Generates buy or sell signal if monthly candle closes above or below the signal MA. Long positions only. Inputs: -Change timeframe MA -Change period MA -Use SMA or EMA -Display MA -Use another ticker as signal -Select time period for backtesting This script is not necessarily written to maximize profits, but to minimize losses. Although it can outperform 'Buy &...
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.
Simple script highlighting a vertical line on the last bar of the Day/ Week/ Month/ Hour/ H4/ minute etc. Helps maintain visibility of higher timeframes when on lower timeframes. Quickly identify end of period levels.
plots Yearly Open, High, Low levels Interesting interactions to note at previous yearly opens
WARNING: Experimental and incomplete. Script is open to development and will be developed. This is just version 1.0 STRUCTURE This script is trained according to the open, close, high and low values of the bars. It is tried to predict the future values of opening, closing, high and low values. A few simple codes were used to correlate expectation...
Hey guys, this script shows monthly, weekly and daily OHLC data represented as horizontal level. I tried to make it as user-friendly as possible. Therefore, you can add different colors and styles for each level, as well as turn them on and off. With the "Label Offset" -parameter you are in control where the label text should appear. You can shift it from left...
I have recently been reading How to Day Trade for a Living by Andrew Aziz and one of the important support and resistance levels he talks about is the Previous Day Close Price. I did not find an indicator that would simply plot this so I wrote a short simple pine script to plot the indicator. Please feel free to edit or suggest improvements.
Quick dirty code for personal use. Plots previous OHLC levels based on a selected time-frame on the chart. Not bad if you want to see different time-frame levels. Fill function can serve to highlight the daily range (high-low or open-close) on non-standard charts Uses base code from JayRogers
Support and Resistance Levels + Zones for 3 time frames, based on volume at fractal levels with Zones based on wick size which is a true reflection of a Zone when compared to other S/R Zone scripts which only use a thick line not based on anything. Original script is thanks to synapticex I have just migrated to version 3, heavily modified it and added Support and...
This will plot your choice of OHLC (or any of the averaging choices) of the current candle compared to the previous candle. For example if you choose "high" for the input and set the chart to daily, you'll see the currently daily high vs the previous daily high. Green candle represent a higher high and the length of the candle represents how much higher. Red...
Just a simple support/resistance indicator that display weekly/monthly close price and it is configurable to work in two modes: tracking mode - to display last week/month's close history mode - to display weekly/monthly close prices See how last month's close (ticker blue line) provides nice resistance and the price forms a double top then it...
I changed close series because, close series doing repaint. I changed the near series with the previous open series . but can use for sup and resistance
This script allows you to set breakout alerts. An alert will be triggered only when price breaks and closes beyond the specified prices. You will get an alert on the first candle that closes beyond the levels you set.
High probable Long Setups for any time frame and asset. 75+ win rate Trailing stop always used as exit point To trade only with the trand - enable MAs in the Inputs tab x - means Entry signal is active and waiting for long validation B - on a closed bar is entry signal for long C - on a developing bar is exit long signal Green line - long validation line. must...
created by AutemOx twitter: @joyrider5 reddit: /u/joyrider5 This creates lines at yesterdays open, close, high, and low. It is pretty amazing use of the timenow and dayofweek variables if I say so myself 8)
I made this to serve as a reminder if a candle is not closed yet. This is to avoid entering a trade based on a candle that is not closed because this candle could look alot different by the time it closes. Good luck.
it's a repainting script cheating on tester, on backtesting %100 correct but on forward testing it will only work % 15 correct and %85 wrong. I did another script showing real forward testing results of this script.
it's showing the correct results of a repainting cheating script