Market Core [BigBeluga]

15 באוג׳

MARKET CORE Toolkit

The BigBeluga Market Core Toolkit is a comprehensive suite of advanced trading indicators designed to provide traders with a holistic view of market dynamics, structure, and potential opportunities.

In an ever-evolving market, relying on a single indicator can leave traders vulnerable to gaps in their analysis. The BigBeluga Market Core Toolkit addresses this challenge by integrating a range of complementary indicators that work synergistically to reveal the full picture. From detecting key support and resistance levels to identifying market structure shifts, volume imbalances, inefficiencies or analysis of money flow, this toolkit covers every aspect of market behavior.


⬤ Order Blocks


BigBeluga Order Blocks revolutionize the way traders visualize potential areas of significant market activity. Unlike traditional order block indicators that often result in cluttered, noisy charts, these Order Blocks are designed for clarity and effectiveness. They simulate and predict where large areas of market orders may rest by analyzing volume and volatility, providing excellent support or resistance areas.

The blocks offer cleaner chart presentation with reasonable distribution, volume ratio visualization within each block, and categorization into Strong, High and Balanced blocks.


Additionally, a third line has been introduced to rank order blocks by volume using a modified percent rank method for more precise ranking.



This ranking system uses percentile ranks, a concept commonly used in standardized tests. In the context of order blocks, the percentile rank of a particular order block's volume is interpreted as the percentage of the order blocks strength. This method provides a more nuanced and statistically robust way of comparing and prioritizing order blocks.

Key features:

• Cleaner chart presentation with reasonable distribution of blocks
  
• Volume ratio visualization within each block (bullish vs bearish)
  
• Categorization into High and Balanced blocks for easy identification of significant levels
  
• Relative volume percentage and volume delta display
  
• Advanced ranking system using modified percent rank method for volume comparison
  

These Order Blocks help traders:

• Forecast excellent support or resistance areas
  
• Gain insight into the balance of the market at specific levels
  
• Identify significant market levels at a glance
  
• Visualize market imbalances through volume delta
  
• Prioritize order blocks based on their relative volume importance
  
• Make more informed decisions about potential entry and exit points
  

⬤ Beluga Profile



The Beluga Profile is a revolutionary market analysis tool that transforms complex market data into a clear, intuitive visual narrative. At its core, it combines a Dual-Profile Analysis, merging Delta Volume Profile with Money Flow Profile to give traders a comprehensive view of market dynamics.

The percentage scale on the left side aren't just numbers; they represent the Levels Strength Percentage, a crucial ranking system that immediately draws your attention to the most significant price zones. Complementing this, a heat map overlay brings these strength levels to life, offering an instant, color-coded representation of where the market's most influential areas lie.


To the right, a detailed breakdown of volume and money flow for each level provides the hard data behind the visual cues. This granular information allows you to dive deep into the market's structure, understanding not just where the significant levels are, but why they matter.


Below the main chart, the Delta Volume Bar serves as a foundation, showing the average delta of the volume profile. This bar is more than just a measure of volume – it's a window into the underlying forces driving price movement. Just above this bar, a macro trend indicator in the form of an arrow offers a quick, clear signal of the overall market direction based on these delta volume calculations.


But the Beluga Profile doesn't just show you what's happening – it helps you understand the 'why' and 'how'. The Adaptive Points of Interest feature allows you to customize your analysis, focusing on the areas that matter most to your trading strategy. You can select from various options including Money Flow, Delta+, Delta-, Volume+, and Level % (Highest), tailoring the display to your specific analytical needs. This flexibility ensures you can focus on the most relevant data for your trading style. Real-time Active Price Tracking ensures you're always in sync with the latest market movements.


