What is a Pivot Point?
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to indicate ongoing...
This is the last indicator that I am publishing maybe for a looong time.
There are few similar indicators even open source out there.
This reads two indices from bitfinex, long and short of BTCUSD (default). then calculates the main Open Interest from the data.
Why did I closed the source? lets just say the open source versions, are a liiiitle wrong in their...
I've created an indicator that :
- Displays the previous day's, week's, month's open on the current period's price action.
- Displays a vertical bar at the daily open. (The first 30-60 minutes from the daily open is commonly where the high/low of the day is made)
- Displays London/NY opens as vertical bars (london close is an option, but I have disabled it by...
Another indicator that shows Open, High, Low, Close on multiple timeframes.
It can be used to discover possible support/resistance areas on lower timeframes.
Other indicators may do the same thing but just added some custom timeframes
This indicator will give you expansion levels of the opening range ( I recommend/use 15 min opening range) to trade futures and stocks. There are two colors used, the Fuchsia(Magenta) colored dots are the opening range added and subtracted from opening price. The Aqua(Cyan) colored dots are the opening range stacked. Like blocks. They are both respected...
trading the week-end gap on monday is a well known trading technique, praised by most and ignored by others
With my script you can easily see where there have been monday gaps and see where these gaps has been closed on monday
If a gap is present the script shows a WHITE SQUARE
if a gap is present and is...
Opening Range Breakout setup for day trading + levels/trends from higher timeframes.
This started from Chris Moody's classic script (), however profit targets have been changed, and new ones are ploted once TPs are broken. Includes candle colors for easier visualization,...