Zeiierman

Fearzone (Expo) - Contrarian Indicator

"Be fearful when others are greedy, and greedy when others are fearful" - Warren Buffett. Fearzone is a contrarian indicator that gives us an indication when fear begins to take over in the market. Traders should be prepared for increased volatility and good trading opportunities.

The Fearzone is visualized with red candlesticks below the price.


This version of the FearZone indicator is slightly different from the one ©kruskakli has published.


HOW TO USE

1. Use the indicator to identify when investors are fearful.
2. Use the indicator to identify potential reversal points.


INDICATOR IN ACTION

1 hour chart



5 min chart



I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!


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Disclaimer


Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.


My scripts/indicators/ideas are only for educational purposes!
릴리즈 노트: Alerts added.

Best
Zeiierman
릴리즈 노트: Improvements!

  • Improved computing performances
  • Minor changes
릴리즈 노트:
  • Minor Changes
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차트에 이 스크립트를 사용하시겠습니까?

코멘트

This is a great script!! The price usually breaks out after the consolidation/fearzone so it's very helpful. Thank you!!
+3 응답
Zeiierman JasonLeighton
@JasonLeighton, Thank you! I'm glad that you find it useful. :)
응답
great indicator mate. thank you
+2 응답
Zeiierman francxisz
@francxisz, Thank you! :D
응답
good job
+2 응답
Zeiierman MaghanSmerick
@MaghanSmerick, Thank you! :)
응답
MaghanSmerick Zeiierman
@Zeiierman, welcome :)
+1 응답
Thanks for sharing
+2 응답
Zeiierman Jayadevmanyapu
@Jayadevmanyapu, Enjoy :D
응답
I think it is a great work
+2 응답
홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 정보 차트 특징 프라이싱 프렌드 리퍼하기 하우스룰(내부규정) 헬프 센터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 라이트웨이트 차팅 라이브러리 블로그 & 뉴스 트위터