Daily, Weekly, Monthly Pivot Points StandardShow Higher timeframe Pivot Point along with 3 support/Resistance and mid line between them
Option to show the Monthly lines, with or without mid line, and can select the color
Option to show the Weekly lines, with or without mid line, and can select the color
Option to show the Daily lines, with or without mid line, and can select the color
Option to show a tables with the previous Open, High, Low, Close for these higher timeframe
Titik Pivot
TAPLOT Mini CoilMy entire trading style is built on finding stocks in stage 2 uptrends that are building healthy bases and exhibiting volatility contraction patterns (VCP).
I look for price tightening on the right hand side of the base to find low risk entries.
This Mini Coil indicator is nothing but one way of visualizing tight trading ranges. It essentially plots a box around price areas where price traded inside of one larger bar (candle in my case).
The minimum requirement is for 1 bar to engulf 2 bars that are in-front of it, thus the "Mini Coil" name.
From indicator setting, you can force minimum bars to 3 to reduce coil occurrence on the chart.
Not all Mini Coil price action is tradable. I use this strictly on stocks that are in stage 2 uptrends and potentially getting ready to come out of bases.
If a Mini Coil shows up at the right side of a base, it could potentially be an indication that the stock is ready to break out of that base.
Trigger would be to buy as the price is moving above the high of the wide bar coil area.
Indicator Setting
The indicator is highly customizable with 3 options to display the price coil area
A box - you can customize border and background color as well as transparency
Coil bar paint - Paints the widest bar in the coil area. Paint color for up and down bars is customizable. Default is green/red but you probably want to change that if you are already using green and red bars. I use white and black bars to this works for me.
This options allows you to visually get hints that a coil is forming but without cluttering your charts
Arrow up on coil bar - similar to paint but only puts a signal (arrow up) below the coil bar.
Box Mini Coil Example
Pain Bar Mini Coil Example
Arrow Up Signal Mini Coil Example
World Markets Open/Close BackgroundIndicator fills background color on the chart for different markets around the world.
This can be helpful in some markets to understand after hours and premarket price action. User can study if there is correlation between highs/low in whole session or open/close of different markets.
Tokyo, Hong Kong and Shanghai are Asian Markets in Red are combined
Bombay, London and NYSE are individually plotted.
Times can be changed for each session to include the entire session, or selected block of 15 minutes.
Less than 15 minutes will need to be changed in the default value of the code which is why I'm publishing it open source.
All coded default times for each market are in CST.
Background color can be turned off individually under the Style tab, and can also be unchecked under Inputs and can just be used for source for further coding.
My intentions for this script is to use it and its variable value to plot the highs and lows just in the specific times in a session and to more easily visualize those sessions with color coding.
I hope this is useful
Cheers!
ABCD StrategyOne from many harmonic pattern that consists of two equivalent price legs. The ABCD pattern that helps traders predict when the price is about to change direction.
Tracing And Calculation
This code using pivot high and pivot low built-in method and calculate with Fibonacci Retracement.
Limitation
To find ABCD pattern is very difficult, just coming up a few from thousand candle. That why this code using little bit tolerance ratio to get more pattern.
Modified QQE-ZigZag [Non Repaint During Candle Building]V V V V V V V Please Read V V V V V V V
I ask Peter and he is fine, that im published this script
Tell me if you have some ideas or criticism about that sricpt
>>>>>>>>>> This is a modified Version of Peter_O's Momentum Based ZigZag <<<<<<<<<<<
This is only a test, and i want to share it with the community
It works like other ZigZags
Because Peters_O's original Version is only non repaint on closed historical Data ,
during a Candle building process it can still repaint (signal appears / 21 seconds later signal disapears / 42 seconds later signal appears again in the same candle / etc.),
but that isnt important for backtesting, its only important for realtime PivotPoints during a candle.
My goal for this zigzag was to make it absolute non repaint neither during a candle building process (current candle),
so once the signal is shown there is no chance that it disapers and shown a few seconds later again on that same candle, it can only show up one time per candle an thats it,
and that makes it absolute non repaint in all time frames.
