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DWM Opens

Description

High time frame opens refers to key levels relative to the opening of bars at high timeframes. The timeframes of Monthly open, Weekly open, and Daily open are often retested and become key levels where price will come to and react with consistently. By ticking this function on in the menu of the indicator you can have them shown on any timeframe that you are trading on.

How to use

The Daily, Weekly, and Monthly opens are key levels that show where price opened at these levels. The psychology behind this is that traders cover, alter and open new positions. Order swapping occurs and unfilled orders are often left behind. An unfilled order is an order left unfilled around a price region from traders who were unable to realise their desired fill price. However, this by no means guarantees a level will hold; it’s impossible to decipher whether an area garnered sufficient interest in the past to justify a rebound. You could argue this would be similar psychological form observed at notable support and resistance levels. The best way to use these levels is as convergence points, so when they coincide with key support and resistance levels, trendlines, and with the “Auto Fibs”.

Settings

"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?"

Indicator Settings

Style Settings

Hull

The Hull (Hull Moving Average) is a directional trend indicator. It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historical data. Developed by Alan Hull, it is an extremely fast and smooth-moving average that we will refer to as the Hull Band. In fact, the Hull almost eliminates lag altogether and manages to improve smoothing at the same time. Generally speaking, the Hull is used with values between 9 and 18. The lower the value the tighter and more choppy the Hull Band becomes. Conversely, the greater the value the more smooth and less choppy the Hull Band becomes. 

Signal Settings

Style Settings

MAs

The MAs or Moving Averages are Simple Moving Averages (SMAs) that are toggled at different lengths to help guide signals fired by the Hull. The 2 moving averages work on crossing values. So for example, if you have a Fast SMA of 5 and a Slow MA of 8, a signal will fire when they cross and in relation to the Hull as well as any other inputs you have used to generate signals. We recommend using no more than a value of 12 for the Fast SMA length and no more than a value of 26 for the Slow SMA Length. The closer and lower the signal values are the faster the signals will fire and the further the values are and higher the number the more sparse the values will fire. Generally speaking, the default settings are around 5 for the Fast SMA and 8 for the Slow SMA.

Signal Settings

Style Settings

ADX

ADX stands for Average Directional Movement Index and can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values. Although the Core Signals Indicator has rather low values for the ADX, they can be greatly increased to only fire signals when the Price Action is trending. The ADX acts to smooth the signals and prevent chop by cancelling out signals that are not trending.

Signal Settings

Style Settings

OCC-TSI

OCC is also known as the Open Close Cross indicator is a multipurpose moving average cross indicator that is primarily designed for swing margin trading and scalping cryptocurrencies but can be adapted to a multitude of high volatility assets. This is combined with the TSI also known as the True Strength Indicator. These come with preset values that use Moving Average crossing values combined with our own calculation of the True Strength Indicator. This is used primarily either in combination with the HULL or as a stand-alone calculation to use for Scalping and other fast Price Action trading strategies.

Signal Settings

Style Settings

OCC-TSI

OCC is also known as the Open Close Cross indicator is a multipurpose moving average cross indicator that is primarily designed for swing margin trading and scalping cryptocurrencies but can be adapted to a multitude of high volatility assets. This is combined with the TSI also known as the True Strength Indicator. These come with preset values that use Moving Average crossing values combined with our own calculation of the True Strength Indicator. This is used primarily either in combination with the HULL or as a stand-alone calculation to use for Scalping and other fast Price Action trading strategies.

Signal Settings

Style Settings

Hull

The Hull (Hull Moving Average) is a directional trend indicator. It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historical data. Developed by Alan Hull, it is an extremely fast and smooth-moving average that we will refer to as the Hull Band. In fact, the Hull almost eliminates lag altogether and manages to improve smoothing at the same time. Generally speaking, the Hull is used with values between 9 and 18. The lower the value the tighter and more choppy the Hull Band becomes. Conversely, the greater the value the more smooth and less choppy the Hull Band becomes. 

Signal Settings

Style Settings

MAs

The MAs or Moving Averages are Simple Moving Averages (SMAs) that are toggled at different lengths to help guide signals fired by the Hull. The 2 moving averages work on crossing values. So for example, if you have a Fast SMA of 5 and a Slow MA of 8, a signal will fire when they cross and in relation to the Hull as well as any other inputs you have used to generate signals. We recommend using no more than a value of 12 for the Fast SMA length and no more than a value of 26 for the Slow SMA Length. The closer and lower the signal values are the faster the signals will fire and the further the values are and higher the number the more sparse the values will fire. Generally speaking, the default settings are around 5 for the Fast SMA and 8 for the Slow SMA.

