three panels, one screen

Built for the account you're trying to keep.

the tape
Tape

Dealer walls, the gamma flip, the expected move, the regime. Every level shows how far away it is and how often price actually gets there. Most days, most levels don't. We say so. Around it: the daily pattern and momentum reads, the calendar, liquidity, the cross-market rail, and set-up lights that show entry, target and the window to play out in.

wall inside 0.5 EM → reached 67% of days345 sessions, 2024–2026, ES
the record
Blackbox

Your fills, stamped with what the screen showed when you clicked. Expectancy, MAE and win rate by regime, by session, by which trade of the week it was. Getting better, or getting lucky? It knows.

R-multiples, not dollarsdollars measure sizing, not skill
the rules
Altimeter

Height above the floor. How far you are from the trailing drawdown, the daily limit, the contract cap, the consistency rule and the flat-by clock. Your firm's plan, not a generic one.

Topstep · Apex · Tradeify · Alpha Futures · TPTpresets, checked against the firm's published rules
the state · trader and pro plans

Three years of figuring out what matters before the open. This is what survived.

One screen you can read top to bottom in under a minute. Which regime you're in. Where the levels sit and whether they're in reach. Which way the tape is leaning, what's on the calendar, how fast you've been trading, and how you're holding up. Signals. Not a wall of numbers.

Dealer gamma
Positive
+5bn · building 8 d/d · dip-buy regime strengthening
Liquidity
Expanding
NL 5,917B · 20d +124B · TGA 818B injecting
Session phase
Pre-open
RTH in 41 min · witching week · 4-day week
Read
Fade dips
pinned book, EM tight (1.2 ATR): expect a band tag, not a trend
LevelsES · 06:30 CT · distance in ATR · reach odds
7,728+1 EM+0.6 EM · tag 65%
7,715Call wall · 5.0bn+0.4 EM · reach 67%
7,713240m EMAfalling −3 / 3 sess
7,694Pocket R7,676–7,694
7,673Spot0.5 ATR under the EMA
7,657Pocket Sin the buy zone
7,618−1 EMtag 25%
7,540Put wall · 0.7bn−2.9 EM · reach 1%

Gamma flip 7,130 · between the walls a middle-third entry reaches a wall 1% of days · NDX book positive, flip 27,696.

TapeES · pit and 240m
240m EMA slopefalling −3.03 sessions60m EMA sloperising +10RTHPit EMA 15/30m7,665 / 7,656price below3/10 divergencein linestretch +0.2 ATRDaily patternNR7contraction → expansionRange expansion↑7,711 / ↓7,624100% of Fri 29p5-day ATR58pRTHPinball 2ROC77 ↑overbought, risingEM / ATR1.2band-tag day
Breadth & flow09:52 CT · live
SPX put/call0.85call-heavy · z −2.4 spikeVOLD+1.8Bup-volume leading · 68th pctSector breadth8 / 11 greentech, discretionary leadVehicle strengthQQQ 53 › GLD 42 › ES 39 › IWM 20RMISemis · Mag-7560.3 · 69.2SMH · MAGS10y · vol4.94 · 18.9TNX · VXXCluster phasepost-dipA-leg odds 39.5% vs 29.8Drift gate0 downno drift edge
Calendarwhat can move you
Wed 05:30Retail SalesHIGH
Wed 11:00FOMC decisionBAN DAY
Sep 15TGA: quarterly taxes inDRAIN
Sep 24COST earningsVOL
This weekWitching · 4-day weekFLAGS
Seasonal (STA)57 · neutralMonAlmanac lenses55 / 50 / 53composite 52Setup densitySep richwk2 mid · ~1/wk
Trade pacedescriptive, never a block
4this week · your ceiling 2–3
week
4 / 2–3 · OVER
month
7 / 10–12
after 10:30
2 · −0.40R avg

Your fourth trade of the week averages −0.12R. Your first three average +0.55R. The line is yours; we only draw it.

Pilotopt-in · Apple Watch / Oura
Heart rate
103
HRV
37 ms
Room
37 dB

Elevated, top decile of your own baseline. On days like this your MAE runs 1.4× normal. Know it before you click. Sleep and workouts come from your own watch, scored against your own baseline and your own rule.

ES · 06:30 CT · positive gamma
call wall   7,715   +0.4 EM   reach today 67%
+1 EM       7,728   +0.6 EM   tag odds   65%  (EM 1.2 ATR)
240m EMA    7,713
spot        7,673   0.5 ATR under the EMA
−1 EM       7,618
put wall    7,540   −2.9 EM   reach today 1%
between the walls: a middle-third entry reaches a wall before returning to entry 1% of days
tape

A level only counts if price can actually get there.

Most published walls sit two or three expected moves away and never print. We went and measured it, across hundreds of sessions. So every level here shows its distance and the odds it gets touched today, and you know which ones are targets and which ones are wallpaper.

  • Futures-native: gamma from ES, NQ, RTY options, not an SPX proxy
  • Regime flag: gamma sign × liquidity × session phase
  • Nothing here says buy or sell. It says where, and how often.
  • Pattern and momentum: NR7, inside and outside days, Pinball 2-ROC, ROC and 3/10 divergences, range expansion
  • Set-up lights (Pro) with the trade plan: where to enter, where to sell, and by when it should have played out
  • The rest of the state: calendar with the almanac lean, Fed and TGA liquidity, 10y, dollar, oil, gold, vehicle strength
blackbox

It grades you against you.

Every fill gets stamped with what the screen showed at the moment you clicked. Thirty trades in, you can see which conditions you actually make money in. And which ones you only think you do.

