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Trade By Design Basic

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The following Indicator displays the following key levels which are used when trading the Market Maker Method and are often key support or resistance levels when trading Forex or Crypto Markets.

These Levels Include:
  • High & Low of the Week Level from the Week Prior (HOW/LOW) (5pm Sunday to 5pm Sunday New York)
  • High & Low of the Day from the Day Prior (HOD/LOD) (5pm to 5pm NY from prior day/weekend )
  • Initial High & Initial Low of the Day from today's Asia Session (IHOD/ILOD)
  • 50EMA,200 EMA and 800 EMA - These EMA's can be used as key entry points or key trade targets for various trade setups.

The Indicator also displays the Market Maker Market Session Times these sessions include:
  • Asia Session (8:30pm-3am),
  • UK Session (3:30-9:00am),
  • US Session (9:30am-5pm),
  • Dead Gap Zone (5-8pm).

It also highlights in Turquoise the following:
  • Asia Extension (2-3am),
  • UK Burst (8-9am) ,
  • New York Reversal Zone (9:30am-12:30pm) and the all of which commonly have typical behaviours. (All times are expressed in New York Time)


Combining the Key Levels (HOW/LOW/HOD/LOD/IHOD/ILOD) with The 50, 200 and 800 EMAs and the the Market Maker Session Times can help traders to identify trade setups. This indicator combines all these into one indicator, unlike any other, and for this reason the indicator is worth paying for and the source code is hidden.

For optimal viewing, change your chart colours to white and grey and add the PVSRA Volume Indicator.
Release Notes
Bug Fix to HOD/LOD Labels
Release Notes
Bug Fix to calculation of ILOD/IHOD.
Release Notes
Bug Fix for Historic Bar look back

Disclaimer

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.