Credits to:
==> Thanks to @glaz , for bringing the QQE to Tradingview <3
==> Thanks to @Peter_O , for sharing his idea to use the QQE as base for a Zigzag
and for sharing his MTF RSI with the Community <3
Changes:
- I changed the MTF RSI a little bit, you can choose between two version
- I changed the QQE a little bit, its now using the MTF RSI , and its using High and Low values as Source to make it absolute non repaint during a candle is building
- I added a little Divergence Calculation beween price and the MTF RSI that is used for the ZigZag
Colors :
- Green for HH / HL Continuation
- Red for LL / LH Continuation
- Yellow for Positive Divergence
- Purple for Negative Divergence
Important:
It is not possible to backtest this script correctly with historical Data, its only possible in Realtime,
because the QQE is using crossunders with RSILowSource and the QQE Line to find the Tops and,
because the QQE is using crossovers with RSIHighSource and the QQE Line to find the Bottoms,
and that means it is not possible to find the correct Time/Moment when that crossovers / crossunders happens in historical Data
=============> So please be sure you understand the Calculation and Backtest it in Realtime when you want to use it,
because i didn't published this script for real trading
=============> Im not a financial advisor and youre using this script at your own risk
=============> Please do your own research
IBP_AccDistThis indicator plots distribution / accumulation.
Distribution is when price falls by 0.2% and volume is 1.25 times the 20 day average volume.
Opposite is accumulation.
If there are 5 distibution days in a span of 20 days then market direction is confirmed down.
William O Neils method. Parameters tweaked based on Indian markets and my experience.
TrendLineScalping-BasicDear Traders,
Here is the thought which came to my mind on the trendline break scalping. sometimes during the trade we do plot trendlines and we do anticipate for the line to break and take a trade. with the same thing in mind I had created this basic script to help you and other to create based on the logic used in the script.
This is just a logic based script and doesn't do any kind of wonders. Hence you may use it as necessary.
Regards....
[Herif's] Wolfe WavesWolfe Waves™
This indicator draws wolfe wave patterns.
Some patterns need to be validated by the user.
When detecting Wolfe waves, two triangles are formed.
A target line is drawn from the origin of one of these triangles to the apex or trough of the other.
Bullish patterns are indicated by green triangles and bearish patterns by red triangles. The target line is black.
Care bullish wolfe wave rules
Understanding Wolfe Waves
Wolfe Wave patterns were first identified by Bill Wolfe and his son, Brian. According to Wolfe, they occur naturally in all markets. To recognize them, traders must identify a series of price oscillations that correspond to specific criteria:
-The waves must cycle at a consistent time interval.
-The third and fourth waves must stay within the channel created by the first and second waves.
-The third and fourth waves must show symmetry with the first and second waves.
-In a Wolfe Wave pattern, the fifth wave breaks out of the channel. According to the theory behind the pattern, a line drawn from the point at the beginning of the first wave and passing through the beginning of the fourth wave predicts a target price for the end of the fifth wave. If a trader properly identifies a Wolfe Wave as it forms, the beginning of the fifth wave represents an opportunity to take a long or short position. The target price predicts the end of the wave, and therefore the point at which the trader aims to profit off the position.
_Auto Pivot PointsOne of the main drawbacks to displaying Pivot Points on a chart is that many times the more extreme pivots (R/S3, R/S4, R/S5) aren't anywhere close to the price action during a timeframe. These extreme pivot points clutter up your chart and make it hard to use the "auto" zoom feature of TradingView.
The " _Auto Pivot Points " indicator solves these problems by automatically only displaying the pivot points if the price has crossed the pivot during the timeframe or it is the next closest pivot . For example, on monthly pivots if the price has only crossed the R1 Pivot then this indicator will display the R2 Pivot and any pivots below but it won't display the R3, R4, R5 pivots . The R3, R4, & R5 pivots are not very useful to the trader because the price hasn't even crossed the R2 Pivot . But as soon as the price crosses the R2 Pivot then this indicator will display the R3 Pivot because it is the next closest. And the same logic applies to the S Pivots .
If you need to see all the Pivots then there is a convenient toggle to display all the pivots by turning off the intelligent auto pivots . But as soon as you don't need to display all the pivots the toggle will turn on the automatic pivots .
This indicator has many style and logic options. This script allows you to control:
Number of past timeframes to display
Displaying Pivot labels
Label position (left/right)
Line color
Line width
Note: TradingView has a limit of 40 security calls per script. Due to this limitation this indicator can only display pivots a max of 7 time periods back.
Note 2: This indicator uses the Traditional pivot calculations.
Swing Pivots High LowBINANCE:BTCUSDT
This indicator is an opensource merge of the built in 'Pivot Points High Low' and the most popular 'Swing-high-low-support-resistance' indicators. The original 'Pivot Points High Low' does not have extensions with better visibility, while the most popular 'Swing-high-low-support-resistance' has no source available. I've also added additional configurable alert conditions for Pivot High and Low Crossover/Crossunder.
Please read the official documentation for further information about the indicator.
HTF Candles & PivotsThis indicator displays HTF candles and pivot points.
The candles are displayed in a box and you can select Open-Close, High-Low or both.