Signal Settings

Style Settings

ADX

ADX stands for Average Directional Movement Index and can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values. Although the Core Signals Indicator has rather low values for the ADX, they can be greatly increased to only fire signals when the Price Action is trending. The ADX acts to smooth the signals and prevent chop by cancelling out signals that are not trending.

Signal Settings

Style Settings

OCC-TSI

OCC is also known as the Open Close Cross indicator is a multipurpose moving average cross indicator that is primarily designed for swing margin trading and scalping cryptocurrencies but can be adapted to a multitude of high volatility assets. This is combined with the TSI also known as the True Strength Indicator. These come with preset values that use Moving Average crossing values combined with our own calculation of the True Strength Indicator. This is used primarily either in combination with the HULL or as a stand-alone calculation to use for Scalping and other fast Price Action trading strategies.

Signal Settings

Style Settings

Hull

The Hull (Hull Moving Average) is a directional trend indicator. It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historical data. Developed by Alan Hull, it is an extremely fast and smooth-moving average that we will refer to as the Hull Band. In fact, the Hull almost eliminates lag altogether and manages to improve smoothing at the same time. Generally speaking, the Hull is used with values between 9 and 18. The lower the value the tighter and more choppy the Hull Band becomes. Conversely, the greater the value the more smooth and less choppy the Hull Band becomes. 

Signal Settings

Style Settings

MAs

The MAs or Moving Averages are Simple Moving Averages (SMAs) that are toggled at different lengths to help guide signals fired by the Hull. The 2 moving averages work on crossing values. So for example, if you have a Fast SMA of 5 and a Slow MA of 8, a signal will fire when they cross and in relation to the Hull as well as any other inputs you have used to generate signals. We recommend using no more than a value of 12 for the Fast SMA length and no more than a value of 26 for the Slow SMA Length. The closer and lower the signal values are the faster the signals will fire and the further the values are and higher the number the more sparse the values will fire. Generally speaking, the default settings are around 5 for the Fast SMA and 8 for the Slow SMA.

Signal Settings

Style Settings

ADX

ADX stands for Average Directional Movement Index and can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values. Although the Core Signals Indicator has rather low values for the ADX, they can be greatly increased to only fire signals when the Price Action is trending. The ADX acts to smooth the signals and prevent chop by cancelling out signals that are not trending.

Signal Settings

Style Settings

OCC-TSI

OCC is also known as the Open Close Cross indicator is a multipurpose moving average cross indicator that is primarily designed for swing margin trading and scalping cryptocurrencies but can be adapted to a multitude of high volatility assets. This is combined with the TSI also known as the True Strength Indicator. These come with preset values that use Moving Average crossing values combined with our own calculation of the True Strength Indicator. This is used primarily either in combination with the HULL or as a stand-alone calculation to use for Scalping and other fast Price Action trading strategies.

Signal Settings

Style Settings

DWM Opens

Description

High time frame opens refers to key levels relative to the opening of bars at high timeframes. The timeframes of Monthly open, Weekly open, and Daily open are often retested and become key levels where price will come to and react with consistently. By ticking this function on in the menu of the indicator you can have them shown on any timeframe that you are trading on.

How to use

The Daily, Weekly, and Monthly opens are key levels that show where price opened at these levels. The psychology behind this is that traders cover, alter and open new positions. Order swapping occurs and unfilled orders are often left behind. An unfilled order is an order left unfilled around a price region from traders who were unable to realise their desired fill price. However, this by no means guarantees a level will hold; it’s impossible to decipher whether an area garnered sufficient interest in the past to justify a rebound. You could argue this would be similar psychological form observed at notable support and resistance levels. The best way to use these levels is as convergence points, so when they coincide with key support and resistance levels, trendlines, and with the “Auto Fibs”.

How to Add an Alert

Hull

The Hull (Hull Moving Average) is a directional trend indicator. It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historical data. Developed by Alan Hull, it is an extremely fast and smooth-moving average that we will refer to as the Hull Band. In fact, the Hull almost eliminates lag altogether and manages to improve smoothing at the same time. Generally speaking, the Hull is used with values between 9 and 18. The lower the value the tighter and more choppy the Hull Band becomes. Conversely, the greater the value the more smooth and less choppy the Hull Band becomes. 

