Day Trade Setup - CISD Finder
Day Trade Setup - CISD Finder helps traders identify and monitor potential Changes in State of Delivery (CISD). It marks reference levels derived from candle opening prices, waits for a confirmed candle close beyond those levels, and displays the accumulated volume associated with each setup.
The indicator combines configurable swing detection, directional candle sequences, dashed reference lines, volume labels, optional confirmation markers, and alert conditions.
Its purpose is to make the reference level and confirmation process visible and consistent. A displayed level represents a condition being monitored; it does not automatically mean that CISD has already been confirmed.
How CISD levels are calculated
The indicator groups consecutive candles by their direction:
The opening price of the first candle in a qualifying sequence becomes the CISD reference level.
For CISD +, the indicator uses the opening price of a bearish candle sequence. Confirmation occurs when a subsequent candle closes strictly above that reference level.
For CISD -, the indicator uses the opening price of a bullish candle sequence. Confirmation occurs when a subsequent candle closes strictly below that reference level.
For example, if a qualifying bearish sequence starts at 2,650.00, its CISD + level is 2,650.00. A candle closing at 2,651.00 confirms the bullish CISD. A wick above 2,650.00 with a close below it does not qualify. A close exactly at 2,650.00 also does not qualify.
Two detection modes are available
Swing sensitivity and confirmation timing
The default swing settings are:
Left bars controls the number of preceding candles used to identify a potential swing. Confirmation bars controls the number of following candles required before the swing becomes available to the indicator.
With the default settings, a swing is recognized only after six subsequent candles have closed. Increasing these settings generally selects broader swings, while increasing confirmation bars also increases the detection delay.
Once a swing is confirmed, the indicator draws its reference line back to the source candle. This identifies where the level originated; it does not mean the level was available in real time at that earlier candle.
If the selected reference level was already crossed by a closing price before swing confirmation, that candidate is discarded. The indicator does not generate a retrospective alert for that earlier crossing.
Reading the lines and labels
The chart displays the latest selected level for each direction:
Pending levels extend to the right as new bars arrive. Once a level is confirmed, its endpoint is fixed relative to the confirmation candle.
Each source candle can arm a level only once. A confirmed level cannot repeatedly trigger simply because price crosses it again. A newer qualifying level can replace the previous level on the same side.
Levels also have a configurable lifetime. The default is 500 bars from the source candle, after which the level is removed.
Optional display settings can add a ✓ to confirmed labels and place a directional marker on the actual confirmation candle. These options help distinguish pending levels from confirmed events.
Volume displayed with each CISD level
The Vol text shows the total chart volume accumulated from the source candle through the latest closed candle, including both endpoints.
While a level is pending, its volume updates as additional candles close. When CISD is confirmed, the confirmation candle’s volume is included, and the total is frozen. Subsequent candles do not increase that confirmed total.
The calculation also includes candles between the source and the time a delayed swing is recognized, so volume accumulation does not begin only when the line first appears.
Volume display options include:
If any candle within the measured interval has missing volume data, the result displays N/A rather than presenting an incomplete sum as a complete total.
The value represents the chart’s supplied volume in its native units. It is not a separate measurement of buyer-initiated volume, seller-initiated volume, or volume delta.
Appearance controls
Users can customize the color of each CISD direction, line width, right-side extension, and label size. Additional options show the reference price, confirmation check mark, and confirmation-candle markers.
The default appearance uses white dashed lines and simple labels, with volume text enabled.
Alert conditions
The indicator provides three selectable alert conditions:
Directional alert messages include the symbol, timeframe, confirmed reference price, and closing price. Users must create their desired alerts through TradingView’s alert interface.
Detection and confirmation are evaluated on closed candles. An intrabar price movement or wick crossing alone does not trigger confirmation.
Historical interpretation
The distinction between a level’s source candle, the time the level becomes available, and its eventual confirmation is essential when reviewing historical charts.
Swing-based levels require the configured confirmation delay, even though their lines are drawn back to their origins. Optional signal markers remain on the actual confirmation candles; they are not shifted back to the source candles.
CISD confirmation describes a specific closing-price event relative to the selected level. It does not guarantee that price will continue in the confirmed direction.
Developed by DayTradeSetup.
© 2026 DayTradeSetup. All rights reserved.
The indicator combines configurable swing detection, directional candle sequences, dashed reference lines, volume labels, optional confirmation markers, and alert conditions.
Its purpose is to make the reference level and confirmation process visible and consistent. A displayed level represents a condition being monitored; it does not automatically mean that CISD has already been confirmed.
How CISD levels are calculated
The indicator groups consecutive candles by their direction:
- A bullish candle closes above its opening price.
- A bearish candle closes below its opening price.
- A Doji closes at its opening price. It ends the current sequence and does not start a new
The opening price of the first candle in a qualifying sequence becomes the CISD reference level.
