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Pivot points and levels

RSI & BB QQE Mod (highlight)This script is a combination of the RSI, QQE and BB Here is an explanation on how I combined them, and how they are used: - RSI (Relative Strength Index) - Display a smoothed version of the RSI to identify "oversold" and "overbought" market phases - Used to calculate a QQE - QQE (Quantitative Qualitative Estimation) - Used to identify trend direction and trend strength - Used to set a basis for the BB - BB (Bollinger Bands) - Used with QQE as a basis to determine a relative definition of "high RSI" and "low RSI" - Used with QQE as a basis to determine the volatility of the RSI at a given moment - Used to predict pivot points Here are the main signals: - When "RSI Smoothed" line above the Upper BB then "RSI Smoothed" line turns green - Also , display green background color highlight - Also , and if "RSI Smoothed" is above the overbought line then display a second green background color highlight - When "RSI Smoothed" line bellow the Lower BB then "RSI Smoothed" line turns red - Also , display red background color highlight - Also , and if "RSI Smoothed" is bellow the oversold line then display a second red background color highlight A tool codded to be aesthetically pleasing and VERY customisable: - Designed for both light theme and dark theme users - Value can be easily modified in the settings - Colors can be easily swapped in the settings - Opacity of "fill" & "bgcolor" regrouped as a single input A tool codded to be easy to read and to learn from: - Sources and inspirations all listed within the script - Structure easily identifiable (to understand with little to no effort how the script works) Notes : - This script is lagging, because of that I do recommend using it on relatively large timeframe - This script is OpenSource, feel free to reuse it, but if so please remember to include a link to my script in your sources - This script is not a magical tool, use at your own risk
Pine Script™ indicator
by DZIV
Support & Resistance Trendlines with PP + Fib. Channel█ Support & Resistance Trendlines with Pivot Points + Fibonacci Channel This script automatically draw support and resistance trend lines based on pivot points and add a fibonacci channel. It will show potential patterns with the help of support and resistance lines as well as breakout target and pullback entry with the fibonacci extension and retracement levels. It is based on atolelole's script, I only made it more configurable so please check out his script. I added the possibility to change values and add additional retracement and extension levels. I also made it customizable with the possibility to change lines color, width and style.
Pine Script™ indicator
by Yatagarasu_
28
Convert ETF to Futures/IndexThis indicator is used to automatically map an ETF's VWAP and 10 levels above and below the strike of your choice, to the futures or index instrument currently being viewed/traded. This works very well when using both SPY to ES/MES/SPX or QQQ to NQ/MNQ/NDX to plot the ETF strikes and can lead to some incredible trades, especially when trading level to level. Since SPY, QQQ, IWM, and DIA have the same price action as their futures iteration, there seems to be a direct correlation between their levels and VWAP . This indicator is made to easily map these key levels to the appropriate futures instrument. If you have a way to measure GEX centered around a certain level, I recommend color coding the lines to help indicate whether the level will have strong positive or negative gamma hedging associated with it.
Pine Script™ indicator
by kfatkin
1
Bodies X Wix Version of Smart Money Tools by makuchaku & eFeThis is the same Script as Super Fair Value Gaps / FVG /BoS / by makuchaku & eFe. Mine Should Default to Large Text instead of small. The Super Order Blocks I believe was meant to for you to find one of the many Smart Money tools such as turn on the Fair Value gap but leave the others off, or Turn on where the Break of Structure and leave the others off. The reason I believe this is because the default values for each of the structures were default colored (green for positive and red for negative) for all. Mine has a different Color for every possible structure. As long as you can read with the larger text that I added, then you can create your own boxes positive for break of structure, rejection block, order blocks and fair value gaps for any time frame. The reason I did that is because There's only certain things I believe I will need to mark for myself in each time frame, and then from there You can stretch iyour own box out further in time because if price touches a fair value gap for example, the fair value gap should conyinue in time until at least 2 candles have filed the Fair valu gap going both directions. That's truly when the fair value gap should is mitigated and will from off the chart. However, If I knew How to add the code for that, I would. Additionally, I have the Max Boxes per chart, so you should have the ability to see every OB, FVG,RJB, & BoS on the chart I tried my hardest to create a colored border that was different from the box. But the way the original was coded was almost impossible to do. Because they defined each of the structures (FVG, OB, BoS, RJB) outer levels, when the outer levels connect via math in the code, then it joins all the outside lines for a rectangle. When creating a box, the coloe will always be the same as the border unfortunately. (Unless I replan this from the beginning) I also Changed the default labels for reach structure from a hard to read gray to a white that pops out. Also, chart indicators are a little large as well. Such as the cross, sideways cross, The green Triangle, and the white Diamond. You'll get used to it or you can change it as well. Creating videos for students, you need something they can see. So, I just wanted to ensure everything was a little more unique and easily usable when showing this to my students when I send them private videos for our weekly lessons. I'm trying to learn how to use the IPFS for THAT, (which i see has invaded PineScript) Hope this indicator helps. If you're to borrow this, Just make sure you keep the authors in the name makuchaku & efe
Pine Script™ indicator
by BodiesXWix
3
Spider Lines For Bitcoin (Daily And Weekly)I haven't seen any indicator do this, so I decided to publish this to form automatic Spider Charts without actually going through the effort of drawing them! This script charts dotted lines (spider lines) all over, depicting support and resistance levels. It works by connecting some candles from the 2018 bear market to the candle from 1st July 2019, followed by extending the lines to the right, making support and resistance levels for the future. The script works only for the daily and weekly charts for Bitcoin. The levels are accurate to a good extent. If the lines don't load, zoom out until the 2018 bear market top and it should load then. Have fun with this indicator!
