Breakout above previous pivot points trigger a long. Close below pivot lows trigger the exit. Most effective during trends.
This script plots the previous n day and week highs and lows (previous two days and previous week by default). Here are some additional info about the script behavior: Plots highs and/or lows Plots for days and/or weeks Day highs and lows are shown only on intraday timeframes Week highs and lows are shown only on timeframes < weekly
1. Golden Pivot indicator combines Central Pivot Range and Camarilla Pivots. 2. Pivot calculations are based on Secret of Pivot Boss book by Frank Ochoa. 3. One can also view tomorrow's pivots by today EOD.
For Intraday Breakout Traders CPR-central pivot range ORB-15 min WR- previous week high and low range PR- previous day high and low range Shows daily , weekly , monthly central pivot range.. You can also see previous day CPR and future day CPR.. You can fill the range with your own color.. and also control number of back days range..
This script plots the current daily, weekly and monthly opens (all enabled by default). Here are some additional info about the drawing behavior: Daily open is shown only on intraday timeframes Weekly open is shown only on timeframes < weekly Monthly open is shown only on timeframes < monthly
The strategy calculates highs and lows of the previous week, and uses them as resistance and support lines. If crossing such resistance/support lines, the strategy enters a long or short position, and exists an open position with predefined profit-targets and a stop-loss.
Description: Whale: Whale utilizing discounted prices (increasing on-chain volume & decreasing price) Recovering: Positive momentum in price after potential whale activity Cycle Volume Support: The transaction volume support during a cycle What’s the best time to invest? After institutions make up their mind at low price levels. How’s on-chain volume related...
This script is a new version of "FibLines" which automatically draws Fibonacci Lines on chart. 0% line and 100% line are determined by "Period" and "Delay" parameter. ◆Params - Period: specifies periods to detect the highest (bearish) fractal and the lowest (bullish) fractal. - Delay: specifies the number of new bars you ignore. (👇 old version)
Version 0.1 Using Pivots / Swing Point detection, this script plots the final swing candle's body span from top to bottom with an extended horizontal line, with a mid-channel point at 50% between open and close. Once the trend changes, these zones serve as support and resistance zones, and can help identify breakouts from ranges and probable reversal points...
Similar to But this is meant for ALTs traded on the BTC or ETH pair. USD pairs may work but it may act strange.. use the regular target scripts for those ones. This script will figure out if we're currently in an uptrend or downtrend and will plot price targets automatically. -Blue price lines are likely soft stops (not always). -Green price lines indicates...
Introduction The support and resistance methodology remain the most used one in technical analysis, this is mainly due to its simplicity, and unlike lots of techniques used in technical analysis support and resistances have a certain logic, price can sometimes appear moving into a channel, support and resistances allow the trader to estimate such channel and...
This strategy buys when the Donchian Channel is broken to the upside and uses the lower Donchian Channel line as a trailing stop. You can also choose to use a moving average as a filter to keep you out of trades that are counter trend. You can also configure which dates you want to backtest, so you can see how this behaves over specific time frames and market cycles.
Displays horizontal lines that represent support and resistance levels. You can use it with any symbol and on any timeframe. Parameter 'Time range' means number of candles in consideration. The beginning of the range is marked with a little violet circle. The more 'Sensitivity' is, the more levels are displayed.
The Ace Pro GODSPEED Time Based Support Resistance Calculator has two functions. Please note that this indicator is COMPLETELY CUSTOMIZABLE - TRADERS CAN INPUT THEIR OWN VALUES TO CALCULATE S/R. Function 1: It marks intervals of time on the daily time-frame with vertical lines as specified by the user Function 2: It can mark support and resistances with...
Hello guys, another day, another method for detecting support and resistance level. This time it's all about the VWAP and daily gaps it might produce. How does it work? The indicator detects when a new daily candle begins and the VWAP makes a big move in either direction. Often it produces a gap and this is where the support or resistance level will be...
Blockchain Fundamentals - Golden Ratio Multiplier GRM Intro This strategy was put forth by Phillip Swift (a.k.a PositiveCrypto) as guidelines for bitcoins market cycles. Description The new insight comes when we multiply the 350 day moving average (which we will refer to as the 350DMA) by specific numbers. Those mathematically important numbers are: -The...
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 high. Rules For SELL Setup with CPR 1) Today's Pivot Level Should be lower than Previous Day's Pivot Level 2) The...
LeveLeledc - Exhaustion levels (InSilico) Method for zero confirmation support/resistance level detection using Leledc Exhaustion Bars Study is extension/mod of glaz script ,its implementing simple but unorthodox use-case for "Leledc Exhaustion Bars" More information on core function in source scripts page -> P.s Written...