DynamicSR DTI: Auto Support and Resistance AreaThis works only on charts with real volume...if it does work
Support
B3 Weeklies - Pivot S/RBy request, some more of the levels that I like to see. I find that this works well on gold and crude oil the best. Stocks and ETF's sometimes have weird bars in after hours, and this sometimes destroys the week's levels. Any non liquid jump and back bars will likely not be tolerated by the study and ruin its data. The indexes sometimes work, but I find that the other pivot study I released is better for index futures. Forex hasn't been tested on this particular pivot study as of yet. Feel free to comment with your experiences using this with currencies.
This one is designed to show you your current week's action versus last week's action. Fibonacci levels are drawn from the range created by the week before, then offset from pivot HLC/3. These do not reprint so you can trust them to remain the same straight away from Sunday night into Friday's close. On other platforms I can get the next week in future to print as well, showing you where the next week trade levels on Friday before. Maybe I can figure out how to make pinescript print in the right extension, haven't got there yet.
Pretty good selection in 12 days of being a member though, so I am psyched how well this is going in TradingView, learnin' more language all the time. Feel free to leave some feedback, and happy to answer any questions. ~B3
Swing high low support & resistanceThe Swing indicator will plot dot lines that represent the swing points based on the swing length input(number of bars to the left and right of the swing point).
Swing highs and lows can be used by traders to identify possible areas of support and resistance, which can then be used to determine optimal positions for stop-loss or profit target orders. If an indicator fails to create a new swing high while the price of the security does reach a new high, there is a divergence between price and indicator, which could be a signal that the trend is reversing.
Swing highs and swing lows are earlier market turning points. Hence, they are natural choices for projecting support and resistance levels. Every swing point is a potential support or resistance level. However, for effective trading, focus on major swing highs and lows.
B3 Fibonacci Pivot S/RFor my second share, I give you some levels I look at everyday for the ES minis. HLC/3 of the MTF (multi-time-frame) inputs = mean and Fib-levels formed as support and resistance zones. There are some websites that will show you 20 ways to figure out a pivot for the day's intraday workings, and this one always rang true for me. I keep it set at Res=D and Len=3or5 and use on hourly charts. This indicator is capable of doing like a Res=60m Len=8 for a 5m chart or something of that nature if you wish to test it out.
I haven't tested it out for tick charts and I have noticed that this is good on index and commodity futures, and not so much other things.
Uncanny to me how well this works as reversal awareness for ES. Doesn't mean that one will happen, or if it does that it will have trade-able juice, though it is very important awareness never-the-less.
screencast.com
Auto-Support v 0.2Same script as the previous version with a slight twist
Have added (lines) "Transparency" to the settings to avoid having to edit every line individually ...
Cheers
Auto-SupportFairly simple script that automatically draws highs and lows for the past X periods at various intervals.
3 Settings :
"Sensitivity" which amounts to the horizontal separation from one high to the next high (default multiplicator : 10)
Variable "b" which is the HEX color for resistances (default : red)
Variable "c" which is the HEX color for supports (default : blue)
More HEX color codes on www.hexcolortool.com (not my webpage :)
Feel free to edit the script to your taste.
High Low Envelope SigmaDescription:
High and Low Envelope channel with median line and 'sigma' offsets to try and encapsulate price flow and quickly locate likely areas of support and resistance on the fly.
Kay_High_LowPrevious High low plotting.
COPIED from Chris Moody's script and adjusted it for my needs.
HL BREAKOUTThe base of the indicator is the breakout of historic High and lows.
There are 3 basic configurations
1° The High length that measure the latest 10 bars and make the "higher high"
2° The Low length taht measure the latest 10 bars and make the "lower low"
3° The Breakout PIPs administrator that defines how much pips are needed from the latest higher high to be defined as a level breakout.
So the strategy is super easy. The indicators show you the 10...20.. or whatever you need old bars high and lows.
When a breakout of that levels occurs and the candle "close" above or below and the close are more than "X" amount of PIPs a marker show up. The marker are the signals of buy and sell
I test some configurations, and work in all timeframes but.
