Opening Range with Timezone & Points Opening range indicator on 1min , which can use for breakout strategy
Indicators and strategies
NY Open Range 15M BreakoutThe first candle's movements at the New York open help identify the low and high of the first 15-minute candle, as well as a breakout level.
Druckenmiller 2nd Order ROC [Acceleration]How to Read It (The User Guide)
This indicator doesn't just tell you if the price is going up or down; it tells you if the energy behind the move is growing or dying.
1. The Zero Line (The "Engine Check")
Think of the Zero Line as the difference between a car accelerating and coasting.
Crossing Above 0: The engine just kicked in. Buyers are stepping on the gas. Even if the candle is red, the internal momentum has turned bullish.
Action: Look for Longs.
Crossing Below 0: The engine is off. The car might still be rolling forward (price going up), but it's slowing down.
Action: Tighten Stops / Look for Shorts.
2. The Colors (The "Phase" Check)
🟢 Bright Green (Positive Acceleration):
Meaning: Price is moving up faster than before.
Action: Hold. This is the strongest part of the trend.
🟢 Faded Green (Positive Deceleration):
Meaning: Price is still moving up, but the "pop" is gone. It's struggling.
Action: Caution. Watch for a top.
🔴 Bright Red (Negative Acceleration):
Meaning: Panic. Price is crashing faster every candle.
Action: Hold Short / Stay Out.
🔴 Faded Red (Negative Deceleration):
Meaning: The selling is drying up. The crash is slowing down.
Action: Watch for a Bounce.
3. The "Druckenmiller Divergence" (The Money Shot)
This is the setup Stan Druckenmiller looks for—when the indicator disagrees with the price.
Bullish Reversal: Price makes a Lower Low (looks bad), BUT the Indicator makes a Higher Low (less red).
Translation: Sellers are exhausted. A rip your face off rally is imminent.
Bearish Reversal: Price makes a Higher High (looks good), BUT the Indicator makes a Lower High (less green).
Translation: Buyers are exhausted. The trend is hollow and about to collapse.
Pro Tip: Use this on Weekly or Monthly charts to find major market turns, just like Druckenmiller does. On 5-minute charts, it will be noisy.
TTM Squeeze (ThinkOrSwim style)This script is a TradingView implementation of the classic TTM Squeeze indicator popularized in ThinkOrSwim.
It is not a line-by-line replica of the proprietary ThinkOrSwim study, but it follows the same core logic and purpose:
detecting volatility compression and release, combined with directional momentum, to anticipate strong price moves.
How it works
1. Squeeze condition (volatility)
Bollinger Bands (20, 2.0) are compared against Keltner Channels (20, 1.5).
When Bollinger Bands are inside the Keltner Channel, volatility is compressed (squeeze ON).
When Bollinger Bands expand outside the Keltner Channel, volatility is released (squeeze OFF).
This is shown by the dots on the zero line:
Red dots → Squeeze ON (low volatility, market coiling)
Green dots → Squeeze OFF (volatility expanding, potential move)
2. Momentum histogram
Momentum is calculated using a linear regression of price relative to a dynamic equilibrium level (similar to ThinkOrSwim’s internal logic).
The histogram shows both direction and acceleration.
Histogram colors:
Bright green → Momentum above zero and increasing (bullish acceleration)
Dark green → Momentum above zero but decreasing (bullish deceleration)
Bright red → Momentum below zero and decreasing (bearish acceleration)
Dark red → Momentum below zero but increasing (bearish deceleration)
How to use it
The indicator is best used in three steps:
Wait for red dots (squeeze ON) → volatility compression.
Observe the histogram direction building during the squeeze.
When dots turn green (squeeze OFF), look for entries in the direction of the histogram, ideally aligned with market structure.
This indicator is not meant to be traded mechanically.
It works best when combined with:
price structure
support/resistance
higher-timeframe context
Notes
Due to platform differences, results may vary slightly from ThinkOrSwim on individual bars.
Conceptually and operationally, the indicator fulfills the same role and trading logic as the original TTM Squeeze.
KCP TEMA 50 & VWAP Trend [Dr.K.C.Prakash]This indicator displays TEMA 50 High and Low lines to capture fast-reacting dynamic support and resistance, along with VWAP as an intraday reference. It helps identify short-term trend direction and price positioning relative to volume-weighted market value.
Market DashboardMarket Dashboard - Trend vs Chop Detection
A comprehensive intraday market internals dashboard that displays five key metrics to help traders quickly identify whether the market is in a trending or sideways/rotational regime.
