Ichimoku + 2 base line This indicator is a combination of Ichimoku cloud indicator with two base lines. The first base line is the same as the Ichimoku default settings but the baseline 2 indicates an average of 108 candles in the past and it acts as a strong support and resistance level. How to use this indicator? You can use this indicator to see if a...
This is a part of my Feigenbaum family of scripts. This one however uses the Feigenbaum Alpha constant (the constant of the width of the tein from the subteins) as a proportion of the ROC. Then it uses that to establish a middle point, and 2 resistance and 2 support lines.With the widest lines being R2 and S2. Dark red is R2 and Dark Green is S2. I encourage...
RSI Sᴜᴘᴘᴏʀᴛ & Rᴇꜱɪꜱᴛᴀɴᴄᴇ ʙʏ DGT This experimental study attempts to translate Relative Strength Index (RSI) threshold levels of oversold/overbought and bull/bear zones as probable Price Support and Resistance levels █ OPTIONS Support & Resistance Levels , the main aim of the study. Level calculations are based on Relative Strength Index (RSI) ...
This is an indicator that automatically detects and displays support / resistance zones. It displays up to 5 zones with a large number of reversals. - Zone Color : Set the zone color. - Number Of Zones : Set the number of zones to display. Can be set from 1 to 5. - Zone Width : Set zone width. Selectable from "Very Wide", "Wide", "Normal", "Narrow", "Very...
This is an indicator that automatically detects and displays support / resistance zones. It displays up to 3 zones with a large number of reversals. - Number Of Zones : Set the number of zones to display. Can be set from 1 to 3. - Zone Width : Set zone width. Selectable from "Very Wide", "Wide", "Normal", "Narrow", "Very Narrow". - Number Of Reference Bars :...
A simple way to identify potential breakouts at the New York market open. This indicator plots the high and low of the New York Pre-Market, providing a great visual of a potential breakout levels.
Dear Followers, today another awesome Analysis Tool, that you can use in your trading journey: Price Levels ! Are you a range trading player? a scalper? or maybe a day-trader or a swing-trader? This is for you then. Indeed it's for everyone. This indicator works on every timeframe, market and pair. It keeps track of recent important levels generated by price...
Example of manipulating a float series to: • switch from one source to another • maintain a level by referencing itself This script publication is intended for: • Educational Purposes Who is it for? Anyone who wants to learn how to change the position or state of an active float series.
Multi-timeframe fibonacci pivot point analysis with 38.2%, 61.8% and 100% retracement levels. Select and agglomerate different fib timeframes on your single timeframe chart fren . The following scopes made available and stackable to your heart's desire (toggle on or off timeframes within settings): 1 Week 3 Day 1 Day 12 Hour 6 Hour 4 Hour 3 Hour ...
Hello, I've decided to publish a new script. The previous version of this script was removed by admins for breaking community rules. So I present to you the Fibonacci Support / Resistance. 1. How does it work Ratio plots I first take the input of pivot look back and search for pivots high and low. And then it takes a second look back to search...
"A mean is a moving average of price. And if we measure price action in relation to its own moving average, the nominal price is no longer our primary concern. We’re looking at a market’s relationship to its own moving averages and the structures it forms around them. That way, we have a unit of measure that’s primarily a function of a market’s action, not so...
█ OVERVIEW This script presents a label with an overview of higher timeframe highs and lows. This can be useful information as we all know that price likes to revisit previous highs and lows area, specially on the higher timeframe. █ CONCEPTS This information can be relevant and valuable for various reasons: Finding horizontal Support and Resistance ...
This indicator uses three moving averages: 2 period low simple ma 2 period high simple ma 9 period least squares ma The trend is determined by the angle of the moving averages, current close relative the the 9 least squares ma (lsm) and the current close relative to the prior two periods high and low. When there are consecutive closes inside the prior two...
This is a simpler alternative to the auto-fibonacci indicators. Calculates the fibonacci levels based on the all-time high and all-time low prices. Candles are then colored based on the current closing price's relation to the 5 levels.
[ AR ] iLevels - indicator is intended for displaying important levels from a current and higher timeframe. The indicator hides levels if they are far from the current price . The concealment range is based on the ATR * multiplier value. This keeps the graph clean and not shrinking . Available levels: - EMA - 5, 10, 20, 50, 100, 200, 300, 400, 500, 1000,...
Part of the EZ Profit Maker Suite THE 'PROBLEM' A lot of buy and sell strategies are based on price action being at a particular (support) level, crossovers of different moving averages or of price action over moving averages or trend lines. A Trader waits for price/moving averages to reach a particular level/configuration by then the STOP LOSS is too GREAT. So...
Auto risk You are diving into a high-risk investment. We are not responsible for losses, the only certainty is that they will come, the most important thing is to manage them. Test this script on a demo account, and use the backtest. Make sure you are familiar with it before using real money. Use all your experience and other assistance for better accuracy. Do...
Based on basic Nimblr TA, Momentum Candles combined with Breakout/Breakdown can detect a change in trend direction. Nimblr mainly categorizes candlesticks into Momentum (Body > 50%) and Indecision (Body < 50%) candlesticks. ⁕ shows Momentum Candles, others are Indecision Candles ↑ shows Breakout ↓ shows Breakdown Yellow lines show the current Indecision candle...