA breakout to trigger. Higher = fewer breakout signals (more selective). Lower = more signals but more false positives. Example: 20% means POC delta must be at least 20% (or -20%) when price breaks VA. Setting to 30% would only show strong breakouts. Setting to 10% would show weaker breakouts too.
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🔬 ADVANCED TECHNICAL DETAILS
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📐 BIN POSITIONING = Price-to-bin mapping formula
For any price P, its bin index = floor((P - MinPrice) / BinStep). BinStep = (MaxPrice - MinPrice) / NumBins. Example: Range $99,000-$100,000, 40 bins. BinStep = $1,000/40 = $25. Price $99,550 → Bin 22: (99,550 - 99,000) / 25 = 22.
📊 VOLUME DISTRIBUTION = Proportional allocation across bins
When a candle spans multiple bins, its volume is distributed proportionally based on how much of the candle's range overlapped each bin. Example: Candle from $99,950 to $100,050 (range = $100) with 50 BTC volume. Bin 1 ($99,950-$99,975) gets 25% of range = 12.5 BTC. Bin 2 ($99,975-$100,000) gets 25% = 12.5 BTC. Bin 3 ($100,000-$100,025) gets 25% = 12.5 BTC. Bin 4 ($100,025-$100,050) gets 25% = 12.5 BTC.
🎨 COLOR GRADIENT MAPPING = Delta to RGB conversion
Delta percentage is normalized to 0-1 scale (from -100/+100 range), then mapped to RGB gradient. -100% (0.0) = Full bearish color RGB. 0% (0.5) = Neutral gray. +100% (1.0) = Full bullish color RGB. Example: Delta = 60% → Normalized = 0.8 → 80% towards full bullish color (bright cyan).
⚖️ BALANCE SCORE FORMULA = Weighted geometric mean
BalanceScore = (VolumeBalance^w) × (PriceBalance^w) × (HitBalance^w), where w=weight (default 1.0). VolumeBalance = 1 - |BullVol - BearVol|/TotalVol. PriceBalance = 1 - AvgRange/MaxRange. HitBalance = Hits/MaxHits. Example: Vol=0.9, Price=0.8, Hit=0.7 → Score = 0.9 × 0.8 × 0.7 = 0.504.
🔄 DELTA HISTORY TRACKING = Rolling array per bin
Each bin maintains an array of its last N delta values (where N = delta momentum period). When calculating momentum, current delta is compared to the average of this array. Example: Bin's delta history = . Average = 25%. Current = 55%. Momentum = 55 - 25 = 30.
📈 VOLUME VELOCITY = Second derivative of volume
Measures acceleration of volume change. Recent change = (Recent - Mid). Old change = (Mid - Old). Acceleration = (Recent change - Old change) / |Old change|. Positive = accelerating. Negative = decelerating. Example: Old=100, Mid=150, Recent=220. Recent change = 70. Old change = 50. Accel = (70-50)/50 = 0.4 = 40% acceleration.
🎯 VA EXPANSION ALGORITHM = Greedy breadth-first from POC
Start at POC bin. While accumulated volume < 70% of total: Look at bin above and bin below POC boundary. Choose whichever has more volume. Add that bin to VA. Repeat. Example: POC at bin 20. Bin 21 (above) has 80 BTC, Bin 19 (below) has 95 BTC. Add bin 19. Now VA = bins 19-20. Next: Bin 21 has 80, Bin 18 has 70. Add bin 21. VA = bins 19-21. Continue until 70% captured.
⏱️ REAL-TIME UPDATES = Recalculates on every new bar close
The entire profile recalculates when barstate.islast = true (current bar). All 40 bins are cleared and rebuilt from scratch using the last N candles. This ensures the profile is always accurate to the current market state. Example: On 1-minute chart, the profile fully recalculates every 60 seconds when the new candle opens.
🎨 RENDERING OPTIMIZATION = 500-bar future limit management
TradingView limits drawing objects to 500 bars into the future. The indicator calculates safe offsets: maxFutureBar = bar_index + 499, then caps all box/line/label positions to stay under this limit. Example: Current bar_index = 1000. Max future = 1499. Display offset wanted = 200. Safe offset = min(200, 400 - 100) = min(200, 300) = 200 ✓ safe.
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💡 INTERPRETATION TIPS
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🔢 Understanding Percentages:
- Delta 0-30%: Weak bias, essentially balanced
- Delta 30-60%: Moderate bias, one side has control
- Delta 60-85%: Strong bias, one side dominated
- Delta 85-100%: Extreme bias, one-sided market (exhaustion likely)
📊 Volume Trend Interpretation:
- Trend -1.0 to -0.3: Strong decline in participation
- Trend -0.3 to -0.1: Moderate decline
- Trend -0.1 to +0.1: Stable/flat volume
- Trend +0.1 to +0.3: Moderate increase
- Trend +0.3 to +1.0: Strong increase in participation
🎯 Balance Score Ranges:
- 0.0-0.3: Heavily imbalanced, strong directional bias
- 0.3-0.5: Moderate imbalance, rotation forming
- 0.5-0.7: Balanced rotation zone
- 0.7-1.0: Perfect equilibrium, range-bound
⚡ Momentum Thresholds:
- <10: Negligible momentum change
- 10-20: Moderate acceleration
- 20-40: Strong acceleration (arrow appears)
- >40: Extreme acceleration (very rare, very significant)
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Understanding these calculations helps you know WHY the indicator is showing what it's showing. When you see "FLOW SHIFT ↑", you now know it calculated a >40% delta flip with increasing volume. When you see MICRO-SR, you know that level has >60% of max volume, >20% of max hits, and active participation. When you see ⇈, you know delta jumped significantly above its 3-bin average. Use this knowledge to trust the signals and understand their strength.
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Multiple Naked LevelsPURPOSE OF THE INDICATOR
This indicator autogenerates and displays naked levels and gaps of multiple types collected into one simple and easy to use indicator.
VALUE PROPOSITION OF THE INDICATOR AND HOW IT IS ORIGINAL AND USEFUL
1) CONVENIENCE : The purpose of this indicator is to offer traders with one coherent and robust indicator providing useful, valuable, and often used levels - in one place.
2) CLUSTERS OF CONFLUENCES : With this indicator it is easy to identify levels and zones on the chart with multiple confluences increasing the likelihood of a potential reversal zone.
THE TYPES OF LEVELS AND GAPS INCLUDED IN THE INDICATOR
The types of levels include the following:
1) PIVOT levels (Daily/Weekly/Monthly) depicted in the chart as: dnPIV, wnPIV, mnPIV.
2) POC (Point of Control) levels (Daily/Weekly/Monthly) depicted in the chart as: dnPoC, wnPoC, mnPoC.
3) VAH/VAL STD 1 levels (Value Area High/Low with 1 std) (Daily/Weekly/Monthly) depicted in the chart as: dnVAH1/dnVAL1, wnVAH1/wnVAL1, mnVAH1/mnVAL1
4) VAH/VAL STD 2 levels (Value Area High/Low with 2 std) (Daily/Weekly/Monthly) depicted in the chart as: dnVAH2/dnVAL2, wnVAH2/wnVAL2, mnVAH1/mnVAL2
5) FAIR VALUE GAPS (Daily/Weekly/Monthly) depicted in the chart as: dnFVG, wnFVG, mnFVG.
6) CME GAPS (Daily) depicted in the chart as: dnCME.
7) EQUILIBRIUM levels (Daily/Weekly/Monthly) depicted in the chart as dnEQ, wnEQ, mnEQ.
HOW-TO ACTIVATE LEVEL TYPES AND TIMEFRAMES AND HOW-TO USE THE INDICATOR
You can simply choose which of the levels to be activated and displayed by clicking on the desired radio button in the settings menu.
You can locate the settings menu by clicking into the Object Tree window, left-click on the Multiple Naked Levels and select Settings.
You will then get a menu of different level types and timeframes. Click the checkboxes for the level types and timeframes that you want to display on the chart.
You can then go into the chart and check out which naked levels that have appeared. You can then use those levels as part of your technical analysis.
