OPEN-SOURCE SCRIPT

Unmitigated Cave Diving MTF High Low - BookMap Style Chart

145
快照
快照

Unmitigated Cave Diving MTF High Low - BookMap Style Chart

Introduction
This Pine Script indicator tracks unmitigated higher timeframe highs and lows with a session-aware approach, inspired by KinetiCapital's X D HL Targets.

Built for precision trading on instruments like NQ during extended trading hours (ETH), it visualizes support and resistance levels that have not yet been breached, helping traders identify key price zones for potential reversals or breakouts.

Core Features
The indicator monitors multi-timeframe levels (default 15-minute) and applies intelligent styling based on recency and survival duration:

Most Recent Levels: The 1st and 2nd most recent unmitigated highs and lows are highlighted with distinct colors and widths for quick visual identification

Session Age Tracking: Levels are categorized by how many full trading sessions (1800-1700 NQ ETH) they've survived unmitigated, with "old" levels receiving special highlighting once they exceed your defined threshold

BookMap-Style Visualization: Clean horizontal lines with optional price labels positioned above highs and below lows for minimal chart clutter

Real-Time Summary Table: Displays the four most recent levels with their prices, distance in points from current price, and session age

Mitigation Logic
Levels automatically update when price touches them - high levels are mitigated when price reaches or exceeds them, while low levels are mitigated when price touches or breaks below. Mitigated levels change to a neutral gray color and can optionally be deleted at session end to preserve chart memory.

This tool is particularly valuable for intraday traders who trade around key structural levels and need to understand which unmitigated zones represent the freshest or most significant price memory in the market.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。