Pivot Points High Low Multi Time FrameHello All,
There are built-in and published Pivot Point High Low indicators in Public Library but as far as I see none of them is for Higher Time frames. so I decided to write & publish this script. I hope it would be useful while trading or developing your own scripts. I also did this to use in one of my future projects (we will see it in a few weeks/months ;) ).
I tried to make all settings optional, so you can play with them as you wish.
P.S. There is no control mechanism if the chart time frame is lower than the time frame in the options. So you better set higher time frame in the options than the chart time frame.
Enjoy!
المستويات والنقاط المحورية
Hide Extended Hours (Candlestick chart)Script adjusts the transparency of extended hours candles, therefore it emphasizes candles of regular trading hours, and it's easier to mark more precise key market levels.
HTF Liquidity Levels█ OVERVIEW
The indicator introduces a new representation of the previous days, weeks, and months highs & lows ( DWM HL ) with a focus on untapped levels.
█ CONCEPTS
Untapped Levels
It is popularly known that the liquidity is located behind swing points or beyond higher time frames highs/lows (in a sense, an intraday swing point is a day high/low). These key areas are said "liquid" because of the accumulation of resting orders, mainly in the form of stop-loss orders. And this more significantly on higher time frames which have more time for stacking orders. As the result, the indicator aims to keep track of untapped levels that have their liquidity states intact.
Liquidity Pools
Once a liquidity level identified, or better, a cluster of liquidity levels work as magnets for the market. The price is more likely to make its way towards heavier pockets of liquidity, by proximity (the closest liquidity pool), and by difficulty (path with less obstacles). This phenomenon is referred as liquidity run, raid, purge, grab, hunt, sweep, you name it. Consequently, the indicator can help you frame a directional bias during your trading session.
█ NOTES
Drawings
Once a level is tapped, it is highlighted. At the end of each day, all tapped levels are cleared.
Magic levelsIt is by far the simplest on chart presentation of Gann square of 9. It calculates the levels based on previous day closing. These levels usually acts as support and resistance.
4C Daily Levels Suite + Premarket High/LowThis '4C Daily Levels Suite + Premarket High/Low' indicator is a clean way to automatically plot important daily levels including:
Prior Day High
Prior Day Low
Prior Day Close
50% level between Prior High/Low
Today's Open
Today's Premarket Low+High
This Daily Levels indicator is unique in its ability to:
-Plot all of the daily level PLUS premarket high/low levels (extended hours must be turned ON)
-Can hide past days levels, only plotting levels on the current day, to keep chart cleaner
-Can extend line levels right or fullscreen
-Plots the level price at each level on the chart
-Can show/hide price levels labels
-Can add supplemental premarket levels plot to show levels being formed during the premarket time period
-Coded with line.new vs plot so dashed lines are available as a style
-Automatically hides the indicator if the timeframe selected is Daily or greater
SEE SCREENSHOT EXAMPLES BELOW
Default mode, with extended hours showing:
With supplemental premarket plot showing:
Default mode without extended hours showing:
Showing past day’s levels
Extend lines to fullscreen
Some parts of this code were adapted from 'pd Levels' by CryptoCurl
ReflexThis script uses the highest high from the current time frame and 4990 period back.
Based on this value and considering that the price has a natural will to breakthrough it, retracments are calculated and draw.
The white line represents a possible next target the price will reach. The grren line the highest price from the current time frame and blue lines the retracemts where the price likely reacts as reflexes in a mirror.
RSI Local TrendA simple indicator using two RSIs.
Conditions for buy:
RSI(slow) < RSI(fast) and RSI(slow) < long_trigger
Conditions for sell:
RSI(slow) > RSI(fast) and RSI(slow) > short_trigger
It is recommended to use in small timeframes for scalping.
Recommended settings:
slow = 3
fast = 14
long_trigger = 30
short_trigger = 70
In markets where there is very high volatility, it is recommended to change the trigger parameters:
long_trigger = 20
short_trigger = 80
FIBIShows Fibonacci waves for a long range and Fibonacci lines for a short range.
For me it helps to identify key levels or confluence on the macro and micro range.
In the example above you can clearly see that the macro waves are in a down-trend while the micro lines are in a up-trend..
Also the price has been rejected at the 78.6 fib mirco line but found support on the 78.6 macro wave.
these situations are hard to find with the default retracement tools
Roof and Floors From Actieve InversionesImagine a Funny and visual way to understand Highest Highs and Lowest Lows. That's the way this indicator was conceived.
The way it Works:
The indicator plots lines in highest highs or lowest lows from a period of "Bars", you only have to set the number of Bars you wanna use and the indicator Makes all the stuff.
This is a Long term Indicator, so it can Show useful Floors or Roofs from higher Timeframes:
Cristal = Five Min Bars
Paper = thirty Min Bars
Plastic = 1 Hour Bars
Wood = 4 hours Bars
Metal = Daily Bars
But wait... There is something better than that...
