Scalper Pro Pivot - Scalpers WeaponToday I feel good to share with my all pals a new "Pivot Point" indicator which I never thought that it could be that easily done. I have been trading for years but I am, to be honest, new to pine script. I used to code other programming languages in the past like HTML, CSS, javascript, PHP, etc web-based programming language which luckily helped me to understand pinescript. It was a bit of my history about coding now talking to the main reason why I created this script in the first place? The answer is simple "I mean who the hell don't want to make their own indicators which work to accomplish own goals". There are lots of indicators which I saw in the public library as well as inside build in but, to be honest, I didn't found any pivot point indicator which calculates the "Fibonacci" method. Even if there are hundreds of pivot point indicators out there in public and built-in but they were either in higher timeframe (daily or above resolution) and weren't on a lower timeframe like starting from 1-minute resolution. There are some lower timeframe pivot point indicators but they aren't using the same method of calculation which I wished and if I ever figure out one then they just end up being repaints which didn't work properly as I wanted. The last but not least reason to create this indicator was obviously for all those short term traders (Scalpers) which I believe this indicator will be a game-changer by adding more support on their current trading strategies. It is so flexible that we can change the resolution from 1min to 1month and, to be honest with you all Fibonacci method used pivot points works most of the time with my own years of personal experience using them in higher timeframes and that is mainly one reason why I was eager to make one which can be used in lower timeframes. It will be useful for all types of traders (short-mid-long). The indicator was specially created for my own scalping purposes and indeed at the end, the creation of this indicator became like if I was mean to dedicate this to my fellow scalper's out there who value the pivot point! Lastly, I would like to give credit to pine script who gave support and knowledge for pine script as well as 'LonesomeTheBlue ' my friend who fixed some issue within the code and without him, my imagination wouldn't have been a reality. Inbox me if you are interested in it. Cheers!
Pivot Points
OHLC - Hourly, Daily,Weekly,Monthly with LabelsOpen, High, Low , close with Labels -- These are professional levels to watch out for active trading
dOP - Day open price
yCL - Yesterday's close Price
yHI - Yesterday's High Price
yLO -- Yesterday's Low Price
ADR price targets with alert options- UltimateADR based price targets with option to hide past levels..
ZFelds Fib PivotsPivot Points Based on Fibonacci numbers. Based on the Pivot indicator on NinjaTrader.
Cyatophilum Pivot Consolidation & Breakouts [ALERTSETUP]Intraday Strategy built on Pivot Points Standard and Pivot Range.
The idea is to wait for a consolidation period AND a breakout. This really strong condition allows to set a 1/1 Risk/Reward ratio.
Starting from there we secure the profits with a Trailing Stop loss and/or Take Profit system integrated in the script.
This is the Alert version and you can see the backtest results below. Default settings work great on the 15m chart.
You can change the timeframe of the pivot points as well as the consolidation band in the settings. The SL/TP system is also configurable. This script includes a DCA feature.
To get the indicator, please use the link below, thanks!
Rounded Bluebox Zones - Bitcoin BeatsThis script is a combination of my Rounded Pitchforks script and an automatic support and resistance detector.
The goal of this script is to give the future supports and resistances in order to help guide your entries and exits in trades.
Both the curved and straight blueboxes indicate areas of confluence.
This means putting stoplosses and take profits in these areas can be a valid strategy.
This can be used on all timeframes.
ALL LINES AND BOXES CAN BE REMOVED IN THE SETTINGS.
So if you only want the curved pitchforks or only want to show a specific range, you can do as you wish.
For assets different from BTC, you will have to adjust the fully customisable settings.
TRADE AT YOUR OWN RISK
Weekly Pivot Points with Colored Mid Pivots from HalcyonUpdated version of the Weekly Pivots Points that include mid pivot lines.
Target trading zones for the week are shaded green and red respectively. The mid pivot area is shaded aqua.
Use: buy (green) zones are buys, red zones are sells with respective color targets.
CPR Line [MV]Hello, Everyone, This is Indicator Base on CPR
Indicator Feature
Here is Long and Short plot with Alerts
Here is Takeprofit Line from Long and Short side by default 1 percentage Calculated by Open Bar
Here is Stoploss Line from Long and Short side by default 0.5 percentage Calculated by Open Bar
NOTE: If You are Using CPR Strategy there is some Limitation We are Calculated Close bar price and according to SL OR TP Calculate plot
But if you are Using Indicator by default it's Calculate SL or TP Accounting to Open bar but you can Also Change if you want same result CPR Strategy or CPR Indicator.
You Can also change everything.
In future, I will Enhance this Strategy and indicator
if you have any suggestion Mention here
Thank you so much
DcPi for intraday tradesDcPi stands for dark cloud and piercing , This is a very reliable pattern for intraday trades.
Precondition-
Whenever a big move is followed by gap(up/down) open next day.
Trade Setup-
Wait for price to enter in previous day range.
Aggressive traders can enter trade as soon as price enters previous day range, safe traders can wait for 1st 5 minute candle close, target can be mid of previous day range.
Trailing stoploss is a good way to secure your profits.
How this indicator helps?
Whenever intraday range will be more than 5% move, chart background will turn light blue, one might add stock to watchlist for next day.
if next day is gap open, chart background will be light green, and a textbox will be displayed with entry, stoploss and targets. One might take trades as explained in trade setup.
How it is dark cloud and piercing pattern?
Green candle followed by gap up open next day and closing in previous day range is Dark cloud on daily timeframe.
Red candle followed by gap down open next day and closing in previous day range is piercing pattern on daily timeframe.
