OPEN-SOURCE SCRIPT
shadowpipz macro's (Open-Source)
Macro Indicator
The Macro Indicator, originally coded by toodegrees and defined by me, is a powerful tool designed to track and visualize key market cycles and shifts within specific timeframes. It highlights areas of significant market activity, allowing traders to identify potential reversals, continuations, or liquidity zones.
How to Use:
Time-Specific Analysis:
The indicator highlights specific time intervals (e.g., 8:20–8:40, 9:20–9:40), marking key zones of price movement. These zones are defined based on the Macro concept, which identifies significant price actions within specific windows of time.
Trend Reversals and Continuation:
Use the highlighted Macro zones to detect potential trend reversals or momentum continuations based on price behavior around these intervals.
Confluence with Other Tools:
Combine the indicator with other tools such as support/resistance levels, candlestick patterns, or momentum oscillators for enhanced trade confirmation.
Multi-Timeframe Application:
Apply the indicator across various timeframes to identify overlapping zones and refine your trading decisions.
Best Practices:
Observe how price interacts with the highlighted zones—these areas can act as key support or resistance points.
Utilize the indicator to monitor liquidity sweeps or potential breakout regions during specific time intervals.
Credit:
The Macro concept was defined by [Your Name/Username].
The indicator was originally coded by toodegrees.
Disclaimer:
This indicator serves as a supplementary tool and is best used alongside a comprehensive trading strategy. Ensure proper risk management for all trades.
The Macro Indicator, originally coded by toodegrees and defined by me, is a powerful tool designed to track and visualize key market cycles and shifts within specific timeframes. It highlights areas of significant market activity, allowing traders to identify potential reversals, continuations, or liquidity zones.
How to Use:
Time-Specific Analysis:
The indicator highlights specific time intervals (e.g., 8:20–8:40, 9:20–9:40), marking key zones of price movement. These zones are defined based on the Macro concept, which identifies significant price actions within specific windows of time.
Trend Reversals and Continuation:
Use the highlighted Macro zones to detect potential trend reversals or momentum continuations based on price behavior around these intervals.
Confluence with Other Tools:
Combine the indicator with other tools such as support/resistance levels, candlestick patterns, or momentum oscillators for enhanced trade confirmation.
Multi-Timeframe Application:
Apply the indicator across various timeframes to identify overlapping zones and refine your trading decisions.
Best Practices:
Observe how price interacts with the highlighted zones—these areas can act as key support or resistance points.
Utilize the indicator to monitor liquidity sweeps or potential breakout regions during specific time intervals.
Credit:
The Macro concept was defined by [Your Name/Username].
The indicator was originally coded by toodegrees.
Disclaimer:
This indicator serves as a supplementary tool and is best used alongside a comprehensive trading strategy. Ensure proper risk management for all trades.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
¿Quiere utilizar este script en un gráfico?
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.