Volume Surge Webhook AlertThis TradingView indicator, named "Volume Surge Webhook Alert," is designed to find significant increases in trading volume and send out alerts with key information. It works by looking back at the volume over a certain number of past candlesticks, which you can set using the "Lookback Period" input. The indicator calculates the average volume during this period. Then, it sets a threshold for what counts as a "volume surge." This threshold is a percentage increase over the average volume, and you can adjust this percentage using the "Volume Surge Threshold (%)" input.
When the current candlestick's volume is higher than this threshold, the indicator considers it a volume surge. To help you see this visually, the indicator plots three lines on a separate chart: the average volume (in blue), the current volume (in red), and the threshold volume (in gray circles).
If a volume surge happens, the indicator creates a webhook alert. This alert sends a message in a structured format (like a digital envelope) that contains the following information: the symbol of the stock or cryptocurrency, the timeframe of the chart you're looking at, the current volume, the average volume, the threshold volume, and a simple message saying a volume surge was detected. This alert is sent only once when the candlestick closes with a volume surge.
Additionally, when a volume surge is detected, a small red exclamation mark "!" will appear above that candlestick on the main price chart.
Essentially, this indicator helps traders spot times when trading volume is unusually high, which can sometimes be a sign of important price movements. You can customize how sensitive the indicator is by changing the "Lookback Period" and the "Volume Surge Threshold (%)". The webhook alerts allow you to be notified automatically when these surges occur, so you don't have to constantly watch the charts.
Dönemler
US10Y 63-Day Range PercentageMide la posición actual del precio del US10Y en su rango de los últimos 63 días, expresada como porcentaje.
Interpretación:
0%: El precio está en el mínimo del rango.
100%: El precio está en el máximo del rango.
Color de fondo: Resalta condiciones extremas según los umbrales configurados.
9:00 AM CR ModelHow to Trade the 9:00 a.m. CR Model
Define the Range:
8:00 a.m. Hourly Candle:
On the 1-hour chart, mark the high and low of the 8:00 a.m. candle.
9:00 a.m. 15-Minute Candle:
After it closes at 9:15 a.m., mark its high and low.
Identify Setup:
Turtle Soup (False Breakout):
Look for price to wick above the high (bearish) or below the low (bullish) and reverse.
Enter at a validated level (e.g., order block, fair value gap).
Breakout:
Confirm a close above the high (bullish) or below the low (bearish).
Use Fibonacci to find the midpoint (EQ) of the breakout candle and enter at that level.
Entry Rules:
Bullish Setup:
Enter below the open of the relevant candle after manipulation or breakout.
Bearish Setup:
Enter above the open of the relevant candle after manipulation or breakout.
Targets:
Opposite end of the range.
Key levels (e.g., prior highs/lows or standard deviations).
Take partials at the midpoint of the range.
Risk Management:
Always validate entries using key levels or Turtle Soup setups.
Avoid setups where the midpoint (EQ) is not hit.
Enhanced Trend Following Strategy for DOGEUSDT (1-Min Chart)This strategy is designed to capitalize on trend momentum while minimizing risk through calculated entries and exits. With a focus on high-frequency trading, it leverages key technical indicators such as EMA crossovers, ADX trend strength, and RSI for market momentum analysis.
Performance Overview
Net Profit: +7,176.92 USDT (0.72%)
Total Closed Trades: 39
Win Rate: 76.92%
Profit Factor: 1.819
Max Drawdown: 3,600.01 USDT (0.36%)
Avg Trade: 184.02 USDT (0.18%)
Avg # Bars in Trades: 39
Key Features
Dual EMA Trend Confirmation:
A fast EMA (e.g., 50-period) and slow EMA (e.g., 200-period) identify strong trend directions and crossovers to confirm entry points.
ADX Trend Strength Filtering:
The Average Directional Index (ADX) helps ensure trades are only taken during strong trending conditions, avoiding choppy markets.
RSI Momentum Indicator:
Avoids overbought/oversold conditions by filtering entries when RSI is in favorable territory.
Multi-Timeframe Analysis:
Uses higher timeframe data to confirm trend direction, adding robustness to the strategy.
Risk Management:
Dynamic stop-loss and take-profit levels adjust based on market volatility to capture optimal profit potential.
Trade Logic
Long Entry:
When the fast EMA crosses above the slow EMA, ADX confirms a strong trend, and RSI indicates upward momentum.
