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Levels

FIRST 5-MINUTES ZONE AND HI-LO BRKOUTS..!FIRST 5-MINUTES ZONE -------------------------------- This script displays the first 5-Minutes high and low range zone and shades in gray color for identification of the zone. HIGH - LOW BREAKOUT ---------------------------- As we all know that a stock's best breakout level is its previous day's high or low. Hence I designed the script to automatically draw a line when the LTP is near or crossing Previous day's high or Low price, so that we can be sure in taking trading decisions. And added 30-EMA also PR.HIGH BREAKOUT ------------------------ PR.LOW BREAKOUT ------------------------ - hope this may be a little help for you traders for taking decisions. - HAPPY WEALTHY TRADING cheers SANJAY RAMANATHAN
Pine Script® indicator
من ‎sanjay_ramanathan‎
24
B3 Weeklies - Pivot S/RBy request, some more of the levels that I like to see. I find that this works well on gold and crude oil the best. Stocks and ETF's sometimes have weird bars in after hours, and this sometimes destroys the week's levels. Any non liquid jump and back bars will likely not be tolerated by the study and ruin its data. The indexes sometimes work, but I find that the other pivot study I released is better for index futures. Forex hasn't been tested on this particular pivot study as of yet. Feel free to comment with your experiences using this with currencies. This one is designed to show you your current week's action versus last week's action. Fibonacci levels are drawn from the range created by the week before, then offset from pivot HLC/3. These do not reprint so you can trust them to remain the same straight away from Sunday night into Friday's close. On other platforms I can get the next week in future to print as well, showing you where the next week trade levels on Friday before. Maybe I can figure out how to make pinescript print in the right extension, haven't got there yet. Pretty good selection in 12 days of being a member though, so I am psyched how well this is going in TradingView, learnin' more language all the time. Feel free to leave some feedback, and happy to answer any questions. ~B3
Pine Script® indicator
من ‎HammondB3‎
7
B3 Fibonacci Pivot S/RFor my second share, I give you some levels I look at everyday for the ES minis. HLC/3 of the MTF (multi-time-frame) inputs = mean and Fib-levels formed as support and resistance zones. There are some websites that will show you 20 ways to figure out a pivot for the day's intraday workings, and this one always rang true for me. I keep it set at Res=D and Len=3or5 and use on hourly charts. This indicator is capable of doing like a Res=60m Len=8 for a 5m chart or something of that nature if you wish to test it out. I haven't tested it out for tick charts and I have noticed that this is good on index and commodity futures, and not so much other things. Uncanny to me how well this works as reversal awareness for ES. Doesn't mean that one will happen, or if it does that it will have trade-able juice, though it is very important awareness never-the-less. screencast.com
Pine Script® indicator
من ‎HammondB3‎
7