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Pivot points and levels

Next Gen Auto S/RThis indicator will automatically plot support and resistance levels and will also allow you to overlay multi time frame support and resistance on any time frame that you are currently conducting analysis on. In addition you can also set alerts when a support and resistance level is tested, fine tune how many levels you would like to view on your charts, option to input how many candlesticks minimum you would like between support and resistance levels. You can also select breakout mode which will turn old support into resistance by a colour change and turn old resistance into support. NEW you can now use extended levels and change your zones into lines.
Pine Script™ indicator
by THE_GOLDEN_SUITE
6
Bobbin DetectorENGLISH BOBBINS (cluster) BOBBINs can also be called clusters. In the region where the price sees an up and down similar to side-by-side BOBBINs formed by clustering. The decision is the region. In the BOBBIN formation, the bars are not taken into account much at first. with BOBBINs When using other formations, attention should be paid to the needles. through Sellers dominate from above, price falls; price with more buyers below comes out again. Until either side gives up or one side of a buy or sell order This go-and-go movement continues until it ends. When finished, the BOBBIN dissolves and destroys The movement towards the shadow continues. Often the BOBBINs are voluminous untied. A strong candle with momentum bar is formed. This is where Supdems, that is, supply-demand drawings come into play. TÜRKÇE BOBİNLER Bobinlere küme de denilebilir. Fiyatın bir yukarı bir aşağı doğru giderek aynı bölgede kümelenmesiyle oluşur, yan yana dizilmiş bobinlere benzer. Karar bölgesidir. Bobin oluşumunda barların iğneleri ilk başta çok dikkate alınmaz. Bobinler ile birlikte başka formasyonlar kullanılırken iğnelere dikkat edilir. Yukarıdan satıcılar baskın çıkar, fiyat düşer; aşağıda alıcıların fazla olmasıyla fiyat tekrar çıkar. İki taraftan biri pes edinceye kadar ya da alış ya da satış emirlerinin bir tarafı bitinceye kadar bu git-gel hareketi devam eder. Bittiği zaman bobin çözülür ve yok ettiği gölgeye doğru hareket devam eder. Çoğu zaman bobinler hacimli bir şekilde çözülür. Momentumlu, kuvvetli bir mum çubuk oluşur. İşte burada da Supdem’ler yani arz-talep çizimleri devreye girer. kaynak: Price Action TR
Pine Script™ indicator
by coinsspor
3
MTF High and Low FractionsMTF High and Low Fractions Description An experimental script that prints 1/3, 1/4 and 1/8 levels of the previous timeframe's high and low to the current timeframe. The idea is quite simple. It mirrors the the previous high and low with user selected levels. The default setting is the previous daily high and low but can be customized on user discretion. New levels are printed after the close of the previous timeframe and open of the new timeframe (user's timeframe setting). How To Use Levels should not be used blindly. Levels can be used as confluence when aligned with high probability supply and demand zones, support, resistance, order blocks, and so on.
Pine Script™ indicator
by geneclash
1
VOTrade Margin Zones CMEMargin zones are zones that are strong support and resistance levels and on the basis of which further movement of a trading instrument can be assumed. Margin zones are built based on the levels of margin requirements for futures of the Chicago Mercantile Exchange (CME), which corresponds to a specific trading instrument on the spot market. The margin requirement levels form a certain amount of the futures move (and therefore the corresponding currency pair), conditionally this can be called the volatility that the market maker sets for the trading instrument. Margin zones in trading are the areas to which the price reacts, and the closing of the day (the American trading session) below or above a certain level signals to us about the potential of a further trend (this is one of the classic rules based on observation and statistics collection, but you can use the zones as a kind of volatility move in other ways).
Pine Script™ indicator
by VitaliyBer
5
Realtime Divergence for Any IndicatorThis indicator is an addon to any oscillating indicator. It shows divergences. It shows realtime divergences too. Realtime divergences are potential divergences because the actual pivot is not fully formed. It shows: Regular Bullish Divergences Hidden Bullish Divergences Regular Bearish Divergences Hidden Bearish Divergences Reatime divergence lines are dashed lines while non-reatime are solid. This script also offers a fair bit of control over what you can accept as a legitimate divergence. Also note that functions tend to not work properly in conditional and loop structures so I couldn't use a lot of functions and consequently my script is really big. Sorry.
