Get started

Candlestick analysis

Ma stratégieAlphaTrader – Sunjoku Strategy Overview: AlphaTrader – Sunjoku Strategy is a precision intraday trading tool combining three core processes of the Sunjoku method with advanced institutional logic. Built for scalpers and intraday trend followers, it identifies high-probability entries using Initial Balance breakouts, VWAP bands, order blocks (H1 & H4 only), and volume-driven impulses. Core Features: ✅ Sunjoku 3-Process Logic: Process 1: Institutional Impulse Recognition Process 2: Structure Retest after EMA Shift Process 3: Reversal from Extreme Deviation Zones (VWAP) ✅ Initial Balance Detection & Breakout Filtering (05:00–06:00 UTC) ✅ VWAP Daily & Weekly Bands with Up to 3 Standard Deviations ✅ Order Blocks (H1 & H4 Only) with Auto Buy/Sell Signal Zones ✅ High-Volume Filter + EMA Flux Alignment ✅ Clean Dashboard for Live Conditions ✅ Visual Entry Points + Alerts ✅ Optimized for M15 precision entries Best Timeframe: M15 (Main execution) H1/H4 (Context – Order Block Zones) Use Cases: Prop Firm Challenges High-precision intraday trading Institutional momentum capture Structured trade confirmation via volume and imbalance Note: This indicator is built to avoid noise and reduce false signals by aligning volume, VWAP structure, and Initial Balance breakouts. Order Blocks are filtered and visible only on H1 and H4, with smart confirmation logic.
Pine Script® strategy
by anthonyBangkok
Price Action Forecast (ERJUANSTURK)█ Overview The Price Action Color Forecast Indicator, is an innovative trading tool that uses the power of historical price action and candlestick patterns to predict potential future market movements. By analyzing the colors of the candlesticks and identifying specific price action events, this indicator provides traders with valuable insights into future market behavior based on past performance. █ Calculations The Price Action Color Forecast Indicator systematically analyzes historical price action events based on the colors of the candlesticks. Upon identifying a current price action coloring event, the indicator searches through its past data to find similar patterns that have happened before. By examining these past events and their outcomes, the indicator projects potential future price movements, offering traders valuable insights into how the market might react to the current price action event. The indicator prioritizes the analysis of the most recent candlesticks before methodically progressing toward earlier data. This approach ensures that the generated candle forecast is based on the latest market dynamics. The core functionality of the Price Action Color Forecast Indicator: Analyzing historical price action events based on the colors of the candlesticks. Identifying similar events from the past that correspond to the current price action coloring event. Projecting potential future price action based on the outcomes of past similar events. █ Example In this example, we can see that the current price action pattern matches with a similar historical price action pattern that shares the same characteristics regarding candle coloring. The historical outcome is then projected into the future. This helps traders to understand how the past pattern evolved over time. █ How to use The indicator provides traders with valuable insights into how the market might react to the current price action event by examining similar historical patterns and projecting potential future price movements. █ Settings Candle series The candle lookback length refers to the number of bars, starting from the current one, that will be examined in order to find a similar event in the past. Forecast Candles Number of candles to project into the future. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script® indicator
by ERJUANS-TURK
Candle % High/Low Bar + HL Order + MA by Barty&PitPapcioWhat does the indicator show? The "Candle % High/Low Bar + HL Order + MA by Barty&PitPapcio" indicator displays the percentage deviation of each candle’s high and low relative to its open price. The zero line represents the candle’s open — bars above zero show upward movement from the open (to high), bars below zero show downward movement (to low). Additionally, the indicator plots a dot above or below each bar indicating which came first during the candle — the high or the low — based on data from a lower timeframe two steps below the current chart (for example, on a 1-hour chart it uses 15-minute data). Finally, the indicator calculates and plots a user-selectable moving average (EMA, SMA, or WMA) of these "first high or low" signals, helping identify