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kaaiii
Oct 9, 2019 2:44 AM

Moving Averages (21, 55, 200) with Parabolic SAR and Support/ Re 

Bitcoin / U.S. dollarBitstamp

Description

A Simple indicator combining 3 of the most popular simple moving averages; (21,55, 200) with a tweaked Parabolic SAR as well as recent support & resistance points.

Developed to help see key areas of interest on COINBASE:BTCUSD quickly without needing to draw many manual trendlines in order to trade breakouts or bounces at key levels. But should be useful for any market.

This indicator is best used in combination with oscillators such as the MacD or RSI and also volume.

Release Notes

In this update a fibonacci inspired sequential was added.

The increasing numbers above the candle indicates how long the market has been trending for.

The yellow fibonacci numbers signal a possible turning points as the trend may be getting exhausted. For best results combine this with volume and candlestick patterns that signal reversals. (e.g. a hammer candle on an 8, or 13 for a bottom and shooting star on an 8 or 13 to mark the top)

Release Notes

- Added shorter 8 period MA in blue
- Updated the sequential to use the Standard TD sequential rules with perfected 8's & 9's being highlighted yellow.

Release Notes

Updated the indicator title so it's easier to find. Also removed a bunch of unnecessary inputs so clean up the settings tab.
Comments
fayeluvgoddess
this is literally the best indicator i ever used , its so good for GOLD reversal . i am soooo happy to have found this indicator , ive been tying to find something like this that indicates the resistance and support line for me , so that i would be able to determine the reverse point fast . thankyou so muchhh again . i really appreciate it . i hope you will keep this indicator forever right here .
kaaiii
@fayeluvgoddess, Thanks for the feedback :) glad its helping you
shasha8434
@kaaiii, sir what is meaning of numbers , have you any vedio where i can learn this indicator , this is realy good one indicator have sar,support and ressitance with multi emas . pl explain about numbers sir
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