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Candlestick analysis

High Probability Order Blocks [AlgoAlpha]🟠 OVERVIEW This script detects and visualizes high-probability order blocks by combining a volatility-based z-score trigger with a statistical survival model inspired by Kaplan-Meier estimation. It builds and manages bullish and bearish order blocks dynamically on the chart, displays live survival probabilities per block, and plots optional rejection signals. What makes this tool unique is its use of historical mitigation behavior to estimate and plot how likely each zone is to persist, offering traders a probabilistic perspective on order block strength—something rarely seen in retail indicators. 🟠 CONCEPTS Order blocks are regions of strong institutional interest, often marked by large imbalances between buying and selling. This script identifies those areas using z-score thresholds on directional distance (up or down candles), detecting statistically significant moves that signal potential smart money footprints. A bullish block is drawn when a strong up-move (zUp > 4) follows a down candle, and vice versa for bearish blocks. Over time, each block is evaluated: if price “mitigates” it (i.e., closes cleanly past the opposite side and confirmed with a 1 bar delay), it’s considered resolved and logged. These resolved blocks then inform a Kaplan-Meier-like survival curve, estimating the likelihood that future blocks of a given age will remain unbroken. The indicator then draws a probability curve for each side (bull/bear), updating it in real time. 🟠 FEATURES Live label inside each block showing survival probability or “N.E.D.” if insufficient data. Kaplan-Meier survival curves drawn directly on the chart to show estimated strength decay. Rejection markers (▲ ▼) if price bounces cleanly off an active order block. Alerts for zone creation and rejection signals, supporting rule-based trading workflows. 🟠 USAGE Read the label inside each block for Age | Survival% (or N.E.D. if there aren’t enough samples yet); higher survival % suggests blocks of that age have historically lasted longer. Use the right-side survival curves to gauge how probability decays with age for bull vs bear blocks, and align entries with the side showing stronger survival at current age. Treat ▲ (bullish rejection) and ▼ (bearish rejection) as optional confluence when price tests a boundary and fails to break. Turn on alerts for “Bullish Zone Created,” “Bearish Zone Created,” and rejection signals so you don’t need to watch constantly. If your chart gets crowded, enable Prevent Overlap ; tune Max Box Age to your timeframe; and adjust KM Training Window / Minimum Samples to trade off responsiveness vs stability.
Pine Script® indicator
by AlgoAlpha
6
Trade by khushalkheni.Custom MACD (20 EMA / 50 EMA) Description: This custom indicator is a variation of the traditional MACD, designed to provide more responsive trend signals by using the 20 EMA (fast) and 50 EMA (slow) instead of the default MACD settings. It calculates the difference between the 20-period EMA and the 50-period EMA to identify bullish or bearish momentum. MACD Line: 20 EMA - 50 EMA Signal Line: 9-period EMA of the MACD Line Histogram: Visual representation of the difference between the MACD Line and Signal Line Use Case: Ideal for swing and trend traders looking for early momentum shifts. A MACD crossover above the signal line may indicate a bullish trend, while a crossover below suggests a bearish trend.
Pine Script® indicator
by khushalkheni
STOCK SCHOOL | FVGThe Stock School FVG Indicator is designed to help traders identify and trade Fair Value Gaps (FVGs) and Inverse FVGs (IFVGs) with precision. Built for both intraday and swing traders, this tool highlights high-probability trading zones where institutions leave imbalances in the market. ✨ Key Features: Auto-detects FVGs & IFVGs in real-time Works on all timeframes and instruments (Nifty, BankNifty, Stocks, Forex, Crypto) Non-repainting logic for reliable signals Clean and easy-to-use interface with Stock School styling Perfect for Smart Money Concept (SMC) traders 🚀 With this indicator, you can: Spot institutional footprints quickly Combine with BOS, CHoCH, Order Blocks for high accuracy Trade liquidity sweeps + FVG collisions with confidence 💡 Disclaimer: This indicator is for educational purposes only. Trading involves risk. Always use proper risk management.
