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Sweetspot Gold R4-22 - by JustUncleLThis upgrade I have attempted to improve the Automatic levels calculation and better automatic levels selections. It should now work better with exotic currencies, indices, commodities, and stocks. The indicator plots the so called "round price levels" or "00" levels, which end on 00 and 50: for example, 1.4000, 1.4400, 1.4450. It automatically calculates the levels for based on your charts time frame. Alternatively you can manually select main level size (in pips) and/or the number of sub-levels (0, 1, 2, 3, 9). Generally speaking, the program tries to keep to 3 Digit "00" rounding for currencies and non-stocks, and 2 Digit "00" rounding for Stocks. Use this indicator as a guidance to a better mapping of Support/Resistance levels on the chart. Next time you draw Support/Resistance lines, if they coincide with round price levels, especially "00", you have got a excellent S/R level to work with!
Indicatore Pine Script®
di JustUncleL
16
Scalping PullBack Tool R1 by JustUncleLDescription This study project is a Scalping Pullback trading Tool that incorporates the majority of the indicators needed to analyse and scalp Trends for Pull Backs and reversals on 1min, 5min or 15min charts. The set up utilies Heikin Ashi candle charts. Incorporated within this tool are the following indicators: 1. Major industry (Banks) recognised important EMAs in an EMA Ribbon: Green = EMA89 Blue = EMA200 Black = EMA633 2. The 36EMA (default) High/Low+Close Price Action Channel (PAC). 3. Fractals 4. HH, LH, LL, HL finder to help with drawing Trend lines and mini Trend Lines. 5. Coloured coded Bar high lighting based on the PAC: blue = bar closed above PAC red = bar closed below PAC gray = bar closed inside PAC red line = EMA36 of bar close Setup and hints: Set the chart to Heikin Ashi Candles. Add "Sweetspot Gold10" indicator to the chart as well to help with support and resistance finding and shows where the important "00" and "0" lines are. When price is above the PAC(blue bars) we are only looking to buy as price comes back to the PAC When price is below the PAC(red bars), we are only looking to sell when price comes back to the PAC What we’re looking for when price comes back into the PAC we draw mini Trendlines utilising the Fractals and HH/LL points to guide your TL drawing. Now look for the trend to pull back and break the drawn TL. That's is when we place the scalp trade. So we are looking for continuation signals in terms of a strong, momentum driven pullbacks (normally short term 10-20 pips) of the EMA36. The other EMAs are there to check for other Pullbacks when EMA36 is broken. Other than the SweetSpot Gold10 indicator, you should not need any other indicator to scalp the pullbacks. References: Fractals V8 by RicardoSantos Price Action Trading System v0.3 by JustUncleL SweetSpot Gold10 R1 by JustUncleL www.swing-trade-stocks.com www.forexstrategiesresources.com
Indicatore Pine Script®
di JustUncleL
191
CM_Pivot Points_M-W-D-4H-1H_FilteredFamous Filtered Pivots Indicator -Many TimeFrames Available CM_Pivot Points_M-W-D-4H-1H_Filtered ***Special Thanks to TheLark...AKA...The Coding Genius For Providing His Expertise... ***New Feature - Ability to turn On/Off Pivot Moving Average ***New Feature - Ability to turn On/Off Filtered Pivots (Explained Below) Available Timeframes (Change In Inputs Tab): 1 Hour 4 Hour Daily Weekly Monthly Yearly ***All Features Available in Inputs Tab -Ability to Plot just 1, or all Pivot Timeframes -Defaults to Monthly Pivots -Ability to turn On/Off Pivot Moving Average -Ability to turn On/Off Filtered Pivots -Ability to Plot S3 and R3 on 1 Hour and 4 Hour Pivots ***FILTERED PIVOTS!!! -THIS IS A WAY TO FIND THE HIGHEST PROBABILITY MOVES -IF CURRENT PIVOT IS GREATER THAN PREVIOUS PIVOT (INCLUDING MARKET THRESHOLD CALCULATION) THEN PIVOT, S1, & R2 PLOT -IF CURRENT PIVOT IS LESS THAN PREVIOUS PIVOT (INCLUDING MARKET THRESHOLD CALCULATION) THEN PIVOT, S2, & R1 PLOT -***THIS IS A WAY TO FILTER OUT PIVOTS AND ONLY PLOT THE LEVELS THAT ARE EXPECTED TO BE MAJOR SUPPORT AND RESISTANCE ***VIDEO COMING SOON WHERE i WILL GO OVER IN DETAIL THE THOUGHT PROCESS AND METHODOLOGY
Indicatore Pine Script®
di ChrisMoody
87
