[_ParkF]Linreg & Trendlines* The script has been uploaded again.
Linear regression and trendline not only facilitate trend identification,
but also identify support and resistance within it,
and linear regression and trendline departure can detect trend changes, which are useful in trading.
Linear regression and trend lines are shown in the chart.
It offers a variety of options, length, color, thickness, on/off switch, etc.
I hope it will help you with your trading.
hope you become rich!
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* 스크립트가 다시 업로드 되었습니다.
선형 회귀(채널) 및 추세선은 추세 식별을 용이하게 할 뿐만 아니라,
또한 그 안에서 지지와 저항을 식별하고,
선형 회귀(채널) 및 추세선 이탈은 거래에 유용한 추세 변화를 감지할 수 있습니다.
선형 회귀(채널) 및 추세선이 차트에 표시됩니다.
길이, 색상, 두께, 온/오프 스위치 등 다양한 옵션을 제공합니다.
거래에 도움이 되셨으면 합니다.
부자되세요!
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* I would like to express my gratitude to zdmre for revealing the linear regression source.
Wsparcie i Opór
Settlement priceThis script is meant to be used intraday, on futures products.
It charts the previous day/week/month settlement price as a constant level intraday.
The settlement price of a product is calculated by the exchange at the end of each day. It is shown in the D/W/M chart as the close price. The settlement price does not coincide with the last close price intraday, thus creating the need of a script like this.
The settlement price can be a pivotal price in intraday futures trading, as it can act as support or resistance
You can select the resolution of the settlement by the "Resolution" input
[_ParkF]MFI+Added the Moneyflow Index indicator.
Divergence signals and diversion lines are drawn.
Support and resistance were also confirmed when linear regression and trend lines were used for the Moneyflow Index.
Two linear regression and two trend lines are drawn.
Because the two linear regression values are different, you can see the support and resistance of long-term and short-term linear regression.
Since the periodic values of the two trend lines are also different, support and resistance that could not be identified in linear regression can be identified.
Each linear regression line and trend line can be turned on or off.
In addition, each linear regression line and trend line can arbitrarily modify period values and deviation values.
I hope it will help you trade.
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머니플로우인덱스 지표를 추가하였습니다.
다이버전스 신호와 다이버전스 라인이 그려집니다.
머니플로우인덱스에도 선형회귀와 추세선을 이용했을 때 지지와 저항이 확인이 되었습니다.
2개의 선형회귀와 2개의 추세선이 그려지고
두 선형 회귀 값은 서로 다르기 때문에 장기 및 단기 선형 회귀의 지지 및 저항을 확인할 수 있습니다.
두 추세선의 주기 값도 다르므로 선형 회귀 분석에서 확인할 수 없었던 지지 및 저항을 확인할 수 있습니다.
각 선형 회귀선 및 추세선은 켜거나 끌 수 있습니다.
또한 각 선형 회귀선 및 추세선은 주기 값과 편차 값을 임의로 수정할 수 있습니다.
당신의 트레이딩에 도움이 되었으면 합니다.
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* I would like to express my gratitude to zdmre for revealing the linear regression source.
* I would like to express my gratitude to aaahopper for revealing the trendlines source.
[_ParkF]RSI+RSI ----- UPGRADE ----> RSI+
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The RSI index has been upgraded.
The display function of RSI Candle, RSI Line, Divergence, and Divergence Line, which were previous functions, has been maintained.
As an upgrade, two linear regression and two trend lines are drawn.
Since the two linear regression values are different, support and resistance of long-term and short-term linear regression can be confirmed.
The two trend lines also have different period values, so it is possible to check support and resistance that could not be confirmed in linear regression.
Each linear regression and trend line can be turned on and off.
In addition, each linear regression and trend line can arbitrarily modify period values and deviation values.
Log charts and linear chart switches have been added to the trend line.
I hope it will help you with your trading.
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RSI 인덱스가 업그레이드되었습니다.
기존 기능이었던 캔들, 라인, 다이버전스, 다이버전스 라인의 디스플레이 기능은 그대로 유지됐다.
