All time Fibonacci RetracementThis script calculates and plots the All time Fibonacci Retracement of the chart.
It's based on the ATH (All Time High) and the ATL (All Time Low).
Made simple, you can choose which levels you wanna plot in the parameters menu.
Enjoy !
支撑和阻力
Volume Support & Resistance multi timeframe [LM]Hello guys,
I would like to introduce you volume support and resistance horizontals. It draws line horizontal on high and low high volume candles that has volume above volume MA for certain period multiplied by multiplier and also the volume is increasing from previous volume . You can select lines on this timeframe and/or another one.
The colors are dynamic depending whether price is below or above the line:
for the current timeframe green is used for support and blue for resistance
for the other timeframe by default 4h orange is used for support and violet for resistance
There are various sections in setting:
volume - here you can select SMA volume length and multiplier
show and hide section of the current timeframe
other timeframe
show and hide other timeframe horizontals
I'm mainly looking smaller timeframe and trading higher timeframe from level to level
Any suggestions are welcome
Pivot Support & Resistance multi timeframe [LM]Hello guys,
I would like to introduce you pivot support and resistance horizontals. It draws line horizontals on high and low high pivot candles . You can select lines on this timeframe and/or another one.
The colors are dynamic depending whether price is below or above the line:
for the current timeframe green is used for support and blue for resistance
for the other timeframe by default 4h orange is used for support and violet for resistance
There are various sections in setting:
current timeframe pivot setting
show and hide section of the current timeframe
other timeframe pivot setting
show and hide other timeframe horizontals
I'm mainly looking smaller timeframe and trading higher timeframe from level to level
Any suggestions are welcome
Position Size CalculatorThis is a script to make calculating position size easier. It calculates position size as a percentage of account balance and Risk/Reward based on input values of entry, exit, stoploss and shows the R/R box similar to tradingview's R/R tool. There is an option to toggle showing label and choosing of label text color.
Have to enter the following inputs in order for it to work properly
1. Account Balance : Account balance in either whatever is base currency of account
2. Risk % : Percentage of account balance to lose if stop is hit.
3. Entry
4. Stoploss
5. Target Price
Notes:
- Target Price is required for calculating R/R but is not necessary to calculate position size.
- Formula to calculate position size is : Balance * Risk % / SL %
- Formula to calculate R/R is : TP % / SL %
- SL % = ( Entry - SL ) / Entry * 100
- TP % = (TP - Entry ) / Entry * 100
Thanks to u/Chonky_ for help with feedback.
Noro's Trendlines IndicatorTo create the script I used the LonesomeTheBlue code. Thank him for his code.
The indicator shows trend lines. Up to three support lines (red) and up to three resistance lines (lime). There can be up to 6 lines at a time. However, most often there will be from 0 to 1 line. Trend lines may be extended to the right. For this purpose there is a checkbox in the setting. This is the way you may adjust line thickness.
For example, how to use
The indicator shows you the support line (red) and the resistance line (lime). If the line is crossed, the price may move a lot towards the breakout.
In a few days.
unRekt - CloseLinedThis script will show the "Fibonacci" Close levels for 9 inputs. Currently set from 8, 13, 21, ..., 377. These lines can then be used for Support and Resistances. Source and Inputs are adjustable.
Auto Analysis Short-term Reversals ExplorationAuto Analysis Short-term Reversals Exploration
Based on a study by Larry Lovrencic
Closing Price Reversals Automatic Analysis
Hook Reversals Automatic Analysis
Island Reversals Automatic Analysis
Key Reversals Automatic Analysis
Open/Close Reversals Automatic Analysis
Pivot Point Reversals Automatic Analysis
Support Resistance - Dynamic v2Hello Traders!
After the addition of "Arrays" to the Pine, I developed new and improved version of Support Resistance - Dynamic script as version 2. In this script Arrays were used. This can be used as Support Resistance tool, also it will be an example for the people who want to learn Array usage in Pine. Many thanks to Pine Team for adding Arrays!
The script finds the Pivot Points and check them in channels if there can be S/R or not, and draws mid line of the channel as S/R line. you can set number of PPs and channel width in the options. Each channel width is optimized dynamically according to Pivot Points. Also you can choose " High/Low " or " Close/Open " as source for Pivot Points.
