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Candlestick analysis

Obscure Institutional Candle PatternsThe "Obscure Institutional Candle Patterns" indicator is a specialized tool designed to identify subtle and unconventional candlestick patterns that may signal institutional activity, liquidity grabs, and sophisticated traps. Unlike common patterns like dojis or engulfing candles, this script focuses on nuanced relationships between price, wicks, and volume that often go unnoticed by the average retail trader. The core idea is that institutional players leave footprints in the market that don't conform to standard textbook patterns. This indicator decodes these footprints, providing traders with potential early warnings or confirmations of significant market moves. Each pattern is plotted with a unique label and color for easy identification, and alerts are available for each signal. Identified Patterns Here is a breakdown of the specific patterns this indicator detects: 1. Liquidity Leech What it is: A candle with an exceptionally long upper or lower wick (more than 3.618 times the body size) that forms on significantly low volume (less than the 20-period average). Interpretation: This pattern suggests a probe into key price levels. A large institution may be "leeching" liquidity by testing for stop-loss orders without committing significant volume. It can be a precursor to a reversal, as it indicates where liquidity rests. Plotted as: A small green triangle (Leech). 2. Echo Rejection What it is: Two consecutive candles that both dip below the midpoint of the previous day's trading range but manage to close above it. Interpretation: The previous day's midpoint acts as a critical support or resistance level. A single rejection is significant, but a second consecutive rejection—an "echo"—powerfully reinforces the level's strength. This pattern suggests a robust defense of a price level by buyers and can signal the start of a bullish move. Plotted as: A small orange triangle (Echo). 3. Bleeding Wick Trap What it is: A series of three consecutive candles, each with a very long lower wick (more than 6.618 times its body size), culminating in a bullish close on the third candle. Interpretation: This pattern illustrates a sustained battle where sellers repeatedly try to push the price down, but buyers aggressively step in, creating long "bleeding" wicks. The final bullish close suggests the sellers have been exhausted or "trapped," and the buyers have won control, indicating strong accumulation. Plotted as: A small blue triangle (WickTrap). 4. Time-Shifted Shadow Box What it is: A bullish reversal candle that occurs after the price retraces into the middle of a bullish candle from two periods ago. This reversal must be accompanied by a massive surge in volume (at least 5 times the 20-period average). Interpretation: This complex pattern identifies when the market returns to a "shadow" of a previous key level (the midpoint of the candle from two bars back). The aggressive, high-volume reversal from this time-shifted level suggests a powerful institution has stepped in to reverse the short-term retracement with conviction. Plotted as: A fuchsia label (TS Box). 5. False Containment Body What it is: A candle that looks like a bullish Harami (body is contained within the prior candle's body) but with two key differences: its entire range (high and low) is also contained, and its body is exceptionally tiny (less than 1/18th the size of the prior candle's body). Interpretation: While a standard Harami signals indecision or a potential reversal, this pattern suggests a "false" signal designed to deceive. The extremely low volatility and tight range indicate a temporary pause or consolidation with hidden intent, often before a powerful continuation of the previous trend. It traps traders who misinterpret it as a simple reversal signal. Plotted as: A yellow label (False). How to Use Confirmation Tool: Use these signals as a confirmation layer alongside your existing trading strategy. They are not meant to be standalone entry signals. Context is Key: The effectiveness of these patterns increases significantly when they appear near key support/resistance levels, supply/demand zones, or major moving averages. Alerts: Enable alerts to be notified in real-time when one of these obscure patterns forms, allowing you to pay closer attention to the price action that follows.
