SetSessionTimesLibrary "SetSessionTimes"
Indian exchanage time session library, might be useful to code indicator or strategy necessary to call exchange trading sessions at NSE and MCX.
SetSessionTimes()
在腳本中搜尋"sessions"
SetSessionTimesIndiaLibrary "SetSessionTimesIndia"
This library might be useful to code an indicator or strategy that requires to call Indian trading sessions at NSE and MCX.
SetSessionTimes()
Market Sessions [Kaspricci]A simple indicator to show you the opening hours of the main markets in London, New York, Tokio and Sydney. It is not shown in your main chart window and as such does not make the chart more difficult to read.
You can turn each market on and off individually and also change the start and end time, if you wish so. All based on GMT timezone, but will be translated into your local timezone.
Happy to receive your feedback.
BTMM OFJ FOR BEST RESULTS PLEASE SWITCH TO LINE CHART OR DISABLE THE CHART CANDLES. BELOW IS A LINE WITH OPACITY TURNED DOWN TO 15%
ASIA, LONDON, AND NEW YORK SESSIONS CAN BE CUSTOMIZED (1ST 3 HRS DEFAULT)
VOLUME CANDLES CAN BE APPLIED WITH SUPPLY AND DEMAND OR MARKET MAKER METHOD. IN A STRONG TREND YOU WANT TO SEE REPEATED HIGH VOLUME CLUSTERS IN THE DIRECTION OFTHE TREND AND FADING LOW VOLUME ON THE RETRACE
BASICK KEY LEVELS WEEKLY INITIAL BALANCE (MONDAY+TUESDAY HIGHEST HIGH AND LOWEST LOW) YESTERDAY AND LASY WKHI/LO
QUICK APPLICATON
Tradesharpe Session BiasThis script is designed for traders who want help defining their session bias it is for people who trade in sessions which will most likely be 1 4h candle. The way I trade using Price action to get my daily bias, to either look for sells or buys or both I look at the previous daily candle close and previous 4hr candle close before analyzing the structure on the lower time frames to get my session bias of bullish/bearish. so this indicator compares the daily and 4hr candles to develop a bias for example
previous daily bullish + Previous 4hr Bullish = BULLISH BIAS
previous daily Bearish + Previous 4hr Bearish = BEARISH BIAS
if Daily bullish 4hr bearish = MIXED SESSION
if daily bearish 4hr bullish = MIXED SESSION
MIXED SESSION = Can argue both buys and sells
BEARISH SESSION = Best to look for Sells only based on my trading style
BULLISH SESSION = Best to look for Buys only based on my trading style
JV SessionsThis indicator serves as the Tradingview equivalent of an MT4 indicator suite.
It differentiates from existing TV indicators in its style and total feature set (most notably PVSRA and PVSRA Override)
It was originally designed for forex markets, and it will work for crypto as well, but it has not been tested on stocks.
List of Forex Market:
Market boxes (NY/JP/ HK /UK/ FR and Brinks Boxes)
CrypNuevo Market SessionsExperimental script showing a different background color per market session. The session hours and colors can be customized. Note that the session hours can overlap.
Based on a thread by CrypNuevo on Twitter.
lower_tf█ OVERVIEW
This library is a Pine programmer’s tool containing functions to help those who use the request.security_lower_tf() function. Its `ltf()` function helps translate user inputs into a lower timeframe string usable with request.security_lower_tf() . Another function, `ltfStats()`, accumulates statistics on processed chart bars and intrabars.
█ CONCEPTS
Chart bars
Chart bars , as referred to in our publications, are bars that occur at the current chart timeframe, as opposed to those that occur at a timeframe that is higher or lower than that of the chart view.
Intrabars
Intrabars are chart bars at a lower timeframe than the chart's. Each 1H chart bar of a 24x7 market will, for example, usually contain 60 intrabars at the LTF of 1min, provided there was market activity during each minute of the hour. Mining information from intrabars can be useful in that it offers traders visibility on the activity inside a chart bar.