There is an option for maximum number of S/R levels. S/R levels are found and sorted dynamically and number of S/R lines with enough strength changes dynamically.
Some other options for coloring and line width. (Solid, Dashed or Dotted)
S/R levels are shown in the Labels and Label colors are changed automatically, if S/R line is below the closing price then it's color is Green (as Support), otherwise its color is Red (as Resistance).
Examples:
Enjoy!
Smoothed CandlesHello Traders,
This is " Smoothed Candles " script to get rid of noises and to get a smoothed chart to figure out breakouts and price movements easily.
There are three scaling methods: User Defined, Dynamic (ATR) and Percentage
Optionally you can add 2 Simple Moving Averages and 2 Exponential Moving Averages
Optionally you can hide the Wicks, example:
You can add moving averages:
Easily find breakouts:
Enjoy!
NR4 & NR7 IndicatorDisplays narrow range candles.Can adjust the input value to any period to look back.Ideal to use in daily and weekly time frame. Look out for clusters of NR candles depicting volatility contraction, and subsequent volatility expansion can be look forward to. The code is written by Rounak ST of Trade with trend.
S&R study of different MAs and lengthsThis is a study on different moving averages across different lenghts to see which lengths or ma types have the most S&R action on them.
In the data window you can see the number of support and resistance instances for each length divided by the number of price crosses of the ma
Also you can see in time adjusted which % of the time that line acted as a S&R
Then it lets you select the best MA and length and see with the bar colors the areas where it behaved as S&R or when it didn't
Static + Dynamic LevelsShows static and dynamic levels which can act as support/resistance. These are important as there is a lot of users who are interested in buying/selling at these prices.
Static Levels include -
Daily/Weekly/Monthly/Yearly Open (changes color depending on if below or above price)
Previous Daily/Weekly/Monthly/Yearly Open
Previous day's High/Low
Dynamic Levels include -
100/200 Daily MA
100/200 Weekly MA
Dynamic Range here comes open source version of notorious JFT Indicator ( the indicator access you can get in some bucks ) on various telegram channels however they will not give code.
Now how it works
1. 2 ranges derived from indicator are supposed to be a consolidation zone and any close above or below is supposed to give a good move.
2. I personally consider it as may be addition to price analysis. ( i don't believe much in indicators,even simple MA gives fruitful results when there is good move in market )
3. Range can be drawn on chart with various resolution ( Daily/Monthly/Weekly )
PS: I coded myself based on data analysis shown by access only indicator. In case you use it for your publication don't forget to give credits.
Thanks,
daytraderph
GMS: VWAP with Percent BandsThis is a pretty straight-forward script. I just wanted to see percent bands around the VWAP after looking at the standard deviation bands for a while and even dabbling with keltner channels. This is the cleanest in my opinion. The script is open so feel free to poke around!
The default settings are below, just to confuse 0.25 with 25%.
0.25 = 0.25%
0.5 = 0.50%
0.75 = 0.75%
PS - it's not multi-timeframe yet. That'll come in the next update.
Hope this helps,
Andre
Williams Fractals with Alerts by MrTuanDoanCustom William Fractals for alerts and educational purpose.
Added custom alerts for Williams Fractals.
Also added filter to show less fractals on chart.
The simple idea how I use fractals in Binary Option is to determine temporary resistance and support.
Simple strategy:
- Mark Resistance/Support on higher time frame (e.g. 5M)
- Set an alert for new fractal
- Whenever a new fractal that appears close to your marked Resistance/Support, go to lower time frame (e.g. 1M)
- Wait for rejection at the level that lower than new down fractal (or higher than new up fractal).
- Enter with the same expiry of lower time frame.
Good luck and happy trading. :-)
Ichimoku Kinko Hyo - mtf clustersThis script can show mtf-clusters from higher time frames. Tenkan-sen, Kijun-sen, Senko-span A and Senko-span B are displayed in the current time frame from higher time frames (the range is from 1 minute to the monthly time frame). Sometimes these levels form clusters that act as strong levels of support and resistance.
