Session High and Low IndicatorThis script is meant for stocks that have a pre-market session. It is meant to be used on the 1 min time frame. This script will draw a green line at the high of pre-market, and a red line at the low of pre-market and extend these lines across the regular session day
This makes it easy to see if price action during regular market has broken above pre-market high or broken below pre-market low.
The high/low skips any quick spikes in price action (similar to what happens at 8:30 am every day).
Chỉ số High-Low
One Minute Algo Run (OMAR)OMAR marks the High and Low range of the opening candle (1min is recommended default for trading this) based on the current time frame in current session.
Additionally it marks recommended 1x and 2x extensions of the ranges for taking profit that may also be adjusted as needed.
Symbols at Highs & LowsFor the chosen symbols (Defaults to XLV, XLF, IWM, QQQ), this displays a table that indicates (by color) if each symbol is at the high or low of day. When used with the main indexes, If all symbols are at highs or lows together, this can be a great indicator that a trend day is occurring in the market. You can customize the indicator to use up to 8 symbols of your choice. You can also customize the appearance so that it only displays an "All symbols are at the Lows/Highs" message. Finally, you can customize the % threshold to use when measuring how close to the high/low of day price needs to be in order to be considered "at high/low of day".
Day_Week_High_LowPlot lines for Daily weekly high and low. It helps to find support and resistance for weekly option trading. Weekly high low acts as Support and resistance.
Day_Week_High_LowPlot lines for Daily weekly high and low. It helps to find support and resistance for weekly option trading.
Weekly high low acts as Support and resistance.
5MSM BRAHMA//Created By Patrick199415
//High Low DayBox
study(title="High Low DayBox", shorttitle="High Low DayBox", overlay=true)
st = input(true, title="Show Todays OHLC?")
// sy = input(false, title="Show Yesterdays OHLC?")
ph = security(tickerid, 'D', high)
// pdh = security(tickerid, 'D', high)
pl = security(tickerid, 'D', low)
// pdl = security(tickerid, 'D', low)
//offs_daily = 0
plot(st and ph ? ph : na, title="Daily High", style=line, linewidth=1, color=blue)
//plot( sy and pdh ? pdh : na, title="Previous Daily High", style=cross, linewidth=1, color=lime)
plot(st and pl ? pl : na, title="Daily Low", style=line, linewidth=1, color=red)
//plot( sy and pdl ? pdl : na, title="Previous Daily Low", style=cross, linewidth=1, color=red)
Previous Day/Week High & Low + 50% w/ Alerts| by Octopu$
📈 Previous Day/Week High & Low + 50% w/ Alerts| by Octopu$
This Indicator includes Previous Day High and Low Levels and 50% (Half of High & Low)
As well as Previous Week High and Low Levels ((Half of High & Low))
And also Pre-Market Session High and Low.
All of them with Built-in alerts.
Can be used in any timeframe with any ticker.
(Using SPY 5m just as an example:)
www.tradingview.com
SPY
Features:
• D High: Green Top Line
• D Low: Red Bottom Line
• D 50%: White 50% Line
• Week High and Low: Blue Top and Bottom Lines
• Pre-Market and Afterhours Session: Gray Lines
• Labels for Identification
Options:
• Toggle on/off for Day High, Low and 50%
• Toggle on/off for DWeek High, Low and 50%
• Toggle on/off for PM and AH Sessions
• Show/Hide the Labels with names
• Show/Hide the Lines themselves
• Fully Customizable Style and Color
Alerts:
• Triggers for Day (above or below level)
• Triggers for Week (above or below level)
Notes:
v1.0
Release of the Indicator
Changes and updates can come in the future for additional functionalities or per requests.
Did you like it? Shoot me a message! I'd appreciate if you dropped by to say thanks.
- Octopu$
🐙
Mondays Range by B1rdPlots mondays range (high, low and optionally average)
Features:
Added the option to extend the range for the entire week or just monday
Added the option to display if the high or low of the range has been taken and removes the level aftwards
Added the option to only display the current week
Added the option to visualize new weekly sessions
Added the option to mark mondays with a seperate background
Will update the script based on suggestions
HH & LL ScalperThis script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points.
Generally HH and HL shows up-trend, LL and LH shows down-trend.
If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script changes bar color blue or black. if there is up-trend then bar color is blue, or if down-trend then bar color is black. also as you can see support and resistance levels change dynamically.
If you use smaller numbers for left/right bars then it will be more sensitive.
Rets High/Low (2.0 Special Uncensored Edition)This script can be used as a visual aid in seeing the last highs and lows of price in a specific time period. It automatically updates the plots if new highs or lows are made within the given lookback period.
This is a fairly basic version currently, with new added features coming in future updates such as range between high/low and half and whole number detection.
