Compressed Volume Levels closely analyzes peak volume along with price action to detect critical levels. The compression levels generated are often an early indication of possible tops, bottoms, or even a future support or resistance levels. Warning: Since this is a volume based indicator results will vary based on the asset and volume of the exchange. The...
Hello All, For Long time I was planning to make Support/Resistance Channels script, finally I had time and here it is. How this script works? - it finds and keeps Pivot Points - when it found a new Pivot Point it clears older S/R channels then; - for each pivot point it searches all pivot points in its own channel with dynamic width - while creating the...
This is paid version. If you wanna use free version This show support line, and resistance line. moderately! and beautiful way! also proper trend line . you cannot see source code, but it doesnt have any secret formula. It use just pivot function. ( i just wanna keep my design tech. ) it has 3 type line. 1. horizontal. yellow. default pivot size is 15 2....
I use this indicator to mark levels and mathematically categorize my 15mins chart into smaller trading zones. You can view these as Support and Resistance levels as well, however, the main function is to visually divide the chart on the basis of previous days' price movements. - Levels are calculated based on the Average % Change per Day for the last 5 Days....
This script uses the Traditional Pivot Points but includes the price levels and the 50% line between levels. We added the ability to change the line color of the major levels and the minor levels independently, for better clarity. Added alerts - used code from QuantNomad. Pivot Points description from TradingView default indicator: Pivot Point analysis is a...
This indicator helps to identify current support and resistance based on the opening of the Asian, London and New York sessions. Function You can make good trade entries based on these lines. Shows daily and weekly openings of each session It will also help you to look at which session you are currently trading) Purple ----> Asian session Red ---->...
This script is our Pivot Points and ATR based Support and Resistance indicator -A 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, A resistance zone arises due to selling...
Script to track market makers. Colors candles with higher trading volumes, demonstrating that a lot of smart money is happening. Exponential moving averages of 100, 200 and 233 periods with VWMAP 25 and DRAGON. To use this indicator, it is necessary to understand PVSRA strategy. You can read our PVSRA study on our...
1. This Indicator is used to identify the short-term and longer-term Support/Resistance levels. 2. Please try to keep base inputs as provided though it gives you the opportunity to change ticket price source and length as per your convenience. 3. With default settings: a. The thick Red line is identified as Longer timeframe support b. The thin Red line...
This is a new take on Traditional Pivot Points. By modifying the calculations, we were able to create "pivot zones" with a decent degree of accuracy.
In This experimental study, we've taken RSI data, Volume Profile, and Trend analysis, combining them into one unique package that will allow a trader to analyze market trend lines and their proposed channels, trend momentum through candle color augmentation similar to "Pulse", and Visible Volume index price levels on chart for the current sequence. Below are...
Tradespot - S&R Suite No configuration needed, works out the box Dynamically created S&R lines & zones based on ongoing price action Dynamically created fibonnaci retracement lines to create your trading range Completely open to building a core trading strategy upon Want to know more or have questions? Come join the Tradespot community, or send me a...
Best for intraday trading! Key levels to watch during intraday include Open price, high & low of the the and of yesterday's. These lines are plotted on the chart with VWAP in addition. Hope it helps!
This moving average indicator is a bull market support band. It's significance comes from the previous bull runs where the price was bouncing off or riding from a distance the support band until the end of the market cycle. For example, during the 2017 bull run, Bitcoin had several 30-40% corrections to the support band. The green line represents the 20 weeks...
Ichimoku + 2 base line This indicator is a combination of Ichimoku cloud indicator with two base lines. The first base line is the same as the Ichimoku default settings but the baseline 2 indicates an average of 108 candles in the past and it acts as a strong support and resistance level. How to use this indicator? You can use this indicator to see if a...
This is an indicator that automatically detects and displays support / resistance zones. It displays up to 5 zones with a large number of reversals. - Zone Color : Set the zone color. - Number Of Zones : Set the number of zones to display. Can be set from 1 to 5. - Zone Width : Set zone width. Selectable from "Very Wide", "Wide", "Normal", "Narrow", "Very...
This is an indicator that automatically detects and displays support / resistance zones. It displays up to 3 zones with a large number of reversals. - Number Of Zones : Set the number of zones to display. Can be set from 1 to 3. - Zone Width : Set zone width. Selectable from "Very Wide", "Wide", "Normal", "Narrow", "Very Narrow". - Number Of Reference Bars :...
A simple way to identify potential breakouts at the New York market open. This indicator plots the high and low of the New York Pre-Market, providing a great visual of a potential breakout levels.