High/Mid/Low of the Previous Month, Week and Day + MAIntroducing the Ultimate Price Action Indicator
Take your trading to the next level with this feature-packed indicators. Designed to provide key price insights, this tool offers:
- Monthly, Weekly, and Daily Levels : Displays the High, Midpoint, and Low of the previous month, week, and day.
- Logarithmic Price Lines : Option to plot price levels logarithmically for enhanced accuracy.
- Customizable Labels : Display labels on price lines for better clarity. (This feature is optional.)
- Dual Moving Averages : Add two customizable Moving Averages (Simple, Exponential, or Weighted) directly on the price chart. (This feature is optional.)
This code combines features from the Moving Average Exponential and Daily Weekly Monthly Highs & Lows (sbtnc) indicators, with custom modifications to implement unique personal ideas.
Perfect for traders who want to combine precision with simplicity. Whether you're analyzing historical levels or integrating moving averages into your strategy, this indicator provides everything you need for informed decision-making.
To prevent change chart scale, right click on Price Scale and enable "Scale price chart only"
Pricelevels
Normal Price Indicator by KirillPOHEnglish:
Normal Price Indicator is a technical indicator designed to analyze market prices and find normal price levels, as well as the upper and lower boundaries of the normal price area for a given period of time. The indicator is designed for traders and analysts who want to track price movements and identify potential levels for buying or selling based on statistical calculations.
This indicator calculates three main lines:
- The Normal price (Median Price) — the line showing the median of prices for the selected period.
- Upper Bound — a line located at a certain distance from the normal price, based on the standard deviation.
- Lower Bound — a line also located based on the standard deviation from the normal price.
In addition, the indicator can highlight areas on the chart when the price goes beyond these boundaries, which can be a signal to traders about possible important levels.
Main Features:
- Normal price: It is calculated as the median of prices for a given period of time, which helps to track the typical price value on the chart.
- Upper and lower bounds: These limits are calculated as the average price ± (multiplier * standard deviation), which allows you to take into account market fluctuations and set a price range in which the price is considered "normal".
- Adaptation to the scale of the graph: The lines of the indicator adjust correctly to changes in the scale of the chart, while maintaining a link to price levels. They are always displayed in the current position, no matter how much you increase or decrease the graph.
- Zone allocation: The indicator also allows you to highlight areas on the chart where the price is above the upper limit or below the lower limit, which may signal unusual market conditions.
How to use the indicator:
1. The normal price (Median Price): This is the main line of the indicator, which shows the central price level on the chart for the selected period. It helps traders keep track of the standard market level and determine if the current price is within that range.
2. Upper and lower borders: These lines are used to identify potential deviations from the normal price zone. If the closing price turns out to be above the upper limit or below the lower one, this may indicate strong market movements or potential reversals. For example:
- The price above the upper limit may signal a strong bullish trend.
- The price below the lower limit may indicate a bearish trend or a strong correction.
3. Areas on the graph: The indicator highlights the background when the price is above the upper limit (the area is colored green) or below the lower limit (the area is colored red). These visual cues can help traders quickly identify deviations.
Settings :
- Period: The period for calculating the median, standard deviation, and upper/lower bounds. It is usually set to 14, but can be changed depending on the user's needs.
is the multiplier for the standard deviation: This parameter allows you to adjust how much the upper and lower limits will deviate from the normal price. The standard value is 2, which corresponds to two standard deviations, but can be adjusted to suit your needs.
Application:
Traders can use the indicator to analyze market levels and make decisions about entering or exiting the market. Analysts can use the indicator to identify normal price ranges and deviations, which allows them to more accurately predict market trends and potential pivot points.
This indicator is not a signal for trading, but rather a tool for analyzing the market and price levels. It should be used in combination with other indicators and analysis methods for more accurate trading decisions.
Russia:
Normal Price Indicator — это технический индикатор, предназначенный для анализа рыночных цен и нахождения нормальных ценовых уровней, а также верхних и нижних границ нормальной ценовой области за заданный период времени. Индикатор предназначен для трейдеров и аналитиков, которые хотят отслеживать ценовые движения и выявлять потенциальные уровни для покупки или продажи, основываясь на статистических расчетах.
