This is a dynamic structure indicator designed to map potential support and resistance zones (in all markets). It does this by looking back x amount of candles to identify major swing highs and lows on the specified reference timeframe, and then it draws a zone between the highest/lowest wick and the highest/lowest candle close across the chart until a new zone...
www.tradingview.com This price action indicator calculated on the relationship of 3 adjacent bars/candles adds an extra dimension to my indicator mix and with a different perspective can help confirm or question an opinion formed by other indications (volume related, momentum, the chart itself and etc.). Further, I have traded with it a bit now and like it. So...
Support & Resistance Level and Supply & Demand Zone are very common and popular jargon in technical analysis. What is the difference between Support & Resistance Level and Supply & Demand Zone? In my opinion, Support & Resistance Level is the value of price that tested couple times and hard to break. The zone is formed by two adjacent levels where price may...
I could not find a pivots script that was entirely to my liking on TV so I re-worked this from the ' Shifted Pivots V1' script by RicardoSantos. You can choose which timeframe pivots you would like to display from day, week, month, and year. You can also choose how many levels of S/R you would like to show.
R/S is a indicator invented by Hirashima Sugita . The purpose of R/S is to provide automatic Support and Resisstance lines. A short period length adapt the indicator for short terms Supports and Resisstance and long period length to long terms support and resistance. Hirashima Sugita dont recommend to use this indicator for trade channel breakout. I...
This indicator was designed with people without Pro License in mind (Including many of my close friends). Basically, you will get a combo of few different tools in one box, with ability to turn them on and off with a single check mark, also, you have total control over the input numbers that was used in calculations if you so want to, for example, sometimes when i...
This is a custom Tradingview indicator that automatically plots descending trend lines above price bars. It will alert when the price closes above the trend line. The concept is straightforward: the trend line is formed by two adjacent peaks when the price is in a downtrend. It will save a lot of time for people (just like me) who uses trendline often. By...
The TPR(Trend Pullback Reversal) indicator forms a possible price trend with support and resistance lines. It also comes with a unqiue band and center line as additional features. TPR works on all timeframes and all symbols and all type of bar chart. TPR never repaints. There are 4 Parameters: Period: umber of bars used for calculations Factor:...
Helps to determine where will the price move as well as support and resistance levles.
Hello Traders...! Yet another indicator from myself following to my previous indicator "FIRST-5-MINUTES-ZONE-AND-HI-LO-BRKOUTS", this is TO IDENTIFY INTRADAY REVERSAL ZONES...!!! - It works on any time frame - along with those zones i have added two more lines Red and Green which will be used as Intraday Resistance and Support lines . - Pls donot...
The golden ratio is also called the golden mean or golden section. It has been used to analyze the proportions of natural objects as well as man-made systems such as financial markets. The mathematics of the golden ratio and of the Fibonacci sequence is intimately interconnected. The Fibonacci sequence is: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377,...
Cueing Off Support And Resistance Levels, by Thom Hartle The related article is copyrighted material from Stocks & Commodities. You can change Time Frame in the settings: Monthly, Weekly, Daily
Cueing Off Support And Resistance Levels, by Thom Hartle modified by HPotter for trade signals. The related article is copyrighted material from Stocks & Commodities.
This script is identical to: but it hasn't the multi-resolution functionality, which sometimes happens to be very glitchy
Simple support and resistance areas. The threshold parameter determines the sensibility. It works better if volume data is good. Remember to refresh the script once in awhile when applied to lower resolutions. //std1243cf0
This works only on charts with real volume...if it does work