Support and Resistance Multi Time frameSimple indicator showing the support and resistance on Daily, Weekly and Monthly time frames no matter what time frame you're currently on by highlighting the highest and lowest points on each over the last 34 bars.
Daily support and resistance are coloured green.
support and resistance are coloured yellow.
Monthly support and resistance are coloured red.
For best results check where multiple support and resistance areas line up and combine with another indicator for example oscillators to gauge if the support or resistance will reverse the market.
Support
NSDT Auto Support / Resistance LevelsSimple script that automatically plots support and resistance lines based on the pivot points of the number of candles you choose to look back upon.
All options are editable.
NSDT Daily Gap RangeSimple script that plots the range between the previous day close and the current day open. This makes it easier to reference the gap up or gap down zone throughout the day.
NSDT Scalping ChannelThis script uses the highs and lows of the candles (instead of the close) to make a "channel" to reference while scalping.
Use the green lower line as a guide to go long and the red upper line as a guide to go short. You may use the lines as potential entry points and direction but you may want to consider exiting before the opposite colored line prints, as that may be too late. As always, entries and exits are at the discretion of each trader.
You will need to adjust the "Line Spacing" settings as you change instruments, chart timeframes, and/or volatility increases/decreases.
Auto FibonacciA series of Fibonacci sequences using a variety of triggers to base highs and lows off.
High and low look back length can be altered, fibs and fib extensions can be shown or hidden and the background can be filled or transparent.
Gann Fan AutomaticAutomatic Gann fan indicator. Works on all charts and time frames.
The idea was to create this indicator so as not to rearrange the Gann fan.
It is good to navigate the lines as resistance and support.
The settings consist of two parameters.
1 this is for the calculation from the local high.
2 for the calculation from the local Low.
Donchian Channels with Auto Fibonacci RetracementRichard Donchian created Donchian Channels, which is a type of moving average indicator and a look-alike of other support and resistance trading indicators like Bollinger Bands.
Donchian Channels has a simple plotting of highest high and lowest low of the last “n” periods.
The “n” periods is based on the trader’s choice, who can select the period according to their requirements ranging from a day, hour and minutes etc.
Traders use Donchian Channels to understand the support and resistance levels.
Donchian Channels is a popular indicator for determining volatility in market prices.
The channels are wider when there are heavy price fluctuations and narrow when prices are relatively flat.
Generally, investors use 20-periods with the Donchian Channels as the default trading setting, but this value can be tweaked based on your trading style.
Donchian channels are mainly used to identify the breakout of a stock or any traded entity enabling traders to take either long or short positions.
Traders can take a long position, if the stock is trading higher than the Donchian channels “n” period and book their profits/short the stock if it is trading below the DC channels “n” period.
The middle band is the average of the upper and lower bands.
The middle band in Donchian channels could also be used as a breakout indicator.
If the stock rises above the middle band of the Donchian channels, then you can open a long position.
On the contrary, if the stock is trading below the middle band of the Donchian channel, then a trader can open a short position.
Combining Donchian Channel trading strategies with other trading strategies might decrease the false entry/exit signals and give a clearer picture of trading opportunities.
If you start to trade a choppy market on an intraday basis, you will be overloaded with false signals.
So, what I noticed is that in order for things to become clearer, we just need to increase the time frame.
Where Donchian Channels Can Fail You
It’s likely not the indicator but more likely our misinterpretation of the signals.
Few areas where the Donchian channel may be tough to read.
Low float stocks are not bound by any indicator, especially Donchian channels.
The challenge with the Donchian channels is that it does not factor in the most recent market volatility.
The indicators provide an equal weighting to all data points.
Therefore when a low float stock picks up and goes on a run, the lower bounds not capture the price movements quickly enough, thus risking giving back more profits than necessary.
Pivot Point SupertrendHello All,
There are many types of SuperTrend around. Recently I thought about a Supertrend based on Pivot Points then I wrote "Pivot Point SuperTrend" script. It looks it has better performance on keeping you in the trend more.