The levels displayed on the chart can serve as additional confluences or as part of your overall technical analysis and indicators.
In order to back-test the impact of the different naked levels you can also enable tapped levels to be depicted on the chart. Do this by toggling the 'Show tapped levels' checkbox.
Keep in mind however that Trading View can not shom more than 500 lines and text boxes so the indocator will not be able to give you the complete history back to the start for long duration assets.
In order to clean up the charts a little bit there are two additional settings that can be used in the Settings menu:
- Selecting the price range (%) from the current price to be included in the chart. The default is 25%. That means that all levels below or above 20% will not be displayed. You can set this level yourself from 0 up to 100%.
- Selecting the minimum gap size to include on the chart. The default is 1%. That means that all gaps/ranges below 1% in price difference will not be displayed on the chart. You can set the minimum gap size yourself.
BASIC DESCRIPTION OF THE INNER WORKINGS OF THE INDICTATOR
The way the indicator works is that it calculates and identifies all levels from the list of levels type and timeframes above. The indicator then adds this level to a list of untapped levels.
Then for each bar after, it checks if the level has been tapped. If the level has been tapped or a gap/range completely filled, this level is removed from the list so that the levels displayed in the end are only naked/untapped levels.
Below is a descrition of each of the level types and how it is caluclated (algorithm):
PIVOT
Daily, Weekly and Monthly levels in trading refer to significant price points that traders monitor within the context of a single trading day. These levels can provide insights into market behavior and help traders make informed decisions regarding entry and exit points.
Traders often use D/W/M levels to set entry and exit points for trades. For example, entering long positions near support (daily close) or selling near resistance (daily close).
Daily levels are used to set stop-loss orders. Placing stops just below the daily close for long positions or above the daily close for short positions can help manage risk.
The relationship between price movement and daily levels provides insights into market sentiment. For instance, if the price fails to break above the daily high, it may signify bearish sentiment, while a strong breakout can indicate bullish sentiment.
The way these levels are calculated in this indicator is based on finding pivots in the chart on D/W/M timeframe. The level is then set to previous D/W/M close = current D/W/M open.
In addition, when price is going up previous D/W/M open must be smaller than previous D/W/M close and current D/W/M close must be smaller than the current D/W/M open. When price is going down the opposite.
POINT OF CONTROL
The Point of Control (POC) is a key concept in volume profile analysis, which is commonly used in trading.
It represents the price level at which the highest volume of trading occurred during a specific period.
The POC is derived from the volume traded at various price levels over a defined time frame. In this indicator the timeframes are Daily, Weekly, and Montly.
It identifies the price level where the most trades took place, indicating strong interest and activity from traders at that price.
The POC often acts as a significant support or resistance level. If the price approaches the POC from above, it may act as a support level, while if approached from below, it can serve as a resistance level. Traders monitor the POC to gauge potential reversals or breakouts.
The way the POC is calculated in this indicator is by an approximation by analysing intrabars for the respective timeperiod (D/W/M), assigning the volume for each intrabar into the price-bins that the intrabar covers and finally identifying the bin with the highest aggregated volume.
The POC is the price in the middle of this bin.
The indicator uses a sample space for intrabars on the Daily timeframe of 15 minutes, 35 minutes for the Weekly timeframe, and 140 minutes for the Monthly timeframe.
The indicator has predefined the size of the bins to 0.2% of the price at the range low. That implies that the precision of the calulated POC og VAH/VAL is within 0.2%.
This reduction of precision is a tradeoff for performance and speed of the indicator.
This also implies that the bigger the difference from range high prices to range low prices the more bins the algorithm will iterate over. This is typically the case when calculating the monthly volume profile levels and especially high volatility assets such as alt coins.
Sometimes the number of iterations becomes too big for Trading View to handle. In these cases the bin size will be increased even more to reduce the number of iterations.
In such cases the bin size might increase by a factor of 2-3 decreasing the accuracy of the Volume Profile levels.
Anyway, since these Volume Profile levels are approximations and since precision is traded for performance the user should consider the Volume profile levels(POC, VAH, VAL) as zones rather than pin point accurate levels.
VALUE AREA HIGH/LOW STD1/STD2
The Value Area High (VAH) and Value Area Low (VAL) are important concepts in volume profile analysis, helping traders understand price levels where the majority of trading activity occurs for a given period.
The Value Area High/Low is the upper/lower boundary of the value area, representing the highest price level at which a certain percentage of the total trading volume occurred within a specified period.
The VAH/VAL indicates the price point above/below which the majority of trading activity is considered less valuable. It can serve as a potential resistance/support level, as prices above/below this level may experience selling/buying pressure from traders who view the price as overvalued/undervalued
In this indicator the timeframes are Daily, Weekly, and Monthly. This indicator provides two boundaries that can be selected in the menu.
The first boundary is 70% of the total volume (=1 standard deviation from mean). The second boundary is 95% of the total volume (=2 standard deviation from mean).
The way VAH/VAL is calculated is based on the same algorithm as for the POC.
However instead of identifying the bin with the highest volume, we start from range low and sum up the volume for each bin until the aggregated volume = 30%/70% for VAL1/VAH1 and aggregated volume = 5%/95% for VAL2/VAH2.
Then we simply set the VAL/VAH equal to the low of the respective bin.
FAIR VALUE GAPS
Fair Value Gaps (FVG) is a concept primarily used in technical analysis and price action trading, particularly within the context of futures and forex markets. They refer to areas on a price chart where there is a noticeable lack of trading activity, often highlighted by a significant price movement away from a previous level without trading occurring in between.
FVGs represent price levels where the market has moved significantly without any meaningful trading occurring. This can be seen as a "gap" on the price chart, where the price jumps from one level to another, often due to a rapid market reaction to news, events, or other factors.
These gaps typically appear when prices rise or fall quickly, creating a space on the chart where no transactions have taken place. For example, if a stock opens sharply higher and there are no trades at the prices in between the two levels, it creates a gap. The areas within these gaps can be areas of liquidity that the market may return to “fill” later on.
FVGs highlight inefficiencies in pricing and can indicate areas where the market may correct itself. When the market moves rapidly, it may leave behind price levels that traders eventually revisit to establish fair value.
Traders often watch for these gaps as potential reversal or continuation points. Many traders believe that price will eventually “fill” the gap, meaning it will return to those price levels, providing potential entry or exit points.
This indicator calculate FVGs on three different timeframes, Daily, Weekly and Montly.
In this indicator the FVGs are identified by looking for a three-candle pattern on a chart, signalling a discrete imbalance in order volume that prompts a quick price adjustment. These gaps reflect moments where the market sentiment strongly leans towards buying or selling yet lacks the opposite orders to maintain price stability.
The indicator sets the gap to the difference from the high of the first bar to the low of the third bar when price is moving up or from the low of the first bar to the high of the third bar when price is moving down.
CME GAPS (BTC only)
CME gaps refer to price discrepancies that can occur in charts for futures contracts traded on the Chicago Mercantile Exchange (CME). These gaps typically arise from the fact that many futures markets, including those on the CME, operate nearly 24 hours a day but may have significant price movements during periods when the market is closed.
CME gaps occur when there is a difference between the closing price of a futures contract on one trading day and the opening price on the following trading day. This difference can create a "gap" on the price chart.
Opening Gaps: These usually happen when the market opens significantly higher or lower than the previous day's close, often influenced by news, economic data releases, or other market events occurring during non-trading hours.
Gaps can result from reactions to major announcements or developments, such as earnings reports, geopolitical events, or changes in economic indicators, leading to rapid price movements.
The importance of CME Gaps in Trading is the potential for Filling Gaps: Many traders believe that prices often "fill" gaps, meaning that prices may return to the gap area to establish fair value.
This can create potential trading opportunities based on the expectation of gap filling. Gaps can act as significant support or resistance levels. Traders monitor these levels to identify potential reversal points in price action.
The way the gap is identified in this indicator is by checking if current open is higher than previous bar close when price is moving up or if current open is lower than previous day close when price is moving down.
