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TR FVG & Swing High Low FinderTR FVG & Swing Level Finder Overview: The TR FVG & Swing Level Finder is a powerful Pine Script indicator designed for traders who want to identify Fair Value Gaps (FVGs) and Swing Highs/Lows on their charts. This indicator combines two essential technical analysis tools into one, helping traders spot potential areas of support, resistance, and trend reversals. FVGs are price gaps that often act as areas of interest for price to return to, while swing highs and lows help identify key turning points in the market. The indicator is highly customizable, allowing users to adjust colors, limits, and display options to suit their trading style. Key Features: 1: Fair Value Gap (FVG) Detection: - Identifies Bullish FVGs: Occur when the high of two candles ago is lower than the low of the current candle, indicating a potential upward price movement. - Identifies Bearish FVGs: Occur when the low of two candles ago is higher than the high of the current candle, indicating a potential downward price movement. - Displays FVGs as colored boxes on the chart, with customizable border and fill colors based on the timeframe. - Labels each FVG box with the corresponding timeframe (e.g., "1m FVG", "1h FVG", "Daily FVG"). 2: Swing High and Swing Low Detection: - Detects Swing Highs: A 3-candle pattern where the middle candle's high is higher than the highs of the candles on either side. - Detects Swing Lows: A 3-candle pattern where the middle candle's low is lower than the lows of the candles on either side. - Draws a solid black line with 50% opacity at each swing high and low, extending 5 bars to the right for better visibility. - Adds a small Swing High or Swing Low label at the right end of each line, colored according to user-defined settings. 3: Timeframe-Specific FVG Visualization: - FVGs are color-coded based on the chart's timeframe, making it easy to distinguish between FVGs on different timeframes. - Each timeframe has its own fill color for bullish and bearish FVGs, with adjustable transparency for better chart clarity. - A dashed black line is drawn in the middle of each FVG box to highlight the midpoint of the gap. 4: Customizable Display Options: - FVG Limit: Control the maximum number of FVGs displayed on the chart (from 1 to 20). - Extend Options for FVG Boxes: - "None": FVG boxes extend only 2 bars to the right. - "Limited": FVG boxes extend a user-defined number of candles to the right (1 to 100 candles). - "Default": FVG boxes extend 3 bars to the right of the current bar. - Color Customization: - Set border colors for bullish and bearish FVGs. - Adjust fill colors for FVGs on different timeframes (1m, 5m, 15m, 30m, 1h, 4h, Daily, Weekly, Monthly). - Customize the colors of swing high and swing low labels. 5: Performance Optimization: - The indicator only plots FVGs and swings on the last confirmed bar (barstate.islastconfirmedhistory), ensuring efficient performance and reducing chart clutter. - Limits the number of displayed FVGs and swings to the user-defined fvgLimit, keeping the chart clean and focused on the most recent price action. 6: Inputs and Customization: - Number of FVGs to Show (fvgLimit): Set the maximum number of FVGs and swings to display (default: 3, range: 1 to 20). - Bullish FVG Border Color (bullishColor): Choose the border color for bullish FVGs (default: green). - Bearish FVG Border Color (bearishColor): Choose the border color for bearish FVGs (default: red). - Swing High Color (swingHighColor): Set the color for swing high labels (default: blue). - Swing Low Color (swingLowColor): Set the color for swing low labels (default: purple). - Extend Options: - Extend Option (extendOption): Choose how far FVG boxes extend to the right ("None", "Limited", or "Default"; default: "Default"). - Extend Candles (extendCandles): If "Limited" is selected, specify the number of candles to extend FVG boxes (default: 8, range: 1 to 100). - Timeframe-Specific Fill Colors: - Customize fill colors for bullish and bearish FVGs on various timeframes (1m, 5m, 15m, 30m, 1h, 4h, Daily, Weekly, Monthly). - Each fill color has a default transparency (e.g., 93% for most timeframes, 90% for 30m), which can be adjusted as needed. How to Use: 1: Add the Indicator to Your Chart: - Open TradingView, go to the Pine Editor, and paste the script. - Click "Add to Chart" to apply the indicator to your current chart. 2: Adjust Settings: - Open the indicator settings by clicking the gear icon next to the indicator name on your chart. - Modify the inputs to suit your preferences: - Set the number of FVGs and swings to display. - Choose your preferred colors for FVGs and swings. - Adjust the extend options for FVG boxes. 