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Multi-Timeframe 200 EMAMulti-Timeframe 200 EMA Indicator Description: This indicator plots the 200-period Exponential Moving Average (EMA) from multiple timeframes on a single chart. It allows traders to visualize key trend levels across different timeframes, helping with confluence, trend identification, and potential trade setups. Key Features: Multi-Timeframe EMAs: Displays the 200 EMA from the 2m, 5m, 15m, 30m, 1hr, and 4hr timeframes, regardless of the chart's current timeframe. Dynamic Labeling: Each EMA is labeled with its respective timeframe (e.g., "2m", "1hr", "4hr") and the labels update in real-time, staying on the current EMA value. Auto-Updating Labels: The labels move with the EMAs as new candles form, ensuring a clean and informative display. Old labels automatically disappear to prevent clutter. Color-Coded EMAs: Each EMA has a unique color, making it easy to differentiate between timeframes. How to Use This Indicator in Trading: Trend Confirmation: If price stays above the higher timeframe 200 EMA (e.g., 1hr, 4hr), it suggests an uptrend; below it suggests a downtrend. Support & Resistance Zones: The 200 EMA from larger timeframes often acts as strong dynamic support or resistance. Multi-Timeframe Confluence: If multiple EMAs are aligned in the same direction, it strengthens the trend bias. Reversal or Breakout Signals: When price crosses above or below a higher timeframe EMA, it could indicate a potential trend change or breakout opportunity. Best Used For: 🔹 Scalpers & Day Traders: Helps identify intraday trends and key levels across multiple timeframes. 🔹 Swing Traders: Useful for aligning trade setups with higher timeframe trends. 🔹 Trend Followers: Provides confirmation of long-term trends using the 200 EMA.
Pine Script™ indicator
by cesar7olvera
Multi timeframe RSIMulti-Timeframe RSI Indicator This indicator displays the Relative Strength Index (RSI) from multiple timeframes—1 minute, 5 minutes, 15 minutes, and 30 minutes—on a single chart. Designed for intraday scalpers and short-term traders, it provides a comprehensive view of momentum across different timeframes, helping traders make more informed decisions. ✨ Why Use This Indicator? ✔ Enhanced Confirmation – Identify trends and momentum shifts with RSI signals from multiple timeframes. ✔ Perfect for Scalping & Intraday Trading – Quickly spot overbought/oversold conditions across different timeframes. ✔ Multi-Timeframe Confluence – Align entries and exits with stronger confirmation by analyzing RSI across short-term charts. ✔ Customizable & Easy to Use – Adjust RSI settings to suit your trading style. This is a must-have tool for traders looking to refine their entries and exits with a multi-timeframe perspective! 🚀
Pine Script™ indicator
by wkabichandra
Evolutivna Strategija - AI Optimizacija📊 Description: This strategy uses Exponential Moving Averages (EMA) and evolutionary parameter adjustment to enhance performance and maximize profits. 🔹 Key Features: ✅ EMA crossover (9/21, adjustable) for entry signals ✅ Dynamic optimization of Stop Loss and Take Profit based on best profit ✅ Automatic SL/TP adjustment to improve results ✅ Visualization of the best-performing strategy parameters 📈 Which markets is it suitable for? 🔹 Forex - GBPJPY, USDJPY, EURJPY, EURUSD..... 🔹 Recommended timeframes: 1h, 4h, Strategy tactics before you start trading, you must have initial knowledge in SMC TRADING Step 1 - Activate the script go to settings and check the Properties-After order is filed option Step 2 Go to the "STRATEGY TESTER option and in the field OVERVIEW" look at Profit factor. If the PROFIT FACTOR is less than 1,100, do not use that currency pair. ✅✅✅HOW TO TRADE WITH SIGNALS✅✅✅ When you get a buy or sell signal at 1H, open a trade at 1H only if you have a valid unpicked FVG behind the signal. OR When you get a signal on 1H, switch to the 2-5 time interval and look for a position in the direction of the signal. 1H signal Go to 5min Important! Note when you switch to a smaller time frame, the signals will still be shown, however the signals on the smaller TF are not valid! I recommend that you first test the strategy on a demo account, and once you learn how it works, move on to a real account!!!
