Abdul Rehman Trading StrategyBest Buy & Sell Indicator for Crypto, Forex and stocks. This indicator is based on Volume, RSI and current support and resistance.
Best Time Frame:
5 Minutes, 15 minutes
Long Positions:
You will see numbers appearing in Green Colour starting from 7,8 and then you can see the LONG position signal.
Short Position:
You will see numbers appearing in Red Colour starting from 7,8 and then SHORT Position Signal.
Important Note:
If you see the bearish trend in 4 hours time frame then always follow SHORT positions and if you see the bullish trend in 4 Hour time frame then always LONG positions.
Puntos pivote y niveles
Support/Resistance With Breaks & Bounces [MyTradingCoder]This script uses the built-in pivothigh/pivotlow functions to find and identify new levels of basic support and resistance. The script will also automatically identify the first occurrence of a bounce/rejection off the most recent green/red line as well as automatically identify the first occurrence of a breakout of the most recent green/red line. This is a very basic, but effective indicator that is well written, and open source for anyone to learn from or build off of.
All details needed to understand how to use the script are listed below. Enjoy!
Customizable inputs:
- Option to change how pivot points are calculated('candle body' or 'candle wicks')
- Option to change the sensitivity of the pivots(leftbars and rightbars linked)
- Option to change the line width
Available Alert Options:
- Red Line Breakout
- Red Line Bounce/Rejection
- Green Line Breakout
- Green Line Bounce/Rejection
User Manual:
- All calculations are done on the last update of the bar(candle close)
- Only 1 breakout will be allowed per line
- Only 1 rejection will be allowed per line
- If the text is red, then the signal is related to the 'red line', if the text is green, then the signal is related to the 'green line'
- The code is open source, and is programmed using arrays/loops out of the gate, despite not needing to do so. This allows for easy modifications to the scripts behavior while keeping the functionality without it breaking.
- Pivot Rightbars is hardcoded to the same value for leftbars(leftbars = sensitivity). Uncomment the input for right_bars if you want the ability to change the rightbars independently from the leftbars
- When a new line is identified, the old one will stop updating, and no longer be considered for breakout/rejections. This can be changed with a bit of pine knowledge by performing some slight modifications to the code.
- When a new line is drawn, the old line will move backwards a little bit for cleanliness/clarity purposes
- If you have any questions/comments/requests/concerns please leave them down in the comments below
- Don't forget to leave a like if you find this script useful
Support/Resistant Zone (Simple)The concepts of trading level support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis.
Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line. Meanwhile, resistance zones arise due to selling interest when prices have increased.
There are many ways to identify support and resistance zones. This indicator is a simple method to identify them. Support/Resistant zones will draw basing on the size of the wick for candles, which are Pivots High/Low before.
'last red low / last green high' exitThis is a good alternative to pivot points and ma lines to find long and short exit points (stop loss prices) for a trade.
When you hear traders say "set the stop loss to the recent swing", this indicator seems to do a reasonable job of finding those.
This script marks
the low of the most recent red candle
the high of the most recent green candle
in order to help identify a reasonable stop loss exit point for long and short trades.
You can also specify a distance threshold to the stop loss point.
How to use it.
Decide how far from the current price the exit should be (default 1.5%)
Use your chosen trading strategy to identify a long or short entry position
Add a long/short drawing to the close of the trade candle
Set the stop loos of your drawing to the exit line of this indicator
Set the take profit of your drawing using the desired risk to reward ratio
Note: A good rule is that if this indicator does not show a valid exit line, do not enter the trade.
Note: If the change of a new "last Green High" or the "last Red Low" is below 0.5%, the indicator will keep the previous values
Resistance/Support Indicator - FontiramisuIndicator showing resistances and support, based on pivots location
When a new pivot location is near from a resistance/support the latter gains weight.
You can modify multiple parameters :
Nb Max res/sup : Define the number max res/sup to keep in our res/sup history array. The greater it is the older bar index will be taken.
Nb show res/sup : Define the number of res/sup to be drawn.
Min weight shown : Define min res/sup weight to be shown. Weight is used to measure strengh of res/sup.
% range stack : Define price percentage change required to stack a pivot into an existing res/sup. Default is 0.015 = 1.5%.
Pivots are calculated with deviation parameter to validate with more precision.
Fontilab Library is used to code this indicator.
Trend Indicator (dow trending) - FontiramisuIndicator showing pivots and interpret a trend out of it.
Pivots are calculating with deviation parameter to validate with more precision.
Trending moves are calculated according to Dow Theory :
In an uptrend, if the price made a new high, the price must make a new high to confirm the trend, otherwise, it might signal a possible change in the trend.
In an uptrend, if the price made a new low, the price must make a new low to confirm the trend, otherwise, it might signal a possible change in the trend.
The indicator can show 2 trends with 2 different "Pivot Depth"
See indicator parameters.
