Dark Pool Pulse – Lite

Dark Pool Pulse Lite

This indicator provides an observational proxy for dealer gamma exposure using only price and volume data. It helps users visualize whether market makers may be leaning long gamma (potential stabilizing flows) or short gamma (potential destabilizing flows). For educational and informational purposes only.

Key Features

0–100 oscillator representing an estimated dealer-gamma proxy.

Bullish zone (above 60): dealers may be long gamma → potentially absorbing volatility.

Bearish zone (below 40): dealers may be short gamma → potentially amplifying volatility.

Background tint for quick visual context.

Optional summary table showing current value and interpretation.

Alert conditions for crosses of the 60 and 40 thresholds.

How It Works

The indicator measures volume-weighted directional pressure and normalizes it over a rolling lookback window. The value is smoothed and mapped into a 0–100 oscillator:

Above 60 → potential positive gamma conditions.

Below 40 → potential negative gamma conditions.

40–60 → neutral or balanced zone.

All calculations are performed internally using only price and volume.

Settings

Lookback Length (default 20): Number of bars used for normalization.

Smoothing Length (default 10): EMA smoothing applied to the proxy.

Show Summary Table: Toggles the optional value/interpretation panel.

How to Use

Add the indicator to any chart or timeframe.

Observe the oscillator levels:

A move above 60 may reflect a more stabilizing dealer environment.

A move below 40 may reflect a more destabilizing environment.

Use the background tint for quick contextual bias.

Enable alerts for threshold crossings if desired.

Adjust settings to match your preferred responsiveness.

Notes

For educational and informational purposes only.

Not financial, trading, or investment advice.

No signals or recommendations are provided.

Source code protected to maintain proprietary calculation methods.