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[PX] M/W/D LevelHey guys, this script shows monthly, weekly and daily OHLC data represented as horizontal level. I tried to make it as user-friendly as possible. Therefore, you can add different colors and styles for each level, as well as turn them on and off. With the "Label Offset" -parameter you are in control where the label text should appear. You can shift it from left to right and vice-versa. To shift it to the left choose a negative value. To shift it to the right use a positive one. This best setting for me personally is the "Candle Selection" -dropdown. This allows you to decide wether you want to show the previous candles OHLC-data or the current live OHLC-data. !!CAUTION!! If you use the "Current Month/Week/Day" -selection be aware that values shown are "live"-data of the current candle. Therefore, values will change the same way your chart keeps changing on live data. The "Previous Month/Week/Day" -selection on the other hand is historical data and therefore only changes once we reached a new month/week/day. If you like my work, consider leaving a like :) Happy trading!
Indicatore Pine Script®
di paaax
17
Auto Fibonacci Retracement Levels A Fibonacci retracement is a popular tool that traders can use to identify support and resistance levels, and place stop-loss orders or target prices. The indicator connects any two points that are relevant, a high and low point. The percentage levels provided are areas where the price could stall or reverse. Levels should not be relied on exclusively. For example, it is dangerous to assume the price will reverse after hitting a specific Fibonacci level. It may, but it also may not. Fibonacci retracement levels are most frequently used to provide potential areas of interest. If a trader wants to buy, they watch for the price to stall at a Fibonacci level and then bounce off that level before buying. The most commonly used ratios include 23.6%, 38.2%, 50%, 61.8% and 78.6%. These represent how much of a prior move the price has corrected or retraced.
Indicatore Pine Script®
di DarkSideTrader
12
Trader Set - Trailing StopThis is the last tool for my methodology. It provides additional levels of support / resistance that you can use for trailing stop. Like every single tool in this toolbox and methodology, the formula being used is unique and totally original and you can't find it any where else. Please don't contact me for getting access to these tools, they are only available for my students. Right now, the English version of the website and learning material is under development and soon, when they are ready I'll post a comment under every single script related to this methodology for those who are interested in participating for the course.
Indicatore Pine Script®
di CAB_Member
7
DepthHouse - Envelope OscillatorDepthHouse Envelope Oscillator is designed to show dynamic support and resistance, along with possible over extension. The indicator has two main functions. The Standard function (top) and the Shifted function (bottom). The Standard Function: The oscillators outermost edges represent dynamic support and resistance. These points can often represent excellent buy and sell opportunities. Especially in a ranging market. Anything below or above these lines often represent a possible breakout or overexertion in either direction. The Shift Function: This works very similar to the standard function, however this actually offsets the calculations x to the right. This can be an excellent tool for breakout traders. In many breakouts, the horizontal lines actually shift from resistance to support, and visa versa depending on trend direction. With this function enabled, the user can designate the position of the horizontal lines, which adjusts the buy sell signals in the middle as well. Signals Beta: Both functions give possible buy and sell signals shown by the circles in the middle. The strength of the signal is shown by the circle size. The larger the circle, the stronger the signal. This feature is in beta testing is not advised to trade off of. How to get: As you can see this is an invite only script. In the coming months this indicator, along with many others will become pay to use only. (website on my profile page) However all my indicators will be FREE until AT LEAST May of 2018 . So please try them out! To take advantage of this FREE trial 1. Subscribe to my YouTube channel. I have many more videos to come! Maybe even leave a comment of what you would like to see next! www.youtube.com 2. Comment on this indicator post! Maybe even give me a follow :D I hope you all enjoy!!
Indicatore Pine Script®
di oh92
45
Critical Support & Resistance Level (supply & demand zone)Support & Resistance Level and Supply & Demand Zone are very common and popular jargon in technical analysis. What is the difference between Support & Resistance Level and Supply & Demand Zone? In my opinion, Support & Resistance Level is the value of price that tested couple times and hard to break. The zone is formed by two adjacent levels where price may oscillate between those two levels. Imagine the levels as horizontal lines, and the zones are areas between two horizontal lines. Why are they important? In a nutshell, they indicate where the price direction may reverse so you can act accordingly. There are a couple methods to draw the Support & Resistance Level and Supply & Demand Zone, In most case, people will use swing high or low, or pivot points as the level. But there are too many of them, and not all pivot points will become Support & Resistance Level. Some of the support or resistance level is hard to break, but after the price break through that level, resistance will become support and vice versa, I define it as Critical Level . If you draw a critical support or resistance level from the current bar and move backward to where it started, you will notice that some levels are formed by the pivot points from hundreds of bars ago. It's impossible to discover the Critical Levels if you don't have enough bars loaded on chart. The purpose of this indicator is to plot critical support and resistance level automatically on chart. It will work on all market, Stock, Forex and Futures. It also works on all timeframes. Inputs: The Strength inputs control the intensity of Support & Resistance Level. The Alert input is the switch of alert function. By enable Enhanced mode, the indicator will be more critical. Check Showline input to plot level lines on chart, otherwise, it will plot zones only.
Indicatore Pine Script®
di Patternsmart
132