[AU] Price Action Levelsv2a
Price action levels for multiple timeframes with standard alignment and offset options using modulus for stagger and spacing
1hr, 4hr, D, 3D, W, M, Quarter, Year timeframes and levels available
Based upon Long term levels by scarf()
Levels
Candle (High/Low/Close)-MTF [Anan]
Hello Friends,,
This is just multi time frame candle plot (High / Low / Close) on your current chart resolution.
Southnjes - Auto Fibonacci LevelsI obtained this script elsewhere and modified it. Original Script by "borserman". Thank you for this.
I added some extras that he did not have, hence the uploaded and modified version.
I tried to add this to my "Southnjes- Multi 5MA/5EMA crossover signal + RSI/MACD/STOCH Div signal + Bollinger + Candlestick signals." But there were too many outputs so it had to go separate.
Anyway. You can change the "Fib period" to get the positions you need on the levels. Default is 100 but I will change mine to 25/50/200 and sometimes 180 or 220 which gives me my needed highs and lows for calculations. Play with it as it only takes a minute or so to get the desired H/L.
Golden pocket is mapped in golden.
Green is up, Red is down.
Higher Fib levels can be turned off or on (1.272-3.618).
I hope you all enjoy it and again, don't forget to visit borserman for his other great scripts. :)
THD MTF Support & ResistanceThe TradersHelpDesk MTF support and resistance identifies the support or resistance on multiple timeframes.
Auto Fibonacci Retracement Levels A Fibonacci retracement is a popular tool that traders can use to identify support and resistance levels, and place stop-loss orders or target prices.
The indicator connects any two points that are relevant, a high and low point.
The percentage levels provided are areas where the price could stall or reverse.
Levels should not be relied on exclusively. For example, it is dangerous to assume the price will reverse after hitting a specific Fibonacci level. It may, but it also may not.
Fibonacci retracement levels are most frequently used to provide potential areas of interest. If a trader wants to buy, they watch for the price to stall at a Fibonacci level and then bounce off that level before buying.
The most commonly used ratios include 23.6%, 38.2%, 50%, 61.8% and 78.6%. These represent how much of a prior move the price has corrected or retraced.
Previous OHLC LevelsQuick dirty code for personal use. Plots previous OHLC levels based on a selected time-frame on the chart.
Not bad if you want to see different time-frame levels.
Fill function can serve to highlight the daily range (high-low or open-close) on non-standard charts
Uses base code from JayRogers
Period LevelsThis script is a cleaned up version of "Previous Period Levels". It shows only open, high, low, and close levels. There is an adjustable 'lookback' variable. It defaults to '1' to show the levels from '1' period ago. The currentOpen variable defaults to '0' which shows the current period's open level.
[CE]LevelsThis indicator is designed to show you simple Support & Resistance levels, it also has VWAP built in.
Pivot LevelsThis indicator automatically plots 3 important "Pivot Levels" to watch when day trading.
This simple but effective tool plots out important levels from the prior trading day, and updates every day. I noticed that significant levels such as the close, the high, and the low from the prior day often serve as important support/resistance levels in the future.
The previous day high is displayed as the green line, the close is displayed as the white line, and the low is plotted as the red line.
Enjoy!
Synthetic Levels indicator v.2.0“Synthetic Levels” Indicator 2.0
Class : graphic patterns
Trading type : reversal trading
Time frame : any
Purpose : detection of levels
Level of aggressiveness : standard
The “Synthetic Levels” indicator is designed to determine synthetic levels both support and resistance.
Synthetic levels are price zones where the most likely prices will change direction, but these zones are not obtained by determining chart patterns, they are the result of specific calculations.
Levels are determined based on a unique author's algorithm, which includes the most common techniques for determining levels: pivots, fractals, fibo levels, as well as extreme points approach.
By processing and comparing the values of support / resistance levels generated by different technics (see the list above), the “Synthetic Levels” indicator determines the actual price parameters of the support / resistance levels, as well as their power at a particular point in time.
The “Synthetic Levels” indicator displays three variants of support and resistance lines, which allows the trader to independently regulate the level of aggressiveness of the trading strategy, and can also can be used to build new trading strategies based on averaging and Martingale.
