X-LinesИндикатор X-lines давно известен для пользователей торговой платформы Metatrader 4 & 5. Он показывает интересные рынку цены (уровни поддержки и сопротивления). Индикатор работает без опоздания и как только бар будет закрыт по интересующей рынок цене, тут же над ним появится символ "X" и начнется прорисовка уровня до следующего важного значения . Уровни (цены) которые указывает индикатор являются истинно важными для рыночного процесса (по ним отрабатывается или отрабатывался в прошлом крупный объем сделок). Соответственно подобные цены в будущем могут быть целью торгового процесса и могут выступать, как поддержкой так и сопротивлением.
Настройка индикатора предельно проста, имеется возможность менять значение только одного параметра: Levels Power (сила уровней), по умолчанию значение равно 9-ти. Чем выше значение тем более слабые уровни показывает индикатор (соответственно уровней становится больше). В случае низких цифр индикатор показывает сильные и более важные цены (соответственно уровней становится меньше). Работу индикатора обеспечивает авторский алгоритм. Индикатор не строит уровни по вершинам цен или по краевым барам он автоматически и своевременно определяет отработку объема по цене закрытия бара тем самым обеспечивая практически 100% точность уровня.
Важно отметить, что в силу особенностей облачного языка PINE индикатор кое что потерял, а кое что приобрел. Для более удобной разметки уровней, просто расставите горизонтальные ценовые уровни соответственно показаниям индикатора.
English
The X-lines indicator has been long time known by users of the Metatrader 4 & 5 trading platform. It shows interesting market prices (support and resistance levels). The indicator works without delay and as soon as the bar is closed at the interesting price, immediately after that the symbol "X" will appear above bar and the level will be drawn to the next important value . The levels (prices) that the indicator showing are truly important for the market process (according to them, a large volume of transactions is processed or was working out in the past). Accordingly, such prices in the future can be the goal of the trading process and can act as support and resistance.
The adjustment of the indicator is extremely simple, it is possible to change the value of only one parameter: Levels Power, which default value is 9. The higher the value, the weaker the levels, the indicator (correspondingly, the levels becomes larger). In the case of low figures, the indicator shows stronger and more important prices (correspondingly, the levels are getting smaller). The work of the indicator is provided by the author's algorithm. The indicator does not build levels at the tops of prices or on edge bars, it automatically and in a timely manner determines the amount of work to be done at the closing price of the bar, thereby providing a nearly 100% level accuracy.
It is important to note that, due to the peculiarities of the cloud-based PINE language, the indicator has lost something, and has acquired something. For a more convenient level markup, simply place the horizontal price levels according to the indicator readings.
Levels
B3 AutoEdgeBreak FibonacciHere is the lazy person's Fibonacci retracement drawing machine. Keep the bars in range pretty big, but you can play around and see what it does. If too small, it gets in your way, and If oversized, your retracements will not properly work upward and downward according to action. So, if you notice that it's always retracing the same direction, then lower the first input.
Now on top of the coding being tricky because of massive history in T-view, trading the Fibs is not an easy task either. Experienced Fib traders will probably love my script, and those that are not good at Fibs will love the historical look of it, but feel helpless in real-time. It took me years to learn a reaction pattern to the Fib lines, and the one key piece of my memory: if a price-line test comes and fails in relation to your trade, get out!!! <- Not real advice, just experience talking.
I expect to be upgrading this particular script in the future. Enjoy!
Hawkeye Levels ATR downExit at the right time with Levels ATR!
Levels ATR is a powerful series of user pre-defined levels, which act as both potential exit positions and stop loss management.
The Levels ATR indicator helps traders identify clear exit strategies.
Inexperienced traders can:
spend too long focusing on where to enter the position
spend no time on where to exit or take profits
allow the market to dictate the exit following a particular chart pattern or set up
be panicked into exiting
Few traders concentrate on their exit strategies, yet this is where the big profits are made!
Hawkeye Levels ATR upExit at the right time with Levels ATR!
Levels ATR is a powerful series of user pre-defined levels, which act as both potential exit positions and stop loss management.
The Levels ATR indicator helps traders identify clear exit strategies.
Inexperienced traders can:
spend too long focusing on where to enter the position
spend no time on where to exit or take profits
allow the market to dictate the exit following a particular chart pattern or set up
be panicked into exiting
Few traders concentrate on their exit strategies, yet this is where the big profits are made!
Hawkeye Levels ATRExit at the right time with Levels ATR!
Levels ATR is a powerful series of user pre-defined levels, which act as both potential exit positions and stop loss management.
The Levels ATR indicator helps traders identify clear exit strategies.
Inexperienced traders can:
spend too long focusing on where to enter the position
spend no time on where to exit or take profits
allow the market to dictate the exit following a particular chart pattern or set up
be panicked into exiting
Few traders concentrate on their exit strategies, yet this is where the big profits are made!
BANK LEVELSHello Traders,
This is another Indicator following to my Reversal Zones indicator !
This script will display the Buying and Selling levels that the Banks are Interested in.
