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SMA 20 Candle Risk & Contract Sizer (MNQ)his indicator helps traders size contracts based on the distance between the candle close and a 20-period SMA. It calculates: • Candle size relative to SMA (with optional buffer) • Suggested contract count to target a fixed dollar risk • Estimated total risk per trade Designed for discretionary scalping workflows on MNQ and similar instruments. This tool is for informational purposes only and does not place trades. This script is provided for educational purposes only and does not constitute financial advice. Trading involves risk.
Pine Script® indicator
by Acedude3
Base Candle Detector//@version=6 indicator("Base Candle Detector", overlay=true) // Calculate candle metrics bodySize = math.abs(close - open) totalRange = high - low // Define base as body being 50% or less of total range // v6 maintains the logic but ensures cleaner internal boolean evaluation isBase = bodySize <= (totalRange * 0.5) // Plotting the shape above the candle plotshape(isBase, title="Base Candle", style=shape.diamond, location=location.abovebar, color=color.yellow, size=size.small)
Pine Script® indicator
by chaitanyag210
VPE Candle Patterns with Volume ConfirmationPattern Detection Logic: Doji — Body is ≤10% of the candle range (adjustable) Hammer — Body in upper third, lower wick ≥2x body size, minimal upper wick Shooting Star — Body in lower third, upper wick ≥2x body size, minimal lower wick Volume Confirmation: Patterns only trigger signals when volume > volume (current candle volume exceeds previous) Alerts: Four alert conditions you can configure in TradingView: Doji Detected Hammer Detected Shooting Star Detected Any Pattern Detected (combined) Visual Elements: Labels on chart (D, H, SS) — toggleable Optional background highlighting Info table showing current bar status To set up alerts in TradingView: Add the indicator to your chart Right-click → Add Alert Select the indicator and choose which alert condition Configure your notification method (webhook, email, app push, etc.) The input parameters let you tune sensitivity — tighten the dojiBodyRatio for stricter doji detection, or adjust wick ratios if you're getting too many/few signals.
Pine Script® indicator
by kschwende
Webhook Candle Sender (OHLCV)This indicator sends OHLCV (Open, High, Low, Close, Volume) candle data via webhook on every confirmed bar close. It is designed to integrate TradingView with an external trading or analytics system (e.g. a local Flask server, paper trading engine, or algorithmic agent). Features: • Sends data only on bar close (no repainting) • Works on any symbol (stocks, crypto, forex) • Works on any timeframe • Outputs structured JSON suitable for APIs and bots • Uses TradingView alert() function for webhook delivery Typical use cases: • Algorithmic trading research • Paper trading systems • Backtesting external strategies • Educational and learning purposes This script does NOT place trades, manage risk, or provide trading signals. It only transmits candle data. No financial advice is provided.
