unRekt - Nexus HTFunRekt Nexus HTF is a CPR 'Central Pivot Range' that uses the higher timeframes 3 Month, 6 Month and Yearly. Each TF can be turned on or off and the lookback periods can be selected to current or multiple periods.
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unRekt - Nexus LTFunRekt Nexus LTF is a CPR 'Central Pivot Range' that uses the lower timeframes Daily, Weekly and Monthly. Each TF can be turned on or off and the lookback can be selected to current or multiple periods.
Created by nitin nraodeo cpr pivot - based on pivot boss vikramCreated by nitin nraodeo cpr pivot - based on pivot boss vikram
CPR and Camarilla PivotsThis script has CPR ranges for (Daily, Weekly, Monthly) and Major pivot levels for daily (R/S 3,4,5) weekly (R/S 3,4). It also has prev day H/L and weekly H/L.
- Daily CPR (Black dotted lines)
- Weekly CPR (Blue dotted lines)
- Monthly CPR (Fushcia dotted lines)
- Prev Day H/L (Orange dotted lines)
- Weekly H/L (maroon dotted lines)
- Daily pivots R/S 3,4,5 (black cross lines)
- Weekly pivots R/S 3,4 (blue cross lines)
CPRCentral Pivot Point Indicator with Daily, Weekly and Monthly time frames. It has more option to customize.
[astropark] Breaker Blocks, Supply Demand Order BlocksDear Followers,
today a new powerful indicator! Welcome to the great world of Breaker Blocks (BB) and Supply-Demand Order Blocks !
So what's the point? As always, the point is how to trade as safer as possible!
Breaker Blocks are price ranges where you simply have to wait for a pullback and sell-buy on its touch and price bounce, like in the screenshot below:
Supply and Demand are very important concepts, synonymous of Support and Resistance in most cases.
You should never sell whenever near a demand/support zone, unless price breaks through it as too weak. The same for supply/resistance: you should not buy near resistance, as most times you may start a trade with very high losing risk.
Here a screenshot how indicator works showing supply and demand order blocks (just enable them from indicator's option):
This indicator
can analyze chart based on high-low candle prices or open-close one
can show you Breaker Blocks (BB)
can show you Supply & Demand Order Blocks (OB)
lets you decide if you want to see high-low or open-close range of each OB
lets you edit the analysis window
lets you see local tops and bottoms of price as labels
This is a premium indicator , so send me a private message in order to get access to this script .
Golden Pivot1. Golden Pivot indicator combines Central Pivot Range and Camarilla Pivots.
2. Pivot calculations are based on Secret of Pivot Boss book by Frank Ochoa.
3. One can also view tomorrow's pivots by today EOD.
CPR 5min prabilThis script will work only in 5min. You can use this for intraday..Removed weekly and monthly CPR and high lows which makes you too much complicated and will end up in a confused state.
[fikira] Divergences (RSI)This script can be used with candlesticks, accompanied with " RSI + Divergences"
The calculation is different than my "Divergences (Pivots)"
Thank you!
Hendo's Drawdown CalculatorAre you particularly good at buying tops and selling bottoms while being terrible at math?
Then here's your solution:
A basic script that automatically calculates and plots the drawdown between the highest high (or open/close) and the current price.
Best used on the higher time frames (so you can easily see where the "top is derived from". If it's used on an asset that hasn't topped out yet (unlike 90% of the altcoins) the calculations will not work (since it's not in drawdown).
Comes with 1 setting: The source that should be used to calculate the highest point in price. Options are: High, Close or Open. I've purposely left out "low" and "HL2/OHLC4" because they don't make much sense for a script like this.
Considerate use is advised for people with weak hands. Since the numbers can be overwhelming.
If you encounter any bugs or errors feel free to leave a comment. Enjoy!
[fikira] Harmonic Patterns 2This is "Harmonic Patterns", part 2 Open Source
(in 2 parts, otherwise many lines are gone because the script is too large):
- Crab
- Bat (+ Alt)
- Butterfly
- Shark
A "Pattern" is created by checking 5 consecutive ( pivot ) points, starting with X, A, B, C, and ending with point D.
At point D all 5 points are compared, calculated and verified.
When confirmed, a "Label" will be plotted at point D, together with the "Entry", "Take Profit" and "Stop Loss" price.
The "Entry", "Take Profit" and "Stop Loss" lines will be plotted as well at point D.
Lastly, a "Drawing" automatically will be displayed which makes the "Pattern" visible.
Please do mind, the "Drawing" is calculated differently, the "Drawing" sometimes can be displayed incorrectly
when prices are too close to each other (for example low Satoshi price changes).
THE "ENTRY", "TAKE PROFIT", "STOP LOSS" PRICES AND LINES ARE NOT AFFECTED AT ALL BY THIS, THEY WILL SHOW CORRECTLY!
