TriplePower55%🔴 Bearish Candle (Losing Candle)
🔹 Definition:
A candle that closes below the opening price.
Important condition: the body of the candle must be ≥ 55% of the entire candle's range.
It is automatically colored red on the platform.
🔹 Significance:
Used to identify resistance levels or initiate the Triple Power analysis.
The last valid bearish candle (with a body and that broke a bullish candle) is selected to draw Fibonacci levels.
🔹 How it's handled:
When the price closes above the high of the bearish candle, an upward wave begins.
The indicator draws a blue line at its high and a red line at its low, with the timeframe labeled (e.g., TF: M).
🟢 Bullish Candle (Winning Candle)
🔹 Definition:
A candle that closes above the opening price.
Its body must be ≥ 55% of the total candle's range.
It is automatically colored green on the platform.
🔹 Significance:
Used to identify support levels, or as a reference in extensions or pauses.
The last closed bullish candle is used to draw extension targets if there’s no valid bearish candle.
🔹 How it's handled:
If the price closes below the low of the monthly bullish candle, it signals the start of a strong downward trend.
If the low is not broken, the movement is considered a temporary pause.
The stop level is placed at the low of the last closed bullish candle.
Candlestick analysis
PSP [Zinho`s indicator]The PSP - NQ ES YM indicator tracks the price movements of the NQ, ES, and YM futures to identify correlation and divergence between them.
If a candle closes green in NQ and ES closes red , you want that candle to be highlighted.
PSP candles are used as potential reversal points.
If the PSP is aligned with my trading bias, I utilize this indicator as a confirmation tool before taking a trade.
I hope you enjoy.
RSI MA Crossover + SAR + VOLUME🧠 RSI MA Crossover + SAR + VOLUME — Smart Signal Suite
This script generates precise buy and sell signals based on a combination of:
✅ RSI crossover with its own moving average
✅ Parabolic SAR trend reversals
✅ Optional volume validation (vs average or previous candles)
✅ Optional candle body confirmation
✅ Directional RSI filters with adjustable limits
✅ Smart signal delay to avoid repetition
✅ ✅ Advanced trigger logic: Let SAR reversal act as a signal if RSI crossed recently
All filters and conditions are customizable, giving you full control over signal precision and behavior.
🔧 Ideal for scalpers, swing traders, and strategy testers looking for smart logic and advanced filtering.
Let me know if you'd like a Spanish version as well or a shorter version for socials!
Johnny 65I do this one base on ema 200 ,50 and rsi
The green triangle mean it have big percentage it will go up
Hossa Sweep/liquidityHossa Sweep/Liquidity – How It Works and How to Use It
The Hossa Sweep/Liquidity indicator is designed to detect “sweep” signals across multiple timeframes. A “sweep” occurs when one candle (Candle #2) pushes beyond the previous candle’s high or low (Candle #1) while both candles share the same color (both bullish or both bearish). Additionally, Candle #1 must have a visible wick. This indicator can help traders identify potential turning points or continuation patterns.
1. How It Operates for Traders
Multiple Timeframes: You can select up to five different timeframes (e.g., 5m, 15m, 1H, 4H, 1D). The indicator will check each chosen timeframe to see if a sweep is happening.
Visual Labels: When it detects a valid sweep:
SL (Sweep Long) label appears below a candle if the sweep is bullish.
SS (Sweep Short) label appears above a candle if the sweep is bearish.
Alerts: The script triggers an alert whenever a new sweep signal appears on any of the selected timeframes, so you won’t miss an opportunity.
2. Practical Ways to Use It
Confluence with Other Signals
Combine these sweep signals with your favorite support/resistance zones, moving averages, or volume profiles. For instance, a sweep at a known support zone can hint at a bullish reversal; a sweep at resistance might suggest a bearish reversal.
Confirm Trend Continuations
Watch for bullish sweeps in an existing uptrend or bearish sweeps in a downtrend. A sweep in line with the overall trend can serve as a continuation signal, helping you time pullback entries.
Identify Potential Reversals
Sweeps often appear near market tops/bottoms when price aggressively tests a previous candle’s high or low. In these areas, a sweep followed by strong follow-through can be a clue of a likely turning point.
Manage Risk More Precisely
Since the indicator specifies exact candle highs/lows, you can plan tighter stop-loss levels or be more precise with your targets.
Request to Share My Work
Dear Users,
I kindly ask for your support in sharing my work with your friends and networks. Every like, share, or recommendation is extremely valuable to me and helps reach a wider audience.
I would be immensely grateful for any form of support and engagement! Thanks to your help, I can continue developing this project and bring more ideas to life.
With sincere appreciation,
Scalping Stochastic + EMA + MLMAHow the Indicator Works
Components
Stochastic Oscillator:
Purpose: Identifies momentum reversals.