Stop-loss set below recent swing low, take-profit at a 5-10% gain target.
Short Entry:
When the fast EMA crosses below the slow EMA, ADX confirms a downtrend, and RSI indicates downward momentum.
Stop-loss above recent swing high, take-profit at a 5-10% gain target.
Exit Conditions:
Take profit triggered when predefined levels are hit, or an opposite crossover occurs.
Stop loss triggered on price reversal beyond key support/resistance levels.
Potential Improvements
Fine-tuning ADX smoothing to reduce whipsaws.
Experimenting with dynamic position sizing based on ATR.
Adding volume-based confirmations for increased accuracy.
This strategy provides a solid foundation for trend-following traders, especially on shorter timeframes such as the 1-minute chart, with a strong focus on maintaining a high win rate and keeping drawdowns under control.
Give it a shot and optimize it further to suit your trading style!
Optimized Impulse Wave Strategy for Speedy BTC Trades (3-Min)Looking to capitalize on rapid price movements in Bitcoin? The Optimized Impulse Wave Strategy is designed for high-frequency traders who thrive on short-term opportunities. Leveraging a combination of key technical indicators, this strategy aims to provide timely entries and exits with dynamic risk management.
Key Features:
📊 Indicators Used:
MACD Crossover: To identify momentum shifts.
200 EMA Trend Confirmation: For directional bias.
RSI (14): To gauge overbought/oversold conditions.
ADX (14): To confirm strong trends with a threshold filter.
ATR-based Stop Loss & Take Profit: Adaptive risk management.
⚡ Timeframe: 3-minute chart – ideal for scalping and short-term trades.
💡 Entry Logic:
Long Entry: Price above EMA, MACD bullish crossover, RSI > 50, and ADX strength confirmation.
Short Entry: Price below EMA, MACD bearish crossover, RSI < 50, and ADX strength confirmation.
🎯 Risk-Reward Ratio: Customizable with built-in ATR calculations to ensure strategic exits.
Performance:
✅ Win Rate: ~40% on BTC/USDT (3-min timeframe) in backtesting.
✅ Profit Factor: Carefully optimized to balance risk and reward.
✅ Trade Frequency: Frequent, perfect for active traders seeking volatility.
How to Use:
Apply the script to BTC/USDT on the 3-minute chart.
Watch for green buy arrows and red sell arrows to trigger trades.
Manage your risk using ATR-based stop-loss and take-profit levels.
Enable alerts for real-time trade signals.
⚠ Disclaimer: Past performance does not guarantee future results. Use proper risk management and test in a demo environment before live trading.
Follow for more trading strategies and share your thoughts below! 📩🔥
Webhook simplifiedtest to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
test to sent webhooks to various parties
Dynamic Bollinger BandsClean Bollinger Bands
Key Features
Standard Bollinger Bands Calculation
Middle Band (SMA): Calculates the Simple Moving Average (SMA) based on a customizable period.
Upper Band: Plots the upper Bollinger Band using a specified number of standard deviations above the SMA.
Lower Band: Plots the lower Bollinger Band using a specified number of standard deviations below the SMA.
30 moving averageA 30-moving average (MA) is a technical analysis tool that calculates the average price of an asset over the last 30 periods (e.g., days, weeks, or months). It smooths out price fluctuations to help traders and investors identify trends. Here’s a brief overview:
Purpose: To determine the overall trend direction and filter out short-term price volatility.
Types:
Simple Moving Average (SMA): Equal weight is given to all data points.
Exponential Moving Average (EMA): More weight is given to recent prices.
Usage:
When the price is above the 30-MA, it suggests an uptrend.
When the price is below the 30-MA, it indicates a downtrend.
Application: Commonly used in combination with other indicators to confirm trends, identify potential entry/exit points, and assess overall market momentum.
Enhanced Volume Analysis & Breakout SystemHere's a Concise and Compact SOP for the Simple Volume & Breakout System with S/R Zones indicator:
1. Preparation
Install the Indicator:
Copy the script into TradingView’s Pine Script Editor → Add to Chart.
Set Parameters:
Enable show_volume for volume analysis.
Enable show_sr_zones for support/resistance zones.
Adjust volume_threshold, atr_length, and target_length as needed.
2. Volume Analysis
Buy/Sell Volume:
Bullish Trend: buy_volume > sell_volume.