Pink panther It is a simple indicator, you can use it with all time frames. So the pink line present the last high potential area that price try to breakout , and to use it you must consider three main things :
1- price on your time frame above Ichimoku cloud.
2- RSI above 50.
3- MACD crossover.
how to execute your order?
when price break the pink line and close 1 minute candle .
MinMax(20,50,100, 200)Draws minimum and maximum prices as a line chart for four different time frames.
1) The last 21 bars (close price)
2) The last 50 bars (close price)
3) The last 100 bars (close price)
4) The last 200 bars (close price)
Min/ Max values usually provide important resistance/ support levels.
SessionsThis is an advanced level sessions indicator.
Not so much an indicator, more of an auto way of plotting levels rather than drawing levels by hand every day.
It maps out the London and New York Sessions.
It also maps out the closing time and price for future reference.
Daily high and low of the past few days are laid out.
Each setting can be turned on and off in the settings if you don't require that session info.
The time settings are setup according to NY time. It should work straight without any modifications.
If you are a price action trader using sessions, this indicator will help you track price movement between sessions and give you possible support and resistance levels based on the previous session close.
This indicator does require allot of sessions based trading knowledge but if you understand it, it can be of major use to you.
Best used on GBP and USD currency pairs
Best timeframes 5Min - 1Hour
Best trading style would be day trading
RK's 10 ∴ MA Types Ribbons (Fibonacci, Guppy and others)After some tips in my indicator
RK's 04 - Lots of MA Types Ribbon I Put some time and effort to make it better.
So, I'm sharing with you the results.
This is an up to 10 lines Moving Average Ribbon with an Auto Evaluate Length and a lots of options!!!
Type of Moving Average you can use:
SMA - Simple Moving Average
SMMA - Smoothed Moving Average
EMA - Exponential Moving Average
DEMA - Double Exponential Moving Average
TEMA - Triple Exponential Moving Average
WMA - Weighted Moving Average
HMA - Hull Moving Average
EHMA - Exponential Hull Moving Average
RMA - RSI Moving average
2PSS - Ehlers 2 Pole Super Smoother
3PSS - Ehlers 3 Pole Super Smoother
VWMA - Volume-Weighted Moving Average
ALMA - Arnaud Legoux Moving Average
STMA - Simple Triangular Moving Average
ETMA - Exponential Triangular Moving Average
LSMA - Least Squares Moving Average
ZSMA - Zero-Lag Simple Moving Average
ZEMA - Zero-Lag Exponential Moving Average
COVWMA - Coefficient of Variation Weighted Moving Average
COVWEMA - Coefficient of Variation Weighted Exponential Moving Average
FRAMA - Fractal Adaptive Moving Average
KAMA - Kaufman's Adaptive Moving Average
VIDYA - Variable Index Dynamic Average
If you want to change faster the MA type, in "Moving Average Setup:", Select "🤖 Use numbers to change MA Type", click inside the box in "🤖 Moving Average Type per Number:" and just scroll your mouse wheel. You can check what MA type you are using looking in the info panel label.
There is 4 automatic evaluate length:
Fibonacci Sequence
Arithmetic Progression
Geometric Progression
Guppy Multiple Moving Average (GMMA) without Lengths 03 and 05
And I already put a Manual Length, but I keep it inside the code, so if you want to use different lengths, just change the code, or ask me and I will put as an input.
And attending a request, this indicator can creates alerts when all the colors of the ribbons changes.
Hope you like it!
Any other good idea, just send me.
ICT - high low indicatorthis script is for new traders who are now getting into ICT trading, simply turn it on and it marks the previous 3 daily highs and lows, 3 weekly highs and lows, and the 3 monthly highs and lows.
Price breaksThis indicator displays the High/Low/Close of the previous day/week/month as horizontal lines. Of course, everything is configurable but to keep it simple and non-intrusive it only displays:
month's H/L/C levels on D time frame (drawn as circles)
week's levels on 4h (as crosses)
day's levels on 1h (as line)
These levels act as support / resistance over and over again, see current (08/24/2020) BTCUSD chart, the previous month's close (blue circles) did act as support and held on 08/11, also prev month's high (red circles) was not broken on 08/21. Once these levels break we might see lower prices but so far both of them act as good support to consider.