Pine Script® indicator
by Cmo22
First FVG📘 Indicator Description (English) First FVG – NY Open is a TradingView indicator designed to automatically identify the first Fair Value Gap (FVG) that appears during the New York session, following the ICT (Inner Circle Trader) methodology. It highlights institutional inefficiencies in price caused by imbalanced price action and helps traders spot high-probability entry zones, especially after the 9:30 AM EST (New York Open). ⚙️ How It Works Session time: The indicator scans for FVGs starting at 9:32 AM (allowing 3 candles after the NY Open to form). FVG Conditions: Bullish FVG: When the high of 2 candles ago is lower than the low of the current candle and the middle candle is bullish. Bearish FVG: When the low of 2 candles ago is higher than the high of the current candle and the middle candle is bearish. Only the first FVG per session is drawn, as taught by ICT for setups like Judas Swing or NY Reversal models. A colored box is drawn to represent the FVG zone. A dotted horizontal line (CE) is drawn at the midpoint of the FVG box (Consequent Encroachment), a key level watched by smart money traders. A dashed vertical line is drawn at 9:30 NY time to mark the open. 🧠 How to Use It Wait for the NY Open (9:30 AM EST) – the indicator becomes active at 9:32 AM. Watch for the first FVG box of the day. This is often a high-probability reaction zone. Use the CE line (center of the FVG) as a reference for entries, rejections, or liquidity grabs. Combine with market structure, PD Arrays, and liquidity concepts as taught by ICT for confluence. The FVG box and CE line will extend forward for several candles for visual clarity. 🎛️ Customizable Settings Session time (default: 09:32–16:00 NY) FVG box color (up/down) Text color Max number of days to keep boxes on chart Option to show or hide the 9:30 NY Open vertical line
Pine Script® indicator
by EduWarlock
ParthFintech SMART-MOVE IndicatorThe ParthFintech SMART-MOVE Indicator.V1.0 is a precision-engineered tool developed by Parth Fintech to help traders identify high-probability trend-based entries and exits using a clean confluence of institutional-grade indicators. Whether you're a beginner or an experienced trader, this indicator provides clarity in trend direction and momentum shifts, enhancing both confidence and consistency in your trades. 📊How It Works - The SMART-MOVE Indicator combines: - A dynamic trend filter to identify bullish and bearish market bias. - A powerful momentum indicator to detect price reversals and trailing stop conditions. - Heikin Ashi or Candlestick Candles: Use either chart type to visualize trend continuation and exhaustion. 🟢 BUY & 🔴 SELL Signal Visualization 🟢 BUY Signal: Displayed as a green rectangle beneath the candle with “BUY” written in white. Triggered when a bullish candlestick closes above the EMA and the Pdot appears below the candle. 🔴 SELL Signal: Displayed as a red rectangle above the candle with “SELL” written in white. Triggered when a bearish candle closes below EMA and the Trend indicator appears above the candle. Trade Exit Level 🔺 A red triangle marks the suggested exit for BUY trades. 🔻 A green triangle marks the suggested exit for SELL trades. This confluence-based approach filters out noise and helps avoid false signals during sideways or volatile market conditions. --- ⚙ Best Use Guidelines Recommended for: 15m, 1H, and 4H timeframes - Chart Type: Traditional Candlesticks - Combine with the ParthFintech SMART Indicator for enhanced levels of; Support and Resistance Zones, Order Blocks (OB), Fair Value Gaps (FVGs) This multi-indicator confluence strengthens your trade decisions with Smart Money insight. --- 🛡 Why Choose SMART-MOVE - Built with discipline and precision in mind - Designed for traders who value quality over quantity - Easy-to-read signals with built-in trade management prompts - Developed by professionals with over a decade of trading experience --- 📧 For access and queries contact: support@parth-fintech.com or www.parth-fintech.com
Pine Script® indicator
by ParthFintech
Quantum EdgeXQuantum EdgeX Author: Mr. Chetaan V. Khairmode The Quantum EdgeX This indicator is designed to help traders to observe and interpret possible trend reversal conditions to the downside. It generates visual cues such as red arrows on the chart to highlight moments where price and RSI behavior align with specific logic criteria. The tool adapts across various timeframes and instruments. This tool is intended to complement a trader’s analysis - not replace it. The logic blends price movement with RSI-based conditions to highlight potential momentum shifts. Background highlighting is used to visually mark qualifying bars. A red arrow appears when price confirms weakness during a specific RSI condition. The script is protected to maintain the originality of its logic and prevent unauthorized redistribution.
