This script shows the London and NY Sessions on your chart. Decided to publish it on demand for user yuan642 :D. Maybe other users may find it helpful.
Looking back on charts it can help to spot certain moves or patterns around certain Session open when high volumes enter the markets.
Request for DCC/coondawg71
added support for using session.
theres a issue with the session it needs to have the format inverted:
(start-end) to (end-start)
'0000-1500' to '1500-0000'
Average Price Movement inidcator displays the high/low for the period over time. On top of that an 8 period exponential moving avergae is attached
to get average movement over time. It provides, for eg. on a Daily chart, gives a day range and this can be used to book profits or place stop loss.
It is very simple indicator to provide price range over time.
EXPERIMENTAL:
WARNING: this strategy repaints after reloading and results are heavily curve fitted, use at your own discretion.
UPDATE: (AleksanderThor) add option for a 2nd target, to use you need to activate pyramiding with a setting of 1 manually (not possible to change programatically) .
Uses daily average ranges of 5 and 10 (most used) as buy (support) and highs (resistance) areas - half ranges used in calculations for a more accurate "forecast" of the H and L . Uses open but not close, so it does not repaint - experimental
EXPERIMENTAL:
Oscillator Version.
calculation of extremes and price range for averaging movement.
while price is above market is rising, when bellow market is falling. also can discern strength from the gap of the averages.
EXPERIMENTAL: calculation of extremes and price range for averaging movement.
while price is above market is rising, when bellow market is falling. also can discern strength from the gap of the averages.
A remarkably simple but very useful indicator. Earlier and clearer signals than ADX or VHF. More positive ranging signal than any other indicators.
Aqua = ATR
Orange = StdDev
Red = Smoothed Moving Average of the StdDev
Usage:
Any pair, any time frame. Best used on majors and M15 period or higher
Orange breaks above Red when below Aqua = Trend building
...
Support and Resistance using donchian channels to validate tops/bottoms
(note: while donchians follow price closely within look back window, this will only update new top/bottom when making new extremes in the donchian channel)
combo with other systems:
![GBPUSD: [RS]Average Variation Bands V1](https://s3.tradingview.com/v/valuEMcH_mid.png "[RS]Average Variation Bands V1")
![EURUSD: [RS]Open Range Breakout V3](https://s3.tradingview.com/x/X6hTOrm7_mid.png "[RS]Open Range Breakout V3")
![USDCAD: [RS]Max Range Grid V0](https://s3.tradingview.com/g/G6HSD0K0_mid.png "[RS]Max Range Grid V0")
![USOIL: [RS]Swing Charts V1 Darvas Box V0.1](https://s3.tradingview.com/i/I5U4pngH_mid.png "[RS]Swing Charts V1 Darvas Box V0.1")
![EURUSD: [STRATEGY][RS]ZigZag PA Strategy V4.1](https://s3.tradingview.com/n/NEDEDcsP_mid.png "[STRATEGY][RS]ZigZag PA Strategy V4.1")
![EURUSD: [RS]Hurricane V0](https://s3.tradingview.com/2/2W2GXxVF_mid.png "[RS]Hurricane V0")
![USOIL: [RS]Open Range Breakout V0](https://s3.tradingview.com/n/NZReb6HS_mid.png "[RS]Open Range Breakout V0")
![EURUSD: [RS]MTF CATR Stop Hunt Levels V0](https://s3.tradingview.com/d/ddu8NlPc_mid.png "[RS]MTF CATR Stop Hunt Levels V0")
![EURGBP: [RS]Multiple Time Frame Range Swing V0](https://s3.tradingview.com/o/owQtB3X7_mid.png "[RS]Multiple Time Frame Range Swing V0")
![USDCHF: [RS]Average Expansion Dynamic Oscillator V0](https://s3.tradingview.com/o/OeTvPMnM_mid.png "[RS]Average Expansion Dynamic Oscillator V0")
![USDCHF: [RS]Average Expansion Dynamic V0](https://s3.tradingview.com/s/SaoJLSIM_mid.png "[RS]Average Expansion Dynamic V0")
![EURUSD: [RS]Support and Resistance V0](https://s3.tradingview.com/j/JWdq2Bni_mid.png "[RS]Support and Resistance V0")