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Candlestick analysis

Ichimoku Cloud with MACD and Trailing Stop Loss (by Coinrule)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future. The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals. The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in. The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line. The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up. The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down. The MACD is a trend following momentum indicator and provides identification of short-term trend direction. In this variation it utilises the 12-period as the fast and 26-period as the slow length EMAs, with signal smoothing set at 9. This strategy combines the Ichimoku Cloud with the MACD indicator to better enter trades. Long/Exit orders are placed when three basic signals are triggered. Long Position: Tenkan-Sen is above the Kijun-Sen Chikou-Span is above the close of 26 bars ago Close is above the Kumo Cloud MACD line crosses over the signal line Exit Position: Price increases 3% trailing Price decreases 3% trailing The script is backtested from 1 June 2022 and provides good returns. The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
Pine Script™ strategy
by Coinrule
1
SeongMo_MA_V3(Elliot_helper)Made to make it easier to count Elliott waves. If you renew your new high price, you'll continue your new high price When the new low is renewed, the new low is continued. If you are within the range of the previous candle, use the ratio of the difference between the median value of the previous candle and the closing price of the current candle to determine whether to continue the high or low price. If a can with a tail that updates a new high price and a new low price at the same time comes out, the phrase "Check_candle!" appears to mean that you should check it with a lower time zone candle.
Pine Script™ strategy
by suc1098
2
Divergence Finder (RSI/Price) with OptionsDivergence finder used to find BUY or SELL Signal based on a divergence between Price and RSI (Price goes UP when RSI goes down / opposite ) You can configure the script with several Options : Source for Price Buy Div : you can use the close price of the candle (by default) or use the high price of the candle for exemple. Source for Price Sell Div : you can use the close price of the candle (by default) or use the low price of the candle for exemple. Source for RSI Div : you can use the close price of the candle (by default) to calculate the RSI . Theses settings allow you to set a minimum RSI level to reach to activate the Divergence finder (p1 is the first point in time, and p2 is the second one): Min RSI for Sell divergence(p1) : this is the minimum RSI level to reach for the first of the 2 points of divergence (Default 70) for the SELL Signal Min RSI for Sell divergence (p2) : this is the minimum RSI level to reach for the second of the 2 points of divergence (Default 60) for the SELL Signal Max RSI for Buy divergence (p1) : this is the minimum RSI level to reach for the first of the 2 points of divergence (Default 30) for the BUY Signal Max RSI for Buy divergence (p2) : this is the minimum RSI level to reach for the second of the 2 points of divergence (Default 40 ) for the BUY Signal Theses settings allow you to set a minimum margin difference between our two points (p1 and p2) to validate the Divergence Min margin between price for displaying divergence (%) : Set a minimum margin (in % of the price) before the indicator validate this divergence Min margin between RSI for displaying divergence (%) : Set a minimum margin (in % of the RSI ) before the indicator validate this divergence Display Divergence label : Choose to display the price of the candle, and the RSI when a divergence is found Display tops/bottoms : Display where the tops and bottoms are calculated directly on the chart
Pine Script™ indicator
by genma01
1
Visualizing Displacement [TFO]An easy and basic way to visualize displacement (energetic moves) in single bars/candles. This is determined by comparing the bar range (either from high to low, or from open to close) to its standard deviation over some specified length. The strength parameter applies some multiple to the standard deviation, which can help to filter out only the strongest indications of potential displacement. Displacement is a key concept in Inner Circle Trader (ICT) concepts, especially when anticipating potential changes in trend. Although it's fairly easy to see "displacement candles" with large ranges, the bar coloring in this script can help remind us of who is in control (buyers or sellers) based on what side is creating those energetic moves most recently. Once we see signs of displacement, we can then apply concepts like premium/discount, order blocks, optimal trade entries, etc. to look for reasonable trade opportunities in the direction of the current trend. A lack of displacement can be just as telling - if an effort to displace through a key swing high/low has failed, it's possible that a reversal may be underway.
