INVITE-ONLY SCRIPT
[astropark] trade yesterday range
Dear followers,
today a nice scalping tool for day trading on low time frames (1-3-5 minutes)!
Each day the indicator will print some important levels and ranges related to the trading day before:
Trading levels is one of most effective trading tecniques:
Here you can see the levels described above and basic usage in a consolidation trading day:
A trader who wants to be a winner must understand that money and risk management are very important, so manage your position size and always have a stop loss in your trades.
Here you can see many examples on how to use this indicator.
Triple top on yesterday range high: perfect short setup (5 take profits targets in the example)
Resistance levels broken: long setup on bullish retest (2 take profits targets in the example)
Double top and support broken: 2 short setups (2 and 3 take profits targets in the example)
Here some examples how to basically use the indicator in a consolidation trading day: short (sell) resistance levels, long (buy) support levels
This is a premium indicator, so send me a private message in order to get access to this script.
today a nice scalping tool for day trading on low time frames (1-3-5 minutes)!
Each day the indicator will print some important levels and ranges related to the trading day before:
- yesterday high (black line)
- yesterday day range averange (silver line)
- yesterday low (black line)
- average between yesterday high and yesterday average, together with a resistance range (red)
- average between yesterday low and yesterday average, together with a support range (green)
- two extension ranges above yesterday high (first is blue, second is red)
- two extension ranges below yesterday low (first is blue, second is green)
Trading levels is one of most effective trading tecniques:
- once a level is broken upwards, you can long (buy) the bullish retest with stoploss below recent low
- once a level is broken downwards, you can short (sell) the bearish retest with stoploss below recent high
- consolidation below or at a resistance level is bullish, so long (buy) breakout upwards and long more on a bullish retest of broken level
- consolidation above or at a support level is bearish, so short (sell) breakout downwards and short more on a bearish retest of broken level
- many times you see a level to be tested 2 or 3 times: short (sell) double and triple top, long (buy) double or triple bottom
Here you can see the levels described above and basic usage in a consolidation trading day:
A trader who wants to be a winner must understand that money and risk management are very important, so manage your position size and always have a stop loss in your trades.
Here you can see many examples on how to use this indicator.
Triple top on yesterday range high: perfect short setup (5 take profits targets in the example)
Resistance levels broken: long setup on bullish retest (2 take profits targets in the example)
Double top and support broken: 2 short setups (2 and 3 take profits targets in the example)
Here some examples how to basically use the indicator in a consolidation trading day: short (sell) resistance levels, long (buy) support levels
This is a premium indicator, so send me a private message in order to get access to this script.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact astropark for more information, or follow the author's instructions below.
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Author's instructions
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I'm a software engineer, passionate for trading & developing trading tools & bots! Feel free to DM me & checkout my work: bit.ly/astroparktrading
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