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Daily Moving Averages OscillatorThis is the best way I've found so far for gauging directional bias (i.e. overall trend) at-a-glance. It shows current price in black along with the 20, 50 & 100 daily MAs, all of which are visible at all times, and from all timeframes. No wondering where the 100MA is cause it's now showing on the chart. I also find this good for keeping my charts visually cleaner. Having the undulating lines moved underneath makes it easier for me to see support/resistance and other imporant stuff, The trend is your friend and this helps to make sure you're on the right side of a trade.
Pine Script® indicator
by scarf
3
Pivot Points Daily - bitcoin by Simon-RoseDaily Version: I have written 3 Indicators because i couldn't find what i was looking for in the library, so you can turn each one on and off individually for better visibility. This are Daily, Weekly and Monthly Pivot Points with their Resistance and Support Points and also on the Daily with the range between them. I will also publish some Ideas to show you how to use them if you are not familiar with the traditional pivot points strategy already. Unlike the usually 3 support & resistances i added 4 of them, specifically for trading bitcoin (on traditional markets this level of volatility usually never gets touched) Here you can see which lines are what for reference, as the Feature to label lines is missing in Pinescript (if you have a workaround pls tell me ;) ) This is the basic calculation used : PP = (xHigh+xLow+xClose) / 3 R1 = vPP+(vPP-Low) R2 = vPP + (High - Low) R3 = xHigh + 2 * (vPP - Low) R4 = xHigh + 3 * (vPP - Low) S1 = vPP-(High - vPP) S2 = vPP - (High - Low) S3 = xLow - 2 * (High - PP) S4 = xLow - 3 * (High - PP) If you have any questions or suggestions pls write me :) Happy trading Cheers Weekly Version: Monthly Version:
Pine Script® indicator
by Simon-Rose