Inspired and based on ismailcarlik's Trend Lines, Supports and Resistances. Additions include an overall upgrade to Pinescript v5, changes in the way resistance and support levels are calculated, improved visual queues, and additional customization options. This indicator is meticulously crafted to provide traders with visual tools for identifying trend lines,...
The Support Resistance Classification indicator shows SR levels from a user-defined range using higher time-frame data (HTF). Levels are classified 1 through 10 based on their strength, with lower values indicating stronger support/resistance levels. This indicator doesn't use visible range functionality, in contrast to our Support Resistance Classification...
Weekly Range Support & Resistance Levels Description: The Weekly Range Support & Resistance Levels analyzes weekly ranges and takes the average range of the last 30 weeks (default setting). It also takes the average +/- a standard deviation, and creates support & resistance levels/zones based on the weekly opening price. The levels will update each week,...
Hello Tradeurs, as per usual, I hope everyone is having a FAN-FRIGGIN-TASTIC day. With the soon incoming bull market approaching fast(Nov 7, 2022), there are a few ideas that I've really been trying to push out to help nail a few coins as they are near their bottom peak of this closing Bear Market. This one may seem very similar to the last one I posted but I...
This script uses the built-in pivothigh/pivotlow functions to find and identify new levels of basic support and resistance. The script will also automatically identify the first occurrence of a bounce/rejection off the most recent green/red line as well as automatically identify the first occurrence of a breakout of the most recent green/red line. This is a very...
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 is the PALindicator - this is where the price action happens, PAL stands for Price Action Lines ---------- What is this indicator showing? - there are 4 lines to work with - red and yellow lines represents bearish levels - blue and green lines represents bullish levels - you can understand this indicator as dynamic support & resistance ...
Support and resistance zones are used across all markets by traders and bots alike to identify liquidity and possible bounce areas. This script automates the drawing of those zones based on a number of variables, such as lookback period, channel width, number of touch confirmations and more. This script also implements a some useful alerts so you can rest easy...
TM24_INTRADAY_SWING_TOOL_SPECIAL helps to identify following Things for Intraday-Swing Position on 5- 60 Minutes + timeframe along with Trend, Support , resistance , reversal and Breakout levels. 1. Market Trend (Different Timeframe) 2. Price Direction 3. Area of Support & Resistance 4. Price Momentum Terminology Use ==> Red for downtrend and green for...
Hi Everyone Thought I'd share this support and resistance script. This has two settings on it which are resolution (timeframe) and the number of bars back to look. The default setting is 1 Week and 2 bars which is the one I like using the most. The highest high and lowest low are indicated by the thicker red lines on the chart. Enjoy using this. Cheers Mike
This script will figure out if we're currently in an uptrend or downtrend and will plot price targets automatically. -Blue price lines are likely soft stops (not always). -Green price lines indicates we're currently in an uptrend for that timeframe and provides some hard stop resistances. -Red price lines indicates we're currently in a downtrend for that...