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...
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,...
ASE Additionals is a statistics-driven indicator that combines multiple features to provide traders with valuable statistics to help their trading. This indicator offers a customizable table that includes statistics for VWAP with customizable standard deviation waves. Per the empirical rule, the following is a schedule for what percent of volume should be...
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...
The main premise of this indicator is to identify when large cryptocurrency futures positions are opened, and then plot the liquidation levels of those positions. Market makers know this data and tend to push price towards these levels, as there is guaranteed liquidity at or approaching those levels. Remember, we want to buy when others are forced to sell, not...
Synapse Level Index Indicator This indicator simply allows the user to set their desired "Lookback Period", and "Lookahead Period" in the Bars Back and Bars Ahead, Pivot Settings. Once selected, the indicator tracks the highest high from X Bars Ahead, and the lowest low, from Y Bars Back. Then, the indicator calculates the Mean Value. Then, the indicator...
This indicator plots key levels on the chart and can put a label on the price scale. These levels can act as important support and resistance and cause big reactions. • Open, High, Low, and EQ for the current day, previous day, current week, previous week, current month, previous month and current year. •To show the levels on the price scale, you need to right...
This is a tool I quickly put together to work along side of my round number and Quarter Theory Scripts. This script allows you to set a price range between to values and slice them up into equal price zones. Happy Trading!
Support and resistance are often drawn using lines. This is too simple and doesn't give a clear idea of the market sentiment at these particular levels. What is strong support and resistance? What is weak support and resistance. How can either be defined by a single price point? Using a simple, clean and configurable solution, this indicator not only shows these...
This indicator is used to automatically map an ETF's VWAP and 10 levels above and below the strike of your choice, to the futures or index instrument currently being viewed/traded. This works very well when using both SPY to ES/MES/SPX or QQQ to NQ/MNQ/NDX to plot the ETF strikes and can lead to some incredible trades, especially when trading level to level. ...
Quarter Theory Levels is a script that will create level lines based on major round numbers and spilt those levels into half and quarter ranges. This tool is intended to help traders see major levels that price will likely react to in the future. The Script is inspired by Quarters Theory.
Quick Script to mark out round number levels. These levels often become reversal points or where the next price range will develop. This script is intended to be a tool to aid along with additional trading strategies.
Average Daily Range (ADR) over 5/10/14/20 Days What it is One of the oldest measurements of price volatility that is being used in technical and statistical trading is the range of a specific period of past days to estimate probability of chances, risk and price movements, as seen f.e. in Molodovsky, N. (1967). Building a Stock Market Measure—A Case Study. ...
This Implied range Is derived by the VIX(1 sd annual +/- Implied move.) This Indicator plots the daily Implied range, A lot of quantitative trading firms/ MM firms hedge their delta & gamma exposure around the Implied range(prop calc). I have added retracement levels as well, so you have more pivot levels. Enjoy!
The indicator is an experiment to Predict Stops and 1st target for any liquid security and for any timeframe, Intro The indicator is made using Predictive Differential Filter of 2nd Degree and an Adaptive Filter to generate Signals and define Targets and Stops An adaptive filter is a system with a linear filter that has a transfer function controlled by...