You can show all of the past, or just "today only" or "previous day only".
You can also shift one previous candle to the current one.
The pivot point is the normal one.
There is an option to display CPR (Central pivot range).
Example: Shift previous to current
Key Levels (Time Frames - Weekly,Monthly,Quarterly,Yearly)This indicator plots the 4h, Daily, Weekly, Monthly, Quarterly, Yearly Open High, Low and Mids.
You can watch how these institutional trading levels work as support and resistance.
Most Important you can add alerts to these levels with a few clicks.
Just add/remove unnecessary levels for scaling problems.
For any error/suggestion/improvement just let me know.
CPR_Previous Day Ranges_Initial BalanceHello Traders,
This script best works on Indian Index (Tested on BANKNIFTY & NIFTY)
This indicator can be used only for day trading (intraday: ex: 5min, 15min Timeframes) on indices.
This script helps to plot
1. Central Pivot Range(CPR)
2. Previous Day Ranges (PDH & PDL)
3. Initial Balance(IB)
brief description of indicators:
1. CPR: Central Pivot Range --> This indicator helps to identify key price points to set up trades. CPR is beneficial for intraday trading.
2.Previous Day Ranges: These ranges will help to understand the current day market.
PDH: Previous Day High value on current day
PDL: Previous Day Low value on current day
3.Initial Balance(IB):This indicator will help in day trading. IB will plot current day first 1hr high, low & mid values.
Disclaimer: This indicator can be used as refrence only. This has been tested on Banknifty and Nifty indices on day trading 5 minutes and 15 minutes timeframe. Understand yourself to knowledge of different trading methods.
Simple Daily Weekly Monthly YearlySimple price line of the previous daily, weekly, monthly, and yearly opens and closes.
By default your will get the open and close of the last period of the time frame. If you're in March, you will get the open and close of Febraury. If it is calendary day 20, you will get the open and close of day 19 (or previous market day).
Script can be modified to see the most recent opens and closes by switching the period on a desired time range to 0. This will make so that if you're in March, you will get the open of March and it's most recent close price even if the month isn't over.
Colors can be changed to your liking via the settings for the indicator.
To show the price labels on your y-axis, go to Main Chart Settings -> Scales -> "Last Value Indicator Label" and click the checkbox. Also, might be helpful to check the "Indicator Name Label" under the same settings.
The line plots need to be completely transparent, otherwise they will show up and crowd the price chart.
ATR Volume DivergenceThe indicator measures ATR relative to VOLUME of each candle, marks the candles where there is more volume than in the previous one, but a lower ATR - signifying a compression in price movement - resistance. It also marks the candle where there is a greater ATR than in the previous candle, but lower volume - signifying an expansion in price movement - vacuum.
P.S. Bring indicator to FRONT to see the colored candles clearly
Trends & Pivots [SignalCave]Trends & Pivots Indicator helps you to identify primary and secondary trends and potential support/resistance zones.
Trend detection have three modes which are “Aggressive, Moderate and Conservative” . You can customize the mode on settings screen.
Alerts are available for various conditions such as "Uptrend Shift, Downtrend Shift, Primary Uptrend Begin, Primary Downtrend Begin, Secondary Uptrend Begin, Secondary Downtrend Begin"
Type asset name on symbol search area.
Adjust your timeframe that you wish to track.
Click "Create Alert"
Select one of the condition that you wish to get inform from create alert panel.
Select "Once Per Bar Close" option.
Click "Create" .
Indicator: Gap Finder [KL]
About gaps:
A gap is a “jump” in a security’s price between the Open and the Prior Close . Gaps are very common in stocks during opening hours, especially when accompanied by catalysts.
What this indicator does:
This script will identify gaps that remained unfilled for at least one candle.
It is very common for gaps to be filled on the first candle, these gaps are arguably less meaningful, so they are ignored by the indicator to reduce the number of lines drawn.
Applications:
Since most gaps eventually get filled, the question is a matter of when . If going with the trend, a trader will open a long/short position when seeing an up/down gap. When going against the trend, then short/long the stock on up/down gaps and consider taking profits when price returns to where the gap originally occurred.
Originally intended for 1D timeframes, but gaps can occur in all timeframes. Applications are limitless.
SmartProfit - Trend Indicator (Main Version) - RUSmartProfit - Trend Indicator (Main Version) detects trend direction and gives trading signals for Short and Long positions.
You can use "SmartProdit - Trend Indicator" for any timeframe, from daily, 4h, to fewer ones, even minute timeframe.