Pine Script® indicator
by moha_a_khoja
MTF Candle Body Break WITH 20SMAMTF Candle Body Break WITH 20SMA: Complete Guide This indicator is a professional-grade market environment analysis tool designed to synchronize "Market Structure" and "Momentum" across multiple timeframes (MTF). 1. Core Logic: Candle Body Break Unlike traditional high/low breakouts that include wicks, this tool focuses exclusively on "Body Breaks" (Closing prices). Logical Basis: Wicks often represent temporary noise. A closing price break signifies a genuine shift in market consensus. Visualization: * Blue Lines: Bullish Structure. Red Lines: Bearish Structure. Gray/Black Lines: Historical breakout levels that often act as future Support or Resistance (S/R Flip). 2. Triple 20SMA System The indicator automatically plots three generations of 20-period SMAs relative to your current chart. Short-term (Black): 15-Min 20SMA (On a 1H chart). This acts as the "immediate support" for a strong trend. Mid-term (Blue): Current TF 20SMA. The backbone of the trend. Long-term (Red): Higher TF 20SMA. The major trend direction. 3. The Dashboard System (Three Components) The right side of the screen features a three-part visual system to confirm trend alignment: ① Top-Right Panel: Long-Term Signal Compares Daily (1D) and 4-Hour (4H) structure. Blue: Both are bullish. Red: Both are bearish. ② Middle-Right Bar: Momentum Signal (The "Final Filter") This vertical bar represents the SMA 10/20 Sync. Blue: The SMA 10 is above the SMA 20 on the 1-Hour chart. This indicates that short-term momentum is accelerating upward. Red: The SMA 10 is below the SMA 20. This indicates downward acceleration. Gray: No clear momentum (ranging or indecisive). ③ Bottom-Right Panel: Short-Term Signal Compares 1-Hour (1H) and 15-Minute (15M) structure. Blue: Both are bullish. Red: Both are bearish. 4. Entry Signal: The "●" (Dot) The "●" signal is the "Perfect Alignment" trigger. It appears when: Long-term (Daily/4H) is aligned. Short-term (1H/15M) is aligned. Momentum (Middle Bar) is aligned. When all these turn the same color, the "●" appears, signaling a high-probability trade. 日本語解説：完全版 このインジケーターは、**「相場の構造（実体ブレイク）」と「勢い（移動平均線の同期）」**を全時間軸で一致させ、高勝率なポイントを特定する環境認識ツールです。 1. 核心：実体ブレイク（Body Break） ヒゲではなく、**「終値（実体）」**で高値・安値を更新した時のみをトレンド転換と見なします。 メリット: 突発的なヒゲによるダマシを排除し、真の構造変化を捉えます。 表示: 青ライン（上昇）、赤ライン（下落）。過去のラインはグレー（サポレジ転換の目安）として残ります。 2. 3本の20SMA チャートの時間足に合わせて、自動で最適な3本のSMAを描画します。 短期（黒）: 15分足20MA（1時間足チャート時）。今の勢いを表し、押し目買いの目印になります。 中期（青）: 表示中の時間足の20MA。 長期（赤）: 上位足の20MA。 3. 3つのダッシュボード（信号機） 右側に表示される3つのパーツが、トレードの「Go/No-Go」を判定します。 ① 右上パネル：長期構造シグナル 日足と4時間足の構造を比較します。ここが「青」なら、大きな流れは上向きです。 ② 右中央のバー：モーメンタム・シグナル（真ん中のテーブル） 1時間足のSMA10とSMA20の同期を表します。 青: SMA10 ＞ SMA20（上昇加速中） 赤: SMA10 ＜ SMA20（下落加速中） 役割: 構造が良くても、勢いが死んでいる（レンジ）時はエントリーを避けるための「最終フィルター」です。 ③ 右下パネル：短期構造シグナル 1時間足と15分足の構造を比較します。ここが「青」に変わる瞬間が、エントリーの準備段階です。 4. エントリーサイン「●」 「長期・中期（真ん中のバー）・短期」すべての色が揃った瞬間にチャートに「●」が出現します。 すべての時間軸の投資家が同じ方向を向いた「完璧な同調」を示しており、最も期待値の高いエントリーポイントとなります。
Pine Script® indicator
by hmp5below
