Discretionary traders often use support and resistance zones that are based on past price action of the instrument traded. This simple script is used to plot support and resistance zones for a given instrument. The data for the zones themselves has to be determined by the past price action of the instrument and are not based on the provided data by...
Hello Everyone. This is a new indicator which helps you to follow the trend & find out the support and resistance in Intraday. Time frame is best for this indicator is 5mins. You can also use Vwap which you get in this indicator. This is an Indicator which I'm using to manage my trades. N.B. I don't insist you to use this. I'm not RESPONSIBLE for your profit and...
Plot lines for Daily weekly high and low. It helps to find support and resistance for weekly option trading. Weekly high low acts as Support and resistance.
The purpose of this code is to graph a volume simple moving average (sma) and it's first and second derivatives to provide traders with additional information that might determine if volume is converging or diverging with price. The yellow line represents the volume sma, the red line represents the first derivative or the rate of change of the volume and the green...
Overview: - Identifies divergence on the specified indicator. Support for additional indicators in development. - Divergence labels indicate strength of divergence, making it easy to spot stronger divergence. - Fully customizable (including inputs for indicator type and length, pivot lengths, divergence type, lookback range, price source, and more), allowing...
Trading reality (use this in small timeframe) Best tools - Monthly / weekly ranges - Sessions
A Back-tested Profitable Strategy for Free!! A PIVOT INTRADAY STRATEGY for 5 minute Time-Frame , that also explains the time condition for Indian Markets The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more. The commission is also included in the strategy . The basic idea is when , 1) Price crosses above ema1...
SGX Nifty OHLC for Nifty 50 Index What is this Indicator? • This indicator calculates the OHLC levels of SGX Nifty. How does SGX Nifty impact NIFTY and the Indian Market? • Helps in predicting NIFTY50 Index behavior. • The closing price of today's 9.14 am (IST) SGX Nifty will be the Open of today's Nifty50 Open. This helps to determine the opening Gap of...
Psychological levels (Bank levels) plots "round" price levels above and below current price, by truncating after the nth leftmost digits, based on neuroscience research of how humans intuitively calculate in logarithms. Psychological levels, also called bank levels, are "round" price numbers around which price often experience resistance or support, because...
Psychological levels (Bank levels) plots the price levels by truncating after the nth leftmost digits, as it appears the humain brain tends to intuitively calculate in log/zipf. Contrary to other similar scripts, this one uses a mathematical calculation that extracts the 1, 2 or 3 leftmost digits and calculate the previous and next level by...
Works best going in direction of trend , extra eyes to identify market turns
Another indicator for you guys!!! This indicator consists of the 5 key Fibonacci retracement levels, plotted automatically to user input settings. I also have included an auto support/resistance trend line generator. What is a Fibonacci retracement? 'Fibonacci retracement is a method of technical analysis for determining support and resistance levels. It is...
This script shows upto two lines that represent a deviation from the price based on a multiple of the ATR% close + ( (close / 100) * ( atr * upperMultiplier) ) and close - ( (close / 100) * ( atr * lowerMultiplier) )
This is a variation of "Round numbers above and below" indicator by BitcoinJesus-Not-Roger-Ver. I've made it two sets of lines and round number range changeable. Defaults at 100 and 500 round numbers.
█ This Indicator is based on Pivot Points. It aggregates closed Pivot Points to determine a " Pivot Average " line. Pivot Points here refer to highs and lows. █ Usages: Pivot Average can be used as resistance or breakout area. It is also very usefull to find battle zones. It can also be used as a trend indicator: when the price is below, trend is down, when price...