In this version of my indicator, you can see the trend in the bars themselves, this is an extremely accurate view of how the market is performing on a lower scale timeframe. The indicator calculates the buy and sell signals using HLC3, Simple Moving Average ( SMA ), and the Exponential Moving Average ( EMA ) as soon as they cross. This indicator is useful with...
Fibonacci Speed and Resistance Fan is an analytical drawing tool used to indicate the support and resistance levels of an existing trend and the price level at which possible changes in the trend may occur. A Fibonacci Speed Resistance Fan consists of a trend line drawn between two extreme points - a trough and opposing peak or a peak and opposing trough - on...
This script uses the Traditional Pivot Points but includes the price levels and the 50% line between levels. We added the ability to change the line color of the major levels and the minor levels independently, for better clarity. Added alerts - used code from QuantNomad. Pivot Points description from TradingView default indicator: Pivot Point analysis is a...
Pivot points are probably one of the greatest leading indicator for any and all asset classes, used since the advent of the public/private markets, granted it uses previous days data, it is an awesome leading indicator that produces guide rails for future trading periods. This project was born out of the necessity to have the additional fibonacci levels and to...
1. Identify the trend * On the chart: a. Part of Dow theory: multi-trades active at the impulse waves. Uptrend trend: - HH / Higher High: The following peak is higher than the previous one. - HL / Higher Low: The back bottom is higher than the previous one. Downtrend: - LL / Lower Low: The back bottom is lower than the previous one. - LH / Lower High:...
This is a Pivot Points Algo (PPA). PPA uses an adaptive pivot algorithm that adapts to different market situations based on various factors. PPA also includes depth filtering to make it more precise at its signal decision. ======= Signal Types ====== Main Signal of BUY and SELL shown by buy/sell labels. Mini Signals of BUY and SELL shown by buy/sell arrows and...
English: ------------------ Mostly tested on Crypto Currencies 2 different usages for 2 different situations For high volatity, use light color thick lines. Ignore the dark ones. For standard, use dark and thick lines.Ignore the light ones. When price bar's high hits the red line = sell When price bar's lowhits the green line = buy Wait for the lines keep...
Pitchfork is a technical indicator for a quick and easy way for traders to identify possible levels of support and resistance of an asset's price. It is presents and based on the idea that the market is geometric and cyclical in nature Developed by Alan Andrews, so sometimes called Andrews’ Pitchfork It is created by placing three points at the end of...
This is a new take on Traditional Pivot Points. By modifying the calculations, we were able to create "pivot zones" with a decent degree of accuracy.
VWAP Alerts signal over bought/over sold conditions, relative to volume weighted average price, while deviation bands plot an extremely accurate point of mean reversion. VWAP Alerts V3 includes multiple timeframe selection, along with multiplier input for deviation band setting Alerts can be set for each individual band, for extreme oversold/overbought...
Displays lines connecting past pivot high/low points with each line having the slope of a linear regression. This slope can also be controlled by the user with the 'Slope' setting. Each line can be used as a support or resistance by the user. Settings Length : Pivot length. Use higher values for having lines connected to more significant pivots points. ...
The VWAP oscillator plots VWAP as the zero line with price, relative to VWAP. This can be use the same way you would traditionally use VWAP, with a much clearer picture of deviation from VWAP. Also, after creating the script, I noticed divergence was extremely noticeable here!
I like a clean chart and trade primarily with price action alone, but the power of VWAP is undeniable, which is why VWAP is the basis of most of my scripts. The VWAP oscillator plots VWAP as the zero line with exponential average price, relative to VWAP. This can be use the same way you would traditionally use VWAP, but after creating the script, I noticed...
This is an intraday strategy. Camarilla Level 3 breakout strategy. Conditions are long above Camarilla R3 only under certain circumstances related to the distance between Central Pivot and Level 3 pivots and also the location of the Opening price of the day. Exit is assumed to be at the end of the day. It is suggested to exit the trade if price falls back below...
this study will plot yesterdays, high and low price, pre market's high and low price, regular day's high and low price and post markets high and low price.
This script is used to identify market structures, specifically RBR (rally base rally) and DBD (drop base drop) structures. A rally base rally structure indicates that the market has created a demand zone (can be interpreted as a support) while a drop base drop structure indicates that the market has created a supply zone (can be interpreted as resistance)....
First order pivot points are defined as 3 or 5 bar "V" shaped patterns. For example a high with a lower high either side of the peak and in the case of the 5 bar variant with lower highs adjacent to a high below the peak. Second order pivot points are defined by three first order pivots in the same manner. For example a peak pivot high with a lower pivot high to...
These are upgraded MasterChartsTrading Price Action Indicators with future projections --- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand. You can also think of these indicators as moving pivot...