OPEN-SOURCE SCRIPT
⚔️ The Scalpel

⚔️ THE SCALPEL v2.0
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Surgical-Grade Market Structure Detection System
🔬 WHAT IS THE SCALPEL?
The Scalpel is a precision-engineered market structure analyzer that identifies and tracks critical support and resistance zones with surgical accuracy. Unlike conventional S&R tools that flood your chart with noise, The Scalpel cuts through the clutter to reveal only the most significant price structures.
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⚙️ CORE TECHNOLOGY
▸ Pivot-Based Detection Engine
Advanced pivot analysis calibrated by user-defined precision settings
▸ Tissue Integrity Validation
Filters structures based on candle body-to-range ratios
▸ Dynamic Stress Analysis
Tracks zone interactions and removes exhausted levels automatically
▸ Volatility-Adaptive Zones
Zone width scales with ATR for consistent performance across all markets
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎨 VISUAL SPECTRUM
💜 STERILE ZONES (Electric Violet)
Fresh, untested structures with maximum potential
🔴 COMPRESSION ZONES (Magenta Fire)
Tested resistance ceilings under selling pressure
🩵 FOUNDATION ZONES (Neon Teal)
Tested support floors with proven buyer interest
✨ PLASMA AURA EFFECT
Multi-layered glow effect for enhanced visibility
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📐 PARAMETERS
🔪 Blade Precision (1-10)
Higher = fewer but sharper pivots detected
🩺 Tissue Integrity % (30-90)
Minimum candle body percentage required
📏 Incision Depth (0.1-2.0 ATR)
Controls zone thickness based on volatility
💉 Stress Threshold (1-10)
Maximum touches before zone invalidation
📐 Projection Range (10-200)
How far zones extend into the future
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💡 HOW TO USE
1. Fresh sterile zones (violet) are your highest-probability setups
2. Watch for price reaction at zone boundaries
3. Tested zones confirm structure but may have diminished strength
4. Zones auto-remove after stress threshold is reached
5. Use projection range to anticipate future tests
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 BEST FOR
✓ Scalping & Day Trading
✓ Swing Trade Entries
✓ Stop Loss Placement
✓ Take Profit Targeting
✓ Multi-Timeframe Analysis
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ DISCLAIMER
This indicator is for educational purposes only. Always conduct your own analysis and use proper risk management. Past performance does not guarantee future results.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🏷️ TAGS
support resistance zones SNR pivot points market structure scalping day trading swing trading price action order blocks smart money supply demand technical analysis
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Surgical-Grade Market Structure Detection System
🔬 WHAT IS THE SCALPEL?
The Scalpel is a precision-engineered market structure analyzer that identifies and tracks critical support and resistance zones with surgical accuracy. Unlike conventional S&R tools that flood your chart with noise, The Scalpel cuts through the clutter to reveal only the most significant price structures.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚙️ CORE TECHNOLOGY
▸ Pivot-Based Detection Engine
Advanced pivot analysis calibrated by user-defined precision settings
▸ Tissue Integrity Validation
Filters structures based on candle body-to-range ratios
▸ Dynamic Stress Analysis
Tracks zone interactions and removes exhausted levels automatically
▸ Volatility-Adaptive Zones
Zone width scales with ATR for consistent performance across all markets
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎨 VISUAL SPECTRUM
💜 STERILE ZONES (Electric Violet)
Fresh, untested structures with maximum potential
🔴 COMPRESSION ZONES (Magenta Fire)
Tested resistance ceilings under selling pressure
🩵 FOUNDATION ZONES (Neon Teal)
Tested support floors with proven buyer interest
✨ PLASMA AURA EFFECT
Multi-layered glow effect for enhanced visibility
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📐 PARAMETERS
🔪 Blade Precision (1-10)
Higher = fewer but sharper pivots detected
🩺 Tissue Integrity % (30-90)
Minimum candle body percentage required
📏 Incision Depth (0.1-2.0 ATR)
Controls zone thickness based on volatility
💉 Stress Threshold (1-10)
Maximum touches before zone invalidation
📐 Projection Range (10-200)
How far zones extend into the future
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
💡 HOW TO USE
1. Fresh sterile zones (violet) are your highest-probability setups
2. Watch for price reaction at zone boundaries
3. Tested zones confirm structure but may have diminished strength
4. Zones auto-remove after stress threshold is reached
5. Use projection range to anticipate future tests
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 BEST FOR
✓ Scalping & Day Trading
✓ Swing Trade Entries
✓ Stop Loss Placement
✓ Take Profit Targeting
✓ Multi-Timeframe Analysis
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ DISCLAIMER
This indicator is for educational purposes only. Always conduct your own analysis and use proper risk management. Past performance does not guarantee future results.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🏷️ TAGS
support resistance zones SNR pivot points market structure scalping day trading swing trading price action order blocks smart money supply demand technical analysis
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.