Pivot Points

MultiPrice Alert This is an alert script using Pinescript version 4. This enables one to set 5 alerts (1 StopLoss, 4 Targets), on 3 different symbols, at using a single alert in the UI. Every visible line will only appear on the symbols that are selected. After setting targets when making an alert, select this indicator as a condition. Change the name to whatever you want, usually the names of the set of tickers. The Alert message is dyanmic showing which Symbol with each type of alert, at whatever price. Ability to disable the targets + symbols. Alerts work by Stop Loss crossing under price and Targets Cross Over. Enabling the "Short" Targets reverses this. The line that is being displayed is actually the price of the asset being moved over x number of bars. I have not found a way to plot a traditional horizontal line, as the code for it uses a fixed price. As it being a user input, it is a variable. Any help with this would be appreicated. Alerts are set to once per bar. Known bug that sometimes if the prices that you set are inside the current candle stick, then your alert will immeaditally fire, either change the timeframe or let it fire and wait fo After a target is hit, I reccomend setting the alert to 0 and REMAKING the alert. You MUST REMAKE THE ALERT AFTER ANY CHANGES. This script WILL NOT CHANGE ALERTS AS YOU CHANGE SETTINGS. PulseWire Alerts are not this smart , at least I haven't found a way to do this yet.

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DECP DECP is simple and easy to use! It detects bullish and bearish engulfing candlestick patterns. After detecting the patterns I've said, it mentions that the pattern is going to continue its direction to up or down. But remember candlestick patterns don't determine targets and it's possible that predicted directions fail. So use it carefully and enjoy it!

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CPR, Camarilla & Moving Average This script is created primarily for Intraday trading but can also be used for short and long term trading. This is a combination of Central Pivot Range (CPR), Moving Averages and Camarilla Pivot levels (with inner levels). This helps you to combine the strategies of CPR and Moving Averages to identify the best trading opportunities with greater edge. Central Pivot Range and Camarilla pivots are taken from PivotBoss by Franc Ochoa. Key features: # Daily CPR levels # Weekly CPR levels # Monthly CPR levels # Previous Day High and Lows # Previous Week Highs and Lows # Previous Month Highs and Lows # Camarilla Pivots with inner Levels # CPR Levels for the next Day, Week and Month # 5 Simple moving averages and 5 Exponential Moving Averages What separates this script from other scripts with CPR and Moving averages? # One of the few indicators (if not the only one) which combines the 2 types of Moving Averages, CPR and also Camarilla Pivots. # CPR Levels for not just the next Day, but for next Week(Weekly CPR) and Month(Monthly CPR) also. # Hide the previous day's levels according to your wish. This is the most unique feature of this indicator. You can set the number of Daily CPR levels you want to load in the chart. This is not just for the Daily CPR but also for the Weekly and Monthly CPR also. This makes the chart less cluttered and prevents the candles from getting buried in the indicators. Please notice how the previous day's CPR levels are hidden in the displayed demo chart on the script page. In the chart, only one trading day's data is shown(by default). # This script is OPEN SOURCE. Strategies : For CPR & Camarilla Strategies for intraday trading and swing trading refer to the book 'Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market' by Franklin O. Ochoa. Moving averages strategies : Moving averages can be combined and also used individually for several strategies * 9 EMA can be used as trailing stop loss for strong moving trends that helps you to catch big moves. * 20sma can be used not just trailing stop loss but also for taking re-entry to the trend. * Golden cross - The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside. This indicates a bullish turn in the market. Eg: 50 SMA cuts 200 SMA from below. * Death Cross - The death cross occurs when the short term moving average crosses the long-term average from above. This indicates a bearish turn in the market. Eg: 50 SMA cuts 200 SMA from above. * When 20 SMA is above 50 SMA and 20 SMA and 50 SMA are angling up like parallel lines, then it denotes bullish strength. If this happens right after Golden Cross, big moves to the upside can be expected. * When 20 SMA is below 50 SMA and 20 SMA and 50 SMA are angling down like parallel lines, then it denotes bearish strength. If this happens right after Death Cross, big moves to the downside can be expected. * When 20SMA and 50 SMA are going flat and crossing each other, then it denotes sideways sentiment. Moving average strategies are taken from the book 'How to Make Money in Intraday Trading' by Ashwani Gujral. For learning more about how to combine CPR and Moving averages in your trading please refer to this book.

