This indicator shows classical resistance and support levels which retraced the chart lately. Notice that the condensed lines laying close together are showing an area of support and/or resistance.
But after all, it was a tedious work creating this indicator because like I've already said, pine script is a very odd and weak language which does not have many...
Построение уровней поддержки и сопротивления на основе метода Герчика.
Основной график для анализа дневка D1 и H4
Рекомендуется использовать на один инструмент одновременно D1, H4 для определения покупателя и продавца на поведение:
- Ложный пробой уровня
- Отскок от уровня
- Пробой уровня
These are levels based on volume. The idea is that candles of high volume a higher amount of traders with active long/short positions to either close out, protect, or add to.
A stack of red candles means that area is a point of interest, similar to a VPVR POC.
Thanks to the developers for adding arrays to TradingView. This gives you more freedom in Pine Script coding.
I have created an algorithm that draws support and resistance levels on a chart. The algorithm can be easily customized as you need.
This algorithm can help both intuitive and system traders. Intuitive traders just look at the drawn lines. For system...
Gives you the OHLC levels of the weekly and daily candles as levels in whatever timeframe you're on so you can have a macro view in lower timeframes without having to switch timeframes constantly.
You may toggle the visibility of all the daily or weekly levels as well as each individual open/close/high/low.
The line styles and colors are customizable.
This script is an attempt to display Fibonacci Levels in Auto Mode.
It allows for:
Select Higher Time Frame (HTF)
Indicate How Many Bars from HTF to Use to Find Highs/Lows
Manual Mode: Overrides HTF selections
Number of Bars Back to use in Manual Mode
Show/Hide each one of the Levels
Contains all past levels that we need
1. Previous Monthly High
2. Previous Monthly Low
3. Previous Weekly High
4. Previous Weekly Low
5. Previous Daily High
6. Previous Daily Low
7. Previous Monthly Range Average (PMH+PML)/2
8. Previous WeeklyRange Average (PWH+PWL)/2
9. Previous Daily Range Average (PDH+PDL)/2
10. Monthly Open
11. Weekly Open
12. Daily Open
This is combo strategies for get a cumulative signal.
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
Plots the standard deviation resistance/support levels.
Input the previous settlement price and the implied volatility.
credit to u/UberBotMan and u/Living_Granger for the idea and formulas
(preview example is using settlement of 2420 and IV of 11)