A Dynamic Support and Resistance indicator automatically identifies and adjusts key support and resistance levels in real-time based on price action and market trends. Unlike static levels, which remain fixed, dynamic levels move with the market, adapting to changing conditions. Key Features: Support Levels: These are zones where the price tends to stop falling...
A Dynamic Support and Resistance indicator automatically identifies and adjusts key support and resistance levels in real-time based on price action and market trends. Unlike static levels, which remain fixed, dynamic levels move with the market, adapting to changing conditions. Key Features: Support Levels: These are zones where the price tends to stop falling...
The initial Pine Script indicator, "Volume Spikes - EMA", detects and highlights candles where the trading volume exceeds a specified threshold relative to the EMA (Exponential Moving Average) of the volume. Key features include: A volume multiplier (default: 2.5x) that determines when a volume spike is significant by comparing the current volume to the volume...
Volume Spikes - Session", highlights candles based on volume spikes relative to a volume EMA (Exponential Moving Average). The script applies different multipliers to detect volume spikes during specific trading sessions: London Session (12:00 AM to 9:00 AM PT) uses a multiplier of 2.5x. New York-London Overlap (5:00 AM to 9:00 AM PT) uses a multiplier of...