  • Read-only sync from ProjectX, Tradovate, Rithmic, NinjaTrader export, CSV
  • Expectancy and MAE by regime, session, gate, trade number of the week
  • Cells under 30 trades are not reported. Small samples lie.
  • Open any trade: notes, tags, an execution rating, screenshots, planned stop and target, so every fill carries an R
  • MAE and MFE from the intraday bars over the trade, a running P&L line, and the give-back you left on the table
  • R per trade and MFE-against-MAE across the period, a search over your record, and a CSV of any view
last 60 trades · R-multiples
positive gamma   n=38   +0.42R   win 58%   MAE 0.6R
negative gamma   n=22   −0.31R   win 36%   MAE 1.1R
first 3 trades / wk n=27  +0.55R
trade 4+ / wk     n=33   −0.12R
after 10:30 CT    n=19   −0.40R
pace this week: 4 trades · your norm 5
Topstep XFA 50K  2026-09-12  14:40 CT
balance now       $550     (EOD peak $1,000)
max loss floor    −$1,000  room $1,550
daily loss limit  −$1,000  room $550   today −$450
contracts         2 / 2    at cap      next step $1,500
consistency       34%      target ≤ 40%
winning days      2 / 5    ($150+ each)
flat by           15:10    30 min
altimeter

The rule lives in a PDF. The breach happens on your screen.

One touch of the trailing drawdown and the funded account is gone. Tapeworm turns every rule into a number that moves with your open P&L, so "how much room do I have" stops being mental math at 2:58 with a position on.

  • Trailing max loss, end-of-day or intraday, exactly as your firm computes it
  • Daily loss limit, contract scaling by balance, consistency ratio
  • Minutes to flat-by, counted down
blackbox · performance, measured

Not a journal. A flight recorder for your trading.

Every fill lands stamped with the state of the market and the state of you: how you slept, your training, your heart rate, how many trades you'd already taken. Blackbox finds your own patterns from the data, not from what you remember to write down: the hour you give money back, the set-up that only works for you, the short nights that cost you the next morning. Prop account or your own money, and the data is yours. Export it whenever you like, in a format Tradervue and a plain spreadsheet can both open.

Bring your fillsread-only · never routes
TopstepX ProjectX
Tradovate API
NinjaTrader export
Rithmic API
Tradovate CSV
IBKR Flex
Tradervue import
CSV any

No prop firm? Connect your broker or drop in a CSV. The Altimeter shows your limits instead of a firm's. Same math.

export CSVexport Tradervueexport JSONdelete everything
Septembernet R by day · click a day for the fills
M
T
W
T
F
S
S
1
2
3
4
5
8
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10
11
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15
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Month+6.8R11 days · 7 greenWorst day−2.1R · Sep 83 trades after 10:30, negative gammaConsistency34%largest day / cycle
By regimelast 60 · R
positive gamma+0.42Rn 38 · win 58%negative gamma−0.31Rn 22 · win 36%inside the walls−0.18Rn 29at a level+0.61Rn 31
By timesession · R
06:30–08:00+0.48Rn 3408:00–10:30+0.09Rn 17after 10:30−0.40Rn 19Mon · Fri+0.2 · −0.3n 11 · 12
ExcursionMAE / MFE
median MAE0.6Rwinners 0.3Rmedian MFE1.4Ryou bank 0.7R of itstop hit then target22%stop too tight?notes · tags · shotson every fillR per trade · MFE vs MAEhistogram · scatterpoints-based, fees excluded

Anything under 30 trades stays hidden. Small samples flatter everybody.

moneyness · on every plan

Meet Moneyness. She explains the screen, then reads your record back to you.

Every number on Tapeworm has a reason behind it, and you shouldn't need a textbook to find it. Moneyness sits in the corner of every page. Ask what negative gamma means and she answers with today's flip, not a definition from 2009. Ask when you trade best and she does the math on your own fills. The one thing she won't do is tell you what to trade. That stays your call.

Ask her anything on the screenexample conversation

what does negative gamma mean?

Dealers hedge in the same direction as price: they sell into weakness and buy into strength. Moves get amplified, so ranges widen and trends can run further than usual.Right now ES is in negative gamma (flip 7,764.64).

when am I least profitable?

Across your 129 trades, your least profitable entry hours are 1 PM to 2 PM ET: −$412 over 18 trades, 39% winners (only 18 trades, thin).

should I short here?

I can explain what the numbers mean, but I can't tell you what to trade, whether to buy or sell, or where price will go. The decision and the risk are always yours.

What she answersin plain English
  • The TapeGamma, walls, the flip, the EM band, with the numbers you're looking at.
  • Options basicsThe greeks, vanna, charm, and why they matter to a futures trader: dealers hedge their options by trading the futures, so the greeks show where that forced buying and selling tends to come from.
  • Your recordYour best and worst hours, weekdays, long vs short, which setups pay.
  • Your habitsRe-entries right after a loss, and days you went over your own max.
  • The appHow Blackbox, the Altimeter and imports work.

When she doesn't know something, she says so. We read every question she couldn't answer and teach her, so she knows a little more each week.

Your record, in sentencesfrom 40 trades

Once you have 40 closed trades she answers from your own fills: when you make money and when you give it back, which setups pay, whether you jump back in within ten minutes of a loss, how often you go over your own trades-per-day rule. Anything under 40 trades is flagged as thin. Small samples flatter everybody.

What not to dothe band edges

Price tags the bottom of the expected-move band and the itch says short it. She'll point out that the day has already made the move the options market priced, so that's where shorts usually take profit, not where new ones start. Same at the top, the other way round.

Never a trade callby design

Ask her to pick a side and she declines, every time, however you phrase it. She explains what the screen and your record say. The trade is yours. Tapeworm is information and education, not advice.