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Candlestick analysis

CandelaCharts - CRT Model📝 Overview The Candle Range Theory (CRT) is a trading concept that focuses on analyzing the price movement within the range of individual candlesticks to understand market dynamics and predict future price actions. It posits that each candlestick represents a distinct range of price action, defined by its high, low, open, and close, and that price movements are structured within these ranges. 📦 Features Timeframe Pairing: This indicator highlights movements on lower timeframes within higher timeframe candles, providing insights into micro trends, structural changes, and potential entry points. Bias Selection: This feature allows analysts to manage bias and identify setups, displaying bullish, bearish, or neutral models that align with higher timeframe trends. Double Purge Sweeps: A double purge is a type of sweep where the price breaks both the high and low of the previous candle (through the wicks) before closing within the range of that same candle. CRT Times: Times when high-probability CRTs occur. HTF Candles: The CRT Model is rooted in the ICT Power of Three, assisting traders in identifying key turning points and market transitions across multiple timeframes. Dashboard: Create a customizable table that displays key details such as timeframe pairing, time to next candle close, bias, and time filter settings. Any Market: Ideal for all markets - stocks, forex, crypto, futures, commodities and more - delivering consistent results and insights across diverse trading environments. ⚙️ Settings Core Status: Filter models based on status Bias: Controls what model type will be displayed, bullish or bearish Fractal: Controls the timeframe pairing will be used Mean: Plots the equilibrium of the previous HTF candle Liquidity: Displays the liquidity levels that belongs to the model Sweep: Shows the sweep that forms a model I-sweep: Controls the visibility of invalidated sweeps D-purge: Plots the double purge sweeps CISD: Displays the Change In State of Delivery for a model Labels: Adjust the HTF candle label size C-area: Highlights the region between current candle open and previous candle equilibrium History History: Controls the mount of past models displayed on the chart Time 2-3-4: Filter models based on 2-3-4 AM hours 7-8-9: Filter models based on 7-8-9 AM hours 8-9-10: Filter models based on 8-9-10 AM / PM hours 1-5-9: Filter models based on 1-5-9 AM / PM hours 2-6-10: Filter models based on 2-6-10 AM / PM hours Custom: Filter models based on Custom hours HTF Candles: Controls the number of HTF candles that will be visible on the chart Open: Highlights with a line the open price of current HTF candle Show True Day Open: Display True Day Open line Offset: Controls the distance of HTF from the current chart Space: Controls the space between HTF candles Size: Controls the size of HTF candles LTF H/L Line: Displays on the LTF chart High and Low of each HTF candle O/C Line: Displays on the LTF chart Open and Close of each HTF candle Projections StDev: Controls standard deviation available levels Labels: Controls the size of standard deviation levels Anchor: Controls the anchor point of standard deviation levels (wick, body) Lines: Controls the line widths and color of standard deviation levels Dashboard Panel: Display information about current model 💡 Framework The CRT Model is designed to analyze and interpret price action patterns through various components, each of which plays a critical role in identifying market trends and providing actionable insights. The model incorporates the following timeframe alignments: 15s - 5m 1m - 15m 2m - 20m 3m - 30m 5m - 1H 15m - 4H 30m - 12H 1H - 1D 4H - 1W 1D - 1M 1W - 3M Below are the key components that make up the model: Sweep D-purge CISD Mean C-area Projections Liquidity The CRT Model follows a specific lifecycle, which highlights the current state of the model and determines whether a trade opportunity is valid. The model's lifecycle includes the following statuses: Formation (grey) Invalidation (red) Success (green) By utilizing the phases of Formation, Invalidation, and Success, traders can efficiently manage their positions, reduce risk, and take advantage of high-probability setups offered by the CRT Model. ⚡️ Showcase Introducing CRT Model is a powerful trading tool designed to elevate your market analysis and boost your trading success. Built with precision and advanced algorithms, this indicator helps you identify key trends, potential entry and exit points, and optimize your strategy for better decision-making. HTF Candles C-areas Time Filters Unlock your full trading potential and experience the difference with CRT Model — your ultimate tool for smarter, more informed trading decisions. 🚨 Alerts This script offers alert options for all model types. The alerts need to be setup manually from Tradingview. Bearish Model A bearish model alert is triggered when a model forms, signaling a high sweep and CISD. Bullish Model A bullish model alert is triggered when a model forms, signaling a low sweep and CISD. ⚠️ Disclaimer These tools are exclusively available on the TradingView platform. Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products. By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable. We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances. By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
Pine Script® indicator
by CandelaCharts
8
CandelaCharts - Fractal Range Model📝 Overview The Fractal Range Model (FRM) is an all-encompassing and sophisticated trading framework that incorporates multiple market dynamics to provide a deeper understanding of price movements. This model is built around several key principles, including Market Swing Points, Sweeps, Candle Mean, and Change in State of Delivery (CISD), which together offer a nuanced and effective approach to trading. At its core, the model focuses on Market Swing Points, which represent crucial turning points in the market where price action shifts direction. These points provide insight into potential reversals and momentum changes, allowing traders to identify key support and resistance areas. Recognizing these swings is critical in anticipating future price movements and understanding the market’s underlying structure. The Fractal Range Model (FRM) is a versatile trading strategy that adapts to various styles, whether you're into scalping, day trading, swing trading, or long-term investment. Its flexibility makes it suitable for traders with different time horizons and risk preferences, allowing it to be effectively applied across multiple market conditions. 