Plots the standard deviation resistance/support levels.
Input the previous settlement price and the implied volatility.
credit to u/UberBotMan and u/Living_Granger for the idea and formulas
(preview example is using settlement of 2420 and IV of 11)
Moving average of High, Low & Close with Fibonacci bands calculated from the average high and low. Four upper levels are to the power of 1.618, 2.618, 3.618 & 4.618. Four lower levels are to the power of 0.618, 1.618, 2.618 & 3.618. Included are a choice of time frames either current, semi-custom or fully custom allowing freedom to set any period you like which...
This is a standard fibonacci retracement level indicator and free to use for all. I couldn't find any decent retracement levels that works for me (and definitely wasted money on paid script access that didn't work so well for my trading style), so I created this for my own use and now sharing it with the TradingView community. Fibonacci retracement levels help...
I'm going to introduce you to the Take Profit Screener tool.
It allows you to manually scan your watchlist to determine at a glance the assets that have the best profitability potential.
It is a 2 in 1 tool that allows you to :
identify where your Take Profit ratios are located whether you are in SHAD or Cycle Strategy
identify the potential reward...
This script implements a variation of the Rob Hoffman's Inventory Retracement strategy, with entries being triggered by inventory retracement candles. Various confirmation parameters are available, such as
EMA slope for momentum confirmation
multi-timeframe Ehler's mother of all moving averages
This is Normal RSI but additional Bands of Support and Resistance are added for confirmations.
Settings are as below
for Bull/ Up trend
Resistance1 = 80
Resistance2 = 90
Price would be getting rejection on Resistance levels and will retrace.
Support1 = 40
Support2 = 50
After getting Support on these levels price will be resuming again its Uptrend.
EMA Price Distance, EMAPD for short, is a trend following indicator that can help you predict how price is going to move, in respect to your EMA. It can give overbought and oversold signals, as well as ranging market and retracement signals. The indicator consists of three parts, the Difference Line, the Average Line, and the Histograms.
- The blue line is...
Tradespot - S&R Suite
No configuration needed, works out the box
Dynamically created S&R lines & zones based on ongoing price action
Dynamically created fibonnaci retracement lines to create your trading range
Completely open to building a core trading strategy upon
Want to know more or have questions? Come join the Tradespot community, or send me a...
A trend-following strategy entering pullbacks
Simple but efficient
Mostly used it on 1 min chart but it works extremely well on 5 min as well.
The components of the strategy:
-MTF ATR based Trend
-Fib based cloud to help determine the trend - Caution when trend and cloud shows a different trend - a reversal may be possible.
-Optional values for the signals -how...
Trend Stability (Expo) is a multifunctional trend trading tool that identifies all aspects of trend trading. The indicator helps traders to stay on the right side of the market, identify retracements, reversals, and trend strength. In addition to that, we have added momentum - moves for traders that want to do trend scalping. The candle coloring displays the...
Magnetic Zones v1.1 Beta
This is one of the most powerful and effective indicator which I personally use for Intraday.
It works well for trending stocks and trending days.
What are the Zones?
The zones are basically Retracement and Reversal Zones. The price will take a halt at this zones. So it will be easy to take an entry.
How to use?
This script draws a High-To-Low or Low-To-High Fibonacci Retrace over the chart, based on which of those two happens in the given time period (Default is 144 Candles).
Updates from older versions:
- Paints 0.5, 0.618, 0.65 and spaces in between, giving good hindsight to the trend, and ideas of where strong support/resistance may lie.
- Silver Paint Strip = 0.50...
Automatic Fibonacci Retracement Level indicator for any time frame, any asset.
Simple to use, just add to your chart and set the size of retracements you want to see.
Fib levels keep drawing in real time until the next low or high is found to start drawing the next fib.
• Fib size
• Show prices
• Draw low-to-high or high-to-low
Adaptive Entry System (AES)
Price action of stocks, indexes, and futures consists of periods of trending action, retracements within the trend and then a resumption of the original trend. Trending patterns do not move straight up or straight down. They move in cycles which, when properly identified, can offer traders an opportunity to “follow the trend” while...
What is the Ultimate Pullback Strategy?
This strategy script is based on my Ultimate Pullback Indicator which detects pullback trading opportunities by analyzing price action in a very specific manner.
By combining simple trend filters with various advanced candlestick patterns it detects high-probability trend-continuation setups (and optional exits).