The MORE indicator plots percentile extension levels (above/below the broken side) that quantify how far price has historically moved prior to an open retest if a retest occurs, giving traders objective context for stretch vs. common movement around structural breaks.
MORE uses embedded statistical datasets constructed from extensive historical price behavior across multiple timeframes.
Each dataset represents conditional empirical outcomes—specifically, how far price extended beyond a prior candle’s high/low before retesting its open on the same timeframe.
Open-retest probabilities: Displays the empirical likelihood of retesting the current open following a break, with sensitivity to when in the interval the break occurred (early/late breaks can behave differently).
Break-aware logic: MORE activates only after the current timeframe has broken the prior candle’s high/low. No break → no extensions.
Pre-retest extension percentiles: Five percentile bands (e.g., 25/50/75/85/95) show how far price typically extends before any open retest on the broken side.
Multi-timeframe dashboard: Monitor multiple reference timeframes (e.g., 1h → 12h) while viewing any chart timeframe. See which breaks are active and the highest percentile reached this interval.
Filtering with a threshold: User can enter a threshold for the historical probability so that the open, zones, levels and dashboard only show for timeframes above this user defined input. e.g. input of 70%, zone and levels will only be drawn when the historical data was greater than or equal to this level.
Show selected timeframe or all untested opens the dashboard is showing as “Active”
As a toggle option, the user can select to show all of the untested and active opens available for retest with their probabilities. These open lines will extend to the end of the HTF interval givingthe user an easy visual to see how long left price has to retest that open before the interval closes.
The user can easily see what is happening with multiple higher timeframes, without having to leave the lower timeframe chart. This helps the user not get lost on the lower timeframe and allows for the focus to be on entry confirmations in the right areas.