3: Interpret the Indicator: - FVG Boxes: Look for colored boxes on the chart, which represent Fair Value Gaps. Bullish FVGs (green borders by default) suggest potential buying opportunities, while bearish FVGs (red borders by default) suggest potential selling opportunities. The label inside each box indicates the timeframe of the FVG. - Swing Highs and Lows: Identify key turning points with solid black lines (50% opacity) at swing highs and lows. Each line extends 5 bars to the right, with an "SH" (Swing High) or "SL" (Swing Low) label at the end. Swing highs can act as resistance levels, while swing lows can act as support levels. 4: Combine with Your Strategy: - Use FVGs to identify areas where price might return to fill the gap, often acting as support or resistance. - Use swing highs and lows to spot potential trend reversals or to set stop-loss and take-profit levels. - Combine the indicator with other tools (e.g., trendlines, moving averages) for a more comprehensive trading strategy. Notes: - The indicator works on all timeframes, but the appearance of FVGs and swings will vary depending on the chart's timeframe. - For best results, use the indicator on a clean chart to avoid visual clutter, especially if you increase the fvgLimit. - The swing high/low lines are drawn with 50% opacity to ensure they don’t overpower other chart elements, but they are still clearly visible. Author’s Note: This script was developed to help traders identify key price levels with ease. I hope it adds value to your trading! If you have any feedback or suggestions for improvement, feel free to leave a comment. Happy trading!
Pine Script® indicator
by traderriazofficial
8
Pivot-based Swing Highs and LowsRelease Notes for Pivot-based Swing Highs and Lows Indicator with HH, HL, LH, LL and Labels Version 1.0.0 Release Date: 29th Sept 2024 Overview: This Pine Script version 5 indicator is designed to identify and display Swing Highs and Swing Lows based on pivot points. The indicator visually marks Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL) on the chart. The release introduces an improved visual representation with dotted lines and colored labels for easy identification of market structure, using plotshape() and line.new(). Key Features: 1. Pivot-Based Swing Identification: The indicator uses ta.pivothigh() and ta.pivotlow() to detect significant pivot points on the chart. The length of the pivot can be adjusted through the pivot_length parameter, allowing users to customize the sensitivity of swing identification. 2. Swing Highs and Lows with Labels: Higher High (HH) and Lower High (LH) points are marked with green downward triangles. Higher Low (HL) and Lower Low (LL) points are marked with red upward triangles. The plotshape() function is used to provide clear visual markers, making it easy to spot the changes in market structure. 3. Dotted Line Visuals: Green Dotted Lines: Connect Higher Highs (HH) and Higher Lows (HL) to their corresponding previous swings. Red Dotted Lines: Connect Lower Highs (LH) and Lower Lows (LL) to their corresponding previous swings. The use of color-coded dotted lines ensures better visual understanding of the trend continuation or reversal patterns. 4. Customizable Input: The user can adjust the pivot_length parameter to fine-tune the detection of pivot highs and lows according to different timeframes or trading strategies. Usage: Higher High (HH): Green downward triangle, indicating a new high compared to the previous pivot high. Lower High (LH): Green downward triangle, indicating a lower high compared to the previous pivot high. Higher Low (HL): Red upward triangle, indicating a higher low compared to the previous pivot low. Lower Low (LL): Red upward triangle, indicating a new lower low compared to the previous pivot low. Dotted Lines: Connect previous swing points, helping users visualize the trend and potential market structure changes. Improvements: Label Substitution: In place of label.new() (which might cause issues in some environments), the indicator now uses plotshape() to provide a reliable and visually effective solution for marking swings. Streamlined Performance: The logic for determining higher highs, lower highs, higher lows, and lower lows has been optimized for smooth performance across multiple timeframes. Known Limitations: No Direct Text Labels: Due to the constraints of plotshape(), text labels like "HH", "LH", "HL", and "LL" are not directly displayed. Instead, color-coded shapes are used for easy identification. How to Use: Apply the script to your chart via the TradingView Pine Editor. Customize the pivot_length to suit your trading style or the timeframe you are analyzing. Monitor the chart for marked Higher Highs, Lower Highs, Higher Lows, and Lower Lows for potential trend continuation or reversal opportunities. Use the dotted lines to trace the evolution of market structure. Please share your comments, thoughts. Also please follow me for more scripts in future. Mean time Happy Trading :)