CM_OldSchool_Projected_high_LowHeard this story from Larry Williams…the trader who holds the record for winning the U.S. Trading Championship by turning $10K in to 2 Million. A trader named Owen Taylor developed this formula as a Floor Trader before to calculate the Projected High and Low of the next day. The formula worked so well…Owen charged other Traders 1K to get it. I was pretty impressed with the results…so I coded it for the Weekly, Monthly, Quarterly, and Yearly Projected High Low. While Owen considered these levels to be major support and resistance, Larry has developed many strategies based on the Breakout of the Projected High Low. Therefore I coded it so the Levels would plot Yellow, and change to Green if the Projected High was taken out, and Red if the Projected Low was taken out. ***I’ve noticed on many instruments, Stocks, Index’s, Forex etc., depending on the instrument it works great as Support/Resistance or Breakouts. ***On a Daily Chart put the Quarterly and Yearly levels on SPY and EURUSD and go back about 10 years. Levels are pretty accurate.
Indicatore Pine Script®
di ChrisMoody
45
Support and Resistance (High Volume Boxes) [ChartPrime]# 📘 OPERATING MANUAL: Massive Order Spike Detector (v1.0) ## 1. PURPOSE OF THE TOOL The **Massive Order Spike Detector** is a quantitative analysis tool designed to isolate volume anomalies. By utilizing **Standard Deviation (σ)**, it identifies the exact moments when order flow exceeds statistical norms, signaling institutional intervention ("Smart Money"), high-frequency trading (HFT) activity, or market climax events. --- ## 2. TECHNICAL SPECIFICATIONS & INPUTS The indicator calculates the ratio between current volume and its historical volatility to define "extreme" participation. ### **Configuration Settings** * **Volume Spike Multiplier (x σ):** *Default: **4.0*** * *Function:* Sets the sensitivity threshold. A value of 4.0 triggers a signal only if the current volume is 4 times the standard deviation of the lookback period. * **StDev Lookback Length:** *Default: **200*** * *Function:* Defines the sample size (number of bars) used to establish the "baseline" or "normal" volume. --- ## 3. SIGNAL INTERPRETATION PROTOCOL The indicator generates real-time visual signals on the price chart: | Signal | Graphic Icon | Technical Condition | Market Sentiment | | :--- | :--- | :--- | :--- | | **Massive Buy Spike** | 🟢 Lime Triangle (Below) | Vol ≥ 4σ + Close > Open | Extreme buying pressure. Potential accumulation or aggressive breakout. | | **Massive Sell Spike** | 🔴 Red Triangle (Above) | Vol ≥ 4σ + Close < Open | Extreme selling pressure. Potential distribution or panic selling. | --- ## 4. OPERATIONAL PROCEDURES (STRATEGIES) ### **A. Breakout Validation (Trend Following)** * **Context:** Price is testing a key Support/Resistance or a consolidation zone. * **Trigger:** A Spike appears (Lime for Long / Red for Short) as the level is breached. * **Execution:** The signal confirms that institutional volume is backing the move. High probability of trend continuation. ### **B. Exhaustion Climax (Mean Reversion)** * **Context:** Price is in an extended trend (overbought/oversold). * **Trigger:** A Spike appears in the direction of the trend, but the candle features a long wick (rejection) or a small body. * **Execution:** This indicates a "Blow-off Top" or "Selling Climax." Traders should look to take profits or prepare for a reversal once market structure shifts. --- ## 5. ALERT MANAGEMENT To ensure no institutional moves are missed, follow this setup for TradingView notifications: 1. Open the **"Create Alert"** panel in TradingView. 2. Select **"Massive Order Spike Detector"** as the condition. 3. Set frequency to: **"Once Per Bar Close"** (to prevent false triggers during mid-candle volatility). 4. The automated message includes the **Normalized Volume** value to gauge the magnitude of the spike. --- ## 6. RISK WARNINGS & BEST PRACTICES ⚠️ **Macro Events:** During high-impact news (e.g., NFP, CPI), spikes are common but highly volatile. Use wider stop losses or avoid entry during the first 5 minutes. ⚠️ **Low Liquidity Assets:** On "thin" charts, a 4.0 multiplier may trigger too often. Increase the multiplier to **6.0+** for better accuracy. ⚠️ **Confluence:** Never trade a spike in isolation. Always align signals with Price Action (Support/Resistance) or Trend Filters (e.g., 200 EMA).
