Overview
A volume-based indicator that highlights "mousetraps", the spots where late buyers or sellers got trapped against the move. When price comes back to retest those zones, a high-probability fade often plays out.
How it works
- Detects exhaustion candles with disproportionate volume vs the surrounding range
- Marks the trap zone with a colored band that persists across timeframes
- Optional alerts when price re-enters a fresh trap zone
Best for: short-term traders on the 1m-15m timeframe looking for high-conviction reversal setups against trapped liquidity.