SolQuant Synthetic Max Pain

Overview
SolQuant Synthetic Max Pain is a professional-grade analytical tool that identifies institutional support and resistance zones through modeled Open Interest (OI) distributions. By pinpointing "Maximum Pain" levels—where the highest concentration of leveraged positions would face theoretical liquidation—this indicator helps traders anticipate high-probability reversal zones and market maker price targets.

Key Features

• Multi-Timeframe Anchor Logic: Simultaneously tracks and displays Max Pain levels for Hourly, 4-Hour, Daily, and Weekly anchors, providing critical context for both day and swing traders.
  
• Permanent Historical Tracking: Unlike the Lite version, this version maintains permanent historical lines, allowing you to backtest exactly how price has reacted to Max Pain zones in the past.
  
• Synthetic OI Distribution Model: Uses a Gaussian modeling approach to simulate market positioning, with adjustable Put/Call biases to account for directional market skew.
  
• Dynamic Strike Management: Employs an "Auto Strike Increment" that scales with price volatility (~1% of price), ensuring levels remain accurate across all asset classes and market regimes.
  
• Integrated Info Dashboard: A real-time table provides an immediate glance at current anchor prices and their corresponding Max Pain targets across all enabled timeframes.
  

How it Works
The script generates a synthetic strike ladder centered on each timeframe's open (the anchor). It identifies where "Maximum Pain" is concentrated by weighting strikes away from that anchor price. MP Long (Support) represents the peak theoretical Put OI, while MP Short (Resistance) marks the peak Call OI. These levels act as liquidity magnets where market participants are most exposed.

Comparison: Full vs. Lite Version
While the Lite version offers essential intraday support, this Full Version is designed for deeper analysis:

• Macro Context: Adds 4-Hour and Weekly anchors, whereas Lite is restricted to Hourly and Daily.
  
• Historical Insight: Provides permanent historical lines for strategy backtesting, a feature absent in the Lite version.
  
• Advanced Visibility: Includes expanded labeling and max_lines support for a more detailed chart overview.
  

Disclaimer
This indicator is for educational and analytical purposes only. It uses mathematical modeling for synthetic levels and does not represent actual exchange order books or guaranteed price targets.