📦 Features Timeframe Alignment: This indicator reveals lower Timeframe movements within higher Timeframe candles, offering insights into micro trends, structure shifts, and key entry points. Bias Selection: This feature lets analysts control bias and setup detection, viewing bullish, bearish, or neutral formations to align with higher Timeframe trends. Double Purge Sweeps: A double purge is a type of Sweep where the price exceeds both the high and low of the previous candle (via wicks) and then closes within the range of the prior candle. Time Filters: Sync Time and price by selecting custom Time windows to focus on relevant formations. Higher Timeframe Candles: The Fractal Range Model integrates ICT Power of Three, helping traders spot key turning points and market transitions across Timeframes. Higher Timeframe PD Arrays: The HTF PD Arrays (FVG, IFVG) are key points of interest that indicate significant market levels where valid sweeps are likely to occur. Lower Timeframe PD Arrays: The LTF PD Arrays (FVG, IFVG), on the other hand, are used for identifying entry points. Smart Money Technique: In the context of the Fractal Range Model (FRM), the SMT (Smart Money Technique) serves as a crucial confluence indicator that strengthens the reliability of a formed model. Info Panel: Display a customizable table with key details like timeframe pairing, time to next candle close, bias, and time filter settings, with full control over size, location, and borders. Suitable for any Market: Ideal for all markets - stocks, forex, crypto, futures, commodities and more - delivering consistent results and insights across diverse trading environments. ⚙️ Settings Core Status: Filter models based on status Bias: Controls what model type will be displayed, bullish or bearish Fractal: Controls the timeframe pairing will be used Mean: Plots the equilibrium of the previous HTF candle Liquidity: Displays the liquidity levels that belongs to the model Sweep: Shows the sweep that forms a model I-sweep: Controls the visibility of invalidated sweeps D-purge: Plots the double purge sweeps CISD: Displays the Change In State of Delivery for a model Labels: Adjust the HTF candle label size C-area: Highlights the region between current candle open and previous candle equilibrium History History: Controls the mount of past models displayed on the chart Filters Asia: Filter models based on Asia Killzone hours London: Filter models based on London Killzone hours NY AM: Filter models based on NY AM Killzone hours NY Launch: Filter models based on NY Launch Killzone hours NY PM: Filter models based on NY PM Killzone hours Custom: Filter models based on user Custom hours HTF Candles: Controls the number of HTF candles that will be visible on the chart Open: Highlights with a line the open price of current HTF candle Show True Day Open: Display True Day Open line Offset: Controls the distance of HTF from the current chart Space: Controls the space between HTF candles Size: Controls the size of HTF candles PD Array: Displays ICT PD Arrays CE Line: Style the equilibrium line of PD Array Border: Style the border of PD Array LTF H/L Line: Displays on the LTF chart High and Low of each HTF candle O/C Line: Displays on the LTF chart Open and Close of each HTF candle PD Array: Displays ICT PD Arrays CE Line: Style the equilibrium line of PD Array Border: Style the border of PD Array Projections StDev: Controls standard deviation available levels Labels: Controls the size of standard deviation levels Anchor: Controls the anchor point of standard deviation levels (wick, body) Lines: Controls the line widths and color of standard deviation levels SMT Show: Display SMT Symbol: Symbol 1 Symbol: Symbol 2 Style: Controls the color of Bearish and Bullish SMTs Dashboard Panel: Display information about current model 💡 Framework The model includes the following timeframe parings: 15s - 5m 1m - 15m 1m - 30m 2m - 20m 3m - 30m 3m - 60m 5m - 1H 15m - 4H 15m - 8H 30m - 9H 30m - 12H 1H - 1D 2H - 2D 3H - 3D 4H - 1W 8H - 2W 12H - 3W 1D - 1M 2D - 2M 1W - 3M 2W - 6M 3W - 9M 1M - 12M The Fractal Range Model follows a specific lifecycle, which highlights the current state of the model and determines whether a trade opportunity is valid. The model's lifecycle includes the following statuses: Formation (grey) Invalidation (red) Success (green) 1. Formation The Formation phase marks the initial setup of the Fractal Range Model. During this stage, the model identifies and plots key components, such as: Sweeps: Market movements that indicate a potential reversal or strong shift in trend. CISD (Change In State of Delivery): A structural change that provides insight into trend shifts. Once these components are detected, the model automatically calculates and displays Projections and Liquidity Levels , offering insights into potential price action movements. At this stage, the model also identifies and displays the following key elements: HTF PD Arrays (Higher-Timeframe Price Delivery Arrays) LTF PD Arrays (Lower-Timeframe Price Delivery Arrays) Smart Money Technique (SMT) If any of these elements are present, they will be automatically displayed on the chart. 2. Invalidation A Fractal Range Model is considered invalidated when the price does not reach the 2 Standard Deviation level or the first identified liquidity level, and when the price breaks above the high that formed the Sweep. Invalidation signals that the original setup is no longer reliable, and traders should avoid taking action based on the model's original parameters. Key invalidation conditions: Price fails to reach the 2 Standard Deviation level. Price fails to reach the first liquidity level. Price breaks the high/low that initiated the Sweep. A potentially invalidated model is marked with a purple color above the label, indicating the sweep is invalidated by the next candle, but not the high that formed the sweep. 