ATRvsDTR + ADR Zone + SSS50%This Script is to be used for intra day as far as the adr zones. The adr zones are used as support and resistance but also can be used to determine whether the stock is breaking out or not. Also being that the adr zones are calculated using a 5 or 10 day period unless you change the settings, and are set when price opens. It does really help you know whether a stock is moving more than it does on average to me it just signifies its directional. So I added the atr vs dtr so you can see what a stock moves on average versus what it has moved today.
The atr period is calculated based on the daily period unless you change the settings. I added to the original script 3 more percentages the atr vs dtr will change as it goes higher so that you can be aware when the stock is getting closer to moving 100% of its atr. Even though a stock breaks above or below the adr that doesn't mean it has moved more than it normally moves.
I also have the weekly open on the script as I trade the strat and I want to know, at what price the the week will change from bearish to bullish and vice versa. So that I can understand the trend when I am trading intraday.
The 50% lines were added for Sara strat snipers 50% rule and you can change the timeframes on them. This is used to know whether a candle will go 3. This also can help with retracements vs reversals, because in traditional technical analysis 50% is around where people start think its a reversal more so than a retracement.
I believe the script will be very help as it can show you price being directional but can also let you know when the stock is getting close to moving more than it normally has or if it has moved more than it normally has. As well as being able to see if something is a retracement vs a reversal. I trade TheStrat strategy so this can be very helpful in that regard
The 50% retracement levels are default 1h and daily. You can change them and whether or not they show
In the example chart you can see we are below weekly open which is bearish and you can also see where price reverses out of the upper adr zone. As well as how much of the atr we have moved on this day in time.
Pivot
Pivot Points Standard Higher Timeframe█ OVERVIEW
This indicator was intended as educational purpose only and alternative way to write pine script in version 5 for Pivot Points Standard.
█ CREDITS
Credits to TradingView for original built-in source code.
█ FEATURES
Display price or percentage.
Change color for labels and lines.
█ USAGE EXAMPLES
Relative Strength Index - Divergences - LibertusHello all,
To ease everyone's trading experience I made this script which colors RSI overbought and oversold conditions and as a bonus displays bullish or bearish divergences in last 50 candles (by default, you can change it).
Script is open source, part of code is from Trading View examples. If you have suggestions or you already made some improvements, please report in comment.
Happy trading and good luck!
Camarilla PivotsA slimmed down/cleaner version of the "Pivot Points Standard" indicator. This is for Camarilla pivots only. The S and R pivots are renamed to L/H and the colors of pivot 1 and 2 are faded out by default since those pivots are less used in the Camarilla trading system. They can also be disabled of course.
20 Camarilla Pivot PointsThis indicator plots 20 Camarilla pivot points above and below the pivot based on the selected time frame. This is useful when price goes between the standard 3 and 4 pivots and above 4. Note that the normal 4 pivot point is labeled as 6 in this indicator. You can change the color of each set of pivots so you can mark the standard Camarilla pivots if you wish. The image is using monthly Camarilla pivots on a 1 hour time frame.
Volume Profile, Pivot Anchored by DGTVolume Profile (also known as Price by Volume ) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels. Specified time period with Pivots Anchored Volume Profile is determined by the Pivot Levels, where the Pivot Points High Low indicator is used and presented with this Custom indicator
Finally, Volume Weighted Colored Bars indicator is presneted with the study
Different perspective of Volume Profile applications;
Anchored to Session, Week, Month etc : Anchored-Volume-Profile
Custom Range, Interactive : Volume-Profile-Custom-Range
Fixed Range with Volume Indicator : Volume-Profile-Fixed-Range
Combined with Support and Resistance Indicator : Price-Action-Support-Resistance and Volume-Profile
Combined with Supply and Demand Zones, Interactive : Supply-Demand-and-Equilibrium-Zones
Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Real IndicatorReal indicator is an indicator to convert ohlcv charts to one oscilator!
there is an effective thing in all charts: "Volume", and I used this thing to mix it by price
Buy: on crossing above to Bollinger-lower-band (on Up-trends)
Sell: on crossing under Bollinger-upper-band (on Down-Trends)
use an SMA-200 to determine trends ;)
Heikin Ashi OscillatorThis indicator plots a delta between the Heiken Ashi close price and the regular candlestick closing price as a histogram, which allows you to quickly analyse changes in trend
direction.
