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 • 01/19/2019 #

    sul FIB non funziona

  2. swapping • 01/19/2019 #

    per me funziona, spiegazione ?

  3. maurizio • 01/19/2019 #

    inserisco l’indicatore e non mi da nessuna linea

  4. maurizio • 01/19/2019 #

    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 • 01/19/2019 #

    NO FUNCIONA.. no sale absolutamente nada

  6. winnie37 • 01/19/2019 #

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

  7. swapping • 01/19/2019 #

    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 • 01/19/2019 #

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

  9. swapping • 01/19/2019 #

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

  10. digitation • 01/19/2019 #

    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 avatar avatar avatar

+5 more likes

Related users ' posts
Corto78 Bonjour Jigsaw, En copiant le code ci-dessus, on a quelques erreurs de syntaxe sur les li...
Jigsaw20000 Bonjour, Je voudrais mettre le liens du code en format .itf mais je n'y arrive pas , quelqu'...
Corto78 Il faut aller dans la liste des ProBacktest & Trading Automatique (là ou tu as créer ton...
hErOSTiC Hi, Thank you for sharing your work with us. I have loaded the ITF file but I have an erro...
juanj Strange that the ITF file did not import the parameters. You can either add the parameter yo...
Finning Hi JuanJ, just a question about the tollerance*pointsize. I know what it is/what it does (in...
IV Mcm I don't speak English and the translation is not clear. Do you have a different turn of ...
IV Mcm stonk ?
samsampop Thanks very much for sharing, look forward to testing this idea out.
juanj
7 months ago
seappa8@gmail.com Hi @aaronparry1 .. i kind of got lost in multi time frame continuity .. tried a lot (Rob s t...
samsampop Thanks very much for sharing, look forward to testing this idea out.
AntoGH How did you backtested it ? i downloaded the file and put it in the backtest section but it ...
jzhuang it seems not working on prorealtime v11.1
Ridge-Trader thanks a lot, it´s very helpfull for me. Do you know, where i can find more Indicators for #...
Copperwave Hi Juan - awesome implementation of Robins price action analysis. Any chance this can be mod...
mistersylv What parameter should we change to make another channel appear in the higher or lower time u...
Nicolas Oui c'est possible. Merci de ne pas poster des demandes qui sont hors sujets. Pour les deman...
Igor Merci pour cet itf. Question : comment faire pour instruire un screener ?
Nicolas tester le croisement du Close avec la première valeur de l'indicateur : "TrailingStop", faci...
Thomas It works with DAX and DJ30. But you must use the timeframes 1 or 5 or 10 or 15 or 30 min. i ...
Razz Hello what do I have to do so that it also goes with Eur / USD, currently no value display
Luciole I aslo got this error message with EU version : "A positive integer parameter is expected wi...
max-trading Bonjour, C'est bizarre, quand j'installe cet indicateur mon graphique des prix se resserr...
Nicolas Dans les paramètres du prix, il faut choisir la mise à l'échelle basée sur le prix uniquement.
Nick FX Junkie Good evening all, Is there any way this indicator can be transferred into a strategy code?
Kris75 Merci Jeanguy, suis très preneur de vos stratégies profitables avec cet indicateur !!
Screw27 Salut je vient d’installer ton indicateur mais il fonctionne pas ça m’indique un message d’e...
Canis Majoris Hello, Is there any user guide for this interesting indicator ? Thanks in advance
Globalmarkets79 Thank you Vonasi for the answer. I have an other question. When i tried to run the indicator...
Vonasi Lines is either 0 or 1 to turn on or off the drawing of them. Once again if you download and...
Globalmarkets79 Thank you Vonasi, this indicator is very helpful!!!
rama what is the buy condition or sell condition for this can you suggest a code k1=1 buy and k1...
rama I would like to know at point 1 an alert or binary indicator so that I can place order
maxlys Bonjour Nicolas, merci pour ce code qui a l'air intéressant. Comment ajouter dans le code l'...
eva.g.forsgren Går det att få en för dax också?
ed65 hi great indicator how can i adjust time frame for opening rge ie to first 5 min , thanks in...
Thomas The you must use the timeframe 1min and change the code from endtime = 090000 // 09h00 to ...
Dari when I put the indicator does not put it on the price, sn in a new box like many indicators....
Nicolas by adding it on price instead. Use the wrench on the left upper side of your price chart.
darbes Nicolas Could you code in PRT from an MT4 code ? Best JC
darbes Nicolas How to convert this signal into a strategy pro ? Best JC
Alby118 Great work, much appreciated! You think this will work better with HULL indicator? So the S...
Nicolas Add indicator on price doesnt require any specific type of subcription. Click on the wrench ...
tahiti bonjour j'ai une petite question comment peux on enlevé la bar blanche sur la bougie en cour...
sixeight Hi Kris, is there a way to increase the number of rows? I get a loop error
Nicolas
2 years 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...

Top