Pine Script™ indicator
by chinmaysk1
5
Auto Fibo Multi Timeframe [Misu]█ This indicator shows a Multi Timeframe automatic Fibonacci retracement levels. This indicator is built using pivots from a user-selected timeframe to draw and orient the Fibonacci retracement. Fibonacci analysis uses a logical sequence of numbers to predict trends and price action. █ Usages: The Fibonacci retracement is used to identify hidden support and resistance levels that an investor can use for entry, exit, and stop placement. Depending on your usage, you can track breakouts above and below retracement levels to provide early entry points for major breakouts and breakdowns. Higher timeframe Fibs allow you to have more relevant and weighted signals. █ Features: Choose Timeframe Choose Fib levels Color Fib Levels Individually Color Fib Levels all in one █ Parameters: Timeframe: The Timeframe chosen. Left Bars: A parameter used to calculate pivots. Right Bars: A parameter used to calculate pivots. UI Settings: Select Fibs levels and colors.
Pine Script™ indicator
by Fontiramisu
14
Daily Profile (Nephew_Sam_)From getting several requests to combine many of my indicators into one, this indicator plots everything you need for a Daily Profile. 1. Session = Current session + Daily dividers + day of the week 2. Open Lines = Plot the open of the day, midnight, week and month 3. Asian Range = Plots the asian range with an option for midpoint and extending lines 4. Previous OHLC = Plot the previous day/week/month OHLC EVERY line/label/color/size/style is fully customizable in this indicator. Important to adjust your timezone to get the correct data
Pine Script™ indicator
by nephew_sam_
39
SQueezeVergenceThis is my SQueezeVergence indicator. It fires Buy and Sell signals based on squeeze momentum and trend. **It also creates Bull and Bear signals based on MACD divergence which should only be used as areas of support and resistance being as these signals repaint based on a 5 candle look back of pivots.** All settings are editable for better use. The default settings are what I use on the 1 Minute chart of ES to scalp. This is a simple indicator to help me get alerts on when I need to scalp. The divergence signals work well for areas of significance. I like to watch for breaks of these levels along with support and resistance. I hope this helps.
Pine Script™ indicator
by barrettdenning
4
Pivot mtf semaphore support&resistance [LM]Hello Traders, I would like to introduce you pivot semaphore mtf support&resistance levels. The idea is the same as my other S/R scripts to have a look at the important levels. The Semaphore is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones. The script is based on amazing work of @LucF so really big thanks for your work on mtf line offsetting. It has three settings: First two settings are for higher timeframes Third setting is setting for pivots on current timeframe !!!! Very important is there is limitation in pinescript how many candles you can look back(4999) if you choose timeframes that are very distant from each other there is a chance that those lines won't show up Hopefully you will enjoy Cheers, Lukas
Pine Script™ indicator
by lmatl
4
Economic Calendar Events: FOMC, CPI, and moreThis script plots major events from the Economic Calendar that often correspond to major pivot points in various markets. It also includes built-in logic to retroactively adjust larger time intervals (i.e. greater than 1 hour) to be correctly aligned with the interval during which the event occurred. Events are taken from the Economic Calendar and will be updated periodically at the following library: The above library can be used to conveniently access date-related data for major Meetings, Releases, and Announcements as integer arrays, which can be used in other indicators. Currently, it has support for the following events: FOMC Meetings The FOMC meets eight times a year to determine the course of monetary policy. The FOMC's decisions are based on a review of economic and financial developments and its assessment of the likely effects of these developments on the economic outlook. FOMC Minutes The FOMC minutes are released three weeks after each FOMC meeting. The minutes provide a detailed account of the FOMC's discussion of economic and financial developments and its assessment of the likely effects of these developments on the economic outlook. Producer Price Index (PPI) Releases The Producer Price Index (PPI) measures changes in the price level of goods and services sold by domestic producers. The PPI is a weighted average of prices of a basket of goods and services, such as transportation, food, and medical care. PPI is a leading indicator of CPI. Consumer Price Index (CPI) Releases The Consumer Price Index (CPI) measures changes in the price level of goods and services purchased by households. The CPI is a weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. CPI is one of the most widely used measures of inflation. Consumer Sentiment Index (CSI) Releases The University of Michigan's Consumer Sentiment Index (CSI) is a measure of consumer attitudes about the economy. The CSI is based on a monthly survey of U.S. households and reflects the consumers' assessment of present and future economic conditions. The CSI is a leading indicator of consumer spending, which accounts for about two-thirds of U.S. economic activity. Consumer Confidence Index (CCI) Releases The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation. Non-Farm Payroll (NFP) Releases The Non-Farm Payroll (NFP) is a measure of the change in the number of employed persons, excluding farm workers and government employees. The NFP is a leading indicator of consumer spending, which accounts for about two-thirds of U.S. economic activity.
