Support Resistance MTFHello Traders,
This is Support Resistance script that uses Multi Time Frame. While getting Close/Open/High/Low values of Higher Time Frames the script does NOT use Security function , instead it calculates them.
while choosing Higher Time Frame, you can use "Auto" option so it uses predefined Higher Time Frames, or you can choose the Higher Time Frame Manually from the list. options for HTF => 15mins, 30mins, 60mins, 120mins, 180mins, 240mins, 720mins, Day, Week, 2 Weeks, Months, 3 Months, 6 Months, 12 Months.
You have option to use High/Low or Close/Open values while calculating support resistance levels.
"Period for Highest/Lowest Bars" option is used as loopback period to check if it's Highest/lowest bars. smaller numbers = more sensitive result.
You have option for transparency and coloring of support/resistance levels/zone => Red, Lime, Blue, White, Black, Olive, Gray
An example for 15 min chart, 4hours selected as HTF
You can set transparency and colors as you wish:
You can choose Close/Open prices while calculating S/R levels instead of High/Low
Enjoy!
Multitimeframeanalysis
ForteTrader Heiken Multi Time Frame Trend IndicatorThis indicator is using Heiken Ashi Candle Stick System to measure three separate time frames of your choosing. Default setting is with 120 minutes, 240 minutes, and 720 minutes. Ideal for swing trading, or scalping. When two or more time frames align red, looking for short entries. When two or more green time frames align, looking for long entries. Entries and Exits are at your own discretion. This is not trading financial advice just a tool to help you all find overall confluence in your trading and direction.
Intraday Quarter Points- Psychological LevelsThis template can be used for Higher Time Frame analysis in forex. Using the Bar Replay, develop a technical bias and mark psychological levels on the H4 timeframe. This can be used with Supply and demand and Quarter Points Theory.
Monthly- Default setting
Weekly- Default setting
Daily- On Sund-Mon
H4- On Sund-Mon, Show Weekly High + Low
H1- Show Quarter Points
[PX] MTF RSIHello guys,
this indicator uses the RSI on three different timeframes, which can be selected in the user input settings. It aims to make your multi-timeframe analysis a bit easier and see patterns, which otherwise might not be spotted. Look for confluence within all the timeframes to increase your probabilities.
Because it uses multi-timeframe data, which can repaint, it comes with an optional checkbox to allow repainting or avoid it.
Happy trading and stay healthy :)
pip hunter baseline overlayThis is a multi time frame baseline indicator which incorporates many aspects to help you eliminate false ideas from the other 2 indicators in the pip hunter package this indicator is the baseline guide to the direction you should be looking at the markets
this indicator can do the following things
work out pivot points
work out fibonacci retracement levels
give you multi time frame based trend ideas and reversal indications this is done in a heavily modified multitimeframe Williams alligator , multitimeframe up and downtrend labels, a multitimeframe TEMA cloud and a multitimeframe dot alert which is based on a proprietary set of exponential moving averages
and give you multiple powerful confluences as to the direction of the market including but not limited to a confirmation bar at the top of the screen which changes colour and brightness depending on the direction of the trend and the amount of chop in the market, it also adds this to the candles in the form of triangles and squares above and below the candles relevant to the direction. you will notice little flag icons these are designed to be little floating take profits with the idea that when a flag appears you should take partials if not the whole position off the table and wait for another entry or for other movement to occur as well as stars these can be used as signals when used with other confluences in the system to make sure that they are valid and correct ideas
this is best used with the rest of the pip hunter package for more info on getting access to all three indicators in the package please message me for more information
Support and Resistance Multi Time frameSimple indicator showing the support and resistance on Daily, Weekly and Monthly time frames no matter what time frame you're currently on by highlighting the highest and lowest points on each over the last 34 bars.
Daily support and resistance are coloured green.
support and resistance are coloured yellow.
Monthly support and resistance are coloured red.
For best results check where multiple support and resistance areas line up and combine with another indicator for example oscillators to gauge if the support or resistance will reverse the market.
Supertrend MTF Heikin AshiThis is non-repaiting Supertrend Multi Time Frame script, uses Heikin Ashi Candles as source on normal chart
There is an option for Higher Time Frame. if you choose "Auto" then Higher Time Frame calculation is made by the script. If you choose "User Defined" option and then you can select Time Frame.
You better use this script with other indicators such as RSI, Momentum etc.
Enjoy!
