Do you love Fibonacci ratios/levels? Have you ever thought to apply them to individual bars? If you are not familiar with these ratios and their significance, you can read about them here: www.investopedia.com This simple indicator applies Fibonacci levels on the previous bar. This enables the quick determination of how far the current bar retraced relative...
The "Session Fibonacci Levels" indicator is a powerful tool designed for traders who aim to use Fibonacci retracement and extension levels in their trading strategy. The indicator combines Fibonacci levels with customized trading sessions, allowing traders to observe and utilize Fibonacci levels that are automatically calculated for each defined session. This...
This script shows you the Highs and Lows from multiple candels from some different timeframes. They are the 1D, 1W, 4W (a month basically), and 3M (a quater). The indicator offery you many customization option to make it look how you like it best
The Liquidation Meter aims to gauge the momentum of the bar, identify the strength of the bulls and bears, and more importantly identify probable exhaustion/reversals by measuring probable liquidations. 🔶 USAGE This tool includes many features related to the concept of liquidation. The two core ones are the liquidation meter and liquidation price...
The Market Structure (Breakers) indicator aims to detect "Breaker Market Structures", an original concept inspired by breaker blocks, and extend on the original concept of market structures by extending existing MS levels, providing supports/resistances as a result. Various graphical elements are included that highlight the interactions between price and Breaker...
First, we observe the Light Blue Macro Supports and the Pink Macro Resistances. These channels are automatically formed based on market data, identifying pivot points in price history and determining the strength of these levels based on the number of pivot points within these same channels. When the price interacts with the macro Supports, we have a strong...
Hello Traders :) I am Only Fibonacci. My purpose in coding this indicator was to detect support and resistance more easily. What is the working principle of this indicator? This tool detects pivot points. If the length of the sell pin is higher than the length of the buy pin, it is considered as resistance. It detects the formation according to the length of...
Trend Analysis has always been an important aspect of Trading. There are so many important types of Trend Analysis and many times it may be difficult to identify what to use; let alone if an Indicator can/should be used in conjunction with another. For these exact reasons, we decided to make YinYang Trend. It is a Trend Analysis Toolkit which features many New and...
This script plots support and resistance levels for /ES on your chart. This script only works on the /ES symbol in Tradingview due to the string manipulation of the levels. You can input support and resistance levels in the inputs. The example format of S/R levels should be in the following form (comma-separated) If the level is a single point, it will draw a...
The Omega Smart analyst is a tool designed to help traders visualize in a clearer way key price levels on the chart based on the price and the volume. The indicator has some features, including: - Option to customize the colors for all of the tools available to have common aesthetics - Option to choose the length and the sensitivity for all of the tools ...
The script plot upside and down side stop loss using pivot point and trure range. The True Range, representing market volatility, is determined by finding the maximum value among the differences between the previous high-low, high-close, and low-close. The Downside Stop Loss is calculated by adding the True Range to the Pivot Point, while the Upside Stop Loss is...
Pivot Support & Resistance Indicator - DeltaAlgo Concept: The "Pivot Support & Resistance" indicator is designed to help traders identify and visualize key support and resistance levels based on pivot points. It calculates and plots lines representing these levels on a price chart. This indicator's concept is rooted in the idea that pivot points can act as...
Choosing support and resistance can be time consuming and subjective. Personally, I don't want to spend too much time manually marking up charts. Credit to video I saw, forget the producer, that demonstrated how multi-time frame Bollinger Bands can act as support and resistance. I suggest reading up on Bollinger Bands (en.wikipedia.org) and how to trade them. ...
This Indicator dynamically generates and displays on the chart Trend Channels with the pivot points it determines in each market and in each time period. The type of price used to determine the pivot points and create the channels is optional (e.g. close or high, low). It will help you identify your entry points and stop zones and help you take positions, but it...
Our new "Trend Lines" indicator detects and highlights relevant trendlines on the user chart while keeping it free of as much clutter as possible. The indicator is thought for real-time usage and includes several filters as well as the ability to estimate trendline angles. 🔶 USAGE Trendlines can act as support/resistance, with a higher number of tests...
Indicator: XAU/USD Key Levels by PB TradingWorld Version: 1.0 This is a Trading note for XAU/USD Traders. PB believes that Market Makers will try to protect the Key levels on chart, especially those around Swing High and Swing Low. Therefore, the indicator will show where the noticeable prices. It is displayed as follows: Key Levels (Round Numbers): H4...
Description: The Directional Movement Index (DMI) with Bollinger Bands and Moving Averages is a comprehensive technical analysis tool designed to assist traders in identifying potential market trends and reversal points. This indicator combines the power of DMI, Bollinger Bands, and Moving Averages to offer insights into market strength, volatility, and potential...
Description: Support Resistance with Touch Highlight is a powerful technical analysis tool designed to help traders identify key support and resistance levels in the market. Unlike traditional support and resistance indicators, this indicator utilizes a unique approach by considering multiple periods simultaneously, enhancing its accuracy and reliability. Key...