OPEN-SOURCE SCRIPT

Tape Pressure Pulse [ZOM]

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Tape Pressure Pulse [ZOM] is a lower-panel tape pressure monitor built to read effort, directional pressure, absorption, and ignition without drawing over the price chart.

What it shows:

- A normalized signed tape pulse derived from candle location, relative volume, and pressure smoothing.
- A bias rail that tracks whether pressure is sustaining above or below zero.
- A subtle effort meter for volume participation.
- Scored ignition markers when pressure rotates or expands with effort.
- Scored absorption markers when high effort produces wick rejection with limited price progress.
- Heat-wash pane coloring to make pressure regimes readable at a glance.

This script is intentionally designed as a different visual archetype from overlay zone tools. It works best as a lower-panel confirmation layer beside price action, liquidity levels, or existing execution systems.

The model uses price, wick structure, relative volume, ATR-normalized progress, and candle-location pressure. It does not use live order book, broker flow, or exchange-level footprint data.

Signals are contextual and should be combined with market structure and risk controls. This script is for research and education, not standalone financial advice.

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