This is a simple application of OBV indicator (On-Balance Volume ), to visually determine when a given stock current obv is near the highest or lowest based on the number of lookback bars. Indicator examples: ### OBV value is near an all-time high ## breakthrough , stock value could set new all-time highs. rejection , stock value could come down or...
MA 20 period Magic Band - based on Highs and Lows (as opposed to Close), can be used on any time frame for a better grip on price action.
Based on the Stochastic RSI but uses RVI (Relative Volatility Index) as source. Another great tool for finding market lows and entry points. This oscillator is also good for finding accurate diversions.
This script doesn't give buy or sell signals. It gives a reference point to the previous day's high and low as well as the previous week's high/low. This will be helpful for intraday trading decisions.
FirstBarRange study displays lines for the high and low of the first bar/candle of the trading day, along with shaded areas for the range on top of the first bar high and below the first bar low. This study is very useful for intraday traders to see when stocks trade above the first bar high, it shows strength, and many times the high of the first bar is also...
English: This indicator is designed for the stock market and marks potential buying or selling climaxes. If a "buying climax" or "selling climax" is marked, the probability is high that this price level will not be exceeded or undershot quickly. The indicator is used exclusively on the weekly time level. Conditions for a "Buying Climax": - New 52-week high -...
This script improves on many of the existing EMA ribbon scripts out there: Reduces visual clutter with shorter labels / titles, and thinner, transparent lines which don't obscure the actual price chart Two beautiful color gradients for up and down trends All colors and EMA periods are fully configurable, using the new input grouping / inline features ...
Renders the high and low values from previous days. Useful alert conditions are provided: "Less than low" and "Greater than high". Configuration: The number of days is configurable with a default of 1. The source of the high and low values. Use the close value instead of high and low values. Default is false. The example above uses 2 days to...
Very early in my trading career, I came across Pivot Points only to find out that there are as many calculations as one pleases. It was hard to find out which ones work. Most of them probably did only out of randomness, so I ditched the strategy and looked for something else. I previously used my Oracle Eye and Reference Points scripts but it is time for an...
This indicator consists of two lines. One is a gray line (USD) and the asset indicator is green or red. The basis of this indicator is the true strength indicator (TSI) with parameters 5,15. Both line sets are based on a TSI (5,15). The lookback period is for new highs / new lows. Default value is 200 periods. GREEN/RED LINE The first that is green and red is...
I created this indicator based on one of my ways of analyzing the BTC trend in particular, I noticed that the break of the first weekly candle usually indicates the trend for the rest of the month. This indicator has a bug in which if you change the timeframe of the indicator it will show erroneous values If you use the candlestick chart, you will need to pull...
█ OVERVIEW This script presents a label with an overview of higher timeframe highs and lows. This can be useful information as we all know that price likes to revisit previous highs and lows area, specially on the higher timeframe. █ CONCEPTS This information can be relevant and valuable for various reasons: Finding horizontal Support and Resistance ...
This indicator is a combination of 3 public indicators being: * a standard Simple Moving Average with the source as the candle low & length of 2 * a standard Simple Moving Average with the source as the candle high & length of 2 * the Least Square Mean with a source of high + low /2 and length of 9 This combo was inspired by Tyler Coates who crafted EMASAR. He...
Simple script to show key levels of current day and previous day. Labels can be turned on and off as needed. Line colors, thickness and style can be changed. Modified the "M/W/D Level" script from paaax. Credit for original code goes to him. Link to script and profile posted in code of this script.
Displays the day's progressive high and low of the day colorized by the day of the week.
This is a study intended to port the work of /u/QuantNomad's "Kozlod - All-time high/low alerts" to pine version 4 without giving any alerts. It is intended to capture the most extreme points on any given price chart in real time, the absolute high and absolute low points. Ideally, the plotted lines would strictly diverge from one another in opposite directions...
Displays recent higher and lower lows. In it's simplicity is a lot more powerful than might appear at first glance. Does not rely on volatility calculation. Can be linked together to create an objective view of recent support levels. Makes current trends more visible. Excellent as a trailing stop algorithm. Can be used with its sibling: Local Limit Upper
//This script finds High and Low X bars back. Simple pine script, can customize lookback period.