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Candlestick analysis

Price Flip StrategyPrice Flip Strategy with User-Defined Ticker Max/Max This strategy leverages an inverted price calculation based on user-defined maximum and minimum price levels over customizable lookback periods. It generates buy and sell signals by comparing the previous bar's original price to the inverted price, within a specified date range. The script plots key metrics, including ticker max/min, original and inverted prices, moving averages, and HLCC4 averages, with customizable visibility toggles and labels for easy analysis. Key Features: Customizable Inputs: Set lookback periods for ticker max/min, moving average length, and date range for signal generation. Inverted Price Logic: Calculates an inverted price using ticker max/min to identify trading opportunities. Flexible Visualization: Toggle visibility for plots (e.g., ticker max/min, prices, moving averages, HLCC4 averages) and last-bar labels with user-defined colors and sizes. Trading Signals: Generates buy signals when the previous original price exceeds the inverted price, and sell signals when it falls below, with alerts for real-time notifications. Labeling: Displays values on the last bar for all plotted metrics, aiding in quick reference. How to Use: Add to Chart: Apply the script to a TradingView chart via the Pine Editor. Configure Settings: Date Range: Set the start and end dates to define the active trading period. Ticker Levels: Adjust the lookback periods for calculating ticker max and min (e.g., 100 bars for max, 100 for min). Moving Averages: Set the length for exponential moving averages (default: 20 bars). Plots and Labels: Enable/disable specific plots (e.g., Inverted Price, Original HLCC4) and customize label colors/sizes for clarity. Interpret Signals: Buy Signal: Triggered when the previous close price is above the inverted price; marked with an upward label. Sell Signal: Triggered when the previous close price is below the inverted price; marked with a downward label. Set Alerts: Use the built-in alert conditions to receive notifications for buy/sell signals. Analyze Plots: Review plotted lines (e.g., ticker max/min, HLCC4 averages) and last-bar labels to assess price behavior. Tips: Use in trending markets by enabling ticker max for uptrends or ticker min for downtrends, as indicated in tooltips. Adjust the label offset to prevent overlapping text on the last bar. Test the strategy on a demo account to optimize lookback periods and moving average settings for your asset. Disclaimer: This script is for educational purposes and should be tested thoroughly before use in live trading. Past performance is not indicative of future results.
Pine Script® strategy
by Dshergill
Returns & Distance from ATHHere’s what that Pine Script does, in everyday terms: 1. **Look back in time** - It grabs the closing price from **3 months ago** and **1 month ago** by asking TradingView’s “monthly” data for the symbol. 2. **Calculate percentage changes** - **3-month return** = (today’s close – close 3 months ago) ÷ (close 3 months ago) × 100 - **1-month return** = (today’s close – close 1 month ago) ÷ (close 1 month ago) × 100 3. **Track the highest price ever seen (ATH)** - It keeps a running “all-time high” variable, updating it any time today’s high exceeds the previous ATH. 4. **Compute how far you are below ATH** - **% from ATH** = (ATH – today’s close) ÷ ATH × 100 5. **Build a little stats table on your chart** - It makes a 2-row by 3-column box in the **top-center** of your price panel. - The **first row** has labels: “3M % Return”, “1M % Return”, “% from ATH”. - The **second row** shows the three computed numbers, each formatted to two decimal places and suffixed with “%.” 6. **Refresh only once per bar** - All of these values and the table get updated **at the close** of each bar, so your table always shows the latest stats without cluttering the chart with extra drawings. In short, this indicator quietly collects the right historical prices, does three simple percent-change math steps, and then displays those three key numbers in a neat, always-visible box at the top of your TradingView chart.
Pine Script® indicator
by trading_kris
EMA + RSI + MACD (초보자용)📋 Indicator Description: This beginner-friendly indicator combines three powerful tools to clearly identify trends and market conditions: Features: EMA (20, 50, 200): Quickly identify market trends (short-term, medium-term, and long-term trends clearly indicated). RSI (14): Easily spot overbought (>70) or oversold (<30) market conditions, helping you make informed trading decisions. MACD: Visualize momentum changes intuitively. Green background indicates bullish momentum; red background indicates bearish momentum. How to use: Trend Confirmation: Check price relative to EMA lines: Above EMA: Bullish trend Below EMA: Bearish trend Market Conditions (RSI): RSI above 70 (overbought) → possible reversal down RSI below 30 (oversold) → possible reversal up Momentum (MACD): MACD crossover (green) → bullish momentum MACD crossover (red) → bearish momentum Referral Event: Use the indicator for free and participate in our referral event to receive additional benefits: 👉 Referral Link: www.bybit.com
Pine Script® indicator
by Daechi_kid
1
Session Times + Strenght M7This Script Aims to Define Session Times, and Rank those. It can help to adjust your Strategy to Higher Volatility, if you choose to use the Session Volatility and Strenght Index from 1-10. Your timezone on Trading View should be NY. You can customize the Following in Settings: Weight of Volatility & Narrative Regarding the ranking + Transparency of the Lines. SP:SPX FX:EURUSD OANDA:EURUSD CAPITALCOM:USDJPY AMEX:SPY NASDAQ:QQQ TVC:DXY CAPITALCOM:USDJPY CME_MINI:NQ1! OANDA:XAUUSD FX:GBPUSD
Pine Script® indicator
by Venq_r1