Lower timeframes (LTFs)
A lower timeframe is a timeframe that is smaller than the chart's timeframe. This framework exemplifies how authors can determine which LTF to use by examining the chart's timeframe. The LTF determines how many intrabars are examined for each chart bar; the lower the timeframe, the more intrabars are analyzed.
Intrabar precision
The precision of calculations increases with the number of intrabars analyzed for each chart bar. As there is a 100K limit to the number of intrabars that can be analyzed by a script, a trade-off occurs between the number of intrabars analyzed per chart bar and the chart bars for which calculations are possible.
█ `ltf()`
This function returns a timeframe string usable with request.security_lower_tf() . It calculates the returned timeframe by taking into account a user selection between eight different calculation modes and the chart's timeframe. You send it the user's selection, along with the text corresponding to the eight choices from which the user has chosen, and the function returns a corresponding LTF string.
Because the function processes strings and doesn't require recalculation on each bar, using var to declare the variable to which its result is assigned will execute the function only once on bar zero and speed up your script:
var string ltfString = ltf(ltfModeInput, LTF1, LTF2, LTF3, LTF4, LTF5, LTF6, LTF7, LTF8)
The eight choices users can select from are of two types: the first four allow a selection from the desired amount of chart bars to be covered, the last four are choices of a fixed number of intrabars to be analyzed per chart bar. Our example code shows how to structure your input call and then make the call to `ltf()`. By changing the text associated with the `LTF1` to `LTF8` constants, you can tailor it to your preferences while preserving the functionality of `ltf()` because you will be sending those string constants as the function's arguments so it can determine the user's selection. The association between each `LTFx` constant and its calculation mode is fixed, so the order of the arguments is important when you call `ltf()`.
These are the first four modes and the `LTFx` constants corresponding to each:
Covering most chart bars (least precise) — LTF1
Covers all chart bars. This is accomplished by dividing the current timeframe in seconds by 4 and converting that number back to a string in timeframe.period format using secondsToTfString() . Due to the fact that, on premium subscriptions, the typical historical bar count is between 20-25k bars, dividing the timeframe by 4 ensures the highest level of intrabar precision possible while achieving complete coverage for the entire dataset with the maximum allowed 100K intrabars.
Covering some chart bars (less precise) — LTF2
Covering less chart bars (more precise) — LTF3
These levels offer a stepped LTF in relation to the chart timeframe with slightly more, or slightly less precision. The stepped lower timeframe tiers are calculated from the chart timeframe as follows:
Chart Timeframe Lower Timeframe
Less Precise More Precise
< 1hr 1min 1min
< 1D 15min 1min
< 1W 2hr 30min
> 1W 1D 60min
Covering the least chart bars (most precise) — LTF4
Analyzes the maximum quantity of intrabars possible by using the 1min LTF, which also allows the least amount of chart bars to be covered.
The last four modes allow the user to specify a fixed number of intrabars to analyze per chart bar. Users can choose from 12, 24, 50 or 100 intrabars, respectively corresponding to the `LTF5`, `LTF6`, `LTF7` and `LTF8` constants. The value is a target; the function will do its best to come up with a LTF producing the required number of intrabars. Because of considerations such as the length of a ticker's session, rounding of the LTF to the closest allowable timeframe, or the lowest allowable timeframe of 1min intrabars, it is often impossible for the function to find a LTF producing the exact number of intrabars. Requesting 100 intrabars on a 60min chart, for example, can only produce 60 1min intrabars. Higher chart timeframes, tickers with high liquidity or 24x7 markets will produce optimal results.
█ `ltfStats()`
`ltfStats()` returns statistics that will be useful to programmers using intrabar inspection. By analyzing the arrays returned by request.security_lower_tf() in can determine:
• intrabarsInChartBar : The number of intrabars analyzed for each chart bar.