EQUILIBRIUM
Equilibrium in finance and trading refers to a state where supply and demand in a market balance each other, resulting in stable prices. It is a key concept in various economic and trading contexts. Here’s a concise description:
Market Equilibrium occurs when the quantity of a good or service supplied equals the quantity demanded at a specific price level. At this point, there is no inherent pressure for the price to change, as buyers and sellers are in agreement.
Equilibrium Price is the price at which the market is in equilibrium. It reflects the point where the supply curve intersects the demand curve on a graph. At the equilibrium price, the market clears, meaning there are no surplus goods or shortages.
In this indicator the equilibrium level is calculated simply by finding the midpoint of the Daily, Weekly, and Montly candles respectively.
NOTES
1) Performance. The algorithms are quite resource intensive and the time it takes the indicator to calculate all the levels could be 5 seconds or more, depending on the number of bars in the chart and especially if Montly Volume Profile levels are selected (POC, VAH or VAL).
2) Levels displayed vs the selected chart timeframe. On a timeframe smaller than the daily TF - both Daily, Weekly, and Monthly levels will be displayed. On a timeframe bigger than the daily TF but smaller than the weekly TF - the Weekly and Monthly levels will be display but not the Daily levels. On a timeframe bigger than the weekly TF but smaller than the monthly TF - only the Monthly levels will be displayed. Not Daily and Weekly.
CREDITS
The core algorithm for calculating the POC levels is based on the indicator "Naked Intrabar POC" developed by rumpypumpydumpy (https:www.tradingview.com/u/rumpypumpydumpy/).
The "Naked intrabar POC" indicator calculates the POC on the current chart timeframe.
This indicator (Multiple Naked Levels) adds two new features:
1) It calculates the POC on three specific timeframes, the Daily, Weekly, and Monthly timeframes - not only the current chart timeframe.
2) It adds functionaly by calculating the VAL and VAH of the volume profile on the Daily, Weekly, Monthly timeframes .
Historic VPoCs and pseudo VPVRThis study tries to recreate session based historic VPoCs
and VPVR Volume Profile
as they are used by
TradingLatino TradingView user.
It's aimed at BTCUSDT pair and 4h timeframe.
HOW IT WORKS
HOW IT WORKS - VPVR Profile Block
It gathers volume from the last chosen Bars
in order to draw the vpvr profile block
Volume that intersects with current level range
being studied is added to its value.
Additionally the current level price is modified
so that it matches the level price where most
of the volume has concentrated
So you get a pretty accurate price for drawn volume
while at the same time the levels are not stuck
to arbitrary level prices.
HOW IT WORKS - VPoC
It calculates a Volume Profile for the
given historic session but then
it only outputs that Volume Profile VPoC.
SETTINGS
Show VPVR Volume Profile {True}.
Show Historic VPoC lines {True}.
Show Historic VPoC labels {True}.
Extend Historic VPoC lines {True}: If this option is turned off the VPoC lines are only shown during the session duration.
Show tick difference from current price {False}: BETA. Feedback is needed because I'm not sure how it should work this setting.
VPVR Number of bars {100}: Define the Visible Range in number of bars so that its Volume Profile can be shown.
VPVR Profile width (in bars) {15}: VPVR Profile can be make larger or smaller in width thanks to this option.
VPVR Profile offset (in bars) {15}: VPVR Profile can be shown more to the left or to the right if the defaults do not suit you.
Historic Session Volume Profile timeframe {1D}: Historic VPoC use 1 day as their timeframe reference by default.
Number of decimal digits {2}: How many decimal digits are shown in label prices.
Number of previous sessions to print VPoC {5}: How many previous sessions VPoCs are to be printed. The maximum for this setting is 20.
Historic VPoC lines width (in pixels) {2}.
Historic VPoC labels size {small}.
History VPoC line offset (in bars) {5}: How far to the right VPoCs lines are to be extended. Note: This setting does not apply when 'Extend Historic VPoC lines' is set to 'False'.
WARNING
Please be aware that VPoC from the first previous session might not be accurate due to Pine Script limitations.
VPVR USAGE
This is not a VPVR like the official TradingView indicator.
This is a pseudo VPVR and that means it needs some manual input from you.
But, don't worry it's quite easy to do and if you always use the same number
of bars to calculate your VPVR then you might even just set it up once.
In order to show the VPVR (or Volume Profile on the Visible Range):
Rescale your chart so that you see all the bars for your Visible Range.
Click on the ruler tool.
Click on the last bar (far to the right) shown on the screen
Drag the ruler to first bar (far to the left) shown on the screen
Check what the ruler says
E.g. it says: 101 bars
Open this study settings
Modify: 'VPVR Number of bars ' setting
So that its value matches your measured number of bars (101)
Press OK to confirm and wait for the indicator to refresh.
STRATEGY USAGE
If your strategy uses VPoC
to define your resistances
or supports
you can check the VPoCs shown here.
FEEDBACK
I have only used this identifier in BTCUSDT 4h timeframe.
I'm interested to know what needs to be tweaked
in other securities and timeframes.
PINE STUDY TRICK
This study let's you choose the number of decimals the label will use.
CREDITS
I have reused and adapted some code from
'Poor man's volume profile' study
which it's from TradingView IldarAkhmetgaleev user.
I also wanted to thank him for helping me understanding his study.
I have reused some code from
'MTF Selection Framework - PineCoders FAQ' study
which it's from TradingView PineCoders user.
Delta Volume Candles [LucF]█ OVERVIEW
This indicator plots on-chart volume delta information using candles that can replace your normal candles, tops and bottoms appended to normal candles, optional MAs of those tops and bottoms levels, a divergence channel and a chart background. The indicator calculates volume delta using intrabar analysis, meaning that it uses the lower timeframe bars constituting each chart bar.
█ CONCEPTS
Volume Delta
The volume delta concept divides a bar's volume in "up" and "down" volumes. The delta is calculated by subtracting down volume from up volume. Many calculation techniques exist to isolate up and down volume within a bar. The simplest use the polarity of interbar price changes to assign their volume to up or down slots, e.g., On Balance Volume or the Klinger Oscillator . Others such as Chaikin Money Flow use assumptions based on a bar's OHLC values. The most precise calculation method uses tick data and assigns the volume of each tick to the up or down slot depending on whether the transaction occurs at the bid or ask price. While this technique is ideal, it requires huge amounts of data on historical bars, which considerably limits the historical depth of charts and the number of symbols for which tick data is available. Furthermore, historical tick data is not yet available on TradingView.
This indicator uses intrabar analysis to achieve a compromise between the simplest and most precise methods of calculating volume delta. It is currently the most precise method usable on TradingView charts. TradingView's Volume Profile built-in indicators use it, as do the CVD - Cumulative Volume Delta Candles and CVD - Cumulative Volume Delta (Chart) indicators published from the TradingView account . My Delta Volume Channels and Volume Delta Columns Pro indicators also use intrabar analysis. Other volume delta indicators such as my Realtime 5D Profile use realtime chart updates to calculate volume delta without intrabar analysis, but that type of indicator only works in real time; they cannot calculate on historical bars.
This is the logic I use to determine the polarity of intrabars, which determines the up or down slot where its volume is added:
• If the intrabar's open and close values are different, their relative position is used.
• If the intrabar's open and close values are the same, the difference between the intrabar's close and the previous intrabar's close is used.
• As a last resort, when there is no movement during an intrabar, and it closes at the same price as the previous intrabar, the last known polarity is used.
Once all intrabars making up a chart bar have been analyzed and the up or down property of each intrabar's volume determined, the up volumes are added, and the down volumes subtracted. The resulting value is volume delta for that chart bar, which can be used as an estimate of the buying/selling pressure on an instrument. Not all markets have volume information. Without it, this indicator is useless.
Intrabar analysis
Intrabars are chart bars at a lower timeframe than the chart's. The timeframe used to access intrabars determines the number of intrabars accessible for each chart bar. On a 1H chart, each chart bar of an active market will, for example, usually contain 60 bars at the lower timeframe of 1min, provided there was market activity during each minute of the hour.
