This 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
Version 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...
Fibonacci Bands are derived from Fibonacci ratios expansion from a fixed moving average. These bands help traders find key areas of support and resistance . "Fibonacci bands" are computed by adding a Fibonacci ratio distance (Up and Down) from a "key moving" average (21, 34, 89 periods). An 8 period average of "True range" is computed. The multiples of Fibonacci...
This Script detects Bearish / Bullish GAP at market opening 09:30 am NY and automatically traces backward levels, of which 2 are configurable at your discretion.
This indicator is a combination of Pivot points with CPR, Moving Average and VWAP.
This is the first script that I publish. His main goal is to help identify the extreme of the day and to compare the VWAP with the average DPDC to find meaningful resistance and support.
The STP Support/Resistance Levels accurately detect the key levels by identifying large swings/pivots in historical price action automatically. It identifies price levels where historically the price reacted by either bouncing or reversing the direction. Prior price behavior at these levels can leave clues for future price behavior. These tops and bottoms in price...
During this period, you want to identify the high and low of the day. In addition, you will also want to account for the pre-market highs and lows, as these levels will often act like a magnet on price action after the bell rings. Since the opening bell is associated with big trading volumes and volatility , this time of the session provides many trading...
The opening range is simply the high and low of a given period after the market opens. This period is generally the first 30 minutes or the first hour of trading. During this period, you want to identify the high and low of the day. In addition, you will also want to account for the pre-market highs and lows, as these levels will often act like a magnet on price...
Quarterly only What is a Pivot Point? A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to...
Try's to find possible swing points and reversal points using mutli time frame moving averages and Fibonacci retracement with multiple lengths. Can be used to gauge trends and find potential entry points for trend following strategies. Can also be used to find potential price reversal points and areas of heavy resistance/support.
A Fibonacci retracement is a popular tool that traders can use to identify support and resistance levels, and place stop-loss orders or target prices. The indicator connects any two points that are relevant, a high and low point. The percentage levels provided are areas where the price could stall or reverse. Levels should not be relied on exclusively. For...
This is a testing project for fib levels to try out fivs on multi timeframes Thank you ShoujiSuzuki
This script identifies multi-timeframe fractal level, which can be used as support and resistance. If you are looking for someone to develop your own indicator or trading strategy, don't hesitate to get in touch with me here on TradingView or below. Contact: www.pascal-simon.de info@pascal-simon.de
Quickly Plot Support and Resistance Lines.