This indicator detects large swings/pivots in historical price action to highlight tops and bottoms which might act as future levels of support or resistance. The code by default detects the last 3 significant swing highs and the last 3 swing lows. It then places lines on the chart to highlight those levels.
For a full overview of the indicator and code...
This indicator provides some base code for looping over data to identify swings in price action. Full code commentary can be found on the backtest rookies website.
The indicator shall allow users to "analyse" a recent historical candle to detect whether it was a swing point. This will work by inputting a number to select which historical candle you want to...
Update to the zigzag, now it ignores the second top/bottom untill it finds a inversed top/bottom. TBTBTBTBTBTBTB instead of TBBTTBTBBTBTTB.
Updated to V8, link bellow in the related ideas.
This indicator will help you if you struggle making any profit in bitcoin.
It generates very few signals with very nice profit potential ( around 100% this year ! ).
Perfect tool for longterm swing traders and new traders that need help figuring out the midterm trend.
Use it with these parameters only:
weekly: 13, 5, 12
daily: 92, 21, 96
The 10/20 MA Heikin-Ashi Strategy is the best I know. It's easy, it's elegant, it's effective.
It's particularly effective in markets that trend on the daily. You may lose some money when markets are choppy, but your loss will be more than compensated when you're aboard during the big moves at the beginning of a trend or after retraces. There's that, and you...
Simple script to overlay swing highs and lows.
A Swing High (SH): a price bar high preceded by two lower highs (LH) and followed by two lower highs (LH).
A simple example script showing how to use label.new() to plot pivot prices on the chart.
A full tutorial and commentary is available on the backtest-rookies website.
My second version of plotting Swing Highs and Swing Lows
A Swing High (SH): a price bar high preceed by two lower highs (LH) and followed by two lower highs (LH)
This version enables you to ignores swing highs and lows when the market volatility is small and not suitable for trading.
Thus it will depict fewer number of SH and SL markers, making the chart a bit...
The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Based on Rick Santos 'Swing Charts V1 Darvas Box V0.1'
However I have migrated script to pine version 3, customized to suite and added a higher number for the trend count
Multiple Statistics from zigzag:
• Price range between swings.
• Bar range between swings.
returns maximum value, avg value and mean deviation.
if you find something missing, please leave a message bellow.
![EURUSD: [RS]Fractals V5](https://s3.tradingview.com/q/QqxKsdTU_mid.png "[RS]Fractals V5")
![EURUSD: [RS]Swing Charts V0 Trend Counter V0](https://s3.tradingview.com/a/AS5zongJ_mid.png "[RS]Swing Charts V0 Trend Counter V0")
![USOIL: [RS]Swing Charts V1 Darvas Box V0.1](https://s3.tradingview.com/i/I5U4pngH_mid.png "[RS]Swing Charts V1 Darvas Box V0.1")
![EURUSD: [RS]Swing Charts V0](https://s3.tradingview.com/v/Vivt0qHK_mid.png "[RS]Swing Charts V0")
![USDCAD: [RS]ZigZag Percent Reversal - Multiple Statistics](https://s3.tradingview.com/q/Q8qIfnDH_mid.png "[RS]ZigZag Percent Reversal - Multiple Statistics")
