Open Close Cross Strategy // Real Back Test // Not goodI changed close series because, close series doing repaint.
I changed the near series with the previous open series .
but can use for sup and resistance
Open
Killzones / Daily Open / Weekly Open / Monthly Open by @bartbtcI've created an indicator that :
- Displays the previous day's, week's, month's open on the current period's price action.
- Displays a vertical bar at the daily open. (The first 30-60 minutes from the daily open is commonly where the high/low of the day is made)
- Displays London/NY opens as vertical bars (london close is an option, but I have disabled it by default. I have removed Asia as I believe it is not useful - deal with it!)
Features:
- Displays daily data/killzones only on timeframes lower than 60minutes (you can modify this in the settings as you wish)
- Displays weekly open only on timeframes lower than weekly
- Displays monthly open only on timeframes lower than monthly
Let me know on Twitter on @bartbtc if there's any issues or if you have any other features you think might be useful.
MWD_XO_OPENSCreated by TraderX0 & Stingray
Helps you plot the Monthly, Weekly, and Daily Opens quickly on your chart; Open the options menu to adjust colors and toggle time-frames(M/W/D) on/off.
Daily ATR CaveSimilar to the RSI Cave idea, this plots daily Average True Range values on lower timeframes, as well as the daily open level, which is show as a grey dotted line. Basically a simple way to visualise basic mean reversion stuff
Price Open/High/Low/CloseAnother indicator that shows Open, High, Low, Close on multiple timeframes.
It can be used to discover possible support/resistance areas on lower timeframes.
Other indicators may do the same thing but just added some custom timeframes
Yesterday Line: Lines at Yesterday's Open, Close, High, and Lowcreated by AutemOx
twitter: @joyrider5
reddit: /u/joyrider5
This creates lines at yesterdays open, close, high, and low. It is pretty amazing use of the timenow and dayofweek variables if I say so myself 8)
Opening-RangesThis indicator will give you expansion levels of the opening range ( I recommend/use 15 min opening range) to trade futures and stocks. There are two colors used, the Fuchsia(Magenta) colored dots are the opening range added and subtracted from opening price. The Aqua(Cyan) colored dots are the opening range stacked. Like blocks. They are both respected during the day. But not as much as longer time frame fib levels.
Market Hours PSTI modified following script for PST time users.
And also, it has only major 4 time zones (London/NewYork/Sydney/Tokyo), and supports 4H/1H/30M/15M/5M scales.
Gazzaahh~ TechFXC :-b
Previous Daily Open/High/Low/CloseThis indicator plots the previous day's open, high, low and close levels on the chart
Published by Luke (DisciplinedTrader.co.uk)
MTF Previous Open/Close/RangeThis indicator will simply plot on your chart the Daily/Weekly/Monthly previous candle levels.
The "Auto" mode will allow automatic adjustment of timeframe displayed according to your chart.
Otherwise you can select manually.
Indicator plots the open/close and colors the high-low range area in the background.
Hope this simple indicator will help you !
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Open/Close Vertical Line by WiscoDishOpen and close lines. I used a 4 minute timeframe, so the open price goes on 08:28-08:32 central time for the 8:30 open. You can change those times if you want, just copy/paste the script and edit.
Open Close Cross Alert R6 by JustUncleLThis revision of this indicator is an Open Public release. The indicator alert based on JayRogers "Open Close Cross Strategy R2" and is used in conjunction with the revised "Open Close Cross Strategy R5".
Description:
This indicator alert created for TradingView alarm sub-system (via the alertcondition() function, which currently does not work in a "Strategy" script). Also this indicator plots the Difference Factor between the Close and Open Moving Averages, this gives a good indication of strength of move. Also included in this release is optional Divergence finder with variable width channel.
Open Close Cross Strategy R5 revised by JustUncleLThis revision is an open Public release, with just some minor changes. It is a revision of the Strategy "Open Close Cross Strategy R2" originally published by @JayRogers.
*** USE AT YOUR OWN RISK ***
JayRogers : "There are drawing/painting issues in pinescript when working across resolutions/timeframes that I simply cannot fix here.. I will not be putting any further effort into developing this until such a time when workarounds become available."
NOTE: Re-painting has not been observed with the default set up, nor with Alternate resolution multiplier up to 5.
Description:
Strategy based around Open-Close Moving Average Crossovers optionally from a higher time frame.
Setup:
I have generally found that setting the strategy resolution to 3-5x that of the chart you are viewing tends to yield the best results, regardless of which MA option you may choose (if any) BUT can cause a lot of false positives - be aware of this. JustUncleL: using one of the Smoothed MA helps reduce false positives.
Don't aim for perfection. Just aim to get a reasonably snug fit with the O-C band, with good runs of green and red. JustUncleL: using SMMA (8 to 10) gives a good fit.
Option to either use basic open and close series data, or pick your poison with a wide array of MA types.
Optional Stop Loss and Target Profit for damage mitigation if desired (can be toggled on/off)
Positions get taken automatically following a crossover - which is why it's better to set the resolution of the script greater than that of your chart, so that the trades get taken sooner rather than later.
If you make use of the stops/target profit, be sure to take your time tweaking the values. Cutting it too fine will cost you profits but keep you safer, while letting them loose could lead to more draw down than you can handle.
Revsion R5 Changes by JustUncleL
Corrected cross over calculations, sometimes gave false signals.
Corrected Alternate Time calculation to allow for Daily,Weekly and Monthly charts.
Open Public release.
Revision R4 By JustUncleL
Change the way the Alternate resolution in selected, use a Multiplier of the base Time Frame instead, this makes it easy to switch between base time frames.
Added TMA and SSMA moving average options. But DEMA is still giving the best results.
Using "calc_on_every_tick=false" ensures results between back testing and real time are similar.
Added Option to Disable the coloring of the bars.
Updated default settings.
R3 Changes by JustUncleL:
Returned a simplified version of the open/close channel, it shows strength of current trend.
Added Target Profit Option.
Added option to reduce the number of historical bars, overcomes the too many trades limit error.
Simplified the strategy code.
Removed Trailing Stop option, not required and in my option does not work well in Trading View, it also gives false and unrealistic performance results in back testing.
R2 Changes by @JayRogers:
Simplified and cleaned up plotting, now just shows a Moving Average derived from the average of open/close.
Tried very hard to alleviate painting issues caused by referencing alternate resolution.
Pivots Daily Weekly Monthly YearlyDaily, Weekly, Monthly and yearly pivot lines
Just the pivot lines without the support and resistance lines
[RS]Open Range Breakout V3Request for DCC/coondawg71
added support for using session.
theres a issue with the session it needs to have the format inverted:
(start-end) to (end-start)
'0000-1500' to '1500-0000'
[RS]Temporal Median Price V0EXPERIMENTAL: previous custom time window median price and current time window open price in a neat package :p
Open Close Daily LineThis will place circles on your chart for the opening daily price. If price is above, the circles are green. If price is below, the circles are red. I wanted to be able to see the opening price a bit easier while in smaller time frames.
I decided to add the previous daily closing line to the original script. Basically looking for good support / resistance
Open Daily LineThis will place circles on your chart for the opening daily price. If price is above, the circles are green. If price is below, the circles are red. I wanted to be able to see the opening price a bit easier while in smaller time frames.
