OPEN-SOURCE SCRIPT
Hachemi Autonomous Charts V2
Indicator Script Description:
This indicator is designed to help identify trading opportunities by combining several technical analysis tools. Here are the main features included:
Order Block: The indicator detects order block zones, where significant levels of supply and demand have formed. These can signal potential market reversal points.
Support and Resistance: The indicator automatically plots key support and resistance levels based on price history, providing reference points for areas where price may bounce or break.
Fair Value Gap (FVG): The indicator identifies and highlights gaps between supply and demand on the charts, pointing out areas where the price might return to fill this gap.
Moving Average (MA): A moving average is used to track market trends, helping to determine whether the market is in a bullish or bearish trend.
MACD (Moving Average Convergence Divergence): A popular momentum indicator used to spot changes in the strength, direction, duration, and trend of the price.
RSI (Relative Strength Index): The RSI indicator measures the speed and change of price movements, helping to identify overbought or oversold conditions.
Volume Profile: This feature analyzes the volume distribution at various price levels, providing key insights into areas of high activity and potential support or resistance.
Fibonacci: The indicator plots Fibonacci retracement and extension levels, which are used to predict potential reversal zones based on Fibonacci ratios.
The goal of this indicator is to provide a comprehensive market overview by combining multiple analysis techniques to identify the most likely entry and exit points for a successful trading strategy.
This indicator is designed to help identify trading opportunities by combining several technical analysis tools. Here are the main features included:
Order Block: The indicator detects order block zones, where significant levels of supply and demand have formed. These can signal potential market reversal points.
Support and Resistance: The indicator automatically plots key support and resistance levels based on price history, providing reference points for areas where price may bounce or break.
Fair Value Gap (FVG): The indicator identifies and highlights gaps between supply and demand on the charts, pointing out areas where the price might return to fill this gap.
Moving Average (MA): A moving average is used to track market trends, helping to determine whether the market is in a bullish or bearish trend.
MACD (Moving Average Convergence Divergence): A popular momentum indicator used to spot changes in the strength, direction, duration, and trend of the price.
RSI (Relative Strength Index): The RSI indicator measures the speed and change of price movements, helping to identify overbought or oversold conditions.
Volume Profile: This feature analyzes the volume distribution at various price levels, providing key insights into areas of high activity and potential support or resistance.
Fibonacci: The indicator plots Fibonacci retracement and extension levels, which are used to predict potential reversal zones based on Fibonacci ratios.
The goal of this indicator is to provide a comprehensive market overview by combining multiple analysis techniques to identify the most likely entry and exit points for a successful trading strategy.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.