Bearish Trend: sell_volume > buy_volume.
Volume Pressure:
Helps confirm trend direction and target price.
3. Identify S/R Zones
Resistance (R1):
Red line → Potential sell area.
Support (S1):
Green line → Potential buy area.
4. Breakout Signals
Bullish Signal:
Green arrow/"Strong Bull Signal".
RSI > 70 & dominant buy volume.
Bearish Signal:
Red arrow/"Strong Bear Signal".
RSI < 30 & dominant sell volume.
5. Trendline & Price Target
Trendline:
Green = bullish; Red = bearish.
Connects current price to the target price.
Price Target:
Label at the trendline end (e.g., "1.2500 (+2.5%)").
6. Entry Points
Buy:
Near S1 with a bullish signal and dominant buy volume.
Sell:
Near R1 with a bearish signal and dominant sell volume.
7. Take Profit & Stop Loss
Take Profit:
Follow the indicator’s price target.
Stop Loss:
For Buy: Below S1.
For Sell: Above R1.
8. Risk Management
Limit risk to 1-2% of capital per trade.
Avoid overtrading; stick to the trading plan.
Stay disciplined; avoid emotional decisions.
9. Example Scenarios
Scenario 1: Buy
Price near S1, dominant buy volume, bullish signal → Buy.
Target: Price target label.
Stop loss: Below S1.
Scenario 2: Sell
Price near R1, dominant sell volume, bearish signal → Sell.
Target: Price target label.
Stop loss: Above R1.
10. Evaluation
Review: Record all trades for analysis.
Adjust: Tweak parameters for better accuracy.
This SOP simplifies usage of the indicator for effective trading decisions. Let me know if you'd like any refinements! 🚀
Thrax - Price Action ConceptsThrax Price Action Concepts
The Price Action and Concepts provides a comprehensive analysis of market behaviour by combining price action strategies with key market concepts. The toolkit includes market structure analysis, order blocks, volumetric analysis, gap analysis, and other insights into market dynamics. This indicator toolkit is useful for traders seeking to understand market sentiment, identify entry and exit points, and enhance their trading strategies through data-driven decisions.
🔶 Market Structure Scanner
Market Structure scanner toolset is a part of Thrax Price Action designed to provide traders with insights into the current state of the market.
➔ Real-Time Market Structure
Real time market structure analysis provides traders with up-to-the-moment insights into the prevailing market conditions, including key support and resistance levels and other structural elements. Purpose: Traders can use this feature to gauge the immediate direction of price movements and identify potential entry and exit points.
If Thrax-Market Structure is switched on then real time market structure is displayed on chart
You can change the look-back period setting to get broader and shorter market structure as required.
➔ Small Interval Market Structure
Small Interval Market Structure analysis focuses on capturing short-term price movements and structural patterns within smaller time intervals. Purpose: Traders can use this feature to identify intraday trends, support and resistance levels, and potential reversal points, enabling more precise timing for trade entries and exits.
Traders can select Thrax small interval market structure to understand short term market structure.
➔ Higher Time Frame Market Structure
Higher Time Frame Market Structure analysis allows traders to zoom out and analyze the broader market trends and structural formations across longer time frames.
By understanding the market's higher time frame structure, traders can gain valuable context for their trading decisions and avoid getting caught up in short-term fluctuations.
🔶 Order Blocks Analysis
Order Blocks Analysis is a powerful tool for traders seeking to understand market order flow dynamics and identify significant price levels where large orders have been executed. By analysing order blocks, traders can gain insights into market liquidity and potential areas of support and resistance.
➔Real-Time Order Blocks
Order Blocks analysis provides traders with insights into significant market orders executed in real-time, indicating areas of high liquidity and potential price reversals. Purpose: Traders can use this feature to identify key support and resistance levels based on recent order flow activity, facilitating more informed trading decisions.
🪛 Order block overlapping can be removed by switching on Hide order block overlap settings.
Volumetric Order Blocks analysis focuses on identifying significant areas of market liquidity based on volume clusters or "order blocks," providing insights into potential support and resistance levels.
🪛 Traders can use this feature to identify key price levels where significant buying or selling activity has occurred, enabling them to make informed trading decisions based on market liquidity dynamics.
