Just as "a butterfly can flap its wings over a flower in China and cause a hurricane in the Caribbean" (Edward Lorenz), small divergences in markets can signal big trading opportunities. █Introduction This is a script forked from LonesomeTheBlue's Divergence for Many Indicators v4. It is a script that checks for divergence between price and many indicators. In...
As soon as you call this indicator, it asks you to define the range. Select the bottom and the top of the range. Next, set your alarm. There are 3 alarm options: 1: Bottom of the range breakout 2: Top of the range breakout 3: Bottom or top of the range breakout As soon as you close a candle outside the selected range, only then will the alarm be triggered.
Fibonacci Trading This simple script draw Fibonacci Retracement to define pullback level and draw Fibonacci Extension to define target level of a upward wave or doward wave 1. Upward wave 1.1 Fibonacci Retracement + Fibonacci Retracement measuare from support to nearest resistance on the right. + Retracement Level 0 named as "Breake Even" + Retracement Level 100...
This is a CPR which indicates pivot points based on monthly price action. The Orange line acts as a resistance area, blue lines act as pivot point/CPR and green one is support. One can study retrospective chart to analyse how market has respected these Support and Resistance levels. A guide on how to trade using this indicator? 1. If you see the resistance is...
The Psychological Support/Resistance indicator aims to provide the user with hypothetical support and resistance zones that are likely to provoke a strong reaction in price, either in both directions, providing good bouncing zones or significant movements once those levels are breached. 🔶 CALCULATION The script takes into consideration the total number of...
This indicator plots the opening range for each of the market sessions. Users can chose the length of the opening range, as well as change the time for each of the sessions. This script is based on opening range breakout strategies, which entail taking a long/short depending on which way the price breaks out. To trade it, we wait for the session opening range to...
I am proud to announce that the formerly secret "Key Earnings Levels" graphing tool will be freely available to TradingView users whereas before it was only available by monthly or annual subscription since its invention here at TradingView many years ago by Tim West. TradingView code writers wrote the original code for using this powerful tool and then Johannes...
The Pivot Points indicator by MisterMoTA allow users to get pivots points calculated from last candle high, low and close on any timeframe from 1 minute to weekly. This will help users that are trading ins small timeframes to see the pivots that are near their timeframes and not only daily timeframe. Here is an example on the chart from nex image the timeframe...
This indicator is designed to detect and plot Double Tops and Double Bottoms, by setting the initial high or low using standard pivot points. Double Tops A Double Top is a bearish reversal pattern, typically found when an uptrend returns back to a prior peak. It signifies a potential turning point or resistance level and could potentially reverse in...
The Pivot High Low indicator is a technical analysis tool used in financial markets. It identifies significant price levels where an asset's trend may reverse. A Pivot High occurs when an asset's price reaches a peak and then declines. Conversely, a Pivot Low is when the price hits a trough before rising. Traders use these points to make decisions about buying or...
Have plotted Previous day High, previous day low, previous day close and previous day open. Moreover Previous month High and low are plotted. Background changes are made as per this concept: when the current day's price is above PDL and below PDH, a green background when the current price is above both PDL and PDH, and a red background when the current day's price...
Just the usual cam pivot points updated to have a few more levels. Added R5/S5 and S5/S6
This script identifies price pivots, volume spikes (more than twice of 20 SMA vol) & gaps (both up & down)
This is a very simple indicator to draw multiple price levels or any kind of horizontal levels on your chart. The input format is by default: 4550.00, 4575.25, 4580.25 The seperator can be changed in the settings. Greetings to the MC family.
The indicator displays the following: Vertical line day separator from 00:00 to 00:00 EST High/Low lines for the days true range from 00:00 to EOD Opening line from 00:00 EST to EOD Opening line from 08:30 EST to EOD Weekly Opening line from Sunday open at 18:00 EST to last bar in the week Monday range high/low/mid line, which can be extended to EOW Text...
Using Auto Fibonacci Levels indicator users can find automatically Fibonacci Extension points where price can go after a period of consolidation (sideways or can find points for support/resistance on retracement levels that can be displayed for any defined range. The script is different from others by letting users to define a consolidation range, user can...
█ OVERVIEW The "Daily Pivots with Fakeout Protection" indicator is a powerful tool designed to help traders identify potential price breakouts and pivot levels on daily charts. This indicator calculates and displays daily pivot points along with breakout lines that are adjusted to provide a certain level of protection against fakeouts, which are false price...
Psychological levels are market price levels which are often key levels in forex denoted by round numbers. These round numbers frequently act as levels of support and/or resistance. Psychological support and resistance consistently work because of fundamental human disposition. Human beings value simplicity; from a trading perspective this means valuing whole...