3. Success A Fractal Range Model is considered successful when the price reaches the 2 Standard Deviation level or the first identified liquidity level. This indicates that the model's predictions align with actual market movements, confirming the setup's validity and providing a potential trading signal. At this stage, alongside Projections and Liquidity levels, you'll also notice the C-area — the region between the current candle's open and the previous candle's mean. If respected, price action will follow the model's direction. Key success conditions: Price reaches the 2 Standard Deviation level. Price reaches the first liquidity level. By leveraging these phases, Formation, Invalidation, and Success, traders can effectively manage their positions, minimize risk, and capitalize on high-probability setups based on the Fractal Range Model. ⚡️ Showcase Introducing Fractal Range Model is a powerful trading tool designed to elevate your market analysis and boost your trading success. Built with precision and advanced algorithms, this indicator helps you identify key trends, potential entry and exit points, and optimize your strategy for better decision-making. History HTF Candles HTF PD Arrays LTF PD Arrays SMT Unlock your full trading potential and experience the difference with Fractal Range Model — your ultimate tool for smarter, more informed trading decisions. 🚨 Alerts This script offers alert options for all model types. The alerts need to be setup manually from Tradingview. Bearish Model A bearish model alert is triggered when a model forms, signaling a high sweep and CISD. Bullish Model A bullish model alert is triggered when a model forms, signaling a low sweep and CISD. ⚠️ Disclaimer These tools are exclusively available on the TradingView platform. Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products. By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable. We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances. By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
Pine Script® indicator
by CandelaCharts
2
Mark Hours/Minutes (Formula + Minutes)This Pine Script code is a TradingView indicator that analyzes the hour and minutes of each candle in a 1-minute timeframe and plots a red triangle above the candle if one of the following conditions is met: Sum/Difference Condition: The sum or the absolute difference of the hours and minutes is equal to 29, 35, or 71, with a tolerance of +/- 1. Minutes Condition: The minutes are equal to 00, 29, or 35. This indicator is based on the Goldbach theory and the "algo path" concept popularized by Hopiplaka, which posits that algorithmic trading paths often initiate from minute values of 00, 29, and 35. Use this indicator according to your trading strategy.
Pine Script® indicator
by Lingio78
[COG]S&P 500 Weekly Seasonality ProjectionS&P 500 Weekly Seasonality Projection This indicator visualizes S&P 500 seasonality patterns based on historical weekly performance data. It projects price movements for up to 26 weeks ahead, highlighting key seasonal periods that have historically affected market performance. Key Features: Projects price movements based on historical S&P 500 weekly seasonality patterns (2005-2024) Highlights six key seasonal periods: Jan-Feb Momentum, March Lows, April-May Strength, Summer Strength, September Dip, and Year-End Rally Customizable forecast length from 1-26 weeks with quick timeframe selection buttons Optional moving average smoothing for more gradual projections Detailed statistics table showing projected price and percentage change Seasonality mini-map showing the full annual pattern with current position Customizable colors and visual elements How to Use: Apply to S&P 500 index or related instruments (daily timeframe or higher recommended) Set your desired forecast length (1-26 weeks) Monitor highlighted seasonal zones that have historically shown consistent patterns Use the projection line as a general guideline for potential price movement Settings: Forecast length: Configure from 1-26 weeks or use quick select buttons (1M, 3M, 6M, 1Y) Visual options: Customize colors, backgrounds, label sizes, and table position Display options: Toggle statistics table, period highlights, labels, and mini-map This indicator is designed as a visual guide to help identify potential seasonal tendencies in the S&P 500. Historical patterns are not guarantees of future performance, but understanding these seasonal biases can provide valuable context for your trading decisions. Note: For optimal visualization, use on Daily timeframe or higher. Intraday timeframes will display a warning message.
Pine Script® indicator
by CognitiveAlpha
[COG]Nasdaq Weekly Seasonality ProjectionNasdaq Weekly Seasonality Projection This indicator provides a visualization of Nasdaq seasonality patterns based on historical weekly performance data. It projects price movements for up to 26 weeks ahead, highlighting key seasonal periods that have historically affected tech stocks. Key Features: Projects price movements based on historical Nasdaq weekly seasonality patterns Highlights six key seasonal periods: January Effect, March Lows, April-May Strength, Tech Summer Rally, September Dip, and Q4 Tech Rally Customizable forecast length from 1-26 weeks with quick timeframe selection buttons Optional moving average smoothing for more gradual projections Detailed statistics table showing projected price and percentage change Seasonality mini-map showing the full annual pattern with current position Customizable colors and visual elements How to Use: Apply to Nasdaq indices or tech-focused instruments (daily timeframe or higher recommended) Set your desired forecast length (1-26 weeks) Monitor highlighted seasonal zones that have historically shown consistent patterns Use the projection line as a general guideline for potential price movement Settings: Forecast length: Configure from 1-26 weeks or use quick select buttons (1M, 3M, 6M, 1Y) Visual options: Customize colors, backgrounds, label sizes, and table position Display options: Toggle statistics table, period highlights, labels, and mini-map This indicator is designed as a visual guide to help identify potential seasonal tendencies in Nasdaq and tech stocks. Historical patterns are not guarantees of future performance, but understanding these seasonal biases can provide valuable context for your trading decisions. Note: For optimal visualization, use on Daily timeframe or higher. Intraday timeframes will display a warning message.
Pine Script® indicator
by CognitiveAlpha
DUN Lines IndicatorThe DUN Lines indicator detects, filters and plots price imbalances (aka fair value gaps or fvgs/ifvgs). It is unique in the fact that it uses five timeframes and filters out overlapping, lower timeframe imbalances and fvgs below a user-definable size threshold. Simply set your detection timeframes, colors and thresholds then set your chart to your preferred entry timeframe. When imbalances are mitigated, the FVG/IFVG is removed from the chart. The indicator's default colors are my preferred ones for differentiating between timeframes, but these are easily changed. A single color with various levels of transparency to indicate timeframe strength is another approach that works nicely.
