Description:

Original website: you will easily find it on the Google

Original Price: $ 899

Content: indicator file .txt

TradingView VERSION

ORIGINAL VERSION,THIS IS AN ORIGINAL VERSION

ORIGINAL VERSION,THIS IS AN ORIGINAL VERSION

FULL ITEM DESCRIPTION

Day Type Radar Pro Indicator TradingView – Advanced Market Structure & Session Analysis

Understand the Trading Day Before Making Your Next Decision

Day Type Radar Pro Indicator for TradingView is an advanced intraday market analysis tool designed to help traders understand how a trading session develops through price structure, Initial Balance behavior, breakout acceptance, rejection, rotation, and late-session expansion.

Instead of relying on traditional BUY and SELL arrows, Day Type Radar focuses on a more fundamental question:

What type of trading day is currently developing, and how does price behavior compare with historical session patterns?

Built for TradingView using Pine Script, the indicator combines market structure analysis, session event detection, volatility normalization, visual chart annotations, and historical reference statistics within a single analytical interface.

Day Type Radar is particularly useful for traders who want to distinguish between trending conditions, rotational price action, failed breakouts, and expanding market ranges.

Key Features

• Advanced Intraday Market Structure Analysis
• Automatic Trading Day Classification
• Initial Balance (IB) Detection
• Trend and Balance Day Recognition
• Drive Event Detection
• Probe-Reject Identification
• Accepted Breakout Recognition
• Trap and Failed Breakout Detection
• Rotation Event Analysis
• Late-Session Expansion Detection
• ATR-Based Volatility Normalization
• Historical Event Statistics
• 1R, 2R and 3R Reference Level Analysis
• Real-Time Trading Session Dashboard
• Visual Chart Annotations
• Session Event Sequence Tracking
• Configurable Alerts
• TradingView Pine Script v6
• Suitable for Multiple Financial Markets

What Is Day Type Radar Indicator?

Day Type Radar is a market-context indicator developed to analyze the structure and behavior of intraday trading sessions.

Traditional indicators often focus on isolated conditions such as moving-average crossovers, oscillator thresholds, or momentum changes.

Day Type Radar takes a different approach.

It evaluates how price behaves in relation to the developing session range, important reference levels, and previously detected events.

The indicator can identify whether a market is exhibiting characteristics associated with a trend day, balanced session, rotational environment, or more complex intraday structure.

Its visual dashboard helps traders follow the evolution of the session without manually interpreting every price movement.

How Does Day Type Radar Work?

The indicator analyzes intraday price activity and evaluates a sequence of market events.

These events help describe how the market is responding to important session levels.

1. Initial Balance Detection

The Initial Balance represents the price range established during the opening portion of a trading session.

Day Type Radar identifies this range and uses it as an important reference for subsequent market behavior.

Traders can monitor whether price remains inside the Initial Balance, breaks beyond it, or returns to the range after an unsuccessful expansion.

2. Market Event Recognition

As the session progresses, the indicator identifies specific price behaviors and labels them directly on the chart.

The recognized events include:

• Drive
• Probe-Reject
• Accepted Break
• Trap
• Rotation
• Late Expansion

Each event contributes to the developing interpretation of the trading day.

3. Trading Day Classification

The indicator evaluates session structure to identify the developing day type.

Possible classifications include trending, balanced, and rotational or churn-like conditions.

These classifications provide market context rather than guaranteed trading signals.

4. Historical Reference Statistics

Day Type Radar includes historical event statistics that allow traders to review how similar events behaved in previous sessions.

The dashboard can display event counts and historical reference-level outcomes.

These figures help traders study recurring market behavior, but they are not predictions of future performance.

Six Advanced Market Structure Events

Drive – Directional Market Expansion

A Drive event identifies a directional price movement associated with the developing session structure.

It can highlight periods when the market moves decisively away from an important reference area.

This information may help traders recognize directional participation and expanding intraday momentum.

Probe-Reject – Testing and Rejecting a Price Level

A Probe-Reject event describes a market attempt to move beyond a reference level that fails to maintain acceptance.

This behavior may indicate temporary rejection, reduced directional commitment, or a return toward the previous trading range.

Accepted Break – Breakout Acceptance

An Accepted Break event highlights price action that moves beyond an important reference area and meets the indicator’s acceptance criteria.

It can help distinguish between an initial breakout attempt and a more established move outside the reference range.

However, accepted breakouts can still reverse.

Trap – Failed Breakout Behavior

A Trap event identifies price behavior consistent with a failed breakout or a reversal after an attempted expansion.

These events are useful for traders studying false breakouts, liquidity tests, and rapid changes in market direction.

Rotation – Range and Two-Way Trading

Rotation events highlight market behavior associated with movement between reference areas rather than sustained directional expansion.

This can help traders recognize sessions characterized by two-way price activity.

Late Expansion – Delayed Session Breakout

Late Expansion identifies directional range development occurring later in the trading session.

This event can help traders recognize markets that transition from earlier consolidation into subsequent expansion.

Advanced Day Type Classification

One of the indicator’s central capabilities is its interpretation of the developing trading day.

Trend Day

A trend-oriented session generally demonstrates directional movement and expansion away from important reference levels.

