Pivot Detective Indicator v1.0Overview of Features
The Pivot Detective is an indicator that simply highlights the waves of the market by identifying the pivot highs and pivot lows by using shapes and zigzag lines.
What makes this indicator unique is that you do not have to specify the number of bars to the left or right side of the pivots (aka pivot strength), nor do you need to specify percent deviation for filtering the zigzag (1)lines. Thus, the indicator will monitor price action and keep track of pivot high and low prices and implements a common trend analysis algorithm to determine when the trend has reversed to confirm the pivot price and begin tracking the next pivot price. The tolerance of the trend reversal can be configured to be strict or loose depending on your preference.
Be aware that this indicator does not determine key levels of price like support (S1, S2, etc.) and resistance (R1, R2, etc.) levels that are found in the traditional Pivot Points indicators (2).
Usage Information
The indicator can be applied to any chart at any time frame. It is very customizable where you can add or change various chart elements to help you enhance your interpretation of the price action trend reversals at the pivots. You can specify the pivot shapes, colors, and visibility as well as zigzag line thickness, color, and visibility. You can adorn the pivot shapes with any combination of price, rate of change percentage, and pivot trend using HH/LH/LL/HL text as well as control the coloring schemes for the in-progress pivot. The size of the text can also be customized.
Be aware that this indicator makes use of lines and labels which are limited to 500 lines and 500 labels, so if traverse far into the history, they will not appear because they have reached these limits and were removed by the chart's rendering engine.
Lastly, you can define "any alert() function call" messages on the "New Pivot High Point" and "New Point Low Point" events. These alerts provide custom placeholders that can be used in the messages, which are: {{exchange}}, {{ticker}}, {{currency}}, {{new_pivot_point_price}}, and {{new_pivot_point_roc}}
References
1. Chen, James. (2021 March 15). Zig Zag Indicator. Received from http: www.investopedia.com
2. Mitchell, Cory. (2021 April 30). Pivot Points. Received from http: www.investopedia.com
Pivot
R-CPRThis is a simple CPR script that plots the following data,
Central Pivot,
Pivot,
Bottom Central Pivot.
Thanks.
TestedFX SR RADAR v3 (Support & Resistance Radar)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 BEFORE price touches those levels!!
How does TestedFX SR Radar do this?? Glad you asked.
Just like real radar, it searches within 5 ATR of the current price for strong pivots thousands of bars previous major pivots. But that is just the start. Then when a level is respected with a wick rejection a upvote is cast. When the level is busted a downvote is cast. The shading levels are based on the levels POWER as scored by the market voting on it. (Notice the purple dots at then end of the wicks that hit the level) Using this novel technique high probability pivot points are calculated IN ADVANCE so you know the important levels ahead of time.
Darker levels and multiple lines grouped together show strong S/R levels.
You can use this in combination with your favorite strategy. However, it was built to go with one of our private indicators. Typically good practice on TV is to include all functionality in one indicator. We tried to do that with this indicator but we couldn't because it uses too much CPU power. As it is if you change the SR Radar settings you will get "Script takes too long to execute" type errors. If that happens try hiding and showing the indicator again. If that doesn't work then reset your settings back to standard settings. The upside is that we are releasing this free to our tradingview friends.
I love this community and it is great to be able to give back. I really hope this helps you make better trading decisions. If so please let me know your experiences (good and bad) in the comments.
Sincerly,
Doug Collins
TestedFX
Fibonacci PP Party LTMulti-timeframe fibonacci pivot point analysis with 38.2%, 61.8% and 100% retracement levels.
Select and agglomerate different fib timeframes on your single timeframe chart fren .
The following scopes made available and stackable to your heart's desire (toggle on or off timeframes within settings):
1 Month
3 Week
2 Week
1 Week
5 Day
4 Day
3 Day
2 Day
1 Day
Go ahead, hit up that 1m & keep major support and resistance levels in plain view.
Rid your self of narrow scope , ya dope.
Warning: slow performance due to enormous heaps of timeframes hitting the dome.
Let me know where the errors are.
Make Money
Ya dummy
Second TimeFrame [TT]This Script Allows You to look for second Timeframe for the same Ticker or another ticker. Useful for those who cannot afford any pro versions of TV.
