Failed Auction Screener

Meaning: This is an OHLCV close-location estimate, not exchange bid/ask volume. Rising values suggest bars closing nearer their highs; falling values suggest closes nearer their lows.

How to use: Use CVD direction to validate failed-auction fades. A bearish failed auction with weakening CVD usually has better follow-through.

Meaning: Normalized delta measures how unusually strong the current bar’s pressure is relative to recent bars.

How to use: Higher absolute Z values indicate stronger flow events. Combine with wick rejection to separate real traps from noise.

Meaning: The proxy combines unusually directional OHLCV pressure with rejection at a recent extreme. True absorption requires bid/ask volume-at-price data.

How to use: Absorption + failed auction often marks high-quality reversal zones, especially near prior extremes.

Meaning: Continuation means the OHLCV pressure proxy and price both extend beyond prior structure instead of rejecting it.

How to use: If continuation appears after a failed auction setup, fade edge can weaken. Prefer setups where continuation is absent or quickly rejected.

Meaning: Acceptance confirms that initiative buyers/sellers are still in control and price is holding outside prior levels.

How to use: Treat acceptance tags as trend-strength context. For contrarian entries, reduce size when acceptance opposes your fade.

Meaning: Sequence signals a two-step structure where continuation is followed by acceptance, often indicating cleaner directional control.

How to use: When sequence prints against your failed-auction direction, tighten risk or skip marginal setups.

Meaning: A/B grades classify the OHLCV proxy pattern. They are relative shortlist grades, not footprint-confirmed absorption grades.

How to use: Prioritize A-grade names for shortlist reviews first, then B-grade names if the level ratio remains favorable.

Meaning: Each signal is tagged as Neutral, Continuation, Trap, or Absorption Proxy to summarize its OHLCV-derived behavior.

How to use: Use Flow state as a fast triage layer: Absorption/Trap for reversal focus, Continuation for momentum context, Neutral for lower conviction.

When to use: Use when the latest candle sweeps below the recent range low, then reclaims back inside.

Trigger: Lower wick holds below prior low, close re-enters range, and volume does not collapse.

Confirmation: Follow-through above the failed-auction reference or immediate higher-low response.

Risk: Avoid late chasing if price already rotates deep toward the opposite side of range.

When to use: Use when the latest candle sweeps above the recent range high, then fails back inside.

Trigger: Upper wick rejects the breakout and close returns under the prior range high.

Confirmation: Next bar sustains under the reference level or prints immediate lower high behavior.

Risk: Thin breakout traps can re-expand fast, so invalidation above the failed extreme matters.

When to use: Prioritize when the signal prints with above-average participation rather than passive drift.

Trigger: Volume ratio above 1.2x usually improves rejection significance for short-term rotation ideas.

Confirmation: Range expansion and strong wick ratio together tend to produce cleaner shortlist quality.

Risk: Low-volume failed auctions can remain noisy and may just reflect random mean reversion.

When to use: Use the close as a trigger reference, the failed extreme as invalid, and the range as model levels.

Trigger: Level 1 is the midpoint; Level 2 is the opposite side of the prior range.

Confirmation: High-conviction names retain usable distance to the model levels after closing back inside the range.

Risk: If the close is already too deep into the range, fade edge compresses quickly.