Dear Traders,
"You can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future." ~Steve Jobs
This quote from Steve Jobs, explains the very essence of this indicator.
Trading is Simple, Why make it complicated. ~ Ravi Chandran
The main motto building this Traders Hedge - Pro indicator is to equip retail traders with a multi purpose tool which in itself will act as a complete trading setup.
This indicator will help you in understanding the market structure and planning your possible entries & exits well in advance.
The indicator & setup is independent of time frames & will work for all trading instruments.
Traders Hedge - Pro Indicator with Alerts you can also set Alerts on your favourite scripts and time frames, to get notification when a Demand or a Supply Zone is created or any Price rejection is formed.
List of all the features is provided below.
1. Trade Type - A quick auto setup for Intraday or Swing trades
2. CPR - Identifies the market structure and helps to plan mean reversions trade setups
3. Weekly Support & Resistance - Automatically identifies and displays the higher time frame support & resistance levels
4. Price Action Triggers - Alert with a trigger symbol shown on the respective candle where a possible price reversal is expected
5. Targets - Plots the possible Major & Minor targets, which helps in planning our possible profit booking & stop loss zones
6. Developing Pivots - Plots the price mean reversion zones for the upcoming trading session
7. Supply & Demand Zones - Plots the demand and supply zones by changing the color of the candle
8. Dynamic Dz & Sz Price Tracking - It dynamically identifies and plots the support & resistance levels
9. Opening Range - Plots the identified opening range on the chart
10. PEMA - Helps in visualizing the trend and also acts as a dynamic support & resistance levels
To set Alerts follow the steps provided below.
1. Go to the symbol chart and select the time frame on which you want to set Alerts.
2. Select Alerts Tab and click on Create Alert, shortcut key Alt+A
3. In Condition Select the option “Price Rejection Alerts“ or “Zone Alerts“ for which you want the alerts to be shown
4. In Options, select Once Per Bar Close
5. Select expiry as per your preference or keep it open-ended
6. Select Alerts Actions as per your preference
7. Alert name is optional
8. Default message is “Price Rejection Alerts“ or “Zone Alert” and can be modified
9. Click on Create and in the warning window select Continue Anyway
How to get the indicator:
To know more about the indicator & to download please check the link in the signature below.
Once you have active alert, you will keep getting notification whenever a Price rejection or new Demand / Supply zone gets created in the identified symbol and time frame you have selected.
Please do feel free to use the indicator and give your valuable feed backs which will help me in optimizing it to a great extent.
I would love to thank each of the traders in this Trading View community in helping me improve on my trading skills.
Happy Trading!
"You can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future." ~Steve Jobs
This quote from Steve Jobs, explains the very essence of this indicator.
Trading is Simple, Why make it complicated. ~ Ravi Chandran
The main motto building this Traders Hedge - Pro indicator is to equip retail traders with a multi purpose tool which in itself will act as a complete trading setup.
This indicator will help you in understanding the market structure and planning your possible entries & exits well in advance.
The indicator & setup is independent of time frames & will work for all trading instruments.
Traders Hedge - Pro Indicator with Alerts you can also set Alerts on your favourite scripts and time frames, to get notification when a Demand or a Supply Zone is created or any Price rejection is formed.
List of all the features is provided below.
1. Trade Type - A quick auto setup for Intraday or Swing trades
2. CPR - Identifies the market structure and helps to plan mean reversions trade setups
3. Weekly Support & Resistance - Automatically identifies and displays the higher time frame support & resistance levels
4. Price Action Triggers - Alert with a trigger symbol shown on the respective candle where a possible price reversal is expected
5. Targets - Plots the possible Major & Minor targets, which helps in planning our possible profit booking & stop loss zones
6. Developing Pivots - Plots the price mean reversion zones for the upcoming trading session
7. Supply & Demand Zones - Plots the demand and supply zones by changing the color of the candle
8. Dynamic Dz & Sz Price Tracking - It dynamically identifies and plots the support & resistance levels
9. Opening Range - Plots the identified opening range on the chart
10. PEMA - Helps in visualizing the trend and also acts as a dynamic support & resistance levels
To set Alerts follow the steps provided below.
