This indicator will simply plot on your chart the Daily/Weekly/Monthly previous candle levels.
The "Auto" mode will allow automatic adjustment of timeframe displayed according to your chart.
Otherwise you can select manually.
Indicator plots the open/close and colors the high-low range area in the background.
Hope this simple indicator will help you !
This is my code for something Trading View already gives us -- Pivot Points.
It's not really an indicator in itself, although when weekly highs or lows are broken it seems to be a big deal. I wrote this so I'd have something to play with.
Here’s one way to access previous values:
valuewhen(change(high_series) != 0, high_series, 1)
Designed for quick and clear visual analysis of market direction, aiming to high-light areas suitable for entry/exit
Channel width's are based on the average high and low difference over X period, and as such can help determine reasonable target price and stop distances.
There is no specific strategy to use with this indicator, it is only intended to...
This indicator shows the NYSE's new highs (green) and new lows (red).
Extreme trading days with more than 99 % new highs relative to new lows vice versa are marked via lines (theoretically values) and triangles (breaches).
Dieser Indikator zeigt die neuen Hochs (grün) und neuen Tiefs (rot) der NYSE.
Extreme Handelstage mit mehr als 99 %...
High and low of the day? Piece of cake, use AvDR 10 and 5 levels. Maroon are sell areas and lime are buy areas. Other AvDR levels available to plot. Like the Dude, the legend Lebowski said: Well, man, that's just my opinion.
created by AutemOx
This creates lines at yesterdays open, close, high, and low. It is pretty amazing use of the timenow and dayofweek variables if I say so myself 8)
MACD Indicator which plots local peaks and troughs in divergence.
"Classic" Divergence is specified as:
- A higher price, with reduced MACD high --> Potential Sell Point
- A lower price, with higher MACD low --> Potential Buy Point
"Alternative" Divergence is specified as:
- A higher MACD high, with reduced price --> Potential Sell Point
- A lower MACD low, with...
The “Recession Watch” indicator tracks 7 key economic metrics which have historically preceded US recessions. It provides a real-time indication of incoming recession risk.
This indicator gives a picture of when risk is increasing, and therefore when you might want to start taking some money out of risky assets.
All of the last seven recessions were preceded by a...