Anyway this doesn't let you use any indicators on it.. So you will be left with only 2 more indicators to use on the chart.
For Example : I have plotted NSE:Niftybank on upper pane and NSE:Nifty on lower pane
Pivot Points - Daily(with CPR)/Weekly/Monthly with two EMAsThis script plots all the Pivot points and Support/Resistance on your chart
You can chose Daily, Weekly or Monthly pivot.
Daily Pivot has CPR, 4 support levels and 4 resistance levels
Monthly and Weekly pivot has 3 supports and 3 resistance.
You will also get to plot two EMAs if you want.
Untick the checkbox of Primary EMA and Secondary EMA if you don't want to see EMAs(by default EMAs are disabled)
As this is a leading indicator, price reacts to these levels quite significantly.
You can use this indicator by 'Add to Favourite Indicators' option
Market PivotsMarket pivots take previous high, low, close to calculate pivot range.
* within yellow pivot range, expecting choppy. not a good location to entry a trade
* above yellow pivot range, expecting bullish.
* below yellow pivot range, expecting bearish.
Wayne's Pivots ProThere is a public version of this indicator titled "Wayne's Pivots" if you would like to try out something similar to this indicator.
Wayne's Pivots Pro is named after Wayne McDonnel who came up with this indicator's pivot trading methodology. Wayne's Pivots are only one part of his methodology, but these pivots are the most critical part. They are frequently applied to supplement other trading methodologies as well. There are 3 key features that separate Wayne's Pivots specifically from every other pivot point indicator out there.
1. Midpoint Pivots
2. Biased Pivots
3. Next Period's Pivots
Understand that this indicator is supposed to be used, according to the methodology, alongside a fundamental bias. If you have not done fundamental research to know if you're a bull or bear on an asset, then you will likely not be using these pivots correctly. They do not tell you which direction the market will move. It tells you how far and how long a trade may go depending on which way you bias the pivots, and if your fundamental view was correct. This is trade planning tool for your entries and exits.
Breaking each point down:
1. Midpoint Pivots
If you take regular pivots (S#, R#), and get a histogram of every time price closed at or above each level, you generally end up with an even distribution. By adding midpoint levels you are doubling the amount of data, and increasing the resolution of the histogram. While these extra levels don't necessarily give us entries or exits, they do tell us when price doesn't quite reach a major support or resistance level. Midpoint pivot levels are calculated by finding the midpoint between each pivot level, and are labeled from the bottom up starting at M0 (Midpoint 0).
2. Biased Pivots
The traditional rules for trading pivot points are to buy support levels and sell resistance levels. In Wayne's methodology, we see pivots as a set for entries and take profits depending on our bias. It is known that trading the inverse of traditional pivot point rules that you can end up with a reasonable strategy. Biased pivots let us focus on only what matter to us by removing all other pivots, lines, and labels. Only showing us pivots useful to the bias we set.
For example, if you are a bull fundamentally you would set the bullish biased pivots. You would look for an entry in the area between the central pivot and second midpoint (M2), and an exit in the area between R2 and M4.
3. Next Period's Pivots
The third major feature of Wayne's Pivots are the "future" pivots. These are really calculated by taking the current HLC data and plotting it in realtime into the future before there's any data there. When we enter a new trading period, let say the day, we will have little data on the next day's pivots. As the current trading day goes on and gets closer to it's close, we start to see the next day's pivot points firm up. It's at this point that future pivots become actionable to create trading plans for the next day. The next period's pivots are exceptionally useful when scaled up to weekly, monthly, quarterly, and yearly timeframes. Daily, weekly, and monthly are the most commonly used within communities trading Wayne's methodology.
This is a completely rebuilt, professional use version of Wayne's Pivots. It includes many technical upgrades required by professional using Wayne's methodology. I released the original version publicly because it does not have many of the features here included in the Professional's version.
Features in Pro that are not in the public version:
Works on ALL timeframes.
Realtime pivot point updates.
Price levels on the pivots.
Extra pivots. (R3, M5, M0, S3)
All pivots start and end at the correct dates and times. (public version can't due to plot())
Easier to add more features!