Pine Script™ strategy
by tigor1306
Golden MACDThis Indicator is the Simple MACD of the MQL5 with some small changes and some tool to help trade easier. As you can see they are two lines of MACD & Signal and the Cross of the lines can help you find the right place to put the Buy/Sell order or to use it for your Exit Points. I have also add the Alert to the same Indicator to help you have the right time of Entry and Exit. The Colors of the lines and Diagram and also the Level lines are completely adjustable. Please comment me in case you need any more information or help. Thanks a Lot
Pine Script™ indicator
by Majid_MahdiZadah
Previous HTF Highs, Lows & Equilibriums [dani]Previous HTF Highs, Lows & Equilibriums Indicator Description This powerful and user-friendly indicator is designed to help traders visualize key levels from multiple higher timeframes directly on their chart. It plots the previous session's high, low, and equilibrium (EQ) levels for up to 4 customizable timeframes, allowing you to analyze price action across different time horizons simultaneously. Key Features Multi-Timeframe Support: Choose up to 4 higher timeframes (e.g., 1H, 4H, 1D, 1W) to plot levels on your chart. Each timeframe's levels are displayed with clear, customizable lines. Previous Session Levels: Plots the previous session's high, low, and EQ (EQ = (high + low) / 2) for each selected timeframe. Levels are dynamically updated at the start of each new session. Customizable Line Styles: Choose between solid, dashed, or dotted lines for each level. Customize colors for high, low, and EQ levels to suit your preferences. Dynamic Labels: Each level is labeled with the corresponding timeframe (e.g., "1D - H" for daily high, "4H - L" for 4-hour low). Labels are positioned dynamically to avoid clutter and ensure readability. Toggle On/Off: Easily toggle the visibility of all levels with a single button, making it simple to declutter your chart when needed. Compatible with All Markets: Works seamlessly across all instruments (stocks, forex, crypto, futures, etc.) and timeframes. How to Use? Add the indicator to your chart. Select up to 4 higher timeframes to plot levels. Customize line styles and colors to match your trading style. Use the levels as reference points for support/resistance, breakout zones, or confluence areas. Toggle levels on/off as needed to keep your chart clean and focused. Disclaimer & Chat This indicator is not a trading signal generator. It does not predict market direction or provide buy/sell signals. Instead, it is a tool to help you visualize key levels from higher timeframes, enabling you to make more informed trading decisions. Always combine this tool with your own analysis, risk management, and trading strategy. Thank you for choosing this indicator! I hope it becomes a valuable part of your trading toolkit. Remember, trading is a journey, and having the right tools can make all the difference. Whether you're a seasoned trader or just starting out, this indicator is designed to help you stay organized and focused on what matters most—price action. Happy trading, and may your charts be ever in your favor! 😊 From, Dani.
Pine Script™ indicator
by DreamyDans
50% Candle RetraceThis custom indicator draws a horizontal line at the 50% retracement level of each candlestick on the chart. It calculates the midpoint between the high and low of each candle, which is often used by traders to identify potential entry, exit and take-profit levels. Once price action returns to an untouched level, the line will be removed, leaving only the levels where price action is still missing. Key Features: Timeframe: Works on all timeframes. Line Color: Customize the line color to suit your charting preferences. Line Width: Adjust the thickness of the retracement line for better visibility. Line Style: Choose between solid, dotted, or dashed lines. Up/Down Candle Selection: Option to only display retracement lines for up (bullish) candles, down (bearish) candles, or both. Full Customization: Control the transparency (opacity) of the line for enhanced visual clarity. Simple Setup: No complicated settings – simply choose your preferred color, line style, and visibility options. This indicator is perfect for traders who prefer to use price action and retracement levels to identify potential trade opportunities. How It Works: The indicator automatically calculates the 50% level (midpoint) for each candlestick, drawing a line at this level. It will only draw lines for candles that match your chosen criteria (up or down candles), ensuring the chart remains clean and relevant to your trading strategy. Lines are automatically removed as soon as price crosses them.