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by sudheeshmohan

Wattage Simple plot script for ranges from prior day closed based on Brian Watts talks. Should work on any timeframe. For example, if 5m the ranges will still be for the prior day. Edit based on daily ranges of whatever symbol. Change the ranges as you see fit. It is interesting if you turn on prior day close for verification and current day high/low in the chart settings. Meant as open source for you to do what you please. Thank you Brian Watt.

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by stephentcannon

Fractal lines multi time frame Plot lines using last two William's fractals to find trends, it supports different resolutions and alerts

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Pivots, Compressions and Extensions Pivots, Compressions and Extensions Best used with a monochromatic bar chart, ex. light gray bars that allow signals to stand out./// Blue = volatility expansion warning, this means volatility has been compressed and is starting a new phase of volatility expansion. (cont.) Think a ball at the top of a hill with very low positional volatility but high potential energy. Blue bars mark the point (cont.) where potential energy starts to transition into kinetic energy. This often 'cycles' into a new regime of higher volatility. Pink & purple bars signify extreme, exponential trend, often the climax of a particular bull or bear cycle. Can help identify tops. Orange is meant to signal a pocket pivot as described by @RollyTrader among others. This pivot marks the end of consolidation.

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by potomacapitol

'Golden ratio' spiral - 'GoRaS'This script is based on 'Golden Ratio' It starts from the last pivot high/low, forming a rectangular spiral. Mainly experimental but I think it could be used as 'support/resistance' and trend interpretation The (pivot) length can be adjusted ('Leftbars'): Start of the spiral can be changed ('Start loop'): End of the spiral can be changed as well ('End loop'): It can be made more compact, or wider ('Ratio'): 'Extend lines' can be helpful finding S/R area's: ('extend left') Cheers!

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NY Session Script to highlight the new york session trading hours -The most volatile hours for us30 & the time in which it's most likely to make a significant high/low

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Fibo Pivot Point Copyright by HPotter v1.0 07/05/2021 Fibo Pivot Points Added change TF for calculate. Original version:by BhavikBhavsar

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[Lixx] MESA(EMA/SMA) and ROC(ROC/MESA) Take Profit Triggers This script uses the MESA EMA and SMA as well as the ROC/MESA cross to help find the take profit areas when trading divergences using market cipher or wavetrend. It is inspired by jordanfungs MESA indicator, however this one is different because it is not lagging in the signals. Hope you enjoy it, and make sure to backtest any strategy before you use it.

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by felixzeller343

EmperorBTC's VWAP Indicator This indicator was created after EmperorBTC's conditions. Conditions displayed below: Good timeframes for it: 30', 15', 5' To convert from strategy to study switch the commented lines in the beginning and at the end of the script What this indicator does is: 1) Check if Pivot Point was crossed 2) Stoch-RSI and VWAP were crossed up in current or previous candle 3) Candle (or previous candle) is green Then, it will plot a Long opportunity. FUTURE IDEAS: - Volume Expansion - Candle Stick patterns

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EMA SMA 100 Cross This script utilizes the 100 EMA and the 100 SMA with printing labels for "Buy", "Short", and "Take Profit". Essentially this indicator will print a "Buy" label when the 100 EMA(green line) is above the 100 SMA(red line) and "Take Profit" at the pivot points. NOTE: There will be instances where the labels print based on coded criteria but will be false compared to trend. This is because the 100 EMA and SMA crosses can be short periods and reversals can happen frequently. This indicator should be used in conjunction with other indicators to help build a case for potential long or short entries.

