Pivot Point+ Supertrend + EMA + Support/Resistance- LAXMANTAK98
Pivot Point Supertrend with EMA and Support/Resistance Indicator
This custom trading indicator combines the following key components to assist in market analysis and trade decision-making:
Pivot Points:
Pivot points are calculated based on a chosen price source (High, Low, Open, or Close). These levels are used to determine potential support and resistance zones.
Pivot Highs (Resistance) and Pivot Lows (Support) are plotted as labels on the chart for easy identification.
Supertrend Indicator:
The Supertrend is a trend-following indicator that helps to identify bullish or bearish trends.
It uses the Average True Range (ATR) to calculate dynamic support/resistance levels, with adjustable settings for ATR length and multiplier factor.
The trend direction is visually represented by green (bullish) and red (bearish) lines on the chart.
Exponential Moving Averages (EMA):
The indicator plots up to four EMAs with user-defined periods (e.g., 9, 21, 50, 200).
EMAs are commonly used to smooth out price data and identify trends over various timeframes.
Support and Resistance Levels:
Based on Pivot Points, support and resistance levels are plotted using crosses on the chart.
These levels indicate possible price reversal points, helping traders spot key zones for entry and exit.
Visual Alerts:
The indicator includes built-in alerts for trend changes and potential buy/sell signals based on the transition between uptrend and downtrend states.
This combined indicator allows traders to analyze trends, identify key levels for trading, and make more informed decisions by integrating Pivot Points, Supertrend, EMAs, and Support/Resistance in one cohesive system.
Allinoneindicator
Uptrick: MultiMA_VolumePurpose:
The "Uptrick: MultiMA_Volume" indicator, identified by its abbreviated title 'MMAV,' is meticulously designed to provide traders with a comprehensive view of market dynamics by incorporating multiple moving averages (MAs) and volume analysis. With adjustable inputs and customizable visibility options, traders can tailor the indicator to their specific trading preferences and strategies, thereby enhancing its utility and usability.
Explanation:
Input Variables and Customization:
Traders have the flexibility to adjust various parameters, including the lengths of different moving averages (SMA, EMA, WMA, HMA, and KAMA), as well as the option to show or hide each moving average and volume-related components.
Customization options empower traders to fine-tune the indicator according to their trading styles and market preferences, enhancing its adaptability across different market conditions.
Moving Averages and Trend Identification:
The script computes multiple types of moving averages, including Simple (SMA), Exponential (EMA), Weighted (WMA), Hull (HMA), and Kaufman's Adaptive (KAMA), allowing traders to assess trend directionality and strength from various perspectives.
Traders can determine potential price movements by observing the relationship between the current price and the plotted moving averages. For example, prices above the moving averages may suggest bullish sentiment, while prices below could indicate bearish sentiment.
Volume Analysis:
Volume analysis is integrated into the indicator, enabling traders to evaluate volume dynamics alongside trend analysis.
Traders can identify significant volume spikes using a customizable threshold, with bars exceeding the threshold highlighted to signify potential shifts in market activity and liquidity.
Determining Potential Price Movements:
By analyzing the relationship between price and the plotted moving averages, traders can infer potential price movements.
Bullish biases may be suggested when prices are above the moving averages, accompanied by rising volume, while bearish biases may be indicated when prices are below the moving averages, with declining volume reinforcing the potential for downward price movements.
Utility and Potential Usage:
The "Uptrick: MultiMA_Volume" indicator serves as a comprehensive tool for traders, offering insights into trend directionality, strength, and volume dynamics.
Traders can utilize the indicator to identify potential trading opportunities, confirm trend signals, and manage risk effectively.
By consolidating multiple indicators into a single chart, the indicator streamlines the analytical process, providing traders with a concise overview of market conditions and facilitating informed decision-making.
Through its customizable features and comprehensive analysis, the "Uptrick: MultiMA_Volume" indicator equips traders with actionable insights into market trends and volume dynamics. By integrating trend analysis and volume assessment into their trading strategies, traders can navigate the markets with confidence and precision, thereby enhancing their trading outcomes.
All in one [Liubam]Hey tradingviewers!
This is an All in one Indicator for those who can't add too many indicators on your charts. Inspired by ©LonesomeTheBlue "Indicators all in one" script. I found a lot of very interesting scripts on the public library and I decided to make a tool with some of the greatest IMO, adding some modifications to improve the indicators. With this tool you can plot 1 of 6 different indicators by selecting it from a drop-down list (on the indicator settings).
All the credit goes to it's respective owners (taggeds).
THIS INDICATOR INCLUDES:
1. Classic RSI with some OB/OS tools:
The relative strength index (RSI) is a popular momentum indicator displayed as an oscillator (a line graph that moves between two extremes) that measures the magnitude of recent price changes to evaluate overbought or oversold conditions, in other words it shows signals about bullish and bearish price momentum. I added some visual improvements to help you finding the OB/OS zones.
2. Classic CCI with some OB/OS tools.
The Commodity Channel Index (CCI) is a momentum-based oscillator used as market indicator to help determine market movements that may indicate buying or selling. Added some vistual improvements to the chart.
3. ADX and DMI oscillator with the keylevel coded by @console:
The Average Directional Index (ADX) is non-directional indicator used by some traders to determine the strength of a trend. When the ADX line is rising (Above the keylevel) trend strength is increasing, and the price moves in the direction of the trend whether up or down. Otherwise, low ADX (Below the keylevel) is usually a sign of accumulation or distribution (Range). Non-trending doesn't mean the price isn't moving. It may not be, but the price could also be making a trend change or is too volatile for a clear direction to be present.
Suggested settings of the keylevel is 23-25.... REMEMBER: The trend may be your friend.
4. MFI
The Money Flow Index (MFI) is a technical oscillator for identifying overbought or oversold signals in an asset. Unlike conventional oscillators such as the RSI, the Money Flow Index incorporates both price and volume data, as opposed to just price. It can also be used to spot divergences which warn of a trend change in price.
5. Stochastic:
A stochastic oscillator is range-bound, meaning it is always between 0 and 100. This makes it a useful indicator of overbought and oversold conditions. Traditionally, readings over 80 are considered in the overbought range, and readings under 20 are considered oversold. However, these are not always indicative of impending reversal; very strong trends can maintain overbought or oversold conditions for an extended period. Instead, traders should look to changes in the stochastic oscillator for clues about future trend shifts. I added some features for this popular indicator to show the stochastic crosses.
6. The famous Squeeze momentum Indicator made by @Lazybear:
This is derivate of John Carter's "TTM Squeeze" volatility indicator and its very strong when using with trending indicator such a ADX. Black line (or no-line) on the midline show that the market just entered a squeeze ( Bollinger Bands are with in Keltner Channel). This signifies low volatility , market preparing itself for an explosive move (up or down). Gray line signify "Squeeze release". Mr.Carter suggests waiting till the gray line after a blackline, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes.
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This script is source code protected, but you can add to your favorite list to use it. Also you can add twice to use 2 different indicators at the same time (E.g. Squeeze Momentum Indicator + ADX)
An additional indicator I made (MA Hunterz + InfoPanel) is needed to not miss good entry points.
Your valuable comment and feedback is much appreciated...
And remember indicators can be really helpfull but always use Price Action.