This indicator automatically calculates an appropriate lower timeframe using the chart's timeframe and the settings you use in the script's "Intrabars" section of the inputs. As it can access lower timeframes as small as seconds when available, the indicator can be used on charts at relatively small timeframes such as 1min, provided the market is active enough to produce bars at second timeframes.
The quantity of intrabars analyzed in each chart bar determines:
• The precision of calculations (more intrabars yield more precise results).
• The chart coverage of calculations (there is a 100K limit to the quantity of intrabars that can be analyzed on any chart,
so the more intrabars you analyze per chart bar, the less chart bars can be calculated by the indicator).
The information box displayed at the bottom right of the chart shows the lower timeframe used for intrabars, as well as the average number of intrabars detected for chart bars and statistics on chart coverage.
Balances
This indicator calculates five balances from volume delta values. The balances are oscillators with a zero centerline; positive values are bullish, and negative values are bearish. It is important to understand the balances as they can be used to:
• Color candle bodies.
• Calculate body and top and bottom divergences.
• Color an EMA channel.
• Color the chart's background.
• Configure markers and alerts.
The five balances are:
1 — Bar Balance : This is the only balance using instant values; it is simply the subtraction of the down volume from the up volume on the bar, so the instant volume delta for that bar.
2 — Average Balance : Calculates a distinct EMA for both the up and down volumes, and subtracts the down EMA from the up EMA.
The result is akin to MACD's histogram because it is the subtraction of two moving averages.
3 — Momentum Balance : Starts by calculating, separately for both up and down volumes, the difference between the same EMAs used in "Average Balance" and
an SMA of twice the period used for the "Average Balance" EMAs. The difference for the up side is subtracted from the difference for the down side,
and an RSI of that value is calculated and brought over the −50/+50 scale.
4 — Relative Balance : The reference values used in the calculation are the up and down EMAs used in the "Average Balance".
From those, we calculate two intermediate values using how much the instant up and down volumes on the bar exceed their respective EMA — but with a twist.
If the bar's up volume does not exceed the EMA of up volume, a zero value is used. The same goes for the down volume with the EMA of down volume.
Once we have our two intermediate values for the up and down volumes exceeding their respective MA, we subtract them. The final value is an ALMA of that subtraction.
The rationale behind using zero values when the bar's up/down volume does not exceed its EMA is to only take into account the more significant volume.
If both instant volume values exceed their MA, then the difference between the two is the signal's value.
The signal is called "relative" because the intermediate values are the difference between the instant up/down volumes and their respective MA.
This balance flatlines when the bar's up/down volumes do not exceed their EMAs, which makes it useful to spot areas where trader interest dwindles, such as consolidations.
The smaller the period of the final value's ALMA, the more easily it will flatline. These flat zones should be considered no-trade zones.
5 — Percent Balance : This balance is the ALMA of the ratio of the "Bar Balance" over the total volume for that bar.
From the balances and marker conditions, two more values are calculated:
1 — Marker Bias : This sums the up/down (+1/‒1) occurrences of the markers 1 to 4 over a period you define, so it ranges from −4 to +4, times the period.
Its calculation will depend on the modes used to calculate markers 3 and 4.
2 — Combined Balances : This is the sum of the bull/bear (+1/−1) states of each of the five balances, so it ranges from −5 to +5.
The periods for all of these balances can be configured in the "Periods" section at the bottom of the script's inputs. As you cannot see the balances on the chart, you can use my Volume Delta Columns Pro indicator in a pane; it can plot the same balances, so you will be able to analyze them.
Divergences
In the context of this indicator, a divergence is any bar where the bear/bull state of a balance (above/below its zero centerline) diverges from the polarity of a chart bar. No directional bias is assigned to divergences when they occur. Candle bodies and tops/bottoms can each be colored differently on divergences detected from distinct balances.
Divergence Channel
The divergence channel is the space between two levels (by default, the bar's open and close ) saved when divergences occur. When price (by default the close ) has breached a channel and a new divergence occurs, a new channel is created. Until that new channel is breached, bars where additional divergences occur will expand the channel's levels if the bar's price points are outside the channel.
Prices breaches of the divergence channel will change its state. Divergence channels can be in one of three different states:
• Bull (green): Price has breached the channel to the upside.
• Bear (red): Price has breached the channel to the downside.
• Neutral (gray): The channel has not yet been breached.
█ HOW TO USE THE INDICATOR
I do not make videos to explain how to use my indicators. I do, however, try hard to include in their description everything one needs to understand what they do. From there, it's up to you to explore and figure out if they can be useful in your trading practice. Communicating in videos what this description and the script's tooltips contain would make for very long videos that would likely exceed the attention span of most people who find this description too long. There is no quick way to understand an indicator such as this one because it uses many different concepts and has quite a bit of settings one can use to modify its visuals and behavior — thus how one uses it. I will happily answer questions on the inner workings of the indicator, but I do not answer questions like "How do I trade using this indicator?" A useful answer to that question would require an in-depth analysis of who you are, your trading methodology and objectives, which I do not have time for. I do not teach trading.
Start by loading the indicator on an active chart containing volume information. See here if you need help.
The default configuration displays:
• Normal candles where the bodies are only colored if the bar's volume has increased since the last bar.
If you want to use this indicator's candles, you may want to disable your chart's candles by clicking the eye icon to the right of the symbol's name in the top left of the chart.
• A top or bottom appended to the normal candles. It represents the difference between up and down volume for that bar
and is positioned at the top or bottom, depending on its polarity. If up volume is greater than down volume, a top is displayed. If down volume is greater, a bottom is plotted.
The size of tops and bottoms is determined by calculating a factor which is the proportion of volume delta over the bar's total volume.
That factor is then used to calculate the top or bottom size relative to a baseline of the average candle body size of the last 100 bars.
• An information box in the bottom right displaying intrabar and chart coverage information.
• A light red background when the intrabar volume differs from the chart's volume by more than 1%.
The script's inputs contain tooltips explaining most of the fields. I will not repeat them here. Following is a brief description of each section of the indicator's inputs which will give you an idea of what the indicator can do:
Normal Candles is where you configure the replacement candles plotted by the script. You can choose from different coloring schemes for their bodies and specify a unique color for bodies where a divergence calculated using the method you choose occurs.
Volume Tops & Botttoms is where you configure the display of tops and bottoms, and their EMAs. The EMAs are calculated from the high point of tops and the low point of bottoms. They can act as a channel to evaluate price, and you can choose to color the channel using a gradient reflecting the advances/declines in the balance of your choice.
Divergence Channel is where you set up the appearance and behavior of the divergence channel. These areas represent levels where price and volume delta information do not converge. They can be interpreted as regions with no clear direction from where one will look for breaches. You can configure the channel to take into account one or both types of divergences you have configured for candle bodies and tops/bottoms.
Background allows you to configure a gradient background color that reflects the advances/declines in the balance of your choice. You can use this to provide context to the volume delta values from bars. You can also control the background color displayed on volume discrepancies between the intrabar and the chart's timeframe.
Intrabars is where you choose the calculation mode determining the lower timeframe used to access intrabars. The indicator uses the chart's timeframe and the type of market you are on to calculate the lower timeframe. Your setting there should reflect which compromise you prefer between the precision of calculations and chart coverage. This is also where you control the display of the information box in the lower right corner of the chart.
Markers allows you to control the plotting of chart markers on different conditions. Their configuration determines when alerts generated from the indicator will fire. Note that in order to generate alerts from this script, they must be created from your chart. See this Help Center page to learn how. Only the last 500 markers will be visible on the chart, but this will not affect the generation of alerts.
Periods is where you configure the periods for the balances and the EMAs used in the indicator.
The raw values calculated by this script can be inspected using the Data Window.
█ INTERPRETATION
Rightly or wrongly, volume delta is considered by many a useful complement to the interpretation of price action. I use it extensively in an attempt to find convergence between my read of volume delta and price movement — not so much as a predictor of future price movement. No system or person can predict the future. Accordingly, I consider people who speak or act as if they know the future with certainty to be dangerous to themselves and others; they are charlatans, imprudent or blissfully ignorant.
