Advanced Premium Indicators List

Premium Indicators are exclusive to our Expert Plan users and are designed to enhance your trading experience by providing deeper insights and advanced risk management tools. In this article, we'll delve into each Premium Indicator, explaining it so you can make the most of these powerful features.

Time indicators

Current Date Time

• Description: This indicator returns the current date and time in milliseconds. You can use for eg to check how much time passed since opening a position or since the last order in a position.

Position indicators

Average Entry Price

• Description: The 'Average Entry Price' indicator computes and provides the average entry price for all entry orders when an open position exists. In the absence of an open position, it will display a value of 0. Be sure to incorporate a condition check to ensure the value is non-zero, thus preventing the inclusion of erroneous data in your analysis.

Entry Date Time

• Description: This indicator returns the Position entry date time in milliseconds.

Entry Orders Count

• Description: This indicator counts the number of entry orders within an open position, helping you track the complexity of your trading strategy.

First Entry Price

• Description: The First Entry Price indicator returns the entry price of the initial entry order in an open position. If there's no open position, it returns 0. Always verify that the value is not 0 to avoid misleading data.

Last Entry Date Time

• Description: Similar to Entry Date Time, this indicator shows the date and time of the last entry order in your open position, helping you track your trading history. If there's no open position, it returns 0. Always verify that the value is not 0 to avoid misleading data.

Last Entry Price

• Description: If there's an open position, this indicator returns the entry price of the most recent entry order. When no position exists, it returns 0. Ensure you verify that the value is not 0 to prevent misleading information.

OrderBlocks - custom implementation by Vestinda and Alex Hobincu

OrderBlocks Channel Lower

• Description: The OrderBlocks Channel Lower indicator returns the lower boundary of the OrderBlocks price channel, aiding in price range analysis. When this channel is broken, the trend turns bearish and new Bearish Blocks will be created.

OrderBlocks Channel Upper

• Description: The OrderBlocks Channel Upper indicator reveals the upper boundary of the OrderBlocks price channel, aiding in price range analysis. When this channel is broken, the trend turns bullish and new Bullish Blocks will be created.

OrderBlocks Last Bearish EndTime

• Description: The EndTime of the bullish candle that produced the last bearish order block. You can use this to see how much time it passed since the last Bearish Block created. You can also check if the last block is a bullish or bearish one by comparing this with the OrderBlocks Last Bullish EndTime.

OrderBlocks Last Bearish High

• Description: Here, you can find the high price of the bullish candle that produced the last bearish order block. Usually traders can use this price as a resistance level - and when the resistance level is broken the Bearish Block is invalidated and we may see a trend reversal.

OrderBlocks Last Bearish Open

• Description: This indicator returns the Open Price of the bullish candle that produced the last bearish order block. Usually traders can use this price as a resistance level.

OrderBlocks Last Bullish EndTime

• Description: This indicator provides the EndTime of the bearish candle that produced the last bullish order block. You can use this to see how much time it passed since the last Bullish Block created. You can also check if the last block is a bullish or bearish one by comparing this with the OrderBlocks Last Baerish EndTime.

OrderBlocks Last Bullish Low

• Description: The Last Bullish Low indicator shows the low price of the bearish candle that produced the last bullish order block. Usually traders can use this price as a support level - and when support level is broken the Bullish Block is invalidated and we may see a trend reversal.

OrderBlocks Last Bullish Open

• Description: This indicator shows the Open Price of the bearish candle that produced the last bullish order block. Usually traders can use this price as a support level.

Smart Money Concept - Implementation from LuxAlgo

This indicator provides Demand and Supply levels with the implementation from LuxAlgo

https://www.luxalgo.com/blog/smart-money-concept-indicator-for-tradingview-free

Smart Money Concept Demand Block Bottom

• Description: This indicator reveals the bottom price of the Demand Order Block, offering insights into demand-based support levels. When this level is broken, the support weakens and it can show a trend reversal.

Smart Money Concept Demand Block Top

• Description: By providing the top price of the Demand Order Block, this indicator offers the first level of support.

Smart Money Concept Supply Block Bottom

• Description: This indicator returns the bottom price of the Supply Order Block. This acts as a resistance.

Smart Money Concept Supply Block Top

• Description: This indicator provides the top price of the Supply Order Block. When this is broken, the resistance weakens.

Conclusion

With Vestinda's Premium Indicators, you gain access to a comprehensive suite of tools for refined trading and risk management. Utilize these indicators to build more sophisticated algorithms and make well-informed trading decisions. Incorporate them into your strategy, and you'll be better equipped to navigate the dynamic world of trading. Happy trading!