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Support and Resistance

Session High Low This indicator shows Session High Low line and prices. 1: Session range is adjustable based on your timeframe. Nomore confusing timezone settings. You can choose your timezone then set your Session start and end time. Script will show you the following session high and low lines which is extendable until next session. 2: All historical lines and price levels are can be partially or fully hidden. And line colors are adjustable so you can use suitable color on your chart. Based on session you choose this script can be used as a session break strategy AKA (Asian session break, London session break strategy). You can create your own trading Session and high lows. Personally I monitor how price reacts on London session high lows during the NewYork trading session. In this chart Session starts at 8am (London open) and closes at 12:30 (NewYork open). Script is showing high lows only in this session range. Always double confirm with your trading style. It's not a Financial advice. Inputs: 1: Hide history - Hides all historical lines and prices that means you can see only todays session. 2: Show price - Shows price level of session high lows. You can hide price level if you want to see only lines. 3: Session time - You can set your time range of session. 4: Start time - Session start time. You can see vertical line on your chart or you can hide line. 5: End time - Session end time. You can see vertical line on your chart or you can hide line. 6: Line extend time - End of the high low lines. You can draw line until the end of the session or you can draw short line. 7: All line and price colors are optional. Thank you.
Pine Script™ indicator
by Munkhtur
6
+ Multi-timeframe Multiple Moving Average LinesThis is a pretty simple script that plots lines for various moving averages (what I think are the most commonly used across all markets) of varying lengths of timeframes of the user's choosing. Timeframes range from 5 minutes up to one month, so regardless if you're a scalper or a swing trader there should be something here for you. There are 8 lines (that can be turned on/off individually), which may seem like a lot, but if you use two averages and want to display four different timeframes for each, you can do that. The nice thing is that because the lines start plotting from the current bar they won't clutter up the screen. And obviously having moving averages from different timeframes on your chart makes price action more difficult to read (I mean sure, you can make them invisible, but who wants to do that all the time). For each line there are two labels. One with the moving average type, and the other with its specific timeframe. I can't include the moving average length because it's not a string input. If anyone has a workaround for this, let me know, otherwise I would simply recommend setting different colors depending on the length, or if you only use one or two lengths and one or two moving averages this shouldn't be an issue. I had to use two labels because for the label text I couldn't include more than one string input, this is why there is an input for the 'moving average type label distance.'' You will want to adjust this depending on if you are trading crypto, futures, or forex because in some cases there may still be label overlap. Pretty much everything else is self-explanatory. I've added alerts. I might need to modify them if I can, because it would be nice for them to state the name and timeframe of the moving average. But I think this will do for now. Enjoy!
Pine Script™ indicator
by ClassicScott
15
Visible Range Mean Deviation Histogram [LuxAlgo]This script displays a histogram from the mean and standard deviation of the visible price values on the chart. Bin counting is done relative to high/low prices instead of counting the price values within each bin, returning a smoother histogram as a result. Settings Bins Per Side: Number of bins computed above and below the price mean Deviation Multiplier: Standard deviation multiplier Style Relative: Determines whether the bins length is relative to the maximum bin count, with a length controlled with the width settings to the left. Bin Colors: Bin/POC Lines colors Show POCs: Shows point of controls Usage Histograms are generally used to estimate the underlying distribution of a series of observations, their construction is generally done taking into account the overall price range. The proposed histogram construct N intervals above*below the mean of the visible price, with each interval having a size of: σ × Mult / N , where σ is the standard deviation and N the number of Bins per side and is determined by the user. The standard deviation multipliers are highlighted at the left side of each bin. A high bin count reflects a higher series of observations laying within that specific interval, this can be useful to highlight ranging price areas. POCs highlight the most significant bins and can be used as potential support/resistances.