1. Go to the symbol chart and select the time frame on which you want to set Alerts.
2. Select Alerts Tab and click on Create Alert, shortcut key Alt+A
3. In Condition Select the option “Price Rejection Alerts“ or “Zone Alerts“ for which you want the alerts to be shown
4. In Options, select Once Per Bar Close
5. Select expiry as per your preference or keep it open-ended
6. Select Alerts Actions as per your preference
7. Alert name is optional
8. Default message is “Price Rejection Alerts“ or “Zone Alert” and can be modified
9. Click on Create and in the warning window select Continue Anyway
How to get the indicator:
To know more about the indicator & to download please check the link in the signature below.
Once you have active alert, you will keep getting notification whenever a Price rejection or new Demand / Supply zone gets created in the identified symbol and time frame you have selected.
Please do feel free to use the indicator and give your valuable feed backs which will help me in optimizing it to a great extent.
I would love to thank each of the traders in this Trading View community in helping me improve on my trading skills.
Happy Trading!
הערות שחרור:
Updated Historic Values & Zig-Zag
הערות שחרור:
Updates
- Shortened the Indicator short name
- Updated Zig-Zag
- Shortened the Indicator short name
- Updated Zig-Zag
הערות שחרור:
Updated - Color coded lines name with Price which is mapped to it for better understanding.
Removed - Trend line as it is resource intensive.
Removed - Trend line as it is resource intensive.
הערות שחרור:
Features Newly Added
- Automatically calculates the levels for any time frame
- Automatic trade plan for any instrument describing the key vitals and possible targets
- Updated possible entry , exits & stop loss zones
- Introduced long & short entry triggers for assisting during trade entries
- Customized the labels to show the zones along with the prices on the chart
- Show the next days trade plan along with the levels
- Introduced VWAP for all time frames
- Automatically calculates the levels for any time frame
- Automatic trade plan for any instrument describing the key vitals and possible targets
- Updated possible entry , exits & stop loss zones
- Introduced long & short entry triggers for assisting during trade entries
- Customized the labels to show the zones along with the prices on the chart
- Show the next days trade plan along with the levels
- Introduced VWAP for all time frames
הערות שחרור:
Fixed - Bugs
הערות שחרור:
Optimized the dashboard functionality
הערות שחרור:
Bug Fixed
הערות שחרור:
PEMA updated.
הערות שחרור:
Fixed - minor bugs
הערות שחרור:
Updated - Optimized Future Pivots calculations.
הערות שחרור:
Optimized the supply demand formation zones.
הערות שחרור:
Updated Standard Pivot R1 & S1 pivot levels.
הערות שחרור:
Updated the charts with R1, S1, Previous Close prices along with their labels.
הערות שחרור:
Optimized the Dashboard to show the degree of Bullishness & Bearishness.
הערות שחרור:
Updated the Supply Demand Zone
הערות שחרור:
Bug Fixing
הערות שחרור:
Introduced Momentum Trigger
It shows a diamond symbol when ever you see a change in momentum.
It shows a diamond symbol when ever you see a change in momentum.
הערות שחרור:
Show only relevant levels, the indicator has now intelligence to show only the levels in the direction of the trend. By default it is set to false.
הערות שחרור:
Updates
- Advanced Price Action Triggers
- Option to plot Monthly & Weekly high , low & close key prices
- Advanced Price Action Triggers
- Option to plot Monthly & Weekly high , low & close key prices
הערות שחרור:
Update:
- Upgraded to Version 5 of Pine Script
- Enhanced Supply & Demand Zones
- Upgraded to Version 5 of Pine Script
- Enhanced Supply & Demand Zones
הערות שחרור:
Optimized S & D for Higher Time frame.
הערות שחרור:
Provided options to customize support & resistance Zones, order block , Optimized the Next day pivots
הערות שחרור:
- Introduced option to change color of supply & demand candles .
- Some Bug fixing
- Some Bug fixing
הערות שחרור:
Added new pivot resolution of 134 minutes.
הערות שחרור:
Bug Fixing.
הערות שחרור:
Optimized momentum triggers for more safer & accurate notifications.
הערות שחרור:
Optimized the indicator to show possible buying & selling entry opportunities.