Indicatore Pine Script®
di CryptoZoso
Support & Resistance Auto-Detector by Rakesh Sharma📊 SUPPORT & RESISTANCE AUTO-DETECTOR Automatically identifies and displays key price levels where traders make decisions. No more manual drawing - let the algorithm do the work! ✨ KEY FEATURES: - Auto-detects Swing High/Low levels with strength rating - Previous Day High/Low (PDH/PDL) - Most important intraday levels - Previous Week High/Low (PWH/PWL) - Strong swing levels - Previous Month High/Low (PMH/PML) - Major turning points - Round Number levels (Psychological barriers) - S/R Zones (Better than exact lines) - Breakout/Breakdown alerts - Live Dashboard with trade bias 🎯 PERFECT FOR: Nifty, Bank Nifty, Stocks, Forex, Crypto - All markets, all timeframes ⚡ SMART FEATURES: - Strength Rating: Very Strong/Strong/Medium/Weak - Distance Calculator: Shows points to next S/R - Trade Bias: "Buy Dips" / "Sell Rallies" / "Breakout" - Break Alerts: Get notified on PDH/PDL breaks - Clean Chart: Shows only most important levels 💡 TRADING EDGE: Trade bounces at support, rejections at resistance, or breakouts through key levels. Combines perfectly with price action and other indicators. Created by: Rakesh Sharma
Indicatore Pine Script®
di rabin97
Support & Resistance with RSI BreakoutsThe script is a TradingView Pine Script (v5) indicator that identifies support and resistance levels using RSI (Relative Strength Index) breakouts. Here’s a breakdown of what it does: Features: RSI Calculation: The script calculates the 14-period RSI (default) using the closing price. The user can modify the RSI period through an input setting. Buy and Sell Signals: A buy signal is triggered when RSI drops below 20 (indicating oversold conditions). A sell signal is triggered when RSI rises above 80 (indicating overbought conditions). Visual Representation: Buy signals are marked with a green upward arrow (↑) below the price bars. Sell signals are marked with a red downward arrow (↓) above the price bars. The arrows help traders easily spot potential trade opportunities. Usage: This script is useful for traders looking to buy at oversold conditions and sell at overbought conditions based on RSI. It works best when combined with other indicators or price action strategies to confirm signals.
Indicatore Pine Script®
di abdullahsmadi551
1
Support/Resistance Custom Moving Average Indicator with MACD, RSI, and Support/Resistance This indicator is designed to help traders make informed trading decisions by integrating several technical indicators, including moving averages, the Relative Strength Index (RSI), and the Moving Average Convergence Divergence (MACD). Key Features: Moving Averages: This indicator uses simple moving averages (SMAs) for several periods (4, 18, 66, 89, 632, 1000, 1500, 2000, and 3000 bars). This helps to identify the overall trend of the price and potential support and resistance levels. The color of each moving average line is dynamically changed based on the closing price's position relative to the average; it turns red if the price is above the average and green if the price is below. Relative Strength Index (RSI): The RSI is calculated for a 14-bar period, which is a measure of overbought or oversold conditions. An RSI value above 70 indicates an overbought condition, while a value below 30 indicates an oversold condition. MACD: The MACD is calculated using a fast length of 12, a slow length of 26, and a signal length of 9. Crossovers between the MACD line and the signal line indicate momentum shifts. A crossover of the MACD line above the signal line suggests a potential buy signal, while a crossover below indicates a potential sell signal. Buy and Sell Signals: Buy Signal: Triggered when the MACD line crosses above the signal line, the RSI is below 30, the MACD is above 0, and there is high volume. Sell Signal: Triggered when the MACD line crosses below the signal line, the RSI is above 70, the MACD is below 0, and there is high volume. Alerts: The indicator includes alerts that are triggered when buy and sell signals occur, helping traders respond quickly to market opportunities. How to Trade Using the Indicator (continued): Trading on Buy Signals: Look for buy signals when the MACD line crosses above the signal line. Ensure that the RSI is below 30, indicating there is a potential for price recovery from an oversold condition. Confirm that the volume is above the average, which indicates strong market participation and adds validity to the trade. Trading on Sell Signals: Search for sell signals when the MACD line crosses below the signal line. Check that the RSI is above 70 to confirm an overbought condition, implying the price may decline. As with buy signals, ensure that volume is high to validate the strength of the sell signal. Risk Management: Use stop-loss orders to protect your capital. Establish an initial loss threshold based on your risk management strategy. Continuously monitor the market and new signals and adjust your approach according to your market analysis. Conclusion: This combined indicator helps traders make informed decisions by relying on a set of technical tools. To achieve the best results, ensure you integrate the analysis from these indicators with your trading strategies and other techniques. Feel free to use this explanation as an introduction or guide to inform traders on how to effectively use the indicator. If you have any more questions or need further details, don't hesitate to ask!
