- 9 лет ago
- Published в: Last winner ethereum
- 1
- Автор: Kagazragore
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STREETLIGHT LULLABIES A BETTER PLACE DELAND
This indicator plots two sets of horizontal support and resistance levels. One is a tighter support and resistance level closer to the current price, while the other is quite far from the current price. It plots the horizontal resistance lines as green and the horizontal support lines as crimson. It also displays the price points where price may start to breakout as well as its probable target levels.
This indicator uses a complex algorithm which connects swing highs and swing lows to identify the diagonal trendlines. It also uses the concept of supply and demand zones, as well as swing highs and swing lows, as a basis for identifying the horizontal support and resistance levels. The price points displayed on the upper left corner of the chart shows the price points which are used as the basis for identifying the support and resistance lines as well as the diagonal trendlines.
Most of it should be set to true to display the significant price levels and plot the lines as showed above. Some of the settings are visual modifications such as changing the color of the lines, its thickness, as well as its style. This indicator can be used to identify potential breakout price levels and its corresponding targets. The diagonal trendlines, as well as the minor support and resistance lines which are closer to price action, can be used as a basis for trading bullish breakouts or bearish breakdowns.
Traders could then target the major support and resistance levels displayed as the thicker horizontal support and resistance lines as the take profit price levels. It uses three parallel channel levels to find dynamic support and resistance areas while market is in a trend. Rainbow: It is a combination of 28 day period Moving Averages simple MA but with different shift periods.
Price below the Rainbow signals the bearish trend and if above then it is interpreted as the bullish trend. It is plotted above the price bar to signal short entries and appears below the price bar signaling a possible long trade opportunity. As like as 3 Level ZZ Semafor it appears above or below the price bar to signal possible swing area of bearish or bullish momentum onwards.
PivotsD: It works as statically short-term horizontal support and resistance. DeMark Trendline Trader: These colored dots work as a trend swing indicator.
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Shows in depth analysis states of current trend report and shows the strength level of the momentum with various parameters and measures.
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Shows in depth analysis states of current trend report and shows the strength level of the momentum with various parameters and measures. Polynominal Regression: It is a trend channel like Bollinger Bands. It uses three parallel channel levels to find dynamic support and resistance areas while market is in a trend. Rainbow: It is a combination of 28 day period Moving Averages simple MA but with different shift periods. Price below the Rainbow signals the bearish trend and if above then it is interpreted as the bullish trend.
It is plotted above the price bar to signal short entries and appears below the price bar signaling a possible long trade opportunity. As like as 3 Level ZZ Semafor it appears above or below the price bar to signal possible swing area of bearish or bullish momentum onwards. Forex Indicator: none required. Anything else? Wait for the chart breakout of the trendline to happen.
If the lower trendline is broken, place a pending sell stop order two pips below the low of that breakout candlestick. Or, if the top trendline is broken, place a pending buy stop order two pips above the high of the breakout candlestick. You may use the risk: reward ratio of to calculate the profit target or use a previous swing high and swing low for buy and sell trade.
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