Logic:
Buy: %K crosses above %D below 20 (oversold).
Sell: %K crosses below %D above 80 (overbought).
Parameters: Length=14, Smooth %K=3, Smooth %D=3.
EMA (Exponential Moving Average):
Purpose: Confirms short-term trend direction.
Logic:
Buy: Price > EMA (bullish).
Sell: Price < EMA (bearish).
Parameter: Length=9.
MLMA (Machine Learning Moving Average):
Purpose: Adapts to recent price changes for momentum confirmation.
Logic:
Buy: Slope > 0 (upward momentum).
Sell: Slope < 0 (downward momentum).
Parameters: Length=5, Weight=0.3.
Signal Generation
Buy Signal: Stochastic buy + Price > EMA + MLMA slope positive.
Sell Signal: Stochastic sell + Price < EMA + MLMA slope negative.
Output
Green triangles below bars with "Buy: " labels.
Red triangles above bars with "Sell: " labels.
Alerts with entry prices.
HOSSA High-Low LevelsHOSSA High-Low Levels – How It Works and How to Use It
The HOSSA High-Low Levels indicator gives you three different ways to plot key price levels on your chart, all based on a higher timeframe candle you select. It can help you spot important support and resistance zones, potential expansion levels, or key reference points (high, low, open, close) to aid in your technical analysis.
1. Modes of Operation
Resistance
In this mode, the indicator measures the range between the previous candle’s high and low (on your chosen higher timeframe).
It then projects multiple lines above and below that range (both “positive” and “negative” expansions).
This allows you to visualize potential resistance/support areas at intervals like +25%, +50%, +100%, -25%, -50%, etc., relative to that candle’s range.
Fibonacci
This mode also takes the candle’s high and low, then applies Fibonacci retracement and extension levels (including negative extensions).
You’ll see levels such as 0.236, 0.382, 0.5, 0.618, 1.272, 1.618, and more plotted on your chart.
These can be useful for identifying potential reversal or continuation zones based on Fibonacci theory.
High-Low-Open-Close
In this simpler mode, the script plots just four lines at the higher timeframe candle’s high, low, open, and close.
This gives you clean reference levels for intraday trading or any lower timeframe analysis.
2. Selecting Your Higher Timeframe
Higher Timeframe Input: The script uses the high, low, open, and close of the candle from the timeframe you choose (default is 240 minutes, i.e., 4 hours).
These reference points form the basis of how the indicator calculates its lines in each mode.
3. How to Use It in Your Analysis
Detect Potential Support/Resistance
In Resistance or Fibonacci mode, look for price reactions around these plotted lines. If price stalls or reverses, those levels may act as support or resistance.
Identify Trade Targets and Stop Areas
Projected lines (especially in Resistance or Fibonacci mode) can serve as logical areas for placing stop-loss or take-profit orders.
Combine with Price Action
If using High-Low-Open-Close, you might watch for breakouts or bounces near the higher timeframe candle’s open/close.
Combining these key levels with candlestick patterns or volume can enhance your conviction for entries or exits.
Multi-Timeframe Context
While your main chart might be on a shorter timeframe (e.g., 15 minutes), the lines from a higher timeframe candle (e.g., 4 hours) add valuable “bigger picture” context to refine your trades.
4. Tips for Best Practice
Experiment with Different Timeframes: If the 4-hour candle levels aren’t aligning well with your style, consider daily or weekly candles to see broader market structure.
Color Coding: The script automatically colors lines based on their significance in each mode (e.g., highs in one color, lows in another). This makes it easier to quickly identify critical price references.
Alert Combinations: Although this script doesn’t directly create alerts, you can combine it with TradingView’s alert system (e.g., “Crossing” a plotted level) to get notified if price tests a key zone.
By using HOSSA High-Low Levels, you’ll have a flexible tool to easily project important price lines on your chart – whether those lines are expansions of a range, Fibonacci retracements and extensions, or simply the previous candle’s high, low, open, and close. This can help you trade more confidently by giving you clear, higher timeframe reference points.
Request to Share My Work
Dear Users,
I kindly ask for your support in sharing my work with your friends and networks. Every like, share, or recommendation is extremely valuable to me and helps reach a wider audience.
I would be immensely grateful for any form of support and engagement! Thanks to your help, I can continue developing this project and bring more ideas to life.
