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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
Unraided Liquidity and S/R PivotsThis indicator is designed to show key pivot points, also known as levels, which could provide good trade entries. Utilising liquidity concepts, untested pivot levels can be a good place to enter a trade after the pivot is tested, liquidity is taken and the direction reverses. Alternatively, utilising the option of viewing already tested levels, you can easily see the key support and resistance areas that price is likely to have a strong reaction to, whether it wants to go toward or bounce away from these levels. The indicator does not give buy and sell signals, it is up to you to use the levels to form your trading plan. Oorah.
Pine Script™ indicator
by Texmoonbeam
15
Pivot Order Blocks// How it Works \\ Order Blocks based on pivot reversal candle When a pivot High or Pivot Low is found and confirmed, a box will be plotted on the open and close values of that pivot candle // Settings \\ In the settings you have the ability to change the distances required to confirm an pivot High or Low These are the lengths where the script checks to see if it is at its local high or low. You also have the ability to change the amount of candles the box stretches over as well as the colors of the bullish and bearish boxes // Use Case \\ Pivot points often provide Support and Resistance points on their own, one way of marking up order blocks is by taking the pivot candle and marking that up as a resistance area where you could be looking for price to reverse // Suggestions \\ Happy for anyone to make any suggestions on changes which could improve the script, // Terms \\ Feel free to use the script, If you do use the script could you please just tag me as I am interested to see how people are using it. Good Luck!
Pine Script™ indicator
by TradingWolf
47
Logging in Pine ScriptI'm building quite a lot of pretty complicated indicators/strategies in Pine Script. Quite often they don't work from the 1 try so I have to debug them heavily. In Pine Script there are no fancy debuggers so you have to be creative. You can plot values on your screens, check them in the data window, etc. If you want to display some textual information, you can plot some info as labels on the screen. It's not the most convenient way, so with the appearance of tables in Pine Script, I decided to implement a custom logger that will allow me to track some useful information about my indicator over time. Tables work much better for this kind of thing than labels. They're attached to your screen, you can nicely scale them and you can style them much better. The idea behind it is very simple. I used few arrays to store the message, bar number, timestamp, and type of the message (you can color messages depend on the type for example). There is a function log_msg that just append new messages to these arrays. In the end, for the last bar, I create the table and display the last X messages in it. In parameters, you can show/hide the entire journal, change the number of messages displayed and choose an offset. With offset, you can basically scroll through the history of messages. Currently, I implemented 3 types of messages, and I color messages according to these types: Message - gray Warning - yellow Error - red Of course, it's a pretty simple example, you can create a much fancier way of styling your logs. What do you think about it? Is it useful for you? What do you use to debug code in Pine Script? Disclaimer Please remember that past performance may not be indicative of future results. Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting. This post and the script don’t provide any financial advice.
Editors' picks
Pine Script™ indicator
by QuantNomad
12
Fractals | Swing Points | Highs & Lows | Custom PeriodsSimple script which marks out key swing highs & lows. One of the only indicators I have on the chart most days - perfect for naked charting - quickly helps you to visually identify key areas of interest An extension of Bill Williams fractals - aka short term swing points Allows you to filter for only the most prominent swing points - you can even overlay multiple swingpoint filters in different colours (as per example chart) The number ( Fractal Periods) is simply: - the number of less prominent points either side of your swing high/low - example shown on the chart Otherwise make a fist - look at your 5 knuckles - swing high is your middle knuckle - 2 lower points either side Bill Williams Original Fractal: Fractal Periods = 2 Your Fractal Period for Filtering: 3, 4, 5, 30, 365, etc Allows you to find swing points down to: Fractal Periods = 1 Simple, easy, shared to enjoy =)
Pine Script™ indicator
by DonkeyEmporium
7
Scoring Development Sample [BigBitsIO]This script shows a sample of how to do confidence weighted scoring indicators and for loops with Pine. This indicator may or may not be found useful, it's intent is to provide a sample on how to create such an indicator and use certain Pine features. Features: - Defined points based on the confidence of RSI and Stochastic indicator - Defined points based on candle color and sma trend direction - For loops used to calculate bonus points for "extended periods" of confidence. *** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***
Pine Script™ indicator
by BigBitsIO
3