This script is a modification from the awesome "Support Resistance - Dynamic v2" by @LonesomeTheBlue This script is very similar to the original indicator mentioned above, but with a modification that, in my opinion, would be very useful for many traders. It enables the option to choose different timeframe to calculate the S/R levels. Very often, traders would...
ABOUT THIS INDICATOR This is a simple indicator that can help you manage the risk when you are trading, and especially if you are leverage trading. The indicator can also be used to help visualize and to find trades within a suitable or predefined trading range. This script calculates and draws six “profit and risk lines” (levels) that show the change in...
@mrSebastienC thank you for doing the base code @spacemanBTC thank you for improving the base code This script highlights key levels important for forex trading. Default settings display important intra-day and intra-week levels as taught by Dominic James. The script can display: Range high/low/mid/open for: H4 intraday, Previous Day, Monday, Week, Monthly,...
Fibonacci Extension Fibonacci Extension is a powerful technical analysis tool that traders use to predict where the market might find support and resistance. It is based on the Fibonacci sequence and uses levels that are found by extending the 23.6%, 38.2%, 50%, 61.8%, and 100% Fibonacci ratios from a swing high or low. These levels can be used to find possible...
OHLC Tool allows you to display Current or Historical OHLC Values as horizontal lines that extend to the right on your chart. Features Variable Lookback to display a specific historical bar's values. Default = 1 (Previous Candle) Customizable Timeframe to view HTF Candle values. Custom Line Colors, Styles, and Thicknesses. Price Scale Value Display...
This indicator is a combination of a few things in order to work with a unique trading style gleaned from Callme100k, jrgreatness, TrustMyLevels , FaithInTheStrat, Rob Smith and Saty Mahajan. This Indicator is created to help you day trade using, ATR Fibonacci Levels, Price Action and Momentum. It displays Fibonacci Levels Based on ATR to indicate when a...
There’s an interesting aspect of VIX that has to do with the number 16. (approximately the square root of the number of trading days in a year). In any statistical model, 68.2% of price movement falls within one standard deviation (1 SD ). The rest falls into the “tails” outside of 1 SD . When you divide any implied volatility (IV) reading (such as VIX ) by 16,...
This script provides basic pivot point Support and Resistance Levels to the user whilst displaying Break signal tags. It also has the ability to let the user display more significant breaks by filtering using the Volume Oscillator. Only more significant breaks of these basic levels are displayed to the user when optimized which avoids noise and messy signals. It...
I took the formula of the fibonacci from LonesomeTheBlue and made this script. You can take a look at his indicator here: When you first add the indicator on the chart, click on the chart to select the first date and then the second date. It will then calculate the fibonacci support and resistance of the range you choose. You can also choose the date inside the...
This script is meant for stocks that have a pre-market session. It is meant to be used on the 1 min time frame. This script will draw a green line at the high of pre-market, and a red line at the low of pre-market and extend these lines across the regular session day This makes it easy to see if price action during regular market has broken above pre-market high...
This script plots the previous n day and week highs and lows (previous two days and previous week by default). Here are some additional info about the script behavior: Plots highs and/or lows Plots for days and/or weeks Day highs and lows are shown only on intraday timeframes Week highs and lows are shown only on timeframes < weekly
This 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...
Support and Resistance using donchian channels to validate tops/bottoms (note: while donchians follow price closely within look back window, this will only update new top/bottom when making new extremes in the donchian channel) combo with other systems:
The FATS - Fibonacci Auto Trend Scouter automatically draws active trends from 2 different timeframes along with Fibonacci Support and Resistance levels. It also has a Sights feature for each timeframe which points from it's middle towards the current price. The tool is also highly customizable for you to take this indicator over 9000. If you like the tool and...
A script that draws supply and demand zones based on the RSI indicator. For example if RSI is under 30 a supply zone is drawn on the chart and extended for as long as there isn't a new crossunder 30. Same goes for above 70. The threshold which by default is set to 30, which means 30 is added to 0 and subtracted from 100 to give us the classic 30/70 threshold on...
The Peak Activity Levels indicator displays support and resistance levels from prices accompanied by significant volume. The indicator includes a histogram returning the frequency of closing prices falling between two parallel levels, each bin shows the number of bullish candles within the levels. 1. Settings Length: Lookback for the detection of volume...
This is an update to the "Pivot HiLo Support n Resistance Levels" indicator, important updates are no re-painting; and different lengths available for each side of Pivot. Description: The Pivot Points are marked with "star" and with Optional Support and Resistance extension Levels shown. Options: Show Pivot Points (default true) Pivot Length Left Side...
LeveLeledc - Exhaustion levels (InSilico) Method for zero confirmation support/resistance level detection using Leledc Exhaustion Bars Study is extension/mod of glaz script ,its implementing simple but unorthodox use-case for "Leledc Exhaustion Bars" More information on core function in source scripts page -> P.s Written...