It also provides a reverse-engineered closing price for regular candlesticks, to reach in order to maintain the momentum, which allows you to be forewarned of potential pivot points to change in bias in direction.
Feel free to use this indicator to modify and add to your charts as you wish.
Pivoting PivotMany people use Pivots when conducting analysis, but I don't see many people using pivoting pivots. Pivoting pivots are pivots that don't have any other pivots around them. They can be useful when trying to separate pivot clusters from important pivot points.
The code is calculated by finding the distance between two candlesticks (left check), then calculating the distance between the last pivot and the current candlestick.
On the chart: labels are TradingView's official pivot high and pivot low script, and the blue candle color is my pivoting pivots (both with a look left and look right of 2).
Special thanks to @fikira for helping me with ideas for the calculations!
Vector Flow ChannelA decay channel that allows multi stage setup for timed events.
update to V5:
and
3EMA + Boullinger + PIVOTTRES EMAS + BANDAS DE BOLLINGER + PIVOTE
INDICADOR 1: TRES EMAS (MEDIA MOVIL EXPONENCIAL)
Con este indicador puede visualizar el promedio de precios con mayor peso a los datos mas recientes.
Se calculan y dibujan tres medias móviles exponenciales: 8, 20 y 200 últimas velas.
-Rápida EMA1 = 8
-Media EMA2 = 20
-Lenta EMA 3 = 200
INDICADOR 2: BANDAS DE BOLLINGER
Con este indicador podrá ver la fuerza y la tendencia del mercado, es decir la mide la volatilidad del precio del activo.
Si el precio sobrepasa la banda superior, el activo está sobrecomprado.
Si el precio sobrepasa la banda inferior, el activo está sobrevendido.
Longitud tendencia - BASE = 20, paso = 1
Desviación Estándar - Multiplicador = 2, paso = 0.2
INDICADOR 3: PIVOTE
Este indicador etiqueta los puntos donde el precio es mínimo y máximo, en un rango de velas determinado en el parámetro "Distancia para el Pivote".
Estos 3 indicadores sirven para todo tipo de activos: FOREX, CRIPTO, CFD´s, ETC.
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THREE EMAS + BOLLINGER BANDS + PIVOT
INDICATOR 1: THREE EMAS ( EXPONENTIAL MOVING AVERAGE )
With this indicator you can visualize the average of prices with greater weight to the most recent data.
Three exponential moving averages are calculated and drawn: 4, 20 and 200 last candles.
-Fast EMA1 = 8
-Average EMA2 = 20
-Slow EMA 3 = 200
INDICATOR 2: BOLLINGER BANDS
With this indicator you can see the strength and trend of the market, that is, it is measured by the volatility of the asset price.
If the price goes above the upper band, the asset is overbought.
If the price goes above the lower band, the asset is oversold.
Trend length - BASE = 20, step = 1
Standard Deviation - Multiplier = 2, step = 0.2
INDICATOR 3: PIVOT
This indicator labels the points where the price is minimum and maximum, in a range of candles determined in the parameter "Distance to Pivot".
These 3 indicators are used for all types of assets: FOREX, CRYPT, CFD's, ETC.
Round Number ZonesThis indicator shows zones of round numbers for 3 custom symbols like US30, EURUSD or GOLD as lines in the chart. The starting price can also be the current or a custom one and you can configure the increments as well. CAPITALCOM:US30
Pivot Order Blocks// How it Works \\
Order Blocks based on pivot reversal candle
When a pivot High or Pivot Low is found and confirmed, a box will be plotted on the open and close values of that pivot candle
// Settings \\
In the settings you have the ability to change the distances required to confirm an pivot High or Low
These are the lengths where the script checks to see if it is at its local high or low.
