TradingMind24

TM_DAY_TRACKER_ADVANCE

Day_Tracker_ Advance Indicator shows overall trend or market direction for Intraday / Swing Position along with Buy or sell signal.

Terminology Use ==> B- Buy, S- Sale Signal, and Numbers are to show time frame indication there is presence of buyer or seller like B1 for buy signal on 1 minute time frame etc.

Display and Interpretation ==>

This indicator help to identify 4 major things:-

1. Area of order Buildup
2. Price Strength
3. Direction
4. Volatility

There is 1 dot in chart, This dot show accumulation or distribution price, Green / Red line shows market strength. Signal with 1-3-5-10-15-30-60-D shows active order position over time frame and 1 with Price Value like show area of momentum or volatility . Signal on higher the time frame , more strong momentum

Time frame ==> Use proper Signal with swing trend on 1 minute, 3 minute 5 minute, 15 minute time frame

What to Identify ==> Overall Trend for the intraday and swing Period

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
Release Notes: Update in Indicator Position
Release Notes: Update in value to .0 digit
Release Notes: Update in Levels
Release Notes: Update in Line Value
Release Notes: Update in Line Width
Release Notes: Update in Values
Release Notes: Update in Values
Release Notes: Update Values
Release Notes: Update Values
Release Notes: Update in Values
Release Notes: Updates
Release Notes: Updates
Release Notes: Update details
Release Notes: Update
Release Notes: Update
Release Notes: Update
Release Notes: Update
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.

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Regards
Trading Mind

Use the Below Contacts to Access this Indicator

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Comments

Dear sir,
I am unable to understand this tool please give time.
Reply
Very very very good indicator
Reply
TradingMind24 suprovat21071999
@suprovat21071999, Thank for the valuable feedback
Reply
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