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Candlestick analysis

Body & Volume-Based Buy/Sell Signals (5min 1.5M Vol)Only for 5 min and Volume 1.5M Conditions (Summarized) 🔹 BUY Signal Previous candle is red: close < open Current candle is green: close > open Previous candle body is smaller than current: abs(close - open ) < abs(close - open) Previous candle body size ≥ 10 points Both candles' volume ≥ minVolume (default: 2,000,000) ➜ Plot BUY below green candle 🔸 SELL Signal Previous candle is green: close > open Current candle is red: close < open Previous candle body is smaller than current: abs(close - open ) < abs(close - open) Previous candle body size ≥ 10 points Both candles' volume ≥ minVolume ➜ Plot SELL above red candle
Pine Script® indicator
by Udaykiran_M
1
Strong Bullish And Bearish Engulfing PatternCONDITIONS: 🔹 1st Condition — Bullish Engulfing ➜ BUY Previous Candle (Red): close < open Current Candle (Green): close > open Opens below previous red candle’s close: open < close Closes above previous red candle’s open: close > open ➡️ Plot BUY below the green candle 🔸 2nd Condition — Bearish Engulfing ➜ SELL Previous Candle (Green): close > open Current Candle (Red): close < open Opens above previous green candle’s close: open > close Closes below previous green candle’s open: close < open ➡️ Plot SELL above the red candle What this Script Does: Detects Bullish Engulfing patterns ➜ plots BUY below the green candle. Detects Bearish Engulfing patterns ➜ plots SELL above the red candle.
Pine Script® indicator
by Udaykiran_M
Hassi XAUUSD Advanced FVG EMA/BOS/RSI/Volume + Session FilterWhat it does : This strategy automates a popular ICT-style idea on XAUUSD (Gold): trade only when price taps back into a Fair Value Gap (FVG), but filter entries with trend, structure, momentum, volume, and session rules. It manages risk with fixed TP/SL (points) and shows a compact backtest panel on chart. Core Logic 1) Market Structure (BOS) Detects recent swing highs/lows and flags a Break of Structure: BOS Up when price breaks the latest swing high. BOS Down when price breaks the latest swing low. 2) FVG Detection (3-candle) Bullish FVG when low > high and low > high . Bearish FVG when high < low and high < low . The most recent qualifying gap is drawn as a shaded box (optional). 3) Bias & Filters Trend Bias: price vs EMA (default 200). Longs only above EMA; shorts only below. Momentum: optional RSI filter (default 14); avoid longs in OB & shorts in OS. Volume: optional filter requiring current volume > SMA(20) × multiplier. Sessions: optional London / New York (PKT) time windows. Entries & Exits Long Entry (all must be true) Above EMA, RSI bullish, volume ok, session ok, BOS Up. A recent Bullish FVG exists (within N bars). Price taps back into the FVG (low ≤ top & close > bottom) with a bullish candle. Short Entry (mirror) Below EMA, RSI bearish, volume ok, session ok, BOS Down. A recent Bearish FVG exists (within N bars). Price taps (high ≥ bottom & close < top) with a bearish candle. Risk / R:R Exits use fixed points on XAUUSD (default TP 100, SL 50). On many gold feeds 1.0 = 10 points; inputs convert to price automatically. “One-trade-at-a-time”: a new signal won’t fire until the previous position is flat. Chart Labels On entry, the script plots BUY/SELL plus fixed TP/SL lines & labels anchored to the entry bar (they don’t drift with price). Visuals & Tools EMA line (green/red by bias). Swing points (tiny triangles) to see structure. FVG boxes (green/red, optional). Session shading (subtle blue overlay). Stats Panel (top-right): Total Trades, TP Hits, SL Hits, Win Rate, Profit Factor, Net P&L. Inputs (quick guide) EMA Length (default 200) Swing Lookback for BOS (default 5) FVG Box Length (how far the zone extends to the right) TP / SL (points) for XAUUSD + display Risk:Reward Sessions (PKT): London & New York windows + toggle Filters: Volume (multiplier), RSI (length, OB/OS) Visibility: show/hide FVG boxes & TP/SL drawings Alerts Buy Signal / Sell Signal on valid entries Position Opened / Position Closed notifications Best Practices & Notes Designed for XAUUSD 15-minute. You can test other timeframes, but retune TP/SL points and filters accordingly. Broker ticks differ: if your symbol steps are not 0.1, adjust TP/SL points. Use with a HTF confluence (e.g., D1/4H bias, key S/R, news awareness). Backtests are approximations; real results vary with spreads, slippage, and execution. Disclaimer: This tool is for educational purposes. It is not financial advice. Always test before using on live capital.