I try to avoid elaborate volume delta interpretation schemes involving too many variables and prefer to keep things simple:
• Trends that have more chances of continuing should be accompanied by VD of the same polarity.
In trends, I am looking for "slow and steady". I work from the assumption that traders and systems often overreact, which translates into unproductive volatility.
Wild trends are more susceptible to overreactions.
• I prefer steady VD values over wildly increasing ones, as large VD increases often come with increased price volatility, which can backfire.
Large VD values caused by stopping volume will also often occur on trend reversals with abnormally high candles.
• Prices escaping divergence channels may be leading a trend in that direction, although there is no telling how long that trend will last; could be just a few bars or hundreds.
When price is in a channel, shifts in VD balances can sometimes give us an idea of the direction where price has the most chance of breaking.
• Dwindling VD will often indicate trend exhaustion and predate reversals by many bars, but the problem is that mere pauses in a trend will often produce the same behavior in VD.
I think it is too perilous to infer rigidly from VD decreases.
Divergence Channel
Here I have configured the divergence channels to be visible. First, I set the bodies to display divergences on the default Bar Balance. They are indicated by yellow bodies. Then I activated the divergence channels by choosing to draw levels on body divergences and checked the "Fill" checkbox to fill the channel with the same color as the levels. The divergence channel is best understood as a direction-less area from where a breach can be acted on if other variables converge with the breach's direction:
Tops and Bottoms EMAs
I find these EMAs rather interesting. They have no equivalent elsewhere, as they are calculated from the top and bottom values this indicator plots. The only similarity they have with volume-weighted MAs, including VWAP, is that they use price and volume. This indicator's Tops and Bottoms EMAs, however, use the price and volume delta. While the channel differs from other channels in how it is calculated, it can be used like others, as a baseline from which to evaluate price movement or, alternatively, as stop levels. Remember that you can change the period used for the EMAs in the "Periods" section of the inputs.
This chart shows the EMAs in action, filled with a gradient representing the advances/decline from the Momentum balance. Notice the anomaly in the chart's latest bars where the Momentum balance gradient has been indicating a bullish bias for some time, during which price was mostly below the EMAs. Price has just broken above the channel on positive VD. My interpretation of this situation would be that it is a risky opportunity for a long trade in the larger context where the market has been in a downtrend since the 5th. Intrepid traders choosing to enter here could do so with a "make or break" tight stop that will minimize their losses should the market continue its downtrend while hopefully preserving the potential upside of price continuing on the longer-term uptrend prevalent since the 28th:
█ NOTES
Volume
If you use indicators such as this one which depends on volume information, it is important to realize that the volume data they consume comes from data feeds, and that all data feeds are NOT created equally. Those who create the data feeds we use must make decisions concerning the nature of the transactions they tally and the way they are tallied in each feed, and these decisions affect the nature of our volume data. My Volume X-ray publication discusses some of the reasons why volume information from different timeframes, brokers/exchanges or sectors may vary considerably. I encourage you to read it. This indicator's display of a warning through a background color on volume discrepancies between the timeframe used to access intrabars and the chart's timeframe is an attempt to help you realize these variations in feeds. Don't take things for granted, and understand that the quality of a given feed's volume information affects the quality of the results this indicator calculates.
Markets as ecosystems
I believe it is perilous to think that behavioral patterns you discover in one market through the lens of this or any other indicator will necessarily port to other markets. While this may sometimes be the case, it will often not. Why is that? Because each market is its own ecosystem. As cities do, all markets share some common characteristics, but they also all have their idiosyncrasies. A proportion of a city's inhabitants is always composed of outsiders who come and go, but a core population of regulars and systems is usually the force that actually defines most of the city's observable characteristics. I believe markets work somewhat the same way; they may look the same, but if you live there for a while and pay attention, you will notice the idiosyncrasies. Some things that work in some markets will, accordingly, not work in others. Please keep that in mind when you draw conclusions.
On Up/Down or Buy/Sell Volume
Buying or selling volume are misnomers, as every unit of volume transacted is both bought and sold by two different traders. While this does not keep me from using the terms, there is no such thing as “buy only” or “sell only” volume. Trader lingo is riddled with peculiarities. Without access to order book information, traders work with the assumption that when price moves up during a bar, there was more buying pressure than selling pressure, just as when buy market orders take out limit ask orders in the order book at successively higher levels. The built-in volume indicator available on TradingView uses this logic to color the volume columns green or red. While this script’s calculations are more precise because it analyses intrabars to calculate its information, it uses pretty much the same imperfect logic. Until Pine scripts can have access to how much volume was transacted at the bid/ask prices, our volume delta calculations will remain a mere proxy.
Repainting
• The values calculated on the realtime bar will update as new information comes from the feed.
• Historical values may recalculate if the historical feed is updated or when calculations start from a new point in history.
• Markers and alerts will not repaint as they only occur on a bar's close. Keep this in mind when viewing markers on historical bars,
where one could understandably and incorrectly assume they appear at the bar's open.
To learn more about repainting, see the Pine Script™ User Manual's page on the subject .
Superfluity
In "The Bed of Procrustes", Nassim Nicholas Taleb writes: To bankrupt a fool, give him information . This indicator can display a lot of information. The inevitable adaptation period you will need to figure out how to use it should help you eliminate all the visuals you do not need. The more you eliminate, the easier it will be to focus on those that are the most useful to your trading practice. Don't be a fool.
█ THANKS
Thanks to alexgrover for his Dekidaka-Ashi indicator. His volume plots on candles were the inspiration for my top/bottom plots.
Kudos to PineCoders for their libraries. I use two of them in this script: Time and lower_tf .
The first versions of this script used functionality that I would not have known about were it not for these two guys:
— A guy called Kuan who commented on a Backtest Rookies presentation of their Volume Profile indicator.
— theheirophant , my partner in the exploration of the sometimes weird abysses of request.security() ’s behavior at lower timeframes.
Level 2 Order Flow Oracle with Sector Heatmap📊 Level 2 Order Flow Oracle™ + Dynamic Sector Heatmap
🎯 Overview
The Level 2 Order Flow Oracle™ is an advanced institutional-grade trading indicator that combines sophisticated order flow analysis with real-time sector rotation monitoring. This all-in-one tool provides traders with deep market insights by analyzing bid/ask imbalances, volume profile (VPOC), institutional footprints, and smart money divergences - all while displaying a dynamic sector heatmap that automatically adapts to your selected symbol.
Whether you're a day trader, swing trader, or institutional investor, this indicator delivers actionable signals with confidence ratings, risk-reward ratios, and precise entry/exit levels backed by multi-factor analysis.
