(OFPI) Order Flow Polarity Index - Momentum Gauge (DAFE)

5月18日

(OFPI) Order Flow Polarity Index - Momentum Gauge: Decode Market Aggression

The (OFPI) Gauge Bar is your front-row seat to the battle between buyers and sellers. This isn’t just another indicator—it’s a momentum tracker that reveals market aggression through a sleek, centered gauge bar and a smart dashboard. Built for traders who want clarity without clutter, it’s your edge for spotting who’s driving price, bar by bar.

What Makes It Unique?

Order Flow Pressure Index (OFPI): Splits volume into buy vs. sell pressure based on candle body position. It’s not just volume—it’s intent, showing who’s got the upper hand.
T3 Smoothing Magic: Uses a Tilson T3 moving average to keep signals smooth yet responsive. No laggy SMA nonsense here.
Centered Gauge Bar: A 20-segment bar splits bullish (lime) and bearish (red) momentum around a neutral center. Empty segments scream indecision—it’s like a visual heartbeat of the market.
Momentum Shift Alerts: Catches reversals with “Momentum Shift” flags when the OFPI crests, so you’re not caught off guard.
Clean Dashboard: A compact, bottom-left table shows momentum status, the gauge bar, and the OFPI value. Color-coded, transparent, and no chart clutter.


Inputs & Customization

Lookback Length (default 10): Set the window for pressure calculations. Short for scalps, long for trends.
T3 Smoothing Length (default 5): Tune the smoothness. Tight for fast markets, relaxed for chill ones.
T3 Volume Factor (default 0.7): Crank it up for snappy signals or down for silky trends.
Toggle the dashboard for minimalist setups or mobile trading.


How to Use It

Bullish Momentum (Lime, Right-Filled): Buyers are flexing. Look for breakouts or trend continuations. Pair with support levels.
Bearish Momentum (Red, Left-Filled): Sellers are in charge. Scout for breakdowns or shorts. Check resistance zones.
Neutral (Orange, Near Center): Market’s chilling. Avoid big bets—wait for a breakout or play the range.
Momentum Shift: A reversal might be brewing. Confirm with price action before jumping in.

Not a Solo Act: Combine with your strategy—trendlines, RSI, whatever. It’s a momentum lens, not a buy/sell bot.

Why Use the OFPI Gauge?

See the Fight: Most tools just count volume. OFPI shows who’s winning with a visual that slaps.
Works Anywhere: Crypto, stocks, forex, any timeframe. Tune it to your style.
Clean & Pro: No chart spam, just a sharp gauge and a dashboard that delivers.
Unique Edge: No other indicator blends body-based pressure, T3 smoothing, and a centered gauge like this.

The OFPI Gauge catches the market’s pulse so you can trade with confidence. It’s not about predicting the future—it’s about knowing who’s in control right now.

For educational purposes only. Not financial advice. Always use proper risk management.

Use with discipline. Trade your edge.
— Dskyz, for DAFE Trading Systems

5月19日

發行說明

Order Flow Polarity Index (OFPI) - Momentum Gauge

What makes this script original?

OFPI is original because it splits volume into buy and sell pressure based on candle body position, then applies T3 smoothing for a responsive, low-lag signal. The centered gauge bar visually represents momentum polarity, and the dashboard provides a clear, real-time readout. This combination of body-based pressure, T3 smoothing, and a centered gauge is not found in standard momentum or order flow tools.

How does it work?

Order Flow Pressure Index (OFPI): Splits volume into buy vs. sell pressure using candle body position, showing who’s in control.
T3 Smoothing: Applies a Tilson T3 moving average for smooth, responsive signals.
Centered Gauge Bar: A 20-segment bar splits bullish (lime) and bearish (red) momentum around a neutral center. Empty segments indicate indecision.
Momentum Shift Alerts: Flags possible reversals when the OFPI crests.
Dashboard: Bottom-left panel shows momentum status, gauge bar, and OFPI value—color-coded for clarity.

How to use:
- Apply to any asset and timeframe.
- Watch the dashboard for momentum status and gauge bar direction.
- Bullish (lime, right-filled): Buyers are in control—look for breakouts or trend continuations.
- Bearish (red, left-filled): Sellers are in control—look for breakdowns or shorts.
- Neutral (orange, near center): Market is indecisive—consider waiting or playing the range.
- ‘Momentum Shift’ flag: Possible reversal—confirm with price action before acting.
- Combine with your own strategy for best results.

Inputs:
Lookback Length: Window for pressure calculations.
T3 Smoothing Length: Controls the smoothness of the OFPI signal.
T3 Volume Factor: Adjusts the responsiveness of the T3 smoothing.

Chart Info:
Script name: “Order Flow Polarity Index (OFPI) - Momentum Gauge”
Recommended for use on any asset or timeframe.

Note:
OFPI color changes, gauge bar, and dashboard readings indicate momentum polarity, not direct buy or sell signals. Use as informational alerts or filters within your own strategy.

Disclaimer:
This script is for research and informational purposes only, not financial advice. Trading is risky—backtest, paper trade, and know your risk before going live. Past performance is not a guarantee of future results.

Release Notes:
- Dashboard now shows momentum status, centered gauge bar, and OFPI value for quick reference.
- Color-coded gauge and status make momentum shifts easy to spot.
- This is easier to fine tune using the Polarity-VoVix Fusion Index (PVFI) indicator as it gives better visualization of how the bar operates.