This indicator paints the background of the chart between 2 EMAs when all 3 given EMAs are in sync.
The default settings are:
Long-term EMA: 200 Period.
Short-term EMA 1: 50 Period.
Short-term EMA 2: 20 Period.
So according to the default settings, when the 20EMA is above the 50EMA, and the 50EMA is above the 200EMA, the area between the 20EMA and the...
These are levels based on volume. The idea is that candles of high volume a higher amount of traders with active long/short positions to either close out, protect, or add to.
A stack of red candles means that area is a point of interest, similar to a VPVR POC.
Generates Range & EQ levels and removes duplicates. Prioritizes by higher timeframe for duplicates. For example, on Monday's open, weekly open is displayed while daily open is hidden automatically.
Cueing Off Support And Resistance Levels, by Thom Hartle
The related article is copyrighted material from Stocks & Commodities.
You can change Time Frame in the settings: Monthly, Weekly, Daily
Plots levels representing the prices that the stock closed above its n-period moving median(default=100).
2 thickest lines represents the two most recent crossover levels.
Candles are colored green if the price is currently above its moving median and red if below.
Even though there are a many other Fractal and Level indicators, this indicator has some unique features. The indicator will display Fractals, fractal levels and HH/LL points, they will only be drawn after they have completed. Also the indicator has options to :
Show Ideal Fractals Only.
Use Renko Style Fractals, where open/close values are used instead of...
This script reveals Ampleforth rebase levels which are going to always work. In addition to that is MACD crossovers serving as potential buy/sell entries. You can set alerts for MACD crossovers and price entering balanced value area (0.96 - 1.06).
MACD signals can be used to automatically open a position and entering a balanced value area can be used as...
I wrote some Support/Resistance scripts before this. In this new script, I implemented the logic of the code from the scratch, so it's very different from my previous S/R indicators and I think it's more advanced, accurate and efficient.
As the result it could do the followings for now:
- Draw more strong classical resistance/support levels by checking previous...
This is an indicator that draws support and resistance zones / levels based on price action in and around Keltner Channels.
There are 3 different modes;
Draw zones based on price breaking the upper band
Draw zones based on price breaking the lower band
Draw zones if price stays within the bands for a prolonged period of time.
You can also decide if...
This shows and labels the highs and lows from the previous 4h, daily, weekly, monthly, quarterly and yearly session. By default it only shows weekly, monthly and yearly. It also has an option to use small labels (M vs Monthly High) to save your eyeballs. You may need to adjust your charts right hand margin to see them properly.
Everything is shown in very...
For my second share, I give you some levels I look at everyday for the ES minis. HLC/3 of the MTF (multi-time-frame) inputs = mean and Fib-levels formed as support and resistance zones. There are some websites that will show you 20 ways to figure out a pivot for the day's intraday workings, and this one always rang true for me. I keep it set at Res=D and...
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...
Simple script to show key levels of current day and previous day. Labels can be turned on and off as needed. Line colors, thickness and style can be changed. Modified the "M/W/D Level" script from paaax. Credit for original code goes to him. Link to script and profile posted in code of this script.
This indicator shows market structure. The standard method of using Williams Highs and Lows as pivots, is something of an approximation.
What's original here is that we follow rules to confirm Local Highs and Local Lows, and strictly enforce that a Low can only follow a confirmed High and vice-versa.
-- Highs and Lows
To confirm a candle as a Local High, you need...
![EURUSD: [RS]RSI Overbought/Oversold Levels V0](https://s3.tradingview.com/p/pDozsP2V_mid.png "[RS]RSI Overbought/Oversold Levels V0")
![EURUSD: [RS]MTF Fibonacci Cycles V0](https://s3.tradingview.com/g/gbnvmlkP_mid.png "[RS]MTF Fibonacci Cycles V0")
