PINE LIBRARY
NQ Matrix Core Model (BETA) VerA01 260415
NQ Bearish Continuation Matrix From Day High
This indicator maps a structured continuation model derived from the Daily High, plotting predefined downside liquidity levels to help visualize potential reaction zones during bearish expansion.
The model is built around a fixed point-based framework that projects percentage-based levels from the session high, highlighting key areas of interest such as:
Entry zones
Take-profit areas
High-probability reaction levels
Each level is color-coded based on its classification within the model to distinguish between:
Entry zones
Target zones
Structural reaction levels
Designed for discretionary traders focusing on liquidity-based price delivery, session expansion, and continuation moves.
This tool is intended for analysis and educational use only and does not constitute financial advice.
This indicator maps a structured continuation model derived from the Daily High, plotting predefined downside liquidity levels to help visualize potential reaction zones during bearish expansion.
The model is built around a fixed point-based framework that projects percentage-based levels from the session high, highlighting key areas of interest such as:
Entry zones
Take-profit areas
High-probability reaction levels
Each level is color-coded based on its classification within the model to distinguish between:
Entry zones
Target zones
Structural reaction levels
Designed for discretionary traders focusing on liquidity-based price delivery, session expansion, and continuation moves.
This tool is intended for analysis and educational use only and does not constitute financial advice.
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in publications is governed by House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in publications is governed by House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.