™TradeChartist Levels Generator V4"™TradeChartist Levels Generator" is an easy to use script that can be used by traders of all levels from beginners to advanced professionals.
What does the script do?
Plots the support and resistance levels automatically based on user preference of Local levels of Lower or Higher Timeframe from indicator settings.
Plots Fibonacci retracement levels between high and low based on 'Days' or 'Candles' lookback from indicator settings.
The script proves to be very effective when used with another indicator for trend confirmation like the ribbon (not included in this script) shown on chart.
What markets can this script be used on?
Forex
Stocks
Commodities
Cryptocurrencies
and almost any asset on Trading View
What is the difference between "Plot Levels" and "Plot Fibonacci Levels"?
"Plot Levels" plots support and resistance levels automatically without any input from the user other than preferred levels 'plot' from the indicator settings namely
Plot Local Levels for Higher TF - Plots all important Support/Resistance levels for mostly higher time frames (1hr or higher) - Short to Mid term outlook
Plot Local Levels for Lower TF - Plots all important Support/Resistance levels for mostly smaller time frames (can be used for up to 1hr in most cases) -
Recommended for Scalping/Swing Trading mostly dependent on volatility
"Plot Fibonacci Levels" plots all standard Fibonacci retracement levels - 0, 23.6%, 38.2%, 50%, 61.8%, 78.6% and 100% based on
"Days" Lookback - Fibonacci levels between High and Low based on number of days in the past, starting from the current day on any time frame chart
"Candles" Lookback - Fibonacci levels between High and Low based on number of candles in the past, starting from the current candle on any time frame chart
Can the Fibonacci levels be reversed?
Yes. The Fibonacci levels can be reversed by checking the "Reverse" checkbox from the indicator settings. This is very handy if the trend looks like there may be a support or resistance from one of the Fib levels and a possibility of a new high or a new low based on the price action.
What is the need for "Plot 1.272 Fibonacci Level" under "Plot Fibonacci Levels"?
1.272 is an important Fibonacci number as it is the square root of 1.618 and is the near support or resistance after 100% price retracement. Even though it keeps moving on the chart dependent on the new high or new low based on Days/Candles lookback, it serves as a 'nice to have' reference for any trader looking beyond 100% retracement for support/resistance .
Why do the 'local levels' lines' color changes between green and red?
The nearby levels lines change color based on price closing above or below them. This happens to only closest local levels for lower TF near price action and for top/bottom lines of the local levels for higher TF.
The line turns green when it becomes support as price closes above it.
The line turns red when it becomes resistance as price closes below it.
This is a free to use indicator. Give a thumbs up or leave a comment if you like the script.
Линии Фибоначчи
Trend LinesHello Everyone! This is my new trend lines script (after beta version that was published almost one year ago)
The idea is to find Pivot Highs (PH) and Pivot Lows(PL) first.
Then, If current PH is smaller then previous PH (means no new higher high and possible downtrend) then draw trend line using them. and also it checks previous trend line (if exits) and if current angle is smaller then don't extend previous one.
Same idea when using Pivot Lows, If current PL is higher then previous PL (means no new lower low and possible uptrend) then draw trend line using them. and also it checks previous trend line (if exits) and if current angle is smaller then don't extend previous one.
Optionally style of old trend lines drawn as dashed.
Hope you enjoy it!
[fikira] Fibma/Fibema StrategyMy strategy regarding the Fibma/Fibema lines (also see my Fibma/Fibema study)
You can enable/disable each strategy to see what
works best in what timeframe
Thanks!
[fikira] Fibonacci MA / EMA's (Fibma / Fibema)I've made SMA/EMA's NOT based on the principle of the 2(1+1), 3(2+1),
5(3+2), 8(5+3), 13(8+5), 21(13+8), 34(21+13), 55(34+21), ... numbers,
but based on these following Fibonacci numbers:
0,236
0,382
0,500
0,618
0,764
1
Ending up with 2 series of Fibma / Fibema:
"Tiny Fibma / Fibema":
24, 38, 50, 62, 76, 100
"Big Fibma / Fibema":
236, 382, 500, 618, 764, 1000
IMHO it is striking how these lines often act as Resistance/Support,
although (except the 50, 100 & 500) they are not typical MA/EMA's.
They perform very well on every Timeframe as well!
Week:
3 Days:
1 Day:
4h:
1h:
Even on the 15 minutes:
Or 5':
Things to watch for:
Price compared to the Tiny or Big Fibma / Fibema (below or above)
Price compared to important Fibma / Fibema (for example below or
above MA 236, MA 764, MA 1000, ...)
