Gann Toolbox V1.5Gann ToolBox V1.5
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This script is meant to save you a lot of time plotting your Gann Boxes and Cycles correctly and accurately.
It allows you to scale your boxes and square them based on $ per degree.
It includes a few default cycles already built into into and an advance mode that lets you box the box anywhere you want through any time period you want.
You get the 1:1, 1:2, 2:1 Gann fan angles at each corner of the box and some additional angles at the midpoint to give you a complete star formation.
Using the Advance mode you can also adjust the length of your custom cycle and the global height increments. Default is 360degrees.
You can also play with offset values for your cycles.
That's not all, you also get to plot your horizontal lines between each cycle at an increment of your choosing.
Using this script you will be able to plot any cycle you want with a few clicks. And get your planetary lines and cycles quickly.
This script work with all the assets correctly and beautifully
Examples :
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This script comes with "Gann Seasonal Dates" as an add-on if you decide to purchase it.
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My contact information are available and listed below.
Enjoy!
Pontos Pivô
Excellent ADXThe Average Directional movement indeX (ADX) is an indicator that helps you determine the trend direction, pivot points, and much more else! But it looks not so easy as other famous indicators. It seems strange or even terrible, but don't be afraid. Let's understand how it works and get its power into your analysis tactics.
In the beginning, imagine a drunk man goes through a ladder: step by step. Up, up, down, up, down, down, up...
How can we understand which direction he goes? Exactly! We can count the number of steps in each direction. In the above example, in the upward – 4, in the downward – 3. So, it looks like he goes in an upward direction.
The ADX indicator counts the same steps, but for price. The size of each step equals 1 ATR for "DI Length" candles. On the indicator chart, we have the green and red lines. The green line represents a number of steps upward. The red line shows one downward. When the red line upper green, then the price goes below, then the trend is directed down. Later the green line comes above the red one, and then the trend changes the direction to upward. Wow? After that, you can easy detect the trend direction on the market!
But it is still not the end. On the chart, we also have the fat blue line. This is the ADX line, and it represents the power of the trend. It is calculated from a distance between the green and red curves. The ADX line value grows if the distance is increased. If the movement is really powerful, then a number of steps into a direction much more prominent than one in an opposed direction. Then the blue line grows faster. But if the growth has stopped and the blue line turns back or already had changed self-direction, then it is a signal that the trend has ended too. It's an excellent sign to close the position (but not always). Easy? Not quite. Thresholds help you there. The indicator has two additional parameters: upper and lower thresholds to evaluate the trend-over signal strength. An u-turn of the ADX line above the upper threshold sends a strong signal. If one occurs between both thresholds, it is a bit weak signal. But if the blue line goes below the lower threshold, it looks like there is no trend, and the price goes side. We can also say that the price goes side when the ADX value gradually falls down.
The Excellent ADX indicator helps you catch pivot/pullback signals based on green, red, and blue lines. Each such signal is highlighted as a green (buy) or red (sell) dot on the plot. The size of the dot represents the strength of the signal. You can also check the position of green and red lines from each other to determine the trend direction and the place where it has been changed. The Excellent ADX indicator helps you there too. It highlights the trend direction by the background-color, so you'll never miss it! The Excellent ADX good compliance with the Price Channel indicator built for the same length. You can use them together to be on a trend wave always!
Pivot Support / Resistance Finder [JV] Hi Traders,
this is the result of the many feedback messages I received about this first draft of this script. It has significant updates:
The use of Arrays.
Using PineCoders Coding Conventions for Pine: www.pinecoders.com
Display up to 6 Support / Resistance levels.
Line colors and Labels change according to their status (Support or Resistance).
Moved Labels to the future for better overview of the Prices / Levels.
There are many configurable options. Feel free to explore them all.
If you should notice a bug or something of a kind, feel free to contact me.
All feedback is very welcome as well.
Request might be considered but don't take them for granted please.
Pivot Points
Pivot Points are considered to be levels which may become significant levels (Support / Resistance) in the future. They can be interpreted in various ways, but fact is that price, when it comes close to a previous Pivot Point, can mess with your head. Prices often returns to previous Pivot Points, more than once even a few times, as shown below.
I hope you find this useful.
Happy Trading!
