Indicator Description

 

This is the part 2 of Rain On Me PRO. It follows my two other indicators “Rain On Me” and “Rain On Me V2”. This version is called “PRO” because it is less “user-friendly” than my two previous versions. However, the indicator loads faster and is cleaner than ever! This indicator is separated into 3 parts. You can find all parts here in the “free indicators” menu or on my TradingView profile in the “Scripts” section. Once the 3 parts are together, the indicator is ready for use.

 

Rain On Me PRO 2/3 in action on a selected financial instrument.

Screenshot from the Rain On Me PRO 2/3 Settings menu.

    Complete list of features included in this indicator:

  • Revisited Support and Resistance: Enhances traditional support and resistance levels for better market analysis.
  • MultiTimeFrame High/Low: Displays high and low points from multiple time frames to assist in decision-making.
  • VWAP by period (Day, Week, Month): Volume-weighted average price calculated over different periods for added precision.

All options come with default settings that can be customized based on the specific market instrument you are analyzing. You can also configure alerts to be notified whenever a new signal is generated by the indicator. These alerts are condition-based, allowing you to selectively enable or disable specific alerts according to your trading strategy.

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