Crossing of Fibma / Fibema 24/76, 236/764 and 38/62, 382/618
(bullish crossover = Lime coloured "cloud", bearish crossunder = Red coloured "cloud"),
...
I've made a change in barcolor if the close crosses the "Big Fibma / Fibema 500"
If price closes above MA/EMA 500, the first bar is yellow coloured,
if price stays above this level, candles are coloured lime/orange (= very bullish)
If price closes under MA/EMA 500, the first bar is purple,
if price stays under this level, candles are standard coloured (= very bearish)
Strategy will follow,
Thanks!
Smart Indicator 21 - Fibonacci LinesA simple Indicator that create Fibonacci Lines as Price.
It's a good way to see next Support and Resistance.
Bitcoin Logarithmic Growth Curves for intraday usersI wish to thank @Quantadelic who created this great indicator and leaving it open for others to improve.
I have made changes to make it user-friendly for the intraday traders.
The changes made have been;
1. Compartmentalized each area of the major Fibonacci level;
2. Added minor Fibonacci levels;
3. Color-coded the support and resistance levels, for better viewing;
4. Zoned each area of the major Fibonacci level; and
5. Created a time-frame display period for quicker loading of the indicator.
I have removed a few things to allow the indicator to run quicker;
1. Future projections; and
2. The major higher levels of the Fibonacci, which may be useful when Bitcoin reaches 100k.
Enjoy
Auto-fibsAutomatically plots Fibonacci Retracement levels.
Uses the all time high (ATH) for a specified number of days back, and the lowest value since the ATH, to plot the levels.
FibLines2This 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)
bg_FibCastVersion 1.0
A simple script to place horizontal lines where fib levels are, over a given period of candles, on a specified or charted time-frame. Includes the option to fib-retrace a "sub-zone" or the space between Fibonacci levels.
In The Depicted Example Above:
- Large white Fibonacci Lines from 377 Daily Candle Range, Gray "Sub-Fib" levels are plotted in "Zone 4" of the 377 1D Fib. Re-trace. (Zone 4 is between the 0.5 and 0.618, Zone 3 is between 0.618 and 0.786, etc.)
- Optional 1.618 Fib Extension is available for the main Fibonacci indicator, but is not shown here (Disabled/Hidden).
- Supports multiple time-frames, which is also depicted above. (377 Daily Candles used on 12-Hour chart.)
Mosasaur Pro BacktesterBacktester indicator for Mosasaur ◬ | Comprehensive & Profitable Trading Setup Builder available for free here.
Scroll all the way down in the setting menu to adjust the backtesting strategy.
Current features:
Find out the backtesting results for your customized strategy.
Set alerts for strong buy, buy, strong sell and sell signals.
Option for waiting fractal candle stick pattern before entering or exiting.
All features and setups used can be found on this tradingview page.
This backtester has settings of:
Setting 1 lets user select the source for putting a buy order.
Setting 2 lets user select the source for putting a sell order.
Setting 3 defines how much percent user wants to risk per trade to buy.
Setting 4 defines maximum possible trades for buying.
Setting 5 lets user only buy with fractal bottom after a buy signal has been found.
Setting 6 lets user only sell with fractal top after a sell signal has been found.
Setting 7 lets user only buy if the pre defined time period has elapsed on the chart.
Setting 8 lets user only sell if the pre defined time period has elapsed on the chart.
Setting 9 lets user only buy with a strong buy signal (orange color).
Setting 10 lets user only sell with a strong sell signal (purple color).
Setting 11 defines the time period to be elapsed to trigger a buy.
Setting 12 defines the time period to be elapsed to trigger a sell.
Upcoming features:
Advanced pre-defined strategies for user to select from. This will also auto adjust the setups and time frames being combined.
Stop Loss and Stop to Trailing options for the strategy.
Stop Loss and Stop to Trailing alerts.
Defining risk/reward ratio before entering the trade.
~Bo
Founder of Megalodon Indicators
Week and DAY High/Low Fibo LineDraw Fibonacci retracements using High/Low of the previous week
Draw Fibonacci retracements using High/Low of the previous day
A Fibonacci value of 0 will hide the line
Ori Auto Fibonacci RetracementDraws last -input- bars fibonacci retracement levels.
Change Styles
Change Colors
Switch Placements
Change Line Width
Reverse Levels
Extend Rigt, Left or Both
Change Fib Levels
Hide info labels
Hiubris AutoFibFeatures
-Automatically drawn Fibonacci Retracement Levels based on the input Lookback Period
-Corresponding labels for each level (Price & Level)
-Fully customizable Levels and Lines through user Inputs
-Alerts based on crosses of any of the levels (Up or Down)
* Option to display a customizable Linear Regression
Gap Automatic Retrocess LevelsThis Script detects Bearish / Bullish GAP at market opening 09:30 am NY and automatically traces backward levels, of which 2 are configurable at your discretion.