Pine Script™ indicator
by jdehorty
63
Converging Pullbacks and PeaksMulti Timeframe Converging Lines Indicator. Using the highest/lowest Values at 2 different lengths. Convergence created by taking the highest/lowest value and subtracting/adding the # of barssince the highest/lowest bar was set multiplied by the price multiplied by the float. Curves are created from averaging out the emas of the center lines of the extremeties. Helps show trendlines automatically most of the time but can be tweaked by changing the floats or Fast/Slow lengths to you liking.
Pine Script™ indicator
by EsIstTurnt
OHLC-TablesENGLISH VERSION The command shows the opening-high-low-closing-change values ​​of that day based on the previous value in each period. You can set the clock in any time zone you want. You can use the indicator by adapting it wherever you want on your screen. You can adjust its position. Top-Left-Middle Left- Bottom Left/ Top Right-Middle Right- Bottom Right. Although it is not a command with a Buy-Sell indicator, its user-friendliness and convenience were taken into account while developing it. The purpose of the indicator is to allow you to consider the values ​​while focusing not only on the chart you are watching.
Pine Script™ indicator
by shadlee
2
HH-LL ZZAnother ZigZag, yes... I believe though this concerns another angle/principle, therefore I wanted to share How does it work? Given: source for level breach -> close X breaches -> 3 Let's say this is the latest found 'lower low' (LL - blue dot under bar): This bar has been triggered because 3 bars closed under low of previous 'trigger bar' (TB ) The high and low of this new TB  will act as triggers (aqua blue lines, seen in image above) Then there are 2 options: - again 3 bars closes under the latest TB , in that case the TB  moves to that new LL. - 3 bars closes higher than the high of previous TB  The high and low of this new TB  act again as trigger If a new TB  LL/HH is found, the script checks previous LL/HH and searches the highest/lowest point in between. If necessary, the temporary highest/lowest will be adjusted: Another example: The last 2 points can change (repaint). Yellow coloured lines/labels are set and won't change anymore. Concluded: In case of these settings: source for level breach -> close X breaches -> 3 once a new TB  is found, the high and low act as trigger lines - when 3 bars closes under that low , a new LL is found, this will be the new TB  - when 3 bars closes above that high , a new HH is found, this will be the new TB  and so on... Settings: source for level breach -> close or high/low - H/L X breaches -> 1 -> 10 line style -> solid, dotted, dashed show level breaches -> new found TB (blue/lime coloured) show Support/Resistance (lines at the right) repaint warning can be removed show labels / lines This ZZ can be used for Harmonic patterns, Trend evaluation, support/resistance,... In this script, I also used new features - text_font_family = font.family_monospace -> link - display=display.pane -> link Cheers!
Editors' picks
Pine Script™ indicator
by fikira
57
Trend SuggestionsThis brings together a number of variables to produce trend predictions that could be utilized as decision-making tools. Uses the aforementioned price and volume derivatives - A moving average and three weighted moving averages (WMA1, WMA2, WMA3) - Super Trend Line (ST) - Opening Range Breakout on Five Minutes, Resistance Bands Pocket pivots, support, and price volume he Direction is determined by the High and Low Bands of WMAs and the Supertrend Line, which are used to determine the Upper and Lower Lines around the Price. When the price passes below the lower boundary of the band, a downtrend is said to have begun. Similarly, for an uptrend, this continues until the price passes over the upper edge of the band. Teal for an uptrend and fuchsia for a downturn area shared by the band to identify the trend. The first five minutes of the breakout lines have a tiny buffer augmentation of 11% applied to them. Based on what has been observed, support and resistance zones have been somewhat changed from the figures that are often utilized (might work other markets as well) The markings that may be seen are as follows: - Blue Triangle indicates a pocket pivot with an upward bias; - Maroon Triangle indicates a pocket pivot with a downward bias; - Teal colored Diamonds indicate price upthrusts and potential trend confirmation locations, depending on success or failure. - Similar backdrop color changes that look as vertical shading are also used to identify them. - Fuchsia-colored diamonds indicate price declines and a potential trend, depending on whether it persists or fails. - Dark green and maroon square boxes indicate potential price reversals in the support and resistance bands, respectively. It goes without saying that this work is derived from numerous other open-source community initiatives. Feel free to adjust anything you'd like, and we appreciate any feedback.
Pine Script™ indicator
by VVVfV
7