Wave Effort Map [AFD]

Wave Effort Map [AFD] compares total reported volume, price distance and elapsed time between consecutive finalized price waves. It places the latest completed leg beside its immediate predecessor and keeps a separate gray dashed developing leg.
HOW WAVES ARE FORMED
• The detector follows an extreme and waits for a later closed bar to reverse by the selected ATR multiple.
• ATR length sets the volatility lookback; ATR reversal multiple sets the required reversal distance, using the ATR recorded at the extreme.
• A new extreme takes priority over a same-bar reversal.
• The first partial leg is excluded.
• Finalized paths are drawn retrospectively at their measured endpoints after confirmation; the extreme and confirmation can be several bars apart.
WHAT IS MEASURED
• Effort: total reported feed volume over the bars after the starting endpoint through the ending endpoint. It is neither buyer/seller volume nor order-flow delta.
• Result: the absolute distance between endpoint prices.
• Time: elapsed time between endpoint-bar openings, including session gaps, rather than the exact intrabar time of the high or low.
• Bars: the endpoint bar-index difference.
READING THE DISPLAY
• Up legs default to blue and down legs to red. Color describes price direction, not a favorable or unfavorable outcome.
• The visible finalized pair renumbers as Leg 1 and Leg 2.
• Endpoint dots mark the measured start and end of each finalized path; at the shared pivot the newer leg's dot appears on top.
• All Latest values, metric labels and Change values use the latest leg's color; Previous uses its own leg color. Unavailable volume is muted.
• Label spacing adjusts text distance from endpoints. The table supports nine positions.
COMPARISON TABLE
• Latest and Previous carry explicit units.
• Compact shows percentage change; Detailed adds bars, minutes and signed unit changes above the percentages.
• Changes are Latest minus Previous, with percentage change divided by Previous.
• A positive result-distance change means the latest leg covered more price distance; a positive time change means it took longer.
• Price points are raw quoted price units, not a tick/pip count or monetary profit. Volume may be abbreviated K/M/B.
• Grid-representable prices compare by integer tick counts. Off-grid adjusted distances are marked approximate (≈); if input precision cannot resolve a comparison, it says Precision limited.
• Engineering notation preserves tiny or very large nonzero magnitudes.
• A valid unit difference can remain available when a zero baseline makes percentage change unavailable.
VOLUME ICONS
• Optional minus, equals, zero and question-mark icons indicate less volume, equal volume within tolerance, both legs reporting zero, or unavailable volume versus each leg's own preceding finalized leg. More volume has no icon.
• The first complete leg has no comparison; the earlier displayed leg's reference may be outside the visible pair.
• Volume icons, volume unit changes and volume percentages use the same small equality tolerance; a tolerance-equal comparison shows zero units and zero percent.
• Zero reported volume is valid data: two zero-volume legs show Both report zero volume with a 0 icon, while percentage change from zero is N/A. This does not establish that the feed measures actual traded activity.
ALERTS
• Optional finalization alerts describe a completed leg at its confirming bar close; they are off by default.
DEVELOPING VALUES AND DATA LIMITS
• The developing leg updates on closed bars, can extend or be reassigned, and is excluded from the finalized comparison. Its endpoint follows the candidate extreme rather than the latest close.
• Reported volume availability and meaning depend on the symbol and data provider; missing or invalid interval volume makes effort unavailable.
• Feed corrections, session selection, loaded history and detector initialization can change the resulting waves.
• The detector restarts after invalid price/ATR data or an overlong unconfirmed segment.
• Standard time-based candles are required; unsupported charts show a status message.
• Chart and table text can overlap; positions and sizes are manual controls.
Source is released under MPL 2.0; TradingView's open-source reuse rules apply on its platform.
HOW WAVES ARE FORMED
• The detector follows an extreme and waits for a later closed bar to reverse by the selected ATR multiple.
• ATR length sets the volatility lookback; ATR reversal multiple sets the required reversal distance, using the ATR recorded at the extreme.
• A new extreme takes priority over a same-bar reversal.
