Set the maximum data points to look back for a support resistance line, then set the pivot point threshold and your off to the races. Very effective solution to have your support resistance points automatically show up on your chart. A good tip is to include 2 or 3 of this indicator on your chart with varying levels of degree for support and resistance...
This script will show lines of support/resistance in each period you set (default is 1week). It shows 6 levels with the difference you can set too (default is 5%). The reason why I set default as 5% because as I notice the market will get bounced when it reach 5% up/down and hold that level for some time before it start moving up/down again. Hope this script will...
The indicator attempts at automatic detection of support and resistance levels by identifying large swings/pivots in historical price action. These tops and bottoms in price action show where lots of buyers or sellers came into the market and might act as future levels of support or resistance. By default, the code detects the last 3 significant swing highs and...
THE BEST FOREX, BINARY OPTIONS, STOCK AND CRYPTO INDICATORS FOR TRADINGVIEW.COM Our auto-trendlines indicator and our support and resistance zones indicator with Fast and Slow EMA's all combined in one! TrendLines Trendlines when drawn properly make an excellent tool for traders. Used improperly though, they become ineffective and even...
Just Support and Resistance for LTF/HTF trading.
Monthly and Yearly only What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is...
Indicator returns an average of 5 SMAs. an interesting point that I have noticed that the price has several times reacted on it. Note 1: Do not just use this as a criterion for buying and selling, use as one more aid. Note 2: It is possible to leave in the chart all the averages, if you feel it...
Volume Area Profile (Индикатор горизонтальных объемов) Данные введены для графика GC!- Futures Gold - Дата: 20 мая 2019 Индикатор интегрирует данные полученные Вами после анализа кластерного графика объемов цены и строит зоны профиля объемных уровней поддержки и сопротивления Необходимо отредактировать входные параметры: Resistance_max - верхняя граница зоны...
Automatic Fibonacci Support and Resistance derived from the recent Average True Range. This tool is used as a guideline for where mathematically evident support and resistances are estimated to be. Unlike typical methods, this will adjust as candles print and the ATR expands or contracts assisting the user in ensuring realistic price targets relative to the...
Automatic Adjusting Fib Support and Resistance Adjustable Candle Length Average True Range centered on the 34 MA Fibonacci Support and Resistance lines for all timescales on all instruments. **These lines do move as candles print adjusting slowly to the changing ATR. This generally should indicate the realistic expected move for the current time frame.
This simple script draws the previous higher timeframe candle high/low to your chart. You can also make the script paint the zone between the low/open and the high/close.
This indicator plots a Pivot Point and 3 Support and Resistance lines that automatically adapt to the Timeframe These can also be plotted against a Custom Timeframe
Support & Resistance Zones clearly draws some useful S\R zones for you. Important notes: It's not bulletproof and unmistakable but it may be so useful to get some strong zones. You may get false or missed levels, So always check for other levels. Always draw the continuation of previous levels by hand. It's a must! I didn't continue the zones to keep...
This strategy Automates Support and resistance trading and a tight trailing stop loss technique. The support and resistance levels are calculated from previous highs and lows; these levels are used to make two types of trades: 1. Break out trades, taking a trade if the market is able to push through a support or resistance level. 2. Liquidity pool rejection,...