M-01 uses open, high, low, close, and volume (OHLCV) data from closed candlesticks to combine market direction, bullish and bearish signals, volatility, estimated delta, regression channels, structural areas, and average true range (ATR)-based risk distances into a reference trade plan.
It is designed for traders who want to view signals, entry, SL, TP, and overall market conditions together on the main chart.
What can I use M-01 for?
M-01 can help you:
-
Quickly review bullish or bearish direction and the latest confirmed signal.
-
View reference entry, stop loss, and multiple take profit levels together.
-
Use regression channels, support and resistance, order blocks, or range areas to assess price location.
-
Review candle-level buying and selling pressure proxies and historical signal statistics.
How to read the chart layers and panels
1. Signal labels
M-01 can display several types of bullish and bearish signals directly on the main chart.
Standard long and short labels indicate the basic directional conditions identified by the indicator. Long or short labels with a star icon indicate stronger conditions, while breakout long and breakout short indicate that additional structural or price-volume conditions have been met.
These signals are analytical references only and do not place orders.
2. Entry, SL, and TP levels
Entry, SL, and TP1–TP3 form a reference trade plan generated from the indicator's signals and ATR-based risk distances.
These levels are not pending orders and do not guarantee that an order will be filled or that price will reach the indicated level.
3. Other chart layers
Optional chart layers include:
-
Regression channels
-
Volatility rails
-
Order blocks
-
Support and resistance
-
Pivot labels
-
Range boxes
-
Two moving averages
-
Candlestick coloring
These layers can be enabled or disabled depending on the information you want to focus on.
Floating panels
M-01 supports up to four floating information panels.
1. Market signal
The Market signal panel summarizes the current signal, historical signal count, TP trigger statistics, and current reference trade plan.
It is enabled by default and positioned at the bottom left. When first used, the panel is collapsed.
2. K-line order flow
The K-line order flow panel shows estimated buying and selling volume, buyer and seller percentages, estimated delta (the difference between estimated buying and selling volume), smoothed relative strength, and the recent market state.
It is enabled by default and positioned at the top right.
3. Aggregate delta
The aggregate delta panel summarizes the estimated difference between buying and selling volume over the selected statistical window. It is disabled by default.
4. Market Analysis
The Market Analysis panel provides a rule-based summary of EMA, RSI, ATR, estimated Delta, and multi-timeframe direction. It is disabled by default.
Suggested reading sequence
1. Check the latest confirmed signal. Start by identifying whether the current state is bullish, bearish, or wait.
2. Check the price location. Confirm whether price is still close to the reference entry rather than chasing a move after price has already moved far from the planned area.
3. Review the risk. Check whether the distance to SL fits your own risk budget before considering the available TP space.
4. Check the surrounding structure. Use the regression channel, support and resistance, or order blocks to see whether price is crowded or approaching a structural boundary.
5. Look for confirmation. Finally, check whether the order flow proxy and your selected lower-panel indicator support the same direction.
Settings overview
M-01 settings cover several groups of controls, including:
-
Trade-plan display options
-
Signal types and labels
-
Bullish, bearish, and candlestick colors
-
The four floating panels and their positions
-
Delta period
-
Boundaries and regression channels
-
Volatility rails
-
Order blocks
-
Support, resistance, and Pivots
-
Moving averages
-
Range boxes
More sensitive settings will generally produce more signals and make the indicator more responsive to short-term price changes.
When adjusting M-01, consider changing one group of settings at a time and using chart replay to compare the results.
Confirmation and replay
M-01 confirms signals, order blocks, and pivots using closed candlesticks.
During chart replay, the main chart, floating panels, and statistics use only data that would have been available up to the current historical point. They do not use price action to the right of the replay position.
Structures that require later candles for confirmation will therefore appear later during replay. This is part of the normal confirmation process and prevents future data from being used prematurely.
M-01 limitations and risks
1. Order flow and delta are estimates
M-01's delta, buyer volume, seller volume, and order flow are proxy estimates derived from closed OHLCV data.
They are not based on actual tick-by-tick trades, the full order book, footprint data, or complete market-wide order flow..
2. Missing volume is not zero volume
Missing volume data and valid zero-volume data are not the same.
If the required volume data is unavailable, related fields or panels may display an unavailable state. Missing data should not be interpreted as zero buying or selling activity.
3. Historical TP statistics do not predict future results
TP trigger statistics describe historical samples only. They do not represent a future hit rate and do not account for every factor that can affect actual trading results, including slippage, fees, and trading conditions.
4. Market analysis has analytical limitations
The market analysis panel is a deterministic rule engine. It is not a remote large language model prediction and does not provide personalized investment advice.
5. Signals and plans can fail
Signals and reference trade plans can become invalid quickly, particularly during choppy markets, sudden price spikes or wicks, and major news-driven moves.
FAQs
1. Do the different signal types represent fixed win-rate levels?
No. The different signal types represent different combinations and strengths of indicator conditions. They do not correspond to guaranteed or fixed win rates.
2. Why does K-line order flow show unavailable?
The current candlestick or statistical window may not contain sufficient valid volume data. Without that data, M-01 cannot reliably estimate buying and selling pressure.
3. Does collapsing a floating panel stop the indicator from calculating?
No. Collapsing a panel only changes how it is displayed. The underlying chart layers and indicator calculations continue to operate.
Related resources
-
SmartK charts and indicators: Overview: Learn how to use SmartK charts, indicators, settings, and replay.
-
M-03 Multi-timeframe positioning intelligence: Provides additional multi-timeframe context. Selecting M-03 will replace the currently active main-chart indicator.
-
S-01 Volume-price resonance distribution: Provides additional price-volume pressure analysis.
-
S-02 Wavetrend momentum divergence: Provides additional momentum and divergence analysis.
Disclaimer
Market data, indicators, signals, and trade plans provided by M-01 are intended solely to assist users with market analysis and trading research. They do not constitute a recommendation or advice from Toobit regarding any asset, trading strategy, or investment activity.
The analysis is based on historical and current market data and may be affected by market conditions, data quality, and other factors. Users should make independent decisions based on their own risk tolerance and remain responsible for their own trading decisions.