Pine Script™ indicator
by SphinxResearch
Pre-Market High & LowIndicator: Pre-Market High & Low This indicator tracks the high and low price levels of a stock during the pre-market session (4:00 AM - 9:30 AM EST), before the official market open. It dynamically updates during pre-market hours, identifying the highest and lowest prices reached. Once the pre-market session ends, these levels are saved and plotted on the chart as reference points for the regular market session. Key Features: Dynamic Updates: Continuously tracks the high and low during pre-market hours. Visual Indicators: Plots horizontal lines representing the pre-market high (green) and low (red). Post-Market Reference: Once pre-market ends, these levels remain visible for the regular market session as reference points for potential breakout or breakdown levels. How to Use: Use this indicator to identify potential breakout or breakdown levels that may happen at the market open. The green line represents the highest price reached during pre-market, while the red line indicates the lowest price. The indicator will stop updating once the pre-market session closes (9:30 AM EST) and will remain visible as reference levels throughout the trading day. Ideal for: Day traders looking for pre-market support and resistance levels. Traders analyzing the initial market reaction based on pre-market price action.
Pine Script™ indicator
by YanivBull
MTF- Standard Deviation ChannelWhat Is Standard Deviation? Standard deviation is a statistical measurement that looks at how far individual points in a dataset are dispersed from the mean of that set. If data points are further from the mean, there is a higher deviation within the data set. It is calculated as the square root of the variance. Key Takeaways: Standard deviation measures the dispersion of a dataset relative to its mean. It is calculated as the square root of the variance. Standard deviation, in finance, is often used as a measure of the relative riskiness of an asset. A volatile stock has a high standard deviation, while the deviation of a stable blue-chip stock is usually rather low. Standard deviation is also used by businesses to assess risk, manage business operations, and plan cash flows based on seasonal changes and volatility. Source: Investopedia --------------- UPDATE --------------- The deviation is calculated automatically. (via stdev function). -- The targeted timeframe is available in the options (recalculation cycle). -- If the selected security is a contract the number of days before expiration is automatically managed, otherwise it will use the 'default' options. ---------------------------------------
Pine Script™ indicator
by RVD-Projects
1
Long and Short Term Highs and LowsLong and Short Term Highs and Lows Overview: This indicator is designed to help traders identify significant price points by marking new highs and lows over two distinct timeframes—a long-term and a short-term period. It achieves this by drawing optional channel lines that outline the highest highs and lowest lows over the chosen time periods and by plotting visual markers (triangles) on the chart when a new high or low is detected. Key Features: Dual Timeframe Analysis: Long Term: Uses a user-defined “Time Period” (default 52) and “Time Unit” (default: Weekly) to determine long-term high and low levels. Short Term: Uses a separate “Time Period” (default 50) and “Time Unit” (default: Daily) to compute short-term high and low levels. Optional Channel Display: For both long and short term periods, you have the option to display a channel by plotting the highest and lowest values as lines. This visual channel helps to delineate the range within which the price has traded over the selected period. New High/Low Markers: The indicator identifies moments when the highest high or lowest low is updated relative to the previous bar. When a new high is established, an up triangle is plotted above the bar. Conversely, when a new low occurs, a down triangle is plotted below the bar. Separate input toggles allow you to enable or disable these markers independently for the long-term and short-term setups. Inputs and Settings: Long Term High/Low Period Settings: Show New High/Low? (STW): Toggle to enable or disable the plotting of new high/low markers for the long-term period. Time Period: The number of bars used to calculate the highest high and lowest low (default is 52). Time Unit: The timeframe on which the long-term calculation is based (default is Weekly). Show Channel? (SCW): Toggle to display the channel lines that connect the long-term high and low levels. Short Term High/Low Period Settings: Show New High/Low?: Toggle to enable or disable the plotting of new high/low markers for the short-term period. Time Period: The number of bars used for calculating the short-term extremes (default is 50). Time Unit: The timeframe on which the short-term calculations are based (default is Daily). Show Channel?: Toggle to display the channel lines for the short-term highs and lows. Indicator Logic: Channel Calculation: The script uses the request.security function to pull data from the specified timeframes. For each timeframe: It calculates the lowest low over the defined period using ta.lowest. It calculates the highest high over the defined period using ta.highest. These values can be optionally plotted as channel lines when the “Show Channel?” option is enabled. New High/Low Detection: For each timeframe, the indicator compares the current high (or low) with its immediate previous value: New High: When the current high exceeds the previous bar’s high, an up triangle is drawn above the bar. New Low: When the current low falls below the previous bar’s low, a down triangle is drawn below the bar. Usage and Interpretation: Trend Identification: When new highs (or lows) occur, they can signal the start of a strong upward (or downward) movement. The indicator helps you visually track these critical turning points over both longer and shorter periods. Channel Breakouts: The optional channel display offers additional context. Price movement beyond these channels may indicate a breakout or a significant shift in trend. Customizable Timeframes: You can adjust both the time period and time unit to fit your trading style—whether you’re focusing on longer-term trends or short-term price action. Conclusion: This indicator provides a dual-layer analysis by combining long-term and short-term perspectives, making it a versatile tool for identifying key highs and lows. Whether you are looking to confirm trend strength or spot potential breakouts, the “Long and Short Term Highs and Lows” indicator adds a valuable visual element to your TradingView charts.
Pine Script™ indicator
by AltcoinDreaming
C&P MA/KT Compare & Predict Moving average / Current market price. This is simple table indicator. Located at right-top of chart. Shows which way will MA's head go. I made this indicator for automate candle countings & compare price. With this friend, you will be know trend more faster then waiting traditional MA golden / dead crossing. In factory settings, current market price will be compared with closing price of the candle, corresponding to previous number 7, 25, 60, 99, 130, 240. If Current market price is lower then past, the box for the corresponding MA is highlighted in red and appears as Down. In opposite case, it will be highlighted in green and indicates Up. MA와 시장가 차이로 MA의 머리 방향을 예측해주는 간단한 지표입니다. 수동으로 캔들 되돌려서 종가와 시장가 비교하는게 너무 번거로워서 자동화를 위해 제작되었습니다. 해당 지표를 이용하시면 MA의 골든/데드 크로스를 기다리는 것보다 더 빠른 예측이 가능합니다. 차트 우측 상단에 예측 값이 표시되며, 기본 설정에선 7, 25, 60, 99, 130, 240개 전 캔들의 종가와 시장가가 비교됩니다. 시장가가 비교 값보다 높을 때는 초록 배경에 Up 텍스트가 출력됩니다. 반대의 경우엔 빨간색 배경에 Down 표기가 나타납니다.
Pine Script™ indicator
by Jhin_H
HMA 4H and 15M overlay Notes: HMA Calculation: We calculate three HMAs for the 15-minute timeframe (ma1, ma2, ma3) based on the settings from your original script, but only ma3 is plotted to keep it consistent with your initial setup. 4-hour HMA: An additional HMA is calculated for the 4-hour timeframe (hma4h) using the hma3 period since it was the longest in your original setup, which might be suitable for a 4-hour chart comparison. Plotting: Both the 15-minute ma3 and 4-hour hma4h HMAs are plotted with distinct colors for easy visual differentiation. Timeframe Security: request.security() is used to fetch data from different timeframes. Remember, using request.security() with historical data can sometimes lead to misalignments or delayed data, especially during live trading. This script will overlay the 15-minute HMA (using the ma3 from your settings) with a new 4-hour HMA on any chart timeframe you apply it to. Remember, if you're looking at a chart timeframe that's not 15 minutes or 4 hours, the HMAs might appear less smooth or aligned due to how Pine Script handles different timeframes.
Pine Script™ indicator
by kenser80
JMA Quantum Edge: Adaptive Precision Trading System JMA Quantum Edge: Adaptive Precision Trading System - Enhanced Visuals & Risk Management Get ready to experience a groundbreaking trading strategy that adapts in real-time to market conditions! This powerful, open-source script combines advanced technical analysis with state-of-the-art risk management tools, designed to give you the edge you need in today's dynamic markets. What It Does: Adaptive JMA Indicator: Utilizes a custom Jurik Moving Average (JMA) that adjusts its sensitivity based on market volatility, ensuring you get precise signals even in the most fluctuating environments. Dynamic Risk Management: Features built-in support for partial exits (scaling out) to secure profits, along with an optional Kelly Criterion-based position sizing that tailors your exposure based on historical performance metrics. Robust Error Handling: Incorporates market condition filters—like minimum volume and maximum allowed gap percentage—to ensure trades are only executed under favorable conditions. Vivid Visual Enhancements: Enjoy an animated background that reflects market momentum, dynamic pivot markers, and clearly drawn trend channels. Plus, interactive tables provide real-time performance analytics and detailed error metrics. Fully Customizable: With a comprehensive set of inputs, you can easily tailor the strategy to your personal trading style and market preferences. Adjust everything from JMA parameters to refresh intervals for tables and labels! How to Use It: Add the Script: Copy and paste the script into the Pine Script Editor on TradingView and click “Add to Chart.” Configure Your Settings: Customize your risk management (capital, commission, position sizing, partial exits, etc.) and tweak the JMA settings to match your preferred trading style. Use the extensive input panel to adjust visuals, alerts, and more. Backtest & Optimize: Run the strategy in the Strategy Tester to analyze its historical performance. Monitor real-time analytics and error metrics via the interactive tables, and fine-tune your parameters for optimal performance. Go Live with Confidence: Once you're satisfied with the backtest results, use the generated signals for live trading, and let the system help you stay ahead in fast-paced markets! How to use the imputs: This cutting-edge strategy is designed to adapt to changing market conditions and offers you complete control over your trading parameters. Here’s a breakdown of what each group of inputs does and how you should use them: Risk Management & Trade Settings Recalculate on Every Tick: What it does: When enabled, the strategy recalculates on every price update. Recommendation: Leave it true for fast charts. Initial Capital: What it does: Sets your starting capital for backtesting, which influences position sizing and performance metrics. Recommendation: Start with $10,000 (or adjust according to your trading capital). Commission (%): What it does: Simulates the cost per trade. Recommendation: Use a realistic rate (e.g., 0.04%). Position Size & Quantity Type: What they do: Define how large each trade will be. Choose between a fixed unit amount or a percentage of equity. Recommendation: For beginners, the default fixed value is a good start. Experiment later with percentage-based sizing if needed. Order Comment: What it does: Adds a label to your orders for easier tracking. Allow Reverse Orders: What it does: If disabled, the strategy will close opposing positions before entering a new trade, reducing conflicts. Enable Dynamic Position Sizing: What it does: Adjusts trade size based on current volatility. Recommendation: Beginners may start with this disabled until they understand basic sizing. Partial Exit Inputs: What they do: Enable Partial Exits: When turned on, you can scale out of your position to lock in profits. Partial Exit Profit (%): The profit percentage that triggers a partial exit. Partial Exit Percentage: The percentage of your current position to exit. Recommendation: Use defaults (e.g., 5% profit, 50% exit) to secure profits gradually. Kelly Criterion Option: What it does: When enabled, adjusts your position sizing using historical performance (win rate and profit factor). Recommendation: Beginners might leave this disabled until comfortable with backtest performance metrics. Market Condition Filters: What they do: Minimum Volume: Ensures trades occur only when there’s sufficient market activity. Maximum Gap (%): Prevents trading if there’s an unusually large gap between the previous close and current open. Recommendation: Defaults work well for most markets. If trades seem erratic, consider tightening these limits. JMA Settings Price Source: What it does: The input series for the JMA calculation, typically set to the closing price. JMA Length: What it does: Controls the smoothing period of the JMA. Lower values are more sensitive; higher values smooth out the noise. Recommendation: Start with 21. JMA Phase & Power: What they do: Adjust how responsive the JMA is. Phase controls timing; power adjusts the intensity. Recommendation: Default settings (63 phase and 3 power) are a balanced starting point. Visual Settings & Style Show JMA Line, Pivot Lines, and Pivot Labels: What they do: Toggle visual elements on your chart for easier signal identification. Pivot History Count: What it does: Limits how many historical pivot markers are displayed. Color Settings (Up/Down Neon Colors): What they do: Set the visual cues for buy and sell