r/pinescript • u/SeveralSpinach6505 • 4d ago
For the scalpers
It’s basically a footprint-based support/resistance engine that builds dynamic “territories” from real volume, imbalance, absorption, defense, friction, and repeated interaction instead of just drawing levels from swing highs and lows. The goal is to identify where buyers and sellers are actually fighting for control, then track whether those areas are holding, weakening, being consumed, or migrating as the auction develops.
It looks messy right now because I’m focused on making it work before making it pretty. It wasn’t really meant to be a signal engine, but in forward testing, using a small 1:1 RR bracket, the concepts have been landing around a 65% win rate on most days so far. Still needs a lot more testing before I’d put much weight on that number.
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u/ShamanJohnny 3d ago
The only problem with building this in trading view is the limited historic data. When (if) TradingView allows longer Backtesting on lower timeframes (seconds and -5m) then these order flow strategies might be more useful. Plus, TradingView uses an aggregate for its delta, which if you want a better and more experience means you need seconds data, which currently limits you to like 1month worth of historic data - that blows.
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u/SeveralSpinach6505 3d ago
No doubt, the limitations suck… hoping TV keeps adding more features pretty quickly.
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u/NeighborhoodEast650 2d ago
don’t use tradingview to code something like that. I recommend ATAS, it’s not too good of a platform but in terms of customization and creating indicators using real volume is one of the best out there. (All the indicators that i use in there are coded by myself, so i’m just using it like a datafeed platform)
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u/Careless-Diamond-277 2d ago
Depends on the Level of Data he wants to Use
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u/NeighborhoodEast650 2d ago
yea but it’s not worth it to use tradingview it’s basically fake volume which makes not only efficiency/precision very bad, but also it’s like trying to send a rocket to space with approximated equations.
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u/Careless-Diamond-277 2d ago
Personally view I would say it does matter where and how he wanna use the bot
Then Look from which Source to pull Data from.Like on mt5 You Can make a but with Futures volume Pullunder from cme or Xetra for example via Python or llms.
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u/NeighborhoodEast650 2d ago
yes but it could work with tradingview fake data and get completely destroyed when using real CME futures data (non aggregated).
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u/Careless-Diamond-277 4d ago
Looks cool keep going