업그레이드로 두 개의 선형 회귀 분석과 두 개의 추세선이 그려집니다.
두 선형 회귀 값은 서로 다르기 때문에 장기 및 단기 선형 회귀의 지지 및 저항을 확인할 수 있습니다.
두 추세선의 주기 값도 다르므로 선형 회귀 분석에서 확인할 수 없었던 지지 및 저항을 확인할 수 있습니다.
각 선형 회귀선 및 추세선은 켜거나 끌 수 있습니다.
또한 각 선형 회귀선 및 추세선은 주기 값과 편차 값을 임의로 수정할 수 있습니다.
로그 차트 및 선형 차트 스위치가 추세선에 추가되었습니다.
당신의 트레이딩에 도움이 되었으면 합니다.
* I would like to express my gratitude to zdmre for revealing the linear regression source.
* I would like to express my gratitude to aaahopper for revealing the trendlines source.
T3 Super GuppyA Tillson T3 moving average implemented variation of the CM Super Guppy indicator by @FritzMurphy
The T3 moving average was developed by Tom Tilson which combines multiple EMAs into a single moving average. it is smoother and more responsive compared to traditional moving averages. The disadvantage is that it can overshoot price.
█ Description
T3 Super Guppy consists of 20 T3 moving averages:
• 7 fast T3 MAs
• 13 slow T3 MAs
Visuals:
• Compact view available for chart minimalists
• In compact view only 10 of the fastest T3 moving averages will be displayed
• Compact view will not affect how the colour scales with trend movement
• Ribbon transparency will automatically scale based on the display mode chosen
Colour Gradient
• The more T3 MAs that cross above or below their slower counterparts will result in how deep the chosen upTrend(Blue) or downTrend(Red) colour is displayed
• Helps to spot weakening trends or reversal signals when indicator colour starts converging into the opposite colour
• Single colour mode is available if you find the colour gradient distracting
█ Credits
@ChrisMoody original guppy idea:
@FritzMurphy super guppy format:
█ Examples
compact view:
full view:
[_ParkF]FractalTop gray line is the fractal resistance.
Bottom gray line is the fractal support.
Central red line is the average of the top&bottom fractal.
Fractals can be displayed as support and resistance, and the red fractal average line indicates a trend.
상단 회색선은 프랙탈 저항,
하단 회색선은 프랙탈 지지,
중앙 빨간선은 프랙탈 상,하단의 평균,
프랙탈은 지지와 저항으로 표시되고 빨간색 프랙탈 평균선은 추세입니다.
it is a simple Ma cross alert. We can set any ma period.Simple alert for 20MA cross. We can set any ma period.
it plots the crossing candle. This script is purely testing purpose.
Multi-TimeFrame Extremum Points Support/ResistanceIntroduction
This is my newest Support/Resistance indicator based on the idea of my previous script which had been featured in Editors' Picks .
Everyone seems to have their own idea of how you should measure support and resistance levels. This code finds the exact highest and lowest price points (Extrema) on the chart and then draws the support and resistance levels on them.
In my opinion, the advantage of this method is that the most powerful resistance/support levels which usually cover the supply/demand areas would be formed on these extremum points, as the following facts state.
Facts
1. Support and resistance levels are one of the key concepts used by technical analysts and form the basis of a wide variety of technical analysis tools. Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend.
2. Supply and demand zones are natural support and resistance levels and a popular analysis technique used in day trading. The zones are the periods of sideways price action that come before explosive price moves. A supply zone forms before a downtrend and a demand zone forms before an uptrend. When the price leaves the supply/demand zone and starts trending, the strong imbalance between buyers and sellers leads to strong and explosive price movements.
3. Based on Dow Theory, trends persist until a clear reversal occurs. A reversal is a change in the price direction of an asset. Reversals typically refer to large price changes, where the trend changes direction.
Challenges
The most challenging part in implementing a S/R indicator which draws all the levels on the chart is the problem of congestion!
