This indicator is designed to show key pivot points, also known as levels, which could provide good trade entries. Utilising liquidity concepts, untested pivot levels can be a good place to enter a trade after the pivot is tested, liquidity is taken and the direction reverses. Alternatively, utilising the option of viewing already tested levels, you can easily...
This indicator calculates pivots of 2nd, 3rd and 4th order in the current timeframe. The idea is borrowed from the book "The Art and Science of Technical Trading" by Adam Grimes: "A pivot high is a bar that has a higher high than the bar that came before it and the bar that comes after it" "Second-order pivot highs are first-order pivot highs that are preceded...
Price Pivots for NASDQ 100 Stocks What is this Indicator? • This indicator calculates the price range a Stock can move in a Day. Advantages of this Indicator • This is a Leading indicator, not Dynamic or Repaint. • Helps to identify the tight range of price movement. • Can easily identify the Options strike price. • Develops a discipline in placing...
Average Daily Range (ADR) (Multi Timeframe, Multi Period, Extended Levels) Tips • Narrow Zones are an indication of breakouts. It can be a very tight range as well. • Wider Zones can be Sideways or Volatile. What is this Indicator? • This is Average Daily Range (ADR) Zones or Pivots. • This have Multi Timeframe, Multi Period (Up to 3 Levels) and Extended...
Variety RSI of Adaptive Lookback Averages uses an adaptive lookback algorithm in order to determine dynamic length inputs to get used to smooth the input price source before calculating your choice of 6 different types of RSI. This ALB algorithm counts bars back until X many swing counts are reached. Included: Bar coloring 2 signal variations w/ alerts
The WHAT =============> A strategy focused on opening trades during a retracement of the so-called Big Candles. Instead of having to recalibrate a strategy every so often (so it stays consistent with the current trend), this Candle strategy tries to use a different approach. It will detect candles with big bodies (which are usually created during a strong push...
Order Blocks based on pivot reversal candle When a pivot High or Pivot Low is found and confirmed, a box will be plotted on the open and close values of that pivot candle You also have the ability to change the amount of candles the box stretches over as well as the colors of the bullish and bearish boxes How To Use:- Pivot points often provide Support and...
█ OVERVIEW - This script draws array-based Pivot Points with the calculated slope on the next connecting point. - The script works left to right, but could be be modified. - Looks best with Label-Style on Diamonds, without Slope Text drawn. █ Thank You! - Many more to come which will utilize these fundamentals! 🅝🅔🅒🅡🅞🅜🅐🅝🅒🅔🅡
The WHAT =============> Combination of 3 indicators, first 2 are to get entry points, the last one (MESA) is to get exit points: 1) "Koalafied Volume Extension" by @Koalafied_3 - used to detect whether current trend candles are supported by volume 2) "Koalafied RSI Decision Points" by @Koalafied_3 - another indicator used to detect trend momentum 3) "Mesa...
Classic ITH/ITL Intermediate Term High - High that has short term high on either of it's side. Intermediate Term Low - Low that has short term low on either of it's side. FVG The indicator also marks Fair Value Gaps which is a very important concept in price action trading. FVGs are formed when there is ineffeciency,or imbalance, in the market. ...
An experiment with pinescript's line.new() function. The Autodrawn Pivot Levels indicator draws horizontal lines in areas where prices have been flat, which serve as pivot points. This can be useful for pivot trading as it visually shows several critical levels
The WHAT =============> A strategy based off 3 indicators: 1) the original TV's "Pivot Points Standard" indicator 2) Cyclic RSI High Low With Noise Filter indicator ( ) from @RozaniGhani-RG as basis for determining uptrend or downtrend 3) Mesa Advanced Triggers indicator ( ) from @jordanfung to filter out the best high/low points where to open and close...
This is the original TV's "Pivot Points Standard" indicator with the addition of alert on support/resistance levels.
This market structure indicator plots HH/LL labels with a little twist - it can identify upto 14 custom patterns of your choice! Indicator settings: Pivot strength - highest or lowest point in a number of x left+right bars Show - show zigzag lines, HHLL labels, Pattern Matches Patterns - upto 14 patterns (7 bear, 7 bull) with custom label text Styles - for...
Support and Resistance Multiperiod (Zig Zag Based) What is the indicator? • The indicator is a multi period (up to 5 lengths) Support and Resistance indicator calculated based on Zig Zag. Who can use? Scalpers to Long term investors What timeframe to use? • Any timeframe What are the lines? • Green lines are Support levels. • Orange lines are...
This Script is to be used for intra day as far as the adr zones. The adr zones are used as support and resistance but also can be used to determine whether the stock is breaking out or not. Also being that the adr zones are calculated using a 5 or 10 day period unless you change the settings, and are set when price opens. It does really help you know whether a...
█ OVERVIEW This indicator was intended as educational purpose only and alternative way to write pine script in version 5 for Pivot Points Standard. █ CREDITS Credits to TradingView for original built-in source code. █ FEATURES Display price or percentage. Change color for labels and lines. █ USAGE EXAMPLES
Hello all, To ease everyone's trading experience I made this script which colors RSI overbought and oversold conditions and as a bonus displays bullish or bearish divergences in last 50 candles (by default, you can change it). Script is open source, part of code is from Trading View examples. If you have suggestions or you already made some improvements, please...