Pine Script™ indicator
by LuxAlgo
18
VWAP + EMA Analysis [Joshlo]Overview and Use Case VWAP Analysis gives the possibility to combine multiple time frames of VWAP along with a triplet of exponential moving averages. This can provide insight into potential scalp, swing and longer term trades, depending on your time frame. The use of this indicator with it's setup is based off the the Scalp Setup Alerts provided by Roensch Capital. The primary use for this script is to help with intraday scalp set ups. Using the Daily VWAP, turned on by default, we can look for price to respect and bounce from one of the VWAP lines (support or resistance) back toward equilibrium, we can also look for price to bounce off of equilibrium and move back toward VWAP support or resistance. The chart attached shows AMD bouncing off of the Daily time frame VWAP Resistance level multiple times (see yellow boxes), often with confirmation given by an increase in volume which is often far higher than the average volume. In many of these cases a short position could've been opened or put option could have been placed with a profitable outcome. Every line projected onto the chart via this indicator has the potential to create support or resistance as well as causing 'hang ups', meaning price loses it's momentum, slows down and hangs out in the particular area. This is shown on the chart within the green box. Chart walkthrough - See attached chart After a rejection off of the Daily VWAP Resistance line (depicted by the white circle), price starts to move back toward Daily VWAP Equilibrium. In order to reach this line, price needs to move through the 20EMA (white) and 50EMA (purple), the Weekly VWAP Resistance (red circles) and the 200EMA (orange). All of these lines are a part of this single indicator. The 20EMA seems to offer little resistance but follows the price on it's move, offering some resistance to a volatile move upward. Initially upon contact with the 50EMA, price hangs up and bounces above and below the line whilst finding support on the Weekly VWAP Resistance at the same time. This causes a 'hang up' or sideways movement for around 20 minutes of trading. A potential trade may have entered at the white circle with a VWAP Resistance rejection and exited upon contact with the 50EMA in anticipation of multiple EMAs and support / resistance lines converging which is known to cause price movement to slow. Eventually with an increase in volume, price breaks below the 20EMA (white), 50EMA (purple) and the Weekly VWAP Resistance level (red circles). Price then finds support on the 200EMA (orange), although there was potential for the price to fall to the Daily VWAP Equilibrium (solid blue). As the Red VWAP lines tend to act more often as resistance as opposed to support (price is rarely above these lines for extended periods), the trade from earlier may have profited more by awaiting contact with the 200EMA before exiting, taking the assumption that the Weekly VWAP Resistance was more likely to act as resistance than support. A period of consolidation in the green box, around the Weekly VWAP Resistance, 20EMA, 50EMA and with support from the 200EMA eventually resulted in another break out where the price came back up to the Daily VWAP Resistance. Prior to the end of this trading day, there were two more opportunities for scalp setups based off of the price showing consistent rejections off the Daily VWAP Resistance back down to the 50EMA. In the final example, price breaks above the Daily VWAP Resistance but quickly rejects off of the Monthly VWAP Resistance. For examples where the VWAP Resistance or Support or broken, it can help to look at an indicator such as the RSI to look for bullish divergence or bearish divergence. Just as this example shows bounces and rejection off of VWAP Resistance, the same applies around the Equilibrium and Support VWAP lines. The perfect scenario would be to find a ticker where there has already been two or three bounces off of one of these levels, with the goal of taking the trade on the next bounce and either using a percentage price target or technical price target based off of the EMAs or VWAP lines. If there are EMAs close in the direction you want to take the trade, there is a higher chance of hang ups and reversals, so a clear run is the more desired trade set up. You can also look for these indicator lines to stack up in order to form a stronger support and resistance. For example the 200EMA and Daily VWAP Equilibrium being close to each other may suggest it would take more of an effort to break both of these levels, but one by itself may break more easily. Indicator Setup In the settings for the indicator, almost everything you might want to change can be done from the Input tab. The three options for VWAP (daily, weekly and monthly) allow for analysis on multiple time frames. Daily is turned on as standard. Standard Deviation Multiplier is set to 2 as standard, this effects the distance of the VWAP support and resistance from the equilibrium line. This seems to be a level that works well with finding support and resistance lines, however if there is excessively high or low volume, occasionally the lines can be thrown off. You can adjust this level if required to find a 'sweet spot' where price likes to reject or find support. The colors for all VWAPs can be adjusted via the Inputs tab, however if you'd like to change the type of line these are depicted as, this can be done from the Styles tab. The 3 EMAs (20, 50 and 200) can be toggled on or off and also have their color changed. The style of the lines can be adjusted from with the Styles tab if required.
