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McDonald's Pattern [LuxAlgo]Tradingview asked, we delivered. This script fits a cubic Bezier curve using tops/bottoms in order to approximate a McDonalds pattern, a popular meme pattern in the crypto trading community. Traditionally the McDonalds pattern is described by an M pattern with deep retracement (> 50%), forming a McDonalds logo. Please note that this indicator is a meme & should not be taken seriously. Some aspects of this indicator are not real-time and meant for descriptive analysis alongside other components of this script, in this case, for entertainment purposes. We suggest looking through our other open-source scripts if you’re looking for more serious tools. 🔶 USAGE The script fits Bezier curves using specific tops/bottoms as control points. When the distance between tops and bottoms values is relatively small, the user can more easily identify the pattern. A score is shown on the top right of the chart, aiming to return how close the returned pattern is to the original logo. A regular Mcdonalds pattern would return a red background, while an inverted pattern would return a green one. 🔶 SETTINGS Length: Sensitivity of tops/bottoms detection. The method does not make use of pivot points, using rolling maximums/minimums instead. Use First Bar As Vertex: Use the price and bar index of the last bar as vertex.
Pine Script® indicator
by LuxAlgo
90
M.Right Candlestick Patterns & Bulkowski Percentages 1.0Hello Traders! As a fan of Bulkowski, I figured I'd release this for everyone's benefit as well. The legendary candlestick pattern expert, Thomas Bulkowski, has over 35 years of trading and analysis experience and is the absolute go-to expert when it comes to candlestick pattern identification. Bulkowski Candlestick Percentages from his site and books. Source: Built in "All Candlestick Patterns" In this version, --> Added 8 Candles and removed some that are statistically insignificant and others that Bulkowski doesn't use (can add back if requested). --> Added 2 Colors for Bullish and Bearish Continuations. ----> Assigned Colors Tested performance to Continuations. --> Built-in Variables and Candles adjusted slightly to conform to Bulkowski pattern principles. --> Moved inputs back to ABC order. --> Decided to leave the theoretical performance positioning for the signal (i.e. Top for theoretically bearish ). However.. ----> I adjusted the signal color to match Bulkowski's tested performance. --> Removed Plot Close (obsolete) --> Hover over signal to see both Theoretical and Tested Performance. Figured I'd help give an edge to the @TradingView Community like so many before me have been able to. Please feel free to add comments, share insight, and of course, like! Cheers, Mike
Pine Script® indicator
by UPRIGHTTrading
5
Doji Hunter█ OVERVIEW This script is built to search for 8 different Doji candlestick patterns in markets and makes them appear on screen with bar coloring and creating color-coded labels/shapes. It will identify the following variants based upon user input for various rules to abide by: Gapping Up Gapping Down Gravestone Dragonfly Long-Legged Rickshaw Man Northern (Doji in uptrend) Southern (Doji in downtrend) Note: for the remainder of this description, the types for inputs will be marked by italic text. █ OPTIONS This script features a wide range of options available to the user to modify how it functions. The first set of inputs dictate how the trend analysis is done with moving averages. The second and third sets of inputs dictate specific rules for how Doji candles are analyzed and the colors used for when they appear. █ INPUTS (short) 1 — Moving Average Rules: The Northern and Southern Doji variants require some trend analysis which will be done by Moving Averages. The inputs in this section change various things about the moving average(s) to be used. In the second section of inputs, there is one boolean option that will nullify the need for trend detection and consolidates the Northern and Southern Doji variants into one. 2/3 — Doji Rules and Colors: The next two sections of inputs correspond to the various rules that dictate how various doji variants will be analyzed, as well as the colors that correspond to each variant. The colors will also apply to each of the labels/shapes used. 4 — Diagnostics: The last boolean will allow the user to see extra detail with regards to how and when dojis are detected. Note: This is not a part of any prior section and is simply included as a last functional