Hello All, This script finds the Cups and you can use it while analysing the symbols. it creates circle and channel for the potential Cups and checks the number of bars included by the channel, if included bars is equal or greater than the value you set then it shows the cup. The Options: "Number for Bars to search" : Maximum length of a Cup "Channel Width...
0.65 -0.666 Fib levels or commonly know as the CC pocket Marks Strong Support/Ressitance, Use with conflunce. Lookback Length is adjustable Let me know any suggestions or ideas which could help improve
This indicator should be used for give ideas. what they can do? draw up and down trend lines draw support and resistance lines to inform about the current price signal for high and low prices how can? By analyzing the prices in the 3 selected periods, 3 highs and 3 lows prices are marked. With the marked points, trend and resistance lines are...
Helo All, I got many requests for a Breakout script and here it's. This script searches the breakouts/breakdowns and draw square if there is one. The options: "Period" is used to find Pivot Points "Max Breakout Length" is the maximum length to search breakouts "Threshold Rate %" is channel width of the breakout area. calculated using highest/lowest of...
Gridimus Maximus draws N grid lines stepping by price or percent in chosen direction from set price, or draws N grid lines stepping by pivots. The queue function method used is adapted from an example provided on the PineCoders website, much gratitude to LucF for this gem! To prevent grid lines out of range from causing chart to rescale right click on chart's...
The SMA 200 is one of the most important and strongest support/resistance lines on any timeframe. This script pulls the SMA 200 line from multiple timeframes so traders can visually see price action bounce between support and resistance . The current timeframes SMA 200 is displayed in white and turns yellow to signify "pressure". Can be used on higher timeframes...
A new indicator for tradingview. Indicator Overview The 2-Year MA Multiplier is intended to be used as a long term investment tool. It highlights periods where buying or selling Bitcoin during those times would have produced outsized returns. To do this, it uses a moving average (MA) line, the 2yr MA, and also a multiplication of that moving average line, 2yr...
The EMA 730 line is a great way to show dynamic support and resistance . Price action travels "through" this line on each timeframe. This script pulls the EMA 730 Line from multiple timeframes so a trader can visually see price action bounce between support and resistance lines. Lower bands (white lines) can be turned off using "tickbox" in settings. EMA length...
EMA Bands for crypto markets shows support and resistance lines. Helps identify bull and bear market trends. SMA200 is white and turns yellow to signal pressure. Can also be useful for identifying Elliot waves and breakouts.
Usually, Moving Averages (Simple & Exponential) consider "close" of each candle to form a line for a particular period. In this indicator, we have considered all the parameters (Open, Close, Low & High) of each candle to form a Band or a wave which act as a zone to provide support & resistance. It works well on all the time frames. It perfectly works on lower time...
Hello everyone, I was having some fun with the new gradient function, arrays and pivots. Decided that i would publish my little playground :) This script basically draws lines or zones for detected pivot high and lows and counts the number of candles those levels have been untested. Tested levels will stop at the candle, which breaks them. How does it work? -...
A simple script that allows you to plot 8 different zones of support and resistance. Enter the high and low of a support/resistance zone, and the script will fill the range for easier viewing. Open source and all settings can be customized.
The Dynamic Support And Resistance Indicator was created by Mike Siroky (Stocks and Commodities pgs 14-18) and this is a handy indicator that will show you useful support and resistance levels no matter how the stock is doing right now. I have color coded the middle line to show buy and sell signals so buy when the line turns green and sell when it turns red. Let...
Projected Support And Resistance is a custom indicator of mine loosely based on the work done by Ketan Asher (Stocks and Commodities Bonus Issue 2021 pgs 12-14) and generally speaking this does a pretty good job of telling you what the future behavior of the stock will be. As the lines widen apart, there will be either upward or downward momentum. Buy when the...
This strategy first calculates areas of support (bases), and then enters trades if that support is broken. The idea is to profit off of retracement. Dollar-cost-averaging safety orders are key here. This strategy takes into account a .1% commission, and tests are done with an initial capital of 100.00 USD. This only goes long. The strategy is highly customizable....
Hello All, For Long time I was planning to make Support/Resistance Channels script, finally I had time and here it is. How this script works? - it finds and keeps Pivot Points - when it found a new Pivot Point it clears older S/R channels then; - for each pivot point it searches all pivot points in its own channel with dynamic width - while creating the...
This script uses the Traditional Pivot Points but includes the price levels and the 50% line between levels. We added the ability to change the line color of the major levels and the minor levels independently, for better clarity. Added alerts - used code from QuantNomad. Pivot Points description from TradingView default indicator: Pivot Point analysis is a...
This indicator helps to identify current support and resistance based on the opening of the Asian, London and New York sessions. Function You can make good trade entries based on these lines. Shows daily and weekly openings of each session It will also help you to look at which session you are currently trading) Purple ----> Asian session Red ---->...