Script created by Cavuca-Trader for technical analysis of various assets. It is based on analysis of moving averages and also on Elliot wave movements, signaling entries and exits through its own coloration. Mode of Viewing the indicator: Moving averages are used to assist in the movement of the asset's trend by observing its slope. The indicator recognizes market...
This script draws price levels corresponding to the highest price reached in overbought situations, and the lowest price reached in oversold situations, depending on the oscillator and the timeframe the user has configured. These levels correspond, most of time, to good supports and resistances prices. Price levels drawings can be based on the following...
Key Levels Aims to capture 3 of the most significant points in price action Breakouts False Breakouts (Traps) Back Checks These 3 points alone, if properly identified, can be some of the most significant points of movement in the price history of an asset and bring significant gains to traders, if capitalized on. Here are a few examples of these...
Unique live widget which provides information about support and resistance along with distance to immediate levels. ⬜ Custom Candle Source Three options of candles available ▶ Regular OHLC candles ▶ Heikin-Ashi candles ( Taken leaf out of @Bjorgum's book - but, still could not do it as good as him :) ) ▶ Moving average candles ⬜ Multiple zigzags and...
This toolkit aims to display multiple Fibonacci drawing tools including retracements, arcs, circles, fans, timezones and spirals. Usage Upon adding the indicator to the chart, users will be prompted to choose a starting point and an ending point for the calculation of the drawing tools. Users can then navigate to the settings of the toolkit and choose which...
This is quite a simple script, just plotting a 34EMA on high's and low's of candles. Appears to work wonders though, so here it is. There is some //'d code which I haven't finished working on, but it looks to be quite similar to Bollinger Bands, just using different math rather than standard deviations from the mean. The bands itself is pretty self...
Here signals are based on the pivot high and pivot lows. Factors taken into account in understanding the breakout or breakdown are: volume candle bar is not opening candle must be near pivot high or low Recommendation: Use once candle closes else you might get trapped in certain cases so be careful
This indicator plots a table off to the right of the chart to help with determining timeframe continuity. Per the Strat, a great edge is only taking trades where full timeframe continuity is in place (i.e. if you are going long, make sure other timeframes are also green). In this script: Green candles have green colored boxes, red candles have red colored...
This script identifies Orderblocks, Breakerblocks and Range using higher order pivots and priceaction logic. I tried to reduce the number of blocks to make the chart cleaner, for this purpose I use only second order pivots for both MSB lines and supply/demand boxes, I also tried to filter out shifts in MS and false breakouts. Any box has GRAY color until it gets...
Abstract This script finds potential safe grids placing limit orders without fear of missing out. This script computes grids according to power of 1.0025 . You can reference those price levels for your trading. Introduction Grid trading is a popular trading method. Traders plan several price levels as grids and repeat buying at lower grids and selling at higher...
Two bands formed by moving averages of highs and lows. The lower band should provide zone of support in uptrends while the upper band should provide zone of resistance during downtrends. Bands that turn green in bullish trends should provide buy signals while bands that turn red in bearish trends should provide sell signals.
ProfitBee59 Pro for TradingView helps you do tedious works on your technical charts. *It does CC59 counting and prints out a positive or negative number on each price bar. When the counting arrives at -9 or +9, it creates support and resistance (SNR) levels on the chart. *It detects a Mom and Baby (MNB) pair of price bars where the left bar has higher high and...
Given the positive feedback received on the first Dynamic Support/Resistance script, I've decided to rewrite it on Pine Script v5 and publish it with open source code. The main Divina area (box) is derived from change in price and volume, while the other support and resistance levels are based on the golden ratio (Divina proportione) or Fibonacci numbers. The...
Plots the percentage drop levels from the All-Time High of any ticker. You can use this within a pullback trading system. For example, if you historically look at the average pullback of large cap stocks and ETF's, you can use this indicator to plot the levels it could pullback to for an entry to go long. It can be used as potential targets when trading a ticker...
This script allows users to plot automatic support and resistance lines on their chart from any timeframe. This allows them to automatically overlay daily support and resistance lines on an intraday chart. 1. First we get a value from a 5 bar pivot. 2. From that pivot we calculate the ATR. 3. We draw lines above and below by either adding or subtracting from our...
This script displays support and resistance lines at the levels you enter in the Input Settings. It does not perform the S/R calculations. It allows you to: Enter up to 6 support and 6 resistance lines each; any with value of 0 will be hidden Specify one ticker that it applies to, so the lines will be hidden if you switch charts Set the text size, color,...
This script detects recent huge volume areas to help you finding out good support and resistance levels. For each of the 3 periods (defaults : 100, 200, 500) a new line will be drawn from the last time the volume amount exceeded n% (default 99%) of the highest volume on the same period, to the next occurence. Most of time, these lines represent strong...
Generates Range & EQ levels and removes duplicates. Prioritizes by higher timeframe for duplicates. For example, on Monday's open, weekly open is displayed while daily open is hidden automatically.