Waves TimeframeCustom timeframe trend wisualization tool in Wave theory. In script setting you can specify based on which timeframe (1D by default) data visaulizaction will be made. It's usefull in short time/day traiding where on the small interval you would like to see more global/bigger interval situation. If it's you case, please check "Waves Pro Trends", that gives posibility to easie check up to 3 different intervals.
Script settings:
• Timeframe – The interval based on which waves are calculated. Script is working correct only for intervals that are equal or more precise than picked here value. In case of picking lower interval than current, error message will appear.
• Type – Type of waves that are drawn:
o H(ide) – Not drawing any waves
o L(ow) – Drawing low level waves
o M(edium) – Drawing mid level waves
o B(oth) – Drawing both low and mid level waves
• Alfred – Showing extra informations about waves in the context of current candle.
• Wave – How script should visualize wave:
o H(ide) - Not drawing waves.
o S(olid line) – Drawng as solid line
o A (Solid line with Arrow) – Drawing as solid line with arrow
o D(otted line) – Drawing as dotted line.
• Shadow – How script should visualise wave shadows. Waves shadow it's a drawing mode in which wave is draw based on it's extrems instead of moment od detection.
o H(ide) - Do not draw any shadows
o S(olid line) – Draw with a solid line
o A (Solid line with Arrow) – Draw as solid line with arrorw
o D(otted line) – Draw as dotted line
• Low line – Color and line width for low level waves
• Medium line – Color and line width for mid level waves
• Impuls – Color and picking impuls mode:
o H(idden) – Do not show impuls
o F(irst) – Impuls is draw starting from the first wave up
o S(econd) – Impuls jis draw starting from the second wave up
o Auto – The algorithm performs an automatic analysis and selects which of the impulse drawing methods presents impulses with greater price dynamics.
Wave Analysis
NEoWave Chart Free VersionAn automated wave chart for NEoWave wave analysis. This is an automated wave chart plotter that help you to find the current psychological trend and forecast the next one. This Indicator uses the concept of plotting wave charts as per the NeoWave method invented by Glenn Neely in 1990 in the “Mastering Elliott Wave” book. NEoWave is a advanced version of elliott wave theory, which solve the lots of drawback's and issues' of elliott wave theory.
The Logic and Concept used in Indicator
This indictor uses the logic of plotting wave chart as discussed in “Mastering Elliott Wave” book, According to “Mastering Elliott Wave” book to draw a wave chart draw a line from high to low or low to high in order that they occurred, and this indicator plot the line accurately from high to low or low to high in order they occurred.
Some Important Features
1. This indicator can draw wave chart from 5 Seconds to 5 Year or use any custom timeframe of your choice.
2. Use any timeframe wave chart on any timeframe cash data, like use monthly cash data to draw 2.5 years or 5 years wave chart.
3. Do the easy back testing with easy drag tool.
4. Customize wave chart settings based on your requirement.
5. Wave chart will be plotted on any type of charts like candlestick or bar chart.
6. Custom settings to hide other charts, like you can hide bar or candlestick chart, while using wave analysis.
7. Realtime plotting of wave chart from 5 seconds to 5 year.
Features to be added in future update
1. Show Monowave Counts.
2. Show Complexity levels.
3. Show Price and Time.
4. Show Starting point of patterns.
How to use this wave chart?
1. Use the log scale on wave chart. Use Alt + L to use logarithmic scale on chart.
2. Use log Fibonacci on wave chart, just open the settings of Fibonacci channel and check on "Fib channel based on log scale"
3. Find the correct starting point to mark the neowave patterns.
4. Apply the neowave rules as discussed in “Mastering Elliott Wave” book and forecast the market.
Note
If you want to check Daily or any higher timeframe wave chart use cash chart and if you want to check any other timeframe from 5 seconds to any intraday timeframe then use future's data as suggested by Mr. Glen Neely.
BTMM V2Similar to the first BTMM (R.Noodle) this version of the script is tailored towards key level traders. This includes intraday, daily, and higher TF traders.
**REMOVED** background tckr info, candle color according to day, and market sessions
**Replaced**key levels & market sessions
**NEW**initial balance analytics first Friday and every Monday
Market Sessions
UK=1ST 3HRS US=1ST 3 HRS =ASIA/DAILY INITIAL BALANCE = 1ST SESS 1ST 1HR HIGH/LOW
Since the Asian session starts the day we can also grab the initial balance for the day as well. (note that using the Asian session extend function you will not be given the Asian session end time. Extend function makes the session close run through the entire day)
INITIAL BALANCE PANEL/BOX
WEEKLY INITIAL BALANCE
PIP LINES
double zero (00) and 50 pip levels are strong levels the market respects. one can reduce risk by entering at major confluences and key levels examlpe below
FIRST FRIDAY + EVERY MONDAY
KEY LEVELS
you can have today, yesterday, last week, last month, last qtr, and last year along with the mid point of all. below are key levels for day traders
DB KCBB%D Wave SignalsDB KCBB%D Wave Signals
What does the indicator do?
This indicator is a version of my DB KCBB%D indicator updated with signal detection. It results from weeks of analysis of the KCBB%D waves for patterns. I'm releasing it publicly to help those who like the KCBB%D indicator but desire a version with signals built into it.
The indicator plots the percent difference between the low and high prices against a combined Kelpler Channel Bollinger Bands for the current timeframe. The low percent difference and the high percent difference each have their own waves plotted. A mirror mode default allows both waves to be visualized in a mirrored plot that clearly shows when outer bands are present and when they swap. Each percent difference band is displayed with a 1 bar lookback to visualize local tops/bottoms.
The overall trend is displayed using two sets of green/red colors on the percent difference waves so that each wave is recognizable, but the overall price trend is visible. A fast 3 SMA is taken of each percent difference wave to obtain the overall trend and then averaged together. The trend is then calculated based on direction from the previous bar period.
How should this indicator be used?
By default, the indicator will display in a mirror mode which will display both the low and high percent change waves mirrored to allow for the most pattern recognition possible. You will notice the percent difference waves swap from inner to outer, showing the overall market direction for that timeframe. When each percent difference wave interacts with the zero line, it indicates either buys or sells opportunities depending on which band is on the inside. When the inner wave crosses zero, special attention should be paid to the outer wave to know if it's a significant move. Likewise, when the outer wave peaks, it can indicate buy or sell opportunities depending on which wave is on the outside.
A zero line and other lines are displayed from the highest of the high percent difference wave over a long period of time. The lines can measure movement and possible oversold/overbought locations or large volatility . You can also use the lines for crossing points for either wave as alerts to know when to buy or sell zones are happening.
When individual percent difference waves are designed to be reviewed without mirroring, the mirror checkbox can be unchecked in the settings. Doing so will display both the high and low percent difference waves separately. Using this display, you can more cleanly review how each wave interacts with various line levels.
For those who desire to only have half of the mirror or one set of waves inverted against each other, check the "mirrored" and the "mirrored flipped" checkboxes in the settings. Doing so will display the top half of the mirror indicator, which is the low percent difference wave with the high percent difference wave inverted.
The indicator will also change the background color of its own pane to indicate possible buy/sell periods (work in progress).
Does the indicator include any alerts?
Yes, they are a work in progress but starting out with this release, we have:
NOTE: This is an initial release version of this indicator. Please do not use these alerts with bots yet, as they will repaint in real-time.
NOTE: A later release may happen that will delay firing the events until 1/2 of the current bar time has passed.
NOTE: As with any indicator, watch your upper timeframe waves first before zooming into lower.
DB KCBB%D Buy Signal
DB KCBB%D Buy Warning Signal
DB KCBB%D Sell Signal
DB KCBB%D Sell Warning Signal
DB KCBB%D Death Cross Sell Signal
DB KCBB%D Trend Up Alert
DB KCBB%D Trend Down Alert
Use at your own risk and do your own diligence.
Enjoy!
NEoWave Chart This is the indicator used to plot cash data chart for NEoWave analysis.
How to use:
Apply the indicator on the chart.
Select timeframe on your chart.
The indicator will automatically select default cash data timeframe and will plot chart accordingly. If you like to change the cash data timeframe, these is an option to select from dropdown.
Tide Finder (TiFi)Very helpful for price-action trading. Works excellently with 1-hour time frames and below.
