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Pivot points and levels

3C QFL Mean reversalWhat is QFL trading strategy? QFL stands for Quickfingersluc, and sometimes it is referred to as the Base Strategy or Mean Reversals. Its main idea is about identifying the moment of panic selling and buying below the base level and utilizing Safety orders. What is Base level or Support Level? Base level or Support Level refers to the lowest price level that was reached before the moment the price started increasing again. At that level, you can notice that buyers of some cryptocurrencies make a strong reaction. In this strategy we can also reverse the strategy and go short. But i must warn you that that is alot riskier. QFL is meant to be used on higher TF's like 1hr, 2hr and 4hr. But this strategy also work well on lower Timeframes. The script also simulates DCA strategy with parameters used in 3commas DCA bots for futures trading. Experiment with parameters to find your trading setup. Beware how large your total leveraged position is and how far can market go before you get liquidated! Do that with the help of futures liquidation calculators you can find online! Included: An internal average price and profit calculating, instead of TV`s native one, which is subject to severe slippage. A graphic interface, so levels are clearly visible and back-test analyzing made easier. Long & Short direction of the strategy. Table display a summary of past trades Vertical colored lines appear when the new maximum deviation from the original price has been reached All the trading happens with total account capital, and all order sizes inputs are expressed in percent.
Pine Script™ strategy
by Kveie
94
Flag DetectorThis script attempts to find consolidations or retracements within the context of a previous uptrend - basically looking for flag type patterns. It first measures an initial move (referred to as the flag pole in this script) and then looks for consolidation after that move within a certain range. If the consolidation is within the rage, it plots a dot under the candle to show you the consolidation areas. It's not fool proof, but seems to do a decent job of identifying pullbacks and sideways consolidations reasonably well.
Pine Script™ indicator
by millerrh
4
CME OpenThis indicator prints CME open line price on chart. Please choose the right time to input depending on the broker you are using in Tradingview. List of brokers: OANDA 0620-0621 FOREX.COM 0620-0621 SAXO 0620-0621 GLOBALPRIME 0620-0621 (Working only on 1 minute chart) VANTAGE 0620-0621 EASYMARKETS 0620-0621 PHILLIPNOVA 0620-0621 FXCM (FX) 0620-0621 CURRENCYCOM 0620-0621 CAPITALCOM 0620-0621 FXOPEN 1220-1221 PEPPERSTONE 1020-1021 SKILLING 1020-1021 EIGHTCAP 1320-1321 BLACKBULL 1320-1321
Pine Script™ indicator
by Unown_666
IPB_JPMUPS_2022Introduction : This indicator serves two purposes a) It is a multi dimensional floor pivot indicator, which takes its concepts from Secrets of Pivot Boss book of Frank Ochoa. Most of the indicators suggested in the book are packed in one indicator. b) It also has an inbuilt intraday strategy which identifies trend, direction and momentum based on CPR (Central Pivot Range) concepts and accordingly comes up with trading signals. How this indicator is different from the published ones : A). Role as an indicator This indicator has all the CPR (Central Pivot Range) indicators packed together which provides a ready made solution for CPR based trading. The following are the salient features of this indicator : 1) This indicator plots daily CPR using previous day high, low and close. It also plots Support and Resistance levels based on floor pivots formula. Moreover, it also plots developing CPR which is based on current day's high, low and close. Apart from that it also plots CPR for next day session as well which is useful for EOD analysis. 2) This indicator plots weekly CPR using previous week high, low and close. It also plots developing CPR which is based on current week's high, low and close. 3) This indicator plots monthly CPR using previous month high, low and close. It also plots developing CPR which is based on current month's high, low and close. 4) This indicator plots pivot EMA which is called PEMA. It uses three different EMAs which are customisable and uses them to plot a moving average web based on pivot points of each candle, which is called as PEMA. This also facilitates PEMA plotting for higher time frame (daily time frame) as well. 5) This indicator plots daily time frame moving average in intraday chart which can be used as a key zone during trading. The period is customisable. B) Role as a strategy This indicator also functions as an intraday trading strategy called JPMUPS (JP stands for author's nickname. MUPS stands for Manoj Ultimate Pivot Strategy). This strategy attempts to identify trend, direction and momentum and when all these three align together it gives buy and sell signals. The concepts are as under: Trend identification : Whenever a trend is established, the developing CPR starts to widen. Hence this strategy uses the width of the developing CPR and compares it with the MA of the width to identify the trend. If the width of the developing CPR crosses the 34 period MA (can be customised), it assumes a trend is developing. Direction identification: Whenever a direction is established, the CPR components, namely BC and TC shifts its