Here is my 'ZigZag' without using 'security' There are 2 options: HTF Where the scripts plots the present TF 'ZigZag' together with the next 3 Higher TF ZigZag's (TF can be 15', 30', 1h, 2h, 3h, 4h, 6h, 8h, 12h, D, W, M) s3.tradingview.com When the chosen TF is not compatible, a message will be shown: s3.tradingview.com Multiple Where the set 'leftbars' are...
Aᴜᴛᴏ PɪᴛᴄʜFᴀɴ, Fɪʙ Exᴛᴇɴꜱɪᴏɴ/Rᴇᴛʀᴀᴄᴇᴍᴇɴᴛ ᴀɴᴅ ZɪɢZᴀɢ This study aim to automate PitchFan drawing tool and combines it with Fibonacci Extentions/Retracements and ZigZag. Common setting options, applied to all components of the study Deviation , is a multiplier that affects how much the price should deviate from the previous pivot in order for the bar to...
Fɪʙᴏɴᴀᴄᴄɪ Exᴛᴇɴᴛɪᴏɴ / Rᴇᴛʀᴀᴄᴍᴇɴᴛ / Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ This study combines various Fibonacci concepts into one, and some basic volume and volatility indications █ Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ — is a technical indicator that is used to determine the levels at which price may face support or resistance. The Pivot Points indicator consists of a pivot point (PP) level and several...
My Own Kagi Indicator Implementation! I couldn't find anywhere on the internet a simple implementation of the Kagi indicator (apart from a seemingly complicated JavaScript implementation). So I decided to implement it myself and test it against the built-in Kagi indicator calculated by the built-in security function - They ended up exactly the same! (You can see...
Generate a small line according to the pattern of the K-line, where green represents long and red represents short; (we call it pen) then according to the small line segment, a large line(we call it line) is generated according to the new high or new low rule; (we call it line) finally, a rectangle is generated according to the overlap interval of the large...
This is a script which find the lows within confirmed ranges, however there is some margin or error. Therefore, take this as a suggestion, not as financial advice.
This is based on Weis Wave principle with different customization. Namely Shows Volume (in thousands) for each wave Calculates the effort/reward matrix of each wave (proprietary calculation) Can show either bar count or Effort/Reward (E/R) Matrix with volume for each wave Default is E/R Matrix only You can choose what you want to see from the...
The Fibonacci Channel is a technical analysis tool that is used to estimate support and resistance levels based on the Fibonacci numbers. It is a variation of the Fibonacci retracement tool, except with the channel the lines run diagonally rather than horizontally. This study will automatically place the channels where the levels indicate future areas of...
Fibonacci Speed and Resistance Fan is an analytical drawing tool used to indicate the support and resistance levels of an existing trend and the price level at which possible changes in the trend may occur. A Fibonacci Speed Resistance Fan consists of a trend line drawn between two extreme points - a trough and opposing peak or a peak and opposing trough - on...
Pitchfork is a technical indicator for a quick and easy way for traders to identify possible levels of support and resistance of an asset's price. It is presents and based on the idea that the market is geometric and cyclical in nature Developed by Alan Andrews, so sometimes called Andrews’ Pitchfork It is created by placing three points at the end of...
This indicator draws a continuous line like Zig-Zag in accordance with a strict rule. A pair of candle sticks that are next to each other shows four patterns. 1: A bullish candle stick and a bearish one 2: A bearish candle stick and a bullish one 3: A pair of bullish candle sticks (including a doji ) 4: A pair of bearish candle sticks (including a doji ) 1: A...
The following indicator returns a line bouncing of the extremities of a Donchian channel, with the aim of replicating a "zig-zag" indicator. The indicator can both be lagging or lagging depending on the settings user uses. Various extended lines are displayed in order to see if the peaks and troughs made by the Donchian zig-zag can act as potential...
CRYPTO - Moonshot signals indicator is designed to work well in trending markets and scalping using the levels in sideways market FAQs 1. What is the optimal TF (Time Frame) for the indicator? A. 3 min HA (Heikin Ashi) Candles 2. Will it work on other TFs? A. Yes, 1min works well as well but less profitable. 1min TF is recommended during High volatility . 3....
Hello Traders! I have been away for a while but am recovering back gradually! Here is a gift to all of you. It is based on the much loved ZigZag++ Script The Semafor is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones at different Depth settings. The red zones are the extreme places where...
Hello Traders, Here Tweezers and Kangaroo Tail script is in your service. The script searches for Tweezer / Kangaroo Tail candlestick patterns and shows them as T (Tweezer) and K (Kangaroo Tail). Thanks to RorschachT who game me the idea and some details while working on this script. What are these candlestick patterns? Tweezers : - A tweezers...
Hello Traders, Here is my new year gift for the community, Digergence for Many Indicators v4 . I tried to make it modular and readable as much as I can. Thanks to Pine Team for improving Pine Platform all the time! How it works? - On each candle it checks divergences between current and any of last 16 Pivot Points for the indicators. - it search divergence...
The original script is available here New version of ZZ-strategy. Repaint? Normal lines are not redrawn. Dotted lines repaint, but do not affect trading (do not affect backtests). You can turn off repaint in the script settings. Repaint (dotted lines) are needed only for clarity. To make it clear from which bar the level is created. Levels Lime lines above -...