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 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.
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.
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...
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:...
This is pivot points high low with pivot trend to define the trend direction.
Pivot trend is the pivot points average.
- Pivot Point Period
- Show/hide Pivot Points Labels
- Show/hide Bull/Bear Labels ( depends on pivot trend)
- Show/hide Pivot Center Line (Bull>Center, Bear<Center)
- Show/hide Support/Resistance Level...
Borjas Tarh Horizontals
Automatically Plot Horizontals Support and Resistance.
In the Setting, you should optimize the values according to each time frame of the ticker.
Pivot Length : Number of bars to use to calculate pivot
Max Breaks : Maximum number of times a line can be broken before it's invalidated
Max Distance % : Maximum distance PA can move...
Pivot Range - Fisher's Methodology(1D & 3D & W & M)
Created by TWA_TradeWithAmir(TWA_PriceActionTips)
Based On Mark B. Fisher's ACD Methodology
* 1D Pivot Range, 3D Pivot Range, Weekly Pivot Range & Monthly Pivot Range
Shows central pivot point and developing central pivot point and colors both pivot ranges based on pivot criteria without using security function calls.
Green - Indicates up trend
Red - Indicates down trend
Orange - Indicates pivot point territory
This script aims to take into account mutable variable Pivot Points' periods.
While doing this, it takes the period between 2 signals that I use in the script:
And these periods in my Pivot HL function integrated into len length (Mutable variables) :...
-This indicator doesn't tell you the market condition (BUY or SELL)
- Totally dependent on your knowledge
- Projects the Key Levels of a single time frame on the chart
- Watch out for rejections at these levels
- Identify breakouts at these levels with strong confirmation like RETEST (as Level Role Reversal)
The Central Pivot Range (CPR) is one of the most versatile price-based indicators available to traders. This versatility makes this indicator a mainstay in my trading arsenal.
Some authors have called the pivot range the “meat of the market”, while others refer to the central pivot point as the “heartbeat of the indicator”. In my opinion, the central pivot...
This entry indicator was inspired by John Ehle'rs "Fractal Adaptive Moving Average"
It's a very sensitive entry indicator that must be paired with a long-term trend detector in order to filter false positives.
Warning I have not backtested this indicator and will not make any claims to its performance.
Visually, it looks promising, however, backtesting and...