TheFinancialCloud

Three Legged Goose

Three Legged Goose

Three-Legged Goose is an all-in-one intraday trading system.

It features a sleek and customizable Opening range overlay with infinitely generating price targets, Average Daily Range Zones, Curated Anchored VWAPs, Total Volume and ATR analysis, as well as our state of the art Market Momentum Trend detection.

Three-Legged Goose also has important Daily levels, including the Previous Day's High and Low and the Current Days Open, three fully customizable Exponential Moving Averages, a customizable ema cloud, and a toggleable standard vwap.

Using this indicator allows you to get rid of any unnecessary indicators that are taking up those valuable slots in TradingView.

AVWAP + ORBS:
The Opening Range Breakout system builds off of our recommended 15min opening range and does all of your price target calculations based on the width of the opening range. These targets are fully customizable within the settings,
to allow fine-tuning from ticker to ticker. We have programmed three Anchored vwaps at different time intervals to act as a dynamic trend-finding instrument. These, along with the opening range breakout system, can help you quickly spot the day's trend and dynamic support and resistance long before your standard moving averages have caught up with price intraday.

Average Daily Range Zones:
We believe these zones to be essential to trading, especially with our system. These zones tend to act as areas of major support and resistance as well as give an idea of the projected volatility of the underlying.

Market Momentum Trend Detection:
We paint our momentum analysis directly on your candles. By taking the overall Market Internals + the underlying's Price movement, we can determine areas where we feel comfortable adding risk on or taking risk off.
This will help those that struggle at identifying trends and valid reversals.

All of the default settings are our recommended settings.

  • Please check the Author Instructions Below for how to gain access to our indicators.
Release Notes:
- Minor Bug Fix.
Release Notes:
1.0.1
-Fixed Low timeframe Momentum candle replay bug.
Release Notes:
Bug Fix | Some users were experiencing a "Loop takes too long to execute" error on regular trading hours, on some tickers and timeframes. That was resolved.
NOTE: This error will still display on extended trading hours, since this system is not intended for extended hour use.
Release Notes:
- Added 2 more VWAPs, Weekly and Monthly. These are powerful reactionary levels by giving you a glimpse of how the auction has been moving in the past.
- Added Intra-day Average 4 Hour Range Zones (A4R) For more precise intraday targets by displaying tighter volatility ranges.
Release Notes:
- minor formatting
Release Notes:
-Font Update
-Option to Toggle PT Display

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 TheFinancialCloud 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.

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.

Author's instructions

Gain Access to this indicator Here: thefinancial.cloud/indicators/

Want to use this script on a chart?

Warning: please read before requesting access.