ZigZag for Trend and Retracements - New way It's another way to plot ZigZag based on lookback period for trend and % of trend lookback period to plot retracements. █ OVERVIEW Plot ZigZag, Trend lines, Retracements, Support levels, Resistance levels █ Objective: Draw ZigZag lines along with unbroken support and resistance levels. ZigZag lines are drawn...
Relative Strength Index with Moving Average, Linear Regression, Zig Zag (Highs and Lows), Divergence, Ichimoku Cloud, Moving Average Convergence Divergence and True Strength Index Histogram This script is based on zdmre's RSI script, I revamped a lot of things and added a few indicators from ParkF's RSI script. Disable Labels in the Style tab and the histogram if...
RSI Hull Trend is a hybrid indicator with RSI of HULL Signal. The Hull MA is combined with RSI to see if the Hull MA Buy/Sell Signal is in overbought or oversold condition. Buy Sell Signals are plotted based on settings of OB/OS or RSI. This indicator is very useful to see if the Trend is in Exhaustion or Beginning of a Trend. Entry and Exit conditions can be...
It is with RSI level and Zigzag Pattern that Market goes on Maximum level and Lower Level And it is also Showing High and Law Level of last Moving Candle so it is easy to entry and Hold
It is with RSI level and Zigzag Pattern that Market goes on Maximum level and Lower Level And it is also Showing High and Law Level of last Moving Candle so it is easy to entry and Hold
CHS ZigZag stands for Changeable Source ZigZag The original ZigZag indicator offered by TradingView doesn't have the ability to measure the tips and troughs based on closing prices (line chart), however, this indicator is capable of receiving an input from user that determines the price source used for further calculations. The default inputs of the original...
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...
Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. If the stock is rising and making new highs, ideally the RSI is reaching new...
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...
Library "rzigzag" Recursive Zigzag Using Matrix allows to create zigzags recursively on multiple levels. After bit of consideration, decided to make this public. zigzag(length, ohlc, numberOfPivots, offset) calculates plain zigzag based on input Parameters: length : Zigzag Length ohlc : Array containing ohlc values. Can also contain custom...
Library "Pivots" This Library focuses in functions related to pivot highs and lows and some of their applications (i.e. divergences, zigzag, harmonics, support and resistance...) pivots(srcH, srcL, length) Delivers series of pivot highs, lows and zigzag. Parameters: srcH : Source series to look for pivot highs. Stricter applications might source from...
A guy who automatically draws a horizon from the top of the zigzag *Gray horizon may be repainted The horizon of the characteristic price in the past reacts well, so it is used for contrarian ジグザクの頂点から、自動で水平線を引く奴です ※灰色の水平線はリペイントする可能性があります 過去の特徴的な価格の水平線はよく反応するので、逆張りするとかが用途です
V V V V V V V Please Read V V V V V V V I ask Peter and he is fine, that im published this script Tell me if you have some ideas or criticism about that sricpt >>>>>>>>>> This is a modified Version of Peter_O's Momentum Based ZigZag <<<<<<<<<<< This is only a test, and i want to share it with the community It works like other ZigZags Because Peters_O's...
█ OVERVIEW This indicator displays Cyclic Relative Strength Index based on Decoding the Hidden Market Rhythm, Part 1 written by Lars von Thienen. To determine true or false for Overbought / Oversold are unnecessary, therefore these should be either strong or weak. Noise for weak Overbought / Oversold can be filtered, especially for smaller timeframe. █ FEATURES ...
Hello All, I am here with a new idea and script, " Zigzag Waves ". This indicator creates 3 Zigzags with different lengths, keeps the lengths of each zigzag wave and calculates/draws average waves for each zigzag. optionally it can reset the wave when zigzag direction changes and new highest/lowest found. And optionally it draws Exponential Moving Average(EMA)...
Hello everyone, This was a grid trading example for intraday trading. Please be advised that every commodity have diferent kind of reaction and rate of change between periods therefore the percentages need to be adjusted acording to the commodities change %. In order to specify the adjustment rate we add the Zig Zag in the script. For Example ; Last 3 days zigzag...
Library "FunctionZigZagMultipleMethods" ZigZag Multiple Methods. method(idx) Helper methods enumeration. Parameters: idx : int, index of method, range 0 to 4. Returns: string function(method, value_x, value_y) Multiple method ZigZag. Parameters: method : string, default='(MANUAL) Percent price move over X * Y', method for zigzag. ...