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Candlestick analysis

The Wick Report [Pro]Overview The Wick Report visualizes how current wick development compares to long-term statistical behavior across multiple higher-timeframe candles. It references embedded datasets to show where wick formation is historically common, rare, or unusually small for a given session or timeframe. This provides a data-driven context for directional bias and wick-based targeting — without implying any form of prediction. Candles that form little or no wick are statistically uncommon. The Wick Report highlights these conditions and displays their percentile rank, exceedance probability, and a derived “score” that reflects how far current wick behavior deviates from typical norms. Key Features • Multi-Timeframe Analysis – View wick statistics from 4H, 6H, 12H, Daily, or Weekly candles projected onto any chart. • Wick Probabilities – Quantifies the historical likelihood of a wick extending beyond its current size. • Percentile Mapping – Shows where each wick sits within its long-term distribution (e.g., P25 = smaller than 75 % of prior wicks). • Score System – Automatically combines percentile and probability into a single normalized “target score” for simplified interpretation. • Wick Modes – Choose how wick data is displayed to suit your analysis style:   – Auto — Detects candle direction automatically and draws the statistically relevant wick (upper or lower).   – Bullish Only — Displays only lower wicks from bullish candles.   – Bearish Only — Displays only upper wicks from bearish candles.   – Both — Draws both upper and lower wick zones simultaneously for full candle symmetry. • Adaptive Visualization – Color-coded zones and dynamic labels update as higher-timeframe candles evolve. • Threshold Filters – Optional probability or score filters to hide low-significance wicks. About the Score The score balances two opposing factors:  • High probability of a wick extending further, and  • Low percentile ranking (a smaller-than-normal wick). A strong combination of both produces a higher score, highlighting candles where wick development is statistically most imbalanced. The scale is purely comparative — derived from historical distributions, not forward prediction. Target Score Rankings Outstanding (70 +) – Extremely rare, high-confidence zones — typically at very low percentiles with strong exceedance probability. Excellent (60–70) – High-confidence targets with clear statistical edge. Good (50–60) – Solid probability zones, reliable reference levels. Above Average (40–50) – Decent opportunities within normal ranges. Average (30–40) – Neutral zones; use additional confirmation. Below Average (20–30) – Low-confidence references. Poor (< 20) – High percentiles with low probability; statistically common and uninformative. Methodology & Use The Wick Report uses historical wick distributions to classify how current wick sizes compare to typical behavior for the same timeframe and session hour. When a candle forms a small or missing wick, the tool reports how often that condition historically remained unchanged through the rest of the candle’s interval. This helps identify when wick development is statistically under- or over-extended. The data is intended for contextual reference only — for example, combining a high-score, low-percentile wick on a higher timeframe with lower-timeframe structure may provide useful directional confluence. It does not generate trade signals or predict future movement. Proprietary Framework The Wick Report uses embedded statistical datasets built from more than a decade of historical market behavior. Each timeframe references pre-processed wick-size and exceedance distributions to display where the current wick sits within its long-term statistical range. All computational methods and dataset structures remain proprietary.