But we should notice two other facts:
1. The more times the price tests a support or resistance area, the more significant the level becomes.
2. A previous support level will sometimes become a resistance level when the price attempts to move back up, and conversely, a resistance level will become a support level as the price temporarily falls back.
So, I solved the problem using these two approaches:
Merging nearby levels and showing the role of the levels in colors and numbers
Avoiding many weaker levels by checking higher time frames
Settings and Usage
There are some options in the indicator settings as described below:
Calculations Time Frame: By changing the time frame, user could keep only the stronger S/R levels on the chart.
Level Colors: By default, lowest points (Supports) are green, highest points (Resistances) are red and merged levels are blue. Note that the transparency of the colors would be calculated automatically; The more opaque the color is, the stronger the level is!
Lines Style and Width: The style of the levels could be solid, dashed or dotted and user could also change the lines width in pixels.
Length of the lines: This option is based on the count of bars, but user could simply choose to extend the levels
Merge Nearby Levels: The proximity of the levels would be calculated automatically based on ATR (Average True Range) and the default length of the formula could be changed.
Labels: Each level could have a label consisting the count of merged levels into one, the percentage of merged supports/resistances and the price of the level. Note that if user choose to see the percentage of S/R roles, the color of each label changes automatically based on the main role of corresponding merged level (e.g., a blue level with a red label means that the level more acted as resistance).
I think the users of my previous S/R indicators could check this one
That's it for now! Feel free to send me your thoughts!
TRADING MADE SIMPLEThis indicator shows market structure. The standard method of using Williams Highs and Lows as pivots, is something of an approximation.
What's original here is that we follow rules to confirm Local Highs and Local Lows, and strictly enforce that a Low can only follow a confirmed High and vice-versa.
-- Highs and Lows
To confirm a candle as a Local High, you need a later candle to Close below its Low. To confirm a Local Low, you need a Close above its High.
A Low can only follow a High (after it's been confirmed). You can't go e.g High, High, Low, Low, only High, Low, High, Low.
When price makes Higher Highs and Higher Lows, market structure is said to be bullish. When price makes Lower Lows and Lower Highs, it's bearish.
I've defined the in-between Highs and Lows as "Ranging", meaning, neutral. They could be trend continuation or reversal.
-- Bullish/Bearish Breaks
A Bullish break in market structure is when the Close of the current candle goes higher than the previous confirmed Local High.
A Bearish Break is when the Close of the current candle goes lower than the most recent confirmed Local Low.
I chose to use Close rather than High to reduce edge case weirdness. The breaking candle often ends up being a big one, thus the close of that candle can be a poor entry.
You can get live warnings by setting the alert to Options: Only Once, because during a candle, the current price is taken as the Close.
Breaks are like early warnings of a change in market bias, because you're not waiting for a High or Low to be formed and confirmed.
Buy The Dip / Sell The Rally
Buy The Dip is a label I gave to the first Higher Low in a bullish market structure. Sell The Rally is the first Lower High in a bearish market structure.
These *might* be good buying/selling opportunities, but you still need to do your own analysis to confirm that.
== USAGE ==
The point of knowing market structure is so you don't make bullish bets in a bearish market and vice versa -
or if you do at least you're aware that that's what you're doing, and hopefully have some overwhelmingly good reason to do so.
These are not signals to be traded on their own. You still need a trade thesis. Use with support & resistance and your other favourite indicators.
Works on any market on any timeframe. Be aware that market structure will be different on different timeframes.
IMPORTANT: If you're not seeing what you expect, check your settings and re-read this entire description carefully. Confirming Highs and Lows can get deceptively complex.
BB Order BlocksUsing the Bollinger Band to mark areas of Support and Resistance
The scrip finds the highest and lowest levels of the bands to mark up futures areas of interest.
If the High/Lows are being broken on the Bollinger band, or if the look back range has expired without finding new levels, the script will stop plotting them until new levels are found
I have found many combinations which work well
Changing the band length to to levels 20,50,100 or 200 seem to give interesting results
Aswell as this changing the standard deviation to 3 instead of 2 marks up key levels.
