The purpose of the base and conversion lines is to give an indication of the current trend but the numerous crossings and false signals make it noisy and unreliable. This new indicator dubbed the the Ichimoku Cloud Pivot is based on an average of the IC leading spans without the time offset which are further filtered through a Donchian Channel. The result is the...
This script was recently shared for limit only orders here: This version does not worry about keeping orders in the books and moving them around, instead it will simply market in and out. I am sharing this to reveal the difference between the 2 setups.
This script provides basic pivot point Support and Resistance Levels to the user whilst displaying Break signal tags. It also has the ability to let the user display more significant breaks by filtering using the Volume Oscillator. Only more significant breaks of these basic levels are displayed to the user when optimized which avoids noise and messy signals. It...
Shows Bullish and Bearish AB=CD Harmonic Patterns with Pivot High, Pivot Low and Pivot Line
Hello guys, I would like to introduce you pivot support and resistance horizontals. It draws line horizontals on high and low high pivot candles . You can select lines on this timeframe and/or another one. The colors are dynamic depending whether price is below or above the line: for the current timeframe green is used for support and blue for resistance for...
Hello Traders, This is Cumulative Delta Volume script. Delta refers to the difference between buying and selling volume at each price level. Cumulative Delta builds upon this concept by recording a cumulative tally of these differences in buying vs selling volume. The Cumulative Delta indicator plots as candlesticks or line. One of the main uses of Cumulative...
This indicator shows POC (Point of Control) and VA (Value Area) High and Low as well as the developing ranges. This indicator makes use of the new arrays which means the resolution for calculating POC and VA is up to 100k bins at, in most cases, tick resolution and allows for custom time-frames. Not much else needs to be said about this indicator. Happy Trading Hancock
Auto Analysis Short-term Reversals Exploration Based on a study by Larry Lovrencic Closing Price Reversals Automatic Analysis Hook Reversals Automatic Analysis Island Reversals Automatic Analysis Key Reversals Automatic Analysis Open/Close Reversals Automatic Analysis Pivot Point Reversals Automatic Analysis
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Shows central pivot point and developing central pivot point and colors both pivot ranges based on pivot criteria without using security function calls. Green - Indicates up trend Red - Indicates down trend Orange - Indicates pivot point territory Happy trading Hancock
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Chart Traders: Camarilla Pivot point indicator gives you support and resistance level. This indicator give (h1 to H5) five resistance level and (L1 to L5) support level. You can buy at any support level with reversal sign and sell at resistance with reversal sign. In this indicator you can also see the next day Camarilla pivot points.
Hello Traders! After the addition of "Arrays" to the Pine, I developed new and improved version of Support Resistance - Dynamic script as version 2. In this script Arrays were used. This can be used as Support Resistance tool, also it will be an example for the people who want to learn Array usage in Pine. Many thanks to Pine Team for adding Arrays! The...
Tägliche Gewinne mit dem Fibonacci-Trading Indikator Die Notierungen bewegen sich in liquiden Märkten in Fibonacci-Verhältnissen. Mit diesem Indikator erhalten Sie für Tagesgeschäfte und für Positionstrades auf Basis einer Woche oder eines Monats Informationen, wo Sie in den Markt einsteigen sollten und was das mindeste erreichbare Kursziel ist. Dieses Kursziel...
Hello. This script aims to take into account mutable variable Pivot Points' periods. While doing this, it takes the period between 2 signals that I use in the script: And these periods in my Pivot HL function integrated into len length (Mutable variables) : The cornerstone of the script is these facts. Pivot can be optimized by playing with reversal...
THIS strategy is based on the franklin ochao swing trade book confirmed bullish - when ever stock closed above R2 (more bullish) when ever stock closed between R1 AND R2 (moderatly bullish or consolidation phase with respect to previous trend) entry1 for more bullish trend is buy at every dips means when ever price low below pivot when it open above the pivot...
We use fibonacci in many things, why not the Pivot? Hey, it does works, price does reacts to the fibonacci off the pivot. Pivots are road map for the price, fibonacci are just some stops or gas stations appear on the road, with these additional lines, there's more time for price to think about which way it'd move, therefore, more time for us traders to track...
Hello Traders, With the info "Trend is Your Friend ", you should not take position against the trend. This script checks multipte moving averages if they are above/below the closing price and try to find trend. The moving averages with the length 8, 13, 21, 34, 55, 89, 144, 233, 377 used. these are fibonacci numbers, but optionally you can change the lengths...