PROTECTED SOURCE SCRIPT
Z-Axis

Z-Axis is a new and unique indicator that can visualize volume. This indicator is all the stuff I used to do manually on charts. It shows where individual big bags of money are. It flags statistically significant volume by making a ray, higher volume will be different colors. Same color scheme as fire - white hot.
Some people try to wonder what the "market maker" thinks or where did they buy. I personally think of the elusive "market maker" like a school of fish moving together. Squeeze the timeframe down to 1 minute, and you see all the fish that think the same way.
Purple means that candle is in the top 7 standard deviations, or 7x.
Red is 10x
Orange is 15x
Yellow is 20x
White is 25x, and triggers an AVWAP.
25 Standard deviations is 99% followed by "9" for 137 decimal spaces... and it still triggers. ye ha.
Once price has moved 2% against the opening of the candle, it's dimmed/liquidated. When this happens, that means that anyone who bought at that candle open at 50x leverage, they are now a ghost.
Price is often drawn to "liquidity wells", visualized here as the black space between pivots.
Some people try to wonder what the "market maker" thinks or where did they buy. I personally think of the elusive "market maker" like a school of fish moving together. Squeeze the timeframe down to 1 minute, and you see all the fish that think the same way.
Purple means that candle is in the top 7 standard deviations, or 7x.
Red is 10x
Orange is 15x
Yellow is 20x
White is 25x, and triggers an AVWAP.
25 Standard deviations is 99% followed by "9" for 137 decimal spaces... and it still triggers. ye ha.
Once price has moved 2% against the opening of the candle, it's dimmed/liquidated. When this happens, that means that anyone who bought at that candle open at 50x leverage, they are now a ghost.
Price is often drawn to "liquidity wells", visualized here as the black space between pivots.
Script protetto
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Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.