This script will allow to automatically draw levels on the chart for a potential pullback play like shown in this snapshot here It will draw risk/reward levels upon your favorite ema (default is 13ema) as the price goes and it will work for both long or short scenarios for a potential trend continuation play. You got the option to align your level to match...
This script is really handy for day trading. This works best on low time frames like the 1 minute or the 5 minute . To understand what pivot points are you can add other pivot point indicators or just look at the color differences below since every-time that changes it's a new pivot point (which represents a known low or known high with high certainty) The...
Simple indicator showing the support and resistance on Daily, Weekly and Monthly time frames no matter what time frame you're currently on by highlighting the highest and lowest points on each over the last 34 bars. Daily support and resistance are coloured green. support and resistance are coloured yellow. Monthly support and resistance are coloured red. For...
Simple script that automatically plots support and resistance lines based on the pivot points of the number of candles you choose to look back upon. All options are editable.
Projected support and resistance levels based on Fibonacci percentages of price ranges.
The "Zero Line" is the calculated logarithmic regression of Bitcoin over the last decade. The rainbow above the Zero Line are the Fibonacci multiples from 0 --> 1 of the log regression (0.236, 0.382, etc.) The rainbow below the Zero Line is identical, except that the multiples are negative (-0.236, -0.382, etc.) For the first time ever, Bitcoin broke through the...
Hello Traders, I think you all know Donchian Channels. so I am not going to write about it. With this indicator I tried to create Donchian Trend Ribbon by using Donchian Channels. How it works ? - it calculates main trend direction by using the length that is user-defined. so you can change it as you wish - then it calculates trend direction for each 9 lower...
Simple script that plots the range between the previous day close and the current day open. This makes it easier to reference the gap up or gap down zone throughout the day.
This script uses the highs and lows of the candles (instead of the close) to make a "channel" to reference while scalping. Use the green lower line as a guide to go long and the red upper line as a guide to go short. You may use the lines as potential entry points and direction but you may want to consider exiting before the opposite colored line prints, as that...
A series of Fibonacci sequences using a variety of triggers to base highs and lows off. High and low look back length can be altered, fibs and fib extensions can be shown or hidden and the background can be filled or transparent.
Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line. Meanwhile, resistance zones arise due to selling interest when prices have increased.s their name implies, dynamic support and...
I have included the main support and resistance pivot point levels for the Fibonacci Pivot Points. I changed the bar colors to reflect buy and sell points so if a bar is green then that means to buy it and if it is red then sell it Let me know if you would like to see me do any other indicators!
I do not own the original indicators. This is just a combination of the two because of their nature to work in a similar way. Camarilla Pivots run on the basis of intraday range trading. Usually after daily open you look the fade whatever move happened before. by shorting R3/H3 levels or longing R3/L3. Targeting the other side of the range. This is the infamous...
This is an enhanced version of CPR by Anand with Configurable previous day high and low and option to configure breakout lines of 15 and 30 mins. Will be an useful tool for day traders who follows CPR tricks and breakouts.
Hello All, There are many types of SuperTrend around. Recently I thought about a Supertrend based on Pivot Points then I wrote "Pivot Point SuperTrend" script. It looks it has better performance on keeping you in the trend more. The idea is behind this script is finding pivot point, calculating average of them and like in supertrend creating higher/lower...
Simple script highlighting a vertical line on the last bar of the Day/ Week/ Month/ Hour/ H4/ minute etc. Helps maintain visibility of higher timeframes when on lower timeframes. Quickly identify end of period levels.
A very simple idea, a close (or high, low, ohlc4 or open) from a higher Time Frame will give future Support/Resistance area's In this example of BTC/USD we see: - Yearly close 2017 gave Resistance in June 2019 - Yearly close 2018 gave Support in March 2020 We are now pushing to the Resistance of Yearly close 2019... Since there is a limit for the amount of...