Signal Settings

Style Settings

MAs

The MAs or Moving Averages are Simple Moving Averages (SMAs) that are toggled at different lengths to help guide signals fired by the Hull. The 2 moving averages work on crossing values. So for example, if you have a Fast SMA of 5 and a Slow MA of 8, a signal will fire when they cross and in relation to the Hull as well as any other inputs you have used to generate signals. We recommend using no more than a value of 12 for the Fast SMA length and no more than a value of 26 for the Slow SMA Length. The closer and lower the signal values are the faster the signals will fire and the further the values are and higher the number the more sparse the values will fire. Generally speaking, the default settings are around 5 for the Fast SMA and 8 for the Slow SMA.

Signal Settings

Style Settings

ADX

ADX stands for Average Directional Movement Index and can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values. Although the Core Signals Indicator has rather low values for the ADX, they can be greatly increased to only fire signals when the Price Action is trending. The ADX acts to smooth the signals and prevent chop by cancelling out signals that are not trending.

Signal Settings

Style Settings

OCC-TSI

OCC is also known as the Open Close Cross indicator is a multipurpose moving average cross indicator that is primarily designed for swing margin trading and scalping cryptocurrencies but can be adapted to a multitude of high volatility assets. This is combined with the TSI also known as the True Strength Indicator. These come with preset values that use Moving Average crossing values combined with our own calculation of the True Strength Indicator. This is used primarily either in combination with the HULL or as a stand-alone calculation to use for Scalping and other fast Price Action trading strategies.

Signal Settings

Style Settings

OCC-TSI

OCC is also known as the Open Close Cross indicator is a multipurpose moving average cross indicator that is primarily designed for swing margin trading and scalping cryptocurrencies but can be adapted to a multitude of high volatility assets. This is combined with the TSI also known as the True Strength Indicator. These come with preset values that use Moving Average crossing values combined with our own calculation of the True Strength Indicator. This is used primarily either in combination with the HULL or as a stand-alone calculation to use for Scalping and other fast Price Action trading strategies.

Signal Settings

Style Settings

Hull

The Hull (Hull Moving Average) is a directional trend indicator. It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historical data. Developed by Alan Hull, it is an extremely fast and smooth-moving average that we will refer to as the Hull Band. In fact, the Hull almost eliminates lag altogether and manages to improve smoothing at the same time. Generally speaking, the Hull is used with values between 9 and 18. The lower the value the tighter and more choppy the Hull Band becomes. Conversely, the greater the value the more smooth and less choppy the Hull Band becomes. 

Signal Settings

Style Settings

MAs

The MAs or Moving Averages are Simple Moving Averages (SMAs) that are toggled at different lengths to help guide signals fired by the Hull. The 2 moving averages work on crossing values. So for example, if you have a Fast SMA of 5 and a Slow MA of 8, a signal will fire when they cross and in relation to the Hull as well as any other inputs you have used to generate signals. We recommend using no more than a value of 12 for the Fast SMA length and no more than a value of 26 for the Slow SMA Length. The closer and lower the signal values are the faster the signals will fire and the further the values are and higher the number the more sparse the values will fire. Generally speaking, the default settings are around 5 for the Fast SMA and 8 for the Slow SMA.

Signal Settings

Style Settings

ADX

ADX stands for Average Directional Movement Index and can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values. Although the Core Signals Indicator has rather low values for the ADX, they can be greatly increased to only fire signals when the Price Action is trending. The ADX acts to smooth the signals and prevent chop by cancelling out signals that are not trending.

Signal Settings

Style Settings

OCC-TSI

OCC is also known as the Open Close Cross indicator is a multipurpose moving average cross indicator that is primarily designed for swing margin trading and scalping cryptocurrencies but can be adapted to a multitude of high volatility assets. This is combined with the TSI also known as the True Strength Indicator. These come with preset values that use Moving Average crossing values combined with our own calculation of the True Strength Indicator. This is used primarily either in combination with the HULL or as a stand-alone calculation to use for Scalping and other fast Price Action trading strategies.

