A new way of drawing multi timeframe support and resistance ! This tool doesn't get the last high and lows, otherwise it tries to detect highly liquid levels with pending orders . Share your opinion and result. Enjoy!
Plots Fibonacci Levels Automatically Instruction to add it: 1) Click Below Right button: ADD TO FAVORITE SCRIPTS. 2) On your chart, click Indicators, search for Wusten 3) Once added on left go to settings.... Leave INPUT tab, click STYLE tab. 4) UN-TICK ALL PLOT boxes. 5) Scroll all the way down and at the very bottom left click DEFAULTS, and click...
Auto plot support and resistance with special focus on round numbers This indicator is to be used as part of a system Use the link below to obtain access to this indicator.
This Study Is based on • RSI • Moving Average • Candlestick price action and • Bulls Bears calculation. This Study is Also has alerts inbuilt. Alerts are for: • Buy Active • Buy Profit Achieved • Buy Loss Hit • Sell Active • Sell Profit Achieved ...
The SuperTrail indicator is similar to the very popular and widely used SuperTrend but it has been improved to use a percentage value instead that helps users to determine the natural trading range of a stock over a period of time, and set stop losses (especially trailing stops) accordingly. The best way to use it is to find stocks in a steady trend (upwards if...
it basically plots average of previous day high and low
The indicator plots the golden pocket (Fibonacci retracement 61% to 65%) of recent highs and lows. The golden pocket is calculated from the last high to the last low. The high and low are determined by the number of last bars. The golden pocket is used for trading as support and resistance. The length of the past highs and lows can be determined by yourself. You...
Simple script to plot the Midpoint between the High and Low of day for intraday trading. This is a key level that is respected quite often. Very easy to trade bounces or breakthroughs.
I merged some of my previous written indicators, because a combination of multi-timeframe Bollinger Bands, RE RSI and Resistance/Support levels could help a lot. Don't forget to add my other useful indicator (Classical SnR) to the chart to maximize your profit!
Moving average smoothed with the proposal to point out possible inflection points of trends and to establish good points of supporting moving resistances. Green color indicates an upward trend and the average should work with support, while the red color points to a fall and will work as resistance. blue tint indicates a possible inflection in the trend or...
Ideal moving average to check trend inflection points. Excellent as support points and moving resistance. Long positions with price working above and with green color, as well as short positions with price below and red color. As long as the average is blue, or, alternating between colors, the scenario is one of consolidation.
If you search the internet, you won't find much about these types of resistance and support levels. Hidden levels are SnR levels calculated based on some psychological patterns and sometimes it's unbelievable that the chart responds to these levels. So use the indicator and check the idea.
This indicator shows classical resistance and support levels which retraced the chart lately. Notice that the condensed lines laying close together are showing an area of support and/or resistance. But after all, it was a tedious work creating this indicator because like I've already said, pine script is a very odd and weak language which does not have many...
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...
Hello guys, this scripts prints the high and low as well as the moving average of a user-defined session. How does it work? Basically, as soon as we are in the session range, the indicator will constantly keep track of the high and the low of this range. It also prints the moving average, which can either be a floating or a static line, that represents the...
Basic Pivot points. Script is easy to modify to personal requirements, and explained step-by-step on Kodify.com. Original script credits: Kodify.com (kodify.net)
Support and Resistance lines are generated from recent pivot points and shown only when the price gets close to them.
As you know, Mavilimw indicator is plots smoothed weighted moving average combinations of various Fibonacci numbers and great support and resistance for middle and long term trading and confirmation. When the price breaks the mavilimw indicator up, it works as buy and sell it down. In this indicator, it helps you follow the mavilimw indicator in 40 stocks...