Pine Script® strategy
by hasnain1337
4
smc-vol ••• ahihi🚀 User Guide – SMC-Vol Optimized 📖 Overview This indicator integrates Smart Money Concepts (SMC) with Volume Analysis to identify high-quality trade entries based on smart money flow behavior. 🎛️ BASIC SETTINGS Enable/Disable Features Inside Bar: Show inside/outside bars PKV: Price-Volume Divergence patterns HV Monitor: Track High Volume candles (MOST IMPORTANT!) Color Settings High Volume Candle: Yellow (default) PKV: Purple HV Break: Orange (when HV level is broken) Daily Open: Blue 📊 HIGH VOLUME (HV) ANALYSIS HV Settings: Volume Ratio: 100 (lookback for highest volume) SNR %: 46% (minimum body/range ratio) Bars to Monitor: 5 bars (after HV candle appears) How to Read HV: Yellow = High Volume candle Fuchsia = SNR (Supply & Demand Reversal) 🚨 "X" = Pattern breaking HV levels HV Monitor Table (bottom left corner): HV Monitor | Status | Details Last HV | 3B ago | 1.2345/1.2300 Break Status | WATCHING | 3/5 Monitor | 5 Bars | After HV 🎯 TRADING STRATEGY Step 1: Identify High Volume Candle Wait for a yellow candle (HV confirmed) Mark HV High & HV Low Table shows status: "CURRENT" Step 2: Track the Next 5 Bars Table shows "WATCHING" with count (1/5, 2/5…) Look for patterns: SKU/SKD: Supply & Demand patterns SNR_UP/SNR_DOWN: Reversal patterns CHUOT_UP/CHUOT_DOWN: Hammer / Shooting Star SK_MOM: Momentum patterns Step 3: Entry on Pattern Break 🚨 Alert triggers when pattern breaks HV levels BUY: Break above HV High SELL: Break below HV Low 🔥 MAIN PATTERNS SK (Supply/Demand) SKU (▪️ below candle): Demand pattern, wait for HV Low break → BUY SKD (▪️ above candle): Supply pattern, wait for HV High break → SELL CHUOT (Mouse/Hammer) CU (below): Hammer with long lower wick CD (above): Shooting Star with long upper wick SNR (Supply & Demand Reversal) Small body candle (<46% of range) with low volume ↑ Break HV → Bullish reversal above HV High ↓ Break HV → Bearish reversal below HV Low 📈 MOVING AVERAGES Three customizable MAs: MA #1: EMA 21 (Yellow) – Short-term trend MA #2: EMA 9 (White) – Entry timing MA #3: EMA 50 (Green) – Long-term trend Usage: Bullish: Price > MA #3, MA #2 > MA #1 Entry when: Pattern break + price retest on MA ⏰ SESSION ANALYSIS Session A (New York): Range Box: NY Session (19:59–21:59) Max/Min Lines: Draw session high/low Custom Sessions: Pre-Session (11:00–12:00): Blue Box Main Session (12:00–13:00): Teal Box Watch for breakout from these ranges 💰 COMPLETE TRADING SETUP Entry Setup: Identify HV (Yellow candle) Wait for pattern (within 1–5 bars) Confirm Break (🚨 alert + level break) Enter in breakout direction SL: Above/Below HV level (depending on direction) TP: 1:2 or 1:3 Risk/Reward Extra Filters: Volume: Enter with increasing volume MAs: Only trade in main trend direction Sessions: Prefer entries during active sessions 🚨 ALERTS & NOTIFICATIONS Two main alerts: "Price breaks HV directly" → SNR break "HV level broken" → Pattern break within 5 bars Setup: Right-click indicator → "Add Alert" Select condition Set notifications (email / Telegram / app) 🎯 TIPS & TRICKS ✅ DO: Wait for HV confirmation before setup Trade with trend (MA direction) Use strict risk management (1–2% per trade) Backtest before live trading ❌ DON’T: Enter immediately on pattern (wait for confirmation) Ignore volume (Volume is key!) Chase price after breakout Trade against major trend 💡 Pro Tips: Combine with Price Action for better entries Use Multi-Timeframe Analysis Focus on major pairs in key sessions Keep a Trading Journal to track performance 📞 SUPPORT & UPDATES The indicator is continuously optimized to: Reduce lag & increase accuracy Add new features Fix bugs & improve UX Happy Trading! 🚀💰