Pine Script® indicator
by chetankhairmode
1
ParthFintech SMART Indicator V1.0A powerful, all-in-one SMART indicator designed to identify high-probability trade setups across any timeframe. By combining break-of-structure entries with multi-timeframe trend confirmation, dynamic support & resistance, Order Block (OB) and Fair Value Gaps (FVG ) Detection, it automatically plots your entry, stop loss, and three tiered take-profit levels—and even marks them with arrows and labels so you can act at a glance. --- A. 🔑 Key Features 1. Break of Structure (BOS) based entries: Detects fresh bullish or bearish structure breaks for precise timing. 2. Multi-Timeframe Trend Filter: Confirms 4 hour and Daily trend alignment via crossovers to avoid counter-trend signals. 3. Dynamic Support & Resistance Zones: Automatically captures the most recent swing highs/lows as S/R levels in the chart. 4. Multiple confluence Detection: Marks recent bullish/bearish order blocks with tiny colored squares. 5. Fair Value Gap (FVG) Zones: Highlights potential liquidity imbalance areas where price often returns. 6. Automated Risk/Reward Levels: - Entry at the BOS candle high/low - Stop Loss at the most recent swing low (for longs) or swing high (for shorts) - TP1, TP2, TP3 calculated as configurable RR multiples (default 1.5×, 2×, 3×) B. Visual Cues: - Green arrow below the bar for long entries - Red arrow above the bar for short entries - Labels “ENTRY”, “SL”, “TP1”, “TP2”, “TP3” plotted at their respective price levels - Alert-Ready: Built-in alert conditions for Entry, all three TPs and SL hits—perfect for pop-ups, emails, or webhooks (Telegram integration). C. ⚙️ Inputs & Customization Input Default Description - TP1 RR 1.5 First take-profit as a multiple of risk - TP2 RR 2.0 Second take-profit multiple - TP3 RR 3.0 Third take-profit multiple - Lookback S/R 20 Bars to use when calculating swing highs/lows - Arrow Offset (pips) 10 Vertical offset for the entry arrows - HTF 1 240 Higher timeframe #1 (4 hour) - HTF 2 D Higher timeframe #2 (Daily) - Customize RR targets, lookback period, arrow offset, or HF trend timeframes to match your trading style. --- D. 🎯 How It Works 1. Trend Check – Uses trend analysis on 4H & Daily to ensure you trade with the dominant market direction. 2. Structure Break – Alerts when price closes beyond the most recent swing high (bullish) or low (bearish). 3. Zone Confirmation – Plots S/R, OB, and FVG zones to help you visualize confluence. 4. Level Calculation – Automatically computes entry, stop, and three target levels based on your RR settings. 5. Visual Signals & Alerts – Draws arrows/labels on the chart and triggers alerts so you never miss a setup. --- E. 🚀 Getting Started 1. Open Indicators menu on TradingView and search for ParthFintech SMART Indicator.v1.0 2. Click Add to Chart and tweak input settings to your preference. 3. Create alerts on “Buy Signal”, “Sell Signal”, “TP1 Hit”, “SL Hit”, etc., choosing popup, email, or webhook delivery. Contact: support@parth-fintech.com or visit parth-fintech.com for any queries. ----- > Disclaimer: This indicator is provided for personal use and should be tested thoroughly in a demo environment before deploying with real capital. Always manage your risk appropriately.
Pine Script® indicator
by ParthFintech
Sentinela Sentinela is a technical indicator built to precisely detect buy and sell opportunities based on overbought/oversold signals within well-defined trends. 🔍 **Features:** - Buy (🟢) and sell (🔴) signals with clean visual arrows. - Optional display of stop and 2× reward target levels. - Works on all timeframes and assets (crypto, stocks, indices). - Auto-alert ready for bots and automation. ⚙️ **How to use:** - Enter trades based on arrows and manage risk using the plotted levels. - Combine with support/resistance zones or volume for added confluence. 🎯 **Benefits:** - No user configuration required. - Internal logic fully protected from reverse-engineering. - Clean and efficient for scalping, swing trading, or longer holds.
