Entropy Pulse Pro
- Indicatori
- Versione: 1.1
📊 Description
Entropy-Kinetic Breakout Pulse (EKBP) is a next-generation technical indicator that fuses Shannon Entropy (information theory) with Kinetic Energy (physics of momentum) to detect genuine market breakouts. It measures market uncertainty and the underlying force of price movements, providing clear, non-repainting signals with automatic TP/SL levels.
Unlike traditional oscillators that rely solely on price or volume, EKBP quantifies the disorder in price action and the energy behind each move, allowing traders to enter at the exact moment when chaos turns into order and momentum aligns.
✨ Key Features
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Entropy Line (White) – Measures market uncertainty on a scale of 0 to 1.
– High values ( > 0.7 ) indicate random, directionless price action.
– Low values signal the emergence of a clear trend. -
Energy Histogram (Green/Red) – Represents the kinetic energy of price movement.
– Positive (green) = bullish momentum.
– Negative (red) = bearish momentum.
– Color intensity reflects momentum strength. -
Non-Repainting Signals – All calculations use only closed bars; signals do not disappear or shift historically.
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Automatic TP/SL Lines – After a valid signal, the indicator draws three Take Profit levels and one Stop Loss line based on your preferred method:
– ATR Multiplier (adaptive to volatility)
– Fixed Pips (constant distance)
– Percentage of entry price -
Customizable Parameters – Fine-tune entropy period, energy smoothing, EMA filter, signal thresholds, and TP/SL distances.
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Object Management – Old TP/SL lines are automatically removed after a configurable limit to keep your chart clean.
🔍 How It Works
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Entropy Calculation
Over a defined window ( InpEntropyPeriod ), price changes are divided into bins ( InpNumBins ). Shannon entropy is computed from the frequency distribution and normalized to [0,1]. High entropy = high uncertainty; low entropy = low uncertainty. -
Kinetic Energy Calculation
Kinetic energy is derived from the formula:
Energy = 0.5 × Volume × (Price Change)²
This captures both the mass (volume) and velocity (price change) of each bar. The result is smoothed and signed (positive for up moves, negative for down moves). -
Signal Generation
A signal is generated when:-
Entropy drops sharply from the high zone ( > InpHighZoneThresh )
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Energy exceeds the average by a factor of InpEnergyMult
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Price closes above/below the EMA ( InpEMAPeriod ) for buy/sell confirmation.
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TP/SL Drawing
Immediately after a signal, horizontal lines are plotted at calculated TP1, TP2, TP3, and SL levels. The method (ATR / Fixed Pips / Percentage) is selected via InpTPSLMethod .