With sincere appreciation,
Instant Engulfing Candle alert from YAVDThis indicator is created for Japanese candlestick charts, it marks bullish and bearish engulfing candles. Bearish engulfing candles change color to blue and bullish engulfing candles change color to yellow. The main difference of this indicator is that you can set a quick alert message that will notify you that the candle has closed engulfing. I created it for myself, maybe it will be useful to someone
Golden Cross & Death Cross Strategy with SL & TPGolden Cross (BUY Signal):
• Enter long when 50 EMA crosses above 200 EMA
• Stop-Loss = 1% below entry price
• Take-Profit = 2x risk (default 1:2 ratio)
✅ Death Cross (SELL Signal):
• Enter short when 50 EMA crosses below 200 EMA
• Stop-Loss = 1% above entry price
• Take-Profit = 2x risk
Opening Range Box with Highs and LowsThis indicator is designed to use the Time-Based Range of the 9 am candle and the 3 pm candle
This indicator can be used as a zone to take a trade when the price closes bullish or bearish
Another secret is that when the lows or highs are swept, you can find an entry in the opposite direction.
DIR Pro (ʘ‿ʘ)ノMomentum System
Detection: Uses ta.barssince() to count consecutive closes above/below EMA25
Threshold: Requires ≥7 consecutive bars (momentum_length)
Output: Directional integer (-1/0/1) + duration count
Intensity Metric
pinescript
Copy
intensity = sum(last 3 bars' distance > historical reference) × 0.5
Comparison Window: Current vs momentum start period (3-bar rolling window)
Scaling: 0.5 points per confirmation (max 1.5)
Score Weighting
Copy
Total = (Base × 70%) + (Momentum × 20%) + (Intensity × 10%)
Base (70%): Long-term EMA25 positioning (144-period exponential decay)
Momentum (20%): Trend persistence confirmation
Intensity (10%): Short-term acceleration strength
Key Fixes Applied
NaN Protection: Added ternary checks (peso_total != 0 ?) in all metric calculations
Position Adjustment:
Horizontal: bar_index + 12 (moved 3cm right)
Vertical: high * 1.015 (moved 3cm up from price)
Metric Visibility: Explicit inclusion of AvgD/Body in Section A
Precision Formatting: #.0 format for 1-decimal consistency
Hossa OTF 4-candles"Hossa OTF 4-candles," overlays mini-representations of the higher timeframe candle on your current chart and displays a countdown timer showing how much time remains until that higher timeframe candle closes. Here’s how it works and how you might use it:
How It Works
Multi-Timeframe Display:
The indicator fetches the open, high, low, and close of a higher timeframe candle based on the timeframe you select (for example, 1H, 4H, 8H, 1D, or 1W). It then draws four mini-candles that update as new higher timeframe candles are formed.
Simple Stopwatch Countdown:
It retrieves the open time of the current higher timeframe candle and calculates its full duration (using the timeframe’s minutes converted to milliseconds). The indicator then subtracts the elapsed time from the total duration to show a countdown (formatted in hours and minutes) that tells you how long until the current candle closes.
How to Use It
Multi-Timeframe Analysis:
Use this indicator to see at a glance the status of the higher timeframe candle while you trade on a lower timeframe. For instance, if you're trading on a 5-minute chart but want to see what the 4-hour candle is doing, this indicator places a mini-representation of that 4-hour candle right on your chart.
Time-Based Entries/Exits:
The countdown helps you prepare for potential shifts in market sentiment as the higher timeframe candle closes. For example, if you notice a pattern or reversal setup on your lower timeframe near the end of the higher timeframe candle, it could signal an opportunity to enter or exit a trade.
Confluence with Other Indicators:
Combine this tool with other technical indicators (like RSI, MACD, or moving averages) to build a strategy. For instance, you might wait for a divergence on the lower timeframe as the higher timeframe candle nears its close, which can serve as an extra signal for a potential reversal or breakout.
Example Strategy
Trend Confirmation:
Suppose the 4-hour candle is trending upward. Use the mini-candles and countdown timer to monitor when the current 4-hour candle is about to close.
Entry Signal:
If you see a bullish divergence on your lower timeframe (say, on a 15-minute chart) near the end of the 4-hour candle (as the countdown nears zero), this could signal that the uptrend might continue, suggesting a potential buy signal.
Exit Signal:
Conversely, if you see bearish price action or a breakdown of support as the candle closes, you might consider exiting long positions or even taking a short trade.
Please Share
If you find this indicator useful for your multi-timeframe analysis and timing-based strategies, please consider sharing it with your fellow traders. Sharing helps improve our community's tools and fosters collaboration among traders!
Wick Sweep EntriesThis 2 Candle Setup is designed by Finweal Finance, This Setup suggests the HFT Setup for Instant entry on 5min candles.
Candle Scale ComparisonCompares the scale of bullish and bearish candles and shows which side is currently dominant. Works in any symbol.