Pine Script™ indicator
by tradeforopp
16
Ross Hook Pattern (Expo)█ Overview The Ross Hook pattern is one of the most consistent and successful trading patterns that have been around for years. The Ross Hook is the first correction following the breakout of the 1-2-3 formation . This means that the Ross Hook only occurs in established trends. In other words, Ross Hook is a trend continuation setup. To fully understand the Ross Hook formation, you must understand the 1-2-3 pattern . Ross Hook Pattern (Expo) is an indicator designed to detect the Ross Hook formation automatically and in real-time in any market and timeframe. With the inbuilt alert feature, the Ross Hook Pattern (Expo) Indicator analyzes the market for you and notifies you when the Ross Hook formations have been found. █ How to use Use this indicator to identify the Ross Hook pattern and to find good trend continuation setups. The formation can be used to determine when a trend is confirmed and established. ----------------- 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. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Pine Script™ indicator
by Zeiierman
16
MMA V2 Indicator - BlastBest indicator for scalping on 5 min Timeframe Rules of trading For Long Entry When a candle break the line upside and you see (three white soldiers) enter for a long trade. Stoploss should be at lower of at line breaking candle and take profit should be 1.5 (three white soldier's first candle should break the line) For Short entry When a candle break the line downside and you see (three black crows) enter for a short trade. Stoploss should be at above of at line breaking candle and take profit should be 1.5 (three Black Crow's first candle should break the line) Special thanks goes to Venkatesh
Pine Script™ indicator
by MalikMMA
Cipher_B (Finandy support)In this version of the script you can force to cancel your position after some amount of time indepedently on price action. For example, your bot open a short position with SL=1% and TP=2.4% but price did not reach any of this level over the course of to say 8 hours. In this case, position will be closed regardless of the price. Other interesting features are volume and slope filters. Slope is essentially a derivative of price action. If you don't like to buy your instrument under high volatility, for example, if a trend goes down too fast then you can filter long position which could be opened according to the strategy. Same thing for volume filter. If the volume is too high/too low, you might want to escape such setup in your trading strategy. Moreover, you can tune price shift for opening position. To say, if you believe that the signal for opening position comes too early everytime, you can force the strategy to buy at 1% lower price than the current price when the signal comes. Similar logic for short: open position price will be always higher than the price of the signal. If the price did not reach such level then position will be automatically cancel with a new signal arrival. Check the backtesting results to understand better the logic.
Pine Script™ strategy
by Cherepanov_V
1-2-3 Pattern (Expo)█ Overview The 1-2-3 pattern is the most basic and important formation in the market. Almost every great market move has started with this formation. That is why you must use this pattern to detect the next big trend. In fact, every trader has used the 1-2-3 formation to detect a trend change without realizing it. Our 1-2-3 Pattern (Expo) indicator helps traders quickly identify the 1-2-3 Reversal Pattern automatically. By analyzing the price action data, the indicator shows the pattern in real-time. When the pattern is discovered, the 1-2-3 Pattern (Expo) Indicator notifies you via its built-in alert feature! Catching the upcoming big move can't be that much simpler. █ How to use The 1-2-3 pattern is used to spot trend reversals. The pattern indicates that a trend is coming to an end and a new one is forming. ----------------- 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. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Pine Script™ indicator
by Zeiierman
28
TSG's Binance Round NRs - only for BTCThis is good real-time / scalp indicator for those scalping Bitcoin. It is based solely on Binance's BTCUSDT Perpetuals, but can be used on any BTCUSD pair as I am requesting info directly from Binance's chart. IDEA I have spotted that many times, round nrs (most likely caused by algo-trading) mark a top / bottom on a trend. Many times have catched extremes because of this technique and I have now coded it into an indicator on TradingView. Feel free to test it out - It's not a 100% strategy - but if you spot round nrs around confluences - your odds go up big time. SETUP You are able to set the amount of candles you want to search for - default is 20. Ofcourse we look only for extremes, therefore it will only look for extreme highs and lows within the amount of candles of your input. HOW TO READ IT The indicator will mark only the last High and Low matching the criteria - above and below the candle with the price number. Good luck!
