THIS strategy is based on the franklin ochao swing trade book confirmed bullish - when ever stock closed above R2 (more bullish) when ever stock closed between R1 AND R2 (moderatly bullish or consolidation phase with respect to previous trend) entry1 for more bullish trend is buy at every dips means when ever price low below pivot when it open above the pivot...
We use fibonacci in many things, why not the Pivot? Hey, it does works, price does reacts to the fibonacci off the pivot. Pivots are road map for the price, fibonacci are just some stops or gas stations appear on the road, with these additional lines, there's more time for price to think about which way it'd move, therefore, more time for us traders to track...
Hello Traders, With the info "Trend is Your Friend ", you should not take position against the trend. This script checks multipte moving averages if they are above/below the closing price and try to find trend. The moving averages with the length 8, 13, 21, 34, 55, 89, 144, 233, 377 used. these are fibonacci numbers, but optionally you can change the lengths...
This is an advanced level sessions indicator. Not so much an indicator, more of an auto way of plotting levels rather than drawing levels by hand every day. It maps out the London and New York Sessions. It also maps out the closing time and price for future reference. Daily high and low of the past few days are laid out. Each setting can be turned on and off...
Script has Current day Pivot Point with Central Pivot Range,vwap and Average to Determine Trend , and a day Back Projection of Fibonacci. Its Very easy to see the Support and Resistance and even can set your Target based on that .. i will clean it more after that and Update same .. Thank You If any one has any Modification to do its Code is open to Use.
Auto Fibonacci levels using the current day's high and low
Simple Fibonacci Retracement is a free and easy to use script to plot Fibonacci levels, for any assets like Stocks, Forex, Commodities , Cryptocurrencies etc. on any time frame chart. Fibonacci Levels can be plotted using Lookback or manual Price input from the settings. 1. Lookback type - Candles Determines the High and Low price of the user input number...
I worked with pivot script which I believe was created by @HPotter but somehow, I can't look it up. This script fixes one issue I have with several pivot points script I had honour to see. When the new day starts, sometimes, there is a line connecting old pivot points and new ones. I managed to remove it. Compared to the script I worked with, I converted the...
This is the Indicator which will enhance finding Buying and Selling opportunity on any market. Mostly suited for day Trading and some indicator can be used for signalling stock on longer time frame. Indicators used to create this strategy is as follows: - Exponential Moving Average (EMA) - Supertrend - Volume Weighted Average Price (VWAP) - Exponential...
Exponential VWAP version of my original VWAP pivots here
Take a trade based on yesterdays High, Low, Close
This script provides the user with a label containing the high and low pivot points from a period defined by the user.
A pivot point strategy for Indian Intraday users
Lately, there are a plethora of Pivot scripts on TV, I'll be adding one more :3 This is a combination that I use for my personal use so I've coded accordingly. Its the best combination of the regular pivot, woodie pivot, fib, and cams, in my humble opinion. Also added previous day high and low as those are the key levels for intraday traders. Also, this is a...
Pivot Reversal Study script, for generating Alerts and visual plotting of Pivot Reversal lines on the charts. Use a Strategy script (like Figs & Dates), for backtesting different settings on various time frames and charts.
These pivot points are used to create an expected range based on open and closing candle data. It's a mixture of two different types of pivots and together they form an expected range for various time frames. You can set them up from as little as 4 hours to 1 month. My personal favorites are 4 hour, 1 day, 1 week, and 1 month. The dashed lines create the pivot...
Added Fractals which establishes high and low based on Bill Williams definition. Added one type of Pinbar (where the open and close is near extreme of the range and with long shadow that is at least 80% of the range). It is a powerful reversal pattern especially on the daily charts. These bars are identified with the character P. Also included dots below...