Pine Script® indicator
by hitesh.daiya86
6
MTF Swing Highs and Lows w/ Supply and Demand ZonesI designed this indicator out of necessity for the Market structure/Price action trading strategy I use. I thought I'd share. :) For the fans of my Multi Timeframe Swing High and Low indicator, I have added Supply and Demand Zones! The Supply and Demand Zones are based on the Swing Highs and Lows of my MTF Swing Highs and Lows Indicator. The S/D Zones are created on the wicks of the Swing Highs and Lows. You can choose whether to display the Chart, Higher and/or Highest timeframes as in the chart below. You can also choose to display up to 3 S/D Zones from the past 3 Swing Highs and Lows. The default setting is to display 1 chart timeframe S/D Zone, 2 higher and 3 highest, as I found this to be most effective without cluttering the screen too much The Chart Timeframe S/D Zones have an orange border, higher timeframe have a blue border and the highest have a black border. Supply zones based on Swing Highs are red and Demand Zones based on Swing Lows are green. This indicator displays Swing Highs and Lows on 3 timeframes based on the Chart timeframe, as follows: Chart TF Higher TF Highest TF 1m 5m 15m 5m 15m 60m 15m 60m 240m 60m 240m Daily 240m Daily Weekly Daily Weekly Monthly You can change the font size of the labels as you'd prefer.
Pine Script® indicator
by KaizenTraderB
18
Daily/Weekly Swing Highs-Lows + Candle PatternsDescription Daily/Weekly Swing Highs-Lows + Candle Patterns This indicator plots the most recent Daily and Weekly Swing Highs and Lows (key support/resistance levels) using a simple and effective logic: a swing high/low is confirmed when the previous bar's extreme is higher/lower than both the current and the one before it. Features: • Daily Swing Highs/Lows (teal/maroon circles) – toggleable • Weekly Swing Highs/Lows (blue/purple circles) – optional • Visual separators for new daily and weekly bars (light background color) • Daily candle pattern labels (optional): - US = Up Swing (strong bullish continuation) - DS = Down Swing (strong bearish continuation) - IN = Inside Bar - OUT = Outside Bar • Daily close position labels (optional): - P = Positive (close in upper 25% of the range) - mP = minor Positive (50–75%) - mN = minor Negative (25–50%) - N = Negative (lower 25%) All elements are fully customizable (colors, visibility) and work on any timeframe. Best suited for intraday timeframes (1 min to 4 hours) where daily and weekly key levels provide important context for price action and reversals. The optional "Trading session length" input is mainly useful for markets with shorter sessions (e.g., European indices) and does not affect swing detection. Open-source, free to use and modify. How to Use the Indicator + Practical Use Case Key Settings (Inputs) Trading session length (hours) → Default 8.5 h (useful for FTSEMIB, DAX, etc.). Leave it as is unless you trade a market with a different session length. Daily Swing Levels → Show/Hide daily swing highs (teal) and lows (maroon). Weekly Swing Levels → Usually keep off on intraday charts to avoid clutter (turn on for higher-timeframe context). Daily Candle Patterns → Enable only if you want to see US/DS/IN/OUT labels on the daily close. Close Position (P/mP/mN/N) → Enable if you want to quickly see how strong/weak the daily close was. What You See on the Chart Teal circles = Last confirmed daily swing high (resistance). Maroon circles = Last confirmed daily swing low (support). Blue/purple circles (if enabled) = Weekly swing high/low. Light gray background = Start of a new trading day. Purple background (if weekly enabled) = Start of a new week. Small labels on daily close (if enabled): - US = strong bullish day - DS = strong bearish day - IN = inside bar (consolidation) - OUT = outside bar (expansion) - P/mP/mN/N = how far the close was from the high/low of the day. Best Timeframes 1 min to 240 min charts → Daily levels act as major support/resistance zones for intraday trading. Avoid using on daily or higher charts (the logic is designed for intraday context). Why this works well intraday: The daily swing high/low levels are high-probability zones where institutions and algorithms often defend positions. On intraday charts, they act as “magnets” for price, giving you clean entries and exits with clear invalidation levels. This indicator keeps your chart clean while providing exactly the context most intraday traders need: key daily levels + daily momentum context.
