For an easy reference to my chart, I have color coded with arrows and line for indicators, filters, S/R lines for fibo, pivot points and moving average.
Refer to the 1 min chart Above:
1. Spud fibo: it will will draw fibonacci retracement and expansion lines in the chart automatically. Spud Fibo uses previous day’s High and Low to draw those line.
-For retracement it used a yellow line with retracement at 23.6, 38.2, 50, 61.8 and 76.4.
-The previous day high and low is in white line.
-An expansion of 126.6, 138.2, 1.50, 161.8, 176.4 and 200 with a white line.
-A negative expansion which is drawn below the previous day low with a white color line has the following numbers; -23.6, -38.2, -50.0, -61.8, -76.4 and -100.
-Daily: pivot point (Pp) is drawn as magenta dot line.
Support(S1, S2 and S3) is in lime green dot line
Resistance (R1, R2 and R3) is in red dot line.
-Weekly: pivot point (Pp) is drawn as agua dot line. The resistance and support level is not drawn.
-Monthly: pivot point(Pp) is drawn as peach dot line.
3. Bollinger Bands. The outer lines are in green in color with middle line i.e the 20 sma is in green if the RSI is above 50 and in yellow if RSI is below 50.
-The 6 and 12 ema is not shown in the chart but if 6 ema cross over the 12 ema from below i.e buy signal, a big hollow arrow in blue color will appear and consequently if 6 ema cut the 12 ema from above i.e sell signal, a big hollow red arrow will appear.
-An aqua color small arrow pointing upward indicate that 6 and 12 ema cross over the 50 sma from below (confirm buy). And a yellow red small arrow pointing downward indicates the 6 and 12 ema’s cross over 50 sma from above (confirm sell).
5. The filters: a-The FxPrime filter is not shown in the chart.
b- The Stealth LCD is shown at the bottom of the chart with red color is bearish and green is bullish.
c. The Stealth Buy & Sell is shown by the small arrow. An upward pointing lime green arrow is a Buy and a downward pointing red arrow is a sell.
