Shihai [ElevenX]

Shihai is your complete tool for analyzing market structure using multi-timeframe EMAs, sentiment-based bias signals, and dynamic level tracking.

Key Features

• Bias Signals: Shows bullish/bearish sentiment using configurable sensitivity and symbol crossreference.
• Multi-Timeframe EMAs: Plot fast/slow bands across 1h, 4h, and daily charts — fully customizable.
• Dynamic Key Levels: Auto-display open, previous H/L, and range levels across daily → yearly.
• Custom EMA Zones: Define your own EMA and visualize it with optional dynamic zones.
• Bonus Tools: Experimental vectors, aVWAPs, and nPOCs for deeper structure insight.

Settings Overview

All Shihai settings are grouped into the following sections:

1. Signal Logic

• Select Sensitivity: Controls how reactive the signal logic is.
• Crossreference Symbol: Pull sentiment from another chart (e.g. USDT.D).
• Invert Logic: Flip signal direction.
• Limit Signal Prints: Restrict signals per chart view.
• Signal Colors: Define separate styling for bullish/bearish markers.

2. EMA Display

• Fast/Slow/Super Fast: Input your preferred EMA lengths.
• Timeframe-Specific Toggle: Enable EMAs per timeframe (1h, 4h, Daily).
• Custom EMA: Plot any EMA by name, TF, and length.
• EMA Zones: Optional zone band around your custom EMA (based on % distance).

3. Key Levels

• Level Types: Daily, Weekly, Monthly, Quarterly, Yearly.
• Toggle Ranges, Mid, H/L: Select which sub-levels to show.
• Text ShortHand: Use compact labels instead of full text.
• Global Styling: Adjust size, color, line style/width across all levels.

4. Styling & Vectors

• Vector Colors: Use up to 4 directional arrows with unique colors.
• Regular Arrows: Optional white/gray up/down signals.
• Override Chart Symbol: Visualize logic from another ticker while keeping main chart clean.

5. Experimental (aVWAP & nPOC)

• aVWAP: Plot monthly, quarterly, or YTD anchored VWAPs (optional).
• nPOC: Show developing naked point of control levels from daily to monthly.
• Price Range / Gap Size: Fine-tune how POC clusters are displayed.
• Note: These features are experimental and may evolve in future versions.

How to Use Shihai

1. Open your TradingView chart and add the Shihai [ElevenX] indicator.
2. Set your desired Sensitivity for signal behavior and (optionally) crossreference symbol.
3. Enable and configure the EMAs you want to display (e.g. 1h fast + daily slow).
4. Turn on key levels for your preferred timeframes (daily → yearly).
5. Use the bias, levels, and zone visuals to assess market control, pullbacks, or confluence.

Shihai is ideal for traders who want multi-layered confirmation using clean visuals, bias signals, and structure-based overlays — all in one unified tool.