INVITE-ONLY SCRIPT
Traders Hedge - Pro with Alerts
Updated
Dear Traders,
"You can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future." ~Steve Jobs
This quote from Steve Jobs, explains the very essence of this indicator.
Trading is Simple, Why make it complicated. ~ Ravi Chandran
The main motto building this Traders Hedge - Pro indicator is to equip retail traders with a multi purpose tool which in itself will act as a complete trading setup.
This indicator will help you in understanding the market structure and planning your possible entries & exits well in advance.
The indicator & setup is independent of time frames & will work for all trading instruments.
Traders Hedge - Pro Indicator with Alerts you can also set Alerts on your favourite scripts and time frames, to get notification when a Demand or a Supply Zone is created or any Price rejection is formed.
List of all the features is provided below.
1. Trade Type - A quick auto setup for Intraday or Swing trades
2. CPR - Identifies the market structure and helps to plan mean reversions trade setups
3. Weekly Support & Resistance - Automatically identifies and displays the higher time frame support & resistance levels
4. Price Action Triggers - Alert with a trigger symbol shown on the respective candle where a possible price reversal is expected
5. Targets - Plots the possible Major & Minor targets, which helps in planning our possible profit booking & stop loss zones
6. Developing Pivots - Plots the price mean reversion zones for the upcoming trading session
7. Supply & Demand Zones - Plots the demand and supply zones by changing the color of the candle
8. Dynamic Dz & Sz Price Tracking - It dynamically identifies and plots the support & resistance levels
9. Opening Range - Plots the identified opening range on the chart
10. PEMA - Helps in visualizing the trend and also acts as a dynamic support & resistance levels
To set Alerts follow the steps provided below.
1. Go to the symbol chart and select the time frame on which you want to set Alerts.
2. Select Alerts Tab and click on Create Alert, shortcut key Alt+A
3. In Condition Select the option “Price Rejection Alerts“ or “Zone Alerts“ for which you want the alerts to be shown
4. In Options, select Once Per Bar Close
5. Select expiry as per your preference or keep it open-ended
6. Select Alerts Actions as per your preference
7. Alert name is optional
8. Default message is “Price Rejection Alerts“ or “Zone Alert” and can be modified
9. Click on Create and in the warning window select Continue Anyway
How to get the indicator:
To know more about the indicator & to download please check the link in the signature below.
Once you have active alert, you will keep getting notification whenever a Price rejection or new Demand / Supply zone gets created in the identified symbol and time frame you have selected.
Please do feel free to use the indicator and give your valuable feed backs which will help me in optimizing it to a great extent.
I would love to thank each of the traders in this Trading View community in helping me improve on my trading skills.
Happy Trading!
"You can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future." ~Steve Jobs
This quote from Steve Jobs, explains the very essence of this indicator.
Trading is Simple, Why make it complicated. ~ Ravi Chandran
The main motto building this Traders Hedge - Pro indicator is to equip retail traders with a multi purpose tool which in itself will act as a complete trading setup.
This indicator will help you in understanding the market structure and planning your possible entries & exits well in advance.
The indicator & setup is independent of time frames & will work for all trading instruments.
Traders Hedge - Pro Indicator with Alerts you can also set Alerts on your favourite scripts and time frames, to get notification when a Demand or a Supply Zone is created or any Price rejection is formed.
List of all the features is provided below.
1. Trade Type - A quick auto setup for Intraday or Swing trades
2. CPR - Identifies the market structure and helps to plan mean reversions trade setups
3. Weekly Support & Resistance - Automatically identifies and displays the higher time frame support & resistance levels
4. Price Action Triggers - Alert with a trigger symbol shown on the respective candle where a possible price reversal is expected
5. Targets - Plots the possible Major & Minor targets, which helps in planning our possible profit booking & stop loss zones
6. Developing Pivots - Plots the price mean reversion zones for the upcoming trading session
7. Supply & Demand Zones - Plots the demand and supply zones by changing the color of the candle
8. Dynamic Dz & Sz Price Tracking - It dynamically identifies and plots the support & resistance levels
9. Opening Range - Plots the identified opening range on the chart
10. PEMA - Helps in visualizing the trend and also acts as a dynamic support & resistance levels
To set Alerts follow the steps provided below.
1. Go to the symbol chart and select the time frame on which you want to set Alerts.
2. Select Alerts Tab and click on Create Alert, shortcut key Alt+A
3. In Condition Select the option “Price Rejection Alerts“ or “Zone Alerts“ for which you want the alerts to be shown
4. In Options, select Once Per Bar Close
5. Select expiry as per your preference or keep it open-ended
6. Select Alerts Actions as per your preference
7. Alert name is optional
8. Default message is “Price Rejection Alerts“ or “Zone Alert” and can be modified
9. Click on Create and in the warning window select Continue Anyway
How to get the indicator:
To know more about the indicator & to download please check the link in the signature below.
Once you have active alert, you will keep getting notification whenever a Price rejection or new Demand / Supply zone gets created in the identified symbol and time frame you have selected.
Please do feel free to use the indicator and give your valuable feed backs which will help me in optimizing it to a great extent.
I would love to thank each of the traders in this Trading View community in helping me improve on my trading skills.
Happy Trading!
Release Notes
Updated Historic Values & Zig-ZagRelease Notes
Updates - Shortened the Indicator short name
- Updated Zig-Zag
Release Notes
Updated - Color coded lines name with Price which is mapped to it for better understanding.Removed - Trend line as it is resource intensive.