Этот индикатор рассчитывает три основные линии:
- Нормальная цена (Median Price) — линия, отображающая медиану цен за выбранный период.
- Верхняя граница (Upper Bound) — линия, находящаяся на определённом расстоянии от нормальной цены, основанная на стандартном отклонении.
- Нижняя граница (Lower Bound) — линия, также расположенная на основе стандартного отклонения от нормальной цены.
Кроме того, индикатор может выделять области на графике, когда цена выходит за пределы этих границ, что может быть сигналом для трейдеров о возможных важных уровнях.
Основные особенности:
- Нормальная цена: Вычисляется как медиана цен за заданный период времени, что помогает отследить типичное значение цены на графике.
- Верхняя и нижняя границы: Эти границы рассчитываются как средняя цена ± (множитель * стандартное отклонение), что позволяет учитывать рыночные колебания и задавать диапазон цен, в котором цена считается "нормальной".
- Адаптация под масштаб графика: Линии индикатора корректно подстраиваются под изменения масштаба графика, сохраняя привязку к уровням цен. Они всегда отображаются в актуальном положении, независимо от того, насколько вы увеличиваете или уменьшаете график.
- Выделение зон: Индикатор также позволяет выделять области на графике, где цена находится выше верхней границы или ниже нижней границы, что может сигнализировать о необычных рыночных условиях.
Как использовать индикатор:
1. Нормальная цена (Median Price): Это основная линия индикатора, которая показывает центральный уровень цен на графике за выбранный период. Она помогает трейдерам отслеживать стандартный рыночный уровень и определять, находится ли текущая цена в пределах этого диапазона.
2. Верхняя и нижняя границы: Эти линии используются для выявления потенциальных отклонений от нормальной ценовой зоны. Если цена закрытия оказывается выше верхней границы или ниже нижней, это может свидетельствовать о сильных движениях на рынке или потенциальных разворотах. Например:
- Цена выше верхней границы может сигнализировать о сильном бычьем тренде.
- Цена ниже нижней границы может указывать на медвежий тренд или сильную коррекцию.
3. Области на графике: Индикатор выделяет фон, когда цена находится выше верхней границы (область окрашивается в зелёный) или ниже нижней границы (область окрашивается в красный). Эти визуальные подсказки могут помочь трейдерам быстро выявить отклонения.
Параметры настройки :
- Период: Период для расчета медианы, стандартного отклонения и верхних/нижних границ. Обычно устанавливается на 14, но может быть изменён в зависимости от потребностей пользователя.
- Множитель для стандартного отклонения: Этот параметр позволяет настроить, насколько сильно будут отступать верхняя и нижняя границы от нормальной цены. Стандартное значение — 2, что соответствует двум стандартным отклонениям, но можно настроить под свои нужды.
Применение:
Трейдеры могут использовать индикатор для анализа рыночных уровней и принятия решений о входе или выходе на рынок. Аналитики могут использовать индикатор для выявления нормальных диапазонов цен и отклонений, что позволяет более точно прогнозировать рыночные тренды и потенциальные точки разворота.
Этот индикатор не является сигналом для торговли, а скорее инструментом для анализа рынка и ценовых уровней. Его стоит использовать в комплексе с другими индикаторами и методами анализа для более точных торговых решений.
Delayed Opening Price Line with GuardrailsThis Delayed Opening Price Line with Guardrails indicator will draw 5 price level lines on the chart each day, beginning at the open of the first candle after a delay period specified by the user in the indicator settings. The default delay is 30 minutes from market open.
The lines are drawn at the open price of the first candle after the delay period, and then a specified increment above and below that price level. These increments default to 80 and 100, and can be adjusted in the indicator settings.
Most markets, indices, and equities have a finite and consistent range of price movement within a trading day. Eg. a particular stock may usually move no more that $50 up or down in a given day, which can be proven by looking at a historical chart. This indicator allows the user to quickly display that range on the chart once it's been defined.