METRICS DISPLAYED:
1. VOLD Ratio - Up Volume / Down Volume ratio for NYSE
• > +2.0 = Strong buying pressure (green)
• < -2.0 = Strong selling pressure (red)
• Between -2 and +2 = Neutral/rotational (gray)
2. RVOL - Relative Volume compared to same time over past N days
• > 1.5 = Above-average participation (orange)
• < 0.7 = Below-average participation (blue)
• Otherwise neutral (gray)
3. Breadth % - Net percentage of advancing vs declining issues
• > +30% = Broad upside participation (green)
• < -30% = Broad downside participation (red)
• Between -30% and +30% = Mixed/rotational (gray)
4. ADR Used % - Session range utilization vs 5-day Average Daily Range
• > 80% = Extended move, potential exhaustion (orange)
• < 30% = Compressed, room to move (blue)
• Otherwise neutral (gray)
5. TICK - NYSE TICK Index with sentiment label
• > +600 = Strong uptick pressure (green)
• < -600 = Strong downtick pressure (red)
• Between -600 and +600 = Neutral (gray)
HOW TO READ:
Trending Day Signals:
• VOLD > ±2.5 + Breadth > ±50% + TICK sustained in one direction + RVOL > 1.5 + ADR climbing = Strong trend, trade with pullbacks
Sideways/Chop Signals:
• VOLD oscillating ±2 + Breadth flipping around 0% + TICK whipping + RVOL < 1.2 + ADR mean-reverting = Range-bound, fade extremes or stand aside
CUSTOMIZATION:
• Adjustable ADR length (default 5 days)
• Adjustable RVOL lookback period (default 10 days, 30 bars)
• Table position selector (9 positions available)
Perfect for ES, NQ, and other index futures traders who need quick regime assessment at a glance.
M5/H4 Candle Box In order to quickly identify a single H4 candle on an M5 timeframe, I built an indicator that visually aggregates the corresponding lower-timeframe candles.
Dual-Scale MACDDual-Scale MACD is a dual-timeframe momentum indicator that displays a scaled short-term MACD together with a long-term MACD in the same pane.
The short-term MACD can be amplified by a configurable scale ratio, allowing its momentum structure to be visually aligned with the long-term MACD.
All EMA parameters are fully configurable, making this indicator suitable for experimentation with multi-cycle momentum resonance.
Features
Two independent MACD systems (short-term + long-term)
Fully configurable EMA parameters
Adjustable scale ratio for visual alignment
Clean histogram + top-layer signal line
Use cases
Multi-cycle momentum comparison
Trend confirmation & divergence analysis
Studying MACD resonance across time scales
This indicator is intended for analytical and educational purposes.
Apex Wallet - Opening Range Breakout (ORB) & Session LevelsOverview The Apex Wallet Opening Range Breakout (ORB) is a professional intraday tool designed to capture the volatility of the first minutes of the trading session. By defining a clear range at the market open, this indicator provides traders with high-probability breakout levels and psychological targets based on mathematical extensions of the initial move.
Core Mechanics
Customizable Session: Easily define your preferred opening range duration (e.g., first 5, 15, or 30 minutes) and session start time.
Dynamic Timezone Adjustment: Includes a built-in UTC offset feature to ensure session times align perfectly with your local market, regardless of where you are trading from.
Automated Level Tracking: The script automatically identifies and locks the high and low of the specified opening period.
Key Features:
Psychological Mid-Lines: Calculates the 50% median of the range (ORB Mid) as a pivot point for trend strength.
Advanced Volatility Extensions: Plots internal and external targets (High+Mid, Low+Mid) to identify potential exhaustion zones or secondary breakout levels.
Intraday Optimization: Designed specifically for low-timeframe traders (1m to 15m) looking for clear execution zones at the bell.
How to use: Wait for the opening range to be established. A breakout above the ORB High often indicates bullish dominance, while a break below the ORB Low suggests bearish momentum. Use the internal extension lines as take-profit targets or areas to move your stop-loss to breakeven.
Apex Wallet - Adaptive Commodity Channel Index (CCI) & HTF TrendOverview The Apex Wallet Commodity Channel Index (CCI) is a professional-grade momentum oscillator designed to identify cyclical trends and overbought/oversold conditions with an integrated trend-filtering engine. This script enhances the classic CCI by adding multi-timeframe trend analysis and adaptive calculation modes.
Adaptive Trading Presets The indicator automatically recalibrates its internal periods based on your selected Trading Mode:
Scalping: Uses fast-response settings (CCI 14, Signal 6, Trend 50) for lower timeframes.
Day Trading: Standard balanced settings (CCI 20, Signal 9, Trend 100).
Swing: Long-term filters (CCI 34, Signal 14, Trend 200) to capture major market waves.
Key Features:
Higher Timeframe (HTF) Trend Bias: Optional background shading based on a customizable Higher Timeframe (e.g., 1H trend while trading on 5m) to ensure you always trade in the direction of the "Big Picture".
Market Trend Coloring: The CCI Signal line dynamically changes color (Green/Red/Gray) based on local market momentum relative to its moving average.
Visual Clarity: Features standard CCI level bands (+100, 0, -100) with professional aesthetics for easy reading.
How to Use:
Select your preferred Trading Mode in the settings.
Enable HTF Background to visualize the dominant trend from a higher timeframe.
Look for CCI crosses or signal line color changes while the background confirms the overall market bias.
Apex Wallet - Adaptive Average Directional Index (ADX) & Trend DOverview The Apex Wallet Average Directional Index (ADX) is an enhanced version of the classic Wilder’s DMI/ADX system, designed to filter market noise and pinpoint trend strength with precision. Unlike standard indicators, this script features an adaptive engine that recalibrates its internal logic based on your specific trading style.
Adaptive Trading Engine The core strength of this script is its three-mode preset system:
Scalping: Fast-response settings (ADX 7) for quick scalp opportunities on low timeframes.
Day-Trading: Balanced settings (ADX 14) optimized for intraday sessions.
Swing-Trading: High-filter settings (ADX 21) designed to capture major market waves.
Visual Intelligence & Labels To ensure clarity, the script features a dynamic labeling system directly on the ADX line:
Trend Strength Zones: Clear horizontal markers for "Consolidation," "Trending," and "Extremely Strong" phases.
Real-time Status Labels: The ADX line changes color and displays its current state (Bullish, Bearish, or Consolidation) directly on the chart.
Optimized UI: No sidebar panels to clutter your view; all essential information is integrated into the oscillator window.
How to Use:
Select your Trading Mode in the settings.
Monitor the ADX color: Green indicates a strong bullish trend, Red indicates a strong bearish trend, and White/Orange signals consolidation.
Use the labels to confirm if the market is currently in a high-conviction trend phase or sideways range.
Gei-IndicatorFor trading and for fundaTradingView, combining three critical layers of market data into a single, high-level summary.
Key Features:
Fundamental Analysis: It pulls real-time financial data (P/E Ratio, Free Cash Flow, Revenue, EBIT, and Dividend Yield) to evaluate the company's health. It even includes a "Tech Mode" toggle to adjust valuation expectations for growth stocks.
Technical Indicators: It monitors price momentum and trend direction using the RSI (14) and a Moving Average crossover (MA20/MA50).
Market Benchmarking: It calculates and displays the Year-To-Date (YTD) performance of the SPY (S&P 500 ETF), allowing you to see at a glance if the current stock is outperforming the broader market.
Dynamic UI: All data is neatly organized in a color-coded table (Green/Orange/Red) at the top-right of your chart, making it easy to perform a "quick health check" without leaving the main price action.mental analysis
Consecutive Up/Down Bar LabelsThe likelihood of mean reversion increases with consecutive days in a particular direction.
This indicator plots a signal, with increasing brightness, once a stock has had 3 or more days moving in one direction, and peaks at 7 days (i.e. if it has moved in the same direction for more than 7 days, the signal remains at the same max intensity).
The signals are plotted as dots above (for up days) or below (for down days) the bar.
Indicator PackThis indicator suite generates automated signals based on technical analysis, including price action, momentum, and volume behavior. It is designed to help traders interpret market conditions faster and more consistently through visual markers and a dashboard-style view. Signals are provided for informational and educational purposes only and should not be used as a standalone trading system. This script is not financial advice and not a buy/sell recommendation. Always confirm with your own analysis and risk management. You are solely responsible for all trading decisions and outcomes.
JBCs Volatility Projection ConeJBC's Volatility Projection Cone – Professional Risk Management
IMPORTANT NOTE:
JBC's Volatility Projection Cone is the most important tool in our ecosystem. While our other indicators tell you when and where to trade, this tool tells you where your limits are. It is the mathematical backbone for any trader who wants to survive in the market in the long term.
Why JBC's Volatility Projection Cone?
Most traders fail not because of bad entries, but because of poor risk management and unrealistic profit-taking. JBC's Volatility Projection Cone uses a highly complex, proprietary algorithm based on statistical standard deviations (sigma levels) to calculate the probable price range of the future.
