A morning of red candles
Nasdaq futures have been falling since the New York open, one red candle after another on the hourly chart. Every new low makes price look cheaper. Before any order, three questions. Will this drop tend to be dampened, or stretch further? How far has price traveled from the day's open? And if it turns, where would a buy enter, stop out and take profit?
Three PulseFlow indicators take one question each, on the same chart: PulseFlow Gamma Regime Manual, Daily Targets ±4% and PulseFlow Nasdaq Dip Breakout 1H. Over that run of red candles they draw three answers: the kind of session you are in, the ground already lost and a plan that waits for the turn.
Will the drop stretch? The gamma background
Part of how far a move runs can come from how options dealers hedge, and a handful of gamma levels suggest whether they are likely to dampen the next move or chase it. Gamma Regime Manual draws those levels on your NQ/MNQ chart: the Gamma Flip, the estimated price where gamma turns from positive to negative or back, plus the Call Wall, the Put Wall and other lines.
The background answers at a glance: green for positive gamma, where moves tend to be dampened; red for negative gamma, where they tend to stretch further; yellow near the Flip, where the regime may be changing. A compact panel and four alerts keep the Flip and the walls in view. You copy the levels by hand each day before the New York open, from a free gamma-data provider; they are modeled estimates and can differ between providers.
How far has it fallen? The day's lines
Daily Targets ±4% starts from the day's opening price: an aqua line at the open, four green levels above it and four red below, each labeled with its price.
Here it answers a plain question: how many red lines has the drop crossed, and which one comes next? "It has fallen a lot" becomes a measured distance from the open, with the next level already on the chart.
Where would a buy enter? The plan, before the trade
Nasdaq Dip Breakout 1H is long only. It waits for a decline, then draws a buy-stop plan: the order only triggers if price turns back up through a recent high. A blue line marks the pending buy stop, a red line the stop loss and a green line the take profit, all before the trade exists. A one-line panel shows the state, and one alert per bar close tells you each step, from placing the order to the exit. Since the plan is decided at bar close, a live order can fill at a different price.
Back to the red candles: a hypothetical example
In the opening scene, the background is red: today, moves tend to stretch further. Price has crossed the first red Daily Targets line and sits near the second. Dip Breakout has drawn a blue buy stop above a recent high, with its stop loss below and its take profit above.
Nothing has triggered yet, so you have time to compare. Would price have to cross the Gamma Flip, where the regime may change, to reach the take profit? Is there a Daily Targets line between entry and target, or the Put Wall right next to the stop? On its own, the buy stop is a line above a falling market. With the other two layers, you can see where it sits: in which regime, how far from the open and between which levels.
Setting up the chart
Open NQ1! or MNQ1! on the 1-hour chart with back-adjustment (B-ADJ) on, so contract rolls do not look like price jumps. Dip Breakout draws nothing on other timeframes and says so in its panel. The other two are intraday tools; check that they display as expected on the hourly chart. Gamma levels go in as NQ prices: the indicator converts nothing.
TradingView's free Basic plan allows two indicators per chart, so the third needs a higher plan. To keep the chart readable, show only today's Daily Targets and hide the 0DTE walls.
And red means four things on this chart: a red background is negative gamma, the red Put Wall line is a gamma level, a red Daily Targets line is simply below the open, and the red Dip Breakout line is the stop loss.
Prices
Prices for PulseFlow indicators are not active for now: details are in the pricing section.