Demo version of "Floor Trader Pivots - Accurately PREDICT Where Price Is Going!" that only works on the chart for AAPL. The full version of this indicator that works in all markets (Crypto, Stocks, and Forex) can be found here: https://www.tradingview.com/script/mtKTWO6W-Floor-Trader-Pivots-Accurately-PREDICT-Where-Price-Is-Going/ ******************************************************************** To be a successful trader, you need to have a picture of where price is going. Where will this market find support before reversing? How far up are the bulls going to take the price? If you knew the answer to questions like those, you could make a lot of money, right?
What if I told you that the market makers on the floor of the New York Stock Exchange had actually pre-determined those levels before the trading day even began? Well, they do. They're called "Floor Trader Pivots." Considering that they are the ones who really make price move (your $500 buy isn't going to change the value of a stock, their $50,000,000 buy will), wouldn't you like to know where those levels are, too?
"Floor Trader Pivots" will show you the way.
Check out this example of Altaba Inc. for the entire week of June 11-15 of 2018. The green lines represent resistance levels, yellow represents the pivot levels (the central area off of which the other levels are based around), and red represents support levels. Aqua is the prior day's close. Daily levels are solid lines. Weekly levels (which have much more power) are circles.
Note the far right of the chart where you can see the next week's pivot levels already plotted. That's right, this script does not repaint. Levels are locked in before the next trading day/week/month even opens!!!
What about the Forex markets? What about higher time-frames?! Here's an example from the 4 hour chart of the AUD/USD. In this timeframe, weekly levels are solid lines and monthly levels are circles.
What about Cryptocurrencies? They aren't traded on the New York Stock Exchange. Well, guess what ... ?
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