High

Percentage Levels by Timeframe Plots the positive and negative percentage levels from a selection of timeframes and sources for any ticker. You can use this within a pullback trading system. For example, if you historically look at the average pullback of large cap stocks and ETF's, you can use this indicator to plot the levels it could pullback to for an entry to go long. It can be used as potential targets when trading a ticker short. Another use for this is to backtest the set percentage targets using PulseWire's bar replay feature to see how ETF's and large cap stocks have reacted at these levels. Note: This is intended to be used at timeframes equal to higher than the chart's as it may cause re-painting issues. Currently percentage levels are statically set to 1, 3, 5, 10, 15, 20, 25, and 30% levels above and below the chosen source (open, high, low, close). You can also display the data based on timeframes from Daily (1D) all the way up to Yearly (12M) *Not financial advice but in my opinion the current percentage levels set (see above) are best used for ETF's and Large Cap Stocks. Jan 2 Release Notes: Added the ability to select the historical bars to look back when plotting levels Jan 2 Release Notes: To get a better display or proper resolution on your charts, change the view settings to "Scale Price Chart Only" Jan 2 Release Notes: To add % labels for this indicator on the price axis, change your chart settings to include "Indicator Name Label" & "Indicator Last Value". You can find this under the Label section after hitting the gear icon in the bottom right of your chart. Jan 2 Release Notes: Added: Custom Line Plot Extension Settings. Ideally both values should be equal to display optimal extended lines. To return to a base setting: '1' = Historical Lookback & '0' = Offset Lines. Also note this is dependent on the timeframe you are viewing on the chart. Jan 2 Release Notes: Removed indicator from example chart that was not needed. Jan 2 Release Notes: Updated some comments in the Pine Script Jan 2 Release Notes: Update: Added commentary and instructions in the indicator settings to address recommended line plot settings for Stocks/ETF's vs Futures Jan 2 Release Notes: Changed title from "Calculation Method" to "Calculation Source" Jan 4 2021 Normal use of security() dictates that it only be used at timeframes equal to or higher than the chart's as it may cause re-painting

Indicator

by thacoolbreeze

K's Volatility Bands Volatility bands come in all shapes and forms contrary to what is believed. Bollinger bands remain the principal indicator in the volatility bands family. K's Volatility bands is an attempt at optimizing the original bands. Below is the method of calculation: * We must first start by calculating a rolling measure based on the average between the highest high and the lowest low in the last specified lookback window. This will give us a type of moving average that tracks the market price. The specificity here is that when the market does not make higher highs nor lower lows, the line will be flat. A flat line can also be thought of as a magnet of the price as the ranging property could hint to a further sideways movement. * The K’s volatility bands assume the worst with volatility and thus will take the maximum volatility for a given lookback period. Unlike the Bollinger bands which will take the latest volatility calculation every single step of time, K’s volatility bands will suppose that we must be protected by the maximum of volatility for that period which will give us from time to time stable support and resistance levels. Therefore, the difference between the Bollinger bands and K's volatility bands are as follows: * Bollinger Bands' formula calculates a simple moving average on the closing prices while K's volatility bands' formula calculates the average of the highest highs and the lowest lows. * Bollinger Bands' formula calculates a simple standard deviation on the closing prices while K's volatility bands' formula calculates the highest standard deviation for the lookback period. Applying the bands is similar to applying any other volatility bands. We can list the typical strategies below: * The range play strategy : This is the usual reversal strategy where we buy whenever the price hits the lower band and sell short whenever it hits the upper band. * The band re-entry strategy : This strategy awaits the confirmation that the price has recognized the band and has shaped a reaction around it and has reintegrated the whole envelope. It may be slightly lagging in nature but it may filter out bad trades. * Following the trend strategy : This is a controversial strategy that is the opposite of the first one. It assumes that whenever the upper band is surpassed, a buy signal is generated and whenever the lower band is broken, a sell signal is generated. * Combination with other indicators : The bands can be combined with other technical indicators such as the RSI in order to have more confirmation. This is however no guarantee that the signals will improve in quality. * Specific strategy on K’s volatility bands : This one is similar to the first range play strategy but it adds the extra filter where the trade has a higher conviction if the median line is flat. The reason for this is that a flat line means that no higher highs nor lower lows have been made and therefore, we may be in a sideways market which is a fertile ground for mean-reversion strategies.

Indicator

by Sofien-Kaabar

Time-of-Day Deviation Creates a 'Time-of-Day' Deviation cone starting from the first bar of the session based upon data from previous days.

