The following indicator returns a line bouncing of the extremities of a Donchian channel, with the aim of replicating a "zig-zag" indicator. The indicator can both be lagging or lagging depending on the settings user uses. Various extended lines are displayed in order to see if the peaks and troughs made by the Donchian zig-zag can act as potential...
Hello Traders, I would like to introduce you zigzag support&resistance levels. It is based on the ZigZag semafor script made by DevLucem so shout out to him The Semafor is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones at different Depth settings. The red zones are the extreme places where...
Hello Traders! I have been away for a while but am recovering back gradually! Here is a gift to all of you. It is based on the much loved ZigZag++ Script The Semafor is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones at different Depth settings. The red zones are the extreme places where...
Hello Traders, Here Tweezers and Kangaroo Tail script is in your service. The script searches for Tweezer / Kangaroo Tail candlestick patterns and shows them as T (Tweezer) and K (Kangaroo Tail). Thanks to RorschachT who game me the idea and some details while working on this script. What are these candlestick patterns? Tweezers : - A tweezers...
Hello Traders, Here Double Zig Zag with HHLL script is with you. it calculates 2 Zig Zag simultaneously and draws them, and also it calculates and puts Higher High, Lower Low, Higher Low, Lower High labels. All these are done dynamically, it means last HH/HL/LL/LH can change. if price continues to go up then HL can turn to LL or if price continues to go down...
In this strategy, 15 indicators are used, each giving its results as a numerical value, which then is added or subtracted from the total points, gathered from all 15 indicators. Many thanks to RafaelZioni for his great work making the EasySys1 script which i modified to create this script. Onchart is drawn some of the indicators, but not all, a info panel is...
For Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed. This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. This is a breakout strategy that uses the heiken ashi bars to find the support and resistance levels or the swing...
Shows Bullish and Bearish AB=CD Harmonic Patterns with Pivot High, Pivot Low and Pivot Line
experimental: zigzag indicator with all the zigzag methods that im aware of(that matter atleast), theres something for all tastes there :P this will be the basis for zigzag tools i make in the future. note: some zigzags REPAINT.
Automatically detects and visually displays Harmonic patterns, from small ZigZag to large ZigZag. 17 types of Harmonic patterns are supported. Pattern5-0 / 3Drive / AB=CD / Gartley / Butterfly / Bat / A Bat / Crab / Deep Crab / Cypher / A Cypher / Shark / Nenstar / A Nenstar / Dragon / Black Swan / White Swan The alert function allows you to be alerted when a...
This script follows the Zig Zag pattern of price movement, based on the Weis Wave Volume indicator. The Weis Wave Volume shows the cumulative volume from the lowest point of the price swing to the highest point (or vice versa) The user has the option to change the Trend Detection Length of the indicator to adjust the swings frequency (from say 5 to any value...
Zig Zag script that uses local minimums and maximums as pivot points. It can be used as a source for pattern recognition.
™ᴛʀᴀᴅᴇᴄʜᴀʀᴛɪꜱᴛ ʜᴀɴᴅʏᴍᴀɴ is a well designed utility script that helps plot a few important trading indicators like Bollinger bands, EMA , Ichimoku Cloud etc. along with repainting Buy/Sell signals based on Zig-Zag (Heikin Ashi trend) which can be used cautiously with levels generated. What does ™ᴛʀᴀᴅᴇᴄʜᴀʀᴛɪꜱᴛ ʜᴀɴᴅʏᴍᴀɴ do? Plots Bollinger Bands Plots...
Hey Awesome Traders I noticed people were so happy with my ZigZag lucemanb script and so I made one that is more user-friendly and customizable Please note the original one is dedicated to developers, The code is very minimal for fast understanding when anyone wants to use it in their development In this script, I have included several features like...
“Trends and volume” is a pair of ZigZag and Volume indicators. If in the ZigZag indicator a trend has changed from descending to ascending, and in the Volume indicator the volume of purchases (accumulation) exceeds the volume of sales (distribution), a signal to open a long position occurs. Accordingly, the opening of a short position occurs with opposite...
A helper script with multiple retrace level options.
As requested a TEST script when possible future Harmonic Patterns may occur, in this case the ABCD pattern. When A, B, C are valid, the script will plot 2 lines between A-B and B-C, together with 2 white arrows,,where D MUST be in the future to become a valid ABCD pattern. First of all, D MUST be a Pivot point, after which D must lay between D- and D+ In a...