Dear Followers, today I'm happy to share with you my Stops Hunting indicator. This indicators draws lines on important levels, where traders are supposed to set their own stop loss orders . As per default values you will see sellers (short) stoploss prices as red lines buyers (long) stoploss prices as green lines Market maker move prices towards...
Takes the length of the wicks on the tops and bottoms of each candle and plots them on their own to reduce the noise and to give an idea of whether the bulls or bears are being more insistent about direction. It also highlights the more aggressive wicks in black, which can be used to identify stop hunting if used in conjunction with support/resistance levels.
Phycologically traders tend to sell on lows and buy on highs. BullTrading Intraday StopHunt Indicator is designed to help you avoid such situations by monitoring the market for intraday trading setups. The indicator plots a "Fractal Envelope © " containing the most significant Support and Resistance levels for analysis and entry level selection. Trend filtering...