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OPEN-SOURCE SCRIPT

PA Helper

By gigi_duru
Updated
Provides a holistic view of key support and resistance levels across multiple timeframes. This versatile indicator allows traders to customize and configure timeframes, empowering them to make more informed decisions based on dynamic market conditions.

Configurable Timeframes:
Tailor your analysis to specific market scenarios by configuring the timeframes that matter most to your trading strategy. Whether focusing on short-term intraday movements or longer-term trends, this indicator adapts to your preferred time intervals.

Dynamic Support and Resistance Lines:
The indicator dynamically calculates and displays support and resistance lines based on the selected timeframes. This ensures that the analysis is responsive to changing market dynamics, providing a more accurate representation of potential reversal zones.

Color-Coded Lines:
Easily identify and differentiate between support and resistance lines with color-coded markings. This visual representation simplifies the interpretation of key price levels, enabling traders to make quicker and more confident trading decisions.

Aggregated Overview:
Gain a comprehensive understanding of support and resistance levels by viewing an aggregated overview of lines from different timeframes. This feature helps traders identify confluence zones, where multiple timeframes converge to strengthen a particular support or resistance level.

User-Friendly Interface:
The indicator boasts a user-friendly interface, making it accessible for traders of all experience levels. Effortlessly navigate through timeframes and settings, and quickly interpret the analysis for more effective decision-making.

The Multi-Timeframe Support and Resistance Lines indicator is a valuable asset for traders seeking a comprehensive and customizable tool to enhance their technical analysis. Whether employed for day trading, swing trading, or trend analysis, this indicator offers the flexibility and precision needed to navigate the complexities of the financial markets successfully.
Release Notes
Added bias candles relative depiction
Release Notes
We are excited to announce the latest update to our trading indicator, introducing significant enhancements to empower your technical analysis. In Version X.X.X, we have focused on providing a more comprehensive understanding of market sentiment by incorporating a snapshot feature for the latest daily and 4-hour candles.

Key Features:

Daily Candle Snapshot:

The update introduces a configurable snapshot of the latest daily candle. Traders now have immediate access to crucial information, allowing for quick assessment of daily price movements.
4-Hour Candle Analysis:

In response to user feedback, we have expanded the functionality to include snapshots of the two most recent 4-hour candles, both fully configurable. This addition provides a more nuanced view of short-term trends, aiding in precise decision-making.
Session Bias Determination:

The new release facilitates a more informed understanding of the market by helping users identify the session bias. With the latest daily and 4-hour candle snapshots, traders can easily gauge whether the market sentiment is bullish, bearish, or mixed.
Configurability:

Recognizing the diverse needs of our user base, we have emphasized configurability. Traders can tailor the indicator to their specific preferences, choosing the timeframe for the daily candle snapshot and the number of 4-hour candles to analyze.
Enhanced Visual Representation:

We have refined the visual representation of the indicator to ensure a user-friendly experience. Clear and intuitive displays aid in quick interpretation of the market bias, promoting efficient decision-making.
Compatibility:

The updated indicator is seamlessly integrated into the TradingView platform, ensuring compatibility with your existing charts and analysis tools. Whether you are a seasoned trader or a novice, incorporating this update into your workflow is seamless.
How to Use:

Simply apply the updated indicator to your TradingView chart.
Configure the settings according to your preferences.
Utilize the daily and 4-hour candle snapshots to determine the session bias.
Conclusion:
With this update, we aim to provide traders with a powerful tool for refining their market analysis. The ability to quickly assess the latest daily and 4-hour candles empowers you to make well-informed decisions. As always, we value your feedback and are committed to enhancing your trading experience. Happy trading!
Release Notes
Added colored bias areas
Release Notes
- Improved levels detection
- Improved bias area drawings
Release Notes
Added level/lines decongestion option
Release Notes
Performance improvements
Release Notes
Improved levels visibility (long running lines)
Release Notes
Bias improvements
Release Notes
Improved decongestion
Release Notes
Improve decongestion, performance and level detection
Release Notes
Added a points multiplier feature for easier scalability of point values when the indicator is applied to different instruments
Release Notes
Beginning of theme support
Release Notes
Added themes
Release Notes
Fixed a bug regarding level detections on the chart's timeframe
Release Notes
Performance improvements on higher timeframes, when fewer levels selected, and when bias & ranges deactivated
Release Notes
Markup LTAs
Release Notes
Fixed array error
Release Notes
Improved LTA display
Release Notes
Cosmetic Updates
LTA improvements
Release Notes
Improve sessions display
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Automatic bias proposals
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Added option to hide lines, labels
Release Notes
Improved level decongestion
Release Notes
LTA filtering
Release Notes
Focus Alerts:
By providing customizable Focus Alerts at specified intervals, this addition aids traders in efficient time management.

The feature allows traders to focus on the charts only during the specified elapsed intervals, minimizing the need for constant monitoring

  • Alert Text: You can set a customizable message for each focus alert.
  • Focus Start: Specifies the starting date and time for the focus alerts.
  • Alert Interval: Allows you to choose the time interval for repeated focus alerts.
  • Respect Sessions: An option to respect session times for focus alerts.


The indicator utilizes the alert function to trigger alerts based on the specified conditions.
Alerts are triggered at the specified intervals starting from the provided focus start date and time.
The indicator respects session times, and the alert will trigger at most once per bar.

