FXShare Hotspots

This is another small concept I’ve been playing with while watching price behavior more than indicators.

The idea is simple:
price often tells you something before it turns, not with indicators, but with shape + effort.

This script compares:
• Candle body size
• Wick dominance (rejection)
• Relative volume spike

When those line up, it marks what I call a Hotspot - a place where price put in effort (volume) but failed to continue in the same direction (small body, long wick).
Very often, these areas precede reactions, pauses, or reversals.

I intentionally made all the math adjustable:
• volume multiplier
• body vs wick ratios
• minimum wick dominance
• optional EMA-based trend filter

Nothing is hard-coded, because markets, symbols, and timeframes behave differently. You can tune it for crypto, forex, indices or rip parts of it for your own experiments.

There are no zones, no boxes, no clutter, just clean markings where the condition happened, so it’s easy to read and easy to build on. It’s more like a visual highlighter for moments where price/volume behavior becomes interesting.