See Tide Finder Plus (TiFi+) if you want help from this indicator in higher time frames.
See also: Adaptive Rebound Line (ARL) .
The idea for this indicator was brought on by the concept of high and low tides and everything related to the concept.
RSI + MA, LinReg, ZZ (HH HL LH LL), Div, Ichi, MACD and TSI HistRelative Strength Index with Moving Average, Linear Regression, Zig Zag (Highs and Lows), Divergence, Ichimoku Cloud, Moving Average Convergence Divergence and True Strength Index Histogram
This script is based on zdmre's RSI script, I revamped a lot of things and added a few indicators from ParkF's RSI script.
Disable Labels in the Style tab and the histogram if you don't enlarge the indicator and it seems too small.
Look to buy in the oversold area and bounce of the support of the linear regression.
Look to sell in the overbought area and bounce of the resistance of the linear regression.
Look for retracement to the moving average or horizontal lines, and divergences for potential reversal.
RSI
The Relative Strength Index (RSI) is a well versed momentum based oscillator which is used to measure the speed (velocity) as well as the change (magnitude) of directional price movements.
Moving Average
Moving Average (MA) is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance.
Linear Regression
The Linear Regression indicator visualizes the general price trend of a specific part of the chart based on the Linear Regression calculation.
Zig Zag (Highs and Lows)
The Zig Zag indicator is used to identify price trends, and in doing so plots points on the chart to mark whenever prices reverse by a larger percentage point than a predetermined variable or marker.
Divergence
The divergence indicator warns traders and technical analysts of changes in a price trend, oftentimes that it is weakening or changing direction.
Ichimoku Cloud
The Ichimoku Cloud is a package of multiple technical indicators that signal support, resistance, market trend, and market momentum.
MACD and TSI Histogram
MACD can be used to identify aspects of a security's overall trend.
The True Strength Index indicator is a momentum oscillator designed to detect, confirm or visualize the strength of a trend.
SBS AlgoHello traders, I am here again with a new and improved indicator.
This indicator is based on a pivot breakout algorithm which gives buy and sell signals according to the breakout of trendline. This is an advanced version of another script. It also takes price action into consideration along with some basic indicators like MACD and ADX to give good entry signals.
NOTE: This indicator is not designed to take entries completely based on signals it gives. Please use it along with your trading strategy to add more confluence to your trading system and maximize your profits.
I hope you guys will like this one too .Enjoy 👍
In case you find any bug, please do report in comment section .Thank you.
Ichimoku Cloud and Bollinger Bands (by Coinrule)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
The Bollinger Bands are among the most famous and widely used indicators. A Bollinger Band is a technical analysis tool defined by a set of trendlines plotted two standard deviations (positively and negatively) away from a simple moving average ( SMA ) of a security's price, but which can be adjusted to user preferences. They can suggest when an asset is oversold or overbought in the short term, thus providing the best time for buying and selling it.
This strategy combines the Ichimoku Cloud with Bollinger Bands to better enter trades.
Long orders are placed when these basic signals are triggered.
Long Position:
Tenkan-Sen is above the Kijun-Sen
Chikou-Span is above the close of 26 bars ago
Close is above the Kumo Cloud
The closing price is greater than the upper standard deviation of the Bollinger Bands
Short Position:
Tenkan-Sen is below the Kijun-Sen
Chikou-Span is below the close of 26 bars ago
Close is below the Kumo Cloud
The upper standard deviation of the Bollinger Band is greater than the closing price
The script is backtested from 1 January 2022 and provides good returns.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
This script also works well on BTC 30m/1h, ETH 2h, MATIC 2h/30m, AVAX 1h/2h, SOL 45m timeframes
Felix_span26This indicator allows you to spot the candles at the break of kijun and having already had a break 26 candles in the past.
The configuration allows you to tolerate or not tolerate a variation of +/- 1 on the span.