✨ KEY FEATURES
🔬 Advanced Order Flow Analysis
Delta Calculation: Real-time buy/sell volume delta with cumulative tracking
Aggressive Order Detection: Identifies large market orders hitting the bid/ask
Bid/Ask Imbalance Proxy: Detects strong buying or selling pressure based on candle positioning
Order Absorption Detection: Spots institutional walls absorbing market orders
Iceberg Order Detection: Identifies hidden institutional orders
📍 Volume Profile & VPOC
Dynamic VPOC Calculation: Point of Control showing highest volume traded price levels
Volume Distribution Analysis: 10-level price-volume histogram updated every 5 bars
VPOC Distance Tracking: Monitors price position relative to high-volume nodes
🐋 Institutional Footprint Detection
Smart Money Tracking: Identifies large institutional buy/sell orders (3x+ volume)
Distribution/Accumulation Signals: Detects volume divergences at price extremes
Order Block Mapping: Marks key institutional support/resistance zones
Order Block Retests: Alerts when price revisits institutional levels
🎯 Multi-Factor Prediction Engine
8-factor scoring system analyzing:
Trend Alignment (20 points) - EMA 8/21/50 confluence
Order Flow (25 points) - Delta and aggressive orders
Bid/Ask Imbalance (15 points) - Market pressure
Institutional Activity (20 points) - Smart money footprints
Volume Profile (10 points) - VPOC positioning
Absorption (10 points) - Large order walls
Pattern Recognition (10 points) - Reversal/continuation setups
Momentum (10 points) - RSI, MACD, MFI alignment
🔒 Prediction Lock Mechanism
Confidence-Based Signals: Only triggers at 65%+ (customizable)
Stabilization Period: Locks predictions for 10 bars (adjustable) to prevent whipsaws
Dynamic Targets: ATR-based profit targets (1.5x to 2.5x based on confidence)
Risk Management: Automatic stop-loss calculation
Risk-Reward Filter: Only displays signals with 2:1+ R:R ratio
🔥 Dynamic Sector Heatmap
Auto-Detection: Automatically identifies which sector your symbol belongs to
10 Sectors Covered: Technology, Finance, Healthcare, Consumer, Energy, Industrial, Communication, Utilities, Materials, Market Indices
Real-Time Performance: Updates every tick showing intraday % change
Relative Strength Mode: Toggle to show performance vs SPY
Visual Color Coding:
🟢 Strong Green: >2.5% gain
🟢 Green: 1.2-2.5%
🟢 Light Green: 0.4-1.2%
⚪ Neutral: -0.4% to +0.4%
🔴 Light Red: -0.4% to -1.2%
🔴 Red: -1.2% to -2.5%
🔴 Strong Red: <-2.5%
Current Symbol Highlight: Shows ▶ arrow next to your active ticker
6 Top Symbols Per Sector: Displays the most liquid/representative stocks
📊 Comprehensive Dashboard
Real-time metrics displayed:
Signal Direction: BULL/BEAR/WAIT with confidence %
Lock Status: Countdown until next signal update
Price Targets: Entry, target, and stop levels
Risk-Reward Ratio: Actual R:R for current setup
Delta: Current buy/sell volume difference
Imbalance: Bid/Ask pressure indicator
Institutional Activity: Whale buy/sell detection
Absorption: Large order wall detection
VPOC Distance: % distance from volume point of control
Order Block Status: Active bullish/bearish block tests
Volume Ratio: Current vs average volume
RSI & MFI: Momentum oscillators with overbought/oversold zones
🎨 VISUAL COMPONENTS
Chart Overlays
EMA Ribbons: 8/21/50 period exponential moving averages
Bollinger Bands: 20-period with 2 standard deviations
VPOC Line: Dynamic volume point of control
Order Blocks: Dotted lines showing institutional zones (50-bar memory)
Prediction Arrow: Directional forecast with confidence label
Stop Loss Line: Dashed red risk management level
Background Coloring: Subtle green/red tint indicating active signal
Signal Labels
🚀 Bullish Signal: Green label below bar with confidence %
⚠️ Bearish Signal: Red label above bar with confidence %
Appears only when:
Confidence ≥ threshold (default 65%)
Risk-reward ratio ≥ 2:1
Lock period expired or confidence jumped 15%+
⚙️ CUSTOMIZATION OPTIONS
Prediction Settings
Prediction Horizon: 5-20 bars (default: 10)
Min Confidence %: 50-90% (default: 65%)
Lock Period: 5-20 bars (default: 10)
Level 2 Analysis Toggles
☑️ Order Flow Analysis
☑️ Volume Profile (VPOC)
☑️ Institutional Footprints
☑️ Order Absorption Detection
☑️ Bid/Ask Imbalance
Display Options
☑️ Dashboard (position: Top Center)
☑️ Order Blocks
☑️ Signals
Font Size: Tiny/Small/Normal
Sector Heatmap Settings
☑️ Show Sector Heatmap
Position: Top Left/Right, Bottom Left/Right
Size: Tiny/Small/Normal
☑️ Show vs SPY (Relative Strength Mode)
Sector Override: Manual sector selection or Auto-Detect
🔔 ALERT CONDITIONS
Create automated alerts for:
🚀 L2 Buy Signal: Bullish setup detected with confidence %
⚠️ L2 Sell Signal: Bearish setup detected with confidence %
🐋 Whale Buy: Institutional buying detected (3x+ volume)
🐋 Whale Sell: Institutional selling detected (3x+ volume)
📊 Absorption: Large order absorption detected
✅ Bull OB Test: Price testing bullish order block
❌ Bear OB Test: Price testing bearish order block
📈 HOW TO USE
For Day Traders
Enable all Level 2 Analysis features
Set Lock Period to 5 bars for faster signals
Monitor Dashboard for real-time delta and imbalance
Watch for 🐋 Whale alerts indicating institutional activity
Use Sector Heatmap to identify strong/weak sectors for momentum plays
For Swing Traders
Increase Lock Period to 15-20 bars for more stable signals
Raise Min Confidence to 70-80% for higher probability setups
Wait for Order Block retests with confirmation
Monitor sector rotation for multi-day trends
Use 2:1+ R:R signals only
For Position Traders
Focus on higher timeframes (4H, Daily)
Set Min Confidence to 80%+ for institutional-grade setups
Combine with fundamental analysis of sector leaders
Use Sector Heatmap to identify sector rotation
Wait for both Order Flow AND Institutional Activity alignment
Reading the Sector Heatmap
Strong outperformance (bright green): Sector leadership, consider long positions
Relative weakness (red): Sector lagging, consider avoiding longs
Divergence: If your stock is red but sector is green → investigate weakness
Convergence: If your stock matches sector → confirmation of trend
🧮 TECHNICAL SPECIFICATIONS
Pine Script Version: 5
Chart Type: Overlay indicator
Calculation Frequency: Every tick
Max Security Calls: 14 (well under 40 limit)
Performance Impact: Optimized with conditional loading
Sectors Covered: 10 major market sectors
Symbols Per Sector: 6 most liquid representatives
Historical Data: VPOC uses 20-bar lookback, Order Blocks track 50 bars
💡 BEST PRACTICES
Combine with Price Action: Use signals as confirmation, not sole entry reason
Respect the Lock: Don't chase trades during lock period - wait for next signal
Watch Order Blocks: Retests of institutional zones often provide best entries
Sector Context Matters: A bullish signal in a weak sector may underperform
Volume Confirmation: Higher volume on signals = higher probability
Multiple Timeframes: Check higher timeframe alignment for better success rate
Risk Management: Always use the calculated stop-loss levels
Filter by R:R: Only take trades with 2:1+ risk-reward ratio
⚠️ IMPORTANT NOTES
Sector Auto-Detection: Works for major US equities; use Manual Override for others
Real-Time Data: Heatmap requires real-time data subscription for accurate updates
Backtesting: Prediction lock mechanism prevents repainting
Market Hours: Most effective during regular trading hours with higher volume
Not Financial Advice: This is a technical analysis tool; always do your own research
🎓 INDICATOR COMPONENTS EXPLAINED
Delta
Positive delta = More buying pressure
Negative delta = More selling pressure
Cumulative delta above SMA = Bullish accumulation
Cumulative delta below SMA = Bearish distribution
VPOC (Volume Point of Control)
Price level with highest traded volume
Acts as magnetic level for price action
Bullish when price > VPOC
Bearish when price < VPOC
Order Blocks
Price zones where institutions placed large orders
Bullish OB: Support zone from institutional buying
Bearish OB: Resistance zone from institutional selling
Retests often provide optimal entry points
Absorption
Large volume + small price movement = order absorption
Indicates institutional player absorbing market orders
Often precedes reversals or consolidation
🚀 GETTING STARTED
Add to Chart: Click "Add to Favorites" and apply to any chart
Choose Your Symbol: Works on stocks, indices, ETFs
Customize Settings: Adjust confidence threshold and lock period to your style
Position Heatmap: Move to preferred corner (default: Bottom Right)
Set Alerts: Create alerts for L2 Buy/Sell signals
Monitor Dashboard: Watch for signal updates and metrics
Execute Trades: Follow signals with proper risk management
📊 COMPATIBLE WITH
US Equities: All NASDAQ, NYSE, AMEX stocks
Major Indices: SPY, QQQ, DIA, IWM
ETFs: Sector ETFs, commodity ETFs
Timeframes: 1min to Daily (optimized for 5min-1H)
Market Conditions: Trending and ranging markets
🛡️ RISK DISCLAIMER
Trading involves substantial risk of loss. Past performance is not indicative of future results. This indicator is a technical analysis tool and should not be used as the sole basis for trading decisions. Always use proper risk management, position sizing, and stop losses. The creator is not responsible for any trading losses incurred using this indicator.
