TradingMind24

TM24_SWING_TOOL

TM24_SWING_TOOL helps to identify following Things for Intraday Position on 15-30-60 Minutes timeframe along with Buy or sell signal.


1. Market Trend (Different Timeframe)

2. Price Direction

3. Area of Support & Resistance

4. Price Momentum




Terminology Use ==> Black from Bottom for - Buy, Red from Top for - Sale Signal, and Numbers are to show time frame indication there is presence of buyer or seller like 1 for buy signal on 1 minute time frame etc.

Display and Interpretation ==> Buy Sale Signal in Digit with 5-10-15-30-60-D for different time frames.



any value signal ending with * shows breakout of support/ resistance and value signal starting with * shows entry to a momentum zone.



Green Mark with Triangle Up shows trend of that timeframe in positive and value shows upside possible direction on that timeframe vice versa for red signal with down triangle



T1 stand for trend change in 1 Minute timeframe and T3 stand for trend change in 3 Minute timeframe



Use market structure, chart pattern, trend lines for more support..



Time frame ==> Use proper Signal with 15 minute, 30 minute time frame



What to Identify ==> Overall Trend for the Swing



How to Use ==>

See how and order buildup is seen and current order position. Also area for volatility and expected movement in price direction



Note: - Use market structure, chart pattern, trend lines and price action parameter for more confirmation.



Entry ==>

Let’s wait the proper area of support or resistance ( Area of Value in case of trend pattern use)



Exit ==>

SL of swing high/low out of market structure with proper risk management and target with proper Risk/ Reward Ratio



Use the Below Contacts to Access this Indicator
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact TradingMind24 for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?

Warning: please read before requesting access.