Mizan v12: The Void Hunter (Ontological Liquidity)

Title: Mizan v12: The Void Hunter (Ontological Liquidity Engine)

Overview: Mizan v12 is an advanced market structure tool that identifies Liquidity Voids (Fair Value Gaps) and uses a proprietary L-Score Engine to predict price reversion or continuation. Based on the philosophy of "Ontological Potential," it assumes that unfilled gaps act as magnets, pulling the price toward areas where market orders were not fully realized.

Technical Components:

The L-Score Engine: A composite momentum and volume index using normalized CCI (Velocity), RSI (Saturation), and CMF (Mass). It determines whether a "Displacement" move has enough gravity to sustain its direction.

Void Detection (FVG): The script dynamically identifies voids where a gap exists between the wicks of the 1st and 3rd candle. These are visualized as colored boxes.

Mitigation Logic: To keep the chart clean, the indicator automatically "mitigates" (deletes) void boxes once the price has retraced and filled the gap.

The Magnet Effect: It calculates the nearest active void above and below the current price, providing clear targets for take-profits or entry zones.
Operational Status:

Hunting Void: L-Score confirms momentum toward the nearest unfilled gap.

Reversion Completed: Price has successfully retraced into a void and is showing signs of a bounce.

Displacement: A strong impulse move that is leaving new voids behind, indicating a high-velocity trend.