position. Hence this strategy uses this concept to identify the direction. It computes MACD sort of histogram of the BC and TC difference and whenever the histogram slops upwards, it assumes bullish direction and vice versa. Momentum identification : Whenever momentum is established, the developing CPR starts sloping upwards. Hence this strategy uses this concept to identify the momentum. It computes RSI of the developing CPR and if the RSI is above the 34 period MA (can be customised) of RSI , it assumes momentum is establishing and vice versa. When all the above are aligned together, it gives buy or sell signals suitably. How to use it : a) Indicator usage : 1) CPR zones are key zones which predominantly acts as support and resistance zones. Looking at the price action at these zones, one can look for trading opportunities in live market. 2) Developing CPR acts as pull back zones and is very useful in live trading and also EOD analysis for spotting opportunities by combining price action. b) Strategy usage : 1). Strategy signals are only indicative. Users are strongly advised not to use the strategy blindly. Users are advised to go though the CPR concepts thoroughly and use this strategy signals only as a supplement for further decision making / analysis. Markets meant for : 1). This indicator and Strategy is predominantly designed for I ndian stock markets . However it can be customised for other markets as well by changing the timings of the markets in the parameters. Market conditions meant for : 1). This indicator is meant for all types of market conditions as its predominant role is to plot the key support and resistance zones using CPR concepts. 2). The strategy is mainly found to be effective in trending markets and predominantly indices like Nifty and Bank Nifty . Hence Users are advised to use this only as an indicative feature and not blindly trade based on signals. The strategy is found to be less effective in lower time frames like 1min / 3min, etc. 15 min time frame provides fair performance. However it doesnt mean that it will continue to perform in the same manner in the future.
Pine Script™ strategy
by scorpiomanoj
8
.srb suite Fib Retracement neoSPECIAL TOOLS - Auto Fibonacci Retracement neo - New GUI designed for use with open-source indicator 'built-in auto FBR ' has been re-born It shows - retracement Max top/ min bottom ; for higher visibility It shows - current retracement position ; for higher visibility The display of the Fib position that exceeds the regular range is auto-determined according to the price. Fib.Retracement core is from tradingview built-in FBR ---> upgrade new-type GUI, and performance tuned.
Pine Script™ indicator
by sr_b
19
Equal Highs/LowsThis indicator checks for equal highs/lows using the previous three pivots at any given time. This is helpful for identifying where liquidity lies and where a likely sweep/SFP may occur. You can choose the bar size for the pivots to check for in order to detect desirable levels as well as adjust the acceptable deviation for near-equal highs/lows. By default, the settings are ideal for BTC in the 5-15m charts. Deviation would need to be set in the decimals for lower-priced symbols and experimentation is recommended.
Pine Script™ indicator
by basement_ogre
32
CrossFire -=[ CryptDollar ]=-FEATURES DO NOT USE WITHOUT READING ALL OF THIS! Intended to be USED AGAINST Heikin Ashi Averaging Trend Candles for LEGITIMATE ‘AVERAGING’ Trend Recognition and analysis and it is a legitimate mathematical protocol using averages. NOTE: THIS IS NOT A simple “ENTER / EXIT" Type Indicator!!! BE CLEAR ABOUT THAT!! THIS IS A AVERAGE TREND ANALYSIS and Support & Resistance type of indicator ADDITIONAL NOTE: This EMA CROSSING signal indicator DOES NOT REPRINT after the EMA CROSS CONFIRMATION, (Candle Close)!! It may flicker during the confirmation process, which ALL indicator formulas do. PROOF OF THIS is that the Yellow and Light Blue EMAs are IN FULL VIEW where the indications occur. What is a Moving Average Crossover Confirmation?? It is when the selected Moving Averages fully cross each other upon candle close. It is also important to note: The LOWER the Timeframe, the more 'NOISE to signal' ratio you will get with this and ANY other indicator. The HIGHER the Timeframe, the more 'SIGNAL to noise' ratio you will get with this and ANY other indicator. To attain more reliable Trade Planning signals; simply look for signals on the higher TFs, and THEN use the lower, faster-pivoting TFs to limit into position. You should only execute moves AFTER you 'APPROPRIATELY PLAN YOUR TRADE' and decide to 'TRADE YOUR PLAN!' ------------------------------------------ What is included with this EMA Crossing Indicator: Dynamic SR (Horizontal lines of Support and Resistance (which is analyzed against recent average price action). An optional VWAP is included as well ALL of these pop-up indication features can be turned Off or On in settings panel: Also, it is very important to select the dots next to the indicator name on your chart; scroll the drop menu go to "Visibility" > "Bring to Front." so you can see the 2 and 6 EMAs on top of the Heikin Ashi AVERAGING candles. AGAIN, this indicator is based off a known and well established Heikin Ashi EMA Crossing Swing Trading Strategy and is optimized with the use of Heikin Ashi AVERAGING Candles. This contains all of the EMAs related a 2-6-13 Heikin Ashi AVERAGE Trading Strategy. The original strategy for traditional markets used the 17 EMA. But in crypto, I've found that the 13 EMA at least 'seems' to be more relative and consequential as a trend change 'strength' indication. - Includes alerts with "CROSS" indications for the 2 & 6 EMA crossover points.