Indicatore Pine Script®
di Buaouf1
Support, Resistance, MA, and ADXSummary This comprehensive script provides traders with a tool that highlights critical levels of support and resistance, detects significant price breakouts with volume confirmation, identifies potential reversals with wick analysis, and plots a moving average that changes color based on trend strength as indicated by the ADX. It is useful for spotting entry and exit points, confirming breakouts, and identifying trend direction and strength.
Indicatore Pine Script®
di gouse313
1
Support/Resistance v2 (ML) KmeanKmean with Standard Deviation Channel 1. Description of Kmean Kmean (or K-means) is a popular clustering algorithm used to divide data into K groups based on their similarity. In the context of financial markets, Kmean can be applied to find the average price values over a specific period, allowing the identification of major trends and levels of support and resistance. 2. Application in Trading In trading, Kmean is used to smooth out the price series and determine long-term trends. This helps traders make more informed decisions by avoiding noise and short-term fluctuations. Kmean can serve as a baseline around which other analytical tools, such as channels and bands, are constructed. 3. Description of Standard Deviation (stdev) Standard deviation (stdev) is a statistical measure that indicates how much the values of data deviate from their mean value. In finance, standard deviation is often used to assess price volatility. A high standard deviation indicates strong price fluctuations, while a low standard deviation indicates stable movements. 4. Combining Kmean and Standard Deviation to Predict Short-Term Price Behavior Combining Kmean and standard deviation creates a powerful tool for analyzing market conditions. Kmean shows the average price trend, while the standard deviation channels demonstrate the boundaries within which the price can fluctuate. This combination helps traders to: Identify support and resistance levels. Predict potential price reversals. Assess risks and set stop-losses and take-profits. Should you have any questions about code, please reach me at Tradingview directly. Hope you find this script helpful!
Indicatore Pine Script®
di Arivadis
ZigZag█ Overview This Pine Script™ library provides a comprehensive implementation of the ZigZag indicator using advanced object-oriented programming techniques. It serves as a developer resource rather than a standalone indicator, enabling Pine Script™ programmers to incorporate sophisticated ZigZag calculations into their own scripts. Pine Script™ libraries contain reusable code that can be imported into indicators, strategies, and other libraries. For more information, consult the Libraries section of the Pine Script™ User Manual. █ About the Original This library is based on TradingView's official ZigZag implementation . The original code provides a solid foundation with user-defined types and methods for calculating ZigZag pivot points. █ What is ZigZag? The ZigZag indicator filters out minor price movements to highlight significant market trends. It works by: 1. Identifying significant pivot points (local highs and lows) 2. Connecting these points with straight lines 3. Ignoring smaller price movements that fall below a specified threshold Traders typically use ZigZag for: - Trend confirmation - Identifying support and resistance levels - Pattern recognition (such as Elliott Waves) - Filtering out market noise The algorithm identifies pivot points by analyzing price action over a specified number of bars, then only changes direction when price movement exceeds a user-defined percentage threshold. █ My Enhancements This modified version extends the original library with several key improvements: 1. Support and Resistance Visualization - Adds horizontal lines at pivot points - Customizable line length (offset from pivot) - Adjustable line width and color - Option to extend lines to the right edge of the chart 2. Support and Resistance Zones - Creates semi-transparent zone areas around pivot points - Customizable width for better visibility of important price levels - Separate colors for support (lows) and resistance (highs) - Visual representation of price areas rather than just single lines 3. Zig Zag Lines - Separate colors for upward and downward ZigZag movements - Visually distinguishes between bullish and bearish price swings - Customizable colors for text - Width customization 4. Enhanced Settings