The indicator introduces a new representation of the previous days, weeks, and months highs & lows ( DWM HL ) with a focus on untapped levels.
It is popularly known that the liquidity is located behind swing points or beyond higher time frames highs/lows (in a sense, an intraday swing point is a day high/low)....
Wikipedia: A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a...
Fractal Break Imbalance / Fair Value Gap (FVG) / Liquidity Void
Order imbalances in either direction, either excess buy or sell orders, reduce liquidity. The market will seek to fill gaps sooner or later. The script marks an imbalance / FVG after a fractal break. It also marks any other imbalance.
Green - Imbalance after fractal break to...
ICT Index Futures Session Lines
The script is based on one of ICT's concepts on trading Index Futures. The script lays out the daily range from an intraday basis.
00:00 - New York Midnight
08:30 – New York Open (News events come out)
12:00/13:00 - New York Lunch (No trade time period)
13:30 - (Algorithm)
16:30 - Close
* The open, high...
This indicator plots those pivots/fractals which have not been taken out by price, whereby showing where are the clusters of highs/lows where stop orders (or liquidity) could be hiding.
This is a fantastic tool for taking reversal trades.
Demand & Supply Zones
This indicator helps to identify large moves driven by institutions.
What qualifies as a zone?
If the price moves (open to close) by more than a certain % in one candle or in a bullish / bearish run of candles, the zone is marked as a Demand or Supply zone .
0.8% is good for Crypto and Forex might be better with 0.4%. Play around with the...
Candles are split into 10 categories based on their volume, and can be changed in the options. By default and in the images, white is very high volume, reds are high volume, yellows are medium volume, greens are low and dark-grey is very low.
Adjustments for scale are included in the options. The Magnitude option is a 10x multiplier, so 1=10, 2=100, 3=1000, etc.,...
The Indicator is supposed to mark the first two hours of the:
Open session of Tokyo stocks market
Open session of the London stocks market
Open session of the NY stocks market
Go to the indicator's settings and set the open hours for your timezone.
Use on 1H timeframe.
The indicator helps to track the percentage loss/gain of the quantity of the asset as a result of LP rebalancing due to price changes.
Calculations are based on the common AMM equation x * y = k.
This is the initial version of the indicator. It is certainly a subject to further improvement. If you have any suggestions send them here at...
This indicator can be used as a simple measure of price action tradability. It's an alternative to volume that focuses on the gaps between close and open candle prices. The bigger the gaps, the more spread and slippage you'll get when trading.