Pine Script® indicator
by LevelLogic
Synapse Dynamics - Market Structure📊 SYNAPSE DYNAMICS - MARKET STRUCTURE INDICATOR An educational tool for learning and practicing Smart Money Concepts (SMC) methodology through visual representation of institutional price action patterns. ═══════════════════════════════════════════════════ 🎯 WHAT THIS INDICATOR DISPLAYS This indicator visualizes Smart Money Concepts patterns on your chart: - Order Blocks (OB) - Supply and demand zones based on institutional order flow theory. The indicator identifies these areas using price action criteria including the final opposing candle before a strong directional move. - Breaker Blocks - Failed order blocks that may act as support/resistance. These occur when an order block is invalidated but price returns to the zone, potentially reversing its role. - Fair Value Gaps (FVG) - Three-candle imbalance patterns where price gaps create inefficiencies. The indicator marks these zones for reference in analysis. - Market Structure - Break of Structure (BOS) and Change of Character (CHoCH) patterns based on swing high/low breaks. These help identify potential trend continuation or reversal points. - Reference Entry Signals - The indicator calculates potential entry zones with accompanying stop loss and take profit reference levels based on order block and FVG locations. These are for educational reference only. - Higher Timeframe Context - Optional filter that displays the higher timeframe trend direction to provide additional market context. - Information Panel - On-screen dashboard showing active reference signals, their status, and relevant price levels. - Swing Point Mapping - Labels recent higher highs (HH), higher lows (HL), lower highs (LH), and lower lows (LL) based on configurable swing detection parameters. ═══════════════════════════════════════════════════ ⚙️ HOW IT WORKS The indicator uses the following methodology: **Order Block Detection:** Identifies the last opposing candle before a strong directional move that breaks structure. Filters blocks by size to reduce noise. **Market Structure Analysis:** Tracks swing points and identifies when price breaks previous highs/lows to determine BOS or CHoCH patterns. **Fair Value Gap Identification:** Detects three-candle patterns where candle 1's high/low doesn't overlap with candle 3's low/high, creating an imbalance zone. **Reference Signal Generation:** Combines order block proximity, FVG presence, and market structure breaks to suggest potential study areas. Optional HTF trend filter can be enabled. **Timeframe Adaptation:** Automatically adjusts swing detection sensitivity based on the chart timeframe (using multipliers for intraday vs. higher timeframes). ═══════════════════════════════════════════════════ 📚 EDUCATIONAL PURPOSE & IMPORTANT LIMITATIONS **This indicator is designed as an educational tool for:** - Learning Smart Money Concepts methodology - Practicing pattern recognition - Understanding institutional price action theories - Analyzing market structure visually **Critical Understanding:** - All signals and levels are REFERENCE POINTS for study - not trading recommendations - The indicator displays patterns based on historical price action - it cannot predict future movements - Smart Money Concepts is a theoretical framework - market behavior varies - Backtested or historical results shown do not guarantee future performance - No indicator can account for all market variables, news events, or changing conditions **Proper Use:** This tool is meant to assist in learning technical analysis concepts. Users must develop their own analysis skills, risk management strategies, and trading plans. The displayed patterns require interpretation within broader market context. ═══════════════════════════════════════════════════ ⚙️ CUSTOMIZATION OPTIONS **Adjustable Parameters:** - Order Block: Minimum size threshold, maximum count displayed - Fair Value Gaps: Toggle visibility, maximum count - Market Structure: Swing detection length, BOS/CHoCH display - Signals: Entry/SL/TP calculation method, HTF filter toggle - Visual Settings: Colors, line styles, label sizes, panel position **Timeframe Compatibility:** Works on all timeframes from 1-minute to monthly charts. The swing detection automatically scales based on timeframe. ═══════════════════════════════════════════════════ ⚠️ DISCLAIMER This indicator is for educational and informational purposes only. It does not constitute financial advice or trading recommendations. Trading involves substantial risk of loss. Past patterns and historical analysis do not indicate future results. Users are responsible for their own trading decisions and risk management. The author assumes no liability for trading losses. ═══════════════════════════════════════════════════ 🔧 ALERT FUNCTIONALITY Built-in alert conditions notify you when: - New order blocks are detected - Market structure changes occur (BOS/CHoCH) - Reference entry signals appear Configure alerts through TradingView's alert system.
Pine Script® indicator
by Dewaldnel11
ATR + Today's H/L Circles + MA Type + Bar Count### ATR + Today's H/L Circles + MA Type + Bar Count This indicator combines multiple intraday analysis tools into one compact and efficient display. It provides traders with real-time volatility metrics, daily high/low visual cues, configurable moving averages, and per-day bar counting for improved situational awareness. **Features:** 1. **Average True Range (ATR) Monitor** - Displays both ATR (price units) and ATR in tick equivalents directly in the status line. - Supports multiple smoothing methods: RMA, SMA, EMA, and WMA. - Allows customization of tick size to match non-standard instruments. 2. **Intraday High/Low Markers** - Automatically detects the highest and lowest points of the current trading day. - Marks these levels with subtle circular labels that update dynamically as new highs or lows form. 3. **Configurable Moving Average (MA)** - User-selectable type (RMA, SMA, EMA, or WMA) and period. - Fully customizable color and line width to match chart style. - Designed to provide flexibility across trend-following strategies. 4. **Per-Day Bar Counter** - Resets automatically at the start of each trading day. - Highlights the first bar with a distinct color and allows user-defined interval labels (e.g., every 5 bars). - Helps intraday traders gauge time and price development within daily sessions. 5. **Compact ATR Panel** - Optional floating table displaying current or historical ATR values (configurable number of bars ago). - Supports four corner positions with adjustable decimal precision. - Updates automatically on the last bar for efficient chart performance. **Use Cases:** Ideal for day traders and scalpers who rely on intraday volatility awareness, bar-based rhythm, and trend confirmation. The indicator is designed to be unobtrusive yet information-rich, offering a holistic intraday view without cluttering the chart.