Pine Script® indicator
by dagsville
CFD Calculator For GFTC & INFINOX MT5Optimized CFD Trade Calculator + Pivot (Version 2) – For INFINOX MT5 & *GFTC Risk Management & Entry Calculation: Automatically computes the recommended entry lot size based on user inputs such as total capital and maximum loss percentage. For instance, a 0.4 lot position is sized to limit losses within 10% of a total capital of $1000 for a short position. Pivot-Based Stoploss: Dynamically updates stoploss levels using pivot high and low values. The indicator adjusts the pivot levels in real time as new extreme values are confirmed, ensuring that stoploss levels reflect current market conditions. Real-Time Chart Display: Key metrics are displayed through a customizable table, along with visual markers (triangles) that highlight breakouts. Shading is applied to indicate overbought/oversold conditions and divergence signals, with transparency and color settings fully configurable. Additional Optional Features: Users can selectively activate divergence, stochastic, and MFI signal alerts via the settings panel. These features are off by default to maintain a clean interface but can be enabled as needed. User Interface Customization: The indicator offers extensive customization for table headers, text, and background colors. This enables traders to tailor the display for optimal readability and integration with their charting style. *GFTC : Global Financial Traders Council
Pine Script® indicator
by bkkim97
1
Rotational Factor CalculationThe Rotational Factor is a simple, objective means for evaluating day timeframe attempted direction based on the market's half hour auction rotations. At any point in time during the day, the running tally can help keep general awareness for whether buyers or sellers are in control, and if a transition is taking place. It is also helpful to use as one of a handful of variables that categorize the session's Directional Performance to assist in possible direction for the next session. This method is from Dalton's Mind Over Market's book and in part helps answer the question, which way is the market trying to go? This can then be applied to the second question, is the market doing a good job in it's attempted direction? Staying aware of these two questions keeps current sentiment and expectations in check. Calculation method Each 30min RTH candle gets a score: if the high is higher than the previous candle's high: +1 if the high is lower than the previous candle's high: -1 if the low is higher than the previous candle's low: +1 if the low is lower than the previous candle's low: -1 if the high (or low) of a candle is equal to the high (or low) of the previous candle: 0 The running tally intraday text is displayed in blue. Once the session closes the text is displayed in orange and remains listed over the final candle of the day for 30 days. The RTH candles are calculated until the end of the RTH session (3pm EST) even though the session's full tally is displayed over the final candle at 3:30pm EST.
Pine Script® indicator
by nurseG
Liquidity + Internal Market Shift StrategyLiquidity + Internal Market Shift Strategy This strategy combines liquidity zone analysis with the internal market structure, aiming to identify high-probability entry points. It uses key liquidity levels (local highs and lows) to track the price's interaction with significant market levels and then employs internal market shifts to trigger trades. Key Features: Internal Shift Logic: Instead of relying on traditional candlestick patterns like engulfing candles, this strategy utilizes internal market shifts. A bullish shift occurs when the price breaks previous bearish levels, and a bearish shift happens when the price breaks previous bullish levels, indicating a change in market direction. Liquidity Zones: The strategy dynamically identifies key liquidity zones (local highs and lows) to detect potential reversal points and prevent trades in weak market conditions. Mode Options: You can choose to run the strategy in "Both," "Bullish Only," or "Bearish Only" modes, allowing for flexibility based on market conditions. Stop-Loss and Take-Profit: Customizable stop-loss and take-profit levels are integrated to manage risk and lock in profits. Time Range Control: You can specify the time range for trading, ensuring the strategy only operates during the desired period. This strategy is ideal for traders who want to combine liquidity analysis with internal structure shifts for precise market entries and exits. This description clearly outlines the strategy's logic, the flexibility it provides, and how it works. You can adjust it further to match your personal trading style or preferences!
Pine Script® strategy
by The_Forex_Steward
Internal Market StructureInternal Market Structure Indicator (Based on Bearish/Bullish Candle Patterns) This custom market structure indicator is designed to help traders identify key shifts in market pressure based on bullish and bearish candle patterns. The indicator tracks consecutive bullish and bearish candles and identifies significant points where the price action suggests a potential reversal or continuation of the current market trend. Key Features: 1. Bullish & Bearish Candle Recognition: The indicator monitors individual candles to determine if they are bullish (close > open) or bearish (close < open), and uses this information to track price direction over consecutive candles. 2. Consecutive Candle Tracking: It tracks consecutive bullish and bearish candles, giving insight into the strength of the prevailing trend. The number of consecutive candles can be adjusted to refine the analysis based on market conditions. 3. Engulfing Candle Detection: The indicator identifies Bullish and Bearish Engulfing signals when a reversal pattern is detected. These are plotted as triangle shapes on the chart: -Bullish Engulfing: Indicates a potential reversal or continuation of an upward move, where a bullish candle fully engulfs the previous bearish candle. -Bearish Engulfing: Indicates a potential reversal or continuation of a downward move, where a bearish candle fully engulfs the previous bullish candle. 4. Internal Shifts: The indicator also tracks Internal Shifts, which occur when the price closes beyond the highest or lowest levels of previous bullish or bearish sequences, signaling a potential trend change: -Bullish Internal Shift: A shift indicating the market may be turning bullish. -Bearish Internal Shift: A shift indicating the market may be turning bearish. 5. Alerts: Custom alerts are included to notify traders when any of the above conditions are met: -Bullish Pressure Change Alert -Bearish Pressure Change Alert -Bullish Internal Shift Alert -Bearish Internal Shift Alert Plotting: The indicator visually marks these key price levels with shapes on the chart: -Green Triangle Up: Bullish Engulfment -Red Triangle Down: Bearish Engulfment -Blue Triangle Down: Bearish Internal Shift -Orange Triangle Up: Bullish Internal Shift Usage: This indicator can be used to spot potential reversals, continuation patterns, and shifts in market sentiment. Traders can combine these signals with other technical indicators to form a more robust trading strategy. By focusing on candle patterns and market structure, this indicator offers a clear, actionable framework for understanding market behavior and making more informed trading decisions. *NOTE* The polyline and horizontal trend lines drawn are not included in this indicator, but are there to show how this indicator can be used to illustrate the internal market structure of the given timeframe.
