Try's to find possible swing points and reversal points using mutli time frame moving averages and Fibonacci retracement with multiple lengths. Can be used to gauge trends and find potential entry points for trend following strategies. Can also be used to find potential price reversal points and areas of heavy resistance/support.
A Fibonacci retracement is a popular tool that traders can use to identify support and resistance levels, and place stop-loss orders or target prices.
The indicator connects any two points that are relevant, a high and low point.
The percentage levels provided are areas where the price could stall or reverse.
Levels should not be relied on exclusively. For...
DH: Grid Start Indicator
SAVE TIME & FIND BETTER OPPORTUNITIES
This "Grid Start Indicator" greatly reduces the time you must spend looking at charts, candlesticks and trend lines when seeking that ideal spot to set-up and start your next grid trade. Now, within minutes you can evaluate a grid start signal and determine if the opportunity is right for you or...
Ultimate Pivot Points !
- V4 Pinescript.
- 4 Types of Pivot Points (Traditional , Fibonacci , Woodie , Camarilla ).
- Multi-time Frame: you can select Pivots Timeframe (1m, 3m ,5m,15m,30m,45m,1h,2h,3h,4h,1D,1W,1M).
- Three Pivot Points in one chart, I called them and they all have option to show or hide.
- Unlimited Number Of Pivots Back for all...
Set the maximum data points to look back for a support resistance line, then set the pivot point threshold and your off to the races.
Very effective solution to have your support resistance points automatically show up on your chart. A good tip is to include 2 or 3 of this indicator on your chart with varying levels of degree for support and resistance...
This script will show lines of support/resistance in each period you set (default is 1week). It shows 6 levels with the difference you can set too (default is 5%). The reason why I set default as 5% because as I notice the market will get bounced when it reach 5% up/down and hold that level for some time before it start moving up/down again. Hope this script will...
THE BEST FOREX, BINARY OPTIONS, STOCK AND CRYPTO INDICATORS FOR TRADINGVIEW.COM
Our auto-trendlines indicator and our support and resistance zones indicator with Fast and Slow EMA's all combined in one!
Trendlines when drawn properly make an excellent tool for traders. Used improperly though, they become ineffective and even counterproductive,...
Trade Range Indicator Advanced - AltSumo.com
Need multiple timeframe support/resistance lines? We got you covered!
Ideal for automatically updating trade ranges on a hourly, daily, weekly or monthly timeframe .
Just choose the desired range timeframes and the indicator will add the the ranges on the chart.
Each timeframe can be adjusted to your own settings....
Monthly and Yearly only
What is a Pivot Point?
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is...
Indicator returns an average of 5 SMAs. an interesting point that I have noticed that the price has several times reacted on it.
Note 1: Do not just use this as a criterion for buying and selling, use as one more aid.
Note 2: It is possible to leave in the chart all the averages, if you feel it...