This is Dynamic Support / Resistance script.
How it Works?
It finds Pivot Points and creates channels for each Pivot Point. Channel size is calculated by (Highest - Lowest) * %Channel_size in Loopback Period. After creating channels it calculates that how many Pivot Points in the channels. more Pivot Points in channel means stronger Support/Resistance. in the...
This is a 16-color version of our previously published Color Gradient Framework - PineCoders FAQ, which provided the same functionality, but with 10 gradient levels. The additional shades provide better transitions and do not impact speed much.
The framework:
— Allows the selection of one of 3 color schemes, each containing a pair of bull/bear colors.
— Generates...
This simple indicator gives you a bias on the market that can be used as a filter, an entry indicator for pullbacks,...
Enjoy!
JD.
#NotTradingAdvice
#DYOR
Envelop - Multi Type displays an upper envelope above a basis line and a lower envelope below the basis line. The basis line is a type of moving average, The envelopes are set a percentage away from the basis line.
A. Basis Line's Type
1. Gaussian Filter script by Alex Orekhov (everget)
2. SMA
3. EMA
4. TEMA
5. WMA
6. VWMA
7. DONCHIAN
8. Hull MA
9. ALMA
B....
