This indicator is uses volume and common candlestick patterns to suggest potential trend reversals. It is not quite meant to be used as a buy/sell signal. Instead, it should be used to evaluate market psychology based on when the buyers or sellers fully dominated the price action. In the current version, the indicators looks for engulfing and pin-bar patterns....
This script is an alternative version of ChrisMoody's Price Action indicator, which is quite useful. However, I found it a little intrusive with all the colors. I wanted something more subtle, so I made this. The only difference is that this one uses shapes to highlight the candlestick patterns, and I dropped the Inside Bar indicator for simplicity.
A while ago I published a Candle Counter strategy that got quite some attention. Unfortunately it didn't work for all charts for some reason, so I decided to rewrite it. The result is, to me, astonishing. Judge for yourselves!
Changes the solid colored candles based on the price action around the Arnaud Legoux Moving Average. Please modify / improve and share with the community.
This is not new indicator. // Candle Patterns Indicator created by Robert N. 030715 // Volume Indicator @author LazyBear // Updated and translated by Blyayshman Это не новый индикатор - это компиляция нескольких для удобства одновременного отображения и экономии разрешенных индикаторов. Эта версия для отображения на главном экране, вместе с графиком. Можно...
This is not new indicator. It was created by Robert N. Modified and translated to russian by Blyayshman
based on indicator created by coinsheet.org created by autemox tells you when 9 candles in a row are green or red candles (this indicates price may be oversold or overbought)
This is a script to place Renko candles on your chart alongside another candle type or more importantly, using the variables from this script, you can build a strategy using Renko candles that will depict true/proper entries and exits in a strategy when using the backtest feature. We hope this helps!
This script shows via the oscillator window, how much red and green candles where shown - looking back a given number of candles. The number of candles to look back is 10 by default, but can be changed in the indicator settings. The red line indicates the number of red candles, while the green line shows the number of green candles.
1) Locomotive 2) Pin-bar 3) Bottom-indicator "CVI" 4) Bottom-indicator "UCS" 5) Bottom-indicator "WVF" (VixFix) 6) Bottom-indicator "RSI" + Sensivity-parameter + SMA Filter
This indicator will simply plot on your chart the Daily/Weekly/Monthly previous candle levels. The "Auto" mode will allow automatic adjustment of timeframe displayed according to your chart. Otherwise you can select manually. Indicator plots the open/close and colors the high-low range area in the background. Hope this simple indicator will help you ! You...
This is a large compilation of candlestick patterns that allows the user to detect up to 42 different bullish and bearish patterns. This script is intended to be a Pine Editor version of the one I normally used on a different platform, so your feedback is more than welcome to help me improve it, as fine tuning is ongoing. New patterns will be added in the next...
This indicator allows you to quickly view the true % change per candlestick (prev close > current close), but it also has 3 other customizable values for you to set your own % change conditions (such as open > high). Feel free to edit the script to suit your own needs as well.
This script helps identify indecision candles on for better entries into trade reversals. Note that I don't believe this signal/indicator should be used as a sole basis for entering/exiting a trade. This is simply to help you have an edge in terms of your chart/candle analysis when your brain fails to keep up with your trades.
Engulfings for bullish and bearish candles. Default is to compare to 20MA, but that is configurable. Bullish make white candles, bearish makes black candles. If the engulfing is against the direction of the MA, or if open and close are on opposite sides of the MA, the candles turn gray.
Measure of the total candle length, including the upper and lower wicks. Works best as a histogram in my opinion. Used as a quick reference for the high minus the low of each candle.
This indicator is everything you need to do Price Action Trading. It provides signals about: Inside Bars Pin Bars Fakey Pin Bars (background color red or green for bearish or bullish fakeys)
Requested Update to this Indicator alert project. In this update I have added the option to be able select which Price Action candles you want included in the display and the generated alarm Alert. Other changes also included in this update: Also added a Price Action candle for "Last Fractal S/R Break", this also a good continuation indication. Added option...