Real market exposure structural levels
for serious intraday traders.
Low frequency. High clarity.
Data infrastructure — not direction calls.
Updated each session.
M.E.X. (Market Exposure) structural levels.
Levels that matter. Nothing that doesn't.
Charts reflect historical session data. Structural levels are derived from market exposure analysis (M.E.X.). Past session accuracy does not guarantee future results. Not investment advice.
Built on options positioning math, not technical pattern recognition.
"Most market participants ask where price will go. We ask where price cannot ignore structure. These are different questions. Our data answers the second one."
When entry is defined by structure and invalidation is unambiguous, the question of direction becomes secondary to the question of position sizing. Asymmetric risk is not a strategy — it is a precondition. KERYKEION is built on this distinction.
What M.E.X. is, what it covers, and how to check it yourself.
Raw GEX (dealer gamma exposure) is spread across every strike and is noisy. M.E.X. distills it into the few walls and key levels that matter for the session at hand. The selection runs through the author's own view of the market. M.E.X. stands for Market Exposure.
A raw GEX chart plots gamma at every strike and leaves the hard part to you: working out which levels actually matter today. M.E.X. makes that call for you. It is an opinionated model, built by a trader who trades with it. Fewer lines, less noise, levels you can plan around.
NQ, ES and GC futures, plus the SPX and NDX indices. NQ and ES walls are ready when futures open at 18:00 ET, so you have structure from the first bar of the overnight session.
ATAS, both ATAS X and ATAS Classic. M.E.X. installs as an indicator and draws its levels on your own chart, alongside your footprint and order-flow tools. It does not supply market data.
Every 5 minutes, on purpose. Positioning does not shift tick by tick, so your reference levels should not either.
Yes, and we encourage it. Each session's chart is published after the close, as recorded. Browse Recent Sessions and judge for yourself.
No. M.E.X. shows where the structure is. Direction, entries, size and stops are up to you. It suits traders who already have a method and think in terms of risk/reward rather than win rate. The Docs explain why we warn against relying on it.
Nothing during the open beta. Create an account and you get full access to every market. Paid plans are listed on the pricing page.
KERYKEION does not call direction. The data shows where structure is — what you do with it is yours.
Beta participants receive complimentary full access for the duration of the beta period.
Paid subscription plans are listed on our pricing page.
The product is most useful to traders who already think in terms of structure and risk.
Complimentary full access during the beta period. See pricing for paid plans.