We recommend using those timeframes:
4h. and 3h. - for swing trading
15min. и 30min. - for scalping
"SmartProfit - Trend Indicator" features:
1. Sell and Buy signals ( For setup, we have three parameters: HB, sensitivity, and stop )
2. TakeProfit values for Long and Short signals ( Prices for profit fixing )
3. Profit table ( Show profit of current indicator settings for chosen time range )
4. Current position table ( Show data for the current position in real-time. At this table you have all that you need to enter the position )
5. Trend lines ( Draw Global and local trend lines. )
6. Fibonacci levels ( Automatically draw global and local Fibonacci levels )
7. Fibonacci channel ( Automatically draw global and local Fibonacci channels )
8. Auto setting - sorts out more than 6000 variants of settings at one loop and gives the best one.
For best results, you should set up an indicator for each trading pair. For setup, we have three parameters: HB, sensitivity, and stop. We have an additional feature for auto setting, which sorts out more than 6000 variants of settings at one loop and give the best one.
For work with indicators we made 3 strategies:
First - we enter the position after the signal is approved. Close and reenter to position with approved signal for another side.
Second and third - the same, we enter the position after the signal is approved, but we use TakeProfit and StopLoss values to fix the position.
"SmartProdit - Trend Indicator" определяет направления тренда и дает торговые сигналы для входа в Короткую или Длинную позицию.
Индикатор позволяет торговать на любых Таймфреймах , как на дневных, так и на более мелких временных интервалах, вплоть до минутных.
Мы рекомендуем использовать Таймфреймы:
4ч. или 3ч. - для Свинг-торговли
15мин. и 30мин. - для Скальпинга
Подробнее о функционале индикатора SmartProfit:
1. Сигналы Покупки или Продажи ( Для настройки используется уникальные параметры HB и Чувствительность )
2. Значения TakeProfit для Long и Short сигналов ( Зоны фиксации прибыли )
3. Таблица прибыльности ( Отображает прибыльность текущей настройки на выбранном интервале времени )
4. Таблица Текущей позиции ( Показывает текущую позицию в режиме реального времени - в ней есть всё, что нужно для входа в позицию )
5. Трендовые линии ( Рисует как Глобальные, так и локальные трендовые линии, в зависимости от настроек )
6. Уровни Фибоначчи ( Автоматически строит уровни Фибоначчи, как Глобальные так и Локальные )
7. Каналы по Фибоначчи ( Автоматически строит каналы по Фибоначчи, как Глобальные так и Локальные )
8. Автоподсчет всех настроек индикатора - автоматически делает подбор более 6000 вариаций настроек за раз и выдаёт лучшие под каждый актив. Вам не надо тратить недели и месяцы чтобы вручную подбирать настройки, наш инструмент подберет лучшие настройки для Вас.
Для более лучших результатов, для каждого актива индикатор настраивается отдельно !
Для настройки индикатора используются три Уникальных параметра:
HB, Чувствительность, Стоп.
Для работы с индикатором разработаны три стратегии:
Первая - мы входим в позицию при закреплении сигнала и переворачиваемся (то есть выходим из позиции и заходим в противоположную сторону) по обратному сигналу.
По 2-ой и 3-ей стратегии мы также входим после закрепления сигнала, но для фиксации прибыли используем зоны TakeProfit, указанные индикатором.
Подробнее о всех возможностях стратегий, а также настройке и работе с индикатором, вы узнаете из нашей инструкции, которую выдаем персонально.
[Herif's] Harmonic PatternsFollowing things are displayed by default on the chart with harmonic patterns strategy. It can be use with automate trading platforms 3commas, zignally, frostybot, alertatron, wunderbit etc...
Bullish and bearish 5-point patterns are based on various Fibonacci retracement levels and signify potential reversal zones (PRZ).
As they become 80% complete, the dashed-line pattern will appear, displaying the PRZ and giving you time to prepare for a reversal.
Different combinations of specific fib retracements and extensions result in different patterns, and each is named for identification.
Bullish patterns signify a potential turn to the upside are colored green.
Bearish patterns signify a potential turn to the downside are colored red.
1- Live harmonic patterns which are still in trade with XABCD and ratio with labels.
2- Position Entry, Stop and Target levels on chart for all patterns.
3- Trades Stat table - Waves stat tables
in Settings:
Error Percent - This is error tollerance for matching pattern ratios. Cannot expect price ratios to be exactly as per books. Hence, adding few error tolerance will help identify patterns better.
When there are multiple patterns on chart, Entry, Stop, and Target labels and lines are created with specific distance from each other to provide clarity to the users.
Trailing and Targets
1-Trailing Start Stage - Defines when to start trailing stop-loss. It is recommended to set this value to either Target 1 or Target 2. Disabling the trailing or setting too far away may lead to being in trade on ranging market for too long. This may also result in drawing errors related to distance from current bar.
