Get started

Highertimeframe

Dynamic levels from higher TF: EMA, SMA, OHLC, Bollinger, Vwap[ AR ] iLevels - indicator is intended for displaying important levels from a current and higher timeframe. The indicator hides levels if they are far from the current price . The concealment range is based on the ATR * multiplier value. This keeps the graph clean and not shrinking . Available levels: - EMA - 5, 10, 20, 50, 100, 200, 300, 400, 500, 1000, 2000 - SMA - 20, 50, 100, 200 - Current day - Open/High/Low/Close - Prev day - Open/High/Low/Close - Prev days - Historical Open/High/Low/Close - Vwap - Local Bollinger - upper and lower channel boundaries from current timeframe --- Detailed description --- Why do you need an indicator? The indicator is designed to display the most important levels from the current and upper time frames, which are support/resistance for the price. You do not need to constantly search for the level on the upper time frame and track it on the current one. For ease of understanding, here we will assume that the main time frame is one minute, and the upper one is daily, and we are trading intraday. Of course the indicator works on any time-frame. And the most convenient moment is that the indicator automatically hides and shows levels near the current price so that the chart does not shrink (does not increase along the vertical axis). An important point - the level is calculated for the current bar, i.e. 20 bars ago most likely it was not at this value (but you can see it through the market simulation). This means that the levels move with the price change and they are always horizontal for the current bar, and not historical in general. Benefits Automatic hiding of levels depending on ATR Levels from the current time frame: Bollinger, Vwap Levels from the upper time frame: Open/High/Low/Close of the current day and Open/High/Low/Close of the previous day Levels from the upper time frame: popular EMAs, popular EMA fibonacci, popular SMA, previous historical High/Low, if the price did not touch them Table (summary) with levels for quick orientation When hovering over a table/level, a tooltip appears in% Everything can customized. Levels, colors, styles, hints - you can customize everything and make a dream indicator. Available levels EMA and SMA A whole set of popular EMAs from the higher time frame: 5, 10, 20, 50, 100, 200, 300, 400, 500, 1000, 2000. Fibonacci EMAs: 13, 34, 55, 89, 144, 233 In our basic example, we add the EMA from the daily chart to the minute chart: SMA added only the most popular: 20, 50, 100, 200 Vwap and Bollinger Bands from the current time frame Open/High/Low/Close of the current and previous day (bar) Open/High/Low/Close of the current (example: Current Open) and the previous bar (example: Prev Open) are requested from the higher time frame. If we use the indicator on the data of the daily chart, then we get the open/close/min/max levels of the current and the previous day. These are the usual Pivot levels that can be used as support/resistance: Historical Open/High/Low/Close These are the Open/High/Low/Close values of 50+ previous bars from the upper time frame. Marked as o3 (the Open value of the 3rd bar back), H55 (the High value of the 55th bar back), etc. They serve as excellent support/resistance levels, you just need to look at the upper chart to determine the significance of this level In our example with a one-minute chart and an upper daily time frame, we can, for example, see the exact values of the historical maximum resistance or some significant support at the close of the gap. By default, only High and Low are enabled, as they are the most significant. The summary hint contains a letter after the level - R or S, respectively, this is resistance or support. Another good example of historical levels. On the left chart there is a daily time frame, on the right is a minute with an indicator. The indicator accurately shows the nearest historical support Low 14, 19 and 54. On the left I have highlighted them for clarity: Lines and labels The line is the "level". The line is the ray. It starts from the last bar and goes to the left. Since this is a ray, looking at the historical data (rewinding the chart back), it will not rescale and collapse the chart. Label is the abbreviated name of the level, for example V (Vwap), e50 (EMA 50), or H17 (High 17). The title has been abbreviated so as not to clutter up the graph. When you hover the mouse, a tooltip appears with the full name of the level, the price and the difference in % to this level from the current price. Settings The indicator is very flexible and you can customize it absolutely for any needs and tasks. Higher time frame This is the timeframe from where the indicator requests data for most levels. You can use different variations: minute/day, day/week, etc. Atr Multiplier This is the setting that allows you to decrease/increase the number of displayed levels. It's simple - a “space” is created near the price above and below. If the level falls into this “space”, then it is displayed. The space above is calculated as: Price + (ATR * AtrMultiplier) and below as: Price - (ATR * AtrMultiplier) While on the minute chart, it is optimal to use the value up to 10, on the hourly chart - up to 2-3, on the daily chart - 0.5, etc. Line Right Shift, Label Right Shift How many bars the levels and labels above them move from the last bar. If Line Right Shift is set to negative, the line will start at this point and go to the right side of the chart. Show Lines ?, Show Labels? Need to show lines or labels above them? You can turn off one option and use only the other - lines without labels or vice versa. Show Summary table? Summary table is a table of data that conveniently displays the full name of the levels and the price. Hover displays a tooltip with levels as a percentage. To maximize the acceleration of the trader, the following has been done: Levels sorted by price The table is split in two. Green table above - levels are more expensive than the current price (possible resistance). Red table below - levels are cheaper than the current price (possible support) Distance between tables = ATR. We quickly and easily understand the