DcPi for intraday tradesDcPi stands for dark cloud and piercing , This is a very reliable pattern for intraday trades.
Precondition-
Whenever a big move is followed by gap(up/down) open next day.
Trade Setup-
Wait for price to enter in previous day range.
Aggressive traders can enter trade as soon as price enters previous day range, safe traders can wait for 1st 5 minute candle close, target can be mid of previous day range.
Trailing stoploss is a good way to secure your profits.
How this indicator helps?
Whenever intraday range will be more than 5% move, chart background will turn light blue, one might add stock to watchlist for next day.
if next day is gap open, chart background will be light green, and a textbox will be displayed with entry, stoploss and targets. One might take trades as explained in trade setup.
How it is dark cloud and piercing pattern?
Green candle followed by gap up open next day and closing in previous day range is Dark cloud on daily timeframe.
Red candle followed by gap down open next day and closing in previous day range is piercing pattern on daily timeframe.
Titik Pivot
[Alamode]ZigZagOne of the Alamode series that allows you to visually judge trends.
Helps you draw Fibonacci retracements and Fibonacci expansions.
Pivot Points & Midlines with color selectorAdapted from Pinescript Manual's "Pivot Points Standard". Added extra levels and midlines as well as user inputs for color and a "show labels" on/off switch.
So this will show the Pivot level, the resulting levels R1,R2,R3,S1,S2,S3 and the midpoint lines between these.
User can choose the Higher timeframe period from which to calculate these pivot levels, as per the original script.
I like to add two of these to a chart, one for daily and one for weekly pivot levels.
If you don't need any particular level, just comment out the appropriate lines (one from each of the second last and third last blocks in the script).
PivotBoss ADR Price TargetsThis script forcasts daily, weekly, Monthly targets well in advance so that you can position yourself accordingly. Script has four target levels such as 50% target level, 75% target level, 100% target level and 125% target level. You can scale out your position across these levels. Price has 80% potential to reach 1st target level, 70% potential to reach 2nd second target level and 50% potential to reach 3rd and 4th target level.
The script takes 10 period average daily range and high of the period to project the downside targets, 10 period ADR and low of the peiod to project upsdie target levels.
When the price is trades in the narrow range in the prior period then the potehtial to reach 125% target level increase by 90%.
This script is purely price based use it with other pivotBoss pivots and volume profile for confirmation of your bias
CPR, Opening Range & Candle Mid Point by R.ArunCPR, Opening Range & Candle Mid Points.
To display midpoints of candle sticks, you need to set the visual order of chart ( send to back )
SwingCPRThe above indicators is based on Central Pivot Range,
Details as to how to use it.
1.Strictly use 1D timeframe for analysis, sometimes you can use 1hr tf too.
2. R1(Redline) and S1(greenline) acts as resistance and support.
When you see a trending stock, you can always buy when the stock retraces to the CPR range with R1 as first target and vice versa.
KAOS - Divergence IndicatorDivergence Indicator... Works pretty well, Use with caution as it does amend itself depending on market whale activity.
1hr, 4hr and Daily good for macro movements.
Should be used a supplemental indicator to your over all strategy NOT as a entry exit.
Have fun :)
Made by someone else, but has been tweaked with better settings
Advanced ADR - PivotBossThis Script comes straight from PivotBoss Masterclass. Script calculates compression and expansion of prices. ADR is calulated for user defined period and it is compared over 10 period. If the prices goes over 125% of average ADRin the look back period then current price is over expanded and reversal is in the corner. When Prices falls below 65% of average ADR then prices are under compression. Then you should look to position yourself in the direction of the expansion.
Expansion leads to compression. Compression leads to Expansion
PivotBoss Pivots & Camarilla - H,D,W, M timeframe & OHLC LabelsThis is the new pivotboss pivots calculations and also has Camarilla Pivots . User can define which time frame pivots they want to see starting from Hourly, Daily, weekly and monthly. Added labels for each levels. So that user can calculate potential profit targets. This script also includes Hourly and Daily OHLC with labels. Added Developing mid point of the current day. The script can calculate midpoint as and when new highs and lows are made through out the day
Abbrevations used in this script
yHI - Yesterday's session High
dOP - Days open
yCL - yesterday's session Close
yLO - yesterday's session Low
MP -- Developing midpoint of the day
TC - Top channel
P - Pivot Point
BC - Bottom Channel
R1 - R4 -- Resistance levels
S1 - S4 -- Support Levels
Smart Indicator 28 - Swing Pivots (Higher Highs and Lower Lows)A simple way to find Higher Highs and Lower Lows (HH and LL) whit automatic Fibonacci Lines in the most common levels.