Pine Script® indicator
by The_Forex_Steward
Trapped Traders Order BlocksHow It Works The Trapped Traders Order Blocks indicator identifies specific price action patterns that suggest large market participants ("big money") have been trapped in losing positions after significant price sweeps, creating potential opportunities for reversals. The indicator detects both "bullish trap blocks" (where bearish traders are trapped) and "bearish trap blocks" (where bullish traders are trapped). Here’s the step-by-step process for each: Bullish Trap Block (Bears Trapped): A bearish candle (Candle A) must sweep the high of the previous candle (Candle B), meaning its high exceeds the high of the prior candle. This bearish candle must have a longer upper wick than its lower wick, indicating rejection of higher prices. The candle must not be a doji (i.e., it must have a significant body, defined as the body being at least 10% of the candle's range). The next candle (Candle C) must close above the body of the bearish candle (Candle A), suggesting that price has immediately moved against the bearish sweep, potentially trapping bearish traders who entered short positions expecting a downward move. The body of the bearish candle (Candle A) is marked as a "bullish trap block." A box is drawn around this candle's body, and a label ("Bullish Trap") is placed below it. Bearish Trap Block (Bulls Trapped): A bullish candle (Candle A) must sweep the low of the previous candle (Candle B), meaning its low is below the low of the prior candle. This bullish candle must have a longer lower wick than its upper wick, indicating rejection of lower prices. The candle must not be a doji. The next candle (Candle C) must close below the body of the bullish candle (Candle A), suggesting that price has immediately moved against the bullish sweep, potentially trapping bullish traders who entered long positions expecting an upward move. The body of the bullish candle (Candle A) is marked as a "bearish trap block." A box is drawn around this candle's body, and a label ("Bearish Trap") is placed above it. Dynamic Box Extension: For both bullish and bearish trap blocks, the box extends dynamically to the current bar unless it exceeds a user-defined age (default is 52 bars), at which point it stops at the maximum age. Sweep Detection: Bullish Sweep (of any trap block, bullish or bearish): The current candle's open is above the top of the box. The low is below the top of the box. The close is above the top of the box. The lower wick is longer than the upper wick (indicating rejection of lower prices). The close is above 50% of the candle's range (ensuring a strong bullish bias). When a bullish sweep occurs, a label ("Bullish Sweep") is placed at the low of the candle, pointing upward, and an alert is triggered. Bearish Sweep (of any trap block, bullish or bearish): The current candle's open is below the bottom of the box. The high is above the bottom of the box. The close is below the bottom of the box. The upper wick is longer than the lower wick (indicating rejection of higher prices). The close is below 50% of the candle's range (ensuring a strong bearish bias). When a bearish sweep occurs, a label ("Bearish Sweep") is placed at the high of the candle, pointing downward, and an alert is triggered. When to Be Used The Trapped Traders Order Blocks indicator is best used in the following scenarios: Reversal Trading: Use this indicator to identify potential reversal points in the market. Bullish trap blocks suggest that trapped bears may unwind their short positions, leading to a potential bullish move. Bearish trap blocks suggest that trapped bulls may unwind their long positions, leading to a potential bearish move. Look for sweeps of these blocks as confirmation of a directional move. A bullish sweep indicates a potential upward move, while a bearish sweep indicates a potential downward move. Range-Bound Markets: In sideways or ranging markets, trapped blocks can highlight key levels where large players have been caught off-guard. These levels often act as support or resistance, and a sweep of the block can signal a breakout or continuation in the direction of the sweep. Confluence with Other Indicators: Combine the trapped blocks with other technical analysis tools, such as support/resistance levels, Fibonacci retracements, or volume analysis, to increase the probability of a successful trade. For example, a bullish trap block near a strong support level with a bullish sweep can provide a high-probability setup for a long position, while a bearish trap block near a strong resistance level with a bearish sweep can signal a short opportunity. Timeframes: The indicator is most effective on higher timeframes such as 1-day (1D), 1-week (1W), and 1-month (1M) charts. These timeframes are more likely to capture significant moves involving large market participants, reducing noise and false signals compared to lower timeframes. While it can be used on lower timeframes (e.g., 1-hour or 4-hour), the signals may be less reliable due to increased market noise. Logic Behind It The logic behind the Trapped Traders Order Blocks indicator is rooted in market psychology and the behavior of large market participants ("big money"). When a large sweep candle occurs where price spikes in one direction but then quickly reverses it often indicates that traders have entered positions in the direction of the sweep, expecting a continuation. However, if the price immediately moves against them, these traders are now trapped in losing positions. Bullish Trap Block (Bears Trapped): A large bearish sweep candle (spiking upward but closing lower) suggests that bearish traders (bears) have entered short positions at the top of the move, expecting a downward continuation. If