value of ATR by looking at this distance. You can compare it with the nearest bars, which will give good information. Show ATR in Summary? In the lower table showing the value of the current ATR. Convenient, no additional indicator needed. Always show in Summary A list of levels that must always be displayed on the table, even if they are far away and have not appeared. The short names of the levels are specified, separated by commas. My basic set is Open, Vwap, EMA 10, EMA 20, Bollinger High, Bollinger Low. Always show Levels What levels should be displayed, even if they are far away. Bollinger channels are my choice. You can add Vwap, but in some cases it will compress the graph a lot, so Vwap is only in Summary by default. Hide labels In order not to clutter up the graph, you can remove some of the labels. For example, Bollinger Bands have their own style and are perceived visually - a mark above the level is not needed. You can add Vwap. Replace labels on * Which labels need to be replaced with an asterisk so as not to clog the graph. For example, this is Vwap, which has its own style. You can hover over the star and get a tooltip for the price. Replace ALL labels on * You can massively replace all tags with asterisks and get information when you hover over them. Show Prevs Open/High/Low/Close? 4 settings that allow you to show historical levels. The labels are o12, H4, L72, c8. By default, only High and Low are enabled due to their significance. Max Prev Days - how many bars back to get historical levels. Limited by TradingView's abilities and you can get about 50-100 bars back. Current/Prev Open/High/Low/Close? 8 settings for displaying 8 levels of the current and previous day, which are important boundaries for the price. Current Close is disabled by default, as this is the current price level and is highlighted in TradingView. Vwap?, Local Bollinger?, Sma ?, Ema? Vwap level, Bollinger channels and a complete list of available Ema/Sma. The most popular ones are enabled by default. Color/Style/Width Visual settings for lines. All lines are divided into 7 groups. Styles are customizable for the group as a whole. Life hacks You can add the indicator multiple times to the chart and set each copy to different time frames. For example, you have a minute chart. You add the indicator 3 times and set each indicator to daily, hourly and 15 minute time frames. Next, you set up the styles and colors for the lines on each indicator so that you can easily distinguish them from each other. Thus, you will not miss a single important level when trading intraday. Known Issues The main problem is overlapping of labels and levels. Overlapping labels is difficult to solve, but work is underway. A side issue is the visual styles of levels and labels. The main goal is to create well-visually perceptible lines so that they can be instantly identified without reading the mark. We need to create a good color scheme for the level groups. How can the community help and improve the indicator? Suggest ideas. Please, write them in the comments. Suggest edits to existing functionality. Suggest solutions to problems, new features, etc. I believe that the community's suggestions for improvement can bring the indicator to perfection. Thanks you!
Pine Script® indicator
by AlexRegent
3
HTF Trend FilterTrend filter based on higher timeframe candles. Can be used as entry filters. Checks if last 3 higher timeframe candles are in fully ascending order or fully descending order. Additionally you can also check if close price is above min of last two highs or below max of last two lows. Lime and Orange candles imply partial trend in higher timeframe. (only last 3 candles align) Green and Red candles imply complete trend. (last 3 candles align along with current close price). Just an experiment. Can be further improved,
Pine Script® indicator
by Trendoscope
1
HTF Candlestick Patterns [TradingView] vX by DGTCandlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument. They have their origins in the centuries-old Japanese rice trade and have made their way into modern day price charting. It’s important to note that candlestick patterns aren’t necessarily a buy or sell signal by themselves. They are instead a way to look at market structure and a potential indication of an upcoming opportunity. It is always useful to look at candlestick patterns in context like any other market analysis tool and candlestick patterns are most useful when used in combination with other techniques. There are countless candlestick patterns that traders can use to identify areas of interest on a chart, where some candlestick patterns may provide insights into the balance between buyers and sellers, others may indicate a reversal, continuation, or indecision. Reversal patterns are quite useful when used in context. Reversal patterns should form at the bottom of a downtrend or at the top of an uptrend. Otherwise, they are not a reversal patterns, but continuation patterns. Most reversal patterns require confirmation such as price move in the direction of reversal accompanied by appropriate trading volume. The reversal patterns can further be confirmed through other means of traditional technical analysis—like trend lines, momentum, oscillators, or volume indicators—to reaffirm buying or selling pressure. The patterns themselves do not guarantee that the trend will reverse. Investors should always confirm reversal by the subsequent price action before initiating a trade. This study implements some of the most commonly used candlestick patterns in a context with directional movement indicator. On request users can adjust the strong trend threshold from dialog box, eighter can disabled correlation with directional movement indicator. To add additional sight to analysis the simple moving averages of 20, 50, 100 and 200 periods are added (configurable) You may add additional indicators of your choice. Colored DMI, BB Cloud or Price Distance to its MAs may help Enjoy it! Disclaimer: The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd tradingview user liable for any possible claim for damages arising from any decision you make based on use of the script
Pine Script® indicator
by dgtrd
18