Higher Time Frame Open Level's is a script that highlights the OPEN of any higher time frame candle.
Timeframe: Pick Which Higher Timeframe Open to display
Transparency: Choose how transparent these levels should appear
Above Open Color: Determine which color to represent above the Higher Timeframe Open
Below Open Color: Determine which color to...
The Fibonacci Timing Pattern is a price-based counter that seeks to determine short-term and medium-term reversals in price action. It is based on the following set of conditions:
* For a bullish Fibonacci timing signal: The market must shape 8 consecutive close prices where each close price is lower than the close prices from 3 and 5 periods ago.
* For a bearish...
OK let's get started ,
A Day Trading (Intraday) Consolidation Breakout Indication Strategy that explains time condition for Indian Markets .
The commission is also included in the strategy .
The basic idea is ,
1) Price crosses above upper band , indicated by a color change (green) is the Long condition .
2) Price crosses below lower band , indicated by a color...
This is a modification of a script by RobMinty, "FXN - Asian Session Range" The script provides functionality to track specific trading sessions based on user preference rather than just the market sessions open and close. The idea is to help you hold yourself accountable to your specific trading times as well as backtest various marketing timings suitable to your...
Suggested useage: monthly index or asset class charts.
Traffic light colour system offers opinion on market risk.
Good for long term timing / hedging & allocation adjustment
with hat tip to William Blau !
00.00 - alt-flames
a) various combinations of EMA crossovers taken from the primeval_series to create a complete sequence of background colored-lines that subdivide into a bullish portion
and a bearish portion for directional identification
b) specific macd crossovers for predictive power in the form of directional flames located directly...