Pine Script® indicator
by stockschoolindia
ICT SIlver Bullet Trading Windows UK times🎯 Purpose of the Indicator It’s designed to highlight key ICT “macro” and “micro” windows of opportunity, i.e., time ranges where liquidity grabs and algorithmic setups are most likely to occur. The ICT Silver Bullet concept is built on the idea that institutions execute in recurring intraday windows, and these often produce high-probability setups. 🕰️ Windows London Macro Window 10:00 – 11:00 UK time This aligns with a major liquidity window after the London equities open settles and London + EU traders reposition. You’re looking for setups like liquidity sweeps, MSS (market structure shift), and FVG entries here. New York Macro Window 15:00 – 16:00 UK time (10:00 – 11:00 NY time) This is right after the NY equities open, a key ICT window for volatility and liquidity grabs. Power Hour Usually 20:00 – 21:00 UK time (3pm–4pm NY time), the last trading hour of NY equities. ICT often refers to this as another manipulation window where setups can form before the daily close. 🔍 What the Indicator Does Draws session boxes or shading: so you can visually see the London/NY/Power Hour windows directly on your chart. Macro vs. Micro time frames: Macro windows → The ones you set (London & NY) are the major daily algo execution windows. Micro windows → Within those boxes, ICT expects smaller intraday setups (like a Silver Bullet entry from a sweep + FVG). Guides your trade selection: it tells you when not to hunt trades everywhere, but instead to wait for price action confirmation inside those boxes. 🧩 How This Fits ICT Silver Bullet Trading The ICT Silver Bullet strategy says: Wait for one of the macro windows (London or NY). Look for liquidity sweep → market structure shift → FVG. Enter with defined risk inside that hour. This indicator essentially does step 1 for you: it makes those high-probability windows visually obvious, so you don’t waste time trading random hours where algos aren’t active.
Pine Script® indicator
by muddydefenders
Argentum Flag [AGP]Ver.2.1Technical Description of the "Argentum Flag " Indicator The "Argentum Flag " is a multifaceted trading indicator designed to provide a comprehensive view of market dynamics by combining elements of trend, volatility, momentum, and volume analysis. Its architecture is built on the synergy of multiple technical tools, allowing traders to make more informed decisions by reducing market noise and focusing on high-probability inflection points. 1. Dynamic AGP Bands (EMA 36 and Percentage Levels) The core of the indicator is a 36-period Exponential Moving Average (EMA), which acts as the price's baseline and center of gravity. From this EMA, the script plots dynamic bands at predefined percentages (Base, Prime, and Vortex). Logic: These bands are not static like Bollinger Bands; they expand and contract in response to the underlying EMA. This methodology helps identify relative volatility and trend strength. When the price trades within these bands, it's considered to be in a range or a controlled consolidation. Benefit to the Trader: They provide a quick visual of dynamic support and resistance levels. A price movement beyond the Vortex band can signal an extreme market imbalance, suggesting potential trend exhaustion or a high-energy breakout. 2. Breakout Signals (Signals) The indicator generates plotshape signals when the price stays outside the volatility bands for a specific number of consecutive bars (2 for the Prime band and 3 for the Vortex band). Logic: These signals act as an overextension detection system. The underlying principle is that once the price breaks and holds outside these zones, the probability of a pullback or a reversal increases significantly. The lastSignalBarIndex logic prevents signal overload and ensures a cooling-off period, eliminating noise from consecutive signals. Benefit to the Trader: It provides clear visual alerts for taking profits or looking for potential reversals. A trader can use the Vortex band exit signal (⌾) as confirmation to close a long or short position, while the Prime band signal (⍲) can indicate a potential pullback for a trend-following entry. 