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Ciera Manual Pivot xATR Exhaustion Meter
Pivot xATR Exhaustion Meter
The Pivot xATR Exhaustion Meter is a momentum-measurement tool designed to help traders understand how far price has realistically moved from a key pivot using ATR expansion, not emotion.
Instead of guessing whether a move is extended or still developing, this indicator measures price displacement in ATR units (xATR) from a manually selected pivot high or pivot low.
This allows traders to objectively evaluate whether a move is:
Fresh — early expansion phase
Developing — healthy trend continuation
Exhausted — statistically stretched conditions
🔹 How It Works
Enter a pivot high or low price manually (supply/demand, BOS level, swing point, etc.).
The indicator tracks candle close price in real time.
Distance from the pivot is divided by current ATR.
The result is displayed as xATR expansion inside a compact status box.
Because ATR adapts to volatility, the measurement works consistently across all timeframes and market conditions.
🔹 What the States Mean
🟢 FRESH — Move has just begun; continuation probability highest.
🟡 DEVELOPING — Momentum active; trend is maturing.
🔴 EXHAUSTED — Price has expanded significantly; pullback or reaction more likely.
🔹 Intended Use
This tool is designed for traders who work with:
Supply & Demand zones
Market Structure (BOS / CHOCH)
Trend continuation setups
Momentum exhaustion analysis
ATR-based risk management
It helps answer a critical question:
Is price still expanding — or already stretched?
🔹 Key Features
✅ Works on all timeframes
✅ Uses real-time candle close tracking
✅ ATR-normalized movement measurement
✅ Minimal, distraction-free interface
✅ Manual pivot control for trader discretion
✅ Compact top-right display box
🔹 Important Note
This indicator does not generate buy or sell signals.
It is a decision-support tool meant to improve trade management and timing alongside a trader’s existing strategy.
🔧 Best Use Case
Apply after identifying a valid market structure setup to help decide:
When to hold winners
When momentum is fading
When price is statistically extended
The Pivot xATR Exhaustion Meter is a momentum-measurement tool designed to help traders understand how far price has realistically moved from a key pivot using ATR expansion, not emotion.
Instead of guessing whether a move is extended or still developing, this indicator measures price displacement in ATR units (xATR) from a manually selected pivot high or pivot low.
This allows traders to objectively evaluate whether a move is:
Fresh — early expansion phase
Developing — healthy trend continuation
Exhausted — statistically stretched conditions
🔹 How It Works
Enter a pivot high or low price manually (supply/demand, BOS level, swing point, etc.).
The indicator tracks candle close price in real time.
Distance from the pivot is divided by current ATR.
The result is displayed as xATR expansion inside a compact status box.
Because ATR adapts to volatility, the measurement works consistently across all timeframes and market conditions.
🔹 What the States Mean
🟢 FRESH — Move has just begun; continuation probability highest.
🟡 DEVELOPING — Momentum active; trend is maturing.
🔴 EXHAUSTED — Price has expanded significantly; pullback or reaction more likely.
🔹 Intended Use
This tool is designed for traders who work with:
Supply & Demand zones
Market Structure (BOS / CHOCH)
Trend continuation setups
Momentum exhaustion analysis
ATR-based risk management
It helps answer a critical question:
Is price still expanding — or already stretched?
🔹 Key Features
✅ Works on all timeframes
✅ Uses real-time candle close tracking
✅ ATR-normalized movement measurement
✅ Minimal, distraction-free interface
✅ Manual pivot control for trader discretion
✅ Compact top-right display box
🔹 Important Note
This indicator does not generate buy or sell signals.
It is a decision-support tool meant to improve trade management and timing alongside a trader’s existing strategy.
🔧 Best Use Case
Apply after identifying a valid market structure setup to help decide:
When to hold winners
When momentum is fading
When price is statistically extended
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.