Pine Script® indicator
by fpsantoro
Breakout Swing High LowThis open-source indicator identifies swing high and swing low breakouts, providing clear visual signals for potential trend entries. It is designed for traders who use price action to spot breakout opportunities in trending markets. How It Works Swing Detection: The indicator uses a user-defined lookback period (default: 4 candles) to identify swing highs (peaks) and swing lows (troughs). A swing high is confirmed when a candle's high is higher than the surrounding candles, and a swing low is confirmed when a candle's low is lower. Breakout Signals: A green triangle below the candle signals a breakout above the most recent swing high, indicating a potential buy opportunity. A red triangle above the candle signals a breakout below the most recent swing low, indicating a potential sell opportunity. Each swing level triggers only one breakout signal to avoid clutter. Visualization: Swing high levels are drawn as green dashed lines, and swing low levels as red dashed lines, extending 15 candles for clarity. Breakout signals are marked with small triangles. How to Use Apply the Indicator: Add the indicator to your TradingView chart. Adjust Lookback: Set the "Lookback Candles" input (default: 4) to control the sensitivity of swing detection. Smaller values detect shorter-term swings, while larger values identify more significant levels. Interpret Signals: Green triangle (below candle): Consider a buy opportunity when price breaks above a swing high. Red triangle (above candle): Consider a sell opportunity when price breaks below a swing low. Combine with Other Tools: Use in conjunction with trend indicators (e.g., 50-period EMA) or support/resistance levels to filter signals in trending markets. Timeframes: Works best on higher timeframes (e.g., 1H, 4H) in trending markets to avoid false breakouts in sideways conditions.
Pine Script® indicator
by vanthucbk
Intraday CPR with Previous Highs and Lows and Swing Highs/LowsThis Pine Script indicator plots the Central Pivot Range (CPR) for the current trading day along with previous day's high (PDH), low (PDL), and swing high/low (Swing H/L) values. It also includes the high, low, and swing high/low values from two days back for reference. Key Features: Central Pivot Range (CPR): Pivot Point (PP): The central pivot point. Bottom Central Pivot (BC): The lower boundary of the CPR. Top Central Pivot (TC): The upper boundary of the CPR. The area between the BC and TC is shaded for better visualization. Previous Day and Two Days Back Values: Previous Day High (PDH) and Low (PDL): Plots the high and low of the previous trading day. Two Days Back High and Low: Plots the high and low from two trading days ago. Previous Day Swing High/Low: The highest high and lowest low from a specified period (swing period) of the previous trading day. Two Days Back Swing High/Low: The highest high and lowest low from a specified period (swing period) of two trading days ago.
Pine Script® indicator
by williamskima8754
1
Chainbey Ai - Swing High/Low Range📈 Chainbey Ai – Swing High / Swing Low Range Chainbey Ai – Swing High / Swing Low Range is a clean and powerful market-structure indicator designed to automatically identify key swing levels and visualize the active price range on any chart. This tool helps traders clearly see where price is reacting, consolidating, or preparing for a breakout. 🔹 What This Indicator Does ✔ Automatically detects the latest confirmed Swing High ✔ Automatically detects the latest confirmed Swing Low ✔ Draws horizontal levels for both swings ✔ Labels levels clearly as “Swing High” and “Swing Low” ✔ Highlights the range between swings using a background fill ✔ Updates dynamically as new market structure forms 🔹 Why It’s Useful Identify support & resistance without manual drawing Visualize consolidation zones instantly Spot breakout and fake-out areas faster Ideal for range trading, breakout trading, and trend confirmation Works perfectly with price action, volume, and order-flow concepts 🔹 Best Use Cases Crypto (Spot & Futures) Forex Indices Commodities (Gold, Silver, Oil) Timeframes: Works on all timeframes (especially strong on 15M, 30M, 1H) 🔹 How to Trade With It Buy bias when price holds above Swing Low inside the range Sell bias when price rejects from Swing High Breakout confirmation when price closes strongly outside the range Combine with volume, momentum, or liquidity concepts for higher accuracy 🔹 Customization Adjust Swing Length to control sensitivity Enable/disable range background fill Customize colors and transparency Extend swing levels to the right for forward guidance ⚠️ Disclaimer This indicator is a technical analysis tool, not financial advice. Always manage risk and confirm signals with your own strategy. 🔗 Built by Chainbey Ai Smart Structure • Clean Levels • Clear Ranges 🚀