• chartBarsCovered : The number of chart bars where intrabar information is available.
• avgIntrabars : The average number of intrabars analyzed per chart bar. Events like holidays, market activity, or reduced hours sessions can cause the number of intrabars to vary, bar to bar.
The function must be called on each bar to produce reliable results.
█ DEMONSTRATION CODE
Our example code shows how to provide users with an input from which they can select a LTF calculation mode. If you use this library's functions, feel free to reuse our input setup code, including the tooltip providing users with explanations on how it works for them.
We make a simple call to request.security_lower_tf() to fetch the close values of intrabars, but we do not use those values. We simply send the returned array to `ltfStats()` and then plot in the indicator's pane the number of intrabars examined on each bar and its average. We also display an information box showing the user's selection of the LTF calculation mode, the resulting LTF calculated by `ltf()` and some statistics.
█ NOTES
• As in several of our recent publications, this script uses secondsToTfString() to produce a timeframe string in timeframe.period format from a timeframe expressed in seconds.
• The script utilizes display.data_window and display.status_line to restrict the display of certain plots.
These new built-ins allow coders to fine-tune where a script’s plot values are displayed.
• We implement a new recommended best practice for tables which works faster and reduces memory consumption.
Using this new method, tables are declared only once with var , as usual. Then, on bar zero only, we use table.cell() calls to populate the table.
Finally, table.set_*() functions are used to update attributes of table cells on the last bar of the dataset.
This greatly reduces the resources required to render tables. We encourage all Pine Script™ programmers to do the same.
Look first. Then leap.
█ FUNCTIONS
The library contains the following functions:
ltf(userSelection, choice1, choice2, choice3, choice4, choice5, choice6, choice7, choice8)
Selects a LTF from the chart's TF, depending on the `userSelection` input string.
Parameters:
userSelection : (simple string) User-selected input string which must be one of the `choicex` arguments.
choice1 : (simple string) Input selection corresponding to "Least precise, covering most chart bars".
choice2 : (simple string) Input selection corresponding to "Less precise, covering some chart bars".
choice3 : (simple string) Input selection corresponding to "More precise, covering less chart bars".
choice4 : (simple string) Input selection corresponding to "Most precise, 1min intrabars".
choice5 : (simple string) Input selection corresponding to "~12 intrabars per chart bar".
choice6 : (simple string) Input selection corresponding to "~24 intrabars per chart bar".
choice7 : (simple string) Input selection corresponding to "~50 intrabars per chart bar".
choice8 : (simple string) Input selection corresponding to "~100 intrabars per chart bar".
Returns: (simple string) A timeframe string to be used with `request.security_lower_tf()`.
ltfStats()
Returns statistics about analyzed intrabars and chart bars covered by calls to `request.security_lower_tf()`.
Parameters:
intrabarValues : (float [ ]) The ID of a float array containing values fetched by a call to `request.security_lower_tf()`.
Returns: A 3-element tuple: [ (series int) intrabarsInChartBar, (series int) chartBarsCovered, (series float) avgIntrabars ].
Intraday Accumulator [close-open]This script plots close-open cumulative from the beginning of the chart. It is made for use on equities with overnight sessions to view the intraday performance vs the candlestick chart.
(Quartile Vol.; Vol. Aggregation; Range US Bars; Gaps) [Kioseff]Hello!
This indicator is a multifaceted tool that's, hopefully, useful for price action and volume analysis.