Heiken Ashi Pivot Breakout Trailing StopThis is a heiken ashi pivot based trailing stop for breakout entries and exits. It's possibly related to the Swing Index System by Welles Wilder or an alternative to it that I came up with, in case determining the swings on the Accumulative Swing Index is too much of a burden. It is believed that the ASI uses the calculation of heiken ashi in its formula. This does not use the ASI as a bottom indicator in the chart but instead uses the heiken ashi bars on the top of the chart to objectively find the swing pivots . These swings pivots act as support and resistance and can be used to confirm the start of a breakout or the end of one.
Suppose you find a chart pattern or setup, such as divergence or a pennant in the RSI , a pattern on the ASI, and/or on the chart, or the end of an elliot wave , etc and want to confirm a strong breakout and ride it to the end. Many trailing stops won't be able to confirm the beginning or would last too long or not long enough to exit out of one. On an uptrend, when the price breaks below the last swing low pivot , it can confirm the end of the breakout. On a downtrend, when the price breaks above the last swing high pivot , it can confirm the end of the breakout.
This trailing stop is not meant to replace trend following ones. The swing pivots can vary yet the price can still continue at an uptrend whereas this heiken ashi pivot based trailing stop exits as soon as it goes above or below the last resistance point. These swing points can end up being too close for trend following but can work well for breakout trading. The bigger the chart pattern or breakout, the more reliable the exit signal will be in my opinion. This is an experimental idea that I came up with from trying to interpret the ASI.
Evan Cabral's Quarter Theory by MrTuanDoanThis indicator is based on Evan Cabral's Market Timing Strategy.
In Binary Option or High Frequency Forex (HFX), it's very common to see the market make reversals at hours and half hours.
This indicator just simply draw vertical lines at each quarter of the hour.
You should change the color and opacity to fit your chart style.
With this indicator, you're going to know when to positions yourself with more accuracy on trade setups.
Note
It works best if you take your reversal trade at the top of the hour using your other (overbought/oversold) confirmation using RSI, Stoch RSI, DMI, etc.
It works better if you take your trade at resistance/support zones
You should pay attention to the direction the market is going before the hour (or half hour) and looking at how the direction changes going into the hour or after it.
Please backtest before taking real trades
Pivot Support / Resistance Panel [JV]Hello Traders,
First all of thanks to LonesomeTheBlue for making me grasp arrays, a wonderful addition to Pine Script.
This indicator uses arrays to find Pivot Points and mark them as Support / Resistance.
It displays an info panel with the latest values.
This code was written using the following standards:
• PineCoders Coding Conventions for Pine: www.pinecoders.com
Configurable options:
Up to 6 Support / Resistance Levels.
Pivot Lookback Period.
Panel Color.
Text Color.
Panel Offset.
Panel Size.
Enjoy!
GBTC Fomo Panic PremiumIt is rumored that GBTC price action leads the Bitcoin market. This indicator compares GBTC fomo/panic levels to the (Binance) BTC spot market. Fomo is measured as large percentage moves of the high price from the min over a look-back period. Panic is measured as large percentage moves of the low price from the max over a look-back period. A prime example of this indicator's usage would be as a sell signal confirmation during the 2020 pre-Thanksgiving panic exhibited on the 1-hour chart while the 20 EMA was still above the 99 SMA.
You can customize the leading and lagging markets and the length of the lookback period. I would love to hear what parameters, markets and timeframes work for you. Maybe there is a way to leave comments, or hit me up on Twitter: @thirdreplicator
May you profit and enjoy.
Previous Period High-Low-MidThis indicator is unique in that it also shows you the Mid price level for the previous period.
For intraday chart time period, you can see the previous day and week H, L and Mid.
For daily chart time period, you can see the previous month H, L and Mid.
Parabolic Peak Indicator
This indictor combines the concept of Bollinger Bands with a Sharpe Ratio calculation. The period used for calculation and the band widths can be adjusted. This was developed to be used on BTC and is best used on the weekly timeframe (with settings 20, close, 1, 2, and 3.2) although it can be used on any timeframe and the period used can be changed to compensate. For example, if you would like to view the chart on the daily timeframe for the use of other indicators but would like to view this on the weekly you can multiply your period by 7 to compensate (settings 140, close, 1, 2, and 3.2).
It is best viewed with bars rather than candles. Bars closing above the nominal green line are colored green. Bars closing below the nominal green line are colored red. Peak values of bars exceed the upper band they will be colored fuchsia, indicating the price may be nearing a peak high. When minimum values of bars fall below the lower band they will be colored lime green, indicating the price may be nearing a capitulation low.
Observations:
-First and foremost, market trend is indicated by the general bar colors (green/red).
