Hello Friends,, This is pivot points high low with pivot trend to define the trend direction. Pivot trend is the pivot points average. Options: - Pivot Point Period - Show/hide Pivot Points Labels - Show/hide Bull/Bear Labels ( depends on pivot trend) - Show/hide Pivot Center Line (Bull>Center, Bear<Center) - Show/hide Support/Resistance Level...
A Linear Regression Channel gives more objective potential buy and sell signals based on price volatility. It consists of three parts: Linear Regression Line: A Linear Regression Line is a straight line that best fits the prices between a starting price point and an ending price point. A "best fit" means that a line is constructed where there is the least...
Opening Levels is an indicator to draw lines on the opening prices of the current day, week, and month. Inputs: 1. Line Width :- Opening Levels Line width, from 1 to 10 2. Right Offset :- Right offset from current bar, from 0 to 50 3. Line Style :- Select line styles from 4. Show Label :- Show or hide price labels 5. Day Level Color :- Current...
Hello guys, I would like to introduce you volatility support and resistance horizontals. It draws line horizontal on high and low vhighly volatile candles. You can select lines on this timeframe and/or another one. It's done in the same spirit like my other indicators for horizontals The colors are dynamic depending whether price is below or above the...
Support and resistance indicator for any asset and any time frame that makes it simple to visualize S/R flips as well as bullish and bearish bounces and rejections off these levels. Simple to use, just add to your chart and choose how often you want the levels to update based on the Size setting. Lower numbers will update more quickly and show more recent...
Hi Here is the 2ed edition of the AMA indicator. what you would know to know? AMA indicator based on support and resistance in a different way. Basically, you have the X line (black color) and when you see candles is over it, then you can go long, and when it's below it you may go short or just close your deal and wait for a better chance to re-enter...
Based on resistance/support and bollinger band fluctuations this indicator also has filter with x bars after RSI overbought/oversell zones from settings. Indicator has alerts for LONG(BUY)/SHORT(SELL) signals with green/red squares/triangles. You can setup alerts to use different types of entries. There are two types of entries and signals: early (usually before...
This is a very powerful indicator and I'm really happy to show you how it works. It shows Higher Highs(HH),Higher Lows(HL),Lower Highs(LH),and Lower Lows (LL), the supports and the resistance. Lets start with the HH, HL, LH and LL. This points helps a lot who can not identify them yet. They help to identify up trends having HH and HL in sequence, and when the...
Before anything, take notes of the script limitations : 1) The script has the setting : "Max_bars_back" set to 390. This is required to use dynamic length and an "internal clock" *390 is the normal number of bars in a typical stock trading day. 2) The script requires volume data to work correctly * I use a way to represent volatility that requires ( volume +...
Before anything, take notes of the script limitations : 1) The script has the setting : "Max_bars_back" set to 390. This is required to use dynamic length and an "internal clock" *390 is the normal number of bars in a typical stock trading day. 2) The script requires volume data to work correctly * I use a way to represent volatility that requires ( volume +...
This indicator can give you idea about where is the potential supply and demand zone exist. This can be used to find the daily, weekly and monthly supply and demand zone. Contact me for more information.
A new way of drawing multi timeframe support and resistance ! This tool doesn't get the last high and lows, otherwise it tries to detect highly liquid levels with pending orders . Share your opinion and result. Enjoy!
I merged some of my previous written indicators, because a combination of multi-timeframe Bollinger Bands, RE RSI and Resistance/Support levels could help a lot. Don't forget to add my other useful indicator (Classical SnR) to the chart to maximize your profit!
If you search the internet, you won't find much about these types of resistance and support levels. Hidden levels are SnR levels calculated based on some psychological patterns and sometimes it's unbelievable that the chart responds to these levels. So use the indicator and check the idea.
This indicator shows classical resistance and support levels which retraced the chart lately. Notice that the condensed lines laying close together are showing an area of support and/or resistance. But after all, it was a tedious work creating this indicator because like I've already said, pine script is a very odd and weak language which does not have many...
The Black Hawk Trend indicator uses data from sources (such as EMAs, RSI, Stochs) to derive a trend direction. This indicator contains a pivot line that turns green when there is a buy position (lower bar) and it turns red when there is an active sell position (upper bar). When there is a buy/sell signal, this does not mean buy immediately at this point, but...
Support and Resistance prices are the previous points of highs and lows in the price. The market tends to stick around in price regions and directional trends. Using these price points one can wait and take the following decisions: - when the price reaches the support point, they can take a long position if they observe the price staying in the price range and...
This indicator marks the resistances and supports of the post, pre and market sessions of the previous day projecting up to the market of the day, also it marks the hours of these three markets allowing to identify the beginning and end of the sessions in London, Hong Kong, and America.