Balance Day

A balanced session is characterized by greater price overlap and trading within an established range.

Churn or Rotational Conditions

These conditions describe sessions with repeated directional changes, overlapping price action, and less consistent trend development.

Understanding these environments can help traders decide whether their own strategies are appropriate for the current market.

Day Type Radar does not guarantee that a session classification will remain unchanged.

ATR-Normalized Market Analysis

Financial instruments have different volatility characteristics.

Gold, equity index futures, currency pairs, and cryptocurrencies can move through substantially different price ranges.

Day Type Radar uses Average True Range (ATR) normalization to evaluate price movement relative to recent volatility.

This approach helps make session-event measurements more comparable across different instruments and market conditions.

It does not eliminate the need for instrument-specific configuration.

Historical Event Statistics Dashboard

The indicator includes a statistics panel designed to provide context for recognized market events.

Depending on the event and available historical observations, the dashboard may display:

• Event occurrence counts
• Historical resolved outcomes
• Reference-level reach percentages
• 1R milestone statistics
• 2R reference outcomes
• Event-specific historical observations

These statistics can help traders compare the current session with historical market behavior.

Important: Historical percentages are descriptive statistics. They should not be interpreted as guaranteed probabilities or verified trading-system win rates.

Visual Trading Session Dashboard

Day Type Radar provides an integrated information panel that summarizes the developing session.

The dashboard may include:

Current Day Type: The indicator’s classification of the developing trading session.

Session Status: Information about the active or completed session.

Event Sequence: A summary of recognized market events in chronological order.

Initial Balance Information: Reference range and related session measurements.

Historical Statistics: Event counts and reference-level outcomes.

Latest Event: The most recently identified market structure event.

This makes the indicator useful for traders who prefer visual, structured market information.

Chart Annotations and Session Visualization

Day Type Radar displays relevant market events directly on the TradingView chart.

Its visual elements can include event labels, session reference areas, breakout regions, and colored markers.

These annotations allow traders to connect the information shown in the dashboard with actual price action.

The result is a more organized view of the trading session.

TradingView Alerts

The described version supports configurable alerts, including text and JSON-style alert messages.

These may be useful for monitoring selected events without continuously watching the chart.

Alert availability and message structure should be checked against the actual script version and TradingView account capabilities.

Supported Markets

Day Type Radar is intended for intraday analysis across several types of financial instruments.

Gold – XAUUSD

Analyze gold session structure, breakout acceptance, failed expansions, and rotational conditions.

Futures Markets

Study intraday behavior in markets such as ES, MES, NQ, and MNQ, subject to suitable session settings and data availability.

Forex

Analyze currency-pair price structure and session behavior using appropriate market hours.

Cryptocurrency

Observe directional expansion, failed breakouts, and rotational behavior in continuously traded markets.

Stocks and Indices

Examine session development and price behavior around important intraday reference levels.

Note: Session boundaries, volatility characteristics, and data feeds vary by market. Configuration may need adjustment for each instrument.

Why Use Day Type Radar?

Market Context Instead of Simple Signals

Day Type Radar focuses on understanding market behavior rather than generating isolated trade-entry arrows.

Structured Session Analysis

It organizes the trading day around Initial Balance, breakouts, rejection, rotation, and expansion.

Historical Context

Event statistics provide an additional reference when evaluating the developing session.

Multiple Market Applications

ATR-normalized measurements support analysis across instruments with different volatility profiles.

Visual Clarity

Chart annotations and the dashboard make complex session information easier to monitor.

Who Is Day Type Radar Best For?

Intraday Traders: Traders who analyze the structure and development of individual trading sessions.

Gold Traders: Users studying XAUUSD breakouts, session expansion, and false-breakout behavior.

Futures Traders: Traders who follow Initial Balance, opening-range behavior, and directional session development.

Price Action Traders: Users interested in breakout acceptance, rejection, and rotational market structure.

Discretionary Traders: Traders seeking additional market context to support their own decision-making process.

Recommended Trading Conditions

Installation and Setup

The installation method depends on the supplied TradingView script format.

For a Pine Script source-code file:

1. Open TradingView and select the desired market chart.
2. Open the Pine Editor.
3. Insert the supplied Pine Script code.
4. Save the script under an appropriate name.
5. Add the indicator to the chart.
6. Review the session and time-zone settings.
7. Configure the Initial Balance and volatility parameters.
8. Adjust the dashboard and event display settings.
9. Configure alerts if supported by the installed version.

For protected or invite-only scripts, access and installation are controlled through TradingView and the script publisher.

Important Information

Day Type Radar is an analytical indicator, not an automated trading strategy or execution system.

Its event classifications and historical statistics should be used as supporting information rather than independent proof of profitable trading opportunities.

Historical market behavior does not guarantee future outcomes.

Final Overview

Day Type Radar Pro Indicator TradingView brings together Initial Balance analysis, intraday day-type classification, six market structure events, ATR-normalized measurements, and historical event statistics.

Its combination of visual annotations and a session dashboard makes it an interesting tool for traders seeking a deeper understanding of how markets develop throughout the trading day.

For traders who value price action, session structure, breakout acceptance, and market context, Day Type Radar offers a structured framework for intraday analysis.