item to the list of all inputs. An example of multiple labels being shown on screen for various types of Dojis (DJI 1D chart): █ INPUTS (extended) 1 — Moving Average Rules: This section consists of 10 different inputs specific to the rules on how the moving average functions for trend analysis. "Trend Rule" ( string list) determines which Moving Average will be used for trend detection. It has 3 options: "MA 1", "MA 2", or "BOTH". The second input "Trend Source" determines which OHLC (or combination) value to use in comparison to either MA 1 or MA 2 (EX: Trend Rule -> "MA 1" and Trend Source -> "close": if close > MA 1 -> uptrend, downtrend otherwise). If "BOTH" is selected then "Trend Source" is ignored and added nuance in the script ensures that the shorter MA being above the longer MA yields an uptrend (downtrend otherwise). The next 8 inputs focus on 4 different parts of both MA 1 and 2. Length ( integer(s) ) Color Switch between SMA/EMA ( boolean(s) ) Source for MA Note: Additional attention to detail has been made here as trend direction is ignored if "BOTH" is selected for the MA Rules and the lengths of both Moving Averages are set to be the same. 2/3 — Doji Rules and Colors: The next two sections include 19 inputs that are related to how this script will analyze and identify the different variants of Doji candles. "Identify Pattern On Close" ( boolean ) modifies which candles are to be used for determining when Doji candles are recognized. This changes an offset used for historical reference on some global variables which will force the script to only identify patterns after the current candle has closed. "Doji Body Tolerance" ( float ) tells the script the maximum % the candle body may be of the high-low range to be considered a Doji candle. "Doji Wick Sample" ( integer ) defines how many prior candles to sample from in calculating the current average upper and lower wick sizes. "Simplify Northern/Southern Dojis" ( boolean ) makes this script ignore trend direction for Doji detection and consolidates Northern and Southern Dojis into being recognized as the same. This has an added effect of removing the plotted moving averages from the screen. "Northern/Southern Display" ( string list ) that has multiple options for how Northern and Southern Dojis will be displayed on screen. Because of how labels may be extremely taxing on TradingView's servers to display, the default setting is "shapes" where Northern and Southern (N/S) Dojis will be marked with a colored triangle at the top of the candle. If "Simplify Northern/Southern Dojis" is true, all N/S Dojis will be marked with an x-cross instead. Other options include "labels" which enables the use of labels accompanied by their respective tooltip and color, or "none" where N/S Dojis will be only noticeable by their changed barcolor. "Allow Gravestone/Dragonfly Shadows" ( boolean ) allows a bit of additional nuance to the definition of Gravestone or Dragonfly Dojis with small shadows. "Gravestone/Dragonfly Shadow Tolerance" ( float ) defines the maximum % that the lower wick/upper wick (respectively) may be relative to the high-low range for Gravestone or Dragonfly Dojis to still be considered valid. "Doji Long Wick Setting" ( string list) is a list of settings for three different ways of confirming if a Doji is Long-Legged. The settings are "one", "two", and "average". These define how many wick lengths of a candle need to exceed the calculated average wick lengths (EX: "both" -> upper wick length > upper wick average and lower wick length > lower wick average). The "average" setting will combine the lengths of both wicks and both prior wick averages, divide both of these sums by 2 and compare them instead. "Doji Long Wick Tolerance" ( float ) defines how large compared to the averages that wick lengths need to be in order for them to be considered "Long-Legged" (EX: 1.50 -> upper/lower wick needs to exceed 150% the average of previous upper/lower wicks). "Rickshaw Man Body Placement Tolerance" ( float ) defines how close to the high-low range's midpoint the candle body's midpoint needs to be in order for it to be considered a Rickshaw Man Doji candle instead. The remaining 9 inputs define the colors to use for differentiating between all Doji variants this script will recognize. █ USAGE My hope for this script is that users find this easy to use/understand and will tinker with the input values to better identify Doji candlesticks across a wide range of markets. Suggestions for changes in the future are welcome.