(This script makes use of the newly introduced "text_font" parameter)
With this script you'll have access to:
Range US Chart
Volume Aggregation Chart
Gaps Chart
Volume by Quartile
Consequently, you'll have access to:
First Quartile Volume Threshold
Second Quartile Volume Threshold
Third Quartile Volume Threshold
90th Percentile Volume Threshold
Fourth Quartile Volume Threshold
Q2 - Q1 Dispersion
Q3 - Q2 Dispersion
Q4 - Q3 Dispersion
Quartile Deviation
Interquartile Range
Avg. "n" bar return following "high" volume
Avg. "n" bar positive return following "high" volume
Avg. "n" bar negative following "high" volume
# of Positive Returns Following a Gap
# of Negative Returns Following a Gap
# of Gaps
# of Up Gaps
# of Down Gaps
Average # of bars to fill Up Gaps
Average # of bars to dill Down Gaps
Average Gap Up % increase
Average Gap Down % decrease
Cumulative % increase of all Up Gaps
Cumulative % decrease of all Down Gaps
Sort gaps by distance from price
Hide gaps that price substantially deviates from (gaps will reappear when price trades near the gap)
Segment Range US bars by date
Manually configure Range US price thresholds
Identify "congestion" areas with Range US bars
Range US Levels that must be exceeded for a new Range US bar to produce
Manually configure cumulative volume threshold for Volume Aggregation bars
Segment Volume Aggregation bars by date
Largest Volume Aggregation bar increases
Largest Volume Aggregation bar decreases
Calculate log returns after "high" volume sessions
Quartile Volume
The Quartile Volume portion of the script segments price/volume intervals by quartile.
The image above shows features of the indicator.
For statistics, the following metrics are recorded:
First Quartile
Second Quartile
Third Quartile
90th Percentile
Fourth Quartile
Q2 - Q1 Dispersion
Q3 - Q2 Dispersion
Q4 - Q3 Dispersion
Quartile Deviation
Interquartile Range
Color-coordinated price bars (by volume quartiles)
The percent rank for the volume of the current bar
Avg. "n" bar return following "high" volume
Avg. "n" bar positive return following "high" volume
Avg. "n" bar negative following "high" volume
The script colors bars via gradient.
By default, bars are colored lime when volume for the interval is "high" (exceeds upper quartile thresholds). The greener the bar, the higher the volume for the interval.
Bars are colored red when volume for the interval is "low" (fails to exceed lower quartile thresholds). The redder the bar, the lower the volume for the interval.
Naturally, brownish-colored bars reflect a volume interval that concluded near the median.
The image above exemplifies the process. This feature might be useful to categorize / objectively define high-volume clusters, low-volume clusters, high-volume price moves, low-volume price moves, etc.
For greater precision, you can select to color bars by volume quartile they belong to.
The image above shows color-coordinated price bars. More details shown in the image.
Additionally, you can select to plot the quartile/percentile that a price bar belongs to on the chart.
The image above shows price bars numbered by the volume quartile they belong to.
The script will distinguish successive 90th percentile violations, superimpose a linear regression channel atop the data sequence, and record pertinent statistics.
The image above shows the process.
Lastly, the user can plot an anchored VWAP using a built-in time function.
The image above shows the anchored VWAP.
Range US Chart
A Range US chart operates irrespective of time and volume - simply - bars produce after a user-defined price move is achieved/exceeded in either direction. A range us chart produces “trend candles” and “reversal candles”. A reversal candle always moves against the most immediate bar; a trend candle always moves in favor of the most immediate bar. The user defines the dollar amount price must travel up/down for a trend candle to fulfill, and for a reversal candle to fulfill.
Note: if a “down reversal” candle (red) Is produced, it’s impossible for the next candle to also be a down reversal candle - for the downside move to continue the criteria for a down trend candle must be fulfilled. Similarly, if an “up reversal” candle (green) Is produced, it’s impossible for the next candle to also be an up reversal candle - for the upside move to continue, the criteria for an uptrend trend candle must be fulfilled. Consequently, Range US bars frequently trade at the same level for extended periods. This is intentional, as this chart type is theorized to “filter noise” (whether Range US charts fulfill this theory is to your discretion).
Lastly, if an up trend candle (green) is produced, the next candle cannot be up a reversal up candle - only a trend up candle or reversal down candle can produce - vice versa for a trend down candle (the subsequent candle cannot be a reversal down candle). In this sense, an uptrend continues on successive trend up candles; a down trend continues on successive trend down candles.
