Introduction This is my newest Support/Resistance indicator based on the idea of my previous script which had been featured in Editors' Picks . Everyone seems to have their own idea of how you should measure support and resistance levels. This code finds the exact highest and lowest price points (Extrema) on the chart and then draws the support and resistance...
This indicator shows market structure. The standard method of using Williams Highs and Lows as pivots, is something of an approximation. What's original here is that we follow rules to confirm Local Highs and Local Lows, and strictly enforce that a Low can only follow a confirmed High and vice-versa. -- Highs and Lows To confirm a candle as a Local High, you need...
Using the Bollinger Band to mark areas of Support and Resistance The scrip finds the highest and lowest levels of the bands to mark up futures areas of interest. If the High/Lows are being broken on the Bollinger band, or if the look back range has expired without finding new levels, the script will stop plotting them until new levels are found I have found...
This indicator helps you to set your stoploss levels by using ATR. Traders often use atr values in order to calculate their stoploss levels. This indicator does the calculation for you and draw two tiny lines without messing up the chart so that you can easily see your stoploss levels and get an idea about the volatility and risk amount as well. One line is below...
A guy who automatically draws a horizon from the top of the zigzag *Gray horizon may be repainted The horizon of the characteristic price in the past reacts well, so it is used for contrarian ジグザクの頂点から、自動で水平線を引く奴です ※灰色の水平線はリペイントする可能性があります 過去の特徴的な価格の水平線はよく反応するので、逆張りするとかが用途です
Volume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels. The histogram is used by traders to predict areas of support and...
This indicator marks the first hour's high and low with a line with the percentage of range height. First hour high and low generally act as heavy support and resistance or say major key areas in daily intraday charts. You can adjust the settings if you want to see previous days' hour range lines or not. This indicator will automatically create hour-range lines...
5year breakeven inflation rate fitted for log BTC chart as Support and Resistance
Japanese below / 日本語説明は下記 This indicator displays previous N days/weeks/months’ highs and lows simultaneously. N is user input and users can separately input different N for highs and lows. For instance, if you would like to show past 20days high and 10days low, you specify 20 for high and 10 for low. Similar to highs and lows of yesterday, last week and...
Lines plotted for the Low and High of the region of price that was Overbought or Oversold (Low of the candle that became overbought and highest high in the Overbought period) (High of the candle that became oversold and highest high in the Oversold period) I like to use the dotted lines as pivot points for the reversal of the trend, and also pay attention to...
This is very simple resistance card that you can make. It is recommended to be used on Daily time frame. How to Use: If you want to find Resistance levels (above current price), Get the pivot Low value and input in indicator settings. As you are using Low select "Low" in indicator settings, this will draw resistance lines. If you want to find Support...
This indicator built for find wave 3 of elliot wave and It also calculate risk reward ratio, minimum target for wave 3 extention and stop loss. ------------ How to use ------------- 1. Add this indicator on your chart. 2. If you asset are follow Condition*, buy label with risk reward ratio, Target price and Stop loss will pop up. *Condition -50%...
Indicator fills background color on the chart for different markets around the world. This can be helpful in some markets to understand after hours and premarket price action. User can study if there is correlation between highs/low in whole session or open/close of different markets. Tokyo, Hong Kong and Shanghai are Asian Markets in Red are combined Bombay,...
█ OVERVIEW Support & Resistance levels are important in trading as we all know. █ WARNING This version is beta, maybe sometimes it will plot wrong levels, but i will try to to eliminate these issues. And please note, that you should find your own ideal settings for every ticker you use. █ FEATURES This is the first script in Pine Community which plots levels...
I've edited the normal Bill Williams Alligator indicator to have a color fill that indicates the trend. There is a percentage range filter which checks if the 2 outer lines are enough far away from eachother to indicate a trend. The indicator also checks if the lines are below or above eachother in the right order as a last check to confirm Trend
Chart map is a indicator that shows best levels of price. on this indicator we divided ATH and ATL of chart to 16/32 levels that each one of them can control price and candles. furthermore you can use weekly or daily map in this indicator.in weekly map we divide High to Low of last week candle to 8 levels that these levels can control candles too. In general,...
Hello friends, The following indicator will create a new form of chart layout in High & Low as candle-like full bars instead of Open and Close. There are no wicks, only full bars highlighting High and Low of the select time frame. Two dots inside a bar will represent Open (Red dot) and Close (Green dot). How can it help you as a trader? High and Low...
Theory of untested previous VWAPs acting in similar way to nPOC, where agreed previous 'value' based on volume acts as a liquidity area to be retested. Indicator shows - User selected VWAP - Untested previous VWAPs. The line will disappear once price crosses it's value - Sweeps of previous VWAPs. Show by both bar colours and plotted arrows under different...