Hey guys, this indicator detects support and resistance level based on the number of times a level got tested in a certain range. How does it work? In the user input settings, you will be able to choose between two modes "Tested Level" and "Untested Level". "Tested Level" will be detected by the number of times a certain low or high got tested in the...
Dear Followers, today a new powerful indicator! Welcome to the great world of Breaker Blocks (BB) and Supply-Demand Order Blocks ! So what's the point? As always, the point is how to trade as safer as possible! Breaker Blocks are price ranges where you simply have to wait for a pullback and sell-buy on its touch and price bounce, like in the screenshot...
This script shows the estimated circulating supply of Bitcoin on any given day. Features: - Estimated Bitcoin circulating supply calculated daily - Uses the Bitcoin reward schedule, past halving dates, and the next upcoming halving estimated date to calculate the current estimated supply. - Optionally includes an option to use "Log Reduction" on the chart ***...
Hello guys, another day, another method for detecting support and resistance level. This time it's all about the VWAP and daily gaps it might produce. How does it work? The indicator detects when a new daily candle begins and the VWAP makes a big move in either direction. Often it produces a gap and this is where the support or resistance level will be...
Hello guys, once again, I want to show you a different method for detecting support and resistance level. Today's approach is similar to the one I posted recently, but the way the level will be detected is different. I call it the multi-timeframe standard deviation level. How does it work? The method is similar to the way Bollinger Bands work. First, the...
It can helps you to see BB pivots . It's based on bollinger bands . Best Settings: (20,3) - (50,2) Cheers :)
This script will draw the supply and demand zone so you can always enter the best places. Cheap stop-loss and BIG Take Profits. I will leave the scripts available during the weekend and if you want it, send me a message. Leo Hermoso
Main supports and resistances levels, and price collection zones.
Supply and Demand zones do offer a great insights into the structure of any market. If you have an idea of how to trade with support and resistance zones, you might find supply and demand zones very similar. 1. Focus on a price level (zone) It’s difficult to analyze the market without a focal point. If you look for turning points at every price level, you will...
This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points. Generally HH and HL shows up-trend, LL and LH shows down-trend. If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script...
ThunderTrader : ThunderLight ThunderLight is indicator to track or calculate hidden consolidation or accumulation where the whales prepare for next pump ThunderTrader : ThunderRainbow ThunderLight is indicator to track or calculate hidden demand, supply and accumulation where the whales prepare for next pump or next dump Time Frame Rules: It works for any...
Draws supply and demand zones of 3 types, based on 3 different volume threshold parameters. The timeframe of the script is fixed (you can change it in the options), so for example it is possible to keep Daily S/D zones while looking at 1h chart.
THE BEST FOREX, BINARY OPTIONS, AND CRYPTO INDICATORS FOR TRADINGVIEW.COM Green = Support Zones Red = Resistance Zones The basic trading method for using support and resistance is to buy/long near support in uptrends, and to sell/short near resistance in downtrends. Also included in this indicator are a Higher High, Lower High, Higher Low, and Lower Low...
This Script automatically marks Demand and Supply Zone on the chart
A follower of mine asked me if I could make a version of my www.tradingview.com script using the MACD. Well it just so happens I was making a few modifications to my MACD script: just as this question came up so I went ahead and threw this together. The MACD that triggers the SR zones is pictured below, with key trigger points encircled to illustrate how it works.