the next candle closes above the bearish candle's body, these bears are trapped in losing positions. The body of the bearish candle becomes a "bullish trap block" because the trapped bears are likely to have placed their stop-loss orders or break-even exit orders just above the high of the sweep candle or within the body of the candle. As price revisits this level in the future, these trapped traders may attempt to unwind their positions by buying back their shorts, which can drive the price higher. This unwinding process often attracts new buyers, leading to a potential bullish reversal or continuation. The bullish sweep conditions (e.g., close > box top, longer lower wick, and close above 50% of the range) ensure that the price action at the block level shows strong bullish momentum and rejection of lower prices, confirming the potential for a move higher. Bearish Trap Block (Bulls Trapped): A large bullish sweep candle (spiking downward but closing higher) suggests that bullish traders (bulls) have entered long positions at the bottom of the move, expecting an upward continuation. If the next candle closes below the bullish candle's body, these bulls are trapped in losing positions. The body of the bullish candle becomes a "bearish trap block" because the trapped bulls are likely to have placed their stop-loss orders or break-even exit orders just below the low of the sweep candle or within the body of the candle. As price revisits this level in the future, these trapped traders may attempt to unwind their positions by selling their longs, which can drive the price lower. This unwinding process often attracts new sellers, leading to a potential bearish reversal or continuation. The bearish sweep conditions (e.g., close < box bottom, longer upper wick, and close below 50% of the range) ensure that the price action at the block level shows strong bearish momentum and rejection of higher prices, confirming the potential for a move lower. Summary Bullish Trap Block: Occurs when bears get trapped after a bearish sweep candle is immediately followed by a bullish candle, indicating a potential reversal as trapped bears may unwind their positions. Bearish Trap Block: Occurs when bulls get trapped after a bullish sweep candle is immediately followed by a bearish candle, indicating a potential bearish reversal. Use Case: Ideal for identifying reversal opportunities, especially in range-bound markets or at key support/resistance levels on higher timeframes like 1D, 1W, and 1M, and can be combined with other indicators for confluence. Logic: Large sweep candles followed by an immediate reversal suggest that big money has been trapped, and these traders may unwind their positions at break-even in the near future, driving price in the opposite direction of their initial trade. This indicator provides a visual and actionable way to identify these trapped trader scenarios, with customizable settings for box display, sweep visuals, and alerts to help traders capitalize on these opportunities, particularly on higher timeframes where the signals are most reliable.
Pine Script® indicator
by mindyourbuisness
14
Market Pulse"Market Pulse" is a comprehensive technical analysis indicator designed to provide traders with insights into market dynamics by combining several analytical modules: Turning Points & Forecasts: Identifies potential market turning points by analyzing pivot highs and lows over a specified period. It calculates forecast levels (A, B, C) based on the averages and standard deviations of these pivots, offering potential support and resistance zones. TPO (Time Price Opportunity) Profile: Analyzes the distribution of prices over a set number of bars to determine key levels such as Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL). These levels help traders understand where the majority of trading activity has occurred, indicating potential support and resistance areas. High Volume Highlight: Detects bars with significantly higher volume compared to a moving average benchmark, highlighting potential areas of increased market activity and interest. Open Interest Analysis: Monitors open interest data for both USD and USDT pairs, comparing current values to their moving averages. This analysis helps gauge market sentiment and potential future price movements based on the commitment of traders. ------------------------------------------------------------------------------------------ "Market Pulse" — это комплексный индикатор технического анализа, предназначенный для предоставления трейдерам глубокого понимания динамики рынка посредством объединения нескольких аналитических модулей: Разворотные точки и прогнозы: Определяет потенциальные разворотные точки рынка, анализируя экстремумы (максимумы и минимумы) за заданный период. Рассчитывает прогнозные уровни (A, B, C) на основе средних значений и стандартных отклонений этих экстремумов, предлагая потенциальные зоны поддержки и сопротивления. Профиль TPO (Time Price Opportunity): Анализирует распределение цен за определённое количество баров для определения ключевых уровней, таких как Point of Control (POC), Value Area High (VAH) и Value Area Low (VAL). Эти уровни помогают трейдерам понять, где происходила основная торговая активность, указывая на потенциальные области поддержки и сопротивления. Выделение высокого объёма: Обнаруживает бары с значительно более высоким объёмом по сравнению с движущейся средней, выделяя потенциальные области повышенной рыночной активности и интереса. Анализ открытого интереса: Отслеживает данные об открытом интересе для пар в USD и USDT, сравнивая текущие значения с их скользящими средними. Этот анализ помогает оценить рыночные настроения и потенциальные будущие ценовые движения на основе вовлечённости трейдеров.
