MrBB:BullBear Support BandVery simple and effective S/R band. Created bycombining the weekly 21EMA and weekly 20SMA, it provides strong support/resistance depending on market direction, and works as a basing area for retraces during parabolic (and normal) bull markets.
在腳本中搜尋"support resistance"
TMO with TTM SqueezeApplication of the TTM squeeze and the short-term momentum TTM Wave A in action. This is an example where the short-term wave will react faster than the TTM to give you a signal to start building your positions.
This indicator needs to be combined with "TTM Wave A" (add to existing pane).
The TTM Squeeze works like a better MACD. There is a zeroline and histogram bars above / below represent positive and negative momo. As the height of the bar decreases when above the zeroline, that is called decreasingly positive momo and as the height of the bar decreases when below the zeroline, that is called decreasingly negative momo. The dots on the TTM Squeeze: Red dots represent consolidation where Bollingers are inside the Keltner Channels and green dots represent a move out of consolidation or "squeeze fire". As price action comes out of consolidation there is a bigger move up/down depending on where momo is heading and where prices are (key support/resistance levels, fib areas). You want to use the TTM Squeeze and A wave TOGETHER - TTM Squeeze is your main momo and your A wave is a short-term momo wave that reacts faster and works as a leading gauge. You need to use them TOGETHER to gauge where price action may be heading. When the TTM Squeeze and A wave move lockstep together, let's say both are decreasingly positive, there is a good probability it continues to move in that direction to the next support levels. TWO bars on the TTM Squeeze of different heights is confirmation that in most cases means it will move in the direction of those bars. So if decreasingly positive, you'll see two darker bars. By the time you get your 2nd bar on the TTM Squeeze, it is often too late or you're losing profit. Way to counter that is after you get one darker bar in the opposite direction of current trend, use A wave to "predict" the next wave, the more A wave histogram bars going towards the other direction, the higher the certainty it will hit. Lastly, using these waves together works best when you look at it on MULTIPLE TIME FRAMES. (Credit for this details goes to Brady from Atlas).
TTM Wave AApplication of the TTM squeeze and the short-term momentum TTM Wave A in action. This is an example where the short-term wave will react faster than the TTM to give you a signal to start building your positions.
This indicator needs to be combined with "TMO with TTM Squeeze" (add to existing pane).
The TTM Squeeze works like a better MACD. There is a zeroline and histogram bars above / below represent positive and negative momo. As the height of the bar decreases when above the zeroline, that is called decreasingly positive momo and as the height of the bar decreases when below the zeroline, that is called decreasingly negative momo. The dots on the TTM Squeeze: Red dots represent consolidation where Bollingers are inside the Keltner Channels and green dots represent a move out of consolidation or "squeeze fire". As price action comes out of consolidation there is a bigger move up/down depending on where momo is heading and where prices are (key support/resistance levels, fib areas). You want to use the TTM Squeeze and A wave TOGETHER - TTM Squeeze is your main momo and your A wave is a short-term momo wave that reacts faster and works as a leading gauge. You need to use them TOGETHER to gauge where price action may be heading. When the TTM Squeeze and A wave move lockstep together, let's say both are decreasingly positive, there is a good probability it continues to move in that direction to the next support levels. TWO bars on the TTM Squeeze of different heights is confirmation that in most cases means it will move in the direction of those bars. So if decreasingly positive, you'll see two darker bars. By the time you get your 2nd bar on the TTM Squeeze, it is often too late or you're losing profit. Way to counter that is after you get one darker bar in the opposite direction of current trend, use A wave to "predict" the next wave, the more A wave histogram bars going towards the other direction, the higher the certainty it will hit. Lastly, using these waves together works best when you look at it on MULTIPLE TIME FRAMES. (Credit for this details goes to Brady from Atlas).
[ST] S/R density study v3This algorithm draws supports/resistance levels automatically based on historic candle density at each height. The basic idea is the levels where price is rejected quickly is likely to have fewer candles in the past than the levels above and below. This does not take volume into account. The lookback and number of levels has to be kept low to prevent too many calculations. I haven't looked if there's new pinescript features to let me do this more efficiently yet.
It checks for candle density to decrease once or twice and then increase once or twice before it draws a line at that lowest level. There's an option to draw more lines by only checking for a single decrease and increase.
It likely won't catch all the levels but it seems to get a good amount to help me position stops on other side of S/R or exits on the trade side of S/R.
I've been meaning to share more scripts but keep forgetting. Keeping my scripts free but feel free to like or tip haha.