Pine Script® indicator
by yuricabral20
BskLAB - Price Target 🔰 BskLAB – Price Target | Enhanced Extension Zone Mapping Tool BskLAB – Price Target is an advanced structural tool developed by BskLAB to automatically plot Fibonacci extension zones based on key price structure shifts (BoS and CHoCH). It uses a custom midpoint-based projection logic — saving you time and increasing precision, without needing manual drawing. 🧠 How It Works (Step-by-Step Logic) 1️⃣ Automatically detects structural shifts (BoS / CHoCH) The indicator continuously scans for Break of Structure (BoS) and Change of Character (CHoCH) patterns in price action. 2️⃣ Finds the nearest swing high & swing low Once a structure is detected, it identifies the closest swing high and swing low surrounding the shift. 3️⃣ Calculates the midpoint (50%) between swing points Instead of drawing from high to low manually, it uses the midpoint as an anchor — a custom method by BskLAB. 4️⃣ Projects Fibonacci extension from the midpoint in breakout direction Fibonacci levels such as 1.2, 1.7, 2.8, 3.5 are automatically drawn based on the direction of BoS or CHoCH. 5️⃣ Draws high-probability target zones These zones can act as potential take-profit areas, supply/demand zones, or reversal/exhaustion regions. 6️⃣ Optional price labels & filter settings Traders can toggle labels and choose to display only BoS or CHoCH — keeping the chart clean and focused. 🎯 How to Trade with BskLAB – Price Target Once the Fibonacci extension zones are drawn, follow this structured trading approach: ✅ 1. Wait for Price to Enter a Target Zone Let the price approach or enter one of the extension zones (e.g., 1.7, 2.8). These zones act as key reaction levels. ✅ 2. Look for Signal Confirmation Use supporting tools from the BskLAB suite to confirm potential trades: BskLAB – Signals Assistant Detects entry signals based on price structure, reversal patterns, and trend conditions. BskLAB – Money Flow X Confirms the strength of a setup by analyzing volume momentum, money flow pressure, and divergence. ✅ 3. Entry Logic (Example Scenarios) For Short Setup (Bearish Zone): Price enters a Fibo extension zone above structure (e.g., 2.8) Signal Assistant prints a Sell (S) signal Money Flow X shows selling pressure (red bars or overbought rejection) → Enter Short with defined SL/TP based on structure For Long Setup (Bullish Zone): Price dips into a lower Fibo zone (e.g., 1.2 or 1.7) Signal Assistant prints a Buy (B) signal Money Flow X confirms buying pressure (green momentum or bullish divergence) → Enter Long when confirmed ✅ 4. Set Stop-Loss and Take-Profit Stop-Loss: Just beyond the Fibo zone (1–2 levels outside) Take-Profit: Next structure zone or reversal level — can be auto-identified via BskLAB tools 📌 Best Combination Setup 🧠 BskLAB – Price Target: Defines the zone ⚡ BskLAB – Signal Assistant: Triggers the signal 📊 BskLAB – Money Flow X: Confirms volume strength Using these together forms a 3-layer validation system that increases probability and filters out weak setups. ⚙️ Core Features Recap ✅ Automatic BoS & CHoCH detection ✅ Midpoint-based Fibonacci projection logic ✅ Toggleable labels and structural filters ✅ Works seamlessly with BskLAB indicator suite ✅ Clean & adjustable chart display 🔎 Summary BskLAB – Price Target is more than just a Fibonacci tool — it’s a smart, structure-based system to identify where price is likely to react. When combined with signal and volume confirmation tools, it becomes a powerful part of any trader’s workflow. 🔗 Best Used With: 📌 BskLAB – Signal Assistant → For precise entry confirmation 📌 BskLAB – Money Flow X → For volume/momentum validation Together, these form a 3-Layer Confirmation System: Zone ➜ Signal ➜ Volume 📍 RISK DISCLAIMER Trading involves significant risk and is not suitable for everyone. All tools, scripts, and educational materials provided by BSKLab are for informational and educational purposes only. We do not offer financial advice. Past performance does not guarantee future results. Always trade responsibly. 📍 CONCLUSION At BSKLab, we believe consistent trading success doesn’t come from indicators alone — it comes from the trader’s ability to apply tools with context, discipline, and awareness. Indicators are only as powerful as the hands that use them. The BSKLab Signal System isn’t designed to provide “magic signals,” but to empower traders with an adaptive, structured, and intelligent approach to identifying real opportunities while filtering out the noise. Whether you’re a beginner or an experienced trader, our tools are designed to support real-world decisions — not just theory. ➡️ Request access below to join the BSKLab system and unlock the full suite of smart trading tools.
Pine Script® indicator
by Bsklabfx
َUSDJPY - 3min - One Trade Per Day - LA timezone📌 USDJPY - 3min - One Trade Per Day - LA TimeZone **🔵 High-Confidence Strategy with Over 75% Win Rate** A minimalistic and consistent breakout trading system designed around the **Los Angeles market open**. This strategy provides one highly filtered trade signal per day, helping you avoid noise and overtrading. --- ## ✅ Key Benefits - 🔁 Only **one trade per day** – clean and focused approach - ⏱ Optimized for **3-minute, 5-minute, and 15-minute** charts - 🎯 Default **Take-Profit / Stop-Loss: 0.35%** (fully customizable) - 🌎 Works on charts set to **Los Angeles timezone** - 🧘 Ideal for **calm, structured, and part-time trading routines** - 💼 Designed especially for **USDJPY** but may be applied to other high-volume FX pairs --- ## ⚙️ Settings Overview - Opening Session Start Time (in LA time) - Opening Range Duration (in minutes) - Take-Profit and Stop-Loss percentages - Force Close Time - Trade Direction (Buy Only / Sell Only / Both) --- ## 💡 Who Is It For? - Traders looking to simplify their day - Those seeking **low-risk, steady profits** - Anyone tired of chasing every move in the market - FX traders who prefer **precision over frequency** --- > 📌 **Note:** To ensure correct performance, set your TradingView chart’s timezone to **Los Angeles**. --- ### 🔵 Simple. Calm. Reliable.
