Level Scope › Volume and spread

Climax

A wide-spread bar on ultra-high volume that closes away from its own extreme. Tom Williams' buying and selling climax.

What it looks like on a chart

A mark under the bar. No level.

Settings, as they are actually applied on each timeframe. A dash means this scanner emits no settings string. Where a number differs by timeframe, that is a span of chart time resolved into bars.
Timeframe	Bars of history it reads	Settings	Events, last 30 days
M15	120	—	239
M30	120	—	135
H1	120	—	73
H4	120	—	7
D1	120	—	1

What we measured

Nothing of our own attached.

What it does not claim

The close position is the trap. MQL5's VSA script and AGPro's detector both define a buying climax as closing at the high — the exact inverse of Williams, who requires it to close off the high because that is where supply entered. We follow Williams. Anyone comparing against those two will see a different bar set, and that is the definitions differing, not a bug.

Where the definition comes from

TradeGuider SOS principle 6

Show Climax on a chart