TradingView
EIGHTHdecimal
Oct 10, 2018 2:13 PM
Monthly Weekly Daily Hourly CLOSES
BITFINEX:BTCUSD
15
Bitcoin / Dollar
Bitfinex
Description
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Oct 10, 2018 2:13 PM
Draws horizontal segments where the last Monthly, Weekly, Daily and Hourly closes are.
Easily identify current price relative position to these key prices.
I use it as a kind of pivot points and help me with trend following entries: longs if up from last close, shorts if down from last close.
Monthly: red line (MMMMM)
Weekly: orange line (WWWWW)
Daily: yellow line (DDDDD)
Hourly: white line (HHHHH)
//Original idea from "Key Levels [
@treypeng
]
Release Notes
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Oct 11, 2018 10:38 AM
Added high / low for each period
Adjusted colors and character for visibility
Support and Resistance
levels
pivot
trendfollowing
Comments
eatyofood
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Jun 19, 2020 5:34 PM
thank you
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