The image above exemplifies Range US chart functionality.
The lower-right stats table shows the requisite price move for a "Trend" candle to produce and for a "Reversal" candle to produce.
The default settings for this chart time automatically calculate the required "Trend" candle price move and the required "Reversal" candle price move. However, both settings are configurable.
The image above shows manually configured parameters for a trend bar and reversal bar to produce. This feature allows the user to replicate the Range US chart hosted on extrinsic charting platforms.
However, please consider that this script does not use tick data; 1-minute OHLC data is used for calculations.
Consequently, configuring the trend bar and reversal bar requirement too low may return inaccurate data. For instance, if you set trend candles to form after a $1 price move then trend candles will form if price moves up $1 from a green Range US bar or down $1 from a red Range US bar. This is sufficient for lower priced assets; however, if you were trading, for instance, Bitcoin - a $1 price move can happen numerous times in one minute. This script can’t plot bars and record data until a 1-minute bar closes and a new 1-minute bar opens. Further, if Bitcoin moves up $1 twenty times and down $1 twenty times in a 1-minute bar - your Range US chart will record such variations as one price move. This data is inaccurate and likely useless.
To counter this quandary, a warning message will appear if you configure trend bar price moves or reversal bar price moves too low.
The image above shows the concealable warning message.
The image above is a flow diagram (made with shaky hands) illustrating the Range US bar formation process.
A google search will return additional information on the Range US chart type.
Volume Aggregation Bars
TradingView user and member of the TradingView Discord server @ferreirajames informed me of the Volume Aggregation chart type. The user commented in the "Suggestions" channel for the TradingView Discord server asking for the Volume Aggregation chart type. As an interim fix, I tried my hand at recreating the process, which is available in this script.
Similar to the Range US chart type, Volume Aggregation bars aren’t bound to a time-axis; the bars form after a user-defined, cumulative amount of volume is achieved or exceeded. Consequently, once the cumulative amount of volume is achieved or exceeded - a bar is produced at the corresponding price level.
Underlying theory: The chat type is conducive to identifying price levels where traders are “trapped”. Whether the process adequately distinguishes this circumstance is to your discretion.
The image above exemplifies the Volume Aggregation chart type.
Regardless of the current price, Volume Aggregation bars for after a requisite amount of volume is achieved/exceeded. Tick data isn't used; therefore, remainder values are carry over.
By default, the script automatically calculates a proportional cumulative volume total to dictate the formation of Volume Aggregation bars. However, the cumulative threshold is configurable.
The image above shows Volume Aggregation bars forming subsequent a user-defined cumulative volume total being exceeded.
Note: This chart type uses OHLC data from the timeframe of your chart. Therefore, for instance, setting the volume threshold too low will produce inaccurate, useless data.
A warning message will appear for such occurrence.
Gaps
The indicator incorporates a "Gaps" chart type.
The image above shows accompanying features.
A list of all unfilled gaps is accessible - gaps for this list are sorted by distance from current price.
Partially filled gaps are displayed in the corresponding gap box - the percentage amount the gap was filled is also displayed.
Gap statistics show:
# of Gaps
# of Up Gaps
# of Down Gaps
Average # of bars to fill Up Gaps
Average # of bars to dill Down Gaps
Average Gap Up % increase
Average Gap Down % decrease
Cumulative % increase of all Up Gaps
Cumulative % decrease of all Down Gaps
Naturally, there may be gaps formed thousands of bars ago that aren't close to price. Showing these gaps on the chart will "scrunch" the y-axis and make prices indistinguishable.
I've added a setting that allows the user to hide gaps that are "n" % away from the current price. The gap, if unfilled, will reappear when price trades within the user-defined percentage.
The image above shows an example. There's an unfilled down gap that's "hidden" because the current price is a further % away from price than what I've specified in the settings (1%). When prices trade back within 1% of the gap - it will reappear.