Important note: This indicator is designed to be used on an intra-day chart - eg. minutes, or hourly. It will give an error if used on a longer time-frame chart.
Last Candle OHLC (Ticks or Points)What the Code Does
1. **Draws Lines and Labels**:
- It draws lines on your chart to show the high, low, open, and close prices from the previous period (like the previous day or week).
- It also labels these lines with numbers that tell you how far the current price is from these levels.
2. **Shows Price Movement**:
- You can see how far the price has moved from these levels in terms of small price changes (ticks) or larger units (points).
- This helps you understand price movements and potential levels of support or resistance.
3. **Customizable**:
- You can choose whether to show these lines and labels, and you can select if you want to see the movement in ticks or points.
- The lines can extend into the future on your chart to help you anticipate where prices might be in the coming days.
### How It’s Useful:
1. **Identify Key Levels**:
- It helps you spot important price levels from past periods, which can act as support or resistance.
2. **Understand Price Movement**:
- You get a visual sense of how much the price has moved from key levels, which can help you gauge market volatility.
3. **Plan Trades**:
- By seeing where the price has been and how it has moved, you can better plan your trades, like deciding where to enter or exit based on these levels.
4. **Flexible for Different Markets**:
- It works across various markets, like stocks, futures, and forex, adjusting to the specific characteristics of each instrument.
In short, this tool helps you visualize and understand past price movements and levels on your chart, aiding in your trading decisions.
QQQ NDX NQ Price Converter+ [Pt]This is a + version of my original QQQ NDX NQ Price Converter indicator
Description
The QQQ NDX NQ Price Converter is a powerful and easy-to-use tool that allows traders to view corresponding price levels for linked instruments in real-time. This includes QQQ, NDX, NQ, and NAS100USD. Although these instruments often move in sync, differences in price movements, volume, and trading hours can create unique key levels and support/resistance areas for each. By mapping these levels on the same chart, traders can more easily spot trading opportunities and improve their chances of success.
Customizable features
- multiplier from the closest whole number price level
- line color
- line style
- label position / size
- # of levels to display
- toggle current price display table
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This script includes the following premium unique features.
QQQ / NDX Gaps detector
A gap is an area on a chart where the price between two bars changes significantly without any trades happening between them. Such gaps often occur when a strong shift in sentiment happens during the hours when markets are usually closed. This indicator highlights these gaps on the chart and extends them further until they have been covered (i.e., when a newer bar has crossed that gap).
Overnight gaps from QQQ or NDX can be mapped directly onto NQ chart
VWAPs
VWAPs of these linked instruments can be mapped onto the chart. For example, NQ VWAP mapped onto QQQ chart, or vise versa. This allows for clear visualization of the price action near these VWAP levels.
Custom Cross Instruments Price Targets
Want to trade QQQ options while watching NQ chart or vise versa? You can set upto 8 price targets and see the corresponding converted price level. No need to switch between charts to try to figure out which price level corresponds to which.
SPY SPX ES Price Converter+ [Pt]This is a + version of my original SPY SPX ES Price Converter indicator
Description
The SPY SPX ES Price Converter is a powerful and easy-to-use tool that allows traders to view corresponding price levels for linked instruments in real-time. This includes SPY, SPX, ES, and SPX500USD. Although these instruments often move in sync, differences in price movements, volume, and trading hours can create unique key levels and support/resistance areas for each. By mapping these levels on the same chart, traders can more easily spot trading opportunities and improve their chances of success.
Customizable features
- multiplier from the closest whole number price level
- line color
- line style
- label position / size
- # of levels to display
- toggle current price display table
|| ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------||
This script includes the following premium unique features.
SPY / SPX Gaps detector
A gap is an area on a chart where the price between two bars changes significantly without any trades happening between them. Such gaps often occur when a strong shift in sentiment happens during the hours when markets are usually closed. This indicator highlights these gaps on the chart and extends them further until they have been covered (i.e., when a newer bar has crossed that gap).
Overnight gaps from SPY or SPX can be mapped directly onto ES chart
VWAPs
VWAPs of these linked instruments can be mapped onto the chart. For example, ES VWAP mapped onto SPY chart, or vise versa. This allows for clear visualization of the price action near these VWAP levels.
