OPEN-SOURCE SCRIPT

Structural Inefficiency Radar [JOAT]

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Structural Inefficiency Radar [JOAT]

Introduction

Structural Inefficiency Radar measures regression fair value, residual z-score, path asymmetry, volatility clustering, and repair/extension force.

This open-source indicator is designed as a context tool, not a standalone trading system. It focuses on explaining the current market state with restrained visuals and confirmed-bar logic where signals are used.

สแนปชอต

Core Concepts

1. Regression Fair Value

A linear regression spine represents statistical fair value.

2. Residual Z-Score

Distance from fair value is normalized by residual standard deviation.

3. Path Asymmetry

Upward and downward path movement are compared to detect directional distortion.

4. Repair and Extension Force

Deviation, slope, asymmetry, and clustering determine whether price is extending or repairing.

Pine Script®


Features

  • Fair-value spine
  • Inner and outer inefficiency bands
  • Residual z-score
  • Repair and extension scoring
  • E+ and E- labels plus repair markers


Input Parameters

  • Regression and residual windows
  • Deviation gate
  • Repair quality gate
  • Cooldown
  • Bands, candles, and HUD toggles



How to Use This Script

Use the spine and bands to frame structural stretch. Extension labels indicate directional inefficiency; gold markers indicate fair-value repair.

Limitations

  • The script uses historical OHLCV data and cannot know future prices.
  • Signals and states can be late during fast reversals because confirmed-bar logic is used to reduce repainting.
  • Model outputs should be interpreted with market context, risk controls, and independent analysis.
  • No visual state should be treated as a certain trade outcome.


Originality Statement

SIR is original in combining regression residuals, path asymmetry, clustering, repair force, and extension force.

Disclaimer

This indicator is provided for educational and informational purposes only. It is not financial advice, investment advice, or a recommendation to buy or sell any financial instrument. All calculations are derived from historical market data and may produce inaccurate readings in some market conditions. No indicator can predict future market behavior. Use proper risk management and independent judgment.

-Made with passion by jackofalltrades


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