Support and Resistance Multiperiod (Zig Zag Based) What is the indicator? • The indicator is a multi period (up to 5 lengths) Support and Resistance indicator calculated based on Zig Zag. Who can use? Scalpers to Long term investors What timeframe to use? • Any timeframe What are the lines? • Green lines are Support levels. • Orange lines are...
This script plots the Motion Line, a concept explained in Glenn Neely's River Trading Technology, on the go. Due to the limitations on Pine Script at the time of writing this script, plotting Motion Line on Violent Outside-bars does not follow the main procedure... For example on this occasion, the snapshot below displays how exactly the Motion Line should be...
This is a simple FIB extension tool that pulls from the start of a wave to the end of the wave. It extends FIB levels beyond the first wave making the assumption that the first wave was between 0.0 and .236 FIB levels. This often works as support and resistance in a multi-wave move. I see the price get to .65 or .786 often after clearing the initial .236 level....
Volume Profile (also known as Price by Volume ) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels. Specified time period with Pivots Anchored Volume Profile is...
>> How to use this indicator : 1. Set your teadingview theme to dark theme. 2. My indicator is valid for forex, stock and but more valid for crypto. 3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h for Intraday - Timeframe 4h, 1D and 1W for...
Hi All, This is a Dual/Multi TF CCI script to be used for Intraday as well as positional system. Intraday: Chart TF : 5 mins Underlying Trend CCI : CCI 34 of 30 mins TF Immediate Trend CCI : CCI 34 of 5 mins TF Execution CCI : CCI 8 of 5 mins TF The CCIs are used for entry, exit during momentum breakouts or pullbacks. General Long Setup: Buy at CCI-8 5m below...
This indicator, based on the ATR, allows you to identify the potential reversal on price and helps you identify the Support and Resistance. When the price moves far away from the multiple moving average, the background color changes : - Red for Short potential entry - Green for Long potential entry There are 2 ways to use this script : - Conservative : Use it...
This is not a real indicator, but is what ICT use as indicator for trading futures indexes. it can only display SP500, Dow Jon Industrial Average and Nasdaq, if someone want other market can copy the code and change some parameters (is more easy than it can appear) A good idea is using this other market on backtest to confirm the divergence idea of Linda Raske,...
This indicator shows the Stochastic RSI (SSRI) for overbought when the Donchian Channel (DC) is in the upper zone (between basis and upper), and SSRI for oversold when the DC is in the lower zone. The DC upper and lower have a percentage of the ATR added I call this DC-ATR. There can be numerous ways to form a strategy based on this. For a bull trend, an ABCD...
As a longtime fan of ADX, looking at Vortex Indicator I often wondered, where is the third line. I have rarely seen that anybody is calculating it. So, here it is: Average Vortex Index - an ADX calculated from Vortex Indicator. I interpret it similarly to the ADX indicator: higher values show stronger trend. If you discover other interpretation or have...
This is a simple wrapper script to generate 40 different series of information along an increasing candle length. It plots the last data point, and repaints on each new candle, allowing one to see variations within series' values as the timeframe increases. This POV is looking not across a depth of field, but the wave as if it were moving towards you. The goal...
A complimentary indicator to my Adaptive MA constructor. It calculates the difference between the two MA lines (inspired by the Moving Average Difference (MAD) indicator by John F. Ehlers). You can then further smooth the resulting curve. The parameters and options are explained here: The difference is normalized by dividing the difference by twice its Root mean...
Adaptive Oscillators use the same principle as Adaptive Moving Averages. This is an experiment to separate length generation from oscillators, offering multiple alternatives to be combined. Some of the combinations are widely known, some are not. Note that all Oscillators here are normalized to -1..1 range. This indicator is based on my previously published public...
Adaptive Moving Averages are nothing new, however most of them use EMA as their MA of choice once the preferred smoothing length is determined. I have decided to make an experiment and separate length generation from smoothing, offering multiple alternatives to be combined. Some of the combinations are widely known, some are not. This indicator is based on my...
It gives very accurate buy and sell signal. These signals are mainly based on RSI. RSI > 50 indicator - Good Buy. RSI < 30 indicator - Strong Sell
This indicator is taken from the calculations made by Lev Umanov. It predicts the peaks of Bitcoin. The indicator works with most BTCUSD pairings.
A guy who automatically draws a horizon from the top of the zigzag *Gray horizon may be repainted The horizon of the characteristic price in the past reacts well, so it is used for contrarian ジグザクの頂点から、自動で水平線を引く奴です ※灰色の水平線はリペイントする可能性があります 過去の特徴的な価格の水平線はよく反応するので、逆張りするとかが用途です
This indicator aims to indicate the correlation between two assets(Current and Base), it does NOT show entries or help your chart analysis directly. The main features of this Correlation indicator is : Correlation type : Direct Correlation | Inverse Correlation | No Correlation Correlation Percentage : as its name, it calculate the Correlation Percentage...