All of these elements work in concert, creating a symphony of market information. They empower you to:

• Spot key price levels with uncanny precision
  
• Foresee potential market turns before they happen
  
• Grasp the quality and strength of price moves
  
• Adjust your strategy on the fly as market conditions shift
  
• Develop a holistic understanding of market structure and participant behavior
  
• Make informed decisions backed by a clear view of the overall market trend
  

In essence, the Beluga Profile isn't just a tool – it's your market storyteller, translating the complex language of price, volume, and money flow into a narrative that you can understand and act upon with confidence.



⬤ Smart Money Concepts (SMC)

The Smart Money Concepts component of the toolkit focuses on automatically detecting key market structures crucial in technical analysis. It identifies and visualizes Break of Structure (BOS) and Change of Character (CHOCH) patterns, helping traders spot potential trend reversals and significant market movements. This includes BOS identification when price breaks previous support or resistance and CHOCH detection for potential trend reversals, with automatic detection of both bullish and bearish patterns.

The latest enhancement to this feature adds a new layer of analysis through Delta Volume Calculation. When a BOS or CHOCH is detected, the toolkit calculates the delta volume within the range from the high or low point to the break point. This analysis considers all the candles in this range and determines whether the volume is predominantly bullish, bearish, or neutral.

• Bullish Volume: If the delta volume is bullish, a green diamond is plotted at the high or low point, indicating potential upward momentum.
  
• Bearish Volume: If the delta volume is bearish, a red diamond is plotted, suggesting downward pressure.
  
• Neutral Volume: When the volume is neutral, a yellow diamond is displayed, indicating a balance in buying and selling forces.
  

This visual representation of volume dynamics provides an additional layer of insight, helping traders assess the strength and direction of price movements following a structure break. You can see an example of this on the attached image, where the diamonds clearly indicate the type of volume driving the breakout.


The toolkit also incorporates Fair Value Gap (FVG) Detection. Fair Value Gaps represent inefficiencies in the market, where there is an imbalance between buy and sell orders. These gaps often act as magnets for price, potentially leading to future reversals or continuations when filled. The toolkit identifies and highlights these gaps, allowing traders to recognize areas where the market may seek to rebalance.


Additionally, Double Top and Bottom Pattern Detection has been integrated, identifying potential reversal points at these classic price formations. Double tops signal potential bearish reversals after a price peak, while double bottoms suggest potential bullish reversals after a price dip. These patterns can be crucial indicators for traders looking to capitalize on upcoming trend changes.


Smart Money Concepts help traders:

• Identify potential trend reversals early with a clearer view of market structure.
  
• Recognize significant changes in market structure and volume participation.
  
• Differentiate between temporary pullbacks and genuine trend changes using volume insights (color coded diamonds).
  
• Shows Fair Value gaps which helps to identify price momentum and inefficiencies in the market.
  

This enhancement ensures that traders can not only see structural changes but also understand the volume behind those moves, leading to more informed and confident trading decisions.



⬤ Support and Resistance Levels

This powerful tool is designed to identify key price levels in the market, providing traders with a clear visual representation of potential support and resistance areas. It goes beyond simple level identification by incorporating a sophisticated ranking system and adjustable sensitivity.

The grading system of levels is a unique feature that evaluates the significance of high and low points in the price action. It takes into consideration how many times the price has touched or interacted with specific levels. This means that levels which have been tested multiple times are given higher importance in the ranking. For example, a price level that has acted as support or resistance three times will be ranked higher than a level that has only been touched once.

By leveraging this grading system, traders can focus on the most significant levels that have repeatedly influenced price action, potentially improving the accuracy of their trading decisions and risk management strategies.



