Zig Zag script that uses local minimums and maximums as pivot points. It can be used as a source for pattern recognition.
A simple way to find Higher Highs and Lower Lows (HH and LL) whit automatic Fibonacci Lines in the most common levels. In this indicator the Higher Highs only happens when a high value are rising from each other in the last "Length of Real Pivots" highs and the next same number of highs are falling in every single bar. The Lower Lows are inverted, LL only...
Hello Everyone! This is my new trend lines script (after beta version that was published almost one year ago) The idea is to find Pivot Highs (PH) and Pivot Lows(PL) first. Then, If current PH is smaller then previous PH (means no new higher high and possible downtrend) then draw trend line using them. and also it checks previous trend line (if exits) and if...
This is "Harmonic Patterns", part 2 Open Source (in 2 parts, otherwise many lines are gone because the script is too large): - Crab - Bat (+ Alt) - Butterfly - Shark A "Pattern" is created by checking 5 consecutive ( pivot ) points, starting with X, A, B, C, and ending with point D. At point D all 5 points are compared, calculated and...
I just put this as one user ask for me to do it. So it the zigzag++ and fibs ,and other pivots type the fibs can daily , monthly , year the info panel need to be adjusted by either offset =distance from or by putting a number , here its btc so I put about 500 above from close =8500 this important as otherwise it will look messy and not pretty so for each type...
THIS CODE IS BASED FROM THE MT4 ZIGZAG INDICATOR THE ZIGZAG SETTINGS FOR THE MAIN ONE ON TRADINGVIEW DO NOT WORK THE SAME AS MT4 I HOPE U LOVE IT I have had tons of experience on the ZIGZAG indicator and thought this might help someone. Enjoy this code. Zigzag is a good indicator in many ways and people underestimate it because of its repainting Check out...
I've got a new idea, and I think it's possible to make countless changes.
A ZigZag Like based on candle close. A lot of options that can be hide in options. Triangle/bright - reversal confirmation candle Circle/dark - higher/lower candle breakout Square/light - Insidebar
Useful in finding the percent change in the ATR. Google it and see how you can implement it. I use it in a zig zag indicator made by Ricardo Santos. Happy Trading!
This indicator is similar to the Weis Wave Volume indicator in that it shows cumulative volume for each up and down price wave. However it is calculated differently, using the Jurik moving average to determine turning points. Use this in conjunction with the R100 Wave indicator to determine the best fit Jurik length and power settings. A great indicator to help...
This is a Wave (or Zig Zag) indicator I made to use in conjunction with the Wave Volume indicator I use. It uses the Jurik moving average to determine turning points, and will plot the tops and bottoms of the wave based on the most recent high- so you can also use to quickly find pivot highs and lows. If you are using with the R100 Wave Volume indicator, first...
This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points. Generally HH and HL shows up-trend, LL and LH shows down-trend. If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script...
Port of @RicardoSantos' Fractal Regression Channel V0 from pinescript 2 to pinescript 3. // Source: // Original Author: @RicardoSantos
This is a alternative version of the well known "ZigZag indicator" but it uses turning points of the Jurik ma instead of the traditional "pivot points" that are by definition lagging by a large lookback period, the (almost-) Zero Lag ZigZag lags by about 2 bars on average (depending on the candles forming) The ZigZag pattern can be used to draw trendlines and S/R...
Introduction Making lines is great in technical analysis since it can highlights principal movements and make the analysis of the price easier when using certain methodologies (Elliott Waves, patterns). However most of the indicators making lines (Zig-Zag, simple linear regression) are non causal (repaint), this is the challenge i tried to overcome, making an...
This is zigzag % , no repaint and no lag as it based on % changes the main issue is the addition of take profit and stop loss together with trailing (thanks to Yatrader to his code) set the zigzag% according to best fit of your graph for best results
Kawabunga Swing Failure Points Candles (SFP) by RagingRocketBull 2019 Version 1.0 This indicator shows Swing Failure Points (SFP) and Swing Confirmation Points (SCP) as candles on a chart. SFP/SCP candles are used by traders as signals for trend confirmation/possible reversal. The signal is stronger on a higher volume/larger candle size. A Swing Failure Point...
Its a Swing Chart based on the methods discussed in www.unofficed.com