This is an interesting application of Tradingview's basic Pivot HL indicator. Pivot Average Indicator takes N number of the most recent Pivot Points (for both High and Low) and computes the average of the pivot points. The average price is then plotted on the chart. The number of pivot points to average is a user defined variable that can be adjusted in the...
Purpose: Fibonacci Pivot levels + Gann levels calculation and display on Chart automatically. Mainly expected to use these for intraday trading on NIFTY and BankNifty Display R1/R2/R3 - Pivot - S1/S2/S3 levels Also display GANN Levels of 720- / 540- / 360- / 270-/ 180- / 90- / 45- 45+ / 90+ / 180+ / 270+ / 360+ /540+ /720 + Same pivot levels are useful...
Hello Everyone. Almost one year later, with Pine version 4, I developed new version of the Divergence for many Indicator. It analyses divergences for 10 predefined indicators and then draws line on the graph. Red for negatif divergence (means prices may go down or trend reversal), Lime for positive divergences (means prices may go up or trend...
Hello Everyone! This is my new trend lines script (after beta version that was published almost one year ago) The idea is to find Pivot Highs (PH) and Pivot Lows(PL) first. Then, If current PH is smaller then previous PH (means no new higher high and possible downtrend) then draw trend line using them. and also it checks previous trend line (if exits) and if...
Trend Follow Indicator HTF "Auto" setting is: < 4Hour : "240" >= 4Hour and Intraday : "D" D: Weekly W: Monthly M: Yearly
Pivots detected at higher timeframes are more significant because more market activity—or work—is required to produce them. This indicator displays pivots calculated on the higher timeframe of your choice. Features ► Timeframe selection — The higher timeframe (HTF) can be selected in 3 different ways: • By steps (15 min., 60 min., 4H, 1D, 3D, 1W, 1M, 1Y). This...
I am looking for critique on this strategy based on LazyBear's Wavetrend indicator. The drawdown is high but profits are pretty impressive.
Who wouldn't like to be able to tell when the market actually reverses instead of just faking it? Every trader who has tried pivothigh/pivotlow functions for that, surely bumped into so many meaningless reversal signals, that probably got discouraged with this concept entirely. Yet, pivot points are very important. Only they need to be confirmed at least a little...
The script draws critical lines for IntraDay traders: 1) High/Low of the last Month - in Red/Green thick line 2) High/Low of the last Week - in Red/Green 3) High/Low of the first 30minute of the current trading day - in Yellow 4) High/Low of the first 5min of the trading day - in Grey
This scripts helps you identify Triangles and Wedges patters on all charts. The Right and Left settings can be increased to find bigger triangles and decreased to identify smaller ones If nothing shows up try increasing the following settings "Max slope of diags" "Lenght of line" "Max candles crossed" "Max distance between starting points" If the chart is too...
This indicator shows fractals in different timeframes. With the possibility of coloring the bars with any combination of current, daily, weekly and monthly timeframes. The return points are calculated as follows: high > last 3 highs and close above highest low low < last 3 lows and closes below lowest high The direction of higher timeframes fractals tend to be...
Private indicator. HI BIG PLAYERS AROUND THE WORLD, this script allows to draw automatically lines of AB=CD Pattern . The AB=CD Pattern is part of Harmonic Pattern . Parallel to the automatic drawing, the indicator can give signals as soon as the typically Fibonacci extension immediately reached or has been reached. This allows the indicator...
Private indicator. HI BIG PLAYERS AROUND THE WORLD, this script allows to draw automatically lines of Cypher Pattern . The Cypher Pattern is part of Harmonic Pattern . Parallel to the automatic drawing, the indicator can give signals as soon as the typically Fibonacci extension immediately reached or has been reached. This allows the indicator...
Private indicator. HI BIG PLAYERS AROUND THE WORLD, this script allows to draw automatically lines of 5-0 Pattern . The 5-0 Pattern is part of Harmonic Pattern . Parallel to the automatic drawing, the indicator can give signals as soon as the typically Fibonacci extension immediately reached or has been reached. This allows the indicator 5-0Pattern_ULTRA...
Private indicator. HI BIG PLAYERS AROUND THE WORLD, this script allows to draw automatically lines of Crab Pattern . The Crab Pattern is part of Harmonic Pattern . Parallel to the automatic drawing, the indicator can give signals as soon as the typically Fibonacci extension immediately reached or has been reached. This allows the indicator...
Private indicator. HI BIG PLAYERS AROUND THE WORLD, this script allows to draw automatically lines of NenStar Pattern . The NenStar Pattern is part of Harmonic Pattern . Parallel to the automatic drawing, the indicator can give signals as soon as the typically Fibonacci extension immediately reached or has been reached. This allows the indicator...