MTF Candle-Body StructureMTF Candle-Body Structure: Overview and Logic MTF Candle-Body Structure：概要とロジック解説 This indicator is a professional-grade market structure analysis tool that identifies trend shifts based exclusively on the closing price (Candle Body) relative to previous structural points. It integrates multiple timeframes (MTF) to provide a comprehensive view of the market trend. このインジケーターは、過去の構造点に対する**終値（ローソク足の実体）**の抜けのみに基づいてトレンド転換を識別する、プロ仕様の市場構造分析ツールです。複数の時間足（MTF）を統合し、市場トレンドの包括的な視点を提供します。 1. Core Logic: Candle-Body Breakout 1. 核心ロジック：ローソク足実体のブレイクアウト Unlike standard indicators that use high/low wicks, this logic requires a confirmed close above or below the previous structure to signal a change. ヒゲ（高値・安値）を使用する一般的なインジケーターとは異なり、このロジックは前回の構造を上回る、または下回る終値の確定を転換のシグナルとして必要とします。 Bullish Break (上昇ブレイク): A candle closes above the previous high. (ローソク足が前回の高値を上回って確定。) Bearish Break (下降ブレイク): A candle closes below the previous low. (ローソク足が前回の安値を下回って確定。) 2. Multi-Timeframe (MTF) Integration 2. マルチタイムフレーム（MTF）の統合 The indicator tracks structure across 7 different timeframes, from 3-Month down to 15-Minute. このインジケーターは、3か月足から15分足まで、7つの異なる時間軸で構造を追跡します。 Higher TF (1D, 4H): Defines the major trend direction (Dashboard 1). (長期トレンドの方向性を定義。ダッシュボード1に表示。) Lower TF (1H, 15M): Identifies short-term execution windows (Dashboard 2). (短期的なエントリータイミングを特定。ダッシュボード2に表示。) 3. Structural Lines & Gray Lines 3. 構造ラインとグレーライン Confirmed Lines (Blue/Red): Represent the established support and resistance levels of the current trend. (青/赤の確定ライン：現在のトレンドにおける確立されたサポート・レジスタンスレベル。) Gray Lines (Structural Updates): These lines track the most recent high or low before a new break is confirmed, helping you visualize where the structure is "updating" in real-time. (グレーライン：新しいブレイクが確定する前の直近高値・安値を追跡し、リアルタイムで構造がどこで「更新」されているかを可視化します。) 4. Pullback Alert Logic 4. プルバック（押し目・戻り）アラートのロジック The "●" labels and alerts are triggered when the market trend is aligned across timeframes, but a short-term "pullback" occurs. 「●」ラベルとアラートは、市場トレンドが各時間軸で一致している状況で、短期的な「プルバック」が発生した際にトリガーされます。 Trend Alignment: Both Higher and Lower TFs must be in the same direction (e.g., both Blue). (トレンドの一致：長期と短期のMTFが同じ方向であること（例：共に青）。) The Trigger: A counter-trend candle (e.g., a Bearish candle in a Bullish trend) confirms as a pullback entry point. (トリガー：トレンドと逆方向の足（例：上昇トレンド中の陰線）が、プルバックのエントリーポイントとして確定。) ※ Synergy with 20SMA 20SMAとの併用による優位性 "This indicator becomes even more powerful when used in conjunction with the 20SMA (Simple Moving Average)." 「このインジケーターは、20SMA（期間20の単純移動平均線）と一緒に使うと非常に強力です。」
Pine Script® indicator
by hmp5below
Current Candle Vertical LineDescription The Current Candle Vertical Line indicator draws a fully customizable vertical line on the most recent candle (live bar). This provides a clear visual anchor for active traders, especially during fast-moving markets or multi-chart setups. The line extends from the top of the chart to the bottom, ensuring maximum visibility—regardless of zoom level or price scale. Features ✔ Fully customizable line color ✔ Adjustable opacity (0–100%) ✔ Custom line thickness ✔ Three selectable line styles: Solid, Dashed, or Dotted ✔ Automatically deletes old line and redraws on the newest bar ✔ Works on any timeframe, chart type, and asset Use Cases Highlight the current candle during live trading Keep visual focus when scalping or trading futures Align entries with indicators on lower or higher timeframes Improve visibility during high volatility Support multi-monitor or multi-chart layouts Notes The indicator draws the line only on the last active bar. Since overlay=true, the line appears in the main chart panel. This script does not generate alerts (visual marker only).
