Dear followers, today a new analysis tool for day trading, scalping and swing trading: Automatic Fibonacci Retracements and Extensions drawer! It works on every timeframe and market, as it simply draws automatically most important fibonacci levels on the chart. Based on the analysis window set (default 100 bars, but you can edit it as you like), it finds...
This indicator scans the market for New York session entries based on trend and fibs. The indicator also detects killzones, which are basically supply and demand zones. We like to think of these as areas of which banks are placing their orders. The indicator also gives you the Asian range and how many pips the market has moved for the Asian range, that is what...
Daily (weekly, monthly) profits with the Fibonacci trading indicator_3 Quotes move in Fibonacci ratios in liquid markets. With this indicator you receive information for daily trades or for position trades based on a week or on a monthly basis, in which area you should ideally enter the market and where the minimum achievable price target is. This price target is...
Hello Traders This script finds Tops when RSI is in overbought area or Bottoms when RSI is in oversold area and checks the divergence between them. it checks divergence at tops/bottoms after RSI exited from OB/OS areas. You can change overbought / oversold levels. You can limit the time that RSI is in OB/OS area with the option "Max Number of Bars in OB/OS" you...
This indicator automatically draws the 50% retracement of large moves on a chart. The default setting is 200 bars. Out of all the Fibonacci levels the simplest and the one I find most profitable is the 50% level. Very often price will respect this level and when combined with key Support/Resistance levels, other indicators, and/or price action study it can be...
The fib are plotted to previous day High and low to find next days support and resistance based on fibs.
™TradeChartist Fib Master is a versatile Fibonacci Support and Resistance indicator that can be used to plot Automatic Levels and Fibonacci Levels based on a variety of ways from the settings, including Auto Fibs plot by connecting to an external...
This script draws a High-To-Low or Low-To-High Fibonacci Retrace over the chart, based on which of those two happens in the given time period (Default is 144 Candles). Updates from older versions: - Paints 0.5, 0.618, 0.65 and spaces in between, giving good hindsight to the trend, and ideas of where strong support/resistance may lie. - Silver Paint Strip = 0.50...
Every Index, every ETF , every sector started somewhere. That starting point defines Zones that follow that Index, or ETF forever. What i am saying is - everything you are trading has a pre-defined range of movement that was established when the stock Index became available to the market. It is this range that defines specific levels that will always play a...
This script calculates and plots the All time Fibonacci Retracement of the chart. It's based on the ATH (All Time High) and the ATL (All Time Low). Made simple, you can choose which levels you wanna plot in the parameters menu. Enjoy !
Hello Traders! After the addition of "Arrays" to the Pine, I developed new and improved version of Support Resistance - Dynamic script as version 2. In this script Arrays were used. This can be used as Support Resistance tool, also it will be an example for the people who want to learn Array usage in Pine. Many thanks to Pine Team for adding Arrays! The...
TMSignal Auto Fibonacci V1.0: Automatically calculates the Fibonacci Retracement + Extension of 161.8% in order to always have it plotted in a "millimeter" way. At the same time, it allows viewing or removing the different levels, so that each one can be configured as desired. We hope you like it! Contact us any question or improvement suggestions.
Automatic Fibonacci Retracement Level indicator for any time frame, any asset. Simple to use, just add to your chart and set the size of retracements you want to see. Fib levels keep drawing in real time until the next low or high is found to start drawing the next fib. Settings Include • Fib size • Show prices • Draw low-to-high or high-to-low • Toggle...
Fibonacci Cluster can be used for live day-trading to anticipate possible movements. Ever line is a Support and Resistance level. Median = Middle Line R1 & R2 and S1 & S2 are possible reversal zones. Upper Limit and Lower Limit are stronger levels. Conditions:- If the Lower Limit line is horizontal and the stock is moving upwards along with the Upper...
A second version of an already published indicator by me. This Indicator will help you find price levels for the short term instead of long term. The indicator analyzes short term closing prices( Two days data) . It calculates extensions and retracement. If you are a Forex trader, add zero to the variable in the input section. The indicator does not specify...
Hello Traders, With the info "Trend is Your Friend ", you should not take position against the trend. This script checks multipte moving averages if they are above/below the closing price and try to find trend. The moving averages with the length 8, 13, 21, 34, 55, 89, 144, 233, 377 used. these are fibonacci numbers, but optionally you can change the lengths...