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DailyDeviation Library "DailyDeviation" Helps in determining the relative deviation from the open of the day compared to the high or low values. hlcDeltaArrays(daysPrior, maxDeviation, spec, res) Retuns a set of arrays representing the daily deviation of price for a given number of days. Parameters: daysPrior : Number of days back to get the close from. maxDeviation : Maximum deviation before a value is considered an outlier. A value of 0 will not filter results. spec : session.regular (default), session.extended or other time spec. res : The resolution (default = '1440'). Returns: Where OH = Open vs High, OL = Open vs Low, and OC = Open vs Close fromOpen(daysPrior, maxDeviation, comparison, spec, res) Retuns a value representing the deviation from the open (to the high or low) of the current day given number of days to measure from. Parameters: daysPrior : Number of days back to get the close from. maxDeviation : Maximum deviation before a value is considered an outlier. A value of 0 will not filter results. comparison : The value use in comparison to the current open for the day. spec : session.regular (default), session.extended or other time spec. res : The resolution (default = '1440').

Library

Daily Deviation Shows you the normal deviation from the OPEN based upon historical data. Levels measured: Normal range (1 standard deviation) of the CLOSE (vs the OPEN). Normal daily HIGH +1, +2, +3, and +4 standard deviations. Normal daily LOW -1, -2, -3, and -4 standard deviations. Configuration: Always shows you the normal CLOSE vs OPEN range for the current session. Can display previous day's ranges (extra days) based upon the calendar (not trading days). Normally displays which levels have been exceeded (to reduce noise and keep auto-scale to a minimum), but can show all the ranges for the current session. The default number of days to measure (50) will affect the accuracy but outliers are cleaned to avoid dramatic variance. Note: These are only statistical representations of what has occurred in the past. You can interpret the current price as oversold or overbought for the day (and only that day) relative to the OPEN. Gaps high or low are not considered in the equation.

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DailyLevels Library "DailyLevels" Functions for acquiring daily timeframe data by number of prior days. openD(daysPrior, spec, res) Gets the open for the number of days prior. Parameters: daysPrior : Number of days back to get the open from. spec : session.regular (default), session.extended or other time spec. res : The resolution (default = '1440'). Returns: The open for the number of days prior. highD(daysPrior, extraForward, spec, res) Gets the highest value for the number of days prior. Parameters: daysPrior : Number of days back to get the high from. extraForward : Number of extra days forward to include. spec : session.regular (default), session.extended or other time spec. res : The resolution (default = '1440'). Returns: The high for the number of days prior. lowD(daysPrior, extraForward, spec, res) Gets the lowest value for the number of days prior. Parameters: daysPrior : Number of days back to get the low from. extraForward : Number of extra days forward to include. spec : session.regular (default), session.extended or other time spec. res : The resolution (default = '1440'). Returns: The low for the number of days prior. closeD(daysPrior, spec, res) Gets the close for the number of days prior. Parameters: daysPrior : Number of days back to get the open from. 0 produces the current close spec : session.regular (default), session.extended or other time spec. res : The resolution (default = '1440'). Returns: The close for the number of days prior. hlc3D(daysPrior, extraForward, spec, res) Gets the HLC3 value for the number of days prior. Parameters: daysPrior : Number of days back to get the HLC3 from. extraForward : Number of extra days forward to include. Determines the closing value. spec : session.regular (default), session.extended or other time spec. res : The resolution (default = '1440'). Returns: The HLC3 for the number of days prior.

Library

Daily HIGH/LOW strategy This is a DAILY High/LOW strategy combined with a moving average and volume for more accuracy. The rules are simple : For long if we had a cross of the high with the previous high and close of the candle is above moving average and chaikin money flow volume is positive we have a long entry. We exit when we cross down the moving average with the close of the candle. For short if we had a crossdown of the low with the previous low and close of the candle is below moving average and chaikin money flow volume is negative we have a short entry. We exit when we cross above the moving average with the close of the candle. This strategy has no risk management inside so use it with caution. If you have any questions, let me know

Strategy

High Low Open Mid Ranges & Levels (Multi-Timeframe)This indicator automatically plots the chosen timeframe's high, low, mid point and open. These levels on higher timeframes act as support and resistance levels on lower timeframes, helping find entries, stoploss and profit targets. Most common timeframes to choose are Daily, 1W, 1M, and 3M. Other timeframes that are good include, 2D, 2W and 2M. For example, you can see in the snapshot below, we are on the 4hr TF showing those levels from the 2W. This historical 2W zone (open and mid) was (and currently still is) resistance. You can see it also provided a good entry to go short. This is also useful for intraday scalping. Below, we are on the 15min TF with levels set on the 2D timeframe. You can see how the Open and Mid levels acted as resistance, providing good entries on range trades, with take profit set at the previous 2D low. There is also a table which tells you all the main TFs high, low, open, and mid levels. They are the most important ones to look out for. This indicator should not be used in isolation; it is best to pair it up with other TA such as orderblocks, S/D zones, S&R or overlay indicators.

