This indicator will simply plot on your chart the Daily/Weekly/Monthly previous candle levels.
The "Auto" mode will allow automatic adjustment of timeframe displayed according to your chart.
Otherwise you can select manually.
Indicator plots the open/close and colors the high-low range area in the background.
Hope this simple indicator will help you !
This tool highlights where gaps happens and outlines in the chart where the gap zones are. If there is a gap up there is a green line, a gap down it is red. The gap zone is highlighted in blue. You can choose the size of your gap with the input menu to the desired size. Feel free to ask comment below. Made for the Gold Minds group
CM_MTF ATR Bands/Stops
Many Options Available Via Input Tab:
-Chart Defaults to Upper and Lower ATR's Based on Current Chart TimeFrame
-Ability to Plot either Upper and/or Lower ATR's
-Ability to Change the Time Frame ATR's are Based On!
-Ability to change Look Back Period and ATR Multiplier Individually for Both Time Frames
-This Gives you the ability to plot...
This is an experimental study designed to identify the underlying trend bias and volatility of an instrument over any custom interval TradingView supports.
First, reset points are established at points where the opening price of the interval changes.
Next, Volume Weighted Average Price (VWAP) is calculated. It is the cumulative sum of typical price times volume...
I know a Trader that went 18 months without a losing trade. This Trader averaged trading 700-800 contracts per month in the Futures markets.
The was not his only system but here were his rules.
He looked at the 60 minute bar and calculated the ranges of the bars over the last 3 months. IF the range of the Bar was Greater Than the 99th Percentile, He would Fade...
Apologies, there was an error in printing for the thick gray boxes, happened when MTF was switched on. All better, and here is the details from before:
This is an interesting study that can be used as a tool for determining trend direction, and also could be a trailing stop setter. I use it as a gauge on MTF settings. If on, you can look at the bar cycle of the...
Identify horizontal support and resistance lines using your choice of 6 methods.
Lookback window: Number of bars back to consider in calculations
Lookback window right (only applicable for methods 3 and 4): Number of bars to the right to consider in calculations
Number of S/R lines to plot: S/R lines to plot (currently the max setting is 4 so 8...
It's a useful script for pairs where you can operate long and short.
It's a combination algorithm of the Range filter and the ADX.
The ADX helps to make the decision to enter to open long or short position.
LG --> Long
xL --> Close Long position
ST --> Short
xS --> close Short Position
"This is an experimental study designed to filter out minor price action for a clearer view of trends.
Inspired by the QQE's volatility filter, this filter applies the process directly to price rather than to a smoothed RSI .
First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount.
Next, the filter is...
This script tries to identify trending regions and ranging choppy regions.
Green areas are trends; Red areas are consolidation areas.
If you are a trend follower trader you should focus on green areas;
If you are a harmonic pattern trader you should focus on red areas.
I did not play with the parameters extensively, but as a rule of thumb higher parameters...
This is the Donchian Channel expressed with a percentage cloud. Default 12.5% of the range will be filled at each edge, this helps to show reversal possibilities as price returns to the area between the clouds. This offers a usage to essentially fade the turtle trader system. That system is loosely based on the playing of the breakouts of the the channel... as...
This long only strategy determines when there is both a NR7 (narrow range 7, a trading day in which the range is narrower than any of the previous six days), plus a inside day (high of the current day is lower than the high of the previous day and the low of the current day is higher than the low of the previous day) both on the same trading day and enters a long...
Opening Range Breakout setup for day trading + levels/trends from higher timeframes.
This started from Chris Moody's classic script (), however profit targets have been changed, and new ones are ploted once TPs are broken. Includes candle colors for easier visualization,...