PROTECTED SOURCE SCRIPT
Kohen Dive V4.6

[ENGLISH]
### ⚠️ DISCLAIMER
This indicator and description are for **EDUCATIONAL and ANALYTICAL purposes only**. They do not constitute financial advice. Trading involves risk.
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### 🌊 KOHEN DIVE V4.6 (Ultimate System)
**Concept: The "Spring Tension" Strategy**
The Kohen Dive system is not a standard trend-following tool. It is a **Mean Reversion & Exhaustion** algorithm designed to detect when the market "Spring" is overextended and ready to snap back.
Instead of chasing the pump, this system calculates:
1. Market Balance: Is the price Cheap (Discount) or Expensive (Premium)?
2. Momentum Tension: Is the spring fully stretched (Neon Colors)?
3. Institutional Cost: Where is the Anchored VWAP?
---
### 🎨 HOW TO READ THE VISUALS (Critical)
1. Candle Colors (The Spring Logic)
Colors indicate the **Tension** of the trend, not just direction.
* 🟢 NEON GREEN (Maximum Tension): The spring is stretched to the max upside. Buyers are exhausted. **WARNING:** Do not buy here. Look for **SHORT** opportunities.
* 🔴 NEON RED (Maximum Tension): The spring is stretched to the max downside. Sellers are exhausted. **WARNING:** Do not sell here. Look for **LONG** opportunities.
* Dark Green / Dark Red: The spring is released. The trend has started and is moving in that direction.
2. Background Zones (The Playing Field)
* 🟥 RED Background (Premium Zone): Price is statistically expensive (above the 100-candle average). Look for **SELL** setups only.
* 🟩 GREEN Background (Discount Zone): Price is statistically cheap (below the 100-candle average). Look for **BUY** setups only.
3. The Yellow Line (Anchored VWAP)
* This line represents the **Institutional Cost Basis**, anchored to the **Lowest Low of the last 200 bars**.
* Price above Yellow Line = Bullish Control.
* Price below Yellow Line = Bearish Control.
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### ⚡ STRATEGY & SIGNALS
📉 SHORT SETUP (The Snap Back)
1. Zone: Price must be in the **RED (Premium)** background.
2. Tension: Candles must turn **NEON GREEN** (Spring is fully stretched).
3. Trigger: Wait for the **"STRONG SELL"** label at the top.
4. (Bonus): "STRONG SELL (DIV)" indicates a Bearish Divergence, which is a high-probability reversal signal.
📈 LONG SETUP (The Snap Back)
1. Zone: Price must be in the **GREEN (Discount)** background.
2. Tension: Candles must turn **NEON RED** (Spring is fully stretched).
3. Trigger: Wait for the **"STRONG BUY"** label at the bottom.
4. (Bonus): "STRONG BUY (DIV)" indicates a Bullish Divergence.
---
### ⚙️ SETTINGS & OPTIMIZATION
This indicator is optimized by default for the **15-Minute Timeframe (Scalping/Intraday)**.
* PD Lookback Length (Default: 100): Calculates the High/Low of the last ~24 hours (on 15m chart) to define the daily range.
* VWAP Anchor Lookback (Default: 200): Anchors the cost basis to the lowest low of the last ~2 days.
* Min Peak Bars (Default: 5): Requires the "Neon" tension to last at least 5 bars to avoid fake-outs.
*Note: If using on Daily (1D) charts, it is recommended to lower the Lookback lengths (e.g., PD: 50, VWAP: 100).*
### ⚠️ DISCLAIMER
This indicator and description are for **EDUCATIONAL and ANALYTICAL purposes only**. They do not constitute financial advice. Trading involves risk.
---
### 🌊 KOHEN DIVE V4.6 (Ultimate System)
**Concept: The "Spring Tension" Strategy**
The Kohen Dive system is not a standard trend-following tool. It is a **Mean Reversion & Exhaustion** algorithm designed to detect when the market "Spring" is overextended and ready to snap back.
Instead of chasing the pump, this system calculates:
1. Market Balance: Is the price Cheap (Discount) or Expensive (Premium)?
2. Momentum Tension: Is the spring fully stretched (Neon Colors)?
3. Institutional Cost: Where is the Anchored VWAP?
---
### 🎨 HOW TO READ THE VISUALS (Critical)
1. Candle Colors (The Spring Logic)
Colors indicate the **Tension** of the trend, not just direction.
* 🟢 NEON GREEN (Maximum Tension): The spring is stretched to the max upside. Buyers are exhausted. **WARNING:** Do not buy here. Look for **SHORT** opportunities.
* 🔴 NEON RED (Maximum Tension): The spring is stretched to the max downside. Sellers are exhausted. **WARNING:** Do not sell here. Look for **LONG** opportunities.
* Dark Green / Dark Red: The spring is released. The trend has started and is moving in that direction.
2. Background Zones (The Playing Field)
* 🟥 RED Background (Premium Zone): Price is statistically expensive (above the 100-candle average). Look for **SELL** setups only.
* 🟩 GREEN Background (Discount Zone): Price is statistically cheap (below the 100-candle average). Look for **BUY** setups only.
3. The Yellow Line (Anchored VWAP)
* This line represents the **Institutional Cost Basis**, anchored to the **Lowest Low of the last 200 bars**.
* Price above Yellow Line = Bullish Control.
* Price below Yellow Line = Bearish Control.
---
### ⚡ STRATEGY & SIGNALS
📉 SHORT SETUP (The Snap Back)
1. Zone: Price must be in the **RED (Premium)** background.
2. Tension: Candles must turn **NEON GREEN** (Spring is fully stretched).
3. Trigger: Wait for the **"STRONG SELL"** label at the top.
4. (Bonus): "STRONG SELL (DIV)" indicates a Bearish Divergence, which is a high-probability reversal signal.
📈 LONG SETUP (The Snap Back)
1. Zone: Price must be in the **GREEN (Discount)** background.
2. Tension: Candles must turn **NEON RED** (Spring is fully stretched).
3. Trigger: Wait for the **"STRONG BUY"** label at the bottom.
4. (Bonus): "STRONG BUY (DIV)" indicates a Bullish Divergence.
---
### ⚙️ SETTINGS & OPTIMIZATION
This indicator is optimized by default for the **15-Minute Timeframe (Scalping/Intraday)**.
* PD Lookback Length (Default: 100): Calculates the High/Low of the last ~24 hours (on 15m chart) to define the daily range.
* VWAP Anchor Lookback (Default: 200): Anchors the cost basis to the lowest low of the last ~2 days.
* Min Peak Bars (Default: 5): Requires the "Neon" tension to last at least 5 bars to avoid fake-outs.
*Note: If using on Daily (1D) charts, it is recommended to lower the Lookback lengths (e.g., PD: 50, VWAP: 100).*
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.