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Daily Zone Volatility

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Indicator designed to identify Daily Support & Resistance Zones based on the Average Daily Range (ADR). It provides dynamic zones that adapt to daily market volatility, making it ideal for Day Traders and Swing Traders.

Key Features:
  • Dynamic Zones (Z1-Z7): Automatically plots daily support/resistance levels based on volatility.
  • MTF Dashboard: Displays Trend (EMA 50) and RSI status across multiple timeframes (1m to Daily).
  • Alerts: Visual indicators for Overbought/Oversold conditions.

Phát hành các Ghi chú
Indicator Overview: An advanced trading tool designed to identify precision Support & Resistance Zones using the Average Daily Range (ADR). It provides dynamic levels that adapt to daily market volatility, making it an essential companion for both Day Traders and Swing Traders.

Key Features:
Dynamic ADR Zones (Z1-Z7): Automatically calculates and plots 7 levels of daily support and resistance based on real-time volatility.

Enhanced MTF Dashboard: A comprehensive Multi-Timeframe monitor (1m to Daily) featuring:

Trend: Intelligent trend detection (Up / Down / Sideway).

RSI: Tracks momentum across all timeframes.

Stochastic (New!): Added %K / %D columns for precise entry/exit timing.

Smart Trend Logic:

Sideway Detection (Orange): Automatically identifies consolidation when RSI is between 45 and 55.

Directional Trend: When outside the sideway range, the indicator compares Price vs. EMA 50 to determine Up/Down strength.

Visual Alerts: Real-time indicators for Overbought and Oversold conditions.
Phát hành các Ghi chú
Update

1.New Stochastic Column: Added a "Stoch" column to the Multi-Timeframe (MTF) Dashboard, displaying real-time %K / %D values for more precise momentum tracking.

2.Enhanced Trend Logic (Sideway Detection):
  • ntroduced "Sideway" (Orange) status: Automatically triggered when RSI is between 45 and 55.
  • Directional Trend: If RSI is outside the 45–55 range, the system defaults to the original logic (comparing Close Price vs. EMA 50) to identify Up or Down trends.

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