Pine Script™ indicator
by TheSecretsOfTrading
Electrocardiogram ChartThis is an attempt to develop alternative visualisation of financial charts. This script also makes use of new pine feature types which represents User Defined Object Types. You can refer to below documentation to understand more about this feature: www.tradingview.com www.tradingview.com 🎲 Structure of new chart components 🎯Instead of candles/bars, this type of chart contains Electrocardiogram blocks which resembles the heartbeat signals on electrocardiogram. Body color of the block is defined by the open and close prices of the bar. If close is greater than open, body is green. Otherwise, the body is painted red. Border color of the block is defined by the close prices of current and previous bar. If the close of current bar is greater than that of last bar, then the border color is green. Otherwise, border color is painted red. 🎯Inside each blocks there will be 5 connecting lines called the signal lines. open-open open-firstPeak(high or low of the bar whichever comes first) firstPeak-secondPeak(high or low of the bar whichever comes last) secondPeak-close close-close 🎯 Color of the signal lines are determined by which among the high/low of the bar comes last. If highest part of the bar reached after reaching the lowest part of the bar, then signal lines are coloured green signifying bullish sentiment towards the end of bar. If lowest part of the bar reached after reaching the highest part of the bar, then signal lines are coloured red signifying bearish sentiment towards the end of bar. Pictorial examples here: 🎲 Limitations with pinescript implementation Since, pinescript can only use maximum 500 lines and each block will take 1 box and 5 lines, it is not possible to display more than 100 bars. Each block of new Electrocardiogram chart will take the space of 7 bars of candlestick chart. Due to this, the alignment of regular OHLC candles is not inline with the new chart type. Background highlighting is done for the part of the OHLC candles where Electrocardiogram blocks are plotted so that it helps users to map the bars manually Thanks to @theheirophant for suggestion of name :)
Editors' picks
Pine Script™ indicator
by Trendoscope
49
Session candles & reversals / quantifytools— Overview Like traditional candles, session based candles are a visualization of open, high, low and close values, but based on session time periods instead of typical timeframes such as daily or weekly. Session candles are formed by fetching price at session start (open), highest price during session (high), lowest price during session (low) and price at session end (close). On top of candles, session based moving average is formed and session reversals detected. Session reversals are also backtested, using win rate and magnitude metrics to better understand what to expect from session reversals and which ones have historically performed the best. By default, following session time periods are used: Session #1: London (08:00 - 17:00, UTC) Session #2: New York (13:00 - 22:00, UTC) Session #3: Sydney (21:00 - 06:00, UTC) Session #4: Tokyo (00:00 - 09:00, UTC) Session time periods can be changed via input menu. — Reversals Session reversals are patterns that show a rapid change in direction during session. These formations are more familiarly known as wicks or engulfing candles. Following criteria must be met to qualify as a session reversal: Wick up: Lower high, lower low, close >= 65% of session range (0% being the very low, 100% being the very high) and open >= 40% of session range. Wick down: Higher high, higher low, close <= 35% of session range and open <= 60% of session range. Engulfing up: Higher high, lower low, close >= 65% of session range. Engulfing down: Higher high, lower low, close <= 35% of session range. Session reversals are always based on prior corresponding session , e.g. to qualify as a NY session engulfing up, NY session must have a higher high and lower low relative to prior NY session , not just any session that has taken place in between. Session reversals should be viewed the same way wicks/engulfing formations are viewed on traditional timeframe based candles. Essentially, wick reversals (light green/red labels) tell you most of the motion during session was reversed. Engulfing reversals (dark green/red labels) on the other hand tell you all of the motion was reversed and new direction set. — Backtesting Session reversals are backtested using win rate and magnitude metrics. A session reversal is considered successful when next corresponding session closes higher/lower than session reversal close . Win rate is formed by dividing successful session reversal count with total reversal count, e.g. 5 successful reversals up / 10 reversals up total = 50% win rate. Win rate tells us what are the odds (historically) of session reversal producing a clean supporting move that was persistent enough to close that way too. When a session reversal is successful, its magnitude is measured using percentage increase/decrease from session reversal close to next corresponding session high/low . If NY session closes higher than prior NY session that was a reversal up, the percentage increase from prior session close (reversal