PROTECTED SOURCE SCRIPT
AekFreedom PriceActionKiller
AekFreedom PriceActionKiller is an indicator designed to highlight and recolor candlesticks that form key Price Action patterns such as Engulfing and Outside Bars. It also includes a built-in alert system so you never miss important signals.
🔍 Detected Candlestick Patterns
Bullish Engulfing
Current candle closes bullish (green) and engulfs the previous bearish candle.
Highlighted in Blue.
Bearish Engulfing
Current candle closes bearish (red) and engulfs the previous bullish candle.
Highlighted in Purple.
Bullish Outside Bar
Previous candle is bullish, current candle is also bullish.
Current candle’s High > previous High and Low < previous Low.
Highlighted in Blue.
Bearish Outside Bar
Previous candle is bearish, current candle is also bearish.
Current candle’s High > previous High and Low < previous Low.
Highlighted in Orange.
🎨 Candle Coloring Logic
If a candle matches one of the above patterns, it will be recolored accordingly.
If no special pattern is detected, candles are displayed with default colors:
Bullish candle = Teal
Bearish candle = Red
⏰ Alerts System
The script supports Alert Conditions for the following:
🔵 Bullish Engulfing
🟣 Bearish Engulfing
🔷 Bullish Outside Bar
🟠 Bearish Outside Bar
⚡ Alerts are triggered once per bar close when conditions are met.
✅ How to Use
Add this indicator to your chart (Overlay = True).
Create alerts based on the patterns you want to track.
Use in combination with other tools (support/resistance, trendlines, or other indicators) for better confirmation.
📌 Note: This indicator highlights Price Action signals only. It is not a standalone Buy/Sell system. Always combine with proper market analysis and risk management.
🔍 Detected Candlestick Patterns
Bullish Engulfing
Current candle closes bullish (green) and engulfs the previous bearish candle.
Highlighted in Blue.
Bearish Engulfing
Current candle closes bearish (red) and engulfs the previous bullish candle.
Highlighted in Purple.
Bullish Outside Bar
Previous candle is bullish, current candle is also bullish.
Current candle’s High > previous High and Low < previous Low.
Highlighted in Blue.
Bearish Outside Bar
Previous candle is bearish, current candle is also bearish.
Current candle’s High > previous High and Low < previous Low.
Highlighted in Orange.
🎨 Candle Coloring Logic
If a candle matches one of the above patterns, it will be recolored accordingly.
If no special pattern is detected, candles are displayed with default colors:
Bullish candle = Teal
Bearish candle = Red
⏰ Alerts System
The script supports Alert Conditions for the following:
🔵 Bullish Engulfing
🟣 Bearish Engulfing
🔷 Bullish Outside Bar
🟠 Bearish Outside Bar
⚡ Alerts are triggered once per bar close when conditions are met.
✅ How to Use
Add this indicator to your chart (Overlay = True).
Create alerts based on the patterns you want to track.
Use in combination with other tools (support/resistance, trendlines, or other indicators) for better confirmation.
📌 Note: This indicator highlights Price Action signals only. It is not a standalone Buy/Sell system. Always combine with proper market analysis and risk management.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.