Swing IndicatorThis indicator provides some base code for looping over data to identify swings in price action. Full code commentary can be found on the backtest rookies website.
The indicator shall allow users to "analyse" a recent historical candle to detect whether it was a swing point. This will work by inputting a number to select which historical candle you want to check. The indicator will then check all candles after it until the current candle. It shall also check the same amount of candles before it. If the candle analysed has the lowest low or highest high in the complete range, then we know it was a swing point.
Pivot
My ETH/BTC 5 min StrategyHello, beginner in trading here. Use this at your own risk.
Commission : 0.05%
Time Unit : 5 min
Backtest range : 15 days (looking like that is the maximum in 5 min UT)
Initial capital : 1000€
How it works :
Long entries and exits. That's all, no pyramiding, no shorting.
It takes the first buy signal (green triangle) and the first sell signal (yellow triangle)
The idea is to scalp while in range using stochastic, and to get out / in when a big trend appears (that is what the tunnel is for).
See the code for details.
I think those are pretty good result when we look at hueg negative buy and hold returns of this month of March. What do you think?
[Study] Pivots EMA Stoch SetupUsing daily pivot, if price is greater or under the four EMAs, and if we have a stoch signal, then we have an entry/exit condition.
N Day Pivot Moving Avg (WONTON GRP)This is a tool used by Fisher style traders. It allows the trader to set the pivot period (3 Days is default) and the moving averages of that pivot.
Provided by the Wonton Group.
Automatic Monthly Pivots with built-in Fibonacci LevelsClassic Floor Trader Pivots (algorithm decision points) with color segmented Fibonacci levels plotted in real-time Enjoy! Multi-variable Time Frame Pivots with Custom fib levels is in works.
Hybrid Pivot Zones [DW]This is an experimental study designed to identify potential areas of support and resistance using a hybrid between Camarilla and Fibonacci pivot calculations.
The levels are calculated by taking 110% of the previous interval's range multiplied by 8.33%, 16.67%, 25%, 50%, 61.8%, 78.6%, 100%, 127.2%, 141.4%, and 161.8%, then adding them above and below the interval open.
Custom bar colors are included.
Pivot Zones Trading RangesJust testing an advanced Pivot Zones display method with 12 different time frame options. Invite only.
Pivot alerts by Funded-TraderThis indicator draws Standard Pivot Levels on all products on all timeframes.
The P Pivot is included, and it goes as far as R3 and S3, as pivots 4 and 5 are rarely reached in the market.
This indicator differs from the "Standard Pivot" published by TradingView as this can be used to set-up an Alert: just add a new alert, pick "crossing" and in value pick "Pivot Alerts"
I have chosen a neutral colour Orange for all pivot levels.
HMA_PPT StrategyHMA_X & Pivot Profit Taker combo
LOL!
change the settings to suit your favorite pair/TF before cry yourself to sleep.
doesnt repaint? ----> YOU TELL ME :-D
Pivot Point Moving AveragesThis indicator contains two simple moving averages that is calculated from the pivot point rather than the closing price. This indicator is described in detail in chapter 6 of the book Candlestick and Pivot Point Trading Triggers: Setups for Stock, Forex, and Futures Markets by John L. Person.
Simple Low/High PivotAuthor: maqpie
Date: 11th of August, 2017
Nothing fancy here. Just a simple pivot script which I made whilst doing other more complicated scripts.
Inputs:
- Source pivot bottom
- Source pivot top
Pivot Zones - Support and Resistance AreasAdaptive Pivot Zones (with 4 each support and resistance areas and a main pivot zone).
Coding and Copyright by Spreadburn / Daily Alpha.
Daily Deviations (Self Input Version)
Plots the standard deviation resistance/support levels.
Input the previous settlement price and the implied volatility.
credit to u/UberBotMan and u/Living_Granger for the idea and formulas
(preview example is using settlement of 2420 and IV of 11)
Simple Session PivotShows the pivot of the current session also with support and resistance levels up to 2 levels.
Multi-Day VWAP V2Updated from V1.
Chart the multi-day Volume Weighted Average Price ( VWAP ). Normally, the VWAP is tracked for the current day, from the first bar of the day (regular or extended session). The VWAP shows the current value of:
-> sum(hlc3 * volume , barsForDay) / sum( volume , barsForDay),
-> where 'barsForDay' is the total number bars that have elapsed during the day for the chart interval.
The multi-day version tracks the VWAP for N days back, by averaging the previous N - 1 day bars VWAP and the current VWAP for the current bar (chart interval).
This is very different that simply using a volume weighted moving average , since the closing VWAP values are used for the historical day bars. The results are interesting for intraday trades... especially for values of 1, 2, 3, 4, and 5 days.
Version 2 includes the closing VWAP for the previous day. There are enough instances where the price chooses to bounce from the previous day's closing VWAP value that it is worth discussing. Usually this value is at or near the daily pivot, but sometimes not. Circled in the chart are some areas of recent SPY bounces on the previous day's closing VWAP.
It seems that when the 5-Day VWAP and normal VWAP have "enough" percentage separation, that there can be good intraday swing opportunities using bounces off VWAP indicators. This is similar to waiting for Hourly/Daily/Weekly/Monthly/etc pivots to have "enough" separation to allow for swing setups. When pivots are "closely" spaced, odds are the price is range bound for the time period (daily range in the case of day pivots, etc).
Previous closing VWAPs can be plotted for all 5 of the original. As with my other scripts, I welcome all comments to spark new ideas that we can all benefit from.
Enjoy.
