OPEN-SOURCE SCRIPT
Volumetric Pivot Echo

🔮 Volumetric Pivot Echo (VPE)
Future Price Projection Zones with Confidence Scoring
📘 Overview
The Volumetric Pivot Echo (VPE) is a next-generation leading indicator that identifies high-volume reversal points and echoes their price + time behavior into the future — giving you a visual forecast box that includes a confidence score, price range, and duration estimate.
It’s designed for swing and options traders who want forward guidance based on real structure, not just reactive signals.
⚙️ How It Works
Pivot Detection – Finds pivot highs/lows based on configurable bar structure.
Volume Confirmation – Only confirms pivots backed by strong volume (e.g., 1.5× average).
Echo Logic – Measures the price move and time it took to reach the pivot.
ATR Scaling – Adjusts projections based on current market volatility.
Confidence Score – Rates each projection (0–100%) based on structure match, volatility, and direction alignment.
📦 What Appears on Chart
Projection Box:
A forward-drawn rectangle from the current bar to the estimated future zone. The box's size and duration mirror the last valid momentum leg.
Box Label Text:
🔹 Range (projected move size)
⏱️ Duration (bars expected)
✅ Confidence %
VPH/VPL Markers:
Pivot highs and lows confirmed by volume, marked with “VPH” or “VPL”.
🎯 How to Trade with It
Use the box as a target zone for directional trades.
If price enters a box with >85% confidence, consider it a high-quality path projection.
Use with support/resistance confluence or entry systems.
Works especially well for swing trading, breakout setups, or options targeting.
🛠️ Recommended Settings
Box Transparency: Set Projection Up/Down Color to 90 (10% visible).
Text Color: Set to white for readability.
Volume Multiplier: Default 1.5x, increase in choppy markets.
Projection Duration: Start with 1.0x echo multiplier and fine-tune.
⏳ Timeframes & Accuracy
Timeframe Confidence Zones Most Reliable
15m – 1h Use 70–85% confidence scores
1h – 4h Sweet spot for balanced signals
1D – 1W Strongest historical echo tracking (>85% ideal)
✅ Key Features
Forward-looking, non-repainting logic
Clear visual projections — no guesswork
Confidence scoring built-in
ATR-adjusted — adapts to volatility
Works on any asset (stocks, crypto, FX)
🧠 Why It’s Unique
This is not a lagging oscillator or classic trend-following tool.
It’s a leading structure projection model — combining pivot behavior, volume intensity, and market volatility to sketch forward “echo zones” based on the past.
Future Price Projection Zones with Confidence Scoring
📘 Overview
The Volumetric Pivot Echo (VPE) is a next-generation leading indicator that identifies high-volume reversal points and echoes their price + time behavior into the future — giving you a visual forecast box that includes a confidence score, price range, and duration estimate.
It’s designed for swing and options traders who want forward guidance based on real structure, not just reactive signals.
⚙️ How It Works
Pivot Detection – Finds pivot highs/lows based on configurable bar structure.
Volume Confirmation – Only confirms pivots backed by strong volume (e.g., 1.5× average).
Echo Logic – Measures the price move and time it took to reach the pivot.
ATR Scaling – Adjusts projections based on current market volatility.
Confidence Score – Rates each projection (0–100%) based on structure match, volatility, and direction alignment.
📦 What Appears on Chart
Projection Box:
A forward-drawn rectangle from the current bar to the estimated future zone. The box's size and duration mirror the last valid momentum leg.
Box Label Text:
🔹 Range (projected move size)
⏱️ Duration (bars expected)
✅ Confidence %
VPH/VPL Markers:
Pivot highs and lows confirmed by volume, marked with “VPH” or “VPL”.
🎯 How to Trade with It
Use the box as a target zone for directional trades.
If price enters a box with >85% confidence, consider it a high-quality path projection.
Use with support/resistance confluence or entry systems.
Works especially well for swing trading, breakout setups, or options targeting.
🛠️ Recommended Settings
Box Transparency: Set Projection Up/Down Color to 90 (10% visible).
Text Color: Set to white for readability.
Volume Multiplier: Default 1.5x, increase in choppy markets.
Projection Duration: Start with 1.0x echo multiplier and fine-tune.
⏳ Timeframes & Accuracy
Timeframe Confidence Zones Most Reliable
15m – 1h Use 70–85% confidence scores
1h – 4h Sweet spot for balanced signals
1D – 1W Strongest historical echo tracking (>85% ideal)
✅ Key Features
Forward-looking, non-repainting logic
Clear visual projections — no guesswork
Confidence scoring built-in
ATR-adjusted — adapts to volatility
Works on any asset (stocks, crypto, FX)
🧠 Why It’s Unique
This is not a lagging oscillator or classic trend-following tool.
It’s a leading structure projection model — combining pivot behavior, volume intensity, and market volatility to sketch forward “echo zones” based on the past.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.