Mathematical precision instead of guesswork: Instead of setting stops and targets arbitrarily, this tool projects a “volatility cone” onto the chart. This shows you the range in which the price is likely to move, with a statistical probability of up to 95%. In internal analyses, traders were able to reduce their stop-out rate due to market noise by an average of 40% by using the cones, as stops are now outside the statistical “noise zone.”
The indicator is suitable for all assets, but has been specifically optimized for the mean reversion properties and volatility cycles of the forex market to identify exaggerations at an early stage.
Advantages of JBC's Volatility Projection Cone
Professional take-profit & stop-loss levels
The Cone provides you with clear, mathematically calculated zones for your profit-taking (0.5 to 2.0 sigma). You know exactly when a trade has statistically reached its maximum potential for the day and when it is time to secure your profit.
Avoidance of “noise stops”
Many traders are stopped out because their stop loss is too close to normal market noise. JBC's Volatility Projection Cone visualizes this area and helps you place your stop loss in “safe waters” – where the market will only reach it if the scenario has really changed.
Dynamic adjustment to market phases
In phases of high volatility, the cone automatically expands; in calm phases, it contracts. This allows you to always adjust your position size and targets to the current market situation instead of working with rigid pip values.
Institutional design & clarity
With exclusive design modules such as “Crystalline Pro” or “Platinum Stealth,” the tool offers visual clarity that greatly accelerates the analysis process. You can immediately see whether the price is in a statistically extreme situation (overextension).
Who is this indicator suitable for?
● The responsible beginner: You want to act like a pro from the start and manage your risk based on statistics rather than emotions.
● The experienced day trader: You need a tool that helps you set realistic daily targets.
● The forex specialist: You take advantage of daily volatility cycles and want to know when a currency pair is statistically “at the end of its strength.”
● The risk manager: For anyone who understands that risk management is the only way to achieve consistent profits.
The professional ecosystem (Extensions)
The Volatility Projection Cone is the control center, but should be used in conjunction with other tools:
1. JBC's Hybrid Trend-Persistent Kalman (HTPK): Use the HTPK for direction and the Cone to determine the target of that movement.
2. JBC's Adaptive Stochastic: Find the entry point with stochastics as soon as the price reaches the outer limits of the cone and a reversal becomes likely.
3. JBC's Liquidity Vacuum Pro: Combine statistical sigma levels with real liquidity zones for unbeatable hit rates.
Basic functional concepts
● Statistical projection: Calculation of probability spaces based on current volatility.
● Multi-sigma levels: Representation of different risk levels (conservative to aggressive).
● Real-time adjustment: The algorithm recalculates with every tick to respond to sudden news or market changes.
● No repainting: The historical projection zones remain in the chart for analysis of previous trades.
Indicator settings
● Anchor Method: Choose whether the cone should start at the current bar or a manual point.
● Sigma Sensitivity: Adjust the mathematical basis for the width of the cone.
● TP Level Selection: Decide which sigma level (0.5, 1.0, 1.5, or 2.0) should be displayed as your primary target.
● Design Styles: Choose from a variety of professional themes for maximum clarity.
RISK NOTICE & DISCLAIMER (IMPORTANT)
No trading recommendation: All data generated by the indicator is for educational purposes only. This is not investment advice. All trading is at your own risk.
Disclaimer: We accept no liability for losses. Losses are normal in trading. Only trade with capital that you can afford to lose.
Not designed as a standalone system: This tool is intended for risk management and must be combined with a trading strategy and other analysis tools.
CFTC RULE 4.41 – Hypothetical Performance:
Hypothetical results have limitations. Simulated results do not correspond to actual trading. Backtest results are no guarantee of future profits. “Backtest performances don't matter” – Success comes from strict risk management in the live market.
Indicator SetThis indicator suite generates automated signals based on technical analysis, including price action, momentum, and volume behavior. It is designed to help traders interpret market conditions faster and more consistently through visual markers and a dashboard-style view. Signals are provided for informational and educational purposes only and should not be used as a standalone trading system. This script is not financial advice and not a buy/sell recommendation. Always confirm with your own analysis and risk management. You are solely responsible for all trading decisions and outcomes.
Fimathe Sniper Dashboard - Final Pro🎯 FIMATHE SNIPER DASHBOARD V6 – 70% Win Rate & 9.5 Profit Factor!
