This strategy sets a grid of stop orders once price touch one Fibonacci weekly pivots. This works very well for scalping as the price touch a pivot level. Take care when you work with grids because drawdown could be very high. Study with alarms is available at request. Please use comment section for any feedback. Next improvement (only to whom is interested to...
Reynholm Pivots are used by Forex, Futures and Stock Traders to flag possible reverse points. These pivots work best on higher times such as the monthly, weekly and daily time frames. I don't recommend using Reynholm Pivots on time frames lower than the daily chart. This pivots are not "buy" or" sell" signals and should not be used for this purpose, but used in...
(Made on XBT/USD 4h Bitmex) This strategy is a first attempt to countertrade the false break of a key support/resistance. If a candle breaks the level, but it comes back before close, it will trigger an order. The Stop Loss is in %, the Take Profit is near the EMA. There is a "volatility filter" to block orders when the price is near the EMA and a coefficient to...
This indicator plots a Pivot Point and 3 Support and Resistance lines that automatically adapt to the Timeframe These can also be plotted against a Custom Timeframe
This is my version of my pivots points when i use it. I use the same parameters that Gregory Mannarino use for his evolution system. I just show it to be better for a quick view. Trade at your own risk!
Zeus Pivot Support and Resistance Breakouts by Zekis Is an indicator with big results, it forms new support /resistance according to the last higher high or lower low (it prints new ones only if it breaks through the last one) Rules: - enter Long or Short when the support or resistance is craked - exit when new support or resistance is starts to form Alerts for...
Frank Ochoa concept of Pivot based EMAs. Changes color based on the position of fast and slow PEMAs. Default values are 21,34,55 (Fibonacci numbers) Ideal way of usage is to use in conjunction with PEMA Oscillator which I had posted few days back.
Upgraded version of "Day_trade" script. There is a late entry and a late closing, and the number of trades is less than the "Fast_Trade" script. Please refer to the description of the old version for a detailed explanation.
Traditional floor pivots with additional lines in between the s/r levels called Mid Points If the Pivot Points are used as entering at s/r levels, you can use the Mid Points to scale out of a position or place Sl's behind
The pivot point levels are composed of a pivot point, two higher resistance levels known as R1 and R2, and two lower pivot point supports known as S1 and S2. Each resistance level is considered a pivot point. this strategy gives signals based on valid pivot points( reactionary price level) and it has a good results on the variety of pairs in different markets.
This uses everget's implementation of the Sharp Modified Moving Average to plot pivot points. It can also show you when to exit your long or short positions if you toggle the option. Check out everget's scripts at www.tradingview.com
This is a pretty simple indicator that automatically draws Support and Resistance lines.
Pipo Trading System for Only Use in 15M TimeFrame Thanks to Mr. Nima Azadi
Adds plotting of daily pivot point which acts as a demarcation between bullish/bearish market sentiment.
This takes the high, low and close from day prior OR Allows the user to set a high, low and close then plots the fibonacci pivot points for the current days trading. Recommended to use intraday (I use 5 min chart).
Опорная точка (Pivot Point) – это уровень цены изменения направления рынка в конкретный день. Зная уровни максимума, минимума и закрытия предыдущей сессии, и произведя простые арифметические действия, мы получим значения уровней поддержки и сопротивления. Отличие этого метода анализа в том, что он помогает составить картину о направлении движения рынка на...