Combination of exponential moving averages allow to spot the trend reversal and expansion, Bill Williams fractals and support resistance zones allow to trade without drawing anything. Just follow the trend.
Study your chart. Note which EMA act as support and bounce most of tests. Most often I use 21/34 EMA for new entries.
Most powerful trend indicator is MAWV....
This is for free version.
full version will come later with "invite only" soon.
(this free version may have some limited things.)
This show support line, and resistance line.
moderately! and beautiful way!
also proper trend line.
you cannot see source code, but it doesnt have any secret formula.
It use just pivot function.
( i just wanna...
This script shows breakouts and can be used to set alerts to your phone.
It can be set on any time frame for buy and sell conditions.
To set an alert choose a timeframe (15min,1hr,4h,etc) and click the strategy tester tab at bottom of window.
Click the alert icon next to the setting icon located next to script name.
Set alert message to:
This study include 3 types of stop-loss (ATR, High/Low and Pivot point)
This script aimed to help new traders to respect risk management.
Simply select which stop-loss you would like to use in the settings and the suggested stop-loss will be displayed on the chart for Long and Short positions.
Please let me know in the comment if you would like me to add more...
Introducing the Pivot Regression Oscillator. This oscillator uses a similar formula to the Stochastic Oscillator. However, instead of comparing the closing price to the lowest price of a period, it compares the distance between current price and the current pivot point. By basing our oscillator on pivot levels, we incorporate a much more relevant and...
3 Weeks Tight - Introduction
3 weeks tight is a bullish continuation pattern discovered by IBD's founder, William O'Neil.
The pattern can used as an opportunity to add to an existing position as it often occurs after a breakout above a cup with handle or other technical pattern.
The 3 weeks tight pattern forms when a stock closes within approximately 1% to 1.5%...
This script is for ES ( E Mini futur or MES) day trading only.
It is a simulation of marker behavior resulting in 2 kind of level:
Oversold and overbougth level:
* It is square shape: orange and red are 1st and 2nd level of Overbougth ( high probability to down of 16 points if you have a bearish divergence of momemtum above these levels)
* It is square...
This indicator plots pivot points with support and resistance lines based on average true range (ATR). ATR is one of the best volatility and trading range predictors, so it can be very useful for finding confluence in any strategy.
Confluence of Indicators and Signals (CoInS) v2 skv
This time best of pivots and oscillators came to confluence to guide traders for better decision making to trade. Remember practice makes profit.
This script created for educational purpose for learners want to observe/study the indicators and its signals. Indicators HMA, SMA, Super Trend, MACD, BB,...
A simple script that I made that draws lines between the high and low pivots. The color of the line define if the pivot is higher or lower than the previous pivot. The main thing to tune is the pivot look back vs look ahead, which are the same params used by the tradingview pivot indicator. There are several other params you can tweaks to get the look you want.
Pivot points are price levels that are calculated based on previous high, low, and close values. Pivot point levels include the pivot, 4 resistance levels (R1, R2, R3, R4), and 4 support levels (S1, S2, S3, S4). Pivot points are used as support and resistance levels.
This indicator includes the following pivot points:
6M (6 month)
Weekly HA (Heikin...
The Pivot Reversal Study uses pivot points to create a support and resistance level; based on this levels the script creates virtual stop-market orders to catch the trend if the price is crossing the pivot lines.
A "Pyramiding" input allows to configure up to 3 entries; the script enters an additional position if the price falls by a configurable percentage amount...
The Average Directional movement indeX (ADX) is an indicator that helps you determine the trend direction, pivot points, and much more else! But it looks not so easy as other famous indicators. It seems strange or even terrible, but don't be afraid. Let's understand how it works and get its power into your analysis tactics.
In the beginning, imagine a drunk man...
This is a very good strategy for Swing Trading, I have been using this strategy for very long time and made good amount of profit using this. This works great for both long trades and short trades, Stop loss and Take profit target is must while entering the trade, this make sure that the trade ends up in good profit and in case if the market revers, ends in only...
First all of thanks to LonesomeTheBlue for making me grasp arrays, a wonderful addition to Pine Script.
This indicator uses arrays to find Pivot Points and mark them as Support / Resistance.
It displays an info panel with the latest values.
This code was written using the following standards:
• PineCoders Coding Conventions for Pine:...