Pine Script® strategy
by US-DAILYTRADE
Optimized NQ ORB Strategy (Fixed)🧠 Strategy Description Optimized NASDAQ Futures Opening Range Breakout (ORB) Strategy This script implements a dynamic and risk-aware Opening Range Breakout (ORB) strategy tailored for trading NASDAQ futures (NQ) during the regular U.S. market session. ⚙️ Core Logic: ORB Definition: The opening range is defined from 9:30 AM to a user-defined time window (default: 15 minutes). Breakout Triggers: Long: Triggered when price closes above ORB high and VWAP in an uptrend. Short: Triggered when price closes below ORB low and VWAP (optional, disabled by default). Trend Filter: Long entries must align with a 50-period SMA uptrend. Volatility Filter: Trades are allowed only when ATR exceeds a minimum threshold. ORB Range Filter: Prevents trades on low-range, choppy days by skipping narrow ORBs. VWAP Confirmation: Ensures trades align with real-time market sentiment. 💼 Risk Management: ATR-based Stop Loss & Take Profit: Stops and targets are dynamically calculated using a multiple of ATR. Daily Profit Target: Automatically closes all positions when the profit target is reached. Breakeven Protection: After price moves 1x ATR in your favor, stops are moved to breakeven. Time-Based Exit: All positions are flattened at 2:45 PM to avoid end-of-day volatility. Max Position Size: Contracts are calculated based on a fixed risk percentage per trade, capped by a max contracts limit. 📊 Customizable Inputs: ORB window duration Max contracts Risk per trade ATR multiplier Minimum volatility (ATR) required Minimum ORB range in points Enable/disable short trades Daily profit target One-trade-per-direction filter 🧪 Ideal Usage Best used on 1-min or 5-min NASDAQ futures charts (NQ1! or MNQ1!) with extended hours disabled, to match NYSE trading session data. Forward test over 3–6 months of data for optimal results. 📌 Disclaimer This script is for educational and research purposes only. It does not constitute financial advice. Past performance is not indicative of future results. Always test thoroughly before using real capital.
Pine Script® strategy
by ericoj13
1
Daily MAs IntradayThis script overlays up to 6 customizable daily moving averages on any intraday chart. It’s designed for traders who want to see higher-timeframe trend levels while operating on lower timeframes (e.g., 5m, 15m, 1h). Each line is calculated from daily candle data and projected forward into your intraday chart. This makes it ideal for intraday traders who rely on daily MA levels for trend confirmation, support/resistance, or bounce setups.
Pine Script® indicator
by magneticz
1
Jump Price）This indicator plots visual arrow signals based on specific opening breakout conditions. 🟢 A green upward arrow appears above the bar when: The current bar’s opening price is greater than the previous bar’s close +10 points, and The current bar’s open is also higher than the previous bar’s open 🔴 A red downward arrow appears below the bar when: The current bar’s opening price is lower than the previous bar’s close −10 points, and The current bar’s open is also lower than the previous bar’s open These conditions are designed to detect strong opening gaps that suggest potential breakout moves. The indicator is non-repainting and suitable for use in manual signal tracking or alert setup. Best used on: Higher timeframes (e.g., 1H, 4H, Daily) Indexes, futures, or assets with noticeable price gaps
Pine Script® indicator
by Ian_C8
NORRIS 3MA Crossover StrategyThis script is a version of my trading strategy. I use this primarily on the 30m timeframe. It can also be used on smaller timeframes. On the 30 timeframe attempt a directional alert maximum of 3 times. I.E, when you get a sell signal and the market pulls back and take out trade. Re-enter based on sigal maximum of 3 time then stop trading for that particular day and await another signal. On average you will get 1 signal per day but patience is the key to success.
