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 -...
================================================================== July 7 2019 - high / low lines pv4 v1 - by RootDuk ================================================================== Easy script to draw some lines on the input variable barsback. You can extend the lines on the sides: left, right, both or none. With the show variables (bools) you can show...
Introduction Making lines is great in technical analysis since it can highlights principal movements and make the analysis of the price easier when using certain methodologies (Elliott Waves, patterns). However most of the indicators making lines (Zig-Zag, simple linear regression) are non causal (repaint), this is the challenge i tried to overcome, making an...
!EXPERIMENTAL! As TV doesn't provide a function to draw lines between points, I wrote a function to do this in one my own indicators. The function itself however can be applied/modified for different use cases, eg. drawing trendlines. In this (proof of concept) example I used it to draw lines based on past high/low pivot points. The inputs required: * an INPUT...