The idea is behind this script is finding pivot point, calculating average of them and like in supertrend creating higher/lower bands by ATR. As you can see in the algorithm the script gives weigth to past pivot points, this is done for smoothing it a bit.
As I wrote above it may keep you in the trend more, lets see an example:
As an option the script can show main center line and I realized that when you are in a position, this line can be used as early exit points. (maybe half of the position size)
While using Pivot Points, I added support resistance lines by using Pivot Point, as an option the script can show S/R lines:
And also it can show Pivot Points:
When you changed Pivot Point Period you can see its reaction, in following example PP period is 4 (default value is 2). Smaller PP periods more sensitive trendlines.
Alerts added for Buy/Sell entries and Trend Reversals. (when you set alerts use the option " Once Per Bar Close ")
ENJOY!
Phicube EMASAR ( EMA Support and Resistance )Indicator based on the Concept created by Bo Williams. But unlike the original that uses MIMAs, EMAs are used here.
Exponential moving averages will be shown according to fractal alignment, in order to show the important support and resistance levels ( SAR ).
When the fractals are aligned to become support,
we will have the EMA in the graph with a bright color.
When the fractals are aligned to become resistance, we will have EMA in the graph with a matte color.
Available exponential moving averages: 17,34,72,144,305,610,1292 and 2584
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Indicador baseado no Conceito criado pelo Bo Williams. Mas diferente do original que utiliza MIMAs, aqui é utilizado EMAs.
As médias móveis exponenciais serão mostradas de acordo com o alinhamento dos fractais, com objetivo de mostrar os níveis importantes
de suporte e resistência( SAR ).
Quando estiver com os fractais alinhados virando suporte, teremos no gráfico a EMA com uma cor em tom brilhante.
Quando estiver com os fractais alinhados virando resistência, teremos no gráfico a EMA com uma cor em tom fosco.
Médias móveis exponenciais disponíveis: 17,34,72,144,305,610,1292 e 2584
Day & Week & Month & Quarter & Year Open Price PointsPresent to your attention, basic “Day & Week & Month & Quarter & Year Open Price Points Indicator” !
You can determine support & resistance using Yearly, Quarterly, Monthly and Weekly open price points on a chart with any timeframe.
It is not a widely used technique, but according to different academic studies, levels are reliable. Google it! You can enhance your trading by adding that technique in your tool list.
At the current stage, Indicator shows Open Price Points.
Opening price points are extended into the future from the opening candle of each year, quarter, month and week and day.
By nature of that points, every level may be used as a support and as a resistance level at a similar time.
Initial setup:
1) Open the indicator Inputs settings, enable/disable additional Price Points.
2) Open the indicator Style settings, click on a style of each line and click on a “Price Line.”
How to use that?
With a lot of available strategies, there are two leading: Level convergence and Trend line convergence.
1) Level convergence involves locating two or more opening points that merge. This confluence can lead to greater accuracy and profitability.
2) Trend line convergence - The intersection of a trend line at a weekly, monthly, quarterly or even yearly opening level can produce fast and profitable reactions.
Try that!
As a stand-alone strategy, you can utilize that:
Price action under the WO (DO, MO, QO, YO) – Bearish
Price action above the WO (DO, MO, QO, YO) – Bullish
TIP: opening level not always good as a stand-alone tool!
Indicator Settings:
Show Daily Open (disabled by default)
Show Weekly Open (ON by default)
Show Monthly Open (ON by default)
Show Quarter Open (disabled by default)
Show Yearly Open (disabled by default)
Indicator Styling:
By default, each line is shown in the form of circles, line-width 1, silver colour.
Labels can be only in one of two states: Maroon (if open price less than ((open + high + low + close)/4) or Teal (if open price high than ((open + high + low + close)/4).
Alerts:
With the Indicator you can add a few different alerts:
DO Alert
WO Alert
MO Alert
QO Alert
YO Alert
Play with it:
Add a new alert with following condition: your SYMBOL crossing DWMQY OPP Weekly Open.