You also have the ability to change the amount of candles the box stretches over as well as the colors of the bullish and bearish boxes
// Use Case \\
Pivot points often provide Support and Resistance points on their own,
one way of marking up order blocks is by taking the pivot candle and marking that up as a resistance area where you could be looking for price to reverse
// Suggestions \\
Happy for anyone to make any suggestions on changes which could improve the script,
// Terms \\
Feel free to use the script, If you do use the script could you please just tag me as I am interested to see how people are using it. Good Luck!
MTF Pivots Zones [tanayroy]Dear Fellow Traders,
I only publish scripts that I use and found good for my trading. Pivots are my favorite indicator. I use daily, weekly, monthly, quarterly, and yearly pivots levels. multiple pivot zones are very strong levels and I like to watch these levels for possible price action.
But when I include all pivots levels at a time, my charts get too clumsy. To see price action properly, you need a clean chart. And when we trade we want to see only important levels within the price horizon.
To resolve this, I created this script, which shows important levels within my display option. I control the display option with 14 periods ATR and a multiplier to adjust the display levels.
The following chart displays levels within 14 ATR * 0.5 multipliers. As the price progress, it will automatically add levels and delete levels that do not come within this option.
What levels are included?
I have used traditional pivot calculation and included Daily, Weekly, Monthly, Quarterly, and Yearly pivots with high and low.
What options are available?
You can replace the yearly timeframe with your desired time frame and can adjust the ATR multiplier to increase or decrease display levels.
Use this in 5m, 15m, or 1H chart or any timeframe below Daily.
Please like, share, and comment.
Pivot Based Trailing Maxima & Minima [LuxAlgo]This indicator returns trailing maximums/minimums and the resulting average, each resetting on the occurrence of a pivot point high/low, thus allowing to highlight past and current support and resistance levels.
Note that the user has the option to make the indicator subject to backpainting or not. Backpainting would offset the indicator output to the past and as such would be less suited for real-time applications.
🔶 USAGE
🔹 Non Backpainting
The indicator can highlight points of support and resistance given by the trailing maximum/minimum average.
An uptrend is indicated when the trailing maximum is making a new higher high, while a downtrend is indicated when the trailing minimum makes a new lower low.
🔹 Backpainting
When backpainting is enabled the historical trailing maximum/minimum and their resulting average are offset to the past. However, we extend these to the most recent bar, allowing for real-time applications of the indicator.
Users can easily analyze past trends and determine their type by observing the trailing maximum/minimum behavior. For example, trailing maximums/minimums not making new higher high/lower low would indicate a ranging market.
The frequency of new higher high/lower low can also help determine how bullish/bearish a trend was.
🔶 SETTINGS
Length: Determines the pivot high/low lookback, with higher values allowing to detect longer-term tops and bottoms.
Backpaint: Determine if the indicator is subject to backpainting. Enabling this setting would offset the returned results in the past.
Mean Shift Pivot ClusteringCore Concepts
According to Jeff Greenblatt in his book "Breakthrough Strategies for Predicting Any Market", Fibonacci and Lucas sequences are observed repeated in the bar counts from local pivot highs/lows. They occur from high to high, low to high, high to low, or low to high. Essentially, this phenomenon is observed repeatedly from any pivot points on any time frame. Greenblatt combines this observation with Elliott Waves to predict the price and time reversals. However, I am no Elliottician so it was not easy for me to use this in a practical manner. I decided to only use the bar count projections and ignore the price. I projected a subset of Fibonacci and Lucas sequences along with the Fibonacci ratios from each pivot point. As expected, a projection from each pivot point resulted in a large set of plotted data and looks like a huge gong show of lines. Surprisingly, I did notice clusters and have observed those clusters to be fairly accurate.
Fibonacci Sequence: 1, 2, 3, 5, 8, 13, 21, 34...