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by SpiffyRumble

Pivot Point Candles Indicator that highlights Hammer, Inverted Hammer, Engulfing, and Harami candlestick patterns. Great for those looking for a quick way to show the most popular reversal patterns on the charts. Options will allow you to select to show Hammers, Engulfing or Harami patterns only. You choose the combinations that you want. Great tool to learn and training your eyes to the patterns. You also have an option to select "Super" versions of the Engulfing and the Harami patterns, the Supers only shows if the pattern engulfs the body and the wick of the smaller candle in the pattern. The indicator will show Bullish opportunities and Bearish opportunities on the chart for each of the patterns. The inverted hammer will show at the top indicating a Bear move, and the Hammer will show below price indicating a Bullish move. Use this indicator in conjunction with other Support & Resistance such as the simple moving averages, trend lines, flat lines, or even Bollinger bands. When these patterns show at or around these points on the chart they will indicate a reversal is pending. Wait for the next candle as confirmation that the move will actually take place in the direction indicated and you will have your pivot point on the chart and create a higher probability of success. Leverage Stochastic, RSI, or CCI indicators to help confirm the reversal as well. Look out for resistance above or support below to determine your targets for the reversal. Happy trading!

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by wallstyardie

Session Breaks by KrisWaters This indicator draw vertical lines on session break dates. There are 1H, 4H, D, W, M, 3M, 12M options. You can change line colors and style as you wish. If you are using this indicator please drop me comment and like also.

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Fibonacci Extension / Retracement / Pivot Points by DGT Fɪʙᴏɴᴀᴄᴄɪ Exᴛᴇɴᴛɪᴏɴ / Rᴇᴛʀᴀᴄᴍᴇɴᴛ / Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ This study combines various Fibonacci concepts into one, and some basic volume and volatility indications █ Pɪᴠᴏᴛ Pᴏɪɴᴛꜱ — is a technical indicator that is used to determine the levels at which price may face support or resistance. The Pivot Points indicator consists of a pivot point (PP) level and several support (S) and resistance (R) levels. PP, resistance and support values are calculated in different ways, depending on the type of the indicator, this study implements Fibonacci Pivot Points The indicator resolution is set by the input of the Pivot Points TF (Timeframe). If the Pivot Points TF is set to AUTO (the default value), then the increased resolution is determined by the following algorithm: for intraday resolutions up to and including 5 min, 4HOURS (4H) is used for intraday resolutions more than 5 min and up to and including 45 min, DAY (1D) is used for intraday resolutions more than 45 min and up to and including 4 hour, WEEK (1W) is used for daily resolutions MONTH is used (1M) for weekly resolutions, 3-MONTH (3M) is used for monthly resolutions, 12-MONTH (12M) is used If the Pivot Points TF is set to User Defined, users may choose any higher timeframe of their preference █ Fɪʙ Rᴇᴛʀᴀᴄᴇᴍᴇɴᴛ — Fibonacci retracements is a popular instrument used by technical analysts to determine support and resistance areas. In technical analysis, this tool is created by taking two extreme points (usually a peak and a trough) on the chart and dividing the vertical distance by the key Fibonacci coefficients equal to 23.6%, 38.2%, 50%, 61.8%, and 100%. This study implements an automated method of identifying the pivot lows/highs and automatically draws horizontal lines that are used to determine possible support and resistance levels █ Fɪʙᴏɴᴀᴄᴄɪ Exᴛᴇɴꜱɪᴏɴꜱ — Fibonacci extensions are a tool that traders can use to establish profit targets or estimate how far a price may travel AFTER a retracement/pullback is finished. Extension levels are also possible areas where the price may reverse. This study implements an automated method of identifying the pivot lows/highs and automatically draws horizontal lines that are used to determine possible support and resistance levels. IMPORTANT NOTE: Fibonacci extensions option may require to do further adjustment of the study parameters for proper usage. Extensions are aimed to be used when a trend is present and they aim to measure how far a price may travel AFTER a retracement/pullback. I will strongly suggest users of this study to check the education post for further details, where to use extensions and where to use retracements Important input options for both Fibonacci Extensions and Retracements Deviation, is a multiplier that affects how much the price should deviate from the previous pivot in order for the bar to become a new pivot. Increasing its value is one way to get higher timeframe Fib Retracement Levels Depth, affects the minimum number of bars that will be taken into account when building █ Volume / Volatility Add-Ons High Volatile Bar Indication Volume Spike Bar Indication Volume Weighted Colored Bars This study benefits from build-in auto fib retracement tv study and modifications applied to get extentions and also to fit this combo Disclaimer: Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd PulseWire user liable for any possible claim for damages arising from any decision you make based on use of the script

