The new and improved Support & Resistance Zones indicator is here. This indicator is based on high volume at fractal lows or fractal highs with the zones based on the size of the wick for that timeframe’s candle.
This helps traders visualize which price levels are of the most significance for either reversals or continuation of the trend when zones are broken and...
Depicts demand-flow between Equities, Bonds and Currencies of 6 countries. Useful in tracking the flow of smart money and checking the dynamics of inter-connected markets.
DXY lies at the heart of the diagram with usd-currency pairs of 5 countries connected to it. When demand for a currency increases it strengthens against Dollar. This is depicted by...
Mark Levels is marking liquidity pools by drawing lines on their pivots and labelling them so that you can instantly detect them on your realtime chart
- marking previous and current day lows and highs
- marking previous and current week lows and highs
- marking previous and current month lows and highs
- marking equal lows and highs
Supply and Demand - Order Block - Energy Candles
An experimental script, designed as a visual aid, to highlight the last up or down candle before a fractal break. We can assume these candles where the point of origin that generated enough strength to break recent structure. By using them as reference points, traders are expected to follow their...
Demand & Supply Zones
This indicator helps to identify large moves driven by institutions.
What qualifies as a zone?
If the price moves (open to close) by more than a certain % in one candle or in a bullish / bearish run of candles, the zone is marked as a Demand or Supply zone .
0.8% is good for Crypto and Forex might be better with 0.4%. Play around with the...
First off, a huge thank you to the following people:
This is the...
This indicator is created to find the imbalances when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint and price shoots up or down and it left with unfilled orders. If you know how to trade the imbalances, this indicator can help you by find imbalances automatically.
This script uses the standard pivot-high/pivot-low built-in methods to identify pivot points on the chart as a base calculation for the zones. Rather than displaying basic lines, it displays a zone from the original pivot point to the closest part of the available body on the same candle. The script comes in handy by utilizing Pinescripts available input.source()...
this indicator detects support and resistance level based on the number of times a level got tested in a certain range.
How does it work?
In the user input settings, you will be able to choose between two modes "Tested Level" and "Untested Level".
"Tested Level" will be detected by the number of times a certain low or high got tested in the...
Lines plotted for the Low and High of the region of price that was Overbought or Oversold
(Low of the candle that became overbought and highest high in the Overbought period)
(High of the candle that became oversold and highest high in the Oversold period)
I like to use the dotted lines as pivot points for the reversal of the trend, and also pay attention to...
A follower of mine asked me if I could make a version of my www.tradingview.com script using the MACD. Well it just so happens I was making a few modifications to my MACD script: just as this question came up so I went ahead and threw this together.
The MACD that triggers the SR zones is pictured below, with key trigger points encircled to illustrate how it works.
I got a question if it would be possible to Automatically draw S/R levels based on Volume rather than RSI as I had earlier done in this script;
Well it certainly is and it looks as though it might even be tradeable.
The indicator compares the size of volume bars so that if there is a noticeable increase in volume (noticeable here meaning above the indicator...
This indicator will automatically plot support and resistance levels and will also allow you to overlay multi time frame support and resistance on any time frame that you are currently conducting analysis on. In addition you can also set alerts when a support and resistance level is tested, fine tune how many levels you would like to view on your charts, option to...
This script uses basic Rally Base Rally, Rally Base Drop, Drop Base Drop, and Drop Base Rally concepts to draw supply and demand zones. While the script is designed to account for multiple (up to 5) candles in the "base" phase, the box it will draw will only be the high and low of the last candle before the final Rally/Drop candle.
once again, I want to show you a different method for detecting support and resistance level. Today's approach is similar to the one I posted recently, but the way the level will be detected is different. I call it the multi-timeframe standard deviation level.
How does it work?
The method is similar to the way Bollinger Bands work. First, the...