I suggest
10, 10, 0.0003 for timeframes from 1m to 15m
and 10, 10, 0.0005 for timeframes higher than 15m
Maybe you need to test other configurations for 4h 1 day, etc the basics are the same in all timeframes, the main difference is the amount of pips that will be considered as "breakout" the higher timeframe the higher amount you need to prevent false positives.
Last words: 0.000X are for the PIPs for currencies that have 4 or 5 decimals like euro and other, if you use in YEN change it to a configuration of 2 digits decimal. Just that.
Have "fun" !
CD_Average Daily Range Zones- highs and lows of the dayUses daily average ranges of 5 and 10 (most used) as buy (support) and highs (resistance) areas - half ranges used in calculations for a more accurate "forecast" of the H and L . Uses open but not close, so it does not repaint - experimental
[RS]Gap SR Zones V1EXPERIMENTAL:
Request for: MarxBabu
changed gap detection method.
added previous close line
ET-ATR-Price-OverlayOverlays the Average True Range high/low over Price. Shifts between support and resistance levels (based on ATR-21) according to price trend and breaks.
Average true range: en.wikipedia.org
@EmpoweredTrader
MA_FibBand_MTFMoving average of High, Low & Close with Fibonacci bands calculated from the average high and low. Four upper levels are to the power of 1.618, 2.618, 3.618 & 4.618. Four lower levels are to the power of 0.618, 1.618, 2.618 & 3.618. Included are a choice of time frames either current, semi-custom or fully custom allowing freedom to set any period you like which makes it great for historical averages. Adapted and expanded from Clarke Moody's MA_MTF i have tidied the script and included all CM's formulas although should be used in SMA or EMA i kept the other MA formulas for curiosity.
My preferred usage is to stick with 20ma and adjust the legnth of the period. Shown here is 20ema of 10day period.
More information can be learnt from 'endlessmountain' on youtube but only the very top and bottom levels are used with the High, Low & Close. Also i am not aware if this originates from any other source.
Thankyou to Clarke Moody and endlessmountain. Hope you like this tool.
[RS]Support and Resistance V0Support and Resistance using donchian channels to validate tops/bottoms
(note: while donchians follow price closely within look back window, this will only update new top/bottom when making new extremes in the donchian channel)
combo with other systems:
VDUB_RejectionSpike_v1 this indicator is for use with the Rejection Spike Strategy I recently publish
Have't had chance to test it yet so feel free to try.
Details of the strategy are listed in the link below
Wave Channel 3D Wave Channel 3D
Built by Ricardo idea from JR & Aloakdutt from indieTrades Jan. 2010
This indicator is very easy to build. We utilize Moving Averages with a set multiplier and an offset. Specially we try to use Fibonacci sequence series numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144...) as time space and multiplier (default 89, 8). Also included is Donchian Channel to locate strong trends and possible future support - resistance.
Examples of support/resistance on chart.
Dominant Price Trends
Future Support Resistance
Comparing Fibonacci Series Time Space - Multiplier
When Comparing make note of confluence support/resistance showing up with Fibonacci Series
Example uses DC
When Comparing make note of confluence support/resistance showing up with Fibonacci Series
Example without DC / Smooth MA
High Low Yearly Support ResistanceDecided to repost to get clean chart up. This gives you lines showing the current years highs and lows along with the previous years high and lows.
Requested by "N"
High Low YearlySorry for the mess above. Not sure how to remove it. It was not what I was looking to post. I added the the clean chart below.
This was requested by "N". It displays the current yearly highs and lows along with the previous years highs and lows. Just a nice way to see the support resistance in all time frames.
Open Close Daily LineThis will place circles on your chart for the opening daily price. If price is above, the circles are green. If price is below, the circles are red. I wanted to be able to see the opening price a bit easier while in smaller time frames.
I decided to add the previous daily closing line to the original script. Basically looking for good support / resistance
Dynamic SUPRES Multi Timeframe UpdateDynamic SUPRES can be interpreted in different ways. Each square marks an area of congestion that could serve as support and resistance.
FLASH UPDATE: Now is possible to choose the timeframe and the bars color on/off.
Dynamic SUPRESDynamic SUPRES can be interpreted in different ways. Each square marks an area of congestion that could serve as support and resistance.
