Kapua Whenua LANDZZ1Kapua Whenua means Earth's Clouds in Maori language, this indicator was created to show impulses and trends of the asset's price movement both up and down.
The Indicator was made based on key numbers of the golden ratio:
Conversion Line: Kw 17 (Purple Color)
Kw 34 - Short Period Fractal (Light Blue Color)
Kw 72 - Short/Medium Period Fractal (Orange)
Kw 144 - Medium Period Fractal (Yellow Color)
Kw 305 - Medium/Long Period Fractal (Dark Blue Color)
Kw 610 - Long Period Fractal (Grey)
Kw 1292 - Long Period Fractal+ (Black Color)
The baseline or also called the conversion line is identified by the Color Purple of value 17.
How to read the indicator:
Every time the conversion line (Purple Color 17 periods) crosses a Kw value (Kapua Whenua) it will always look for the next KW line above or below the value as support or resistance.
For example:
If we are in a bull market, and the price crosses below the KW17 conversion line it will go towards KW 34 as support, if the price breaks KW 34 it will go towards the next line below KW 34 as support.
Every time the conversion line or the price crosses a higher value of Kapua Whenua (KW) this trend will be stronger, it means, if the conversion line (KW 17) crosses above KW 305 it will indicate more strength than if it had crossed above the KW 72 or 144 for example. So to get better results trading with the trend, always observe if the conversion line and the price are below or above some Medium/Long Period KW.
Note also that, in an uptrend, it could be that all KW are below each other. In a downtrend, it could be that all KW are on top of each other. This indicates that the farther the price is from the fractals the stronger the trend is, also, when there is a narrowing of the fractals means that the price will start to go sideways. If the price is between 2 or more Fractals, it will indicate consolidation.
A really good trend is considered when the price or the Short/Medium Period Fractals are all above or below at KW 610, which is a long period fractal, meaning a strong uptrend or downtrend.
A larger KW can be at the same point as a smaller KW, however, the stronger color will be shown above the weaker one.
***Larger chart timeframes are better to see longer KW fractals that are above or below the price, if your chart timeframe doesn't show a bigger support or resistance fractal, change the chart time to another longer period**
Tip - Get used to looking at line colors as your indicators, just like moving averages. You can also take or place any fractal at any time in the configuration menu.
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Market inbalance zone boxes [LM]HI Traders,
I would like to introduce you Market inbalance zone boxes, the idea is to look for big volatile candle and candle before and after. Big candle is result of big money orders and it creates zone where either bulls or bears where dominant. So it's a good place to look for support or resistance
The zone created if it meets volatility (atr) condition and if the candle has some percentage of body over wick. Top and bottom is determined by candles before and after this candle occures
In setting there is an option to shrink the gap as the the price continues advance more into the box. If the price will reach exceeds on it's way the box the gap is completely closed.
I hope you will enjoy it
Sweep TrackerThe script marks the bullish and bearish sweeps. You can change the number of lines drawn by modifying the value of max_lines_count in the first line of the code. Limiting feature will be available from menu in the next update.
CFD Ticks LevelsSimple but very effective script that finds areas of support and resistance through ticks exchange. Only works with CFDs
(You must enter in the settings the value corresponding to the CFD, example: US500 = 500, DAX30 = 30, FRANCE40 = 40 etc ...)
As usual, if you have any suggestions or bug reports don't hesitate.
Cheers
QFL bull bypassThis bypass indicator triggers plots 1 when the price is above the QFL base.
This can be used as a "bypass" by a consumer indicator that can skip trades when the bypass is triggering.
You can use it for long and short strategies, to prevent using buy or sell signals in areas were the price is either overextended.
QFL works better in 1, 2 or 4 hours timeframes.
Pivot High/Low Analysis & Forecast [LuxAlgo]Returns pivot points high/low alongside the percentage change between one pivot and the previous one (Δ%) and the distance between the same type of pivots in bars (Δt). The trailing mean for each of these metrics is returned on a dashboard on the chart. The indicator also returns an estimate of the future time position of the pivot points.