In this indicator the Higher Highs only happens when a high value are rising from each other in the last "Length of Real Pivots" highs and the next same number of highs are falling in every single bar.
The Lower Lows are inverted, LL only appears if a low is falling in every single bar in the last number of length and the lows price of the "n" bars next are rising.
You can use this Indicator in any kind of market.
Renko Chart Alerts with PivotsAdd alerts to renko charts to be notified when:
new brick
brick up
brick down
direction change
direction change up
direction change down
Also shows pivots based on brick reversals. Alerts also available for:
pivot breakout
pivot high breakout
pivot low breakout
You can hide the plots for pivot high/low and breakouts in the style tab of the settings for the indicator.
To add the alerts:
add the indicator to your renko chart
click add alert
click the condition dropdown and choose Renko Alerts
you should see all the alerts there and you can add any one or more to your chart
ZigZag++Hey Awesome Traders
I noticed people were so happy with my ZigZag lucemanb script and so I made one that is more user-friendly and customizable
Please note the original one is dedicated to developers, The code is very minimal for fast understanding when anyone wants to use it in their development
In this script, I have included several features like multi-timeframe and alerts. Do take a look and enjoy
If you are using the indicator, please comment down the link to your script
If you would love to support my work through donations, Am so happy to receive them
ADDITIONAL FEATURES
Do u have an idea or a feature that you want to be added,
You can ping me or ask about it here, I can always update
Check out some of the best works i have done with this script
1. Angle trading
2. Harmonic Patterns
CPRFibonacciPivots By EquityDuraiThe Central Pivot Range (CPR) is one of the most versatile price-based indicators available to traders. ... At any given time, the range can be support or resistance, it can forecast trending or sideways price behavior, dictate the day's direction, or serve as an integral part of a trend.
Keep in mind that depending on the market’s behavior, the formula for TC may in fact create the level for BC, and vice versa. I always refer to the highest level as TC, and the lowest level as BC, regardless of which formula led to the level’s creation.
ZFelds Fib PivotsPivot Points Based on Fibonacci numbers. Based on the Pivot indicator on NinjaTrader.
IndianPivotBossPivotShiftThis Indicator has to be used as a censorship as under:
Do not go long (STRICTLY) when the following is observed:
(ie, either go short if any other indicator supports or do nothing)
a) If the histogram is lower than the previous histogram; in other words sloping downwards.
Do not go short (STRICTLY) when the following is observed:
(ie, either go long if any other indicator supports or do nothing)
a) If the histogram is higher than the previous histogram; in other words sloping upwards.
This can be used for intraday / swing / positional.
The histogram are constructed from combination of floor pivots. The histogram are different from Pivot based oscillators.
For intraday, select Daily from the parameters and use chart timeframe less than 15 min preferably.
For swing, select Weekly from the parameters and use chart timeframe more than 15 min preferably but less than daily charts.
For positional, select Monthly from the parameters and use daily time frame charts.
It is an effective indicator that potentially prevents you from taking wrong trades.
The computation mechanism of the indicator is confidential as it is proprietary.
RVC-Weekly-Pivots-GANN-LevelsPurpose:
Weekly - Fibonacci pivot levels and Gann levels calculation and marking on Chart automatically.
Mainly expected to use for trading on NIFTY and BankNifty
Kindly share your comments and suggestions to improve
Semi Variance signals - KentDO ModelThe indicator generated by measuring the difference in yield volatility in two directions up and down, is called a Semi-measure of risk. A change in the sign of the difference between two halves of volatility produces a buy and sell signal.
The indicator can customize the number of observations.
The indicator adds reference Pivot Point level points for a larger time frame. Can edit the number of decimals, so suitable for Indices, Curencies, Futures, Crypto, Bonds
TFi Pivot Reversal StudyThe Pivot Reversal Study script uses pivot points to create a support and resistance level; based on this levels the script creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines.