Does this mean that you've abandoned the public version of Wayne's Pivots?
Absolutely not. Whenever there is a new feature in the Pro version, I always see if I can add it into the public one. It's just that the way it's built was not how I originally envisioned these pivots to be. If there's ever something that breaks the public version, I'm going to fix it because there's hundreds of people who use it.
I use the public version of Wayne's Pivots perfectly fine with my trading. Why switch to Pro?
Simply put, it's not going to give you the most accurate pivots that a professional would need. The pivots do not print properly on months with more or less than 30 days, and do their worst on short weeks. The public version has been like this ever since I first made it, and the only work around was to completely rebuild it. That's the major reason why I made the public version available to everyone in the first place. On top of all that, I can add way more features and customization options to these pivots than the public ones.
If I have a feature request will you try to implement it?
Absolutely! Some requests do have their limits, but don't be afraid to ask for something you really want. I'll try and implement lots of requested features as time goes on.
Trading Con Propositomy scrip intention is to make easier and simpler my analisis, having everything toghether helps me take desicions when to enter the market, the estrategy is based in moving averages, pivot points and structure, and the bollinger bands and the sthochastic are just another tool of confirmation when i'm goin to execute the trade.
the market for this strategy is more focused on futures and us stocks but it can be use in any other market. the way to use this strategy is simple, every time a candle goes thru a MA and pull's back to it is a sign of a possible trade, samething when it cuts thru a pivot point and the perfect condition is when the bollinger bands and the sthocasthic are in oversold and overbuy areas.
Auto Support Resistance [WS]This is paid version.
If you wanna use free version
This show support line, and resistance line.
moderately! and beautiful way!
also proper trend line .
you cannot see source code, but it doesnt have any secret formula.
It use just pivot function.
( i just wanna keep my design tech. )
it has 3 type line.
1. horizontal. yellow. default pivot size is 15
2. connection of top(peak, blue). pivot size 10
3. connection of bottom(green). pivot size 10
you can change pivot size.
it has one speical option about volume .
if the bottom has too small volume , it cannot be starting point.
if you want every bottom can be starting point, you can turn off the option.
each point has name like H6, G8.
this name help you to talk with someone about the point, sharing the infomation.
that name is base on the time of candle (it mean it is not randome). so in your friend chart(screen), the point has same name.
=========================================
한글 설명.
이 지표는 유료버전입니다.
무료버전은 위의 그림을 누르시면 됩니다.
아름답게 절제된, 그리고 적절한 추세선들을 자동으로 보여줍니다!!!
소스코드를 볼 수 없지만, 추세선을 결정하는 비밀 수식 같은 것은 없습니다.
오직 pivot피봇 함수만을 사용하여 고점과 저점을 찾고 있습니다.
선은 3가지가 있습니다.
1. 고점을 연결한 선. 파란색. 기본 피봇 10
2. 저점을 연결한 선. 녹색. 피봇 10
3. 고점 또는 저점의 수평선. 노란색. 피봇 15
특별한 기능이 하나 있는데, 볼륨이 낮은 저점은 녹색선의 시작점이 되지 못하게 하는 기능입니다.
이 기능은 옵션에서 끄거나, 정도를 조절할 수 있습니다.
각 고점 저점은 H4, G8 같은 이름을 가지고 있습니다.
이 이름은 여러분이 차트분석을 올리거나 친구와 차트에 대해 대화를 나눌 때 유용하게 쓰일 수 있습니다.
이 이름은 캔들의 시간값을 이용하며 (무작위로 지어진게 아니라는 의미), 그래서 친구의(모두의) 화면에서 같은 이름을 보여줍니다.
점선은 확장선이며, 기본은 30, 최대 55까지 늘릴 수 있습니다.
(너무 늘리면 화면이 복잡해집니다.)
가장 최근의 고점과 저점 수평선은 무한대의 길이를 가집니다.
그 외의 수평선은 적당한 길이로 조절되어 출력됩니다.
간혹 3개의 선으로 나뉘어 보이거나 투명도가 변하곤 하는데 이는 특별한 의미를 보이려는 것이 아닙니다. 트레이딩뷰 파인스크립트의 한계로 인한 현상입니다.