BEST USA Bank Holidays HelperHello traders
This is a quick helper displaying the US bank holidays labels 1 day before the actual bank holiday date
Useful to be reminded when it's better to not trade as the big "whales" aren't trading either - and are probably drinking cocktails on their yachts in the Caribbeans island
This is my way of saying that, the days where the USA are off, the derivatives like indices aren't likely to give big opportunities
Of course, big move might happen but statistically, we're better off going to the Caribbeans islands as well (or preparing for the next trading day)
Bonus
The indicator displays in fuschia (never knew how to write that word properly without checking google first...) the 2019 US bank holidays
Best regards and enjoy your cocktails today :)
Dave
9 Seasons Rainbow Multi Time Frames Pattern Expert [9SRPEN]"Expert" is a release with features between Standard and PRO version, with initial features:
9 Ribbons, 4 Alerts Set, Time frame >= 15m, which may change later.
The indicator discovers profitable patterns by associating Price Season of multiple time frames.
Full Name: 9 Seasons Rainbow - Multiple Time Frames Associated Price Wave Pattern Indicator
This is redefined from “9 Seasons Rainbow Indicator PRO”, with clearer definition of 9 Seasons and user manual.
Version: Invite-Only Expert
Language: English
Copyright: 2019
---------- How to use the indicator ----------
Go through the manual and related ideas underneath or follow the tutorials list. Look through the profitable patterns and related cases, wait for or set alert for specific profitable pattern.
---------- Definition: 9 Seasons ----------
A life cycle of Price Wave is divided into 9 Seasons. Each time frame, from 5 minute to 1 month, has 9 seasons, Independent of each other:
Bull (Green)
Bull Pullback (Light Green): a pullback or retracement
Resistance / Overbought (Yellow): a resistance area , may become a Top, or be broken through.
Crazy Bought (Lime): Price is going up in a high volatility , could be a valid breakout, or a Bull Trap.
Neutral (White): a wandering season without direction, evolves into Bull or Bear
Bear (Red)
Bear Bounce (Light Red): Price bounces
Support / Oversold (Blue): a support area , may become a Bottom, or be broken through.
Crazy Sold (Fuchsia): Price is going down in a high volatility , could be a valid breakdown, or a Bear Trap.
---------- Some important evolution between seasons ----------
Resistance / Overbought (Yellow) -> Crazy Bought (Lime):
Bull is breaking through a resistance.
Crazy Bought (Lime) -> Resistance / Overbought (Yellow):
This normally indicates a failed breakout, Price goes back to the resistance.
Crazy Bought (Lime) -> Bull Pullback (Light Green):
This normally indicates Price has risen to a new level
Support / Oversold (Blue) -> Crazy Sold (Fuchsia):
Bear is breaking through a support.
Crazy Sold (Fuchsia) -> Support / Oversold (Blue):
This normally indicates a failed breakdown, Price recovers to the support.
Crazy Sold (Fuchsia) -> Bear Bounce (Light Red):
This normally indicates price has dropped to a new level
---------- Rainbow Ribbons for Multiple Time Frames ----------
Each ribbon of a rainbow represents a time frame.
The uppermost ribbon represents the shortest-term time frame - current time period of the chart, which is the time frame for trading.
The lowermost ribbon represent longest-term time frame, which work as environment, together with the other medium-term and long-term time frames.
The difference between two frames is 1.4142 fold (square root of 2), if level 1 is 15 minute, level 2 is 15 minute * (square root of 2) .
Examples of time frames in a rainbow:
For STANDARD in 15M: 15M - 21M - 30M - 42M - 60M(1H) - 85M
For EXPERT: 15M - 21M - 30M - 42M - 60M(1H) - 85M - 120M(2H) - 170M - 240M(4H)
For PRO in 15M: 15M - 21M - 30M - 42M - 60M(1H) - 85M - 120M(2H) - 170M - 240M(4H) - 339M - 480M(8H) - 679M
---------- Trading Methods ----------
How to open a Long position?
When a profitable Long pattern appears, open small position first based on signal on shortest-term time frame; after retesting and confirming the support, open 2nd position; when it breaks through the resistance, pullbacks and confirms the breakout, open 3rd position.
How to exit a Long position?
Lift the Stop to a confirmed higher low, so that to take advantages of the bull run as possible.
How to open a Short position?