Net New Highs CrossoverA lot of traders have a hard time to get in and out of the market at the right time.
Net New Highs of stocks can guide you to increase or decrease your exposure based on the current market health.
They are calculated by subtracting the new highs of the new lows, based on all stocks of the NYSE, NASDAQ and AMEX.
+ A positive value shows that the market is doing good, since more stocks are making new highs compared to new lows.
- A negative value shows that the market is doing bad, since more stocks are making new lows compared to new highs.
Combined with a moving average you can see crossovers that can warn you early when there is a change in the current market health.
Features
■ You can select different Net New High indices or combine them (NYSE, NASDAQ and AMEX)
■ You can specify a moving average line ( SMA / EMA and length)
■ Use single color or two colors for the moving average line to better spot the crossovers
Hints
*New highs and new lows index values currently only get updated at the end of the day
*Only works on daily timeframe
GS New Highs PointerWhat is this Indicator - This indicator i developed for identifying Highs and lows on weekly timeframe. It identifies new 52 weeks and 26 weeks high and during down trend market, it looks for new 6 month lows or 52 week lows
How to Use it - To use this indictor , You need to plot it in the chart and can be used in anytime frame. Whenever you see a stock showing green arrow below the price, then it means it has hit new 52 and 26 week highs. It basically means something interesting happening in that stocks and you can make your buy decision based on it if you are looking for momentum stocks
Market- It will work in any market condition Bull or bear if you are looking for momentum run
Condition - Use it when you are in satellite stocks and you want to identify if stocks is making new highs or not.
Aroon Backtest (Simple) [Loxx]Simple backtest for Bears Bulls Impulse found here:
What this backtest includes:
-Customization of inputs for Aroon calculation
-Take profit 1 (TP1), and Stop-loss (SL), calculated using standard RMA-smoothed true range
-Activation of TP1 after entry candle closes
-Long and short signal cross entries
-Continuation long and shorts entries calculated by lagged same-signal cross-ups and cross-downs
Happy trading!
Aroon [Loxx]The Aroon indicator is a technical indicator that is used to identify trend changes in the price of an asset, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. The idea is that strong uptrends will regularly see new highs, and strong downtrends will regularly see new lows. The indicator signals when this is happening, and when it isn't.
Included:
-Long and short signal cross entries
-Continuation long and shorts entries calculated by lagged same-signal cross-ups and cross-downs
This is an exact clone of the "Aroon" for MT4 indicator
NYSE New Highs vs New LowsNYSE New Highs vs New Lows is a simple market breadth indicator that compares HIGN, the number of new highs during that day, and LOWN, the number of new lows. The new highs are on top and lows are appropriately on bottom. Without averaging, it's a little chaotic so you can smooth them out as much as you want, and the top-right label shows how much you're smoothing.
Interpretation:
Essentially, we use $SPY or $QQQ as a proxy for what's going on in the market, but because the FAANG stocks are so heavily weighted, it's not always representative. If SPY is flat/down, but there are 200 new highs today, then one of the big boys is weighing down an otherwise very bullish market. It's like looking at one of those heatmap charts, but in a single number.
Bullish Trend
- Lots of new highs
- Very few new lows
Bearish Trend
- Lots of new lows
- Very few new highs
Potential Reversal
- Too high, 250+
- Too low, 150+
Lowest / Highest From WidgetRecent events inspired me to create a small widget that allows you to spot from when current value is lowest / highest.
Just add it to chart and script will compute most recent day when price was higher / lower than current and it will display:
Line coming from that value to the current one
A table with previous low/high information
Thanks to @MUQWISHI to help me coding it.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
[TTI] Stage 2 Signal & NetNewHighs vs NetNewLowsHISTORY AND CREDITS –––––––––––––––––––––––––––––––––––––––––––––––––––––––
Stage 2 is part of Mark Minervini's NON-NEGOTIABLE criteria. What does this mean? Well it means that Mark does not enter a trade that is not in Stage 2. Stage analysis is the work of Stan Weinstein who divides stock price movements in 4 stages (Stage1, Stage2, Stage3 and Stage4). Additionally, the second part of the indicator, NetNewHighs (NNH) vs NetNewLows (NNL), has been used by many traders, most recently I have seen Matt Caruso use it in his methodology.
WHAT IT DOES ––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
1️⃣ Stage 2 Signal
This method uses price, moving averages, volume in order to asses when it is the best time to get in a trade.
