Objective is to map out different multi-timeframe support/resistance , all at once. Includes weekly, daily and 4H EMAs and MAs, as per the follow (allowing customization) WEEKLY (in pink/purple variations): - 13 EMA - 21 EMA - 34 EMA - 50 M.A DAILY (in green variations): - 21 EMA - 50 EMA - 120 M.A. - 200 M.A. 4H (in yellow/golden colors): - 400 EMA - 500 EMA -...
If you’ve been trading for any time, you will almost certainly have come across the concept of support and resistance. This powerful and simple concept lies at the heart of technical analysis. It forms the cornerstone of price action trading. However, you can also think of support and resistance in another way. After all, these are also price areas where a market...
This is a very specialised and optimized script, for 1m EURUSD traders - daytraders, scalpers. 1m trading is very difficult, but it can be also most profitable, if done right. Why difficult? It is hard to detect market direction - usually when trend indicators reverse, that new trend is already over. One and the same indicator signal sometimes provides one...
Simple plot script for ranges from prior day closed based on Brian Watts talks. Should work on any timeframe. For example, if 5m the ranges will still be for the prior day. Edit based on daily ranges of whatever symbol. Change the ranges as you see fit. It is interesting if you turn on prior day close for verification and current day high/low in the chart...
VWAP BAND+ : Here a Bunch of Sessional VWAP with 1.46 StdDev Upper and Lower Bands are used where Time Frame of a Session is i) 3Hours ii) Intraday iii) 2Days iv) Week v) 2Weeks vi) Month vii) 3Months viii) 6Months and ix)Year. According to your need you can change StdDev no as 1.46, 2.36, 3.82, 5.00, 6.18, 7.64, 8.54 and so On, and also you can select a...
Initial Balance indicator plots the high and low of the first hour of US Futures Market session. Very useful for trading breakouts after market open. Also added range midline and background shading to identify first hour. Times are adjustable. All objects can be modified.
A simple script that allows you to plot 8 different zones of support and resistance. Enter the high and low of a support/resistance zone, and the script will fill the range for easier viewing. Open source and all settings can be customized.
TestedFX SR Radar is unlike any other Support and Resistance indicator I have seen to date. It doesn't just show you recent important pivots. Everyone with eyes can see those levels lol. You need an edge on the market. You need to know the levels AHEAD OF TIME. Trading is about having MORE and BETTER information than everyone else. Notice how the levels start...
With great gratitude to Tradingview and Pinecoders I give you a simple highest/lowest indicator, inspired by the recent added function: ‘color.rgb (red, green, blue, transp)’ The colour is derived from rsi values The main goal was to show the use of: - array.new_color() - color.rgb() - color.from_gradient() Cheers!
The difference between 2 points is plotted here using 'Golden ratio' cubes (working differently than my 'Golden ratio spiral - 'GoRaS') The 2 points can be 'high/low' or 'max(open/close)/min(open/close)', with the possibility of higher resolution, the following examples are with 1 week resolution By extending the lines you can spot support/resistance area's ...
**ENGLISH** This indicator shows; 1) Support Levels (Green Solid Line) 2) Resistance Levels (Red Solid Line) 3) Support Line (Green Dashed Line) 4) Resistance Line (Red Dashed Line) More Features; 1) Alert at Support Level Broken 2) Alert at Resistance Level Broken Dont forget you can use this indicator any market you want at TradingView **TURKCE** Bu...
NVME TP and SL system is an ATR based risk management tool that is designed to identify possible stop loss and take profit points for you to follow depending on the volume generated by the average true range. Sometimes, they zones may be really close together and this often occurs during a ranging period of the market where there is little movement and this can be...
TestedFX Sexy Pitchfork Intersection Strategy Trading Rules: All trades are 4R !! If you don’t understand this, please DO NOT TRADE until you have researched Risk to Reward ratios. Basically 4R means you win 4x your risk. Ie. SL = 25 pips and TP is 100 pips so you win 4x your risk. AUTHOR’S NOTE: Statistically Pitchforks reach the median line 80% of the...
The Dynamic Support And Resistance Indicator was created by Mike Siroky (Stocks and Commodities pgs 14-18) and this is a handy indicator that will show you useful support and resistance levels no matter how the stock is doing right now. I have color coded the middle line to show buy and sell signals so buy when the line turns green and sell when it turns red. Let...
This indicator is an intraday version of Gann Circle Swing Levels indicator. It further divides the Gann Circle into the Eighths in order to generate intraday Levels. Introduction This indicator is based on W. D. Gann's Square of 9 Chart and can be interpreted as the Gann Circle / Gann Wheel / 360 Degree Circle Chart or Square of the Circle Chart for...
This script is based on 'Golden Ratio' It starts from the last pivot high/low, forming a rectangular spiral. Mainly experimental but I think it could be used as 'support/resistance' and trend interpretation The (pivot) length can be adjusted ('Leftbars'): Start of the spiral can be changed ('Start loop'): End of the spiral can be changed as...
This is my attempt to code up the rules of "The Strat." I've seen other scripts that do parts of what my script does, but this script combines all of them into one script and allows the user control over how they interact with each other. What's in this indicator? Show the Strat Candle Numbers (1 - inside bar, 2 - continuation bar, 3 - outside bar) on the...
This indicator is meant to be used for coming up with price targets based on past performances of rallies/selloffs. It shows how much a trade could have made over a 30-day period (or other length of time) in terms of percentage gain. It also show how much could have been lost in terms of percentage loss The green plot shows percentage gain from current high to...