Description: This True Open Indicator for Quarterly Theory is designed to assist traders in studying and backtesting Quarterly Theory, a time-based approach to interpreting market cycles. Quarterly Theory, as introduced by the Inner Circle Trader, suggests that time must be divided into quarters for proper analysis of market cycles. Key concepts of Quarterly...
This is a tool I quickly put together to work along side of my round number and Quarter Theory Scripts. This script allows you to set a price range between to values and slice them up into equal price zones. Happy Trading!
Quarter Theory Levels is a script that will create level lines based on major round numbers and spilt those levels into half and quarter ranges. This tool is intended to help traders see major levels that price will likely react to in the future. The Script is inspired by Quarters Theory.
This script is based on "Round Numbers Above and Below" by BitcoinJesus-Not-Roger-Ver, but unlike this script that only shows "Round Numbers" levels, my script also shows "Quarter Number" levels like 25 and 75 that are very important for those who follow the quarters theory. Also the original script doesn't have different colors for different levels while my...
Institutional price levels (AKA round numbers, Perfect Price Levels-PPL) Institutional Price Levels (IPL) script shows the closest round numbers from the current price. Some traders uses round numbers as a support resistance levels. For example: 0.000 0.500 1.000 levels. Additional levels are 0.200 0.800. So I made a simple script that shows round numbers and...
Description An experimental script that prints quarter levels of the previous timeframe's high and low to the current timeframe. The idea is quite simple and is basically the Fibonacci pivoted on the previous high and low with quarter level settings (0,0.25,0.5,0.75,1 etc). The default setting is the previous daily high and low but can be customized on user...
This is an indicator that marks off Major whole/quarter levels Between each major whole they are 1000 pips and that can be quarter and give you major quarter levels of 250 pips Each of the major whole number can be divided into 10 - 100 pip ranges(giving you minor whole number), and you can in turn quarter these to give you 25 pips. This is the lowest...
Limited quarter level script but more flexible in compared to my FX script, same logic behind
This script could help to see edged level for a reverse on forex, not for yen pairs and is based on quarter and round number theory. I suggest to use it on H4 timeframe or lower to have a confermation on support or resistance level.
When I looked for something like this I couldn't find it. Although simple in appearance, this script was actually quite long and complicated to create. It allows you to break up any horizontal space in up to 24 lines. Just remember that 13 lines equal 12 levels, as the top and bottom lines are the placeholders. So, if you are using quarters theory, you would...
This is based on "Automatic Quarters Theory Lines" by monzakaamera. Added calculations for BTC and ETH and fixed script to work on the weekends.
This indicator is based on Evan Cabral's Market Timing Strategy. In Binary Option or High Frequency Forex (HFX), it's very common to see the market make reversals at hours and half hours. This indicator just simply draw vertical lines at each quarter of the hour. You should change the color and opacity to fit your chart style. With this indicator, you're...
Hello Friends , This indicator is mainly used in Market maker methods as well as quarter point theory . This indicator plots the quarter points which is a whole number like 00, 50 , 25 of price levels in the chart as well as daily open line. Price tend to trap traders in this zones . hope you will enjoy the indicator.
This indicator puts Quarter Theory lines on your chart. Works on any chart. You can change how many pips is one whole level and disable Quarter and Half levels. Works very well on JPY pairs.
Indicator that lets you to put Whole (red), Half (blue) and Quarter (green) levels on a chart, which work as support/resistance levels. Defaults are only for EURUSD, for other symbols you have to change the settings. First input is "Starting Price (Bottom)", which should be the lowest point you want your levels to be. There are only 10 Whole levels on this...
This indicator helps you to put Quarter Theory lines on your chart. It's defaults are meant for EURUSD , but you can change it for other charts. There are 16 lines in this indicator. For EURUSD recommended settings right now are: Starting Price (Bottom):1.12 and Gap: 0.0025 USDCAD: Starting Price (Bottom):1.315 and Gap: 0.005 EURAUD: Starting Price...
Horizontal lines help you to put Quarter Theory lines on your chart. It's defaults are meant for EURUSD , but you can change it for other charts. There are 16 lines in this indicator. For EURUSD recommended settings right now are: Starting Price (Bottom):1.12 and Gap: 0.0025 USDCAD: Starting Price (Bottom):1.315 and Gap: 0.005 EURAUD: Starting Price...
This is a simple Quarters Theory script. Works best by default with JPY pairs. You can adjust to better fit your chart.