So I took the zigzag pivot of my last script , i remove the original zigzag and replace it by % zigzag , then i add the TP % 1 and 2 and by the cross of the uptrend of the zigzag % of the pivot points of support and resistance we can make buy and sell signal (H and L) and take the profit out by the trend using the Take profit 1 and 2. for each time frame you need...
This is based on two model : the first is the zigzag model of Ricardo Santos the second is a pivot system for high and low to find resistance made by jaggedsoft I try to show the connection between them and to form a cross of when the zigzag model crossing the pivot model this is seen in show sig best approach is to find the low based on the pivot system and...
This indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types. Unlike...
study(title="GTM - Team signal Buy/Sell", shorttitle="GTM - Team signal Buy/Sell", overlay=true) len = input(10, minval=1, title="Length") src = input(close, title="Source") out = ema(src, len) bearish = cross(close,out) == 1 and close > close bullish = cross(close,out) == 1 and close < close plotshape(bearish, color=red, style=shape.arrowdown, text="Sell",...
This script plot a Volume Accumulator Histogram. It accumulates volume after a price changes direction. Use it to show how big is the bear or bull force. I recommend to use Bandsize = 2 or 3 times ATR(300 or bigger) This script uses the core of my ZigZag Bands indicator, Use it to adjust Bandsize parameter.
This script plots a central line and top and bottom lines, like a bands. If the market is up and price still going up then central line follow the last closed "close" value. If the market is up and price goes down, then central line stop change. If price still going down and cross bottom line, the direction changes and central line start to follow the close...
EXPERIMENTAL: GANN lines projection based on zigzag tops/bottoms, use at your own risk.
EXPERIMENTAL: request for CharanTejaM zigzag may be adjusted to use other methods. zigzag repaints, use at your own discretion.
EXPERIMENTAL: Swing Charts with a personal touch(has slight modifications) :p
EXPERIMENTAL: Method for detecting 4/5/6/7 point harmonics included 3drive detection rates are rudimentary.
EXPERIMENTAL: fan projection from zigzag.
update: added optional option for marking the fractals with bgcolor (request for: faizal.mansor.908)
ZigZag Based on price oscilation. added pattern recognition, also added recognition of head and shoulders and contracting/expanding triangles to previous list of patterns :p Use Alt Timeframe: enables optional timeframes, use higher timeframes to reduce noise. Timeframe: said Alt Timeframe. Show Patterns: toggles Pattern Recognition on.
Renko based zigzag: mode: can be Traditional or ATR . modeValue: can be whole number if you use ATR mode, or floating point number in case of Traditional mode. showOverlay: displays basis Renko overlay.
EXPERIMENTAL: Best method so far to draw the zigzag. Multi time frame options