Hello Traders, Here Double Zig Zag with HHLL script is with you. it calculates 2 Zig Zag simultaneously and draws them, and also it calculates and puts Higher High, Lower Low, Higher Low, Lower High labels. All these are done dynamically, it means last HH/HL/LL/LH can change. if price continues to go up then HL can turn to LL or if price continues to go down...
This is a conceptual indicator that converts the main chart series' quote currency from U.S. dollar to Turkish Lira. Should only be used with USD pairs unless you change the 'Pair' input. Divergences are created by the difference in price due to the incredible changes in TRY value. The candle colors turn to grey when the forex exchange is closed; this is done to...
Hello Traders This script finds Tops when RSI is in overbought area or Bottoms when RSI is in oversold area and checks the divergence between them. it checks divergence at tops/bottoms after RSI exited from OB/OS areas. You can change overbought / oversold levels. You can limit the time that RSI is in OB/OS area with the option "Max Number of Bars in OB/OS" you...
This indicator adds to the functionality of Tr0sT's Zig Zag High Low Indicator by adding the RSI value above the higher-high to eyeball whether the current trend (signified by consecutive higher-highs and higher lows or consecutive lower highs and lower lows) is strengthening or weakening. THEORY / METHODOLOGY: If the uptrend is strong, the later pivot high...
Shows Bullish and Bearish AB=CD Harmonic Patterns with Pivot High, Pivot Low and Pivot Line
This is a simple end of the day indicator based on open and close values. Angles: Identifying narrow angles helps to find breakouts Maximum angle = High chance of reversal Minimum angle = Chance of breakouts on the next day or upcoming days. Price Flow: I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using...
This is a simple end of the day indicator based on open and close values. Angles: Identifying narrow angles helps to find breakouts Maximum angle = High chance of reversal Minimum angle = Chance of breakouts on the next day or upcoming days. Price Flow: I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using...
Hello Traders! This is the script that finds Consolidation Zones in Realtime. How it works? - The script finds highest/lowest bars by using "Loopback Period" - Then it calculates direction - By using the direction and highest/lowest bar info it calculates consolidation zones in realtime - If the length of consolidation area is equal/greater than user-defined...
Function: labelling recent highs and lows automatically. Easy and clean. In this example, we can see the previous low of the ticker is around 105.5, the previous high is around 120. We can set up our entries and exits by referring to the last lows and highs. Users can adjust the searching bar range by themselves.
The 2nd version of this indicator came quick :) As the previous one, it draws swings on the candlesticks, based on price action and RSI. Also in the labels you can see if the current swing is higher or lower to the previous one. HH stands for Higher High LL stands for Lower Low LH means Lower High HL means Higher low THIS IS NOT A STRATEGY, this is for TREND...
This indicator draws swings on the chart based on the RSI configured within. The swings are drawn from Overbought to Oversold or vice-versa. Logic: From Overbought to Oversold, a line is drawn from the highest price before oversold to the lowest price of the oversold. The labels can be deactivated from the style menu, it was easier for me to implement this way...
Zig Zag script that uses local minimums and maximums as pivot points. It can be used as a source for pattern recognition.
A simple way to find Higher Highs and Lower Lows (HH and LL) whit automatic Fibonacci Lines in the most common levels. In this indicator the Higher Highs only happens when a high value are rising from each other in the last "Length of Real Pivots" highs and the next same number of highs are falling in every single bar. The Lower Lows are inverted, LL only...
Hello Everyone! This is my new trend lines script (after beta version that was published almost one year ago) The idea is to find Pivot Highs (PH) and Pivot Lows(PL) first. Then, If current PH is smaller then previous PH (means no new higher high and possible downtrend) then draw trend line using them. and also it checks previous trend line (if exits) and if...
This is "Harmonic Patterns", part 2 Open Source (in 2 parts, otherwise many lines are gone because the script is too large): - Crab - Bat (+ Alt) - Butterfly - Shark A "Pattern" is created by checking 5 consecutive ( pivot ) points, starting with X, A, B, C, and ending with point D. At point D all 5 points are compared, calculated and...
I just put this as one user ask for me to do it. So it the zigzag++ and fibs ,and other pivots type the fibs can daily , monthly , year the info panel need to be adjusted by either offset =distance from or by putting a number , here its btc so I put about 500 above from close =8500 this important as otherwise it will look messy and not pretty so for each type...
THIS CODE IS BASED FROM THE MT4 ZIGZAG INDICATOR THE ZIGZAG SETTINGS FOR THE MAIN ONE ON TRADINGVIEW DO NOT WORK THE SAME AS MT4 I HOPE U LOVE IT I have had tons of experience on the ZIGZAG indicator and thought this might help someone. Enjoy this code. Zigzag is a good indicator in many ways and people underestimate it because of its repainting Check out...