A means for tracking price ranges for gap up/down and longer buying/selling tails. This may have some value for buying/selling opportunities based on the relative significance of the range. The look back period is adjustable and works for any time frame. If you have any success using it leave some feedback. -Squam
Draws horizontal segments where the last Monthly, Weekly, Daily and Hourly closes are. Easily identify current price relative position to these key prices. I use it as a kind of pivot points and help me with trend following entries: longs if up from last close, shorts if down from last close. Monthly: red line (MMMMM) Weekly: orange line (WWWWW) Daily: yellow...
This indicator detects large swings/pivots in historical price action to highlight tops and bottoms which might act as future levels of support or resistance. The code by default detects the last 3 significant swing highs and the last 3 swing lows. It then places lines on the chart to highlight those levels. For a full overview of the indicator and code...
Indicator currently allows pivots from two time frames (ideally a trading time frame and a higher time frame) to be specified. In the example, the 1H time frame is being used for entries using the 4H time frame (8 candles pivot width = 2 4H candles) as the trading time frame and the daily chart (48 candles pivot width = 2 daily candles) as the higher time...
Candle based indicator that shows swing highs and lows (pivots). It draws an up or down arrow for simple three candle 'single' swings. For stronger five candle 'double' swings, it colours the candle. Good for highlighting stronger reversals. Both of these stylings can be toggled on/off individually. Default colours Swing HIGH on an UP candle: bright...
Its' new version of previously published Kozlod - Pivot Reversal Strategy Alerts Indicator now better correspond to original strategy. However, there can be some differences. Problem is that it's pretty tricky to implement in plain PineScript same "stop" logic used in strategy.entry of the original script
This indicator provides some base code for looping over data to identify swings in price action. Full code commentary can be found on the backtest rookies website. The indicator shall allow users to "analyse" a recent historical candle to detect whether it was a swing point. This will work by inputting a number to select which historical candle you want to...
Using daily pivot, if price is greater or under the four EMAs, and if we have a stoch signal, then we have an entry/exit condition.
Study with alerts for "Pivot Reversal Strategy".
Display Pivots Daily + Weekly + Camarilla
This is an experimental study designed to identify potential areas of support and resistance using a hybrid between Camarilla and Fibonacci pivot calculations. The levels are calculated by taking 110% of the previous interval's range multiplied by 8.33%, 16.67%, 25%, 50%, 61.8%, 78.6%, 100%, 127.2%, 141.4%, and 161.8%, then adding them above and below the interval...
This indicator draws Standard Pivot Levels on all products on all timeframes. The P Pivot is included, and it goes as far as R3 and S3, as pivots 4 and 5 are rarely reached in the market. This indicator differs from the "Standard Pivot" published by TradingView as this can be used to set-up an Alert: just add a new alert, pick "crossing" and in value pick "Pivot...
This indicator contains two simple moving averages that is calculated from the pivot point rather than the closing price. This indicator is described in detail in chapter 6 of the book Candlestick and Pivot Point Trading Triggers: Setups for Stock, Forex, and Futures Markets by John L. Person.
Plots the standard deviation resistance/support levels. Input the previous settlement price and the implied volatility. credit to u/UberBotMan and u/Living_Granger for the idea and formulas (preview example is using settlement of 2420 and IV of 11)
Updated from V1. Chart the multi-day Volume Weighted Average Price ( VWAP ). Normally, the VWAP is tracked for the current day, from the first bar of the day (regular or extended session). The VWAP shows the current value of: -> sum(hlc3 * volume , barsForDay) / sum( volume , barsForDay), -> where 'barsForDay' is the total number bars that have elapsed during...