Pine Script® indicator
by tialeo
RSI Percentage - Current Candle Only - BHAFANTA FX **Title:** RSI Percentage - Current Candle Only - BHAFANTA FX **Description:** This indicator displays the **Relative Strength Index (RSI)** as a percentage for the **current candle only**, giving traders an immediate view of market momentum. Perfect for short-term analysis and quick decision-making, it avoids clutter by showing only the most relevant RSI value. **Key Features:** * Shows **RSI percentage of the current candle** only * Display is **clean and readable**, positioned above the current candle * Adjustable RSI length and source for flexibility * Designed for traders who want **fast, actionable insight** without visual clutter **Use Case:** * Ideal for **scalpers and intraday traders** who want to gauge overbought or oversold conditions quickly. * Can be combined with other indicators like EMA, MACD, or trend filters for more robust strategies. **Developer:** BHAFANTA FX
Pine Script® indicator
by frimpongnicholas589
Canuck Trading Traders Strategy [Candle Entropy Edition]Canuck Trading Traders Strategy: A Unique Entropy-Based Day Trading System for Volatile Stocks Overview The Canuck Trading Traders Strategy is a custom, entropy-driven day trading system designed for high-volatility stocks like TSLA on short timeframes (e.g., 15m). At its core is CETP-Plus, a proprietary blended indicator that measures "order from chaos" in candle patterns using Shannon entropy, while embedding mathematical principles from EMA (recent weighting), RSI (momentum bias), ATR (volatility scaling), and ADX (trend strength) into a single score. This unique approach avoids layering multiple indicators, reducing complexity while improving timing for early trend detection and balanced long/short trades. CETP-Plus calculates a score from weighted candle ratios (body, upper/lower wicks) binned into a 3D histogram for entropy (low entropy = strong pattern). The score is adjusted with momentum, volatility, and trend multipliers for robust signals. Entries occur when the score exceeds thresholds (positive for longs, negative for shorts), with exits on reversals or stops. The strategy is automatic—no manual bias needed—and optimized for margin accounts with equal long/short treatment. Backtested on TSLA 15m (Jan 2015–Aug 2025), it targets +50,000% net profit (beating +1,478% buy-hold by 34x) with ~25,000 trades, 85-90% win rate, and <10% drawdown (with costs). Results vary by timeframe/period—test with your data and add slippage/commission for realism. Disclaimer: Past performance isn't indicative of future results; consult a financial advisor. Key Features CETP-Plus Indicator: Blends entropy with momentum/vol/trend for a single score, capturing bottoms/squeezes and trends without external tools. Automatic Balance: Positive scores trigger longs in bull trends, negative scores trigger shorts in bear trends—no user input for direction. Customizable Math: Tune weights and scales to adapt for different stocks (e.g., lower thresholds for NVDA's smoother trends). Risk Controls: Stop-loss, trailing stops, and score strength filter to minimize drawdowns in volatile markets like TSLA. Exit Debugging: Plots exit reasons ("Stop Loss", "Trail Stop", "CETP Exit") for analysis. Input Settings and Purposes All inputs are grouped in TradingView's Inputs tab for ease. Defaults are optimized for TSLA 15m day trading; adjust for other intervals or tickers (e.g., increase window for 1h, lower thresholds for NVDA). CETP-Plus Settings CETP Window (default: 5, min: 3, max: 20): Lookback bars for entropy/momentum. Short values (3-5) for fast sensitivity on short frames; longer (8-10) for stability on hourly+. CETP Bins per Dimension (default: 3, min: 3, max: 10): Histogram granularity for entropy. Low (3) for speed/simple patterns; high (5+) for detail in complex markets. Long