Historical Deviation Bands

Historical Deviation Bands are a technical analysis tool used to visualize the volatility of a financial instrument over a specific historical period. These bands are typically plotted above and below a moving average, with the distance between the bands determined by a multiple of the standard deviation of price movements over the chosen timeframe.

Key Features

Volatility Measurement

Historical Deviation Bands provide a visual representation of price volatility, showing how much price has deviated from the average over a given historical period. 

Trend Identification

By observing the width of the bands, traders can gauge the intensity of price movements and identify periods of high or low volatility. Narrow bands suggest low volatility, while widening bands indicate increased volatility.

Support and Resistance

The upper and lower bands serve as dynamic support and resistance levels. Prices tend to revert to the mean (the moving average) after touching or surpassing the bands, offering potential trading opportunities. Trend Reversal Signals: Sharp movements beyond the bands may signal overbought or oversold conditions, potentially indicating a trend reversal or a continuation of the current trend.

Risk Management

Historical Deviation Bands help traders assess risk by providing a framework for setting stop-loss orders and determining profit targets based on volatility levels.

Usage

Traders often use Historical Deviation Bands in conjunction with other technical indicators to confirm trading signals and assess market conditions. They are particularly useful in volatile markets where price movements can be erratic. 

TPO Profile

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Time Price Opportunity Profile

The TPO Profile is a graphical representation of trading activity plotted over time. 

TPO charts organize price and time into vertical columns to illustrate where trading has occurred at each price level. It provides traders with insights into market dynamics by showing the distribution of trading volume at various price levels throughout a specified period. 

Key components of the TPO Profile include the Value Area, which represents the price range where a significant portion of trading volume occurred, and the Point of Control (POC), which indicates the price level with the highest trading volume.

The indicator includes alerts to notify traders when the market forms poor highs or lows, indicating potential reversal points.

Value Area Profile

Value Area Profile Overview

The Value Area Profile is a refinement of the TPO Profile that emphasizes the most valuable price levels within a specified period.

It identifies the Value Area, consisting of the range of prices where the majority of trading volume occurred, as well as the Value Area High (VAH) and Value Area Low (VAL), which mark the upper and lower boundaries of this range respectively. The Value Point of Control (VPOC) represents the price level within the Value Area with the highest trading volume. 

Additionally, the Value Area Profile highlights TPO Value Areas and the TPO Point of Control to provide a comprehensive view of market activity.

These alerts help traders identify significant price levels and make informed trading decisions based on market sentiment and momentum.

Aggregated Volume

Enhance Accuracy: 

By combining data from multiple exchanges, traders can reduce the impact of outliers or anomalies on the Value Area Profile metrics. This leads to a more accurate representation of key price levels and trading activity.

Identify Market Trends: 

Analyzing Value Area Profiles from multiple exchanges helps traders identify consistent trends across different markets. Consensus VPOCs and Value Areas indicate strong areas of interest where traders are actively participating, providing valuable insights into broader market sentiment.

Spot Arbitrage Opportunities: 

Discrepancies in Value Area metrics between exchanges may present arbitrage opportunities for traders. Identifying price divergences between exchanges allows traders to capitalize on price differentials by buying on one exchange and selling on another.

Monitor Market Liquidity: 

Aggregating Value Area Profile data helps traders assess overall market liquidity by observing where the majority of trading volume is concentrated across multiple exchanges. This information is crucial for executing trades efficiently without significantly impacting prices.

MAR(P)

Moving Average Ratio (Percentile)

Compares the current price to its moving average over a specified period, assessing trend strength. High percentile values indicate a strong uptrend, while low percentile values indicate a strong downtrend.

Similar to RSI divergence alerts

 MAR(P) divergence alerts highlight discrepancies between the Moving Average Ratio Percentile and price movements. This helps traders identify potential trend reversals or continuations based on the relationship between price and its moving average.

BBWP

 Bollinger Band Width Percentile and RSI

Measures the width of the Bollinger Bands relative to historical levels, indicating market volatility. High percentile values signify increased volatility, while low percentile values suggest decreased volatility. 

RSI (Relative Strength Index) with Divergence Alerts

 The RSI is a momentum oscillator that measures the speed and change of price movements. Divergence alerts highlight discrepancies between the RSI and price movements, signaling potential trend reversals.

By combining these indicators, traders can identify high-probability trading opportunities and manage risk effectively.