Pine Script™ indicator
by Joshlo
.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
20
Structured zigzag support&resistance [LM]Hello Traders, I would like to introduce you Structured zigzag support&resistance. It is based on the ZigZag semafor script made by DevLucem so shout out to him The indicator 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 I's the same zigzag indicator as my other zigzag indicator with highlight on diagonal lines(highs and lows are automatically classified and also new types of diagonal lines that connects low or highs and extends to right are drawn ) It has two settings: Fist is to control horizontal lines and zigzag setting Second is to control diagonal lines I hope you will enjoy it as I enjoyed to write it. Lukas
Pine Script™ indicator
by lmatl
53
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
MACD S/R signal indicatorI've based the script on my MACDs/r indicator. I think it works better on higher timeframes, this is just an experiment, please feel free to modify it. I have been testing it with parabolic SARS to know when to exit the trades. Exit condition: if I'm in a log position and the price is below the last bearish parabolic SARS dot I exit the trade and the opposite for shorts DISCLAIMER: Is just an experiment and I haven't test it with real money, be careful
Pine Script™ indicator
by miguel42815
2
VWAP and previous VWAP for Support & Resistance for D W MI overhauled my old multi timeframe VWAP script to make the VWAP OC-Check work for all timeframes. Now only one function is used to calculate the 3 preset VWAPs. Previous VWAPS = the price where the last session closed sometimes work as Support and Resistance. The OC-Check Mode theory examines if the VWAP from the Open is above or below the VWAP from Close and if price is above or below normal VWAP (HLC3). This way we have 4 states: Red = Strong Downtrend Orange = Weak Downtrend Blue = Weak Uptrend Green = Strong Uptrend As always it is just a theory - nothing is set in stone regarding any indicator.
Pine Script™ indicator
by MartinWeb
12
Price Pivots for NSE Index & F&O StocksPrice Pivots for NSE Index & F&O Stocks What is this Indicator? • This indicator calculates the price range a Stock or Index can move in a Day, Week or Month. Advantages of this Indicator • This is a Leading indicator, not Dynamic or Repaint. • Helps to identify the tight range of price movement. • Can easily identify the Options strike price. • The levels are more reliable and authentic than Gann Square of 9 Levels. • Develops a discipline in placing Targets. Disadvantages of this Indicator • The indicator is specifically made for National Stock Exchange of India (NSE) listed index and stocks. • The indicator is calculated only for index NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY and Stocks listed in Futures and Options. • The indicator shows nothing for other indexes and stocks other than above mentioned. • The data need to be entered manually. • The data need to be updated manually when the F&O listed stocks are updated. Who to use? Highly beneficial for Day Traders, it can be used for Swing and Positions as well. What timeframe to use? • Any timeframe. • The highlighted levels in Red and Green will not show correct levels in 1 minute timeframe. • 5min is recommended for Day Traders. When to use? • Wait for proper swing to form. • Recommended to avoid 1st 1 hour or market open, that is 9.15am to 10.15 or 10.30am. • Within this time a proper swing will be formed. How to use? Entry • Enter when the Price reach closer to the Blue line. • Enter Long when the Price takes a pullback or breakout at the Red lines. Exit • Exit position when the Price reach closer to the Red lines in Long positions. What are the Lines? Gray Lines: • Every lines with price labels are the Strike Prices in the Option Chain from NSE website. • Price moves from 1 Strike Price level to another. • The dashed lines are average levels of 2 Strike Prices. Red & Green Lines: • The Red and Green Lines will appear only after the first 1 hour. • The levels are calculated based on the 1st 1 hour. • Red Lines are important Resistance levels, these are strong Bearish reversal points. It is also a breakout level, this need to be figured out from the past levels, trend, percentage change and consolidation. • Green Lines are important Support levels, these are strong Bullish reversal points. It is also a breakdown level, this need to be figured out from the past levels, trend, percentage change and