The image above shows the process in action. Prices moved back within 1% (can be any %) of the gap; therefore, it reappeared on the chart.
You can also set the % distance a gap must achieve for it to be considered a gap, recorded and plotted. Additionally, you can select to "visualize" gaps. Similar to the Range US chart and the Volume Aggregation chart, this setting will bars reflecting the most recent sequence of gaps - date and percentage distance of the gap are superimposed atop the bar.
Let me know if there's anything else you'd like included!
Note: The initial compilation time for this script is.... high. However, once the script's compiled, calculation load times are quick and you can sift through assets and timeframes relatively quick.
There's also a setting to "Improve Load Times" in the user-inputs table. This setting only improves the load times for post-compilation calculations and plots. The initial compilation load time is unchanged. Simply, once the indicator has "first loaded", all subsequent loads are quick.
Thank you! (:
Stopping Volume Finder (Reversals)This indicator is used to identify possible reversals
(1) Green arrow means a possible bullish reversal
(2) Red arrow means a possible bearish reversal
(3) Green and Red arrows means it cleared liquidity from both sides and is likely to go to the nearest area of interest
-It finds high volume candles that likely cleared out stop losses which usually results in a reversal
-This indicator works best on the 5M and 15M during London and NY sessions
-Use it along with other indicators for example Cipher B Divergance
-Use support and resistance to find TP levels, such as previous lows/highs and 20, 50 and 200 emas
-SL goes above or below wick depending if its a buy or sell
fxOpensPrints lines from the opening price of the three major forex session, plus from the New York midnight opening price.
Has some customizable settings.
Alerts for price crossing the levels.
Somewhat of a work in progress.
MM Future Session TimesThis script projects the Open/Close of the Asia, UK and US sessions highlighting the Gaps & Deadzone within the market Maker Model.
Dead Zone 5 - 8pm
Asia Gap - 8:00 - 8.30pm | Asia Open 08.30pm | Asia Close 3am
London Gap 3:00 - 3:30am | London Open 3.30am | London Close 9am
US Gap 09:00 - 9.30am | NY Open 9.30am | NY Close 5pm
Note this does not differentiate between the weekend and week day
Fx Session RangeHello traders ,as you know the session timing plays a major role in trade execution.
I was searching for a good session indicator for a very long time but I was not satisfied with the indicators which are already available on Trading view. So I decided to code one my self.
This indicator is based on the timing provided by the website www.forex.timezoneconverter.com and time is set according to Ney York time zone.
I have added almost all major sessions including (Sydney , Tokyo and Frankfurt) and almost all features which I could.
I hope you guys 👍this indicator .
Incase you notice any bug or want any features added, let me know in comment section or you can Dm me as well.
Thank you all , enjoy :D
PulseVolume can help confirm signals we might discover using other methods of technical analysis .
This indicator's logic spots above-average turnover and then tests against the price change. Pulse highlights sessions with heavy volume and directional moves. This can help take out the noise and help confirm the trend.
Forex Session by PThis session indicator is set according to UTC+5:30 (Kolkata, India)
L = London
N = New York
T= Tokyo
FF = Frankfurt
NYSE = New York Stock Exchange
Square in Bottom
With characters are Start of the Session
Without Characters are End of the Session specified with the color.
Ichimoku Kinkō hyō 目均衡表█ OVERVIEW
Ichimoku is known to be an Indicator that completes itself, for its power but also for its complexity. This is why I decided to improve the work of
Goichi Hosoda in order to offer the maximum number of options for the most seasoned users but also beginners with options to simplify the
reading of Ichimoku (such as a panel directly giving you the status of each Ichimoku options or Supports/Resistances drawn automatically
according to the conditions chosen in the settings.
█ OPTIONS
Here is the complete list of options to implement :
- "Source" and "Alternative Source" (with lots of choices)
- Heikin Ashi volume.
