petteuk

pbfx_RoadMap

FEATURES:
- 200-Period Simple Moving Average the pillar of this setup where dictates trend movement;
- 8-Period High/Low Channel EMA following the price close for fast changing in trade direction;
- 14-Period ADR High/Low with reactive lines that signals when price has exceeded the ADR limit;
- Previous Day High/Low levels which serves as Support/Resistance;
- Daily Open line plot on the chart where price sometimes try to go back to before changing direction;

EXTRAS:
- 55-Period High/Low 2nd Channel EMA which could be used exit reference or ensuring trend continuity;
- High-Timeframe 200-Period SMA, this feature is NOT part of the original method but is a handy tool to maintain track of 200MA in Higher Timeframe
- Trading Session Highlight, this is defaulted at London/New York sessions (can be edited) to make a better visual representation of when the best volatile hours are in play (this is not a calculation of volatility, is just the time of day based on market availability)
Script protégé
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