consolidation. What are the Labels? • First Number: Price of that level. • Numbers in (): Percentage change and Change of price from LTP(Last Traded Price) to that Level. How to use? Entry: • Enter when price is closer to the Red or Green lines. • Enter after considering previous Swing and Trend. • Note the 50% of previous Swing. • Enter Short when price reverse from each level. • If 50% of swing and the pivot level is closer it can be a good entry. Exit: • Use the logic of Entry, each level can be a target. • Exit when price is closer to the Red or Green lines. Indicator Menu Source • Custom: Enter the price manually after choosing the Source as Custom to show the Pivots at that price. • LTP: Pivot is calculated based on Last Traded Price. • Day Open: Pivot is calculated based on current day opening price. • PD Close: Pivot is calculated based on previous day closing price. • PD HL2: Pivot is calculated based on previous day average of High and Low. • PD HLC3: Pivot is calculated based on previous day average of High, Low and Close. "Time (IST) (Vertical)" • This is a marker of every 1 hour. • Usually major price movement happen between previous day last 1 hour (2:15 pm) to today first 1 hour (10:15 pm). • Two swings can happen between first 2 hour of current day. • At the end of the day last 1 hour from 2.15 pm another important movement will happen. • Usually rest of the time won't show any interesting movement. To the Users • Certain symbols may show the levels as a single line. For such symbols choose a different Source or Timeframe from the indicator menu. • Please inform if any of the Symbol's price levels don't react to the pivots, include the Symbol a well. • Also inform if you notice any wrong values, errors or abnormal behavior in the indicator. • Feel free to suggest or adding new features and options. General Tips • It is good if Stock trend is same as that of NIFTY trend. • Lots of indicators creates lots of confusion. • Keep the chart simple and clean. • Buy Low and Sell High. • Master averages or 50%. • Previous Swing High and Swing Low are crucial.
Pine Script™ indicator
by Arun_K_Bhaskar
19
Trendlines Boll Ichi S1 by GammaprodI. How to use this indicator : ------------------------------ I.1. Set your teadingview theme to dark theme. I.2. Gammaprod indicator is valid for forex, stock and but more valid for crypto. I.3. Use three timeframe for more validation (choose between those, that fit to your trading style) : - Timeframe 1m, 5m, and 15m for Scalping - Timeframe 30m, 1h and 4h for Intraday - Timeframe 4h, 1D and 1W for Swing Trading I.4 Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) : - Trendlines Boll Ichi S1 by Gammaprod - MACD Volume S2 by Gammaprod - Stoch RSI Divs Zone S2 by Gammaprod ============================================================================ II. How to setting : -------------------- II.1. Trendlines Boll Ichi Crypto by Gammaprod II.1.A. Support and Resistance - Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more II.1.B. Trendlines Primary or Trendlines Secondary - Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary - Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support). - Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support). - Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support). II.1.C. Bollinger, Ichimoku Cloud and Lagging Span - Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below) II.2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT) II.3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT) ============================================================================ III. How to read : ------------------ III.1. Sell or Buy Priority : III.1.A. Sell Priority - Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell) III.1.B. Buy Priority - Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy) III.1.C. Indecision / Golden Moment - Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please be careful at this moment. III.2. Trend / Consolidation : III.2.A. BULLISH trend - When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle. III.2.B. BEARISH trend - When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle. III.2.C. CONSOLIDATION - When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle. III.3. Special Mark III.3.A. Ideal Bullish : - Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy III.3.B. Not an Ideal Bullish : - Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern III.3.C. Ideal Bearish : - Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position. III.3.D. Not