OVERVIEW Stop following lagging indicators and start mapping the market with institutional precision. The Fimathe Sniper Dashboard V6 is the definitive professional tool for traders who demand stability, accuracy, and high-performance results. This surgical mapping system is designed to eliminate market noise and highlight high-probability trend expansions.
WHY THIS IS A GAME-CHANGER While most scripts fail in volatile conditions, the V6 Elite Edition has been stress-tested across multiple cycles with staggering results:
Insane Accuracy: Achieved a 70.31% Win Rate on the 45-minute timeframe.
Institutional Profit Factor: Performance metrics show an incredible 9.554 Profit Factor on the 30-minute timeframe.
Rock-Solid Stability: Engineered with a remarkably low drawdown of 0.19%, ensuring maximum capital protection.
ELITE FEATURES
Dual Formation Logic: Choose between Fixed Time (e.g., 10:00-10:30 BRT) or Candle Count to define your Reference Channel and Neutral Zone with 100% accuracy.
10-Level Sniper Expansion: Automatically projects up to 10 levels of targets (1000%), allowing you to ride the most explosive trends in EUR/JPY, XAU/USD, and beyond.
Dynamic Visual Dashboard: Features high-definition labels and shaded formation zones (Blue Shaded Area) to identify the exact candles used for the day's calculation.
Zero-Lag UI: Persistent labels anchored to current price levels for instant manual execution—no more measuring pips manually.
OPERATIONAL GUIDE
Blue Zone: Identify the starting formation zone automatically highlighted on your chart.
Mapping: The script plots the Reference Channel (Blue) and Neutral Zone (Yellow).
The Trigger: Wait for a candle to close above/below the expansion levels.
Targets: Aim for Target 2 (200%) as your primary objective, highlighted for maximum visibility.
Stop guessing. Start mapping like a pro. Download the Elite Edition now and join the elite group of traders using the most precise Fimathe mapping tool on TradingView.
GT Model IndicatorThis indicator will help you detect 15m FVGs on NQ. After setting the alert, you can check the chart to see if the FVG aligns with the Bias. This way, when the price reenters this FVG, we can check the LTF for an IFVG that aligns with the Bias. If you find this FVG interesting, set a manual alert on the FVG again, let the price return, and see if you can initiate a continuation trade towards the clear DOL.
You can also specify a time window for the alerts to arrive.
This indicator is for "NQ1!"
We will update this Script allong the way, so stay tuned, more to come.
RSI Momentum SignalRSI Momentum Signal is a technical analysis indicator designed to highlight potential momentum-based reversal points using the Relative Strength Index (RSI).
This script combines short-term RSI momentum behavior with basic candle structure to visualize possible bullish and bearish reaction zones directly on the chart.
How It Works
A fast RSI-based momentum calculation is used to color price bars when short-term momentum reaches extreme levels.
Buy and Sell signals are generated when momentum conditions align with RSI overbought or oversold levels and basic candle direction.
All signals are plotted visually on the chart to support discretionary analysis.
Intended Use
This indicator is not a standalone trading system.
It is designed to be used as a supportive analytical tool together with other technical analysis methods such as trend structure, price action, and support/resistance levels.
Disclaimer
This script does not provide financial advice and does not guarantee any trading results.
All trading decisions remain the sole responsibility of the user.
Use this indicator for educational and analytical purposes only.
VSA Patterns & Liquidity SweepDescription:
Overview This script creates a synergy between Volume Spread Analysis (VSA) and Institutional Liquidity concepts. The primary problem with standard VSA pattern detection is that high-volume rejection candles often appear randomly during strong trends, leading to false reversal signals.
To solve this, this indicator combines a custom Liquidity Persistence Algorithm with Strict VSA Pattern Recognition. The logic dictates that a VSA Reversal pattern (like a Shakeout or Upthrust) is statistically significant only if it occurs immediately following a "Sweep" of a key structural pivot (Liquidity Zone).
CONCEPTS & CALCULATIONS
1. The Liquidity Filter (Structure) Instead of using standard support/resistance, this script detects "Resting Liquidity" using Swing Highs and Swing Lows (ta.pivothigh / ta.pivotlow).
Persistence Logic: A unique feature of this script is "Level Persistence." When price pierces a pivot level, the level does not disappear immediately. It remains active for a user-defined period (default 5 bars). This accounts for "Stop Hunts" or "Double Taps" where price lingers beyond a level before reversing.
The Filter: The script records the timestamp of the last "Sweep" (when price breached a pivot). If a VSA pattern forms, the script calculates the delta between the Pattern Bar and the Last Sweep Bar. If the gap is within the tolerance threshold (e.g., 3 bars), the pattern is validated.
