Description: his is an adaption of my Pullback candle - This works on all timeframes and Markets (Forex//Stocks//) Crypto Uptrend Script with Pullback Candle allows traders to get into a trend when the price is at end of a pullback and entering a balance phase in the market (works on all markets). The use of Moving averages to help identify a Trends and the use...
In the advanced price direction algorithm situations of faltering price directions (fda) are identified. These are very interesting, because this happens at tops, flags and trend turns. I got the idea of coloring the bars with fda in a distinguishing color, reddish gray for fda down and blueish gray for faltering up. The remaining bars retain standard color, but...
A script example to show how you can calculate the value of certain indicators from a higher timeframe at the moment that a bar closes on a shorter timeframe. In this example the base chart is set to 5 mins and the multiplier is set to 6, so the HTF arrays hold data equivalent to that from the 30 minute chart which will hopefully appear below it on this...
Displays the volume behind each candle with colors, to visualise their evolution over time, directly in the chart. This indicator is best suited for dark mode (Suggested background color: #0a0c12). The more intense is the color, the bigger is the volume. The unit is a 400 periods moving average of the volume, considered as 1 volume. Each color represents half of...
These are 3 High-Low ranges that uses the code of TradingView's built-in Multi-Time Period Chart indicator as well as adds on optional midpoint (or "halfback") to the overlays. Finally, there are labels offset on the right margin that indicate the open price for each of those timeframes. One thing I adjusted is that range of each timeframe is omitted. This is...
Supercloud is a MA based Trend Representation. Its different from a normal MA Cloud. Cloud starts from '0' level and rise or fall based on price. Supercloud is plotted based on the difference of the price movement between various MA's of different length. All MA's are plotted with reference to EMA 200. So when the MA's converge or Diverge or Bounce back we can...
Introducing the Market Relative Candle Ratio Comparator, a visually captivating script that eases the way you compare two financial assets, such as cryptocurrencies and market indices. Leveraging a distinctive calculation method based on percentage changes and their averages, this tool presents a crystal-clear view of how your chosen assets perform in relation to...
🍣 The Sushi Roll, a trading concept conceived at a restaurant by Mark Fisher. While the indicator itself goes by Sushi Trend, it is completely backed by the idea of Mark Fisher's Sushi Roll Reversal Pattern. No, it has nothing to do with raw fish, it just so happens that somebody was ordering sushi during the discussion of the idea, and that's how it got its...
ADX Trend Filter Indicator is a traditional ADX indicator with a different presentation. its consist of two indicators EMA TREND and ADX / DMI About Indicator: 1. BAND / EMA band to represent EMA Trend of EMA-12 and EMA-50 (Band is plotted at level-20 which is the Threshold level of DMI / ADX indicator) 2. Histogram showing the direction of ADX / DMI trend 3. Area...
█ INTRODUCTION Nearly three years in the making, intermittently worked on in the few spare hours of weekends and time off, this is a passion project I undertook to flesh out my skills as a computer programmer. This script currently recognizes 85 different candlestick patterns ranging from one to five candles in length. It also performs statistical analysis on...
╭━━━╮╱╱╱╱╭━╮╭━╮ ┃╭━╮┃╱╱╱╱┃╭╯┃╭╯ ┃╰━━┳━╮╭┳╯╰┳╯╰┳━━┳━╮ ╰━━╮┃╭╮╋╋╮╭┻╮╭┫┃━┫╭╯ ┃╰━╯┃┃┃┃┃┃┃╱┃┃┃┃━┫┃ ╰━━━┻╯╰┻╯╰╯╱╰╯╰━━┻╯ Overview A vast majority of modern data analysis & modelling techniques rely upon the idea of hidden patterns, wether it is some type of visualisation tool or some form of a complex machine learning algorithm, the one thing that they have in...
An inverted fair value gap (FVG) occurs when candles start closing below a bullish FVG or above a bearish FVG and in this case, support FVGs become resistances and vice versa. This is a smart money concept introduced by ICT. While we a number of have indicators for FVGs, we don't have any for inversion FVGs. This indicator is just for that - it shows FVGs only...
This script is our version of the "Fair Value Gap". A Fair Value Gap is nothing more than a series of 3 candles with a gap between a candle high/low and a candle high/low two candles prior. For example: A Gap Up - the Low of a candle is higher than the High of two candles back. A Gap Down - the High of a candle is lower than the Low of two candles...
This indicator uses a histogram to represent "fair value gaps" ("FVG"). FVG is a popular pattern among modern traders. This document describes the purpose of the script and discusses the conceptual meaning of "fair value," as well as the connotations attached to it. █🚀 Based on the previous script - improved clarity This indicator is a modified version of the...
The "Probability of Candle Close Higher Than Open" indicator is designed to help traders assess the likelihood of a given candle closing higher than its open based on the previous candle's price action. It does this by calculating a probability score between 0 and 1 and displaying it on the chart, along with a horizontal line representing a user-defined...
The Candle Combo Screener allows you to see candlestick combinations for up to 5 different tickers at the same time . If one of the candle combination is detected the corresponding cell will be highlighted to alert you. Candle Combinations Detected Bullish Kicker Bullish & Bearish Oops Reversals Open Equals High / Low Inside Day Select any 5...
price action strategy. green dot comes when high is greater than previous two high and same thing with rsi . red dot comes when low is less than previous two low and same thing with rsi .
This indicator is useful at important level, when you want to see some bullish or bearish signs in candlestick. At your important support level you can buy, if candlestick close is above 50% of its range, with low of this candlestick as SL. At your important resistance level you can sell, if candlestick close is below 50% of its range, with high of this candlestick as SL.