The Donchian MA Bands script is a complete trend indicator derived from the popular Donchian channel indicator as well as various customizable moving averages to estimate trend direction and build support/resistance levels & zones. 🔶 USAGE The indicator outputs various elements, the main ones being a lower dynamic zone (blue by default), an upper...
The Range Detector indicator aims to detect and highlight intervals where prices are ranging. The extremities of the ranges are highlighted in real-time, with breakouts being indicated by the color changes of the extremities. 🔶 USAGE Ranging prices are defined by a period of stationarity, that is where prices move within a specific range. Detecting...
This indicator provides a new approach to creating price zones that can be used as support and resistance. The approach does not use pivot points or Fibonacci levels. Instead, it uses the frequency of occurence of local maxima and minima to determine zones of interest where price often changed direction. The algorithm is as follows: - Gather price data from the...
The Monthly Range Support & Resistance Levels is an advanced analytical tool designed to assess monthly price movements and provide potential support and resistance levels. This tool examines the average monthly price fluctuations over the past 7 months (default), and creates support and resistance levels based on the opening price. The indicator also considers...
The "Fibonacci Ranges" indicator combines Fibonacci ratio-derived ranges (channels), together with a Fibonacci pattern of the latest swing high/low. 🔶 USAGE The indicator draws real-time ranges based on Fibonacci ratios as well as retracements. Breakouts from a Fibonacci Channel are also indicated by labels, indicating a potential reversal. Each...
Description: The "Daily Trend" script is a powerful technical analysis tool designed for TradingView. This indicator helps traders identify key support and resistance levels based on daily price data. It offers a visual representation of these levels, along with other technical indicators like Exponential Moving Averages (EMA), Supertrend, and Parabolic...
Description It is used to create Fibonacci levels based on the backward 120/240/360 bar and to detect the bottoms and peaks in that range. The feature can be used by traders who trade at support and resistance. Showing 3 different levels retrospectively in the same time period allows support and resistance levels to be easily seen. Gray Levels: Gives...
This indicator works only for symbols where open interest data is available. The idea was to create a combination of Volume Delta, Open Interest, RSI, Moving Average and Support / Resistance as a unified tool. I created a Weighted Moving Average based on the Volume Delta (VDWMA). The idea behind this was to reflect the moving average on the difference between...
💎 Overview Voodoo Levels are a model for defining price action within defined ranges and their associated expansion levels. Levels detect volatility over a static timeframe and its associated expansion zone based off Fibonacci sequencing. This offers the user static levels at the opening price of the chosen timeframe. Paired with price action strategies, dynamic...
The Liquidity Sentiment Profile (Auto-Anchored) is an advanced charting tool that measures by combining PRICE and VOLUME data over specified anchored periods and highlights the distribution of the liquidity and the market sentiment at specific price levels. This version is a variation of the previously published Liquidity Sentiment Profile , wherewith this...
The Support and Resistance Signals MTF indicator aims to identify undoubtedly one of the key concepts of technical analysis Support and Resistance Levels and more importantly, the script aims to capture and highlight major price action movements, such as Breakouts , Tests of the Zones , Retests of the Zones , and Rejections . The script supports...
Support and Resistance Levels and Zones Indicator is an enhanced support and resistance indicator in that typical support and resistance levels are crucial concepts in technical analysis representing price levels where selling or buying momentum tends to halt, typically leading to a price reversal. The Support and Resistance Levels and Zones Indicator goes beyond...
The SuperTrend Zone indicator is a tool designed to help traders identify the best zone to enter in a position revisiting the usage of the standard SuperTrend indicator. In the settings you can chose the ATR length and the Factor of the indicator, and in addition to that you can also change the multiplier for the zone width. This indicator provide two different...
This indicator provides Flips Zones, to easily observe price action and the user can evaluate reversal zones. This indicator also includes warnings when flip zones appear. 🔶 SETTINGS - Current-Timeframe: Hide/Show Flips Zones in the current time frame. - High-Timeframe: Hide/Show Flips Zones in the High time frame. - Current Timeframe (color): Color Display...
The Floor and Roof indicator is a tool developed to help traders identify potential areas of support and resistance both for trend following and for mean reversal trading decisions. The indicator plots the "Roof" which is the main level of resistance, and the "Floor" which is the main level of support. These lines are calculated on the "Lenght" parameter and...
The "HTF Support / Resistance" indicator highlights critical price levels across multiple timeframes helping you recognize major support/resistance areas. Whether you're a day trader needing to understand the current day's price action, or a long-term investor looking to analyze yearly trends, this indicator can be a valuable addition to your trading...
The Support & Resistance Dynamic indicator aims to return real-time predictive support and resistance zones that are relevant to a detected trend. This makes this indicator similar to our previously published Predictive Ranges indicator. Users can additionally extend the most recent historical support and resistance zones. 🔶 USAGE Hypothetical resistance...
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...