Pine Script® indicator
by SolCollector
2
Candlestick Patterns - BisayaTCThe script displays a label when a candle stick pattern is detected based on Trends. This is related to the latest Candlestick patterns released in TradingView. I've created this to have all candlestick patterns in one indicator. Candlestick Patterns can be one of confirmation of a trend you're following or a reversal. DISCLAIMER: For educational purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR
Pine Script® indicator
by BisayaTrading
4
Tweezer Scanner v1Some code for detecting tweezer candles, which are reversal patterns. You'll need to tweak the settings to be either less strict (more detections) or more strict (less detections). I found that if you follow the documentation for tweezers exactly, you will get very few detections. It is possible that this candlestick has become overused, so the original pattern itself has been lost to the noise of the market. Settings: 1. Tweezer Max Body Height (Pips) - How tall can the body of the tweezer be, in pips (increase this pips to increase detections) 2. Tweezer Body Similarity (>%) - How similar should the body heights be, higher percentage is more similar (reduce this % to increase detections) 3. Tweezer Tail Similarity (>%) - How similar should the tail heights be, higher percentage is more similar (reduce this % to increase detections) 4. Tweezer Tail Proportion (<%) - How short should the opposite tail heights be, lower percentage is shorter and more similar to the documentation (increase this % to increase detections)
Pine Script® indicator
by UnknownUnicorn1373033
1
Piercing Line Pattern Trading Setupthis study is the first one of a series of scripts based on the candlesticks pattern which will be published over time. There are several such scripts out there that can be found on TradingView but they seem to be inaccurate with a lot of noises and messy hard to understand code. In this script, I've tried to have a clean and easy to get of the pattern itself and the method for detecting it with enough parameters to filter out the noises. Piercing Pattern A piercing pattern is a technical trading signal that is formed by a closing down day with a good-sized trading range, followed by a trading gap lower the following day with a bullish candlestick that covers at least half of the upward length of the previous day's bearish candlestick body, finishing with a close higher for the day. A piercing pattern often signals the end of a small to moderate downward trend. A piercing pattern can serve as a potential indicator for a bullish reversal. This pattern is formed by two consecutive candlestick marks. The first candlestick is bearish signifying a down day and the second is bullish signifying an up day. When a trader is watching for a bullish reversal any red candlestick followed by a green candlestick could be an alert. There are a few things that set a piercing pattern apart from a general red candlestick green candlestick pattern. In a piercing pattern, a green candlestick follows a red one with a significant gap in the red candlestick close and green candlestick open. On the second-day green candlestick, the candlestick’s body must also lengthen to cover at least half of the previous day’s red candlestick . Generally, the gap down and substantial increase to the closing price are good signs for a reversal. In a piercing pattern, the second-day green candlestick will close at or above the midpoint of the previous day’s red candlestick. please provide me with your valuable comments, thanks for your attention,
Pine Script® indicator
by UnknownUnicorn3443602
2
EMA 8 x EMA 80 Indicator Trend Filter for the 123 PatternEMA 8 x EMA 80 Indicator Trend Filter for the 123 Pattern This indicator displays two Exponential Moving Averages EMA with 8 and 80 periods, designed to assist in trend identification and to act as a filter for trading the 123 buy and sell pattern. General usage rules 123 Buy: recommended only when trading in an uptrend 123 Sell: recommended only when trading in a downtrend Moving average filter Buy setups 123 Buy tend to be more reliable when price is above the 80 period EMA Sell setups 123 Sell tend to be more reliable when price is below the 8 period EMA Neutral zone attention The area between the EMA 8 and EMA 80 is considered a neutral zone Trading the 123 pattern within this range is riskier, as it often indicates consolidation or lack of clear trend direction Important disclaimer This indicator does not generate buy or sell signals by itself. It should be used as a supporting tool, together with proper risk management, market context, and additional analysis. This is not financial advice.
Pine Script® indicator
by artur_bonaf
Hap Mum Formasyonu - Candlestick PatternsThis indicator is a comprehensive tool that automatically scans for popular Candlestick Patterns on symbols you select and displays the results in a table on your screen. Unlike standard scanners, this script allows you to create 10 Different Custom Watchlists. You can add up to 20 symbols to each list and switch between lists via the settings menu to see instant scanning results. 🚀 Key Features 10 Custom Lists: Organize your portfolio into groups (e.g., Indices, Crypto, Forex). Each list holds 20 symbols. Trend Filter: Patterns are validated based on the trend direction, not just the candle shape. Bullish patterns are searched in downtrends, and Bearish patterns in uptrends. Option 1: Is Price above/below SMA 50? Option 2: Price relative to SMA 50 & SMA 200 alignment. Visual Table: Bullish signals are shown in the Green box, Bearish signals in the Red box. Flexible Settings: You can toggle specific patterns on/off and change the trend detection method. 📊 Supported Patterns & Legend Abbreviations used in the dashboard: Bullish Signals: DD: Dragonfly Doji H: Hammer IH: Inverted Hammer EB: Engulfing Bullish MS: Morning Star MDS: Morning Doji Star P: Piercing Line HB: Harami Bullish TWS: Three White Soldiers Bearish Signals: GD: Gravestone Doji HM: Hanging Man SS: Shooting Star EB: Engulfing Bearish ES: Evening Star EDS: Evening Doji Star HB: Harami Bearish TBC: Three Black Crows DCC: Dark Cloud Cover 🛠 How to Use? Add the indicator to your chart. Open Settings. Select a list from "Which List Do You Want to Scan?" (e.g., List 1). Enter your ticker symbols into the corresponding group fields below (LIST 1, LIST 2...). Click OK, and the table will update with the signals. Disclaimer: This tool is for educational purposes only. Candlestick patterns do not guarantee future market movements. Always manage your risk.
