It is a simple test strategy.
The strategy involves variable resistance.
If the price closes above the resistance a long order is placed and when price closes below the resistance a short order is placed.
Comment the perfect combination of indicators for it and will try to incorporate those indicators into it in the next version.
Message if you think of any...
TRAILING RESISTANCE INDICATOR is a helpful tool for traders to help one of the common problems that they face: where to buy/sell?
by using trailing resistance you can easily decide and see possible upward movements and understand if you are in a safe zone.
Using Trailing Resistance is just simple:
Go long/ Buy when price crosses above the indicator,
Stay on...
Like market profile VPOC, the Virgin Open_is_Low (VOL) is a Point of Control below which price has not closed in past.
Once price closes below VOL the indicator would not paint further.
This indicator will act as Support and Resistance.
Like market profile VPOC, the Virgin Open_is_High (VOH) is a Point of Control above which price has not closed in past.
Once price closes above VOH the indicator would not paint further.
This indicator will act as Support and Resistance.
Like market profile VPOC, the Virgin Open_is_High (VPOC) is a Point of Control above which price has not closed in past.
Once price closes above VOH the indicator would not paint further.
This indicator will act as Support and Resistance.
This Indicator Plots a 52 Week High and Low equal or below daily.
A 52 Daily High and Low on timeframes below daily.
A 52 Bars High and Low on timeframes on any timeFrame.
Based on 52 Week High/Low by BacktestRookies
4 Exponential Moving Averages + One Extra for 1D Charts
I use 4 EMAs for my 1 hour and 4 hours Chart.
Additionally for 1D Charts, sometime i need to use 9 EMA. Now is in place. Enjoy it!
I used them only for support my analisys based on Elliot Waves and Fibonacci projections and Retracements, which are my main strategy.
Shows the CBOE and CME settlement dates as horizontal lines, with the option to show a 7 day warning in the background. This should hopefully give ample warning.
I intend to update the script as new dates become available but please PM if I've forgotten.
This is a modification of On Balance True Range where the plot is made on the chart based on VWAP. Getting the previous day values of this logic is useful in determining the major pivot points during the day. The intra day VWAP is also plotted to know if the price is being traded above or below the average price.
The script also has a Kalman Filter based moving...
This Indicator plots smoothed weighted moving average combinations of various Fibonacci numbers
a great support and resistance for long term trading and confirmation
High Low Projections of daily/weekly/quarterly/yearly price movement. Dark/night mode version. Green when broken through to upside, red when broken through to bottom side.
I was reading about Fibonacci Clusters on investopedia (www.investopedia.com) and couldn't find a script for it on tradingveiw. Apparently some people use it successfully but I found it a little chaotic. This script will mark the retracements in a window's length, and you can set this for six windows. This script isn't very pretty because it doesn't seem obviously...
