Ultimate Bar Analysis Emiliano Mesa

30 Mar 2018

My most complex script as a gift to you @TradingView.

Simple price action analysis. Look at the chart and the indicator will do everything else for you. This indicator is based in a combination of several indicators, including ADX, EMA, and concepts by the book "Bar by Bar" by Al Brooks. You can use it any way you like.

Its been tested in 5 minute stock charts, anything else is not assured to work.

Key:
Yellow/Pink ===> Buyer / Seller pressure (Bears/Bulls are gaining momentum)
Green/Orange ===> Up Trend / Down Trend, this is based on ADX, change the values if you wish.
Red ===> High reversal chance, based on Al Brooks book.
Grey Bars ===> No man land. (No trend is taking place)

Hope you enjoy! Leave your feedback down below.

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Prices starting at 100$

5 Nis 2018

Sürüm Notları

Added a support & resistance helping tool

6 Nis 2018

Sürüm Notları

Fill option