Universal pivot-level indicator that show few pivots on choosen period. Usually pivots work in all liquid markets, which exhibit stable price ranges. The levels work very well in the futures markets and the Forex market as well.
In the trend price tends to go from the Pivot-level to 1 or 2 of the first support or resistance levels. Scope of the 2nd support / resistance is a frequent speaker for the motion.
In the areas of prices often go to the first support to resistance and Pivot with acts like the axis of rotation rates.
period (default 14400 – 1 day) , valuable records:Continue reading
Indicator calculates asymmetry with some complex formulas, based on RSI indicator values. Asymmetry high value mean new trand is begining, while low values mean flat trand.
Indicator input parameters:
AsPeriod (default 30) – Asymmetry period, on what it is caunted
This is standard Commodity Channel Index (CCI) indicator, however with implemented Noise Reduction mechanism, so it give much less negative sygnals to trade.
Indicator input parameters:
CCIperiod – indicator period
Price (defauld = 4) – price type, allowed numbers:
- 0 – Price Close value
1 – Price Open
2 – Price High
3 – Pice Low
4 – Price median value (high+low)/2
5 – Price typical value (high+low+close)/3
6 – Price Weighted value (high+low+close+close)/4
Sens – allowed calculating error
This indicator automatically draw support and resistance lines with channels, and some additional channel lines. To have indicator draw channels in history you may just move last vertical line (named StartTL). In the top right corner indicator show number of lines for support and resistance.
FirstBar – start candle, where StartTL will be placed
DeltaBar – minumum number of candles for support/resistance lines
InsLine (true/false) – build or now additional internal line of support/resistance
The indicator is based on Tom Strignano idea about building FIBO channels from previous day candle, the start point here is day close price. Fibo levels are built both sides, up and down.
Indicator that will take in account multiple indicators then produce a percentage result and make a calculated price prediction on that data.Volume indicator will give visual confirmation.
The eVOLution-options indicator do analyse trades with currency options for previous trading session on CME, and it try to define support and resistance of current day.
The main result of indicator is Key Zone (A on screenshot) – the balance level between large market operators, this is zone where main battle will be played between bears and bulls, and usually it’s not easy to brake that zone. If day was opened above Key Zone than current day considered as bullish day, and we supp ose that price will rebound up from Key Zone. And vice-versa – if day was opened below Key Zone than current day is considered as bearish day, and we suppose that price will rebound down from Key Zone.
The indicator works with external data that should be downloaded manually from trading-evolution.com website flesh applet.