-Different bands act similar to support and resistance during shorter timeframe price action.
-The farther price is away from the nominal green line the more you are over/underpaying for the asset based on the Sharpe Ratio.
-On BTC the indicator acts fairly reliably but different multipliers may be needed at different historical levels of maturity of the asset.
-Aside from detecting parabolic peaks, when price triggers a signal during an uptrend you will very often see an opportunity to buy at that price again at some point -in other words price will eventually normalize and give you another opportunity (much like filling gaps).
-After a significant consolidation period large moves can set off the high or low signal (fuchsia/lime green) as price expands into a new regime after the consolidation. These signals should be viewed as the establishment of a new trend direction rather than an indication of a true high or low.
Pivot Points (Daily, Weekly, Monthly)Pivot point: P = (High + Low)/2
First support: S1 = Low
Second support, S2 = Low - 2 * (High - Low)
First resistance: R1 = High
Second resistance, R2 = High + 2 * (High - Low)
White Line: Pivot Point
Gleen Line(Thin Line): Support 1
Green Line(Thick Line): Support 2
Red Line(Thin Line): Resistance 1
Red Line (Thick Line): Resistance 2
You can adjust it to daily, weekly or monthly indicators, daily for intraday trading (1minute, 1hour etc.), weekly and monthly for day/swing trading, monthly for weekly trades. I plot the graph with steplines since I think they can show the differences of pivots from time to time more clearly, you are free to change to other plot styles like circles or regular lines if you want to. Please like this script, and let me know any questions, thanks.
[JRL] MM FibonacciThis is a new indicator that uses Murrey Math formulas to find the tops and bottoms, then uses those tops and bottoms to draw long-term fibonacci retracement levels. The genius of Murrey was his geometric formulas to calculate the right place to start plotting the lines, but I think the fibonacci ratios typically seem more accurate than the MM line ratios. So in this script I attempt to take the best of each and combine them into a new, superior indicator.
Let me know in the comments if you find this useful. Cheers!
Moving Averages as Support Resistance MTFHello Traders!
As most of you know that Moving Averages with the lengths 50, 100, 150 and 200 are very important. We should use these this moving averages to figure out S/R levels, the possible reversals points, trend direction etc. we should check these moving averages on Higher Time Frames as well. for example if you look at the chart with 5mins time frame, you should also check it in 1hour and 4hour time frames to see to big picture and main trend. this is important as trend is your friend and you should not take positions against the trend.
I developed this script to show them clearly and make the chart understandable. 1 resistance line above the price and 1 support line below the price, it shows the moving average type, length, time frame and S/R level.
You have option to show SMA or EMA and to include/exclude current time frame, because you may want to see only MAs from higher time frames. you should set higher time frames accordingly.
if you add all moving averages for current and higher time frame the chart looks very crowded as following example:
The script makes it clear to understand the chart better, here an example:
It can show when S/R was broken and you get alert. here an example:
You have coloring and style options, you can change line style and colors as you wish:
Enjoy!
[JRL] Murrey Math LinesMurrey Math Lines are support and resistance lines based on geometric mathematical formulas developed by T.
H. Murrey. MM lines are a derivation of the observations of W.D. Gann. Murrey's geometry facilitate the use of Gann's theories in a somewhat easier application. According to Gann's theory, price tends to trend and retrace in 1/8th intervals. The most important MM line levels are the 0/8, 4/8 and 8/8 levels, which typically provide strong support and resistance points. The 3/8 and 5/8 levels represent the low and high of the typical trading range. When price is above the typical trading range, it is considered overbought, and when it is below it is considered oversold. The 2/8 and 6/8 levels provide strong pivot points.
Some of the other Murrey Math indicators on TradingView use different formulas and therefore produce varying results. I've checked my indicator against MM indicators on other platforms and it is consistent with those indicators.
This indicator also allows users to switch to alternative timeframes for analysis and it includes labels for the MM lines. If you have any suggestions or comments, please leave them below.
Cheers!
Pivot Support and Resistance Finder [JV] V2Dear Traders,
This script is a follow-up to my previous Pivot Support and Resistance Finder.
After so many positive feedback, for which I thank you all, I started rebuilding it to implement some requested features.
The biggest change is that by default, the indicator now shows zones instead of lines.
Support Zone: from low to close
Resistance Zone: from close to high
I removed the 5 lines, instead showing the most recent levels and the forming (fast) levels.
However, if you change the occurrence in the options, you can still see previous levels:
0 = Current Level
1 = Previous Level
2 = Level before the Previous Level
...
