SRTL - Support Resistance and Trend Line with Double EMA and TRAMA The SRTL indicator is a powerful tool for technical analysis that seamlessly integrates support and resistance levels, trend lines, and moving average signals. It offers traders a comprehensive view of the market's dynamics, making it a valuable addition to any trading toolkit. Here's a concise...
- Introduction and How it is Different The SuperTrend Enhanced Pivot Reversal is a unique approach to trading that combines the best of two worlds: the precision of pivot reversal points and the trend-following power of the SuperTrend indicator. This strategy is designed to provide traders with clear entry and exit points, while also filtering out potentially...
Pivot points are a popular technical analysis tool used by traders to identify potential levels of support and resistance in a given timeframe. Pivot points are derived from previous price action and are used to estimate potential price levels where an asset may experience a reversal, breakout, or significant price movement. The calculation of pivot points...
Trendline Pivots The Trend Line Pivot Indicator works by automatically drawing and recognizing downward trendlines originating from and connecting pivot highs or upward trendlines originating from and connecting pivot lows. These trendlines serve as reference points of potential resistance and support within the market. Once identified, the trend line will...
This indicator seeks for a short term trend within a bigger long term trend and displays both in a channel with an extension lines (optional). Use of this indicator is quite simple: when the stock is near the trend line bottom (default RED) it can be a good time to buy and when the stock is near the trend line top (default GREEN) it can be a good time to sell....
The indicator uses a time range and another instrument for time reference, so that it works in the time zone you care about. I have set the default to SPX500USD since it is in EST ( SPX , ES and many futures are on Chicago time and opening range gets confused). You can change the reference instrument in the settings. You can also change the multipliers and use...
This script will show you at a glance the following trends: Higher Highs (Green line on top) Lower Highs (Red line on top) Higher Lows (Green line on bottom) Lower Lows (Red line on bottom) It utilizes the Pivot High and Pivot Low functions to determine if the previous pivot was higher or lower than the current pivot .
Auto Levels is a Work in progress. It is based on the previous days ATR and the current days opening tick. It takes that info and uses Fibonacci to automatically draw key levels for the day. I have added the BULL BAR ( Green bar ) and Bear Bar ( Red Bar ) to signal as a Go Long / Go Short line in the sand. The Tan bars are also proven key "Take Profit" levels....
█ 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...
█ This Indicator is based on Pivot detection to show bands and channels. The pivot price is similar to a resistance or support level. If the pivot level is breached, the price should continue in that direction. Or the price could reverse at or near this level. █ Usages: Use channels as a support & resistance zone. Use bands as a support & resistance zone....
The WHAT =============> A strategy focused on opening trades during a retracement of the so-called Big Candles. Instead of having to recalibrate a strategy every so often (so it stays consistent with the current trend), this Candle strategy tries to use a different approach. It will detect candles with big bodies (which are usually created during a strong push...
The WHAT =============> Combination of 3 indicators, first 2 are to get entry points, the last one (MESA) is to get exit points: 1) "Koalafied Volume Extension" by @Koalafied_3 - used to detect whether current trend candles are supported by volume 2) "Koalafied RSI Decision Points" by @Koalafied_3 - another indicator used to detect trend momentum 3) "Mesa...
The WHAT =============> A strategy based off 3 indicators: 1) the original TV's "Pivot Points Standard" indicator 2) Cyclic RSI High Low With Noise Filter indicator ( ) from @RozaniGhani-RG as basis for determining uptrend or downtrend 3) Mesa Advanced Triggers indicator ( ) from @jordanfung to filter out the best high/low points where to open and close...
Indicator showing pivots and interpret a trend out of it. Pivots are calculating with deviation parameter to validate with more precision. Trending moves are calculated according to Dow Theory : In an uptrend, if the price made a new high, the price must make a new high to confirm the trend, otherwise, it might signal a possible change in the trend. In...
Library "fontilab" Provides function's indicators for pivot - trend - resistance. pivots(src, lenght, isHigh) Detecting pivot points (and returning price + bar index. Parameters: src : The chart we analyse. lenght : Used for the calcul. isHigh : lookging for high if true, low otherwise. Returns: The bar index and the price of the pivot. ...
Some time ago I published Monthly returns table. Now It's time for weekly one. To get it work you need a pretty big screen, but I hope it will be useful for some of you. Features of this table includes: Display weekly returns of your strategy, benchmark, and alpha over this benchmark. Select benchmark to be another instrument Select the date from...
Hi fellow traders , Pleased to share a Pivot High - Low Screener. The script uses the TV inbuilt Pivot function. It Screens 25 tickers default set, these can be modified in the input dialog box. All you need to do is attach to any chart and set the periodicity or the resolution of the chart to your desired alert() frequency requirement. Now go to the input...
I keep working on trying to make TradingView strategies look fancier. A few months ago I published the first version of the Monthly Returns for Strategies in Pine Script. I received quite a lot of good feedback and quite a lot of requests to update it. This is a more advanced version of the Monthly Returns, in it, you can: Display monthly returns of your...