The Average Daily Range is a simple concept, calculated as the difference between daily highs and lows averaged over some period. This indicator uses that range in conjunction with Fibonacci ratios to create zones centered on the day's open that tends to act as areas of support and resistance. The thicker White lines are the ADR levels; all other lines are the...
This script looks for a period with increased volatility, as measured by ATR (Average True Range), then it looks for a high or a low in that area. When price is above EMA (200 is default, can be changed), it looks for the highs and adds multiples of ATR to the high. Default values for multipliers are 3,9 and 27, meaning that the script will show 3xATR level above...
Hello traders, I would like to introduce you Quaterly & Monthly & Weekly & Daily Support&Resistance study. The idea behind it is to look for natural S/R levels based on high/low of higher time and looking for ranges. Script has 4 different high&lows levels that you can configure at your will what is shon and how. You can combine various timeframe ranges to look...
The Average Daily Range is a simple concept, calculated as the difference between daily highs and lows averaged over some period. This range is is overlaid and centered on the day's open, and tends to act as areas of support and resistance . This indicator provides two aggregation periods, creating a range that represents volatility in the ADR; a wider spread...
Kapua Whenua means Earth's Clouds in Maori language, this indicator was created to show impulses and trends of the asset's price movement both up and down. The Indicator was made based on key numbers of the golden ratio: Conversion Line: Kw 17 (Purple Color) Kw 34 - Short Period Fractal (Light Blue Color) Kw 72 - Short/Medium Period Fractal (Orange) Kw 144 -...
HI Traders, I would like to introduce you Market inbalance zone boxes, the idea is to look for big volatile candle and candle before and after. Big candle is result of big money orders and it creates zone where either bulls or bears where dominant. So it's a good place to look for support or resistance The zone created if it meets volatility (atr) condition and...
The script marks the bullish and bearish sweeps. You can change the number of lines drawn by modifying the value of max_lines_count in the first line of the code. Limiting feature will be available from menu in the next update.
Simple but very effective script that finds areas of support and resistance through ticks exchange. Only works with CFDs (You must enter in the settings the value corresponding to the CFD, example: US500 = 500, DAX30 = 30, FRANCE40 = 40 etc ...) As usual, if you have any suggestions or bug reports don't hesitate. Cheers
This bypass indicator triggers plots 1 when the price is above the QFL base. This can be used as a "bypass" by a consumer indicator that can skip trades when the bypass is triggering. You can use it for long and short strategies, to prevent using buy or sell signals in areas were the price is either overextended. QFL works better in 1, 2 or 4 hours timeframes.
Returns pivot points high/low alongside the percentage change between one pivot and the previous one (Δ%) and the distance between the same type of pivots in bars (Δt). The trailing mean for each of these metrics is returned on a dashboard on the chart. The indicator also returns an estimate of the future time position of the pivot points. This indicator by its...
Multi Range VWAP Pivots turned out to be one of my most accurate pivot indicators to date! Multi Range VWAP Pivots works by recognizing the high and low of the timeframe selected (D, W, M, 6M, and 12M) and plotting range high to VWAP averages and range low to VWAP averages. After further examination of each completed range, I came to the conclusion that due to...
Limited quarter level script but more flexible in compared to my FX script, same logic behind
This simple script base on Bollinger Bands to defined Support and Resistance and marked Bar False broken SR by Reversal Arrow. Detail of rule as below: ================================================ 1.Defined Support and Resistance 1.1.Support + Key...
This script could help to see edged level for a reverse on forex, not for yen pairs and is based on quarter and round number theory. I suggest to use it on H4 timeframe or lower to have a confermation on support or resistance level.
Hi Friends & TradingView community. Greetings to you. Some traders like to use Central Pivot Range (CPR) in their chart for assessing price movement. It is usually used in combination with Pivot Levels. Calculating CPR is a simple matter. There a few CPR scripts in the Public Library, but have the code hidden. I thought there may many users who may want to know...
This is a variation on my other Breakout Trend Follower script. In the other script, you can use a moving average to act as a filter for your trades (i.e. if the price is below the moving average, it won't go long). After making the tool that detects trends on higher timeframes, I wanted to see if that might be a better filter than a moving average. So this...
Hello Traders, I would like to introduce you volatility semaphore support&resistance levels. The idea is the same as the pivot semaphore script of mine to spot the importance of support&resistence. It is little bit different than previous script as it uses different line API than previous volatility support& resistance multi timeframe . You have more control...
Hello All, This script calculates and shows Volume Profile for the fixed range . Recently we have box.new() feature in Pine Language and it's used in this script as an example. Thanks to Pine Team and Tradingview!.. Sell/Buy volumes are calculated approximately!. Options: "Number of Bars" : Number of the bars that volume profile will be...