Estrategia Martillo / Estrella Fugaz by RouroThis strategy is based on the detection of reversal candlesticks: Hammer in bearish zones Shooting Star in bullish zones Both candles indicate a possible change in trend, but you don't enter directly. Instead, this strategy awaits confirmation through a breakout of the high or low of the pattern candlestick. 📌 Entry Conditions: Hammer → LONG Entry if the next candle breaks the hammer candle's high. Shooting Star → SHORT Entry if the next candle breaks the low of the star candle. Optionally, a time filter can be activated (e.g. operate only from 08:00 to 14:00 UTC). 🎯 Dynamic TP and SL: The Stop Loss is placed at the end of the pattern (low or high) or, if desired, on a configurable previous candle. Take Profit is automatically calculated with a configurable Risk/Reward (RR) ratio (default 2:1). 👁️ 🗨️ Visually includes: Arrows marking confirmed entries. Colored border on the candles that meet the pattern. Visual shadow in the active time range. Statistics panel showing: Backtest Start Date Number of Winning/Losing Trades Maximum Streaks Success rate RR ratio used ⚙️ Configurable parameters: Minimum wick/body ratio to define patterns Choice between using SL in pattern or X candles back Ratio RR Operating hours with UTC offset Show or hide TP/SL on the chart 📌 Ideal for: Intraday and swing traders trading in reversal zones Assets such as indices, gold, crude oil, forex, and cryptos Traders who prefer confirmation before entering ✨ Author: Rouro Do you like strategy? Don't forget to leave a like and follow me for more ideas like this! 📩 For suggestions, improvements or collaborations: leave your comment 👇
Pine Script® strategy
by rouro33
1
Micro Gaps DetectorSimple Micro Gap Indicator: A Technical Analysis Tool The Simple Micro Gap Indicator is a specialized momentum indicator designed to identify and analyze micro gaps between consecutive candlesticks in financial charts. Unlike traditional gap analysis that focuses on larger price gaps, this indicator specifically targets smaller, less noticeable spaces between candles. Key Features: Detects minimal price disparities between consecutive candlesticks Helps identify potential short-term momentum shifts Useful for high-frequency trading and scalping strategies Functions as a momentum indicator for short-term price movements
Pine Script® indicator
by H-A_T
High ATRHigh-ATR is an indicator that visualizes volatility using the Average True Range (ATR). It highlights periods of elevated volatility by comparing the ATR to its moving average. When the ATR exceeds its moving average, it is considered "Overthreshold" and is displayed in red. This helps identify candles with significant volatility. Note: ATR does not indicate market direction, only the magnitude (width) of the trading range. Default Settings: Long length: 50 (used for the ATR moving average) Short length: 1 (used for the current ATR) Multiplier: 2 These values can be adjusted depending on your trading style, but this is the default configuration.
Pine Script® indicator
by NickSeversG
SMC Entry Signals MTF v2📘 User Guide for the SMC Entry Signals MTF v2 Indicator 🎯 Purpose of the Indicator This indicator is designed to identify reversal entry points based on Smart Money Concepts (SMC) and candlestick confirmation. It’s especially useful for traders who use: Imbalance zones, order blocks, breaker blocks Liquidity grabs Multi-timeframe confirmation (MTF) 📈 How to Use the Signals on the Chart ✅ LONG Signal (green triangle below the candle): Conditions: Price is in a discount zone (below the FIB 50% level) A bullish engulfing candle appears A bullish Order Block (OB) or Breaker Block is detected There’s an upward imbalance A bullish OB is confirmed on the higher timeframe ➡️ How to act: Consider entering long on the current or next candle. Place your stop-loss below the OB or the nearest swing low. Take profit at the nearest liquidity zone or premium area (above FIB 50%). 🔻 SHORT Signal (red triangle above the candle): Conditions: Price is in a premium zone (above FIB 50%) A bearish engulfing candle appears A bearish OB or Breaker Block is detected There’s a downward imbalance A bearish OB is confirmed on the higher timeframe ➡️ How to act: Consider short entry after the signal. Place your stop-loss above the OB or swing high. Target the discount zone or the next liquidity pocket. ⚙️ Recommended Settings by Trading Style Trading Style Suggested Settings Notes Intraday (1–15m) fibLookback = 20–50, obLookback = 5–10, htf_tf = 1H/4H Fast signals. Use Discount/Premium + Engulfing. Swing/Position (1H–1D) fibLookback = 50–100, obLookback = 10–20, htf_tf = 1D/1W Higher trust in MTF confirmation. Ideal with fundamentals. Scalping (1m) fibLookback = 10–20, obLookback = 3–5, htf_tf = 15m/1H Remove Breaker and MTF for quick reaction trades. 🧠 Best Practices for Traders Trend Filtering: Use EMAs or volume to confirm the current trend. Take longs only in uptrends, shorts in downtrends. Liquidity Zones: Use this indicator after liquidity grabs. OBs and Breakers often appear right after stop hunts. Combine with Manual Zones: This works best when paired with manually drawn OBs and key levels. Backtest the Signals: Use Bar Replay mode on TradingView to test past signals. 🧪 Example Trade Setup Example on BTCUSDT 15m: Price drops into the discount zone. A green triangle appears (bullish engulfing + OB + imbalance + HTF OB). You enter long, stop below the OB, target the premium zone. 🎯 This type of setup often gives a risk/reward ratio of 1:2 or better — profitable even with a 40% win rate. ⏰ Alerts & Automation Enable alerts: "SMC Long Entry" — fires when a long signal appears. "SMC Short Entry" — fires when a short signal appears. You can integrate this with bots via webhook, like: TradingConnector, 3Commas, Alertatron, etc. ✅ What This Indicator Gives You High-probability entries using SMC logic Customizable filters for entry logic Multi-timeframe confirmation for stronger setups Suitable for both intraday and swing trading
Pine Script® indicator
by bauer_reg77