I have been using a few different spreads to track market sentiment for $BTCUSD over the last 12 months, and has worked out very favourably. Although it's a low sample size, I feel as the market has become more efficient, these signals have become more accurate. Obviously, alpha decay will slowly arb these out but I thought I would share this rough guide. There...
Updated version of the Weekly Pivots Points that include mid pivot lines. Target trading zones for the week are shaded green and red respectively. The mid pivot area is shaded aqua. Use: buy (green) zones are buys, red zones are sells with respective color targets.
Break The idea of this indicator is to show the price trend, the pivot-based control points and possible Long and short trades. The pivot points create levels of support and resistance, if the price breaks the resistance means that the price is bullish, if the price breaks the supports means that the price is bearish. It shows the highs and lows based on pivot...
Adapted from Pinescript Manual's "Pivot Points Standard". Added extra levels and midlines as well as user inputs for color and a "show labels" on/off switch. So this will show the Pivot level, the resulting levels R1,R2,R3,S1,S2,S3 and the midpoint lines between these. User can choose the Higher timeframe period from which to calculate these pivot levels, as per...
MTPSR provides 6 boards to watch pivots, supports, and resistances in cross timeframes. By default, timeframes are 15m, 30m, 1hr, 2hr, 4hr, and 1D with the current ticker, but they are changeable on indicator setting. The Pivot, Support, and Resistances have 2 algorithms; Fibonacci or Classic. Default is Classic, but you can change on indicator setting. MTPSR...
Pivot points script with alerts What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point...
Add alerts to renko charts to be notified when: new brick brick up brick down direction change direction change up direction change down Also shows pivots based on brick reversals. Alerts also available for: pivot breakout pivot high breakout pivot low breakout You can hide the plots for pivot high/low and breakouts in the style tab...
The Central Pivot Range (CPR) is one of the most versatile price-based indicators available to traders. ... At any given time, the range can be support or resistance, it can forecast trending or sideways price behavior, dictate the day's direction, or serve as an integral part of a trend. Keep in mind that depending on the market’s behavior, the formula for TC...
Purpose: Fibonacci Pivot levels + Gann levels calculation and display on Chart automatically. Mainly expected to use these for intraday trading on NIFTY and BankNifty Display R1/R2/R3 - Pivot - S1/S2/S3 levels Also display GANN Levels of 720- / 540- / 360- / 270-/ 180- / 90- / 45- 45+ / 90+ / 180+ / 270+ / 360+ /540+ /720 + Same pivot levels are useful...
only for those who need CPR . You can see heavy movement on narrow CPR day and range bound on wide CPR day. Works only on 5 min
Who wouldn't like to be able to tell when the market actually reverses instead of just faking it? Every trader who has tried pivothigh/pivotlow functions for that, surely bumped into so many meaningless reversal signals, that probably got discouraged with this concept entirely. Yet, pivot points are very important. Only they need to be confirmed at least a little...
This indicator shows fractals in different timeframes. With the possibility of coloring the bars with any combination of current, daily, weekly and monthly timeframes. The return points are calculated as follows: high > last 3 highs and close above highest low low < last 3 lows and closes below lowest high The direction of higher timeframes fractals tend to be...
unRekt Nexus HTF is a CPR 'Central Pivot Range' that uses the higher timeframes 3 Month, 6 Month and Yearly. Each TF can be turned on or off and the lookback periods can be selected to current or multiple periods.
unRekt Nexus LTF is a CPR 'Central Pivot Range' that uses the lower timeframes Daily, Weekly and Monthly. Each TF can be turned on or off and the lookback can be selected to current or multiple periods.
Hello traders, This script is an adaption of an FXCM indicator called Pivots Cloud Takes in input two timeframes, build the pivots based on them and fill the space between those pivots Should be non-repainting Best Dave
This script will work only in 5min. You can use this for intraday..Removed weekly and monthly CPR and high lows which makes you too much complicated and will end up in a confused state.