Pine Script® indicator
by kelsonqu
Smart Money Concept: FVG Block Filter Smart Money Concept: FVG Block Filter (FVG Block Range vs N Range) with Candle Highlighter Summary: Smart Money Concept (SMC): An advanced indicator designed to visualize and filter Fair Value Gaps (FVG) blocks based on their size (Range) compared to the preceding N Range candle movement. It also includes a customizable Candle Highlighter function that marks the specific candle responsible for creating the FVG. The indicator allows full color customization for both blocks and the highlighter, and features clean, label-free charts by default. Key Features: FVG Block Detection: Automatically identifies and groups sequential FVG imbalances to form consolidated FVG blocks. FVG Block Filtering (N Range): Filters blocks based on a user-defined rule, comparing the block's size (Range) to the range of the preceding N candles (e.g., requiring the FVG block to be larger than the range of the previous 6 candles). Customizable Candle Highlighter: Marks the central candle (B) within the FVG structure (A-B-C) to highlight the source of the price imbalance. Highlighter colors are fully adjustable via inputs. Visualization Control: Labels are turned OFF by default to keep the chart clean but can be easily enabled via the indicator settings. Full Color Customization: Allows independent customization of Bullish and Bearish FVG Block colors, Block Transparency, and Bullish/Bearish Highlighter colors. Keywords: Smart Money Concept, SMC, Fair Value Gap, FVG, Imbalance, Block Filter, Candle Highlighter, Range.
Pine Script® indicator
by alexas77442211
1
IREN PR Markers IREN Press Release Marker This indicator plots the dates and titles of official Iris Energy (IREN) press releases directly on the price chart. All events were sourced from IREN’s Investor Relations News & Updates page and include major company announcements such as data-center expansions, GPU purchases, financing deals, and AI-cloud milestones. You can overlay it on NASDAQ:IREN or any other chart (e.g., Bitcoin, NASDAQ, or S&P 500) to visualize how IREN’s corporate news aligns with broader market moves. Features Automatically marks each press release with a labeled event below the candle. Combines multiple announcements from the same day into one label. Works on any timeframe (best viewed on Daily). All data pulled directly from IREN’s public investor website. Use Cases Correlate IREN’s announcements with stock, crypto, or macro price reactions. Identify historical patterns around GPU orders, expansions, or earnings reports. Great for traders studying news-driven volatility and timing.
Pine Script® indicator
by Action8Jackson8
IREN Press Release Markers through Oct 26th 2025IREN Press Release Marker This indicator plots the dates and titles of official Iris Energy (IREN) press releases directly on the daily price chart. All events were sourced from IREN’s Investor Relations News & Updates page and include major company announcements such as data-center expansions, GPU purchases, financing deals, and AI-cloud milestones. You can overlay it on IREN or any other chart (e.g., Bitcoin, NASDAQ, or S&P 500) to visualize how IREN’s corporate news aligns with broader market moves. Features Automatically marks each press release with a labeled event below the candle. Combines multiple announcements from the same day into one label. Works on any timeframe (only viewed on Daily). All data pulled directly from IREN’s public investor website. Use Cases Correlate IREN’s announcements with stock, crypto, or macro price reactions. Identify historical patterns around GPU orders, expansions, or earnings reports. Great for traders studying news-driven volatility and timing.
