Intelligent Price Action - Positive Close (Expo)

20 Jan 2020

Intelligent Price Action - Positive Close (Expo)

DESCRIPTION

Intelligent Price Action - Positive Close (Expo) identifies important positive closes that have an impact on current price characteristics. The indicator is visualizing buying pressure! These price patterns are valuable insight when trading the market.

• Buying pressure is seen in reversal points.
• Buying pressure can be seen when the buyers are exhausted.
• Buying pressure can be seen in positive breakouts.


HOW TO USE

1. Use the indicator to identify buying pressure.
2. Use the indicator to identify reversal points.
3. Use the indicator to identify exhausted buyers.
4. Use the indicator to identify breakouts.

Combine the indicator with ‘Intellilligent Price Action - Negative Close (Expo)’ or with my other Price Action indicators.


INDICATOR IN ACTION

EURUSD


EURUSD


BTCUSD


BRENT


WALL STREET


WALL STREET


WALL STREET


BTCUSD


BTCUSD


EURUSD


EURUSD



The indicator works with RENKO, HEIKIN ASHI and with KAGI charts as well.

I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!


ACCESS THE INDICATOR

• Contact me on TradingView or use the links below


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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.


My scripts/indicators/ideas are only for educational purposes!

6 Ogo 2020

Nota Keluaran

Major Improvements!

• High and Low Signals are added.
  
• Negative price action can now be enabled
  

Best

23 Nov 2023

Nota Keluaran

Mean Expansion Added

6 Feb 2024

Nota Keluaran

Performance improvements have been made to the Mean Calculations, True Mean, Mean Moving Trend, and Cloud features

24 Sep 2024

Nota Keluaran

Custom Timeframe Added