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...
The swings indicator follows the smallest movements of price action. Can monitor and analyze the context of the market, trying to find bias of each timeframe. If there is a candlestick completely above the previous swinghigh. It shows a good bullish momentum. The market is favoring the upward direction. If the candlestick is still in the previous swinghigh range,...
EN - You can spot current trend and lots of patterns with FxCanli ZigZag indicator EASLY TR - FxCanli ZigZag indikatörü mevcut trendi ve birçok formasyonu KOLAYCA bulmanızda size yardımcı olacaktır. Harmonic Patterns / Harmonik Formasyonları Elliott Wave / Elliott Dalgaları AB=CD Pattern / AB=CD Formasyonu EN - By activating the lower timeframe from...
This indicator indicates that 'Momentum Discrepancy Reversal Point' = 'MDRP'. Mixing and modifying several general indicators to find support and resistance It is created to predict the change point of the trend by overlaying it on the chart. The 4 support and resistance lines are drawn live, and the changed support and resistance lines are It erases the line and...
This indicator indicates that 'Momentum Discrepancy Reversal Point' = 'MDRP'. Mixing and modifying several general indicators to find support and resistance It is created to predict the change point of the trend by overlaying it on the chart. The 4 support and resistance lines are drawn live, and the changed support and resistance lines are It erases the line and...
This indicator is created on top of existing Zigzag indicator . The projection channel starts at the end of the last ZigZag line. Disclaimer Success in trading is all about following your trading strategy and indicators should fit into your own strategy, and not be traded purely on. This script is for informational and educational purposes only. Use of the script...
A guy who automatically draws a horizon from the top of the zigzag *Gray horizon may be repainted The horizon of the characteristic price in the past reacts well, so it is used for contrarian ジグザクの頂点から、自動で水平線を引く奴です ※灰色の水平線はリペイントする可能性があります 過去の特徴的な価格の水平線はよく反応するので、逆張りするとかが用途です
V V V V V V V Please Read V V V V V V V I ask Peter and he is fine, that im published this script Tell me if you have some ideas or criticism about that sricpt >>>>>>>>>> This is a modified Version of Peter_O's Momentum Based ZigZag <<<<<<<<<<< This is only a test, and i want to share it with the community It works like other ZigZags Because Peters_O's...
█ OVERVIEW This indicator displays Cyclic Relative Strength Index based on Decoding the Hidden Market Rhythm, Part 1 written by Lars von Thienen. To determine true or false for Overbought / Oversold are unnecessary, therefore these should be either strong or weak. Noise for weak Overbought / Oversold can be filtered, especially for smaller timeframe. █ FEATURES ...
Hello All, I am here with a new idea and script, " Zigzag Waves ". This indicator creates 3 Zigzags with different lengths, keeps the lengths of each zigzag wave and calculates/draws average waves for each zigzag. optionally it can reset the wave when zigzag direction changes and new highest/lowest found. And optionally it draws Exponential Moving Average(EMA)...
█ INTRODUCTION What is an OrderBlock? It is simply Price where Banks (or Large Financial Entities) have Bought or Sold heavily (Support or Resistance Institutional Zone). Our job as a trader is to monitor what the Banks and/or Large Investors are doing then patiently wait and have the opportunity to surf in their direction. Large Financial Entities Buy during...
This indicatore automaticly detect pitch forks, fibonacci levels and zigzags
™TradeChartist Actuator is an extremely functional indicator that converts the price action volatility and momentum into a meaningful trading system (based on user defined Standard Deviation Factor), that consists of expanding/contracting Volatility Range Bands, Dynamic Trend Support/Resistance Bands and 2 types of Breakout Signals in a visually stunning design....
This is a combination of all my old indicators, with an added feature for trend lines (inspiration for this came from Wedge Maker script thanks to veryfid, I hope he doesn't mind). This script looks for a period with increased volatility , as measured by ATR ( Average True Range ), then it looks for a high or a low in that area. When price is above EMA (400 is...
this indicator looks like the default ZigZag indicator but it uses the price action instead of the deviation%
Hello All, This script creates Zigzag Chart by using Zigzag waves, so it's timeless chart meaning that no time dependency on X-axis. Optionally it can calculate & show Zigzag Supertrend or Simple Moving Average. Also it can change bar colors of the main chart by trend direction of Zigzag Supertrend. As seen below, each zigzag wave is a candle on Zigzag...
This table is intended to give you snapshot of how price and oscillators are moving along with zigzag pivots. This is done in the same lines of Zigzag-Trend-Divergence-Detector But, here are the differences Table shows multiple oscillator movements at a same time instead of one selected oscillator Divergence is not calculated and also supertrend based...
I spent a lot of time searching for the best ZigZag indicator. Difficulty with all of them is that they are always betting on some pre-defined rules which identify or confirm pivot points. Usually it is time factor - pivot point gets confirmed after a particular number of candles. This methodology is probably the best when market is moving relatively slow, but...