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Range Sentiment Profile [LuxAlgo]The Range Sentiment Profile indicator is inspired from the volume profile and aims to indicate the degree of bullish/bearish variations within equidistant price areas inside the most recent price range. The most bullish/bearish price areas are highlighted through lines extending over the entire range. 🔶 SETTINGS Length: Most recent bars used for the calculation of the indicator. Rows: Number of price areas the price range is divided into. Use Intrabar: Use intrabar data to compute the range sentiment profile. Timeframe: Intrabar data timeframe. 🔶 USAGE This tool can be used to easily determine if a certain price area contain more significant bullish or bearish price variations. This is done by obtaining an estimate of the accumulation of all the close to open variations occurring within a specific profile area. A blue range background indicates a majority of bullish variations within each area while an orange background indicates a majority of bearish variations within each area. Users can easily identify the areas with the most bullish/bearish price variations by looking at the bullish/bearish maximums. It can be of interest to see where profile bins might have no length, these can indicate price areas with price variations with alternating signs (bullish variations are followed by a bearish sign) and similar body. They can also indicate a majority of either bullish or bearish variations alongside a minority of more significant opposite variations. These areas can also provide support/resistance, as such price entering these areas could reverse. Users can obtain more precise results by allowing the profile to use intrabar data. This will change the calculation of the profile, see the details section for more information. 🔶 DETAILS The Range Sentiment Profile's design is similar to the way a volume profile is constructed. First the maximum/minimum values over the most recent Length bars are obtained, these define the calculation range of the profile. The range is divided into Rows equidistant areas. We then see if price lied within a specific area, if it's the case we accumulate the difference between the closing and opening price for that specific area. Let d = close - open . The length of the bin associated to a specific area is determined as follows: length = Width / 100 * Area / Max Where Area is the accumulated d within the area, and Max the maximum value between the absolute value of each accumulated d of all areas. The percentage visible on each bin is determined as 100 multiplied by the accumulated d within the area divided by the total absolute value of d over the entire range. 🔹 Intrabar Calculation When using intrabar data the range sentiment profile is calculated differently. For a specific area and candle within the interval, the accumulated close to open difference is accumulated only if the intrabar candle of the user selected timeframe lies within the area. This can return more precise results compared to the standard method, at the cost of a higher computation time.
Indicatore Pine Script®
di LuxAlgo
38
Auto Fib ZonesAuto Fib Zones is a extension of the ABC finder script that I released. It uses the pivot point system I developed in the ABC finder to identify major or significant trending moves in the market. It will then draw the fibzones for the trend line. The fib zone will auto update for as long as the trend line continues (size will keep increasing). The zones will continue to extend to the right along with price until it is tested. The start of the green teal zone is the 0.618 and fills to the 0.786 and the Blue zone is the 0.786 and fills to the trend start or 1 value of the fib. You can adjust the Bars Back variable to require more or less candles to create/ validate a new trend. In the screen shot about it is set to 50 bars however I've seen good results on higher timeframes like 4h + with 15 bars as the setting. This is basically ITC's Optimal Trade Entry concept at least that is what the original inspiration for modifying my base script was. As always hope it helps. God bless
Indicatore Pine Script®
di melodicfish
4
Patrick Walker Flat BaseThis pine script is provide recent support and resistance. Script will use ema8, ema21, sma50 and sma200 to generate the support and resistance line. Inspired from Patrick Walker style of trading. This is my personal logic i build studying the charts. There is 3 types of resistance generated by this script. 1) top resistance 1 when ema8 > ema21 and low > ema8 and gap between ema21 and sma50 is less than 10% and in last 3 days previous 4th days highs is not crossed by close. 2) top resistance 2 when close/open below ema21 and ema8 > ema21 and high >= ema8 and ema21 > sma50 and gap between ema21 and sma50 is less than 10% 3) bottom resistance when ema8 < ema21 and close/open cross above ema8 but high < ema21
Indicatore Pine Script®
di jadeja_rajdeep
5
ThiccZonesThis indicator is a formula that includes 4 different zones which are different sizes based on the ticker you decide to use. It was optimized for SPY and other market ETFs but works well for all stocks on the market. The formula puts a zone at the previous day's high and low, and the previous 5 day's high and low. These zones are meant to be used as support and resistance and can even overlap, creating a 'master zone'. This is different than other zone indicators because the formula for these zones is something I created myself and have been unable to find on here. I have had the most success using a 1-15 minute chart and using my zones for reversal areas. I often look for other indications of reversal as well that line up with the area of the zones. It can also be used on the break and retest of these zones. I have found that when a stock breaks one of these zones it will often retest and continue that trend.