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Pivot Tracker This script finds swing lows and swing highs based on input criteria for lookback and lookforward periods, and plots letters accordingly. Helps identify trend or lacktherof HH = higher high LH = lower high HL = higher low LL = lower low

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ICHIMOKU Crypto Swing Strategy This is a crypto swing strategy designed for timeframes bigger than 1h. The main components are ICHOMOKU KDJ Average High Average Low Rules for entry For long: we have the ichimoku crosses between tenkan and baselines, we have a rising kdj line and at the same time we have a increase in the average high For short: we have the ichimoku crosses between tenkan and baselines, we have a falling kdj line and at the same time we have an increase in the average low Rules for exit We exit when we have inverse conditions than the initial ones used for entry. Caution This strategy does not use a risk management, so be careful with it ! If you have any questions let me know !

Strategy

Michigandolf's 30min Opening Range This script plots the 30min Opening Range as well as the previous day's high & low. Description: Blue Line = Top of the 30min Opening Range for the session Pink Line = Bottom of the 30min Opening Range for the session White Line = Mid-Point of the 30min Opening Range for the session White Transparent Area = The full range of the 30min Opening Range Green Line = Yesterday's High for the session Red Line = Yesterday's Low for the session Use: The Opening Range will continue to expand until the first 30minutes of trading has passed, at which point the range will lock in place for the remainder of the trading session. Many traders use these important levels to gauge trade entries and exits (e.g. Mark Fisher's ACD strategy). This script does not work currently work for futures (e.g. ES, NQ, RTY) due to the session start time. Will configure for futures trading in a future update.

Indicator

by Michigandolf

Light Balance The script is simple, going for a color scheme logic which tenderly avoids rigorous signals processing. For the script to remain simple, logical derivatives are also out; as such, there are no secondary relations built off of primary ones. And it also ignores (unless you do this yourself) the logic in a varying order of lines. Coloring has been done according to a limited set of relations between the four (4) plotted lines. Quite a bit of information is capture, as you'll see when looking at line order, crossings, and transparency transitions and their patterns. The approach makes the relations ones which can be learned over time; you become the algorithm to sort out signals. Ha ha. I know that sounds like a cop out doesn't it. Did I mention it's a simple script? One thing you might want to play with right away are fills having red and green, and lime and fuchsia. It would be cool to reduce it all down to two (2) colors, but all the boolean relations might have to be listed, and it also may not be possible to cumulatively combine transparency overlays of the same value. Visually, that approach may not result to awaken a useful feature anyway. Also, fill() has its limitations in that it cannot be in a local scope; this includes function wrapped calls to fill(), or calls made using branching logic statements if/elseif, iff(), and var = (cond) ? t_val/exp : f_val/exp. So, to my knowledge, a fill() can not be made to be logically on/off. Please, enjoy getting some use out of it.

Indicator

by latticephreak

Extremely high win rate FOREX swing strategy THis is a very simple yet extremely efficient FOREX strategy . In general it tends to work the best against NZD and AUD pairs, however other major pairs and crosses can work as well. It's made of a time management, together with MACD , moving average , a price action rule and a risk management. THe logic behind is the next one : For LONG: We have 3 ascending candles. Histogram of MACD is positive. Last close of a candle is was above moving average. If all those previous condition happened before 17/18 UTC time depending if its summer time or not, we enter the trade. For Short: We have 3 descending candles. Histogram of MACD is negative. Last close of a candle is was below moving average. If all those previous condition happened before 17/18 UTC time depending if its summer time or not, we enter the trade. RIsk management For risk management, since we aim to have a 95%+ win rate, we aim to have a 5:1 or 10:1 risk to reward ratio. Meaning that for each $ we can win, we can lose 5-10$. THats why I recommend to be extremely careful when playing with leverage with this strategy.

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Fib High Low Points This is a simple indicator which plot high and lows based on Fibonacci sequence. Best part of this indicator is it don't rewrite itself once it got plotted on the chart, which make it unique from other High low indicators.

Indicator

by a_guy_from_wall_street

nonoiraq indicator it's very strong i edit this indicator to connect it with my bot to auto trading and he take the info from the volume, so when he is give me a single the bot take just 0.50% to 1% for 3 - 5 trade in day and this perfect, if u use a manual trading this indicator can reach to from 10% to 80% in some point . the indicator have 3 line (Red , Purple, Yellow) 1- The yellow line it's high sensitivity this mean it's when rich to the -3 or 3 you can open the order when the bar is close and the signal be sure and u need to watch the your order because in some case he is reach to 0.30% to 2% and the price reflected to loss and when you wait the price reflected to but my advice you take profit and close the order directly. 2- The purple circles it's medium sensitivity this mean when the purple hit the 2.5 or 3 from down or up in indicator with yellow line you open the order when bar close and the signal is be sure , like example in the photo 3- The red circles it's low sensitivity and this one when reach to 3.0 with any line (yellow or purple) you open directly short or long , like the example in the photo i am sorry for my english it's not very good please support me to share other idea or script