Pine Script® indicator
by Action8Jackson8
1
369 Swing Points369 Swing Points - Digital Root Time Analysis This indicator combines swing point detection with digital root numerology applied to intraday timestamps, filtering for times that reduce to 3, 6, or 9. Methodology: The script uses pivot point detection to identify swing highs and lows, then calculates the digital root of the bar's timestamp. Digital root is calculated by recursively summing the digits of a number until a single digit remains (e.g., 13:45 = 1345 → 1+3+4+5 = 13 → 1+3 = 4). Only swing points occurring at times with digital roots of 3, 6, or 9 are displayed. What Makes This Unique: Unlike standard swing point indicators, this filters results based on time-based numerology. The multiple calculation modes allow testing different hypotheses: whether the full timestamp (HHMM), just the minutes (MM), or either produces significant patterns. This is particularly useful for traders exploring intraday cyclical patterns or time-based market theories, especially popular in swing trading communities that follow specific time cycles. How It Works: Detects swing highs/lows using configurable lookback periods Extracts the timestamp from each swing point bar Calculates digital root using selected time mode (Full Time, Minutes Only, or Both) Displays only swings with DR of 3, 6, or 9 Includes timezone adjustment to match your local time Optional real-time plotting to show potential swings before confirmation Configuration: Swing Length: Sensitivity of pivot detection (default: 2) Digital Root Mode: Full Time (HHMM), Minutes Only (MM), or Both Timezone Offset: Aligns displayed times with your chart's timezone Label customization: Text size, color, spacing options Real-time Plotting: Shows unconfirmed swings as they develop (with transparency) Debug mode: View all swings with their digital roots for analysis Usage: Works on all intraday timeframes (1min to 4H). Adjust timezone offset to ensure accurate time display. Use debug mode to verify swing detection and see digital root calculations for all pivots. Enable "Highlight 369 Digital Root Bars" to see when current bar time has a 3/6/9 digital root.
Pine Script® indicator
by sdahaghi
7
Inside Bar + Harami ComboThis indicator visually highlights Inside Bars, Outside Bars, and Harami candlestick patterns directly on your chart using clean color-coded candles — no labels, no shapes, just visual clarity. It helps traders quickly identify potential reversal and continuation setups by coloring candles according to the detected pattern type. 🔍 Patterns Detected 🟨 Inside Bar — Current candle’s range is completely inside the previous candle’s range. Often signals price contraction before a breakout. 💗 Outside Bar — Current candle’s high and low exceed the previous candle’s range. Indicates volatility expansion and possible trend continuation. 🟩 Bullish Harami — A small bullish candle within the body of a prior bearish candle. Suggests potential reversal to the upside. 🟥 Bearish Harami — A small bearish candle within the body of a prior bullish candle. Suggests potential reversal to the downside. ⚙️ Features Customizable colors for each pattern type. Simple overlay visualization — no shapes, no labels, just colored candles. Harami colors automatically override Inside/Outside colors when both occur on the same bar. Lightweight logic for smooth performance on any timeframe or symbol. 💡 How to Use Apply the indicator to your chart. Configure colors in the settings panel if desired. Watch for highlighted candles: Inside Bars often precede breakouts. Harami patterns can mark reversal zones. Combine with trend tools (like moving averages) to confirm setups. ⚠️ Note This indicator is for visual pattern detection and educational use only. Always combine candlestick signals with broader technical or market context before trading decisions.
Pine Script® indicator
by Latibonit15
NOVA Breakout Signals & Trend Detector v2.3 (TF M30)NOVA Breakout Signals & Trend Detector (TF M30) Lightweight indicator that combines my breakout entries with a trend filter. It plots clean LONG/SHORT labels only (no orders, SL/TP) and can shade background by trend. Signals are de-duplicated with a cooldown and are raised on confirmed bars only. Optional alerts are included. Features • Breakout entries from recent structure, filtered by overall trend. • Minimal, clutter-free labels at the bar of entry. • Optional trend label/background & alert conditions. • Default timeframe M30; logic is optimized for this TF. Notes • Indicator only (no automatic trades). • Use alerts to route signals to your preferred workflow. • For research/education; past performance ≠ future results. Made by Kenny Nguyen from Vietnam!
