OPEN-SOURCE SCRIPT

🌀 STD-Torque Wave Map v1.0

169
🔍 Overview
The STD-Torque Wave Map v1.0 is a multi-timeframe market pressure visualizer that uses the slope of standard deviation (STD) to measure torque—i.e., the acceleration or deceleration of volatility. By combining short, medium, and long-term torque across timeframes (1H, 4H, and 1D by default), this tool helps traders spot confluence zones of high energy. It also detects key signals from RSI divergence and volume spikes to confirm potential breakout or reversal moments.

⚙️ Inputs
Short-Term TF (1H): Select your short timeframe (e.g., 15m, 1H).

Mid-Term TF (4H): Select your medium timeframe.

Long-Term TF (1D): Choose a higher timeframe for macro alignment.

STD Length: Length used for calculating standard deviation.

RSI Length: Length for Relative Strength Index calculation.

Volume Smoothing: Period used to smooth volume for pressure analysis.

Torque Spike Threshold: Sensitivity threshold for torque spike detection.

📊 How to Use
Read the Torque Histograms:

Three color-coded histograms represent torque (slope of STD) at different timeframes:

🟩 Lime: Short-Term Torque

🟧 Orange: Mid-Term Torque

🟪 Purple: Long-Term Torque

Watch for Yellow Confluence Zones:

A yellow background signals that torque is spiking across all three timeframes — a strong confluence zone indicating possible momentum ignition.

Breakout Watch Labels:

A ⚡ red label appears on the main chart (top location) when:

All torque values exceed the threshold AND

Either an RSI divergence or a volume spike is detected.

This is your cue to monitor for explosive breakouts or fakeouts.

Use Alerts:

Set alerts for:

✅ Torque Confluence

✅ Torque + RSI Divergence

✅ Torque + Volume Spike

Get real-time heads-up when pressure is building beneath the surface.

🧠 Interpretation Tips
Torque is Pressure, Not Direction: This tool measures energy building in the market. Combine it with your directional bias, price action, or trend tools.

Ideal for Pre-Breakout Contexts: Use in sideways, low-volatility zones to anticipate the breakout direction using RSI or volume confirmation.

Great Add-On: Pairs well with structure-based tools (e.g., support/resistance, order blocks) or liquidity mapping indicators.

📌 Designed for active traders who want to visually map hidden energy across timeframes before it erupts on the chart.

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.