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Auto Fib Speed Resistance Fans by DGT Fibonacci Speed and Resistance Fan is an analytical drawing tool used to indicate the support and resistance levels of an existing trend and the price level at which possible changes in the trend may occur. A Fibonacci Speed Resistance Fan consists of a trend line drawn between two extreme points - a trough and opposing peak or a peak and opposing trough - on which a set of sequential speed resistance lines are drawn above (which represents time) and below (which represents price). These lines are drawn based on time/price percentages of the distance between the beginning and the end of the trend line. Speed resistance lines not only help to measure trend corrections but also measure the speed of a trend (the rate at which a trendline ascends or descends) Traders can use the lines of the Fibonacci Speed and Resistance Fan to predict key points of resistance or support, at which they might expect price trends to reverse. Once a trader identifies patterns within a chart, they can use those patterns to predict future price movements and future levels of support and resistance. Traders use the predictions to time their trades. Key support and resistance levels tend to occur frequently at the 61.8-percent level on both uptrends and downtrends. Please check for further details in the education post that I will share shortly after this publication : Nobody appears to know whether Fibonacci tools work because markets exhibit some form of natural pattern or because many investors use Fibonacci ratios to predict price movements, making them a self-fulfilling prophecy. █ Study OPTIONS Auto Fibonacci Speed and Resistance Fan , the main aim of the study - Pivot threshold can be adjusted via “Deviation” and “Depth” input options ‏ - Historical Fans option will allow plotting of Speed and Resistance Fans on previous pivot high/lows - Ability to set ALERTs for the Speed and Resistance Levels - Price Grid Lines if extended it will result with Fib Retracement levels - All lines, line levels are customizable, default values are set exactly to the same with the available Fib Speed and Resistance Fan drawing tool Zig Zag – Derived from build-in Auto Fib Retracement with some customization options. Example Usages : Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd PulseWire user liable for any possible claim for damages arising from any decision you make based on use of the script

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NSDT Pivot Points Plus This script uses the Traditional Pivot Points but includes the price levels and the 50% line between levels. We added the ability to change the line color of the major levels and the minor levels independently, for better clarity. Added alerts - used code from QuantNomad. Pivot Points description from PulseWire default indicator: Pivot Point analysis is a technique of determining key levels that price may react to. Pivot points tend to function as support or resistance and can be turning points. This technique is commonly used by day traders, though the concepts are valid on various timeframes. There are several methods of identifying the exact points. Common types of pivot points are Traditional, Fibonacci, Woodie, Classic, Camarilla and DM and each type has its own calculation method. Most use a variation of significant prices such as established highs, lows, opening and closing prices and then apply a calculation to determine these points. They all calculate additional support and resistance levels alongside the pivot points. They can be used to determine when to enter or exit trades or to determine the range of a market. Conservative traders look for additional confirmation before entering a trade. Whether pivot points are used alone or in combination with other techniques, they are a useful tool in a technical trader's toolbox.