* - ALWAYS check for Trend & Price Support or Resistance (SR) ALONG YOUR TRADE PATH, BEFORE planning your Trade. - DO NOT simply enter trades based on the Cross signals, as these are mere indications of directional change, and make sure you have at least a single candle close confirmation before taking it seriously. - Along with that, there are certain sets of SMAs (21, 50, & 200) that are universally used by famed rock star traders, for both scalping and swing trades, which can be enabled and disabled in the Style Panel Settings. - The optional ARROWS are additional indications for when the 13 EMA , 21 SMA , 50 SMA , and 200 SMA are crossed up or down. Each EMA and SMA has its own alert that you can individually set, along with the primary "CROSS" indication alerts. * Special note regarding the visual indications of the 13 EMA and the 21 SMA If an arrow appears with "13-21" above or below it, that is because these moving averages are so close that for visual notification purposes there was a visual layering issue whenever both of these MAs triggered on same candle. This compensation for the visual indication has no effect on the individual MA's Alert settings. - ALL EMAs and SMAs are customizable if the defaults are not to your liking, BUT understand that any EMA and SMA assignment changes will divert away from the strategy for which this indicator was designed. If you change from the default moving average assignments in the input settings, your changes will unfortunately not be reflected in the "labeling" on the chart or in alerts)!! - All optional are in the settings panel, and all setting listings are easily understandable as to what they are - I was finally able to edit the script to where the labels are not obnoxious on the chart!!! - As with all my indicators so far; I like to include the optional light-white Daily VWAP plot line to save adding an extra indicator if you like to follow the VWAP , as I do. - If your chart seems noisy with everything turned on, you can always disable any of these features that you find yourself not using as a visual reference and then "Save as default" Best Applied to Higher Timeframes With ALL Default “Noisy” Visual Indications Enabled: With Only the Visible Primary Cross Indications Enabled:
Pine Script™ indicator
by CryptDude
Auto Trendline Indicator (based on fractals)A tool that automatically draws out trend lines by connecting the most recent fractals. Description: The process of manual drawing out trend lines is highly subjective. Many times, we don’t trade what we see, but what we “want to see”. As a result, we draw lines pointing to the direction that we wishfully want price to move towards. While there are no right/wrong ways to draw trend lines, there are, however, systematic/unsystematic ways to draw trend lines. This tool will systematically draw out trend lines based on fractals. Additional feature: This tool will also plot out symbols (default symbol “X”) to signify points of crossings. This can be useful for traders considering to use trend lines as part of their trading strategies. Here is an interesting observation on the price actions of NASDAQ futures on a 5 second chart during regular trading hours on July 14, 2022. It’s a phenomenon. People like to see straight lines connecting HL/LH, etc., so it's possible for the market as a whole to psychologically react to these lines. However, it is important to note that is is impossible to predict the direction of price. In the case above, price could have tanked below auto-drawn trend line. Fractal based trend lines should only be taken as references and regarded as price levels. No studies have ever proven that the slope of trend lines can indicate price's future direction. More about fractals: To understand more about fractals: www.investopedia.com www.tradingview.com Contrary to what it sounds like, fractal in "technical analysis" does not refer to the recursive self-repeating patterns that appear in nature, such as the mesmerizing patterns found in snowflakes. The Fractal Markets Hypothesis claims that market prices exhibit fractal properties over time. Assuming this assertion to be true, then fractals can be used a tool to represent the chaotic movements of price is a simplified manner. The purpose of this exercise is to take a tool that is readily available (ie. in this case, TradingView’s built-in fractals tool), and to create a newer tool based on it. Parameters: Fractal period (denoted as ‘n’ in code): It is the number of bars bounding a high/low point that must be lower/higher than it, respectively, in order for fractal to be considered valid. Period ‘n’ can be adjusted in this tool. Traditionally, chartists pick the value of 5. The longer it is, the less noise seen on the chart, and the pivot point may also be exhibited in higher timeframes. The drawback is that it will increase the period of lag, and it will take more bars to confirm the printed fractal. Others: Intuitive parameters such as whether to draw historical trend lines, what color to use, which way to extend the lines, and whether or not to show points of crossings.