signals. Pivot Marker & Line Style: What they do: Choose the style and thickness of your pivot markers and lines. Show Stats Panel: What it does: Displays real-time performance and error metrics. Dynamic Background & Visual Enhancements Animate Background: What it does: Changes the background color based on market momentum. Show Trend Channels & Volume Zones: What they do: Draw trend channels and highlight areas of high volatility/volume. Show Data-Rich Labels: What it does: Displays key metrics like volume, error percentage, and momentum on the chart. High Volatility Threshold: What it does: Determines the multiplier for when the chart background should change due to high volatility. Multi-Timeframe Settings Higher Timeframe: What it does: Uses a higher timeframe’s JMA for trend confirmation. Recommendation: Use Daily ('D') or Weekly ('W') for broader trend analysis. Show HTF Trend Zone & Opacity: What they do: Display a visual zone from the higher timeframe to help confirm trends. 6. Trailing Stop Settings Trailing Stop ATR Factor & Offset Multiplier: What they do: Calculate trailing stops based on the Average True Range (ATR), adjusting stop distances dynamically. Recommendation: Default settings are a good balance but can be fine-tuned based on asset volatility. Alerts & Notifications Alerts on Pivot Formation & JMA Crossover: What they do: Notify you when key events occur. Dynamic Power Threshold: What it does: Sets the sensitivity for dynamic alerts. 8. Static Stop Loss / Take Profit Static Stop Loss (%) & Take Profit (%): What they do: Allow you to set fixed stop loss or take profit levels. Recommendation: Leave them at 0 to disable if you prefer dynamic risk management, or set them if you have strict risk/reward preferences. Advanced Settings ATR Length: What it does: Determines the period for ATR calculation, impacting trailing stop sensitivity. Recommendation: Start with 14. Optimization Feedback & Enhanced Error Analysis Error Metric Length & Error Threshold (%): What they do: Calculate error metrics (like average error, skewness, and kurtosis) to help you fine-tune the JMA. Recommendation: Use the defaults and adjust if the error metrics seem off during backtesting. UI - User-Driven Tweaking & Table Customization Parameter Tweaker Panel, Debug/Performance Table Settings: What they do: Provide interactive tables that display real-time performance, error metrics, and allow you to monitor strategy parameters. Refresh Frequency Options (Table & Label Refresh Intervals): What they do: Set how often the tables and labels update. Recommendation: Start with an interval of 1 bar; increase it if your chart is too busy. Important for Beginners: Default Settings: All default values have been chosen for balanced performance across different markets. If you ever experience unexpected behavior, start by resetting the inputs to their defaults. Step-by-Step Adjustments: Experiment by changing one setting at a time while observing how the strategy’s signals and performance metrics change. This will help you understand the impact of each parameter. Resetting to Defaults: If things seem off or you’re not getting the expected results, you can always reset the indicator. Either reload the script or use the “Reset Inputs” option (if available) to revert to the default settings. Jump in, experiment, and enjoy the power of adaptive precision trading. This strategy is built to grow with your skills—have fun exploring and refining your trading edge! Happy trading!
Pine Script™ strategy
by MaximusGains
2
MTF Support & Resistance📌 Multi-Timeframe Support & Resistance (MTF S&R) Indicator 🔎 Overview: The MTF Support & Resistance Indicator is a powerful tool designed to help traders identify critical price levels where the market is likely to react. This indicator automatically detects support and resistance zones based on a user-defined lookback period and extends these levels dynamically on the chart. Additionally, it provides multi-timeframe (MTF) support and resistance zones, allowing traders to view higher timeframe key levels alongside their current timeframe. Support and resistance levels are crucial for traders as they help in determining potential reversal points, breakout zones, and trend continuation signals. By incorporating multi-timeframe analysis, this indicator enhances decision-making by providing a broader perspective of price action. ✨ Key Features & Benefits: ✅ Automatic Support & Resistance Detection – No need to manually plot levels; the indicator calculates them dynamically based on historical price action. ✅ Multi-Timeframe (MTF) Levels – Enables traders to see higher timeframe S&R levels on their current chart for better trend confirmation. ✅ Customizable Lookback Period – Adjust sensitivity by modifying the number of historical bars considered when calculating support and resistance. ✅ Color-Coded Visualization – Green Line → Support on the current timeframe Red Line → Resistance on the current timeframe Dashed Blue Line → Higher timeframe support Dashed Orange Line → Higher timeframe resistance ✅ Dynamic Extension of Levels – Levels extend left and right for better visibility across multiple bars. ✅ Real-Time Updates – Automatically refreshes as new price data comes in. ✅ Non-Repainting – Ensures reliable support and resistance levels that do not change after the bar closes. 