Displays lines connecting past pivot high/low points with each line having the slope of a linear regression. This slope can also be controlled by the user with the 'Slope' setting. Each line can be used as a support or resistance by the user. Settings Length : Pivot length. Use higher values for having lines connected to more significant pivots points. ...
In This experimental study, we've taken RSI data, Volume Profile, and Trend analysis, combining them into one unique package that will allow a trader to analyze market trend lines and their proposed channels, trend momentum through candle color augmentation similar to "Pulse", and Visible Volume index price levels on chart for the current sequence. Below are...
Example primarily focuses on: • creating a simple function to get a time offset value • using the offset to set drawing locations in the future • how to properly set up and manipulate line positions Extras ( end of script ): • inclusion of vertical lines for visualising start and end points using the time offsets • inclusion of label to read out the current...
The following indicator returns a line bouncing of the extremities of a Donchian channel, with the aim of replicating a "zig-zag" indicator. The indicator can both be lagging or lagging depending on the settings user uses. Various extended lines are displayed in order to see if the peaks and troughs made by the Donchian zig-zag can act as potential...
World Clocks - something for fun Happy New Year! ps: in case no update on the charts then the clock will not update too and will lag or stop till a new update is received
I know a lot of people who want to draw a line in future. I asked a lot of good Guys in Pine and they havent a solution. But today i got an idea i want to share with you. I hope this example give you a hint. it is Usefull if you want to draw it like the Orginal Pivot Point standart or everything else. I see a lot of Pivot Indicators but all stop at the actual...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any part of the script. Semoga Terhibur.
Horizontal line for previous daily, weekly or monthly high. By default : Green Label - previous 1 day high Yellow Label - previous 1 week high Red Label - previous 1 month high Each number and color can be change in setting.
EMA with Fibonacci Numbers, I have developed this system for finding trend , support and resistance in lower time frame and higher time frame. If Candles closes below at least 4 Fibonacci line then trend is down if Candles closes are above minimum 4 Fibonacci line the trend is up. Fibonacci line act as support for Uptrend market similarly same lines act as...
Example of various methods to show dashed or solid vertical lines on chart based on using either session or time. Credit for line method goes to midtownsk8rguy -> Credit for plot method goes to PineCoders -> www.pinecoders.com Special thanks to LucF, midtownsk8rguy, and PineCoders for permission to use their work. NOTICE: This is an example script and not...
I changed this RSI oscillator to give everyone ability to change position of strategic lines as RSI has a lot more to offer than only overbought and oversold boundries. You can change overbought and oversold line and make one more space depend what you are looking for. For me and as default it is 40-60 range. I put a center line at 50.
This script is a template designed to provide developers with UI color customization for v4 lines and labels. The color pallete used within this script is a full spectrum "web safe" format with 216 colors to choose from. Colors are easily modified via the RGB inputs. The designated color selector function takes in the RGB values and returns the corresponding hex...
Hello guys, once again, I want to show you a different method for detecting support and resistance level. Today's approach is similar to the one I posted recently, but the way the level will be detected is different. I call it the multi-timeframe standard deviation level. How does it work? The method is similar to the way Bollinger Bands work. First, the...
Hey guys, this script shows monthly, weekly and daily OHLC data represented as horizontal level. I tried to make it as user-friendly as possible. Therefore, you can add different colors and styles for each level, as well as turn them on and off. With the "Label Offset" -parameter you are in control where the label text should appear. You can shift it from left...
Introduction Lines are the most widely used figures in technical analysis, this is due to the linear trends that some securities posses (daily log SP500 for example), support and resistances are also responsible for the uses of lines, basically linear support and resistances are made with the assumption that the line connecting two local maximas or minimas will...
Draws horizontal lines depends on condition of regular price, if 10000 then increment is 540, otherwise increment by 54
Ability to plot multi price lines, go to settings and put price and increment of lines. Enjoy
================================================================== July 18 2019 - LCS - line channels (basic) by RootDuk Version : v3 - read the notes ================================================================== Easy script to draw channels based on ie. GANN using the following input params - ibback : barsback to search for high and low -...