Pine Script™ indicator
by JohnBartlesAccount
18
ATRvsDTR + ADR Zone + SSS50%This Script is to be used for intra day as far as the adr zones. The adr zones are used as support and resistance but also can be used to determine whether the stock is breaking out or not. Also being that the adr zones are calculated using a 5 or 10 day period unless you change the settings, and are set when price opens. It does really help you know whether a stock is moving more than it does on average to me it just signifies its directional. So I added the atr vs dtr so you can see what a stock moves on average versus what it has moved today. The atr period is calculated based on the daily period unless you change the settings. I added to the original script 3 more percentages the atr vs dtr will change as it goes higher so that you can be aware when the stock is getting closer to moving 100% of its atr. Even though a stock breaks above or below the adr that doesn't mean it has moved more than it normally moves. I also have the weekly open on the script as I trade the strat and I want to know, at what price the the week will change from bearish to bullish and vice versa. So that I can understand the trend when I am trading intraday. The 50% lines were added for Sara strat snipers 50% rule and you can change the timeframes on them. This is used to know whether a candle will go 3. This also can help with retracements vs reversals, because in traditional technical analysis 50% is around where people start think its a reversal more so than a retracement. I believe the script will be very help as it can show you price being directional but can also let you know when the stock is getting close to moving more than it normally has or if it has moved more than it normally has. As well as being able to see if something is a retracement vs a reversal. I trade TheStrat strategy so this can be very helpful in that regard The 50% retracement levels are default 1h and daily. You can change them and whether or not they show In the example chart you can see we are below weekly open which is bearish and you can also see where price reverses out of the upper adr zone. As well as how much of the atr we have moved on this day in time.
Pine Script™ indicator
by thestratuchiha
8
Waddah Attar Weekly Camarilla Pivots [Loxx]Waddah Attar Weekly Camarilla Pivots is an indicator built by Ahmad Waddah Attar that draws weekly Camarilla over lower timeframes. What are Camarilla pivots? Camarilla Pivot Points is a math-based price action analysis tool that generates potential intraday support and resistance levels. Similar to classic pivot points, it uses the previous day's high price, low price, and closing price. Camarilla Pivot Points is a modified version of the classic Pivot Point. Camarilla Pivot Points were introduced in 1989 by Nick Scott, a successful bond trader. The basic idea behind Camarilla Pivot Points is that price has a tendency to revert to its mean until it doesn’t. What makes it different than the classic pivot point formula is the use of Fibonacci numbers in its calculation of pivot levels. Camarilla Pivot Points is a math-based price action analysis tool that generates potential intraday support and resistance levels. Details -Used for intraday trading to identify support/resistance levels -Restricted to timeframes 4 hours and below -Unlike most versions of Weekly Camarilla Pivots, this version allows you to customize the Fibonacci levels
Pine Script™ indicator
by loxx
4
v2.3 Weekly Fibo Candle Middle LineThis is a real time tools assisting traders in monitoring the Fibonacci Retracement Levels while the range is extending in real time run. I have simply marked the three most important Fibonacci retracement level, namely 38.2%, 50%, 61.8% which are colored and marked as blue Fibo_up, red Fibo_mid and blue Fibo_low. Should you have any idea in trading with other Fibonacci levels, please send me your feedback for improvement and sharing.
Pine Script™ indicator
by MalibuKenny
Buy/Sell on the levelsThis script is generally My describe is: There are a lot of levels we would like to buy some crypto. When the price has crossed the level-line - we buy, but only if we have the permission in array(2) When we have bought the crypto - we lose the permission for buy for now(till we will sell it on the next higher level) When we sell some crypto(on the buying level + 1) we have the permission again. There also are 2 protect indicators. We can buy if these indicators both green only(super trend and PIVOT ) Jun 12 Release Notes: Hello there, Uncomment this section before use for real trade: if array.get(price_to_sellBue, i) >= open and array.get(price_to_sellBue, i) <= close// and //direction < 0 and permission_for_buy != 0 Here is my script. In general - this is incredible simple script to use and understand. First of all You can see this script working with only long orders, it means we going to get money if crypto grows only. Short orders we need to close the position on time. In this script we buy crypto and sell with step 1% upper. You can simply change the step by changing the price arrays. Please note, if You want to see where the levels of this script is You Have to copy the next my indicator called LEVEL 1% In general - if the price has across the price-level we buy some crypto and loose permission for buying for this level till we sell some crypto. There is ''count_of_orders" array field with value 2. When we bought some crypto the value turns to 0. 