Lucas Sequence: 2, 1, 3, 4, 7, 11, 18, 29, 47...
Fibonacci Ratios (converted to whole numbers): 23, 38, 50, 61, 78, 127, 161...
Light Bulb Moment
My eyes may suck at grouping the lines together but what about clustering algorithms? I chose to use a gimped version of Mean Shift because it doesn't require me to know in advance how many lines to expect like K-Means. Mean shift is computationally expensive and with Pinescript's 500ms timeout, I had to make due without the KDE. In other words, I skipped the weighting part but I may try to incorporate it in the future. The code is from Harrison Kinsley . He's a fantastic teacher!
Usage
Search Radius: how far apart should the bars be before they are excluded from the cluster? Try to stick with a figure between 1-5. Too large a figure will give meaningless results.
Pivot Offset: looks left and right X number of bars for a pivot. Same setting as the default TradingView pivot high/low script.
Show Lines Back: show historical predicted lines. (These can change)
Use this script in conjunction with Fibonacci price retracement/extension levels and/or other support/resistance levels. If it's no where near a support/resistance and there's a projected time pivot coming up, it's probably a fake out.
Notes
Re-painting is intended. When a new pivot is found, it will project out the Fib/Lucas sequences so the algorithm will run again with additional information.
The script is for informational and educational purposes only.
Do not use this indicator by itself to trade!
Makuchaku's Trade Tools - Pivots/Fractals & CrossoversPivots/Fractals are at minimum a 3 candlestick pattern.
Bearish pivot/fractal is formed when a candle is flanked by 2 lower candles on either side
Bullish pivot/fractal is formed when a candle is flanked by 2 higher candles on either side
They are great to determine market structure.
This indicator also prints boxes when those pivots/fractals are crossed over, printing bearish & bullish boxes.
Bias Pivot PointA simple indicator that uses Pivot Points as a filter and to generate a Directional Bias .
How to use this indicator?
1. Directional Bias
Bullish => Closing Price > Pivot Point
Bearish => Closing Price < Pivot Point
2. Support / Resistance
Each Pivot Points can be used as Support or Resistance
3. Take Profit Targets
Each Pivot Points can be used as targets for taking profit
Fusion: Pivot Angles and ThresholdsThis is a somewhat unusual indicator working purely on geometry.
You set a threshold for an angle of a pivot and if the angle is LESS THAN (because the sharper the pivot the smaller the angle) your threshold then a signal is given.
I use this as an exit indicator and it works well for me when other methods don't give a clear signal. Seeing where it shows up it might also make a good entry indicator but I'll leave it up to others to play with that and see if it's a good entry indicator for them. If you find it is good for entries or other things please drop me a note or make a comment, I would appreciate knowing.
If you set the length to 1 for the moving average then it will just use the source and not perform a moving average operation.
There's half a dozen or so moving average types to select from so you will probably find one that suits you pretty well.
The settings are certainly not optimized so set to whatever suits your needs as my defaults will probably be wrong for you.
The code is structured to easily drop into a bigger system so use it as a lone indicator or add the code to some bigger project you are creating. If you do integrate it into something else then send me a note as it would be nice to know it's being well used.
Finally, if you find value please do make a comment, give a thumbs up etc.
Enjoy and good luck!
_Auto Pivot PointsOne of the main drawbacks to displaying Pivot Points on a chart is that many times the more extreme pivots (R/S3, R/S4, R/S5) aren't anywhere close to the price action during a timeframe. These extreme pivot points clutter up your chart and make it hard to use the "auto" zoom feature of TradingView.
The " _Auto Pivot Points " indicator solves these problems by automatically only displaying the pivot points if the price has crossed the pivot during the timeframe or it is the next closest pivot . For example, on monthly pivots if the price has only crossed the R1 Pivot then this indicator will display the R2 Pivot and any pivots below but it won't display the R3, R4, R5 pivots . The R3, R4, & R5 pivots are not very useful to the trader because the price hasn't even crossed the R2 Pivot . But as soon as the price crosses the R2 Pivot then this indicator will display the R3 Pivot because it is the next closest. And the same logic applies to the S Pivots .
