Thought it would be interesting to look into psychological barriers (round numbers) denominated in foreign currencies and see where those barriers show up on a USD chart.
I did a couple of quick and superficial Internet searches to get an idea of which USD pairs are being used the most to trade Bitcoin. My conclusion is that the most relevant currencies are the...
Overlays the Average True Range high/low over Price. Shifts between support and resistance levels (based on ATR-21) according to price trend and breaks.
Average true range: en.wikipedia.org
Here is the code of twr indicator
I'v already posted a idea about this indicator. You guys can make this chart more complete if you want.
Complete indicator is just fixed the color align in some price pattern.
The rule is hard to write for me but we have simple version here. :)
Read more about tower line:
This is an overlay indicator for EMA in various timeframe (1h-4h-12h-1D), backtesting is needed and I am not responsible for any miscalculation done by the code.
Current GUI is in Vietnamese but I think you guys will understand what it says.
Show the Daily and Weekly Open, High, Low, and Mid Levels as well as the market hours for Europe, Asia and the US. Times are set for New York time zones but can be adjusted to whatever your timezone is.
Like market profile VPOC, the Virgin Open_is_Low (VOL) is a Point of Control below which price has not closed in past.
Once price closes below VOL the indicator would not paint further.
This indicator will act as Support and Resistance.
This Pine script creates a currency correlation graph with 6 correlations in a separate window below the main chart.
The indicator supports the following 8 currencies: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD
Correlations can be selected to be either related to the base or the counter currency (default is base). The length of the correlation can be chosen (default...