Signal Settings

Style Settings

Hull

The Hull (Hull Moving Average) is a directional trend indicator. It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historical data. Developed by Alan Hull, it is an extremely fast and smooth-moving average that we will refer to as the Hull Band. In fact, the Hull almost eliminates lag altogether and manages to improve smoothing at the same time. Generally speaking, the Hull is used with values between 9 and 18. The lower the value the tighter and more choppy the Hull Band becomes. Conversely, the greater the value the more smooth and less choppy the Hull Band becomes. 

Signal Settings

Style Settings

MAs

The MAs or Moving Averages are Simple Moving Averages (SMAs) that are toggled at different lengths to help guide signals fired by the Hull. The 2 moving averages work on crossing values. So for example, if you have a Fast SMA of 5 and a Slow MA of 8, a signal will fire when they cross and in relation to the Hull as well as any other inputs you have used to generate signals. We recommend using no more than a value of 12 for the Fast SMA length and no more than a value of 26 for the Slow SMA Length. The closer and lower the signal values are the faster the signals will fire and the further the values are and higher the number the more sparse the values will fire. Generally speaking, the default settings are around 5 for the Fast SMA and 8 for the Slow SMA.

Signal Settings

Style Settings

ADX

ADX stands for Average Directional Movement Index and can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values. Although the Core Signals Indicator has rather low values for the ADX, they can be greatly increased to only fire signals when the Price Action is trending. The ADX acts to smooth the signals and prevent chop by cancelling out signals that are not trending.

Signal Settings

Style Settings

OCC-TSI

OCC is also known as the Open Close Cross indicator is a multipurpose moving average cross indicator that is primarily designed for swing margin trading and scalping cryptocurrencies but can be adapted to a multitude of high volatility assets. This is combined with the TSI also known as the True Strength Indicator. These come with preset values that use Moving Average crossing values combined with our own calculation of the True Strength Indicator. This is used primarily either in combination with the HULL or as a stand-alone calculation to use for Scalping and other fast Price Action trading strategies.

Signal Settings

Style Settings

DWM Opens

Description

High time frame opens refers to key levels relative to the opening of bars at high timeframes. The timeframes of Monthly open, Weekly open, and Daily open are often retested and become key levels where price will come to and react with consistently. By ticking this function on in the menu of the indicator you can have them shown on any timeframe that you are trading on.

How to use

The Daily, Weekly, and Monthly opens are key levels that show where price opened at these levels. The psychology behind this is that traders cover, alter and open new positions. Order swapping occurs and unfilled orders are often left behind. An unfilled order is an order left unfilled around a price region from traders who were unable to realise their desired fill price. However, this by no means guarantees a level will hold; it’s impossible to decipher whether an area garnered sufficient interest in the past to justify a rebound. You could argue this would be similar psychological form observed at notable support and resistance levels. The best way to use these levels is as convergence points, so when they coincide with key support and resistance levels, trendlines, and with the “Auto Fibs”.

Settings

"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?"

Indicator Settings

Style Settings

DWM Opens

Description

High time frame opens refers to key levels relative to the opening of bars at high timeframes. The timeframes of Monthly open, Weekly open, and Daily open are often retested and become key levels where price will come to and react with consistently. By ticking this function on in the menu of the indicator you can have them shown on any timeframe that you are trading on.

How to use

The Daily, Weekly, and Monthly opens are key levels that show where price opened at these levels. The psychology behind this is that traders cover, alter and open new positions. Order swapping occurs and unfilled orders are often left behind. An unfilled order is an order left unfilled around a price region from traders who were unable to realise their desired fill price. However, this by no means guarantees a level will hold; it’s impossible to decipher whether an area garnered sufficient interest in the past to justify a rebound. You could argue this would be similar psychological form observed at notable support and resistance levels. The best way to use these levels is as convergence points, so when they coincide with key support and resistance levels, trendlines, and with the “Auto Fibs”.

Settings

"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?"

Indicator Settings

DWM Opens

Description

High time frame opens refers to key levels relative to the opening of bars at high timeframes. The timeframes of Monthly open, Weekly open, and Daily open are often retested and become key levels where price will come to and react with consistently. By ticking this function on in the menu of the indicator you can have them shown on any timeframe that you are trading on.

How to use

The Daily, Weekly, and Monthly opens are key levels that show where price opened at these levels. The psychology behind this is that traders cover, alter and open new positions. Order swapping occurs and unfilled orders are often left behind. An unfilled order is an order left unfilled around a price region from traders who were unable to realise their desired fill price. However, this by no means guarantees a level will hold; it’s impossible to decipher whether an area garnered sufficient interest in the past to justify a rebound. You could argue this would be similar psychological form observed at notable support and resistance levels. The best way to use these levels is as convergence points, so when they coincide with key support and resistance levels, trendlines, and with the “Auto Fibs”.