• The first partial leg is excluded.
• Finalized paths are drawn retrospectively at their measured endpoints after confirmation; the extreme and confirmation can be several bars apart.
WHAT IS MEASURED
• Effort: total reported feed volume over the bars after the starting endpoint through the ending endpoint. It is neither buyer/seller volume nor order-flow delta.
• Result: the absolute distance between endpoint prices.
• Time: elapsed time between endpoint-bar openings, including session gaps, rather than the exact intrabar time of the high or low.
• Bars: the endpoint bar-index difference.
READING THE DISPLAY
• Up legs default to blue and down legs to red. Color describes price direction, not a favorable or unfavorable outcome.
• The visible finalized pair renumbers as Leg 1 and Leg 2.
• Endpoint dots mark the measured start and end of each finalized path; at the shared pivot the newer leg's dot appears on top.
• All Latest values, metric labels and Change values use the latest leg's color; Previous uses its own leg color. Unavailable volume is muted.
• Label spacing adjusts text distance from endpoints. The table supports nine positions.
COMPARISON TABLE
• Latest and Previous carry explicit units.
• Compact shows percentage change; Detailed adds bars, minutes and signed unit changes above the percentages.
• Changes are Latest minus Previous, with percentage change divided by Previous.
• A positive result-distance change means the latest leg covered more price distance; a positive time change means it took longer.
• Price points are raw quoted price units, not a tick/pip count or monetary profit. Volume may be abbreviated K/M/B.
• Grid-representable prices compare by integer tick counts. Off-grid adjusted distances are marked approximate (≈); if input precision cannot resolve a comparison, it says Precision limited.
• Engineering notation preserves tiny or very large nonzero magnitudes.
• A valid unit difference can remain available when a zero baseline makes percentage change unavailable.
VOLUME ICONS
• Optional minus, equals, zero and question-mark icons indicate less volume, equal volume within tolerance, both legs reporting zero, or unavailable volume versus each leg's own preceding finalized leg. More volume has no icon.
• The first complete leg has no comparison; the earlier displayed leg's reference may be outside the visible pair.
• Volume icons, volume unit changes and volume percentages use the same small equality tolerance; a tolerance-equal comparison shows zero units and zero percent.
• Zero reported volume is valid data: two zero-volume legs show Both report zero volume with a 0 icon, while percentage change from zero is N/A. This does not establish that the feed measures actual traded activity.
ALERTS
• Optional finalization alerts describe a completed leg at its confirming bar close; they are off by default.
DEVELOPING VALUES AND DATA LIMITS
• The developing leg updates on closed bars, can extend or be reassigned, and is excluded from the finalized comparison. Its endpoint follows the candidate extreme rather than the latest close.
• Reported volume availability and meaning depend on the symbol and data provider; missing or invalid interval volume makes effort unavailable.
• Feed corrections, session selection, loaded history and detector initialization can change the resulting waves.
• The detector restarts after invalid price/ATR data or an overlong unconfirmed segment.
• Standard time-based candles are required; unsupported charts show a status message.
• Chart and table text can overlap; positions and sizes are manual controls.
Source is released under MPL 2.0; TradingView's open-source reuse rules apply on its platform.
Auction Foundry — see the auction more clearly. Educational tools; not investment advice.
Discord support: discord.gg/df6XEnyGC6
Website: auction-foundry.io
Instagram: instagram.com/AuctionFoundry
X: @AuctionFoundry
Discord support: discord.gg/df6XEnyGC6
Website: auction-foundry.io
Instagram: instagram.com/AuctionFoundry
X: @AuctionFoundry
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.
Auction Foundry — see the auction more clearly. Educational tools; not investment advice.
Discord support: discord.gg/df6XEnyGC6
Website: auction-foundry.io
Instagram: instagram.com/AuctionFoundry
X: @AuctionFoundry
Discord support: discord.gg/df6XEnyGC6
Website: auction-foundry.io
Instagram: instagram.com/AuctionFoundry
X: @AuctionFoundry
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.