Indicatore Pine Script®
di ThiccTeddy
11
ICT NWOG/NDOG & EHPDA [LuxAlgo]This indicator displays New Week/Day Opening Gaps alongside Event Horizon PD Arrays which were conceptualized by a trader, ICT. 🔶 SETTINGS Show: Determines if new week opening gaps (NWOG) or new day opening gaps (NDOG) are shown. Amount: Controls the amount of most recent NWOGs/NDOGs to display on the chart. Show EHPDA: Displays Event Horizons PD arrays. 🔶 USAGE New Week/Day Opening Gaps are generally used as potential support or resistance areas. Trader ICT describes that under consolidating market conditions, price tends to revert towards the opening gap area. This is consistent with other analysis suggesting that price has a tendency to come back toward gaps, ultimately looking to fill them. ICT also introduces a novel concept, the "Event Horizon PD Array" (EHPDA) which are intermediary levels constructed from the average between the neighboring NWOGs or NDOGs. EHPDA's are described by ICT as levels that "will not allow price to escape to the NWOG that will create a surge towards the NWOG it got too "close" to but has not yet reached."
Indicatore Pine Script®
di LuxAlgo
33
Swing BoxesHey, folks! Sorry for not posting anything for such a long time. Don't have enough ideas and resources to get inspiration, so trying to brainstorm good stuff in my free time from university studies. But despite my absence more I now have 300+ people subscribed to me! Thanks, guys, for keeping interest for my work, as I still do value each boost on my script, for real :) So here is new script , enjoy! Swing Boxes is pretty simple indicator, which plots signals with "boxes", that help you determine price targets. What is the idea behind? I wanted to make indicator, that could help me make swing trades with nice accuracy (as all we want, lol), and for signal criteria I decided to use highs and lows of the price . Then I started coding some ideas to see which of them could be worthy. And, actually, Swing Boxes appeared to be good. But the thing is, that I didn't intend to build them, they appeared as an anomaly from my code :) I started to explore this anomaly (it looked super cool, but was repainting hard) to fix it and I succeeded, now Swng Boxes don't repaint. The main idea is that when price goes above it's highest value of p-bars back or below it's lowest value p-bars back, then there is a some god probability, that price will continue to follow current direction. And the things about Swing Boxes is that when there is a good trend movement, the boxes become super small to track price movement and when price breaks out in the counter-trend direction, then you will be able to almost perfectly catch a top or a bottom! But most of the signals won't be so high-quality, so don't think that is this some holy grail to trade swing-trading, because it is not. Signal logic Quick hint: - epsilon(variable e ) = ATR * ATR_Factor . It is used to determine box's sensitivity to price changes. If previous close is higher than variable, which contains previous HIGHEST value (variable h in the code), then update the this variable by taking up-to-date highest value and add epsilon( e ) to it; If previous close is lower than variable, which contains previous LOWEST value (variable l in the code), then update the this variable by taking up-to-date lowest value and substract epsilon( e ) from it. Variables decribed above ( h and l ) are box's top and bottom respectively, so if price cross them, it is logical to update it is value. Settings and what is what Swing Box Period - numbers fo bars in the past to find highest and lowest price from. The bigger the input, the bigger the boxes will be; ATR Period; ATR Factor - multiplier for ATR, determines sensitivity for price changes. The bigger this input, the more accurate signals will be, but less the probability that the signal will be on the top or a bottom. Show Boxes? - when chosen, plots box's top and bottom. Used to determine price targets. Show Baseline? - when chosen, plot's baseline, which midline between box's top and bottom. How to use? This indicator plots green and red triangles by default. - Green triangle --> Buy ; - Red triangle --> Sell ; As I've said before, many signals from indicator will probably be garbage, so you need to tune settings for youself, so it could satisfy you . You can enable showing boxes to see box's top and bottom. Box's bottom --> your entry, top --> your profit target. If you find a way to sort bad signals, you will be able to trade with super cool RR, because the signal from Swing Boxes appear to be a good one, there is almost 95% probability, that price will not even come close to your stop loss, so you can trade with super small stop-losses! Smaller stop-loss --> smaller risk --> smaller loss --> bigger profit, it is that easy. Also you can enable baseline to use at as your 1st TP, and box's top/bottom as 2nd TP, closing 25% on TP1 and the rest on TP2 (but that is just mine recommendation, you can use different RM (risk-management), if you want). Also you can use baseline as your S/R (Support/Resistance) line, test it out on your charts. And please, hear me out: as all other indicators out here on the TradingView, Swing Boxes ARE NOT meant to be traded in solo! Many bad signal can go in a row, so PLEASE find your way to filter out bad signals with other indicators. You can see here the example of a garabge-class signal in a row, so be don't be deluded! I do hope that somebody will suggest and idea to improve this thing, as I personally don't have enough time to think about it because of my university studies, but I will probably try it make this thing better throughout the time. And that's it for now, folks! If you have any ideas for scripts, strategies or anything else, feel free to DM me or leave a comment, I will check it. Hope you will find this script useful. Take your profits! - Tarasenko Fyodor
Indicatore Pine Script®
di tarasenko_
7
Strongest Supports And ResistancesDraws the best support and resistance lines. How it works: 1) Tries every possible line through lows, highs, opens, closes 2) Finds the total hit counts given the confidence interval as input to the candlesticks 3) Calculates the strength of every line according to hit count, total volumes on hits, and timestamps 4) Eliminates similar lines, confidence interval is set as input 5) Selects the strongest 20(changable as an input) lines and draws them on the graph. Makes your work way easier!!! Feel free to adjust the parameters for your own style! Cheers!!
Indicatore Pine Script®
di mccshuka
2
Volume Based Support & ResistanceThis script uses the Volume of each candle to find support and resistances on the whole visible chart. There is a single easy to use setting that is the Distance between major S/R lines which is 10% for the default and better for Daily timeframe. If you set a lower number, for example 5% then there will be more lines on the chart which is better for lower time frames and higher number like 20% maybe better for weekly timeframes. It is developed based on using for Bitcoin daily timeframe, but it can be used for any symbol on any timeframe with the proper settings. The limitation is the number of visible candles which the data and S/R lines are calculated based on them (if the previous data was within the same price range and if not, there is no issue). Also, this code is a good learning example of using arrays and lines together in the trading view's pine script.
Indicatore Pine Script®
di NoaTrader
4
The Perfect Support & ResistanceSupport & Resistance drawn based on overbought & oversold RSI . where the overbought acts as resistance and oversold acts as support. It has 2 levels (for support and resistance - i call them level_n_high or level_n_low) for each lookback period. it checks the highest pivot and the lowest pivot based on the lookback period then we compare if rsi is higher than the highest pivot or the lowest pivot and we also check if rsi is overbought or oversold and if the statement is true, then we assign the high to the variable level_n_high or level_n_low. n being the number of levels. in total there are 5 levels with both high & low for 5 lookback periods. This is basically how the code works. these levels can be accessed at any timeframe. the defaults are 5m and 30m. RSI settings: (default) ------------------- length - 14 source - close overbought - 70 oversold - 30 lookback settings: (default) --------------------- lookback_0 - 200 lookback_1 - 100 lookback_2 - 50 lookback_3 - 20 lookback_4 - 10 Timeframe Settings: (default) ------------------- htf1 - 5m htf2 - 30m Enjoy!
Indicatore Pine Script®
di Yidu_A_S_O_T_L_J_C
1
Fibonacci Levels Based on Supertrend [By MUQWISHI]A “ Fibonacci Levels Based on Supertrend ” indicator is supertrend indicator planned with Fibonacci retracements levels. Fibonacci retracements provides a sequence of levels starting from 0% to 100% in addition to extension levels. 0% is measured to be the initial Supertrend line, and 100% is the previous Supertrend line where it has been broken by candle. This tool could be valuable in terms of managing trades by setting targets and reducing the risk in the trend direction. █ OVERVIEW █ INDICATOR SETTINGS Please let me know if you have any questions. Thank you.
Indicatore Pine Script®
di MUQWISHI
21
PSAR-Support ResistanceParabolic Support Resistance -PSAR SR is based on the Dynamic Reversal Points of Price. This indicator eliminates the false signals of regular Parabolic SAR (Stop and Reverse). The Price of previous SAR Reversal point is plotted as Support and Resistance. The idea is to trade only after the previous reversal point is crossed and a new candle formation above / below the support resistance lines. Price moves sideways in between the S/R Lines mostly. Buy and Sell Signals are based on normal P-SAR settings however this S/R must be considered. Please be aware that the indicator cannot be used as a stand alone. Please make required confirmations before going into action. Disclaimer: Please use it at your own Risk.
Indicatore Pine Script®
di traderharikrishna
6
Trend crossierHello there! I would like to share my script. This is S/R levels indicator based on custom range for each step used for computing minimum/maximum of the range. For example - we predefined step with 50 candles as one, after we have got the minimum and maximum of it - we come to the next 50 candles and do the same to it. Finaly - we have got 20 lines for 10 steps. After that - we set the ( SMA * mult) to have step between lines and if N of lines in range of step from eachother(if a+step > b and b+step > c ...) we call it a strong level. It is not my idea(but my code), so I do not claim the uniqueness of this idea (the customer asked me to code it, but I also read about this method in open sources before). The second thing - vectors of current trend direction on different timeframes. For this task I took the same ranges, but ema () of each range. After first step it has an array with N values. The next thing it does is take out "chain" one by one on each iteration. How does it do that? We take new AVG with neighbor values. If we have 10 length at start - after iteration it becomes 9. So it repeats computing till length is 2. After we have 2 points left - we can plot the line using indexes. This way we can see the trend direction on different timeframes. Feel free to use, change, put into another scripts. You can even never use it! The right to publish this particular code was issued by the customer. Have fun!
Indicatore Pine Script®
di Arivadis
1
NhaDuHanhFX - Congestion Zone (Complete & Incomplete) When the market is trending, the momentum is strong, the price often moves quickly in one direction. In the higher time frame, we see that the closing price of the candlestick is often far away from the previous candlesticks. When the market is sideways, the momentum is weak, and prices often move slowly around an area. In the higher time frame, we see that the closing price of the candlestick is usually within the range of the previous candlesticks. The Congestion Zone is a price action indicator that marks out such a sideways market area. It has many patterns: Complete and incomplete patterns. - Complete Congestion Zone (Default): It includes at least 3 candlesticks that the next candlestick has a closing price within the previous candlestick range. Then, if a candlestick closes outside the range of the previous candlestick, it is a sign that the market has most likely ended the sideway, moving into a trending state. - Incomplete Congestion Zone (Settings Option): It is more complex Congestion patterns. It also marks out sideways of the market. However, during the congestion formation, the price tried to break out of the zone with a candlestick closing outside the previous candlestick , right after that the price turns back and continues to congest. In addition to using the Congestion Zone to predict if the market is likely to have moved from sideways to trending. The Congestion Zone is also used as a Support & Resistance area. When the price goes away and returns to the Congestion Zone, it will likely reverse. Pay attention to the price area that previously appeared a lot of congestion zone. It is more likely to reverse.
Indicatore Pine Script®
di NhaDuHanhFX
2
Sup/Res Levels [QuantVue]Shows basic pivot point of support and resistance levels. Will show alerts for break of sup. or res. Allows for a volume filter for sup. res. breaks as well. "B" means break of either a Sup. or Res. level with volume greater than the threshold. "Bull/Bear Wick" means bullish/bearish candle on break. Left - number of bars left hand side of the pivot . Right - number of bars right hand side of the pivot . Volume Thres. - the threshold value (%) for the Volume. This indicator is useful to filter our insignificant breaks of sup. or res. Can help trader determine when to sit on their hands, or enter a trade.
Indicatore Pine Script®
di QuantVue
2
Alex trading stragedyOverview This script, named "ALEX TRADING STRATEGY", is a technical trading strategy designed for new investing groups. It uses a combination of various technical indicators to identify potential buying and selling opportunities in the market. The script includes the Relative Strength Index (RSI), Simple Moving Averages (SMA), Exponential Moving Averages (EMA), and Higher High Lower Low (HHLL) strategies to create a complete trading solution. The user can change the position from long to short in the Input Settings. The script uses bar colors to indicate the current trading position. The script also has exit strategies to help manage the open trades. The user can also set the period for the various indicators used in the strategy. The script provides various technical indicators and entry/exit signals to make the trading decision easier for the user. It also includes pivot lines, resistance and support levels to help the user make a more informed decision. This Pine script implements a multi-indicator trading strategy that combines several technical analysis techniques for making trading decisions. The script uses the Relative Strength Index (RSI) to determine overbought and oversold conditions in the market and plots the RSI values on the chart. The RSI values above 70 are considered overbought and plotted as red upward triangles, while the RSI values below 30 are considered oversold and plotted as green downward triangles. The script also calculates Simple Moving Averages (SMAs) with the user-defined period and plots them along with the Exponential Moving Averages (EMAs) of 20, 50, and 100 periods. Based on the crossover of the close price and the moving averages, the script enters long or short trades. The script sets the trade exit conditions as the low or high crossing the lower or upper band, respectively. In addition to the moving average crossover, the script uses the highest high and lowest low over a user-defined period to determine long and short entries. The script plots the long and short conditions on the chart as green upward and red downward triangles, respectively. The script allows the user to switch between long and short trades by changing the input settings. Finally, the script changes the bar colors based on the trade direction, with green bars indicating a long trade, red bars indicating a short trade, and blue bars indicating no trade. Overall, this Pine script provides a comprehensive trading strategy that combines several technical analysis techniques to make informed trading decisions. HOW TO USE Input Settings: In the Input Settings section, you can change the long to short position. You can also change the period value (default is 10) used to calculate the Simple Moving Average (SMA) for the Keltner channel. Indicators: The script uses RSI (Relative Strength Index) with 14 periods as well as multiple EMAs (Exponential Moving Averages) with periods 20, 50, and 100 to help in making trading decisions. Entry Signals: The script uses two main entry signals: (1) Keltner Channel and (2) HHLL (High-Low). When the closing price crosses above the upper band of the Keltner channel, the script generates a long signal, and when the closing price crosses below the lower band of the Keltner channel, the script generates a short signal. The HHLL strategy generates a long signal when the current high crosses above the highest high of the last "nPeriod" bars, and generates a short signal when the current low crosses below the lowest low of the last "nPeriod" bars. Exit Signals: The script uses two exit signals: (1) Stop Loss based on Keltner channel and (2) Profit Target based on Keltner channel. The script exits the long position when the closing price crosses below the lower band of the Keltner channel, and the script exits the short position when the closing price crosses above the upper band of the Keltner channel. To use this script, you will need to have access to a trading platform that supports PineScript, such as TradingView, and attach the script to a chart. The script will then automatically generate entry and exit signals based on the rules described above. It's important to note that this script is just a tool and not a guarantee of profit. As with any trading strategy, it's important to thoroughly test and understand the script before using it for live trading.
Strategia Pine Script®
di Alex_le_Grand
1
Bounce Price Detector ~ By mohx_404꧁༺ 𝓑𝓸𝓾𝓷𝓬𝓮 𝓟𝓻𝓲𝓬𝓮 𝓓𝓮𝓽𝓮𝓬𝓽𝓸𝓻 𝓘𝓷𝓭𝓲𝓬𝓪𝓽𝓸𝓻 ༻꧂ * Hi everybody here's the ★彡 𝓑𝓸𝓾𝓷𝓬𝓮 𝓟𝓻𝓲𝓬𝓮 𝓓𝓮𝓽𝓮𝓬𝓽𝓸𝓻 𝓘𝓷𝓭𝓲𝓬𝓪𝓽𝓸𝓻 彡★ indicator and how to use it : 彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡彡 First : Depending on Pivot (HH,LL), the two possible price Correction appears on chart if the price under the Correction levels it would be a Resistance levels and to entry there candle must close above the levels, you can use Replay Mod to get the previous price Correction levels And Here's Some Example : The price make a new HH,LL and new levels appears on chart but the price didn't confirm a bounce signale and close above the first level So in next candle the price brake the levels and drop down : Then a new HH,LL and new levels appears on chart and the price back to the lower levels as a Resistance Levels but when it's close above the levels and test it again it become a Support levels and price bounce again Here's another example when price go above the levels , test it and bounce again About The levels : depending on Fibonacci golden rate ░▒▓█ 𝐍𝐨𝐭𝐞 : You could change the pivots the value 10 for low time frame and scalping for higher time frame you could increase the pivots value or keep it as you want █▓▒░
Indicatore Pine Script®
di mohx_404
7
Price Barrier I1-PBIdea: This script combines: Parabolic SAR, Stochastic RSI and MA SAR is used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. Combine Stochastic RSI to point out the strength of the SAR signals.(Of course the setting for Stochastic RSI in this script is customized). Then using MA to calculate and plot. The plot line of this script at the center line and draw 2 line with offset to the center line. Concept: (Note that we take the close to get the closing price) -SAR provides series of dots placed either above or below the price bars. A dot below the price is deemed to be a bullish signal. -Stochastic RSI with its crossing of K and D line, last crossing of K and D will be recognized as crossing point. The direction of latest points will be current trend also in some case value above 80 is Over Buy and below 20 is Over Sell. -So how could we present the domain line? (The domain line are two line with background color filled) Using the deviation from the MA as the baseline, we will draw two lines with 2 distinct points, then color them. We will call them price barrier. There are 4 plot MA, 2 for above and 2 for below. -Strength of barrier calculation based on SAR and RSI mentioned above. How it works: 1. The price barrier (domain line) displays above and below bar which could be resistance or support for current bar. - Yellow means the soon/week signal. - Green below bar means the support barrier. - Red above bar mean the resistance barrier. 2. This indicator provides a warning signal when the color of the price barrier changes. - Above barrier's color: +Turn red: "Down Red" +Turn yellow: "Down Yellow" - Below barrier's color: +Turn green: "Up Green" +Turn yellow: "Up Yellow" Suitable time frames: 4h, 1D, 1W * Please note that this logic does not attempt to predict future prices or 100% accurate signal. (INVITE ONLY indicator. Please direct message or visit website if you want to try it out) Hope you guys enjoy! Examples: BTCUSD 4H XAUUSD 1D EURUSD 1D AAPL 1D
Indicatore Pine Script®
di albedor
1
TARVIS Labs - Support & Resistances IndicatorOVERVIEW This indicator helps automatically determine support and resistances on any chart across any time frame. You can therefore use this indicator for different purposes, to determine HTF S/R zones, LTF breakouts by combining various lookback periods. I'll try and provide examples below for both. INPUTS Let's review the inputs to start "lookback ticks" - the number of historical ticks that you want to take into account to figure out supports and resistance levels for that period. For example, do you want to figure out the support and resistances for that past 250 chart ticks, 500, 750 etc. "number of supports & resistances wanted" - This will output more or less resistances based on requested input. The supports and resistances are ordered by strongest to weakest, so 1 is the strongest support/resistance on the chart which is the blue line, 2 is the next strongest, 3 the next, etc. "resistance color" - Simply the color for resistances you want to use on the chart "support color" - Simply the color for supports you want to use on the chart "automatically figure out increment" - if this is set to true the algorithm will automatically try and figure out the price range & price range increment sizes for the lookback period provided to determine zones of supports/resistance. When you can I would suggest putting in the increment yourself. Ill provide an example below as well increment - the size of the support/resistance zones you want to use. Ideally this would be as small as possible to be most helpful. Ex 1. Let's say you want to use this indicator on ETH on the last 750 ticks of data and on that 750 ticks of data the price ranges from $1,200 to $1,400. You can choose to uncheck "automatically figure out increment" and keep increment at 1. It will then figure out the S/R zones based on $1 ticks of data. Ex 2. Let's say you want to use this indicator on BTC 1d chart on the last 750 ticks of data but you dont really want to figure out the price range for the past 750 days of data, well you can just check "automatically figure out increment" and leave the "increment" input as is and it will automatically figure out the increment sizes for you and the S/Rs for that automatically generated range. BEST USING THE INDICATOR When you are trying to figure out supports and resistances I would start with HTF first. You can use the 1d chart for this which typically works well. Each touch point or "level" provided by the blue line is considered a significant support or resistance. If there are many different levels provided by the blue line around a general area that would be considered a zone of support or resistance. The longer the blue line stayed in a historical level the stronger that level of support or resistance is. Using the blue line, you can extend the blue levels using the line tool on TradingView across the entire chart. You should now have your HTF supports and resistances outlined. You can see in the DOGE chart provided, the long standing blue lines of support (which created a zone) were discovered way before it was ever touched by DOGE and was the bottom for DOGE's movement in the bear market. Once you have your HTF supports/resistances outlined you can move to LTF, and you can use the indicator on the 15m chart (where I think it works really well). You can figure out if the chart is breaking out if it clears all LTF resistances, and where it may hit its next major resistance from the outlined HTF resistances you already created. On the flip side, if the price has lost all major supports it may be a good opportunity to short. If the price of the chart has gone way above the blue line on LTF but the blue line hasn't moved up around the current price, theres a good chance the price will come back down as it wasn't a strong enough push. You can use this as a way to wait to enter on moves up. There is a lot of ways to use this indicator, and I implore you to mess around with it to get acclimated to how it functions to serve you in the best way possible. NOTE - this indicator is computationally heavy, therefore if its not loading for you please reduce the number of lookback ticks or consider increasing the increment size in order for it to load.
Indicatore Pine Script®
di arrash0x
Support and Resistancewhat is "Support and Resistance"? it is a support and resistance indicator. what it does? it draw support and resistance zones on the chart. how it does it? It determines the zones where the price leaves with a big candle after going horizontal for a while as support or resistance zones according to the price movement direction. while doing this, it compares the size of the candles and the elapsed time. how to use it? Red zones represent resistance and green zones represent support. You can buy in the support zone or sell in the resistance zone. my advice is to make your own interpretation by taking into account the price movement with different indicators. they are considered useful if there is a closure beyond the zones. otherwise, they continue to be shifted to the right. notice: As new zones are created, old ones may disappear. so it might be wise to draw boxes using drawing tools where the old zones are. Support and resistance are very important concepts for technical analysis. so I am thinking of updating and improving this indicator many times in the long run. but I couldn't wait long to post it. examples:
Indicatore Pine Script®
di faytterro
32
Fixed Fibonacci Support ResistanceI took the formula of the fibonacci from LonesomeTheBlue and made this script. You can take a look at his indicator here: When you first add the indicator on the chart, click on the chart to select the first date and then the second date. It will then calculate the fibonacci support and resistance of the range you choose. You can also choose the date inside the inputs. Be sure the first date is before the second date, otherwise it won't be able to show the fibonacci. If that happen, choose a correct date in the inputs.
Indicatore Pine Script®
di F_rank_01
1
Simple OHLC Custom Range Interactive█ OVERVIEW This indicator show lines of OHLC which can be commonly used as support and resistance zones. OHLC can be shown table with candlestick visual. Color of candlestick depends on direction of bullish / bearish of the chosen candlestick. █ INSPIRATION Inspired by design, code and usage of CAGR . Basic usage of custom range / interactive, pretty much explained here . Credits to TradingView . █ FEATURES Table can positioned by any position and font size can be resized. OHLC can be in full or simple name. Lines can be extend either right, left, both or none. █ HOW TO USE Only 1 point is required. Dont worry about magnet, point will attached depends on High or Low of the candle. █ USAGE / TIPS EXAMPLES (Description explained in each image)
Indicatore Pine Script®
di RozaniGhani-RG
6
TwV Multi-timeframe Dynamic VRVPMulti-timeframe Dynamic Visible Range Volume Profile The volume profile is an indicator that displays trading activity over a specified period and plots a histogram on the chart which reveals dominant and significant price levels based on volume and in essence gives a clear indication of Supply or demand at a certain price rather than volume in a certain period. What makes this VRVP indicator different from other is that it is multi-timeframe and dynamic, meaning that it has the ability to show the POC for a higher timeframe and that it also recalculates the main POC every single time traders adjust the chart. Most VRVP need to be adjusted to a fixed position for the Main POC, I made an improvement by giving the indicator the ability to identify the bars that are being look at in the screen, this really gives traders the possibility and agility to identify potential support and resistance areas without the need to be changing any settings on the indicator. Furthermore, giving the ability to the indicator to be multi-timeframe allows traders not only to work with a point of control in one timeframe, but also have a dashed line plotting the Point of Control of a HIGHER timeframe, which could potentially be a strongest support or resistance. The multi-timeframe point of control is fixed only. This VRVP is completely similar to the official Trading View paid subscription one. Fundamentals Point of Control (POC): The price level for the time period with the highest traded volume. The POC is represented by an amber line within the indicator. Profile High: The highest reached price level during the specified time period Profile Low: The lowest reached price level during the specified time period. Value Area (VA): The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Value Area High (VAH): The highest price level within the value area. Value Area Low (VAL): The lowest price level within the value area. Usage The Resistance and Support levels can be provided by the Volume profile using a reactive method so they constantly change with price action and give a clearer picture to predict future price movements. The Reactive method relies on past price movements at certain price levels and applies a more significant understanding of price reaction at certain meaningful levels Support levels will be areas where price will be supported on the way down. Resistance levels will be areas that resist price on the way up. A basic understanding of this is that Buyers will enter the market at the bottom of a profile and sellers will enter the market at the top of the profile. Configuration By the default the indicator has enabled plotting the charts timeframe Volume Profile. Multi-timeframe option needs to be enabled and desired timeframe chosen from selector menu. Bars back value for fixed calculation of the multi-timeframe point of control. Traders can adjust default settings as follows: Charts timeframe VRVP Main POC color – Yellow Positive Volume – Green Negative Volume – Red VRVP Width – 100 (Refers to the plotting width for better suiting on small screens) Multi timeframe VRVP Enable or disable calculations Bars back - Fixed numbers of bars for calculation (Consider that max bars back limit is 5000, but it considers 5000 bars on the current charts timeframe, therefore traders need to take into consideration converting number of bars in higher timeframe to charts timeframe) e.g. Charts timeframe 15m – MTF desired 1H 1H = 60 min 15m = 15 min – 100 bars back equivalent to (60 min * 100) / 15 = 400 Lower than 5000 then calculations takes place, otherwise calculations will be disabled. Multi-timeframe POC color = Light blue DASHED Timeframe desired – 1H by default Summary box Enable or disable box Box shows information regarding the exact price where Main POC and MTF POC reside Table Size for better fitting on mobile devices able Position for adjusting to each trader’s preference or use in combination with other indicators
Indicatore Pine Script®
di haimico
13