Pine Script® indicator
by agahakanaga
8
Minervini VCP Pattern -Indian ContextThis script implements Mark Minervini's Trend Template and VCP (Volatility Contraction Pattern) pattern, specifically adapted for Indian stock markets (NSE). It helps identify stocks that are in strong uptrends and ready to break out. Core Concepts Explained 1. What is the Minervini Trend Template? Mark Minervini's method identifies stocks in Stage 2 uptrends - the sweet spot where institutional money is accumulating and stocks show the strongest momentum. Think of it as finding stocks that are "leaders" rather than "laggards." 2. What is VCP (Volatility Contraction Pattern)? A VCP occurs when: Stock price consolidates (moves sideways) after an uptrend Price swings get tighter and tighter (like a coiled spring) Volume dries up (fewer people trading) Then it breaks out with force. You can customize the strategy settings without editing code. Key Settings: Minimum Price (₹50): Filters out penny stocks that are too volatile Min Distance from 52W Low (30%): Stock should be at least 30% above its yearly low Max Distance from 52W High (25%): Stock should be within 25% of its yearly high (showing strength) Moving Average Periods: 10, 50, 150, 200 days (industry standard) Minimum Volume (100,000 shares): Ensures the stock is liquid enough to trade Indian Market Adaptation: The default values (₹50 minimum, volume thresholds) are adjusted for NSE stocks, which behave differently than US markets. The script pulls weekly chart data even when you're viewing daily charts. Why it matters: Weekly trends are more reliable than daily noise. Professional traders use weekly charts to confirm the bigger picture. What are Moving Averages (MAs)? Simple averages of closing prices over X days They smooth out price action to show trends Think of them as the "average cost" of buyers over different time periods The 4 Key MAs: 10 MA (Fast): Very short-term trend 50 MA: Short to medium-term trend 150 MA: Medium to long-term trend 200 MA: Long-term trend (the "grandfather" of all MAs) Why Weekly MAs? The script also calculates 10 and 50 MAs on weekly data for additional confirmation of the bigger trend. The script Finds the highest and lowest prices over the past 52 weeks (1 year). Why it matters: Stocks near 52-week highs are showing strength (institutions buying) Stocks far from 52-week lows have "room to run" upward This is a psychological level that influences trader behaviour. What is Volume here ? The number of shares traded each day High volume = many traders interested (conviction) Low volume = lack of interest (weakness or consolidation) Volume in VCP: During consolidation (sideways movement), volume should dry up - this shows sellers are exhausted and buyers are holding. When volume spikes on a breakout, it confirms the move. NSE Context: Indian stocks often have different volume patterns than US stocks, so the 50-day average is used as a baseline. Relative Strength vs Nifty: Example: If your stock is up 20% and Nifty is up 10%, your stock has strong RS If your stock is up 5% and Nifty is up 15%, your stock has weak RS (avoid it!) Why it matters: The best performing stocks almost always have strong relative strength before major moves. The 13 Minervini Conditions:- Condition 1: Price > 50/150/200 MA Meaning: Current price must be above ALL three major moving averages. Why: This confirms the stock is in a clear uptrend. If price is below these MAs, the stock is weak or in a downtrend. Condition 2: MA 50 > 150 > 200 Meaning: The moving averages themselves must be in proper order. Analogy: Think of this like layers in a cake - short-term on top, long-term at bottom. If they're tangled, the trend is unclear. Condition 3: 200 MA Rising (1 Month) Meaning: The 200 MA today must be higher than it was 20 days ago. Why: This confirms the long-term trend is UP, not flat or down. The means "20 bars ago." Condition 4: 50 MA Rising Meaning: The 50 MA today must be higher than 5 days ago. Why: Confirms short-term momentum is accelerating upward. Condition 5: Within 25% of 52-Week High Meaning: Current price should be within 25% of its 1-year high. Example: 52-week high = ₹1000 Current price must be above ₹750 (within 25%) Why: Strong stocks stay near their highs. Weak stocks fall far from highs. Condition 6: 30%+ Above 52-Week Low (OPTIONAL) Meaning: Stock should be at least 30% above its yearly low. Note: The script marks this as "SECONDARY - Optional" because the other conditions are more important. However, it's still a good confirmation. Condition 7: Price > 10 MA Meaning: Very short-term strength - price above the 10-day moving average. Why: Ensures the stock hasn't just rolled over in the immediate term. Condition 8: Price >= ₹50 Meaning: Filters out stocks below ₹50. Why: In Indian markets, stocks below ₹50 tend to be penny stocks with poor liquidity and higher manipulation risk. Condition 9: Weekly Uptrend Meaning: On the weekly chart, price must be above both weekly MAs, and they must be properly aligned. Why: Confirms the bigger picture trend, not just daily fluctuations. Condition 10: 150 MA Rising Meaning: The 150 MA is trending upward over the past 10 days. Why: Another confirmation of medium-term trend health. Condition 11: Sufficient Volume Meaning: Average volume must exceed 100,000 shares (or your custom setting). Why: Ensures you can actually buy/sell the stock without moving the price too much (liquidity). Condition 12: RS vs Nifty Strong Meaning: The stock's relative strength vs Nifty must be improving. Why: You want stocks that are outperforming the market, not underperforming. Condition 13: Nifty in Uptrend Meaning: The Nifty 50 index itself must be above its 50 MA. Why: "A rising tide lifts all boats." It's easier to make money in individual stocks when the overall market is bullish. VCP Requirements: Volatility Contracting: Price swings getting tighter (coiling spring) Volume Drying Up: Fewer shares trading + trending lower The Setup: When volatility contracts and volume dries up WHILE all 13 trend conditions are met, you have a VCP setup ready to explode. What You See on Chart: Colored Lines: 10 MA (green), 50 MA (blue), 150 MA (orange), 200 MA (red) Blue Background: Trend template conditions met (watch zone) Green Background: Full VCP setup detected (buy zone) ↟ Symbol Below Price: New VCP buy signal just triggered Information Table: What it does: Creates a checklist table on your chart showing the status of all conditions. Table Structure: Column 1: Condition name Column 2: Status (✓ green = met, ✗ red = not met) Final Row: Shows "BUY" (green) or "WAIT" (red) based on full VCP setup status. Dos: Example: Account size: ₹5,00,000 Risk per trade: 1% = ₹5,000 Entry: ₹1000 Stop loss: ₹920 (8% below) Distance to stop: ₹80 Shares to buy: ₹5,000 / ₹80 = 62 shares Exit Strategy: Sell 1/3 at +20% profit Sell another 1/3 at +40% profit Let the final 1/3 run with a trailing stop Always exit if price closes below 10 MA on heavy volume What This Script Does NOT Do: Guarantee profits - No strategy works 100% of the time Account for news events - Earnings, regulatory changes, etc. Consider fundamentals - Company financials, debt, management quality Adapt to market crashes - Works best in bull markets Best Market Conditions: ✅ Nifty in uptrend (above 50 MA) ✅ Market breadth positive (more stocks advancing) ✅ Sector rotation happening ❌ Avoid in bear markets or high volatility periods References: Trade Like a Stock Market Wizard by Mark Minervini Think & Trade Like a Champion by Mark Minervini Chart attached: AU Small Finance Bank as on EoD dated 28/11/25 This script is a powerful tool for educational purpose only, remember: It's a tool, not a crystal ball. Use it to find high-probability setups, then apply proper risk management and patience. Good luck!
Pine Script® indicator
by kingshukghosh71
6
Seasonal Pattern DecoderSeasonal Pattern Decoder The Seasonal Pattern Decoder is a powerful tool designed for traders and analysts who want to uncover and leverage seasonal tendencies in financial markets. Instead of cluttering your chart with complex visuals, this indicator presents a clean, intuitive table that summarizes historical monthly performance, allowing you to spot recurring patterns at a glance. How It Works The indicator fetches historical monthly data for any symbol and calculates the percentage return for each month over a specified number of years. It then organizes this data into a comprehensive table, providing a clear, year-by-year and month-by-month breakdown of performance. Key Features Historical Performance Table: Displays monthly returns for up to a user-defined number of years, making it easy to compare performance across different periods. Color-Coded Heatmap: Each cell is colored based on the performance of the month. Strong positive returns are shaded in green, while strong negative returns are shaded in red, allowing for immediate visual analysis of monthly strength or weakness. Annual Summary: A "Σ" column shows the total percentage return for each full calendar year. AVG Row: Calculates and displays the average return for each month across all the years shown in the table. WR Row: Shows the "Win Rate" for each month, which is the percentage of time that month had a positive return. This is crucial for identifying high-probability seasonal trends. How to Use Add the "Seasonal Pattern Decoder" indicator to your chart. Note that it works best on Daily, Weekly, or Monthly timeframes. A warning message will be displayed on intraday charts. In the indicator settings, adjust the "Lookback Period" to control how many years of historical data you want to analyze. Use the "Show Years Descending" option to sort the table from the most recent year to the oldest. The "Heat Range" setting allows you to adjust the sensitivity of the color-coding to fit the volatility of the asset you are analyzing. This tool is ideal for confirming trading biases, developing seasonal strategies, or simply gaining a deeper understanding of an asset's typical behavior throughout the year. ## Disclaimer This indicator is designed as a technical analysis tool and should be used in conjunction with other forms of analysis and proper risk management. Past performance does not guarantee future results, and traders should thoroughly test any strategy before implementing it with real capital.