an Ideal Bearish: - Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern III.3.E. The Beginning of Reversal (from BEARISH to BULLISH) : - When Stoch RSI line shaping GREEN position is near 20. - MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE. - Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment). III.3.F. The Beginning of Reversal (from BULLISH to BEARISH) : - When Stoch RSI line shaping PINK position is near 80. - MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN. - Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment). III.3.G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger): - Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell ============================================================================ IV. How to OPEN position: ------------------------- IV.1. Bullish IV.1.A. Trendlines Boll Ichi S1 by Gammaprod - The candles above the green cloud. - Lagging span (red line) above the candles. - then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below). IV.1.B. MACD Volume S2 by Gammaprod - Teal or Green background. - The lines is shaped or shaping green. - Better if at the green histogram. IV.1.C. Stoch RSI Divs Zone S3 by Gammaprod - Teal or Green background. - The lines is shaping green. - Better if on the bottom (at a range 20). IV.2. Bearish IV.2.A. Trendlines Boll Ichi S1 by Gammaprod - The candles below the purple cloud. - Lagging span (red line) below the candles. - then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below). IV.2.B. MACD Volume S2 by Gammaprod - Pink or purple background. - The lines are shaped or shaping green. - Better if at the pink histogram. IV.2.C. Stoch RSI Divs Zone S3 by Gammaprod - Pink or purple background. - The lines are shaping pink. - Better if the line on the top (at a range 80). IV.3. Consolidation IV.3.A. Trendlines Boll Ichi S1 by Gammaprod - The candles on the cloud (green or purple). - Lagging span (red line) on the candles. - then open buy near the white or blue line (always confirm the position with two other indicators below). IV.3.B. MACD Volume S2 by Gammaprod - Changing the background. - The line is near the middle line. - Have small Histogram. IV.3.C. Stoch RSI Divs Zone S3 by Gammaprod - Mix background specially on a timeframe 15m or more. - The line move fast up and down. - Better if on the bottom or the top of the lines (at a range 20 or 80). ============================================================================ >> The secret ingredient is comparing the timeframe : The example scalping (Timeframe 1m, 5m and 15m) - TF 1m is for making an open position. - TF 5m is for making a judgement of the trend market. - TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal. There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit chars on this column, I hope it will help your trading and make a more profit on it.
Pine Script™ indicator
by Gammaprod
16
VWAP Band TrendThis indicator combines two features: VWAP bands for range trading and trends for trend-following. The white bands offer support/resistance levels ideal for range trading: short when rejecting off the upper band, long when rejecting off the lower. Take profit either when hitting the (faint gray) midline and/or when hitting the band on the far side. The trend analysis shows green or red ranges above or below the bands to indicate trend strength - larger swaths of green or red indicates strong trend while shorter swathes indicate weak. If the upper trend color doesn't match the lower trend color, the trend is undecided or transitioning. Optionally, trend initiation indicators can be turned on to show above/below candles where a trend switch is taking place.
Pine Script™ indicator
by Austimize
5
Support and Resistance Multiperiod (Zig Zag Based)Support and Resistance Multiperiod (Zig Zag Based) What is the indicator? • The indicator is a multi period (up to 5 lengths) Support and Resistance indicator calculated based on Zig Zag. Who can use? Scalpers to Long term investors What timeframe to use? • Any timeframe What are the lines? • Green lines are Support levels. • Orange lines are Resistance levels. How to use? • Buy Low and Sell High. • Brighter zones means strong Support or Resistance. • Weaker zones appear lighter. • Brighter zones are formed by overlapping of lines from multiple levels of support or resistance. Indicator Menu • The indicator can input 5 different Lengths. • The default settings uses 13, 21, 52, 100 & 200. • Every option are customizable.