Pivot Points AlgoThis is a Pivot Points Algo (PPA).
PPA uses an adaptive pivot algorithm that adapts to different market situations based on various factors.
PPA also includes depth filtering to make it more precise at its signal decision.
======= Signal Types ======
Main Signal of BUY and SELL shown by buy/sell labels.
Mini Signals of BUY and SELL shown by buy/sell arrows and shows additional breakouts after the Main Signal occurred.
Optional reversal signals show a possible reversal in trend (small triangle).
======= Alerts =======
Main Signals alerts - Alerts when a main Buy or Sell is triggered (Shown as Labels).
Combo Alerts - Alerts when main or mini signals of Buy and Sell are triggered (Shown as Arrows).
======= Assets and Time frames =======
Can be used on various assets, stocks, forex, crypto and works great for day trading as well as swing trading and long term investing.
PPA is designed to adjust to any time frame!
======= General info =======
The purpose of this indicator is to signal possible breakouts with a high rate of success.
PPA has been extensively tested and fine tuned to provide traders and investors with a valuable tool for timing long and short entries. However, no system is 100% perfect, and it is good practice to have a plan in place and use stop losses or other tools to mitigate unforeseen risk.
Also, note, I don't hide what PPA is doing as opposed to some other commercial indicators on the market. You can view pivot lines and pivot bands and so on.
The magic is the inner system itself which works for you to pinpoint the best entrance possible, I recommend confirming your own methods to make sure you want to take the trade.
To subscribe to Pivot Points Algo service see “Author's instructions” below.
For any question you can PM me.
Happy and profitable trading!
BLVK Pivot PremiumDisplays lines connecting past pivot high/low points with each line having the slope of a linear regression . This slope can also be controlled by the user with the 'Slope' setting. Each line can be used as a support or resistance by the user.
Settings
Length : Pivot length. Use higher values for having lines connected to more significant pivots points.
Lookback : Number of lines connecting a pivot high/low to display, with a total of lines equal to Lookback*2
Slope : Allows the user to multiply the linear regression slope by a number within -1 and 1
Limitations
The script has currently several real time behavior limitations. Lines are displayed retrospectively and will not update with the arrival of new bars. Readjusting the indicator to newer pivots will require the user to either hide/unhide the indicator or change its settings.
High Length or Lookback values might not return any lines if the location of a pivot point is outside the defined buffer size of the indicator (set as 5000 bars).
How To Use
The indicator can be used to get supports and resistances and is more so closer to a drawing tool due to its limitations. The lines not updating with the arrival of new bars have the advantage of providing fixed supports/resistances.
The Slope setting allows the user to control the angle and direction of the lines. Using a Slope of 1 will return lines with the same slope as the one of a linear regression fit from the farthest pivot point displayed by the indicator to the most recent bar.
Conclusion
We hope you like this indicator (drawing tool) and find it useful for drawing your support & resistances in a unique way!
DexFxMarkets Support & ResistanceThis script uses a combination of several daily and timeframe variables and Fibonacci turning points/ pivot points .
It is efficient on all time frames
Easy to overlay your favorite strategy
Defaults are set to primary colors and work well with dark themes.
Using the Support and resistance indicator will gather information on Pivot regions on all time frames.
It also Uses fibonacci reasoning and combined with said pivot tables gives you a result that can help you Identify Support and resistance for pull backs and Break throughs.
Couple this with your favorite indicator and use it to create areas around your trade.
Take profit areas stop loss regions and so forth.
Light Green and dark green lines above your price are recommended heavy resistance lines, the light green being intraday established while the dark Green means they have a history of those price levels.
While Red Lines are heavy Sell off areas
Remember that Support and Resistance is never total about the Line but more of a zone... investigate and do not hesitate to ask questions in the comments.
Support and Resistance is one of the most used techniques in technical analysis based on a concept that's easy to understand but difficult to master. It identifies price levels where historically the price reacted either by reversing or at least by slowing down and prior price behavior at these levels can leave clues for future price behavior. There are many different ways to identify these levels and to apply them in trading.
