Impulse & Balance is a versatile TradingView indicator designed to identify and label critical market dynamics based on key price action behavior. It highlights three essential levels: Impulse, Balance, and Apex, offering traders a structured view of market trends, momentum shifts, and potential reversal points.

• Balance: Marks price levels where the market stabilizes, indicating equilibrium zones that could act as support or resistance.
• Impulse: Identifies levels where strong momentum drives the market, signaling key breakout or continuation areas.
• Apex: Highlights pivotal price points where market momentum peaks, often signifying potential turning points or exhaustion zones.

This indicator analyzes multi-dimensional price behavior, providing traders with insights into market structure, trend strength, and reaction points. Whether you’re a trend trader or looking for reversal opportunities, “Balance & Impulse” equips you with actionable levels to enhance your trading strategy.

Key Features:

• Auto-detection of Balance, Impulse, and Apex levels.
• Works across all timeframes and market types.
• Dynamic and customizable to fit individual trading preferences.

Use Cases:

• Spotting potential breakout or reversal zones.
• Understanding market momentum and structural shifts.
• Enhancing confidence in entry and exit decisions.