3. Bar Volume Analysis (Barcolor) The script introduces a sophisticated bar coloring system that classifies volume activity relative to a 50-period Simple Moving Average (SMA). Logic: The coloring is based not only on whether the bar is bullish or bearish but also on the magnitude of the volume. For instance, extreme volume (more than 3.5 times the average volume) is colored blue, indicating institutional participation or a high-impact event. High (1.8x) or average (0.6x - 1.7x) volume is distinguished with other colors, providing a visual map of the underlying strength behind each price move. Benefit to the Trader: It allows for a quick identification of bars with the highest market conviction. A bearish price bar with extreme volume (extreme_volume_bearish) might signal significant liquidation, while a bullish bar with extreme volume (extreme_volume_bullish) could suggest strong accumulation. 4. Real-Time Monitoring Tables (EMA and RSI) The indicator includes two data tables in the bottom corner of the screen, acting as a dashboard for multi-timeframe analysis. EMA Table (Fibonacci): This table shows the current values of a series of Fibonacci-based EMAs (13, 21, 34, etc.). The background color of each cell indicates whether the current price is above (white) or below (blue) the corresponding EMA. Logic: This table allows traders to assess the trend bias across different timeframes, from short to long-term. An alignment of multiple EMAs in the same direction (e.g., all white) confirms a strong trend. Benefit to the Trader: It provides a quick check for trend confirmation. For example, before opening a long position on a 5-minute chart, a trader can verify if the overall trend on higher timeframes (e.g., 4h or 1D) is also bullish. RSI Table (Multi-Timeframe): This table shows the Relative Strength Index (RSI) values across multiple timeframes, from 1 minute to monthly. The cell lights up orange if the RSI is in the overbought zone (> 77) or white if it's in the oversold zone (< 23). Logic: The use of request.security enables the fetching of data from other timeframes on the current bar. This is a crucial component for multi-timeframe divergence analysis. Benefit to the Trader: It helps identify overbought or oversold conditions across different trading horizons, which is vital for spotting large-scale reversals. If the 1D and 4h RSIs are overbought, a long position on a lower timeframe could be high-risk. Competitive Advantages for Traders The "Argentum Flag " is not just a simple indicator; it's a consolidated technical analysis suite that saves time and effort. Instead of overlaying multiple indicators, a trader gets all the relevant information in a single view. The contextualized volume analysis and volatility-based signals are invaluable tools for filtering out low-quality entries and exits. Finally, the real-time monitoring tables provide a multi-timeframe perspective that is fundamental for validating market direction and managing risk. In trading, the convergence of multiple technical data points is key to increasing the probability of success. This indicator provides precisely that convergence, enabling both novice and experienced traders to make more precise and strategic decisions. Risk Warning (Disclaimer) Trading in financial markets carries a significant risk of loss and is not suitable for all investors. The information and signals provided by this indicator are for educational and analysis purposes only and should not be construed as financial advice. The past performance of any trading system or methodology is not necessarily indicative of future results. The user assumes all responsibility for their own trading decisions and any resulting losses or gains.
Pine Script® indicator
by Andromedae
MA+BB+LineThis indicator integrates three major components: the MA System, Bollinger Bands, and Chan Theory fractals & segments: MA System – Utilizes eight moving averages to form a comprehensive MA framework, allowing full customization of both the time periods and the calculation methods. Bollinger Bands – Provides dynamic volatility tracking and price channel visualization. Chan Theory Fractals & Segments – Implements a strict-mode automatic segmentation system based on Chan Theory: Green arrows indicate top fractals Red arrows indicate bottom fractals These fractals are used to automatically generate trend segments with precision.