This indicator by its very nature is not real-time and is meant for descriptive analysis alongside other components of the script. This is normal behavior for scripts detecting pivots as a part of a system and it is important you are aware the pivot labels are not designed to be traded in real-time themselves
🔶 USAGE
The indicator can provide information helping the user to infer the position of future pivot points. This information is directly used in the indicator to provide such forecasting. Note that each metric is calculated relative to the same type of pivot points.
It is also common for analysts to use pivot points for the construction of various figures, getting the percentage change and distance for each pivot point can allow them to eventually filter out points of non-interest.
🔹 Forecast
We use the trailing mean of the distance between respective pivots to estimate the time position of future pivot points, this can be useful to estimate the location of future tops/bottoms. The time position of the forecasted pivot is given by a vertical dashed line on the chart.
We can see a successful application of this method below:
Above we see the forecasted pivots for BTCUSD15. The forecast of interest being the pivot high. We highlight the forecast position with a blue dotted line for reference.
After some time we obtain a new pivot high with a new forecast. However, we can see that the time location of this new pivot high matches perfectly with the prior forecast.
The position in time for the forecast is given by:
x1_ph + E
x1_pl + E
where x1_ph denotes the position in time of the most recent pivot high. x1_pl denotes the position in time of the most recent pivot low and E the average distance between respective pivot points.
🔶 SETTINGS
Length: Window size for the detection of pivot points.
Show Forecasted Pivots: Display forecast of future pivot points.
🔹 Dashboard
Dashboard Location: Location of the dashboard on the chart
Dashboard Size: Size of the dashboard on the chart
Text/Frame Color: Determines the color of the frame grid as well as the text color
Multi Range VWAP PivotsMulti Range VWAP Pivots turned out to be one of my most accurate pivot indicators to date!
Multi Range VWAP Pivots works by recognizing the high and low of the timeframe selected (D, W, M, 6M, and 12M) and plotting range high to VWAP averages and range low to VWAP averages.
After further examination of each completed range, I came to the conclusion that due to the nature of averages, high and low respectively would need to be completed within the current range, for the averages to actually display pivots correctly. This means that if all averages appear to be "pivoting" correctly after or during a break lower of higher, then we can only assume the most recent break higher or lower could be exhaustion and price will be reverted to the mean (VWAP). OR, this could be the most accurate hindsight indicator on the planet.
*DISCLAIMER*: This indicator repaints. DO NOT backtest or set alerts with this indicator.
quarter level dinamicLimited quarter level script but more flexible in compared to my FX script, same logic behind
Bollinger Bands SRThis simple script base on Bollinger Bands to defined Support and Resistance and marked Bar False broken SR by Reversal Arrow. Detail of rule as below:
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1.Defined Support and Resistance
1.1.Support
+ Key bar:
- Open Price lower than BB lower band, Close Price higher than BB lower band
+ Support Zone:
- Bottom Zone place at Low Price of Key bar
- Top Zone place at Median Price (HL2) of Key bar
1.2.Resistance
+ Key bar:
- Open Price higher than BB upper band, Close Price lower than BB upper band
+ Resistance Zone:
- Bottom Zone place at Median Price (HL2) of Key bar
- Top Zone place at High Price of Key bar
1.3.Median Line
+ Median Line place at half of Range limit by Support and Resistance
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2.Defined False Break
2.1.Defined Bull Trap
+ High Price higher than Top of Resistance Zone
+ Close Price lower than Top of Resistance Zone
+ Open Price higher than Bottom of Resistance Zone
+ Bar Direction is downward
+ Body of current Bar greater than Body of previous bar
2.2.Defined Bear Trap
+ Low Price lower than Bottom of Support Zone
+ Close Price higher than Bottom of Support Zone
+ Open Price lower than Top of Support Zone
+ Bar Direction is upward
+ Body of current Bar greater than Body of previous bar
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3.Defined Reversal Arrow and Alert
+ Arrow Down when Bull Trap appear
+ Arrow Up when Bear Trap appear
+ Alert when Reversal Arrow appear
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4.Trading
4.1.Long Position
+ Consider open positon when Arrow Up appear
+ Stoploss place at Low Price of Arrow Bar
+ Take profit at Resistance Zone
+ Consider Exit Position when:
- Price moving above Median Line and has Bearish Reversal Pattern
4.2.Short Position
+ Consider open positon when Arrow Down appear
+ Stoploss place at High Price of Arrow Bar
+ Take profit at Support Zone
+ Consider Exit Position when:
- Price moving below Median Line and has Bullish Reversal Pattern
quarter level 0.5 to 2.0This script could help to see edged level for a reverse on forex, not for yen pairs and is based on quarter and round number theory.