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by NorthStarDayTrading

Auto Pitchfork, Fib Retracement and Zig Zag by DGT Pitchfork is a technical indicator for a quick and easy way for traders to identify possible levels of support and resistance of an asset's price. It is presents and based on the idea that the market is geometric and cyclical in nature Developed by Alan Andrews, so sometimes called Andrews’ Pitchfork It is created by placing three points at the end of previous trends Schiff and Modified Pitchfork is a technical analysis tool derived from Andrews' Pitchfork In general, traders will purchase the asset when the price falls near the support of either the center trendline or the lowest trendline. Conversely, they'll sell the asset when it approaches the resistance of either the center line or the highest trendline. █ Study OPTIONS Auto Pitchfork , the main aim of the study ‏ ‏ Pivots threshold can be customized by “Deviation” and “Depth” input options ‏ ‏ Pitchfork Type selection, available options Andrews' Pitchfork (Original), Schiff and Modified Pitchfork ‏ Ability to set ALERTs for the Pitchfork Levels ‏ Ability to add customized levels (all level lines customizable) Auto Fib Retracement – This is the build-in study of PulseWire, slight changes applied to fit with Auto Pitchfork Zig Zag – Derived from build-in Auto Fib Retracement with some customization options. █ Usage Tips : Andrews' Pitchfork (Original) best fit in a Strong Trending Market Schiff and Modified Pitchfork better with Correcting or Sideways Market. Modified Pitchfork is almost identical to a Parallel Chanel Disclaimer : Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd PulseWire user liable for any possible claim for damages arising from any decision you make based on use of the script

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NSDT Pivot Zones This is a new take on Traditional Pivot Points. By modifying the calculations, we were able to create "pivot zones" with a decent degree of accuracy.

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by NorthStarDayTrading

VWAP Alerts V3 VWAP Alerts signal over bought/over sold conditions, relative to volume weighted average price, while deviation bands plot an extremely accurate point of mean reversion. VWAP Alerts V3 includes multiple timeframe selection, along with multiplier input for deviation band setting Alerts can be set for each individual band, for extreme oversold/overbought conditions, use "Vwap Low Deviation 4" and "Vwap High Deviation 4". Alerts can also be set for VWAP bounces, by simply setting "VWAP Alert"

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Parallel Pivot Lines [LuxAlgo]Displays lines connecting past pivot high/low points with each line having the slope of a linear regression. This slope can also be controlled by the user with the 'Slope' setting. Each line can be used as a support or resistance by the user. Settings Length : Pivot length. Use higher values for having lines connected to more significant pivots points. Lookback : Number of lines connecting a pivot high/low to display, with a total of lines equal to Lookback*2 Slope : Allows the user to multiply the linear regression slope by a number within -1 and 1 Limitations The script has currently several real time behavior limitations. Lines are displayed retrospectively and will not update with the arrival of new bars. Readjusting the indicator to newer pivots will require the user to either hide/unhide the indicator or change its settings. High Length or Lookback values might not return any lines if the location of a pivot point is outside the defined buffer size of the indicator (set as 5000 bars). How To Use The indicator can be used to get supports and resistances and is more so closer to a drawing tool due to its limitations. The lines not updating with the arrival of new bars have the advantage of providing fixed supports/resistances. The Slope setting allows the user to control the angle and direction of the lines. Using a Slope of 1 will return lines with the same slope as the one of a linear regression fit from the farthest pivot point displayed by the indicator to the most recent bar. The chart above shows the indicators and a linear regression in orange. If you want to have horizontal lines, use a Slope equal to 0. Finally using a negative slope value will allow the user to have lines in opposite directions to the main trend. Conclusion We hope you like this indicator (drawing tool) and find it useful for drawing your support & resistances in a unique way!

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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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Higher Order Pivots First order pivot points are defined as 3 or 5 bar "V" shaped patterns. For example a high with a lower high either side of the peak and in the case of the 5 bar variant with lower highs adjacent to a high below the peak. Second order pivot points are defined by three first order pivots in the same manner. For example a peak pivot high with a lower pivot high to either side. Third order pivots follow the same pattern, a peak second order pivot high with two adjacent second order pivot highs. As it can take a significant and variable amount of time before higher order pivots are confirmed, it is generally inadvisable to use higher order pivots for live trading! However they can be used for historical analysis. For example to delineate market structure of major market inflections. For example : Delineating market structure using 2nd order pivots derived from 3 bar, 1st order pivots Major market inflections from 3rd order pivots derived from 5 bar, 1st order pivots

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by rumpypumpydumpy

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