close) to current session high is measured. If NY session closes lower than prior NY session that was a reversal down, the percentage decrease from prior session close to current session low is measured. Average magnitude is formed by dividing all percentage increases/decreases with total reversal count, e.g. 10 total reversals up with 1% increase each -> 10% net increase from all reversals -> 10% total increase / 10 total reversals up = 1% average magnitude. Magnitude metric supports win rate by indicating the depth of successful session reversal moves. To better understand the backtesting calculations and more importantly to verify their validity, backtesting visuals for each session can be plotted on the chart: All backtesting results are shown in the backtesting panel on top right corner, with highest win rates and magnitude metrics for both reversals up and down marked separately. Note that past performance is not a guarantee of future performance and session reversals as they are should not be viewed as a complete strategy for long/short plays. Always make sure reversal count is sufficient to draw reliable conclusions of performance. — Session moving average Users can form a session based moving average with their preferred smoothing method (SMA , EMA , HMA , WMA , RMA) and length, as well as choose which sessions to include in the moving average. For example, a moving average based on New York and Tokyo sessions can be formed, leaving London and Sydney completely out of the calculation. — Visuals By default, script hides your candles/bars, although in the case of candles borders will still be visible. Switching to bars/line will make your regular chart visuals 100% hidden. This setting can be turned off via input menu. As some sessions overlap, each session candle can be separately offsetted forward, clearing the overlaps. Users can also choose which session candles to show/hide. Session periods can be highlighted on the chart as a background color, applicable to only session candles that are activated. By default, session reversals are referred to as L (London), N (New York), S (Sydney) and T (Tokyo) in both reversal labels and backtesting table. By toggling on "Numerize sessions", these will be replaced with 1, 2, 3 and 4. This will be helpful when using a custom session that isn't any of the above. Visual settings example: Session candles are plotted in two formats, using boxes and lines as well as plotcandle() function. Session candles constructed using boxes and lines will be clear and much easier on the eyes, but will apply only to first 500 bars due to Tradingview related limitations. Rest of the session candles go back indefinitely, but won't be as clean: All colors can be customized via input menu. — Timeframe & session time period considerations As a rule of thumb, session candles should be used on timeframes at or below 1H, as higher timeframes might not match with session period start/end, leading to incorrect plots. Using 1 hour timeframe will bring optimal results as greatest amount historical data is available without sacrificing accuracy of OHLC values. If you are using a custom session that is not based on hourly period (e.g. 08:00 - 15:00 vs. 08.00 - 15.15) make sure you are using a timeframe that allows correct plots. Session time periods applied by default are rough estimates and might be out of bounds on some charts, like NYSE listed equities. This is rarely a problem on assets that have extensive trading hours, like futures or cryptocurrency. If a session is out of bounds (asset isn't traded during the set session time period) the script won't plot given session candle and its backtesting metrics will be NA. This can be fixed by changing the session time periods to match with given asset trading hours, although you will have to consider whether or not this defeats the purpose of having candles based on sessions. — Practical guide Whether based on traditional timeframes or sessions, reversals should always be considered as only one piece of evidence of price turning. Never react to them without considering other factors that might support the thesis, such as levels and multi-timeframe analysis. In short, same basic charting principles apply with session candles that apply with normal candles. Use discretion. Example #1 : Focusing efforts on session reversals at distinct support/resistance levels A reversal against a level holds more value than a reversal by itself, as you know it's a placement where liquidity can be expected. A reversal serves as a confirming reaction for this expectation. Example #2 : Focusing efforts on highest performing reversals and avoiding poorly performing ones As you have data backed evidence of session reversal performance, it makes sense to focus your efforts on the ones that perform best. If some session reversal is clearly performing poorly, you would want to avoid it, since there's nothing backing up its validity. Example #3 : Reversal clusters Two is better than one, three is better than two and so on. If there are rapid changes in direction within multiple sessions consecutively, there's heavier evidence of a dynamic shift in price. In such case, it makes sense to hold more confidence in price halting/turning.