➔ Smaller Interval Order Blocks
Smaller Interval Order Blocks analysis focuses on capturing order block activity within smaller time intervals, allowing traders to pinpoint short-term shifts in market sentiment and liquidity.
🪛 By analyzing the smaller interval order blocks, traders can identify intraday trading opportunities and fine-tune their entry and exit strategies for optimal performance.
🔶 Volume Analysis
Volume Analysis is a critical aspect of market analysis that provides insights into market liquidity dynamics and potential trading opportunities. By analyzing volume patterns and anomalies, traders can gain valuable insights into market sentiment and make informed trading decisions based on volume analysis
➔ Volume Imbalances:
Volume Imbalances analysis allows traders to identify discrepancies between buying and selling volume within specific price levels or time intervals, indicating potential shifts in market sentiment.
🪛 By analysing volume imbalances, traders can gain insights into potential supply and demand imbalances, facilitating more accurate predictions of future price movements and trading opportunities
🔶 Thrax - Gaps Analysis
Thrax - Gaps Analysis is an advanced tool designed to help traders identify and analyze gaps in market pricing, including Fair Value Gaps and Opening and Closing Filtered Gaps. By leveraging Thrax Gaps Analysis, traders can gain valuable insights into market dynamics and make informed trading decisions based on gap analysis.
➔ Fair Value Gaps
Fair Value Gaps analysis allows traders to identify discrepancies between an asset's current market price and its fair value, enabling them to spot potential market mispricings. Purpose: Traders can use this feature to capitalise on opportunities arising from market inefficiencies, such as assets trading above or below their fair value.
➔ Opening and Closing Filtered Gaps
Opening and Closing Filtered Gaps analysis focuses on identifying gaps in market pricing that occur at the opening or closing of trading sessions, filtered based on predefined criteria. Purpose: By analysing opening and closing filtered gaps, traders can gain insights into market sentiment and potential price movements at the start or end of trading sessions, facilitating more informed trading decisions. These gaps are found usually to be mitigated by market, hence can be used to initiate or exit trade.
🔶 Institutional Candles & Zones
IFC candles, short for Institutional Footprint Candles, are specific candlestick patterns that indicate potential manipulative movements by large institutional players in the market. These candles often represent areas where institutions are accumulating or distributing significant positions, causing sudden price movements. The appearance of IFC candles signals a high probability of a market direction reversal or a "flip," as they are typically associated with areas of liquidity grabs or stop-loss hunts. Traders use these candles as key markers to anticipate shifts in market sentiment and align their strategies accordingly.
🔶 Equal Highs and Lows
When enabled, this feature highlights areas on the chart where equal highs or lows occur, signalling potential zones of liquidity. A configurable parameter allows users to specify the minimum number of candles that must pass before identifying equal highs or lows. This helps traders pinpoint significant price levels that may attract institutional activity or serve as breakout or reversal points.
Trend Analysis: DJ 09Bullish trends when the short-term MA crosses above the long-term MA and RSI is rising.
Bearish trends when the short-term MA crosses below the long-term MA and RSI is falling.
TRBO COGThe TRBO COG indicator is a MACD-based tool
that enables users to identify the current trend, helping them make informed decisions on whether to call or put.
This indicator is essential for traders looking to accurately assess market conditions and make strategic trading choices.
By utilizing the TRBO COG indicator, users can gain valuable insights into market trends and optimize their trading strategies for success.
Introduction to the TRBO COG Indicator
Overview of TRBO COG and its Purpose.
trade smart by using this tool.
The Importance of Trend Identification in Trading
1. Introduction to the TRBO COG Indicator
Overview of TRBO COG and its Purpose
The TRBO COG indicator is a nifty tool designed to help traders identify the current trend in the market, giving them a better understanding of whether to go long or short on their trades. It's like having a crystal ball that whispers trend secrets to you (minus the mystical ambiance).
The Importance of Trend Identification in Trading
In the wild world of trading, identifying the trend is like knowing which way the wind is blowing. It guides you in making informed decisions, prevents you from swimming against the tide, and increases your chances of catching profitable waves. Ignoring the trend is like trying to salsa dance to a waltz – not pretty.
2. Understanding the MACD-Based Functionality
Explanation of MACD and its Role in TRBO COG
MACD, short for Moving Average Convergence Divergence, plays a crucial role in the TRBO COG indicator. It's like the secret sauce that gives your trend analysis that extra kick. MACD helps smooth out price data, making it easier to spot trend changes and potential entry points. It's like having a seasoned detective in your trading toolkit.
