PROTECTED SOURCE SCRIPT
RvZ - Reversal Zones Indicator..!
Hello Traders...!
Yet another indicator from myself following to my previous indicator "FIRST-5-MINUTES-ZONE-AND-HI-LO-BRKOUTS",
this is TO IDENTIFY INTRADAY REVERSAL ZONES...!!!
- It works on any time frame
- along with those zones i have added two more lines Red and Green which will be used as Intraday Resistance and Support lines.
- Pls donot expect Profit and Stop points, that is upto you.
- If market goes beyond those zones well then consider that market is trading stronger. So..trade with strict stops accordingly. If the market goes beyond those zones then LOOK LEFT for the previous zones and trade.
- 80% of time, the market respects those zones.
- The zones colours are CUSTOMIZABLE
- A simple strategy to use this in confluence with,
RSI (7) Range [75, 25], EMA (100)
**** If stock trading above 100 EMA, Rsi in overbought, price in upper reversal zones, then voila...get some sack ready to fill the money...!!! same goes for opposite side *****
well then Traders, Enjoy and let's put some money in Bank....!!!!!
--cheers,
Sanjay Ramanathan
Yet another indicator from myself following to my previous indicator "FIRST-5-MINUTES-ZONE-AND-HI-LO-BRKOUTS",
this is TO IDENTIFY INTRADAY REVERSAL ZONES...!!!
- It works on any time frame
- along with those zones i have added two more lines Red and Green which will be used as Intraday Resistance and Support lines.
- Pls donot expect Profit and Stop points, that is upto you.
- If market goes beyond those zones well then consider that market is trading stronger. So..trade with strict stops accordingly. If the market goes beyond those zones then LOOK LEFT for the previous zones and trade.
- 80% of time, the market respects those zones.
- The zones colours are CUSTOMIZABLE
- A simple strategy to use this in confluence with,
RSI (7) Range [75, 25], EMA (100)
**** If stock trading above 100 EMA, Rsi in overbought, price in upper reversal zones, then voila...get some sack ready to fill the money...!!! same goes for opposite side *****
well then Traders, Enjoy and let's put some money in Bank....!!!!!
--cheers,
Sanjay Ramanathan
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受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。