Editors' picks
Pine Script™ indicator
by quantifytools
12
[blackcat] L1 N-Shape AttackLevel 1 Background At the beginning of the stock price rise, the stock form is a buying point in the "N" shape. Function This form is the same as the "N" shape. What is pursued is the strength of the skyrocketing rise after the sharp rise and fall. The adjustment time in the middle of the N shape must not exceed 3-4 days! If it is an aggressive Changyang, the total adjustment cycle must not exceed 5 days. A simple summary is: skyrocketing + quick callback + skyrocketing again! There has been a solid sun candle in the early stage, and a real sun candle appeared again after a few days of adjustment. Key points of the N-shaped attack pattern: 1. The shorter the adjustment time, the better, indicating that individual stocks are already quite strong, and the rush to raise funds is quite obvious. It is best to only adjust for 1 day. The most extreme is a big rise and then a big fall and then a big rise. This is the most ideal. Adjust on 2 days and then follow. It is best to adjust the number of days below 5 days. The longer the adjustment time, the less obvious the effect. 2. The smaller the adjustment range, the better, and it is better if the lowest point during the adjustment period does not fall below the lowest point of the previous big rising candle. 3. It is more ideal if the closing price of the latter surge is higher than the highest price of the previous surge, and it is even more ideal if it exceeds the height of the adjustment period. 4. When selecting stocks, try to select stocks whose 20-day and 60-day moving averages have started to rise, preferably in a long-term arrangement. Market logic of N-shaped attack: The main force took advantage of the opportunity to pull out the first big positive candle in the early stage, and then took advantage of the profit taking or the index pullback, and there was a rapid 1-3 day downward kill, just returning to the initial position of the previous big positive candle, and then increased the volume again Rising to new highs. Remarks The long signal frequency is low. Feedbacks are appreciated.
Pine Script™ indicator
by blackcat1402
1
HeikinAshi / MS-Signal (HA-MS)Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- I would like to take the time to explain the indicators needed for trading among the two indicator formulas previously disclosed. The HA-MS indicator is an indicator created using the Heikin Ashi formula and the MACD formula. Therefore, the reliability of the indicator is considered to be high. If you want a comprehensive indicator, you can share the chart being published as an idea and use the MRHAB-T indicator. The shared indicators can be used without any restrictions if you are a paid member of TradingView. (Free members have many restrictions on sharing charts.) The MS-Signal indicator using MACD is an indicator composed of M-Signal and S-Signal lines. I made it possible to display the M-Signal line of the 1D, 1W, and 1M charts separately so that the trend can be checked on other timeframe charts. Therefore, by looking at the 15m chart or 1h chart to check the overall trend when trading, we prevented getting caught up in temporary volatility, that is, a whipsaw, and made this M-Signal line to be used as support and resistance. If you touch these M-Signal lines when a surge or plunge occurs, it means that there is a high possibility of indicating support or resistance. If the 5EMA line on the 1D chart rises above the 5EMA line enough to be called a soaring moving average, it means that there is a high possibility of a sudden movement. Therefore, the 5EMA line of the 1D chart is displayed separately so that it can be checked in time frames other than 1D (15m, 1h charts, etc.). This 5EMA line can also be used as support and resistance like the M-Signal line of the 1D, 1W, and 1M charts described above. The MS-Signal indicator is for viewing trends. So, if the price stays above the MS-Signal indicator and the MS-Signal indicator turns into a bullish sign, it means that the uptrend is likely to continue. Conversely, if the price stays below the MS-Signal indicator and the MS-Signal indicator turns to a bearish sign, then the downtrend is likely to continue. Therefore, even if it temporarily rises above the MS-Signal indicator, it cannot be said that it will show an uptrend unless it is converted to an uptrend. So, when the price surges and rises above the MS-Signal indicator, it is important to hold the price until the MS-Signal indicator turns into an uptrend. If the HA-Low line or HA-High line is passing through these movements, you should respond by looking at whether you are supported or resisted on these lines. The HA-Low line and the HA-High line are lines created for trading