Imbalance, this is a zone / gap created when the price move with force in a given direction. It identify a zone where the price could. potentially go back. This gives perfect targets for your trades. This indicator is created to find the imbalances when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's...
Uses daily average ranges of 5 and 10 (most used) as support and resistance areas - half ranges used in calculations for a more accurate "forecast" of the H and L . experimental FOR EDUCATIONAL PURPOSES ONLY. NOT A TRADING RECOMMENDATION
Congestion zone include at least 3 candle sticks that the next candle has an opening and closing price within the previous candle When the price returns to the congested zone there is a possibility of a reversal The congestion zone is used as a support-resistance area and is used by price action traders. This script will highlight congestion zones, this will help...
This is a great indicator to use when following the trend. If the indicator line moves ABOVE +200 then you are in a STRONG trend until it moves back BELOW -200. Watch the indicator bounce of the 50 line and continue in the direction of your trade.
A better version of the Fibonacci Pivot Points . I added 100, 138, 161 and 200 support/resistance pivots , lookback function and now you can use daily/weekly/monthly/yearly fibonacci pivot points .
I. How to use this indicator : ------------------------------ I.1. Set your teadingview theme to dark theme. I.2. Gammaprod indicator is valid for forex, stock and but more valid for crypto. I.3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h...
This indicator combines two features: VWAP bands for range trading and trends for trend-following. The white bands offer support/resistance levels ideal for range trading: short when rejecting off the upper band, long when rejecting off the lower. Take profit either when hitting the (faint gray) midline and/or when hitting the band on the far side. The trend...
VWAP - Volume-Weighted Average price (VWAP) The script draws Daily VWAP for Nifty , based on Futures Volume or underlying Index Stocks based on user input NIFTY INDICES IS WIEGHTAGE OF 50 STOCKS AS DECIDED BY EXCHANGE. NIFTY VWAP CALCULATES COMBINED VWAP OF THESE 50 STOCKS AND GENERATES VWAP FOR NIFTY It works with BANKNIFTY as well. Please change the...
This script is based on Pivot Point Standard and is intended for educational purposes only. "Pivot points are a technical indicator that is used to determine the levels at which price may face support or resistance. Pivot Points indicator consists of a Pivot (P) level, several support (S) and several resistance (R)." You can view the Daily timeframe -...
Support and Resistance Multiperiod (Zig Zag Based) What is the indicator? • The indicator is a multi period (up to 5 lengths) Support and Resistance indicator calculated based on Zig Zag. Who can use? Scalpers to Long term investors What timeframe to use? • Any timeframe What are the lines? • Green lines are Support levels. • Orange lines are...
This script is developed for Nifty on 15mins timeframe intervals. It is purely developed on CCI, RSI and SR (Support and Resistance) Don't use this script results for trading purpose. Use this as an study purpose
In Trading, Objectivity Trumps Subjectivity “Every trader is a steaming hot bowl of bias stew and must maintain self-awareness and lucidity behind the screens as the trading day oscillates between boredom and terror.” The above quote is from a good friend of mine and veteran FX trader Brent Donnelly. It completely nails the biggest challenge for new and even...
Hello Everyone. This is my first script on TV, hope you find it useful. How it works? - On each bar it finds last x (depending on your settings) higher and lower Pivot Points ( PP ). - It searches for possible trend line from oldest PP to newest, once found it stops and draws the line. - The higher the time frame the lower the number of PP needed. Play...
This indicator is available in the 1 hour chart. The Stochastic value of 1 hour of 3 types of length was requested, summed, and then the value was derived. The blue line is the K and the orange line is D of the Stochastic. The default is Stochastic, but when RSI is selected in the settings, it can be viewed as the relative strength index of the Stochastic. ...
Oftentimes, intraday trendlines that are started at specific times, e.g. 8:00am or market open 9:30am, are well respected throughout the trading day. This indicator draws up tp 3 intraday trendlines that are anchored at user defined times, respectively at the corresponding candle's high and low points. From there, the line*s xy2 are connected in a way that all...
Jurik-Filtered, Gann HiLo Activator is a Gann HiLo activator that has been smoothed using Jurik Filtering to reduce noise and better identify trending markets. What is Gann HiLo The HiLo Activator study is a trend-following indicator introduced by Robert Krausz as part of the Gann Swing trading strategy. In addition to indicating the current trend direction,...
Intra-variety Timeframe Floating Fibonacci Levels is an intraday, intraweek, and intramonth indicator to be used for scalping on lower timeframes. The indicator paints the developing fibonacci retracement levels as they change overtime over the selected intra-variety timeframe chosen. This indicator acts as another way to gauge support and resistance levels. ...
Waddah Attar Hidden Levels is a dynamic indicator of support of resistance built by Ahmad Waddah Attar Details -Uses data from the Daily time frame only -Used for intraday trading, restricted to timeframes 1 hour and below -Best Time Frames 15, 30, 60 minutes -Draws support and resistance lines on chart inside a boundary of fibonacci levels How to use...