When a profitable Short pattern appears, open small position first based on signal on shortest-term time frame; after retesting and confirming the resistance, open 2nd position; when it breaks through the support, bounces and confirms the breakdown, add 3rd position.
How to exit a Short position?
Lower the Stop to a confirmed lower high, so that to take advantages of the bear run as possible.
---------- Access to Indicators ----------
Please use DEMO version for Trial
PM the author for access to Invite-Only PRO, EXPERT and STANDARD versions:
---------- How to Install Invite Only: STANDARD, EXPERT & PRO Version----------
Ask access to STANDARD, EXPERT or PRO version
Open the chart -> Indicators (On the Top) -> Invite-Only Scripts (2nd button of the left bar)
Like/Favorite the indicator
Click to install on the chart
---------- About Loading Time ----------
It may take up to 2 minutes for your browser to load a new setting, depending on the your computer and network speed.
---------- List of the author's Indicators ----------
www.tradingview.com
---------- Disclaimer ----------
By using or requesting access to the indicator, you acknowledge that you have read and accepted that the indicator and any related content, including but not limited to: product details, user manual, tutorials, ideas, videos, chats, emails, blog, talks are for the purpose of trading strategies studying and paper trading only.
If a customer or user uses the indicator or related content mentioned above for live trading or investment, she/he should take all risks and be responsible for her/his own trading and investment activities.
---------- Updates ----------
The latest updates override the previous description.
To activate a update: Close the browser, Reopen the chart and apply the indicator.
---------- Tags ----------
multiple timeframes, MTF, multiple time frames, multi timeframes, multi time frames
9 Seasons Rainbow Multiple Time Frames Pattern Standard [9SRSEN]The indicator discovers profitable patterns by associating Price Season of multiple time frames.
Full Name: 9 Seasons Rainbow - Multiple Time Frames Associated Price Wave Pattern Indicator
This is redefined from “9 Seasons Rainbow Indicator STANDARD”, with clearer definition of 9 Seasons and user manual.
Version: Invite-Only Standard
Language: English
Copyright: 2019
---------- How to use the indicator ----------
Go through the manual and related ideas underneath or follow the tutorials list. Look through the profitable patterns and related cases, wait for or set alert for specific profitable pattern.
---------- Definition: 9 Seasons ----------
A life cycle of Price Wave is divided into 9 Seasons. Each time frame, from 5 minute to 1 month, has 9 seasons, Independent of each other:
Bull (Green)
Bull Pullback (Light Green): a pullback or retracement
Resistance / Overbought (Yellow): a resistance area, may become a Top, or be broken through.
Crazy Bought (Lime): Price is going up in a high volatility, could be a valid breakout, or a Bull Trap.
Neutral (White): a wandering season without direction, evolves into Bull or Bear
Bear (Red)
Bear Bounce (Light Red): Price bounces
Support / Oversold (Blue): a support area, may become a Bottom, or be broken through.
Crazy Sold (Fuchsia): Price is going down in a high volatility, could be a valid breakdown, or a Bear Trap.
---------- Some important evolution between seasons ----------
Resistance / Overbought (Yellow) -> Crazy Bought (Lime):
Bull is breaking through a resistance.
Crazy Bought (Lime) -> Resistance / Overbought (Yellow):
This normally indicates a failed breakout, Price goes back to the resistance.
Crazy Bought (Lime) -> Bull Pullback (Light Green):
This normally indicates Price has risen to a new level
Support / Oversold (Blue) -> Crazy Sold (Fuchsia):
Bear is breaking through a support.
Crazy Sold (Fuchsia) -> Support / Oversold (Blue):
This normally indicates a failed breakdown, Price recovers to the support.
Crazy Sold (Fuchsia) -> Bear Bounce (Light Red):
This normally indicates price has dropped to a new level
---------- Rainbow Ribbons for Multiple Time Frames ----------
Each ribbon of a rainbow represents a time frame.
The uppermost ribbon represents the shortest-term time frame - current time period of the chart, which is the time frame for trading.
The lowermost ribbon represent longest-term time frame, which work as environment, together with the other medium-term and long-term time frames.
The difference between two frames is 1.4142 fold (square root of 2), if level 1 is 15 minute, level 2 is 15 minute * (square root of 2) .
Examples of time frames in a rainbow:
For STANDARD in 15M: 15M - 21M - 30M - 42M - 60M(1H) - 85M - 120M(2H) - 170M
For PRO in 15M: 15M - 21M - 30M - 42M - 60M(1H) - 85M - 120M(2H) - 170M - 240M(4H) - 339M - 480M(8H) - 679M
---------- Trading Methods ----------
How to open a Long position?