Pine Script® indicator
by airgumyb7if
Auction Market Theory: Value Area & VWAP Fade - DashboardAn "Auction Market Theory" dashboard is a visual summary of the market's state according to the principles of Auction Market Theory. It consolidates key metrics like the Value Area (VA), Point of Control (POC), and Volume-Weighted Average Price (VWAP) into a single, easy-to-read panel on your chart. What a Dashboard Shows The purpose of the dashboard is to give traders a quick, real-time snapshot of the market's auction process. It helps you answer critical questions like: Where is the market's "fair value"? This is shown by the Value Area (VA) range. Where is the most volume concentrated? This is the Point of Control (POC), the price that acts as a gravitational center. How are market participants currently positioned? The VWAP provides a measure of the average price paid, weighted by volume. Price trading above VWAP suggests a bullish volume bias, while price below suggests a bearish bias. Is the market in a state of balance or imbalance? The relationship between the current price and these key levels helps to quickly determine if the market is accepting a price range (balance) or rejecting it (imbalance/trend). How to Interpret the Dashboard Value Area (VA) & Point of Control (POC) These metrics are derived from a volume profile and are the foundation of the auction theory dashboard. The dashboard displays the VA's low and high, as well as the POC. These levels define the market's "accepted" price range for a given period. VWAP VWAP acts as a real-time moving average that is more responsive to volume than a standard moving average. It's often used as an intraday anchor. When price is significantly stretched from the VWAP (and its standard deviation bands), it's a signal of a potential over-extension and a target for a mean-reversion trade. Dashboard's Role in Trading The dashboard is not an entry signal itself, but a contextual tool. It provides the framework for your trading decisions. For a "fade the edge" strategy, you would use the dashboard to: Identify the edges: See the exact price levels of the VA and VWAP bands. Wait for the stretch: Look for price to move beyond those edges. Confirm the reversal: Only then would you look at other indicators (like RSI or volume spikes) for an entry signal. Manage the trade: Use the POC as a potential take-profit target, as price has a high probability of returning to this point of volume consensus.
Pine Script® strategy
by ra1986ju
Manipulation Day [Alex Ko]🇺🇸 Description Indicator “Manipulation Day” This indicator helps you detect a potential manipulation day (e.g. Monday) and track the price reaction afterward. 📌 Features: Select any weekday as a manipulation day. Wait for N candles after it. If the manipulation day closes higher than it opened — a green triangle appears. If lower — red triangle. After N days, a line is drawn from the next day's open to the close — green if price increased, red if dropped. A label shows the delta (Δ) between open and close for that range. 🧠 Useful for spotting potential trap setups or liquidity grabs followed by directional moves.
