Unmitigated MTF High Low - Cave Diving Plot

19시간 전

IntroductionThe Unmitigated MTF High Low -

Cave Diving Plot is a multi-timeframe (MTF) indicator designed for NQ and ES futures traders who want to identify high-probability entry and exit zones based on unmitigated price levels. The "Cave Diving" visualization helps you navigate between support (floor) and resistance (ceiling) zones, while the integrated Strat analysis provides directional context.

Who Is This For?

Futures traders (NQ, ES) trading during ETH and RTH sessions
Scalpers and day traders looking for precise entry/exit levels
Traders using The Strat methodology for directional analysis
Anyone seeking confluence between price action and key levels

Core Concepts

1. Unmitigated Level:

An unmitigated level is a price high or low that has been created but not yet tested (touched) by price. These levels act as magnets - price often returns to test them.Key Properties:

Resistance (Highs): Price has created a high but hasn't revisited it
Support (Lows): Price has created a low but hasn't revisited it
Mitigation: When price touches a level, it becomes "mitigated" and loses strength

2. The Cave Diving MetaphorThink of trading as cave diving between two zones:
┌─────────────────────────────────┐
│ CEILING (Upper Band) │ ← 1st & 2nd Unmitigated Highs
│ 🟥 Resistance Zone │
├─────────────────────────────────┤
│ │
│ THE TUNNEL │ ← Price navigates here
│ (Trading Channel) │
│ │
├─────────────────────────────────┤
│ 🟢 Support Zone │
│ FLOOR (Lower Band) │ ← 1st & 2nd Unmitigated Lows
└─────────────────────────────────┘

Trading Concept:

Ceiling: Formed by the 1st and 2nd most recent unmitigated highs
Floor: Formed by the 1st and 2nd most recent unmitigated lows
Tunnel: The space between ceiling and floor where price operates
Cave Diving: Navigating between these zones for entries and exits


3. Session-Based Age TrackingLevels are tracked by session age:

Session: 6:00 PM to 5:00 PM NY time (23-hour window)
Age 0: Created in the current session (today)
Age 1: Created 1 session ago (yesterday)
Age 2+: Older levels (more significant)

Why Age Matters:

Older unmitigated levels are typically stronger magnets
Fresh levels (Age 0) may be weaker and easier to break
Age 2+ levels often provide high-probability reversal zones

Indicator Components

Visual Elements

1. Colored Bands (Cave Zones)Upper Band (Pink/Maroon - 95% transparency)

Space between 1st and 2nd unmitigated highs
Acts as resistance zone
Price often hesitates or reverses here
Lower Band (Teal - 95% transparency)

Space between 1st and 2nd unmitigated lows
Acts as support zone
Price often finds buyers here

2. Information Table Located in your chosen corner (default: Bottom Right), the table displays:

5 most recent unmitigated highs (top section)
Tunnel row (middle separator)
5 most recent unmitigated lows (bottom section)

Reading the TableTable Structure
┌────────┬──────────┬────────┬───────┐
│ Level │ $ │ Points │ Age │
├────────┼──────────┼────────┼───────┤
│ ↑↑↑↑↑ │ 21,450.25│ +45.30 │ 3 │ ← 5th High (oldest)
│ ↑↑↑↑ │ 21,425.50│ +32.75 │ 2 │ ← 4th High
│ ↑↑↑ │ 21,410.00│ +25.00 │ 1 │ ← 3rd High
│ ↑↑ │ 21,400.75│ +18.50 │ 1 │ ← 2nd High
│ ↑ │ 21,395.25│ +12.00 │ 0 │ ← 1st High (newest)
├────────┼──────────┼────────┼───────┤
│ Tunnel │ 🟢 │ Δ 85.50│ 2U │ ← Current State
├────────┼──────────┼────────┼───────┤
│ ↓ │ 21,310.00│ -15.25 │ 0 │ ← 1st Low (newest)
│ ↓↓ │ 21,295.50│ -22.75 │ 1 │ ← 2nd Low
│ ↓↓↓ │ 21,280.25│ -30.00 │ 1 │ ← 3rd Low
│ ↓↓↓↓ │ 21,265.75│ -38.50 │ 2 │ ← 4th Low
│ ↓↓↓↓↓ │ 21,250.00│ -45.00 │ 3 │ ← 5th Low (oldest)
└────────┴──────────┴────────┴───────┘Column

Breakdown
Column 1: Level (Arrows)

Green arrows (↑): Resistance levels above current price
Red arrows (↓): Support levels below current price
Arrow count: Indicates recency (1 arrow = newest, 5 arrows = oldest)

Why This Matters:

More arrows = older level = stronger magnet for price
Column 2: $ (Price)

Exact price of the unmitigated level
Use this for limit orders and stop placement

Column 3: Points (Distance)

Positive (+) for highs: Points above current price
Negative (-) for lows: Points below current price
Helps gauge proximity to key levels
Trading Application:

If you're +2.50 points from resistance, a reversal may be imminent
If you're -45.00 points from support, you're far from the floor

Column 4: Age (Sessions)

Number of full 6pm-5pm sessions the level has survived
Age 0: Created today (current session)
Age 1+: Created in previous sessions


Significance Ladder:

Age 0: Weak, may break easily
Age 1-2: Medium strength
Age 3+: Strong, high-probability reaction zone


Tunnel Row (Critical Information)│ Tunnel │ 🟢 │ Δ 85.50│ 2U │
└─┬─┘ └─┬─┘ └──┬──┘ └─┬─┘
│ │ │ │
Label Direction Range Strat

1. Tunnel Label: Identifies the separator row
2. Direction Indicator (🟢/🔴)

🟢 Green Circle: Current 15m bar closed bullish (above previous close)
🔴 Red Circle: Current 15m bar closed bearish (below previous close)

3. Δ (Delta/Range)

Distance in points between 1st High and 1st Low
Shows the tunnel width (trading range)
Example: Δ 85.50 = 85.50 points between ceiling and floor
Trading Use:

Wide tunnel (>100 points): More room to trade, consider range strategies
Narrow tunnel (<50 points): Tight range, expect breakout

4. Strat Pattern

1: Inside bar (consolidation)
2U: 2 Up (bullish directional bar)
2D: 2 Down (bearish directional bar)
3: Outside bar (expansion/volatility)

Color Coding:
Green: 2U (bullish)
Red: 2D (bearish)
Yellow: 3 (expansion)
Gray: 1 (inside/neutral)

8시간 전

릴리즈 노트

Version 2 update:
Replace the text placeholder Tunnel to Selected Time frame

Tips:
use 1m chart or 5m chart and select 15m setting in the indicator
or
use 15m chart and select 1 Day setting in the indicator.