Pine Script® indicator
by msurubel1
Crypto Anchored VWAP (Swing High/Low)Crypto Anchored VWAP (Swing High/Low) This indicator provides an automatic Anchored VWAP system designed specifically for highly volatile assets such as cryptocurrencies (ETH, BTC, SOL, etc.). Unlike traditional AVWAP tools that require manual date input, this script automatically anchors VWAP to the most recent swing high and swing low, making it ideal for real-time trend tracking and intraday/4H structure analysis. How It Works The script detects local swing lows and swing highs based on user-defined swing length. When a new swing point appears, an Anchored VWAP is initialized from that specific candle. As price evolves, the AVWAP dynamically becomes: A trend boundary A fair-value line A mean-reversion attractor Traders can use these levels to identify: Trend continuation Breakout confirmation Mean reversion pullbacks Overextended expansions Included Features ✔ Auto-Anchored VWAP from swing low ✔ Auto-Anchored VWAP from swing high ✔ Standard deviation bands (1σ) for volatility context ✔ Designed for Crypto 4H / 1H / 15m ✔ Works on any asset & any timeframe How To Use 1. Trend Direction Price above Swing-Low VWAP → Bullish bias Price below Swing-High VWAP → Bearish bias 2. Trade Setups Break → Retest → Hold above AVWAP = Trend continuation long Reject from AVWAP / σ band = Mean-reversion short setup AVWAP zone → High probability liquidity reaction 3. Volatility Bands Price touching +1σ = extension Price returning to 0σ = mean reversion Price breaking −1σ = trend weakening Inputs Swing Length: determines sensitivity of swing high/low detection (Default: 5) Best Use Cases ETH 4H trend following BTC structure shifts Altcoin volatility filtering Identifying institutional "cost basis" zones Confirming breakouts / fakeouts Notes This is not a trading system by itself but a structural tool meant to help traders understand trend and value location. Always combine AVWAP with market structure, volume, and risk management. Disclaimer This script is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. Use at your own discretion.
Pine Script® indicator
by Veigar
CM Gann Swing High Low V2CM Gann Swing High Low V2 Added Improvements: Used PineScript “linebr" code so solid lines plot only when condition = true. Via Inputs Tab: Ability to Turn On/Off Highlight Bars When Crossing Above/Below Swing High Low Ability to Turn On/Off Back Ground Highlights When Crossing Above/Below Swing High Low Ability to Turn On/Off linebr plots. Other Features: All Available Via Inputs Tab Ability to Adjust Moving Average Values to adjust Sensitivity. Ability to Turn On/Off Triangles Above/Below Bars based on Indicator. Ability to Turn On/Off Triangles at Top And Bottom Of Screen Showing Direction of Indicator. ***Basically you have Option to View Indicator about every way possible. ***Special Thanks to Glaz for Original Code.
Pine Script® indicator
by ChrisMoody
47
Swing-Based Volatility IndexSwing-Based Volatility Index This indicator helps traders quickly determine whether the market has moved enough over the past few hours to justify scalping. It measures the percentage price swing (high to low) over a configurable time window (e.g., last 4–8 hours) and compares it to a minimum threshold (e.g., 1%). ✅ If the percent move exceeds the threshold → Market is volatile enough to scalp (green background). 🚫 If it's below the threshold → Market is too quiet (red background). Features: Adjustable lookback period in hours Custom threshold for volatility sensitivity Automatically adapts to the current chart timeframe This tool is ideal for scalpers and short-term traders who want to avoid entering trades in low-volatility environments.