Release Notes
UI improvements
Release Notes
Fixed focus alerts during session times
Release Notes
Performance improvements
Release Notes
Allow multiple focus alerts per bar
Release Notes
Added possibility of alert when price closes below/above
Release Notes

  • Added Session Start/End notifications
  • Improved price closure notifications
Release Notes
Notifications On Close Above/Below Marked Levels
Release Notes

  • Added advanced alerts
  • Added support on Discord
Release Notes
UI adjustment
Release Notes
Added max levels per TF option
Release Notes
UI improvements: remove unnecessary info from the status line
Release Notes
Extra marking fresh/tapped levels
Release Notes
Added option to show level prices
Release Notes
Option to hide candles outside session hours
Release Notes
Fixed LTA display
Release Notes
Adding an option for LTA alerts
Release Notes

  • Added option to alert on bias change
  • UI improvements
Release Notes
Ability to name the instance of the indicator (useful when applied multiple times with different settings on the same chart)
Release Notes
Improving performance when decongestion is off
Release Notes
LTA detection fixes
Release Notes
Added levels heatmap
Release Notes
Added level score (strongness) - An indication of how strong a certain support/resistance is, based on what other levels are nearby in the same price zone
Release Notes
Added support for psychological levels: key round price numbers (customizable) where price may bounce from
Release Notes
Added "All distinct levels" as a decongestion option
Release Notes
Templates support
Release Notes
Customizable Heatmap colors
Release Notes
Added more Heatmap sizes customization
Release Notes
Added option to group levels that are common on multiple timeframes
Release Notes
Grouping levels bugfixes
Release Notes
Added option to choose up to how many levels to concatenate while grouping common levels on multiple timeframes
Release Notes
Now displaying the custom alert levels on the chart, together with their custom notes
Release Notes
Fixed small issues and slightly improved performance
Release Notes
Allowing decongestion for Levels templates
Release Notes
Slight performance improvements
Release Notes
Separated the concept of LTA (Low Traffic Area) and NTA (No Traffic Area) - available in templates
Release Notes
Added lookback period option to increase performance
Release Notes
Improved UI and heatmap
Release Notes
Added additional help text, clarifying decongestion
Release Notes
Improved settings UI and heatmap display
Release Notes
Added the option of persisting the heatmap
Release Notes
New option: highlight gaps
(only visible on brokers/charts that are not smoothing candles)
Release Notes
Added the option to show/hide historical gaps
Added a version date to ensure you always have the latest version of the indicator
Release Notes
Added the option to smooth candles.
Note: the original candles should stay hidden in order to view only the indicator's candles
Release Notes
Added option to highlight the candles that have no wicks
Release Notes
Renamed NTA (no traffic area) to LTA (low traffic area).
LTA is the area between levels on the current timeframe
NTA is the area between any levels on any timeframe (more restrictive than LTA)
Release Notes
Improved tooltip help texts amd guidance
Release Notes
  • Improved UI
  • Improved level decongestion (prioritizing older levels)
  • Improved light theme
Release Notes
Displaying levels with S/R (support/resistance) suffixes
Release Notes
  • Added experimental feature: contention price (levels where price had difficulties of advancing in the past)
  • Simplified UI
Release Notes
Introducing levels count per zone: shows the number of all multi timeframe levels that were historically formed, grouped in zones of a custom size
Release Notes
Add the option to filter the notifications of closing above/below selected timeframes based on bias: notify a close above on bullish bias, notify a close below on bearish bias
Release Notes
UI improvements & simplification
Release Notes
Added the option of showing notification flags whenever an alert is supposed to be triggered (useful for observing past data and movements)
Release Notes
UI improvements and better small fixes regarding levels grouping
Release Notes
Added the option of showing when levels were created (for those levels that are old)
Release Notes
Improved level creation date display (not showing hours when it's not relevant)
Fixed level detection regression
Release Notes
Improved level detection
Release Notes
Improved psychological key level detection
Release Notes
Visual feature: only display the lines (no text) for levels that already had their timeframe described
Release Notes
Bias now taking into account gaps, virtually smoothing candles
Release Notes
Simplified bias: displaying only the last 2 HTF candles (e.g. previous D and previous 4h), instead of 3 candles
Release Notes
Improved loading performance and applying max-lookback to smoothed candles
Release Notes
Lighter smooth candles template (not including gaps & no-wick highlights)
Recent lookback is now set to 2000 bars
Release Notes
Option to ghost out the current candle so that it's not influencing decisions before it closes
Release Notes
Considering wicks as ½ of a passthrough
Release Notes
Removed some unnecessary options: showing fresh levels and the level's creation date/time
Release Notes
Removed customizable size for LTAs to avoid options clutter
Release Notes
- improved level grouping
- added option to show/hide level types
Release Notes
Downgraded to a lite version, only concentrated on support/resistances (multi timeframe), bias, smooth candles, opening hours and notifications.

Out of support as of today.

For the fully fledged and maintained indicator, please check
PAH
Candlestick analysisChart patternsCycles

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

gigi_duru
Privately maintained PA Helper indicator:

tradingview.com/script/YXOUXW17-PAH/

Join Discord group for Q&A, support, requests, suggestions and/or general trading discussions:

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.