THINKORSWIM RECEIPT INDICATOR
The Superior Ledger HUD v2.2
Options Odds Dark Pool Level Proxy & Institutional Receipt Tracker
Stop guessing where Wall Street hides its largest block orders. The Superior Ledger HUD v2.2 is an advanced algorithmic tracking script for ThinkOrSwim that exposes institutional foot printing and maps dark pool accumulation zones directly onto your charts. By pairing statistical volume variance with standard deviations, it pins permanent key levels based on definitive algorithmic commitment.
⚡ The Core Mechanics
Unlike retail indicators that rely on lagging price data, this script tracks Institutional Volume Architecture via a strict two-step handshake:
- Volume Z-Score Isolates extreme volume spikes, filtering out standard retail noise.
- F-Ratio Variance Check Validates structural shifts in volume distribution to confirm institutional block orders or iceberg execution.
- Permanent Receipt Anchors: When both metrics trigger on a strong candle close, the HUD locks a permanent Bull Receipt (Green) or Bear Receipt (Red) horizontal line across your chart.