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Pivot

Multi-Day VWAP V2Updated from V1. Chart the multi-day Volume Weighted Average Price ( VWAP ). Normally, the VWAP is tracked for the current day, from the first bar of the day (regular or extended session). The VWAP shows the current value of: -> sum(hlc3 * volume , barsForDay) / sum( volume , barsForDay), -> where 'barsForDay' is the total number bars that have elapsed during the day for the chart interval. The multi-day version tracks the VWAP for N days back, by averaging the previous N - 1 day bars VWAP and the current VWAP for the current bar (chart interval). This is very different that simply using a volume weighted moving average , since the closing VWAP values are used for the historical day bars. The results are interesting for intraday trades... especially for values of 1, 2, 3, 4, and 5 days. Version 2 includes the closing VWAP for the previous day. There are enough instances where the price chooses to bounce from the previous day's closing VWAP value that it is worth discussing. Usually this value is at or near the daily pivot, but sometimes not. Circled in the chart are some areas of recent SPY bounces on the previous day's closing VWAP. It seems that when the 5-Day VWAP and normal VWAP have "enough" percentage separation, that there can be good intraday swing opportunities using bounces off VWAP indicators. This is similar to waiting for Hourly/Daily/Weekly/Monthly/etc pivots to have "enough" separation to allow for swing setups. When pivots are "closely" spaced, odds are the price is range bound for the time period (daily range in the case of day pivots, etc). Previous closing VWAPs can be plotted for all 5 of the original. As with my other scripts, I welcome all comments to spark new ideas that we can all benefit from. Enjoy.
Pine Script™ indicator
by mortdiggiddy
5
HiLo Daily Fibonacci R1 by JustUncleLThis is another indicator in my Pivot level series. This one automatically draw Fibonacci levels based on the previous day's lowest (0%) and highest (100%) values, similar to a Fibonacci retracement. Manual TimeFrames can be given, it is just a text string though and is not checked, so needs to be a valid resolution eg: 60, 120, 240, 360, 480, 720, 1D, 1W, 1M, 2D, 2W, 3M LEVELS: Green = 100% - 200% Levels Blue = 0 - 100% Levels Red = -100% - 0 Levels Optionally can display historical Daily Fibonacci Levels.
Pine Script™ indicator
by JustUncleL
4
Auto Daily Fib Levels R2 by JustUncleLThis study is a variation of my "Automatic Daily Fibonnacci" indicator. This variation automatically draw Fibonacci Pivot levels (or optionally Classic Pivots) based on the previous day's highest and lowest points. The HLC3 is used as the default Daily Pivot level. Unlike the "Automatic Daily Fibonnacci", this indicator does not redraw/update levels on current day even if the price goes past the R3/S3 levels. Timeframe: is just a text string and is not checked, so needs to be a valid resolution eg: 60, 120, 240, 360, 480, 720, 1D, 1W, 1M, 2D, 2W, 3M Pivot LEVELS: Green = Pivot and Pivot Zone Blue = R1,S1 Levels and Zone Red = R2,S2 Levels and Zone Black = R3,S3 Levels
Pine Script™ indicator
by JustUncleL
5
B3 Fibonacci Pivot S/RFor my second share, I give you some levels I look at everyday for the ES minis. HLC/3 of the MTF (multi-time-frame) inputs = mean and Fib-levels formed as support and resistance zones. There are some websites that will show you 20 ways to figure out a pivot for the day's intraday workings, and this one always rang true for me. I keep it set at Res=D and Len=3or5 and use on hourly charts. This indicator is capable of doing like a Res=60m Len=8 for a 5m chart or something of that nature if you wish to test it out. I haven't tested it out for tick charts and I have noticed that this is good on index and commodity futures, and not so much other things. Uncanny to me how well this works as reversal awareness for ES. Doesn't mean that one will happen, or if it does that it will have trade-able juice, though it is very important awareness never-the-less. screencast.com
