OPEN-SOURCE SCRIPT
已更新

StdDev Supply/Demand Zone Refiner

2 830
This indicator uses standard deviation bands to identify statistically significant price extremes, then validates these levels through volume analysis and market structure. It employs a proprietary "Zone Refinement" technique that dynamically adjusts zones based on price interaction and volume concentration, creating increasingly precise support/resistance areas.
Key Features:

Statistical Extremes Detection: Identifies when price reaches 2+ standard deviations from mean

Volume-Weighted Zone Creation: Only creates zones at extremes with abnormal volume

Dynamic Zone Refinement: Automatically tightens zones based on touch points and volume nodes

Point of Control (POC) Identification: Finds the exact price with maximum volume within each zone

Volume Profile Visualization: Shows horizontal volume distribution to identify key liquidity levels

Multi-Factor Validation: Combines volume imbalance, zone strength, and touch count metrics



Unlike traditional support/resistance indicators that use arbitrary levels, this system:

Self-adjusts based on market volatility (standard deviation)

Refines zones through machine-learning-like feedback from price touches

Weights by volume to show where real money was positioned

Tracks zone decay - older, untested zones automatically fade

發行說明
Fixed the overlapping of the yellow bars and increased the text sizes.
發行說明
updating images.
發行說明
.
發行說明
Updated in Replay mode, where it kept overlapping zones and volume profile bars.

I added universal capability so that any market should work. Originally, this was supposed to be for Futures.

免責聲明

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.