Pine Script™ indicator
by Arun_K_Bhaskar
20
Jurik-Filtered, Gann HiLo Activator [Loxx]Jurik-Filtered, Gann HiLo Activator is a Gann HiLo activator that has been smoothed using Jurik Filtering to reduce noise and better identify trending markets. What is Gann HiLo The HiLo Activator study is a trend-following indicator introduced by Robert Krausz as part of the Gann Swing trading strategy. In addition to indicating the current trend direction, this can be used as both entry signal and trailing stop. Here is how the HiLo Activator is calculated: 1. The system calculates the moving averages of the high and low prices over the last several candles. By default, the average is calculated using the last three candles. 2. If the close price falls below the average low or rises above the average high, the system plots the opposite moving average. For example, if the price crosses above the average high, the system will plot the average low. If the price crosses below the average low afterward, the system will stop plotting the average low and will start plotting the average high, and so forth. The plot of the HiLo Activator thus consists of sections on the top and bottom of the price plot. The sections on the bottom signify bullish trending conditions. Vice versa, those on the top signify the bearish conditions. What is Jurik Volty used in the Juirk Filter? One of the lesser known qualities of Juirk smoothing is that the Jurik smoothing process is adaptive. "Jurik Volty" (a sort of market volatility ) is what makes Jurik smoothing adaptive. The Jurik Volty calculation can be used as both a standalone indicator and to smooth other indicators that you wish to make adaptive. What is the Jurik Moving Average? Have you noticed how moving averages add some lag (delay) to your signals? ... especially when price gaps up or down in a big move, and you are waiting for your moving average to catch up? Wait no more! JMA eliminates this problem forever and gives you the best of both worlds: low lag and smooth lines. Ideally, you would like a filtered signal to be both smooth and lag-free. Lag causes delays in your trades, and increasing lag in your indicators typically result in lower profits. In other words, late comers get what's left on the table after the feast has already begun. Included -Toggle bar color on/off
Pine Script™ indicator
by loxx
5
Intra-variety Timeframe Floating Fibonacci Levels [Loxx]Intra-variety Timeframe Floating Fibonacci Levels is an intraday, intraweek, and intramonth indicator to be used for scalping on lower timeframes. The indicator paints the developing fibonacci retracement levels as they change overtime over the selected intra-variety timeframe chosen. This indicator acts as another way to gauge support and resistance levels. What Are Fibonacci Retracement Levels? Fibonacci retracement levels—stemming from the Fibonacci sequence—are horizontal lines that indicate where support and resistance are likely to occur. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used. The indicator is useful because it can be drawn between any two significant price points, such as a high and a low. The indicator will then create the levels between those two points. Suppose the price of a stock rises $10 and then drops $2.36. In that case, it has retraced 23.6%, which is a Fibonacci number. Fibonacci numbers are found throughout nature. Therefore, many traders believe that these numbers also have relevance in financial markets. Fibonacci retracement levels were named after Italian mathemetician Leonardo Pisano Bigollo, who was famously known as Leonardo Fibonacci. However, Fibonacci did not create the Fibonacci sequence. Fibonacci, instead, introduced these numbers to western Europe after learning about them from Indian merchants. Fibonacci retracement levels were formulated in Ancient India between 450 and 200 BCE. Details -Change Fibonacci levels -Select day, week, or month timeframe
Pine Script™ indicator
by loxx
6
Waddah Attar Hidden Levels [Loxx]Waddah Attar Hidden Levels is a dynamic indicator of support of resistance built by Ahmad Waddah Attar Details -Uses data from the Daily time frame only -Used for intraday trading, restricted to timeframes 1 hour and below -Best Time Frames 15, 30, 60 minutes -Draws support and resistance lines on chart inside a boundary of fibonacci levels How to use Waddah Attar Hidden Levels -Breakout trading indicator -Buy at the broken red line, or insert pending buy order -Sell at the broken green line, or insert pending buy order -Take profit/Stop-loss at blue lines
Pine Script™ indicator
by loxx
7
SGX Nifty Movement During Indian Market HoursSGX Nifty or Singapore Nifty is a derivative contract of the Nifty 50 index which is the benchmark index of NSE in India. SGX Nifty trades for 21 hours in a day while Nifty 50 trades only for 6 hours and 15 minutes. Traders in India miss out on a lot of price action which happens on the Singapore Nifty. This code which is originally inspired from @Gustavorubi has been modified to track SGX Nifty's movements outside Indian market hours. This will help intraday traders to identify support and resistance levels which are not seen on Nifty 50 futures. This source code is inspired from GustavoRubi's code on FX Sessions.
Pine Script™ indicator
by apurvansheth
16