OVERVIEW The Auto Fibonacci Supports indicator is designed for financial market analysis, particularly in identifying key support levels. USER GUIDE: The Auto Fibonacci Supports indicator is designed to identify key support levels based on the Fibonacci retracement theory. These levels are significant in technical analysis as potential areas where price...
Adaptive MFT Extremum Pivots Overview: The Adaptive MFT Extremum Pivots indicator, developed by Elysian_Mind, is a powerful Pine Script tool that dynamically displays key market levels, including Monthly Highs/Lows, Weekly Extremums, Pivot Points, and dynamic Resistances/Supports. The term "dynamic" emphasizes the adaptive nature of the calculated levels,...
what is "Support and Resistance"? it is a support and resistance indicator. what it does? it draw support and resistance zones on the chart. how it does it? It determines the zones where the price leaves with a big candle after going horizontal for a while as support or resistance zones according to the price movement direction. while doing this, it compares the...
Ywaves identifies areas of extreme volatility that are out of the ordinary and highlights them for the trader. These areas are de facto areas of great interest for the market and therefore areas to monitor and work on. Thanks to a smoothing formula, it eliminates false positives that are sometimes too frequent and inconsistent. This script uniquness reside in the...
Description: This indicator uses pivot points to draw support and resistance for you in different timeframes. It also shows you the decrease in the increase of the currency compared to the resistance and support line, and you can see the end of the failures by the label. Manufacturer: This indicator was designed and developed by the VTA team.
A simple tool to find Support and Resistance. List of features: -MTF Support and Resistance -VWAP -PVSRA Candles Usage instructions: There are 4 boxes, each individual box can be assigned a separate time. The lookback period setting is used to specify the number of candles that you want to look back. The highesthigh and the lowestlow are now displayed as the...
This script draws price levels corresponding to the highest price reached in overbought situations, and the lowest price reached in oversold situations, depending on the oscillator and the timeframe the user has configured. These levels correspond, most of time, to good supports and resistances prices. Price levels drawings can be based on the following...
This script detects recent huge volume areas to help you finding out good support and resistance levels. For each of the 3 periods (defaults : 100, 200, 500) a new line will be drawn from the last time the volume amount exceeded n% (default 99%) of the highest volume on the same period, to the next occurence. Most of time, these lines represent strong...
This dataset projects the MA for BTC divided by the golden ratio (1.6) as well as the Fibonacci sequence (0, 1, 1, 2, 3, 5, 8, etc). These numbers are intertwined with markets, and have been an effective support level for key inflection points for Bitcoin's lows. This indicator is mainly focused on the large timeframe and is set to work best on the daily...
Trend Lines, Supports and Resistances. Triangles indicators for confirmations buy/sell. Use for binaries (1M-3M-5M) - LRG_Channel_TF_mins_D_W_M = 30 - Range = 1 - SML_Channel_TF_mins_D_W_M = 240 Use for forex/cryptocurrencies/indices (15M-1H-4H) - LRG_Channel_TF_mins_D_W_M = D - Range = 1 - SML_Channel_TF_mins_D_W_M = W
Adaptive Pivot Zones (with 4 each support and resistance areas and a main pivot zone). Coding and Copyright by Spreadburn / Daily Alpha.