Discretionary traders often use support and resistance zones that are based on past price action of the instrument traded.
This simple script is used to plot support and resistance zones for a given instrument. The data for the zones themselves has to be determined by the past price action of the instrument and are not based on the provided data by...
█ OVERVIEW
This script determines the proportion of bullish and bearish candles in a given sample size. It will produce an oscillator that fluctuates between 100 and -100, where values > 0 indicate more bullish candles in the sample and values < 0 indicate more bearish candles in the sample. Data produced by this oscillator is normalized around the 50% value,...
Multitimeframe Moving Averages. It shows MAs in up to 6 Timeframes (more sometimes timeouts on TV side), with future continuation extension. Fully configurable up to 3 lenghts per timeframe.
Supports different MA types and sources.
(My goal creating this indicator) : Provide a quick way to check the current momentum of multiple timeframes. The Smart Momentum Chart was intended to be a live trading tool that should be used when a trader has already defined his edge and no longer needs the past Momentum data.
The Underlying Concept
What is Momentum ?
The Momentum shown is derived from a...
Multi EMA - Saurabh
Multi EMA - Saurabh
Multi EMA - Saurabh
Multi EMA - Saurabh
Multi EMA - Saurabh
Multi EMA - Saurabh
Multi EMA - Saurabh
Multi EMA - Saurabh
Multi EMA - Saurabh
Multi EMA - Saurabh
This is just a script that combines 4 BB%B oscillators in one. It is useful for seeing multiple divergences on one graphic.
The default setting is the 1m time frame but, you can change it to 5m time frame and it will still work. You can see it on any CHART time frame and that was my goal when I made it. So, I don't have to switch back and forth.
I made this tool...
This script aims to encompass the style of Traders Reality, Steve M (BTTM), and Stacey Burke (youtube)
yesterday and last wk high and low
Custom watermark with examples (good for fullscreen multicharts)
can set it to show the year and week x of year
Colored candles for ays of week.
The theory behind these colors are that monday and tuesday set your...
Market Sessions Day & Candles JRA V2.0
This indicator will allow you to:
- Create boxes for the Market Hours for:
'♯1 SESSION TOKYO'
'♯2 SESSION LONDON'
'♯3 SESSION NEW YORK'
You will be able to change the Hours depending your TimeFrame
You will be able to extend the boxes for the Market Hours and Have Fibonacci Levels on it.
- With every one of it you can...
Hello All,
For long time I have been getting a lot of requests for Support/Resistance Multi Time Frame script. Here ' Support Resistance Channels/Zones Multi Time Frame ' is in your service.
This script works if the Higher Time Frame you set is higher than the chart time frame. so the time frame in the options should be higher than the chart time frame.
The...
Another indicator for you guys!!!
This indicator consists of the 5 key Fibonacci retracement levels, plotted automatically to user input settings. I also have included an auto support/resistance trend line generator.
What is a Fibonacci retracement?
'Fibonacci retracement is a method of technical analysis for determining support and resistance levels. It is...
Line Chart with circles as a subchart. The circle will appear only after the candle has been confirmed.
Things you can change:
- Source: open, high, low, close, hl2, hlc3, ohlc4, hlcc4
- Color: change the color of the line and the circles
have fun with it!
There are built-in and published Pivot Point High Low indicators in Public Library. As far as I see none of them show the breaking candles or the trend.
with the closing price crossing over the previous / current pivot high A bearish breakOut can either indicate the progression of a lower high pattern or a trend reversal
with the closing price crossing under...
FVG Fair Value Gap Indicator
FVG's commonly known as Fair Value Gaps are mostly in use for forex trading, however it’s been widely used in price action trading, even on regular large cap stocks. Think of it as an imbalance area where the price of the stock may actually be under/over valued due to many orders being injected in a short amount of time, ie . a gap...
...Mark Douglas in his book Trading in the Zone wrote
The longer the time frame, the more significant the trend, so a trending market on a daily bar chart is more significant than a trending market on a 30-minute bar chart. Therefore, the trend on the daily bar chart would take precedence over the trend on the 30-minute bar chart and would be considered the...
Triple cruce de la muerte se basa en un triple indicador con Medias móviles exponenciales que nos indica el inicio y fin de una tendencia cuando las medias rápidas cortan a las lentas. Este indicador está basado en la estrategia del triple cruce de la muerte de Corbacho