Options: Once per Bar.
Future of the Indicator:
The Indicator is a necessary part of more prominent Indicator which will include 8 modules in total:
2~ Arabian Wise Tunnels Module
3~ RH Waves Module (something like Vegas Waves)
4~ Trend Channels Module
5~ Opening Range Zoning Module
6~ Breakout Module
7~ BS Hemisphere Module
8~ Price Action Module
DISCLAIMER! RISK WARNING!
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADERS SHOULD NOT BASE THEIR DECISION ON INVESTING IN ANY TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED, ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, TRADERS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS.
//Written by iambitboy request.
GC Supports & ResistancesThe indicator display the supports and resistances available. Breakout also are reported in case that not exists at least three resistances.
Does print lines and labels with each identified data (S, R and BO).
SMI Stochastic Momentum Index 2x set per Baiynd -Tom1traderStochastic Momemtum Index - a true strength indix tsi with a moving average signal.
This uses the built in with modifications per Anne-Marie Baiynds recommendations - she uses a SIMPLE MOVING AVERAGE
for the signal (signal length at 4x the short length seems to work best to reflect actual price action support or resistance)
Note: Default settings in this code have been updated to her most recent recommendations that I have seen.
video is entitled "The Most Reliable Technical Indicator I Have Ever Used"
Note: I have not discussed this with Ms . Baiynd this is my interpretation of the vids I have seen.
Anne-Marie Baiynd also in talks / videos refers to the use of short / long of 4/20 and 6/40 and have combined both of them here
This overlays both of them with their respective SMAs- a 4/20 lengths and a 6/40 lengths in darker colors and smallest linewidth.
this gives a perspective on slightly higher time frame action.
USAGE: Generally above and below the black dashed zero line is long or short
KEYS: -Plot position relative to zero black, red overbought, green oversold and the gray lines at .25 -.25
Indicator action often more significant out side of the more "neutral" +.25/-.25 area
and near or above/below the red/green dashed lines.
-Steepness of slopes
Slopes of smi plots relate directly to price action where steeper is more momentum.
- -SMI blue relation to its simple moving average orange and the SMI longer dark blue with moving average purple.
MAJOR FEATURE - The average acts as support or resistance to the SMI and the price unless breaking out.
Price is often pausing or reversing iin finding primary/secondary support or resistance as well at those times.
You Can See and anticipate Where Support or Resistance may be Encountered. (much unlike most indicators)
My standard caveat -use at your own risk. Like anyone else I do not know what the next bar/candle is going to do
and I place all of my trades with a management plan in place for the worst case scenario.
That said enjoy your charting and trading.
This was coded starting with the built-in indicator "SMI Ergontic Oscilator / Indicator". You do this by within the Pine Editor select "New" tab and
choose the indicator that you want the code for. This populates the editor with the code for the built in indicator and you can modify it to suit your
purposes and save it / publish it and etc. Thanks for following this and Keep Smiling!
Level KingShows key historical support & resistance (S/R) levels on multiple timeframes
Shows two nearest levels below and above current close price on 2 selected time frames
Option to select timeframes (daily, weekly, monthly, current)
Option to display moving average S/R levels as well (daily and weekly)
Option to display levels for current bar only, or to show all historic S/R levels as they occurred
Strategies include:
Enter or add to long positions on "support" (when price touches a green/blue line)
Enter or add to short positions on "resistance" (when price touches a red/purple line)
Take profit from a long position when a "resistance" level is touched for the first time
Take profit from a short position when a "support" level is touched for the first time
Areas of Support/Resistance & BreakoutA pretty little indicator showing pivotal breakouts - that is, locating critical pivot points within price action, connecting the dots and trading the breakouts from this area!
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Useful for finding good entry levels, exit levels, areas of strong support/resistance and most importantly - the Breakout!
Includes "Bars to the Left" variable so you can shorten or lengthen the indicator as required.
Good Luck and Happy Trading!
Trend Lines for RSI, CCI, Momentum, OBVHello Traders!