How MACD Enhances Trend Analysis
By using MACD in the TRBO COG indicator, traders can dive deeper into trend analysis, identifying shifts in momentum and potential trend reversals. It's like having x-ray vision in a world full of market noise – helping you cut through the clutter and focus on what really matters.
3. Utilizing TRBO COG for Trend Identification
Step-by-Step Guide to Using TRBO COG
Using the TRBO COG indicator is as easy as making a cup of tea (well, almost). Simply input the indicator into your trading platform, follow the signals it generates, and voilà – you have a clearer picture of the prevailing trend. It's like having a trusty sidekick whispering trend insights in your ear.
Interpreting TRBO COG Signals for Trend Direction
When the TRBO COG indicator flashes its signals, it's like a lighthouse guiding you through stormy seas. Pay attention to the signals it provides – whether it indicates a bullish or bearish trend – and use this information to steer your trading decisions in the right direction. It's like having a compass in a sea of uncertainty.
4. Key Features and Components of TRBO COG
Overview of TRBO COG Components
The TRBO COG indicator consists of various components that work together to give you a holistic view of the trend. From trend lines to momentum indicators, each component plays a vital role in helping you navigate the market terrain. It's like having a full arsenal of tools at your disposal.
Understanding the Parameters for Customization
Customization is key when using the TRBO COG indicator. By tweaking the parameters to suit your trading style and preferences, you can fine-tune the indicator to provide you with tailored trend insights. It's like having a bespoke suit made – perfectly fitting and tailored to your needs.
5. Strategies for Making Informed Call Decisions
Using TRBO COG to Determine Call Timing
Timing is everything when it comes to trading, and the TRBO COG indicator can be a valuable tool in helping you pinpoint the optimal moment to make a call. By analyzing the convergence and divergence of the indicator lines, you can get a clearer picture of when the trend is in your favor, enabling you to make more informed decisions on when to enter or exit a trade.
Risk Management Techniques in Combination with TRBO COG
While the TRBO COG indicator can provide valuable insights into market trends, it's essential to pair this information with effective risk management techniques. Setting stop-loss orders, diversifying your portfolio, and avoiding emotional trading can all help mitigate potential losses and maximize your gains when using TRBO COG to inform your call decisions.
6. Case Studies and Real-World Applications
Examples of TRBO COG in Action
To truly understand the power of the TRBO COG indicator, looking at real-world examples can provide valuable insights. By examining how the indicator has been used in specific trading scenarios, you can gain a better understanding of its practical applications and potential outcomes in different market conditions.
Lessons Learned from Real Trading Scenarios
Reflecting on past trading experiences where TRBO COG was employed can offer valuable lessons for future decision-making. Understanding what worked well and what didn't in previous trades can help you refine your strategies and improve your overall trading performance when using the TRBO COG indicator.
7. Tips for Effective Implementation and Monitoring
Best Practices for Applying TRBO COG in Trading
When incorporating the TRBO COG indicator into your trading strategy, it's essential to follow best practices to maximize its effectiveness. This may include combining it with other technical indicators, testing different settings, and staying informed about market trends to make the most informed call decisions possible.
Monitoring and Adjusting TRBO COG Settings for Optimal Results
Market conditions can change rapidly, so regularly monitoring and adjusting your TRBO COG settings is crucial for achieving optimal results. By staying vigilant and adapting to evolving market trends, you can ensure that the indicator continues to provide you with accurate insights to inform your call decisions effectively.
8. Conclusion: Enhancing Decision-Making with TRBO COG
In conclusion, the TRBO COG indicator offers traders a valuable tool for identifying current trends and making informed call decisions. By understanding how to use the indicator to determine call timing, implementing effective risk management techniques, learning from real-world case studies, and following best practices for implementation and monitoring, traders can enhance their decision-making process and increase their chances of success in the market.
Conclusion: Enhancing Decision-Making with TRBO COG
NY Session (MST)Highlights the New York session in MST. Highlights from 730am to 200pm to get a quick visual of previous sessions or overnight data.
EMA 3co9 Crossover AlertEMA 3co9 Crossover Alert checks if 3ema has crossed 9ema on 15 min and also 60 min. Also checks if RSI > or < 50
LSVMA - Multi Timeframe with FibonacciMulti Timeframe with Fibonacci levels, Plots fibonacci levels in different timeframe with Volume moving average.
