Market Resilience

v10.3
Market Resilience

Here is a “trading strategy” that will find its place in the series of scenarios …
Its design is the result of daily observation over several years transposed in this indicator.

The program generates from the Pre Market data a predictive view of course development by tracing its evolution by the projection of Fibonacci levels!
Initially developed on the index market, this indicator can also be used for currencies or equities by giving similar results.

It allows the development of trading plan by creating a resilient environment on the short-term observation of market movements.
His main interest lies in the way to apprehend a position statement by projecting a layer reflecting the possible evolution of the levels likely to be reached during the active session.

Because the prices have a memory, the market resilience remains an effective decision-making tool by making the short-term trading more serene in part thanks to a clarified vision of the
market, its use is perfect for “Day Trading or Scalping”
All you have to do is define a simple method based on “Pullback, Consolidation, Retracement, Open Range, Level Break, Trend Follow” …

Some will find a practical decision-making tool others a gadget worthy of the era of “shadocks”! It’s for you to see …
Hopefully these few lines of code will benefit you in your trading by being aware that the market is “almost” always right.

  1. Start of the program on the candle from 08:00 (pre market between 08:00 and 08:59)
  2. Detection of the level up and down until the closing of the candle of 08h55 “Open Range”
  3. Calculation of the Fibonacci levels taking as a benchmark the mini point for 0% and the maximum point for 38.2% in the uptrend and its inverse for the downtrend
  4. Draw the levels thus calculated on the graph with first threshold (target) at 76.4% corresponding to twice the maximum / minimum value (2X OPR) represented by the arrows (green and red)
  5. Extension of Fibonacci levels up to 200% in both directions …

Available settings:

  • “Alpha” Setting transparency of information
  • “Offset” Position of the maximum and minimum values ​​above and below the rectangle
  • “Level” Visualize or hide the Fibonacci levels
  • “Text” Shows or hides the up / down values, arrows (2x OPR) and HI and LO segments

As usual, everything is mixable

 

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. maurizio • 88 days ago #

    sul FIB non funziona

  2. swapping • 88 days ago #

    per me funziona, spiegazione ?

  3. maurizio • 88 days ago #

    inserisco l’indicatore e non mi da nessuna linea

  4. maurizio • 88 days ago #

    ho provato anche a mettere dalle 9 alle 10 poichè il fib apre alle 9 e non alle 8 come il dax ma non funziona, ho inserito le variabili ma non funziona.
    probabilmente sbaglio qualcosa

  5. osupero • 81 days ago #

    NO FUNCIONA.. no sale absolutamente nada

  6. winnie37 • 79 days ago #

    j’aimerai rendre cet indicateur détectable à travers le proscreener. Par exemple, cours touche le résistance 76,4%. Est-ce possible?

  7. swapping • 79 days ago #

    Bonjour winnie37, je pense que cela peut-être possible en ajoutant une condition par exemple quand le prix touche le niveau des 76.4 (qui est lisible bien avant que le cours n’y arrive) et donc ajouter une variable externe par laquelle on ajoute la valeur du niveau à détecter tout niveau pourra alors faire le job…
    s’il faut, ouvre un thread sur le forum pour qu’on puisse développer ta demande
    cordialement swapping

  8. Kris75 • 54 days ago #

    Hi,
    This is great !! anyone ever developped a strategy about it ???

  9. swapping • 54 days ago #

    hello Kris75, not that I know but it is possible to make a scenario 😉

  10. digitation • 7 days ago #

    Hi swapping,
    Thanks for sharing this useful tool. I was wondering how difficult it would be to make the 1st hour levels stay on the chart from one day to the next (like the standard pivot levels indicator) ?

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
marinober giusto, la critica è troppo severa. Mi dispiace che l'indicatore abbia delle lacune perchè ...
RobertFX Works fine on FOREX
Lafras very late to identify signal
JD9551 Why does it plot on the bottom and does not show any data?
Nicolas
4 months ago
swapping https://www.prorealcode.com/topic/prc_quickfibtl/ Please Hans63 and robdav follow to uppe...
Hans63 Thank you swapping
FREDNC @Nicolas merci pour se remarquable indicateur, reste à voir comment on va pourvoir l'intégre...
Saikumar Fx hi how to convert proreal code to mt4 indicator for pre market session usa indicator
Nicolas Hi, we dont offer MT4 programming assistance, but still you can ask for private paid program...
AlexWoe89 Hi, thanks for the code. Do you have an idea, if you can also draw pre-market data on char...
wanjpt good work swapping, this is a great one, how can one change time frame though say 10 minutes...
swapping Hello wanjpt, I do not see how to do it because the calculation is for 12 candles of 5mn onl...
wanjpt Thanks swapping.
swapping fib1236 = (hiday-lowday)*1.236+lowday DrawSegment(startbar,fib1236,barindex,fib1236) colou...
swapping Oups ! Nicolas il y a un problème avec l'insertion de code en utilisant le bouton [Add PRT ...
swapping fib1236 = (hiday-lowday)*1.236+lowday DrawSegment(startbar,fib1236,barindex,fib1236) colour...
Nicolas Add the ZigZag indicator on the chart, and with the same percent setting as this indicator.
Kris75 Hello Nicolas, Il semble que la variable DaysBefore fasse planter la représentation graphiq...
Nicolas Peut-être à cause du manque d'historique. Celle-ci est utile pour limiter la quantité de ret...
DaxRider nice job thanks
Bianca super well done...and your english...much more better then mine.. 1) what about to add some...
Van Salt Hi Bianca, the indicator shows you some interesting cluster-zones from long- and shortterm f...
Nicolas Merci de faire une demande spécifique sur le forum et j'essaierai d'y remédier.
redz voila nicolas c'est fait https://www.prorealcode.com/topic/demande-de-programmation-point-f...
Nicolas Merci, je m'en occupe dès que possible.
JohnScher Yes i can ..
JohnScher ThreeLiner with middleand
JohnScher //PRC_RevertSignal Three Line Break | indicator //22.06.2017 //Nicolas @ www.prorealcode.c...
Eloi https://www.dropbox.com/s/zsccv3oas8cwx9h/DAX-Journalier.png?dl=0
Eloi Un autre exemple sur le bitcoin https://www.dropbox.com/s/adyq26tl3g40g7q/XBTUSD-Journalier...
sbchport Brilliant work SwingforFortune. Thank you! I'm not brilliant on EWT so unsure if I'd map the...
Nicolas Use the wrench of the price chart! Upper left of the window
Dymjohn The wrench shows options for the components of the indicator not how to show in the main cha...
Nicolas http://www.prorealcode.com/topic/overlapping-indicators/  
Eloi Bonjour Nicolas, Pourquoi mon graph se mets en tout petit lorsque j'applique l'indicateur ?
Nicolas Dans l'onglet prix, choisir d'appliquer l'échelle qu'au prix uniquement.
Eloi MERCI
211 Really nice indicator Nicolas! Well done!
supertiti Bonjour Nicolas comme j'avais l'impression qu'il en manque un bout j'ai fais ça : Peux...
Nicolas Merci supertiti ! C'est juste, encore un ptit bug quelquepart ! :|
Nicolas Je pense que cela a été fait dans le forum il y a quelques temps, il faudrait le retrouver t...
besserwerden Hello, I want t use this screener, but only results for uptrend. Is there a possibillity to ...
besserwerden Hello Nicolas, I want t use this screener, but only results for uptrend. Is there a possibil...

Top