On current day chart, it displays four Price lines ( Monthly Demand & Supply and Weekly Demand & Supply levels)
Previous levels are displayed as dots and those can be referred for analysis by drawing horizontal lines on top of it.
Displayed on all Time frames.
Colours of lines can be customised.
*** PLEASE CHECK OUT THE BELOW SCREEN SHOT TO MAKE BEST USE OF IT ***
Happy trading,
Cheers,
SANJAY RAMANATHAN
Auto DayWeekMonth Fib Levels R2 by JustUncleLThis indicator automatically draws up to Three Sets of Fibonacci Pivot levels based on the previous Candle period's Range (High-Low). The HLC3 is used as the default Pivotal level. Only the most Recent period Candle Levels are displayed. The longer Weekly and Monthly sets are particularly useful in finding long term Supply and Demand levels.
The three sets of selectable periods are spit into the following sets:
Daily Set (1,2,3,4,5,7,10 or 14 Days)
Weekly Set (1,2,3,4,5,10, or 13 Weeks)
Monthly Set (1,2,3,4,5,6,9 or 12 months)
Each set has the option to display Extension levels.
The Pivotal Level HLC3 and Range = (High - Low), are extracted from previous Period Candle.
FIB LEVELS Colours (same in each period set):
Yellow = Pivot and Pivot Zone (HLC3 by default)
Fuchsia = R1,S1 Levels 0.368 * Range
Lime = R2,S2 Levels 0.618 * Range
Red = R3,S3 Levels 0.786 * Range
Aqua = R4,S4 Levels 1.000 * Range
Green = R5,S5 Levels 1.236 * Range
Orange = R6,S6 Levels 1.382 * Range
Black = R7,S7 Levels 1.618 * Range
Maroon = R8,S8 Levels 2.000 * Range
B3 Level_BreakUsable on any style chart, B3_Level_Break is simply a breakout play off the highest high or lowest low of a period. What makes this script slightly different is that it looks forward and backward for the pivotal point. This line is then carried forward with time decay; they will either erase with time, or erase when crossed by price. So many traders young and old like to draw price level lines, and this indicator certainly helps the lazy person do this.
Hedge Fund firms and trading groups around the market use indicators like this one to bring awareness to the last time price failed to reach further. When these levels are approached again, the cloud-fill will highlight the break outs, but a firm trader isn't always trading the breakout. What a good trader will do is look at the Level 3 data and the Time & Sales to determine if the story of supply and demand is pointing to a breakout, or a reversal (like a double-top or double-bottom).
I have automated this strategy to some varying degrees of success, avoiding the range reversal trades. Like any trend finding indicator, a rangy day will be tough to find a good signal from it. However, if you find range with no breakouts in this indicator, an oscillator of your choosing would be appropriate to trade the reversals within the ranges.
On a NQ1! 5m chart I have been using a length of anywhere from 7 to 16, (higher length gets you out of noise). The higher in interval you go, the less length you likely need. I have been looking at Stochastic turns at OVB OVS in combination with stocks breaking out on this indicator length set to 3 with interval Day or 4-6hr charts. Its a good catch for fading an earnings dip or bump after the call, or simply a confirming entry on the old school stochastic swing trade.
It has been some time since I have made a post. I will continue to post anything I find useful. It's best in the market to find things that work and stick with them, so it should make sense that I don't post as often. Enjoy !! :)
Fractals and Levels by JustUncleLEven though there are a many other Fractal and Level indicators, this indicator has some unique features. The indicator will display Fractals, fractal levels and HH/LL points, they will only be drawn after they have completed. Also the indicator has options to :
Show Ideal Fractals Only.
Use Renko Style Fractals, where open/close values are used instead of high/low to find Fractals. This is used to show the correct Fractals when Renko Wicks are enabled.
Has an optional Filter to only display Fractals that are above/below a MA Ribbon.
References:
This code is based on Fractal Levels V8 by RicardoSantos
This is a Renko Chart with "Renko Style Fractals" enabled, notice that the wicks are ignored and only the true Bricks are used for Fractals:
Last High and Low Level (Daily, Weekly or Monthly) This script shows a high and low period value.
Width - width of lines
SelectPeriod - Day or Week or Month and etc.
LookBackPeriods - Shift levels 0 - current period, 1 - previous and etc.
Daily Historical Volatility StdDev LevelsDescription:
This indicator plots Daily Standard deviation levels on price chart based on Historical Volatility (HV). It uses the most common approach for calculating historical volatility as standard deviation of logarithmic returns, based on daily closing/settlement prices.
Assets: Currency Pairs, Commodities, also works on stocks, some indices.
Time Frames: 5min to 60min. This will also work on Daily Chart, by setting "DaystoExpire" to 21
Options:
Use Daily Data to Calculate StdDev HV (default), otherwise use the charts Time Frame
Lookback = number of days/periods to calculate stddev of HV (21 by default)
Annual = number of trading days in a calender year (252 by default)
Days to Expiry = number of days for the life of this option ( for auto calculation
this is 1 for intraday, 21 for daily and annual when chart TF used)
Settlement Source = close price by default, can use another source.
