Support & Resistance drawn based on overbought & oversold RSI . where the overbought acts as resistance and oversold acts as support.
It has 2 levels (for support and resistance - i call them level_n_high or level_n_low) for each lookback period. it checks the highest pivot and the lowest pivot based on the lookback period then we compare if rsi is higher than...
Plots support/resistance lines based on a neutral signal (white portion) of the Rail Line (variable moving average) for a period of time designated by the user (defaults to 9 bars). Support/Resistance lines will be removed after a period of tests and can be determined by the user (defaults to 26). Support/Resistance is deemed not as important or strong after...
Here it is, the Gann Square of 9. An easy-to-use tool to determine possible support and resistance levels. Input a starting value to be the starting point of the square. Then the increasing value will be used to get the value of each cell on the table.
It's possible to show the diagonals and a spot number to see what cell value the current price is close to. The...
Relative Price Volume is an indicator which shows anomalies between price and volume on a chart over a given period. The goal is to identify potential reversal and/consolidation areas for price as it relates to volume. It is a simple variation of a Volume at Price indicators. It can also be used to mark potential support and resistance lines on the chart as...
Description:
This dynamic linear regression oscillator visualizes the general price trend of specific ranges in the chart based on the linear regression calculation, it automatically determines these ranges with pivot detection. The central line of the indicator is the baseline of the linear regression itself. This is a good tool to use to determine when a price...
This script is a modification from the awesome "Support Resistance - Dynamic v2" by @LonesomeTheBlue
This script is very similar to the original indicator mentioned above, but with a modification that, in my opinion, would be very useful for many traders. It enables the option to choose different timeframe to calculate the S/R levels. Very often, traders would...
About
Automatic level of support and resistance ( SnR ) in the chart. It helps users to decide where is the level of SnR and also optimize the level by changing the input base on their needs
Input:
Pivot - The number of bars left and right side of the pivot to choose how detailed the SnR level
Type - To draw the line on the candle wick endpoints or...
█ Support & Resistance Trendlines with Pivot Points + Fibonacci Channel
This script automatically draw support and resistance trend lines based on pivot points and add a fibonacci channel.
It will show potential patterns with the help of support and resistance lines as well as breakout target and pullback entry with the fibonacci extension and retracement...
Hello Traders,
I would like to introduce you pivot semaphore mtf support&resistance levels. The idea is the same as my other S/R scripts to have a look at the important levels. The Semaphore is used to spot future multi-level Supports and Resistance zones. It is also useful to spot HL or LL or HH or LH zones. The script is based on amazing work of @LucF so...
These bands consist of 4 ARLs (See: Adaptive Rebound Line ('ARL'/AR Line)) that help accurately spot price rebounds.
It is excellent for 15 minute scalping and price-action trading.
See notes in the picture above for more details.
Note: "Top Deviation" is the deviation of the top 'ARL', "High Deviation" is for the high 'ARL', etc.
Discretionary traders often use support and resistance zones that are based on past price action of the instrument traded.
This simple script is used to plot support and resistance zones for a given instrument. The data for the zones themselves has to be determined by the past price action of the instrument and are not based on the provided data by...
OANDA:EURUSD
Hello! I created an indicator called ADRL (Average Daily Range Lines). This is my first original work, and I hope it's helpful to you guys.
1. Let me explain a bit of how it works...
So first of I need the ADR value, as by default length I use 19 for it. I want this indicator to calculate every start of the new day and break if another new day...
Psychological levels (Bank levels) plots "round" price levels above and below current price, by truncating after the nth leftmost digits, based on neuroscience research of how humans intuitively calculate in logarithms.
Psychological levels, also called bank levels, are "round" price numbers around which price often experience resistance or support, because...
Simple Level provides a (you guessed it) simple user to user level sharing experience, with less boxes, less formatting, and less hassle.
Simply insert your levels into the input box, separated by commas. That's it.
Example: 1,2,3,4,5
The Simple Levels indicator will automatically color your lines based on their position to the current close price.
If the level is...
Price Pivots for NASDQ 100 Stocks
What is this Indicator?
• This indicator calculates the price range a Stock can move in a Day.
Advantages of this Indicator
• This is a Leading indicator, not Dynamic or Repaint.
• Helps to identify the tight range of price movement.
• Can easily identify the Options strike price.
• Develops a discipline in placing...
This indicator will automatically plot support and resistance levels and will also allow you to overlay multi time frame support and resistance on any time frame that you are currently conducting analysis on. In addition you can also set alerts when a support and resistance level is tested, fine tune how many levels you would like to view on your charts, option to...
Price Pivots for NSE Index & F&O Stocks
What is this Indicator?
• This indicator calculates the price range a Stock or Index can move in a Day, Week or Month.
Advantages of this Indicator
• This is a Leading indicator, not Dynamic or Repaint.
• Helps to identify the tight range of price movement.
• Can easily identify the Options strike price.
• The levels...
Support and Resistance Multiperiod (Zig Zag Based)
What is the indicator?
• The indicator is a multi period (up to 5 lengths) Support and Resistance indicator calculated based on Zig Zag.
Who can use?
Scalpers to Long term investors
What timeframe to use?
• Any timeframe
What are the lines?
• Green lines are Support levels.
• Orange lines are...
![BTCUSDT: Rail Line Levels [s3]](https://s3.tradingview.com/b/BSLY9wx4_mid.png "Rail Line Levels [s3]")
![XAUUSD: Multi Timeframe Support and Resistance [ABA Invest]](https://s3.tradingview.com/k/kO82pg19_mid.png "Multi Timeframe Support and Resistance [ABA Invest]")
![BTCEUR: Pivot mtf semaphore support&resistance [LM]](https://s3.tradingview.com/o/OZDSeSQd_mid.png "Pivot mtf semaphore support&resistance [LM]")
