Candlestick analysis

malk1903

Simple script to identify FVGs (Fair Value Gaps) on the current chart timeframe. How it differs from other FVG indicators, is that it evaluates the 3rd candle in the FVG pattern to then indicate whether the FVG will be a breakaway gap or if price may return to it. The indicator is based on the teachings of 'Arjo'. Arjo states that the 3rd candle in the FVG...

Samson_Zimuto_Jnr

Certainly! Here's a user guide for the provided Pine Script code: User Guide: 1800 Candle Highlight Indicator Overview: The "1800 Candle Highlight" indicator is designed to visually emphasize the 18:00 (6:00 PM) candle on the chart, providing clarity on its open and close prices, and highlighting its timeframe with a distinctive color. Key Features: Candle...

ShubhamPandit007

This is indicator which works on the basis of the SMC Concepts.

AlphaViz

Trend Chameleon is a trend indicator originally created by Alex Cole for the Bloomberg Terminal. It evaluates four conditions to provide a directional strength score: 1. Whether the MACD value is positive. 2. Whether the SMA 50 of open prices is above the SMA 50 of the close prices. 3. Whether the ROC indicator value is positive. 4. Whether the current close...

daviswrld

made using Instagram ai lollll. I don't know how long this should be but it is based off of holding zones

yjadhav2005

highest function is used to calculate the highest high of the last 10 bars (2 weeks ago). We compare this with the 2 weeks ago close to check if the latest high is greater than or equal to it. Similarly, we compare the latest close with the 2 weeks ago close and check if the latest volume is greater than 2,000,000. If all of these conditions are met, it generates...

luisfgomespt

Reflete a força dos candles e divergências do preço com o indicador.

Tuboyu Обновлено 

This indicator marks entry/stop loss price . Price moved with the model "ICI" , mentioned by mentfx, which means Impulse Correction Impulse, aka, expansion-contraction-expansion. colored bar means expansion, blue dash noted stop loss price in contraction stage(below bar for bullish or above bar for bearish), yellow dash noted entry point(above bar for...

USDSTREAM

### Detailed Analysis of Market by UsdStream Pre 4 Indicator The UsdStream Pre 4 indicator is designed to perform a multi-faceted analysis of the market by integrating several components that together provide a comprehensive strategy for trading. Here’s a more detailed explanation of how each component of the indicator works together to analyze market...

Joesax69

This indicator displays transitions of candles from red to green and from green to red on a chart, with the ability to set an adjustable percentage threshold. When a candle transitions from red to green and the percentage change exceeds the specified threshold, a red to green transition signal is issued. Similarly, when a candle transitions from green to red and...

jilpatel

This Pine Script code is designed to identify and plot Marubozu candlestick patterns on a trading chart. Marubozu candles are characterized by having very small or non-existent wicks (shadows) and a large body, indicating strong buying or selling pressure. The script first calculates the body size and wick size for both red (bearish) and green (bullish) Marubozu...

tarun171977 Обновлено 

Inside Bar Detection: The function isInsideBar() checks if a bar is an inside bar, meaning its high is lower than the previous bar's high and its low is higher than the previous bar's low. Inside bars are highlighted with an orange color. Bearish Candlestick Patterns: Bearish Engulfing: When the current candlestick's body completely engulfs...

ClayeWeight

Multi-TimeFrame Support and Resistance w/ Strength Rating Short Description: This indicator identifies key support and resistance levels on your chart and rates their significance based on a unique strength rating system. By analyzing price action across multiple timeframes, it helps you make informed trading decisions and understand the market structure more...

TRN-Trading

The innovative TRN Bars are designed to help traders to analyze markets in an intuitive way. It combines three core concepts: TRN Bars to see the current trend and reversals (replaces the default chart bars) Bar Ranges to highlight consolidations Dynamic Trend to see the overall trend. First, let's have a look at each of these concepts individually....

tradedots Обновлено 

The "Bullish Candlestick Patterns With Filters" is a trading indicator that identifies 6 core bullish candlestick patterns. This is further enhanced by applying channel indicator as filters, designed to further increase the accuracy of the recognized patterns. 6 CANDLESTICK PATTERNS Hammer Inverted Hammer Bullish Engulfing The Piercing Line The...