Freedom of Movement Indicator
In “Evidence-Based Support & Resistance” article, author Melvin Dickover introduces two new indicators to help traders note support and resistance areas by identifying supply and demand pools. Here you can find the support-resistance technical indicator called "Freedom of...
This is Dynamic Support / Resistance script.
How it Works?
It finds Pivot Points and creates channels for each Pivot Point. Channel size is calculated by (Highest - Lowest) * %Channel_size in Loopback Period. After creating channels it calculates that how many Pivot Points in the channels. more Pivot Points in channel means stronger Support/Resistance. in the...
this scripts prints the high and low as well as the moving average of a user-defined session.
How does it work?
Basically, as soon as we are in the session range, the indicator will constantly keep track of the high and the low of this range. It also prints the moving average, which can either be a floating or a static line, that represents the...
This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points.
Generally HH and HL shows up-trend, LL and LH shows down-trend.
If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script...
Support and Resistance Levels + Zones for 3 time frames, based on volume at fractal levels with Zones based on wick size which is a true reflection of a Zone when compared to other S/R Zone scripts which only use a thick line not based on anything.
Original script is thanks to synapticex I have just migrated to version 3, heavily modified it and added Support and...
This study tries to highlight support and resistances
as they are defined by
TradingLatino TradingView user
His definition is based on volume peaks
on the official TradingView Volume Profile
indicator that seem rather big on size.
As a bonus it also serves as a rather simple volume profile indicator.
As you can see it only show last blocks volume profile.
The indicator attempts at automatic detection of support and resistance levels by identifying large swings/pivots in historical price action. These tops and bottoms in price action show where lots of buyers or sellers came into the market and might act as future levels of support or resistance. By default, the code detects the last 3 significant swing highs and...
This script is based on the approach of filtering signals by checking higher timeframes.
So basically setting higher numbers in "Strength Of Levels" option, will make the indicator check for support and/or resistance levels in timeframes higher than the current.
Unfortunately, I was forced to still use inefficient built-in functions pivothigh() and pivotlow(). I...
If you search the internet, you won't find much about these types of resistance and support levels. Hidden levels are SnR levels calculated based on some psychological patterns and sometimes it's unbelievable that the chart responds to these levels.
So use the indicator and check the idea.
Volume Area Profile (Индикатор горизонтальных объемов)
Данные введены для графика GC!- Futures Gold - Дата: 20 мая 2019
Индикатор интегрирует данные полученные Вами после анализа кластерного графика объемов цены и строит зоны профиля объемных уровней поддержки и сопротивления
Необходимо отредактировать входные параметры:
Resistance_max - верхняя граница зоны...
The indicator identifies the intermediate fractal pattern, where neighboring fractals are either higher or lower. It plots horizontal level and trendlines based on those fractals and comes with a variety of settings.
If you are looking for someone to develop your on indicator or trading strategy, don't hesitate to get in touch with me here on TradingView or...
This indicator shows classical resistance and support levels which retraced the chart lately. Notice that the condensed lines laying close together are showing an area of support and/or resistance.
But after all, it was a tedious work creating this indicator because like I've already said, pine script is a very odd and weak language which does not have many...