trends whether the first move is more often upwards or downwards. Where do the data come from? Percentage values are calculated directly from the current chart’s candles: highPerc=(High−Open)/Open×100%, lowPerc=(Low−Open)/Open×100% The timing of the first high or low for each candle is retrieved from a lower timeframe, stepping down two levels from the current timeframe (e.g. from 1H to 15 min), providing better precision in detecting the order of highs and lows that may be blurred on higher timeframes. Additional features: Full customization of colors for bars, dots, zero line, grid, and thicknesses. Background grid with adjustable scale and style. Safety checks for missing lower timeframe data. A moving average smoothing the sequence of first high/low signals to reveal directional tendencies. Suggested strategy for technical analysis support Identify dominant candle direction: If the dot often appears above the bar (first high), it indicates buying pressure; if below (first low), selling pressure dominates. Use percentage deviations: Large percent bars indicate heightened volatility and potential reversal points. Moving average on order signals: The EMA of high/low first signals smooths the noise, showing the dominant trend in the sequence of price moves, useful for filtering other signals. Combine with other tools: This indicator can act as a directional filter on multiple timeframes, synergizing well with momentum indicators, RSI, or support/resistance levels to confirm move strength. Lots of love, Bartosz
Pine Script® indicator
by B4RTY
Opening Range Breakout Detector📈 Opening Range Breakout Detector (TF-Independent) Tracks breakouts with precision. No matter the chart, no matter the timeframe. This indicator monitors whether price breaks above or below the Opening Range across multiple key durations — 1m, 5m, 10m, 15m, 30m, 45m, and 60m — using 1-minute data under the hood, while you can work on higher timeframe charts (daily, etc.). Highlights: ✅ Status table shows which ORs broke UP or DOWN ⏱ Control which timeframes to track 🖼 Customizable table position, size and colors Crafted by @FunkyQuokka
Pine Script® indicator
by FunkyQuokka
Market Structure & Support/ResistanceOverview This Pine Script indicator, inspired by Richard Wyckoff and Stan Weinstein’s market structure theories, assists traders in navigating market cycles by identifying key phases and support/resistance levels. It’s designed for TradingView, offering a visual and customizable tool for better trading decisions. Key Features Market Stages: Detects and colors four stages—accumulation, advancing, distribution, declining—to show the market’s phase. Support/Resistance: Plots these as areas, not lines, highlighting potential price reaction zones and their weakening with multiple tests. Moving Averages: Includes 200-day and 50-period MAs for trend analysis and dynamic levels. Alerts: Notifies on breakouts/breakdowns, with volume filters for confirmation. Customization: Adjust pivot periods, volume thresholds, and toggle visuals for personalized use. Benefits It helps traders decide when to buy, sell, or stay out by understanding market conditions, with alerts for significant moves. The indicator also shows how support can turn into resistance after breaks, a common market behavior. Contact Information For questions, reach out to @w_thejazz on X
Pine Script® indicator
by w_thejazz
Consecutive Candles Above/Below EMADescription: This indicator identifies and highlights periods where the price remains consistently above or below an Exponential Moving Average (EMA) for a user-defined number of consecutive candles. It visually marks these sustained trends with background colors and labels, helping traders spot strong bullish or bearish market conditions. Ideal for trend-following strategies or identifying potential trend exhaustion points, this tool provides clear visual cues for price behavior relative to the EMA. How It Works: EMA Calculation: The indicator calculates an EMA based on the user-specified period (default: 100). The EMA is plotted as a blue line on the chart for reference. Consecutive Candle Tracking: It counts how many consecutive candles close above or below the EMA: If a candle closes below the EMA, the "below" counter increments; any candle closing above resets it to zero. If a candle closes above the EMA, the "above" counter increments; any candle closing below resets it to zero. Highlighting Trends: When the number of consecutive candles above or below the EMA meets or exceeds the user-defined threshold (default: 200 candles): A translucent red background highlights periods where the price has