Settings

"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?"

Indicator Settings

Timeframe Settings

The SR Lines can be adjusted by intensity for each timeframe. First the SR High, Medium, and Low levels can be toggled to be on or off. Then the ATR Length, Multiplier, and Volume Threshold can be individually adjusted to change the frequency of the SR levels and the intensity to which they are plotted. 

DWM Opens

Description

High time frame opens refers to key levels relative to the opening of bars at high timeframes. The timeframes of Monthly open, Weekly open, and Daily open are often retested and become key levels where price will come to and react with consistently. By ticking this function on in the menu of the indicator you can have them shown on any timeframe that you are trading on.

How to use

The Daily, Weekly, and Monthly opens are key levels that show where price opened at these levels. The psychology behind this is that traders cover, alter and open new positions. Order swapping occurs and unfilled orders are often left behind. An unfilled order is an order left unfilled around a price region from traders who were unable to realise their desired fill price. However, this by no means guarantees a level will hold; it’s impossible to decipher whether an area garnered sufficient interest in the past to justify a rebound. You could argue this would be similar psychological form observed at notable support and resistance levels. The best way to use these levels is as convergence points, so when they coincide with key support and resistance levels, trendlines, and with the “Auto Fibs”.

Settings

"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?"

Indicator Settings

Timeframe Settings

DWM Opens

Description

High time frame opens refers to key levels relative to the opening of bars at high timeframes. The timeframes of Monthly open, Weekly open, and Daily open are often retested and become key levels where price will come to and react with consistently. By ticking this function on in the menu of the indicator you can have them shown on any timeframe that you are trading on.

How to use

The Daily, Weekly, and Monthly opens are key levels that show where price opened at these levels. The psychology behind this is that traders cover, alter and open new positions. Order swapping occurs and unfilled orders are often left behind. An unfilled order is an order left unfilled around a price region from traders who were unable to realise their desired fill price. However, this by no means guarantees a level will hold; it’s impossible to decipher whether an area garnered sufficient interest in the past to justify a rebound. You could argue this would be similar psychological form observed at notable support and resistance levels. The best way to use these levels is as convergence points, so when they coincide with key support and resistance levels, trendlines, and with the “Auto Fibs”.

Settings

"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?"

Indicator Settings

DWM Opens

Description

High time frame opens refers to key levels relative to the opening of bars at high timeframes. The timeframes of Monthly open, Weekly open, and Daily open are often retested and become key levels where price will come to and react with consistently. By ticking this function on in the menu of the indicator you can have them shown on any timeframe that you are trading on.

How to use

The Daily, Weekly, and Monthly opens are key levels that show where price opened at these levels. The psychology behind this is that traders cover, alter and open new positions. Order swapping occurs and unfilled orders are often left behind. An unfilled order is an order left unfilled around a price region from traders who were unable to realise their desired fill price. However, this by no means guarantees a level will hold; it’s impossible to decipher whether an area garnered sufficient interest in the past to justify a rebound. You could argue this would be similar psychological form observed at notable support and resistance levels. The best way to use these levels is as convergence points, so when they coincide with key support and resistance levels, trendlines, and with the “Auto Fibs”.

Settings

"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?"

Indicator Settings

DWM Opens

Description

High time frame opens refers to key levels relative to the opening of bars at high timeframes. The timeframes of Monthly open, Weekly open, and Daily open are often retested and become key levels where price will come to and react with consistently. By ticking this function on in the menu of the indicator you can have them shown on any timeframe that you are trading on.

How to use

The Daily, Weekly, and Monthly opens are key levels that show where price opened at these levels. The psychology behind this is that traders cover, alter and open new positions. Order swapping occurs and unfilled orders are often left behind. An unfilled order is an order left unfilled around a price region from traders who were unable to realise their desired fill price. However, this by no means guarantees a level will hold; it’s impossible to decipher whether an area garnered sufficient interest in the past to justify a rebound. You could argue this would be similar psychological form observed at notable support and resistance levels. The best way to use these levels is as convergence points, so when they coincide with key support and resistance levels, trendlines, and with the “Auto Fibs”.

Settings

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