This study tries to highlight support and resistances as they are defined by TradingLatino TradingView user His definition is based on volume peaks on the official TradingView Volume Profile indicator that seem rather big on size. As a bonus it also serves as a rather simple volume profile indicator. As you can see it only show last blocks volume profile. It's...
Hello everyone, today I'd like to share a script, which enables you to use external logic to plot levels on your chart. How does it work? The concept is based on two scripts. One script, which uses an external input as a trigger to print a new level and one script that calculates an output, which will be fetched. Sounds complicated? It really is not! Let's...
This script is based on the approach of filtering signals by checking higher timeframes. So basically setting higher numbers in "Strength Of Levels" option, will make the indicator check for support and/or resistance levels in timeframes higher than the current. Unfortunately, I was forced to still use inefficient built-in functions pivothigh() and pivotlow(). I...
I merged some of my previous written indicators, because a combination of multi-timeframe Bollinger Bands, RE RSI and Resistance/Support levels could help a lot. Don't forget to add my other useful indicator (Classical SnR) to the chart to maximize your profit!
If you search the internet, you won't find much about these types of resistance and support levels. Hidden levels are SnR levels calculated based on some psychological patterns and sometimes it's unbelievable that the chart responds to these levels. So use the indicator and check the idea.
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...
Hello Traders, This is Support Resistance script that uses Multi Time Frame. While getting Close/Open/High/Low values of Higher Time Frames the script does NOT use Security function , instead it calculates them. while choosing Higher Time Frame, you can use "Auto" option so it uses predefined Higher Time Frames, or you can choose the Higher Time Frame...
Hello guys, this scripts prints the high and low as well as the moving average of a user-defined session. How does it work? Basically, as soon as we are in the session range, the indicator will constantly keep track of the high and the low of this range. It also prints the moving average, which can either be a floating or a static line, that represents the...
This indicator marks the resistances and supports of the post, pre and market sessions of the previous day projecting up to the market of the day, also it marks the hours of these three markets allowing to identify the beginning and end of the sessions in London, Hong Kong, and America.
Hello Traders, In the book "Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market" by Franklin Ochoa, Four different types of reversal systems were introduced and candlestick patterns are used to find reversals. I will not write a lot about the book, you should get/read it for yourself. There are many great ideas in the book, Candlesetick...
Simple indicator showing the support and resistance on Daily, Weekly and Monthly time frames no matter what time frame you're currently on by highlighting the highest and lowest points on each over the last 34 bars. Daily support and resistance are coloured green. support and resistance are coloured yellow. Monthly support and resistance are coloured red. For...
Simple script that automatically plots support and resistance lines based on the pivot points of the number of candles you choose to look back upon. All options are editable.
Projected support and resistance levels based on Fibonacci percentages of price ranges.
Simple script that plots the range between the previous day close and the current day open. This makes it easier to reference the gap up or gap down zone throughout the day.
This script uses the highs and lows of the candles (instead of the close) to make a "channel" to reference while scalping. Use the green lower line as a guide to go long and the red upper line as a guide to go short. You may use the lines as potential entry points and direction but you may want to consider exiting before the opposite colored line prints, as that...
A series of Fibonacci sequences using a variety of triggers to base highs and lows off. High and low look back length can be altered, fibs and fib extensions can be shown or hidden and the background can be filled or transparent.
Hello All, There are many types of SuperTrend around. Recently I thought about a Supertrend based on Pivot Points then I wrote "Pivot Point SuperTrend" script. It looks it has better performance on keeping you in the trend more. The idea is behind this script is finding pivot point, calculating average of them and like in supertrend creating higher/lower...