A compact scalping indicator for cTrader that combines three things in one clean overlay: a session‑based daily VWAP, an Opening Range guide, “delta/power” bubbles as momentum/activity markers, and dynamic supply/demand zones with test/confirm status plus an optional trend filter. On top of that, it includes a multi‑timeframe traffic light that shows, at a glance, the direction of the most recently closed candle across several timeframes (VWAP + Opening Range).
Note: The parameters are intentionally designed so you can quickly adapt the tool to your market/timeframe; the logic runs automatically in the background.
What you get (features)
- Daily VWAP (resets each trading day): Visualizes the fair “session price” and helps with mean reversion, pullbacks, and directional bias
- Opening Range (OR) high/low: Draws the opening range so you can structure breakout/reversal setups (auto or manually defined minutes)
- Delta/Power bubbles: Highlight candles with above‑average activity (depending on mode: volume spike, range/body‑volume, or a delta proxy) and color them by direction (bullish/bearish)
- Supply/Demand zones (two pivot sets A/B): Automatic zones from confirmed pivot highs/lows, with ATR‑based zone depth, a defined right‑side extension, and an optional midline
- Zone status: “Fresh → Tested → Confirmed” (confirmation optionally via a volume condition) so you can immediately see whether a zone has already been traded into and whether it reacted with strength
- Trend filter (optional): EMA or EMA+ADX filter so zones are only shown/considered in the trend direction (e.g., demand zones only in an uptrend)
- Multi‑TF traffic light: Shows M1/M5/H1/D1 as green/red/gray depending on the last closed candle—useful context without switching chart timeframes
What buyers can configure (parameter overview)
Settings are grouped and deliberately practical:
Core
- ATR length: Base input for zone depth and some bubble metrics
- Show Daily VWAP: On/Off
- Show Opening Range: On/Off
- OR mode: Auto (depends on chart TF) or Manual (fixed minutes)
- OR auto factor / OR minutes: Fine‑tunes OR duration
Trend Filter
- Mode: Off / EMA / EMA+ADX
- EMA fast / EMA slow: Trend direction via EMA cross/relationship
- ADX length + threshold: Minimum trend strength when EMA+ADX is enabled
- Plot EMA lines: Optionally display filter EMAs on the chart
Bubbles
- Show bubbles: On/Off
- Delta proxy: Three variants (range‑weighted, close vs prev, close vs open) depending on instrument/feed
- Bubble metric: Auto or fixed metric (abs‑delta, volume spike, body/range volume)
- Quantile lookback + quantile %: Controls how “rare” a bubble signal is (higher % = only stronger events)
- Label limit: How many bubble labels remain on chart (performance/clarity)
- Base font + 4K mode: Visual scaling for high‑resolution displays
- Glyph small/big: Bubble shape (dot/circle, etc.)
- Debug: Force bubbles (testing only)
Zones
- Show zones: On/Off
- Zone depth × ATR: Zone thickness (volatility‑adaptive)
- Extend (bars): How far zones extend to the right
- Show midline: On/Off
- Only in‑trend zones: Show zones only when trend filter direction matches
- Pivot parameters A & B (left/right): Two sensitivities (e.g., “coarse” + “fine” zones)
- Zone label size: Small/Medium/Large
- Colors (ARGB): Separate colors for supply/demand, tested, confirmed + midline
- Confirm by volume + vol‑MA/multiplier: Confirm only if tick volume is above MA × factor
Traffic Light
- Show traffic light: On/Off
- Font + 4K scale: Size/readability
- Update every N bars: Update frequency (performance vs responsiveness)
(The parameter field descriptions can be cleanly presented via the Parameter attribute/descriptions; the platform supports grouping and descriptions directly in the parameter UI.)
Who it’s for
- Scalpers and intraday traders who need fast context: VWAP/OR for structure, bubbles for “activity,” zones for reaction areas
- Traders who want clear visualization without stacking multiple indicators
- Users who may want an optional trend‑filtered view (EMA/ADX), while keeping the core as a plug‑and‑play display
Typical use (short & practical)
Check bias via VWAP + traffic light, and use the OR as the “battle zone” during the opening phase.
Use bubbles as a clue that “something above average is happening here” (breakout, absorption, impulse).
Use zones as planning areas: first touch = “Tested”; a reaction with high volume can be marked as “Confirmed”; the midline helps with clean level‑to‑level trading.
