PATAlgo Index Options, a comprehensive tool tailored for traders engaged in Options Technical analysis. This innovative indicator, standing for Price Action Traders Algo, offers a spectrum of features designed to enhance market analysis and decision-making. From Buy and Sell signals across various time frames to trend tracking, support and resistance zone identification in real-time, automated marking of key levels, trendline setup, fib management, and central pivot establishment — PATAlgo index Options equips traders with a robust set of tools.
This advanced indicator is engineered to empower traders with real-time insights into market trends and price dynamics. Through sophisticated algorithms and cutting-edge functionalities, it provides a competitive edge, enabling users to stay ahead of market curves and make well-informed trading decisions.
One of the standout features of PATAlgo Index Options is its chart and candle analysis setup, facilitating pattern identification and aiding traders in making prudent decisions. Below, we delve into the core features of this indicator suite, offering a detailed explanation of its functionalities.
1. PAT Signals: Signal Mode: Tailored to trader styles, accommodating scalpers, swing traders, and positional traders. Signal Reactivity: Allows customization for signal frequency, with settings ranging from 1.2 to 6. Signal Strength: Defines signal intensity on a scale from 1 to 10.
2. PAT Trace: A trend-tracing tool effective across all time frames, particularly beneficial for scalpers and swing traders. Analyzes historical price data to identify patterns, support/resistance levels, and trend lines.
3. PAT Trends: An auto-trending indicator based on price action and patterns, offering clarity on market trends and breakouts.
4. PAT Profile: A powerful volume analysis tool aiding in technical analysis. Analyzes traded volume at different price levels, identifying support and resistance, tracking market sentiment, and informing trading decisions.
5. PAT S/R: Auto support and resistance analysis tool, eliminating the need for manual analysis. Provides traders with key levels for making informed trading decisions.
6. PAT Auto FIB: Automatically plots Fibonacci retracement levels on a price chart. Simplifies the identification of potential support and resistance areas based on Fibonacci ratios.
7. PAT Blocks: Represents significant buying or selling activity on a particular price level. Identifies price rejections or consolidations, indicating potential imbalances between supply and demand.
8. PAT Zone: Identifies key support and resistance zones on a price chart. Indicates areas where buying and selling pressure is concentrated based on historical price action.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact PAT_CLUB directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Kindly visit us on our website http://www.patalgo.com and request the access for the indicators.
Warning: please read our guide for invite-only scripts before requesting access.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact PAT_CLUB directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Kindly visit us on our website http://www.patalgo.com and request the access for the indicators.
Warning: please read our guide for invite-only scripts before requesting access.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.