Trade Range Indicator Advanced - AltSumo.com [PREMIUM]
Need multiple timeframe support/resistance lines? We got you covered! Ideal for automatically updating trade ranges on a hourly, daily, weekly or monthly timeframe . Just choose the desired range timeframes and the indicator will add the the ranges on the chart.
Each timeframe can be adjusted to your own settings. Suited for scalping and even swingtrading, adjusted within seconds!
You can combine multiple timeframes within one chart, including the correct support/resistance values. Make your life easier with this advanced Trade Range Indicator.
##### EXAMPLE SETTING ##### 5min chart with Daily Timeframe and a 6hr Timeframe as base range.
##### TIMEFRAME 1 - 6hr timeframe ##### ## Current 6hr Candle - Pink line = Open of the current 6hr - Grey Top line = High of current 6hr - Grey Bottom line = Low of current 6hr
## Previous 6hr Candle - Orange Top line = High of the previous 6hr - Orange Bottom line = Low of the previous 6hr
##### TIMEFRAME 2 - Daily timeframe ##### ## Current Daily Candle - Purple line = Open of the current daily
## Previous Daily Candle - Blue Top line = High of the previous daily - Blue Bottom line = Low of the previous daily
## Areas around the lines For each line you can set an %, which will be shown as an background color. The indicator can be set to send an alert when price falls into this range. You will never miss an nice trade opportunity again.
## Moving Averages You can set three moving averages to be added to your chart. With the moving averages you can easily see the direction of the trend. It's even possible to get an alert when an crossover happens. Don't miss out on a trade opportunity ever again!