Hello traders, I am here again with a new and improved indicator. This indicator is based on a pivot breakout algorithm which gives buy and sell signals according to the breakout of trendline. This is an advanced version of another script. It also takes price action into consideration along with some basic indicators like MACD and ADX to give good entry signals....
About This Indicator This indicator plots support (pivot low) and resistance (pivot high) using the chart timeframe and second editable timeframe. How it can be useful Having higher timeframe support and resistance plotted on a lower timeframe chart helps keep you grounded in the current range the price is in. This can be useful when wanting to avoid taking...
Liquidity is a vital concept in trading. It gives us an indication of where buy / sell orders are in the market, and the direction price is likely to move once this liquidity has been taken. The purpose of this indicator is to show you when and where there has been a 'raid' or 'sweep' of this liquidity, meaning a reversal might occur. The indicator does this by...
This is a variation of "Round numbers above and below" indicator by BitcoinJesus-Not-Roger-Ver. I've made it two sets of lines and round number range changeable. Defaults at 100 and 500 round numbers.
█ This Indicator is based on Pivot Points. It aggregates closed Pivot Points to determine a " Pivot Average " line. Pivot Points here refer to highs and lows. █ Usages: Pivot Average can be used as resistance or breakout area. It is also very usefull to find battle zones. It can also be used as a trend indicator: when the price is below, trend is down, when price...
HHV and LLV gives good information about the trend. A trend will be visible when its seen with fast and slow line cross UP trend: HHV_fastline = HHV Slowline and LLVfastline crossover LLVSlowline DOWN trend: HHV_fastline crossunder HHV Slowline and LLVfastline !=LLVSlowline Attempted to plot the same with multiple options to choose fastline length,...
Mark Structure is building the market swing structure, minor and sub structure and marks all possible insignificant pivots Building such structure is really complex task to do, that has a lot of obstacles and challenges. I'm doing my best to develop this indicator behaving in absolutely expectable and right way. Fill free to leave any comments or bug reports. it...
This indicator is designed to show key pivot points, also known as levels, which could provide good trade entries. Utilising liquidity concepts, untested pivot levels can be a good place to enter a trade after the pivot is tested, liquidity is taken and the direction reverses. Alternatively, utilising the option of viewing already tested levels, you can easily...
As investors, we often face the dilemma of willing high stock prices when we sell, but not when we buy. There are times when this dilemma causes investors to wait for a dip in prices, thereby potentially missing out on a continual rise. This is how investors get lured away from the markets and become tangled in the slippery slope of market timing, which is not...
Hi, here is a script I wrote based on Pivot points. It detects HH, HL, LL, LH the yellow resistances/supports are from a higher timeframe the fuchsia ones are supports for the current timeframe, it resets when the past Low is too old or it detects a new one the blue ones are resistances for the current timeframe, it resets when the past High is too old or it...
This indicator calculates pivots of 2nd, 3rd and 4th order in the current timeframe. The idea is borrowed from the book "The Art and Science of Technical Trading" by Adam Grimes: "A pivot high is a bar that has a higher high than the bar that came before it and the bar that comes after it" "Second-order pivot highs are first-order pivot highs that are preceded...
Price Pivots for NASDQ 100 Stocks What is this Indicator? • This indicator calculates the price range a Stock can move in a Day. Advantages of this Indicator • This is a Leading indicator, not Dynamic or Repaint. • Helps to identify the tight range of price movement. • Can easily identify the Options strike price. • Develops a discipline in placing...
Average Daily Range (ADR) (Multi Timeframe, Multi Period, Extended Levels) Tips • Narrow Zones are an indication of breakouts. It can be a very tight range as well. • Wider Zones can be Sideways or Volatile. What is this Indicator? • This is Average Daily Range (ADR) Zones or Pivots. • This have Multi Timeframe, Multi Period (Up to 3 Levels) and Extended...
Variety RSI of Adaptive Lookback Averages uses an adaptive lookback algorithm in order to determine dynamic length inputs to get used to smooth the input price source before calculating your choice of 6 different types of RSI. This ALB algorithm counts bars back until X many swing counts are reached. Included: Bar coloring 2 signal variations w/ alerts
Order Blocks based on pivot reversal candle When a pivot High or Pivot Low is found and confirmed, a box will be plotted on the open and close values of that pivot candle You also have the ability to change the amount of candles the box stretches over as well as the colors of the bullish and bearish boxes How To Use:- Pivot points often provide Support and...
This is a standard fibonacci retracement level indicator and free to use for all. I couldn't find any decent retracement levels that works for me (and definitely wasted money on paid script access that didn't work so well for my trading style), so I created this for my own use and now sharing it with the TradingView community. Fibonacci retracement levels help...
█ OVERVIEW - This script draws array-based Pivot Points with the calculated slope on the next connecting point. - The script works left to right, but could be be modified. - Looks best with Label-Style on Diamonds, without Slope Text drawn. █ Thank You! - Many more to come which will utilize these fundamentals! 🅝🅔🅒🅡🅞🅜🅐🅝🅒🅔🅡
This script form a cloud that is made from multiple lines that are each similar to a moving average. However, each line is different to moving averages as it uses an algorithm that is nonlinear, 'overshoot moving averages' better explains how they work. A cloud (visible on the indicator plot) is formed from multiple 'overshoot moving average' lines, each with a...