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)
Pb_fx, Thank you. I used to follow Laura's Roadmap for FX, now I use it on the M01 & M05 timeframes for US S&P futures. I want to discontinue relying on MT4 charts & move over to TV. Anton
Chroniclez
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Thanks for the great indicator. Do you think this is suitable for BTCUSD?