2. VSA Pattern Recognition (Volume & Shape) The script detects four specific VSA anomalies. These are not standard candlestick patterns; they are defined by rigid Volume and Wick-to-Body ratios:
Shakeout (SO): Detects a "Smart Money" trap where price is driven down to trigger stops and then reversed.
Logic: Requires rising volume (Vol > Vol > Vol ) + a massive lower wick (default >40% of range) + a small upper wick.
Upthrust (UT): The bearish inverse of a Shakeout.
Logic: High volume rejection of higher prices with a long upper wick (>40% of range).
Two Bar Reversal (TBR): A reversal pattern that compares the current bar's close/low against the previous bar's high/close.
Logic: Strict checks on Close > High (Bullish) combined with volume validation.
Engulfing Volume Reversal (EVR): A custom variation of the engulfing candle.
Logic: It requires the engulfing wick to exceed the body size by a ratio of 0.5 (configurable), ensuring the move is volatility-driven, not just a small candle engulfing a smaller candle.
HOW TO USE
Wait for Liquidity Lines: The script automatically plots Red (Resistance) and Teal (Support) lines from pivots.
Watch for Sweeps: Wait for price to trade through these lines (the line will turn dashed or fade, indicating a sweep).
Pattern Confirmation:
Diamonds (SO/UT): Indicate high-volatility rejections.
Triangles (TBR): Indicate immediate structure shifts.
Squares (EVR): Indicate volume-backed engulfing moves.
Alerts: The script includes a "Preview" mode for live trading but alerts are hard-coded to fire only on Bar Close to prevent repainting/false signals.
SETTINGS
Candle Shape: Users can relax or tighten the definition of a "Long Wick" (default 40%) to fit different asset volatilities (e.g., Crypto vs. Forex).
Liquidity Persistence: Adjust how long a level remains "active" after being broken.
Liquidity Filter On/Off: Traders can disable the filter to see raw VSA patterns for backtesting purposes.
Neeson Mayer MultipleIntegrating the Mayer Multiple Indicator: A Practical Guide for Market Analysis
Introduction
The Mayer Multiple indicator is a specialized tool designed to assess asset valuations relative to their long-term historical trends. By comparing current price action against a long-term simple moving average, this indicator provides a quantitative framework for identifying potential overbought and oversold conditions. This article explains the rationale behind its design, operational mechanics, practical applications, and unique value proposition.
Purpose and Functionality
The primary function of the Mayer Multiple indicator is to measure how far current prices deviate from a long-term moving average, expressed as a ratio. This measurement helps traders and investors identify:
Extreme valuation levels that may signal potential reversal points
Long-term trend strength and sustainability
Market psychology shifts between fear and greed cycles
Originally popularized in Bitcoin analysis, the indicator's principles apply to any volatile asset class where mean reversion tendencies exist alongside strong trend characteristics.
Operational Principles
The indicator operates through several interconnected components:
Core Calculation Mechanism
At its heart, the indicator calculates the Mayer Multiple by dividing the current closing price by a configurable simple moving average (default: 200 periods). This ratio represents how many times the current price exceeds its long-term average, providing an immediate visual reference for valuation extremes.
Multi-Level Threshold System
Four configurable thresholds create distinct market condition zones:
Optimal Buy Zone (default: 0.7) - Historically extreme undervaluation
Undervalued Zone (default: 1.0) - Moderate undervaluation
Overvalued Zone (default: 2.4) - Moderate overvaluation
Optimal Sell Zone (default: 3.5) - Historically extreme overvaluation
These thresholds create a graduated scale of market conditions rather than binary signals.
Visual Signal Hierarchy
A sophisticated color-coding system prioritizes different signal types based on their significance:
White/Gray: Neutral territory (between undervalued and overvalued thresholds)
Aqua: Entering undervalued territory (potential accumulation zone)
White: Reaching optimal buying conditions (historically rare opportunities)
Yellow: Entering overvalued territory (potential distribution zone)
Orange: Reaching optimal selling conditions (historically rare extremes)
Green: Emerging from optimal buying conditions (momentum shift confirmation)
Red: Retreating from optimal selling conditions (momentum reversal confirmation)
This hierarchy helps users distinguish between entry signals, exit signals, and confirmation signals.
Integration Rationale
The integration of these components follows a logical progression:
Mathematical Foundation
The moving average provides a stable reference point that filters out short-term noise while maintaining sensitivity to long-term trend changes. The ratio format normalizes values across different price levels and timeframes, enabling cross-asset comparisons.