0 means not allowed to by on this level!!! The script buy if the bar is green only(last tick). The script check every level(those we can see in "price_to_sellBue" array). If the price across one of them - full script runs. After buying(if it possible) we check is there any crypto for sell on the level. We check all levels below actual level( of actual level - ''i'' than we check all levels from 0 to i-1). If there is any order that has value 0 in count of orders and index <= i-1 - we count it to var SELL amount and in the end of loop sell all of it. Pay attention - it sells only if price across the level with red bar AND HAS ORDERS TO SELL WHICH WAS BOUGHT BELOW!!! In Strategy tester it shows not-profitables orders sometimes, because if You have old Long position - it sells it first. First in - first out. If the price goes down for a long time and You sell after 5 buys You sell the first of it with the highest value. There is 2 protection from horrible buying in this strategy. The first one - Supertrend. If the supertrend is red - there is no permission for buy. The second one - something between PIVOT and supertrend but with switcher. If the price across last minimum - switcher is red - no permission for buy and the actual price becomes last minimum . The last maximum calculated for last 100 bars. When the price across last maximum - switcher is green, we can buy. The last minimum calculation for last 100 bars, last maximum is actual price. This two protections will save You from buying if price get crash down. Enjoy my script. Should You need the code or explanation, You have any ideas how to improve this crypt, contact me. Vladyslav. Jun 12 Release Notes: Here has been uncommented the protection for buy in case of price get down. 5 hours ago Release Notes: Changed rages up to actual price to make it work
Pine Script™ strategy
by Arivadis
2
Bjorgum Double Tap█   OVERVIEW Double Tap is a pattern recognition script aimed at detecting Double Tops and Double Bottoms. Double Tap can be applied to the broker emulator to observe historical results, run as a trading bot for live trade alerts in real time with entry signals, take profit, and stop orders, or to simply detect patterns. █   CONCEPTS How Is A Pattern Defined? Doubles are technical formations that are both reversal patterns and breakout patterns. These formations typically have a distinctive “M” or a “W” shape with price action breaking beyond the neckline formed by the center of the pattern. They can be recognized when a ​pivot fails to break when tested for a second time and the retracement that follows breaks beyond the key level opposite. This can trap entrants that were playing in the direction of the prior trend. Entries are made on the breakout with a target projected beyond the neckline equal to the height of the pattern. Pattern Recognition Patterns are recognized through the use of ​zig-zag; a method of filtering price action by connecting swing highs and lows in an alternating fashion to establish trend, ​support and resistance, or derive shapes from price action. The script looks for the highest or lowest point in a given number of bars and updates a list with the values as they form. If the levels are exceeded, the values are updated. If the direction changes and a new significant point is made, a new point is added to the list and the process starts again. Meanwhile, we scan the list of values looking for the distinctive shape to form as previously described. █   STRATEGY RESULTS Back Testing Historical back testing is the most common method to test a strategy due in part to the general ease of gathering quick results. The underlying theory is that any strategy that worked well in the past is likely to work well in the future, and conversely, any strategy that performed poorly in the past is likely to perform poorly in the future. It is easy to poke holes in this theory, however, as for one to accept it as gospel, one would have to assume that future results will match what has come to pass. The randomness of markets may see to it otherwise, so it is important to scrutinize results. Some commonly used methods are to compare to other markets or benchmarks, perform statistical analysis on the results over many iterations and on differing datasets, walk-forward testing, out-of-sample analysis, or a variety of other techniques. There are many ways to interpret the results, so it is important to do research and gain knowledge in the field prior to taking meaningful conclusions from them. 👉  In short, it would be naive to place trust in one good backtest and expect positive results to continue. For this reason, results have been omitted from this publication. Repainting Repainting is simply the difference in behaviour of a strategy in real time vs the results calculated on the historical dataset. The strategy, by default, will wait for confirmed signals and is thus designed to not repaint. Waiting for bar close for entires aligns results in the real time data feed to those calculated on historical bars, which contain far less data. By doing this we align the behaviour of the strategy on the 2 data types, which brings significance to the calculated results. To override this behaviour and introduce repainting one can select "Recalculate on every tick" from the properties tab. It is important to note that by doing this alerts may not align with results seen in the strategy tester when the chart is reloaded, and thus to do so is to forgo backtesting and restricts a strategy to forward testing only. 👉  It is possible to use this script as an indicator as opposed to a full strategy by disabling "Use Strategy" in the "Inputs" tab. Basic alerts for detection will be sent when patterns are detected as opposed to complex order syntax. For alerts mid-bar enable "Recalculate on every tick" , and for confirmed signals ensure it is disabled. █   EXIT ORDERS Limit and Stop Orders By default, the strategy will place a stop loss at the invalidation point of the pattern. This point is beyond the pattern high in the case of Double Tops, or beneath the pattern low in the case of Double Bottoms. The target or take profit point is an equal-legs measurement, or 100% of the pattern height in the direction of the pattern bias. Both the stop and the limit level can be adjusted from the user menu as a percentage of the pattern height. Trailing Stops Optional from the menu is the implementation of an ATR based trailing stop. The trailing stop is designed to begin when the target projection is reached. From there, the script looks back a user-defined number of bars for the highest or lowest point +/- the ATR value. For tighter stops the user can look back a lesser number of bars, or decrease the ATR multiple. When using either Alertatron or Trading Connector, each change in the trail value will trigger an alert to update the stop order on the exchange to reflect the new trail price. This reduces latency and slippage that can occur when relying on alerts only as real exchange orders fill faster and remain in place in the event of a disruption in communication between your strategy and the exchange, which ensures a higher level of safety. 