The indicator introduces a new representation of the previous days, weeks, and months highs & lows ( DWM HL ) with a focus on untapped levels.
It is popularly known that the liquidity is located behind swing points or beyond higher time frames highs/lows (in a sense, an intraday swing point is a day high/low)....
This indicator plots important session (intraday) levels for the day. It plots high and low of previous day, week, month, 52 week and all time. Also plots the vix range which shows the daily expected trading range of the instrument. These levels acts as important support/resistance for the day.
For example, if price closes above previous day, week, or month...
This script provides following levels:
1. ORB Level - You can adjust the timeframe of Opening Range (plots from 9am to 4pm)
2. ORB Fib Extension - 1.618 and 2.618 Fibonacci Extension of ORB High and Low (plots from 9am to 4pm)
3. Previous Day High/Low/Close - You can adjust color/thickness of the lines (plots from two days ago so that you can clearly see the...
This script plots the previous n day and week highs and lows (previous two days and previous week by default).
Here are some additional info about the script behavior:
Plots highs and/or lows
Plots for days and/or weeks
Day highs and lows are shown only on intraday timeframes
Week highs and lows are shown only on timeframes < weekly
Key Levels Backtest, same logic as the key levels script, provide levels based:
High, Low, Mid and Close.
This was requested, took a long time to post as I fell sick and was given a lot of Dev Work.
Hope this helps those who use it, very useful to see liquidity grabs in my opinion.
Input time in minutes!
Result of a user request.
This is the oscillator version of Price Clouds (PS). Use this with (PS) for best results.
This indicator shows you over bought and over sold regions similarly to to rsi or stochastic. This indicator centers a moving average around the hl2 of the price. This is calculated as the difference of four moving averages. The signal line shows you how much momentum in...
Yet another trend follower that is based on a very simple principle: Take the highest high and lowest low from a user defined bars back period, do an average between them and smooth them up with 3 possible moving averages, VIDYA, EMA and SMA, while VIDYA is the default.
What is VIDYA ?
Variable Index Dynamic Average (VIDYA) is similar to the Exponential Moving...
Japanese below. 日本語の説明は下記
This indicator shows high/low price of previous day(yesterday), last week and last month.
Yesterday’s high/low are shown on 4 hour or lower timeframe charts.
Last week’s high/low are shown on Daily or lower timeframe charts.
Last month’s high/low are shown on Weekly or lower timeframe charts.
Each price can be enabled/disabled to show...
If you trade Forex this is the indicator you need above all. Most recent six highs and lows on the daily, weekly, and monthly (includes current day). Support and resistance isn't quite what it is...until when that's exactly how it often plays out on the lines. They are called bank levels for a reason. *Not every line will support or resist of course*
An experimental indicator using Pine Script Arrays. The indicators measures the rate of change of the highest highs and lowest lows. I call it the "High Low Rate of Change".
The H/L Rate of Change indicator finds the delta between the current highest high and previous highest high and after some filtering places these values into an array.
Same goes for the...
Apologies, there was an error in printing for the thick gray boxes, happened when MTF was switched on. All better, and here is the details from before:
This is an interesting study that can be used as a tool for determining trend direction, and also could be a trailing stop setter. I use it as a gauge on MTF settings. If on, you can look at the bar cycle of the...
My friends, this is a very simple script, but it has some work to function the way it currently does.
Basically it prints the HIGH and LOW from previous day into the current day. This forms like a channel.
It's useful to visually detect when the price cross over the yesterday's high, or close under yesterday's low.
You can activate/deactivate colors as input...
The COG Oscillator (center of gravity) is an indicator based on statistics and the Fibonacci golden ratio. It uses ALMA as a trigger and LSMA as "zero line". The trigger is set tight by default but can be tweaked by adjusting the window size and sigma in settings. This is a great indicator for setting up trades and spotting reversals. There are 2 main strategies...
A simple scalping indicator, based on Highs and Lows.
It's working in any timeframe, the only condition is ... volatility .
Values are already set, but you can change them according to your preferences and to your chart.
Alerts are enabled.
Good day Traders,
Here is an indicator that I designed that is my version of the head and shoulders pattern. If you like it add it to your chart and see if it works for you.
The white trend lines are there to indicate to you how it more or less works. The green/red line is when the patter has been formed. I struggle to make it an area. If you know how please let...
Price indicator that shows the trend based on price movement.
The indicator determinants when an asset price is getting higher or lower by comparing the previous price highs and lows to the current price.
In case current HL2 exceeds the previous HL2 HIGH then the columns will turn green.
In case current HL2 fails the previous HL2 LOW then the...
Greetings Traders! I have decided to release a few scripts as open-source as I'm sure others can benefit from them and perhaps make them better.(Be sure to check my Profile for the other scripts as well: www.tradingview.com).
This one is called User-Inputed Time Range & Fibs.
The idea behind this script is to record the Range Highs and Lows of a User Defined...