- 1 "TP point" can be changed ("TP Level 0.618")
- "Labels", "Lines", "Drawings" can be disabled/enabled
- "Labels" can be made smaller or bigger ("Size Label")
- "Labels" can be placed further or closer to the bar ("Distance TP Label" > higher = closer, lower = further)
- "Lines" can be made thicker or thinner ("TP Linewidth")
- "Drawings" can be made thicker or thinner ("Drawings Linewidth")
- "Drawings" are created by comparing with 100 bars back in history (default), should it be (very rarely) a triangle is displayed flat on the left side,
possibly the first point(s) is/are further than 100 bars ago, in this case increase "Period Drawings" above 100.
- Animal symbols can be enabled/disabled
- When several "Patterns" appear on the chart, the oldest ones won't be displayed anymore, first the "Drawings", then the "Lines"
The last (present) ones will always be displayed in total without a problem!
- If you want to see "Patterns" with less correct measurement, change "Error Marge" 0.9 - 1" and "Error Marge" 1 - 1.1"), this gives max. about 10% extra margin
- Added more settings regarding "Drawing Lines"
Thank you very much!
[fikira] Harmonic Patterns 1When using "Harmonic Patterns", always look at the bigger picture, please do not depend solely on the "Pattern".
Use other indicators,... to confirm what you think is going on!
That said, it is quite useful!
Beside my "The Gartley", now, OPEN SOURCE, we have "Harmonic Patterns" in 2 parts (otherwise many lines are gone because the script is too large)
- ABCD
- Gartley
- Cypher
- 5.0
A "Pattern" is created by checking 5 consecutive ( pivot ) points, starting with X, A, B, C, and ending with point D.
At point D all 5 points are compared, calculated and verified.
When confirmed, a "Label" will be plotted at point D, together with the "Entry", "Take Profit" and "Stop Loss" price.
The "Entry", "Take Profit" and "Stop Loss" lines will be plotted as well at point D.
Lastly, a "Drawing" automatically will be displayed which makes the "Pattern" visible.
Please do mind, the "Drawing" is calculated differently, the "Drawing" sometimes can be displayed incorrectly
when prices are too close to each other (for example low Satoshi price changes).
THE "ENTRY", "TAKE PROFIT", "STOP LOSS" PRICES AND LINES ARE NOT AFFECTED AT ALL BY THIS, THEY WILL SHOW CORRECTLY!
- 1 "TP point" can be changed ("TP Level 0.618")
- "Labels", "Lines", "Drawings" can be disabled/enabled
- "Labels" can be made smaller or bigger ("Size Label")
- "Labels" can be placed further or closer to the bar ("Distance TP Label" > higher = closer, lower = further)
- "Lines" can be made thicker or thinner ("TP Linewidth")
- "Drawings" can be made thicker or thinner ("Drawings Linewidth")
- "Drawings" are created by comparing with 100 bars back in history (default), should it be (very rarely) a triangle is displayed flat on the left side,
possibly the first point(s) is/are further than 100 bars ago, in this case increase "Period Drawings" above 100.
- When several "Patterns" appear on the chart, the oldest ones won't be displayed anymore, first the "Drawings", then the "Lines"
The last (present) ones will always be displayed in total without a problem!
- If you want to see "Patterns" with less correct measurement, change "Error Marge" 0.9 - 1" and "Error Marge" 1 - 1.1"), this gives max. about 10% extra margin
- Added more settings regarding "Drawing Lines"
Thank you very much!
bg_Breakers_orderBlocks_detection (Breakers)Version 0.1
Using Pivots / Swing Point detection, this script plots the final swing candle's body span from top to bottom with an extended horizontal line, with a mid-channel point at 50% between open and close.
Once the trend changes, these zones serve as support and resistance zones, and can help identify breakouts from ranges and probable reversal points moving forward.
To avoid clutter, the script allows you to select a specific date-range (start / end date) which the rule will only apply and plot for.
Other customizable options are the length in bars of the pivot/swing point detection, which is defaulted at 20 bars for both highs and lows.
Works best on time-frames 4H, 1D, etc. with some luck to be had in occasionally shorter time-frames as shown above.
4H:
ChaosSN ALTs Target LevelsSimilar to
But this is meant for ALTs traded on the BTC or ETH pair. USD pairs may work but it may act strange.. use the regular target scripts for those ones.
This script will figure out if we're currently in an uptrend or downtrend and will plot price targets automatically.
-Blue price lines are likely soft stops (not always).
-Green price lines indicates we're currently in an uptrend for that timeframe and provides some hard resistances/supports.
-Red price lines indicates we're currently in a downtrend for that timeframe and provides some hard stop resistances/supports.
Extrapolated Pivot Connector - Lets Make Support And ResistancesIntroduction
The support and resistance methodology remain the most used one in technical analysis, this is mainly due to its simplicity, and unlike lots of techniques used in technical analysis support and resistances have a certain logic, price can sometimes appear moving into a channel, support and resistances allow the trader to estimate such channel and project it into the future in order to spot points where price might reverse direction.
In this script a simple linear support and resistance indicator is proposed, the indicator is made by connecting past pivot high's/low's to more recent ones and extrapolating the resulting connection. The indicator is also able to make support and resistances by using other indicators as input.
Indicator Settings
The indicator include various settings, the first one being the length setting who determine the sensitivity of the pivot high/low detection, low values of length will detect the pivot high/low of noisy variations, while higher values will detect the pivot high/low of longer term variations.
