The ⚜️SMB Golden Rate⚜️ indicator is designed to automatically calculate key support and resistance levels across multiple timeframes and present them in a simple, user-friendly table. This tool helps traders make better trading decisions based on real-time market analysis.
Key Features Automatic Support and Resistance Calculation: Utilizes Heikin Ashi data to calculate support and resistance levels.
Multi-Timeframe Display: Displays daily (Daily), 4-hour (4H), and hourly (1H) support and resistance levels in a detailed table.
Interactive Table: Clearly organizes pivot levels (Pivot), supports, and resistances by timeframe.
Price Change Tracking: Shows percentage changes relative to the previous day's closing price.
Fibonacci Levels: Includes Fibonacci retracement levels to identify potential entry and exit points.
Customizable Timeframes: Allows customization of timeframes for Fibonacci and other components to suit different trading strategies.
This indicator is ideal for:
Day Traders: Identify key support and resistance levels for intraday trading. Swing Traders: Make better decisions around critical price ranges. Scalpers: Find quick entry and exit points effectively.
Adding the Indicator to Your Chart: Search for ⚜️SMB Golden Rate⚜️ in the "Indicators" section on TradingView and add it to your chart.
Support and Resistance Table:
Columns include values for Daily, 4H, and 1H timeframes. Levels R3, R2, and R1 indicate resistances, while S3, S2, and S1 indicate supports. Fibonacci Analysis: Fibonacci levels are displayed as colored lines:
Red: Dangerous Zone Orange: Confirmation Zone Green: Ideal Entry Levels Price Change Tracking: A table displays the percentage price change compared to the previous day’s close.
This indicator is crafted to assist traders in making precise trading decisions by focusing on real-time market analysis. With multi-timeframe support, pivot levels, and Fibonacci tools, the ⚜️SMB Golden Rate⚜️ provides deep insights into price movements, helping you trade with confidence.
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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