Initial Balance indicator plots the high and low of the first hour of US Futures Market session. Very useful for trading breakouts after market open. Also added range midline and background shading to identify first hour. Times are adjustable. All objects can be modified.
A simple script that allows you to plot 8 different zones of support and resistance. Enter the high and low of a support/resistance zone, and the script will fill the range for easier viewing. Open source and all settings can be customized.
TestedFX SR Radar is unlike any other Support and Resistance indicator I have seen to date. It doesn't just show you recent important pivots. Everyone with eyes can see those levels lol. You need an edge on the market. You need to know the levels AHEAD OF TIME. Trading is about having MORE and BETTER information than everyone else. Notice how the levels start...
With great gratitude to Tradingview and Pinecoders I give you a simple highest/lowest indicator, inspired by the recent added function:
‘color.rgb (red, green, blue, transp)’
The colour is derived from rsi values
The main goal was to show the use of:
- array.new_color()
- color.rgb()
- color.from_gradient()
Cheers!
The difference between 2 points is plotted here using 'Golden ratio' cubes
(working differently than my 'Golden ratio spiral - 'GoRaS')
The 2 points can be 'high/low' or 'max(open/close)/min(open/close)',
with the possibility of higher resolution, the following examples are with 1 week resolution
By extending the lines you can spot support/resistance area's
...
**ENGLISH**
This indicator shows;
1) Support Levels (Green Solid Line)
2) Resistance Levels (Red Solid Line)
3) Support Line (Green Dashed Line)
4) Resistance Line (Red Dashed Line)
More Features;
1) Alert at Support Level Broken
2) Alert at Resistance Level Broken
Dont forget you can use this indicator any market you want at TradingView
**TURKCE**
Bu...
NVME TP and SL system is an ATR based risk management tool that is designed to identify possible stop loss and take profit points for you to follow depending on the volume generated by the average true range. Sometimes, they zones may be really close together and this often occurs during a ranging period of the market where there is little movement and this can be...
TestedFX Sexy Pitchfork Intersection Strategy Trading Rules:
All trades are 4R !! If you don’t understand this, please DO NOT TRADE until you have researched Risk to Reward ratios. Basically 4R means you win 4x your risk. Ie. SL = 25 pips and TP is 100 pips so you win 4x your risk.
AUTHOR’S NOTE: Statistically Pitchforks reach the median line 80% of the...
The Dynamic Support And Resistance Indicator was created by Mike Siroky (Stocks and Commodities pgs 14-18) and this is a handy indicator that will show you useful support and resistance levels no matter how the stock is doing right now. I have color coded the middle line to show buy and sell signals so buy when the line turns green and sell when it turns red.
Let...
This indicator is an intraday version of Gann Circle Swing Levels indicator. It further divides the Gann Circle into the Eighths in order to generate intraday Levels.
Introduction
This indicator is based on W. D. Gann's Square of 9 Chart and can be interpreted as the Gann Circle / Gann Wheel / 360 Degree Circle Chart or Square of the Circle Chart for...
This script is based on 'Golden Ratio'
It starts from the last pivot high/low, forming a rectangular spiral.
Mainly experimental but I think it could be used as 'support/resistance' and trend interpretation
The (pivot) length can be adjusted ('Leftbars'):
Start of the spiral can be changed ('Start loop'):
End of the spiral can be changed as...
This is my attempt to code up the rules of "The Strat." I've seen other scripts that do parts of what my script does, but this script combines all of them into one script and allows the user control over how they interact with each other.
What's in this indicator?
Show the Strat Candle Numbers (1 - inside bar, 2 - continuation bar, 3 - outside bar) on the...
This indicator is meant to be used for coming up with price targets based on past performances of rallies/selloffs.
It shows how much a trade could have made over a 30-day period (or other length of time) in terms of percentage gain.
It also show how much could have been lost in terms of percentage loss
The green plot shows percentage gain from current high to...
This script includes two different methods of indication.
It includes a High/Low Waveform . It is a technical indicator that is best performed when using a trailing stop, it also works well as a trend line.
Trade with caution however the general idea is to buy when line turns green, and sell when the line turns red.
This can be disabled by clicking the...
Determines local maximums and minimums points in the chart.
Parameters:
lookback : number of candlesticks to look.
extrema_finder_sensivity : If lower, more extreme points will be found (may over-find).
Brief algorithm description:
Computes a Simple Moving Average (length= extrema_finder_sensivity ), and searches for its local extremes.
Given some SMA...
This script will help you to plot support and resistance for the day at the first min of the opening of the market.
The accuracy of these levels are more than 96% which means you will know the top and bottom well in advance.
Projected Support And Resistance is a custom indicator of mine loosely based on the work done by Ketan Asher (Stocks and Commodities Bonus Issue 2021 pgs 12-14) and generally speaking this does a pretty good job of telling you what the future behavior of the stock will be. As the lines widen apart, there will be either upward or downward momentum. Buy when the...
My take on Key Levels script that plots:
- Daily Open
- Weekly Open
- Monthly Open
- Day of Week Range (i.e. Monday Range)
- Initial Balance
Open levels are not visible on higher time frames, such as Daily Open is not visible on Weekly Open nor Monthly Open.
Initial Balance is not visible on the following timeframes: 2H, 4H, 6H, 8H, 1D, 1W and 1M. All other time...
![AAPL: Dynamic Support And Resistance [CC]](https://s3.tradingview.com/p/pLrwJmT3_mid.png "Dynamic Support And Resistance [CC]")
![AAPL: Projected Support And Resistance [CC]](https://s3.tradingview.com/u/uZGJx4eI_mid.png "Projected Support And Resistance [CC]")
