CPR, Opening Range & Candle Mid Points. To display midpoints of candle sticks, you need to set the visual order of chart ( send to back )
The above indicators is based on Central Pivot Range, Details as to how to use it. 1.Strictly use 1D timeframe for analysis, sometimes you can use 1hr tf too. 2. R1(Redline) and S1(greenline) acts as resistance and support. When you see a trending stock, you can always buy when the stock retraces to the CPR range with R1 as first target and vice versa.
Divergence Indicator... Works pretty well, Use with caution as it does amend itself depending on market whale activity. 1hr, 4hr and Daily good for macro movements. Should be used a supplemental indicator to your over all strategy NOT as a entry exit. Have fun :) Made by someone else, but has been tweaked with better settings
This Script comes straight from PivotBoss Masterclass. Script calculates compression and expansion of prices. ADR is calulated for user defined period and it is compared over 10 period. If the prices goes over 125% of average ADRin the look back period then current price is over expanded and reversal is in the corner. When Prices falls below 65% of average ADR...
This is the new pivotboss pivots calculations and also has Camarilla Pivots . User can define which time frame pivots they want to see starting from Hourly, Daily, weekly and monthly. Added labels for each levels. So that user can calculate potential profit targets. This script also includes Hourly and Daily OHLC with labels. Added Developing mid point of the...
A simple way to find Higher Highs and Lower Lows (HH and LL) whit automatic Fibonacci Lines in the most common levels. In this indicator the Higher Highs only happens when a high value are rising from each other in the last "Length of Real Pivots" highs and the next same number of highs are falling in every single bar. The Lower Lows are inverted, LL only...
Add alerts to renko charts to be notified when: new brick brick up brick down direction change direction change up direction change down Also shows pivots based on brick reversals. Alerts also available for: pivot breakout pivot high breakout pivot low breakout You can hide the plots for pivot high/low and breakouts in the style tab...
Hey Awesome Traders I noticed people were so happy with my ZigZag lucemanb script and so I made one that is more user-friendly and customizable Please note the original one is dedicated to developers, The code is very minimal for fast understanding when anyone wants to use it in their development In this script, I have included several features like...
The Central Pivot Range (CPR) is one of the most versatile price-based indicators available to traders. ... At any given time, the range can be support or resistance, it can forecast trending or sideways price behavior, dictate the day's direction, or serve as an integral part of a trend. Keep in mind that depending on the market’s behavior, the formula for TC...
Pivot Points Based on Fibonacci numbers. Based on the Pivot indicator on NinjaTrader.
This Indicator has to be used as a censorship as under: Do not go long (STRICTLY) when the following is observed: (ie, either go short if any other indicator supports or do nothing) a) If the histogram is lower than the previous histogram; in other words sloping downwards. Do not go short (STRICTLY) when the following is observed: (ie, either go long if any...
Purpose: Weekly - Fibonacci pivot levels and Gann levels calculation and marking on Chart automatically. Mainly expected to use for trading on NIFTY and BankNifty Kindly share your comments and suggestions to improve
The indicator generated by measuring the difference in yield volatility in two directions up and down, is called a Semi-measure of risk. A change in the sign of the difference between two halves of volatility produces a buy and sell signal. The indicator can customize the number of observations. The indicator adds reference Pivot Point level points for a larger...
The Pivot Reversal Study script uses pivot points to create a support and resistance level; based on this levels the script creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines. A configurable trailing-stop and stop-loss is being used to exit an open position. The entry and exit points are visualized in the chart via...
The Pivot Reversal strategy script uses pivot points to create a support and resistance level; based on this levels the strategy creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines. A configurable trailing-stop and stop-loss is being used to exit an open position. How to use The strategy works with all timeframes; the...
This is an interesting application of Tradingview's basic Pivot HL indicator. Pivot Average Indicator takes N number of the most recent Pivot Points (for both High and Low) and computes the average of the pivot points. The average price is then plotted on the chart. The number of pivot points to average is a user defined variable that can be adjusted in the...