Advanced Pivot Point Dashboard📊 Advanced Pivot Point Dashboard 📊
This indicator is designed to help you analyze key price levels using Pivot Points, Support, and Resistance levels. It combines visual lines on the chart with a detailed table for a comprehensive trading experience. Here's what it offers:
🎯 Key Features:
📈 Pivot Point Calculation:
Automatically calculates the Pivot Point (P) and Support/Resistance Levels (S1, S2, S3, R1, R2, R3) based on the previous day's high, low, and close prices.
📊 Table with Key Levels:
Displays all levels in a clean and organized table.
Shows the distance (%) of the current price from each level.
Includes a trend indicator (Bullish 🟢, Bearish 🔴, or Neutral ⚪) based on the price relative to the pivot point.
📏 Visual Lines on the Chart:
Draws horizontal lines for all key levels (Pivot Point, Supports, and Resistances).
Lines are automatically updated daily.
⚠️ Visual Alerts:
If the price is near a key level (within the specified alert distance), a warning icon (⚠️) appears in the table.
🔖 Optional Labels:
You can enable labels on the chart to easily identify each level (P, R1, R2, R3, S1, S2, S3).
🛠️ How to Use:
Add the Indicator:
Copy and paste the code into the Pine Script editor in TradingView.
Add the indicator to your chart.
Customize Inputs:
Show Labels: Toggle labels on the chart.
Alert Distance (%): Set the percentage distance for visual alerts.
Analyze Key Levels:
Use the lines on the chart to identify potential support and resistance zones.
Refer to the table for detailed information about each level, including distance and trend direction.
Set Alerts:
Use the warning icons (⚠️) in the table to identify when the price is approaching a key level.
📋 Table Columns:
Level: The name of the level (e.g., Pivot Point, R1, S2).
Price: The price value of the level.
Distance (%): How far the current price is from the level (in percentage).
Trend: Bullish 🟢, Bearish 🔴, or Neutral ⚪.
Alert: A warning icon (⚠️) if the price is near the level.
🚀 Why Use This Indicator?:
Comprehensive Analysis: Combines visual and tabular data for a complete view of key levels.
Customizable: Adjust the alert distance and toggle labels as needed.
Easy to Use: Perfect for both beginners and experienced traders.
📝 Example:
If the price is near R1, you'll see a warning icon (⚠️) in the table and a horizontal line on the chart.
The table will show the distance (%) from R1 and whether the trend is Bullish 🟢 or Bearish 🔴.
📌 Pro Tip:
Combine this indicator with other tools like moving averages or volume analysis for even better trading decisions!
Let me know if you have any questions or need further assistance! Happy trading! 🚀📈😊
指標和策略
James//@version=5
indicator("Forex Entry Signals (RSI + EMA)", overlay=false)
// Configuração do RSI
rsiLength = input(14, "RSI Length")
rsi = ta.rsi(close, rsiLength)
// Configuração da EMA
emaLength = input(50, "EMA Length")
ema = ta.ema(close, emaLength)
// Lógica de compra e venda
buySignal = ta.crossover(close, ema) and rsi < 30
sellSignal = ta.crossunder(close, ema) and rsi > 70
// Plot do RSI
plot(rsi, color=color.blue, linewidth=2, title="RSI")
hline(70, "Overbought", color=color.red)
hline(30, "Oversold", color=color.green)
// Marcar setas no gráfico
if buySignal
label.new(bar_index, close, text="BUY", color=color.green, style=label.style_label_up, textcolor=color.white, size=size.small)
if sellSignal
label.new(bar_index, close, text="SELL", color=color.red, style=label.style_label_down, textcolor=color.white, size=size.small)
Multi-Timeframe Candles HistogramsAt some community members' requests, I have built on the original code to make it a single indicator with the option for users to check off which timeframes they want to be shown. Choices are 1-hour, daily, weekly, and monthly.
I couldn't figure out how to separate each timeframe into its own histogram, so this is the best I can offer at the moment. If any community member wants to take a crack at it, be my guest.
Colors are customizable.
If you have a paid TW account, you can lay it down twice and put the hour and daily on one and the weekly and monthly on the other.
That said, I hope you enjoy this version of this indicator.
R.I.P. Rob Smith, creator of TheStrat.
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Key Features and Benefits
1. Custom Timeframe Selection:
- Choose from an array of timeframes ranging from minutes to months, giving you complete flexibility in your market analysis.
- Quickly switch between different timeframes (e.g., 1-hour, daily, or weekly) to track continuity across varying levels.
2. Visual Representation of High/Low Markers:
- Enable or disable the display of high and low points to better understand price ranges and reversals.
- These markers allow you to spot key turning points on different timeframes, facilitating better entry or exit decisions.