I suggest to use it on H4 timeframe or lower to have a confermation on support or resistance level.
PriceCatch Opensource CPRHi Friends & TradingView community.
Greetings to you.
Some traders like to use Central Pivot Range (CPR) in their chart for assessing price movement. It is usually used in combination with Pivot Levels.
Calculating CPR is a simple matter. There a few CPR scripts in the Public Library, but have the code hidden. I thought there may many users who may want to know how CPR is calculated and study it for use in their own scripts. So, here is the CPR script with the code. Use it as you please.
Note: CPR is plotted only on intra-day time-frames.
The light magenta (band) range is current day CPR.
The light blue (band) range is tomorrow's CPR projected for you today itself based on current day's price action and range.
Queries / feedback welcome.
All the best.
PS: The script is developed to the best of my ability and as with all indicators, you have to decide if it might be useful to you when adding to your chart.
Breakout Trend Follower V2This is a variation on my other Breakout Trend Follower script. In the other script, you can use a moving average to act as a filter for your trades (i.e. if the price is below the moving average, it won't go long). After making the tool that detects trends on higher timeframes, I wanted to see if that might be a better filter than a moving average.
So this script lets you look at higher time frame trends (i.e. are there higher highs and higher lows? If so, this is an uptrend). You only take trades when you are with the trend. You have the ability to select up to two trends to act as a filter. Each trend direction is shown on a table on the chart for easy reference. The current pivot highs and lows are plotted on the chart so you can see when you might be breaking both the current timeframe's trend and higher level trends.
What I found was that in general this does not perform as well as the other strategy, but it does seem to be a lot more picky with trades. Showing higher win rates and a better profit factor. It just takes a lot less trades and the net profit isn't as good.
Volatility semaphore Support&Resistance multi timeframe [LM]Hello Traders,
I would like to introduce you volatility semaphore support&resistance levels. The idea is the same as the pivot
semaphore script of mine to spot the importance of support&resistence.
It is little bit different than previous script as it uses different line API than previous volatility support& resistance multi timeframe . You have more control over hat and how many lines are rendered(better to use odd numbers in line count setting as it always finds 2 S/R lines). Also this indicator has setup for contol whether you want wicky candles or no by setting percentage of candle body that is accepted.
I hope you will enjoy it.
Volume Profile / Fixed RangeHello All,
This script calculates and shows Volume Profile for the fixed range . Recently we have box.new() feature in Pine Language and it's used in this script as an example. Thanks to Pine Team and Tradingview!..
Sell/Buy volumes are calculated approximately!.
Options:
"Number of Bars" : Number of the bars that volume profile will be calculated/shown
"Row Size" : Number of the Rows
"Value Area Volume % " : the percent for Value Area
and there are other options for coloring and POC line style
Enjoy!
Ultimate Moving Average support&resistance [CC+RedK+LM]Hey traders,
I would like to introduce you my new script that is based on amazing script Ultimate Moving Average from @cheatcountry and @RedKTrader so shout out to them
The idea is the same like in my other S/R script to look for areas of potencial reversals
You can either use it as moving average as cheatcountry intended or you can add S/R lines. If you want to look at more detailed, please visit cheatcountry's script where explains idea behind his moving average.
Thank you and I hope you will enjoy it.
Margin Buying Pressure Zones Longs & ShortsShows the Margin Pressure Zones for longs and shorts Longs & Shorts based on 2 Base prices to be configured by you.
For definition of "Margin Pressure Zones" see: www.investopedia.com
