🔶 OVERVIEW
🔹 This script shows price in a similar style as volume . To accomplish this we use the body of the candle ( close - open ), which is placed on a zero line.
This can be useful when comparing volume ~ price .
🔹 3 options are included to show additional lines, to make comparisons easier:
· Percentile nearest rank
· Bollinger Bands ...
Very simple indicator that shows the height of each candle (high-low) in histogram format. Can be used to compare the current candle with previous ones.
The Urika Confirmation (UC) Indicator helps a user make a better decision about areas to enter the market for a trade. The indicated incorporates the highs and the lows of the price for a specific period. The information is depicted on this two-line indicator to show the direction of the price. The gap between the two lines is a cloud for determining the current...
This script is tailored towards experienced traders who prefer to view raw price charts during live execution. It searches for a three-bar pattern of what is colloquially called "fair value gap", or "imbalance" and uses a single line to plot the results. The goal is to display price in a way that is as simple as possible so that chart readers who don't prefer to...
Inside Bar: Inside Bar is defined as, " when candle body range falls within previous day candle body".
Some of us take the whole prices range . Here i have taken only the price range of the body of tehecandle.
I have created an indicator to identify Inside bras and draw target levels on both the sides. Traders can easily convert it into a strategy and...
This is just an idea I had and I have no idea whether it will be useful but I thought I would “toss it out into the wild” because if someone finds it of benefit then all the better.
How it works is really simple. It looks at a number of bars/candles back and if two bars next two each other close where one is higher than its open and the other closes lower (a...
This script is based on Nilly River Theory, and shows up, down, inner and outer bars according that concept.
it can be used for trend recognition. blue after blue candles show continuation of an upward trend.
red after red candles show continuation of a downward trend. gray candles are members of the trend they are within.
An opposite candle color to previous...
The Pullback Indicator version 0.2
Identifies pullbacks by checking if the current candle's body is lower than the previous candle's low for a bearish pullback or higher than the previous candle's high for a bullish pullback. Once a pullback has been identified, the Indicator marks the lowest low or highest high of the trend with a circle.
NOTE it's not fully...
Since my own style is Smart Money Concept and these days I have seen a lot of my friends who are having trouble identifying structures for their indicators and strategies. I wrote this code so they could use it in their strategy . In fact, this type of structure, as one of the strongest technical structures, can increase the success of your strategy according to...
This indicator draw only valid orders blocks on your 1 minute Chart
An order block is created when :
A bullish candle engulf a previous bearish candle
A bearish candle engulf a previous bullish candle
Once the order block is created, a zone is stretched to the actual bar
If the price goes into the order block zone, the zone is reduced accordingly
If the price...
In the context of general equities, opening price that is substantially higher or lower than the previous day's closing price, usually because of some extraordinarily positive or negative news. Opening gap using as a potential target which market usually trades to.
Setup 123 Scalper is characterized by a bottom (buy pattern formed by 3 candles where the 2nd has the lowest minimum) or a top (sell pattern formed by 3 candles where the 2nd has the highest maximum). It has a filter that only shows the signal when the asset is trending. Setup popularized by trader Alexandre Wolwacz (Stormer).
Na linguagem do autor:
O Setup 123...
NET BSP derived from Buying & Selling Pressure which is a volatility indicator that monitors average metrics of green and red candles separately.
We could navigate more confidently through market with projected market balance.
BSP allowed us to track and analyze the ongoing performance of bullish and bearish impulsive waves and their corrections.
Due to...
Fibonacci Extension
Fibonacci Extension is a powerful technical analysis tool that traders use to predict where the market might find support and resistance. It is based on the Fibonacci sequence and uses levels that are found by extending the 23.6%, 38.2%, 50%, 61.8%, and 100% Fibonacci ratios from a swing high or low. These levels can be used to find possible...
This is effectively version 2 of my script "Candle Fill % Meter", with a few different/more options available in a more compact form. Choose between multiple oscillator sources, # of dividing lines, and solid or gradient candle fill. Once again this script is intended for use with hollow candles! This script enables you to see more information with less screen...
This indicator is used to automatically identify and plot two forms of liquidity that will be targeted by market makers.
The first form of liquidity is based on multi-time fame highs and lows. It plots 1H, 4H, D, W, & M liquidity on an intraday chart to make it easier to identify. I believe hat liquidity is what drives the market and the most common form of this...
Credit to AkifTokuz
I would like to give the credit to AkifTokuz, I built this indicator based on AkifTokuz's WRBHD indicator code.
What is added?
I have added the visual block to show the hidden gap (HG). The visual dovetailed the full range of the hidden gap. The size of the block give you a good idea on the strength of the hidden gap, namely a bigger...
![EURUSD: Orders Blocks [TK]](https://s3.tradingview.com/k/kZZWmpRV_mid.png "Orders Blocks [TK]")
![ES1!: OHLC [TFO]](https://s3.tradingview.com/d/DbmEwLl4_mid.png "OHLC [TFO]")
