How to Check Your Trading view username.
This is your Trading view id.
Alternatively: Go to trading View click on top most left hand side as shown and then click on profile
How to check If you have indicator access.
Click on Indicators and then go to invite only. If you have got access you will see indicators as shown below. If
indicator is giving invite only error logout and log back in in your trading view. For any other issue comment.
How to use indicator
Free trading view account provides facility of adding only two indicators. So, make sure you have either free
template or can add one more indicator.
Ghosttrades_OPTIONS ZONES Indicator is specifically for options and should be avoided for checking levels in
future.
GHOSTTRADES ZONES Indicator is the one which should be used for checking Daily,Weekly,Monthly levels in
stocks / Stock futures / Index.
Once the indicator is added to chart the very first screen will look like below image.
User has to go to Indicator settings to make changes as per his requirement. Below is screen Print of Indicator Setting
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Below is explanation for each Header.
How to Hide Disclaimer
User can hide the disclaimer screen by unchecking the Box.
Enabling / Disabling Zones:
By default, in TF1 , Daily is selected with History on/ Off Option box as unchecked.
From drop down given user can make changes to TF of his choice. The available option are (4H,Weekly,Monthly,Quarterly,Halfyearly and None)
Blue and Black Candles
Blue candle denotes major buying volumes and Black candle means major selling Volume.
💡 Focus on Blue and Black Candles In 3 Min TF. Draw High and low for same. look Buy opportunity when Blue candle formed and look Sell
opportunity in case of black candle formed (exception see below). One can get good scalp with Small S/L.
When Blue candle is formed in/ near Supply or Supply Target zones Buying should be avoided in first attempt (specially in Index and
Crude). Buying should be considered Only on retracement and breakout is made on chart.
When Black candle is formed in/ near Demand or Demand Target zones Selling should be avoided in first attempt (specially in Index
and Crude). Selling should be considered Only on retracement and breakdown is made on chart.
💡 look always look for sell opportunity (Works very good for BNF) once its low broken with previous candles high as S/L.
We call it exhaustion signal. Very small S/l and big target you can target. If instrument is in Big uptrend avoid to take trade.
Usage of Zones
💡 This indicator plots 4 Zones once the market opens. Demand and Supply zones are non-repaint Zones. Once the zones have
been formed, they will not change Irrespective of Timeframe selected.
Indicator plots 💡 Supply Zone, 💡 Supply Target Zone, 💡 Demand zone, 💡 Demand Target zone as Per Time Frame selected in TF(x) selection.
You should have basic knowledge of supply and demand concept. A key concept of technical analysis is that when a resistance or support level is
broken, its role is reversed. If the price falls below a support level, that level will become resistance. If the price rises above a resistance level,
it will often become support.
💡 Supply Zone:
As the name suggests it’s the area where most probable supply is expected. When for very first-time price comes to supply zone most of the
times it will reject and give you good down move. S/ l in this case is a 3 min candle close above Zone.
If supply zone has been broken and sustained for some period that will become demand zone. (Labels and levels don’t get changed once they
have been formed)
It’s not always that you will get zone to zone trades. You should back test and hold as per results.
💡 Demand zone
As the name suggests it’s the area where demand is expected to come and probability of price bouncing from this Zone is High. Whenever price
comes to demand zones most of the times the probability is that buyers will come in and push prices up.
If Demand zone has been broken and sustained for some period then it will become resistance. (Labels and levels don’t get changed once they
have been formed) .
One should check previous zones levels as well. these acts as support / resistance.
4H : For Checking Short period Zones (Which is of 4Hrs). mainly for Intraday (Works on any Instrument). Where scripts like Crypto which
are 24/7 there it helps user to see short period zones for finding trade opportunities.
Daily For Intraday trading mainly
Weekly For Swings / Short period trades. Or for Making Weekly Option Strategies.
Monthly For Swings or little longer period trades.
Quarterly For Long-term holding or making investment.
Half Yearly For Long-Term Holding or for Investment Purpose.
The labels will Clearly Show which Time Frame is selected. 4H, D, W, M, HY followed
by Zones Name.
User can plot 3 different Timeframe Zones of his choice in this single Indicator.
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1. In Zones section If user wants to disable zones labels, user can do so by unchecking Show Zone Labels.
2. Checking Show Weekly Range table will bring a table on chart like below.
User can keep table on chart as per his choice. Unchecking the box will disable the table on chart. The other setting for Weekly range table can be
found by scroling down in Indicator Setting section.
The Purpose of this table is
1. User by changing TF can not see exact weekly range for Different Indexes as we
have different weekly expiries on different. User by selecting Weekly Expiry Day
from drop down gets correct Weekly range.
2. The upper Part of table shows Weekly High – Low and historical average range
for selected Instrument.
3. The Bottom portion of table is Open – Close and Historical Open – Close for
instrument.
4. With this user gets and idea that how much move (probable) is pending in that
weekly expiry as per historical trend.
5. The panel position option give user to change position of table on chart.
6. Show Expiry OHLC shows weekly OHLC callout
3. Golden and Cyan Lines act as support and resistance. If price is above these lines, Lines will act as Support and in
case Price is below these lines then it will act as resistance. User has option to enable / Disable. If Show Support /
resistance Lines box is unchecked Lines on Chart will disappear.
4. If Vwap/ Mvwap checkbox is enabled Vwap will get plotted on chart in yellow color and Mvwap in violet color. For
Mvwap user can define period as per his choice.
5. User gets a table by default in center of chart which has VIX symbol by default (INDIAVIX) to check volatility
movement. The table also provides probable hourly and
Daily movement. Good for indexes not to be used for stocks. User can disable it by unchecking the box. The font
size and position of table can be controlled from section by scrolling down.
6. Volume table: This table shows the volume as per Chart TF. By default, 7 rows are there. User has option to enable
/ disable as per his choice. Buyer Higher volumes denoted in Green
and Sellers in yellow. The setting section can be found down by scrolling from where user can change position, font
size and number of rows in table along with color of cells as per his choice.
7. Magic line up and Down: In Addition to Zones If user wants to get additional Support / resistance he can do so by
enabling the Up (Resistance) Down (for Support) Magic lines. The Light Blue Lines with + sign is resistance and
Red color + sign is for support line. User can keep either one or both as per his choice.User can disable the line
plotting by unchecking both boxes
1. User has an option to
plot Moving averages of
his choice as shown in
image.
2. 3 Moving averages at a
time can be plotted on
chart with an option to
have MA of Open, high,
low or close along with
user choice of Higher
time frame MA on lower
TF.
3. By checking Check box of
Length, Type and
Timeframe user can
identify with help of
labels that which color
MA on chart is for Which
Period MA.
4. User has option to enable
all or MA of his choice by
checking / unchecking
the corresponding boxes.
8.
9. Super Trend: User has been given choice to plot 2 super trend as per his choice. He can enable both
or single Super trend by checking boxes as given in below image.
10. User can also plot Fibonacci based Pivot on chart. By default its Day based however user can
change to weekly, Monthly as per his choice. By default values shown below are plotted. User can
customize as per his choice by changing the number in the corresponding section.
11. The number in Red / Green at last candle of chart is nothing but the RSI value of Period 14.
User can enable /disable by checking / unchecking the same at last of indicator setting .
12.
The position of Logo on chart can be changed by selecting values from drop down
Strategies that are commonly used
PDF is shared with examples for strategies commonly used. Hope this PDF clears all
doubts on usage and settings of Indicator. If you still have any doubts DM
@manishlohiya11 on telegram. Looking forward a profitable Journey ahead.
