This is a new take on Traditional Pivot Points. By modifying the calculations, we were able to create "pivot zones" with a decent degree of accuracy.
This script uses a combination of several daily and timeframe variables and Fibonacci turning points/ pivot points . It is efficient on all time frames Easy to overlay your favorite strategy Defaults are set to primary colors and work well with dark themes. Using the Support and resistance indicator will gather information on Pivot regions on all time...
This is an indicator of supply and demand ,It can provide the reference of supply and demand position for traders. First of all, I need to explain the components of the indicators in detail. 💖==========================================💖 Components of supply and demand zone: DBD:means Drop Base Drop RBR:means Rally Base Rally DBR:means Drop Base Rally RBD:means...
VWAP Alerts signal over bought/over sold conditions, relative to volume weighted average price, while deviation bands plot an extremely accurate point of mean reversion. VWAP Alerts V3 includes multiple timeframe selection, along with multiplier input for deviation band setting Alerts can be set for each individual band, for extreme oversold/overbought...
OANDA:USDJPY Ishiki Zone is drawn to the conscious price range and functions as a very strong resistance zone. The strength of the resistance band is indicated by color. The strongest is the red zone, the second strongest is the yellow zone, and the third strongest is the blue zone. In the vicinity of Ishiki Zone, create a chart pattern at the Day bar or more of...
Displays lines connecting past pivot high/low points with each line having the slope of a linear regression. This slope can also be controlled by the user with the 'Slope' setting. Each line can be used as a support or resistance by the user. Settings Length : Pivot length. Use higher values for having lines connected to more significant pivots points. ...
this study will plot yesterdays, high and low price, pre market's high and low price, regular day's high and low price and post markets high and low price.
This script is used to identify market structures, specifically RBR (rally base rally) and DBD (drop base drop) structures. A rally base rally structure indicates that the market has created a demand zone (can be interpreted as a support) while a drop base drop structure indicates that the market has created a supply zone (can be interpreted as resistance)....
Simple Script for getting alerts on the crossing of Upper & Lower levels either way. Good for Free users as they can only use 1 alert at a time. So this indicator will be useful to get alerts on both Breakout Or Breakdowns. Just add input Price manually and set alerts.
Script dedicated for Dax and listing all zones manually chosen and defined based on Dax observation. Script also allows to define offset that automatically recalculates zones, as original levels are valid for Futures Dax Contract. Levels of 14k and 13k are covered. Enjoy!
These are upgraded MasterChartsTrading Price Action Indicators with future projections --- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand. You can also think of these indicators as moving pivot...
Semi-Automatic Fibonacci Retracement for Free ver.1.0 It is an indicator that draws Fibonacci retracement semi-automatically. When you enter the starting price in "Start Price", a horizontal line is drawn up to the bar where "Open Price, High Price, Low Price, or Close Price" and "Start Price" match. Once the starting bar is determined, draw the Fibonacci...
Hello All - This is Daily Pivot (Fibonacci). Simple and very useful tool for traders. Show R5 to S5 levels. . Feel free to comment. Thank you.
In This experimental study, we've taken RSI data, Volume Profile, and Trend analysis, combining them into one unique package that will allow a trader to analyze market trend lines and their proposed channels, trend momentum through candle color augmentation similar to "Pulse", and Visible Volume index price levels on chart for the current sequence. Below are...
The FATS - Fibonacci Auto Trend Scouter automatically draws active trends from 2 different timeframes along with Fibonacci Support and Resistance levels. It also has a Sights feature for each timeframe which points from it's middle towards the current price. The tool is also highly customizable for you to take this indicator over 9000. If you like the tool and...
This is an example of how to reference higher timeframe data without the need for a 'security()' call. I have attempted to create the function example: f_insecurity() with the purpose of wrapping up and pumping out all common relevent HTF price data that's needed for your everyday indicators in a reliable fashion.
Usually all 52 bar scripts depend on weekly bars. This script makes it possible to apply the current time period. In addition, it starts from the previous bar so that the current day's bar is not included in the calculation which makes it easier to notice if the price is above the previous 52 bars.
The indicator is based on W. D. Gann's method of retracement studies. Gann looked at stock retracement action in terms of Halves (1/2), Thirds (1/3, 2/3), Fifths (1/5, 2/5, 3/5, and 4/5) and more importantly the Eighths (1/8, 2/8, 3/8, 4/8, 5/8, 6/8, and 7/8). Needless to say, {2, 3, 5, 8} are the only Fibonacci numbers between 1 to 10. These ratios can easily be...