Bundle of various indicators, All-in-oneThis scripts compiles many indicators into one. It comes from many sources and i added all sources i used. If i forgot one, don't hesitate to message me.
This is useful if you need to setup your chart layout fast. The menu makes it easy to configure it.
You can configure and display:
- Various types of moving averages: RMA, SMA , EMA , WMA , VWMA , SMMA , HullMA, LSMA , DEMA , TEMA
- Stochastic RSI crosses from multi-timeframes directly on candle's close (1h, 4h, D, W)
- Bollinger bands with primary and secondary deviation
- SAR
- Color background using difference between Stochastic RSI K and D
- Support and resistance
- Open high low close from higher timeframes (D, W, M)
- Auto fibonacci levels (still a work in progress, i will add logarithmic fibonacci levels too later)
- "Alt season" for crypto users: if BTC dominance cross his SMA , display a pictogram on every chart
Stil working on:
- Auto fibonacci levels: i will add logarithmic fibonacci levels
- Stochastic crosses
- Alt season: use others types of moving averages
If you have any suggestions / improvements, feel free to message me or write it in the comments below.
Periodic Auto Fibonacci by Atilla YurtsevenPeriodic Auto Fibonacci indicator automatically draws Fibonacci retracement ratios on the chart for the selected period. For example, if you select the weekly period, indicator will plot past and live retracement ratios on the chart. You can even shift periods. For example, if you shift by 1, last weeks retracement ratios will be plotted for the live session.
You can use this indicator with any supported time frames.
Periodic Auto Fibonacci helps you to identify fibonacci confluences as well.
Important: As current session of the selected period continues, most recent session will be repainted as low and high of the selected period changes. (For the live market)
Disclaimer: This is not financial advice.
Trade safe,
Atilla
RyuFib🔰 Auto Fibonacci Retracement
New look, features, and improvements from the previous auto Fibonacci indicator. Now looks like the Fib Retracement Tool that you can draw and with all of it's settings options. This indicator will automatically draw all the Fibonacci levels onto the chart and update for each timeframe and adjust saving you time. By default the length is long so it will show the major levels, however, can be adjusted to any custom length or shorter length to select various retracements. An improvement to the indicator in the update is that now it will auto update and adjust to fit the history length. The previous custom timeframe option has been removed, since you can select any length for retracement anyways and is not needed. Lines that go further back in history that are not shown in the chart view are not loaded to prevent loading lines not in view, this done by TradingView. So if the length is long the lines do not appear unless you scroll back further in history to the start point in time of the retracement history. To prevent this, by default the lines are extended to the left so you don't have to scroll back for them to show, but you can still turn off the extend if you choose. Another update improvement is that it will now auto detect and adjust the Fibonacci retracement type, i.e, from high to low or low to high with the appropriate levels, with the option to reverse like the tool gives. Now also shows the trend line which shows the points used from the retracement from the high and low, which can also be turned on/off. Additionally, another improvement now the Fibonacci price levels are shown along with the levels.
This indicator shows all of the common default Fibonacci levels as well as my own added fib levels for the default levels, with the default extension levels, and added custom levels. By default there 9 of the common and my added Fibonacci levels displayed, plus the 2 for the high and low, so 11 levels, plus default 3 extension levels and 3 reverse extension levels, and 18 additional custom Fibonacci levels that are hidden and can be turned on and adjusted. So there are 35 total Fibonacci levels with the levels and price labels. All of the Fibonacci levels can be customized and adjusted in the settings with an input and can be turned on/off to be shown or hidden.
You don't need to do anything, simply load the indicator and it will auto adjust the appropriate length if needed, retracement type, and display the Fibonacci levels for each timeframe and update. However, you can still change the custom Fibonacci settings and style settings as you choose.
📌 Note: New update and redesign updated to new version pine script v4. This is published as a new indicator since it is now completely different redesigned with updates and improvements, and since the description was too long to fit in an update. This older Auto Fibonacci indicator is no longer used and updated by this one.