After publishing Trend Lines for RSI yesterday, I realized that Trend Lines for more indicators needed by the traders. so I decided to make it for four different indicators: RSI, CCI, OBV, Momentum
In the indicator options you can choose the indicator from pull-down menu.
How it works?
- On each bar it finds last 10 higher and lower Pivot Points (PP) for the indicator.
- from first bar to 10. Pivot Point it searchs if a trend line is possible
- for each PP it starts searching from the last PP .
- it checks if drawing a trend line possible or not and also it's broken or not
- if it's broken then optionally it shows broken trend lines as dotted (or you can option not to see broken lines)
- if it finds a continues trend line then it stops searhing more and draw trend line, this is done by checking angles (I did this to make the script faster, otherwise you may get error because of it needs time more than .2sec)
- the script makes this process for each PP
- then shows the trend lines
P.S. it may need 3-10 seconds when you added the script to the chart at first (because of calculations)
Trend lines for CCI:
Trend Lines for OBV
Trend Lines for Momentum:
You may want to watch how Trend Lines script works (that was made for RSI)
s3.tradingview.com
If you still didn't see Trend Lines v2 then visit:
All Comments are welcome..
Enjoy!
Levels Compound v.2Daily, weekly, monthly support and resistance levels. Also paints 2 different daily WMAs and the daily weekly monthly avg.
Trend Lines v2Hello Everyone. After working on new and better trend lines script for couple of weeks, finally I am proud to publish Trend Lines v2.
How it works?
- On each bar it finds last 10 higher and lower Pivot Points (PP).
- from first bar to 10. PP it search if a trend line is possible
- for each it starts searching from the last PP.
- it check if drawing a trend line possible or not and also it's broken or not
- if it's broken then optionally it shows broken trend lines as dotted
- if it finds a continues trend line and stop searhing more and draw trend line (I did this to make the script faster, otherwise you may get error because of it needs time more than .2sec)
- the script makes this process for each PP
optionally trend lines may be Solid or Dashed
optionally you may get rid of broken trend lines if you think it's crowded
and sometimes you may not see any trend line on the chart. this means you need to adjust the period for Pivot Points accordingly
also I made a video. if you watch this video you can see how the script works.
Important! after you add this tool to the chart you may need zoom-in and zoom-out to see all lines!
I thought a lot to make it free or not then I decided make it free and open source. you should know there is a lot of effort for this script, so if you think this is usefull please consider a donation ;)
Enjoy!
MM-S/R
This indicator shows long term support and resistance levels that combine monthly time frame and selected time frame. For example, If you select 4h time frame, this indicator shows supports and resistances for 4h and also 1 month time frame.
Orange dashed line : Lowest low level for selected time frame in 377 bars.
Orange line : It shows pivot low levels based on price touches for selected time frame.
Maroon line : It shows pivot low levels based on price touches for monthly time frame.
Green line : It shows pivot high levels based on price touches for selected time frame.
Aqua line : It shows pivot high levels based on price touches for monthly time frame.
Green dashed line : Highest high level for selected time frame in 377 bars.
This is just an indicator. You can use it, but it’s at your own risk.
Bu indikatör seçilen zaman dilimi ve 1 aylık periyotlar için uzun dönemli destek ve direnç seviyelerini gösterir. Örneğin, 4 saatlik zaman dilimini seçerseniz, bu indikatör size 4 saatlik zaman dilimi için oluşan destek ve dirençlerin yanı sıra 1 aylık periyotta oluşan destek ve direnç noktalarınıda gösterir.
Turuncu kesikli çizgi : Seçilen zaman dilimine göre 377 barlık en düşük seviyeyi gösterir.
Turuncu çizgi : Seçilen zaman diliminde oluşan pivot düşük noktalarını ve bu noktalara fiyat dokunuşlarını baz alarak çizilir.
Mor çizgi : 1 aylık periyotta oluşan pivot düşük noktalarını ve bu noktalara fiyat dokunuşlarını baz alarak çizilir.
Yeşil çizgi : Seçilen zaman diliminde oluşan pivot yüksek noktalarını ve bu noktalara fiyat dokunuşlarını baz alarak çizilir.
Turkuaz çizgi : 1 aylık periyotta oluşan pivot yüksek noktalarını ve bu noktalara fiyat dokunuşlarını baz alarak çizilir.
Yeşil kesikli çizgi : Seçilen zaman dilimine göre 377 barlık en yüksek seviyeyi gösterir.
Bu sadece bir indikatördür, alım satım tavsiyesi içermez. Kendi riskinizi alarak kullanabilirsiniz. Yatırım tavsiyesi değildir.
NSDT Colored Support And Resistance ZonesScript that allows you to plot four (4) different support/resistance zones. The zones will change color whether the candle is over or under or within the zone area. All options can be modified. Tip: If you want eight (8) zones, just load the indicator twice.
Dynamical Support and Resistance [Fournier-Eaton]The Dynamical Support and Resistance Indicator finds support and resistance levels.
The plot is price relative: if the indicator nears one of its supports or resistances then the price is likewise nearing a support.
The levels are dynamical: once a support or resistance is broken, a new calculation is performed.
There are 3 supports and 3 resistances each with a longer time-frame. Breaking through the first shouldn't signal much, breaking through the third is programmed to only happen at a significant number of standard deviations.
Enjoy. Feedback appreciated
AX__Support/Resistance 000 y 00 There are many assets in the markets that are very sensitive to round levels, especially double or triple zero, so that these levels function as clear levels of support or resistance, sometimes very strong. And that we can take advantage of along with other things, to operate with a greater probability of success.
The script or indicator mainly for all currencies of the FOREX and XAUUSD gold market generates reference lines that at certain times of the market function of resistance or support by performing an automatic line without the need to draw them in tradingview although in tradinview they also generate the same lines only This script has a more prominent visual mode that makes it much better than the generic TV
generates lines every 100 pips FOREX including gold
generates extra lines of 10 pips without losing resolution (optional)
1 to 4 line thickness
4 colors black blue white and gray
I hope this tool helps you in your daily trading if you have any suggestion correction write me in comments or imbox by tradingview messages look for me by the name of AX010
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Existen muchos activos en los mercados que son muy sensibles a los niveles redondos, sobre todo a los doble o triple cero, de forma que dichos niveles funcionan como claros niveles de soportes o resistencias, en ocasiones muy fuertes. Y eso lo podemos aprovechar junto con otras cosas, para poder operar con una mayor probabilidad de éxito.
el script o indicador principalmente para todas las divisas del mercado de FOREX y XAUUSD oro genera lineas de referencia que en determinado momento del mercado funciona de resistencia o soporte realizando un linea automatica sin necesidad de trazarlos en tradingview aunque en tradinview tambien generan las mismas lineas solo q este script tiene un modo visual mas resaltante que lo hace mucho mejor que lo generico de TV
genera lineas cada 100 pips FOREX incluido el oro
genera lineas extra de 10 pips sin perder resolucion (opcional)
grueso de linea de 1 a 4
4 colores negro azul blanco y gris
espero que es esta herramienta les ayude en su trading diario si tienen alguna sugerencia correccion escribanme en comentarios o imbox por mensajes de tradingview buscame por el nombre de AX010
saludos
Rounded Bluebox Zones - Bitcoin BeatsThis script is a combination of my Rounded Pitchforks script and an automatic support and resistance detector.
The goal of this script is to give the future supports and resistances in order to help guide your entries and exits in trades.
Both the curved and straight blueboxes indicate areas of confluence.
This means putting stoplosses and take profits in these areas can be a valid strategy.
This can be used on all timeframes.
ALL LINES AND BOXES CAN BE REMOVED IN THE SETTINGS.
So if you only want the curved pitchforks or only want to show a specific range, you can do as you wish.
For assets different from BTC, you will have to adjust the fully customisable settings.
TRADE AT YOUR OWN RISK