A configurable trailing-stop and stop-loss is being used to exit an open position.
The entry and exit points are visualized in the chart via green arrows and crosses; the position follows the exact behavior of the strategy script.
The study also creates alerts, which follow the exact position of the entry/exit markers. Via the input parameter "Alert Message Type" it is possible to select a predefined alertcondition message; right now the script supports a generic default message and a trading setup for Alertatron.
How to use
The study works with all timeframes; the current chart setting is using a 15min timeframe. The strategy enters about 10 trades per day, depending on the used settings.
I'm also providing a "strategy" version of this study, which can be used to backtest the strategy.
How to access
This strategy is a "Invite Only" script. You can can subscribe or purchase the strategy ; please use the link below or send me a message via Tradingview to obtain access to the strategy and study script.
For enabling the script in your Tradingview chart window, click on "Indicators" and select "Invite-Only Scripts".
Full list of alerts:
'Enter Long' ... Enter long position
'Enter Short' ... Enter short position
'Exit Long PT' ... Exit long position - profit-target reached
'Exit Short PT' ... Exit short position - profit-target reached
'Exit Long SL' ... Exit long position - stop-loss
'Exit Short SL' ... Exit short position - stop-loss
Full list of parameters:
"Pivot Left Bars" ... Number of bars on the left of the pivot point - used for pivot/peak detection
"Pivot Right Bars" ... Number of bars on the right of the pivot point - used for pivot/peak detection
"Entry Offset " ... Entry price offset after crossing pivot line (in %)
"Trailing Activation Level " ... Trailing stop activation level above/below average price (in %)
"Trailing Offset " ... Trailing stop price (in %)
"Stop Loss " ... Absolute stop-loss (in %)
"Alert Message Type" ... Alert message type: generic or Alertatron
"Backtest ..." ... Backtest timeframe; area outside this timeframe will be grayed out
I'm looking forward to any feedback, reviews and change requests!
TFs Pivot Reversal StrategyThe Pivot Reversal strategy script uses pivot points to create a support and resistance level; based on this levels the strategy creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines.
A configurable trailing-stop and stop-loss is being used to exit an open position.
How to use
The strategy works with all timeframes; the current chart setting is using a 15min timeframe. The strategy enters about 10 trades per day, depending on the used settings.
I'm also providing a "study" version of this strategy, which can be used to automate the strategy by using webhooks for instance.
The script is using a default commission of 0.075% which reflects Bitmex' Taker-Fees. This is just a default and can be modified in the strategy settings for each instrument individually.
How to access
This strategy is a "Invite Only" script. You can can subscribe or purchase the strategy ; please use the link below or send me a message via Tradingview to obtain access to the strategy and study script.
For enabling the script in your Tradingview chart window, click on "Indicators" and select "Invite-Only Scripts".
Full list of parameters:
"Pivot Left Bars" ... Number of bars on the left of the pivot point - used for pivot/peak detection
"Pivot Right Bars" ... Number of bars on the right of the pivot point - used for pivot/peak detection
"Entry Offset " ... Entry price offset after crossing pivot line (in %)
"Trailing Activation Level " ... Trailing stop activation level above/below average price (in %)
"Trailing Offset " ... Trailing stop price (in %)
"Stop Loss " ... Absolute stop-loss (in %)
"Capital Risk Factor " ... Capital risk factor (in %)
"Margin / Leverage " ... Optional leverage factor which can be used to leverage position (in %)
"Backtest ..." ... Backtest timeframe; area outside this timeframe will be grayed out
I'm looking forward to any feedback, reviews or change requests!
Pivot AverageThis is an interesting application of Tradingview's basic Pivot HL indicator.
Pivot Average Indicator takes N number of the most recent Pivot Points (for both High and Low) and computes the average of the pivot points. The average price is then plotted on the chart.
The number of pivot points to average is a user defined variable that can be adjusted in the settings.
One can develop his/her own strategy by using this. One way to use this indicator is to buy when the price breaks above the average of High Pivot points and to sell when the price breaks below the average of Low Pivot points.
