IAAM2
The indicator breaks down volume and delta at every price level inside the candles over a period, finds the candle with anomalous volume and builds a horizontal level from its POC — then, from how the two most recent levels line up, it places a direction marker ▲/▼ and colors the bars by status.
The POC of a candle with anomalous volume (or delta) turns into a horizontal level — zones of peak activity get marked out for you, with nothing to draw by hand.
Five strength thresholds by % over the average + an absolute-volume filter: weak levels are thinner and more transparent, illiquid ones aren't built at all — you trade only the strong ones.
Test mode runs the strategy over history accounting for commission and slippage: trades, TP/SL, P/L stats — before you put real money on the line.
Line thickness and density = % by which volume exceeds the period average (thresholds 1→5); the absolute-volume filter simply doesn't build illiquid levels — you trade only the strong ones.
In Volume mode — one indigo level by maximum volume; in Delta mode levels are built by aggression skew: green on max +delta (buyer), red on max −delta (seller).
Takes a period of candles (5 by default) and compares the volume (or delta) of the central candle to the average of the rest: (center − average)/average in percent.
Clear the threshold and a horizontal level is built to the right from the central candle's POC; the higher the %, the higher the threshold (1→5) and the thicker and denser the line.
Direction comes from how the two most recent levels line up: a new level above the previous one → ▲, below → ▼; after that the bars are colored by position status.
Price crossing a level is a separate mechanism: realtime signals to the bot and test trades with P/L stats.
Period of 5 candles: the central one has volume ~228 against an average ~73 (+212%) → threshold exceeded → a volume level is built to the right from its POC. The higher the %, the higher the threshold and the thicker the line.
Large volume sat at the level: price pulled back and returned (● cross → test trade / signal to bot); a new level above the previous one → ▲ long marker, bars turn green by position status.
A trader wants to enter where real, large volume actually sat, not on a random breakout — and not mark up levels by hand on every instrument.
- Sets period 5 and Volume mode — the indicator hunts for candles with anomalous volume
- Turns on the absolute-volume filter and strength thresholds so only strong levels remain
- A level is built from the central candle's POC; price pulls back and returns to it
- A new level forms above the previous one → ▲ long marker, bars turn green (long status)
Period and mode (Volume/Delta), five percentage strength thresholds, the absolute-volume filter, level appearance, bar highlighting, testing with stats and sending signals to the bot — all tuned to your instrument and style.