When a profitable Long pattern appears, open small position first based on signal on shortest-term time frame; after retesting and confirming the support, open 2nd position; when it breaks through the resistance, pullbacks and confirms the breakout, open 3rd position.
How to exit a Long position?
Lift the Stop to a confirmed higher low, so that to take advantages of the bull run as possible.
How to open a Short position?
When a profitable Short pattern appears, open small position first based on signal on shortest-term time frame; after retesting and confirming the resistance, open 2nd position; when it breaks through the support, bounces and confirms the breakdown, add 3rd position.
How to exit a Short position?
Lower the Stop to a confirmed lower high, so that to take advantages of the bear run as possible.
---------- Versions Description ----------
The features may change later without advance notice.
PRO:
Invite-Only, with the following advanced features:
12 Ribbons Rainbow displays 9 Seasons of 12 time frames on a chart.
Advanced alert sets allows set alerts on short-term, medium-term, and long-term time frames.
Capability to input different trading instrument to compare with the current ticker.
Full time periods access allows apply it to broadest time periods, from 1 minute to 1 week (if history data is enough)
More new features in updates.
STANDARD:
Invite-Only, with the following advanced features:
8 Ribbons Rainbow displays 9 Seasons of 8 time frames on a chart.
Advanced alert sets allows set alerts on upper and lower frames.
Broad time periods access allows apply it to the most popular time periods, from 15 minute to 1 week (if history data is enough)
More new features in updates.
DEMO:
DEMO version is for trial purpose, having most of the features.
It is applicable to a list of trading instruments and specific time periods (1 hour to 1 day), which may change later without advance notice.
---------- Access to Indicators ----------
Please use DEMO version for Trial
Asking access to Invite-Only PRO and STANDARD versions:
9seasonsrainbowindicator.blogspot.com
Or contact the author.
---------- Install Invite Only: STANDARD & PRO Version----------
Ask access to STANDARD or PRO version
Open the chart -> Indicators (On the Top) -> Invite-Only Scripts (2nd button of the left bar)
Like/Favorite the indicator
Click to install on the chart
---------- About Loading Time ----------
It may take up to 2 minutes for your browser to load a new setting, depending on the your computer and network speed.
---------- List of the author's Indicators ----------
www.tradingview.com
---------- Disclaimer ----------
By using or requesting access to the indicator, you acknowledge that you have read and accepted that the indicator and any related content, including but not limited to: user manual, tutorials, ideas, videos, chats, emails, blog, are for the purpose of trading strategies studying and paper trading.
If a customer or user uses the indicator or related content mentioned above for live trading or investment, she/he should take all risks and be responsible for her/his own trading and investment activities.
---------- Updates ----------
The latest updates override the previous description.
To activate a update: Close the browser, Reopen the chart and apply the indicator.
9 Seasons Rainbow Multiple Time Frames Pattern PRO [9SPEN]The indicator discovers profitable patterns by associating Price Season of multiple time frames.
Full Name: 9 Seasons Rainbow - Multiple Time Frames Associated Price Wave Pattern Indicator
This is redefined from “9 Seasons Rainbow Indicator PRO”, with clearer definition of 9 Seasons and user manual.
Version: Invite-Only PRO
Language: English
Copyright: 2019
---------- How to use the indicator ----------
Go through the manual and related ideas underneath or follow the tutorials list. Look through the profitable patterns and related cases, wait for or set alert for specific profitable pattern.
---------- Definition: 9 Seasons ----------
A life cycle of Price Wave is divided into 9 Seasons. Each time frame, from 5 minute to 1 month, has 9 seasons, Independent of each other:
Bull (Green)
Bull Pullback (Light Green): a pullback or retracement
Resistance / Overbought (Yellow): a resistance area, may become a Top, or be broken through.
Crazy Bought (Lime): Price is going up in a high volatility, could be a valid breakout, or a Bull Trap.
Neutral (White): a wandering season without direction, evolves into Bull or Bear
Bear (Red)
Bear Bounce (Light Red): Price bounces
Support / Oversold (Blue): a support area, may become a Bottom, or be broken through.
Crazy Sold (Fuchsia): Price is going down in a high volatility, could be a valid breakdown, or a Bear Trap.