been below the EMA. A translucent green background highlights periods where the price has been above the EMA. Labeling: When the required number of consecutive candles is first reached: A red downward arrow label with the text "↓ Below" appears for below-EMA streaks. A green upward arrow label with the text "↑ Above" appears for above-EMA streaks. Usage: Trend Confirmation: Use the highlights and labels to confirm strong trends. For example, 200 candles above the EMA may indicate a robust uptrend. Reversal Signals: Prolonged streaks (e.g., 200+ candles) might suggest overextension, potentially signaling reversals. Customization: Adjust the EMA period to make it faster or slower, and modify the candle count to make the indicator more or less sensitive to trends. Settings: EMA Length: Set the period for the EMA calculation (default: 100). Candles Count: Define the minimum number of consecutive candles required to trigger highlights and labels (default: 200). Visuals: Blue EMA line for tracking the moving average. Red background for sustained below-EMA periods. Green background for sustained above-EMA periods. Labeled arrows to mark when the streak threshold is met. This indicator is a powerful tool for traders looking to visualize and capitalize on persistent price trends relative to the EMA, with clear, customizable signals for market analysis. Explain EMA calculation Other trend indicators Make description shorter
Pine Script® indicator
by TheDivergentTrader
Renko Brick Color Change Alert (Simulated)//@version=5 indicator("Renko Brick Color Change Alert (Simulated)", overlay=true) brickSize = input.float(10, "Brick Size", minval=0.1) // Persistent variables var float lastBrickClose = na var int lastDirection = 0 // -1 = bearish, 1 = bullish var int direction = 0 var int alertChange = 0 // Simulate Renko logic on close price if na(lastBrickClose) lastBrickClose := close else if close >= lastBrickClose + brickSize direction := 1 lastBrickClose := close else if close <= lastBrickClose - brickSize direction := -1 lastBrickClose := close else direction := lastDirection // Detect change in direction if direction != lastDirection and direction != 0 alertChange := 1 else alertChange := 0 // Update last direction lastDirection := direction // Plot shape on color change plotshape(alertChange == 1, title="Color Change", location=location.abovebar, style=shape.labelup, color=color.red, size=size.small) // Create alert condition alertcondition(alertChange == 1, title="Renko Color Change Alert", message="Renko brick changed color (direction reversed).")
Pine Script® indicator
by navdeepsingh1222
EMA-MACD-RSI Strategy PRO//@version=5 strategy("EMA-MACD-RSI Strategy PRO", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=10) // === Indicatori === ema20 = ta.ema(close, 20) ema50 = ta.ema(close, 50) macdLine = ta.ema(close, 12) - ta.ema(close, 26) signalLine = ta.ema(macdLine, 9) rsi = ta.rsi(close, 14) // === Condizioni Long === longCond = ta.crossover(ema20, ema50) and macdLine > signalLine and rsi > 50 if (longCond) strategy.entry("Long", strategy.long) // === Condizioni Short === shortCond = ta.crossunder(ema20, ema50) and macdLine < signalLine and rsi < 50 if (shortCond) strategy.entry("Short", strategy.short) // === Uscita === exitLong = ta.crossunder(macdLine, signalLine) exitShort = ta.crossover(macdLine, signalLine) if (exitLong) strategy.close("Long") if (exitShort) strategy.close("Short") // === Plot indicatori === plot(ema20, title="EMA 20", color=color.orange) plot(ema50, title="EMA 50", color=color.teal) // === Dashboard === var table dash = table.new(position.top_right, 2, 4, border_width=1) if bar_index % 1 == 0 table.cell(dash, 0, 0, "Segnale", text_color=color.white, bgcolor=color.gray) table.cell(dash, 1, 0, longCond ? "LONG" : shortCond ? "SHORT" : "-", text_color=color.white, bgcolor=longCond ? color.green : shortCond ? color.red : color.gray) table.cell(dash, 0, 1, "RSI", text_color=color.white, bgcolor=color.gray) table.cell(dash, 1, 1, str.tostring(rsi, format.mintick), text_color=color.white) table.cell(dash, 0, 2, "MACD > Signal", text_color=color.white, bgcolor=color.gray) table.cell(dash, 1, 2, str.tostring(macdLine > signalLine), text_color=color.white) table.cell(dash, 0, 3, "EMA20 > EMA50", text_color=color.white, bgcolor=color.gray) table.cell(dash, 1, 3, str.tostring(ema20 > ema50), text_color=color.white) // === Alert === alertcondition(longCond, title="Segnale Long", message="LONG: EMA20 > EMA50, MACD > Signal, RSI > 50") alertcondition(shortCond, title="Segnale Short", message="SHORT: EMA20 < EMA50, MACD < Signal, RSI < 50")
Pine Script® strategy
by mcon0927