Visualizer of current or previous month(s), week(s) & days ranges
Purpose: View last Monthly, Weekly, Daily, and/or a custom time interval OHLC, i.e. previously closed/confirmed or the ongoing higher time interval ranges
Main configurations available:
- 2 main reporting modes: View the current/ongoing M/W/D candles' OHLC (live, repaints) or report OHLC of last...
Forex Master v4.0 is a mean-reversion algorithm currently optimized for trading the EUR/USD pair on the 5M chart interval. All indicator inputs use the period's closing price and all trades are executed at the open of the period following the period where the trade signal was generated.
There are 3 main components that make up Forex Master v4.0:...
// Shows the price renko bars (or range bars) instead of the PERIOD renko
// bars that are integrated into Trading View. The normal renko bars that
// Trading View offers only consider the drawing of a new brick when the
// price closes above or below the required brick size. This can produce
// misleading charts since depending on the time interval of a chart,...
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.
This is the Market Mean index. It is used to identify if the market is really trending or if it is range bound(random). In theory, a random sample will be mean reverting 75% of the time. This indicator checks to see what how much the market is mean reverting and converts it to a percentage. If the index is around 75 or higher than the price curve of the market is...
Developing Range v1.0
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...
Part of my strategy involves entering a trade based on a candle on a 5-min chart being < 2% (ignoring major volatility).
I got tired of calculating the range of a single candle either in my head or on a calculator, so I wrote this up. Feel free to share it.
Shows the %move of any single candle, default horizontal lines are 1% & 2%, can be changed by clicking...
For Breakout Trading..(range trader)
Investor , monthly trader ,weekly trader and daily trader(everyone can use it)..
It show market own range which is created by market/price (not by calculation)..
This are the important decision point which is made by traders(all style)..
Depend upon time frame , most important thing is market opening and market closing..
Plots the dynamic range from the calculated Average True Range of the security. The calculated price that it could return to from high to low and vice versa. Has been tested on multiple time frames on NSE equity stocks.
Best For Range Trader...
Combination of decision Point and Pivot Point And CPR...
Market Zone consist of
TMZ = Top Market Zone
CMZ = Center Market Zone
BMZ = Bottom MArket Zone
You can choose option of daily /weekly/monthly/yearly...
Historical data Control...
Easy Way to Analyse Market Zone to apply breakout and pullback entry..
Easy to capture...
For Intraday Trader... Classical Decision_point and CPR Combination...
TMZ = Top market zone
CMZ = center market zone
BMZ = Bottom Market zone
TMZ consist of pdh and r1
CMZ consist of pc and cpr
BMZ consist of pl and s1
useful for determination of trending market and range market...
Here's a mix of two indicators that I find particularly useful.
One is a Range Box showing High and Low of the day plus 50% range, as well as high and low of the previous day. The Box changes color based on whether it closed higher or lower than the previous session.
The second one plots Variable Moving Average clouds - short and long term one.
The rules are...
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 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...
Advantages: Easy to adjust input to dispay daily historical levels. Can use on any chart time
Limitations: Only displays for daily data
TradingView account needed: free
How to gain access to this script: www.ceo.codes
DESCRIPTION & HOW TO USE THE INDICATOR: