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It draw vertical lines on the chart. For example you can mark Longon and NY sessions open. Or just draw at every hour. Line color depends on swap rates. If swap rate for long is bigger the lines will be lime. If swap rate for short is bigger then red. Also it draw Asian session High and Low at selected time. Default settings are: 3am - 10am is Asian session period to check. 3am - 5pm distance to draw lines. So ar 10am (London open) it will draw 2 lines: Asian High and Asian Low
This is a great indicator that uses 20 moving averages at once. It shows the trend direction and possible reversals. Lime : Uptrend. Long trading Maroon : Reentry or downtrend reversal Red : Downtrend. Short trading Green : Short Reentry or uptrend reversal It can be used on any time frame. To best determine the trend use it also on higher timeframes. You can adjust the type of moving average used, the length of calculations and the settings where to catch the trend reversals
This is a great indicator that uses 20 moving averages at once. It shows the trend direction and possible reversals. Lime : Uptrend. Long trading Maroon : Reentry or downtrend reversal Red : Downtrend. Short trading Green : Short Reentry or uptrend reversal It can be used on any time frame. To best determine the trend use it also on higher timeframes. You can adjust the type of moving average used, the length of calculations and the settings where to catch the trend reversals
Indicator shows Support and Resistance Levels. Support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level . Support and resistance are key concepts that help traders understand, analyze and act on chart patterns in the financial markets.
Indicator shows Support and Resistance Levels. Support and resistance are certain predetermined levels of the price of a security at which it is thought that the price will tend to stop and reverse. These levels are denoted by multiple touches of price without a breakthrough of the level . Support and resistance are key concepts that help traders understand, analyze and act on chart patterns in the financial markets.