Pivot Points
zigzag PivotsThis is based on two model : the first is the zigzag model of Ricardo Santos
the second is a pivot system for high and low to find resistance made by jaggedsoft
I try to show the connection between them and to form a cross of when the zigzag model crossing the pivot model
this is seen in show sig
best approach is to find the low based on the pivot system and try to make your buy around that spot . when there is high resistance either exit or buy when the asset cross it above . in case of short do the opposite
US Recessions Credit to Sinuhet for creating the primary script. My change just gets rid of the bug that had erred in indicating another recession in 2015/2016.
Weekly OHLC UpdatedWeekly OHLC first edit is to include a standard style.
From here we'll be adding a few moving averages and a few other things I find helpful in both in crypto and FOREX trading.
Classical Min and MaxClassical tool for detection of Minimum and Maximum. Definition is given in the code.
Sharp Modified PivotsThis uses everget's implementation of the Sharp Modified Moving Average to plot pivot points.
It can also show you when to exit your long or short positions if you toggle the option.
Check out everget's scripts at www.tradingview.com
Pivot Stop LossHere we intend to use pivot points for stop loss and take profit. This has the added benefit of helping you to visualize support and resistance levels.
Fibonacci Pivot RangeThis is based on Fibonacci Pivot Points. I forked "CristianD CD_PivotR" code for this. Thanks
"Fibonacci Pivot Points start just the same as Standard Pivot Points. From the base Pivot Point, Fibonacci multiples of the high-low differential are added to form resistance levels and subtracted to form support levels."
Pivot Point (P) = (High + Low + Close)/3
Support 1 (S1) = P - {.382 * (High - Low)}
Support 2 (S2) = P - {.618 * (High - Low)}
Resistance 1 (R1) = P + {.382 * (High - Low)}
Resistance 2 (R2) = P + {.618 * (High - Low)}
Adding more support or resistance levels should be really easy.
Up Down Alerts with MA Controlsimple up down candle alerts with a built in MA control
backtesting script:
Open High Low HTFModification of TraderX0's script, all credits go to him. I simply modified it so it also includes the weekly and monthly options.
Useful for establishing bias on lower timeframes.
Fibonacci Pivots: last days trade or user defined by irenabyssThis takes the high, low and close from day prior OR Allows the user to set a high, low and close then plots the fibonacci pivot points for the current days trading.
Recommended to use intraday (I use 5 min chart).
Daily 9 EMA Plotted at Other Than Daily Time Frame
Credit to the great @Zoen Triste for his original script at:
I just amend it for the Daily, 4H and other time frames. The main function of the Daily 9EMA (pink line) is to easily distinguish the big trend. It is also for multi time frames dynamic support / resistance when trading using tf lower than Daily, without having to toggle between the time frames. Everything is there at a single time frame chart. I like to day trade and switch to swing trade when there is a solid setup for it. To be able to do that, I use 15mins tf together with the Daily 9EMA, 4H 34EMA and 4H 21EMA.
How to trade using this setup?
First of all, if price is below the pink line (Daily 9EMA), it means the big trend is downtrend (and vice versa). When price retrace and reach the blue (4H 21EMA) or black (4H 34EMA) or the pink (Daily 9EMA) line (look at the red arrows), if there is bearish divergence / slingshot at the MACD's histogram together with a reversal candle such as pin bar (shooting star), dark cloud cover or bearish engulf, it's a short setup. We don't need to put the Stop Loss immediately. We can wait for the price to resume in the direction of the big trend to trail the SL.
I do add up daily and weekly pivots and trendlines for additional support / resistance for greater confidence. If the above setup occurs at certain pivots and trendline, we'll have a very high probability setup. Please see the zoomed-in chart as below:
When price is above the pink line, the setup is just the opposite.
My conclusion: When day trading using this setup at smaller time frames such as 15mins, we don't have to toggle between 4H and 15min time frames to see where is the EMA21 and EMA34 at 4H for the moment.
It's like we are able to see a microscopic and bird's eye views at the same time using a single time frame chart.
gaps&wicksA means for tracking price ranges for gap up/down and longer buying/selling tails. This may have some value for buying/selling opportunities based on the relative significance of the range. The look back period is adjustable and works for any time frame. If you have any success using it leave some feedback.
-Squam
Pivot Points (with Mid-Pivots)Brief Description
Pivot points are horizontal support and resistance lines placed on a price chart. They make strong levels of support and resistance because banks, financial institutions and many traders use them.
The indicator is set to the Daily Pivot Range by default (no support for weekly, monthly, quarterly, or yearly Pivots).
Indicator Settings
Show Mid-Pivots?
Show R3 and S3 levels?
breakout and swingA Price Action system that use swing point and breakout
above the black line (breakout) is long, below short
swing/support/resistance points (blue circles) are displayed after a top or botton, breaking it means an inversion
red circles try to guest a target after a top/bottom or after a swing break.
the main trend is made by the black line that is set on Day period suitable for 1h to 15m time frame , for small TF you can set a smaller period from setting command
By default a set a 40 period channel high/low (the highest and lowest 40 bar back) that is ok for 1 h or smaller tf , but look to long for daily tf, adjust it yourself
Alto Basso Swing Pivots + Barry Support Resistance Levels2 indicators, 1 script: swing pivots and Barry support resistance levels
Alto
high swing pivot
Basso
low swing pivot
Dal Segno
lookback period length for swing pivots
Barry Length
length for support resistance calculation
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Use swing pivots for confirmation of new structure levels on short term
Barry support resistance levels in proximity to standard pivots or Fibonacci levels may indicate greater strength
credit to BacktestRookies and likebike
stay ♯
Example: Dal Segno 13, Barry Length 21
Auto Fibonacci Retracement levels by BDmy english is not good for explanation, you can try and understand
automatic start finding by given length. draw automatic fibo. from lowest to highest. or from highest to lowest.
