TradingView
kriswaters
3 Th04 2023 10:05

Price Action [SignalCave] 

Bitcoin / TetherUSBinance

Mô tả

Liquidation prices are calculated with Higher Timeframe usage of "Williams Fractals" indicator.

Sell side liquidity levels are shown with "L" text and a green solid lines.
Buy side liquidity levels are shown with "H" text and a red solid lines.

Premium and Discount zones are determined with latest untested buy/sell liquidity levels.

"Premium" means the asset price is overvalued, "Discount" means the asset is undervalued.

Once price hits any active liquidity level, "Premium and Discount" zone will be recalculated.

Premium and Discount have "Equilibrium" area which is center area of the whole zone.

Extra Support & Resistance levels calculation are based on Fibonacci. Levels are 23.6%, 38.2%, 61.8% and 78.6%.

Bars are painted based on asset's momentum. The asset momentum is calculated by the RSI and ADX indicators.

Volume profile shows trade activity during the "Premium and Discount" zone.
Bình luận
GKLanselot2
Could you use a liquidation levels indicator, for calculating the liq zone ,prem discount. is more exact cos is use a real data from OI and vol
EmirCLB21
Teşekkürler güzel bir indikatür yapmışsınız.
kriswaters
@BTC455, You are welcome!
Thêm nữa