If you need to see all the Pivots then there is a convenient toggle to display all the pivots by turning off the intelligent auto pivots . But as soon as you don't need to display all the pivots the toggle will turn on the automatic pivots .
This indicator has many style and logic options. This script allows you to control:
Number of past timeframes to display
Displaying Pivot labels
Label position (left/right)
Line color
Line width
Note: TradingView has a limit of 40 security calls per script. Due to this limitation this indicator can only display pivots a max of 7 time periods back.
Note 2: This indicator uses the Traditional pivot calculations.
Swing Pivots High LowBINANCE:BTCUSDT
This indicator is an opensource merge of the built in 'Pivot Points High Low' and the most popular 'Swing-high-low-support-resistance' indicators. The original 'Pivot Points High Low' does not have extensions with better visibility, while the most popular 'Swing-high-low-support-resistance' has no source available. I've also added additional configurable alert conditions for Pivot High and Low Crossover/Crossunder.
Please read the official documentation for further information about the indicator.
T3 + BB
TRES EMAS + BANDAS DE BOLLINGER
INDICADOR 1: TRES EMAS (MEDIA MOVIL EXPONENCIAL)
Con este indicador puede visualizar el promedio de precios con mayor peso a los datos mas recientes.
Se calculan y dibujan tres medias móviles exponenciales: 4, 20 y 200 últimas velas.
-Rápida EMA1 = 4, paso = 1
-Media EMA2 = 20, paso = 2
-Lenta EMA 3 = 200, paso = 10
INDICADOR 2: BANDAS DE BOLLINGER
Con este indicador podrá ver la fuerza y la tendencia del mercado, es decir la mide la volatilidad del precio del activo.
Si el precio sobrepasa la banda superior, el activo está sobrecomprado.
Si el precio sobrepasa la banda inferior, el activo está sobrevendido.
Longitud tendencia - BASE = 20, paso = 1
Desviación Estándar - Multiplicador = 2, paso = 0.2
Estos 2 indicadores sirven para todo tipo de activos: FOREX, CRIPTO, CFD´s, ETC.
------------------------------------------------------------------------------------------------------------------
THREE EMAS + BOLLINGER BANDS
INDICATOR 1: THREE EMAS (EXPONENTIAL MOVING AVERAGE)
With this indicator you can visualize the average of prices with greater weight to the most recent data.
Three exponential moving averages are calculated and drawn: 4, 20 and 200 last candles.
-Fast EMA1 = 4, step = 1
-Average EMA2 = 20, step = 2
-Slow EMA 3 = 200, step = 10
INDICATOR 2: BOLLINGER BANDS
With this indicator you can see the strength and trend of the market, that is, it is measured by the volatility of the asset price.
If the price goes above the upper band, the asset is overbought.
If the price goes above the lower band, the asset is oversold.
Trend length - BASE = 20, step = 1
Standard Deviation - Multiplier = 2, step = 0.2
These 2 indicators are used for all types of assets: FOREX, CRYPT, CFD's, ETC.
Pivots High-Low Screener & AlertsHi fellow traders ,
Pleased to share a Pivot High - Low Screener.
The script uses the TV inbuilt Pivot function.
It Screens 25 tickers default set, these can be modified in the input dialog box.
All you need to do is attach to any chart and set the periodicity or the resolution of the chart to your desired alert() frequency requirement.
Now go to the input settings icon of the script and set your Pivot right and left parameters!
Set the alert from the menu as usual click - Any alert() function call and bingo you are done!!
Similarily change the chart periodicity to the next timeframe and set the next alert.
No more opening multiple charts and setting individual time consuming alerts().
You will get concatenated alerts or summary alerts for your tickers.
Track 25tickers with a single alert for each timeframe(Supports 40 tickers).
Happy trading with TV..