It now shows 'B" for BUY & "S" for SELL
It now shows 'B" for BUY & "S" for SELL
הערות שחרור:
Introduced option to view historic buy / sell triggers for back testing.
הערות שחרור:
- Introduced auto setup for Intraday / Swing / Positional / Investment
- Introduced Intermediate Support & Resistance Zones
- Updated Price actions triggers along with option to view historic triggers
- Optimized Buy / Sell Triggers
- Introduced Intermediate Support & Resistance Zones
- Updated Price actions triggers along with option to view historic triggers
- Optimized Buy / Sell Triggers
הערות שחרור:
Intraday Sectional CPR
Trending candle colors
Trending candle colors
הערות שחרור:
Minor Bug Fixing
הערות שחרור:
Optimized the CPR levels to dynamically update based on session opening.
הערות שחרור:
- Version 3.0
- Introduced Version number for Indicator for tracking
- Buy / Sell Triggers updated for early and more confirmed entry & exits
- Introducing Micro Swing trading setup
- Introducing Commodity / Forex / Bit Coin trading setup
- Previous Price Action triggers are now made easy with easy Buy / Sell triggers
- Optimized CPR , R1 & S1 levels
- Introduced Version number for Indicator for tracking
- Buy / Sell Triggers updated for early and more confirmed entry & exits
- Introducing Micro Swing trading setup
- Introducing Commodity / Forex / Bit Coin trading setup
- Previous Price Action triggers are now made easy with easy Buy / Sell triggers
- Optimized CPR , R1 & S1 levels
הערות שחרור:
Version 3.1
- Fix UI bugs
- Fix UI bugs
הערות שחרור:
- Optimised Trend following feature in the indicator
- Optimised Buy / Sell Triggers with Conservative Trades Only feature , which shows safe trade triggers only
- Optimised Buy / Sell Triggers with Conservative Trades Only feature , which shows safe trade triggers only
הערות שחרור:
- Show Historic Trending line
הערות שחרור:
- Version 3.3
- You can now set auto Buy / Sell alerts for all scripts
- You can now set auto Buy / Sell alerts for all scripts
הערות שחרור:
Fixed minor bugs
הערות שחרור:
Version 4.0
- Display CPR Relationship
- Display Camarilla Relationship
- Display Trend Strength
- Volatality based Targets using ADR method
- Display Key values for multi time frames
- Multi time frame trend table in dashboard format
- Key price levels in dashboard format
- Display Session range band
- PEMA band
- Plot Opening range breakout
- Introduced Analysis and AI mode
- Updated scalping mode
- Opening analysis update in dashboard
- AI mode - Auto calculates institutional foot prints (Beta)
- Display CPR Relationship
- Display Camarilla Relationship
- Display Trend Strength
- Volatality based Targets using ADR method
- Display Key values for multi time frames
- Multi time frame trend table in dashboard format
- Key price levels in dashboard format
- Display Session range band
- PEMA band
- Plot Opening range breakout
- Introduced Analysis and AI mode
- Updated scalping mode
- Opening analysis update in dashboard
- AI mode - Auto calculates institutional foot prints (Beta)
הערות שחרור:
Version 4.1
- Plots the weekly pivots based on weekly expiry day
- Dashboard data text color change
- Show only last period functionality bug fixed
- Plots the weekly pivots based on weekly expiry day
- Dashboard data text color change
- Show only last period functionality bug fixed
הערות שחרור:
- Optimized Next Day pivot levels
הערות שחרור:
Optimized Weekly Expiry Pivots
הערות שחרור:
Version 4.2
- Improved the trend line features which we can now consider for possible trend direction and used for making more accurate entry & for trailing our stop loss.
- Improved the trend line features which we can now consider for possible trend direction and used for making more accurate entry & for trailing our stop loss.
הערות שחרור:
Version 4.3
- Introduced Higher Time Frame CPR & Session Ranges for accurate analysis in entry & exits
- Trend Reversal Triggers
- Introduced Higher Time Frame CPR & Session Ranges for accurate analysis in entry & exits
- Trend Reversal Triggers
הערות שחרור:
Version 4.4
- Optimized Key Value zones, AI mode is upgraded with more accurate levels.
- Optimized Key Value zones, AI mode is upgraded with more accurate levels.