The Keltner Channel, a classic indicator of technical analysis developed by Chester Keltner in 1960. The indicator is a bit like Bollinger Bands and Envelopes. This variation uses the Hull Moving Average as the centre line for the channel.
After reviewing all feedback and questions I got from the users of my previously published script (Kitsune Indicator Collection), I decided to publish a new one which is easier to interpret and use. Therefore the script is as clean as possible thereby minimizing visual clutter (or at least I tried ). This script is an evolution of my precious script and is still...
This script is really handy for day trading. This works best on low time frames like the 1 minute or the 5 minute . To understand what pivot points are you can add other pivot point indicators or just look at the color differences below since every-time that changes it's a new pivot point (which represents a known low or known high with high certainty) The...
Simple indicator showing the support and resistance on Daily, Weekly and Monthly time frames no matter what time frame you're currently on by highlighting the highest and lowest points on each over the last 34 bars. Daily support and resistance are coloured green. support and resistance are coloured yellow. Monthly support and resistance are coloured red. For...
Staircase indicating a long term Bulltrend or a Beartrend It is optimised for Bitcoin but can be used in any market. Green = Bulltrend Red = Beartrend A crossover with price indicates a switch from bull to bear or vice versa. But one should also keep in mind previous support and resistance to reduce fakeouts. Most of the time however this is very accurate and it...
Simple script that automatically plots support and resistance lines based on the pivot points of the number of candles you choose to look back upon. All options are editable.
Just set lines at the price levels you need them and set labels.
Bitfinex open interest, or bitcoin open interest chart, shows the amount of open positions currently on Bitfinex BTC / USD trading pairs. Usually when open interest reaches unusually high numbers we'll see an increased volatility in Bitcoin's price. The open interest chart could also be useful for determining the tops and bottoms for Bitcoin.
Projected support and resistance levels based on Fibonacci percentages of price ranges.
This indicator shows the quarters (25/75), halves (50) and roundies (00) between an upper and lower limit. It is often used for futures ( CME_MINI:NQ1! or CME_MINI:ES1! ). You can switch on/off the quarters (25/75) and choose a color for the lines. Feel free to comment below if you like it, what you need to be improved or changed or whatever variations you wish!
The Initial Balance is the range high and low printed on the first hour of the session. It's meant for intraday trading and can be used as support/resistance.
The "Zero Line" is the calculated logarithmic regression of Bitcoin over the last decade. The rainbow above the Zero Line are the Fibonacci multiples from 0 --> 1 of the log regression (0.236, 0.382, etc.) The rainbow below the Zero Line is identical, except that the multiples are negative (-0.236, -0.382, etc.) For the first time ever, Bitcoin broke through the...
Hello Traders, I think you all know Donchian Channels. so I am not going to write about it. With this indicator I tried to create Donchian Trend Ribbon by using Donchian Channels. How it works ? - it calculates main trend direction by using the length that is user-defined. so you can change it as you wish - then it calculates trend direction for each 9 lower...
Simple script that plots the range between the previous day close and the current day open. This makes it easier to reference the gap up or gap down zone throughout the day.
This script uses the highs and lows of the candles (instead of the close) to make a "channel" to reference while scalping. Use the green lower line as a guide to go long and the red upper line as a guide to go short. You may use the lines as potential entry points and direction but you may want to consider exiting before the opposite colored line prints, as that...
A series of Fibonacci sequences using a variety of triggers to base highs and lows off. High and low look back length can be altered, fibs and fib extensions can be shown or hidden and the background can be filled or transparent.
► How To Use This Indicator ? • New Intraday Trading Levels Will Be Generated At 09:30 AM (UTC +05:30) • Buy If 5 Minutes Candle Close Above '' BreakOut Buy Here '' Level. • Sell If 5 Minutes Candle Close Below '' BreakOut Sell Here '' Level. • Book Profits At Breakout Buy or BreakOut Sell Targets. • If 1st Call Target Hit , Then Do Not Trade More On That Day. •...