Settlement Volume Weighted Average Length = by setting this to >1 then an average
is used for settlement.
Display ### Standard Deviation Levels = select what levels are to be displayed.
References:
How To Use Standard Deviation In Your Trading Day: www.youtube.com
Deviation Levels Indicator: www.youtube.com
www.macroption.com
Historical Volatility based Standard Deviation_V2 by ucsgears
Historical Volatility Strategy by Hpotter
High and Low Levels This script shows a high and low period value.
Width - width of lines
SelectPeriod - Day or Week or Month and etc.
LookBack - Shift levels 0 - current period, 1 - previous and etc.
Daily Deviations (Self Input Version)
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)
Pivot Hilo Support n Resistance Levels R3-3 by JustUncleLThis is an update to the "Pivot HiLo Support n Resistance Levels" indicator, important updates are no re-painting; and different lengths available for each side of Pivot.
Description:
The Pivot Points are marked with "star" and with Optional Support and Resistance extension Levels shown.
Options:
Show Pivot Points (default true)
Pivot Length Left Side (default 7), the number of bars left hand side of the Pivot candle.
Pivot Length Right Side (default 3), the number of bars right hand side of the Pivot candle.
Show S/R Extension Levels (default true)
Maximum S/R Extension Length (default 0, no limit)
Show Pivot Labels (instead of "star") " " and " "
Revisions this release:
Added code to force Pivot to be always complete before drawing.
Added option for different length test for each side of Pivot.
AutoFibLevels - FixedPersonally I don't like the trouble of drawing fibonacci retracement and extension tolls time and time again, not only human eyes and hands are not as accurate as a computer, but also, you would sit and think : "Hey, which one of these candles is the start of the wave" time and time again.
That is one of the issues, some times you may want to drop more than one fibo on the chart to see where they over lap and that, makes your chart hell to look into.
This script will draw fibonacci levels for you based on the time frame you are in, for each time frame the number of bars that it will look into differs and if you need to, you can adjust them per time frame separately.
And as always for indicators, you have total control on which lines to draw and clouds, and their color and transparency.
The reason this title has Fix, is that I totally forgot to change some titles in the script so in the style you would see some errors in titles and also, the 1.618 line had a wrong title, sorry and thanks
AutoFibLevelsPersonally I don't like the trouble of drawing fibonacci retracement and extension tolls time and time again, not only human eyes and hands are not as accurate as a computer, but also, you would sit and think : "Hey, which one of these candles is the start of the wave" time and time again.
That is one of the issues, some times you may want to drop more than one fibo on the chart to see where they over lap and that, makes your chart hell to look into.
This script will draw fibonacci levels for you based on the time frame you are in, for each time frame the number of bars that it will look into differs and if you need to, you can adjust them per time frame separately.
And as always for indicators, you have total control on which lines to draw and clouds, and their color and transparency.
Alan Kelland's BoxThose of you not familiar with Alan Kelland's trading method called the "Alan Square" or "DaBox" may find this indicator interesting. Here is a brief excerpt from the documentation:
Alan Kelland's Box Trading Method
A draw tool growing in popularity is the Alan Square, named after its inventor Alan Kelland. Alan's method is first and foremost price action. The square serves as a structure to create
Opportunities
Targets and
Protection
HiLo Daily Fibonacci R1 by JustUncleLThis is another indicator in my Pivot level series. This one automatically draw Fibonacci levels based on the previous day's lowest (0%) and highest (100%) values, similar to a Fibonacci retracement.
Manual TimeFrames can be given, it is just a text string though and is not checked, so needs to be a valid resolution eg: 60, 120, 240, 360, 480, 720, 1D, 1W, 1M, 2D, 2W, 3M
LEVELS:
Green = 100% - 200% Levels
Blue = 0 - 100% Levels
Red = -100% - 0 Levels
Optionally can display historical Daily Fibonacci Levels.
Auto Daily Fib Levels R2 by JustUncleLThis study is a variation of my "Automatic Daily Fibonnacci" indicator. This variation automatically draw Fibonacci Pivot levels (or optionally Classic Pivots) based on the previous day's highest and lowest points. The HLC3 is used as the default Daily Pivot level.
Unlike the "Automatic Daily Fibonnacci", this indicator does not redraw/update levels on current day even if the price goes past the R3/S3 levels.
Timeframe: is just a text string and is not checked, so needs to be a valid resolution eg: 60, 120, 240, 360, 480, 720, 1D, 1W, 1M, 2D, 2W, 3M
Pivot LEVELS:
Green = Pivot and Pivot Zone
Blue = R1,S1 Levels and Zone
Red = R2,S2 Levels and Zone
Black = R3,S3 Levels
Cueing Off Support And Resistance Levels, by Thom Hartle v 2.0Cueing Off Support And Resistance Levels, by Thom Hartle
The related article is copyrighted material from Stocks & Commodities.
You can change Time Frame in the settings: Monthly, Weekly, Daily
Cueing Off Support And Resistance Levels Cueing Off Support And Resistance Levels, by Thom Hartle
modified by HPotter for trade signals.
The related article is copyrighted material from Stocks & Commodities.
