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HTF S&D Zones

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This indicator is a comprehensive Supply and Demand engine designed to identify and track significant price levels from a Higher Timeframe (HTF) onto your current chart. It features a dynamic scoring system and automated lifecycle management to filter out weak levels and focus on high-probability zones.

Core Functionalities -

Multi-Factor Scoring Engine (0-100): Every zone is assigned a real-time score based on its initial formation and subsequent price action:

Departure Strength: Measures how explosively price moved away from the zone.

Volume Confirmation: Evaluates relative volume at the time of the zone's creation.

Zone Tightness: Thinner zones are weighted more heavily for higher precision.

Freshness & Age: Bonus points are awarded to untested zones, with a gradual decay for older ones.

Dynamic Lifecycle & Mitigation:

Test Tracking: Automatically counts "touches" (mitigations). Zones fade in visibility as they are tested and are deleted once they reach a user-defined test limit or fall below a minimum score.

Polarity Flipping: If a zone is breached by a candle close, it can optionally "flip" (e.g., Supply becomes Demand) rather than being deleted, maintaining its historical significance as a support/resistance flip.

On-Chart Dashboard: A real-time table that sorts active zones by score, displaying critical data like price level, test count, and volume ratio.

Visual Intelligence:

Transparency Scaling: Stronger, higher-scoring zones appear bold, while weak or exhausted zones become increasingly transparent.

Proximity Highlighting: Zones brighten and borders thicken when price enters the alert distance of a high-score level.

Usage -

Volatile Assets (NQ/ES): Increase the Min Departure (×ATR) and Edge Padding to filter out market noise and account for price "wicking" through levels.

Clean Charts: Set the Min Score threshold (e.g., 50) to automatically hide low-probability or exhausted zones.

Trend Alignment: Use the dashboard to identify Fresh (●) zones for high-probability reversals or Flipped (⟲) zones for S/R flip entries.

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