Pine Script® indicator
by AlexKondom
Tweezers Bottom Strategy 5m - Long OnlyTweezers Bottom 5m Strategy – Catch Reversals Like a Pro! Looking for fast, precise entries on the 5-minute chart? This strategy automatically detects the Tweezers Bottom candlestick pattern and opens long positions at the perfect moment. Signals appear as ▲ arrows on the chart, making it incredibly easy to spot high-probability setups. Risk and Reward Perfectly Managed: Stop-loss is set just 0.1% below entry, and take-profit at 0.3% above, giving you a clear, controlled trading edge. All levels are visualized on the chart with lines and labels, so you always know where your risk and profit targets are. Ideal for scalpers and short-term traders across Forex, crypto, and stocks. Enter reversals before the crowd, maximize your winning trades, and automate your trading with minimal risk!
Pine Script® strategy
by traderkaz1
STRATEGY WITH POINT TP/SL BY SKBTSThe formula for the standard middle band is simply a moving average, often set to 20 periods: Middle Band = 20-period moving average (close) The upper and lower bands are calculated from the standard deviation, which measures how dispersed the price data is from the average. Upper Band = Middle Band + (2 standard deviations of 20-period close) Lower Band = Middle Band - (2 standard deviations of 20-period close) The key inputs are the 20-period moving average, the number of standard deviations (typically 2), and the 20-period standard deviation. The bands will expand and contract based on the standard deviation value. Some traders increase the standard deviation multiplier to 2.1 or 2.2 to make the bands looser and more sensitive. Decreasing the number of periods for the moving average and standard deviation will also increase sensitivity.
Pine Script® strategy
by brajkaladla92780c73w
Smart Moving Concepts [GILDEX]This all-in-one indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. Following the release of our Fair Value Gap script, we received numerous requests from our community to release more features in the same category. "Smart Money Concepts" (SMC) is a fairly new yet widely used term amongst price action traders looking to more accurately navigate liquidity & find more optimal points of interest in the market. Trying to determine where institutional market participants have orders placed (buy or sell side liquidity) can be a very reasonable approach to finding more practical entries & exits based on price action. The indicator includes alerts for the presence of swing structures and many other relevant conditions. Features This indicator includes many features relevant to SMC, these are highlighted below: Full internal & swing market structure labeling in real-time Break of Structure (BOS) Change of Character (CHoCH) Order Blocks (bullish & bearish) Equal Highs & Lows Fair Value Gap Detection Previous Highs & Lows Premium & Discount Zones as a range Options to style the indicator to more easily display these concepts Settings Mode: Allows the user to select Historical (default) or Present, which displays only recent data on the chart. Style: Allows the user to select different styling for the entire indicator between Colored (default) and Monochrome. Color Candles: Plots candles based on the internal & swing structures from within the indicator on the chart. Internal Structure: Displays the internal structure labels & dashed lines to represent them. (BOS & CHoCH). Confluence Filter: Filter non-significant internal structure breakouts. Swing Structure: Displays the swing structure labels & solid lines on the chart (larger BOS & CHoCH labels). Swing Points: Displays swing points labels on chart such as HH, HL, LH, LL. Internal Order Blocks: Enables Internal Order Blocks & allows the user to select how many most recent Internal Order Blocks appear on the chart. Swing Order Blocks: Enables Swing Order Blocks & allows the user to select how many most recent Swing Order Blocks appear on the chart. Equal Highs & Lows: Displays EQH/EQL labels on chart for detecting equal highs & lows. Bars Confirmation: Allows the user to select how many bars are needed to confirm an EQH/EQL symbol on chart. Fair Value Gaps: Displays boxes to highlight imbalance areas on the chart. Auto Threshold: Filter out non-significant fair value gaps. Timeframe: Allows the user to select the timeframe for the Fair Value Gap detection. Extend FVG: Allows the user to choose how many bars to extend the Fair Value Gap boxes on the chart. Highs & Lows MTF: Allows the user to display previous highs & lows from daily, weekly, & monthly timeframes as significant levels. Premium/Discount Zones: Allows the user to display Premium, Discount, and Equilibrium zones on the chart
Pine Script® indicator
by Syon_en
5