OPEN-SOURCE SCRIPT
PsyExpansionPanel_v5_Kohlhaas
The PsyExpansionPanel measures the energy in the market, combining volatility, momentum, and volume into one composite signal.
It helps identify when a move is genuine and powerful — not just visually strong but backed by volatility and participation.
⸻
⚙️ Core Idea
When the blue line (Expansion Score) rises above the orange line (Threshold),
the market enters an expansion phase — volatility, speed, and participation all increase together.
This is the moment when a move becomes serious and emotionally charged.
⸻
📊 What Each Line Means
• Blue line → Expansion Score (combined energy from ATR%, ROC, and Volume)
• Orange line → Threshold (e.g. 0.75) — when crossed, expansion is active
• Gray line → Neutral zone — calm market, low activity
When the blue line crosses above the orange threshold,
the background turns orange, signaling: Expansion Active.
⸻
🧠 Market Psychology Behind It
During expansion, three things happen at once:
1. Volatility (ATR%) increases → traders become emotional (fear or greed rises)
2. Momentum (ROC) accelerates → price moves faster than usual
3. Volume rises above average → more participants join the move
This combination signals a transition from equilibrium to collective emotional action —
a moment when trends or reversals often begin.
It helps identify when a move is genuine and powerful — not just visually strong but backed by volatility and participation.
⸻
⚙️ Core Idea
When the blue line (Expansion Score) rises above the orange line (Threshold),
the market enters an expansion phase — volatility, speed, and participation all increase together.
This is the moment when a move becomes serious and emotionally charged.
⸻
📊 What Each Line Means
• Blue line → Expansion Score (combined energy from ATR%, ROC, and Volume)
• Orange line → Threshold (e.g. 0.75) — when crossed, expansion is active
• Gray line → Neutral zone — calm market, low activity
When the blue line crosses above the orange threshold,
the background turns orange, signaling: Expansion Active.
⸻
🧠 Market Psychology Behind It
During expansion, three things happen at once:
1. Volatility (ATR%) increases → traders become emotional (fear or greed rises)
2. Momentum (ROC) accelerates → price moves faster than usual
3. Volume rises above average → more participants join the move
This combination signals a transition from equilibrium to collective emotional action —
a moment when trends or reversals often begin.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。