Pivot Reversal Study script, for generating Alerts and visual plotting of Pivot Reversal lines on the charts. Use a Strategy script (like Figs & Dates), for backtesting different settings on various time frames and charts.
These pivot points are used to create an expected range based on open and closing candle data. It's a mixture of two different types of pivots and together they form an expected range for various time frames. You can set them up from as little as 4 hours to 1 month. My personal favorites are 4 hour, 1 day, 1 week, and 1 month. The dashed lines create the pivot...
Added Fractals which establishes high and low based on Bill Williams definition. Added one type of Pinbar (where the open and close is near extreme of the range and with long shadow that is at least 80% of the range). It is a powerful reversal pattern especially on the daily charts. These bars are identified with the character P. Also included dots below...
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...
This script is based on the approach of filtering signals by checking higher timeframes. So basically setting higher numbers in "Strength Of Levels" option, will make the indicator check for support and/or resistance levels in timeframes higher than the current. Unfortunately, I was forced to still use inefficient built-in functions pivothigh() and pivotlow(). I...
Russian language SOT бар для VSA (Volume spread analysis) Индикатор обозначает бары указывающие на остановку цены и возможный разворот. Индикатор в первую очередь написан для таймфреймов от одного часа. На таймфреймах менее 1 часа сигнал будет приводить к неверным результатам, поскольку вечерние объемы существенно ниже дневных. условие 1: закрытие текущего...
All in one pivot points of combined D, W, M CPR, Camarilla & Value area. Inspired by Pivotboss book.
Automatically label pivots as HH/LH and HL/LL. The criteria for determining pivot points can be configured.
//========================================================= // Indicator Name: SW System - Traditional Pivots and MA cross alerts - Plus Psychological Sup/Res // Type: Main panel // Version: 2 // Description: MA cross alerts - Plus Psychological Sup/Res // Traditional Pivots in any time frame // Author: Sergio...
Show the monthly weekly and daily pivot points all at once , suitable for daytrading
A pivot point indicator that has possibility to see even the monthly or the weekly pivot points . Pivot points are very powerful if used in correct way. most of the time the price can be rejected from the pivot point or if the price break it it will be a nice entry if retest the pivot R2/S2 are a very strong pivots to break but of course you need a certain...
How to Use PIVOT Levels for Trading Always remember ->: *Trade with trend* About script: 1. Daily and Weekly close above Pivot Level. -- Sentiment is highly positive. Pivot Level acts as strong support. 2. Daily Close above Pivot and Weekly Close Below Pivot -- Sentiment is positive.Weekly Pivot Level may act as strong resistance. 3. Daily close below...
A pivot point indicator that has possibility to see even the monthly or the weekly pivot points. Pivot points are very powerful if used in correct way. most of the time the price can be rejected from the pivot point or if the price break it it will be a nice entry if retest the pivot R2/S2 are a very strong pivots to break but of course you need a certain distance...
This script is the perfect strategy for the all mighty shark-32 pattern. It shows the power tussle between demand and supply before either of them finally gives up.
This indicator shows classical resistance and support levels which retraced the chart lately. Notice that the condensed lines laying close together are showing an area of support and/or resistance. But after all, it was a tedious work creating this indicator because like I've already said, pine script is a very odd and weak language which does not have many...