This strategy belongs to @TheTradingFloor. It was suggested to me by a trader named "Cryptic RS" in my private messages then I saw the strategy on "Christy Kinz Trading" YouTube Channel
The strategy consists of RSI (Confirmation), Optional stochastic RSI (Confirmation), consolidation range identifier, Support & Resistance (helps out for beginners), TSV - Time...
The purpose of this script is to decipher chop zones from runs/movement/explosion
The chop is RSI movement between 40 and 60
tight chop is RSI movement between 45 and 55. There should be an explosion after RSI breaks through 60 (long) or 40 (short). Tight chop bars are colored black, a series of black bars is tight consolidation and should explode imminently. The...
Consolidation indicates moments of market indecision when there is no shift in price. It is neither positive nor negative. Usually, after a price burst or strong trend movement that market falls back into a phase when traders are cautious about possible overbought or oversold positions. During this period, market reconciles before another breakout or trend...
OK let's get started ,
A Day Trading (Intraday) Consolidation Breakout Indication Strategy that explains time condition for Indian Markets .
The commission is also included in the strategy .
The basic idea is ,
1) Price crosses above upper band , indicated by a color change (green) is the Long condition .
2) Price crosses below lower band , indicated by a color...
Three Week Tight Pattern is a consolidation indicator which give extra buy point on strong fundamental stocks. You can read about it from IBD here: www.investors.com
This script aims to help identify sideways markets. Once price leaves the Box the market will usually start a trending phase. Users can set a percent range to detect markets moving sideways within the range.
Dear Traders,
It so happens to the traders that once in their lifetime journey they be sure to here the below statement.
1. I got struck in the consolidation zone
2. Signals from technical indicators failed because prices were consolidating.
3. Its pretty tuff to detect consolidation zone. (programmatically)
I don't know about other but I have heard this...
This script will search for zones where the range between the high and low is lower than avg % nearest rank of last X bars.
After X(=30) bars of consolidating range it will signal that the market is in a range and draw the top, bottom and middle of that range.
When price breaks the consolidating range the range is cleared, this is where you long/short the...
This script is based on Range Support and Resistance .
It works by taking the range of the day,week and month calculating them and plotting 3 layers of Support and Resistance , as soon as it gets non directional /range bound , bar color turns GRAY if its in Bullish Trend and Pink if its in Bearish Trend .. As soon as bar turns Aqua it defines BULLISH Trend and...
Experimental : This script identifies the consolidation of a stock for selected time period. The consolidation period and range can be configured. 2 levels of consolidation levels can be selected. i.e Strong and medium. The range for strong and medium level of consolidation can also be configured by the user.
A movement in the direction of breakout of the...
![NIFTY1!: Consolidation Breakout [Indian Market Timing]](https://s3.tradingview.com/b/b61Sw30x_mid.png "Consolidation Breakout [Indian Market Timing]")
