Price Pivots for NASDQ 100 StocksPrice Pivots for NASDQ 100 Stocks
What is this Indicator?
• This indicator calculates the price range a Stock can move in a Day.
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.
• Develops a discipline in placing Targets.
Disadvantages of this Indicator
• The indicator is specifically made for NASDQ 100 stocks. The levels won't work for other stocks.
• The indicator shows nothing for other indexes and stocks other than above mentioned.
• The data need to be entered manually.
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.
What are the Lines?
• The concept is the price will move from one pivot to another.
• Entry and Exit can be these levels as Reversal or Retracement.
Gray Lines:
• Every lines with price labels are the Strike Prices in the Option Chain.
• 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 (Vertical Lines)"
• This is a marker of every 1 hour.
• Usually major price movement happen between previous day last 1 hour to today first 1 hour.
• Two swings can happen between first 2 hour of current day.
• At the end of the day last 1 hour 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 Index 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.
Important Note
• Currently the levels are in testing stage.
• Eventually the levels of certain symbols will be corrected after each update and test.
Supportandresitance
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.
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.
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.
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
Jurik Filter [Loxx]Jurik Filter is a Jurik-filtered moving average that acts as both a baseline and a support and resistance indicator
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
-Advanced filtering system using multiples of standard deviation, this filter acts paint dynamic support and resistance levels on the chart based on volatility
-Double Jurik filtering
-Toggle bar color on/off
Resistance/Support Indicator - FontiramisuIndicator showing resistances and support, based on pivots location
When a new pivot location is near from a resistance/support the latter gains weight.
You can modify multiple parameters :
Nb Max res/sup : Define the number max res/sup to keep in our res/sup history array. The greater it is the older bar index will be taken.
Nb show res/sup : Define the number of res/sup to be drawn.
Min weight shown : Define min res/sup weight to be shown. Weight is used to measure strengh of res/sup.
% range stack : Define price percentage change required to stack a pivot into an existing res/sup. Default is 0.015 = 1.5%.
Pivots are calculated with deviation parameter to validate with more precision.
Fontilab Library is used to code this indicator.
GANN Square Of 9 PivotsGANN Square Of 9 Pivots
How to use for Intraday ?
Method 01 (From 9:05 am to 9:15 am or pre-open market)
Take the Weighted Average Price or Volume Weighted Average Price (VWAP) or Time Weighted Average Price (TWAP) of any stock or index.
You can use TWAP for Index as volume is not available.
Method 02 (From 9:05 am to 9:15 am or pre-open market)
Take the Last Traded Price (LTP) of index or stock
Method 03 (After 9:30 am or after 1st 15 min)
Only take Last Traded Price (LTP) of stock or index
Ideal Time
15min to 1hr after market opens
Indicator Features
Lines
Gray Dashed Line: Calculation Price
Teal Solid Line: Long Above
Red Solid Line: Short Below
3 Teal Dotted Lines: Bullish Targets 1, 2 & 3
3 Red Dotted Lines: Bearish Targets 1, 2 & 3
Labels
1st Numbers: Price
2nd Numbers in (): % change from LTP to that Level
For Index
As VWAP is not available for Index, TWAP (Time Weighted Average Price) values can be used for Index.
Custom Price Inputs
Price of your choice can be given manually by selecting:
Source > Custom
Enter Price > (type the price)
Timeframe
Higher timeframes like Weekly, Monthly can be changed using Timeframe Option
For More Reading
Reading: traderji.com/community/threads/intraday-trading-using-gann-calculator.39185/#post-419677
Calculator: stockmaniacs.net/freebies/free-tools/gann-square-of-9-calculator/
