This indicator is a port of the Visualizing Displacement concept by tradeforopp. It helps newer traders visually identify when a market displacement has occurred — a key concept in momentum-based trading and smart money methodologies. The tool highlights areas where price makes an aggressive move away from recent value, signaling potential shifts in market structure or interest from larger participants.
Tech Specs
Built for NinjaTrader v8
Tradingview Version
https://www.tradingview.com/script/n6djFgQH-Visualizing-Displacement-TFO/