Pine Script® indicator
by cgspine
Parabolic Move Indicator for catching moves with Penny Stocks. Catch the day’s first big moves! Track premarket gap-ups or gap-downs, then spot early momentum shifts using volume, RSI, VWAP, EMAs, and breakout levels—perfect for acting on strong intraday setups right at market open. **Description:** The Parabolic Move Scanner + VWAP Bands + EMAs indicator helps traders identify **high-probability intraday moves**, particularly immediately after market open. It is ideal for stocks that **gap up or down premarket, pull back slightly, and then show renewed strength or weakness** once regular trading begins. The indicator combines multiple components for precise signals: * **Relative Volume Filter: ** Highlights bars with unusually high activity to ensure signals are backed by real participation. * **RSI Momentum Change: ** Detects sudden momentum shifts to identify early strength or weakness. * **Recent Highs/Lows Breakout: ** Confirms price is breaking short-term resistance or support. * **VWAP & Standard Deviation Bands: ** Provides intraday trend reference points, with optional daily reset. * **Exponential Moving Averages (EMAs): ** Tracks trend across short, medium, and long-term intraday periods. * **Visual Signals: ** Background highlights and horizontal breakout lines make it easy to spot key bars. * **Alerts: ** Configurable alerts notify you of bullish or bearish parabolic moves. **Optimal Use Case: ** Use in the first 15–30 minutes after market open at 1 minute Time Frame. Best for **stocks showing a premarket gap followed by a pullback**, then resuming strength (bullish) or weakness (bearish). The combination of **volume, RSI, breakouts, VWAP, and EMAs** ensures you identify the **day’s biggest marktet open moves especially with penny stocks moves** with higher confidence. --- ### **Recommended Settings** **Component** | **Recommended Setting** | **Description / Purpose** | **Volume Average Length** | 20 bars | Period for calculating average volume to detect relative spikes. | | **Volume Multiplier** | 2.0 | Current bar volume must exceed 2× average to signal high activity. | | **RSI Length** | 7 bars | Short-term RSI period to measure momentum changes. | | **RSI Change Threshold** | 7 | Minimum RSI change required to trigger momentum signal. | | **Recent Highs Lookback** | 5 bars | Number of bars to check for short-term breakout levels. | | **Horizontal Line Length** | 10 bars | Length of horizontal breakout line drawn on the chart. | | **Horizontal Line Color** | Green (bullish) / Red (bearish) | Visual identification of breakout levels. | | **Horizontal Line Thickness** | 1 | Line width for breakout visualization. | | **VWAP Source** | hlc3 | Price source for VWAP calculation. | | **VWAP Bands Multipliers** | 1×, 2×, 3× | Standard deviation multiples for intraday bands. | **VWAP Daily Reset** | Enabled | Resets VWAP at the start of each trading day. | **EMA Lengths** | 9, 13, 20, 33, 50 | Short, medium, and long-term EMAs to track intraday trend. | | **Enable Bearish Signals** | True | Allows detection of bearish parabolic moves. | |
Pine Script® indicator
by samas49
SAP121212 — Close vs VWAP + Optional RSI (Signals)This indicator combines Supertrend, VWAP with bands, and an optional RSI filter to generate Buy/Sell signals. How it works Supertrend Flip (ATR-based): Detects when trend direction changes (from bearish to bullish, or bullish to bearish). VWAP Band Filter: Signals only trigger if the candle close is beyond the VWAP bands: Buy = Supertrend flips up AND close > VWAP Upper Band Sell = Supertrend flips down AND close < VWAP Lower Band Optional RSI Filter: Buy requires RSI < 20 Sell requires RSI > 80 Can be enabled/disabled in settings. Features Choice of VWAP band calculation mode: Standard Deviation or ATR. Adjustable ATR/StDev length and multiplier for VWAP bands. Toggle Supertrend, VWAP lines, and Buy/Sell labels. Alerts included: add alerts on BUY or SELL conditions (use Once Per Bar Close to avoid intrabar signals). Use Works best on intraday or higher timeframes where VWAP is relevant. Use the RSI filter for more selective signals. Can be combined with your own stop-loss and risk management rules. ⚠️ Disclaimer: This script is for educational and research purposes only. It is not financial advice. Always test thoroughly and trade at your own risk.
