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Candlestick analysis

Algo BOT 3.0Algo BOT 3.0 is a multi-layered reversal detection tool designed for 30-minute and higher timeframes, ideal for intraday or swing trading. Key Features: 1. Pivot Level Interactions: - Detects candles that touch daily pivot levels (R1-R4, S1-S4, Pivot). - Confirms valid signals using high/low conditions. 2. Fibonacci-Based Candle Zones: - Auto-detects large green/red candles. - Calculates intra-candle Fibonacci retracement levels (0.382, 0.618). - Marks potential retracement/reaction zones. 3. CPR Zone Detection: - Shows Top CPR & Bottom CPR from daily high/low/pivot. - Detects price interaction with CPR for reaction signals. 4. VWAP + MVWAP Filtering: - Uses VWAP and a custom-length MVWAP (default 50). - Helps confirm institutional support/resistance zones. 5. Trend Indicators: - Includes RSI, SMA, EMA for manual trend/direction analysis. 6. Visual Alerts: - Triangles appear when valid support/resistance touch candles form. - Pivot and CPR levels are plotted with clear color coding. Note: This is a closed-source script due to its original logic combining multiple professional-grade concepts. It offers a structured and unique way to detect pivot-based reversals and breakout zones. Best used on 30-minute or higher timeframes.
Pine Script® indicator
by Sudip09m
Van|TVT trendVan Trend-Volume Track (TVT) Indicator Overview The TVT Indicator is a multi-functional tool designed to identify market trends and key support/resistance levels. It combines dynamic trend channels with customizable EMA lines, offering clear visual signals for trading decisions. Key Features Trend Identification Green Channel: Indicates a strong bullish trend. Red Channel: Signals a strong bearish trend. Gray Channel: Suggests trend uncertainty or consolidation. Support & Resistance The upper band acts as a dynamic resistance zone. The lower band serves as a dynamic support zone. Customizable EMA Lines Displays 6 adjustable EMA lines simultaneously. Flexible settings for periods and colors to match your strategy. 中文介绍： Van TVT指标 是一款多功能交易工具，用于识别市场趋势及关键支撑/阻力位。它结合动态趋势轨道与可自定义EMA均线，为交易决策提供清晰的视觉信号。 核心功能 趋势判定 绿色轨道：代表强势上涨趋势。 红色轨道：代表强势下跌趋势。 灰色轨道：提示趋势不明或震荡行情。 支撑与阻力 上轨 具有动态阻力作用。 下轨 具有动态支撑作用。 可调EMA均线 同时显示6条EMA均线，支持自由设置周期与颜色，适配不同交易策略。
Pine Script® indicator
by y14294833
Liquidity ZonesWhat It Does: Liquidity Zones identifies key areas where institutional traders target stop orders. The indicator automatically detects significant price swings and maps the upper and lower wick zones where liquidity pools form. These zones represent high-probability areas where price is likely to return to collect stop orders before continuing its next move. How To Use: Identify Key Zones: -Red zones highlight Buy Side Liquidity (resistance areas) -Green zones highlight Sell Side Liquidity (support areas) Trading Opportunities: -Enter trades when price respects these zones -Watch for zone breaks and re-tests for continuation signals -Use alerts to notify you when price enters a zone or when new zones form Optimization Tips: -Adjust lookback periods based on volatility (higher for calmer markets) -Enable auto-threshold for adaptive sensitivity to market conditions (default setting) -Most effective on timeframes 4H and above The indicator tracks when zones are broken and automatically removes them when price returns, providing a clean, uncluttered view of the most relevant liquidity areas on your chart.
