Simple idea that allows you to display tomorrow CPR/ Standard Floor Trader Pivots based on the high, low and close of today session. Likewise, it works for higher timeframes taking into account the high, low, close of the period (e.g. weekly, monthly, year). Just be aware that -regardless of the timeframe- if the period is still in development, the indicator...
Alex's Dikfat Velocity 2hr CCI Color Signaler As most traders have experienced at one time or another, over bought and oversold readings are relative in nature and do not always work as a standalone reading. Momentum indicators such as the Commodity Channel Index ( CCI ) have to be understood and read correctly to determine the value in a momentum reading. When...
Still experimental. Extending further on the divergence backtest results - in this script we try to project next 2 pivots (including one unconfirmed pivot) 🎲 Previous experiments 1. Divergence-Backtester 2. Divergence-Backtester-V2 🎲 Additions Apart from collecting the stats on number of occurrences of HH, HL, LH, LL - this script also keeps track of...
About this Strategy This supertrend strategy uses the Heikin Ashi candles to generate the supertrend but enters and exits trades using normal candle close prices. If you use the standard built in Supertrend indicator on Heikin Ashi candles, it will produce very unrealistic backtesting results because it uses the Heikin Ashi prices instead of the real prices....
Hello, This script provides scanning for our pivot 1453 script and should be used together. I will try to explain the content with pictures. Merhaba, bu scriptimiz ,pivot 1453 scriptimiz için tarama yapılmasını sağlar ve beraber kullanılmalıdır. sizlere içeriği resimler ile anlatmaya çalışacam. Status column : this column indicates that you are from the...
Indicator calculates the basic pivot points from previous day's h/l/c on intraday charts
█ 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...
Support and resistance are often drawn using lines. This is too simple and doesn't give a clear idea of the market sentiment at these particular levels. What is strong support and resistance? What is weak support and resistance. How can either be defined by a single price point? Using a simple, clean and configurable solution, this indicator not only shows these...
This will display pivot points throughout. Showing top and bottom range. 2022.
The most overlooked indicator in trading. Average daily range shows you how far the price will move today if moved as on average. It's a great tool to calculate take profits to close within the same day.
The most overlooked but powerful indicator makes you see the markets for what they are. You will see how much the markets move on average per day. This is fantastic info if you are an intraday trader and want to set your take profit within the average range, so you have as high a probability as possible of reaching your take profit today. You can also trade...
An indicator that has Camarilla Pivot Points with some preferred color settings and Fibonacci Pivot Points with some custom levels. This indicator was created to facilitate a "plug & play" version of these pivot points for a friend's community, and I like to share all the scripts I create so that they can potentially serve as helpful references for fellow authors...
🌊 Donchian Channels with Middle Line, Limits and Shadows | by Octopu$ Donchian Channels are three lines generated by Moving Average calculations. These lines formed by upper and lower bands around a midrange or median band. The Upper Band marks the Highest price of a security over X periods of time. While the Lower Band marks the Lowest price over the same...
Overview: One-stop shop for all your divergence needs, including: (1) A single metric for divergence strength across multiple indicators. (2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each...
Multi-TimeFrame FVGs FVG = Fair Value Gap an FVG indicates an impulsive move which leaves unfilled orders in the imbalance to which usually we observe price return to and fill the unfilled orders also an indication of BIG Money entering the market To be used with your Top-Down analysis with Smart Money Strategies 6 Options for TFs Best to Check Multipule TFs...
Intraday regulated markets move within their circuit range above or below which the market activity is halted. These levels are protected by the MM to accumulate or distribute. These levels are mostly same for all markets i.e. 2%, 4% , 5%, 10% and 20% of previous day close, crossing which the market activity halts. So, from here the expectation of turning or...
this indicator shows the CPR along with the pivots for the next day and in the live market. It would be easy to see the favorite stocks CPR in advance.
The script shows historical pocket pivots, much as other scripts with a green diamond shape on the volume pane. When the market is open, the current bar, however, is extrapolated to the end of the day using a sixth-order polynomial. Thus real-time pocket pivots are shown. To work properly, the user must input a time-zone offset parameter; the default is west coast...