Tab is display at the bottom right corner to show trend direction and if it is hesitating
Fontilab Library is used to code this indicator
High/Low/Open/Close Daily, Weekly, Monthly Line
I wrote this for the purpose of saving time while marking up charts by automating the process of drawing and labeling lines at areas of interest on larger
timeframes while still having the option to change the style and size of the lines and labels to adjust for any timeframe and avoid a messy chart.
I also used this as an exercise in menu organization giving users every imaginable option and producing clean readable code.
- This indicator draws a line on the Daily, Weekly, and Monthly bar at the High, Low, Open and Close of each bar as price
tends to react when revisiting these areas.
- Each set of bars has an optional identifying label with its own color set that can be shown with or without the lines
price value, and has drop down menus for size and style of each set of labels.
- Each set of lines has inputs for line/text color, line width and style, and can be hidden if the user doesn't have the need for any particular timeframe.
- Lines and Labels with delete when a new line is created.
- I recommend going into Chart Settings/Status Line and turning off indicator arguments OR moving the script to the top
of the indicator list to avoid an obstructed chart view with this indicators arguments. When Pine allows, I will update it to hide them.
Contains some public domain code from T.V. manuals and tutorial for creating drop down input menus for options.
/ ~For My Pal Jittery~
~ Who likes his clean chart and custom colors~
Pivoting PivotMany people use Pivots when conducting analysis, but I don't see many people using pivoting pivots. Pivoting pivots are pivots that don't have any other pivots around them. They can be useful when trying to separate pivot clusters from important pivot points.
The code is calculated by finding the distance between two candlesticks (left check), then calculating the distance between the last pivot and the current candlestick.
On the chart: labels are TradingView's official pivot high and pivot low script, and the blue candle color is my pivoting pivots (both with a look left and look right of 2).
Special thanks to @fikira for helping me with ideas for the calculations!
Baseline (BL)My baseline study lets you compare price to the previous days close. You can select the time frame for this baseline. I have included the ability to use a custom period length or your own anchor value. Custom anchor values are great for comparing the price to your cost average. The features I have included are bar color and background color.
I liked the idea of the 'baseline" chart but I didnt like the implementation.
Enjoy
Tycoon Gann Currently this script will work for the stocks and futures price trading in between 1000 - 100000. In our future update we will add another feature that will give you access to all the price digit stocks futures and currencies too .
This is purely based on a secret method of Tycoon Infotek as a research of GANN levels we found in our experience these WD GANN Trend angle based calculations giving us some important hints to watch . Degree offset from previous close price add 90 degree to calculate resistance and substract 90 to get resistance levels . green color dots denotes buying pressure zone and red color denotes selling pressure zones . yellow line indicates neutral sign
These levels not only shows us the Support and resistance . It clearly intimate us the strength of selling and buying pressure naturally occurred once the price reaches the zones.
TRADEMASTER 2.35Trade master Trend Finder This is a volatility tool designed to get the daily bottom and top values calculated using a daily ATR and IV values. ATR values can be calculated directly, however for IV I recommend to take the values from external sources for the asset that you want to
CPR WITH BREAKOUTCPR with 10-30 mins Breakout
This indicator includes CPR with 15-30 mins breakout, resistance, support, previous day low, previous day high, day low and day high etc,
please backtest before use
regards
The Malayali Trader
Pivot Points (Channel | Fib | Support/Resistances)auto pivot point channel, channel fibonacci and support/resistance lines
JxModi CamarillaAddition to the Camarilla Pivots, This script will allow user to Add 4+1 more Indicators -EMA-9/20/50/200 & VWAP .
As well EMA can be change.
All the Support(L) and Resistance(H) levels can be enabled / disabled from settings. It will allow to select multiple combinations of support(L) & Resistance(H) levels across levels at any of the Time-frames individually and combined.
All EMA & VWAP Indicators can be can be enabled / disabled from settings.
Camarilla pivots Support(L) & Resistance(H) levels Can be Changed for any of the Time frames.
Swing High/Low Indicator w/ MACD and HTF EMA'sSwing High/Low Indicator w/ MACD and EMA Confirmations by KaizenTraderB
I designed this indicator to be used with a market structure break strategy.
It labels swing highs and lows that are confirmed by the MACD.
It also displays a higher timeframe Fast and Slow EMA to determine directional bias.
Also provides alerts that signal Swing Low breaks in downtrends and Swing High Breaks in uptrends.
It draws a horizontal line on the last Swing High and Low.
Display this indicator on your entry timeframe and choose your Higher Timeframe in settings.
You can also change lookback period for Swing Highs and Lows and EMA's.
When I use this I am looking for the Swing High/Low break in direction of HTF Trend
Then look for pullback between price level of break and areas of liquidity (wicks, order blocks, price congestion) for entry in direction of EMA trend.
NoBrain BreakoutUse 3min. Time frame.
Buy Stock Selection:-
When Close Price Cross Monthly Standard Pivot R1 & Monthly Standard Pivot R1 is Greater than Previous Day High( PDH ) Or Close.
