A camarilla point is a price level of significance in technical analysis of financial markets that is used by traders as a predictive indicator of market movement. A camarilla point is calculated as an average of significant prices (High, Low and Close) from the performance of a market in the prior trading period. If the market in the following period trades above the camarilla point, it is usually evaluated as a bullish sentiment, whereas trading below the camarilla point is seen as bearish
This Expert Advisor is a part of ForexNEWSandMarketHoursBar indicator and updates data from ForexFactory.com site and is not usable alone. The Forex NEWS is very important and traders must study high impact news and medium or bank Holiday and know when a market will start and end. Indicator ForexNEWSandMarketHoursBar gets data from Forex Factory.com file automatically and display all NEWS on your chart. it is best tools that integrated all data in a chart. A ability of this indicator is display
The Forex NEWS is very important and traders must study high impact news and medium or bank Holiday and know when a market will start and end. This indicator (online version) get data from Forex Factory file automatically and display all NEWS on your chart. it is best tools that integrated all data in a chart. A ability of this indicator is display the markets hours. you can set your local time zone and your broker server zone in parameters and set parameters for which market you need to display
Support and resistance lines are very important in trading. When the lines are drawn for the High and Low price on a low timeframe, it is good, but when they are drawn for an upper timeframe, it is not true. Why? Because the distance between High and Low and Open and Close prices can be tens and hundreds of pips, and at this points, the resistance and support areas and support/resistance lines for these areas are pointless. This indicator simply shows these areas and helps you to detect this
A pivot point is a price level of significance in technical analysis of financial markets that is used by traders as a predictive indicator of market movement. A pivot point is calculated as an average of significant prices (High, Low and Close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point, it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish. Advantages