📈 How to Use the Indicator: Identify Key Price Levels: The green line represents support, where price may bounce. The red line represents resistance, where price may reject. The blue dashed line represents support on a higher timeframe, making it a stronger level. The orange dashed line represents higher timeframe resistance, helping identify major breakout zones. Trend Trading: Look for price action around these levels to confirm breakouts or reversals. Combine with trend indicators (like moving averages) to validate trade entries. Range Trading: If the price is bouncing between support and resistance, consider range trading strategies (buying at support, selling at resistance). Breakout Trading: If the price breaks above resistance, it could indicate a bullish trend continuation. If the price breaks below support, it could signal a bearish trend continuation. ⚙️ Indicator Settings: Lookback Period: Determines the number of historical bars used to calculate support and resistance. Show Higher Timeframe Levels (MTF): Enable/disable MTF support and resistance levels. Extend Bars: Extends the drawn lines for better visualization. Support/Resistance Colors: Allows users to customize the appearance of the lines. ⚠️ Important Notes: This indicator does NOT generate buy/sell signals—it serves as a technical tool to improve trading analysis. Best Used With Other Indicators: Consider combining it with volume, moving averages, RSI, or price action strategies for more reliable trade setups. Works on Any Market & Timeframe: Forex, stocks, commodities, indices, and cryptocurrencies. Use Higher Timeframe Levels for Stronger Confirmations: If a higher timeframe support/resistance level aligns with a lower timeframe level, it may indicate a stronger price reaction. 🎯 Who Should Use This Indicator? 📌 Scalpers & Day Traders – Identify short-term support and resistance levels for quick trades. 📌 Swing Traders – Utilize higher timeframe levels for position entries and exits. 📌 Trend Traders – Confirm breakout zones and key price levels for trend-following strategies. 📌 Reversal Traders – Spot potential reversal zones at significant S&R levels.
Pine Script™ indicator
by JDTJDTTradingCo
52-Week & 5-Year High/Low with DatesThis indicator is designed to help traders quickly identify key price levels and their historical context by displaying the 52-week high/low and 5-year high/low prices along with their respective dates. It provides a clear visual representation of these levels directly on the chart and in a dashboard table for easy reference. Key Features 52-Week High/Low: Displays the highest and lowest prices over the last 252 trading days (approximately 52 weeks). Includes the exact date when these levels were reached. 5-Year High/Low: Displays the highest and lowest prices over the last 1260 trading days (approximately 5 years). Includes the exact date when these levels were reached. Visual Labels: High and low levels are marked on the chart with labels that include the price and date. Dashboard Table: A table in the top-right corner of the chart summarizes the 52-week and 5-year high/low prices and their dates for quick reference. Customizable Date Format: Dates are displayed in the YYYY-MM-DD format for clarity and consistency.
Pine Script™ indicator
by princekumar909728
Tri-Fold BB(Trend-Strength)*indicator isn't preset to look as displayed, do so accordingly* "Tri-Fold BB" is an indicator that utilizes three Bollinger Bands, each of different length as a way to represent trend strength. This allows one to see the trend strength relative to multiple timeframes: short, mid, and long term trend strength. This is helpful because it provides the user with a holistic view of the asset. How it Works The indicator is preset to utilizing three different Bollinger Bands with length: 20, 50, and 100. This indicator simply plots the price of an asset relative to its specified Bollinger Band. For an example, if the price of the asset were to surpass its 20BB standard deviations, it would display so accordingly, though from the perspective of lets say... the 100, it may have looked like it barely moved up a standard deviation relative to 100BB because the standard deviations of a 100BB are more spread out. Its important to view the trend strength from multiple lengths because it allows one to gauge whether the short term trend strength is likely to hold or not. A better way to speculate on asset behavior. Another way to view this indicator is similar to that of the BB% indicator, except this indicator allows us to view price relative to standard deviations, across multiple timeframes. More holistic, more utility provided. Basic Understanding: Each line = Standard Deviation (3 upper, 3 lower) Mid-Line = Basis relative to BB(20sma, 50sma, 100sma) If price goes under Basis, that means it crossed below their specified sma(significant bull or bear signal) I've also added HMA's relative to each BB incase one were to decide in creating some sort of trading strategy with it. I personally don't use them but I understand that it could be helpful to some so I left it in there. If you don't like them then simply deselect them and then save your desired setup as default. In regard to regular indications of bullish or bearishness, i'd like to add that I use this indicator for the sole purpose of providing an idea of trend strength. I personally am unsure to state that cross overs directly indicate that there is a bull or bear move because I've seen instances where the price of an asset went in a direction contrary to what it 'should' have if we were to use that cross over strategy. Though of course, feel free to use this indicator as desired.
Pine Script™ indicator
by ddcakez