Behavioral Finance Alignment
The threshold system corresponds to documented market psychology patterns. The extreme thresholds (optimal buy/sell) represent points where fear or greed typically reach maximum intensity, while the moderate thresholds represent early warning levels.
Progressive Signal Detection
The indicator tracks both threshold breaches and retreats from extreme zones. This dual-tracking approach captures not only when conditions become extreme but also when they begin to normalize—often the most actionable moments for position adjustments.
Component Synergy
The indicator's components work together through a continuous feedback loop:
Calculation Engine: Continuously computes the core ratio, serving as the foundation for all subsequent analysis.
Threshold Comparator: Compares the current ratio against user-defined thresholds, categorizing market conditions in real-time.
Signal Generator: Identifies specific events (threshold crossings, zone entries/exits) and assigns appropriate visual representations.
Visual Renderer: Displays the information through colored histograms, reference lines, and data tables, creating an intuitive interface.
Alert System: Monitors for predefined conditions and notifies users of significant developments without requiring constant screen monitoring.
This integrated approach transforms raw price data into structured, actionable information while maintaining mathematical rigor and visual clarity.
Practical Application Guidelines
Parameter Customization
Users should adjust parameters based on:
Asset volatility (higher volatility assets may require wider thresholds)
Timeframe (longer timeframes may benefit from longer moving averages)
Personal risk tolerance (conservative traders may use tighter thresholds)
Signal Interpretation Framework
Zone-Based Analysis: Focus on which zone the indicator occupies rather than chasing individual data points
Confirmation Seeking: Use extreme zone signals (white/orange) as alerts for further analysis rather than automatic trade triggers
Momentum Assessment: Observe how quickly the indicator moves between zones as a measure of trend strength
Complementary Tools
The Mayer Multiple works best when combined with:
Volume analysis to confirm participation during extreme readings
Momentum indicators to identify potential divergence
Support/resistance levels for precise entry/exit timing
Fundamental analysis for context validation
Distinctive Attributes
Original Implementation Features
Progressive Color System: Unlike binary indicators, this implementation provides graduated signals through a carefully prioritized color hierarchy.
Dual-Signal Detection: The indicator captures both threshold breaches and retreats, offering insights into momentum shifts rather than just static levels.
Contextual Display: The integrated data table provides immediate access to key metrics without cluttering the chart space.
Customizable Framework: All thresholds and calculation periods are adjustable, allowing adaptation to different market regimes and trading styles.
Practical Innovation
The indicator's design emphasizes usability through:
Immediate visual comprehension via color coding
Clear separation between alert conditions and confirmation signals
Balanced information density (sufficient data without overload)
Flexible integration with existing trading workflows
Responsible Usage Considerations
Empirical Perspective
Historical analysis suggests that assets frequently revert toward their long-term moving averages, but the timing and extent of such reversions vary significantly. The indicator identifies statistical extremes rather than predicting immediate price movements.
Risk Management Integration
Users should:
Treat extreme readings as risk management triggers rather than directional forecasts
Consider position sizing based on distance from the moving average
Implement stop-loss strategies regardless of indicator readings
Avoid allocating excessive weight to any single indicator
Performance Realism
The indicator does not guarantee profitable outcomes. Its value lies in providing structured information about valuation extremes, which must be interpreted within broader market context and individual risk parameters.
Conclusion
The Mayer Multiple indicator represents a thoughtfully integrated approach to long-term valuation analysis. By combining mathematical rigor with behavioral insights and practical visualization, it provides traders with a structured framework for assessing market extremes. Its modular design allows customization while maintaining core analytical integrity, and its emphasis on graduated signals helps avoid the oversimplification common in technical indicators. When used as part of a comprehensive trading methodology with appropriate risk management, it can contribute valuable perspective to the decision-making process.
T21 0DTE GEX + Top OI LevelsDescription: This indicator calculates real-time 0DTE Gamma Exposure (GEX) using the Black-Scholes model and identifies key Open Interest (OI) levels. It is designed to help traders visualize market sentiment, potential gamma walls, and support/resistance zones based on options data.
Key Features:
0DTE GEX Histogram: Displays Net Gamma Exposure for each strike based on implied volatility and time to expiration (16:00 NY).
Green Bars (Right): Net Positive Gamma (Dealer Long/Support).
Red Bars (Left): Net Negative Gamma (Dealer Short/Volatility).
Top OI Levels: Automatically ranks and highlights the top Call and Put OI levels.
Visual Ranking: Uses variable line thickness and label sizes to distinguish the most significant OI levels.
