Overlays the Average True Range high/low over Price. Shifts between support and resistance levels (based on ATR-21) according to price trend and breaks.
Average true range: en.wikipedia.org
This indicator shows the support and resistance levels of four periods. Now you can customize it entirely, defining the periods and what you can show, or not.
When a weaker support/resistance is broken you now what is the next support/resistance.
The average of support and resistance can be used as an entry point or as a indicator of bear/bull market (when the...
I took the script from here so credit to the author
made some slight modification and add fib to make the buy point more stable
it can be improve further with addition of some extra, I did not check if it repaint as it not my code
A pun between the word flag and the adjective flagging (less dynamic) , this indicator have two bands who react faster when in contact to the price. Imagine you are under sheets, if you abruptly rise, the sheets will instantaneously go up, then if you abruptly get down, the sheets will fall slowly until being in contact with a surface, this is...
This price action indicator calculated on the relationship of 3 adjacent bars/candles adds an extra dimension to my indicator mix and with
a different perspective can help confirm or question an opinion formed by other indications (volume related, momentum, the chart itself and etc.).
Further, I have traded with it a...
This was supposed to be an automatic ICT OTE (Optimal Trade Entry) Fib level placement on a 3-day scale, but this did not turn out anywhere near close to how I envisioned it working.
Probably with some more development and applied math for the fib levels, I can get this to work even with breached 3D levels, but currently it's an exercise in frustration.
This indicator plots on the chart the parameters and signals of the Price Action and 3 EMAs Momentum plus Sessions Filter Algorithmic Strategy. The strategy trades based on time-series (absolute) and relative momentum of price close, highs, lows and 3 EMAs.
I am still learning PS and therefore I have only been able to write the indicator up to the Signal...
It indicates the previous week high and low.
When overlaid on the daily chart, it give buy and sell signals (in the understanding you have made a trade setup). Buy when the price crosses the previous week high, sell when it crosses the previous week low.
// Fixed error message "Index should not be negative(-8)"
// @author lonestar108
study(title = "3/9/27/9 Zero Lag EMA / EMA / Pivots / Dynamic Support", shorttitle="3/9/27/9 ZLEMA/EMA/Pivots/Support", overlay=true)
lengths=input(3, title="Short Period Length")
length=input(9, title="Fast Period Length")
length2=input(27, title="Slow Period...