Intraday Strategy built on Pivot Points Standard and Pivot Range. The idea is to wait for a consolidation period AND a breakout. This really strong condition allows to set a 1/1 Risk/Reward ratio. Starting from there we secure the profits with a Trailing Stop loss and/or Take Profit system integrated in the script. This is the Alert version and you can see...
Intraday Strategy built on Pivot Points Standard and Pivot Range. The idea is to wait for a consolidation period AND a breakout. This really strong condition allows to set a 1/1 Risk/Reward ratio. Starting from there we secure the profits with a Trailing Stop loss and/or Take Profit system integrated in the script. This is the Backtest version and you can...
This script is a combination of my Rounded Pitchforks script and an automatic support and resistance detector. The goal of this script is to give the future supports and resistances in order to help guide your entries and exits in trades. Both the curved and straight blueboxes indicate areas of confluence. This means putting stoplosses and take profits in these...
Positional Hourly trading system, to be used in conjunction with the default Choppiness indicator. Filter: Choppiness <= 44 for entry
This strategy uses a new concept called Relative Strength of Pivots. The concept emanates from the fact that the market weakness starts from bottom to top when it comes to pivot as against top to bottom in conventional indicators. It signals long if the daily pivot shows better strength than monthly pivots and short if the daily pivot shows weaker strength than...
Updated version of the Weekly Pivots Points that include mid pivot lines. Target trading zones for the week are shaded green and red respectively. The mid pivot area is shaded aqua. Use: buy (green) zones are buys, red zones are sells with respective color targets.
Hello, Everyone, This is Indicator Base on CPR Indicator Feature Here is Long and Short plot with Alerts Here is Takeprofit Line from Long and Short side by default 1 percentage Calculated by Open Bar Here is Stoploss Line from Long and Short side by default 0.5 percentage Calculated by Open Bar NOTE: If You are Using CPR Strategy there is some Limitation...
Hello Everyone This Strategy Base on CPR By Default 1 Percentage TP AND 0.5 Percentage Sl & quantity 500 By Default Backtesting Starting Time 1 Jan 2020 and end time 31 Dec 2020 You Can also change everything. In future, I will Enhance this Strategy if you have any suggestion Mention here Thank you so much
DcPi stands for dark cloud and piercing , This is a very reliable pattern for intraday trades. Precondition- Whenever a big move is followed by gap(up/down) open next day. Trade Setup- Wait for price to enter in previous day range. Aggressive traders can enter trade as soon as price enters previous day range, safe traders can wait for 1st 5 minute candle...
One of the Alamode series that allows you to visually judge trends. Helps you draw Fibonacci retracements and Fibonacci expansions.
Adapted from Pinescript Manual's "Pivot Points Standard". Added extra levels and midlines as well as user inputs for color and a "show labels" on/off switch. So this will show the Pivot level, the resulting levels R1,R2,R3,S1,S2,S3 and the midpoint lines between these. User can choose the Higher timeframe period from which to calculate these pivot levels, as per...
This script forcasts daily, weekly, Monthly targets well in advance so that you can position yourself accordingly. Script has four target levels such as 50% target level, 75% target level, 100% target level and 125% target level. You can scale out your position across these levels. Price has 80% potential to reach 1st target level, 70% potential to reach 2nd...
CPR, Opening Range & Candle Mid Points. To display midpoints of candle sticks, you need to set the visual order of chart ( send to back )
The above indicators is based on Central Pivot Range, Details as to how to use it. 1.Strictly use 1D timeframe for analysis, sometimes you can use 1hr tf too. 2. R1(Redline) and S1(greenline) acts as resistance and support. When you see a trending stock, you can always buy when the stock retraces to the CPR range with R1 as first target and vice versa.
Divergence Indicator... Works pretty well, Use with caution as it does amend itself depending on market whale activity. 1hr, 4hr and Daily good for macro movements. Should be used a supplemental indicator to your over all strategy NOT as a entry exit. Have fun :) Made by someone else, but has been tweaked with better settings
This Script comes straight from PivotBoss Masterclass. Script calculates compression and expansion of prices. ADR is calulated for user defined period and it is compared over 10 period. If the prices goes over 125% of average ADRin the look back period then current price is over expanded and reversal is in the corner. When Prices falls below 65% of average ADR...