Killpips Acceleration

27 thg 8, 2024

Dynamic action levels for tracking market reaction zones using a proprietary algorithm.

Settings
The acceleration value is automatically calculated every day. For a custom acceleration value, you can adjust it in the settings. Custom settings may be shared on the discord server if warranted. Setting this value to zero enables the auto-calculation.

Using the Indicator
As data is received, the indicators adjusts it's calculation for the next action levels. Once the calculation is complete, a horizontal line is drawn as a decision price level. ATR levels are wrapped around the decision price level for additional reaction levels. As price approaches these levels, be cautious with your entries and exits while looking for price reactions. The calculated horizontal line can represent both support and resistance.

The shorter the calculated horizontal line, the stronger the reaction zone. As horizontal lines shift to higher prices, it indicates long market interest. Shorter lines with increasing price levels indicates a strong correlation to price change.

Generally, near the end of a segment, especially shorter segments, as the calculated horizontal line is drawn, we're looking for a market reaction.

Longer segments represent a slowdown in market activity with less reaction.

5 thg 11, 2024

Phát hành các Ghi chú

Added the ability to customize the color and styles