This is an interesting take on candlesticks. These special High-Low Candles do not show the Open and Close levels, so there are no wicks. However, you still see the the High and Low of the entire candle, giving you the full range.
Since this is an indicator, be sure to hide the chart candles to avoid overlap. Or choose offsetting colors to see the traditional...
This trading set up will show the Frank Ochoa's 4 reversal candles with the 'RSI and volume filters' along with the necessary pivots. You will be able to select the RSI and volume filters individually for all the 4 setups. It will also show the colored RSI candle when the RSI conditions met. You can also set the Initial Balance based on your preference. Lot more...
Lite version of the original Trendy Bar Trend Color
This will only color the candlestick body of your chart
Can be used with solid, hollow, renko, or any other chart type
Custom coloring for Highs, Lows, and consolidation is removed
In the book, The New Technical Trader by Tushar Chande and Stanley Kroll there is a part that talks about candlestick analysis and how the wicks play a role on how the price will behave. When wick lengths increase then there could be uncertainty. Weakening of support and resistance levels can also be seen by the size of the candlestick wicks or shadows. Shoutouts...
This script provides basic pivot point Support and Resistance Levels to the user whilst displaying Break signal tags. It also has the ability to let the user display more significant breaks by filtering using the Volume Oscillator.
Only more significant breaks of these basic levels are displayed to the user when optimized which avoids noise and messy signals.
It...
Level: 2
Background
Japanese candlesticks provide more detailed and accurate information about price movements compared to bar charts. They provide a graphical representation of the supply and demand behind the price promotions for each period. Each candlestick contains a central part that indicates the distance between the opening and closing of the security...
THE 'PROBLEM'
A lot of buy and sell strategies are based on price action being at a particular (support) level, crossovers of different moving averages or of price action over moving averages. Whilst this is a safe way to trade, the price paid is lost earnings , whilst one waits for price/moving averages to reach a particular level/configuration. So for instance...
This script labels swing highs and swing lows as well as the candle pattern that occurred at that precise point. The script can detect the following 6 candle patterns: hammer, inverse hammer, bullish engulfing, hanging man, shooting star, and bearish engulfing.
This indicator by its very nature backpaints by default, meaning that the displayed components are...
It is a well known fact that actual drivers of the market are Big Institutions, Mutual Funds & Big Guys with deep pockets.
They have large amounts of money to invest and they buy & sell in bulk.
When they buy, often their objective is to buy at lower levels (below average price of the day) & when they sell they sell at higher levels (above average price of...
Bank Nifty is an Index which comprises of 12 Banking Stocks.
Zeta Force indicator tracks underlying stocks’ Price & Volume simultaneously to detect sudden momentum in this index.
Based upon its calculations, Zeta Force indicator calculates V+, V-, Zeta Force & Zeta TP variables and generates Buy/Sell signals when major changes are detected in these...
Simple script to plot the MA of candle body size and candle wick size. When sicks are larger than bodies (especially if both are also higher), it can often mean indecision, volatility, and unpredictability in the market.
Alert anytime a Green Candle is over a Red Candle after touching EMA 20 periods
Every time a green candle surpassed red candle after that previous candle cross or touch exponential average of 20 periods and alert is showed in chart
It considers that previous red candle has been losing strength after crossing or barely touching EMA 20
Also SMA of 50 and 200...
SCMB Multialerts is a tool for candle structure alert automation.
The input screen allows you to input the timeframe, choose candle structure condition, toggle inverse condition, and toggle Heiken-Ashi for that candle structure trigger condition.
Input the timeframe with the # first and use H - Hour, D - Day, W - Week, and M - Month after the number; example...
Price movement indicator
Useful for indicating high/low levels of price movement
Red - when close is below the open(the actual move)
Yellow - hesitance
Green - when close is above the open(the actual move)
* Highly recommended to set transparency to 50% to all columns when combined is Off(unchecked); 0% otherwise
Experimental Script !
What it does :
Signals a bull / bear higher timeframe candle state but *ONLY* if it flips state.
There is also an adjustable bar lookback offset, equivalent to Close
Public script as it's barely an embryo of an idea..
Enjoy.
*note* due to the new pinescript 'resolution' timeframe functionality it will only colour the bars of the...
This code is just a combination of all TradingView's Candlestick Pattern.
I mix all the TV Candlestick Patterns Indicator from the TradingView in Indicator.
My script builds upon another user-submitted script by rebuilding the logic used to identify candlestick patterns. The logic in my script is a mix of strict and lax guidelines to mitigate false flags and present valid buy and sell signals.
-To use this indicator, simply add it to any chart. It will identify trends on any time frame although the lower you go, the...
Hello BoredWorkers here.
We've been on a journey to create the most perfectly simple indicator for newbies to profit NO MATTER WHAT and we're ending our journey successfully here soon.
So we will be releasing indicators, apart of or, that were a part of our journey.
The guided lights indicator is a favorite.
This indicator is simple. It displays the current...
![ETHUSD: Support and Resistance Levels with Breaks [LuxAlgo]](https://s3.tradingview.com/j/JDFoWQbL_mid.png "Support and Resistance Levels with Breaks [LuxAlgo]")
![UNIUSDT: Swing Highs/Lows & Candle Patterns [LuxAlgo]](https://s3.tradingview.com/y/yxEJ4Dxw_mid.png "Swing Highs/Lows & Candle Patterns [LuxAlgo]")
