OPEN-SOURCE SCRIPT
Atualizado StO Price Action - Gold Timings | Liquidity
Short Summary
- Identifies statistically 5-minute candles (Source: Oanda, M5)
- Classifies them into four intensity levels
- Highlights timing and liquidity concentrations
Full Description
Method
- Analyzes one year of 5-minute candle data
- Compares each candle to its previous candle
- Selects candles with unusually large differences
- Uses either candle range or volume as data source
- Groups selected candles into four levels
- All levels represent above-average activity
Overview
- Designed to detect abnormal intraday expansion
- Highlights moments of aggressive participation
- Works as a timing and liquidity mapping tool
- Can be based on volatility (range) or participation (volume)
- Helps identify recurring high-impact periods
- Level Structure
- 0: Highest expansion or volume spikes
- 1: Very strong expansion
- 2: Strong expansion
- 3: Elevated but moderate expansion
- Each level can be individually enabled or hidden
- Each level has customizable color coding
Usage
- Choose between Range or Volume as primary metric
- Enable only the intensity levels relevant to your strategy
- Use levels to identify high-liquidity windows
- Combine with structure, liquidity sweeps, or order blocks
- Observe clustering behavior across sessions
Future Bars
- Projects statistical timing to next day
- Can hide the current developing period
- Allows small hour shifts to adjust session alignment
Notes
- Does not predict direction, only intensity
- Best used as timing confirmation, not entry signal
- Range mode emphasizes volatility
- Volume mode emphasizes participation
- Particularly useful for session opens and news-driven markets
- Identifies statistically 5-minute candles (Source: Oanda, M5)
- Classifies them into four intensity levels
- Highlights timing and liquidity concentrations
Full Description
Method
- Analyzes one year of 5-minute candle data
- Compares each candle to its previous candle
- Selects candles with unusually large differences
- Uses either candle range or volume as data source
- Groups selected candles into four levels
- All levels represent above-average activity
Overview
- Designed to detect abnormal intraday expansion
- Highlights moments of aggressive participation
- Works as a timing and liquidity mapping tool
- Can be based on volatility (range) or participation (volume)
- Helps identify recurring high-impact periods
- Level Structure
- 0: Highest expansion or volume spikes
- 1: Very strong expansion
- 2: Strong expansion
- 3: Elevated but moderate expansion
- Each level can be individually enabled or hidden
- Each level has customizable color coding
Usage
- Choose between Range or Volume as primary metric
- Enable only the intensity levels relevant to your strategy
- Use levels to identify high-liquidity windows
- Combine with structure, liquidity sweeps, or order blocks
- Observe clustering behavior across sessions
Future Bars
- Projects statistical timing to next day
- Can hide the current developing period
- Allows small hour shifts to adjust session alignment
Notes
- Does not predict direction, only intensity
- Best used as timing confirmation, not entry signal
- Range mode emphasizes volatility
- Volume mode emphasizes participation
- Particularly useful for session opens and news-driven markets
Notas de Lançamento
Minor ChangesScript 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.
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.
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.