This Support and Resistance Levels indicator helps traders:

• Identify and prioritize potential reversal points based on their historical significance and frequency of price interaction
  
• Set more accurate entry and exit points aligned with key market levels, focusing on those with higher ranking
  
• Understand the hierarchical structure of market support and resistance, distinguishing between major and minor levels
  
• Plan stop-loss and take-profit levels with greater precision, using the ranking to gauge the strength of each level
  
• Adapt their analysis to varying market strengths and volatilities, with the ability to filter out less significant levels
  
• Recognize recurring price patterns and potential breakout levels based on the ranked historical price interactions
  

⬤ How to Use the Toolkit

Each of these indicators, while powerful on its own, works synergistically with the others to provide a more complete picture of the market.
The strength of this toolkit lies in its ability to analyze the market from multiple perspectives

Combining these advanced trading indicators into a cohesive toolkit empowers traders with a comprehensive, multi-dimensional view of the market that no single indicator could provide on its own. The market's complexity demands an approach that goes beyond relying on just one aspect, such as price action, volume, or order flow. Integrating these diverse indicators creates a robust analytical framework that captures the market from multiple angles, leading to more accurate insights and better-informed decision-making.

• Analyze Order Blocks to identify potential support/resistance and volume imbalances
  
• Use Beluga Profile for comprehensive market structure and trend analysis
  
• Monitor SMC indicators for potential trend reversals and breakouts
  
• Utilize Support and Resistance Levels for precise entry/exit points and risk management
  
• Combine insights from all tools for a multi-dimensional view of market conditions
  

⬤ Customization
Each component of the toolkit offers various customization options to suit different trading styles and preferences. These inputs allow traders to adjust settings to better fit their analysis needs and strategies:

• Order Blocks
  - Order Blocks: Set the amount of Order Blocks on the chart.
  - Color Selection: Choose the color for highlighting the order blocks on your chart.
  
  
• Market Structure
  - Sensitivity: Adjust the sensitivity for detecting market structure breaks. Higher sensitivity will detect more granular breaks, while lower sensitivity focuses on more significant movements.
  - Data: Enable or disable the display of market structure data.
  - Zigzag Option: Toggle Zigzag displays from highs and lows.
  
  
• S/R (Support and Resistance)
  - Sensitivity: Control how sensitive the tool is in detecting support and resistance levels. Lower sensitivity will highlight fewer but stronger levels, while higher sensitivity may reveal more levels.
  - Width %: Adjust the width of the support and resistance zones to visually emphasize their importance.
  - Color Selection: Choose colors for both support and resistance levels for better clarity.
  
  
• FVG (Fair Value Gap)
  - Max: Set the maximum number of fair value gaps to display. Higher values will show more gaps, while lower values will focus on the most prominent ones.
  - Color Selection: Customize the color for the fair value gap areas.
  
  
• Volume Profile
  - Length: Define the look-back period for the volume profile analysis. A longer length considers more historical data, while a shorter length focuses on recent data.
  - Levs: Choose the number of volume levels to display, allowing for more or fewer volume bars within the profile.
  - BG: Enable or disable background shading for the volume profile.
  - HeatMap: Activate or deactivate the heat map overlay for volume intensity visualization.
  - POC (Point of Control): Toggle the Point of Control display and choose between different metrics, such as volume+, money flow, Delta+ and Delta-, Level % (Highesr), to base the POC on.
  - Color Selection: Customize the color for the Point of Control line.
  

These customization options provide traders with the flexibility to tailor the toolkit to their specific trading strategies, enhancing their ability to identify key market signals with precision.

Each component of the toolkit offers various customization options to suit different trading styles and preferences.

The BigBeluga Market Core Toolkit synthesizes complex market data into clear, actionable formats, providing traders with professional-level insights. It's a comprehensive market analysis system that can give traders a significant edge in understanding market behavior and identifying high-probability trade setups. While highly effective, it's recommended to use this toolkit in conjunction with fundamental analysis and sound risk management practices for optimal trading results.

שלשום

הערות שחרור

• New order blocks with new metrics
  
• Refactor code base
  
• Added increased FVG adjustability
  
• Added liquidity grabs and flow
  
• Added Fibonacci ranges
  
• Added MTF Highs and lows added
  
• Added Strong/Weak H&L
  
• Added Internal/Swing Market Structures