Description: The Bearish Elephant Candle Indicator is designed to identify and signal potential short entry points based on the Bearish Elephant Candle pattern. This pattern is characterized by a large bearish candle, where the body (difference between open and close) is more than 70% of the entire range (difference between high and low), and the total range is...
**WORKS BEST ON 30M TIMEFRAME** This indicator, titled "Untested Levels with Timeframes" is designed to identify and visualize price levels within different timeframes that have not been tested recently. Here's a breakdown of its benefits and usage: Identifying Untested Price Levels: The indicator helps traders identify support and resistance levels that...
Overview The Capitulation Candle for Bitcoin and Crypto script identifies potential capitulation events in the cryptocurrency market. Capitulation candles indicate a significant sell-off, often marking a potential market bottom. This script highlights such candles by analyzing volume, price action, and other technical conditions. Below is a detailed presentation...
Single Prints - Bright is a Pine Script indicator designed to identify and visualize significant price levels based on the concept of "single prints." Single prints are price levels where trading activity occurred but with little or no follow-up trading. This indicator plots these levels as lines on the chart, allowing traders to easily identify areas of potential...
The Inner Circle Trader has noted that the Opening Price of every Hourly candle can be used in a Power Of 3 (PO3) context. If Bullish, buy BELOW the hourly open. If Bearish, sell ABOVE the hourly open. The Power of 3 ICT model also know as "AMD" is a transformative trading strategy, ingeniously designed to streamline your time analyzing charts by...
Are you looking for a dead simple calculation of the Heikin Ashi candles as they are calculated in tradingview? Here it is! I was looking through the library and I saw that many have come up with a lot of awesome scripts using heikin ashi candles. But, I can't find anywhere that had the straightforward simple version of how Tradingview calculates them. This was a...
Overview The "Candle Size with Moving Averages and Alerts" indicator is designed to provide traders with a visual representation of the size of each candle. This is useful for identifying periods of high volatility or significant price movements. The indicator also offers moving averages of the candle sizes and customizable alert thresholds to notify traders of...
The Wyckoff Method Market Cycle Indicator is a powerful tool designed to help traders identify the current market phase based on the principles of the Wyckoff Method. This indicator analyzes price action and volume patterns to determine whether the market is in an accumulation, markup, distribution, or markdown phase. The Wyckoff Method, developed by Richard D....
The "Support Resistance & Ema" indicator combines various strategies to assist traders in identifying significant support and resistance levels on the chart and in following trends through exponential moving averages (EMA). This script is designed to be versatile and useful in different trading strategies. Key Features: Support and Resistance: It utilizes pivot...
third candle breakout strategy for accurate trade , if it breaks high , go for buy and if its breaks low go for sell , truly for intraday only
Simple script which shows current price for very small unit value assets (Less than 0.001) in more easily readable format ('Scientific notation' / 'Subscript notation'). I wrote this after getting tired of counting the tiny zeros on the price scale. It displays the price in large font, using the subscript notation similar to that used on some crypto...
Below is the Pine Script code for TradingView that creates an indicator with three user-defined moving averages (with default periods of 10, 50, and 100) and labels for buy and sell signals at key crossovers. Additionally, it creates a label if the price increases by 100 points from the buy entry or decreases by 100 points from the sell entry, with the label...
How It Works Initialization of Dynamic Levels: The first candle's high and low are taken as the initial dynamic high and dynamic low levels. If the next candle's close price is above the dynamic high, the candle is colored green, indicating bullish conditions. If the next candle's close price is below the dynamic low, the candle is colored black, indicating...
This script is designed to calculate and display the Average True Range (ATR) based on the last 5 bars on a daily (D1) chart. The ATR is a key indicator used to measure market volatility by decomposing the entire range of an asset price for that period. Additionally, the script provides a visual representation of the percentage of the current day's range relative...
Doji Patterns will be found based on 3 conditions - Check if Open-close difference is a certain percentage of High-low difference Check Upper & Lower wick sizes are greater than respective min threshold values Check if the difference of Upper & Lower wick size is higher than the min threshold value The threshold values are predetermined based on the...
Name: LumleyTrading Gaps Description: The Gap Tracker Indicator is a powerful tool designed for traders to identify, monitor, and capitalize on price gaps in financial markets. It serves two primary functions: Identifying Gaps: The indicator scans price action to detect instances where the current trading session's opening price significantly differs from the...
This script serves as the "Engulfing Candles" indicator in TradingView. Here's what it does: - It identifies bullish candlestick patterns where the current candle's high is lower than the previous candle's high, the current candle's low is higher than the previous candle's low, the current candle's close is higher than the previous candle's close, and the current...
This Pine Script indicator calculates and visualizes the price movement for each candlestick on the chart. - **Calculation**: The price movement for each candle is determined by subtracting the opening price from the closing price. - **Visualization**: The price movement is plotted as a histogram, with positive values indicating upward movement (green bars)...