Release Notes
Features Newly Added- Automatically calculates the levels for any time frame
- Automatic trade plan for any instrument describing the key vitals and possible targets
- Updated possible entry , exits & stop loss zones
- Introduced long & short entry triggers for assisting during trade entries
- Customized the labels to show the zones along with the prices on the chart
- Show the next days trade plan along with the levels
- Introduced VWAP for all time frames
Release Notes
Fixed - BugsRelease Notes
Optimized the dashboard functionalityRelease Notes
Bug FixedRelease Notes
PEMA updated.Release Notes
Fixed - minor bugsRelease Notes
Updated - Optimized Future Pivots calculations.Release Notes
Optimized the supply demand formation zones.Release Notes
Updated Standard Pivot R1 & S1 pivot levels.Release Notes
Updated the charts with R1, S1, Previous Close prices along with their labels.Release Notes
Optimized the Dashboard to show the degree of Bullishness & Bearishness.Release Notes
Updated the Supply Demand Zone Release Notes
Bug FixingRelease Notes
Introduced Momentum TriggerIt shows a diamond symbol when ever you see a change in momentum.
Release Notes
Show only relevant levels, the indicator has now intelligence to show only the levels in the direction of the trend. By default it is set to false.Release Notes
Updates- Advanced Price Action Triggers
- Option to plot Monthly & Weekly high , low & close key prices
Release Notes
Update:- Upgraded to Version 5 of Pine Script
- Enhanced Supply & Demand Zones
Release Notes
Optimized S & D for Higher Time frame.Release Notes
Provided options to customize support & resistance Zones, order block , Optimized the Next day pivotsRelease Notes
- Introduced option to change color of supply & demand candles .- Some Bug fixing
Release Notes
Added new pivot resolution of 134 minutes.Release Notes
Bug Fixing.Release Notes
Optimized momentum triggers for more safer & accurate notifications.Release Notes
Optimized the indicator to show possible buying & selling entry opportunities.It now shows 'B" for BUY & "S" for SELL
Release Notes
Introduced option to view historic buy / sell triggers for back testing.Release Notes
- Introduced auto setup for Intraday / Swing / Positional / Investment- Introduced Intermediate Support & Resistance Zones
- Updated Price actions triggers along with option to view historic triggers
- Optimized Buy / Sell Triggers
Release Notes
Intraday Sectional CPR Trending candle colors
Release Notes
Minor Bug FixingRelease Notes
Optimized the CPR levels to dynamically update based on session opening.Release Notes
- Version 3.0- Introduced Version number for Indicator for tracking
- Buy / Sell Triggers updated for early and more confirmed entry & exits
- Introducing Micro Swing trading setup
- Introducing Commodity / Forex / Bit Coin trading setup
- Previous Price Action triggers are now made easy with easy Buy / Sell triggers
- Optimized CPR , R1 & S1 levels
Release Notes
Version 3.1- Fix UI bugs
Release Notes
- Optimised Trend following feature in the indicator- Optimised Buy / Sell Triggers with Conservative Trades Only feature , which shows safe trade triggers only
Release Notes
- Show Historic Trending lineRelease Notes
- Version 3.3- You can now set auto Buy / Sell alerts for all scripts
Release Notes
Fixed minor bugsRelease Notes
Version 4.0- Display CPR Relationship
- Display Camarilla Relationship
- Display Trend Strength
- Volatality based Targets using ADR method
- Display Key values for multi time frames
- Multi time frame trend table in dashboard format
- Key price levels in dashboard format
- Display Session range band
- PEMA band
- Plot Opening range breakout
- Introduced Analysis and AI mode
- Updated scalping mode
- Opening analysis update in dashboard
- AI mode - Auto calculates institutional foot prints (Beta)
Release Notes
Version 4.1- Plots the weekly pivots based on weekly expiry day
- Dashboard data text color change
- Show only last period functionality bug fixed
Release Notes
- Optimized Next Day pivot levelsRelease Notes
Optimized Weekly Expiry PivotsRelease Notes
Version 4.2- Improved the trend line features which we can now consider for possible trend direction and used for making more accurate entry & for trailing our stop loss.
Release Notes
Version 4.3- Introduced Higher Time Frame CPR & Session Ranges for accurate analysis in entry & exits
- Trend Reversal Triggers
Release Notes
Version 4.4- Optimized Key Value zones, AI mode is upgraded with more accurate levels.
Release Notes
Version 4.5- Introduced Automatic change of Pivots levels for Intraday/Micro Swing/Swing/ Positional by just changing the time frame on the charts
- MTF trend table to reflect strong bullish / strong bearish trends
- Weekly open price fix
- Next day pivot levels spacing issue is fixed
Release Notes
Version 4.6- Introduced Multi Time Frame Trend Line (It now plots current time trend and the immediate higher Time frame trend line, Conservative triggers will now check out the break out of both lower and higher time frame trendlines.
- Optimized Buy & Sell momentum triggers
Release Notes
Version 4.7- Optimized ADR Target levels to be more accurate and updates dynamically
- Bug fixing of real time mid range calculation
Release Notes
Version 4.7.1- Minor Bug fixes w.r.t non conservative triggers
- Option to increase width of trend lines
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact RaviChandran_Rajkumar for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″You can subscribe for the indicator from our website, the link is provided in the signature below.
Want to use this script on a chart?
Warning: please read before requesting access.
Subscribe the indicator at igcyh.courses.store/
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.