Support and Resistance levels can be identifiable turning points, areas of congestion or psychological levels (round numbers that traders attach significance to). The higher the timeframe, the more relevant the levels become.
Parallel Pivot Lines [LuxAlgo]Displays lines connecting past pivot high/low points with each line having the slope of a linear regression. This slope can also be controlled by the user with the 'Slope' setting. Each line can be used as a support or resistance by the user.
Settings
Length : Pivot length. Use higher values for having lines connected to more significant pivots points.
Lookback : Number of lines connecting a pivot high/low to display, with a total of lines equal to Lookback*2
Slope : Allows the user to multiply the linear regression slope by a number within -1 and 1
Limitations
The script has currently several real time behavior limitations. Lines are displayed retrospectively and will not update with the arrival of new bars. Readjusting the indicator to newer pivots will require the user to either hide/unhide the indicator or change its settings.
High Length or Lookback values might not return any lines if the location of a pivot point is outside the defined buffer size of the indicator (set as 5000 bars).
How To Use
The indicator can be used to get supports and resistances and is more so closer to a drawing tool due to its limitations. The lines not updating with the arrival of new bars have the advantage of providing fixed supports/resistances.
The Slope setting allows the user to control the angle and direction of the lines. Using a Slope of 1 will return lines with the same slope as the one of a linear regression fit from the farthest pivot point displayed by the indicator to the most recent bar.
The chart above shows the indicators and a linear regression in orange.
If you want to have horizontal lines, use a Slope equal to 0.
Finally using a negative slope value will allow the user to have lines in opposite directions to the main trend.
Conclusion
We hope you like this indicator (drawing tool) and find it useful for drawing your support & resistances in a unique way!
Daily Pivot (Fibonacci)Hello All
-
This is Daily Pivot (Fibonacci).
Simple and very useful tool for traders.
Show R5 to S5 levels.
.
Feel free to comment.
Thank you.
Daily Pivot (Traditional)Hello all
-
This code is for daily pivot points, support and resistance with pivot labels and value.
simple code with no bugs.
this code use previous day values on online chat and current day values on offline chat.
pivot values are placed on right side, so no overlapping with other values.
.
.
Thank you Trading View for other educational script to make this possible.
Fibonacci PP PartyMulti-timeframe fibonacci pivot point analysis with 38.2%, 61.8% and 100% retracement levels.
Select and agglomerate different fib timeframes on your single timeframe chart fren .
The following scopes made available and stackable to your heart's desire (toggle on or off timeframes within settings):
1 Week
3 Day
1 Day
12 Hour
6 Hour
4 Hour
3 Hour
2 Hour
1 Hour
Go ahead, hit up that 1m & keep major support and resistance levels in plain view.
Rid your self of narrow scope , ya dope.
Warning: slow performance due to enormous heaps of timeframes hitting the dome.
Let me know where the errors are.
Make Money
Ya dummy
WiseAnalyze EMA + fractalsCombination of exponential moving averages allow to spot the trend reversal and expansion, Bill Williams fractals and support resistance zones allow to trade without drawing anything. Just follow the trend.
Study your chart. Note which EMA act as support and bounce most of tests. Most often I use 21/34 EMA for new entries.
Most powerful trend indicator is MAWV. Don't try to trade against it. If price above go long. If below - short.
Stops should be placed behind fractals. Breakout entries on price crossing fractals.
Auto Support Resistance [Free]This is for free version.
full version will come later with "invite only" soon.
(this free version may have some limited things.)
------------------
This show support line, and resistance line.
moderately! and beautiful way!
also proper trend line.
you cannot see source code, but it doesnt have any secret formula.
It use just pivot function.
( i just wanna keep my design tech. )
it has 3 type line.
1. horizontal. yellow. default pivot size is 15
2. connection of top(peak, blue). pivot size 10
3. connection of bottom(green). pivot size 10
you can change pivot size.
it has one speical option about volume.
if the bottom has too small volume, it cannot be starting point.
if you want every bottom can be starting point, you can turn off the option.
each point has name like H6, G8.
this name help you to talk with someone about the point, sharing the infomation.
that name is base on the time of candle (it mean it is not randome). so in your friend chart(screen), the point has same name.
=========================================
한글 설명.
