Top Ticker Toolkit

5 hari lalu

TOP TICKER TOOLKIT

This advanced trading indicator combines Rejection Block Analysis and Multi-Timeframe Fair Value Gap (FVG) Detection to provide exceptional precision for identifying optimal entry and exit points in day trading.

REJECTION BLOCK METHODOLOGY
The indicator identifies high-probability reversal zones by analyzing significant wick formations:

• Bearish Rejection Blocks: Created when candles show substantial upper wick rejection (configurable percentage), marking zones where institutional selling pressure overwhelmed buyers
• Bullish Rejection Blocks: Formed during significant lower wick scenarios, indicating strong buying interest that absorbed selling pressure

PRECISION ENTRY BENEFITS

1. Statistical Edge Zones
• Each rejection block includes 25%/75% deviation levels that act as high-probability support/resistance within the block
• The 50% equilibrium line serves as a critical decision point for trend continuation vs. reversal
• These statistical divisions provide multiple entry opportunities with defined risk parameters

2. Multi-Timeframe FVG Confluence
• Simultaneously tracks Fair Value Gaps across three different timeframes (default: 15m, 1H, 4H)
• FVGs represent institutional inefficiencies where price moved too quickly, creating unfilled gaps
• When rejection blocks align with multiple timeframe FVGs, it creates high-conviction setups

BOTTOM/TOP TICK ACCURACY

For Bottom Ticking:
• Bullish rejection blocks with significant lower wicks indicate where smart money accumulated positions
• The 25% deviation level often provides the optimal long entry with minimal drawdown
• FVG support from higher timeframes confirms the buying zone's validity

For Top Ticking:
• Bearish rejection blocks mark distribution zones where institutions offloaded positions
• The 75% deviation level frequently offers precise short entries near session highs
• Multiple timeframe FVG resistance creates confluence for high-probability reversals

RISK MANAGEMENT INTEGRATION
• Configurable mitigation methods: Choose between wick-based or close-based invalidation
• Automatic level management: Old or breached levels are removed, keeping charts clean
• Clear visual hierarchy: Color-coded blocks and customizable transparency for different timeframes

DAY TRADING APPLICATIONS
This toolkit excels in identifying:
• Scalping opportunities at deviation levels within active rejection blocks
• Swing entries when price returns to test unfilled FVGs
• Momentum continuation trades when price respects equilibrium levels
• Reversal confirmation when multiple timeframe FVGs align with fresh rejection blocks

The combination of precise statistical levels within rejection blocks and multi-timeframe FVG analysis provides traders with a systematic approach to timing entries and exits with institutional-level precision, significantly improving win rates and risk-reward ratios in day trading scenarios.

5 hari lalu

Nota Keluaran

Updated max bars back parameter

5 hari lalu

Nota Keluaran

Updated chart to abide by tradingview rules

5 hari lalu

Nota Keluaran

- Add 3 HTF Rejection Block inputs with separate color inputs, border transparency control.

5 hari lalu

Nota Keluaran

Added HTF Labels to the rejection blocks

5 hari lalu

Nota Keluaran

- Organized menu

kelmarin

Nota Keluaran

Updated script to allow the user to choose between HTF or LTF data for mitigation of FVGs and Rejection Blocks.

17 jam lalu

Nota Keluaran

- Added FVG and RB timeframe offset inputs to reduce label clutter
- Added a new feature that only shows you relative FVGs and RBs to help reduce chart clutter when multiple timeframes are enabled.
- When mitigated it shows you the next relative FVG and/or RB.