Support Resistance Institutions Key Zones [V1]Multi-Timeframe Support and Resistance Indicator
This versatile support and resistance indicator is designed to enhance your trading strategy by identifying key price levels across multiple timeframes. It is highly customizable, allowing you to tailor it to your specific trading preferences. The indicator seamlessly integrates with popular technical tools like SuperTrend, RSI, Bollinger Bands, and many others, making it a powerful addition to any trading setup. Whether you're a day trader or a long-term investor, this indicator provides reliable insights to help you make informed decisions in the market.
Trendbreak
ADX Di+ Di- [Gu5]Fill indicates Strong Trend
Cross indicates End of Trend
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El relleno indica una fuerte tendencia cuando el Di supera "Level Trend"
El cruce de Di+ con Di- indica el fin de la tendencia
Cuando el valor del ADX es menor a "Level Range", estamos en Rango
Range Action Verification IndexThe Range Action Verification Index or RAVI as it is commonly known is a trend detection indicator.
When RAVI is greater than 1% for longs and -1% for shorts (FX setting), the currency is in a trend.
The standard MA settings are 7 and 65 days for use on the daily chart, which are the cycles of 7 days and 3 months.
For trading the hourly charts the moving averages should be set to 24 and 120 with a threshold of 3%.
RAVI also keeps you out of a trend less market, so if the RAVI does not break above or below the set threshold,
the market is trend less.
Trend Break CandlesBar Colors based on trend breaks
Trend lines not included, just drawn as an example of what is happening.