Editors' picks
Pine Script™ indicator
by DojiEmoji
62
Titans Empirical LevelsThis indicator marks key pivot levels across two higher timeframes, longer term, and medium term. When a pivot high or low is detected at the higher timeframe, a line is plotted in the future. The user may select timeframes and pivot sensitivities in the indicator settings. As no calculation is involved, the levels are identified purely from historical precedent. Overlapping lines could imply strength of recent support/resistance at that level. This indicator should be used in combination with other indicators. The user is advised to use this indicator at his own risk.
Pine Script™ indicator
by mmmarsh
MXV-BSzoneSummary: averaging down the cost of capital with lines and color zones The strategy can include many long entries when the market is bullish or many short entries when the market is bearish hourly. And we put a stoploss order with same value for all of them. For me, it is always dificult to detect when and at which best price exactly to stop loss and to take profit after I make an buy or sell entry in hourly time frame, so i make may entry at different price values. And i prefer make only one stoploss price for all the entries I use 2 visual trailing lines to determine zone of stop loss or take profit in same chart. Every 60 minutes 2 visual horizontal line will permanently stamp on the charts: red and white. When to Sell - When the market is bearish in daily time frame, red line will be marked in H1 time frame as for sell zone. And when candles move up near or cut cross over the red line (we call it: action moment), it is recommended that we should short and make a stoploss at price of the white line (white line in this situation is higher than the red line). I can take profit whenever I have time to watch chart. When to buy - When the market is bullish in daily time frame, green line will be marked in H1 time frame as for buy zone. And when candles move down near or cut cross over the green line (we call it: action moment), it is recommended that we should long and make a stoploss at price of the white line (white line in this situation is beneath the green line). I can take profit whenever I have time to watch chart. * When I miss an action moment, i will need to wait until the next action moments appear and make an entry (or many) then rapidly make an trailing exit with white line value (price) reducing risk The strategy works fine
Pine Script™ strategy
by muzikalink
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
5
Fibonacci Average Channels [OML]Fibonacci Average Channels is moving average of fibonacci numbers, It is an indicator that will make chart analysis easier. What do you want to know? - Trend? - Support and Resistance - Price target? - Buy and Sell zone? v v v - How to use - Determining the trend direction, From "Base line". - - - - - - - - Paint in the key Fibonacci Level . Settings => (Length, Type, Source) Can be adjusted to your needs. - - - - - - - - => Barcolor, Base line or Channels? - - - - - - - - => (Fibonacci Level) Can be adjusted to your needs. Tip Should be used with other indicators such as OhManLan Ribbon, MACD or RSI to increase the analytical efficiency. _ _ _ _ _ _ _ _ ________ Thai language ________ _ _ _ _ _ _ _ _ Fibonacci Average Channels คือ Fibonacci Level แบบค่าเฉลี่ยเคลื่อนที่ ...ซึ่งเป็นทางเลือกที่อาจจะช่วยให้ Trader หาระดับ Fibonacci ได้สะดวกขึ้น แล้ว Fibonacci Average Channels บอกอะไรบ้าง? - แนวโน้ม - แนวรับและแนวต้าน - เป้าหมายของราคา - โซนซื้อหรือขายที่สำคัญ v v v Base line เป็นระดับที่กำหนดแนวโน้ม - - - - - - - - ระบายสีในช่อง Fibonacci Level ที่สำคัญ การตั้งค่า => ปรับ Length, Type และ Source ตามที่คุณต้องการ - - - - - - - - => เลือก Barcolor แบบ Base line หรือ Channels? - - - - - - - - => กำหนด Fibonacci Level ในแบบของคุณ คำแนะนำ ควรใช้งานร่วมกับอินดิเคเตอร์อื่นๆ เช่น OhManLan Ribbon, MACD หรือ RSI เป็นต้น เพื่อเพิ่มประสิทธิภาพในการวิเคราะห์
Pine Script™ indicator
by OhManLan
4