Hachemi Autonomous Charts V2Indicator Script Description:
This indicator is designed to help identify trading opportunities by combining several technical analysis tools. Here are the main features included:
Order Block: The indicator detects order block zones, where significant levels of supply and demand have formed. These can signal potential market reversal points.
Support and Resistance: The indicator automatically plots key support and resistance levels based on price history, providing reference points for areas where price may bounce or break.
Fair Value Gap (FVG): The indicator identifies and highlights gaps between supply and demand on the charts, pointing out areas where the price might return to fill this gap.
Moving Average (MA): A moving average is used to track market trends, helping to determine whether the market is in a bullish or bearish trend.
MACD (Moving Average Convergence Divergence): A popular momentum indicator used to spot changes in the strength, direction, duration, and trend of the price.
RSI (Relative Strength Index): The RSI indicator measures the speed and change of price movements, helping to identify overbought or oversold conditions.
Volume Profile: This feature analyzes the volume distribution at various price levels, providing key insights into areas of high activity and potential support or resistance.
Fibonacci: The indicator plots Fibonacci retracement and extension levels, which are used to predict potential reversal zones based on Fibonacci ratios.
The goal of this indicator is to provide a comprehensive market overview by combining multiple analysis techniques to identify the most likely entry and exit points for a successful trading strategy.