3. Enhanced Candle Visualization:
- Displays candles with precise price levels aligned to your chosen timeframe, giving a clearer view of price trends.
- Candles are color-coded to reflect price movement, which is customizable by the user.
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How to Use This Indicator
Monitor Multiple Timeframes Simultaneously:
- Place the indicator on your chart and choose the timeframes you want to follow (e.g., hourly, daily, weekly, monthly).
- For each instance, checkmark the desired timeframes in the menu to ensure that you’re tracking the right period.
Achieve Timeframe Continuity:
- By aligning lower timeframes with higher ones, this tool helps you confirm trends, detect reversals, and avoid trades that go against the broader market movement.
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Why This Indicator is Valuable for Traders
This tool simplifies a core principle of TheStrat—full timeframe continuity—by visually representing price action across multiple timeframes in a clear and actionable way. It removes the guesswork and helps traders stay in sync with market momentum, regardless of the timeframe they are analyzing.
This solution offers flexibility, clarity, and speed, enabling traders to quickly grasp critical movements and improve decision-making. Whether you are a scalper focusing on intraday moves or a swing trader watching weekly trends, this tool empowers you to maintain alignment with the overall market structure.
In essence, it brings the power of TheStrat to your fingertips by offering precise and easy-to-read visual aids, allowing you to seamlessly apply Rob Smith’s philosophy to your trading.
Simple Average Price & Target ProfitThis script is designed to help users calculate and visualize the weighted average price of an asset based on multiple entry points, along with the target price and the potential profit. The user can input specific prices for three different entries, along with the percentage of total investment allocated to each price point. The script then calculates the weighted average price based on these entries and displays it on the chart. Additionally, it calculates the potential profit at a given target price, which is plotted on the chart.
Mahen Support and ResistanceSupport and Resistance to my learning purpose. It may not work for others. Feel free to tweak it according to your needs. This also modified from good soul
Dinesh 7 EMAits a indicator for 7 moving average . it show 5 , 10 ,21, 50 , 100, 150 and 200 moving average
Triple Power Stop [CHE]Triple Power Stop
This indicator provides a comprehensive multi-timeframe approach for stop level and trend analysis, tailored for traders who want enhanced precision and adaptability in their trading strategies. Here's what makes the Triple Power Stop (CHE) stand out:
Key Features:
1. ATR-Based Stop Levels:
- Uses the Average True Range (ATR) to dynamically calculate stop levels, ensuring sensitivity to market volatility.
- Adjustable ATR multiplier for fine-tuning the stop levels to fit different trading styles.
2. Multi-Timeframe Analysis:
- Evaluates trends across three different timeframes with user-defined multipliers.
- Enables deeper insight into the market's broader context while keeping the focus on precision.
3. Dynamic Volatility Adjustment:
- Introduces a unique volatility factor to enhance stop-level calculations.
- Adapts to market conditions, offering reliable support for both trending and ranging markets.
4. Clear Trend Visualization:
- Stop levels and trends are visually represented with color-coded lines (green for uptrend, red for downtrend).
- Seamlessly integrates trend changes and helps identify potential reversals.
5. Signal Alerts:
- Long and short entry signals are plotted directly on the chart for actionable insights.
- Eliminates guesswork and provides clarity in decision-making.
6. Customizability:
- Adjustable parameters such as ATR length, multipliers, and label counts, allowing traders to tailor the indicator to their strategies.
Practical Use:
The Triple Power Stop (CHE) is ideal for traders who want to:
- Manage risk effectively: With dynamically calculated stop levels, traders can protect their positions while allowing room for natural market fluctuations.
- Follow the trend: Multi-timeframe trend detection ensures alignment with broader market movements.
- Simplify decisions: Clear visual indicators and signals make trading decisions more intuitive and less stressful.
How to Use:
1. Set the ATR length and multiplier values based on your risk tolerance and trading strategy.
2. Choose multipliers for different timeframes to adapt the indicator to your preferred resolutions.
3. Use the color-coded trend lines and entry signals to time your trades and manage positions efficiently.
Disclaimer:
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Enhance your trading precision and confidence with Triple Power Stop (CHE)! 🚀
Happy trading
Chervolino
Asymmetric Coinbase Premium Histogram with SMAAsymmetric Coinbase Premium Histogram with Simple Moving Average
VolatilityFlex Dynamic [CodeNeural]Volatility levels for tracking weekend price potential.
Load up and enjoy
Volume-Based RSI Color Indicator with MAsVolume-Based RSI Color Indicator with MAs
Overview
This script combines the Relative Strength Index (RSI) with volume analysis to provide an enhanced perspective on market conditions. By dynamically coloring the RSI line based on overbought/oversold conditions and volume thresholds, this indicator helps traders quickly identify high-probability reversal zones. Additionally, it incorporates short-term and long-term moving averages (MAs) of the RSI for trend analysis, making it a versatile tool for scalping and swing trading strategies.