Pine Script® indicator
by BitcoinHunterAnalytics
VWAP + Fib + Candlestick Pattern Strategy### **VWAP + Fibonacci + Candlestick Pattern Strategy (v6)** This indicator is designed to identify high-quality trading setups using a combination of **Anchored VWAP, Fibonacci Retracement Levels, and Candlestick Patterns**. It helps traders find optimal entry points where multiple confluences align, enhancing trade accuracy. ### **Key Features:** ✅ **Anchored VWAP** – Starts from the last pivot low (bullish) or pivot high (bearish) to determine trend strength. ✅ **Fibonacci Levels** – Uses key retracement levels (0.382, 0.5, 0.618, 0.786) for added confluence. ✅ **Candlestick Patterns** – Detects Pin Bars, Engulfing Candles, and Hammer Candles for potential reversals. ✅ **High-Quality Setups** – Highlights strong signals where price aligns with VWAP & Fib zones. ✅ **Alerts** – Get notified when a bullish or bearish setup is detected. ✅ **Risk Management** – Includes Take Profit (TP1, TP2, Final TP) & Stop Loss based on ATR. ✅ **Position Sizing** – Calculates position size based on a fixed dollar risk per trade. ### **How to Use:** 1. Apply the indicator to your chart. 2. Look for signals near Fibonacci retracement levels and VWAP. 3. Use alerts for real-time trade notifications. 4. Manage risk with built-in TP/SL and position sizing. Perfect for traders who use **Price Action & Smart Money Concepts** to refine their entries! 🚀
Pine Script® indicator
by vastavshri30
TR FVG Finder 1.0TR FVG Finder 1.0 - Identify High-Probability Trading Zones Unlock the power of Fair Value Gaps (FVGs) with this advanced TradingView indicator! Designed for traders seeking high-probability setups, the Fair Value Gap Detector identifies key price imbalances on your chart, helping you spot potential reversal and continuation zones with precision. Key Features: Accurate FVG Detection: Automatically detects bullish and bearish Fair Value Gaps based on a proven 3-candle pattern, highlighting areas where price is likely to return. Customizable Display: Shows the most recent 3 FVGs by default (combined bullish and bearish), with an option to adjust the number of FVGs displayed. Visual Clarity: Draws semi-transparent boxes (green for bullish FVGs, red for bearish FVGs) that extend 15 candles to the right, making it easy to track key levels. Versatile for All Markets: Works on any timeframe and instrument—perfect for forex, stocks, crypto, and commodities like XAU/USD (gold). User-Friendly: Simple to use with customizable settings, ideal for both beginner and experienced traders. How It Works: The indicator identifies FVGs by analyzing a 3-candle pattern: - Bullish FVG: When the high of the candle two bars back is below the low of the current candle. - Bearish FVG: When the low of the candle two bars back is above the high of the current candle. These gaps often act as magnets for price, making them powerful zones for trading strategies like breakouts, pullbacks, or reversals. Why Use This Indicator? - Enhance your technical analysis with a proven concept used by institutional traders. - Spot high-probability trading opportunities with clear visual cues. - Save time by automating FVG detection—no manual drawing required. Best Practices: - Use on lower timeframes (e.g., 15-minute or 1-hour) for more frequent FVGs, especially in volatile markets like forex or crypto. - Combine with other indicators (e.g., support/resistance, volume) for confirmation. - Ideal for strategies like ICT (Inner Circle Trader) concepts, Smart Money trading, and price action analysis. Regards, Trader Riaz
Pine Script® indicator
by traderriazofficial
ICT SMT (fadi)The ICT SMT (fadi) Indicator is a powerful indicator inspired by the Inner Circle Trader (ICT) methodology, designed to identify Smart Money Technique (SMT) divergences between correlated assets. This indicator helps traders spot potential reversal points or trend shifts by comparing price action of a user-defined symbol (e.g., “ES1!” for E-mini S&P 500 futures) against the current chart’s price structure. Ideal for forex, indices, futures, and crypto markets, it highlights discrepancies in correlated asset behavior to enhance trading decisions. These discrepancies occur when one asset shows signs of strength—such as holding support or rallying—while the other weakens or drops, signaling potential manipulation or a shift in smart money activity. This is relevant because it reveals where institutional traders may be accumulating or distributing positions, giving insight into impending trend changes. This indicator offers higher accuracy and detects nearly every SMT present on the chart by calculating multiple possibilities. Features • Smart Algorithmic detection of high probability SMTs • Detect SMT with two other symbols • Detect 2-Candle SMT as an additional configurable option • Confirmation and Invalidation levels • Expand or narrow the detection range by changing the number of pivots to use • Raise alerts when SMT has been detected Usage 1. Apply the indicator to your chart. 2. In the settings, input a correlated symbol (e.g., “NQ1!” for Nasdaq futures if charting “ES1!”, or “EURUSD” if analyzing “GBPUSD”). 3. Monitor the plotted markers and labels: • Green markers for bullish divergences. • Red markers for bearish divergences. 4. Combine with other ICT concepts (e.g., order blocks, liquidity zones) for higher-probability setups. Best Practices • Pair with strongly correlated assets (e.g., ES vs. NQ, EURUSD vs. GBPUSD) for reliable signals. • Backtest on your chosen market to confirm effectiveness.
Pine Script® indicator
by fadizeidan
20
Combined Support & Resistance IndicatorsPivot Points Calculation: The script calculates the Pivot Point as the average of the high price (high), low price (low), and closing price (close) of the current bar. The Pivot Point is plotted on the chart as a red line. Support and Resistance Levels: The Support Level is calculated as the lowest price over the last lookback bars. The Resistance Level is calculated as the highest price over the last lookback bars. These levels are displayed on the chart using horizontal lines: green for support and red for resistance. Momentum Indicators: RSI (Relative Strength Index): A momentum oscillator calculated based on the closing price over the last 14 bars. It is plotted as a yellow line. MACD (Moving Average Convergence Divergence): An indicator consisting of the MACD line (blue) and the signal line (orange). It is calculated based on the closing price. Moving Averages: SMA 20: A simple moving average over the last 20 bars. It is plotted as a green line. SMA 50: A simple moving average over the last 50 bars. It is plotted as a red line. Dynamic Levels Drawing: Instead of using hline (which does not support dynamic values), the script uses line.new to draw dynamic support and resistance levels. These lines are updated on each bar.