Pivots High Low (HH/HL/LH/LL)/Trend [Anan] Hello Friends,,
This is pivot points high low with pivot trend to define the trend direction.
Pivot trend is the pivot points average.
Options:
- Pivot Point Period
- Show/hide Pivot Points Labels
- Show/hide Bull/Bear Labels ( depends on pivot trend)
- Show/hide Pivot Center Line (Bull>Center, Bear<Center)
- Show/hide Support/Resistance Level Extensions
- Show/hide Fractal Break Arrows (you can set alerts as well)
Higher Timeframe Trend Indicator V3.0What is it?
An indicator that depicts the trend of up to 5 higher timeframes on the same chart without needing to context-switch between charts.
Features
- Supports up to 5 timeframes
- Trends indicated by 5 colored buttons: one for each timeframe
- Varying shades of green: uptrend
- Varying shades of red: downtrend
- White/silver: sideways/neutral
- Configurable length (time period) for each timeframe
- Increase length to capture long term trends; decrease it to capture only short term ones
- Configurable sensitivity for each timeframe
- Sensitivity determines what angle is considered trending and what is not
- Increase sensitivity to capture weak trends
- Decrease sensitivity to filter out weak trends and capture only strong/steep ones
- Sensitivity ranges from 1 (least sensitive) to 3 (most sensitive)
- Move the labels around vertically for better visibility by changing the "Location" and "Offset" parameters
How should one use it?
Use it to quickly browse through charts to understand the context across timeframes, and zero in on only those that have trends aligning on the higher and lower timeframes as per your strategy. For e.g., a chart that is trending up strongly on the 15min and 60min (indicated by dark green colored buttons), and trending down on the 1 and/or 5 min (indicated by red-colored buttons), can be shortlisted for a potential pullback trade. Use your favorite pullback strategy (Supply/Demand, Support/Resistance, Moving Averages, etc.) to hop in on the trend.
How are trends determined?
The indicator uses normalized %change in price of the linear regression line segment of the chosen price sources (close, high, low, MA, etc.) over a specified length to determine trend direction and intensity
Known Issues
Will indicate the trend correctly only for timeframes *higher* than the current (visible) resolution/timeframe of the chart. Might not indicate it correctly for lower timeframes ( i.e., lower than the current (visible) resolution/timeframe of the chart). For this reason, all timeframes lower than the current resolution will be hidden in the present release.
Future releases
- I am still experimenting with various sensitivity levels and the corresponding trend shades to make the tool as accurate and intuitive as possible. These modifications might come in
- Sensitivity levels might be increased.
- Bug fixes, if any
Price breaksThis indicator displays the High/Low/Close of the previous day/week/month as horizontal lines. Of course, everything is configurable but to keep it simple and non-intrusive it only displays:
month's H/L/C levels on D time frame (drawn as circles)
week's levels on 4h (as crosses)
day's levels on 1h (as line)
These levels act as support / resistance over and over again, see current (08/24/2020) BTCUSD chart, the previous month's close (blue circles) did act as support and held on 08/11, also prev month's high (red circles) was not broken on 08/21. Once these levels break we might see lower prices but so far both of them act as good support to consider.
Pivot Point SupertrendHello All,
There are many types of SuperTrend around. Recently I thought about a Supertrend based on Pivot Points then I wrote "Pivot Point SuperTrend" script. It looks it has better performance on keeping you in the trend more.
The idea is behind this script is finding pivot point, calculating average of them and like in supertrend creating higher/lower bands by ATR. As you can see in the algorithm the script gives weigth to past pivot points, this is done for smoothing it a bit.
As I wrote above it may keep you in the trend more, lets see an example:
As an option the script can show main center line and I realized that when you are in a position, this line can be used as early exit points. (maybe half of the position size)
While using Pivot Points, I added support resistance lines by using Pivot Point, as an option the script can show S/R lines:
And also it can show Pivot Points:
When you changed Pivot Point Period you can see its reaction, in following example PP period is 4 (default value is 2). Smaller PP periods more sensitive trendlines.
Alerts added for Buy/Sell entries and Trend Reversals. (when you set alerts use the option " Once Per Bar Close ")
ENJOY!
Intraday S/RPlots yesterday's low and high, and the current day's open, as intraday support/resistance levels.
Altcoin Spring// ============================== ABOUT THIS SCRIPT ==================================
// By @paul108. Based on original idea about EMAs from @MuroCrypto.
// This script tries to time when altcoins might be about to pump after hitting big lows.
// It aims for a higher winrate rather than being definitive.
// It's not for timing entries on your favourite coin. It's for flipping coins that you don't care about.