If The Floor or Roof Brokes, the indicator will plot a dashed line and a label ¨Broken Roof or Floor¨ u can use it to set a Limit Order or Stop Order, and wait for the pullback.
Do you want some useful Advice ? Check the junctions from Floor or Roofs that are overlayed in some level.
Have Fun and good trading!!!
Session LevelsThis indicator plots important session (intraday) levels for the day. It plots high and low of previous day, week, month, 52 week and all time. Also plots the vix range which shows the daily expected trading range of the instrument. These levels acts as important support/resistance for the day.
For example, if price closes above previous day, week, or month high/low it indicates bullish sentiment and vice versa for bearish.
Vix Range plots top, center, bottom line for expected trading range for the day. It is calculated based on the volatility index selected (NSE:India VIX is used by default).
Fair Value Gap█ OVERVIEW
This indicator displays the Fair Value Gap of the current timeframe and an additional higher timeframe. For each FVG the gaps act as targets creating bullish and bearish gaps that are often filled.
█ FEATURES
MTF Options
MidPoint FIll
Delete Old On Fill
Label FVG Timeframe
MTF Options
Enabling the MTF Options will allow the user to use the "MTF Timeframe" setting to choose what HTF Fair Value Gap to display
MidPoint FIll
A line plot at the Half way point will be included in the Fair Value Gap, this will be used to delete the gap when reached instead of a full fill.
Delete Old On Fill
Deletes historical Fair Value Gaps when filled.
Label FVG Timeframe
Labels Every Fair Value gap with there relevant timeframe to make it easier to determine which gap is being filled.
█ HOW TO USE IT
The indicator is quite straight forward in its application, providing users with targets that are often filled as they are seen as market imbalance.
Just applying it to your chart will provide the existing Fair Value Gaps. MTF Confluence is helpful in seeing what is happening on the macro perspective.
█ SUGGESTION
My suggestion for clarity is to use a different color to some degree between the MTF and Current TF as Opposed to text, keeps the chart clear.
█ LIMITATIONS OF PINE (Please read)
I see many users going on different indicators with MTF in mind and trying to use it for LTF data e.g. 1hour chart, and selecting 5min in chart settings.
This is not recommended by the team themselves and should be noted for use always use HTF: www.tradingview.com
To understand how to use fair value gaps I recommend learning about the subject some more, searching online will provide you resources. The internet is your friend when learning. All the best.
Strong, Weak, IntraThis scripts allows user to manual key in strong, weak and instra day pivot lines by entering the input values. It allows easy inputs value to add lines quickly and efficiently.
Round Number ZonesThis indicator shows zones of round numbers for 3 custom symbols like US30, EURUSD or GOLD as lines in the chart. The starting price can also be the current or a custom one and you can configure the increments as well. CAPITALCOM:US30
Percents_0,25%I was watching some videos about price action and saw one covering the behavior of institutions and how it is agressive and defensive in some level of percentage of changing in price.
Curious, I wrote this script and it is realy interinsting how the price is kept or cross some levels.
In this script I chose the 0.25% change as default and 3 EMA of 8, 34 and 144 to help.
The level 0.0 is the ysterday daily closing price, above it the lines show the levels incrising with "pitch" 0.25% in green, bellow it the levels incrising with "pitch" 0.25% in orange.
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Take a look and comment.
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Observation: this script fit better in sessions that have a daily closing price. Indices that close only in weekendas can cause distortions. There is little bug in the last candle, the price 0.0 follow the close price from the current candle. If someone could fix it I thanks.
Zigzag MatrixNothing fancy. Just converted the new matrix library of zigzags ( mZigzag ) into indicator as I sensed it can be useful as indicator.
On top of the standard zigzag, the indicator also tracks given oscillators, moving average and volume indicators on each pivots. More indicators can be added programmatically - but it will take up space in chart. Hence, so far I have only added option to add one per each type (moving average, oscillator and volume)
Settings are as below
ORB-PreDay_PerM_LevelsThis script provides following levels:
1. ORB Level - You can adjust the timeframe of Opening Range (plots from 9am to 4pm)
2. ORB Fib Extension - 1.618 and 2.618 Fibonacci Extension of ORB High and Low (plots from 9am to 4pm)
3. Previous Day High/Low/Close - You can adjust color/thickness of the lines (plots from two days ago so that you can clearly see the levels)
4. Previous Two Days High/Low (plots from two days ago so that you can clearly see the levels)
5. Pre-Market High/Low (plots from 6:30am to 11am)
All in one indicator gives much better clarity of where current instrument is trading in relation to ORB, Previous Day Levels and Previous Two Days Levels along with Pre Market Levels.
You could combine these levels with your favorite EMA or EMA Cloud to create a trading system.
