gaps&wicksA means for tracking price ranges for gap up/down and longer buying/selling tails. This may have some value for buying/selling opportunities based on the relative significance of the range. The look back period is adjustable and works for any time frame. If you have any success using it leave some feedback.
-Squam
Pivot
Monthly Weekly Daily Hourly CLOSESDraws horizontal segments where the last Monthly, Weekly, Daily and Hourly closes are.
Easily identify current price relative position to these key prices.
I use it as a kind of pivot points and help me with trend following entries: longs if up from last close, shorts if down from last close.
Monthly: red line (MMMMM)
Weekly: orange line (WWWWW)
Daily: yellow line (DDDDD)
Hourly: white line (HHHHH)
//Original idea from "Key Levels
Support & ResistanceThis indicator detects large swings/pivots in historical price action to highlight tops and bottoms which might act as future levels of support or resistance. The code by default detects the last 3 significant swing highs and the last 3 swing lows. It then places lines on the chart to highlight those levels.
For a full overview of the indicator and code commentary visit the backtest-rookies (.com) website.
Example
MG - Multiple time frame pivot alert - 1.0Indicator currently allows pivots from two time frames (ideally a trading time frame and a higher time frame) to be specified.
In the example, the 1H time frame is being used for entries using the 4H time frame (8 candles pivot width = 2 4H candles) as the trading time frame and the daily chart (48 candles pivot width = 2 daily candles) as the higher time frame.
This allows one to visually higher time frame Fibonacci swings and allows them to accurately perform Fibonacci analysis without having to switch to a higher time frame
Fork Handles by @treypeng
Candle based indicator that shows swing highs and lows (pivots).
It draws an up or down arrow for simple three candle 'single' swings.
For stronger five candle 'double' swings, it colours the candle. Good for highlighting stronger reversals.
Both of these stylings can be toggled on/off individually.
Default colours
Swing HIGH on an UP candle: bright green
Swing HIGH on an DOWN candle: bright red
Swing LOW on an UP candle: blue
Swing LOW on an DOWN candle: brown
Double swings are grey or white.
Regular candles are just kept to your own default colours as specified in the chart settings.
👏 for anyone who gets the 'fork handles' joke reference.
Kozlod - Pivot Reversal Strategy Alerts V2Its' new version of previously published Kozlod - Pivot Reversal Strategy Alerts
Indicator now better correspond to original strategy. However, there can be some differences. Problem is that it's pretty tricky to implement in plain PineScript same "stop" logic used in strategy.entry of the original script
Swing IndicatorThis indicator provides some base code for looping over data to identify swings in price action. Full code commentary can be found on the backtest rookies website.
The indicator shall allow users to "analyse" a recent historical candle to detect whether it was a swing point. This will work by inputting a number to select which historical candle you want to check. The indicator will then check all candles after it until the current candle. It shall also check the same amount of candles before it. If the candle analysed has the lowest low or highest high in the complete range, then we know it was a swing point.
[Study] Pivots EMA Stoch SetupUsing daily pivot, if price is greater or under the four EMAs, and if we have a stoch signal, then we have an entry/exit condition.
Hybrid Pivot Zones [DW]This is an experimental study designed to identify potential areas of support and resistance using a hybrid between Camarilla and Fibonacci pivot calculations.
The levels are calculated by taking 110% of the previous interval's range multiplied by 8.33%, 16.67%, 25%, 50%, 61.8%, 78.6%, 100%, 127.2%, 141.4%, and 161.8%, then adding them above and below the interval open.
Custom bar colors are included.
Pivot alerts by Funded-TraderThis indicator draws Standard Pivot Levels on all products on all timeframes.
The P Pivot is included, and it goes as far as R3 and S3, as pivots 4 and 5 are rarely reached in the market.
This indicator differs from the "Standard Pivot" published by TradingView as this can be used to set-up an Alert: just add a new alert, pick "crossing" and in value pick "Pivot Alerts"
I have chosen a neutral colour Orange for all pivot levels.
Pivot Point Moving AveragesThis indicator contains two simple moving averages that is calculated from the pivot point rather than the closing price. This indicator is described in detail in chapter 6 of the book Candlestick and Pivot Point Trading Triggers: Setups for Stock, Forex, and Futures Markets by John L. Person.
Daily Deviations (Self Input Version)
Plots the standard deviation resistance/support levels.
Input the previous settlement price and the implied volatility.
credit to u/UberBotMan and u/Living_Granger for the idea and formulas
(preview example is using settlement of 2420 and IV of 11)
Multi-Day VWAP V2Updated from V1.
Chart the multi-day Volume Weighted Average Price ( VWAP ). Normally, the VWAP is tracked for the current day, from the first bar of the day (regular or extended session). The VWAP shows the current value of:
-> sum(hlc3 * volume , barsForDay) / sum( volume , barsForDay),
-> where 'barsForDay' is the total number bars that have elapsed during the day for the chart interval.
The multi-day version tracks the VWAP for N days back, by averaging the previous N - 1 day bars VWAP and the current VWAP for the current bar (chart interval).
This is very different that simply using a volume weighted moving average , since the closing VWAP values are used for the historical day bars. The results are interesting for intraday trades... especially for values of 1, 2, 3, 4, and 5 days.
Version 2 includes the closing VWAP for the previous day. There are enough instances where the price chooses to bounce from the previous day's closing VWAP value that it is worth discussing. Usually this value is at or near the daily pivot, but sometimes not. Circled in the chart are some areas of recent SPY bounces on the previous day's closing VWAP.
It seems that when the 5-Day VWAP and normal VWAP have "enough" percentage separation, that there can be good intraday swing opportunities using bounces off VWAP indicators. This is similar to waiting for Hourly/Daily/Weekly/Monthly/etc pivots to have "enough" separation to allow for swing setups. When pivots are "closely" spaced, odds are the price is range bound for the time period (daily range in the case of day pivots, etc).
Previous closing VWAPs can be plotted for all 5 of the original. As with my other scripts, I welcome all comments to spark new ideas that we can all benefit from.
Enjoy.
Heiken Ashi Pivot Blue Candle over Regular CandlesThis mixes Heiken-Ashi with regular candles by adding blue candle to regular candles. A blue candle appears anywhere that you are going from red Heiken-Ashi to green Heiken-Ashi. Also, black candles appear anywhere that you are going from green Heiken-Ashi to red Heiken-Ashi.
[naoligo] Pivot Points (Daily)Suporte/Resistência do Pivot diário para gráficos intraday
Marcação do S/R tradicional e S/R Fibonacci
Daily Pivot Point Support/Resistances on intraday charts
Both Traditional and Fibonacci methods plotted
Operación con Pivotes V.1.0 -BETA-Permite identificar puntos pivote diario, semanal y mensual e implementa la estrategia de Day of Reversal con RSI para identificar puntos de inflexión (compra o venta) en los instrumentos.
[PW]D/W/M/Y pivots with S/R levelsI could not find a pivots script that was entirely to my liking on TV so I re-worked this from the ' Shifted Pivots V1' script by RicardoSantos.
You can choose which timeframe pivots you would like to display from day, week, month, and year.
You can also choose how many levels of S/R you would like to show.
