MILLION MEN - Sheep Hunter

What it is
MILLION MEN – Sheep Hunter is an RSI-based context tool designed to visually highlight extreme sentiment zones. It draws Overbought (herd/FOMO) and Oversold (panic/liquidity) boxes on price, and labels rare events (Whale / Wolf / Sheep / TP10) for easier discretionary analysis. It is not an entry signal generator, but a tool to understand crowd behavior at extremes.

How it works

RSI core: Adjustable length and custom OB/OS thresholds.

Zones:
 • Red box = RSI between 80–90 (overbought pocket)
 • Green box = RSI ≤ 20 (oversold pocket)
 • Box height auto-scales using True Range for clear visibility
 • Boxes persist for X bars after exit, keeping context visible

Marks (optional):
 • Whale (deep oversold)
 • Wolf Entry (oversold threshold)
 • Sheep (extreme FOMO)
 • TP10 (RSI ≤ 10, potential exit area)

How to use
Use zones and marks as context or confluence, not automatic entries. Oversold areas may hint at exhaustion or liquidity grabs; overbought areas can warn of crowd chasing tops. Combine with structure, HTF bias, volume or price action.

Originality & value
Unlike standard RSI lines, this tool projects extremes directly onto price with persistent, padded zones and minimal marks for clarity. It helps traders see sentiment pockets over time, rather than momentary RSI spikes.

Tested markets
This tool has been primarily tested on major crypto assets (BTC, XRP, ETH, BNB, LTC).
Behavior on other markets may vary and should be validated before use.

Limitations

RSI can stay extreme during strong trends.

Marks are context labels, not buy/sell signals.

Non-standard chart types are not supported.

No future data is used. This is not financial advice.


يعرض مناطق تشبع شرائي/بيعي على السعر مباشرة (صناديق حمراء وخضراء) مع علامات لحالات قصوى مثل Whale / Sheep. الهدف هو فهم سلوك السيولة والجمهور عند التطرف وليس إعطاء إشارات دخول مباشرة. تمت تجربة الأداة على العملات الرئيسية (BTC, XRP, ETH, BNB, LTC) وقد يختلف الأداء في الأسواق الأخرى.