PROTECTED SOURCE SCRIPT
Updated MG Support Resistance barriers with Gann and Moving Avg V1
This script has multiple indicators:-
1. It uses past 3 days highs and lows to prediction critical support and resistance zones. - the zone is Green and red are the areas where one can observe that retrace happens and ones there is a breakout then gone up or down.
2. It also has a Gann line which gives a trend signal
3. Based on Moving averages it optionally plots the high low channel (haven't seen much use of it for most stocks I tried so far.
4. It also have EMA fast and slow to show the additional trend
5. Also can plot alligator trend. gives a good trend for FX trading at 2 or 3 mins intervals.
This is version 1 based on many existing scripts combined in 1 with some improvements.
1. It uses past 3 days highs and lows to prediction critical support and resistance zones. - the zone is Green and red are the areas where one can observe that retrace happens and ones there is a breakout then gone up or down.
2. It also has a Gann line which gives a trend signal
3. Based on Moving averages it optionally plots the high low channel (haven't seen much use of it for most stocks I tried so far.
4. It also have EMA fast and slow to show the additional trend
5. Also can plot alligator trend. gives a good trend for FX trading at 2 or 3 mins intervals.
This is version 1 based on many existing scripts combined in 1 with some improvements.
Release Notes
added many more inddicators.Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.