Pine Script® indicator
by crodl
Advanced Swing High/Low Trend Lines with MA Filter# Advanced Swing High/Low Trend Lines Indicator ## Overview This advanced indicator identifies and draws trend lines based on swing highs and lows across three different timeframes (large, middle, and small trends). It's designed to help traders visualize market structure and potential support/resistance levels at multiple scales simultaneously. ## Key Features - *Multi-Timeframe Analysis*: Simultaneously tracks trends at large (200-bar), middle (100-bar), and small (50-bar) scales - *Customizable Visualization*: Different colors, widths, and styles for each trend level - *Trend Confirmation System*: Requires minimum consecutive pivot points to validate trends - *Trend Filter Option*: Can align trends with 200 EMA direction for consistency ## Recommended Settings ### For Long-Term Investors: - Large Swing Length: 200-300 - Middle Swing Length: 100-150 - Small Swing Length: 50-75 - Enable Trend Filter: Yes - Confirmation Points: 4-5 ### For Swing Traders: - Large Swing Length: 100 - Middle Swing Length: 50 - Small Swing Length: 20-30 - Enable Trend Filter: Optional - Confirmation Points: 3 ### For Day Traders: - Large Swing Length: 50 - Middle Swing Length: 20 - Small Swing Length: 5-10 - Enable Trend Filter: No - Confirmation Points: 2-3 ## How to Use ### Identification: 1. *Large Trend Lines* (Red/Green): Show major market structure 2. *Middle Trend Lines* (Purple/Aqua): Intermediate levels 3. *Small Trend Lines* (Orange/Blue): Short-term price action ### Trading Applications: - *Breakout Trading*: Watch for price breaking through multiple trend lines - *Bounce Trading*: Look for reactions at confluence of trend lines - *Trend Confirmation*: Aligned trends across timeframes suggest stronger moves ### Best Markets: - Works well in trending markets (forex, indices) - Effective in higher timeframes (1H+) - Can be used in ranging markets to identify boundaries ## Customization Tips 1. For cleaner charts, reduce line widths in congested markets 2. Use dotted styles for smaller trends to reduce visual clutter 3. Adjust confirmation points based on market volatility (higher for noisy markets) ## Limitations - May repaint on current swing points - Works best in trending conditions - Requires sufficient historical data for longer swing lengths This indicator provides a comprehensive view of market structure across multiple timeframes, helping traders make more informed decisions by visualizing the hierarchy of support and resistance levels.
Pine Script® indicator
by doganayy2
4
Heikin Ashi & Swing Highs/LowsHeikin Ashi & Swing Highs/Lows Indicator Description: The "Heikin Ashi & Swing Highs/Lows" indicator combines Heikin Ashi candle analysis with the identification of significant swing highs and lows on the chart. This indicator is useful for traders looking to spot trend changes and key points in the market. Key Features: Heikin Ashi: Calculation and Visualization: Utilizes the Heikin Ashi method to smooth out the candlestick chart, helping to visualize trends and reduce market noise. Heikin Ashi candles are calculated from the standard candles (Open, High, Low, Close) and are displayed on the chart with a green color for bullish signals and red for bearish signals. Vertical Offset Adjustment: Provides options to adjust the vertical offset of the candles based on the selected timeframe, with specific adjustments for short, medium, long, and super-long periods. Swing Highs/Lows: Key Point Identification: Marks significant swing highs and lows on the chart using a configurable period. Swing highs are displayed in red and swing lows in green. Candlestick Patterns: Detects and labels common candlestick patterns such as: Hammer: A bullish candlestick pattern with a small body and a long lower wick. Inverted Hammer: Similar to the Hammer, but with a long upper wick. Bullish Engulfing: A two-candle pattern where a bullish candle completely engulfs a previous bearish candle. Hanging Man: A bearish pattern with a small body and a long lower wick, appearing at the end of an uptrend. Shooting Star: A bearish pattern with a small body and a long upper wick, appearing at the end of an uptrend. Bearish Engulfing: A two-candle pattern where a bearish candle completely engulfs a previous bullish candle. Settings: Timeframe: Allows you to select the desired timeframe to adjust the Heikin Ashi candle analysis. Vertical Offset: Customize the vertical offset of Heikin Ashi candles based on the selected timeframe. Swing Point Style: Configure the colors of the significant swing highs and lows on the chart. Recommended Use: This indicator is ideal for traders looking for a clear representation of trends through Heikin Ashi candles and who want to identify key reversal points in the market by detecting swing highs/lows and candlestick patterns. Benefits: Facilitates the identification of smooth trends and trend reversals. Provides a clear visual representation of critical market points. Helps traders recognize important candlestick patterns that may indicate changes in market direction.
Pine Script® indicator
by anarkiacapital
18
Historical Swing High-Low Gann IndicatorThe Historical Swing High-Low Gann Indicator is a powerful tool designed to track and visualize key market swing points over time. This indicator identifies significant swing highs and lows within a specified time frame and draws connecting lines between these points, allowing traders to observe the natural ebb and flow of the market. What sets this indicator apart is its ability to maintain all previously drawn swing lines, creating a comprehensive historical view of market movements. Additionally, the indicator projects Gann-style lines from the most recent swing highs and lows, providing traders with potential future support and resistance levels based on the geometric progression of price action. Features: Swing Detection: Automatically detects significant swing highs and lows over a user-defined period (default is 3 hours). Persistent Historical Lines: Keeps all previously drawn lines, offering a complete visual history of the market's swing points. Gann-Style Projections: Draws forward-looking lines from the latest swing points to help predict possible future market levels. Customizable Parameters: Allows users to adjust the swing detection period to suit different trading styles and time frames. This indicator is ideal for traders who rely on price action, support and resistance levels, and Gann theory for their analysis. Whether used in isolation or as part of a broader strategy, the Historical Swing High-Low Gann Indicator provides valuable insights into the market's behavior over time.
