SBP Structured Pressure OscillatorSBP Pressure Oscillator — Description
The SBP Pressure Oscillator is a multi-factor analytical tool designed to evaluate market conditions by combining trend, momentum, volatility, and structural behavior into a single unified framework.
It provides a normalized oscillator along with contextual signals to help identify potential areas of market imbalance and directional shifts.
Core Concepts
This indicator integrates several internal components:
Trend Engine — Uses smoothed moving averages to determine directional bias
Momentum Analysis — ATR-based impulse measurement for strength detection
Volatility Filter — Identifies expansion and contraction phases
Structure Logic — Incorporates swing-based breakout and continuation behavior
Multi-Timeframe Alignment — Optional higher timeframe confirmation
These components are combined into a composite scoring system, which forms the basis of the oscillator and signal logic.
Oscillator Behavior
The oscillator is normalized between -100 and +100
Extreme zones highlight potential overextended conditions
A smoothed trendline overlay helps visualize directional flow and momentum shifts
Signals
Primary Signals
Generated when multiple internal conditions align
Include:
Extreme positioning
Momentum shift
Trend confirmation
Optional structure and MTF filters
Additional Signals
Early and momentum-based signals provide supplementary context
Can be enabled or disabled via settings
Confidence Score (CS)
Each signal includes a Confidence Score (CS):
Represents the degree of internal alignment between indicator components
Higher values indicate stronger confluence of conditions
The score is not predictive and does not guarantee outcomes
Customization
Users can adjust:
Trendline visibility, color, and thickness
Momentum, structure, and MTF filters
Minimum confidence threshold
Additional signal visibility
Disclaimer
This script is intended for informational and educational purposes only.
Signals are generated based on internal conditions and should be used as analytical references, not as financial advice or trading recommendations.
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