// It doesn't give exits. Use support/resistance levels. Make sure to take profit.
// It was tested by eye in May 2019.
// It's for 4H on Binance alts in bullish conditions, and may not work very well in any other conditions.
//
// Circles: green means a significant move (of price crossing the slow EMA) up, red, down.
// A green circle indicates a market entry on the next candle with a stop at the medium EMA.
// A grey circle indicates an entry that matched the primary EMA conditions but not secondary tests.
// It's less likely to work out, but who knows.
// Vertical bars: An additional optional indicator: classic 8,21 EMA cross; green up, red down.
// Stop loss: A horizontal line indicates a potential place to put your stop.
// Use recent lows, support, and common sense here, especially with low-sat coins
//
// Use the indicator with confluence of your favourite technical indicators, patterns, and volume.
// If you lose money, it's on you. If you make money, be cool and pay something forward.
// ====================================================================================
Quarters TheoryIndicator that lets you to put Whole (red), Half (blue) and Quarter (green) levels on a chart, which work as support/resistance levels. Defaults are only for EURUSD, for other symbols you have to change the settings. First input is "Starting Price (Bottom)", which should be the lowest point you want your levels to be. There are only 10 Whole levels on this indicator, but if you want you could add them from pine editor. The next input is "Next Whole Level" this is the price from one whole level to next whole level, for example for EURUSD it is 0.01. The third input is for removing the quarter lines (green lines), if you want to remove them set this option to "0", otherways leave this to "1".
This indicator looks very good on JPY and NZD pairs.
Works on long term too:
Learned from him: www.youtube.com
Hurst Cycle Channel Clone [LazyBear]Cycle Channel is loosely based on Hurst's nested channels. Basic idea is to identify and highlight the shorter cycles, in the context of higher degree cycles.
This indicator plots the shorter term (red) & medium term (green) cycles as channels. Some things to note:
As you can see the red channel keeps moving with in the bounds of green channel. When green breaches red channel, it usually signifies extreme market condition.
Both red & green channels provide support/resistance levels. Also, the green channel provides S/R levels to the inner red channel.
Movement of red channel with reference to green highlights reversal points, reducing momentum et al. For ex., point "(x)" in the chart shows how red channel failed to reach the upper green channel line and highlighted the local top.
Use this just like other bands/channels. I have more indicators derived from this idea, will post them later.
Some more examples:
---------------------------------
MSFT 1M:
DXY 1M:
IWM 1M:
More info:
------------
cyclicwave.blogspot.com
List of my free indicators: bit.ly
List of my app-store indicators: blog.tradingview.com
(Support doc: bit.ly)
High Low Yearly Support ResistanceDecided to repost to get clean chart up. This gives you lines showing the current years highs and lows along with the previous years high and lows.
Requested by "N"
High Low YearlySorry for the mess above. Not sure how to remove it. It was not what I was looking to post. I added the the clean chart below.
This was requested by "N". It displays the current yearly highs and lows along with the previous years highs and lows. Just a nice way to see the support resistance in all time frames.
Open Close Daily LineThis will place circles on your chart for the opening daily price. If price is above, the circles are green. If price is below, the circles are red. I wanted to be able to see the opening price a bit easier while in smaller time frames.
I decided to add the previous daily closing line to the original script. Basically looking for good support / resistance
[LAVA] UNO OverlayEDIT: Ignore the comments... I can't get the update to show due to hard brackets " " being censored for some reason.... but they show up in here so this is where the updates will show.
This is the Ultimate (Nonlinear) Oscillator in overlay format. Took me a while to figure out the best configuration and finally found this one. From what I've observed, this is basically a support/resistance line indicator. When the candle moves thru the supporting/resisting line, its a entry/exit point or an indicator that the opposite side should be targeted depending on the market condition. Ignore the wicks as they go thru the line constantly.
Go here to see updates...
pastebin.com
Enhanced MFI Divergence with Pivot SignalsEnhanced MFI Divergence with Pivot Signals
This custom Pine Script indicator identifies bullish and bearish divergences between price action and the Money Flow Index (MFI), enhancing the trader's ability to spot potential reversal zones with visual clarity and optional confirmation filters.
📊 Key Features:
🔹 MFI Divergence Detection
The script detects:
Bullish divergence when price forms a lower low but MFI forms a higher low.
Bearish divergence when price forms a higher high but MFI forms a lower high.
🔹 Pivot-Based Logic
To ensure high-confidence signals, the script uses pivot point logic to mark local highs and lows on both price and MFI. This avoids noise and focuses only on meaningful swing points.