3/9/27/9 Zero Lag EMA / EMA / Pivots / Dynamic Support (Fixed)// Fixed error message "Index should not be negative(-8)"
//
// @author lonestar108
//
study(title = "3/9/27/9 Zero Lag EMA / EMA / Pivots / Dynamic Support", shorttitle="3/9/27/9 ZLEMA/EMA/Pivots/Support", overlay=true)
src=close
lengths=input(3, title="Short Period Length")
length=input(9, title="Fast Period Length")
length2=input(27, title="Slow Period Length")
plen=input(9, minval=1, title="Pivot Period Length")
// ema, zero lag ema
ema1=ema(src, length)
ema2=ema(ema1, length)
d=ema1-ema2
zlema=ema1+d
ema3=ema(src, length2)
// ema, zero lag ema
ema4=ema(src, length)
ema5=ema(ema4, length)
d2=ema4-ema5
zlema2=ema4+d
ema6=ema(src, length2)
// pivot points
highest_high = highest(high, plen)
highest_dev = dev(highest_high, plen) ? na : highest_high
high_pivot = highest_dev
high_series = fixnan(high_pivot)
lowest_low = lowest(low, plen)
lowest_dev = dev(lowest_low, plen) ? na : lowest_low
low_pivot = lowest_dev
low_series = fixnan(low_pivot)
// Sell Setup
priceflip = barssince(closeclose and priceflip
sell = sellsetup and barssince(priceflip!=9)
sell8 = sellsetup and barssince(priceflip!=8)
sellovershoot = sellsetup and barssince(priceflip!=13)
sellovershoot1 = sellsetup and barssince(priceflip!=14)
sellovershoot2 = sellsetup and barssince(priceflip!=15)
sellovershoot3 = sellsetup and barssince(priceflip!=16)
// Buy setup
priceflip1 = barssince(close>close )
buysetup = close<close and priceflip1
buy = buysetup and barssince(priceflip1!=9)
buy8 = buysetup and barssince(priceflip1!=8)
buyovershoot = barssince(priceflip1!=13) and buysetup
buyovershoot1 = barssince(priceflip1!=14) and buysetup
buyovershoot2 = barssince(priceflip1!=15) and buysetup
buyovershoot3 = barssince(priceflip1!=16) and buysetup
// TD lines
val= buy !=sell
TDhigh = valuewhen(val,high ,0)
val1= sell !=buy
TDlow = valuewhen(val1,low ,0)
////////////////////////////
// PLOTTING
icolor=rising(zlema,1) ? lime : red
plot(zlema, color=yellow, linewidth=1)
plot(ema3, color=lime, linewidth=1)
plot(high_series, style=circles, color=lime, linewidth=1)
plot(low_series, style=circles, color=red, linewidth=1)
plot(high_pivot + 1, color=red, style=circles, linewidth=3)
plot(low_pivot - 1, color=lime, style=circles, linewidth=3)
plot(cross(zlema, ema3) ? rising(zlema,1) ? low - 1 : high + 1 : na, color=icolor, style=cross, linewidth=2)
plot(cross(zlema2, ema3) ? rising(zlema2,1) ? low - 1.25 : high + 1.25 : na, color=yellow, style=circles, linewidth=2)
plot(cross(zlema2, ema6) ? rising(zlema2,1) ? low - 1.35 : high + 1.35 : na, color=orange, style=circles, linewidth=2)
plot(cross(close, ema3) ? rising(zlema,1) ? low - 1.15 : high + 1.15 : na, color=fuchsia, style=circles, linewidth=2)
plotchar(buy,'9b','9',location.belowbar,color=lime,transp=0)
plotchar(sell,'9s','9',location.abovebar,color=red,transp=0)
plotchar(buy8,'8b','8',location.belowbar,color=lime,transp=0)
plotchar(sell8,'8s','8',location.abovebar,color=red,transp=0)
plot(TDhigh ? TDhigh : na ,style=circles, linewidth=1, color=lime,offset=-9)
plot(TDlow ? TDlow : na ,style=circles, linewidth=1, color=red, offset=-9)
barcolor(sellovershoot? #FF66A3 : sellovershoot1? #FF3385 : sellovershoot2? #FF0066 : sellovershoot3? #CC0052 : buyovershoot? #D6FF5C : buyovershoot1? #D1FF47 : buyovershoot2? #B8E62E : buyovershoot3? #8FB224 : na)
// Uncode for line chart with indicators //
c = sell? #FF0000 : buy? #00FF00 : sellovershoot? #FF66A3 : sellovershoot1? #FF3385 : sellovershoot2? #FF0066 : sellovershoot3? #CC0052 : buyovershoot? #D6FF5C : buyovershoot1? #D1FF47 : buyovershoot2? #B8E62E : buyovershoot3? #8FB224 : #c0c0c0
plot(close, color=c, linewidth=1)
MG - Multiple time frame pivot alert - 1.0Indicator currently allows pivots from two time frames (ideally a trading time frame and a higher time frame) to be specified.
In the example, the 1H time frame is being used for entries using the 4H time frame (8 candles pivot width = 2 4H candles) as the trading time frame and the daily chart (48 candles pivot width = 2 daily candles) as the higher time frame.
This allows one to visually higher time frame Fibonacci swings and allows them to accurately perform Fibonacci analysis without having to switch to a higher time frame