Pine Script™ indicator
by HammondB3
7
Posible Next Pivots Script//@posible next pivot //based in other codes //Modified by gverdu study(title="Posible Next Pivots", shorttitle="Next Pivots", overlay=true) sd = input(false, title="Show Daily Pivots?") sw = input(true, title="Show Weekly Pivots?") sm = input(false, title="Show Monthly Pivots?") sq = input(false, title="Show Quarterly Pivots?") sy = input(false, title="Show Yearly Pivots?") pivot = (high + low + close ) / 3.0 intradayTF=1000/interval dTF=1 wTF=1 mTF=1 TF=isintraday? intradayTF: isdaily? dTF:isweekly? wTF:ismonthly? mTF:0 daily=isintraday?TF:dTF weekly=isintraday?daily*7:wTF monthly=isintraday?weekly*4:mTF yearly=isintraday?monthly*12:12 // changes depending on the current time frame being displayed. day_offset = daily week_offset = weekly month_offset =monthly year_offset = yearly //day pivot dtime_pivot = security(tickerid, 'D', pivot ) plot(sd and dtime_pivot ? dtime_pivot: na, color=blue,title="Next Day Pivot",style=line, linewidth=3, offset=day_offset) //Next Weeks pivot wtime_pivot = security(tickerid, 'W', pivot ) plot(sw and wtime_pivot ? wtime_pivot : na, title="Next Weekly Pivot",style=line, color=red,linewidth=3, offset=week_offset) //Next Months pivot mtime_pivot = security(tickerid, 'M', pivot ) plot(sm and mtime_pivot ? mtime_pivot: na, color=purple,title="Next Month Pivot",style=line, linewidth=3, offset=month_offset) //Next Year pivot ytime_pivot = security(tickerid, '12M', pivot ) plot(sy and ytime_pivot ? ytime_pivot: na, color=orange, title="Next Year Pivot",style=line,linewidth=3, offset=year_offset)
Pine Script™ indicator
by gverdu
1
MACD Divergence MultiTimeFrame [FantasticFox]This is a MACD divergence on 3 time-frames, 1h, 4h and 1D. Please insert the indicator into a 1h chart, otherwise change the lengths' inputs. you will see H1,H2, H3, R1, R2 and R3 in green and maroon colors. H means hidden divergence, 1 regards to 1h, 2 to 4h, and 3 to 1D. If the color is green, its bullish, and if its maroon the divergence is bearish. Gray circles on 4h macd is for those traders who want to check the confirmation on Elliott wave changes. *Thanks to RicardoSantos MACD divergence.
Pine Script™ indicator
by FantasticFox
27
Vdub_Tetris_V0Still in test mode **UPDATE to include colour background BUY / SELL SIGNAL *** - Double channel with double conformation of pivot / trend reversal I have a similar concept to this running on MT4 which works quite well together. Both channels can be customised by changing minutes, D , W , M I haven't been able to test this out so feel free to do so yourself Plz not that Im not a coder, But Im learning :) The base of this code came from @RicardoSantos fib monthly ranges which I stripped out & modified and incorporated zigzag Clean chart
Pine Script™ indicator
by vdubus
33
CM_Pivot Points_M-W-D-4H-1H_FilteredFamous Filtered Pivots Indicator -Many TimeFrames Available CM_Pivot Points_M-W-D-4H-1H_Filtered ***Special Thanks to TheLark...AKA...The Coding Genius For Providing His Expertise... ***New Feature - Ability to turn On/Off Pivot Moving Average ***New Feature - Ability to turn On/Off Filtered Pivots (Explained Below) Available Timeframes (Change In Inputs Tab): 1 Hour 4 Hour Daily Weekly Monthly Yearly ***All Features Available in Inputs Tab -Ability to Plot just 1, or all Pivot Timeframes -Defaults to Monthly Pivots -Ability to turn On/Off Pivot Moving Average -Ability to turn On/Off Filtered Pivots -Ability to Plot S3 and R3 on 1 Hour and 4 Hour Pivots ***FILTERED PIVOTS!!! -THIS IS A WAY TO FIND THE HIGHEST PROBABILITY MOVES -IF CURRENT PIVOT IS GREATER THAN PREVIOUS PIVOT (INCLUDING MARKET THRESHOLD CALCULATION) THEN PIVOT, S1, & R2 PLOT -IF CURRENT PIVOT IS LESS THAN PREVIOUS PIVOT (INCLUDING MARKET THRESHOLD CALCULATION) THEN PIVOT, S2, & R1 PLOT -***THIS IS A WAY TO FILTER OUT PIVOTS AND ONLY PLOT THE LEVELS THAT ARE EXPECTED TO BE MAJOR SUPPORT AND RESISTANCE ***VIDEO COMING SOON WHERE i WILL GO OVER IN DETAIL THE THOUGHT PROCESS AND METHODOLOGY
Pine Script™ indicator
by ChrisMoody
87