Moving average of High, Low & Close with Fibonacci bands calculated from the average high and low. Four upper levels are to the power of 1.618, 2.618, 3.618 & 4.618. Four lower levels are to the power of 0.618, 1.618, 2.618 & 3.618. Included are a choice of time frames either current, semi-custom or fully custom allowing freedom to set any period you like which...
This indicator should be used for give ideas. what they can do? draw up and down trend lines draw support and resistance lines to inform about the current price signal for high and low prices how can? By analyzing the prices in the 3 selected periods, 3 highs and 3 lows prices are marked. With the marked points, trend and resistance lines are...
a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas...
Set the maximum data points to look back for a support resistance line, then set the pivot point threshold and your off to the races. Very effective solution to have your support resistance points automatically show up on your chart. A good tip is to include 2 or 3 of this indicator on your chart with varying levels of degree for support and resistance...
Indicator returns an average of 5 SMAs. an interesting point that I have noticed that the price has several times reacted on it. Note 1: Do not just use this as a criterion for buying and selling, use as one more aid. Note 2: It is possible to leave in the chart all the averages, if you feel it...
It is used to detect volume resistors in a personalized way, since it allows the user to enter the volume in which he wishes the resistance to jump automatically. It does not mark the black line and the graphic that's just to help understand how it works in the above image can see the indicator works on 30 minutes chart in the above image can see the...
This is a simple indicator that draws linear levels over your price chart. Enter two price levels and it will draw 10 more levels above/below (depending on the order of Price 1 & Price 2)
This set up created to understand support and resistance as per ATR (Average True Range) Existing setup of supertrend modified to Channel set up It is created for study purpose , Buying or selling not suggested as per this Thank you