Juice Remedy

Custom Range Visual and Fixed Volume Profiles

Allows traders to analyze price action within custom-defined ranges and visualize trading volume at specific price levels, facilitating the identification of supply and demand zones and potential areas of price consolidation or breakout. 

Anchored VWAP (Volume Weighted Average Price) for Multi-Timeframe

A powerful tool that calculates the average price weighted by trading volume over a specified period, anchored to a particular point in time. It provides insights into the average price at which traders have transacted, helping traders assess market sentiment and identify potential support and resistance levels across different timeframes. 

Zigzag Tool 

Helps traders identify significant price swings and trends by connecting major price peaks and troughs, enabling the visualization of market trends and potential reversal points. 

Auto Fibonacci and Auto Pitch Fan Fibonacci Tool

Automatically plots Fibonacci retracements and extension levels based on user-defined parameters, assisting traders in identifying potential support and resistance levels. 

Real-Time Swing Structure (Market Structure) Analysis

Analyze the market's swing structure in real-time, identifying changes of character and breaks of structure that signal shifts in market sentiment 
and potential trend reversals or continuations. 

Equal Highs/Lows, Swing, and Internal Order Blocks 

Identify significant price levels and patterns, equal highs/lows, swing highs/lows, and order blocks, all may act as support or resistance zones and influence price movements. 

Weak Highs/Lows, Poor Highs/Lows, Liquidity Voids, and Fair Value Gaps

These indicators highlight areas of market inefficiency, aiding traders in identifying high-probability trading opportunities. 

Daily Timeframe Opens and Custom Open Ranges

These tools provide insights into daily opening prices and customizable opening ranges (5min, 15min, 30min, 1hour) allowing traders to gauge market sentiment and plan their strategies accordingly. 

​Daily Reference Levels Based on ATR or Prior High/Low

These reference levels are derived from the Average True Range (ATR) or prior high and low prices, serving as important reference points for assessing market volatility and identifying potential support and resistance levels.

Juice Levels

These levels encompass key price points derived from various timeframes, providing crucial insights into market dynamics and potential trading opportunities. These levels include daily, prior day, day before yesterday, weekly, prior weekly, monthly, and prior monthly levels. 

Daily, Prior Day, Day Before Yesterday Levels 

Offer intraday reference points and historical context for analyzing short-term price movements. 

Weekly, Prior Weekly Levels

Provide insights into longer-term trends and potential areas of price consolidation or breakout over a one-week timeframe. 

Monthly, Prior Monthly Levels

Offer significant insights into macroeconomic trends and investor sentiment over longer timeframes, spanning one month. 

Equilibrium Levels

Indicate points where supply and demand are relatively balanced, often serving as pivot points for price movements. 

Supply and Demand Zones

Highlight areas on a price chart where significant buying or selling pressure is expected, aiding traders in identifying potential reversal or breakout zones. 

These levels and zones are essential tools for traders to analyze market sentiment, identify support and resistance levels, and make informed trading decisions across various timeframes.

OI+CVD

Open Interest (OI)

Open Interest refers to the total number of outstanding contracts (options or futures) that have not been closed or delivered on a particular day.

It represents the total number of contracts that are held by market participants at the end of each trading day.

OI increases when new contracts are opened and decreases when existing contracts are closed out.

High open interest suggests that the market for that particular contract is active, with many traders participating. It indicates liquidity and interest in that specific contract.

Changes in open interest can give traders insights into market sentiment. For example, rising open interest along with rising prices might suggest bullish sentiment, while rising open interest with falling prices might suggest bearish sentiment.

Traders often use open interest along with price movements to gauge potential future market directions and to identify possible trend reversals.

Cumulative Volume Delta (CVD)

Cumulative Volume Delta is a measure of the difference between the total volume of buying and selling in a market over a specified period.

It helps traders analyze the strength of buying and selling pressure in the market.

CVD is often used in conjunction with price movements to confirm trends or identify potential reversals. For example, if the price is rising and the CVD is positive, it suggests strong buying pressure and confirms the uptrend.

Conversely, if the price is falling and the CVD is negative, it indicates strong selling pressure and confirms the downtrend.

Traders may also look for divergences between price movements and CVD, which can signal potential trend changes. For example, if the price is rising but CVD is falling, it might indicate weakening buying pressure and a possible trend reversal.