📞 SUPPORT & UPDATES
Regular updates with new features and improvements
Bug fixes and performance optimizations
Community feedback integration
Follow for update notifications
🏆 WHY CHOOSE LEVEL 2 ORDER FLOW ORACLE™?
✅ Institutional-Grade Analysis: Tools previously available only to professional traders
✅ Multi-Factor Confirmation: 8-factor scoring eliminates false signals
✅ Real-Time Sector Context: Understand market rotation in real-time
✅ No Repainting: Prediction lock mechanism ensures historical signals don't change
✅ Complete Trading System: Entry, target, stop - everything calculated automatically
✅ Visual Clarity: Clean dashboard and heatmap for quick decision making
✅ Customizable: Adjust to your trading style and risk tolerance
✅ Professional Support: Regular updates and improvements
Transform your trading with institutional-grade order flow analysis. Add Level 2 Order Flow Oracle™ to your favorites today! 🎯📈
Tags: Order Flow, Volume Profile, VPOC, Institutional Trading, Smart Money, Delta, Sector Rotation, Heatmap, Market Scanner, Level 2, Bid Ask Imbalance, Order Blocks, ICT, Supply Demand, Footprint Chart, Accumulation Distribution, Whale Tracking
Level 2 Order Flow Oracle# 🔮 Level 2 Order Flow Oracle™
## Overview
The Level 2 Order Flow Oracle is an institutional-grade predictive indicator that analyzes market microstructure, order flow dynamics, and institutional footprints to generate high-probability trading signals. Unlike traditional indicators that only show historical data, this system predicts future price movements with confidence-scored projections and locks predictions to prevent whipsaw signals.
## 🎯 Core Features
### 1. **Advanced Order Flow Analysis**
- **Delta Tracking**: Real-time cumulative buy vs. sell volume
- **Aggressive Order Detection**: Identifies large absorption zones via wick analysis
- **Delta Divergence**: Detects when buying/selling pressure diverges from price action
- **Bidirectional Flow Measurement**: Tracks momentum shifts in real-time
### 2. **Bid/Ask Imbalance Detection**
- **Close Position Analysis**: Proxy for Level 2 bid/ask pressure
- **Imbalance Scoring**: EMA-smoothed pressure indicators
- **Strong Imbalance Alerts**: Triggered on high-volume confirmations
- **Market Depth Simulation**: Replicates order book behavior
### 3. **Volume Profile (VPOC)**
- **Automatic VPOC Calculation**: Finds price levels with highest volume concentration
- **Price Magnetism**: Identifies levels where price gravitates
- **Distance Tracking**: Shows percentage distance from key volume nodes
- **Support/Resistance Zones**: Volume-based S/R levels
### 4. **Institutional Footprint Detection**
- **Whale Detection**: Identifies 3x+ average volume with directional bias
- **Iceberg Order Recognition**: Detects hidden institutional orders
- **Absorption Analysis**: High volume + low price movement = big players
- **Smart Money Divergence**: Distribution/accumulation detection
### 5. **Order Block Tracking**
- **Bullish Order Blocks**: Marks institutional support zones
- **Bearish Order Blocks**: Identifies institutional resistance levels
- **Order Block Tests**: Alerts when price retests these critical levels
- **Visual Markers**: Dotted lines showing active order blocks
### 6. **Prediction Lock Mechanism**
- **Stable Predictions**: Locks signals for 10 bars (configurable) to prevent flip-flopping
- **Confidence-Based**: Only updates on 15%+ confidence improvement
- **Countdown Timer**: Shows bars remaining on current prediction
- **Risk/Reward Filter**: Only displays signals with 2:1+ R:R ratio
### 7. **Multi-Factor Scoring System (0-100%)**
Combines 8 analysis layers with weighted scoring:
- **Trend Analysis (20%)**: Multi-timeframe EMA alignment
- **Order Flow (25%)**: Delta, aggressive orders, cumulative flow
- **Bid/Ask Imbalance (15%)**: Level 2 pressure indicators
- **Institutional Activity (20%)**: Whale detection, iceberg orders
- **Volume Profile (10%)**: VPOC positioning
- **Absorption (10%)**: Order absorption events
- **Pattern Recognition (10%)**: Exhaustion, continuation, reversal patterns
- **Momentum (10%)**: RSI, MACD, Money Flow Index
### 8. **Compact Dashboard**
Minimal screen space with maximum information:
- Signal direction (BULL/BEAR/WAIT)
- Confidence percentage
- Lock countdown timer
- Target & Stop prices
- Risk/Reward ratio
- Delta (order flow balance)
- Bid/Ask imbalance status
- Institutional activity alerts
- Absorption detection
- VPOC distance
- Order block tests
- Volume status
- RSI & MFI values
## 📊 How It Works
### Signal Generation Process:
1. **Data Collection**: Analyzes price, volume, and order flow across 8 dimensions
2. **Scoring**: Each factor contributes to bullish/bearish score (0-100)
3. **Confidence Calculation**: Normalizes scores to probability percentage
4. **Lock Mechanism**: Prediction locks when confidence threshold met
5. **Risk Validation**: Ensures minimum 2:1 Risk/Reward ratio
6. **Signal Display**: Shows entry with confidence % and R:R ratio
### Prediction Lock Logic:
- Predictions lock for specified period (default: 10 bars)
- Only updates if new signal has 15%+ higher confidence
- Prevents signal flip-flopping in choppy conditions
- Countdown shows bars remaining on current prediction
## 🎓 How to Use
### **Best Timeframes:**
- **1-minute**: For scalping with 10-minute predictions
- **5-minute**: For day trading with 50-minute predictions
- **15-minute**: For swing entries with 2.5-hour predictions
### **Entry Rules:**
✅ Wait for 🚀 **STRONG BUY** or ⚠️ **STRONG SELL** signal
✅ Check CONF is 65%+ (higher = better)
✅ Verify R:R ratio is 2:1 or better
✅ Confirm with dashboard metrics:
- DELTA should align with signal direction
- INSTIT showing whale activity in same direction
- VOL should be ↑ or 🔥 (not ❄️ LOW)
- RSI not in extreme overbought/oversold
✅ Enter immediately after signal appears
### **Exit Rules:**
✅ **Take Profit**: At TARGET price shown in dashboard
✅ **Stop Loss**: At STOP price (typically 1x ATR)
✅ **Early Exit**: If opposite signal appears
✅ **Confidence Drop**: If CONF falls below 60% mid-trade
### **Dashboard Interpretation:**
| Metric | Meaning |
|--------|---------|
| **SIGNAL** | Current prediction: 📈 BULL / 📉 BEAR / ⏸ WAIT |
| **CONF** | Prediction confidence (aim for 70%+) |
| **LOCK** | Bars remaining before prediction can change |
| **TARGET** | Take profit price level |
| **STOP** | Stop loss price level |
| **R:R** | Risk/Reward ratio (minimum 2:1) |
| **DELTA** | Order flow balance (+ = buying, - = selling) |
| **IMBALNC** | 🔵 BID = strong buying / 🔴 ASK = strong selling |
| **INSTIT** | 🐋 BUY/SELL = institutional orders detected |
| **ABSORB** | ✓ = Large orders being absorbed |
| **VPOC** | Distance from high-volume price magnet |
| **OB TEST** | Testing bullish/bearish order block |
| **VOL** | 🔥 High / ↑ Above avg / ━ Normal / ↓ Low |
| **RSI** | Momentum (>70 overbought / <30 oversold) |
| **MFI** | Money flow (>70 distribution / <30 accumulation) |
### **Signal Strength Levels:**
**🚀 STRONG BUY** (Green label):
- 5+ confirmations aligned
- High confidence (65%+)
- Volume confirmation
- R:R ratio met
- Best entries!