using Heikin Ashi candles. Therefore, it can be interpreted that if it is supported by the HA-Low or HA-High line, it is highly likely to show an uptrend. However, since the HA-Low and HA-High lines are calculated together with the RSI indicator, they are displayed on the chart as interactions. The HA-Low line is a line created near the low point, The HA-High line is a line created near the high point. Therefore, if it shows support at the HA-Low line, it is time to buy. And, if the price rises and rises above the HA-High line, it is likely to show a sharp movement. Because of this movement, the HA-Low line is called the buy line, and the HA-High line is called the soaring line. Since the HA-High line is a soaring line, if it is resisted by the HA-High line, it also means that there is a high possibility of a sharp decline. If you see support at the HA-High line, you can buy it, but as I said, it is a sharp rise line, so you have to respond from a short-term perspective. The Heikin Ashi body indicator is significant as it marks the first trend reversal. So, you can see the first reversal move, either when the price first makes a move from a downtrend to an uptrend, or when the price first makes a move from an uptrend to a downtrend. For example, if the price is in a downtrend and stops falling and moves sideways or rises slightly, the Heikin Ashi body indicator is likely to turn into an uptrend. If this turns into a bullish sign, aggressive buying is possible. However, since there is a high possibility that it will not rise higher and fall immediately, it is better to think of a trading strategy when it shows support by rising above the 5EMA line, HA-Low line, and MS-Signal indicator. Let's assume that from an uptrend in price, the Heikin Ashi body indicator turns to a downtrend. Then, if you touch the 5EMA line, the HA-High line, and the MS_Signal indicator, I think you can buy some time to think about a selling strategy. -------------------------------------------------- - It doesn't matter how you trade and what tools you use. What matters is whether you can create a trading strategy. We tend to spend more time on analysis like chart analysis, economic analysis. Also, many analytical techniques are studied to do this kind of analysis. I have spent a lot of time studying various analysis techniques and putting a lot of effort into using them in trading. However, I realized that acquiring all of these things did not make me a good trader. The indicators released today also do not mean much in reality. It merely provides minimal information for creating a trading strategy. I think it is better to put aside the idea of ​​investing a lot of time in chart analysis and economic analysis and proceeding with trading. Instead, I recommend spending a lot of time thinking about how to buy at the point or section you are trading, how to sell if the price rises, and how to stop loss if the price falls. Quickly learn that learning difficult analytical techniques doesn't make you profitable on your trades. I hope you understand. An analytical technique or tool that allows you to earn a steady income is the best technique. Creating a trading strategy is not difficult. It's just that it feels difficult because I haven't organized my thoughts until now. trading strategy 1. Investment period 2. Investment scale 3. Trading method and profit realization method You just need to think in order and then start trading. The most important thing in this trading strategy is the investment period. The most important thing is whether to trade the coin (token) you want to trade by investing for a period such as the same day, short term, mid term, or long term. This is because even though this first button is not connected properly, the following fund management and trading methods are all wrong. I hope the day will come soon when you can play with the movement of the chart and get away from wrestling with the chart. thank you. ---------------------------------
Pine Script™ indicator
by readCrypto
7
Candlestick - Kicker PatternNot many candlestick patterns hurt traders on the other side of the trade more than this signal, when it happens, think of it as kicking in the teeth, the pain is real. An upwards signal is painted when you have a two-bar formation, the one on the left is a bearish one whereas the successive one is bullish, when you have fat bodies in both candles, meaning the open is close to the high and the close is close to the low for the first candle, while the open is close to the low and the close is close to the high for the adjacent candle, the pain is ever more excruciating, the other important condition is the open of the first candle must be lower than the open of the latter one. The downwards signal is vice versa of the upwards signal.
