AZV Indicator
AVZ
Market is changing by 4 Factors which are (PVTTI - Price - Volume -Trades- Time
This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .
Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation using RSI as a function with volume as a source .
Price:-
SemiLead indicators such as Aroon Indicator , RSI .
Time and Price Combination :-
Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
![[RS]ZigZag Percent Reversal - Forecast - patterns - labels](https://s3.tradingview.com/s/seTYoI2K_big.png)
https://www.investopedia.com/terms/w/wave.asp
Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .
https://en.wikipedia.org/wiki/Standard_score
https://www.investopedia.com/terms/z/zscore.asp
How to use ?
This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .
Type number of bars on the specified area of the wave ( Bars Of Wave )
How many NO. Bars to get accurate levels ?
1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .
Buying Signal and Selling Signal ?
The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
Release Notes:
AZV
Market is changing by 4 Factors which are (PVTTI : Price - Volume -Trades- Time )
This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .
Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation : Hyper impact .
Price:-
SemiLead indicators such as Aroon Indicator , RSI .
Time and Price Combination :-
Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
www.investopedia.com/terms/w/wave.asp
Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .
en.wikipedia.org/wiki/Standard_score
www.investopedia.com/terms/z/zscore.asp
How to use ?
This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .
Type number of bars on the specified area of the wave ( Bars Of Wave )
How many NO. Bars to get accurate levels ?
1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .
Buying Signal and Selling Signal ?
The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
Market is changing by 4 Factors which are (PVTTI : Price - Volume -Trades- Time )
This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .
Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation : Hyper impact .
Price:-
SemiLead indicators such as Aroon Indicator , RSI .
Time and Price Combination :-
Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
www.investopedia.com/terms/w/wave.asp
Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .
en.wikipedia.org/wiki/Standard_score
www.investopedia.com/terms/z/zscore.asp
How to use ?
This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .
Type number of bars on the specified area of the wave ( Bars Of Wave )
How many NO. Bars to get accurate levels ?
1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .
Buying Signal and Selling Signal ?
The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
Release Notes:
AZV
Market is changing by 4 Factors which are (PVTTI : Price - Volume -Trades- Time )
This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .
Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation : Hyper impact .
Price:-
SemiLead indicators such as Aroon Indicator , RSI .
Time and Price Combination :-
Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
www.investopedia.com/terms/w/wav...
Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .
en.wikipedia.org/wiki/Standard_s...
www.investopedia.com/terms/z/zsc...
How to use ?
This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .
Type number of bars on the specified area of the wave ( Bars Of Wave )
How many NO. Bars to get accurate levels ?
1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .
Buying Signal and Selling Signal ?
The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
Market is changing by 4 Factors which are (PVTTI : Price - Volume -Trades- Time )
This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .
Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation : Hyper impact .
Price:-
SemiLead indicators such as Aroon Indicator , RSI .
Time and Price Combination :-
Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
www.investopedia.com/terms/w/wav...
Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .
en.wikipedia.org/wiki/Standard_s...
www.investopedia.com/terms/z/zsc...
How to use ?
This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .
Type number of bars on the specified area of the wave ( Bars Of Wave )
How many NO. Bars to get accurate levels ?
1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .
Buying Signal and Selling Signal ?
The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
Release Notes:
AZV
Market is changing by 4 Factors which are (PVTTI : Price - Volume -Trades- Time )
This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .
Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation : Hyper impact .
Price:-
SemiLead indicators such as Aroon Indicator , RSI .
Time and Price Combination :-
Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
www.investopedia.com/terms/w/wav...
Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .
en.wikipedia.org/wiki/Standard_s...
www.investopedia.com/terms/z/zsc...
How to use ?
This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .
Type number of bars on the specified area of the wave ( Bars Of Wave )
How many NO. Bars to get accurate levels ?
1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .
Buying Signal and Selling Signal ?
The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
Market is changing by 4 Factors which are (PVTTI : Price - Volume -Trades- Time )
This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .
Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation : Hyper impact .
Price:-
SemiLead indicators such as Aroon Indicator , RSI .
Time and Price Combination :-
Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
www.investopedia.com/terms/w/wav...
Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .
en.wikipedia.org/wiki/Standard_s...
www.investopedia.com/terms/z/zsc...
How to use ?
This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .
Type number of bars on the specified area of the wave ( Bars Of Wave )
How many NO. Bars to get accurate levels ?
1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .
Buying Signal and Selling Signal ?
The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .