Market Pulse Index

Overview
Market Pulse Index condenses intraday market breadth into a single, color-coded score from -7 to +7 on intraday timeframe charts. It analyzes gap behavior and the markets internals into a single “pulse” line with an optional adaptive envelope that reacts to session volatility.

Designed for U.S. regular hours (09:30–16:00 ET), it actively highlights real-time regime shifts.

• Unified Sentiment Score (-7…+7): Fast, visual proxy for broad intraday risk-on/off.
  
• Intraday Session Awareness: Resets logic and envelopes each cash session; plots during 09:30–15:55 ET.
  
• Gap Regime Intelligence
  
• Internals: VOLD, ADD, NYSE TICK Momentum, NASDAQ TICK Momentum, TICK Counter, and UVOL/DVOL.
  
• Filtered vs. Raw Data Modes: Choose smoother Filtered (dynamic moving average) or immediate raw data for maximum responsiveness.
  
• Adaptive Envelope: Session-aware bands with gradient fill that reflects trend acceleration/deceleration.
  
• Configurable Visuals: Pick Bull/Bear colors and envelope transparency; non-overlay pane keeps price clean.
  
• Calculation Timeframe Override: Optionally compute on a fixed TF (e.g., 5m) while viewing any chart TF.
  

Conclusion
Market Pulse Index bridges multiple intraday breadth streams into one decisive line—ideal for confirming bias, filtering setups, and spotting regime transitions. Use the score and envelope together: strong positive readings with expanding envelope favor risk-on continuation, while deep negatives with persistent breadth weakness warn of risk-off conditions. Pair with your entries, levels, and risk controls for a complete intraday framework.