Price must be Above 44 MA ,48 EMA & Vwap
***Buy When 3min Candle closed Above Camarilla R4 or Monthly Standard Pivot R1 whichever is High.
Sell Stock Selection:-
When Close Price Cross Monthly Standard Pivot S1 & Monthly Standard Pivot S1 is Less than Previous Day Low( PDL ) Or Close.
Price must be Below 44 MA ,48 EMA & Vwap
***Sell When 3min Candle closed Below Camarilla S4 or Monthly Standard Pivot S1 whichever is Low.
Trading time for
1st wave 9.30am to 10.45am.
2nd wave 12.45pm to 2.45pm.
(Based on NSE/ BSE India)
Indicators:-
1) Pivot Points Standard - Time Frame monthly.only select R1
2) Pivot Points Camarilla- Only select R4.
3) SMA 44
4) EMA 48
5) Vwap
6) For Trailing Stop Loss use SuperTrend- Length-13 Factor-2.7 or Length-15 Factor-3 (3min Timeframe)
Close Over/Under LevelIf you want to be alerted when a price closes above or below a given level(s), then this indicator is for you! 😁 Whether you're looking for a breakout, or some change of structure, etc, this should come in handy.
Usage:
Just add a level(s) (anything above 0).
Optionally plot lines.
Set alerts as normal.
Enjoy!
Pivot Points High Low Multi Time FrameHello All,
There are built-in and published Pivot Point High Low indicators in Public Library but as far as I see none of them is for Higher Time frames. so I decided to write & publish this script. I hope it would be useful while trading or developing your own scripts. I also did this to use in one of my future projects (we will see it in a few weeks/months ;) ).
I tried to make all settings optional, so you can play with them as you wish.
P.S. There is no control mechanism if the chart time frame is lower than the time frame in the options. So you better set higher time frame in the options than the chart time frame.
Enjoy!
Hide Extended Hours (Candlestick chart)Script adjusts the transparency of extended hours candles, therefore it emphasizes candles of regular trading hours, and it's easier to mark more precise key market levels.
HTF Liquidity Levels█ OVERVIEW
The indicator introduces a new representation of the previous days, weeks, and months highs & lows ( DWM HL ) with a focus on untapped levels.
█ CONCEPTS
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). These key areas are said "liquid" because of the accumulation of resting orders, mainly in the form of stop-loss orders. And this more significantly on higher time frames which have more time for stacking orders. As the result, the indicator aims to keep track of untapped levels that have their liquidity states intact.
Liquidity Pools
Once a liquidity level identified, or better, a cluster of liquidity levels work as magnets for the market. The price is more likely to make its way towards heavier pockets of liquidity, by proximity (the closest liquidity pool), and by difficulty (path with less obstacles). This phenomenon is referred as liquidity run, raid, purge, grab, hunt, sweep, you name it. Consequently, the indicator can help you frame a directional bias during your trading session.
█ NOTES
Drawings
Once a level is tapped, it is highlighted. At the end of each day, all tapped levels are cleared.
Weekly Returns with BenchmarkSome time ago I published Monthly returns table. Now It's time for weekly one.
To get it work you need a pretty big screen, but I hope it will be useful for some of you.
Features of this table includes:
Display weekly returns of your strategy, benchmark, and alpha over this benchmark.
Select benchmark to be another instrument
Select the date from which you want to compute monthly returns
Show/hide benchmark and alpha
Choose colors for gradient for gain/loss values
Use it with any type of strategy
Use it with replay
Thanks to @MUQWISHI to help me coding it.
It's not about the strategy itself but the way you display returns on your chart. So pls don't critique my choice of the strategy and its performance 🙂
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
Magic levelsIt is by far the simplest on chart presentation of Gann square of 9. It calculates the levels based on previous day closing. These levels usually acts as support and resistance.
4C Daily Levels Suite + Premarket High/LowThis '4C Daily Levels Suite + Premarket High/Low' indicator is a clean way to automatically plot important daily levels including:
Prior Day High
Prior Day Low
Prior Day Close
50% level between Prior High/Low
Today's Open
Today's Premarket Low+High
This Daily Levels indicator is unique in its ability to:
-Plot all of the daily level PLUS premarket high/low levels (extended hours must be turned ON)
-Can hide past days levels, only plotting levels on the current day, to keep chart cleaner
-Can extend line levels right or fullscreen
-Plots the level price at each level on the chart
-Can show/hide price levels labels
-Can add supplemental premarket levels plot to show levels being formed during the premarket time period
-Coded with line.new vs plot so dashed lines are available as a style
-Automatically hides the indicator if the timeframe selected is Daily or greater
SEE SCREENSHOT EXAMPLES BELOW
Default mode, with extended hours showing:
With supplemental premarket plot showing:
Default mode without extended hours showing:
Showing past day’s levels
Extend lines to fullscreen
Some parts of this code were adapted from 'pd Levels' by CryptoCurl