The look back range seems to show better levels on 50,100 and 200
Let me know any changes or updates you think you could make an impact , this was just a quick basic script I wanted to share.
[BA] ATR Stop LineThis indicator helps you to set your stoploss levels by using ATR. Traders often use atr values in order to calculate their stoploss levels.
This indicator does the calculation for you and draw two tiny lines without messing up the chart so that you can easily see your stoploss levels and get an idea about the volatility and risk amount as well.
One line is below the last candle as a long trade stop loss level and the other one is above the last candle as a short trade stop loss level.
Calculation is simple:
For short trades, 2 times ATR added to last price;
For long trades, 2 times ATR subtracted from last price.
You can change ATR length, ATR multiplier and the line length.
Good luck.
Zig Zag(auto Horizon lines)A guy who automatically draws a horizon from the top of the zigzag
*Gray horizon may be repainted
The horizon of the characteristic price in the past reacts well, so it is used for contrarian
ジグザクの頂点から、自動で水平線を引く奴です
※灰色の水平線はリペイントする可能性があります
過去の特徴的な価格の水平線はよく反応するので、逆張りするとかが用途です
Volume Profile and Volume Indicator by DGTVolume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels.
The histogram is used by traders to predict areas of support and resistance. Price levels where the traded volume is high could be assumed as support and resistance levels.
Price may experience difficulty moving above or below areas with large bars. Usually there is a great deal of activity on both the buy and sell side and the market stays at that price level for a great deal of time
It is advised to use volume profile in conjunction with other forms of technical analysis to maximize the odds of success
Light version of Volume Profile is added to Price Action - Support & Resistance by DGT
first hour high and low by akash mauryaThis indicator marks the first hour's high and low with a line with the percentage of range height.
First hour high and low generally act as heavy support and resistance or say major key areas in daily intraday charts.
You can adjust the settings if you want to see previous days' hour range lines or not.
This indicator will automatically create hour-range lines after an hour of market opening.
Bitcoin Inflation-Adjusted Support and Resistance5year breakeven inflation rate fitted for log BTC chart as Support and Resistance
Previous N Days/Weeks/Months High LowJapanese below / 日本語説明は下記
This indicator displays previous N days/weeks/months’ highs and lows simultaneously.
N is user input and users can separately input different N for highs and lows.
For instance, if you would like to show past 20days high and 10days low, you specify 20 for high and 10 for low.
Similar to highs and lows of yesterday, last week and last month which I previously developed a indicator for(see the link below), highs and lows of specific terms such as quarters are also respected as supports and resistances.
A legendary trader group, Turtles also uses 20days high/low break as one of their strategies.
Alerts can be set with the conditions below.
-Crossing over previous day’s high
-Crossing under previous day’s low
-Crossing over previous week’s high
-Crossing under previous week’s low
-Crossing over previous month’s high
-Crossing under previous month’s low
Please note that when we say past 2 days in this indicator, past 2days mean yesterday and day before yesterday, so “today” is not included as “today’s” high/low have yet to be fixed.
Related indicator: High/Low Yesterday&Last week&Last month&Last Year
By combining with this indicator, you can highlight important support and resistance.
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過去N日/N週間/Nヶ月の高値·安値を同時に表示することのできるインジケーターです。
Nはパラメーターとなっており、また高値と安値で異なる期間を指定することができます。
例えば、過去20日間の高値と過去10日間の安値という指定が可能です。
昨日、先週、先月の高値·安値と同様に、四半期などの過去一定期間の高値·安値はサポート·レジスタンスとして良く意識されます。
伝説のトレーダー集団タートルズも20日間の高値·安値のブレイクを取引ルールの一つとして使用していたことで有名です。
また、以下の条件でアラート設定が可能です。
-過去N日高値の上方ブレイク
-過去N日安値の下方ブレイク
-過去N週間高値の上方ブレイク
-過去N週間安値の下方ブレイク
-過去Nヶ月高値の上方ブレイク
-過去Nヶ月安値の下方ブレイク
このインジケーターで過去2日間の高値·安値といった場合、過去2日間とは昨日と一昨日の2日間を指します。まだ高値·安値の確定していない本日は含まないことに注意してください。
関連インジケーター: High/Low Yesterday&Last week&Last month&Last Year
当インジケーターと合わせて使用することで、主要なサポートレジスタンスを表示することができます。
RSI Supply / Demand ZonesLines plotted for the Low and High of the region of price that was Overbought or Oversold
(Low of the candle that became overbought and highest high in the Overbought period)
(High of the candle that became oversold and highest high in the Oversold period)
I like to use the dotted lines as pivot points for the reversal of the trend, and also pay attention to small tops and bottoms (normal lines) that form in strong trends, as they usually make for brief periods of acummulation/distribution before the continuation of the strong trend.