Manual Data Input: Requires manual entry of Open Interest data (Format: Ticker, Strike, CallOI, PutOI).
How to Use:
Enter your options chain data into the Data Input field.
Adjust Implied Volatility (IV) in the settings to match current market conditions.
Use the GEX Histogram to spot potential gamma squeezes or pinning areas.
Use OI Lines as key support and resistance levels for intraday trading.
TradeX ORB SniperTradeX ORB Sniper — Multi-Range Opening Breakout Framework
TradeX ORB Sniper is an invite-only Opening Range Breakout (ORB) framework built to analyze how price behaves around multiple predefined session ranges. It is not a bundle of generic presets — every mode and filter is developed in-house and operates under a unified internal logic engine.
Purpose & Core Design
The ORB Sniper contains four internally coded operating modes, each linked to a different opening range model. Depending on market conditions, these may reference:
Pre-market session range
5-minute opening range
15-minute opening range
Volume-adaptive range variations
All modes follow the same rule structure across timeframes, allowing traders to study breakout behavior within a consistent, rule-based environment.
Breakout Highlighting
When price closes above or below the selected range, the script marks that candle in gold/yellow (the “Get Ready Candle”).
This marking is informational only and is intended to visually indicate when price has exited the defined range area.
Zone Projection & Box Mapping
To assist with breakout visualization, the framework projects risk and continuation zones:
Risk Box — derived from the selected opening range
Reward Box — projected continuation area based on range expansion
These projection elements are adjustable, allowing users to control how breakout context is displayed on the chart.
Custom Visual Inputs
All visual components can be customized directly through the settings panel, including:
ORB Mode — switch between V1–V4 range configurations
Risk Box Color — modify the appearance of the risk zone
Reward Box Color — adjust the continuation box color
Get Ready Candle Color — change the breakout candle highlight
Inputs in Status Line — optional display of configuration summary
This allows the framework to adapt to different chart styles and personal preferences.
Development Process
The ORB Sniper was initially developed and tested in Python, where variations in volume, volatility, and technical behavior were iterated to refine range definitions.
The most stable and repeatable rules were then implemented in Pine Script to create a streamlined and consistent breakout framework.
Disclaimer
This is a proprietary, closed-source TradeX Labs tool.
It applies well-known concepts such as opening ranges and volume behavior within an original rule-based structure.
The script is intended for visual analysis only and does not generate trade signals or guarantee performance.
Default settings are provided for demonstration purposes only. Users should configure the framework based on their own instruments and timeframes.
Release Notes — September 14, 2025
TradeX ORB Sniper — Multi-Range Opening Breakout Framework
This invite-only script is a structured ORB framework designed to map price interaction with multiple predefined ranges. It is not composed of generic parameters — all versions and filters are coded in-house and operate through a shared logic engine.
9/14/2025 Update
Two-stage alert system added to improve usability and workflow.
Purpose & Core Design
The ORB Sniper provides four internally coded operating modes, each referencing a distinct opening range model. Depending on market context, these may include:
Pre-market session range
5-minute opening range
15-minute opening range
Volume-adaptive range variations
Each mode follows a consistent rule set across timeframes, allowing traders to observe breakout behavior within a structured framework.
Breakout Highlighting
When price closes beyond the active range, the breakout candle is highlighted in gold/yellow (“Get Ready Candle”).
This highlight serves only as a visual reference for when price has exited the defined range.
Zone Projection & Box Mapping
The framework plots projected risk and continuation zones:
Risk Box — defined from the selected opening range
Reward Box — continuation area derived from range displacement
These projections can be adjusted by the user to customize breakout visualization.
Custom Visual Inputs
Users can modify all visual elements from the settings menu:
ORB Mode — select between V1–V4 range logic
Risk Box Color — adjust risk zone display
Reward Box Color — modify continuation box appearance
Get Ready Candle Color — customize breakout candle highlight
Inputs in Status Line — optional summary shown at the top of the chart
This ensures compatibility with any chart layout or visual theme.
Development Process
The ORB Sniper framework was originally prototyped in Python, where volume, volatility, and technical variations were iterated to improve range logic.
The most effective rules were then implemented into Pine Script to produce a consistent and repeatable breakout model.
Disclaimer
This is an original TradeX Labs proprietary tool.
It uses recognized concepts such as opening ranges and volume behavior within a custom rule-based framework.
It is designed for visual analysis only and does not generate trade signals or guarantee outcomes.
Default configurations are illustrative only. Users should adjust settings to suit their market and timeframe.
