1. Previous daily Support and resistance levels ( Not showing on chart - Needs to be used on lower tf )
2. Previous Weekly Support and resistance levels
Blue circles = Weekly Support
Yellow circles = Weekly resistance
This setting is currently set to "0 days" so when you open the script it wont show.
On chart previous weekly is set to "10...
1. Two different support and resistance levels. One that focuses on price action and one for wicks. (Wicks needs to be turned on)
3. 20 ema trendfollowing. Bars change color. when price is over/under ema.
4. Bar color levels also work with rsi levels. Currently set to 0-100. If you only want bars to change color when the rsi is overbough/oversold. simply just...
🔰RyuMulti - Ryuzaki Multi-Indicator
This indicator uses a combination of several methods and indicators combined conveniently into one. It is a mix of useful tools with my own added settings to help easily identify trends and levels. It is unique as it additionally has my own settings, modifications, and options for each of the different sections...
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...
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
The Ace Pro GODSPEED Time Based Support Resistance Calculator has two functions.
Please note that this indicator is COMPLETELY CUSTOMIZABLE - TRADERS CAN INPUT THEIR OWN VALUES TO CALCULATE S/R.
Function 1: It marks intervals of time on the daily time-frame with vertical lines as specified by the user
Function 2: It can mark support and resistances with...
another day, another method for detecting support and resistance level. This time it's all about the VWAP and daily gaps it might produce.
How does it work?
The indicator detects when a new daily candle begins and the VWAP makes a big move in either direction. Often it produces a gap and this is where the support or resistance level will be plotted....
I'm very happy to publish this new tool, which will help you easily find
basic trend momentum (red if a bearish momentum is found, green viceversa)
Support Levels (where you can place your buy orders or short targets)
Resistance Levels (where you can place your sell orders or long targets)
Trendlines, known as diagonal supports and resistances...
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...
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 stop resistances.
-Red price lines indicates we're currently in a downtrend for that...
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...
CME Bitcoin Gap Finder Orderblock Support Resistance
I had a backlog of scripts to release, and so everyone is getting some Christmas gifts early!
I have been watching CME gaps and how they relate to BTC for over a year now. I find they make good orderblock support/resistance areas.
There is a limitation to how many lines I can draw with the...
Strategy based on MACD and Bollinger Bands, where BBs are calculatend from macd signal.
Strategy doesn't open at breakout of bands but it waits for a pullback.
Upper and lower bands are used as resistance and support.
There are various parameters that can be optimized.
I have also a study with alerts.
Please use comment section for any feedback or cointact me...
This is one of the many parts of my upcoming strategy, and used by me on daily basis.
This indicator incorporates various price action models and candlestick patterns, and combines them together to form a price point which is highly reactive in nature.
In the background it works on multitude of permutations and combinations to calculate the price point which...
Stock Analysis Software is a full trading setup and style that is meant for swing trading stocks, but can also be used for Forex, cryptocurrencies, indices and commodities. Whatever your choice of trading style (Intraday, Scalping, Swing trading, Investing) or trading instrument is (FX, Futures, Cryptos, Stocks) I can tailor it for you specifically. For example...
Heatmap - Support & Resistance (Volume Clusters)
The Heatmap is based on the real traded volume.
The Heatmap can help identify the levels of Support and Resistance, thus validating other indicators' Oversold or Overbought conditions.
Small blocks don't have much significance. On the other hand, bigger and brighter ones would mean strong levels of Support or...
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