Pine Script® indicator
by s3raphic333
Canuck Trading IndicatorOverview The Canuck Trading Indicator is a versatile, overlay-based technical analysis tool designed to assist traders in identifying potential trading opportunities across various timeframes and market conditions. By combining multiple technical indicators—such as RSI, Bollinger Bands, EMAs, VWAP, MACD, Stochastic RSI, ADX, HMA, and candlestick patterns—the indicator provides clear visual signals for bullish and bearish entries, breakouts, long-term trends, and options strategies like cash-secured puts, straddles/strangles, iron condors, and short squeezes. It also incorporates 20-day and 200-day SMAs to detect Golden/Death Crosses and price positioning relative to these moving averages. A dynamic table displays key metrics, and customizable alerts help traders stay informed of market conditions. Key Features Multi-Timeframe Adaptability: Automatically adjusts parameters (e.g., ATR multiplier, ADX period, HMA length) based on the chart's timeframe (minute, hourly, daily, weekly, monthly) for optimal performance. Comprehensive Signal Generation: Identifies short-term entries, breakouts, long-term bullish trends, and options strategies using a combination of momentum, trend, volatility, and candlestick patterns. Candlestick Pattern Detection: Recognizes bullish/bearish engulfing, hammer, shooting star, doji, and strong candles for precise entry/exit signals. Moving Average Analysis: Plots 20-day and 200-day SMAs, detects Golden/Death Crosses, and evaluates price position relative to these averages. Dynamic Table: Displays real-time metrics, including zone status (bullish, bearish, neutral), RSI, MACD, Stochastic RSI, short/long-term trends, candlestick patterns, ADX, ROC, VWAP slope, and MA positioning. Customizable Alerts: Over 20 alert conditions for entries, exits, overbought/oversold warnings, and MA crosses, with actionable messages including ticker, price, and suggested strategies. Visual Clarity: Uses distinct shapes, colors, and sizes to plot signals (e.g., green triangles for bullish entries, red triangles for bearish entries) and overlays key levels like EMA, VWAP, Bollinger Bands, support/resistance, and HMA. Options Strategy Signals: Suggests opportunities for selling cash-secured puts, straddles/strangles, iron condors, and capitalizing on short squeezes. How to Use Add to Chart: Apply the indicator to any TradingView chart by selecting "Canuck Trading Indicator" from the Pine Script library. Interpret Signals: Bullish Signals: Green triangles (short-term entry), lime diamonds (breakout), blue circles (long-term entry). Bearish Signals: Red triangles (short-term entry), maroon diamonds (breakout). Options Strategies: Purple squares (cash-secured puts), yellow circles (straddles/strangles), orange crosses (iron condors), white arrows (short squeezes). Exits: X-cross shapes in corresponding colors indicate exit signals. Monitor: Gray circles suggest holding cash or monitoring for setups. Review Table: Check the top-right table for real-time metrics, including zone status, RSI, MACD, trends, and MA positioning. Set Alerts: Configure alerts for specific signals (e.g., "Short-Term Bullish Entry" or "Golden Cross") to receive notifications via TradingView. Adjust Inputs: Customize input parameters (e.g., RSI period, EMA length, ATR period) to suit your trading style or market conditions. Input Parameters The indicator offers a wide range of customizable inputs to fine-tune its behavior: RSI Period (default: 14): Length for RSI calculation. RSI Bullish Low/High (default: 35/70): RSI thresholds for bullish signals. RSI Bearish High (default: 65): RSI threshold for bearish signals. EMA Period (default: 15): Main EMA length (15 for day trading, 50 for swing). Short/Long EMA Length (default: 3/20): For momentum oscillator. T3 Smoothing Length (default: 5): Smooths momentum signals. Long-Term EMA/RSI Length (default: 20/15): For long-term trend analysis. Support/Resistance Lookback (default: 5): Periods for support/resistance levels. MACD Fast/Slow/Signal (default: 12/26/9): MACD parameters. Bollinger Bands Period/StdDev (default: 15/2): BB settings. Stochastic RSI Period/Smoothing (default: 14/3/3): Stochastic RSI settings. Uptrend/Short-Term/Long-Term Lookback (default: 2/2/5): Candles for trend detection. ATR Period (default: 14): For volatility and price targets. VWAP Sensitivity (default: 0.1%): Threshold for VWAP-based signals. Volume Oscillator Period (default: 14): For volume surge detection. Pattern Detection Threshold (default: 0.3%): Sensitivity for candlestick patterns. ROC Period (default: 3): Rate of change for momentum. VWAP Slope Period (default: 5): For VWAP trend analysis. TradingView Publishing Compliance Originality: The Canuck Trading Indicator is an original script, combining multiple technical indicators and custom logic to provide unique trading signals. It does not replicate existing public scripts. No Guaranteed Profits: This indicator is a tool for technical analysis and does not guarantee profits. Trading involves risks, and users should conduct their own research and risk management. Clear Instructions: The description and usage guide are detailed and accessible, ensuring users understand how to apply the indicator effectively. No External Dependencies: The script uses only built-in Pine Script functions (e.g., ta.rsi, ta.ema, ta.vwap) and requires no external libraries or data sources. Performance: The script is optimized for performance, using efficient calculations and adaptive parameters to minimize lag on various timeframes. Visual Clarity: Signals are plotted with distinct shapes and colors, and the table provides a concise summary of market conditions, enhancing usability. Limitations and Risks Market Conditions: The indicator may generate false signals in choppy or low-liquidity markets. Always confirm signals with additional analysis. Timeframe Sensitivity: Performance varies by timeframe; test settings on your preferred chart (e.g., 5-minute for day trading, daily for swing trading). Risk Management: Use stop-losses and position sizing to manage risk, as suggested in alert messages (e.g., "Stop -20%"). Options Trading: Options strategies (e.g., straddles, iron condors) carry unique risks; consult a financial advisor before trading. Feedback and Support For questions, suggestions, or bug reports, please leave a comment on the TradingView script page or contact the author via TradingView. Your feedback helps improve the indicator for the community. Disclaimer The Canuck Trading Indicator is provided for educational and informational purposes only. It is not financial advice. Trading involves significant risks, and past performance is not indicative of future results. Always perform your own due diligence and consult a qualified financial advisor before making trading decisions.
