Candle based indicator that shows swing highs and lows (pivots). It draws an up or down arrow for simple three candle 'single' swings. For stronger five candle 'double' swings, it colours the candle. Good for highlighting stronger reversals. Both of these stylings can be toggled on/off individually. Default colours Swing HIGH on an UP candle: bright...
Its' new version of previously published Kozlod - Pivot Reversal Strategy Alerts Indicator now better correspond to original strategy. However, there can be some differences. Problem is that it's pretty tricky to implement in plain PineScript same "stop" logic used in strategy.entry of the original script
This indicator provides some base code for looping over data to identify swings in price action. Full code commentary can be found on the backtest rookies website. The indicator shall allow users to "analyse" a recent historical candle to detect whether it was a swing point. This will work by inputting a number to select which historical candle you want to...
Hello, beginner in trading here. Use this at your own risk. Commission : 0.05% Time Unit : 5 min Backtest range : 15 days (looking like that is the maximum in 5 min UT) Initial capital : 1000€ How it works : Long entries and exits. That's all, no pyramiding, no shorting. It takes the first buy signal (green triangle) and the first sell signal (yellow...
Using daily pivot, if price is greater or under the four EMAs, and if we have a stoch signal, then we have an entry/exit condition.
Study with alerts for "Pivot Reversal Strategy".
Display Pivots Daily + Weekly + Camarilla
testing in cryptocurrency. send me ideas for scalping strategies please probando en criptomonedas. envienme ideas para estrategias de escalping por favor
This is an experimental study designed to identify potential areas of support and resistance using a hybrid between Camarilla and Fibonacci pivot calculations. The levels are calculated by taking 110% of the previous interval's range multiplied by 8.33%, 16.67%, 25%, 50%, 61.8%, 78.6%, 100%, 127.2%, 141.4%, and 161.8%, then adding them above and below the interval...
This indicator draws Standard Pivot Levels on all products on all timeframes. The P Pivot is included, and it goes as far as R3 and S3, as pivots 4 and 5 are rarely reached in the market. This indicator differs from the "Standard Pivot" published by TradingView as this can be used to set-up an Alert: just add a new alert, pick "crossing" and in value pick "Pivot...
This indicator contains two simple moving averages that is calculated from the pivot point rather than the closing price. This indicator is described in detail in chapter 6 of the book Candlestick and Pivot Point Trading Triggers: Setups for Stock, Forex, and Futures Markets by John L. Person.
Plots the standard deviation resistance/support levels. Input the previous settlement price and the implied volatility. credit to u/UberBotMan and u/Living_Granger for the idea and formulas (preview example is using settlement of 2420 and IV of 11)
Updated from V1. Chart the multi-day Volume Weighted Average Price ( VWAP ). Normally, the VWAP is tracked for the current day, from the first bar of the day (regular or extended session). The VWAP shows the current value of: -> sum(hlc3 * volume , barsForDay) / sum( volume , barsForDay), -> where 'barsForDay' is the total number bars that have elapsed during...
This mixes Heiken-Ashi with regular candles by adding blue candle to regular candles. A blue candle appears anywhere that you are going from red Heiken-Ashi to green Heiken-Ashi. Also, black candles appear anywhere that you are going from green Heiken-Ashi to red Heiken-Ashi.