Mastering Urgency in Trading with Shaved Bar Indicator

In fast-moving markets, timing is everything. One of the most powerful signals is the shaved bar: a bullish candle with no lower tail or a bearish candle with no upper tail.

These bars show no overlap with prior candles, signaling clear intent and momentum.

Update – go here for the indicator: https://zentradingtech.com/2024/02/08/indicator-gaps/

It is a GAP indicator – goto settings and turn on URGENCY

https://www.tradingview.com/script/kydtsICb-Zen-Gaps/

Why Urgency Matters

Urgent price action reflects a sudden and forceful market reaction — often triggered by unexpected news, aggressive buying, or intense selling pressure. These rapid moves are frequently marked by shaved bars, and they often indicate:

  • Momentum bursts that spark new trends.
  • Breakout signals that reveal aggressive buying or selling pressure.
  • Reversal clues showing when price rapidly rejects key levels.

By highlighting urgent bars, the Zen Urgency v1 indicator helps traders focus on the most impactful price movements. These bars are especially useful in breakout strategies, momentum scalping, and reversal setups, where identifying urgency can improve entry timing and risk management.

Key Features of Zen Urgency v1

  1. Customizable Urgency Thresholds
    • Adjust the percentage threshold for identifying urgent bull and bear bars. Lower settings capture more signals, while higher thresholds isolate the strongest urgency moves.
  2. Body Range Control
    • Filter out weak signals by requiring urgent bars to have a meaningful body size relative to their range. This ensures you focus only on impactful moves.
  3. Customizable Visuals
    • Choose your own arrow colors to match your chart style.
    • Set your preferred arrow size (Small, Normal, or Large) for clear visibility on your chart.

How to Use Zen Urgency v1 in Your Trading

  1. Trend Confirmation: Use urgent bullish bars to confirm trend strength and urgent bearish bars to spot potential reversals.
  2. Entry & Exit Timing: Urgent bars near key support/resistance levels can signal optimal trade entries or exits.
  3. Momentum Scalping: Combine Zen Urgency v1 with fast-moving indicators (e.g., VWAP, moving averages) to capitalize on high-energy moves.

Example Trading Strategy

Step 1: Identify a strong bullish trend with price making higher highs and higher lows.
Step 2: Look for an urgent bull bar breaking above a key resistance zone — a sign of aggressive buying pressure.
Step 3: Enter a long position with a stop below the urgent bull bar’s low to manage risk.
Step 4: For exits, watch for an urgent bear bar near resistance or signs of slowing momentum.

Final Thoughts

The Zen Urgency v1 indicator is designed to simplify urgency detection — allowing traders to focus on high-impact price moves with confidence.

Whether you’re trading breakouts, momentum scalps, or key reversals, this tool provides a powerful visual cue for decisive action.

3 responses to “Mastering Urgency in Trading with Shaved Bar Indicator”

    1. adventuroussweetly3329970500 Avatar
      adventuroussweetly3329970500

      Hi Tim,
      Thank you very much for making this platform helpful and insightful. I’m very big fan of entire Al brooks Team.

      Would you please help me to get this indicator? somehow i am getting errors when i tried to open this link v1/https://www.tradingview.com/script/0aiSvBCE-Zen-Urgency-v1/

      Thank you 🙂

      Like

Leave a reply to adventuroussweetly3329970500 Cancel reply

I’m Tim

Welcome to Zen Trading Tech.

I’m a Aussie day trader and I post trading tips, practice drills, and indicators that helped my trading get to a professional level.

Everything here is to help train the eyes and hands to trade better. If it helped me I’ll post it for others. Hope you enjoy!