Even though I called it an indicator here but it is not an indicator like moving average or pivot or lines drawn based on some random calculations. It is a visual representation of my premarket levels (Support/Resistance) drawn automatically on your chart.
Basically this indicator automatically draws my price levels from buyer’s interested level and seller’s interested levels along with its severity (Normal, line in the sand, dotted, underline, bold, etc.) and type (exchange area, support, resistance, dream number, etc.) onto any intraday chart in a visual color-coded form.
It is to assist those who do not want to manually draw price levels on all of their charts and also who wants to have a visual color-coded view of the level type and severity on their chart. It is very useful especially if you are using multiple timeframe charts of ES Emini.
The indicator is not mandatory and it is purely for your leisure to avoid the manual draw of levels on all of your charts every morning as it will take lots of time in the morning to draw all the lines in your chart.
It is only being offered to members of this website as it is dependent on my premarket price levels and it requires the daily download of trading edge daily notes price level text file from the website. The color, severity, and type is unique to my premarket notes price levels only and it goes in hand to hand with my buyers ‘ and sellers’ interested levels from the premarket notes.
one-time minimal charge – money goes to the developer. The indicator for TradeStation and Thinkorswim is available for purchase. I have disabled the NinjaTrader INDICATOR for the purchase due to some bug in the code until further notice.
Click below on the platform of your choice to find out more.
