I wrote some Support/Resistance scripts before this. In this new script, I implemented the logic of the code from the scratch, so it's very different from my previous S/R indicators and I think it's more advanced, accurate and efficient.
As the result it could do the followings for now:
- Draw more strong classical resistance/support levels by checking previous...
0.65 -0.666 Fib levels or commonly know as the CC pocket
Marks Strong Support/Ressitance, Use with conflunce.
Lookback Length is adjustable
Let me know any suggestions or ideas which could help improve
Author: Arthur Wayne
Description: This script automatically plots levels according to Primetime Trading Academy guidelines.
On the monthly chart, you should select two significant monthly support/resistance levels and input them into the script. It is recommended to mark these levels with the price label tool.
The script will then...
This indicator will help you present critical levels from a certain time frame.
Purpose and Usage
Many day traders are using the previous day high, close and low, as critical levels in their trading. in order to easily present those levels on your chart, I created this indicator in which you can define which of those you would like to present on...
I would like to introduce you donchain support&resistance levels. The idea is to look for important levels that are identified by donchain line, where donchain usualy spents a lot of time without any move usualy turns out to be good level for bounces.
Also note that when there is a big spread between first line and second line it usually leads to...
This script plots a line for X minutes, when the given reference source (which could be another indicator like volume, etc), exceeds the fixed value threshold.
There is a line limit in TV, so only the most recent 40 lines are plotted
Thank you for sparing you time to read my indicator.
This indicator has been created as a suite of 3. This was to ensure that those with only the Free Trading View account could benefit (with their restriction to 3 indicators). Please ensure you install each indicator and read each indicator write up to fully understand what has tried to achieved.
The FATS - Fibonacci Auto Trend Scouter automatically draws active trends from 2 different timeframes along with Fibonacci Support and Resistance levels. It also has a Sights feature for each timeframe which points from it's middle towards the current price. The tool is also highly customizable for you to take this indicator over 9000. If you like the tool and...
Support and Resistance Levels augmanted and reprocessed
This is an augmented version of my earlier script that can be found here:
This time it features zigzag and channel lines, signal generation and filtering and performance testing. Signal generation and filtering...
====== ABOUT THIS INDICATOR
- A simple but highly customisable display of previous higher time-frame
OHLC values, drawn using line.new and label.new. Nothing fancy but...
- Customised resolution input which excludes time frames lower than 1 hour
while extending the common higher reference inputs to include:
• 6, and 12 Hour
Simple script to show key levels of current day and previous day. Labels can be turned on and off as needed. Line colors, thickness and style can be changed. Modified the "M/W/D Level" script from paaax. Credit for original code goes to him. Link to script and profile posted in code of this script.
Plots levels representing the prices that the stock closed above its n-period moving median(default=100).
2 thickest lines represents the two most recent crossover levels.
Candles are colored green if the price is currently above its moving median and red if below.
After some chart measures, I noticed that if we took the difference between fast and slow Moving Average lines and apply the Fibonacci ratios, we get a very reliable support and resistance level for each bar.
So, I made this script to help me (and anyone who wants to use it) know where we should close or put stops in our orders.
█ HOW TO USE IT:...
This algorithm draws supports/resistance levels automatically based on historic candle density at each height. The basic idea is the levels where price is rejected quickly is likely to have fewer candles in the past than the levels above and below. This does not take volume into account. The lookback and number of levels has to be kept low to prevent too many...
Opening Levels is an indicator to draw lines on the opening prices of the current day, week, and month.
1. Line Width :- Opening Levels Line width, from 1 to 10
2. Right Offset :- Right offset from current bar, from 0 to 50
3. Line Style :- Select line styles from
4. Show Label :- Show or hide price labels
5. Day Level Color :- Current...
Disclamer: This indicator does not use actual Volume data and doesn't display any Volume data. It creates a pseudo Volume Profile by counting the high-low-2 values of candles and simulates something that is similar to a Volume Profile without using any Volume data.
Creates a pseudo Volume Profile by counting values of candles and sorting them...
This indicator marks what is known as the BB system - Marks on your chart the premarket high and low, current intraday high and low and yesterday's high and low. For the style of the line you can only change the colour, if you make the line a different style it shouldn't show up because if it did it makes the lines ugly.
Pick and select which levels you would...