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업데이트됨 SWIFTEDGE DAX
DAX Intraday ATR Bias Levels
Overview
This indicator is designed for intraday traders focusing on the DAX (GER40). It visualizes the relationship between market noise and directional trends by anchoring to the Frankfurt Open (09:00 CET) and projecting dynamic levels based on the asset's current volatility (Average True Range).
The Logic Behind the 09:00 Anchor
The 09:00 CET timestamp marks the official opening of the Xetra exchange, bringing the highest surge in volume and liquidity to the DAX. By fixing the "anchor point" at this specific moment, the indicator establishes an objective baseline for the day’s price action, filtering out the lower-volume noise from the overnight sessions.
Key Features & Methodology
The system utilizes a 14-day Average True Range (ATR) to calculate and plot levels that adapt to changing market environments:
Standard Targets (TP1 - 0.2x ATR): Represents the most frequent daily expansion levels.
Trend Targets (TP2 & TP3 - 0.4x & 0.6x ATR): Visualizes extended levels typically reached during high-conviction trend days or periods of increased volatility.
Median MAE (Maximum Adverse Excursion): The orange dotted lines represent statistical "normal" retracement zones. These lines help traders distinguish between a standard pullback and a potential trend failure. By visualizing the median MAE, traders can remain patient during minor fluctuations.
Visual Guide
Gray Line: Frankfurt Open Price (09:00).
Green Lines (Upward): Projected targets for Long-bias scenarios.
Red Lines (Downward): Projected targets for Short-bias scenarios.
Orange Dotted Lines: Statistical retracement thresholds (0.15 for long / 0.18 for short bias).
How to Use
This tool is intended as a visual decision-support system. It helps traders identify:
When a breakout from the open is statistically "overstretched."
Where to expect potential pullbacks (MAE) before a target is reached.
Objective profit-taking zones based on actual market volatility rather than fixed point values.
Disclaimer: This tool is for educational and analytical purposes only and does not constitute financial advice.
Overview
This indicator is designed for intraday traders focusing on the DAX (GER40). It visualizes the relationship between market noise and directional trends by anchoring to the Frankfurt Open (09:00 CET) and projecting dynamic levels based on the asset's current volatility (Average True Range).
The Logic Behind the 09:00 Anchor
The 09:00 CET timestamp marks the official opening of the Xetra exchange, bringing the highest surge in volume and liquidity to the DAX. By fixing the "anchor point" at this specific moment, the indicator establishes an objective baseline for the day’s price action, filtering out the lower-volume noise from the overnight sessions.
Key Features & Methodology
The system utilizes a 14-day Average True Range (ATR) to calculate and plot levels that adapt to changing market environments:
Standard Targets (TP1 - 0.2x ATR): Represents the most frequent daily expansion levels.
Trend Targets (TP2 & TP3 - 0.4x & 0.6x ATR): Visualizes extended levels typically reached during high-conviction trend days or periods of increased volatility.
Median MAE (Maximum Adverse Excursion): The orange dotted lines represent statistical "normal" retracement zones. These lines help traders distinguish between a standard pullback and a potential trend failure. By visualizing the median MAE, traders can remain patient during minor fluctuations.
Visual Guide
Gray Line: Frankfurt Open Price (09:00).
Green Lines (Upward): Projected targets for Long-bias scenarios.
Red Lines (Downward): Projected targets for Short-bias scenarios.
Orange Dotted Lines: Statistical retracement thresholds (0.15 for long / 0.18 for short bias).
How to Use
This tool is intended as a visual decision-support system. It helps traders identify:
When a breakout from the open is statistically "overstretched."
Where to expect potential pullbacks (MAE) before a target is reached.
Objective profit-taking zones based on actual market volatility rather than fixed point values.
Disclaimer: This tool is for educational and analytical purposes only and does not constitute financial advice.
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dashboard update오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Order-flow and session tooling for BTC — swiftedge.uk/depth
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Order-flow and session tooling for BTC — swiftedge.uk/depth
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.