Dynamic Reactor [CHE]This simple Pine script is an implementation of the Dynamic Reactor indicator. The indicator is designed to dynamically adjust to market conditions and identify trend reversals.
The indicator takes one input parameter: the length of the Dynamic Reactor. The script calculates the high, low, and midpoint values of the Dynamic Reactor using a simple moving average (SMA) function. The plot colors are determined by the current price in relation to the high and low values. If the price is above the high value, the plot is colored green. If the price is below the low value, the plot is colored red. Otherwise, the plot is colored gray. The area between the high and low values is filled with a transparent color to help visualize the range of the indicator.
Dynamicsupportresistance
LIVIDITIUM EXTENDED BANDS {PREMIUM}This is the extended band/levels version of LIVIDITIUM Channel {PREMIUM}.
The LIVIDITIUM is a set of indicators centered around a series of parallel dynamic bands call the LVDT guide bands, defined by lines call the LVDT levels. Major LVDT levels have thicker line-widths.
LVDT levels are constructed from a mathematical conjugation of the complex golden ratio solutions.
>> Useful to determine critical levels, indicates possible support levels, as well as major and minor tops/bottoms.
Look at historical interactions to work out key levels for any particular chart, and adjust the displacement offset value to get the LVDT levels to conform better to a particular chart at a particular time-frame.
Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment/trade decisions.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
Please PM me for access information.
( Bundled with LIVIDITIUM {PREMIUM})
4H 21EMACredit to @Zoen Triste for his original script at I just amend it for the 4H time frame. The main function is for dynamic support and resistance when day trading using smaller time frames such as 15mins so that we don't have to juggle between 4H and 15min time frames to see where is the EMA21 at 4H for the moment.