👉  It is important to note that in the case the trailing stop is enabled, limit orders are excluded from the exit criteria. Rather, the point in time that the limit value is exceeded is the point that the trail begins. As such, this method will exit by stop loss only. █   ALERTS Five Built-in 3rd Party Destinations The following are five options for delivering alerts from Double Tap to live trade execution via third party ​API solutions or chat bots to share your trades on social media. These destinations can be selected from the input menu and alert syntax will automatically configure in alerts appropriately to manage trades. Custom JSON JSON, or JavaScript Object Notation, is a readable format for structuring data. It is used primarily to transmit data between a server and a web application. In regards to this script, this may be a custom intermediary web application designed to catch alerts and interface with an exchange ​API. The JSON message is a trade map for an application to read equipped with where its been, where its going, targets, stops, quantity; a full diagnostic of the current state and its previous state. A web application could be configured to follow the messages sent in this format and conduct trades in sync with alerts running on the TV server. Below is an example of a rendered JSON alert: { "passphrase": "1234", "time": "2022-05-01T17:50:05Z", "ticker": "ETHUSDTPERP", "plot": { "stop_price": 2600.15, "limit_price": 3100.45 }, "strategy": { "position_size": 0.1, "order_action": "buy", "market_position": "long", "market_position_size": 0, "prev_market_position": "flat", "prev_market_position_size": 0 } } Trading Connector Trading Connector is a third party fully autonomous Chrome extension designed to catch alert webhooks from TradingView and interface with MT4/MT5 to execute live trades from your machine. Alerts to Trading Connector are simple; just select the destination from the input drop down menu, set your ticker in the "TC Ticker" box in the "Alert Strings" section and enter your URL in the alert window when configuring your alert. Alertatron Alertatron is an automated algo platform for cryptocurrency trading that is designed to automate your trading strategies. Although the platform is currently restricted to crypto, it offers a versatile interface with high flexibility syntax for complex market orders and conditions. To direct alerts to Alertatron, select the platform from the 3rd party drop down, configure your ​API key in the ”Alertatron Key” box and add your URL in the alert message box when making alerts. 3 Commas 3 Commas is an easy and quick to use click-and-go third party crypto ​API solution. Alerts are simple without overly complex syntax. Messages are simply pasted into alerts and executed as alerts are triggered. There are 4 boxes at the bottom of the "Inputs" tab where the appropriate messages to be placed. These messages can be copied from 3 Commas after the bots are set up and pasted directly into the settings menu. Remember to select 3 Commas as a destination from the third party drop down and place the appropriate URL in the alert message window. Discord Some may wish to share their trades with their friends in a Discord chat via webhook chat bot. Messages are configured to notify of the pattern type with targets and stop values. A bot can be configured through the integration menu in a Discord chat to which you have appropriate access. Select Discord from the 3rd party drop down menu and place your chat bot URL in the alert message window when configuring alerts. 👉  For further information regarding alert setup, refer to the platform specific instructions given by the chosen third party provider. █   IMPORTANT NOTES Setting Alerts For alert messages to be properly delivered on order fills it is necessary to place the following placeholder in the alert message box when creating an alert. {{strategy.order.alert_message}} This placeholder will auto-populate the alert message with the appropriate syntax that is designated for the 3rd party selected in the user menu. Order Sizing and Commissions The values that are sent in alert messages are populated from live metrics calculated by the strategy. This means that the actual values in the "Properties" tab are used and must be set by the user. The initial capital, order size, commission, etc. are all used in the calculations, so it is important to set these prior to executing live trades. Be sure to set the commission to the values used by the exchange as well. 👉  It is important to understand that the calculations on the account size take place from the beginning of the price history of the strategy. This means that if historical results have inflated or depleted the account size from the beginning of trade history until now, the values sent in alerts will reflect the calculated size based on the inputs in the "Properties" tab. To start fresh, the user must set the date in the "Inputs" tab to the current date as to remove trades from the trade history. Failure to follow this instruction can result in an unexpected order size being sent in the alert. █   FOR PINECODERS  • With the recent introduction of matrices in Pine, the script utilizes a matrix to track ​pivot points with the bars they occurred on, while tracking if that ​pivot has been traded against to prevent duplicate detections after a trade is exited.  • Alert messages are populated with placeholders ; capability that previously was only possible in alertcondition() , but has recently been extended to `strategy.*()` functions for use in the `alert_message` argument. This allows delivery of live trade values to populate in strategy alert messages.  • New arguments have been added to strategy.exit() , which allow differentiated messages to be sent based on whether the exit occurred at the stop or the limit. The new arguments used in this script are `alert_profit` and `alert_loss` to send messages to Discord
Pine Script™ strategy
by Bjorgum
72