English: **Description of "Swing Action Price" TradingView Script** "Swing Action Price" is a custom technical indicator designed to identify swing highs and swing lows in a financial market. The script calculates and plots various lines on the chart to visualize these swing points. Swing highs are points where the price has made a local peak, while swing lows...
The Developing Market Profile Indicator aims to broaden the horizon of Market Profile / TPO research and trading. While standard Market Profiles aim is to show where PRICE is in relation to TIME on a previous session (usually a day). Developing Market Profile will change bar by bar and display PRICE in relation to TIME for a user specified number of past bars. ...
The "Liquidity Peaks" indicator is a tool designed to identify significant supply and demand zones based on volumetric analysis. It analyzes the volume profile within a specified lookback range to pinpoint the most volumetric point and draw corresponding zones on the price chart. The 𝐋𝐢𝐪. 𝐏𝐞𝐚𝐤𝐬 indicator utilizes volume data to identify key supply and demand...
The RSI Chart Levels shows you in a simple way where Support/Resistance might be. You want to make sure all settings are the same in the RSI that you are using with this overlay to be accurate. This is also good at spotting divergence in real-time. If price goes over the Higher High but the RSI hasn't gained a new Higher High it is showing divergence, vice versa...
The "Days Higher Than Current Price" indicator is a color-coded tool that provides insights into the historical price performance of an underlying asset. By analyzing the number of bars prior to the selected day that had higher closing prices, this indicator visually represents the comparative strength or weakness of the current price level. The "Days Higher"...
The Liquidity Sentiment Profile is an advanced charting tool that measures by combining PRICE and VOLUME data over specified anchored periods and highlights within a sequence of profiles the distribution of the liquidity and the market sentiment at specific price levels. The Liquidity Sentiment Profile allows traders to reveal significant price levels,...
🟩 This script is a “do-it-yourself” Grid Bot Simulator, used for visualizing support and resistance levels. Prices are divided into grids, or trade zones, that will trigger signals each time a new zone is entered. During ranging markets, each transaction is followed by a “take profit.” As the market starts to trend, transactions are stacked (compare to DCA ),...
Use this code to stop support and resistance This can be used with the momentum indicators that I have to see if we are likely to breakout or get rejected Indicator Settings: The indicator is titled "Support/Resistance | Breaks & Bounces" and is set to overlay on the price chart. max_lines_count is set to 500, indicating the maximum number of support/resistance...
I've created a user-friendly trading indicator that interprets and visually presents support and resistance levels, transforming raw data into actionable insights. Here's a glimpse of what you might encounter: Today's trigger points (ES) Support: 4264.5,4220.75,4131.5,4164.5,3980.75,4182.5,4174.25,4120,4112.25,4089.25,4085.75 Resistance:...
With this indicator, the VWAP is displayed based on two adjustable sources. Close and Open are recommended by default. The zone between the Open and Close VWAP is carried over to the next day as the zone at the end of the period. The zones can be considered as support and resistance zones. The chart illustrates the idea behind it. In addition, the anchor...
This Indicator Identifies and draws the support and resistance Zones On the Chart 🔶Overview The support and resistance indicator is a technical indicator that will plot the support zone and resistance zone on the candlestick chart. It determines the price touches to find the strong support resistance zones. The support and resistance indicator is the most...
Introducing "Volume Profile Bar-Magnified Order Blocks", an innovative and unique trading indicator designed to provide traders with a comprehensive understanding of market dynamics. This tool takes the concept of identifying order blocks on your chart and elevates it by integrating a detailed volume profile within each order block zone. Unlike standard order...
The Support Resistance Classification indicator shows SR levels from a user-defined range using higher time-frame data (HTF). Levels are classified 1 through 10 based on their strength, with lower values indicating stronger support/resistance levels. This indicator doesn't use visible range functionality, in contrast to our Support Resistance Classification...
Weekly Range Support & Resistance Levels Description: The Weekly Range Support & Resistance Levels analyzes weekly ranges and takes the average range of the last 30 weeks (default setting). It also takes the average +/- a standard deviation, and creates support & resistance levels/zones based on the weekly opening price. The levels will update each week,...
The Support Resistance Classification (VR) indicator shows SR levels on any chart's visible range using higher time-frame data (HTF). Levels are classified 1 through 10 based on their strength, with lower values indicating stronger support/resistance levels. This indicator uses visible range functionality, whereas if you adjust your chart to show previous price...
Introducing the "Golden Zone" indicator, a powerful tool that simplifies the Fibonacci indicator by creating a clear Golden Zone to identify potential future price movements. The Golden Zone is a supply or demand zone that corresponds to the 61.8% and 50% Fibonacci retracement levels. These levels are important because they often mark zones where the price reacts,...
The Supply and Demand Visible Range indicator displays areas & levels on the user's chart for the visible range using a novel volume-based method. The script also makes use of intra-bar data to create precise Supply & Demand zones. 🔶 SETTINGS Threshold %: Percentage of the total visible range volume used as a threshold to set supply/demand areas. Higher...
This indicator is a formula that includes 4 different zones which are different sizes based on the ticker you decide to use. It was optimized for SPY and other market ETFs but works well for all stocks on the market. The formula puts a zone at the previous day's high and low, and the previous 5 day's high and low. These zones are meant to be used as support and...