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Fiery River Torgi
The "Fiery River Torgi" indicator (abbreviated as "FR-Torg") is a technical tool for analyzing price levels on a chart, based on calculations of moving averages, standard deviation, and Fibonacci levels, taking into account data from two timeframes.
Main features:
- Uses the effective closing price, selecting the maximum from the opening and closing prices for a more accurate representation of price movement.
- Calculates the EMA (exponential moving average) and standard deviation for two timeframes: the user-selected timeframe and the second timeframe (default is daily).
- Constructs Fibonacci levels, plotting them on both the main and second timeframes, allowing you to track potential support and resistance zones.
- Visualizes Fibonacci levels using lines and fills, making it easier to identify key price zones.
- Built-in alert-alarms on touch points of levels, which helps the trader to promptly react to market signals.
Variable parameters by
Main features:
- Uses the effective closing price, selecting the maximum from the opening and closing prices for a more accurate representation of price movement.
- Calculates the EMA (exponential moving average) and standard deviation for two timeframes: the user-selected timeframe and the second timeframe (default is daily).
- Constructs Fibonacci levels, plotting them on both the main and second timeframes, allowing you to track potential support and resistance zones.
- Visualizes Fibonacci levels using lines and fills, making it easier to identify key price zones.
- Built-in alert-alarms on touch points of levels, which helps the trader to promptly react to market signals.
Variable parameters by
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。