The figure above use length = 5.
The A-High parameter determine the position of the pivot high to be used as first point of the resistance line, higher values will use oldest pivot high's as first point. The B-High parameter determine the last pivot high. A-Low and B-Low work the same way but affect the support line, a label is drawn on the chart in order to help you determine the position of A/B-High/Low.
Using Other Indicators Output As Input
The "Use Custom Source" option allow you to apply the indicator to other indicators, for example we can use a moving average of period 50 as input
Or the rsi :
Let me help you set the proposed indicator easily to indicators appearing on a separate window, for example the momentum oscillator, add the momentum oscillator to the chart, to do so click on indicator and search "momentum", click on the first result, once on the chart put your mouse pointer on the indicator title, you'll see appearing the hide, settings and delete option, at the right of delete you should see three dots which represent the "more" option, click on it and select "Add indicator on Mom" and select the extrapolated pivot indicator, you can do that by searching it, altho it might be easier to do it by adding the indicator to favorites first, you then only need to select it from your favorites.
You might see a mess on the indicator window, thats because the extrapolated pivot is still using high and low as input, go to the settings of the extrapolated pivot indicator and check "Use Custom Source", it should appear properly now.
Tips And Tricks When Using Support And Resistances
Linear support and resistances assume an approximately linear trend, if you see non linear growth in the price evolution you can use a logarithmic scale in order to have a more linear evolution. To do so right click on the the chart scale and select "Logarithmic" or use the following key shortcut "alt + l".
When applying the indicator to an oscillator centered around zero make sure to adjust the settings of the oscillator such that the peak magnitude of the oscillator is relatively constant over time.
Here a roc of period 9 has non constant peak amplitude, you can see that by looking at the position of the pivots (circles), increasing the period of the roc help capture more significant pivots high's/low's
Conclusion
In this post an indicator aiming to draw support and resistances is presented, the fact that it can be applied to any other indicator is a relatively nice option, and i hope you might make use of this feature.
The code make heavy use of the new features that where integrated on the v4 of pine, such features are really focused on making figures and labels, things i don't really work with, but it is nice to step out my short codes habits, and i don't exclude working with figures in pine in the future.
Thanks for reading !
Pivot Points Daily and WeeklyThis will let trader see Daily and Weekly Pivot points with R/S5.
Daily Pivot point line --> Orange Color
Daily R1-5 ---> Black circles
Daily S1-5 ---> Black circles
Weekly Pivot lines ---> Purple Color
Weekly R1-5 ---> Red Circles
Weekly S1-5 ---> Red Circles
CPR with Pivot LevelsWe recommend some preconditions for Intraday Trading Strategy with CPR (Central Pivot Range)
Rules For BUY Setup with CPR
1) Today's Pivot Level Should be higher than Previous Day's Pivot Level
2) The previous day's close should be near day high.
Rules For SELL Setup with CPR
1) Today's Pivot Level Should be lower than Previous Day's Pivot Level
2) The previous day's close should be near day low.
CPR or central pivot range is the best tool available for the trader to see the price base indicator. You can use this tool i.e CPR (central pivot range) to check the price indicator in the stock market. You know the price of shares sometimes goes up or sometimes goes down in the stock market. So it will be best to stay updated and know it before the time the share market/stock market fall or rises.
camarilla - Daily,Weekly,Monthly by Ganeshcamarilla - Daily,Weekly,Monthly levels in one chart for support and resitance
bg_FibCastVersion 1.0
A simple script to place horizontal lines where fib levels are, over a given period of candles, on a specified or charted time-frame. Includes the option to fib-retrace a "sub-zone" or the space between Fibonacci levels.
In The Depicted Example Above:
- Large white Fibonacci Lines from 377 Daily Candle Range, Gray "Sub-Fib" levels are plotted in "Zone 4" of the 377 1D Fib. Re-trace. (Zone 4 is between the 0.5 and 0.618, Zone 3 is between 0.618 and 0.786, etc.)
- Optional 1.618 Fib Extension is available for the main Fibonacci indicator, but is not shown here (Disabled/Hidden).
- Supports multiple time-frames, which is also depicted above. (377 Daily Candles used on 12-Hour chart.)
Bitcoin Adjusted 3 Points DiagonalsIt draws Diagonals Support and Resistance on the chart using Pivot points
The values adjust automatically and are optimized for crypto pairs
Bitcoin CoP - Overlay V1A good estimate of what it would cost in electricity to mine 1 whole bitcoin with your preferred mining equipment. The cost of production overlay allows to change a few ASIC related variables like hash rate, device wattage, and electrical cost by KW/h. Defaults are set for the Antminer S17 Pro, which hashes at 53 Th/s and consumes 2.1 KW at 7.5 cents a KW/h. The overlay also considers halvings and plots CoP in those events.
This overlay can include other business related costs via "Other Costs" as a percentage of electrical cost USD/KW.h. Keep that value to 0 if you don't want to include it in your overlay.
The bubbles in the chart example is when mining devices came online. Pretty interesting to see difficulty adjust as new hashrate is added to the network.