Bitcoin Halving Events [CounterFlow]Bitcoin Halving Events
This script highlights the key Bitcoin halving events on the chart, marking them with vertical lines and labels for easy visualization. The halving events occur roughly every four years and are significant events in the Bitcoin network, where the block reward miners receive is cut in half. This script focuses on five halving events, with the first four occurring and the fifth being estimated.
Key Features:
Halving Events Visualization: The script marks the dates of each Bitcoin halving event with a yellow vertical line across the entire price range (from high to low). The halving events are significant as they impact Bitcoin's supply and the incentive structure for miners.
Date-based Logic: The function isDate() checks for specific dates where halving events occurred or are expected to occur. It compares the given date with the bar’s time to determine if the event took place on that bar.
Halving Event Dates:
First Halving: November 28, 2012
Second Halving: July 9, 2016
Third Halving: May 11, 2020
Fourth Halving: April 20, 2024 (projected date)
Fifth Halving: Estimated for April 20, 2028
Labels: If the showLabels option is enabled, a label is added next to the vertical line for each halving event, indicating the specific halving and its date. The label is positioned at the low of the bar where the event occurred and is styled with black text on a yellow background.
This indicator is helpful for traders and enthusiasts who want to keep track of significant events that influence Bitcoin’s market dynamics.
ETH 90% PROFIT BUY/SELL INDICATORHello Friends!
This script combines my personal MACD+RSI+CCI+BOLINGER+EMA+STOCHASTIK strategy which I've been using for years, into a simpler indicator.
BEST FOR 15 MIN, 1H AND OTHER TIMEFRAMES
This indicator does not require any additional indicator setup.
The advantage of this indicator ,This will avoid all noise and provide best entry and exit for both BUY/SELL or long/short orders.
This is the magical indicator can be used in any script and in any market.
Access is through invite only.
This version works only on ETH.
PM me for other versions.
BTC 90% PROFIT LONG/SHORT INDICATORHello Friends!
This script combines my personal MACD+RSI+CCI+BOLINGER+EMA+STOCHASTIK strategy which I've been using for years, into a simpler indicator.
BEST FOR 15 MIN, 1H AND OTHER TIMEFRAMES
This indicator does not require any additional indicator setup.
The advantage of this indicator ,This will avoid all noise and provide best entry and exit for both BUY/SELL or long/short orders.
This is the magical indicator can be used in any script and in any market.
Access is through invite only.
This version works only on BTC.
PM me for other versions.
ALTCOIN 90% PROFIT BUY/SELL IndicatorHello Friends!
This script combines my personal MACD+RSI+CCI+BOLINGER+EMA+STOCHASTIK strategy which I've been using for years, into a simpler indicator.
BEST FOR 15 MIN, 1H AND OTHER TIMEFRAMES
This indicator does not require any additional indicator setup.
The advantage of this indicator ,This will avoid all noise and provide best entry and exit for both BUY/SELL or long/short orders.
This is the magical indicator can be used in any script and in any market.
Access is through invite only.
PM me for other versions.
Stock Market 90% PROFIT BUY/SELL IndicatorThis script combines my personal MACD+RSI+CCI+BOLINGER+EMA+STOCHASTIK strategy which I've been using for years, into a simpler indicator.
Access is through invite only.
[ABCOL] Panchak Support Resistance Levels (L1) Panchak Support Resistance Levels
This indicator is designed to help traders identify key support and resistance levels based on the Panchak period—a significant time frame in astrology-based trading. It allows users to input the current Panchak start and end date/time, as well as the start date/time for the next Panchak period. The indicator then automatically calculates and draws critical Panchak levels for the current period.
In addition to Panchak levels, the script also identifies and plots five support and resistance levels for the current trading period. These levels are based on Panchak price data and serve as potential price zones for market reversals or breakout points. By incorporating these Panchak levels and the additional support/resistance markers, traders can enhance their decision-making process and align their trades with key time-based market movements.
Key Features:
- Input fields for current Panchak start & end date/time and next Panchak start time.
- Automatic plotting of Panchak levels for the current period.
- Visualization of five support and resistance levels for the current period.
- Useful for time-based trading strategies, incorporating astrological cycles and technical analysis.