This is specifically made for super small time frames, 5s , 10s. you might get 1-2 signals on the 5s and 1-2 on the 10s per week so if you load this on your chart and dont see anything its working, this just looks for extremely specific conditions.
This indicator is a sophisticated analysis tool designed to identify potential signs of market exhaustion and reversal points using a blend of adaptive technical metrics, volume dynamics, and price behavior. By leveraging various customizable parameters, the indicator adapts its sensitivity to market conditions, aiming to provide actionable insights across different timeframes and assets.
Key Features: Adaptive Analysis:
Utilizes dynamic adjustments for fast and slow lengths based on volume, volatility (ATR), momentum (RSI), and rate of change (ROC) factors.
Ensures responsiveness to varying market conditions.
Directional Imbalance Detection:
Tracks shifts in up and down volume, calculating directional imbalances and highlighting discrepancies between volume trends and price movements. Dynamic MACD and VIDYA:
Employs adaptive exponential moving averages (EMAs) and a VIDYA calculation to refine trend and momentum detection.
Reversal and Mismatch Signals:
Lower Timeframe Integration: Optionally analyzes lower timeframe volume dynamics for a deeper understanding of up/down volume trends and their relationship to price behavior. Customization Options: Parameters for base fast/slow lengths and signal smoothing.
Toggleable adaptation to volume, volatility, momentum, and rate of change.
Custom timeframe selection for lower timeframe volume analysis.
Applications: Detecting market exhaustion during trending or ranging conditions.
Spotting divergences between volume and price action.
Identifying potential reversals at key market junctures.
Enhancing traditional technical analysis with adaptive and volume-based metrics.
This indicator is suited for traders seeking a multi-dimensional approach to market analysis, combining the power of adaptive techniques with volume and price dynamics to pinpoint opportunities with precision.
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