This is a custom Tradingview indicator that automatically plots descending trend lines above price bars. It will alert when the price closes above the trend line. The concept is straightforward: the trend line is formed by two adjacent peaks when the price is in a downtrend. It will save a lot of time for people (just like me) who uses trendline often. By...
# Faster Loading # Improved Calculation Indicator for IntraDay to Short term Trading (3-5 days), Green Signal = long, Red = short, Use Support Lines and MA for Entries and OB/OS Squares to book profits. Best Applicable in 5 min chart for IntraDay to Short term Trading... Reference Images to Use Effectively...
This is another indicator in my Pivot level series. This one automatically draw Fibonacci levels based on the previous day's lowest (0%) and highest (100%) values, similar to a Fibonacci retracement. Manual TimeFrames can be given, it is just a text string though and is not checked, so needs to be a valid resolution eg: 60, 120, 240, 360, 480, 720, 1D, 1W, 1M, 2D,...
This study is a variation of my "Automatic Daily Fibonnacci" indicator. This variation automatically draw Fibonacci Pivot levels (or optionally Classic Pivots) based on the previous day's highest and lowest points. The HLC3 is used as the default Daily Pivot level. Unlike the "Automatic Daily Fibonnacci", this indicator does not redraw/update levels on current...
Hello Traders...! Yet another indicator from myself following to my previous indicator "FIRST-5-MINUTES-ZONE-AND-HI-LO-BRKOUTS", this is TO IDENTIFY INTRADAY REVERSAL ZONES...!!! - It works on any time frame - along with those zones i have added two more lines Red and Green which will be used as Intraday Resistance and Support lines . - Pls donot...
The golden ratio is also called the golden mean or golden section. It has been used to analyze the proportions of natural objects as well as man-made systems such as financial markets. The mathematics of the golden ratio and of the Fibonacci sequence is intimately interconnected. The Fibonacci sequence is: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377,...
Cueing Off Support And Resistance Levels, by Thom Hartle The related article is copyrighted material from Stocks & Commodities. You can change Time Frame in the settings: Monthly, Weekly, Daily
Cueing Off Support And Resistance Levels, by Thom Hartle modified by HPotter for trade signals. The related article is copyrighted material from Stocks & Commodities.
This script is identical to: but it hasn't the multi-resolution functionality, which sometimes happens to be very glitchy
Simple support and resistance areas. The threshold parameter determines the sensibility. It works better if volume data is good. Remember to refresh the script once in awhile when applied to lower resolutions. //std1243cf0
Description This study project is a Scalping Pullback trading Tool that incorporates the majority of the indicators needed to analyse and scalp Trends for Pull Backs and reversals on 1min, 5min or 15min charts. The set up utilies Heikin Ashi candle charts. Incorporated within this tool are the following indicators: 1. Major industry (Banks) recognised important...
This works only on charts with real volume...if it does work
By request, some more of the levels that I like to see. I find that this works well on gold and crude oil the best. Stocks and ETF's sometimes have weird bars in after hours, and this sometimes destroys the week's levels. Any non liquid jump and back bars will likely not be tolerated by the study and ruin its data. The indexes sometimes work, but I find that...
The Swing indicator will plot dot lines that represent the swing points based on the swing length input(number of bars to the left and right of the swing point). Swing highs and lows can be used by traders to identify possible areas of support and resistance, which can then be used to determine optimal positions for stop-loss or profit target orders. If an...
For my second share, I give you some levels I look at everyday for the ES minis. HLC/3 of the MTF (multi-time-frame) inputs = mean and Fib-levels formed as support and resistance zones. There are some websites that will show you 20 ways to figure out a pivot for the day's intraday workings, and this one always rang true for me. I keep it set at Res=D and...
With this support and resistance indicator, if you want more levels just change the timeframe it looks at in the settings. It will pull the SR levels off the timeframe specified in the settings. Note: SR1 and SR2 timeframe should match.
This update is a correction on the way the Fib Zero line is calculated. Previously it was just based on the source of the previous day, which is Ok as long as the Fiblength was set to 2. The new version calculates the Fib Zero from the average of the specified source over the Fiblength, so if Fiblength is now something other than 2 the Fibonacci Zero and other...