Hello Traders, I would like to introduce you donchain support&resistance levels. The idea is to look for important levels that are identified by donchain line, where donchain usualy spents a lot of time without any move usualy turns out to be good level for bounces. Also note that when there is a big spread between first line and second line it usually leads to...
Thank you for sparing you time to read my indicator. This indicator has been created as a suite of 3. This was to ensure that those with only the Free Trading View account could benefit (with their restriction to 3 indicators). Please ensure you install each indicator and read each indicator write up to fully understand what has tried to achieved. Chart...
The FATS - Fibonacci Auto Trend Scouter automatically draws active trends from 2 different timeframes along with Fibonacci Support and Resistance levels. It also has a Sights feature for each timeframe which points from it's middle towards the current price. The tool is also highly customizable for you to take this indicator over 9000. If you like the tool and...
Support and Resistance Levels augmanted and reprocessed Description: This is an augmented version of my earlier script that can be found here: This time it features zigzag and channel lines, signal generation and filtering and performance testing. Signal generation and filtering procedures are used only for performance testing, not for the actual labelling....
This script takes a delimited string of level values (up to 12) and plots them on the chart as per parameters. Alerts can be set up for crossing, etc, using the Alerts panel as per usual. Very handy if you have a spreadsheet or list of values to plot. For example, say your spreadsheet has a list of these 12 levels to...
A simple way to identify potential breakouts at the New York market open. This indicator plots the high and low of the New York Pre-Market, providing a great visual of a potential breakout levels.
====== ABOUT THIS INDICATOR - A simple but highly customisable display of previous higher time-frame OHLC values, drawn using line.new and label.new. Nothing fancy but... - Customised resolution input which excludes time frames lower than 1 hour while extending the common higher reference inputs to include: • 6, and 12 Hour • 5...
Simple script to show key levels of current day and previous day. Labels can be turned on and off as needed. Line colors, thickness and style can be changed. Modified the "M/W/D Level" script from paaax. Credit for original code goes to him. Link to script and profile posted in code of this script.
This is a template for daytraders, swing traders, supply and demand traders, and even swing traders. As traders we are always scanning charts for levels and zones. This template makes it easy and convenient to find, change, and chart levels. As a daytrader, I will use this daily. I always have daily and weekly targets in mind. This will ensure I don't lose track...
Plots levels representing the prices that the stock closed above its n-period moving median(default=100). 2 thickest lines represents the two most recent crossover levels. Candles are colored green if the price is currently above its moving median and red if below.
The scripts places horizontal levels on your charts indicating the previous Daily, Weekly or Monthly OHLC values over the current timeframe. Slightly modified version of Nanda86's "Previous OHLC" script. I corrected a couple of bugs and added more control over colors and labels in general. I also removed the hourly OHLCs.
A simple levels indicator for plotting pre-defined price grid. The default setting is as follows: Group 1 shows 1000 Point (100 Pip divisions) Group 2 shows 250 Point (25 Pip divisions) Groups are duplications of each other to allow multiple divisions to be visible at once, e.g. 100 Pip grid and a 25 pip grid with differing visuals as the default...
Initial Commit. 1. Plots Asian Range based on time provided - option to extend line to end of day - option to fill range with background 2. Plots significant highs/low using fractals 3. Plot Daily/Weekly/Monthly OHLC
█ OVERVIEW After some chart measures, I noticed that if we took the difference between fast and slow Moving Average lines and apply the Fibonacci ratios, we get a very reliable support and resistance level for each bar. So, I made this script to help me (and anyone who wants to use it) know where we should close or put stops in our orders. █ HOW TO USE IT:...
Support and Resistance levels based off of Volume based off of multiple timeframes and if you want then you may choose another ticker altogether. When price closes at which ever level, it'll probably go up if support and down if resistance. If it closes below/above each level then continuation is more likely. The colors flip depending on if above or below each...
This algorithm draws supports/resistance levels automatically based on historic candle density at each height. The basic idea is the levels where price is rejected quickly is likely to have fewer candles in the past than the levels above and below. This does not take volume into account. The lookback and number of levels has to be kept low to prevent too many...
Reditum Scan allows you to synchronize the Market Profile Points of Control (POC) in different time intervals to a single graph. Components of Reditum Scan: POC's (30 min, 60 min, 120 min, 240 min, daily) How does it work? The algorithm allows you to identify areas of strong support and resistance, based on where most of the trading activity takes...
This indicator is made to show you some key levels on the chart on the different timeframes. You can hide them or show them in the settings. The levels are the Monthly Weekly and Daily opens, current monthly, weekly and daily high / low, last weeks high / low & last daily high / low as well as Monday high and low. These levels can be used as key pivots or key...