HTF-level Proximity Filters

HTF-level Proximity Filters turns the HTF-level proximity filter idea into a running gate on the chart. It maintains a fourteen-level inventory (prior day, week and month high, low and close, plus a floor pivot ladder) measures the distance to the nearest reference on each side, in ATR multiples or as a percent of price, and resolves long and short gates every bar. Clearance mode (the default) blocks a long while a level sits within the threshold overhead; proximity mode passes only signals firing at a level. The nearest levels plot with a proximity glow.

How to Trade the HTF-level Proximity Filters?

• Long: Blocked: a level sits inside the threshold overhead. Clearance mode discards longs launched straight into the obstacle.
• Near-level state: price is at a reference. Confluence for proximity-mode entries, caution for signals aimed into the level.
• Above / Below rows: the nearest reference each side doubles as the first-target candidate in a trade's path.

The gates never generate signals; this is the filter stage of the composition toolkit, adjudicating locations for signals produced elsewhere.

HTF-level Proximity Filters Settings

• Filter Mode (default Require Clearance): veto near-obstacle signals, or require firing at a level.
• Proximity Threshold (default 0.25): the distance that counts as at a level, in the active unit.
• Distance Units (default ATR Multiples): or % of Price.
• ATR Basis (default Daily) with Length (default 14): the prior day's ATR as the yardstick; the chart ATR above daily.
• Level inventory: prior day, week and month high/low/close all enabled by default; Floor Pivots (default enabled) from the D timeframe.
• Untested Levels Only (default disabled): drop references already traded through until their period rolls.
• Dashboard & style: gate panel on, level labels on, near-level background off.

Frequently Asked Questions

How does this differ from Pivot Points?

How should the threshold be chosen?

Can another script consume the gates?