Best Camarilla Indicator for Trading in Multiple Time Frames
When markets are trading at all time highs finding potential upside levels can be tricky and traders and investors use all manner of metrics to help them. And it’s one reason we developed a Camarilla indicator that displays six levels rather than the more usual four. In addition, the indicator displays time frame specific levels. For example, levels on all charts up to but not including the hourly are refreshed every 24 hours, whilst the levels on the hourly and up to the daily are in play for one week with the weekly levels remaining play for the month.
In this section from our latest webinar, we explain how to apply the indicator to the NQ which is one of the futures contract for the Nasdaq, an index that has been roaring higher for some time and triggering FOMO in many traders and investors.
The Camarilla pivot indicator is a favorite for intraday and swing traders. It generates 8 daily levels (4 support S1-S4, 4 resistance R1-R4) from the previous session’s range. These act as dynamic support/resistance—great for reversals at extremes (L3/R3) or breakouts beyond L4/R4.
For multiple timeframes (e.g., daily for bias, hourly/15-min for entries), the best is the Quantum Camarilla Levels Indicator (from Quantum Trading).
Why Quantum Camarilla Is Best for Multi-Timeframe Trading
- Extended Levels: Up to R6/S6 (beyond standard 8)—deeper insight for higher timeframes or strong trends.
- Multi-Timeframe Compatibility: Works seamlessly on any chart timeframe (daily, 4-hour, 1-hour, 15-min). Switch views without recalculating.
- Features: Customizable brick sizing, alerts on level touches/breaks, clean visuals, auto-plotting.
- Platforms: NinjaTrader 7/8, MT4/MT5, TradingView.
- VPA Integration: Pairs perfectly with volume price analysis—high volume at Camarilla levels confirms conviction. Quantum’s version ties in with Trend Monitor and VPOC for relational strength.
It’s designed by traders for traders (Anna Coulling’s ecosystem)—precise for fast markets like forex, indices, or commodities.
Alternatives (Solid but Less Advanced)
- TradingView Scripts: “Camarilla Pivots” by everget or “Advanced Camarilla” — free, good alerts, multi-timeframe. Less extended levels.
- NinjaTrader Built-In/Free: Basic 8 levels, reliable but no extras like Quantum’s R5/R6 or auto-alerts.
- MT5 Standard: Simple pivots, but lacks Quantum’s enhancements.
How to Use Camarilla Across Multiple Timeframes
- Higher Timeframe (Daily/4-Hour): Identify overall bias—price above R3 = bullish, below S3 = bearish.
- Lower Timeframe (1-Hour/15-Min): Time entries—bounce at L3/R3 on volume support, or breakout beyond L4/R4.
- VPA Confirmation: High volume at level = conviction. Low volume rejection = potential reversal.
- Quantum Tip: Use with Currency Strength/Matrix for relational context in forex.
For multi-timeframe precision, Quantum Camarilla stands out—extended levels + VPA synergy make it the top choice. Test on demo (NinjaTrader free). If you trade emini or forex, it’s a game-changer!
By Anna Coulling
Creator of the volume price analysis methodology