Pivotal Moments draws lines for each of up to 500 pivot high and pivot low levels that have never been revisited at the present moment in time. After the Pivotal Moments indicator has been loaded onto chart and any of the subsequent realtime bars that are formed touch or cross a pivot level it is deleted. The duration for how long any touched or crossed pivot...
Based on historical data (rather than theory), calculates the probability of a price level being "touched" within a given time frame. A "touch" means that price exceeded that level at some point. The parameters are: - level: the "level" to be touched. it can be a number of points, percentage points, or standard deviations away from the mark price. a positive...
This script shows the engulfing breaks, touches and potential reversals for when prices arrives at certain time frame closes. On publishing it shows the crossovers of the 6 hour, Daily, Weekly, and Monthly time frames. The candle main signals are contingent on crossing over the closing level, and engulfing the previous candle. Secondary signals occur when the...
This script simply colors the background when price hits or exceeds the bollinger bands. Just a nice visual cue.