What it does
SD Projections finds the manipulation leg behind each change in the state of delivery and projects it forward in standard deviations. It draws targets and confluence; it does not give buy or sell signals in the main edition.
How it works
- A run of down candles makes a low; the first candle's open is the CISD level.
- When a candle closes above that open, the run's low becomes level 1 and its high level 0 (mirror for bearish legs).
- Optional filters: the leg must sweep the lowest low of the previous 20 bars and must be at least 0.5 × ATR(14).
- Levels 1, 0, −1, −2, −2.5 and −4 are drawn. The −2/−2.5 block is the primary reaction area; the −4/−4.5 block is maximum expansion.
- Events are marked: −2 reached, a close beyond −2.5 (continuation to −4 becomes more likely), −4 hit, and invalidation on a close back beyond 1.
- Unmitigated fair value gaps and equal highs/lows are drawn; a ◆ marks a projection level that lines up with one of them, or a −4 that sits inside another projection's −2/−2.5.
How to use it
Work top-down: use a higher timeframe for direction, put the indicator on the middle timeframe to find legs and targets, and execute on a lower timeframe. Treat −2/−2.5 as the first objective and give most weight to levels marked ◆. The ProSuite edition adds an order-block retest entry with a stop beyond the sweep and targets at −2 and −4.
Settings
| Input | Default | What it changes |
|---|---|---|
| Levels | 1, 0, −1, −2, −2.5, −4 | Which projection lines are drawn |
| Leg must sweep liquidity | On | Only legs that take a prior low/high qualify |
| Min leg size | 0.5 × ATR | Filters out small, noisy legs |
| Points of interest | On | FVGs and equal highs/lows used for ◆ confluence |
Limitations
Projections are a framework, not a forecast; a trending market can run through every level. Average legs tend to reach −2/−2.5, small expanding legs −4, and very large legs often only −1, so read the leg size before expecting a target.