More important configurable options:
Pivot Length
Pivot Quick Length (used to draw forming levels
Option to draw using bar closes, wicks or both (area)
Hide / Display to forming level
Show past levels.
I hope this is clear enough.
For any questions, remarks, suggestions, feel free to contact me.
Happy Trading!
Daya LilinI calculate the momentum of each candle and separate it by color with a different tone.
The darker the color, the stronger the candle. Easy to know fake breakout, strong breakout, and momentum of trend continuation.
also, there is a pivot point to easily determine the nearest support and resistance .
lastly, there is some rsi and shadow ratio to determine possible overbought and oversold entry.
p/s: donate sikit coin or bank in haha
Confluence of Indicators and Signals v1 skvWhy this script
This script will display the buy or sell signals received from indicators, super trend, adx, rsi, macd, sma, and floor pivots along with some tweaked calculations and fixed numbers. This is useful for beginners who want to study the signals and timing to practice. This script is created for educational purpose and can be used for intraday scalping with 5 minutes time frame only after the signals are understood clearly.
How to use
Strong Buy - when series of buy/long signals generated by indicators, bright green up arrow indicates momentum/strength
Strong Sell - when series of sell/short signals generated by indicators, bright orange down arrow indicates momentum/strength
Exits - use the pivot lines, or the RSI-LX, SX exit signals. Also combine with Bollinger Bands to understand the exit points.
Look for reversals at pivot resistance and support.
Disclaimer
1. Only for educational purpose
2. Intraday scalping strategies only and on 5 min timeframe
3. Do paper trade before using any information for actual trading
4. Not swing or positional trade
Pivots High Low (HH/HL/LH/LL)/Trend [Anan] Hello Friends,,
This is pivot points high low with pivot trend to define the trend direction.
Pivot trend is the pivot points average.
Options:
- Pivot Point Period
- Show/hide Pivot Points Labels
- Show/hide Bull/Bear Labels ( depends on pivot trend)
- Show/hide Pivot Center Line (Bull>Center, Bear<Center)
- Show/hide Support/Resistance Level Extensions
- Show/hide Fractal Break Arrows (you can set alerts as well)
Borjas Tarh Horizontals S/RBorjas Tarh Horizontals
Automatically Plot Horizontals Support and Resistance.
In the Setting, you should optimize the values according to each time frame of the ticker.
Pivot Length : Number of bars to use to calculate pivot
Max Breaks : Maximum number of times a line can be broken before it's invalidated
Max Distance % : Maximum distance PA can move away from line before it's invalidated
Frontrun/Overshoot Threshold % : If PA reverses within this distance of an existing S&R line, consider it a Frontrun / Overshoot
You can copy it and make it better.
Pivot Support and Resistance Finder [JV] V1Hi Traders.
This is my first attempt of writing an indicator.
Let me start by saying I could never have done this without lmatl and WMX_Q_System_Trading who were and are an incredible source of inspiration.
This indicator shows horizontal Pivot Support and Resistance . It draws up to 4 horizontal lines extending to the right from and adds labels to High and Low Pivot Candles . It also draws the Support / Resistance that is currently forming.
You can select the number of lines on the current timeframe.
There are some options in Settings:
Current timeframe pivot settings
Show and hide levels of the current timeframe
Change colors
Extend Lines
Any suggestions are more than welcome!
I also welcome donations, no matter how small ;-)
BANKNIFTY - Anchored VWAP
An attempt to make Anchored VWAP for NSE:BANKNIFTY from Volume of underlying securities.
Notes :
- To cross check one may verify by changing Symbol to any stock and use in-built VWAP indicator
- Works only with BANKNIFTY and stocks. Does not work with other NSE Indices
Darkpool FinderThis script is designed to located darkpool prints on SPY.
If you do not know what a darkpool is, please research into it.
Essentially, darkpools print at 8 am EST premarket almost everyday. When price hits these pockets, it is usually quite reactive to it since there are a large number of orders in that pocket.
When the script finds a darkpool print, it will plot the line until price hits the pocket, once the pocket is hit, the orders are filled entirely, hence the line will stop plotting. These pockets are only filled in the New York Cash session, if it isn't hit the day its printed, it remains open until it is filled.
For this script to work correctly, the user must have the Arca data exchange paid for since this is the only data that will show the wick prints during the premarket.
Once the correct data is enabled, use the 1-5 minute candles for the plots to render correctly, you may have to use each one for best results.