Pine Script® indicator
by ForecastKing
2
MonkeyblackmailThis script consists of several sections. test it and tell me your concerns. a lot of more works will be done Volume Accumulation : The first part of the script checks for a new 5-minute interval and accumulates the volume of the current interval. It separates the volume into buying volume and selling volume based on whether the closing price is closer to the high or low of the bar. Volume Normalization and Pressure Calculation : The script then normalizes the volume with a 20-period EMA, and calculates buying pressure, selling pressure, and total pressure. These calculations provide insight into the underlying demand (buying pressure) and supply (selling pressure) conditions in the market. RSI Calculation and Overbought/Oversold Conditions : The script calculates the RSI (Relative Strength Index) and checks whether it is in an overbought (RSI > 70) or oversold (RSI < 30) state. The RSI is a momentum indicator, providing insights into the speed and change of price movements. Volume Condition Check and Wondertrend Indicator : The script checks if the volume is high for the past five bars. If it is, it applies the Wondertrend Indicator, which uses a combination of the Parabolic SAR (Stop and Reverse) and Keltner Channel to identify potential trends in the market. Swing High/Low and Fibonacci Retracement : The script identifies swing high and swing low points using a specified pivot length. Then, it draws Fibonacci retracement levels between these swing high and swing low points. he monkeyblackmail script works well in the 5 minutes chart and combines several elements of technical analysis, including volume analysis, momentum indicators, trend-following indicators, volatility channels, and Fibonacci retracements. It aims to provide a comprehensive view of the market condition, highlighting key levels and potential trends in an easily understandable format. Don’t be too quick to start trading with it, first study how it work and you will blackmail the market.
Pine Script® indicator
by cerlc
CBG Swing HighLow MAThis indicator will show the swing high and lows for the number of bars back. It's very easy to use and shows good support and resistance levels. I then took it a step further and added a moving average with all the standard types in my indicators: SMA EMA Weighted Hull Symmetrical Volume Weighted Wilder Linear Regression I then added Bollinger Bands to show the standard deviation from the midline. Finally, I added a simple bar coloring scheme: green if above the upper BB, Red if below and orange if in the middle. I am just testing this out so please use with caution. If anyone in the community wants to run some backtests, that would be great and we would all appreciate it. Of course you can keep it all simple and turn off all the moving averages and bollinger bands. Enjoy! :-)
Pine Script® indicator
by GoldBands
5
YTC - Swing Highs & Lows v.2.0This Indicator Plots Swing Highs & Swing Lows based on Lance Beggs of (Your Trading Coach) definition: A Swing High (SH) is a price bar high preceed by two lower highs (LH) and followed by two lower highs (LH) In the event of multiple candles forming equal highs, this will still be defined as a swing high, provided that there are two candles with lower highs both preceding and following the multiple candle formation. Added the verification of all the possible casuistry: If there are two, three or four bars followed with the same highs or lows and surrounded with tiny bars Or two or three bars with equal highs or lows alternating with tiny bars. New parameter to activate repaint (NOT repaints by default)
Pine Script® indicator
by jatubio
11
Support and Resistance with Buy/Sell SignalsSwing Highs and Lows: The script identifies swing highs and lows using the ta.highest and ta.lowest functions over a user-defined swing_length period. Swing highs are treated as resistance levels. Swing lows are treated as support levels. Buy Signal: A buy signal is generated when the price closes above the resistance level (ta.crossover(close, swing_high)). Sell Signal: A sell signal is generated when the price closes below the support level (ta.crossunder(close, swing_low)). Plotting: Support and resistance levels are plotted on the chart. Buy and sell signals are displayed as labels on the chart. Background Highlighting: The background is highlighted in green for buy signals and red for sell signals (optional).
Pine Script® indicator
by kmootoo89