PiPi (Price Infrastructure & Position Interface)

Category: market_structure

A framework-based indicator that establishes price 'Levels' and organizational containers 'Contexts' to map market structure and Fibonacci retracements.

Formula

\text{Level Middle} = \frac{\text{High} + \text{Low}}{2} \\ \text{Fib Level} = \text{High} - (\text{High} - \text{Low}) \times \text{Factor} \\ \text{Level Range} = [\text{Value} - \sigma, \text{Value} + \sigma] \text{ where } \sigma = \text{size} / 2

Inputs

• input_1 (default: 30)
• input_2 (default: 0.1)
• input_3 (default: 3)

See signal primitives and every published strategy that uses PiPi (Price Infrastructure & Position Interface) on WOBR StrategyVerse.