These occurrences are counted and thus make it possible to identify the assets with the highest recurrence in this span 26
You can also configure the number of landmarks displayed in the past
Event Locator BasicUsable under any conditions and in all markets, the 'event locator' provides a foundational layer for any count-based trading strategy or system. This specific installment color codes events - all down events are green, up events are blue, double-marked events are red, and smooth events are gray. It also wraps the price sequence in a 3-d line landscape plot - providing a visual using lines that are event sensitive. Though events are sometimes referred to as 'fractals,' this is not a fractal tool. These marks are based on 3 candles, not 5 as is common with the Bill Williams fractal scripts. Every countable event on the chart will be marked using this tool. Really, Elliott Wave should have told you about this... (because you can't legitimately count w/o it)
//This indicator was originally a mod of the 'Williams Fractals' indicator - modified by Erek A.D., Nov. 2017
//It was rewritten from the ground up by 'Brobear' in Sept./Oct. 2018
//This code marks 'rough' AND 'smooth' EVENTS in price flow
//EVENTS are naturally created in markets when SEPARATION occurs at candle tips
//SEPARATION happens when a high is flanked by lower highs or a low is flanked by higher lows
//EVENT LOCATORS like this provide an objective foundation for counting price movement
Relative Strength MomentumThe RSI is a traders friend - it can provide insight that other indicators simply cannot. The RSI achilles heel is that it can often fail to highlight divergence. Constance Brown attempted to resolve this problem with the 'Composite index' - a powerful tool. However.. for me, looking at two indicators can get a bit much - especially if viewing multiple time-frames. I want one tool which provides the RSI, it's ranging/reversal behaviour (as documented by Andrew Cardwell) and a better grasp of momentum swings (via divergence and reversal signals). So this is my best effort, and I hope it can prove useful to some of you. At first the differences may be hard to spot - but they are there!
My default settings are optimised - as with the 'normal' RSI you can expect a bullish trend to result in few (if any) moves below 30. In a bearish trend, you can expect few (if any) incursions above 70. Cardwell's observations apply. I recommend using this with a 50 period EMA to provide some additional context.
DlineDline is a indicator that was developed by B-Negative. This indicator was developed under convergence logic. If we have many information of prices, when the information was averaged with more enough, the average line will be the linear line that has direction. The direction of this linear line can help traders to analyze the direction of trends. Dline was made with TEMA, EMA, DEMA, and Dline line that is a average line between DEMA and EMA.
Under B-Negative's concept, DEMA and EMA that are average lines will convergence and have same direction when the trends are coming. Amount of data must more enough and diferrect by assets' type. However, user can change value of DEMA, Dline, EMA, and TEMA by themself under 7 concepts below.
1. EMA will convergence to close Dline when the trend will be changing.
2. The uptrend will occure when EMA above/below Dline and candle sticks are green/red color.
3. TEMA was setted similair DEMA.
4. When new high/low of wave cross TEMA and can not retrun to create higher/lower high/low (At oversold/overbought, Stocastic 9,3,3 counting with loop technique), that is exit point of position.
5. Difference of timeframe or assets could use different parameters. (Setting based on 4 rule above.)
6. Divergence between Dline and EMA mean sentiment of assets are sideways.
7. If Dline and EMA look like same line, the trend is most strength trend.
Dline use thickness = 4
EMA use thickness = 1
This ex. is timeframe day.
Futures Full FS ScreenerFull FS Screener
This indicator allows traders to have a view of multiple pairs and timeframes buy/sell signals and specific information of parameters, based on the Futures FS Indicator also developed by me.
Futures FS Indicator Fundamentals
1. Exponential Moving Average (EMAs): The base indicator is composed of moving averages of 5, 10, 11, 13, 36 and 55 exponential periods.
2. Squeeze Momentum: This indicator allows the signals to go with the trend and not against it.
3. VPVR (Volume Profile Visible Range): It allows to determine the Point of Control (POC) which is the node with the highest volume profile. This can be used as an important retest point or to calculate potential support and resistance.
4. ADX (Average Directional Index): The ADX helps the indicator to estimate the strength of the movement, always considering the DI+ and DI- to not go against the trend.
5. RSI (Relative Strength Index): The RSI helps measuring the speed and magnitude of the recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The indicator considers RSI 5, 13 and 50 as bottom and top, respectively.
6. MACD (Moving average convergence divergence): The MACD is a trend-following momentum indicator that shows the relationship between moving averages. The indicator uses moving averages of 5, 8 and 21).
7. The trend is determined according to these parameters and their different values, which might indicate that we are in a bullish or bearish trend. The trend has a max positive (bullish) value of 6 and a max negative (bearish) value of -6.
