OPEN-SOURCE SCRIPT
HTF S&D Zones
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.
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.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Tatanka Trading | Futures Market Structure Automated Auction Theory & ML Levels for ES & NQ.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Tatanka Trading | Futures Market Structure Automated Auction Theory & ML Levels for ES & NQ.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.