Pine Script® indicator
by dchunt-stack
3
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
ATAI Triangles — Volume-Based & Price Pattern Analysis (v1.01)ATAI Triangles — Volume-Based & Price Pattern Analysis (v1.01) Overview ATAI Triangles identifies two synchronized triangle structures — Hi-Lo-Hi (HLH) and Lo-Hi-Lo (LHL) — and analyzes them both geometrically and volumetrically. For each triangle, volume is split between its two legs (segments), providing interpretable insights into buyer vs seller activity along each path. The idea is that certain geometric shapes, when paired with volume distribution on each leg, can reveal patterns worth exploring. Users are encouraged to share their observations and interpretations in the TradingView comments section so that more aspects of these triangle combinations can be discovered collectively. Extra (for fun) For a bit of entertainment, we’ve included a symbolic “hexagram” glyph that appears when both triangle types align in a particular way — it’s just a visual nod to geometry and has no predictive or trading value. Interface & data clarity - Inputs and parameters are organized by function (pattern geometry, volume analysis, visuals, HUD, labels). - Each input includes tooltips explaining its purpose, units, and possible effects on calculations. - All on-chart objects (polylines, labels, connectors) are named and colored to reflect their role, with volume values formatted in engineering notation (K, M, B). - HUD columns and label texts use concise terms and consistent units, so that every displayed value is directly traceable to a calculation in the code. - Daily and lower-timeframe volume series are clearly separated, with update logic documented to indicate intrabar provisional values vs finalized bar-close values. Usage notes Designed to be used alongside other indicators and chart tools for context; it is not a standalone signal generator. All Buy/Sell volumes are absolute (non-negative); Δ = Buy − Sell. Intrabar values update live and finalize at bar close (no repaint after close). Disclaimer For research, discussion, and educational purposes only. This is not financial advice and does not guarantee any outcome. Trade at your own risk.
Pine Script® indicator
by ata_sabanci
6
CRT + PO3 Range Theory Hey everyone, I’ve put together a little script for TradingView that tries to show the classic CRT + PO3 (Power of Three) pattern. It’s still a work in progress, so please use it on a demo account and let me know what you think! What It Does Accumulation Phase: On each higher‐timeframe bar (e.g. 2-hour), it draws a shaded zone where price is hanging out. That’s when we assume “big players” are quietly building positions. Manipulation Phase: If price briefly pokes above or below that zone but then slips back inside, it marks that wick as a shake-out. Distribution Phase: When price finally closes cleanly outside the zone, it draws another shaded area and drops a “Distribution” label plus a big LONG or SHORT arrow on that bar. You can tweak it so it only shows signals when a bar closes (no more weird flashing mid-bar), or even allow “direct” Distribution on a clean breakout without waiting for a fake wick first. How to Set It Up Add the script from your Indicators list. Pick your HTF (I like 2-hour or 4-hour). Turn “Show Zone Labels” on or off—these are the little “Accumulation/Manipulation/Distribution” tags. Turn “Show Entry Signals” on to get the big LONG/SHORT arrows. If you hate flicker, check “Show signals only at bar close.” If you want to catch a swift breakout (no fake-out needed), check “Allow direct Distribution on clean breakout.” There are also sliders for zone colors, transparency, label size, and how far above/below the bars the labels sit. Why It’s Still a Beta I’m not a CRT/PO3 guru—this is more of a hobby project and a little facination for this strategy. There might be edge cases where it misses a shake-out or flags a Distribution too early. I take no responsibility for your trades—please only run it on a demo account until we’ve worked out the quirks. Feedback Wanted! If you try it out, I’d love to hear: Did the Manipulation wicks line up where you expected? Were the Distribution arrows on the right bars? Any ideas for easier settings or extra alerts? Thanks for testing and helping me turn this into something solid!
