Dynamic Support/Resistance Zones Multi-ResSimple support and resistance areas. The threshold parameter determines the sensibility. It works better if volume data is good.
Remember to refresh the script once in awhile when applied to lower resolutions.
//std1243cf0
Zones
FIRST 5-MINUTES ZONE AND HI-LO BRKOUTS..!FIRST 5-MINUTES ZONE
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This script displays the first 5-Minutes high and low range zone and shades in gray color for identification of the zone.
HIGH - LOW BREAKOUT
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As we all know that a stock's best breakout level is its previous day's high or low. Hence I designed the script to automatically draw a line when the LTP is near or crossing Previous day's high or Low price, so that we can be sure in taking trading decisions.
And added 30-EMA also
PR.HIGH BREAKOUT
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PR.LOW BREAKOUT
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- hope this may be a little help for you traders for taking decisions.
- HAPPY WEALTHY TRADING
cheers
SANJAY RAMANATHAN
B3 Weeklies - Pivot S/RBy request, some more of the levels that I like to see. I find that this works well on gold and crude oil the best. Stocks and ETF's sometimes have weird bars in after hours, and this sometimes destroys the week's levels. Any non liquid jump and back bars will likely not be tolerated by the study and ruin its data. The indexes sometimes work, but I find that the other pivot study I released is better for index futures. Forex hasn't been tested on this particular pivot study as of yet. Feel free to comment with your experiences using this with currencies.
This one is designed to show you your current week's action versus last week's action. Fibonacci levels are drawn from the range created by the week before, then offset from pivot HLC/3. These do not reprint so you can trust them to remain the same straight away from Sunday night into Friday's close. On other platforms I can get the next week in future to print as well, showing you where the next week trade levels on Friday before. Maybe I can figure out how to make pinescript print in the right extension, haven't got there yet.
Pretty good selection in 12 days of being a member though, so I am psyched how well this is going in TradingView, learnin' more language all the time. Feel free to leave some feedback, and happy to answer any questions. ~B3
ZONE Supply Demand Strategy1ZONE BUY STRATEGY
In this method look for recent block of black candles and take the before black candle as base handle ,Draw a line forward with the value open and close of the base candle ,When the price falls into this region next in near future execute buy order. Stop loss wont work.
Transient Zones v1.1Simple indicator to visualize Transient Zones (TZ) and Potential Transient Zones (PTZ).
The last 3 numbers in the header represent: probability of true TZ (black), probability of PTZ (navy) and probability of PTZ resolving (gray).
Original ForexFactory thread by EURUSDD www.forexfactory.com
Version 1.1:
- Added TZ/PTZ occurrence probability thanks to SPYderCrusher
Todo:
- Mid bar transient zones detection
- Draw rectangles for zones (once rectangle drawing gets implemented in pine script) or use dot/circle lines
- Mark forming PTZs more clearly
Previous version 1.0:
Transient ZonesUpdated version 1.1:
Simple indicator to visualize Transient Zones (TZ) and Potential Transient Zones (PTZ).
Original ForexFactory thread by EURUSDD www.forexfactory.com
Todo:
- Mid bar transient zones detection
- Draw rectangles for zones (once rectangle drawing gets implemented in pine script)
- Mark forming PTZs more clearly
