OPEN-SOURCE SCRIPT
Axis Pressure Cartography [JOAT]
Axis Pressure Cartography [JOAT]
Introduction
Axis Pressure Cartography is an open-source normalized pressure oscillator that measures how far price has deviated from a configurable moving average and classifies the resulting state into constructive, compressed, or overheated conditions.
Core Concepts
1. Normalized MA distance
Price is measured against a configurable moving average and normalized against recent maximum deviation so different volatility regimes remain interpretable on the same scale.
2. State persistence
Pressure states are held using a confirmation window rather than flipping instantly on small changes, which reduces noise and creates a more stable regime read.
3. Envelope logic
Pressure envelopes define structural bounds around the oscillator so extreme expansion can be recognized as a separate state from ordinary constructive trend pressure.
Features
Disclaimer
This indicator is educational only. Extreme pressure can persist longer than expected, and compression can resolve in either direction.
Introduction
Axis Pressure Cartography is an open-source normalized pressure oscillator that measures how far price has deviated from a configurable moving average and classifies the resulting state into constructive, compressed, or overheated conditions.
Core Concepts
1. Normalized MA distance
Price is measured against a configurable moving average and normalized against recent maximum deviation so different volatility regimes remain interpretable on the same scale.
2. State persistence
Pressure states are held using a confirmation window rather than flipping instantly on small changes, which reduces noise and creates a more stable regime read.
3. Envelope logic
Pressure envelopes define structural bounds around the oscillator so extreme expansion can be recognized as a separate state from ordinary constructive trend pressure.
Features
- Normalized pressure oscillator and signal
- Compression, expansion, and overheated-state classification
- Envelope rails and pressure background tint
- Compact institutional dashboard
- Confirmed alerts for flips, releases, and exhaustion transitions
Disclaimer
This indicator is educational only. Extreme pressure can persist longer than expected, and compression can resolve in either direction.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
The AI Trading Ecosystem, Built to win trades 📈
Get Full Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Get Full Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.