Custom Cross Instruments Price Targets
Want to trade SPY options while watching ES chart or vise versa? You can setup to 8 price targets and see the corresponding converted price level. No need to switch between charts to try to figure out which price level corresponds to which.
QQQ NDX NQ Price Converter [Pt]A must have tool for QQQ NDX NQ traders~!!!
Description
The QQQ NDX NQ Price Converter is a powerful and easy-to-use tool that allows traders to view corresponding price levels for linked instruments in real-time. This includes QQQ, NDX, NQ, and NAS100USD. Although these instruments often move in sync, differences in price movements, volume, and trading hours can create unique key levels and support/resistance areas for each. By mapping these levels on the same chart, traders can more easily spot trading opportunities and improve their chances of success.
Customizable features
- multiplier from the closest whole number price level
- line color
- line style
- label position / size
- # of levels to display
- toggle current price display table
SPY SPX ES Price Converter [Pt]A must have tool for SPY SPX ES traders~!!!
Description
The SPY SPX ES Price Converter is a powerful and easy-to-use tool that allows traders to view corresponding price levels for linked instruments in real-time. This includes SPY, SPX, ES, and SPX500USD. Although these instruments often move in sync, differences in price movements, volume, and trading hours can create unique key levels and support/resistance areas for each. By mapping these levels on the same chart, traders can more easily spot trading opportunities and improve their chances of success.
Customizable features
- multiplier from the closest whole number price level
- line color
- line style
- label position / size
- # of levels to display
- toggle current price display table
Price Line Extended to the Right with Price Label | by Octopu$🔖 Price Line Extended to the Right with Price Label | by Octopu$
This is an Add-On customization tool for your Chart Price Level.
Tired of having the TradingView's priceline all across the Chart?
And not having the Option to turn it off/extend to right only?
Worry you not. Got solutions for any problems you may have!
As well as many arms.
This Indicator provides an extended price line to the right only,
Starting from the current candle, towards the price levels.
Additionally, provides a quick price label for fast reference.
You can turn on/off the line,
As well as on/off the label.
Colors change according to candle direction:
Up/Down matching Green/Red.
Please remember to turn OFF TradingView's price line.
Otherwise it'll overlap. Price Line/Tag "replaces" that.
Works in Any Time Frame.
On Any Ticker.
(Using ES 5m just as an example:)
www.tradingview.com
SPY
Features:
• Price Tag
• Price Line
• Extend to Right
• Automatic color change
Options:
• Toggle On/Off Price Line
• Toggle On/Off Price Tag
Notes:
v1.0
Indicator release
Changes and updates can come in the future for additional functionalities or per requests.
Did you like it? Boost it. Shoot a message! I'd appreciate if you dropped by to say thanks.
- Octopu$
🐙
JPY PPLPsychological Price Levels for JPY Pairs (Price Action Institutional Levels 1, 0.200, 0.500, 0.800, 1)
Applicable for forex Yen Pairs.
Levels are configurable for color, style.
Comments, Suggestions and Feedback are appreciated.
+ ATR Support and ResistanceThis, a very different script from most of mine, is my attempt at making a useful, and not messy, support and resistance indicator. If you've never looked into trader xkavalis, and his scripts and discord, I would highly recommend it. He talks about "pay attention candles" a lot. It got me thinking about what those are. Best as I can tell all he means by that phrase is large, impulsive candles. Sometimes these lead to break outs of ranges, or they may signal tops, bottoms, or near-tops and bottoms. The only way I could make sense of this in a mathematical way was by using the average true range. Basically, any candle's true range outside of the ATR is considered a "pay attention candle," by my definition.
This script originally began as just a candle coloring exercise with some optional shapes plotted above/below certain candles, but I quickly realized I wanted to draw lines or zones from these candles, so eventually, after many hours spent figuring out and learning 'line.new' and 'box.new' I got things sorted.
Essentially, my line of thinking is that on impulsive candles down, the origin of the impulse is more important than the close (not always of course, as there are no unbreakable rules in what markets can do), and with impulsive candles up, the same theory applies.