Pine Script® indicator
by ctoincanada
Triple Stochastic Confluence by AtallaTriple Stochastic Confluence by Atalla - Indicator Summary Overview The "Triple Stochastic Confluence by Atalla" is a technical indicator for TradingView that identifies potential trading opportunities using the confluence of three Stochastic oscillators with different timeframes. The indicator focuses exclusively on the %D lines (signal lines) of the Stochastics. Key Components Three Stochastic Oscillators Short-term Stochastic: Period 9, %K Smoothing 1, %D Period 3 Medium-term Stochastic: Period 14, %K Smoothing 1, %D Period 3 Long-term Stochastic: Period 60, %K Smoothing 1, %D Period 10 Visual Display White lines for the first two Stochastics (%D lines) Yellow line for the third (long-term) Stochastic (%D line) Background color changes to highlight trading opportunities: Yellow background: Bullish signal Red background: Bearish signal Trading Signals Logic Bullish Signal (Yellow Background) A bullish signal occurs when any Stochastic %D line is in the oversold zone (≤25%) while at least one of the other %D lines is in the overbought zone (≥75%). Bearish Signal (Red Background) A bearish signal occurs when any Stochastic %D line is in the overbought zone (≥75%) while at least one of the other %D lines is in the oversold zone (≤25%). Configurable Parameters Stochastic periods and smoothing values Overbought level (default: 75%) Oversold level (default: 25%) Alert Conditions The indicator includes alert conditions for both bullish and bearish confluence signals, allowing users to set up automated notifications for trading opportunities. Trading Philosophy This indicator leverages the concept of momentum divergence across different timeframes. When oscillators at different timeframes show opposing extreme readings (one in oversold and another in overbought), it may indicate a potential reversal point in the market. The indicator's strength lies in identifying these confluences automatically and providing clear visual signals.
Pine Script® indicator
by ATALLA07
Naj Pullback Candle Naj's Pullback Candle marks bullish pullback‑and‑bounce patterns: Price has pulled back for two bars. The current bar shows buyers stepping in (higher close). The move happens right at a recent swing low. Optionally, the larger trend is up (price above your chosen EMA). Whenever those conditions align, the candle turns green and an alert can be triggered—useful for spotting potential long entries in an up‑trend after a short retracement. Feel free to adjust the EMA length, the swing‑point look‑back, or the pullback definition to suit your trading style.
Pine Script® indicator
by najirshad7
Sunday OpenSunday Open – Weekly Open Levels Description The "Sunday Open" indicator automatically displays the market open levels for Sunday. These levels are often used by traders as potential support and resistance zones. The script requires no manual data input and works on any timeframe. Functionality - Displays the N most recent Sunday Open levels, including the current and previous ones. - The color of the current level differs from the older ones, making it easier to identify on the chart. - Lines can be customized by style, thickness, and label visibility. - Alerts are triggered when the price crosses any Sunday Open level (either up or down). User Settings - Number of levels to display (1–100) - Color for the current and past levels - Line style: solid, dashed, dotted Line thickness - Display text labels on the chart - Enable/disable alerts for price crossing Useful For - Quickly identifying key reference points at the beginning of the week - Setting up trading scenarios around the open zone - Receiving signals for breakouts or touches of the levels Important ! All elements are created automatically—no manual drawing required. If you want to create alerts for when the price crosses a Sunday Open level, you need to go to "Alerts" at the top of the screen and select "SO" in the "Condition" field.
