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Fractal Manipulation Projections [keypoems]

680
Fractal  Manipulation  Projections  0-30 minutes

This study draws statistical hourly rails that help visualize how far price normally travels during the first half‑hour of each hour.

How it works

On the first bar of every clock hour (New York time) the script records the hourly open.

It then looks up the historical mean (μ) and standard deviations (σ) of (open - low for bearish| high - open for bullish candles) of the first 5 / 10 / 15 / 20 / 25 / 30‑minute candle that followed that open.

Lines are plotted at ±0.5 σ, ±1 σ and ±1.5 σ above and below the open; optional polylines or smooth curves can connect equal‑σ levels.

A small on‑chart table shows the current ±1.5 σ ranges for quick reference.

Data set
Pre‑computed distributions were built from 1‑minute CME Nasdaq‑100 futures (NQ1!) data:

2020‑present for all other hours (default).
2010‑present for the 02:00 hour (optional toggle).

No external data or HTTP requests are used; the script is fully self‑contained.

Inputs
Select which time‑slices (5 m … 30 m) and which σ levels to draw.

Choose straight or Catmull‑Rom curves, colors, line styles, and how many past hours (1‑6) remain visible.

Intended use

These projections do not predict direction or supply trade signals; they simply show where price would lie if it moved a typical ±σ distance from the hourly open. Use them as a contextual volatility gauge alongside your own strategy.

For educational purposes only. Nothing in this script constitutes financial advice. Past performance‑based statistics do not guarantee future results.
版本注释
Changelog:
- Reworked code to be more responsive.
- Added `Asset` option that defaults to General and is the default but can be changed to use specific levels computed for NQ or ES.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。