Smarter SNR (Support and Ressistance, Trendline, MTF OSC)Built with love "Smarter SNR (Support and Ressistance, Trendline, MTF OSC) "
This indiator will show you Support & Ressistance, Good Trendline, and Multi-timeframe analyzing of Oscillator (Stochastic and RSI)
You can combine with your own strategy, or use this purely
DISCLAIMER :
Measure the risk first before use it in real market
Backtest The Strategy was very important, so you know the probability
Fundamentally Logical :
SNR -> Last 3 Zigzag Pivot
Trendline -> Using two last pivot for calculating the slope
Features :
1. SNR
2. Trendline
3. MTF Oscillator Analyzing
How to use it :
1. All Label, Table & Line can be turned on/off in settings
2. Pivot Period can be Adjusted in settings
3. All Label, Table & Line style can be adjusted in settings
Regards,
Hanabil
Mtfanalysis
+ %UMAIf you are familiar with the %B for use with Bollinger Bands, then you will understand this indicator immediately.
Designed for use with my +UMA moving average, this works in exactly the same way, with a few differences.
First off, as you can choose on which type of moving average the calculations are made, so too you will want to match this up with the one you are using. That of course goes for the standard deviation as well (just like you would with Bollinger Bands and %B). Here, because the +UMA uses highs and lows to create a sort of moving average channel, and then also to create the bands, I've opted to set the inner part of the bands as the extreme edge that the %UMA equates with the upper and lower lines.
I've added a moving average, donchian channels, and auto-plotted divergences as well, if you like. Typical color related stuff that I do. Alerts for everything.
Hope you like it!
The above image is comparing two of the same indicator, but based on different moving averages, and how it might plot divergences differently between the two.
ViVen - Multi Time Frame - Moving Average StrategyHi Traders,
Indicator Description : Multiple Time Frame Moving Average lines in One Chart.
Moving Average Types : SMA, WMA, EMA
Moving Average Period : 20 Default (Variable up to 200)
MA Time Frame : 1m, 3m, 5m, 15m, 30m, 1Hr, Daily, Weekly, Monthly (All lines in one chart)
You can turn ON/OFF the moving average lines based on your requirement.
Moving Average Table : The table will give you an idea where the price is currently trading (LTP), if the price is above any of the moving average then it will show you the Price is above MA and wise versa.
Trading Method:
Monthly, Weekly, Daily and 1Hr Moving averages will tell you whether the script is in Bullish Trend or Bearish Trend.
Basically the moving averages will act as Support and Resistance Levels. With candle confirmation you can take trade.
Ready to Take Position - When 1m MA Crosses 3m MA (Upside / Downside)
BUY Strategy:
"Buy" - when 3m MA breaks 5m moving average on the upside. (Intraday/Scalp)
"Hold" - when 5m MA breaks 15m MA on the upside.
"Strong Hold" - when 15m MA breaks 1Hr MA on the upside for Long term.
"Exit" - when 3m MA breaks 5m MA on the Downside.
SELL Strategy:
"Sell" - when 3m MA breaks 5m moving average on the Downside. (Intraday/Scalp)
"Hold" - when 5m MA breaks 15m MA on the Downside. (Intraday)
"Strong Hold" - when 15m MA breaks 1Hr MA on the Downside. (Positional).
"Exit" - when 3m MA breaks 5m MA on the Downside.
If you agree with this strategy and works well please like this script, share it with your friends and Follow me for more Indicators.
In the next Version, I will come up with Strategy table that I have explained here.
Thanks for your support.
Indicators OverlayHello All,
This script shows the indicators in separate windows on the main chart. Included indicators are RSI, CCI, OBV, Stochastic, Money Flow Index, Average True Range and Chande Momentum Oscillator. indicator windows are located at the top or bottom of the chart according to last moves of the Closing price. Different colors are used for each indicator. Horizontal levels are shown as dashed line and label as well.
Using the options;
You can enable/disable the indicators you want to see or not
You can change source and length for each indicator
You can set window length. using this length indicator windows are located on the chart
After you added this indicator to your chart I recommend: right click on any of the indicator windows => "Visual Order" => "Bring to front" as seen screenshot below:
in this example only 3 indicators enabled and period is set as 80:
indicator windows moves to the top or bottom of the chart according to the close price:
P.S. if you want to see any other indicator in the options then leave a comment under the indicator ;)
Enjoy!