Pine Script® indicator
by PDK1977
Advanced 5-Candle Pattern PredictorThis advanced indicator uses machine learning techniques and multiple analysis methods to predict potential bullish or bearish moves based on the last 5 candles. It combines volume analysis, momentum indicators, and pattern recognition to generate high-probability trading signals. Key Features: - Sophisticated 5-candle pattern analysis - Volume-confirmed signals - Multi-timeframe trend analysis - Advanced momentum tracking - Real-time probability scoring How It Works: The indicator analyzes multiple factors for each candle: 1. Body/wick ratios and relationships 2. Volume correlation with price movement 3. Momentum shifts between candles 4. Trend strength and direction 5. Technical indicator confluence (RSI, MACD) Signals are generated only when: - Pattern probability exceeds the threshold (default 75%) - Volume confirms the movement - Multiple technical factors align - Trend strength supports the direction Parameters: - Probability Threshold: Minimum probability required for signal generation (0.6-1.0) - Volume Threshold: Required volume multiplication factor (1.0-3.0) Visual Feedback: - Green line: Bullish probability - Red line: Bearish probability - Gray dashed line: Threshold level - Large green/red arrows: High-probability signals - Detailed information table showing current probabilities and signals Usage Tips: 1. Higher threshold values generate fewer but potentially more reliable signals 2. Look for confluence between probability scores and volume confirmation 3. Use in conjunction with your regular trading strategy for confirmation 4. Best used on timeframes 15m and above for more reliable patterns Warning: Past performance does not guarantee future results. This indicator should be used as part of a complete trading strategy with proper risk management.
Pine Script® indicator
by IIRADII
1
Bullish On Neck Candlestick patternExplanation: 1. Bullish Large Candle: The first candle is defined as bullish, where the closing price is much higher than the opening price. It also needs to have a large body (at least 60% of the total candle height). 2. Small Bearish Candle: The second candle is bearish and closes near the high of the previous bullish candle, with a relatively small body. 3. Bullish On Neck Detection: The script looks for this pattern where the bullish large candle is followed by a smaller bearish candle that closes near the first candle's high, indicating potential for a bullish breakout. 4. Plot: When the pattern is detected, the script places a green triangle above the bar to signal the bullish on neck pattern.
Pine Script® indicator
by niteshparikh75
ICT Immediate Rebalance [LuxAlgo]The ICT Immediate Rebalance aims at detecting and highlighting immediate rebalances, a concept taught by Inner Circle Trader. The ICT Immediate Rebalance, although frequently overlooked, emerges as one of ICT's most influential concepts, particularly when considered within a specific context. 🔶 USAGE Immediate rebalances, a concept taught by ICT, hold significant importance in decision-making. To comprehend the concept of immediate rebalance, it's essential to grasp the notion of the fair value gap. A fair value gap arises from market inefficiencies or imbalances, whereas an immediate rebalance leaves no gap, no inefficiencies, or no imbalances that the price would need to return to. Following an immediate rebalance, the typical expectation is for two extension candles to ensue; failing this, the immediate rebalance is deemed unsuccessful. It's important to note that both failed and successful immediate rebalances hold significance in trading when analyzed within a contextual framework. Immediate rebalances can manifest across various locations and timeframes. It's recommended to analyze them in conjunction with other ICT tools or technical indicators to gain a more comprehensive understanding of market dynamics. 🔹 Multi Timeframe The script facilitates multi-timeframe analysis, enabling users to display immediate rebalances from higher timeframes. Enabling the display of higher timeframe candles helps visualize the detected immediate rebalance patterns. 🔹 Dashboard The dashboard offers statistical insights into immediate rebalances. 🔶 SETTINGS 🔹 Immediate Rebalances Timeframe: this option is to identify immediate rebalances from higher timeframes. If a timeframe lower than the chart's timeframe is selected, calculations will be based on the chart's timeframe. Bullish, and Bearish Immediate Rebalances: color customization options. Wicks 75%, %50, and %25: color customization options of the wick price levels for the detected immediate rebalances. Immediate Rebalance Candles: toggles the visualization of higher timeframe candles where immediate rebalance is detected. Confirmation (Bars): specifies the number of bars required to confirm the validation of the detected immediate rebalance. Immediate Rebalance Icon: allows customization of the size of the icon used to represent the immediate rebalance. 🔹 Dashboard Dashboard: toggles the visualization of the dashboard, sets its location, and customizes the size of the dashboard. 🔶 RELATED SCRIPTS Fair-Value-Gap Thanks to our community for recommending this script. For more conceptual scripts and related content, we welcome you to explore by visiting >>> LuxAlgo-Scripts .