Pine Script® indicator
by Gleb_Cryptox
1
Bang for Buck Calculator Multi EMAs (Dem)All features can be toggles on and off. Multi-function EMAs 3, 5, 8, 10, 20, 50, 150, 200. including all time Highs, crossovers and high RSI candle indicators and more. Bang for your Buck table can be turned off but can be useful to compare how many shares you can buy and the predicted daily change based on your position size input. I use this to compare the potential of return when considering similar stocks. This indicator allows for multiple EMAs to help you monitor your trades all within one indicator very useful when I had a limited indicator allowance on my account. Each can be toggled on or off via the settings depending on your preferences The yellow Diamonds indicate ATH ( All time Highs) The yellow Squares indicate 52 week Highs The small Green Arrow indicates where the 3ema has crossed up over the 8ema The small Red Arrow indicates where the 3ema has crossed down over the 8ema The Larger Green Arrow indicates where the Price has crossed up over the 50ema The Larger Red Arrow indicates where the Price has crossed down over the 50ema The green shading between the 3ema & the 8 means the 3ema is above the 8ema The red shading between the 3ema & the 8 means the 3ema is below the 8ema The pink circle line is to replicate a 13 week ma stop loss line Set initially at 65 daily sma The coloured ema labels in the priceline can also be turned off but I find them helpful to see the value of the ema. The small white line under the last candle on the chart is to help me set an initial stop loss based on % value default set to 5 but is configurable in settings. A rachet stop loss with configurable start date based on 20 day MA minus 0.5 ATR. The Green & Blue labels indicate "Get Ready" when the MACD crosses over the signal line and "Go" when the MACD crosses up over the 0 line. These can also be turned off "labels" in settings when not needed for chart clarity. The Bang for your buck table is configureable in settings and can also be turned on and off at will when not needed. I use this based on a 200 day ATR to calculate and compare between different shares as to the expected daily return of different stock tickers. IE to calculate based on the same intital investment which share is likely to give me the highest return for my money.
Pine Script® indicator
by Demelven
Vector Candles [v6 Optimized + EMA] Vector Candles represent an innovative technical analysis approach that transforms traditional candlestick charting by integrating volume dynamics, color-coded momentum, and multi-dimensional market insights. Unlike standard candlesticks that merely display price movement, Vector Candles encode additional market information through sophisticated color and volume algorithms. Key Features: -Dynamic Volume-Based Coloring: Candles change color based on trading volume intensity -Volume Categories: High Volume (Lime/Red): Significant market activity (200%+- Vol of Previous 10 Candles) Above Average Volume (Blue/Fuchsia): Moderate market momentum (150%+- Vol of Previous 10 Candles). Normal Volume (Gray Scales): Standard market conditions. Stopping Volume Candles - Typically Pinbar/Doji candles. Stops volume in the current direction of delivery & can help forecast impending reversals or end to the current trend. -Integrated EMA (Exponential Moving Average) Option: -Customizable EMA Length (Default: 50 periods) (I use 33) Configurable EMA Source (e.g., close price) Optional EMA Overlay for Trend Confirmation
Pine Script® indicator
by greggilford47
Forex Algo-Trade ~ Ano_Jokamp354Forex Algo-Trade ~ Ano_Jokamp354 is a tool designed to assist traders around the world in analyzing the foreign exchange market, and even metals. By identifying the potential direction of future price movements, it helps you make more accurate trading decisions. The developer of this tool is a young Indonesian trader known by the nickname Ano_Jokamp354 , who has been involved in the capital market since his school days.
Pine Script® indicator
by Ano_Jokamp354
XAUUSD Specific [NEXTLEVELBOT]Description: This indicator is designed specifically for XAUUSD (Gold) on the 5-minute timeframe and identifies short-term breakout opportunities based on range expansion and candle structure. The core concept of this script is to detect potential bullish or bearish momentum setups by evaluating the following: Bar Range Analysis: It compares the range (high − low) of the most recent two candles to the 9-bar Simple Moving Average (SMA) of the range. Breakout Logic: A long setup requires two consecutive candles with increasing ranges (bar1 > bar2), both above the average, and both closing bullish. A short setup requires two consecutive candles with increasing ranges, both above the average, and both closing bearish. Signal Zones: Once a valid setup is detected, the script stores the relevant high or low and applies a dynamic buffer: For long setups, the high gets a buffer (default 0.2%), while the low is used unbuffered. For short setups, the low gets the buffer, and the high is used unbuffered. Entry signals are triggered when the price breaks above or below these dynamically buffered levels. The script also manages multiple positions using internal flags to track active trades and reset them on breakout confirmation. Features: Configurable buffer input (Main Buffer %) Smart buffer assignment based on signal direction (only high or low is buffered) Clean signal plotting on chart using plotshape and plot.style_linebr All conditions are self-contained (no external dependencies or references) Alerts are built-in for all breakout scenarios Use Case: This tool is intended for traders looking to catch short-term momentum-based breakouts, especially during volatile market hours (e.g., London or NY session). Although optimized for XAUUSD on the 5-minute timeframe, it can be adjusted for other instruments and timeframes.