Full Screener Panel
This panel allows the trader to monitor multiple pairs at a single screen, giving an immediate vision of possible entries and exits (Long/Short/Strong Long/Strong Short Signals). Moreover, allows traders to have handy all information of the Future FS Indicator that might be analyzed further for each pair. It has the following characteristics:
• It can be placed anywhere on the screen through the main menu of the indicator.
• It can be combined with the same indicator multiple times, as per screener is limited to show 40 pairs, you can select the number of panels being added to adjust position one next to each other.
• It strengthens colors when a pair has changed its signals in order to the trader to know immediate changes and then do the follow up
• The screener shows the pairs, which can be changed within the menus.
• The screener shows the Long, Short, Strong Long and Strong Short Signals in its las column but previously, it shows the parameters that determined the possible position. Therefore, the EMAs, SQZ, ADX, VPVR, RSI and MACD calculated internally, are also summarized in the screener.
For analyzing a specific pair, refer to the TwV Futures Indicator – FS, which is other indicator that might be on my TradingView Profile and that was used as base for the screener.
NEoWave ChartAn automated wave chart for NEoWave wave analysis. This is an automated wave chart plotter that help you to find the current psychological trend and forecast the next one. This Indicator uses the concept of plotting wave charts as per the NeoWave method invented by Glenn Neely in 1990 in the “Mastering Elliott Wave” book. NEoWave is a advanced version of elliott wave theory, which solve the lots of drawback's and issues' of elliott wave theory.
The Logic and Concept used in Indicator
This indictor uses the logic of plotting wave chart as discussed in “Mastering Elliott Wave” book, According to “Mastering Elliott Wave” book to draw a wave chart draw a line from high to low or low to high in order that they occurred, and this indicator plot the line accurately from high to low or low to high in order they occurred.
Some Important Features
1. This indicator can draw wave chart from 5 Seconds to 5 Year or use any custom timeframe of your choice.
2. Use any timeframe wave chart on any timeframe cash data, like use monthly cash data to draw 2.5 years or 5 years wave chart.
3. Do the easy back testing with easy drag tool.
4. Customize wave chart settings based on your requirement.
5. Wave chart will be plotted on any type of charts like candlestick or bar chart.
6. Custom settings to hide other charts, like you can hide bar or candlestick chart, while using wave analysis.
7. Realtime plotting of wave chart from 5 seconds to 5 year.
Features to be added in future update
1. Show Monowave Counts.
2. Show Complexity levels.
3. Show Price and Time.
4. Show Starting point of patterns.
How to use this wave chart?
1. Use the log scale on wave chart. Use Alt + L to use logarithmic scale on chart.
2. Use log Fibonacci on wave chart, just open the settings of Fibonacci channel and check on "Fib channel based on log scale"
3. Find the correct starting point to mark the neowave patterns.
4. Apply the neowave rules as discussed in “Mastering Elliott Wave” book and forecast the market.
Note
If you want to check Daily or any higher timeframe wave chart use cash chart and if you want to check any other timeframe from 5 seconds to any intraday timeframe then use future's data as suggested by Mr. Glen Neely.
J2S Backtest: Steven Primo`s Big Trend StrategyIs it possible to benefit from big trend moves? In this study I present you a strategy that aims to capture big trend moves.
Created by trader Steven Primo, The Big Trend strategy is advocates and shared through his YouTube channel without restrictions.
Note:
This is not an investment recommendation. The purpose of this study is only to share knowledge with the community on TradingView.
What is the purpose of the strategy?
The strategy focuses on capturing the movement of trends, providing an entry signal for both LONG and SHORT positions.
To which time-frame of a chart is it applicable to?
According to the author, it is applicable to any chart in different markets.
What about risk management?
The author does not establish a risk management model for strategy. This is left to the definition of each trader.
How are the trends identified in this strategy?
A 20-periods Bollinger Bands with 0.382 deviation should be plotted on the chart. Prices above the upper band indicate an uptrend, on the other hand, prices below the lower band indicate an downtrend. Finally, prices between the two bands indicate sideways trend.
How to identify a signal for LONG entry?