Structure - Added new fields to the Settings type to support the additional features - Extended Pivot type with supportResistance and supportResistanceZone fields - Comprehensive configuration options for visual elements These enhancements make the ZigZag more useful for technical analysis by clearly highlighting support/resistance levels and zones, and providing clearer visual cues about market direction. █ Technical Implementation This library leverages Pine Script™'s user-defined types (UDTs) to create a robust object-oriented architecture: - Settings : Stores configuration parameters for calculation and display - Pivot : Represents pivot points with their visual elements and properties - ZigZag : Manages the overall state and behavior of the indicator The implementation follows best practices from the Pine Script™ User Manual's Style Guide and uses advanced language features like methods and object references. These UDTs represent Pine Script™'s most advanced feature set, enabling sophisticated data structures and improved code organization. For newcomers to Pine Script™, it's recommended to understand the language fundamentals before working with the UDT implementation in this library. █ Usage Example //@version=6 indicator("ZigZag Example", overlay = true, shorttitle = 'ZZA', max_bars_back = 5000, max_lines_count = 500, max_labels_count = 500, max_boxes_count = 500) import andre_007/ZigZag/1 as ZIG var group_1 = "ZigZag Settings" //@variable Draw Zig Zag on the chart. bool showZigZag = input.bool(true, "Show Zig-Zag Lines", group = group_1, tooltip = "If checked, the Zig Zag will be drawn on the chart.", inline = "1") // @variable The deviation percentage from the last local high or low required to form a new Zig Zag point. float deviationInput = input.float(5.0, "Deviation (%)", minval = 0.00001, maxval = 100.0, tooltip = "The minimum percentage deviation from a previous pivot point required to change the Zig Zag's direction.", group = group_1, inline = "2") // @variable The number of bars required for pivot detection. int depthInput = input.int(10, "Depth", minval = 1, tooltip = "The number of bars required for pivot point detection.", group = group_1, inline = "3") // @variable registerPivot (series bool) Optional. If `true`, the function compares a detected pivot // point's coordinates to the latest `Pivot` object's `end` chart point, then // updates the latest `Pivot` instance or adds a new instance to the `ZigZag` // object's `pivots` array. If `false`, it does not modify the `ZigZag` object's // data. The default is `true`. bool allowZigZagOnOneBarInput = input.bool(true, "Allow Zig Zag on One Bar", tooltip = "If checked, the Zig Zag calculation can register a pivot high and pivot low on the same bar.", group = group_1, inline = "allowZigZagOnOneBar") var group_2 = "Display Settings" // @variable The color of the Zig Zag's lines (up). color lineColorUpInput = input.color(color.green, "Line Colors for Up/Down", group = group_2, inline = "4") // @variable The color of the Zig Zag's lines (down). color lineColorDownInput = input.color(color.red, "", group = group_2, inline = "4", tooltip = "The color of the Zig Zag's lines") // @variable The width of the Zig Zag's lines. int lineWidthInput = input.int(1, "Line Width", minval = 1, tooltip = "The width of the Zig Zag's lines.", group = group_2, inline = "w") // @variable If `true`, the Zig Zag will also display a line connecting the last known pivot to the current `close`. bool extendInput = input.bool(true, "Extend to Last Bar", tooltip = "If checked, the last pivot will be connected to the current close.", group = group_1, inline = "5") // @variable If `true`, the pivot labels will display their price values. bool showPriceInput = input.bool(true, "Display Reversal Price", tooltip = "If checked, the pivot labels will display their price values.", group = group_2, inline = "6") // @variable If `true`, each pivot label will display the volume accumulated since the previous pivot. bool showVolInput = input.bool(true, "Display Cumulative Volume", tooltip = "If checked, the pivot labels will display the volume accumulated since the previous pivot.", group = group_2, inline = "7") // @variable If `true`, each pivot label will display the change in price from the previous pivot. bool showChgInput = input.bool(true, "Display Reversal Price Change", tooltip = "If checked, the pivot labels will display the change in price from the previous pivot.", group = group_2, inline = "8") // @variable Controls whether the labels show price changes as raw values or percentages when `showChgInput` is `true`. string priceDiffInput = input.string("Absolute", "", options = , tooltip = "Controls whether the labels show price changes as raw values or percentages when 'Display Reversal Price Change' is checked.", group = group_2, inline = "8") // @variable If `true`, the Zig Zag will display support and resistance lines. bool showSupportResistanceInput = input.bool(true, "Show Support/Resistance Lines", tooltip = "If checked, the Zig Zag will display support and resistance lines.", group = group_2, inline = "9") // @variable The number of bars to extend the support and resistance lines from the last pivot point. int supportResistanceOffsetInput = input.int(50, "Support/Resistance Offset", minval = 0, tooltip = "The number of bars to extend the support and resistance lines from the last pivot point.", group = group_2, inline = "10") // @variable The width of the support and resistance lines. int supportResistanceWidthInput = input.int(1, "Support/Resistance Width", minval = 1, tooltip = "The width of the support and resistance lines.", group = group_2, inline = "11") // @variable The color of the support lines. color supportColorInput = input.color(color.red, "Support/Resistance Color", group = group_2, inline = "12") // @variable The color of the resistance lines. color resistanceColorInput = input.color(color.green, "", group = group_2, inline = "12", tooltip = "The color of the support/resistance lines.") // @variable If `true`, the support and resistance lines will be drawn as zones. bool showSupportResistanceZoneInput = input.bool(true, "Show Support/Resistance Zones", tooltip = "If checked, the support and resistance lines will be drawn as zones.", group = group_2, inline = "12-1") // @variable The color of the support zones. color supportZoneColorInput = input.color(color.new(color.red, 70), "Support Zone Color", group = group_2, inline = "12-2") // @variable The color of the resistance zones. color resistanceZoneColorInput = input.color(color.new(color.green, 70), "", group = group_2, inline = "12-2", tooltip = "The color of the support/resistance zones.") // @variable The width of the support and resistance zones. int supportResistanceZoneWidthInput = input.int(10, "Support/Resistance Zone Width", minval = 1, tooltip = "The width of the support and resistance zones.", group = group_2, inline = "12-3") // @variable If `true`, the support and resistance lines will extend to the right of the chart. bool supportResistanceExtendInput = input.bool(false, "Extend to Right", tooltip = "If checked, the lines will extend to the right of the chart.", group = group_2, inline = "13") // @variable References a `Settings` instance that defines the `ZigZag` object's calculation and display properties. var ZIG.Settings settings = ZIG.Settings.new( devThreshold = deviationInput, depth = depthInput, lineColorUp = lineColorUpInput, lineColorDown = lineColorDownInput, textUpColor = lineColorUpInput, textDownColor = lineColorDownInput, lineWidth = lineWidthInput, extendLast = extendInput, displayReversalPrice = showPriceInput, displayCumulativeVolume = showVolInput, displayReversalPriceChange = showChgInput, differencePriceMode = priceDiffInput, draw = showZigZag, allowZigZagOnOneBar = allowZigZagOnOneBarInput, drawSupportResistance = showSupportResistanceInput, supportResistanceOffset = supportResistanceOffsetInput, supportResistanceWidth = supportResistanceWidthInput, supportColor = supportColorInput, resistanceColor = resistanceColorInput, supportResistanceExtend = supportResistanceExtendInput, supportResistanceZoneWidth = supportResistanceZoneWidthInput, drawSupportResistanceZone = showSupportResistanceZoneInput, supportZoneColor = supportZoneColorInput, resistanceZoneColor = resistanceZoneColorInput ) // @variable References a `ZigZag` object created using the `settings`. var ZIG.ZigZag zigZag = ZIG.newInstance(settings) // Update the `zigZag` on every bar. zigZag.update() //#endregion The example code demonstrates how to create a ZigZag indicator with customizable settings. It: 1. Creates a Settings object with user-defined parameters 2. Instantiates a ZigZag object using these settings 3. Updates the ZigZag on each bar to detect new pivot points 4. Automatically draws lines and labels when pivots are detected This approach provides maximum flexibility while maintaining readability and ease of use.
Libreria Pine Script®
di andre_007
12