To be a successful trader, you need to have a picture of where price is going. Where will this market find support before reversing? How far up are the bulls going to take the price? If you knew the answer to questions like those, you could make a lot of money, right?
What if I told you that the market makers on the floor of the New York Stock Exchange had...
This is an experimental study designed to identify potential areas of support and resistance using a hybrid between Camarilla and Fibonacci pivot calculations.
The levels are calculated by taking 110% of the previous interval's range multiplied by 8.33%, 16.67%, 25%, 50%, 61.8%, 78.6%, 100%, 127.2%, 141.4%, and 161.8%, then adding them above and below the interval...
Exits added using trailing stops.
2.6 Profit Factor and 76% Profitable on SPY , 5M - I think it's a pretty good number for an automated strategy that uses Pivots. I don't think it's possible to add volume and day open price in relation to pivot levels -- that's what I do manually ..
Still trying to add EMA for exits.. it will increase profitability. You can...
Breakout strategy of H4 and L4 levels. Manual entries and exits - higher profits BUT because I am a novice in pinescript,
Can someone please:
1. Show me how to add exit strategy lines : close> ema(close,3) for exit short and opposite for long. I added myself but I can't make it to work in relation to camarilla entries; instead it shows all ema crossings..
2.Why...
![BTCUSD: Tender Zones and Cam Pivots [AK] WiP](https://s3.tradingview.com/3/37rgEJaE_mid.png "Tender Zones and Cam Pivots [AK] WiP")
![BTCUSD: Hybrid Pivot Zones [DW]](https://s3.tradingview.com/e/EWc2e7yR_mid.png "Hybrid Pivot Zones [DW]")