이 지표는 무료 버전입니다.
기능 제한이 없는 정식 버전은 '인바이트 온리'로 나올 예정입니다.
(지금의 버전은 기능제한이 발생할 수 있습니다.)
아름답게 절제된, 그리고 적절한 추세선들을 자동으로 보여줍니다!!!
소스코드를 볼 수 없지만, 추세선을 결정하는 비밀 수식 같은 것은 없습니다.
오직 pivot피봇 함수만을 사용하여 고점과 저점을 찾고 있습니다.
선은 3가지가 있습니다.
1. 고점을 연결한 선. 파란색. 기본 피봇 10
2. 저점을 연결한 선. 녹색. 피봇 10
3. 고점 또는 저점의 수평선. 노란색. 피봇 15
특별한 기능이 하나 있는데, 볼륨이 낮은 저점은 녹색선의 시작점이 되지 못하게 하는 기능입니다.
이 기능은 옵션에서 끄거나, 정도를 조절할 수 있습니다.
각 고점 저점은 H4, G8 같은 이름을 가지고 있습니다.
이 이름은 여러분이 차트분석을 올리거나 친구와 차트에 대해 대화를 나눌 때 유용하게 쓰일 수 있습니다.
이 이름은 캔들의 시간값을 이용하며 (무작위로 지어진게 아니라는 의미), 그래서 친구의(모두의) 화면에서 같은 이름을 보여줍니다.
점선은 확장선이며, 기본은 30, 최대 55까지 늘릴 수 있습니다.
(너무 늘리면 화면이 복잡해집니다.)
가장 최근의 고점과 저점 수평선은 무한대의 길이를 가집니다.
그 외의 수평선은 적당한 길이로 조절되어 출력됩니다.
간혹 3개의 선으로 나뉘어 보이거나 투명도가 변하곤 하는데 이는 특별한 의미를 보이려는 것이 아닙니다. 트레이딩뷰 파인스크립트의 한계로 인한 현상입니다.
Trend Surfers - Fix Stoploss PickerThis study include 3 types of stop-loss (ATR, High/Low and Pivot point)
This script aimed to help new traders to respect risk management.
Simply select which stop-loss you would like to use in the settings and the suggested stop-loss will be displayed on the chart for Long and Short positions.
Please let me know in the comment if you would like me to add more indicators for the stop-loss in this script.
Hope you like it!
[JRL] Pivot Regression OscillatorIntroducing the Pivot Regression Oscillator. This oscillator uses a similar formula to the Stochastic Oscillator. However, instead of comparing the closing price to the lowest price of a period, it compares the distance between current price and the current pivot point. By basing our oscillator on pivot levels, we incorporate a much more relevant and consequential price point around which to base our comparisons.
The indicator can give reliable overbought and oversold signals, and it plots two exponential moving averages as output, which provides crossover signals that can be used to help time trades.
The Pivot Regression Oscillator can be effective for timing re-entries into a trend and seems to be able to avoid some of the false signals of other indicators.
Let me know if you find this useful. Cheers!
3 Weeks Tight - CANSLIM Technical Indicator3 Weeks Tight - Introduction
3 weeks tight is a bullish continuation pattern discovered by IBD's founder, William O'Neil.
The pattern can used as an opportunity to add to an existing position as it often occurs after a breakout above a cup with handle or other technical pattern.
The 3 weeks tight pattern forms when a stock closes within approximately 1% to 1.5% of the prior week's close for at least two weeks. The reason for the bullishness is that it indciates that investors who moved the stock upward in price since the breakout are not taking profits, the price is holding steady.
The buy point is just above the area of resistance formed at the highs of the three weeks plus 10 cents. The ten cent addition to the price is to ensure a push through the resistance at the high of the range.
Key Points:
It's preferred that closes for each week are in the upper half of the stock's range.
Ideally, volume will increase significantly as the stocks moves past the buy point.
This pattern generally performs best when the market is in an uptrend.
Features:
A configurable horizontal bar that spans the 3 week period.
A vertical band that highlights the tightness pattern.
A label to show the buy price after 3 week tight pattern.
Optional alert when the 3 weeks tight pattern is recognized.