Pine Script™ indicator
by FxCloudTrader
1
Tweezer PatternsTweezer top and bottom, also known as tweezers, are reversal candlestick patterns that signal a potential change in the price direction. Both formations consist of two candles that occur at the end of a trend, which is in its dying stages. The tweezer bottom candlestick pattern is a bullish reversal pattern that can be spotted at the bottom of a downtrend. It consists of two candles, where the first candle is in line with the bearish trend, while the second candle reflects more bullish market sentiment as the price bursts higher, in the opposite trend. The tweezer top candlestick pattern is of the same structure as the tweezer bottom, except for the fact that it happens at the end of an uptrend, and therefore, it is a bearish reversal pattern. The first candle is bullish, and it continues in the same direction, while the second bearish candle indicates that the trend may be changing soon. Both the bottom and top tweezers are only valid when they occur during uptrends and downtrends. Their appearance during choppy trading conditions is practically meaningless, and it signals the market indecision to move in either direction. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ indicator
by HPotter
8
Significance Condensed// Indicator Name: "Significance Condensed" // This is a "Multi-Indicator", which includes: // Custom Candlesticks with Bearish/Bullish Engulfing Body Fills, otherwise hollow. // 3 EMA's with user inputs + 2 Static EMA's // Continuous plots of high/low values with up to 3 overlapping timeframes. // Table: Contains the TICKER.ID, Current Price, Percent On Day (note that it does not work for extended hours charts well), Current Timeframe RSI Value(Adjustable), Spread(Difference from the Current Price to High value, 2 Static EMA displays, Upside/Downside(Percentile from Current Price to High/Low Range, respectively, and Volume(Daily Volume + Current Bar Volume) //CANDLESTICK DISCLAIMER // If you would like to use the custom candlestick plots, (hollow, else engulfing), that come along with this indicator, // be sure to disable the Candlestick Body, Wick, and Border under Chart Appearance; and then enable "Candlesticks Active" in the indicator settings. //Final Product. Finito. Done.
Pine Script™ indicator
by LvNThL
1
HOLP LOHP PivotCOINBASE:BTCUSD HOLP and LOHP based on John Carter's Mastering the Trade. HOLP stands for High Of the Low Period LOHP stands for Low Of the High Period This indicator is based on John Carter’s HOLP and LOHP from Mastering the Trade. The basic idea is to identify the session high and mark the low of the session high for a short entry, and vice versa for a long entry. The default look back period is set to 10 here, albeit John Carter didn’t specify a hard coded number but rather the use of experience and common sense. Option to turn on labels of the highs and lows of the pivots.
Pine Script™ indicator
by FxCloudTrader
BU4U SuiteThe BU4U Suite is the be-all, end-all indicator package, providing one of the smoothest table / candle marker experiences on the internet. BU4U Suite: The Indicator 4U Use the forbidden ancient method 'Hey How Ya Doin' " Candle Detection, a technique which historians previously thought to be forever lost. Set a custom percentage threshold to trigger 'Hey How Ya Doin' Candle Detection Boost your mood by trading with a near-photorealistic digital avatar (A whopping 50x50 resolution) Flip your avatar over 2 Change the shirt color of the digital avatar at will, using an interface so intuitive you won't need $9.4B in R&D to figure it out (see NASDAQ:META ). Cross-platform 100-person multiplayer to be added in future updates
Pine Script™ indicator
by meyerclaire