Key Features
Dynamic RSI Color Coding:
The RSI line changes color based on two conditions:
Overbought/High Volume: RSI is above the overbought threshold (default: 70) and volume exceeds the average volume by a user-defined multiplier (default: 2.0). The line turns red, indicating potential reversal zones.
Oversold/High Volume: RSI is below the oversold threshold (default: 30) and volume exceeds the average volume by the multiplier. The line turns green, suggesting potential buying opportunities.
Neutral Conditions: Default blue color for all other scenarios.
Volume Integration:
Unlike standard RSI indicators, this script incorporates volume data to refine signals, helping traders avoid false signals in low-volume environments.
RSI Moving Averages:
Two moving averages of the RSI (short-term and long-term) provide trend context:
200-period MA: Highlights the long-term trend in RSI values.
20-period MA: Shows short-term fluctuations for quick decision-making.
Both MAs can be calculated using Simple or Exponential methods, giving users flexibility.
Visual Aids:
Horizontal lines at the overbought (70) and oversold (30) levels help define the boundaries of expected price action extremes.
How It Works
The script calculates the RSI over a user-defined length (default: 14).
Volume data is compared to its moving average to determine if it exceeds the user-defined high-volume threshold.
When RSI and volume conditions align, the RSI line is dynamically colored to indicate potential overbought/oversold zones.
The RSI moving averages provide additional context to confirm trends or reversals.
How to Use
Identify Reversal Zones:
Look for green RSI signals in oversold conditions to identify potential buying opportunities.
Look for red RSI signals in overbought conditions to identify potential selling opportunities.
Use Moving Averages for Confirmation:
When the RSI is above its 200-period MA, the long-term trend is bullish; consider only long trades.
When the RSI is below its 200-period MA, the trend is bearish; consider only short trades.
Combine with Other Tools:
This indicator works best when used alongside price action analysis, candlestick patterns, or support/resistance levels.
Originality
This script is unique in combining volume analysis with RSI and RSI-specific moving averages. While many indicators focus on RSI or volume separately, this script marries these two key metrics to filter out weak signals and improve trade decision accuracy.
Chart Recommendations
Clean Chart: Use this indicator on a clean chart without additional overlays for maximum clarity.
Timeframes: Works well on intraday charts (e.g., 5m, 15m) for scalping and on higher timeframes (e.g., 1H, 4H, Daily) for swing trading.
Disclaimer
This indicator is a tool to aid trading decisions and should not be used in isolation. Always consider other factors such as market conditions, news events, and risk management.
BTC vs Mag7 Combined IndexThis Mag7 Combined Index script is a custom TradingView indicator that calculates and visualizes the collective performance of the Magnificent 7 (Mag7) stocks—Apple, Microsoft, Alphabet, Amazon, NVIDIA, Tesla, and Meta (red line) compared to Bitcoin (blue line). It normalizes the daily closing prices of each stock to their initial value on the chart, scales them into percentages, and then computes their simple average to form a combined index. The result is plotted as a single red line, offering a clear view of the aggregated performance of these influential stocks over time compared to Bitcoin.
This indicator is ideal for analyzing the overall market impact of Bitcoin compared to the Mag7 stocks.
GOLDEN Trading System by @thejamiulGolden Pivot by thejamiul is the ultimate trading companion, meticulously designed to provide traders with precise and actionable market levels for maximizing trading success. With its innovative blend of pivot systems, high/low markers, and customizable features, this indicator empowers you to execute trades with accuracy and confidence.
Source of this indicator : This indicator is based on @TradingView original pivot point ( pivot point standard ) indicator with lot of custom and added features to identify breakouts. Bellow detail list of features with explanations.
What Makes Golden Pivot Unique?
This indicator integrates multiple pivot methodologies and key levels into one powerful tool, making it suitable for a wide variety of trading strategies. Whether you're into breakout trading, virgin trades, or analyzing market trends, Golden Pivot Pro v5 has got you covered.
Key Features:
Camarilla Pivots:
Calculates H3, H4, H5, L3, L4, and L5 levels dynamically.
Helps identify strong support and resistance zones for reversal or breakout opportunities.
Floor Pivots:
Classic pivot point along with BC (Bottom Center) and TC (Top Center) levels for intraday and swing trading setups.
Multi-Timeframe High/Low Levels:
Plots static high/low markers for yearly, monthly, weekly, and daily timeframes.
Provides clarity on major market turning points and breakout zones.
Close Price Levels:
Highlights yearly, monthly, weekly, and daily close prices to aid in understanding market bias.
