OPEN-SOURCE SCRIPT
Level Targeting Heatmap (Effort -Targets)
Level Targeting — Volume-Based Heatmap
Level Targeting visualizes price zones where the market previously approached with elevated relative volume.
These zones represent targets, not signals.
The indicator is built on a simple idea:
price moves with effort, and effort is expressed through volume.
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What it shows
• Heatmap zones where price was approached on high relative volume
• Zones represent price ranges, not exact levels
• Stronger zones indicate repeated market interest
• Separate visualization for zones above and below current price
• Optional focus on nearest targets or recently active zones
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How to read it
• Levels = targets
• Volume = effort
• The path to a level matters more than the level itself
• Volume anomalies are questions, not buy/sell signals
• The market is always being driven, held, or distributed
⸻
What this indicator is
✔️ A market context filter
✔️ A statistical heatmap of historical market attention
✔️ A tool to understand where the market has previously paid to be
⸻
What this indicator is not
✘ Not a buy/sell signal
✘ Not predictive on its own
✘ Not a trading system
⸻
Design philosophy
This indicator adapts naturally to timeframe and chart scale.
Zones may change with zoom level — this is intentional and reflects contextual market structure, not repainting.
Designed for analysis, not automation.
Level Targeting visualizes price zones where the market previously approached with elevated relative volume.
These zones represent targets, not signals.
The indicator is built on a simple idea:
price moves with effort, and effort is expressed through volume.
⸻
What it shows
• Heatmap zones where price was approached on high relative volume
• Zones represent price ranges, not exact levels
• Stronger zones indicate repeated market interest
• Separate visualization for zones above and below current price
• Optional focus on nearest targets or recently active zones
⸻
How to read it
• Levels = targets
• Volume = effort
• The path to a level matters more than the level itself
• Volume anomalies are questions, not buy/sell signals
• The market is always being driven, held, or distributed
⸻
What this indicator is
✔️ A market context filter
✔️ A statistical heatmap of historical market attention
✔️ A tool to understand where the market has previously paid to be
⸻
What this indicator is not
✘ Not a buy/sell signal
✘ Not predictive on its own
✘ Not a trading system
⸻
Design philosophy
This indicator adapts naturally to timeframe and chart scale.
Zones may change with zoom level — this is intentional and reflects contextual market structure, not repainting.
Designed for analysis, not automation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
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 open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
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.