For CISD +, the indicator uses the opening price of a bearish candle sequence. Confirmation occurs when a subsequent candle closes strictly above that reference level.
For CISD -, the indicator uses the opening price of a bullish candle sequence. Confirmation occurs when a subsequent candle closes strictly below that reference level.
For example, if a qualifying bearish sequence starts at 2,650.00, its CISD + level is 2,650.00. A candle closing at 2,651.00 confirms the bullish CISD. A wick above 2,650.00 with a close below it does not qualify. A close exactly at 2,650.00 also does not qualify.
Two detection modes are available
- Swing reversals — default: Filters the reference levels using confirmed Swing Highs and Swing Lows. At a confirmed Swing High, the indicator searches from the pivot candle forward for a bearish candle sequence to establish CISD +. At a confirmed Swing Low, it searches for a bullish candle sequence to establish CISD -. If the pivot candle already belongs to the required sequence, the opening price of that sequence’s first candle is used, even when the sequence started before the pivot. If the required candle direction has not appeared yet, the indicator waits for it.
- Every candle sequence: Creates a new reference level whenever a new bullish or bearish candle sequence begins, without requiring a confirmed swing. A new bearish sequence supplies CISD +, while a new bullish sequence supplies CISD -. This mode can replace levels more frequently because it does not apply the swing filter.
Swing sensitivity and confirmation timing
The default swing settings are:
- Swing: left bars = 6
- Swing: confirmation bars = 6
Left bars controls the number of preceding candles used to identify a potential swing. Confirmation bars controls the number of following candles required before the swing becomes available to the indicator.
With the default settings, a swing is recognized only after six subsequent candles have closed. Increasing these settings generally selects broader swings, while increasing confirmation bars also increases the detection delay.
Once a swing is confirmed, the indicator draws its reference line back to the source candle. This identifies where the level originated; it does not mean the level was available in real time at that earlier candle.
If the selected reference level was already crossed by a closing price before swing confirmation, that candidate is discarded. The indicator does not generate a retrospective alert for that earlier crossing.
Reading the lines and labels
The chart displays the latest selected level for each direction:
- CISD +: The reference level being monitored for a close above.
- CISD -: The reference level being monitored for a close below.
Pending levels extend to the right as new bars arrive. Once a level is confirmed, its endpoint is fixed relative to the confirmation candle.
Each source candle can arm a level only once. A confirmed level cannot repeatedly trigger simply because price crosses it again. A newer qualifying level can replace the previous level on the same side.
Levels also have a configurable lifetime. The default is 500 bars from the source candle, after which the level is removed.
Optional display settings can add a ✓ to confirmed labels and place a directional marker on the actual confirmation candle. These options help distinguish pending levels from confirmed events.
Volume displayed with each CISD level
The Vol text shows the total chart volume accumulated from the source candle through the latest closed candle, including both endpoints.
While a level is pending, its volume updates as additional candles close. When CISD is confirmed, the confirmation candle’s volume is included, and the total is frozen. Subsequent candles do not increase that confirmed total.
The calculation also includes candles between the source and the time a delayed swing is recognized, so volume accumulation does not begin only when the line first appears.
Volume display options include:
- Showing or hiding the volume text.
- Using abbreviated values such as K, M, or B.
- Displaying the value without abbreviation.
- Viewing a more detailed value in the label tooltip.
- Viewing each side’s volume in the Data Window.
If any candle within the measured interval has missing volume data, the result displays N/A rather than presenting an incomplete sum as a complete total.
The value represents the chart’s supplied volume in its native units. It is not a separate measurement of buyer-initiated volume, seller-initiated volume, or volume delta.
Appearance controls
Users can customize the color of each CISD direction, line width, right-side extension, and label size. Additional options show the reference price, confirmation check mark, and confirmation-candle markers.
The default appearance uses white dashed lines and simple labels, with volume text enabled.
Alert conditions
The indicator provides three selectable alert conditions:
- CISD + confirmed: Triggers when a monitored bullish reference level is confirmed.
- CISD - confirmed: Triggers when a monitored bearish reference level is confirmed.
- Any CISD confirmed: Triggers when either direction confirms.
Directional alert messages include the symbol, timeframe, confirmed reference price, and closing price. Users must create their desired alerts through TradingView’s alert interface.
Detection and confirmation are evaluated on closed candles. An intrabar price movement or wick crossing alone does not trigger confirmation.
Historical interpretation
The distinction between a level’s source candle, the time the level becomes available, and its eventual confirmation is essential when reviewing historical charts.
Swing-based levels require the configured confirmation delay, even though their lines are drawn back to their origins. Optional signal markers remain on the actual confirmation candles; they are not shifted back to the source candles.
CISD confirmation describes a specific closing-price event relative to the selected level. It does not guarantee that price will continue in the confirmed direction.
Developed by DayTradeSetup.
© 2026 DayTradeSetup. All rights reserved.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。