You could combine these levels with MA Cloud and ATR vs DTR script to gauge the move.
Look at the TWTR Chart today and see how these levels are respected.
Support & Resistance Hit CounterAs you enter your desired price, it will count the candles that had a wick crossing that price.
It also plots the max of highs and min of lows of crossed candles.
PClose Levels 2.0This script plots the levels generated via a combination of SPX 2Y Quartiles for everyday, red days, and green days. It is intended for use solely with SPX.
These quartiles are also sorted by VIX averages into bands that expand and contract with VIX.
It gives us an idea of what levels to potentially expect resistance/support fairly well, but is designed to be used in conjunction with other indicators and macroeconomic information.
Green Dashed is your Expected Max Range (EMR+) based on Green Day averages.
Green Dotted is your Expected Range (ER+) based on full dataset averages.
Green solid lines are POS2 and POS1, based on Green Day averages.
White Dotted is your Expected Move (EM), based on full dataset averages.
Red solid lines are NEG1 and NEG2, based on Red Day averages.
Red Dotted is your Expected Range (ER-) based on full dataset averages.
Red Dashed is your Expected Max Range (EMR-) based on Red Day averages.
ICT KillZone [Index futures edition] Guided by new ICT Mentorship I create this versatile timezone or strikezone indicator to identify this without changing timezone (is based on America/New_York timezone, not your current timezone or GMT)
Saty ATR LevelsThis indicator uses the previous period close and +/- 1 ATR to display significant day, multiday, swing, and position trading levels including:
- Trigger clouds for possibly going long/short @ 23.6 fib
- Mid-range level at 61.8 fib
- Full range level at +/- 1 ATR (from previous close)
- Extension level at 161.8 fib
Additionally, a convenient info table is provided that shows trend, range utilization, and numerical long/short values.
This indicator is most beneficial when you combine it with price, volume, and trend analysis. For educational content please check out the indicator website at atrlevels.com.
I am constantly improving this indicator, please use this one if you want to continue to get new features, bug fixes, and support.
MTF Pivots Zones [tanayroy]Dear Fellow Traders,
I only publish scripts that I use and found good for my trading. Pivots are my favorite indicator. I use daily, weekly, monthly, quarterly, and yearly pivots levels. multiple pivot zones are very strong levels and I like to watch these levels for possible price action.
But when I include all pivots levels at a time, my charts get too clumsy. To see price action properly, you need a clean chart. And when we trade we want to see only important levels within the price horizon.
To resolve this, I created this script, which shows important levels within my display option. I control the display option with 14 periods ATR and a multiplier to adjust the display levels.
The following chart displays levels within 14 ATR * 0.5 multipliers. As the price progress, it will automatically add levels and delete levels that do not come within this option.
What levels are included?
I have used traditional pivot calculation and included Daily, Weekly, Monthly, Quarterly, and Yearly pivots with high and low.
What options are available?
You can replace the yearly timeframe with your desired time frame and can adjust the ATR multiplier to increase or decrease display levels.
Use this in 5m, 15m, or 1H chart or any timeframe below Daily.
Please like, share, and comment.
Bogdan Ciocoiu - Sniper EntryWhat is Sniper Entry
Sniper Entry is a set indicator that encapsulates a collection of pre-configured scripts using specific variables that enable users to extract signals by interpreting market behaviour quickly, suitable for 1-3min scalping. This instrument is a tool that acts as a confluence for traders to make decisions concerning current market conditions. This indicator does not apply solely to an asset.
What Sniper Entry is not
Sniper Entry is not interpreting fundamental analysis and will also not be providing out of box market signals. Instead, it will provide a collection of integrated and significantly improved open-source subscripts designed to help traders speculate on market trends. Traders must apply their strategies and configure Sniper Entry accordingly to maximise the script's output.
Originality and usefulness
The collection of subscripts encapsulated in this tool makes it unique in the Trading View ecosystem. This indicator enables traders to consider entry positions or exit positions by comparing similar algorithms at once.
Its usefulness also emerges from the unique configurations embedded in the indicator's settings, which are different from those of the original scripts.
This indicator's originality is also reflected in how its modules are integrated, including the integration of the settings.
Open-source reuse
I used the following open-source resources, which I simplified significantly and pre-configured for short term scalping. The source codes for the below are already in the public domain, including the following links listed below.
www.tradingview.com (open source)
(open source and generic algorithm)
www.tradingview.com (open source)
(open source)
(open source)
www.tradingview.com (generic MA algorithm and open source)
(generic VWAP algorithm and open source)
Bank Zone V2This indicator finds the current price and dynamically plots bank zone levels that's incremented by 50 or 100 pips.
Levels are displayed on all time frames and will work for ALL forex pairs and indices.
How to use this indicator.
Select Pair - Choose a pair that's in your watchlist
Increment By - Plots lines in increments of 50 or 100 pips
