In this indicator, you can simply get the automatic support and resistance line. With this indication of High and Low by H and L with blue line support and resistance. The second part is the swing trading setup. Green line means the upside continue with BUY signal. Yellow Line means a Trend reversal No Trading Zone & wait for the signal. Red line...
Standard Traditional Pivot Points are calculated from the previous day (or another period) close/low/high. But what is the day close for cryptocurrencies trading 24/7 on exchange? Does it make sense to use a specific time price as a close if it continue trading after that? So I decided to solve that issue with Rolling Traditional Pivot Points where I calculate...
A 3-in-1 indicator for displaying Fibonacci retracement and pivot levels over custom periods along with areas of previous major support. Each of the three tools can be toggled on/off. Used properly, these should give you a better idea of where to place orders and take profit. Alerts are built in but had to remain somewhat generic due to data point limitations....
Here I'm proposing possibly the simplest and most relevant pivot style for intraday traders like me. It utilizes fundamentals of the average range and devises S/R around that. Pivot point in this is today's open (colored lime), which is far more relevant than yesterday's/past data based pivots. This is an attempt to reduce the influence of historical data as...
SCMB Multialerts is a tool for candle structure alert automation. The input screen allows you to input the timeframe, choose candle structure condition, toggle inverse condition, and toggle Heiken-Ashi for that candle structure trigger condition. Input the timeframe with the # first and use H - Hour, D - Day, W - Week, and M - Month after the number; example...
This a script that combines the conditions of MMMTREND and MMMBREAKOUT into one. This may work on all financial markets. If trend is green and breakout is green, it shows a green background color and when trend is red and breakout is red, it shows red background.
This is a simple indicator that finds trends in all financial exchange markets. The code is simple, It looks at the previous 50 bars( which can be changed to the number of bars you like) compared to the current bar. If the current bar is higher, it shows green background and if its lower it shows red background.
This is a simple script that alerts breakouts to either the upside or the downside. It is used for all financial exchange markets. The code simply finds the highest point or lowest in the last 30 bars(this can be changed to any number of pasted bars) and changes the background color to green if the high is broken to the upside or to red if the low is broken to the...
OANDA:GBPAUD This indicator includes all of the best indicators utilized for optimal trading. The indicator includes the following: - Fibonacci - MA Ribbon - SuperTrend - Buy & Sell Signals How to Use How to use this indicator depends on you as the trader, how to best utilize this objectively is to apply it as confluence to your analysis. - Buy/Sell...
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...
Trade4wealth Software-I DESCRIPTION: This Alert indicator utilizes the Heiken Ashi with non-lag MA was a scalping and intraday trading. The Heiken Ashi candles are great as price action trending indicator, they shows smooth strong and clear price fluctuations with price. The maximum & minimum movement of price capture by Pivot Lines. Financial Markets:...
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...
This is not a simple CPR, this includes much more than a simple CPR. Typically a price action based trader use some other support and resistance combined with CPR and I am trying to combine all of them in one single indicator. In the case of CPR this indicator supports only daily CPR but shows Weakly and Monthly pivot if you want on chart. Other than CPR, this...
This entry indicator was inspired by John Ehle'rs "Fractal Adaptive Moving Average" It's a very sensitive entry indicator that must be paired with a long-term trend detector in order to filter false positives. Warning I have not backtested this indicator and will not make any claims to its performance. Visually, it looks promising, however, backtesting and...