Pine Script® indicator
by koyopa
BCVC - Volume & Big Candle ColorThe BCVC (Volume & Big Candle Color) indicator helps traders identify significant price movements accompanied by unusual volume activity. By dynamically coloring bars based on volume spikes and candle size, it highlights potential momentum shifts, breakouts, or reversals. This tool is ideal for traders who want to: Spot institutional buying/selling activity. Confirm trend strength using volume and price volatility. Filter noise by focusing on high-impact bars. Key Features Volume Spike Detection: Compares current volume to a moving average (EMA) of volume. Highlights bars where volume exceeds the average by a user-defined multiplier. Big Candle Detection: Identifies bars with a range (high-low) larger than the historical average range (EMA of candle ranges). Thresholds for "big candles" are customizable. Color-Coded Logic: White Bars: High volume + Big candle + Bullish (close > open). Orange Bars: High volume + Big candle + Bearish (close < open). Blue Bars: High volume + Regular candle + Bullish. Maroon Bars: High volume + Regular candle + Bearish. Input Parameters Volume Settings: Volume Period: EMA length for average volume calculation (default: 20). Volume Multiplier: Threshold multiplier for volume spikes (e.g., 1.25 = 25% above average). Candle Size Settings: Lookback Period: EMA length for average candle range (default: 7). Big Candle Multiplier: Threshold multiplier for large candles (e.g., 1.3 = 30% above average range). How It Works Volume Analysis: The indicator calculates an EMA of volume over the specified period. If the current bar’s volume exceeds Average Volume × Volume Multiplier, it’s flagged as a high-volume bar. Candle Range Analysis: The average candle range (high-low) is calculated using an EMA over the lookback period. A "big candle" is identified when the current bar’s range exceeds Average Range × Big Candle Multiplier. Combined Signals: High-volume bars are colored based on whether they are bullish/bearish and whether their range exceeds the big-candle threshold. Example: A white bar (high volume + big candle + bullish) suggests strong buying pressure with institutional participation. Usage Scenarios Breakout Confirmation: A white/orange bar at a support/resistance level may validate a breakout. Reversal Signals: A maroon/orange bar after a long trend could indicate exhaustion and potential reversal. Trend Strength: Clusters of blue/white bars during uptrends (or maroon/orange in downtrends) confirm momentum. Benefits Visual Clarity: Instantly spot high-impact bars without manually scanning volume or candle size. Customizable Sensitivity: Adjust multipliers to filter noise (e.g., increase for fewer signals). Universal Application: Works on all timeframes and instruments (stocks, forex, crypto). Notes Best Paired With: Trendlines, support/resistance levels, or momentum oscillators (e.g., RSI). Avoid False Signals: Use higher multipliers (e.g., 1.5) on lower timeframes to reduce noise.
Pine Script® indicator
by aloogobiparatha
7 Inside Bars with Full Range Box (15m)his indicator detects periods of extreme price compression by identifying 7 consecutive inside bars on the 15-minute timeframe. An inside bar is a candle that forms within the high and low of the previous candle. When 7 such bars occur in a row, it's a strong signal of market indecision and potential breakout. What it does: Detects if the last 7 candles are all inside the range of the 8th candle (the outer bar). Highlights the consolidation zone by drawing a fuchsia-colored box from the high to low of the outer candle. Marks the final candle in the sequence with a small "7IN" label below the bar. This setup can help traders spot high-probability breakout zones and prepare for potential volatility after extended consolidation. 🔍 Best Used For: Breakout trading Volatility expansion strategies Trade setups following tight consolidation
Pine Script® indicator
by kunaldaswani
Price Guide NQ### **Price Guide NQ - Indicator Description (English)** The **Price Guide NQ** indicator is designed to plot horizontal guide lines at specific price levels based on the **daily opening price** of the Nasdaq (NQ) index. Instead of dynamically adjusting with each new candle, the levels remain fixed throughout the trading day, providing a stable reference for traders. #### **Key Features:** - **Daily Open-Based Levels**: The indicator captures the market's opening price each day and calculates the price guide levels from that fixed point. - **Predefined Price Increments**: It plots **30 levels above and below** the opening price in increments of 10 points (e.g., 19810, 19820, 19830, etc.). - **Clear Visualization**: The guide lines are drawn with a **dotted style** and a neutral **gray color** to avoid cluttering the chart while providing key reference levels. - **Automatic Line Management**: Each time a new trading day starts, the previous day's lines are removed, and new ones are plotted based on the fresh opening price. #### **Usage:** This indicator is particularly useful for traders looking to identify psychological price levels or areas of potential support and resistance throughout the trading session. Let me know if you'd like any modifications or enhancements! 🚀
Pine Script® indicator
by EduWarlock
fractal candle The fractal candle technical indicator to identify potential trend reversals in financial markets. It works by counting a series of price bars and looking for specific patterns that indicate when a trend is likely to reverse. How the Indicator Works: Counting Candles: The indicator compares the closing price of the current candle with the closing price from 4 candles ago. If the current close is higher, the bullish (buy) count increases. If the current close is lower, the bearish (sell) count increases. When a count reaches 9 or 13, it may signal a trend reversal. Buy and Sell Setup: A buy setup occurs when there have been 9 consecutive candles where each close is lower than the close 4 candles before. This suggests a possible bullish reversal. A sell setup occurs when there have been 9 consecutive candles where each close is higher than the close 4 candles before. This suggests a possible bearish reversal. Support and Resistance Levels: The indicator tracks previous highs and lows during buy/sell setups to identify potential support and resistance levels. These levels can help traders decide where price might reverse or consolidate. Candle Coloring for Visual Aid: The script changes candle colors: Red for sell signals 📉 Green for buy signals 📈 Different shades for overshoot conditions (extended trends)
Pine Script® indicator
by MK_T-R-A-D-E-R