Pine Script® indicator
by Manoj-verma
OrderFlow Sentiment SwiftEdgeOrderFlow Sentiment SwiftEdge Overview OrderFlow Sentiment SwiftEdge is a visual indicator designed to help traders analyze market dynamics through a simulated orderbook and market sentiment display. It breaks down the current candlestick into 10 price bins, estimating buy and sell volumes, and presents this data in an orderbook table alongside a sentiment row showing the buy vs. sell bias. This tool provides a quick and intuitive way to assess orderflow activity and market sentiment directly on your chart. How It Works The indicator consists of two main components: an Orderbook Table and a Market Sentiment Row. Orderbook Table: Simulates buy and sell volumes for the current candlestick by distributing total volume into 10 price bins based on price movement and proximity to open/close levels. Displays the price bins in a table with columns for Price, Buy Volume, and Sell Volume, sorted from highest to lowest price. Highlights the current price level in orange for easy identification, while buy and sell dominance is indicated with green (buy) or red (sell) backgrounds. Market Sentiment Row: Calculates the overall buy and sell sentiment (as a percentage) for the current candlestick based on the simulated orderflow data. Displays the sentiment above the orderbook table, with the background colored green if buyers dominate or red if sellers dominate. Features Customizable Colors: Choose colors for buy (default: green), sell (default: red), and current price (default: orange) levels. Lot Scaling Factor: Adjust the volume scaling factor (default: 0.1 lots per volume unit) to simulate realistic lot sizes. Table Position: Select the table position on the chart (Top, Middle, or Bottom; default: Middle). Default Properties Positive Color: Green Negative Color: Red Current Price Color: Orange Lot Scaling Factor: 0.1 Table Position: Middle Usage This indicator is ideal for traders who want to visualize orderflow dynamics and market sentiment in real-time. The orderbook table provides a snapshot of buy and sell activity at different price levels within the current candlestick, helping you identify areas of high buying or selling pressure. The sentiment row offers a quick overview of market bias, allowing you to gauge whether buyers or sellers are currently dominating. Use this information to complement your trading decisions, such as identifying potential breakout levels or confirming trend direction. Limitations This indicator simulates orderflow data based on candlestick price movement and volume, as TradingView does not provide tick-by-tick data. The volume distribution is an approximation and should be used as a visual aid rather than a definitive measure of market activity. The indicator operates on the chart's current timeframe and does not incorporate higher timeframe data. The simulated volumes are scaled using a user-defined lot scaling factor, which may not reflect actual market lot sizes. Disclaimer This indicator is for informational purposes only and does not guarantee trading results. Always conduct your own analysis and manage risk appropriately. The simulated orderflow data is an estimation and may not reflect real market conditions.
Pine Script® indicator
by SwiftEdge
3
Liquidity Grab Strategy (Volume Trap)🧠 Strategy Logic: Liquidity Grab Detection: The script looks for a sharp drop in price (bearish engulfing or breakdown candle). However, volume remains flat (within 5% of the 20-period moving average), suggesting the move is manipulated, not genuine. Fair Value Gap Confirmation (FVG): It confirms that a Fair Value Gap exists — a gap between recent candle bodies that price is likely to retrace into. This gap represents a high-probability entry zone. Trade Setup: A limit BUY order is placed at the base of the FVG. Stop Loss (SL) is placed below the gap. Take Profit (TP) is placed at the most recent swing high. 📈 How to Use It: Add the strategy to your TradingView chart (1–5 min or 15 min works well for intraday setups). Look for green BUY labels and plotted lines: 💚 Green = Entry price 🔴 Red = Stop loss 🔵 Blue = Take profit The script will automatically simulate entries when conditions are met and exit either at TP or SL. Use TradingView’s Strategy Tester to review: Win rate Net profit Risk-adjusted performance
Pine Script® strategy
by davidmdan
Trend Revisit Pullback Strategy (Final Working Box)📈 Trend Revisit Pullback Strategy This TradingView Pine Script strategy identifies strong trend breakouts and accounts for natural pullbacks by: Entering long or short on strong 1-bar breakouts Allowing for pullback averaging if price retraces after entry Expecting a revisit to the original entry price within 15 bars Automatically exiting at break-even or using a custom TP/SL Drawing a visual trade zone (entry → SL → revisit window) for easy reference Optional labels and color-coded boxes to track each trade’s lifecycle Ideal for trend traders who anticipate a pullback and prefer to manage risk with break-even exits or reward-to-risk parameters.
Pine Script® strategy
by davidmdan