Pine Script® indicator
by kenny_nguyen
EKG Pulse +EKG Pulse – Multi-Layer Trend & Session Analyzer Description: EKG Pulse is an advanced trading indicator that combines trend clouds), Momentum trend flips, EMA slope detection, and session high/low tracking to give clear visual signals for intraday and swing trading. It also calculates potential trade ranges, stop-loss, and profit targets dynamically, adapting to volatility and historical session behavior. How to Use: Trend Identification: Use the Trend cloud and EMA slope to determine the main trend (bullish/bearish). Trade Signals: Look for Momentum flips aligned with Trend Cloud for buy/sell signals (triangles appear on the chart). Candle Colors: Follow Momentum-based candle coloring to visually track bullish (green) or bearish (red) momentum. Session Ranges: Monitor session boxes and previous day’s levels for support/resistance zones. ATR & Ticks Table: Use the table to manage risk with suggested stop-loss (SL) and multiple profit targets (TP1, TP2, TP3), scaled by your account size and instrument’s tick value. Breakout Status: The session analyzer highlights SAFE, WAIT, or HOLD conditions based on volatility and breakout likelihood. Benefits: Provides multi-layer trend confirmation for safer entries. Visual buy/sell alerts reduce guesswork. Dynamic risk management with ATR-based SL/TP calculation. Session boxes help identify key intraday levels. Historical breakout analysis improves timing for breakout trades. Works on multiple assets and timeframes with auto tick mapping.
Pine Script® indicator
by KingRH
Grok's xAI Signal (GXS) Indicator for BTC V6Grok's xAI Signal (GXS) Indicator: A Simple Guide Imagine trying to decide if Bitcoin is a "buy," "sell," or "wait" without staring at 10 different charts. The GXS Indicator does that for you—it's like a smart dashboard for BTC traders, overlaying signals right on your price chart. It boils down complex market clues into one easy score (from -1 "super bearish" to +1 "super bullish") and flashes green/red arrows or shaded zones when action's needed. No fancy math overload; just clear visuals like tiny triangles for trades, colored clouds for trends, and a bottom "mood bar" (green=up vibe, red=down, gray=meh). At its core, GXS mixes three big-picture checks: Price Momentum (50% weight): Quick scans of RSI (overbought/oversold vibes), MACD (speed of ups/downs), EMAs (is price riding the trend wave?), and Bollinger Bands (is the market squeezing for a breakout?). This catches short-term "hot or not" energy. Network Health (30% weight): A simple "NVT" hack using trading volume vs. price to spot if BTC feels undervalued (buy hint) or overhyped (sell warning). It's like checking if the crowd's too excited or chill. Trend Strength (20% weight): ADX filter ensures signals only fire in "trending" markets (not choppy sideways noise), plus a MACD boost for extra momentum nudge. Why this approach? BTC's wild—pure price charts give false alarms in flat times, while ignoring volume/network ignores the "why" behind moves. GXS blends old-school TA (reliable for patterns) with on-chain smarts (crypto-specific "under the hood" data) and a trend gate (skips 70% of bad trades). It's conservative: Signals need the score to cross ±0.08 and a strong trend, reducing noise for swing/position traders. Result? Fewer emotional guesses, more "wait for confirmation" patience—perfect for volatile assets like BTC where hype kills. Quick Tips to Tweak for Better Results Start with defaults, then experiment on historical charts (backtest via TradingView's strategy tester if pairing with one): Fewer False Signals: Bump thresholds to ±0.15 (buy/sell)—trades only on stronger conviction, cutting whipsaws by 20-30% in choppy markets. Or raise ADX thresh to 28 for "only big trends." Faster/Slower Response: Shorten EMAs (e.g., 5/21) or RSI (10) for quicker scalps; lengthen (12/50) for swing holds. Test on 4H/daily BTC. Volume Sensitivity: If NVT flips too often, extend its length to 20—smooths on-chain noise in bull runs. Visual Polish: Crank cloud opacity to 80% for subtler fills; toggle off EMAs if they clutter. Enable table for score breakdowns during live trades. Risk Tip: Always pair with stops (e.g., 2-3% below signals). On BTC, tweak in bull markets (looser thresh) vs. bears (tighter). In short, GXS is your BTC "sixth sense"—balanced, not black-box. Tweak small, track win rate, and let trends lead. Happy trading!
Pine Script® indicator
by ralis24