PROTECTED SOURCE SCRIPT
MG Support Resistance barriers with Gann and Moving Avg V1
Aktualisiert
This script has multiple indicators:-
1. It uses past 3 days highs and lows to prediction critical support and resistance zones. - the zone is Green and red are the areas where one can observe that retrace happens and ones there is a breakout then gone up or down.
2. It also has a Gann line which gives a trend signal
3. Based on Moving averages it optionally plots the high low channel (haven't seen much use of it for most stocks I tried so far.
4. It also have EMA fast and slow to show the additional trend
5. Also can plot alligator trend. gives a good trend for FX trading at 2 or 3 mins intervals.
This is version 1 based on many existing scripts combined in 1 with some improvements.
1. It uses past 3 days highs and lows to prediction critical support and resistance zones. - the zone is Green and red are the areas where one can observe that retrace happens and ones there is a breakout then gone up or down.
2. It also has a Gann line which gives a trend signal
3. Based on Moving averages it optionally plots the high low channel (haven't seen much use of it for most stocks I tried so far.
4. It also have EMA fast and slow to show the additional trend
5. Also can plot alligator trend. gives a good trend for FX trading at 2 or 3 mins intervals.
This is version 1 based on many existing scripts combined in 1 with some improvements.
Versionshinweise
added many more inddicators.
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