Pine Script® indicator
by InvestingIsBoring
Universal Stochastic Fusion (Simplified) — v6What this indicator is This indicator is called Universal Stochastic Fusion (USF). It’s a tool that helps traders see when the market might be too high (overbought) or too low (oversold), and when it might be a good time to buy or sell. ________________________________________ How it works Think of the market like a rubber band. • If the band stretches too far up, it usually snaps back down. • If it stretches too far down, it usually bounces back up. The USF indicator measures this stretch using something called the Stochastic Oscillator (just a fancy way of saying it looks at where the current price sits compared to recent highs and lows). It shows this on a scale from 0 to 100: • Near 100 → market is stretched upward (too hot). • Near 0 → market is stretched downward (too cold). • Around 50 → normal, middle ground. ________________________________________ What’s special about USF 1. Two views at once o It lets you see the market’s stretch on your current chart and on another timeframe (like a daily view). o This way, you can see the short-term and the bigger picture together. 2. Smart levels o Instead of always using the same “too high/too low” levels (like 80 and 20), it can adjust these lines automatically depending on how wild or calm the market is. 3. Buy and Sell signals o When the market looks too low and starts turning up, it can mark a BUY. o When the market looks too high and starts turning down, it can mark a SELL. 4. Extra filter (optional) o It can also use another tool (RSI) to double-check signals, so you don’t get as many false alerts. ________________________________________ How this helps traders • It helps traders avoid buying when prices are already too high. • It helps them spot possible bottoms where prices may bounce back. • It combines short-term and long-term signals so traders don’t get tricked by quick moves. ________________________________________ Where it works This indicator is universal — meaning it works on almost any market: • Stocks (like Apple, Tesla, etc.) • Forex (currencies like EUR/USD) • Crypto (Bitcoin, Ethereum, etc.) • Commodities (Gold, Oil, etc.) • Futures and Indices (S&P 500, Nasdaq, etc.) Because all these markets share the same pattern of prices going up and down too much and then pulling back, the USF can be applied everywhere. ________________________________________ 👉 In short: The Universal Stochastic Fusion is like a heat meter for the market. It tells you when prices might be too hot (good chance to sell) or too cold (good chance to buy), and it works in all markets and timeframes. ________________________________________
Pine Script® indicator
by SupertradeOfficial
Pattern ScannerUltimate Pattern Scanner — multi-timeframe candlestick discovery tool (educational use only). Purpose: This script scans user-selected timeframes for classical candlestick patterns (for example: engulfing, morning/evening stars, hammers, dojis, tasuki gaps, three soldiers/crows, tweezers, marubozu, and others) and reports pattern name, detection price, directional signal (Bull / Bear / Neutral), and a simple volume participation metric. It is intended as an idea-generation and training tool to help traders learn pattern mechanics, not as an automated trading system. Main modules and rationale: 1) Pattern engine — applies classical candle structure rules to detect formations; 2) SMA trend filter (configurable length) — provides a directional bias to favor trade-with-trend setups; 3) Volume heuristic — approximates participation by separating candles into buy-like and sell-like volume and comparing total volume to a moving average; 4) Multi-timeframe aggregator — collects and presents pattern results from multiple timeframes; 5) Alerts — optional alerts list detected patterns and TFs. Combining these modules is intentional: patterns provide structure, SMA provides context, and volume supplies participation confirmation. Together they improve the educational value and practical relevance of each detected pattern. How to use: Choose timeframes and SMA length that match your trading horizon. Use the scanner to locate pattern candidates, then confirm with higher-timeframe agreement and volume ratio before considering trade entry. Use structural stops (recent swing highs/lows or ATR-based stops) and define risk:reward rules. For learning, replay alerted bars and record outcomes over fixed horizons to build empirical statistics. Limitations: Volume classification (close>open) is a heuristic and not a true bid/ask tape. SMA is a lagging trend proxy. Multi-timeframe agreement reduces but does not eliminate false signals, especially around news or in low-liquidity instruments. Use demo accounts and backtesting before live trading. Inputs you can adjust: timeframe list, SMA length, volume MA length, which patterns to enable/disable, display options. Compliance notes: This description explains why modules are combined and what the script does without exposing source code logic; it is non-promotional and contains no contact links. Remove any trademark symbols unless registration details are provided. Risk Disclaimer: This tool is provided for education and analysis only. It is not financial advice and does not guarantee returns. Users assume all risk for trades made based on this script. Backtest thoroughly and use proper risk management.
Pine Script® indicator
by aiTrendview-Charting-System
2