👉 Stage 1 - stock goes sideways and does not make any price progress
👉 Stage 2 - stock gains a lot of value and is trending up. It shows strong support from institutions
👉 Stage 3 - stock goes in a sideways action again
👉 Stage 4 - stock loses a lot of it gain in a short amount of time
Stage 2 is shown by the AQUA/CYAN color on the first line of the indicator.🟦
2️⃣ Net New Highs vs Net New Lows
This assess the general market health. It looks at the ration of New Highs vs New Lows. The indicator assess when there has been 3 consecutive days of Net New Highs > Net New Lows, this show that the general market is moving up as more stocks are advancing than those that are declining. As per Investor Business Daily research the stocks move is determined 50% by the move of the general market, 25% by the move of the sector it is in and 25% by the stock itself. Therefore, the indicator helps assess and analyze the 50% of the general marekt.
When the condition of 3consecutive days is met the indicator prints green square on the bottom line 🟩.. The sensitivity (i.e. the 3 day can be changed in the settings).
HOW TO USE IT –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
1️⃣ Stage 2 Signal
Only enter trades when they are in a Stage 2. This drastically increases the probability of success when trading to the long side. Look for AQUA/CYAN squares print before entering a trade
2️⃣ Net New Highs vs Net New Lows
Look for confirmation criteria indicated by a printing of green squares in the bottom of the indicator.
Session LevelsThis indicator plots important session (intraday) levels for the day. It plots high and low of previous day, week, month, 52 week and all time. Also plots the vix range which shows the daily expected trading range of the instrument. These levels acts as important support/resistance for the day.
For example, if price closes above previous day, week, or month high/low it indicates bullish sentiment and vice versa for bearish.
Vix Range plots top, center, bottom line for expected trading range for the day. It is calculated based on the volatility index selected (NSE:India VIX is used by default).
MicroStrategy MetricsA script showing all the key MSTR metrics. I will update the script every time degen Saylor sells some more office furniture to buy BTC.
All based around valuing MSTR, aside from its BTC holdings. I.e. the true market cap = enterprise value - BTC holdings. Hence, you're left with the value of the software business + any premium/discount decided by investors.
From this we can derive:
- BTC Holdings % of enterprise value
- Correlation to BTC (in this case we use CME futures...may change this)
- Equivalent Share Price (true market cap divided by shares outstanding)
- P/E Ratio (equivalent share price divided by quarterly EPS estimates x 4)
- Price to FCF Ratio (true market cap divided by FCF (ttm))
- Price to Revenue (^ but with total revenue (ttm))
Trend OptimizerWhat is this?
This horizontal trend color and vertical trend bar is a trend identification to optimize your positioning in the market. Colors helps you to understand the trend easily, spontaneously.
The indicators & Strategies?
1. A horizontal trend color which represents the medium term trend. The color change is based on the price position towards moving average. We exclude the moving averaged from chart area so the chart area will be clean and you'll have an easier interpretation. This trend color helps you to understand the major trend as simple as you see navigation maps in your smartphone. When the trend color changed from the long red into white, then green, then blue, it indicates a bottom reversal. This module will work best with out other module: Trend Optimizer Module and Momentum line Module.
2. A vertical trend bar represents long term trend. Bars that above the axis is an uptrend bar. If it occurs, the long term bullish trend is exists. Bars below the axis is a downtrend bar. If it occurs, the long term bearish trend is exists. If there is no bars (empty), means the long term trend is weakened but the trend still as same as the last bars occurrence.
Benefit for you:
You'll have a guidance the existing trend and the trend progress from time to time.
If you combine this script with our other two module: Profit Trader module & Momentum Line Module, You'll have a complete template to analyze both trend and swing strategies.
Trending Bar SRTrending Bar SR is a simple script define a Bar called "Trending Bar".
Depend on direction of Trending Bar, if Trending Bar is UpTrend then this indicator plot Bar's Low Price as Support and if Trending Bar is DownTrend then it plot Bar's High Price as Resistance.
Beside, this indicaor also plot 4 levels retracement of Trending Bar for trading.
1. Define Trending Bar
1.1 Uptrend Bar
+ Close Price higher than previous High Price
+ Body greater than sum of shadows (up and down)
+ Color: A green dot is plotted at bottom chart.
1.2 Downtrend Bar
+ Close Price lower than previous Low Price
+ Body greater than sum of shadows (up and down)
+ Color: A red dot is plotted at bottom chart.
2. Retracement Level
+ Trending Bar Retracement 0.5 is called Equerium.
+ Trending Bar Retracement 0.618 is called Perfect Entry.
+ Trending Bar Retracement 0.705 is called Optimal Entry.
+ Trending Bar Retracement 0.79 is called Max Entry.
3. Trading
+ When Price crossed Equerium, consider open position at Perfect Entry, Optimal Entry with stoploss place at Max Entry.
+ If place order at Max Entry, stoploss can place at Support or Resistance.
