Taper Flow Detector for Sierra Chart

🔍 How It Works

The study detects volume tapering at candle extremes, identifying exhaustion points where institutional activity often reverses price. Key components include:

• Extreme Tick Volume Check – Ensures volume is present at the high or low
• Taper Validation – Confirms consistent volume growth toward the bar interior
• Imbalance Filter – Optional counter-orderflow verification to avoid false signals

Signals are generated only when multiple conditions converge, giving a clear edge for both long and short setups.

📊 Visual Signal System

• LONG Signal Marker – Appears below candle lows for bullish taper
• SHORT Signal Marker – Appears above candle highs for bearish taper
• Customizable Marker Size & Offset – Fully adjustable for clean chart display

⚙️ Core Features

✅ Configurable Taper Depth – Number of ticks from extreme to evaluate
✅ Minimum Volume & Ratio Settings – Control sensitivity to volume patterns
✅ Imbalance Detection – Optional filter to reduce false signals
✅ Fully Customizable Marker Colors and Size
✅ Works on Any Chart Type – Trades, Range, Volume, Renko, or Time-based charts
✅ High-Performance ACSIL Code – Optimized for low-latency detection
✅ Suitable for All Liquid Instruments – ES, NQ, CL, GC and more

🧠 Who It's For

• Intraday Traders seeking high-probability reversals
• Swing Traders monitoring medium-term exhaustion points
• Orderflow Traders analyzing institutional activity
• Technical Analysts wanting objective volume-based signals

🎯 Trading Applications

• Reversal Detection – Identify potential turning points before price accelerates
• Entry Timing – Use markers as high-confidence entry cues
• Volume-Based Confirmation – Combine with other studies for enhanced accuracy

📁 Included Files

• TaperFlowReversal_64.dll – Compiled study for Sierra Chart

🔧 Installation Instructions

1. Copy the .dll file into your SierraChart/Data folder
2. Open Sierra Chart → Analysis → Studies
3. Click Add Custom Study
4. Locate Taper Flow Reversal and add it to your chart
5. Customize parameters via Study Settings

🔒 Licensing & Disclaimer

• Individual License: Each download is locked to your Sierra Chart Username.
• Activation: To activate your license, email your SC Username to contact@tradingedgeresources.com. Activation is usually completed within 24 hours.
• Trading Disclaimer: Signals provided by this study do not guarantee profits. Always trade with proper risk management and verify signals within your own trading methodology.