Even though this script was made for SPY, it works on any ticker because any equity ticker has darkpool prints.
So if you want to use the script on other tickers besides SPY, you must purchase the according exchange data or the script will not work!
If you are in a different time-zone other than EST, you must configure the inputs in the script to match the 8 AM EST time for the script to print properly.
Darkpools are not an end all be all play, sometimes its a coinflip, its just another tool in you toolbox to help determine your move in the market.
Istanbul by MMEN
I'm proud of to introducing Istanbul indicator. Istanbul is a smart support/resistance indicator based on price action. It analyzes price with different lengths and decide where is the high volume and reversal pattern.
There are 5 different lengths. They are 20, 100, 200, 500 and 1000. Each levels specified by different tickness. 20 is the thinnest and 1000 is the thickest. You can easily track levels by thickness. 20 has the lowest and 1000 has the highest impact on price movement.
There is an other field named as Precision. If you want to see more levels on the assets, please increase precision value. Otherwise decrease. For example, If you want to see more strong levels, you can set precision to 2. Otherwise set precision to 10. Default is 5.
Istanbul is also uses volume as a decision point. So you can adjust Volume Multiplier as you wish. Default is 1.5.
Lines have 3 different colors.
Green: It's support. Price above this level.
Red: It's resistance. Price below this level.
Purple: It's indecision. Waiting for confirmation.
Istanbul shows important levels as a channel. If prices moves between two lines, this channel is the starting point for new trend. It may be long or short. Watch prices and make your decision.
TR
Istanbul indikatörünü sizlere tanıtmaktan gurur duyuyorum. Istanbul, price action felsefesine göre destek ve direnç noktalarını belirleyen akıllı bir indikatördür. Fiyat hareketlerini farklı uzunluklarda geriye giderek inceler ve yüksek hacimli dönüş formasyonları gördüğü zaman destek ve direnç noktalarını çizer.
5 farklı seviye vardır. Bu seviyeler zayıftan güçlüye doğru 20, 100, 200, 500, 1000'dir. Her seviye gücüne göre farklı kalınlıkta çizilmiştir. 20 en ince, 1000 ise en kalın çizgidir. Grafiğe bakarken kolayca kalınlıklarına ve inceliklerine göre destek/direnç noktalarının gücünü anlayabilirsiniz.
Precision değişkeni ise Istanbul'un hassasiyetini ayarlar. Bu yüzdesel bir değişkendir. Varsayılan olarak %5 ayarlanmıştır. Eğer daha keskin ve net destek/direnç noktaları görmek isterseniz bu yüzdeyi düşürmeniz gerekir. Örneğin 2 yapabilirsiniz. Eğer daha çok destek/direnç noktası görmek isterseniz bu değeri 10 olarak ayarlayabilirsiniz.
Istanbul'un karar mekanizması içinde hacim de etkin bir rol alıyor. Volume Multiplier seçeneğeni isteğinize göre değiştirebilirsiniz. Bu değerin 1'den küçük olmaması gerekir.
Çizgilerin 3 farklı rengi vardır.
Yeşil: Destek noktası. Fiyat bu seviyenin üzerinde.
Kırmızı: Direnç noktası. Fiyat bu seviyenin altında.
Mor: Kararsızlık. Indikatör onay bekliyor.
Istanbul önemli seviyeleri bir kanal olarak gösterir. Eğer fiyat kanal içinde hareket ediyorsa, bu kanal yeni trendin başlayacağı seviyelerdir. Bu trend yükseliş ya da düşüş trendi olabilir. Fiyat hareketlerine bakarak long ya da short pozisyon açabilirsiniz.
EXAMPLES || ÖRNEKLER
AAPL
GBPUSD
ATOMBTC
XU100
Kviateq - Session PivotsFirst of all, I must say that this script wouldn't be possible without the help of one of the best script developers on TradingView - @ahancock (thanks a bunch for your help)
This script draws opening ranges for each of the sessions - Tokyo, London and New York and plots session high, low and pivot range of the previous session.
So if you trade London session - you would only take longs if we're above the Tokyo pivot range and vice versa for shorts.
Often times previous session's highs act as resistance and lows act as support, so careful trading around those levels.
It is obviously meant for lower timeframes, since each of the sessions only lasts a few hours.
Default settings are set to the exchange that I use and my timezone (GMT +7), so you might need to adjust the settings accordingly.
Tokyo - 12am GMT
London - 7am GMT
New York - 12pm GMT
