OPEN-SOURCE SCRIPT
The Map - RMA

Concept This indicator is designed to be the ultimate "Map" for intraday traders. Instead of guessing where support and resistance are, it automatically projects Higher Timeframe (HTF) Market Structure onto your chart and combines it with Institutional Volume Analysis. It answers two critical questions instantly: "Where are we?" (Premium vs. Discount) and "Who is trading?" (Whales vs. Retail).
Key Features
Dynamic Market Structure (The Map):
Automatically fetches the Highest High and Lowest Low from a higher timeframe (Default: 4-Hour) over a user-defined lookback period.
Premium Zone (Red): The upper 50% of the range. Ideally used for looking for Short/Sell setups.
Discount Zone (Green): The lower 50% of the range. Ideally used for looking for Long/Buy setups.
Equilibrium (Gray): The 50% midpoint. A key target for mean reversion strategies.
Whale Volume Detection (The Fuel):
Identifies "Whale Candles" where the current volume significantly exceeds the average (e.g., 2x the 20-period average).
Plots visual Bubbles (Green for Up-close, Red for Down-close) to highlight where big money is entering the market.
Filters out noise by only showing bubbles on candles with significant price movement.
Live Dashboard:
A clean table in the top-right corner displays the current Zone status (Premium vs. Discount) and Volume status in real-time.
How to Use
Trend Following: If price breaks out of the H4 High with a Green Whale Bubble, it indicates strong bullish momentum.
Reversal Trading: If price enters the Red (Premium) Zone and prints a Red Whale Bubble (rejection), it suggests institutional selling pressure at resistance.
Confluence: This tool is best used as a "Context Filter" alongside your favorite entry trigger (like a London Breakout or MACD crossover).
Settings
Structure Timeframe: Choose the HTF for your map (Default: 240/4-Hour).
Lookback: How many bars to scan for Highs/Lows (Default: 20).
Whale Multiplier: How much larger than average volume must be to trigger a bubble (Default: 2.0x).
Visuals: Toggle the Zones map on/off to fix chart scaling if needed.
Disclaimer This indicator is for educational and analytical purposes only. Past performance (structure levels) does not guarantee future price action. Always manage your risk.
Key Features
Dynamic Market Structure (The Map):
Automatically fetches the Highest High and Lowest Low from a higher timeframe (Default: 4-Hour) over a user-defined lookback period.
Premium Zone (Red): The upper 50% of the range. Ideally used for looking for Short/Sell setups.
Discount Zone (Green): The lower 50% of the range. Ideally used for looking for Long/Buy setups.
Equilibrium (Gray): The 50% midpoint. A key target for mean reversion strategies.
Whale Volume Detection (The Fuel):
Identifies "Whale Candles" where the current volume significantly exceeds the average (e.g., 2x the 20-period average).
Plots visual Bubbles (Green for Up-close, Red for Down-close) to highlight where big money is entering the market.
Filters out noise by only showing bubbles on candles with significant price movement.
Live Dashboard:
A clean table in the top-right corner displays the current Zone status (Premium vs. Discount) and Volume status in real-time.
How to Use
Trend Following: If price breaks out of the H4 High with a Green Whale Bubble, it indicates strong bullish momentum.
Reversal Trading: If price enters the Red (Premium) Zone and prints a Red Whale Bubble (rejection), it suggests institutional selling pressure at resistance.
Confluence: This tool is best used as a "Context Filter" alongside your favorite entry trigger (like a London Breakout or MACD crossover).
Settings
Structure Timeframe: Choose the HTF for your map (Default: 240/4-Hour).
Lookback: How many bars to scan for Highs/Lows (Default: 20).
Whale Multiplier: How much larger than average volume must be to trigger a bubble (Default: 2.0x).
Visuals: Toggle the Zones map on/off to fix chart scaling if needed.
Disclaimer This indicator is for educational and analytical purposes only. Past performance (structure levels) does not guarantee future price action. Always manage your risk.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
"Need help with Pine Script or a custom indicator? Feel free to message me, I'd be happy to assist!
☕ Support my work: paypal.me/ramegy"
☕ Support my work: paypal.me/ramegy"
☕ Support my work: paypal.me/ramegy"
☕ Support my work: paypal.me/ramegy"
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
"Need help with Pine Script or a custom indicator? Feel free to message me, I'd be happy to assist!
☕ Support my work: paypal.me/ramegy"
☕ Support my work: paypal.me/ramegy"
☕ Support my work: paypal.me/ramegy"
☕ Support my work: paypal.me/ramegy"
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.