Introduction
I already made an indicator (simple line) that tried to make lines on price such that the results would not repaint and give a good fit to the price, today i publish a channels indicator based on the simple line indicator. The indicator aim to show possible support and resistance levels when the central line posses a low sum of squares with the...
Monthly and Yearly only
What is a Pivot Point?
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is...
What is a Pivot Point?
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to indicate ongoing...
Just a modification of my old auto-line script, lot of errors fixed and a correction in the standard deviation. Also changed the tittle because "auto-line" was really confusing.
Here is the code of twr indicator
I'v already posted a idea about this indicator. You guys can make this chart more complete if you want.
Complete indicator is just fixed the color align in some price pattern.
The rule is hard to write for me but we have simple version here. :)
Read more about tower line:
Tower line here
Need help about tower line(To add the...
Introduction
Making lines is great in technical analysis since it can highlights principal movements and make the analysis of the price easier when using certain methodologies (Elliott Waves, patterns).
However most of the indicators making lines (Zig-Zag, simple linear regression) are non causal (repaint), this is the challenge i tried to overcome, making an...
More Efficiency
Based on the Auto-Line code, the Efficient Auto Line aim to provide a more controlled adaptivity of the indicator. The first indicator of this sort worked this way : when the absolute difference between the price and the indicator is higher than the previous indicator +/- A pips of amplitude, the indicator will display the closing price, else...
it plots
ema - you can choose length
it plots a custom price say x
it plots price x*factors >
1.0005* price
1.001* price
0.9995* price
0.999* price
1.002* price
1.004* price
1.006* price
1.008* price
1.010* price
1.012* price
you can edit these , the scrip is open source
it plots ohlc4 and ohlc4* factors
1.0005* ohlc4
1.001* ohlc4
0.9995* ohlc4
0.999* ohlc4
you...
this indicator shows the trend lines and the channel which price fluctuate within, according to highest and lowest prices (historical data)
every line is calculated according to present bar and no repaint occurs.
Thanks to the great work of KIVANÇ in the Relative Estimated Price REP by KIVANÇ fr3762, it has adapted modifications in the Lookback bar length, transformed into strategy, where a line determines a relative average price of XBTUSD, BTCUSD, ETHUSD and BCH.
the line is a calculation, where it involves reading previous candles where it determines what the current...
A variation on the Auto-Line indicator, we allow it to get closer to the price thanks to a drift , this also allow the line to be more directional .
This indicator can be used with moving averages using crosses as signals or as a band indicator by ploting a + dev as the upper band and a - dev as the lower one.
For any help or suggestions feel free to send a...
This is a customized Tradingview indicator will automatically plots ascending trend lines which formed by two adjacent swing highs. It will also draw 5 extended resistance and support levels after the trend line detected.
Please contact me for purchase info.
![EURAUD: [RS]Function - Geometric Line Drawings](https://s3.tradingview.com/k/KhKqjR0J_mid.png "[RS]Function - Geometric Line Drawings")
![EURAUD: [RS]Auto Trend Channel](https://s3.tradingview.com/d/d2BvtClN_mid.png "[RS]Auto Trend Channel")
![USDJPY: [RESEARCH] Dashed Line Style](https://s3.tradingview.com/u/UbWkB5b4_mid.png "[RESEARCH] Dashed Line Style")