1. Input Parameters:
- LookbackPeriod: Allows you to set how many bars to look back for calculating averages (default: 20)
- showLabels: Toggle to show/hide dominance labels on the chart
2. Calculations:
- Calculates the scale of bullish candles (close - open)
Calculates the scale of bearish candles (open - close)
- Computes moving averages for both scales using the specified lookback period
- Determines which type of candles are dominating based on the averages
3. Visual Elements:
- Plots two lines showing the average scales:
- Green line for bullish candle scales
- Red line for bearish candle scales
- Adds a background color that changes based on dominance:
- Light green when bullish candles dominate
- Light red when bearish candles dominate
- Shows labels above the chart indicating current dominance
- Displays a table in the top-right corner showing:
- The current scale ratio (bullish/bearish)
- The current dominance status
4. Features:
- The indicator is plotted in a separate pane below the main chart
- Uses color coding for easy visual interpretation
- Provides both visual and numerical representation of the dominance
- Updates in real-time as new candles form
RecoveryPLAN - XAUUSD 1DCopyright RecoveryPLAN
This indicator utilizes the probability opportunities of the XAUUSD candlestick habits which are specifically designed for the 1D timeframe and have minimal risk because they use a relatively small stop loss.
sideways market for strangle📌 Description of "Sideways Market for Strangle" Script**
This **Pine Script** is designed to identify a **sideways market**, which is ideal for **option strangle strategies**. The script plots a **green signal** below the price chart when the market is in a low-volatility, non-trending phase.
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🔹 How It Works**
1️⃣ **RSI Condition (Measures Market Momentum)**
- The script uses a **Relative Strength Index (RSI) with a length of 11**.
- If **RSI is between 40 and 60**, the market is neither overbought nor oversold, indicating a range-bound or sideways trend.
2️⃣ **ADX Condition (Checks Trend Strength)**
- The **Average Directional Index (ADX)** is used to measure trend strength.
- If **ADX is below 25**, it confirms a weak trend.
- Additionally, ADX must be **lower than both DI+ and DI-**, ensuring that there’s no strong bullish or bearish momentum.
3️⃣ **Signal Plotting**
- When both conditions are met (RSI between 40-60 and ADX < 25 with ADX < DI+ & DI-), a **green shape appears below the price chart**.
- This signal suggests that the market is in a **sideways phase**, making it suitable for **strangle or non-directional option strategies**.
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🔹 Why Use This for a Strangle Strategy?**
- **Strangles perform best in a sideways market** where implied volatility is low.
- This indicator helps traders avoid **trending markets**, reducing risk.
- **Simple visualization** makes it easy to identify low-movement zones at a glance.
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🔹 How to Use in TradingView**
1. **Add this script** as a custom indicator.
2. **Look for green signals** appearing below candles.
3. When the signal appears, consider setting up a **strangle options strategy**.
4. Avoid trading when the market shows **strong trends** (RSI out of range or ADX above 25).
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🚀 Summary**
✅ **Detects sideways markets for strangle strategies**
✅ **Uses RSI (11) & ADX (14) for confirmation**
✅ **Filters out trending conditions**
✅ **Easy-to-use signal for option traders**
Big 7 NASDAQ – % + SMA Signal (com gradiente)📌 Indicator Description – "Big 7 NASDAQ – % + SMA Signal (with Gradient)"
This indicator displays a dynamic table of the 7 major NASDAQ stocks, providing at-a-glance insights into:
📈 Daily % Change – Calculated from the daily open to the current price, with background color gradient to reflect strength:
Green shades for gains
Red shades for losses
Gray for neutral movement
🟢 SMA Signal – Shows whether the current price is above ("Buy") or below ("Sell") a customizable Simple Moving Average (SMA). Background colors reinforce the signal direction.
✅ Key Features:
Covers Apple, Microsoft, Amazon, Google, Meta, Tesla, Nvidia
Includes percentage change with directional arrows
Clean and minimal design for fast decision-making
Fully customizable SMA period
Optional addition of Nasdaq Index (NQ1!)
Perfect for traders who want a quick market heatmap with actionable SMA-based signals.
Support/Resistance with EMA and MACD SignalsSimple script utilizing bullish and bearish candlestick patterns, EMA crosses, and MACD crosses. Can be utilized over all timeframes. Support/Resistance levels are shown as well.
Shaved Candle IdentifierThis script is different because it actually highlights the candle and is not just an icon. It will identify bars that have no wick. Each color represents a different type of candle.
Shaved candles represent major liquidity zones, and tend to get swept in the future.
Shaved candles are useful for spotting reversals and as price targets.
Green is when open = low
Red is when open = high
Blue is when close = high
Orange is when close = low
There is 0 tolerance for any deviation, if the price is 0.001 off, it will not be identified. Only absolutely shaved candles will be identified.
