Trap Zone — Shinobi Lab

Purpose
Trap Zone draws a clean intraday “no-man’s-land” and its surrounding + / – zones so you can quickly see where momentum trades are favored — and where to avoid fighting the tape. It also overlays ADR bands to frame extreme extensions.

How it works

Trap Zone core: Built from recent high/low lookbacks and key MAs. You can include MA200 in the box bounds (on by default) for stronger regime context.

+1 / –1 zones: Dynamic bands just outside the Trap Zone, sized by an adaptive EB minimum (bar-size floor based on instrument price) or average body size.

ADR bands (+/–): Daily range estimate using the last 20 sessions with outlier filtering (keeps the 5 most representative ranges under a safe cap).

Anchoring & visuals: New zones/ADR levels are projected from the prior session close with configurable left/right extension, labels (“++”, “––”, “+++”, “–––”), and a skull label inside the box.

Why it’s useful

Clarity at a glance: Above the box → long context; below the box → short context. Inside the box = trap area where signals are lower-quality.

Avoid the worst spots: The shaded center helps you skip chop and wait for clean breaks.

Frame extensions: ADR lines highlight when price is getting stretched beyond a typical session move.

Main features

MAs: 8 / 20 / 200 / 500 (200 is optional in the box logic).

Lookbacks: independent highs/lows for precise box edges.

Adaptive EB sizing drives +1 / –1 placement.

Outlier-robust ADR calculation.

Customizable colors, labels, and projection length.

Best practices

Treat the Trap Zone as a filter, not an entry signal.

Favor longs for signals above the box and shorts for signals below it.

Use with your signal tool (e.g., EB/TB V11.4) to time entries while the Trap Zone provides bias and location.

Inputs (highlights)

Include MA200 in Trap Zone (on/off)

Bars for High / Low (lookback)

Visual Extension Zones & Left Visual Extension

Show Zones / Show ADR Labels

MA lengths (8/20/200/500)

Notes

Designed for equities; ADR is computed at the end of the regular session and projected forward.

Works on intraday charts; precision set to 2 by default.