The signal is given after five consecutive closes above the upper Bollinger band. After that, you must enter the trade after the first trade occurs above the high of the signal bar.
How to identify a signal for SHORT entry?
The signal is given after five consecutive closes below the lower Bollinger band. After that, you must enter the trade after the first trade occurs below the low of the signal bar.
Tips and tricks
In my backtest, I tried to prove the strategy from a position trading perspective, so I proposed use fixed stop-loss and take-profits. The stop-loss is defined as being low of the first bar that generated the movement until the signal bar. The value range from the stop-loss to the signal bar is used in determining the profit target. Given any trade, position closing will be triggered when the bar trading limit is reached.
Backtest features
Backtest parameters are fully customizable, for instance: number of bars inside a trend indicating trend maturity for entry, bar limit for trading entry (after a buy or sell signals). Also, the user chooses to validate only LONG or SHORT entries, or both. It is also possible to determine the specific time period for running the backtests.
Final message
In my tests, I noticed excellent results for other crypto pairs, for example: ETH/USDT, BNB/USDT, FIL/USDT, GALA/USDT and ILV/USDT. Of course, no one strategy works perfectly for every asset, crypto, and bond out there. That's why we should explore each trading model and carry out our backtests. Please, feel free to provide me with any improvement suggestions for the backtest script. Bear in mind, feel free to use the ideas in my script in your studies.
over zig zagthis is best for 1 day. OVERVIEW This indicator was inspired by Arty. I've taken what he teaches and have applied the tools that he uses into one useful indicator. █ COMPONENTS Here is a brief overview of the indicator: Smoothed Moving Averages Arty uses three main smoothed moving averages and on occasion a fourth.
RSI TrendRSI Hull Trend is a hybrid indicator with RSI of HULL Signal. The Hull MA is combined with RSI to see if the Hull MA Buy/Sell Signal is in overbought or oversold condition. Buy Sell Signals are plotted based on settings of OB/OS or RSI. This indicator is very useful to see if the Trend is in Exhaustion or Beginning of a Trend. Entry and Exit conditions can be more precise based on OB/OS condition of price action. In addition normal RSI trend is plotted with trend color from Hull MA. Best Performance with Heiken Ashi Candles.
OB/OS Settings provided
Hull Buy/Sell Signals plotted
Double RSI FAST and DEFAULT signal with crossover
Bar Color applied based on Hull RSI Trend
Hull Trend + RSI + Price Action
Tom Joseph MACD 5-35 for Elliot WavesThis oscillator for the Elliott Theory has been invented by Tom Joseph and it's useful to correctly count the impulsive and corrective waves.
Its difference compared to a simple MACD is the peculiarity to use the ratio between the Fast SMA (default period set to 5) and the Slow SMA (default period se to 35).
The used formula is as below:
( (fast_SMA / slow_SMA) -1 ) * 100
Hope you could find it useful! 😉
CDC Fibonacci Retracement and ExtensionThis indicator is meant to be used as a tool to quickly identify
fibonacci retracements and projections in multiple charts during
the same date range.
Users can set the calculation date range and quickly flip through
different charts for comparisons
Steps for using this indicator is as follows:
1. Specify Start Date and End Date for calculations
2. Choose Open-ended mode for just retracements, this will disregard
end date in calculations.
3. Select price source, if Use Highs/Lows is selected, the indicator will
use high and low prices for calculation, if not, closing price eill
be used instead
4. Select and/or modify retracement / projection lines as you see fit.
5. Enjoy the result!
1+KillZoneLiteRemove plot line for a better view. I've made this to work on "US30 Global Prime" probably works on other pairs the codes left open to mod.
This Indicator shows 3 sessions to help you focus on timing. This will help you with learning pattern recognition aswell.
1. Gray zone is spreads. The gray zone will show up 30 min before spreads open up.
2. Blue is new york
3. Red is london reversal zone.
4. Look between the zones and also how price reacts within the zones and at what time.
5. This indicator also prints the sessions 1 day in advance to help with back testing aswell.
PharshK RSI and Zigzag with H/LIt is with RSI level
and Zigzag Pattern that Market goes on Maximum level and Lower Level
And it is also Showing High and Law Level of last Moving Candle so it is easy to entry and Hold