Swing Breaker Strategy - Support and Resistance Breakouts This strategy has no repainting. Default settings: Swing Barsback: 10 Number of Swings: 3 Stoploss Candles Lookback: 5 Why these default settings? This strategy has been backtested with over 100 trades, and on a larger scale of 1000 trades, it has reported a 1.33 profit factor with a maximum 5%...
The Daily Range Support & Resistance Levels is an advanced analytical tool designed to assess daily price movements and provide potential support and resistance levels. This tool examines the average daily price fluctuations over the past 150 trading days, and creates support and resistance levels based on the opening price. The indicator also considers a...
English: **Description of "Swing Action Price" TradingView Script** "Swing Action Price" is a custom technical indicator designed to identify swing highs and swing lows in a financial market. The script calculates and plots various lines on the chart to visualize these swing points. Swing highs are points where the price has made a local peak, while swing lows...
Spread Indicator: An Overview Driven by the concept of forethought. The indicator predicts the range for the day and divides it into two or three Levels (upper, middle, and lower). These ranges are drawn from possible supply and demand zones as well as potential price consolidation zones which has happend in the rolling number of days in the past. It's true...
BladeSCALPER The sharpest tool to scalp M and W patterns -------------------------------------------------------------------------- ✔️ Get a clear signal of the next probable reversal move ✔️ Get instantly the zone where the price will probably get attracted to ✔️ Adjust TP1/TP2/TP3 accordingly to the PowerZONES ✔️ Check the winning rate of the M & W patterns on...
Dynamic Multi-timeframe Supports and Resistances This indicator is designed to be able to get used in combination with others that can lead to a potential help for trading. The indicator uses colors such us light blue, dark blue, light red and dark red. Light blue and light red to indicate whether we are looking at a support or resistance for the...
The Developing Market Profile Indicator aims to broaden the horizon of Market Profile / TPO research and trading. While standard Market Profiles aim is to show where PRICE is in relation to TIME on a previous session (usually a day). Developing Market Profile will change bar by bar and display PRICE in relation to TIME for a user specified number of past bars. ...
█ Introduction Specifically designed for trading on NYSE, NASDAQ, Dow Jones, and AMEX related instruments like SPY, QQQ, ES, NQ...etc., this innovative tool provides traders with advanced market insights to help them comprehend the market intricacies and make well-informed decisions. Comprising three primary features: Price Order Divergence (POD) Bubbles, Market...
The "Liquidity Peaks" indicator is a tool designed to identify significant supply and demand zones based on volumetric analysis. It analyzes the volume profile within a specified lookback range to pinpoint the most volumetric point and draw corresponding zones on the price chart. The 𝐋𝐢𝐪. 𝐏𝐞𝐚𝐤𝐬 indicator utilizes volume data to identify key supply and demand...
The RSI Chart Levels shows you in a simple way where Support/Resistance might be. You want to make sure all settings are the same in the RSI that you are using with this overlay to be accurate. This is also good at spotting divergence in real-time. If price goes over the Higher High but the RSI hasn't gained a new Higher High it is showing divergence, vice versa...
The "Days Higher Than Current Price" indicator is a color-coded tool that provides insights into the historical price performance of an underlying asset. By analyzing the number of bars prior to the selected day that had higher closing prices, this indicator visually represents the comparative strength or weakness of the current price level. The "Days Higher"...
The Liquidity Sentiment Profile is an advanced charting tool that measures by combining PRICE and VOLUME data over specified anchored periods and highlights within a sequence of profiles the distribution of the liquidity and the market sentiment at specific price levels. The Liquidity Sentiment Profile allows traders to reveal significant price levels,...
🟩 This script is a “do-it-yourself” Grid Bot Simulator, used for visualizing support and resistance levels. Prices are divided into grids, or trade zones, that will trigger signals each time a new zone is entered. During ranging markets, each transaction is followed by a “take profit.” As the market starts to trend, transactions are stacked (compare to DCA ),...
Use this code to stop support and resistance This can be used with the momentum indicators that I have to see if we are likely to breakout or get rejected Indicator Settings: The indicator is titled "Support/Resistance | Breaks & Bounces" and is set to overlay on the price chart. max_lines_count is set to 500, indicating the maximum number of support/resistance...
I've created a user-friendly trading indicator that interprets and visually presents support and resistance levels, transforming raw data into actionable insights. Here's a glimpse of what you might encounter: Today's trigger points (ES) Support: 4264.5,4220.75,4131.5,4164.5,3980.75,4182.5,4174.25,4120,4112.25,4089.25,4085.75 Resistance:...
With this indicator, the VWAP is displayed based on two adjustable sources. Close and Open are recommended by default. The zone between the Open and Close VWAP is carried over to the next day as the zone at the end of the period. The zones can be considered as support and resistance zones. The chart illustrates the idea behind it. In addition, the anchor...
This Indicator Identifies and draws the support and resistance Zones On the Chart 🔶Overview The support and resistance indicator is a technical indicator that will plot the support zone and resistance zone on the candlestick chart. It determines the price touches to find the strong support resistance zones. The support and resistance indicator is the most...
Introducing "Volume Profile Bar-Magnified Order Blocks", an innovative and unique trading indicator designed to provide traders with a comprehensive understanding of market dynamics. This tool takes the concept of identifying order blocks on your chart and elevates it by integrating a detailed volume profile within each order block zone. Unlike standard order...