Pivots detected at higher timeframes are more significant because more market activity—or work—is required to produce them. This indicator displays pivots calculated on the higher timeframe of your choice. Features ► Timeframe selection — The higher timeframe (HTF) can be selected in 3 different ways: • By steps (15 min., 60 min., 4H, 1D, 3D, 1W, 1M, 1Y). This...
Who wouldn't like to be able to tell when the market actually reverses instead of just faking it? Every trader who has tried pivothigh/pivotlow functions for that, surely bumped into so many meaningless reversal signals, that probably got discouraged with this concept entirely. Yet, pivot points are very important. Only they need to be confirmed at least a little...
The script draws critical lines for IntraDay traders: 1) High/Low of the last Month - in Red/Green thick line 2) High/Low of the last Week - in Red/Green 3) High/Low of the first 30minute of the current trading day - in Yellow 4) High/Low of the first 5min of the trading day - in Grey
This indicator shows fractals in different timeframes. With the possibility of coloring the bars with any combination of current, daily, weekly and monthly timeframes. The return points are calculated as follows: high > last 3 highs and close above highest low low < last 3 lows and closes below lowest high The direction of higher timeframes fractals tend to be...
Pivot points based on VWAP values instead of OHLC
Created by nitin nraodeo cpr pivot - based on pivot boss vikram
Breakout above previous pivot points trigger a long. Close below pivot lows trigger the exit. Most effective during trends.
1. 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.
This script can be used with candlesticks, accompanied with " RSI + Divergences" The calculation is different than my "Divergences (Pivots)" Thank you!
This 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...
When 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 -...
Introduction 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...
camarilla - Daily,Weekly,Monthly levels in one chart for support and resitance
So my goal here was to combine all of my RSI ideas into a single indicator in order to make kind of a "Swiss Army Knife" version of the Relative Strength Index...
Classic Pivotpoints useful for Scalptrading. Input Timeframes: Hourly, 4-Hourly, Daily
A very simple indicator that marks the start of every month with a vertical line. But default the vertical line is gray with 80% transparency but you can customize the style/color/transparency as you like. I hate crowded charts, bloated with all kind of crazy shapes and I created this indicator for two main reasons: 1. beginning/end of the month is an excellent...