Pine Script® indicator
by LuxAlgo
12
Japanese Candlestick Patterns💡 Japanese Candlesticks are a visual representation of price movements in financial markets. They were first developed by Japanese rice traders in the 18th century to analyze the price of rice contracts, and have since been adopted by traders across the world for a wide range of assets. 📌 A candlestick is composed of a rectangular body and two thin lines, known as wicks, that extend from the top and bottom of the body. The body represents the difference between the opening and closing prices of the asset during a specific time period, while the wicks indicate the high and low prices reached during that period. 📌 By using these and other candlestick patterns, traders can identify potential buying and selling opportunities and manage their risk accordingly. However, it's important to note that candlestick patterns should be used in conjunction with other technical and fundamental analysis tools to make well-informed trading decisions. 📌 Candlestick patterns are particularly useful because they are based on price action rather than external factors such as news or economic data. This makes them useful for traders who employ technical analysis, as they can use candlestick patterns to identify potential trading opportunities and manage their risk accordingly. 🚀 Candlesticks can be used to identify market trends, as well as potential buying and selling opportunities. By analyzing the patterns formed by multiple candlesticks, traders can gain insights into the behavior of the market and make informed trading decisions. Overall, Japanese Candlesticks are a powerful tool for technical analysis that can provide valuable insights into financial markets. 🔍 THE PATTERNS THAT ARE RECOGNIZED: 🔄 Reversal Patterns * Counterattack Lines * Dark-Cloud Cover * Engulfing ( Bearish / Bullish ) * Hammer * Hanging Man * Harami ( Bearish / Bullish ) * In Neck * On Neck * Piercing * Three Black Crows * Thrusting * Upside Gap Two Crows ⭐️ Stars * Abandoned Baby * Evening star * Inverted Hammer * Morning Star * Shooting Star 🎯 Doji * Doji * Dragonfly Doji * Evening Doji Star * Gravestone Doji * Long Legged Doji * Morning Doji Star 🔥 Continuation Patterns * Falling Three Methods * Rising Three Methods * Tasuki ( Upside / Downside ) 🥊 Utility * Long Lower Shadow * Long Upper Shadow ❤️ Please, support the work with like & comment! ❤️
Pine Script® indicator
by Marceeelll
8
ABC finderI made this script a long time again and never released it. It is a ABC Pattern finding tool. You can adjust the "Bars Back" setting to include more or less bars in the pattern. I usually have it set to 10 or 15 these settings seem to work well on most assets. The scripts allows you to set up a trade box automatically and has a call out table to make prices levels more clear and easy to read. The trade box levels can be set by fixed percentage or by pattern based fib. Hope it helps!
Pine Script® indicator
by melodicfish
31
Harmonic Pattern Possibility Table█ OVERVIEW This indicator was intended as educational purpose only based on Harmonic Pattern Table (Source Code) and Ratio For Harmonic Points to show Harmonic Pattern Possibility. █ INSPIRATION This indicator was build upon realizing there are some overlap for B = XA among Alternate Bat, Bat, Crab and Gartley. Hence, the values split up to showcase the possibility of non overlap ratio. █ USAGE Possible pattern, priority pattern and selected pattern may differs based value input. Therefore C = AB, D = BC, D = XA and Stop Loss will change based value input and also selected pattern. █ CREDITS Credit to Scott M Carney, Harmonic Trading Volume 3: Reaction vs. Reversal.
Pine Script® indicator
by RozaniGhani-RG
2
FunctionPatternDecompositionLibrary "FunctionPatternDecomposition" Methods for decomposing price into common grid/matrix patterns. series_to_array(source, length) Helper for converting series to array.   Parameters:      source : float, data series.      length : int, size.   Returns: float array. smooth_data_2d(data, rate) Smooth data sample into 2d points.   Parameters:      data : float array, source data.      rate : float, default=0.25, the rate of smoothness to apply.   Returns: tuple with 2 float arrays. thin_points(data_x, data_y, rate) Thin the number of points.   Parameters:      data_x : float array, points x value.      data_y : float array, points y value.      rate : float, default=2.0, minimum threshold rate of sample stdev to accept points.   Returns: tuple with 2 float arrays. extract_point_direction(data_x, data_y) Extract the direction each point faces.   Parameters:      data_x : float array, points x value.      data_y : float array, points y value.   Returns: float array. find_corners(data_x, data_y, rate) ...   Parameters:      data_x : float array, points x value.      data_y : float array, points y value.      rate : float, minimum threshold rate of data y stdev.   Returns: tuple with 2 float arrays. grid_coordinates(data_x, data_y, m_size) transforms points data to a constrained sized matrix format.   Parameters:      data_x : float array, points x value.      data_y : float array, points y value.      m_size : int, default=10, size of the matrix.   Returns: flat 2d pseudo matrix.
Pine Script® library
by RicardoSantos
3