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Example - Custom Defined Dual-State Session This script example aims to cover the following: defining custom timeframe / session windows gather a price range from the custom period ( high/low values ) create a secondary "holding" period through which to display the data collected from the initial session simple method to shift times to re-align to preferred timezone Articles and further reading: www.investopedia.com - trading session Reason for Study: Educational purposes only. Before considering writing this example I had seen multiple similar questions asking how to go about creating custom timeframes or sessions, so it seemed this might be a good topic to attempt to create a relatively generic example.

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OBV High / LOW (On-Balance Volume )This is a simple application of OBV indicator (On-Balance Volume ), to visually determine when a given stock current obv is near the highest or lowest based on the number of lookback bars. Indicator examples: ### OBV value is near an all-time high ## breakthrough , stock value could set new all-time highs. rejection , stock value could come down or consolidate. Example Inputs OBV High Lookback -> numbers of bars to look back for the obv high. OBV LowLookback -> numbers of bars to look back for the obv low. OBV EMA Length -> Ema length Notes: This script also comes with an ema indicator based on obv for smoothing the obv signal since it gets noise at lower timeframes (by default comes disabled) OBV information www.investopedia.com Comments: This is my first script any ideas, suggestions, or detected errors (language/script) don´t hesitate to send a message. Best regards, Mauro.

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Magic Band MA20 High Low MA 20 period Magic Band - based on Highs and Lows (as opposed to Close), can be used on any time frame for a better grip on price action.

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R-HL-PDW This script doesn't give buy or sell signals. It gives a reference point to the previous day's high and low as well as the previous week's high/low. This will be helpful for intraday trading decisions.

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FirstBarRange FirstBarRange study displays lines for the high and low of the first bar/candle of the trading day, along with shaded areas for the range on top of the first bar high and below the first bar low. This study is very useful for intraday traders to see when stocks trade above the first bar high, it shows strength, and many times the high of the first bar is also good support. On the contrary, below the first bar high tends to be good area of weakness and many times it becomes a good resistance level. Many times when the stock trades inside the first bar range, price will be choppy and range bound.

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Hi-Lo Channel Strategy Haven't seen a strategy quite like it. Buy when Heikin Ashi candle closes above a moving average that is sourced on highs - Sell when Heikin Ashi candle closes above a moving average that is sourced on lows. Moving average length should be between 5 and 20 ideally. NOTE: the Heikin Ashi close values are calculated when the box is checkmarked. You do not need to view the chart with Heikin Ashi candles enabled on the chart. The buy and sell points of the strategy do not change whether or not you are viewing Heikin Ashi candles on the chart as long as the Heikin Ashi setting is enabled.

Strategy

by shiner_trading

Buying/Selling Climax English: This indicator is designed for the stock market and marks potential buying or selling climaxes. If a "buying climax" or "selling climax" is marked, the probability is high that this price level will not be exceeded or undershot quickly. The indicator is used exclusively on the weekly time level. Conditions for a "Buying Climax": - New 52-week high - The week closes in the loss "red week” Alternative: The week closes below the opening price of the previous week Conditions for a "Selling Climax": - New 52-week low or crash (in the stock). - The week closes in profit "green week” - The 2 previous weeks are losing weeks Alternative: The week closes above the opening price of the previous week Deutsch: Dieser Indikator ist für den Aktienmarkt ausgelegt und markiert potenzielle Kauf-/ bzw. Verkaufs-Höhepunkte. Wird ein „Buying-Climax“ bzw. „Selling-Climax“ markiert, ist die Wahrscheinlichkeit hoch, dass dieses Preisniveau nicht so schnell überschritten bzw. unterschritten wird. Der Indikator wird ausschließlich auf der wöchentlichen Zeitebene eingesetzt. Bedingungen für einen „Buying Climax“: - Neues 52-Wochen Hoch - Die Woche schließt im Verlust „red week“ Alternative: Die Woche schließt unterhalb des Eröffnungspreises der Vorwoche Bedingungen für einen „Selling Climax“: - Neues 52-Wochen Tief oder Crash (in der Aktie) - Die Woche schließt im Gewinn „green week“ - Die 2 Vorangegangenen Wochen sind Verlustwochen Alternative: Die Woche schließt oberhalb des Eröffnungspreises der Vorwoche

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High_Low level plots for yesterday, pre market , regular, and AH this study will plot yesterdays, high and low price, pre market's high and low price, regular day's high and low price and post markets high and low price.

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In-depth global business and economic analysis Comprehensive trading education and market insights