Here are 3 of the 4 indicators showcased from KEY HIDDEN LEVELS in the "Marketplace Add-Ons".
You can see that the KEY EARNINGS LEVELS are plotted automatically for you and extend 6 months to the right. Note how well the market acts around the EARNINGS TRIANGLE level many months after earnings have been reported.
Also showcased is "RgMov" which is Range Movement or the ease with which the stock is moving each day. The RgMov hits a new high usually well before the price hits a new high and will tend to hit a new low before the price. The key is the "tendency" that you want to be aware of. You want to have the RgMove line going the same direction as your trade. You can see that Tesla is hitting an all-time high in Range Movement prior to this earnings report. Now that earnings are out and investors have had a chance to digest the news, it built a level of strong support at 230. Given that the market had one of its worst weeks since February and TSLA rallied, I think it is a strong sign that it is still holding its gains and a good long term indicator for TSLA shares to move gently higher as they deliver on their promises for production.
The last showcase item is the different colored bars. Green are for days when the high is higher and the low is higher than the day before. This does not consider the closing price at all. The red bars are for lower highs and lower lows. And black bars are for both outside-days and inside-days. This way you can see different bars highlighted without regard to close, but based on market action for the day.
I hope you can see how the power of Tradingview will make you a more knowledgeable trader and investor.
Tim
8/4/2014 239.14 last +5.87
You can see that the KEY EARNINGS LEVELS are plotted automatically for you and extend 6 months to the right. Note how well the market acts around the EARNINGS TRIANGLE level many months after earnings have been reported.
Also showcased is "RgMov" which is Range Movement or the ease with which the stock is moving each day. The RgMov hits a new high usually well before the price hits a new high and will tend to hit a new low before the price. The key is the "tendency" that you want to be aware of. You want to have the RgMove line going the same direction as your trade. You can see that Tesla is hitting an all-time high in Range Movement prior to this earnings report. Now that earnings are out and investors have had a chance to digest the news, it built a level of strong support at 230. Given that the market had one of its worst weeks since February and TSLA rallied, I think it is a strong sign that it is still holding its gains and a good long term indicator for TSLA shares to move gently higher as they deliver on their promises for production.
The last showcase item is the different colored bars. Green are for days when the high is higher and the low is higher than the day before. This does not consider the closing price at all. The red bars are for lower highs and lower lows. And black bars are for both outside-days and inside-days. This way you can see different bars highlighted without regard to close, but based on market action for the day.
I hope you can see how the power of Tradingview will make you a more knowledgeable trader and investor.
Tim
8/4/2014 239.14 last +5.87
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
