Previous Day & Week High and Low + Daily Separators + 50% of Weekly Range
Description of the Script **Script Name:** S&R Precision Cloud by Dr. Abhiram Sivprasad **Overview:** This script is designed to identify key support and resistance levels using the Central Pivot Range (CPR) methodology along with daily, weekly, and monthly pivots. It incorporates the Lagging Span from the Ichimoku Cloud to enhance decision-making in trading...
The "Asymmetric Volatility" indicator is designed to visualize the differences in volatility between upward and downward price movements of a selected instrument. It operates on the principle of analyzing price movements over a specified time period, with particular focus on the symmetrical evaluation of both price rises and falls. User Parameters: - Length:...
This strategy is based on trading signals derived from the behavior of the Volatility Index (VIX) relative to its 10-day moving average. The rules are split into buying and selling conditions: Buy Conditions: The VIX low must be above its 10-day moving average. The VIX must close at least 10% above its 10-day moving average. If both conditions are...
The indicator draws a box between the closing price of one candle and the opening price of the next whenever a gap occurs, helping traders easily spot potential areas of interest where the market has skipped over price levels. The boxes do not extend beyond the gap itself, keeping the chart clean and focused on the price action. Features: Detects both upward and...
a combination of my fav indicators. this indicator combines elements of trend detection, volume and volume history to create buy and sell signal for both short-term and long-term trades.
2x ATR Horizontal Rays Indicator This script plots horizontal rays based on the 2x ATR (Average True Range) of the previous candle. It helps traders visualize key support and resistance levels by extending lines from the last candle's price, calculated with a 2x ATR multiplier. The indicator draws two lines: Upper ATR Line: Positioned above the previous candle’s...
Indicator Description: Equal Volume Candle Chart This indicator creates a real-time candlestick chart where each candle forms upon the completion of a specific volume threshold, rather than within fixed time intervals. The candles update dynamically based on the total volume traded, providing a unique perspective that incorporates market activity directly into...
Daily settlement prices reflect the fair market value of the underlying commodity or financial instrument, as determined by buyers and sellers during the settlement period or “close”. The price quoted in the evening news for items like a bush of corn, a barrel of crude oil, or a 10-year U.S. Treasury note frequently use the settlement price for the corresponding...
Here’s a summary of how the script works: Input Parameters: emaLength: The length of the EMA (default is 90). stdDevMultiplier: A multiplier for the standard deviation (default is 1.0). EMA Calculation: The script calculates the EMA based on the close price of the chart and the specified emaLength. Standard Deviation Calculation: It calculates the standard...
This indicator identifies institutional order blocks and provides detailed analytics for trading decisions.
This TradingView script is designed to analyze and visualize market trends by showing the percentage drops from the all-time high (ATH) of a stock or any other financial instrument. It also calculates and displays key statistical levels such as the mean, median, and various percentage thresholds. This indicator helps traders identify significant retracement levels...
Introducing the Swing Trend Analyzer: A Powerful Tool for Swing and Positional Trading The Swing Trend Analyzer is a cutting-edge indicator designed to enhance your swing and positional trading by providing precise entry points based on volatility contraction patterns and other key technical signals. This versatile tool is packed with features that cater to...
Introduction The Fibonacci Retracement tool is a go-to for traders looking to spot potential support and resistance levels. By measuring the distance between swing highs and lows, you can apply Fibonacci ratios like 0.236, 0.382, and 0.618 to predict key market levels. Traditionally, these levels are set by dividing this distance into equal parts—known as...
Library "Waves" Methods for elliot wave detection method delete(this) deletes the subwave drawing Namespace types: Subwave Parameters: this (Subwave) : Subwave object to be deleted Returns: deleted subwave object method delete(this) deletes the wave drawing and the corresponding subwaves Namespace types: Wave Parameters: this...
Hi all! This is a very simple indicator. It plots the high timeframe (configurable via the "Timeframe" setting) high/low current timeframe bars (that has the same high/low as the higher timeframe) as supply/demand. The higher timeframe bar that's chosen is the one that's next last. As of now one high and one low zone is plotted. The defaults are based on useful...