█ Support & Resistance Trendlines with Pivot Points + Fibonacci Channel
This script automatically draw support and resistance trend lines based on pivot points and add a fibonacci channel.
It will show potential patterns with the help of support and resistance lines as well as breakout target and pullback entry with the fibonacci extension and retracement...
This indicator is designed to show key pivot points, also known as levels, which could provide good trade entries.
Utilising liquidity concepts, untested pivot levels can be a good place to enter a trade after the pivot is tested, liquidity is taken and the direction reverses.
Alternatively, utilising the option of viewing already tested levels, you can easily...
// How it Works \\
Order Blocks based on pivot reversal candle
When a pivot High or Pivot Low is found and confirmed, a box will be plotted on the open and close values of that pivot candle
// Settings \\
In the settings you have the ability to change the distances required to confirm an pivot High or Low
These are the lengths where the script checks to see if it...
Simple script which marks out key swing highs & lows.
One of the only indicators I have on the chart most days
- perfect for naked charting
- quickly helps you to visually identify key areas of interest
An extension of Bill Williams fractals
- aka short term swing points
Allows you to filter for only the most prominent swing points
- you can even overlay...
I'm building quite a lot of pretty complicated indicators/strategies in Pine Script. Quite often they don't work from the 1 try so I have to debug them heavily.
In Pine Script there are no fancy debuggers so you have to be creative. You can plot values on your screens, check them in the data window, etc.
If you want to display some textual information, you can...
An improved version for minimum and maximum in a day trading session. You can choose the session resolution, it ranges from 1 minute to 1 week.
It works well for stocks and non-extended sessions due to security() function limitations.
Any suggestions, please leave a comment.
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.
Map - an indicator that shows the highest and lowest points on the price movement road.
The calculation is based on the type of price data specified in the "Source" parameter and the length of the time interval specified in the "Length" parameter.
The indicator helps to visually find a local trend and rebound points.
Thanks for your attention!
Minimum and maximum points in a day trading session. It may help you spot the range which min and max occur in a session.
In day trading, for example, at securities like GBPNZD, minimum happens between 02:00-05:00 ET and maximum between 08:00-14:00 ET. This indicator can help you test this hypothesis.
Provides functions for simplifying operations with collections of x+y coordinates. Where x is typically a bar index or time (millisecond) value.
new(size) Creates two arrays. One for X (int ) and another for Y (float ).
size : The initial size of the arrays.
size(xA, yA) Checks the size of the arrays and if they're...
standard pivot points re-written with circle plots.
Only shows the current pivot points. P, R1/R2, S1/S2
I don't use R3, R4 etc. so I didnt include them but feel free to modify the code.
You can change the resolution in indicator settings, default is set to Monthly.
Also to change the size of the circles all at once, you can input a number 1-4 in the inputs section.
This script shows a sample of how to do confidence weighted scoring indicators and for loops with Pine. This indicator may or may not be found useful, it's intent is to provide a sample on how to create such an indicator and use certain Pine features.
- Defined points based on the confidence of RSI and Stochastic indicator
- Defined points based on...