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Indicator PTB

Description:

The PTB_MoneyFlow indicator is designed to help traders identify key price levels and potential price movements using Fibonacci retracement levels, alongside tracking recent highs and lows over both short and long periods.

Key Features:
Highs and Lows Tracking:

The indicator calculates and plots the highest and lowest prices over two user-defined lookback periods:
Short Lookback Period: Default is 3 bars.
Long Lookback Period: Default is 144 bars.
These levels are plotted on the chart, helping to highlight recent market extremes.
Fibonacci Retracement Levels:

The indicator calculates and plots the Fibonacci retracement levels based on the long lookback period's high and low prices.
The following Fibonacci levels are included: 0.236, 0.382, 0.5, 0.618, and 0.786.
Each Fibonacci level is represented with different colors for quick visual identification. The lines are drawn with 50% transparency to ensure clarity when multiple lines overlap.
Price Cross Alerts:

The indicator monitors if the current price crosses any of the key Fibonacci levels and triggers alerts when a crossover occurs. This can provide valuable signals for potential reversal or continuation of price movements at these critical levels.
Visuals:

Both the short and long period highs and lows are plotted with distinct colors.
Fibonacci lines are drawn in dotted styles with custom colors and transparency, making the chart easier to interpret.
Usage:
This indicator is useful for traders looking to:

Identify areas of price support and resistance using Fibonacci levels.
Track recent market extremes over different timeframes.
Set alerts for when price crosses important Fibonacci retracement levels, which could indicate potential trading opportunities.
The indicator is versatile and can be adapted to various trading strategies that rely on Fibonacci analysis and tracking key market highs and lows.


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Protect against whipsaws: revolutionize your swing trading approach Special Offer: Purchase now to receive free bonuses worth $135! (Read more for details) Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market i
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up
FX Volume MT5
Daniel Stein
4.93 (14)
Obtenez votre mise à jour quotidienne du marché avec des détails et des captures d'écran via notre Morning Briefing ici sur mql5 et sur Telegram ! FX Volume est le PREMIER et SEUL indicateur de volume qui fournit un VRAI aperçu du sentiment du marché du point de vue d'un courtier. Il fournit des informations impressionnantes sur la façon dont les acteurs institutionnels du marché, comme les courtiers, sont positionnés sur le marché des changes, bien plus rapidement que les rapports COT. Voir c
Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.
Unlock key market insights with automated support and resistance lines Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details) Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and ev
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