Pine Script® strategy
by SUPREMACYTRADING
F2D Highlighter + FTFC + Volume Spike + Dashboard🧪 Why F2D Works It traps short sellers who expect a breakdown When it reclaims prior ranges, buyers flood back in Paired with timeframe continuity (green on higher timeframes), it increases the edge 💸 F2D in Options Trading Ideal for Calls when: You're near a key level (VWAP, support, inside week/day) Volume surges on reclaim You catch a 2D that flips into a 2U (strong reversal) 🔧 Strike selection: ATM or 1–2 strikes OTM ⏰ Expiration: Same day or next day (if late in the day) 💥 Targets: 30–50% profit, then trail or scale out
Pine Script® indicator
by rolldiceorlearn
1
NTL SCALP v2 with TP & SL (Absolute)NTL SCALP v2 with TP & SL (Absolute) – Scalping Trend System Timeframe Example: 15-minute (XAUUSD) Indicator Type: Combined trend-following and momentum-based scalping system 🔍 Purpose of This Indicator This script is designed as a unified tool for intraday scalpers, combining multiple essential components—trend detection, entry signal logic, and automated risk management—into one streamlined system. Rather than simply merging various indicators, it integrates them with a clear purpose: to generate trade setups with actionable entries and realistic TP/SL targets in trending markets. 📌 Core Components & How They Work Together Multi-Ribbon EMA Trend Filter Multiple Exponential Moving Averages (EMAs) are used to detect short-, medium-, and long-term trends. The EMA ribbons visually shift from red (bearish) to green (bullish) depending on the overall price structure. These ribbons not only indicate trend direction but also serve as dynamic support/resistance levels. Momentum-Based Entry Signals Buy and sell signals are triggered when price momentum aligns with the trend (e.g., bullish breakout above EMAs with supporting candle structure). The system ensures that trades are only taken in the direction of the prevailing trend, reducing the likelihood of false signals. Auto-Generated Entry, TP & SL Levels Once a valid setup is detected, the script plots the entry price, stop-loss (SL), and up to four take-profit (TP1–TP4) targets. These levels are based on recent volatility and trend strength, allowing traders to manage risk and reward efficiently. Labels such as “TP1 HIT” or “SL HIT” are displayed on the chart to show trade progress in real-time. ✅ How to Use This Indicator Designed for scalping and short-term trend trading during high-volume market sessions (e.g., London/New York). Ideal for traders who prefer clear rules for entry, exit, and risk management. Can be used standalone, but works even better with confirmation from price action or volume-based tools. 🛑 Note To ensure effective performance, avoid using this tool in ranging or low-volatility markets. It is optimized for trending environments. ⚠️ Disclaimer This script is intended for educational purposes and does not constitute financial advice. Always conduct your own analysis and apply risk management when trading.
Pine Script® indicator
by tugsit
Smart Trade Strategy JSON [Y.A.S.]Smart Trade Strategy JSON is professional trading indicator with fine-tuned settings that accurately identifies trend direction and generates clear entry and exit signals. The indicator combines multiple price analysis algorithms, including adaptive noise filtering, market phase recognition, and dynamic trend strength assessment. Key Features: ✅ Precise Trend Detection – The algorithm minimizes false signals by filtering out market noise. ✅ Flexible Customization – Adjust sensitivity for different timeframes and volatility conditions. ✅ Automatic Stop-Loss & Take-Profit – Built-in system for optimal risk management. ✅ Real-Time Alerts – Arrows and color-coded signals for quick decision-making. ✅ Multi-Timeframe Analysis – Assess higher timeframe trends without switching charts. How Does the Strategy Work? Buy Signal: Candles turn green, and an up arrow appears when an uptrend is confirmed. Sell Signal: Candles turn red, and a down arrow appears in a downtrend. Stop-Loss is placed beyond the last swing low/high or based on ATR. Take-Profit is calculated using a customizable risk/reward ratio. Which Markets Does It Support? 📊 Forex (EURUSD, GBPUSD, Gold, Oil, etc.) 📈 Stocks & Indices (SP500, NASDAQ, etc.) ⚡ Cryptocurrencies (BTC, ETH, Altcoins) Advantage: Reduces trading subjectivity, provides clear entry/exit rules, and adapts to any market condition. Recommended Settings: For Intraday Trading (M5-M30): Sensitivity – High, Volatility Filter – Enabled. For Swing Trading (H1-D1): Sensitivity – Medium, ATR Stop Multiplier – 2.0-3.0. Example Usage: ! Ready to Trade with Maximum Precision? 🚀 TrendMaster Precision – Your reliable guide in the trading world!
Pine Script® strategy
by kryptex777gold