ZenAndTheArtOfTrading

S&R Zone Signals

This indicator allows you to specify price zones in which to detect basic candlestick patterns.

In the example above, I have specified the most immediate support and resistance zones on GBP/USD and set the script to detect engulfing candles. If a bearish engulfing candle occurs within the resistance zone a signal will be generated; likewise for bullish engulfing candles within the support zone .

The purpose of this indicator is to generate trading alerts when these patterns occur in order to reduce the screen-time required to monitor setups. This indicator is intended for structure traders primarily, although it could be used by anyone who uses zones and candlestick patterns to enter trades.

If you leave either zone set to 0 then that zone will not be used, meaning that you can use this to detect both support and resistance signals, or only signals at support, or only signals at resistance.

Settings:
R1: First Resistance Price
R2: Second Resistance Price
S1: First Support Price
S2: Second Support Price

Draw Signals: Enable/Disable Visual Signals
How Far To Look Back: Used For Detecting Fractal Highs/Lows
Doji Size (in pips): This Changes the Size of Detected Doji Candles
Hammer Wick Size: This Changes the Size of Detected Hammers/Shooting Stars
Engulf Wick: If Enabled, Only Engulfing Candles That Engulf the Wick Will Be Valid

Show Engulfing Candles: Enable/Disable Visual Signals For Engulfing Candles
Show Doji Candles: Enable/Disable Visual Signals For Doji Candles
Show Hammer Candles: Enable/Disable Visual Signals For Hammer/Shooting Star Candles

Source Code:
Go to https://zenandtheartoftrading.com/indica... for the source code – it’s free!
Gỡ bỏ khỏi Script Ưa thích Thêm vào Script Ưa thích
Follow @TradeWisdom on Twitter for Daily inspiration from the best trading wizards, psychologists and philosophers.

Go to http://www.zenandtheartoftrading.com for articles on forex trading, trading psychology, trading resources, PineScript lessons and more!
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Giá Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Giải pháp biểu đồ Nhận trợ giúp Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Nhận trợ giúp Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất