classic decision point for intraday CDH- current day high(not fixed range) CDL- current day low (not fixed range) CDO- current day open(fixed range) PDH- previous day high(fixed range) PDL- previous day low(fixed range) PDC- previous day close(fixed range) above all are decision points where market reaction takes place.. make your own strategy for intraday using DP...
This indicator normalizes Day's candle with Open. Idea is to see the daily movement in the context of the Open of the Day. Larry Williams talks about Open being the most important price of the day. Hence, this indicator. The Green line is average Open-to-High for occurrences of Red days. The Red line is average Open-to-Low for occurrences of Green days. Average...
Developing Range v1.0 ---------------------------- Azimuth Dynamics Scalping tool for help finding potentially high probability reactive levels. I suggest using on a 5min chart. GRAY BAND: yesterday's High-Low range BLUE BAND: today's Developing Range. Mean of today's High-Low range so far and yesterday's High-Low range, this is calculated for each of...
*** THIS SCRIPT REPAINTS *** Looking at the history will go you NO IDEA as to actual performance, or alerts that triggered within each bar. I made all of the alerts repaint in order to allow an alert each minute a condition is met, and never again after. For instance; receive an alert each time the price is within a particular plotted area on the chart (as...
THE GRID BOX MAPPER This indicator maps out (literally puts a box around) potentially profitable grid range areas. Not only that... it highlights each grid range box (red or green) to indicate the likely trend tendency for the forthcoming price action. Rarely a day goes by when a grid trading opportunity is not waiting for you... never miss another...
Grid Range Finder w/Fib + Trend Dots This indicator is ideal for traders pursuing a GRID TRADING strategy. While it is true that the trading process is typically automated , the first and most important step is to find a sideways, consolidating, ranging or slowly upward trending market. There are GRID TRADING tutorials I've published (linked below) that go...
Indicator version with three different modes, Range/Range Additive/Range Normalized. Colorscheme is the same as the original overlay Project Eagle Eye
This script averages the range of the previous 5 sessions and displays it on the chart The sessions are adjustable
Trade Range Indicator Advanced - AltSumo.com Need multiple timeframe support/resistance lines? We got you covered! Ideal for automatically updating trade ranges on a hourly, daily, weekly or monthly timeframe . Just choose the desired range timeframes and the indicator will add the the ranges on the chart. Each timeframe can be adjusted to your own settings....
Script that can display signals against key Fibonacci levels based on highs and lows within a given time-frame Set the number of days back in time that you would like the indicator to look for the high and low for calculating fibs. Bear Market options include sub-level fibs within the 12.3% range - 38.2 and 61.8% 3 levels deep. Signals when crossing over and...
ColorChart Range Trading...testing phase only, hence NOT for trading. To be improved further.
ColorBarSwing Pattern....just for trial testing only. to be adjusted....not for trading.
Creates an upper and lower level based on the ATR for your selected period. Calculation is based on the following; Shift Variable works by allowing calculation from x-periods back. Upper band = (Daily Low + ATR) Lower Band = (Daily High - ATR)
V1.00 Pre-release; still working on this. Identify the highest volume candles can plot support/resistance based on them. Will try to create ranges using them.
This one is a bit of an experiment.. The theory is, if you have an asset that you firmly believe will rise in the future for fundamental reasons and are happy to hold until that happens i.e. a be a position trader, you can take advantage of market volatility at the same time in a relatively safe way, so theoretically, you profit when the price goes up or down...
This script is programmed for FOREX.COM with Rome Time Zone and is shows the min & max price reached in asian session every day. Lo script mostra il massimo ed il minimo della sessione asiatica. Impostato per broker FOREX.COM e fuso orario di ROMA
Here is the actual 3 day rolling pivot range indicator as detailed in Mark Fisher's book The Logical Trader.