**⚠️ STRONG SELL** (Red label):
- 5+ confirmations aligned
- High confidence (65%+)
- Volume confirmation
- R:R ratio met
- Best entries!
## ⚙️ Settings
### **Prediction Engine:**
- **Prediction Horizon**: Number of bars to predict (5-20, default: 10)
- **Min Confidence %**: Threshold for signal generation (50-90%, default: 65%)
- **Lock Period**: Bars to lock prediction (5-20, default: 10)
### **Level 2 Analysis:**
- **Order Flow Analysis**: Enable/disable delta tracking
- **Volume Profile (VPOC)**: Enable/disable VPOC calculation
- **Institutional Footprints**: Enable/disable whale detection
- **Order Absorption Detection**: Enable/disable absorption analysis
- **Bid/Ask Imbalance**: Enable/disable imbalance tracking
### **Display:**
- **Dashboard**: Show/hide metrics panel
- **Order Blocks**: Show/hide order block lines
- **Signals**: Show/hide buy/sell labels
- **Font Size**: tiny / small / normal (affects dashboard only)
## 🎯 Best Practices
### **DO:**
✅ Use on liquid markets (stocks, forex, crypto with good volume)
✅ Trade only when confidence >70% for better win rate
✅ Respect the stop loss (typically 1x ATR)
✅ Check multiple dashboard metrics before entry
✅ Use during active market hours (avoid low volume periods)
✅ Wait for prediction to lock before entering
✅ Combine with support/resistance analysis
### **DON'T:**
❌ Trade during sideways/choppy markets
❌ Ignore the risk/reward ratio (never <2:1)
❌ Enter when VOL is ❄️ LOW
❌ Override the stop loss
❌ Trade against strong INSTIT signals
❌ Enter when LOCK is about to expire (wait for new signal)
❌ Use on extremely low timeframes (<1 min) or high timeframes (>1D)
## 📈 Strategy Examples
### **Scalping Strategy (1-min chart):**
1. Wait for 🚀 signal with 70%+ confidence
2. Enter immediately
3. Exit at TARGET or within 10 bars
4. Use tight stops (1x ATR)
### **Day Trading Strategy (5-15 min chart):**
1. Wait for 🚀 signal with 65%+ confidence
2. Confirm with DELTA + INSTIT alignment
3. Enter on confirmation
4. Hold to TARGET or opposite signal
5. Trail stop after 1:1 R:R achieved
### **Swing Trading Strategy (1H-4H chart):**
1. Wait for 🚀 signal with 75%+ confidence
2. Confirm with multiple order block tests
3. Check VPOC alignment
4. Enter with wide stops (2x ATR)
5. Hold to TARGET or opposite signal on higher TF
## 🔔 Alerts Available
Set up these alerts for automated notifications:
- 🚀 **L2 Buy Signal**: Strong bullish prediction locked
- ⚠️ **L2 Sell Signal**: Strong bearish prediction locked
- 🐋 **Whale Buy**: Institutional buying detected
- 🐋 **Whale Sell**: Institutional selling detected
- 📊 **Absorption**: Large order absorption event
- ✅ **Bull OB Test**: Price testing bullish order block
- ❌ **Bear OB Test**: Price testing bearish order block
## ⚠️ Important Notes
### **Limitations:**
- This is a **predictive tool**, not a crystal ball
- No indicator is 100% accurate - always use risk management
- Works best in **trending or volatile markets**
- Less effective during **low volatility** or **sideways consolidation**
- Requires **adequate volume** for institutional detection
### **Risk Management:**
- Never risk more than 1-2% of capital per trade
- Always use the provided stop loss
- Consider using smaller position sizes when confidence <75%
- Avoid trading during news events or low liquidity periods
### **Backtesting Recommended:**
- Test on your specific market/timeframe for 2+ weeks
- Paper trade before using real capital
- Track win rate, average R:R, and drawdowns
- Adjust confidence threshold based on results
## 🏆 Ideal For:
✅ Day traders seeking high-probability setups
✅ Scalpers who need quick, stable predictions
✅ Swing traders looking for institutional confirmation
✅ Order flow traders transitioning from Level 2 platforms
✅ Traders who want multi-confirmation signals
✅ Anyone tired of flip-flopping indicators
## 📚 Technical Details
- **Pine Script Version**: v5
- **Chart Type**: Overlay indicator
- **Max Lines**: 500 (for order blocks and predictions)
- **Max Labels**: 100 (for signals)
- **Calculation Method**: Real-time tick-by-tick analysis
- **Repainting**: NO - predictions lock and do not repaint
## 💡 Pro Tips
1. **Higher confidence = Higher win rate**: Be patient for 75%+ signals
2. **Volume is king**: Never trade on ❄️ LOW volume
3. **Institutional confirmation**: Best trades have 🐋 activity
4. **VPOC as magnet**: Price often returns to VPOC
5. **Order block tests**: Some of the highest probability setups
6. **Lock period matters**: Longer locks = more stable predictions
7. **Dashboard tells the story**: Learn to read all 18 metrics quickly
## 🤝 Support & Updates
This indicator is actively maintained. Future updates may include:
- Additional pattern recognition
- Machine learning prediction layer
- Multi-timeframe analysis
- Custom alert messages
- Heatmap visualization
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## ⚖️ Disclaimer
This indicator is for educational and informational purposes only. It does not constitute financial advice. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult with a licensed financial advisor before making trading decisions.
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**Version**: 1.0
**Author**:
**License**: Mozilla Public License 2.0
**Category**: Order Flow Analysis, Predictive Indicators
**Tags**: order flow, level 2, institutional, prediction, volume profile, VPOC, delta, whale detection
---
If you find this indicator valuable, please give it a 👍 boost and leave a comment with your feedback!
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## 📝 **Release Notes (for version updates):**
```
VERSION 1.0 - Initial Release
✨ New Features:
- Advanced order flow delta tracking
- Institutional footprint detection (whale orders, iceberg orders)
- Volume Profile (VPOC) calculation
- Bid/Ask imbalance analysis
- Order block marking and testing
- Prediction lock mechanism (10 bars)
- Multi-factor scoring system (8 layers)
- Compact 18-metric dashboard
- Risk/Reward ratio filtering
- 7 customizable alerts
- Arrow-style prediction line
🎯 Optimized For:
- Stocks, Forex, Crypto, Futures
- Timeframes: 1m to 4H
- Active market hours
- Trending and volatile conditions
Session Dominance Profile [Pointalgo]Session Dominance Profile is a visual volume-distribution tool that shows which global trading session (Asia, London, or New York) dominates price activity across different price levels within a defined historical range.
The indicator builds a horizontal volume profile using candle close prices and volume, then classifies each price level by the session that contributed the highest volume.
How It Works :
The script analyzes a configurable lookback period
Price range is divided into multiple horizontal bins
Volume is accumulated per price level
Each bin is split into three session buckets:
Asia Session (Yellow)
London Session (Blue)
New York Session (Red)
The session with the highest volume at that price level determines the color
This results in a Session-based Dominance Profile, helping traders visually identify:
Where major sessions were most active
Session-specific acceptance or rejection zones
Potential intraday and swing reaction areas
Practical Use Cases :
Identify price levels dominated by a specific session
Understand session rotation and participation
Combine with:
Market structure
Support & resistance
VWAP or moving averages
Useful for intraday, scalping, and swing trading
Inputs Explained:
Lookback – Number of historical bars used to build the profile
Resolution – Number of price bins (higher = more detail)
Fixed Width (Bars) – Maximum horizontal width of the profile
Offset (Bars) – Distance of the profile from the current bar
Profile Direction – Left-to-Right or Right-to-Left rendering
Session Time Reference:
All sessions are calculated using UTC time.
Important Notes:
This indicator is visual and analytical only
It does not generate buy or sell signals
No repainting: the profile is calculated on the last bar only
Designed for educational and research purposes
Disclaimer:
This script does not provide financial advice.
Trading involves risk, and past volume behavior does not guarantee future results.
Always confirm signals using additional analysis and proper risk management.