📌The following are the custom settings options of the user interface:
📌 For the plots display options:
Can show/hide all Fibonacci levels with a single master control switch
Can turn on/off the default Fibonacci extension levels
Can turn on/off the default Fibonacci reverse extension levels
Can show/hide all Fibonacci levels labels
Can show/hide all Fibonacci price labels
Can show/hide the Fibonacci trend line
📌 Fibonacci retracement settings:
Can adjust each Fibonacci level custom input
Reverse option to reverse the levels retracement type and levels
Can select the Fibonacci length max bars back, which will also auto adjust if needed if too long
Option to select the candle type for the retracement to use wick or candle close, default uses wick
📌 Fibonacci custom style settings:
The style settings updates for all 35 Fibonacci levels so you don't have to do individually
Can adjust all of the colors to your preference, default red since works for both black/white backgrounds
Adjusting the color will adjust all of the colors for the levels line, levels label, and price label
Can adjust the lines to solid, dashed, or dotted as preferred
Can extend lines to the left, right, or both, or turn off, default extended left
Can change the levels labels to display as levels or percents, i.e, 0.618 or 61.8%
Can adjust the width of the Fibonacci lines
Can adjust the size of the Fibonacci levels and price text labels
Can adjust the offset to shift the levels and price text labels
📌 Example on Bitcoin currently on the 1h showning Fibonacci levels being respected.
📌 Another example with BTC on the 15m showing price ping pong between Fibonacci levels; and with different settings with white color and levels shown as percents option.
📌 Here is Bitcoin again on the 1D timeframe with just default settings. Based on the history the indicator automatically selected the appropriate length and shows the high and low point and drew the levels. We can see the major Fibonacci levels being respected and with the extension levels can see the further future potential resistances.
Swing Trade Pros - Auto Fibonacci IndicatorThe Swing Trade Pros Auto Fibonacci indicator automatically plots a fibonacci retracement based on the swing high and swing low of the weekly price action. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. The indicator accurately predicts the high and low points of the overall trend.
[ALL-IN-ONE] Algorithmic S/R and Pivots and Long Term LevelsHello my trading padawans.
Hope you're all having a blast
Here's the invite-only script of the week. The ALL-IN-ONE saga continues with another script.
This time, I compiled a lot of algorithmic supports and resistances (S/R) - to be used with any indicators out there.
Those S/R are universal and work with all asset classes (FOREX, CRYPTO, INDICES, STOCKS, COMMODITIES, ...)
No one can predicts which S/R will stop a move - generally - the high timeframes S/R + the SMAs with a big input value - work as strong walls often forcing the candles to retrace a bit short-term.
At Today's post (October, 25th 2019 - 12 pm UTC-4), we see how useful they were, to identify how high BTC/USD could go before retracing.
I. 💎 SCRIPTS ACCESS 💎
1.🖐️ Access can only be requested through my website.
2.🖐️ My website URL is in this script signature at the very bottom (you'll have to scroll down a bit and going past the long description) and in my profile status available here : Daveatt
3.🖐️ A tutorial article/video will be provided on those sub mentioned links + Tradingview
4.🖐️ You obviously can contact me directly for more information
II. 🔎 ALL-IN-ONE Supports and Resistances 🔎
You can display the algorithmic S/R, and/or pivots, (not finished yet) and the long terms levels.
For the 3 types of S/R, I pre-selected those that I think are the most relevant and useful for everyone. Please let me know if you'd like me to add/remove some.
All those listed by default are important and provide a MAP for a trader.
They give great take profits zones, levels where it's better to wait for a pullback before entering.
2.1 👁️🗨️ S/R mode 👁️🗨️
Each type of S/R can be displayed or not.
2.2 📱 Mobile optimized display 📱
Preview : imgur.com I posted 2 images there
The script is made using the newest version of Pinescript, and displaying small labels for every support/resistance.
✨ This will come in handy for mobile users - they'll get nice looking labels displayed at the right of their chart.
Each S/R type have its own labels and label position. The script users can activate/deactivate them at will
Let's review quickly each one.
2.3 Algorithmic SMAs
I cherish, love, sometimes despite them, but they're very relevant for all asset classes. The tool displays as many relevant algorithmic and generic SMAs that I could think of.
The indicator lists about 18 different SMAs in multiple timeframes.
2.4 Pivots
7 pivots are displayed (S1/S2/S3/P/R1/R2/R3)
You can choose one of 4 pivot point types:
- Traditional
- Woodie
- Fibonacci
- Camarilla.
The fun doesn't stop here. You can also select a timeframe between Daily/Weekly/Monthly/Yearly for those pivots.
For INDICES, for example, I use a lot the daily Traditional Pivots.
2.5 Long Terms Levels
Display by default the highest/lowest weekly/monthly/quarterly/monthly levels.
The scripts user can chose to select the previous highest/lowest also.
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If you have any doubts or questions, please hit me up directly or ask in the comments section of this script.
I'll never claim I have the best trading methodology or indicators.
You only will judge and I'll appreciate all the questions and feedback you're sending my way.
They helped me a ton for developing indicators based on all the requests I received.
May the force 💪 be with you all 🥳.
Dave