[Alamode]ZigZagOne of the Alamode series that allows you to visually judge trends.
Helps you draw Fibonacci retracements and Fibonacci expansions.
Pivot Points & Midlines with color selectorAdapted from Pinescript Manual's "Pivot Points Standard". Added extra levels and midlines as well as user inputs for color and a "show labels" on/off switch.
So this will show the Pivot level, the resulting levels R1,R2,R3,S1,S2,S3 and the midpoint lines between these.
User can choose the Higher timeframe period from which to calculate these pivot levels, as per the original script.
I like to add two of these to a chart, one for daily and one for weekly pivot levels.
If you don't need any particular level, just comment out the appropriate lines (one from each of the second last and third last blocks in the script).
PivotBoss ADR Price TargetsThis script forcasts daily, weekly, Monthly targets well in advance so that you can position yourself accordingly. Script has four target levels such as 50% target level, 75% target level, 100% target level and 125% target level. You can scale out your position across these levels. Price has 80% potential to reach 1st target level, 70% potential to reach 2nd second target level and 50% potential to reach 3rd and 4th target level.
The script takes 10 period average daily range and high of the period to project the downside targets, 10 period ADR and low of the peiod to project upsdie target levels.
When the price is trades in the narrow range in the prior period then the potehtial to reach 125% target level increase by 90%.
This script is purely price based use it with other pivotBoss pivots and volume profile for confirmation of your bias
CPR, Opening Range & Candle Mid Point by R.ArunCPR, Opening Range & Candle Mid Points.
To display midpoints of candle sticks, you need to set the visual order of chart ( send to back )
SwingCPRThe above indicators is based on Central Pivot Range,
Details as to how to use it.
1.Strictly use 1D timeframe for analysis, sometimes you can use 1hr tf too.
2. R1(Redline) and S1(greenline) acts as resistance and support.
When you see a trending stock, you can always buy when the stock retraces to the CPR range with R1 as first target and vice versa.
KAOS - Divergence IndicatorDivergence Indicator... Works pretty well, Use with caution as it does amend itself depending on market whale activity.
1hr, 4hr and Daily good for macro movements.
Should be used a supplemental indicator to your over all strategy NOT as a entry exit.
Have fun :)
Made by someone else, but has been tweaked with better settings
Advanced ADR - PivotBossThis Script comes straight from PivotBoss Masterclass. Script calculates compression and expansion of prices. ADR is calulated for user defined period and it is compared over 10 period. If the prices goes over 125% of average ADRin the look back period then current price is over expanded and reversal is in the corner. When Prices falls below 65% of average ADR then prices are under compression. Then you should look to position yourself in the direction of the expansion.
Expansion leads to compression. Compression leads to Expansion
PivotBoss Pivots & Camarilla - H,D,W, M timeframe & OHLC LabelsThis is the new pivotboss pivots calculations and also has Camarilla Pivots . User can define which time frame pivots they want to see starting from Hourly, Daily, weekly and monthly. Added labels for each levels. So that user can calculate potential profit targets. This script also includes Hourly and Daily OHLC with labels. Added Developing mid point of the current day. The script can calculate midpoint as and when new highs and lows are made through out the day
Abbrevations used in this script
yHI - Yesterday's session High
dOP - Days open
yCL - yesterday's session Close
yLO - yesterday's session Low
MP -- Developing midpoint of the day
TC - Top channel
P - Pivot Point
BC - Bottom Channel
R1 - R4 -- Resistance levels
S1 - S4 -- Support Levels
Smart Indicator 28 - Swing Pivots (Higher Highs and Lower Lows)A simple way to find Higher Highs and Lower Lows (HH and LL) whit automatic Fibonacci Lines in the most common levels.
In this indicator the Higher Highs only happens when a high value are rising from each other in the last "Length of Real Pivots" highs and the next same number of highs are falling in every single bar.
The Lower Lows are inverted, LL only appears if a low is falling in every single bar in the last number of length and the lows price of the "n" bars next are rising.
You can use this Indicator in any kind of market.
Renko Chart Alerts with PivotsAdd alerts to renko charts to be notified when:
new brick
brick up
brick down
direction change
direction change up
direction change down
Also shows pivots based on brick reversals. Alerts also available for:
pivot breakout
pivot high breakout
pivot low breakout
You can hide the plots for pivot high/low and breakouts in the style tab of the settings for the indicator.
To add the alerts:
add the indicator to your renko chart
click add alert
click the condition dropdown and choose Renko Alerts
you should see all the alerts there and you can add any one or more to your chart
ZigZag++Hey Awesome Traders
I noticed people were so happy with my ZigZag lucemanb script and so I made one that is more user-friendly and customizable
Please note the original one is dedicated to developers, The code is very minimal for fast understanding when anyone wants to use it in their development
In this script, I have included several features like multi-timeframe and alerts. Do take a look and enjoy
If you are using the indicator, please comment down the link to your script
If you would love to support my work through donations, Am so happy to receive them
ADDITIONAL FEATURES
Do u have an idea or a feature that you want to be added,
You can ping me or ask about it here, I can always update
Check out some of the best works i have done with this script
1. Angle trading
2. Harmonic Patterns
CPRFibonacciPivots By EquityDuraiThe Central Pivot Range (CPR) is one of the most versatile price-based indicators available to traders. ... At any given time, the range can be support or resistance, it can forecast trending or sideways price behavior, dictate the day's direction, or serve as an integral part of a trend.
Keep in mind that depending on the market’s behavior, the formula for TC may in fact create the level for BC, and vice versa. I always refer to the highest level as TC, and the lowest level as BC, regardless of which formula led to the level’s creation.