Custom Timeframe Selection:
Flexibly choose daily, weekly, monthly, or yearly pivot resolutions to suit your trading style and objectives.
Comprehensive Visualization:
Color-coded levels for quick recognition of significant zones.
Dynamic updates to adapt to changing market conditions seamlessly.
EXPONOVA:
In input tab you will get EXPONOVA, it is build with two ema and gradient colours. It is very important for trend identification because if we only use pivot, we can not tell the market direction easily. So if you use the EXPONOVA we can easily tell the market trend because when the market is in up trend the EXPONOVA will be green and when the market is in downtrend the EXPONOVA will be red. So if we use pivot and EXPONOVA together we can build a rubout strategy.
This indicator enables you to implement strategies like:
Breakout Trading: Identify critical levels where price might break out for momentum trades.
Virgin Trades: Use untouched levels for precision entries with minimal risk.
Trend Reversals: Spot overbought or oversold zones using Camarilla and Floor Pivots.
Range-Bound Markets: Utilize high/low levels to define boundaries and trade within the range.
How to Use Golden Pivot by thejamiul for High-Accuracy Trading?
1. Breakout Trading If you like breakout trading then this indicator can help you a lot, here we will only take those trade which are broke green zone or red zone. Here green zone mean H3, to H4, and red zone mean L3, L4 . If price closes above green zone then we will plan to go Long and if price closes bellow red zone then we will plan to go Short.
As you can see on the chart when price break the green zone, the market shoot up!
2. Range-Bound Trading: When market are in range bound mode, usually we fear to take trade because we don't have clear idea about major support or resistance and how to take trade in such market. But if you use this indicator it will show you the major support and resistance zone which are red and green colours in this indicator. In range bound market, market usually trade between red zone and green zone so we can trade accordingly.
Bitcoin vs Mag7 Combined IndexThis Mag7 Combined Index script is a custom TradingView indicator that calculates and visualizes the collective performance of the Magnificent 7 (Mag7) stocks—Apple, Microsoft, Alphabet, Amazon, NVIDIA, Tesla, and Meta (red line) compared to Bitcoin (blue line). It normalizes the daily closing prices of each stock to their initial value on the chart, scales them into percentages, and then computes their simple average to form a combined index. The result is plotted as a single line, offering a clear view of the aggregated performance of these influential stocks over time compared to Bitcoin.
This indicator is ideal for analyzing the overall market impact of the Mag7 compared to Bitcoin.
15m MNQ Strategy IntradayHigh probability intraday trading strategy for the 15min timeframe using EMAs and has Buy/Sell indicators. This is a great strategy for A.I, contact me on Twitter/X.com @28Bamz for any further info.
Уровни поддержки и сопротивления ликвидации Биткоина Этот индикатор поможет вам визуализировать потенциальные зоны ликвидаций на графике и принимать более информированные торговые решения.
mr.crypto731Description:
📊 Enhanced MACD with Strong Buy/Sell Signals 🚀
This script is designed to enhance the standard MACD indicator by adding clear, strong buy and sell signals. It includes:
MACD Line: A fast-moving average that reacts quickly to price changes.
Signal Line: A slower-moving average that smooths out price fluctuations.
MACD Histogram: The difference between the MACD Line and Signal Line, helping to identify trend strength and direction.
Key Features:
Strong Buy/Sell Signals: Uses crossovers of the MACD Line and Signal Line to generate strong buy/sell signals.
Color-Coded Background: Provides visual cues with background colors to highlight strong signals.
User-Friendly Interface: Customizable settings for MACD Fast Length, Slow Length, and Signal Smoothing.
First 5-Minute Premarket High/Low Break RetestDay trading method that uses the 5 minute candle high and low but trade on the 1 minute chart.
This is a break and retest trading strategy based on the market open 5 minute high and low candle.
Additional levels would be the premarket high and low plotted in blue on the chart. It's not uncommon for the 5 minute to be near the premarket high and low zone.
The break and restest of the 5 minute white lines either to the downside or upside. Once a hammer or long wick candle forms near or touching the retest of the 5 minute line that indicates an entry point.
It's best to have another confirmation for entry such as the 13 and 100 ema cross to confirm good position and risk.
This is a repetable and solid trading strategy. The indicator was created to plot on the 1 and 5 minute charts.
Bollinger Bands+ VWAP+Super trend by Prashant MohiteBollinger Bands 3 types plus VWAP plus 2 super trends Super trend
BS IntradayIntraday scalping strategy using super trend and bollinger bands
This indicator to be used for scalping purpose.
Use Hiken Ashi Chart on 1 min time frame
When background color green buy at color change at lower BB level
When background color red sell at color change at upper BB levels
Target opposite BB level