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Draw Line For High Low Custom Range Interactive█ OVERVIEW This indicator is an educational indicator to make pine coders easier to how to use interactive inputs with User-Defined Type (UDT) especially when dealing input.time. █ NOTES This indicator is not perfect but it is a good starting point or template to start develop custom range interactive indicator. █ INSPIRATIONS ABC 123 Harmonic Ratio Custom Range Interactive XABCD Harmonic Pattern Custom Range Interactive PriceTimeInteractive █ CREDITS CAGR Custom Range Pine scripts are now interactive █ FEATURES 1. High Low points are determined based on points selected. 2. Line will be drawn after points are correctly arranged. 3. Label show error once wrong point is selected, move the point as instructed in example. █ EXAMPLES / USAGE
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RozaniGhani-RG tarafından
1
Pivots High Low (HH/HL/LH/LL)/Trend [Anan] Hello Friends,, This is pivot points high low with pivot trend to define the trend direction. Pivot trend is the pivot points average. Options: - Pivot Point Period - Show/hide Pivot Points Labels - Show/hide Bull/Bear Labels ( depends on pivot trend) - Show/hide Pivot Center Line (Bull>Center, Bear<Center) - Show/hide Support/Resistance Level Extensions - Show/hide Fractal Break Arrows (you can set alerts as well)
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Mohamed3nan tarafından
21
Highs, Lows & SessionsHigh Low & Sessions Indicator - Purpose & Usage The High Low & Sessions indicator is designed to provide key price levels and session-based market insights to help traders make informed decisions. It focuses on daily highs/lows, weekly highs/lows, and major trading sessions to identify support, resistance, and volatility patterns. Key Functions of the High Low & Sessions Indicator: Tracks Daily & Weekly Highs and Lows Previous Day’s High & Low: Helps traders identify breakout points and potential reversals. Previous Week’s High & Low: Provides key resistance/support levels for swing trading strategies. Trading Session Zones London Session: High volatility, often setting the daily trend. New York Session: Strong liquidity, continuation or reversal of the London move. Asian Session (Tokyo & Sydney): Lower volatility, potential accumulation phase.
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bayseul tarafından
High/Low Historical Volatility Bands [Loxx]High/Low Historical Volatility Bands are constructed using: Average as the middle line. Upper and lower bands using the Historical Volatility high/low (instead of "regular" Historical Volatility) for bands calculation. What is Historical Volatility? Historical Volatility (HV) is a statistical measure of the dispersion of returns for a given security or market index over a given period of time. Generally, this measure is calculated by determining the average deviation from the average price of a financial instrument in the given time period. Using standard deviation is the most common, but not the only, way to calculate Historical Volatility . The higher the Historical Volatility value, the riskier the security. However, that is not necessarily a bad result as risk works both ways - bullish and bearish , i.e: Historical Volatility is not a directional indicator and should not be used as other directional indicators are used. Use to to determine the rising and falling price change volatility . SH is stock's High price in t day. SL is stock's Low price in t day. High/Low Return (xt^HL) is calculated as the natural logarithm of the ratio of a stock's High price to stock's Low price. Return: And Parkinson's number: 1 / (4 * math.log(2)) * 252 / n * Σ (n, t =1) {math.log(Ht/Lt)^2} An important use of the Parkinson's number is the assessment of the distribution prices during the day as well as a better understanding of the market dynamics. Comparing the Parkinson's number and periodically sampled volatility helps traders understand the tendency towards mean reversion in the market as well as the distribution of stop-losses. The color of the middle line, unlike the bands colors, has 3 colors. When colors of the bands are the same, then the middle line has the same color, otherwise it's white. Included Alerts Signals Loxx's Expanded Source Types Bar coloring Related indicators: Parkinson's Historical Volatility Bands Historical Volatility Bands
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loxx tarafından
1
High Low Bars in ColorHigh Low bars de-emphasize open and close levels, but sacrifice color. Because traditional candles use open and close to determine color, a new approach was needed. This script uses change in midpoints between high and low ( hl2 ), with degrees of shading based on threshold levels in the settings. The default threshold is 1.2 standard deviations of the change in hl2 . Optional "frosting" markers are available for open ("+") and close("x"). Best used in combination with High Low Color Volume .
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MrJulius tarafından
High - Low Trend TunnelHigh - Low Trend Tunnel Experiment. Using latest pinescript Array support! Plotting Highest highs and Lowest lows for specific length (can be defined in settings). The blue line is whom determinate the direction. Blue line is the average of the highest highs and lowest lows smoothed by EMA. Green - Up Trending. Red - Down Trending. Yellow - Squeeze, a reversal might be coming. Any suggestions/comments are welcome as this is an experiment.
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dman103 tarafından
4
High-Low Difference Channels - SMA/EMAI wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice. Description / Usage: Adjust length and multiplier much the same way you would expect with Bollinger Bands. Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA) The outer channels are increments of the base channels width, away from the median hl2 sourced SMA (..or EMA)
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JayRogers tarafından
5