2- Custom Target Levels - Target and stop levels are set to optimal values based on individual patterns. If you want to override these levels, use the available input option to override targets and chose your custom Target1, Target2, Target3 and Target4
All Patterns you can enable or disable
Classic Patterns : Gartley, Bat, Butterfly, Crab, Deep Crab, Cypher, Shark, Nenstar
Anti Patterns: Anti Nenstar, Anti Shark, Anti Cypher, Anti Crab, Anti Butterfly, Anti Bat, Anti Gartley, Navarro 200
I will plan some updates and i will post some screen shots for settings as soon as possible.
Pivot Point BreakoutThis is a strategy taken from Perry Kaufman's book, Trading Systems and Methods.
Just like the title says, it's a breakout strategy. It works by buying when the current high is higher than the last pivot high, and selling when the low is lower than the last pivot low.
It does not have a good success probability, and relies on the good reward to risk ratio. Definitely not recommended for someone with weak hands.
ZigZag WavesHello All,
I am here with a new idea and script, " Zigzag Waves ". This indicator creates 3 Zigzags with different lengths, keeps the lengths of each zigzag wave and calculates/draws average waves for each zigzag. optionally it can reset the wave when zigzag direction changes and new highest/lowest found. And optionally it draws Exponential Moving Average(EMA) of the sum of waves. This idea is very new and at the moment there is no optimization for the Zigzag Periods. Maybe we altogether can improve the idea and find the best zigzag periods for different symbols and time frames.
Using the options You can play with the periods, add/remove EMA, set its color and reset the waves on new Highest/Lowest. As far as I see resetting the waves on new Highest/Lowest may bring better results.
if we enable "Reset the waves on new Highest/Lowest":
Using different periods and EMA length:
P.S. if you have ideas to improve this script, drop a comment under the script please.
Enjoy!
[BM] SSS 50% Rule EvaluatorSara Strat Sniper 50% Rule Evaluator
█ OVERVIEW
This indicator is based on Sara Strat Sniper's - 50% Rule for trading Outside Bars and helps you to evaluate the historical success rate of that rule.
█ FEATURES
Calculation
• You can choose to evaluate only the current bar to see if it forms an outside bar (success) or not (fail), but you can also choose to include the next bar to see if that one forms a compound outside bar.
• You can enable a start and/or end date to limit the calculation period.
Table
• Show or hide the table with the calculation results.
• Show or hide the calculation details (up/down data).
• Position of the table, opacity, cell width and text size can be customized.
Colors
• Table colors can be customized.
• You can choose to show the inside/outside bars in customizable bar colors.
• You can choose to identify successful/failed/recovered outside bars in customizable background colors.
█ LIMITATIONS
• This script uses a special characteristic of the `security()` function allowing the inspection of intrabars — which is not officially supported by TradingView.
• Intrabar inspection only works on some chart timeframes: 5, 10, 15, 30, 45 and 195 minutes, 1, 2, 3, 4, 5, 6, 7 and 8 hours, 1, 2, 3, 4 and 5 days, 1, 2, 3 and 4 weeks, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 and 12 months. The script’s code can be modified to run on other resolutions.
• There is a limit to how far back intrabar calculations can be performed, and is dependant on both the intrabar resolution and your subscription (which determines the number of available bars).
[AXSUSDT] Multi signal Autotrade Binance* Commission: 0.06 and Autotrades Binance setting:
* Risk: 1%/trades and Stoploss moving formular:
1. H4 timeframe: Supertrend indicator
...Uptrend when closes candles is above the green line.
...Downtrend when closes candles is below the red line.
2. Pivot H/L:
- UPTREND:
... HH (Higher High) - HL (Higher Low)
... HH (Đỉnh sau cao hơn) - LH (Đáy sau cao hơn)
- DOWNTREND:
... LL (Lower Low) - LH (Lower High)
... LL (Đáy sau thấp hơn) - LH (Đỉnh sau thấp hơn)
3. Keltner Channels for detemined a trend & open trades: No repainting by checking previous closes candles.
* KELTNER BASIS = EMA(50)
- Zone for UPTREND: closes candle crossover Keltner Channels Upper 1, 2, 3
- Zone for DOWNTREND: closes candle crossunder Keltner Channels Lower 1, 2, 3
- Zone for opentrades: Keltner Channels Lower 1, Basis, Upper 1.
a. Open trades at Basis:
b. Open trades at Upper 1/Lower 1:
c. Open trades at SELL Upper 1/ BUY Lower 1:
