Those who trade TSLA often have come to know that a $4ish red candle on the 15min chart is normally a sign of a trend reversal to the downside by the market makers. To help identify these with ease this script will label any candles that close red with a $4.00 -> $4.99 price gap.
Hello All, This script creates Zigzag Chart by using Zigzag waves, so it's timeless chart meaning that no time dependency on X-axis. Optionally it can calculate & show Zigzag Supertrend or Simple Moving Average. Also it can change bar colors of the main chart by trend direction of Zigzag Supertrend. As seen below, each zigzag wave is a candle on Zigzag...
This is an OnChart WaveTrend Divergence Indicator with Pivots and Alerts LazyBears WaveTrend Indicator or also known as "Market Cipher" is an Indicator that is based on Moving Averages, therefore its an "lagging indicator". Lagging indicators are best used in combination with leading indicators. In this script the "leading indicator" component are Daily, Weekly...
I am new to both Futures Trading and Pivots. Looking for shorter-term profitable opportunities, I have investigated the use of pivots from a higher timeframe. All the work of this script is performed using two lines. It calculates the pivot from the previous 2-hour bar and draws this pivot line on the 5-minute timeframe. Many many times, the price will reach back...
Just a simple RSI central pivot strategy I made for a friend. Backtested on BYBIT:BTCUSD, 155m. DISCLAIMER : Please do your own research into anything you use before using it to trade.
Indicator plots anticipated support/resistance areas based on prior day price action and includes breakout/breakdown targets. This work is an original interpretation of Camarilla Pivots as well as the techniques taught by Pivot Boss. As with everything context along with price action is crucial when trading potential reversal zones. This indicator is used for...
Software part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector...
This indicator work on pivot point crossover. In this indicator use three pivot point White color line is Pivot point for current bar. Green/Red color line is Pivot point for last bar. Yellow color line is Pivot point for 2nd last bar. For long if last pivot crossover above 2nd last pivot then go long if current pivot crossover below last pivot then exit long...
This is a function that you can use in strategies. Not a strategy in and of itself. Example thumbnail is showing the function applied to a strategy. Oftentimes, I am asked a question regarding how to hold a variable at a specific, constant level over a conditional period of time. This question is always asked in a very long convoluted way like "I want the...
Gann's Square's are some of the best known tools created by Gann. His most well known square was his Square of 9. The reason for this was because of the symmetry 9 had with itself. Gann was able to balance both price and time with this symmetry. - 9 is the last single-digit and largest number - You can add anything to 9 and it will give you a natural number ...
We recommend some preconditions for Intraday Trading Strategy with CPR (Central Pivot Range) Rules For BUY Setup with CPR 1) Today's Pivot Level Should be higher than Previous Day's Pivot Level 2) The previous day's close should be near day's high. Rules For SELL Setup with CPR 1) Today's Pivot Level Should be lower than Previous Day's Pivot Level 2) The...
An Order Block is a special type of pivot point that satisfies the following requirement: A Bull/Bear candle followed by X consecutive candles in the opposite direction. Order Blocks are interesting areas that are frequently revisited and can be treated as Support/Resistance levels. Often, you can see explosive price rejection of these areas via long wicks,...
This indicator is based on the high probability candlestick patterns described in the ’Secrets of a Pivot Boss’ book. The indicator does not suffer from repainting. I have kept this indicator open source, so that you can take this indicator and design a complete trading system around it. Although the patterns have some statistical edge in the markets,...
This is another ZigZag script. But the difference between this and other ZigZag indicators on TV is that here we find highs and lows based on Parabolic SAR. It repaints? YES. On last line of ZigZag you get repainting, because the highs and lows get confirmation only if direction (SAR dots) changes. This shouldn't be used to forecast highs and lows directly...
This script calculate the 90-120-180-240-360 Percent gains based on the previous day close.
Three Week Tight Pattern is a consolidation indicator which give extra buy point on strong fundamental stocks. You can read about it from IBD here: www.investors.com
After finding a huge amount of use from TV user's wugamlo script Order Block Finder (Experimental) , I decided to make some much needed upgrades! Added support for plotting the last X number of Order Blocks and am currently working on a multi-timeframe version. If you'd like to contribute to the MTF analysis portion, that would benefit tons of other scripts and...
Hello traders, let me intoduce you pivot order block boxes. The idea is find the pivot point that within the right side count of candles achieved some percentage change and in that way filter out important pivots. Once the pivot point is found and matches the volatility condition then from the left side of pivot first candle that is up candle for pivot high and...