This is a simple end of the day indicator based on open and close values.
Angles: Identifying narrow angles helps to find breakouts Maximum angle = High chance of reversal Minimum angle = Chance of breakouts on the next day or upcoming days.
Price Flow: I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using rounding bottoms and rounding top patterns, sharp corners for reversals.
Features: Multi time frame Labels Hide previous period
Combine it with other indicators for better result.
can you pls provide your cell no pls or mail id for contact ....?
kamlesh512
⋅
I need to check how the price move till end of Jan , it would follow same pattern like tata Steel in jan 2021
kamlesh512
⋅
You will see ITC daily tf on 3 Jan 2022 candle indicate upward moves on any tf the date remain same.
kamlesh512
⋅
Dear sir, I just used all settings with different optional setting even tried two same indicator. One I choose price flow n other on angle. Longer periods variable with different time frame. I found key candle shows upward angle ( directional ) n sequential candle followed in direction. I found it works on every timeframe even less than day close. I request you to add price flow line color selection , thickness also color options for dotted line I seen on chart. I like to share the chart I found good results but I am not aware to share it. Intelligent works like you gann indicator. Thank lot for such work for community.
yesh76
⋅
It will be good if you show to also calculate the slope/angle.
Because for very minimal inclination, the values of slope/angle will help to differentiate and decide trade priorities between two different assets/stocks.
Arun_K_Bhaskar
⋅
Please note: This indicator is for after market hours for stock selection purpose only. It won't work in live market. I am refining the script. Once it is completed, I will make a write up on how I use it for stock selection and spotting the top gainer or loser of the day in advance and to select stocks for swing trading.
castifao
⋅
Sounds like a great idea, but not working with me, nothing on the chart :-/