Misc Details : Another Indicator and Totally my own concept... If others have similar study already then Credit to them for coming up with this even before I did but this is just me fiddling with pinescript trying to paint my dream like a great man once said... Background : I am a strong believer of Market being Fractals and what best way to script it than...
Hello Traders, Here is my new year gift for the community, Digergence for Many Indicators v4 . I tried to make it modular and readable as much as I can. Thanks to Pine Team for improving Pine Platform all the time! How it works? - On each candle it checks divergences between current and any of last 16 Pivot Points for the indicators. - it search divergence...
Hello Traders! As most of you know that Moving Averages with the lengths 50, 100, 150 and 200 are very important. We should use these this moving averages to figure out S/R levels, the possible reversals points, trend direction etc. we should check these moving averages on Higher Time Frames as well. for example if you look at the chart with 5mins time frame,...
Dear Traders, This script is a follow-up to my previous Pivot Support and Resistance Finder. After so many positive feedback, for which I thank you all, I started rebuilding it to implement some requested features. The biggest change is that by default, the indicator now shows zones instead of lines. Support Zone: from low to close Resistance Zone: from...
Hi Traders. This is my first attempt of writing an indicator. Let me start by saying I could never have done this without lmatl and WMX_Q_System_Trading who were and are an incredible source of inspiration. This indicator shows horizontal Pivot Support and Resistance . It draws up to 4 horizontal lines extending to the right from and adds labels to High and Low...
Are you all-in using Floor Trader Pivots for your day trading career and want even MORE levels for the most unusual market circumstances? Well, this add-on should cover even the wildest of days. TradingView has a limit of only showing the published indicator in the screen capture, so here is the above BTCUSD Trading Day with my Levels 4-6 add-on included. Send...
Hello Traders This script finds Tops when RSI is in overbought area or Bottoms when RSI is in oversold area and checks the divergence between them. it checks divergence at tops/bottoms after RSI exited from OB/OS areas. You can change overbought / oversold levels. You can limit the time that RSI is in OB/OS area with the option "Max Number of Bars in OB/OS" you...
Hello All, This is Market Profile script. "Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a vertical axis against time on the horizontal,...
Hello All, First all of Thanks to Pine Team for adding Arrays to Pine! In this script I tried to make example for 1. Finding S/R lines using highest/lowest function 2. Using 1D array as 2D (we keep S/R levels and age) 3. "Age" usage for S/R levels, getting older on each candle and changing colors by their age (maximum age is 127 then it disappears) You can use...
Hello Traders! After the addition of "Arrays" to the Pine, I developed new and improved version of Support Resistance - Dynamic script as version 2. In this script Arrays were used. This can be used as Support Resistance tool, also it will be an example for the people who want to learn Array usage in Pine. Many thanks to Pine Team for adding Arrays! The...
Standard Traditional Pivot Points are calculated from the previous day (or another period) close/low/high. But what is the day close for cryptocurrencies trading 24/7 on exchange? Does it make sense to use a specific time price as a close if it continue trading after that? So I decided to solve that issue with Rolling Traditional Pivot Points where I calculate...
A 3-in-1 indicator for displaying Fibonacci retracement and pivot levels over custom periods along with areas of previous major support. Each of the three tools can be toggled on/off. Used properly, these should give you a better idea of where to place orders and take profit. Alerts are built in but had to remain somewhat generic due to data point limitations....
Pivot Reversal Study script, for generating Alerts and visual plotting of Pivot Reversal lines on the charts. Use a Strategy script (like Figs & Dates), for backtesting different settings on various time frames and charts.
Standard Fibonacci Pivot Points are calculated from the previous day (or another period) close/low/high. But what is the day close for cryptocurrencies trading 24/7 on exchange? Does it make sense to use a specific time price as a close if it continue trading after that? So I decided to solve that issue with Rolling Fibonacci Pivot Points where I calculate pivot...
This pivot takes in the previous day's pivots and projects them to today.
How to Use PIVOT Levels for Trading Always remember ->: *Trade with trend* About script: 1. Daily and Weekly close above Pivot Level. -- Sentiment is highly positive. Pivot Level acts as strong support. 2. Daily Close above Pivot and Weekly Close Below Pivot -- Sentiment is positive.Weekly Pivot Level may act as strong resistance. 3. Daily close below...
This is study with alerts for my "Smoothed Pivot Reversal Strategy". Strategy script is open to the public so you can use it freely. When creating alerts - choose "Once Per Bar Close" It's a pro indicator, you can have access to it for a small fee. Link to my PRO indicators you can find in my signature.
Hello Traders, This is Support Resistance script that uses Multi Time Frame. While getting Close/Open/High/Low values of Higher Time Frames the script does NOT use Security function , instead it calculates them. while choosing Higher Time Frame, you can use "Auto" option so it uses predefined Higher Time Frames, or you can choose the Higher Time Frame...