Threshold (default: 0.15, min: 0.1, max: 0.8, step: 0.05): CETP score for long entries. Lower (0.1) for more longs in mild bull trends; higher (0.2) to filter noise. Short Threshold (default: -0.05, min: -0.8, max: -0.1, step: 0.05): CETP score for short entries. Less negative (-0.05) for more shorts in mild bear trends; more negative (-0.2) for strong signals. CETP Momentum Weight (default: 0.8, min: 0.1, max: 1.0, step: 0.1): Emphasizes momentum in score. High (0.9) for aggressive in fast moves; low (0.5) for entropy focus. Momentum Scale (default: 1.6, min: 0.1, max: 2.0, step: 0.1): Amplifies momentum. High (2.0) for short intervals; low (1.0) for stability. Body Ratio Weight (default: 1.2, min: 0.0, max: 2.0, step: 0.1): Weights candle body in entropy (trend focus). High (1.5) for strong trends; low (0.8) for wick emphasis. Upper Wick Ratio Weight (default: 0.8, min: 0.0, max: 2.0, step: 0.1): Weights upper wick (reversal noise). Low (0.5) to reduce false ups. Lower Wick Ratio Weight (default: 0.8, min: 0.0, max: 2.0, step=0.1): Weights lower wick. Low (0.5) to reduce false downs. Trade Settings Confirmation Bars (default: 0, min: 0, max: 5): Bars for sustained CETP signals. 0 for immediate entries (more trades); 1-2 for reliability (fewer but stronger). Min CETP Score Strength (default: 0.04, min: 0.0, max: 0.5, step: 0.05): Min absolute score for entry. Low (0.04) for more trades; high (0.15) for quality. Risk Management Stop Loss (%) (default: 0.5, min: 0.1, max: 5.0, step: 0.1): % from entry for stop. Tight (0.4) for quick exits; wide (0.8) for trends. ATR Multiplier (default: 1.5, min: 0.5, max: 3.0, step: 0.1): Scales ATR for stops/trails. Low (1.0) for tight; high (2.0) for room. Trailing ATR Mult (default: 3.5, min: 0.5, max: 5.0, step: 0.1): ATR mult for trails. High (4.0) for longer holds; low (2.0) for profits. Trail Start Offset (%) (default: 1.0, min: 0.5, max: 2.0, step: 0.1): % profit before trailing. Low (0.8) for early lock-in; high (1.5) for bigger moves. These settings enable customization for intervals/tickers while CETP-Plus handles automatic balancing. Risk Disclosure Trading involves significant risk and may result in losses exceeding your initial capital. The Canuck Trading Trader Strategy is provided for educational and informational purposes only. Users are responsible for their own trading decisions and should conduct thorough testing before using in live markets. The strategy’s high trade frequency requires reliable execution infrastructure to minimize slippage and latency.
Pine Script® strategy
by ctoincanada
2
Daily First Candle LabelDaily First Candle Label The Daily First Candle Label indicator is designed to visually highlight the first candle of each trading day directly on your chart. This tool is ideal for traders who need to quickly identify the start of a new trading session. Key features include: Candle Marker: A triangle icon labeled with a "☀️" is plotted at the top of the chart to mark the first candle of the day. Background Highlight: The background of the first candle is subtly shaded in yellow for better visibility. Clean and Minimalist Design: Keeps your chart clutter-free while providing essential daily context. This indicator is perfect for scalpers, day traders, and those analyzing session-based trading strategies. Usage: Add the indicator to your chart. The marker and background highlight will automatically update to reflect the first candle of each trading day. Customizable Options: None, as this indicator is optimized for simplicity and immediate utility. Happy Trading! 🚀 每日第一支蜡烛标签 指标旨在直观地标记每个交易日的第一根蜡烛。这对需要快速识别新交易日开盘的交易者非常实用。功能特点如下： 蜡烛标记： 在图表顶部标记每日的第一根蜡烛，使用三角形图标及“☀️”符号。 背景高亮： 自动为第一根蜡烛添加淡黄色背景，增强视觉效果。 简洁设计： 确保图表清晰，提供每日交易日开盘的重要参考点。 此指标适用于日内交易者、剥头皮交易者以及任何分析交易时段策略的用户。 使用说明： 将指标添加到图表。 每日第一根蜡烛会自动显示标记及背景高亮。 可自定义选项： 暂无，指标已优化为简洁实用的设计。 祝交易顺利！🚀
Pine Script® indicator
by WinQiLee