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 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...
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.
Making lines is great in technical analysis since it can highlights principal movements and make the analysis of the price easier when using certain methodologies (Elliott Waves, patterns).
However most of the indicators making lines (Zig-Zag, simple linear regression) are non causal (repaint), this is the challenge i tried to overcome, making an...
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",...
Pretty weird and experimental fibonacci ribbon overlay, for visual use and fun only at the moment. Will update the script if i think of any other ways to use it, ideas welcome.
Meant for use with Heikin Ashi candles.
Trang web này sử dụng cookie để đảm bảo bạn có được trải nghiệm tốt nhất trên trang web của chúng tôi. Để tìm hiểu thêm về cookie, bao gồm cách kiểm soát cookie, vui lòng đọc Chính sách cookie của chúng tôi.