- Weighted Moving Average Smoothing
- Minimum, Maximum and Adaptive Percentage Length adjustable for Tenkan-Sen, Kijun-Sen, Chikou Span and Senkou-Span)
- The Chikou has a Filter with modifiable Length (in Lookback Percentage)
- Advanced Filter Settings: Volume, Tenkan-Sen/Kijun-Sen Cross, Volatility, Tenkan-Sen Equal Kijun-Sen, Chikou Greater Than Price,
Chikou Momentum, Price Greater Than Kumo, Price Greater Than Tenkan-Sen, Chikou Trend Filter .
- Oscillator volume adjustable via drop-down menu with 5 types of oscillators available: "TFS Volume", "On Balance Volume",
"Klinger Volume", "Cumulative Volume", "Volume Zone".
- Relative Volume Strength Index with Length, Peak and EMA's adjustable. 3 Oscillators available: “On Balance Volume”,
“Cumulative Volume”, “Price Volume Trend”.
- Volatility adjustable with Fast and Slow Length.
- Totally customizable Support and Resistance.
- Bar Trend Color based on chosen settings.
- Fully customizable help panel.
- Alerts available for: Labels Detection, Support/Resistance Line Cross, Panel Trend Status Direction.
█ NOTES
Remember to only make a decision once you are sure of your analysis. Good trading sessions to everyone and don't forget,
risk management remains the most important!
Ext/Non EMA SignalsThis allows for one EMA to reference the regular session well the other references the extended session. A green arrow will appear above a bear candle closing above both the EMAs and a Red arrow on bull candles closing below both.
This saves me time from jumping back and forth from extended sessions and regular session.
Let me know if you have any questions, I just recently started using Pine Editor to build indicators I was not able to find in the library.
ICT EverythingVersion 1.0
Global Settings
• Timezone Selection
• Hide Indicator Above Specified Time
Thematic Override
• Override Colors For Dark Theme ( Colors Set for White Theme by Default )
• Override Session Highlighting Color
Session Options
• Show Historical Sessions
• Enable/Disable Session Highlighting
• Session Specific Visibility
• Session's Crucial Time Vertical Lines w/ Options
NY Midnight Line Options
• Show Historical NY Midnight Vertical Lines
• Midnight Verticle Line Options
• Show Historical NY Midnight Price Lines
• Midnight Price Line Options
Opening Price Line Options
• New York 8:30 AM Price Line Settings
• Equities Open 9:30 AM Price Line Settings
• Option to Display Historical Price Lines
HTF Levels
• Weekly Open
• Monthly Open
label Settings
• Show/Hide Label Text
• Show/Hide Label
Day of Week
• Show Day of Week at the bottom of chart w/ Time Co-ordinates Selection
••• Message Me For Link to Frequently Updated Version of This Indicator •••
Auto Support & Resistance With Wick Signals & Percentage GapsThis auto support and resistance indicator uses percentage deviations from the previous session close to calculate levels. It provides arrows as signals when it detects 2 wicks in the last 5 bars from a support or resistance level. Includes alerts for price crossing any level as well as real time percentage gaps from current price to the next closest support and resistance level. You also have the option to set up to 3 major levels of your own for any levels that are very important on longer timeframes that you want included. Those will show on the chart as well as within your percentage gap table with color coded background. All features can be customized or turned off to suit your preferences.
SOURCE
This indicator uses the previous session close as a source by default but can be adjusted to use the previous session high or the previous session low. I find the close setting to provide the most accurate levels.
SESSION
The default setting for the previous session used is the daily session but can be adjusted to use the daily, weekly, monthly, quarterly or yearly session. Use longer sessions when looking at longer time frame charts.
SIGNALS
The signals by default are set to only show an arrow if there have been 2 bullish or bearish wicks off of a support or resistance level in the last 5 bars. This can be changed to one bullish wick off of support and one bearish wick off of resistance or it can be set to give a signal anytime a bar crosses a support or resistance level. This can be controlled in the indicator settings.
