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resistancezones

Trading Ideas 75 Educational Ideas 1
Scripts 4

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Volume Weighted Reversal Bands
QQQ: Volume Weighted Reversal Bands
FriendOfTheTrend FriendOfTheTrend

This is a vwap & vwma hybrid with upper & lower deviation bands that provide excellent price channels and reversal areas. It can be used on lower & higher timeframes, just increase the deviation % for higher timeframes. Try out the 1 minute timeframe with .5% deviation for great scalping levels. Here is the calculation used for the main line. (VWMA100 + VWMA500...

241
2
Auto Support & Resistance With Wick Signals & Percentage Gaps
NFLX: Auto Support & Resistance With Wick Signals & Percentage Gaps
FriendOfTheTrend FriendOfTheTrend Updated 

This auto support and resistance indicator uses percentage deviations from the previous session close to calculate levels. It provides arrows as signals when it detects 2 wicks in the last 5 bars from a support or resistance level. Includes alerts for price crossing any level as well as real time percentage gaps from current price to the next closest support and...

1212
16
Support Resistance Interactive
BTCUSDT: Support Resistance Interactive
LonesomeTheBlue LonesomeTheBlue Wizard

Hello All, Using this "Support Resistance Interactive" script you can set the Support/Resistance levels interactively by clicking on the chart. Using the SR levels you set, the indicator creates Support Resistance zones. The width of the zones are calculated by using Threshold option and Threshold is the percent of the distance between Highest/Lowest levels in...

9056
58
Support Resistance Channels
BTCUSDT: Support Resistance Channels
LonesomeTheBlue LonesomeTheBlue Wizard Updated 

Hello All, For Long time I was planning to make Support/Resistance Channels script, finally I had time and here it is. How this script works? - it finds and keeps Pivot Points - when it found a new Pivot Point it clears older S/R channels then; - for each pivot point it searches all pivot points in its own channel with dynamic width - while creating the...

14772
231
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