PROTECTED SOURCE SCRIPT

KLEO BTMM

80
KLEO BTMM - Multi-Tool Trading Indicator

Description:
This indicator is designed to assist traders in technical analysis by combining exponential moving averages (EMA), the average daily range (ADR), previous day's high and low levels, pivot points, and the visual representation of different trading sessions.

Key Features:
✅ Customizable EMAs – Supports up to 5 exponential moving averages to identify trends.
✅ Previous Day’s Highs and Lows – Identifies key price levels for support and resistance.
✅ ADR (Average Daily Range) – Calculates the average daily range to understand potential price movements.
✅ Trading Session Visualization – Displays the London session to aid in market structure and liquidity analysis.
✅ Pivot Points – Automatically calculates and plots pivot levels, including support (S1, S2) and resistance (R1, R2) levels, along with midpoints for a deeper market insight.

Note:
This script is not an automatic buy or sell signal but a tool to assist traders in making informed decisions. Users should combine it with their own trading strategies and risk management practices.

The purpose of this script is to support all traders who use the BTMM strategy and need these indicators—just like me, as I am a BTMM trader.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.