This is another indicator in my Pivot level series. This one automatically draw Fibonacci levels based on the previous day's lowest (0%) and highest (100%) values, similar to a Fibonacci retracement. Manual TimeFrames can be given, it is just a text string though and is not checked, so needs to be a valid resolution eg: 60, 120, 240, 360, 480, 720, 1D, 1W, 1M, 2D,...
This study is a variation of my "Automatic Daily Fibonnacci" indicator. This variation automatically draw Fibonacci Pivot levels (or optionally Classic Pivots) based on the previous day's highest and lowest points. The HLC3 is used as the default Daily Pivot level. Unlike the "Automatic Daily Fibonnacci", this indicator does not redraw/update levels on current...
Cueing Off Support And Resistance Levels, by Thom Hartle The related article is copyrighted material from Stocks & Commodities. You can change Time Frame in the settings: Monthly, Weekly, Daily
Cueing Off Support And Resistance Levels, by Thom Hartle modified by HPotter for trade signals. The related article is copyrighted material from Stocks & Commodities. You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Cueing Off Support And Resistance Levels, by Thom Hartle modified by HPotter for trade signals. The related article is copyrighted material from Stocks & Commodities.
Description This study project is a Scalping Pullback trading Tool that incorporates the majority of the indicators needed to analyse and scalp Trends for Pull Backs and reversals on 1min, 5min or 15min charts. The set up utilies Heikin Ashi candle charts. Incorporated within this tool are the following indicators: 1. Major industry (Banks) recognised important...
For 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...
With this support and resistance indicator, if you want more levels just change the timeframe it looks at in the settings. It will pull the SR levels off the timeframe specified in the settings. Note: SR1 and SR2 timeframe should match.
This update is a correction on the way the Fib Zero line is calculated. Previously it was just based on the source of the previous day, which is Ok as long as the Fiblength was set to 2. The new version calculates the Fib Zero from the average of the specified source over the Fiblength, so if Fiblength is now something other than 2 the Fibonacci Zero and other...
Same 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
Fairly 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 :...
Plots... Confirmed highs when 1. it's higher than the 4 prior (lower) highs AND 2. higher than the 2 following (lower) highs. Confirmed lows when 1. it's lower than the 4 prior (higher) lows AND 2. lower than the 2 following (higher) lows.
Description: 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.
Previous High low plotting. COPIED from Chris Moody's script and adjusted it for my needs.
EXPERIMENTAL: Request for oct15joe: SR lvls preliminary version
All right people... !! Here is one more crazy stupid experiment by me while boosing. I call it..... Well Bollinger Bands for now.. If you like it and find it useful, give me suggestions, we can name it. Its was just an idea of removing unnecessary opposite bands (noise i say) and it turned out to be useful to me. After finishing, I saw good locations of ...
The 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...