So, for upward impulsive candles I've marked out the zone from the open to the low as a support (until broken, in which case it may become resistance). For downward impulsive candles the zone encompasses the open to the high. I've given the option to plot a line from the close for all of these. It's turned off by default as it's just less stuff on the chart, but you may like it.
The line length is customizable in a menu. It does funny things on low timeframes on forex and stock charts (long lines that result in chart compression), but for some reason very rarely on crypto charts. If someone who is smart (not me) and has much experience with pinescript could perhaps help me out with a fix for this, that would be great. I suspect it has something to do with my "bar_index_duration" that I defined using the time function, but I'm not sure how or why.
Line length on time frames of one hour and up it is typically fine.
Use the ATR multiple to change the sensitivity of the indicator. This is basically the determination of when a candle is beyond the ATR. A multiple of two is two times the ATR. With lower volatile pairs you can maybe make this lower. On lower time frames or with more volatile pairs (illiquid alts in particular) a higher multiple might serve better. I find the default 1.75 is mostly acceptable.
As I started this I also thought adding some sort of volume information to the candles might be useful as well, so I added a simple candle coloring feature referencing the OBV and a 21 period EMA. Candles are colored based on the OBV's relation to its moving average.
I added some plot shapes and candle coloring utilizing the RSI as well. Options to turn on or off shapes plotted for overbought and oversold across the top of the chart. The most interesting feature that I implemented here is a support/resistance zone around the centerline of the RSI. If the RSI is between 49 and 51 then you can have optional candle coloring, shapes plotted above the candles, and s/r zones drawn on the chart. In trending markets the centerline of the RSI will frequetly act as support or resistance, so by being alerted of this condition on the chart you can use that with actual levels marked off in order to help make a judgement on a trade. I think it's a nice addition, and an oft overlooked aspect of the usefulness of the RSI.
I've also included a calculation, with candle coloring and/or plot shapes, for something like a stop run on high volume. The calculation for that is in its section below, and should be pretty self explanatory.
Lastly, typing this as I'm posting it, this indicator could also be useful for helping to find placement for trailing a stop. Just a thought!
TM_GAME_LEVELTM_GAME_LEVEL indicator have price values those play an important role in market structure explanation. This indicator is used with Day_Price _Level indicator with common values .
These price level must be draw with common values of swing? day levels and must be used during trading decision.
Value with " * " shows important level or a price cycle between two " * " values
Price respect to these levels if used with proper logic.
All the levels are very important .
TM_SWING_LEVELSwing level Indicator shows overall market price structure of market for Swing Position.
Terminology Use ==> Price Line, Price Level name and Price level
Timeframe ==> Use proper Signal with swing trend on 1 Hour or Upper time frame (Best if Use with 1 Hour chart or 1 Day chart).
What to Identify ==> Overall market price structure for the Swing Period
How to Use ==>
There are Many Line in price level chart
Green/red with Solid for important area of support or resistance
other dotted lines are for retracement or extension of prices.
Important Structure==> Price behaviors on all lines of possible support and resistance
Use market structure, chart pattern, trend lines for more support.
Entry ==>
Let’s wait the proper area of support or resistance (Area of Value in case of trend pattern use)
Exit ==>
SL of swing high/low out of market structure with proper risk management and target with proper Risk/ Reward Ratio
OasisTrading OHL Levels This indicator is free to all Oasis Trading Group members.
Open, High, and Low levels for D, W, M, 90D, 12M.
Labels and Alerts coming soon.
For Access or Questions: Private message us. Thank you.
UMMLMurray math with options to calculate wicks for readjusting of "Frame" ,mtf support to select desired period lines without switching time frames, Fractal and mtf fractal support ,option to keep just extreme deviations, UMML expands and contracts differently than similar scripts in volatile periods and are easily configurable by users for size,style and reactivity of lines
previous version hosted in link below
The Grid
indicator isnt finished yet as smoothening for line expansion and contractions is still being worked on alongside function to average the lines for short-median-long tf in MTF grid mode