The information provided by the “Synthetic Levels” indicator can also be used to determine entry points (sell from resistance levels and buy from support levels), as well as to determine stop-losses and take-profits. Stops for buying are set below the support levels, and for sells - above the resistance levels. Profits for buys can be placed near the resistance lines, and for sells - in front of support lines.
The level power (displayed as a numerical value from 1 to 4 near each level line) allows to determine the trade volume of the position. The higher the power of the level is, the more aggressive the volume can be entered into the transaction. The power of a level is determined by the number of coincidences of the values of the levels calculated by different techniques. For example, if at some point the calculated values of the support level based on the “Pivots” technique turned out to be equal to the values obtained by the “Fractals” technique, the level power will be 2.
!!! IMPORTANT !!! Although the level looks like a line, that is a specific price, but in fact it is not so. The level line is rather a starting point for the formation of a price zone where prices will change the direction.
To detect trend activation points “Synthetic Levels” indicator 2.0 has double signal block: the first determines the medium-term market sentiment to the asset; the second is responsible for assessing the current market sentiment.
Structure of the indicator
Indicator consists of the following elements:
- Support lines incl. their power – 3 blue lines. Each of them displays variant of support line. The power of the level is displayed near the level line.
- Resistance lines incl. their power – 3 red lines. Each of them displays variant of resistance line. The power of the level is displayed near the level line.
- trend line – is designed for color indication of the current dominant tendency. If the color of the signal line is red, it means that the downward trend prevails, blue is for upward, and green is for flat. Accordingly, the trader should adjust his/her actions based on this information: search for sell opportunities and not buy if the line is red; search for purchases and not sell if the line is blue.
Parameters of the indicator
To configure the indicator, the following parameters are provided:
- Fibo period (default value - 34) - period for determining the Fibo lines. The higher the value is, the deeper the Indicator will dig in past prices.
- Period to calculate levels (default value - 13) - period for determining the levels used by Extreme points approach. The higher the value is, the deeper the Indicator will dig in past prices.
- Error in pips (default value - 10) – size of the price zone where levels are treated as the same ones.
- Trendline period (default value - 44) - period for determining the medium-term trend. The higher the value is, the more conservative the perception indicator of a trend will be.
- Trend period (default value - 13) - period to determine the current trend. Responsible for the level of trade aggressiveness. The lower the value of this parameter, the more signals the indicator will generate and vice versa.
- Trend error in pips (default value is 1) - this parameter is used to control the frequency of the signals. The lower it is, the more signals the indicator will generate.
Long Term Levels (4h, D, W, M, Q, & Y)This shows and labels the highs and lows from the previous 4h, daily, weekly, monthly, quarterly and yearly session. By default it only shows weekly, monthly and yearly. It also has an option to use small labels (M vs Monthly High) to save your eyeballs. You may need to adjust your charts right hand margin to see them properly.
Everything is shown in very tasteful shades of blue. For a faster loading version of this check my other indicators.
SFL Daily ATR levelsAn indicator that plots the daily ATR upper and lower levels on a chart.
This is a TradingView re-write from Trader Dante's dATR indicator.
Year Open Price LevelAn utility tool that plots a dynamic level using the opening price of each year on the chart.
Allows to highlight the change in the price relative to this level.
Keltner ZonesThis is an indicator that draws support and resistance zones / levels based on price action in and around Keltner Channels.
There are 3 different modes;
Draw zones based on price breaking the upper band
Draw zones based on price breaking the lower band
Draw zones if price stays within the bands for a prolonged period of time.
You can also decide if you want the indicator to paint zones or levels. The Zones can grow rather large if there is a volatility shock since they are drawn using the true range around the trigger price.
Upper Band Zones
Lower Band Zones
Congestion Zone
[RS]ZigZag Percent Reversal(Multiple) - Forecast Areasnaive level forecasting of multiple zigzag's
based on this principle:
2R overlay positive biasHere is a pretty clean 2R - risk reward assessment that is overlaid on the price action. Positive bias, kind of lazy on the release but you can edit to change look back period or drop into one of your indicator edits as another metric for trade risk. If this helps drop a comment or thumbs up.
-Squam