Resistance cardThis is very simple resistance card that you can make. It is recommended to be used on Daily time frame.
How to Use:
If you want to find Resistance levels (above current price), Get the pivot Low value and input in indicator settings. As you are using Low select "Low" in indicator settings, this will draw resistance lines.
If you want to find Support levels (Below current price), Get the pivot High value and input in indicator settings. As you are using Low select "High" in indicator settings, this will draw Support lines.
Elliot wave : Wave 3 finder This indicator built for find wave 3 of elliot wave and It also calculate risk reward ratio, minimum target for wave 3 extention and stop loss.
------------ How to use -------------
1. Add this indicator on your chart.
2. If you asset are follow Condition*, buy label with risk reward ratio, Target price and Stop loss will pop up.
*Condition
-50% rebound from the end of wave 2.
-Indicator can detect wave 0, 1 and 2.
If you find any problem please leave comment.
World Markets Open/Close BackgroundIndicator fills background color on the chart for different markets around the world.
This can be helpful in some markets to understand after hours and premarket price action. User can study if there is correlation between highs/low in whole session or open/close of different markets.
Tokyo, Hong Kong and Shanghai are Asian Markets in Red are combined
Bombay, London and NYSE are individually plotted.
Times can be changed for each session to include the entire session, or selected block of 15 minutes.
Less than 15 minutes will need to be changed in the default value of the code which is why I'm publishing it open source.
All coded default times for each market are in CST.
Background color can be turned off individually under the Style tab, and can also be unchecked under Inputs and can just be used for source for further coding.
My intentions for this script is to use it and its variable value to plot the highs and lows just in the specific times in a session and to more easily visualize those sessions with color coding.
I hope this is useful
Cheers!
Support & Ressistance by @kaleboraciy [REUPLOAD]█ OVERVIEW
Support & Resistance levels are important in trading as we all know.
█ WARNING
This version is beta, maybe sometimes it will plot wrong levels, but i will try to to eliminate these issues. And please note, that you should find your own ideal settings for every ticker you use.
█ FEATURES
This is the first script in Pine Community which plots levels using the last two points/ pivots /fractals.
It also stops plotting levels when there is a breakout on the particular level.
█ SETTINGS
1. Pivot Points Length - defines pivot points length. Using to find points where market is reversed. If you set lower value, there will be more points but less useful. As I said you should find your optimal parameters.
2. Inaccuracy in % - defines maximal possible inaccuracy between 2 pivot points .
3. Linewidth - width of line(level)
4. Start Calculations from - if you use low timeframe (1m - 30m) there are a lot of calculations, and PineScript can't process it. This parameter defines start date of calculations and now there are less data and Pine can process it better.
█ HOW IT WORKS
When a new pivot appears, it draws invisible line starting in this pivot . when the second pivots gets created, it checks all lines in array. When inaccuracy is smaller than defined, the line becomes visible.
If price breaks trough the pivots , the lines stop and a new cycle begins.
I hope that this script will be helpful in your trading🙂
Williams Alligator Trend FilterI've edited the normal Bill Williams Alligator indicator to have a color fill that indicates the trend. There is a percentage range filter which checks if the 2 outer lines are enough far away from eachother to indicate a trend. The indicator also checks if the lines are below or above eachother in the right order as a last check to confirm Trend
