What is gap in candlestick?
A gap is an empty space within a price chart between the two neighboring candlesticks.
Gaps occur when the following candlestick opens at a distance from the previous candlestick closing price. This may happen if the market’s view of the price rapidly changes and there’s a sudden influx of buy/sell orders.
A gap is defined as an...
This Script will tell you when to buy and when to sell based on RSI Divergence and Price Movement. The Indicator here will show buy signal when the momentum of selling decrease and the price is going higher high... and It will produce sell signal when the momentum of buying is weak and the price is going lower low.... In the Next script I will publish the same...
IMPORTANT NOTE: (Read this before looking at any other thing on this indicator)
This indicator is created to supersede existing Auto-Harmonic-Pattern-Ultimate-Trendoscope invite only script. The script deviates a lot from the original Auto Harmonic Patterns Ultimate script in terms of number of available patterns, trading type and few other things. Hence,...
This indicator plots the Weekly inside bar and 3 Weekly tight close.
i : Weekly inside bar
- : Weekly tight close
1. Weekly inside bar (WIB)
Which shows the price contraction where the current bar's range is lower than the previous bar's range
Conditions:
Current bar's low is higher than previous low and high less than the previous bar
...
This indicator is created to find the imbalances when a market exchange receives too many of one kind of order—buy, sell, limit—and not enough of the order's counterpoint. If you know how to trade the imbalances, this indicator can help you by find imbalances automatically.
Here is an attempt to gather and present stats and probabilities of different chart patterns. Here, we challenge few traditional biases such as rising wedge is bearish, falling wedge is bullish etc. All the chart patterns identified in this script are bi-directional. Meaning they offer opportunities to trade in either direction.
This indicator is built on the...
This indicator show's you when you have a three line strike engulfing candle,
Showing you easily by changing the colour of the candle and displaying a diamond above or below to indicate whether it was a bulling or bearish signal.
How To Use
Simply add to your screen and allow the indicator do its thing
Click the three dots to the side of the indicator and...
This indicator draws lines and corresponding labels any time a monthly all-time high (ATH) for a stock/ETF has not been penetrated for three months and has also doubled in price within the year prior to that ATH. In other words, the chart will find a high that has not been surpassed for at least three months, then look back over the past year to find the lowest...
Description
This indicator draws a dynamic "Open High Low Close" type visual on intraday charts so the trader can easily keep track of the daily/weekly movement. This indicator was inspired by the Inner Circle Trader’s (ICT) “Power 3” concept, which is Accumulation, Manipulation, and Distribution of price on a daily timeframe.
Visual
This indicator plots the...
If you want to be alerted when a price closes above or below a given level(s), then this indicator is for you! 😁 Whether you're looking for a breakout, or some change of structure, etc, this should come in handy.
Usage:
Just add a level(s) (anything above 0).
Optionally plot lines.
Set alerts as normal.
Enjoy!
As the name says this is a straightforward way to highlight the times of day that you are interested in studying.
Like to trade just a market open, or highlight a full session?
Could also be used negatively to "block out" a window of time each day.
Usage:
Just set your preferred time zone and then your time window (start and end).
Hope you find it useful! 😁
TREND FRIEND is a custom built, data driven algorithm that gives buy and sell signals when many different factors line up together on a single candle. It is designed to catch every move so you can expect early entries and exits across all of your favorite markets. Use scalp mode for early entries with lots of signals or swing mode for longer swings with fewer...
Our proprietary algorithm supports two types of Signals to choose from (and uses Matrices to keep track of the various waves): 'Fibonacci Extensions' where it spots extended waves (XABC) to predict AB=CD moves and puts the Take Profit levels accordingly to commonly used Fibonacci ratios; OR 'P&V' which stands for Peaks & Valleys (M and W) capturing full Peaks and...
It is used to display the k-line status of heikin nash in the main image, without frequently switching the k-line display mode, and does not take up screen space.
This indicator allows you to show an outline of a Higher Time Frame (HTF) candle on a Lower Time Frame (LTF) chart. Options include selecting the HTF interval, and an option to either show a single shaded Box for the candle (High to Low), or a shaded box for the body (Open to Close) with the High to Low shown in an unshaded box. The purpose is to easily...
![NDX: Auto Harmonic Pattern - UltimateX [Trendoscope]](https://s3.tradingview.com/b/bcBcIicH_mid.png "Auto Harmonic Pattern - UltimateX [Trendoscope]")
![ETHUSDT: Auto Chart Patterns - Ultimate [Trendoscope]](https://s3.tradingview.com/t/tAYhJBcz_mid.png "Auto Chart Patterns - Ultimate [Trendoscope]")
