OPEN-SOURCE SCRIPT
Mirror Dynamic Projection & Regime System
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📊 MIRROR DYNAMIC REGIME SYSTEM
(OBV + Dynamic Fibonacci + Market Structure Model)
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⚠️ DISCLAIMER
This indicator is NOT a prediction tool.
All outputs are based on mathematical models using historical price, volume, and volatility data.
It does NOT guarantee future results and may produce false signals in certain market conditions.
Use at your own risk. This tool must NOT be used as the sole decision-making system for trading.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🧠 SYSTEM LOGIC OVERVIEW
This system is built on 4 core components:
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1) MIRROR EMA STRUCTURE MODEL
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- EMA baseline:
emaBase = EMA(close, length)
- Mirror transformation:
mirror = (2 × EMA) - price
Purpose:
→ Creates a reflective market structure
→ Detects deviation from equilibrium
→ Helps identify trend displacement
━━━━━━━━━━━━━━━━━━━━━━
2) OBV MOMENTUM ENGINE
━━━━━━━━━━━━━━━━━━━━━━
- OBV measures volume pressure:
+ Volume on bullish candles
- Volume on bearish candles
- Smoothed OBV delta is used to detect:
→ Buying pressure
→ Selling pressure
→ Momentum shifts
Purpose:
→ Adds volume confirmation to trend direction
→ Adjusts slope projection strength
━━━━━━━━━━━━━━━━━━━━━━
3) FORWARD PROJECTION MODEL
━━━━━━━━━━━━━━━━━━━━━━
- Trend slope:
slope = EMA change × OBV influence
- Future projection:
midFut = EMA + slope × projection length
Purpose:
→ Estimates forward market direction
→ Builds projected price structure
━━━━━━━━━━━━━━━━━━━━━━
4) DYNAMIC FIBONACCI RISK GRID
━━━━━━━━━━━━━━━━━━━━━━
Fibonacci is NOT used for retracement prediction.
It is used as a dynamic risk segmentation tool inside the projected band.
Band structure:
upperFut = projected resistance zone
lowerFut = projected support zone
Fib levels:
0.236 / 0.382 / 0.500 / 0.618 / 0.786
Formula:
fibLevel = lowerFut + (upperFut - lowerFut) × ratio
Purpose:
→ Market positioning classification
→ Risk distribution mapping
→ Overextension detection
━━━━━━━━━━━━━━━━━━━━━━
📊 RISK ZONE SYSTEM (CORE ENGINE)
Position inside band:
pos = (close - lowerFut) / (upperFut - lowerFut)
Zones:
🟢 0.0 – 0.4 → Low Risk / Accumulation
🟡 0.4 – 0.6 → Neutral / Decision Zone
🔴 0.6 – 1.0 → High Risk / Overheated Zone
━━━━━━━━━━━━━━━━━━━━━━
📌 SYSTEM OUTPUT
This indicator provides:
✔ Market trend structure (Mirror EMA)
✔ Volume-based momentum bias (OBV)
✔ Forward price projection
✔ Dynamic volatility-adjusted Fibonacci grid
✔ Market risk zoning (3-state classification)
━━━━━━━━━━━━━━━━━━━━━━
⚠️ FINAL NOTE
This system is a probabilistic market structure model.
It does NOT predict exact prices or guarantee outcomes.
Always combine with:
→ Risk management
→ Confirmation tools
→ Personal trading strategy
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
END OF DESCRIPTION
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📊 MIRROR DYNAMIC REGIME SYSTEM
(OBV + Dynamic Fibonacci + Market Structure Model)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ DISCLAIMER
This indicator is NOT a prediction tool.
All outputs are based on mathematical models using historical price, volume, and volatility data.
It does NOT guarantee future results and may produce false signals in certain market conditions.
Use at your own risk. This tool must NOT be used as the sole decision-making system for trading.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🧠 SYSTEM LOGIC OVERVIEW
This system is built on 4 core components:
━━━━━━━━━━━━━━━━━━━━━━
1) MIRROR EMA STRUCTURE MODEL
━━━━━━━━━━━━━━━━━━━━━━
- EMA baseline:
emaBase = EMA(close, length)
- Mirror transformation:
mirror = (2 × EMA) - price
Purpose:
→ Creates a reflective market structure
→ Detects deviation from equilibrium
→ Helps identify trend displacement
━━━━━━━━━━━━━━━━━━━━━━
2) OBV MOMENTUM ENGINE
━━━━━━━━━━━━━━━━━━━━━━
- OBV measures volume pressure:
+ Volume on bullish candles
- Volume on bearish candles
- Smoothed OBV delta is used to detect:
→ Buying pressure
→ Selling pressure
→ Momentum shifts
Purpose:
→ Adds volume confirmation to trend direction
→ Adjusts slope projection strength
━━━━━━━━━━━━━━━━━━━━━━
3) FORWARD PROJECTION MODEL
━━━━━━━━━━━━━━━━━━━━━━
- Trend slope:
slope = EMA change × OBV influence
- Future projection:
midFut = EMA + slope × projection length
Purpose:
→ Estimates forward market direction
→ Builds projected price structure
━━━━━━━━━━━━━━━━━━━━━━
4) DYNAMIC FIBONACCI RISK GRID
━━━━━━━━━━━━━━━━━━━━━━
Fibonacci is NOT used for retracement prediction.
It is used as a dynamic risk segmentation tool inside the projected band.
Band structure:
upperFut = projected resistance zone
lowerFut = projected support zone
Fib levels:
0.236 / 0.382 / 0.500 / 0.618 / 0.786
Formula:
fibLevel = lowerFut + (upperFut - lowerFut) × ratio
Purpose:
→ Market positioning classification
→ Risk distribution mapping
→ Overextension detection
━━━━━━━━━━━━━━━━━━━━━━
📊 RISK ZONE SYSTEM (CORE ENGINE)
Position inside band:
pos = (close - lowerFut) / (upperFut - lowerFut)
Zones:
🟢 0.0 – 0.4 → Low Risk / Accumulation
🟡 0.4 – 0.6 → Neutral / Decision Zone
🔴 0.6 – 1.0 → High Risk / Overheated Zone
━━━━━━━━━━━━━━━━━━━━━━
📌 SYSTEM OUTPUT
This indicator provides:
✔ Market trend structure (Mirror EMA)
✔ Volume-based momentum bias (OBV)
✔ Forward price projection
✔ Dynamic volatility-adjusted Fibonacci grid
✔ Market risk zoning (3-state classification)
━━━━━━━━━━━━━━━━━━━━━━
⚠️ FINAL NOTE
This system is a probabilistic market structure model.
It does NOT predict exact prices or guarantee outcomes.
Always combine with:
→ Risk management
→ Confirmation tools
→ Personal trading strategy
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
END OF DESCRIPTION
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Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our 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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our 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.