---------- Some important evolution between seasons ----------
Resistance / Overbought (Yellow) -> Crazy Bought (Lime):
Bull is breaking through a resistance.
Crazy Bought (Lime) -> Resistance / Overbought (Yellow):
This normally indicates a failed breakout, Price goes back to the resistance.
Crazy Bought (Lime) -> Bull Pullback (Light Green):
This normally indicates Price has risen to a new level
Support / Oversold (Blue) -> Crazy Sold (Fuchsia):
Bear is breaking through a support.
Crazy Sold (Fuchsia) -> Support / Oversold (Blue):
This normally indicates a failed breakdown, Price recovers to the support.
Crazy Sold (Fuchsia) -> Bear Bounce (Light Red):
This normally indicates price has dropped to a new level
---------- Rainbow Ribbons for Multiple Time Frames ----------
Each ribbon of a rainbow represents a time frame.
The uppermost ribbon represents the shortest-term time frame - current time period of the chart, which is the time frame for trading.
The lowermost ribbon represent longest-term time frame, which work as environment, together with the other medium-term and long-term time frames.
The difference between two frames is 1.4142 fold (square root of 2), if level 1 is 15 minute, level 2 is 15 minute * (square root of 2) .
Examples of time frames in a rainbow:
For STANDARD in 15M: 15M - 21M - 30M - 42M - 60M(1H) - 85M - 120M(2H) - 170M
For PRO in 15M: 15M - 21M - 30M - 42M - 60M(1H) - 85M - 120M(2H) - 170M - 240M(4H) - 339M - 480M(8H) - 679M
---------- Trading Methods ----------
How to open a Long position?
When a profitable Long pattern appears, open small position first based on signal on shortest-term time frame; after retesting and confirming the support, open 2nd position; when it breaks through the resistance, pullbacks and confirms the breakout, open 3rd position.
How to exit a Long position?
Lift the Stop to a confirmed higher low, so that to take advantages of the bull run as possible.
How to open a Short position?
When a profitable Short pattern appears, open small position first based on signal on shortest-term time frame; after retesting and confirming the resistance, open 2nd position; when it breaks through the support, bounces and confirms the breakdown, add 3rd position.
How to exit a Short position?
Lower the Stop to a confirmed lower high, so that to take advantages of the bear run as possible.
---------- Versions Description ----------
The features may change later without advance notice.
PRO:
Invite-Only, with the following advanced features:
12 Ribbons Rainbow displays 9 Seasons of 12 time frames on a chart.
Advanced alert sets allows set alerts on short-term, medium-term, and long-term time frames.
Capability to input different trading instrument to compare with the current ticker.
Full time periods access allows apply it to broadest time periods, from 1 minute to 1 week (if history data is enough)
More new features in updates.
STANDARD:
Invite-Only, with the following advanced features:
8 Ribbons Rainbow displays 9 Seasons of 8 time frames on a chart.
Advanced alert sets allows set alerts on upper and lower frames.
Broad time periods access allows apply it to the most popular time periods, from 15 minute to 1 week (if history data is enough)
More new features in updates.
DEMO:
DEMO version is for trial purpose, having most of the features.
It is applicable to a list of trading instruments and specific time periods (1 hour to 1 day), which may change later without advance notice.
---------- Access to Indicators ----------
Please use DEMO version for Trial
Asking access to Invite-Only PRO and STANDARD versions:
9seasonsrainbowindicator.blogspot.com
Or contact the author.
---------- Install Invite Only: STANDARD & PRO Version----------
Ask access to STANDARD or PRO version
Open the chart -> Indicators (On the Top) -> Invite-Only Scripts (2nd button of the left bar)
Like/Favorite the indicator
Click to install on the chart
---------- About Loading Time ----------
It may take up to 2 minutes for your browser to load a new setting, depending on the your computer and network speed.
---------- List of the author's Indicators ----------
www.tradingview.com
---------- Disclaimer ----------
By using or requesting access to the indicator, you acknowledge that you have read and accepted that the indicator and any related content, including but not limited to: user manual, tutorials, ideas, videos, chats, emails, blog, are for the purpose of trading strategies studying and paper trading.
If a customer or user uses the indicator or related content mentioned above for live trading or investment, she/he should take all risks and be responsible for her/his own trading and investment activities.
---------- Updates ----------
The latest updates override the previous description.
To activate a update: Close the browser, Reopen the chart and apply the indicator.