Support/Resistance wi Heavy Trading

May 6, 2022

Hello, my friends. This is a new version of the support/resistance indicator based on heavy tradings, which can help you find key price regions.

(1) Indicator description

• This is a more robust support/resistance indicator than "Support/Resistance DBSCAN";
  
• Typically, the starting point of the upswing/ downswing can act as a more robust support/resistance when heaving trading appears;
  
• Support sending alerts when appearing, touching, and breaking a support/resistance regions;
  
• Support sending alerts when Pinbar patterns appear at support/resistance regions;
  
• The indicator applies to most cryptocurrency markets and timeframes but does not apply to the markets without volume indicators such as the NASDAQ;
  

(2) Key parameters
- Support/Resistance Clustering

• Heavy Trading Statistic Length: The statistic length to identify heavy tradings
  
• Min Heavy Trading Threshold: Minimum multiple of heavy tradings compared to the average value
  - Support/Resistance Regions
  
• Max of Lookback Forward: The maximum number of historical K-lines
  
• Confirm Sup./Res. is Disabled: Delay N klines to confirm if the support/resistance region is disabled
  

(3) Definitions

• PB-X: A pinbar pattern that consists of X klines has appeared. X is less equal than 3.
  

Happy trading, and enjoy your life!

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各位朋友大家好，这是一个基于放量交易的支撑压力指标，可以更好地辅助你寻找关键的价格点位

(1) 指标说明

• 这是一个比 Support/Resistance DBSCAN 更加稳健的支撑/压力指标；
  
• 通常，当出现放量上涨或者放量下跌时，其上涨/下跌的起点都可以起到比较强烈的支撑/压力作用；
  
• 支持在出现、触摸和破坏支撑/阻力时发送警报;
  
• 支持在支撑/阻力区域出现 Pinbar 形态时发送警报;
  
• 该指标适用于所有的加密货币市场和时间周期，但是并不适用于纳斯达克等没有成交量指标的市场；
  

(2) 关键参数
- Heavy Tradings

• Heavy Trading Statistic Length: 用于识别放量交易的统计长度
  
• Min Heavy Trading Threshold: 放量交易相较于平均值的最小倍数
  - Support/Resistance Regions
  
• Max of Lookback Forward: 回顾历史 Kline 的最大数量
  
• Confirm Sup./Res. is Disabled: 等待 N 根 Kline 确认支撑/压力是否已失效
  

(3) 名词解释

• PB-X: X 根 Kline 组合成为一根 Pinbar 形态，X 不超过3
  

祝大家交易愉快