🔹 Optional Confirmation Filter
You can enable a filter that checks if MFI is above 50 during bullish divergence (implying buying pressure) and below 50 for bearish divergence (implying selling pressure), adding an extra layer of confirmation.
🔹 Signal Markers
Signals are visually displayed on the chart using colored triangles:
Green triangle up for bullish divergence
Red triangle down for bearish divergence
🔹 Background Color Shading
The background is optionally shaded green or red based on MFI’s relationship to its smoothed WMA, helping you visually interpret trend bias.
🔹 Pivot Point Debugging Tools
Circles and crosses mark pivot points on price and MFI for debugging and visual clarity.
🔹 Alerts Ready
Real-time alerts notify you instantly when a bullish or bearish MFI divergence occurs, allowing for quick decision-making.
⚙️ How It Helps
This indicator is designed to help traders:
Anticipate price reversals by identifying hidden strength or weakness in momentum,
Avoid false breakouts,
Confirm entries or exits based on volume-weighted momentum divergence.
It works especially well when used alongside trend-following tools like moving averages, support/resistance zones, or additional volume indicators.
HA Reversal StrategyCertainly! Here's a detailed **description (elaboration)** for the **"HA Candle Test"** (i.e., the Heikin Ashi strategy script I just gave you):
---
### 📌 **Script Name**: HA Candle Test
### 📖 **Description**:
This script visualizes **Heikin Ashi candles** and identifies **trend reversal signals** using classic momentum candle behavior — particularly the appearance of **no-wick candles**, which are known to reflect strong directional pressure in Heikin Ashi charts.
It aims to **capture high-probability trend reversals** with minimal noise, relying on the natural smoothing behavior of Heikin Ashi candles.
---
### ✅ **Buy Signal Conditions**:
* At least **two consecutive red Heikin Ashi candles** (indicating a short-term downtrend).
* Followed by a **green Heikin Ashi candle** that has **no lower wick** (i.e., open == low).
* This suggests that **buyers have taken full control**, with no push from sellers — a potential start of an uptrend.
📍 **Interpreted as**: “Market was selling off, but now buyers stepped in strongly — time to consider buying.”
---
### ✅ **Sell Signal Conditions**:
* At least **two consecutive green Heikin Ashi candles** (short-term uptrend).
* Followed by a **red Heikin Ashi candle** that has **no upper wick** (i.e., open == high).
* This implies **sellers are dominating**, with no attempt from buyers to push higher — possible start of a downtrend.
📍 **Interpreted as**: “Market was rallying, but sellers just took over decisively — time to consider selling.”
---
### 📊 **Visual Aids Included**:
* Plots **Heikin Ashi candles** on your main chart for clarity.
* Uses **Buy** and **Sell** label markers (green & red) at signal points.
* Compatible with any timeframe — higher timeframes typically yield stronger signals.
---
### 💡 **Suggested Use**:
* Combine with **support/resistance**, **volume**, or **trend filters** for more robust setups.
* Works well on **1H, 4H, and Daily charts** in trending markets.
* Can be used manually or turned into an automated strategy for backtesting or alerts.
---
Would you like this script packaged as a **strategy()** for backtesting, or would you like me to add **alerts** so you can get notified in real-time when signals appear?
Cluster Proximity Table: Price, EMA20 & SMA200Spot significant confluence points at a glance! This script generates a dynamic table indicating if Price, its 20-period Exponential Moving Average (EMA20), and 200-period Simple Moving Average (SMA200) are tightly clustered across four different timeframes (5m, 15m, 1H, Daily). A green "✅ Yes" means all three are within a customizable percentage of each other, highlighting areas of potential support/resistance or market equilibrium.
High Volume + High Price Change Candles (Relative to Volume SMA)The indicator marks days on which high volume was accompanied by high price change. Important to see where there was aggressive buying or selling. The High and Low of these candles may act as crucial support/resistance price points for a better interpretation of the price action.
VWAP&5EMA📘 VWAP + 5 EMA Combo
This indicator provides a clean and modular framework for tracking key moving averages and VWAP levels. Ideal for intraday and swing traders, it allows full control over which components to display.
✅ Features:
Rolling VWAP – volume-weighted moving average over a custom period
Session VWAP – standard intraday VWAP
Daily EMA (D1) – from higher timeframe
Intraday EMA – based on current chart
5 Custom EMAs – fully adjustable and individually toggleable (default: 9, 21, 50, 100, 200)
🎯 Use Case:
Quickly assess dynamic support/resistance, confluence zones, and trend alignment across timeframes – without clutter. All lines are optional and independently configurable.