PERCENTAGE DEVIATION LEVELS
The default percentage deviation is set to 1% but can and should be adjusted according to whatever ticker you are using. For example use .25% or .5% when looking at forex intraday charts since they are not as volatile as other markets. For leveraged etfs used 1% multiplied by the leverage on the etf, so for SQQQ use 3% as it is a 3x leveraged etf. When looking at longer timeframes or highly volatile charts, set the percentage deviation to 2%, 5%, 10%, etc.
LINE COLORS
The color of the lines will change from red to green depending on if the price is above or below that level. You can customize these colors in the settings.
MAJOR LEVELS
If you have major levels of support and resistance from longer timeframes and your own charting, you can add up to 3 major levels that will show on the chart as well as show the percentage gaps in the table. The label for each major level will be colored to match the color of the line on the chart individually.
PERCENTAGE GAP TABLE
The gap table will update live with percentages to go from current price to the next closest support and resistance levels so you don’t have to calculate them manually. The position of the percentage gap table can also be changed within the indicator settings.
TURN FEATURES ON/OFF
There are 3 toggle switches so you can easily turn on or off certain features such as: the support and resistance lines, the percentage gaps table and the arrow signals.
LINE WIDTHS
You can also set the line width of all levels and the line width of the starting level within the indicator settings.
***MARKETS***
This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex.
***TIMEFRAMES***
This automatic support and resistance indicator can be used on all timeframes as long as there is enough data for the session used.
***TIPS***
Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Volume Spike Scanner, Volume Profile, Momentum and Trend Friend in combination with this auto support and resistance indicator. They all have real time Bullish and Bearish labels as well so you can immediately understand each indicator's trend.
Simple_PyramidingA simple Pyramiding / DCA Strategy. Everyday at a specified time a position is opened. The individual position is closed when a take profit is triggered. Optionally a stop loss can be activated, or the option to close the position at the and of the time frame. You can specify the max amount of open positions. The equity will be divided through the max amount of open positions.
This strategy is a result of an exploration into working with time sessions, pyramiding, for loops and possibilities to trigger individual take profits (profit) and stop loss levels (stop). This strategy is by no means a worked out and reliable strategy. Please feel free to experiment with the code in your indicators and strategies.
Intraday Power 3 VisualDescription
This indicator draws a dynamic "Open High Low Close" type visual on intraday charts so the trader can easily keep track of the daily/weekly movement. This indicator was inspired by the Inner Circle Trader’s (ICT) “Power 3” concept, which is Accumulation, Manipulation, and Distribution of price on a daily timeframe.
Visual
This indicator plots the chosen timeframes opening price along with a live line for the current price. This makes it very easy to identify the daily/weekly range along it’s open. And the user can combine this indicator with my other indicator “Futures Exchange Sessions” to plot the midnight EST & 8:30 AM EST lines to get a great summation of over night price action.
Inputs and Style
In the Input section the user can dynamically switch between Daily and Weekly timeframes. Built in ability to move the entire Visual to the right makes preventing indicator overlap a breeze. All of the lines can be configured: color, style, and width. Independently toggle ON/OFF the Power 3 labels (Accumulation, Manipulation, Range Extension, Distribution) and can change labels color. The labels dynamically move and switch positions based upon bear or bull daily/weekly range.
Special Notes
The Futures market is open 23/5. It is closed everyday for 1-hour at 5pm EST and closed over the weekends. Because this Intraday Power 3 Visual is drawing in the 'future' on the users TradingView chart, when the visual is close or in a time when the market is closed, the visual doesn't behave properly. This is because TradingView doesn't display times when the Market is closed, thus the drawings cannot be displayed during those times. There is nothing wrong with the script. Please wait until the Market is open and the visual will be drawn normally.
This indicator is intended for use in the Futures Market