DTT Volatility Grid (NINE/ANARR) [Pro+]

Concept Introduction & Indicator Features

This tool is designed to automate the Digital Time Theory (DTT) framework created by Ivan and Anarr, and leverage the DTT Volatility Grid [Pro+] to navigate the advanced realm of Time-based statistical trading.

Built upon the proprietary Digital Time Theory (DTT), this script equips traders with an edge in analyzing Time and price-based market behavior. It is designed for intraday traders of all asset classes, and breaks down the entire Daily range into Time Models and Inner Time Intervals. This tool is powered by data-driven insights, helping traders anticipate expansions, understand Time distortions, and assess market volatility at specific Times of the trading day

Indicator Features

Time-Based Models and Volatility Awareness:

The indicator automatically populates the chart with DTT's Time Models. These Time Models, represented by specific Time Intervals, are engineered to highlight volatility injections within key sessions, offering traders clear insights into market dynamics and potential shifts.

Average Model Range Probability (AMRP):

Know the average volatility expected for specific Time Models and use AMRP Levels (and Standard Deviation) to gauge the probability of a range break or failure, based on historical price action and Time data.

Root Candles and Liquidity Draws

Visualize Root Candles as draws on liquidity, showcasing premium and discount areas, and the starting point of a Time based price movement. Understand how the opening price and equilibrium of each Root Candle can serve as a framework for your trade executions. Distribution or accumulation above or below Root Candles can also be observed and utilized.

Extended Visualization

Observe prior Model Ranges into the current Time Model, including the High, Low, and Equilibrium from the previous Time Models, helping traders visualize potential support or resistance areas.

Lookback Periods and Model Count

Use customizable lookback periods to adjust the number of past models, providing further insight into market behavior over a chosen historical range. This can help to keep charts clean and organized with one model displayed or multiple for backtesting purposes.

Detailed Data Table

The real-Time data table allows traders to view the AMRP and range data for selected models, providing an easy reference for model behavior and volatility dynamics. The table can depict all Time Model average ranges for reference and study, providing insights to whether the previous models have exceeded their historical range volatility, or not.

Using DTT Volatility Grid [Pro+] Effectively

Understand Premium and Discount Areas: By tracking Time-based ranges and using DTT's Root Candles and Previous Model Equilibrium, traders can quickly assess whether price is trading in premium or discount territory during intraday sessions.

Expecting Volatility and Time-Sensitive Trades

Knowing when a move is nearing exhaustion or when Time-based distortions are likely to cause an expansion allows traders to stay ahead of sudden market shifts. The Inner Intervals and Root Candles in combination, highlight the volatility ranges across various Timeframes, giving traders insights into which Times of the day are likely to experience heightened market activity as per DTT.

Avoiding Low Volatility Periods

The AMRP system helps traders identify times of the day where price action is likely to slow down or become choppy, encouraging traders to step aside or reduce risk during these times. If the AMRP was extended above the average of the previous Time model and the current model depicts an average range probability of low volatility, then traders can sit out in anticipation for a model with higher volatility.

Model History

• 1 History will keep the chart clean, only displaying one model at a time.

• The maximum lookback available is 13 models, but this may vary depending on the timeframe. For example, on the 1-minute chart, due to data limitations, you can set up to 13 models.

• 

Analyst Insights: Adjust the History setting based on your preference for visual clarity versus historical context on the chart.

Model Labels

This option allows users to toggle the display of model labels on the chart. By enabling this feature, you can see clearly labeled models for better visualization, backtesting, and reference.

• Unchecked: Keeps the chart clean and free from model labels, useful when you want a more minimalist view.

• Checked: Displays the labels directly on the chart, helping you quickly identify and analyze the models in play.

Analyst Insight: For enhanced visibility, you can add a separate indicator specifically for displaying model labels. Add the indicator to a new pane in your TradingView layout (as seen in the provided layout) to have the model names shown at the top of your charts, keeping your primary chart clean while still having easy access to model labels.

Time Intervals

Time Intervals: Start/End

These settings allow you to display vertical lines marking the start and end of the model. The Start/End lines help you quickly identify the boundaries of a model on the chart.

• Unchecked: Hides the start and end lines, useful for a cleaner view.

• Checked: Displays vertical lines marking the start and end of each model.

Analyst Insights: Adjust the color and style (Solid, Dotted) to best match your chart's layout and preferences.

Time Intervals: Intervals

The Intervals setting adds vertical lines within the model, representing inner intervals. These intervals are fractalized DTT-engineered time intervals and are often looked at as smaller pivots in price within the models.

• Unchecked: Hides the inner interval lines, keeping the chart more minimalist.

• Checked: Displays vertical lines that help highlight key points within the model.

Analyst Insights: Use Intervals to track smaller pivots within the model and fine-tune your analysis. You can also customize the line style (Dotted, Solid) to better differentiate between Start/End and Interval lines

Root Candles

Root Candles: ON/OFF

Purpose: Marks the opening and equilibrium of 1-minute candles to provide pivotal reference points for higher timeframe analysis.

NEW! - Extend Root Candles

Extend?: Extends the price line from previous Root Candles, allowing traders to monitor previous roots on current price.

Options

Unchecked: Turns off the Root Candles display. Checked: Enables the display, with options to highlight the opening price or equilibrium.

Analyst Insight: Use Root Candles to identify potential retracement points within larger intraday swings.

Root Candle Styling

Box: Visualizes the range of the Root Candle for better understanding of volatility within the model.

Unchecked: No box displayed.

Checked: Box displayed to highlight the full range.

Line: Adds a line to delineate Root Candle boundaries.

Time Marker: Displays exact times for Root Candle formation.

Analyst Insight: These stylizations enhance precision when aligning Root Candles with intraday trading setups.

Previous Model Range

Purpose: Displays the high, low, and equilibrium levels of the previous Intraday DTT Model, aiding in trend continuation or reversal strategies.

Options:

High & Low: Marks key resistance and support zones.

Equilibrium: Tracks the midpoint of the previous range as a critical reference level.

Labels: Toggle labels for easy identification of previous range levels.

Analyst Insight: Use previous ranges to anticipate price reactions at historical levels, ensuring data-driven trade decisions.

Average Model Range Probability (AMRP)

Purpose: Calculates the expected range probability for Intraday DTT Models based on historical performance.

Settings:

Lookback Period: Default is 9 models; this can be adjusted for recent or extended analysis.

Level & Deviation: Toggle boundaries and deviations from the AMR for greater insight into market extremes.

NEW! - AMRP Projections

Projections: Add projections above and below the AMRP zones to track price when it expands beyond the AMRP zone.

Labels: Provides visual cues for AMR levels and deviations.

Analyst Insight: The AMRP is crucial for determining risk-reward ratios and identifying high-probability trading setups.

Data Table

Purpose: Displays all key model statistics, including range, AMRP, and deviations, in a concise format.

Options:

Show Current Model: Focuses on active data.

Show All Models: Provides a broader overview of past models for historical context.

Display Adjustments:

Size: Normal, Large, Small.

Positioning: Right, Middle, Left.

Analyst Insight: Use the Data Table to quickly assess volatility and range probabilities for current and historical Intraday DTT Models.

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