Version 2 of my fractal pattern aid ( Version 1 ).
I added a bouncing line between the high and low trend lines, connecting consecutive extreme points. I also chased down a pesky bug in the slope calculation...and for now I have disabled the ability to change resolution basis for extreme detection (e.g. 30m on a 1hr chart).
For fun, I added some shading to make...
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
Bank levels - highs and lows - of the previous day, week, and month only, colored in for visual effect. Includes history of past bank levels as opposed to my other bank levels script.
If you trade Forex this is the indicator you need above all. Most recent six highs and lows on the daily, weekly, and monthly (includes current day). Support and resistance isn't quite what it is...until when that's exactly how it often plays out on the lines. They are called bank levels for a reason. *Not every line will support or resist of course*
MavlimW and Stop Loss Indicator scripts which have prepared by kivancfr3762, are merged .
kivancfr3762 hocanın önemli çalışmaları, mavilimW ve Stop Loss Indicator betiklerinin birleştirilmiş halidir.
This is basically the default RSI indicator with lines drawn on increments of 5, nothing special really.
This can be used in crypto/forex/traditional markets.
Please let me know if you found this to be useful and/or if you think it could use some additional work. Thanks!
Beta Peek/Valey based forecast
The idea behind this indicator is to extrapolate a stationary time series and find the peeks of the extrapolated result. The highest and lowest of the extrapolated data represent really precise support and resistance if the data and its extrapolation are barelly equal with an error lower than the average.
When the...
Bill Williams indicators (each separately) are simple and quite self-sufficient, however, are most often used together. The key ones (Alligator and Fractals) are freely available and everyone can use them, but why use them on the chart separately, when "together more fun", and not conceivable, in my opinion, they are one without the other.
So, I present...
It is a simple test strategy.
The strategy involves variable resistance.
If the price closes above the resistance a long order is placed and when price closes below the resistance a short order is placed.
Comment the perfect combination of indicators for it and will try to incorporate those indicators into it in the next version.
Message if you think of any...
TRAILING RESISTANCE INDICATOR is a helpful tool for traders to help one of the common problems that they face: where to buy/sell?
by using trailing resistance you can easily decide and see possible upward movements and understand if you are in a safe zone.
Using Trailing Resistance is just simple:
Go long/ Buy when price crosses above the indicator,
Stay on...
Like market profile VPOC, the Virgin Open_is_Low (VOL) is a Point of Control below which price has not closed in past.
Once price closes below VOL the indicator would not paint further.
This indicator will act as Support and Resistance.
Like market profile VPOC, the Virgin Open_is_High (VOH) is a Point of Control above which price has not closed in past.
Once price closes above VOH the indicator would not paint further.
This indicator will act as Support and Resistance.
Like market profile VPOC, the Virgin Open_is_High (VPOC) is a Point of Control above which price has not closed in past.
Once price closes above VOH the indicator would not paint further.
This indicator will act as Support and Resistance.
This Indicator Plots a 52 Week High and Low equal or below daily.
A 52 Daily High and Low on timeframes below daily.
A 52 Bars High and Low on timeframes on any timeFrame.
Based on 52 Week High/Low by BacktestRookies
