This simple indicator will help identify the 123 Patterns on the charts. It's build based on the zigzag indicator, which will work as a guideline to identify the 3 points. As soon as the price crosses the third point, the indicator will draw 3 lines: entry, take profit, and stop loss. Those lines will work as a reference and may help with other indicators. This...
Crypto Trader X Candelstick Patterns this andicator contain all candelstick patterns Bullish & Berash Engulf Candel, Doji & Dragonfly Doji Candel, Hammer Candel, Hanging Man Candel inverted Hammer Candel, Shooting Star Candel, Marabuzo black & White Candel, Spinning top black & White candel Abandoned Baby Bearish, Abandoned Baby Bullish, Gravestone Doji...
I read somewhere that candles can easily confuse the eye, making it easy to lose focus. We get distracted by the size of the candle body and the candle's color without paying attention to its true range and how it compares to that of the previous candle. With Up or Down? you get two signals. The blue arrow below lets you know that the candle's current low and...
I wanted to apply an RSI filter to some of the new Candlestick Patterns (in the indicators tab) since some of them looked to be quite effective for picking reversals. Turns out it's a pretty good pairing. You can modify the RSI length in addition to the upper and lower thresholds. I also added in check boxes to combine different bullish and bearish patterns. The...
// Name: Reversal Candlestick Pattern Detector // Condition: // 1-up move: last n candles, 3/5 move higher; and/or the last is the highest in past n bars // 2-down move: last n candles, 3/5 move lower; and/or the last is the lowest in past n bars // // Show Bullish reversal pattern in down move; Show Bearish reversal pattern in up move; // //Reversal...
The script displays a label when a candle stick pattern is detected based on Trends. This is related to the latest Candlestick patterns released in TradingView. I've created this to have all candlestick patterns in one indicator. Candlestick Patterns can be one of confirmation of a trend you're following or a reversal. DISCLAIMER: For educational purposes only....
I combined all the build-in candlestick patterns scripts into one single script so anyone who does not have a Pro plan can display all the patterns in the same chart. Leave a comment for any feedback!
Hi, Here I have collated all of the in-built TradingView candlestick patterns into one indicator. It works on all time frames and can be useful for candlestick traders to quickly spot patterns forming on any chart. It also allows for all individual patterns to be set up as seperate alerts within the same indicator. Any issues/suggestions/requests let me know. Enjoy!
This script is the perfect strategy for the all mighty shark-32 pattern. It shows the power tussle between demand and supply before either of them finally gives up.
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument. They have their origins in the centuries-old Japanese rice trade and have made their way into modern day price charting. It’s important to note that candlestick patterns aren’t...
This is a Moving Average indicator base on R/S which design for Chinese. 这是一个基于均线作为移动支撑阻挡的用法而设计的指标。 本脚本的目的在于帮助使用中文的人了解该指标,特别是其用法。同时将该指标代码添加完整的中文注释,方便使用中文的人学习Pine语言。 均线移动支撑阻挡的用法是葛南维八大买卖法则的基础。 本指标的特色 本指标利用均线的支撑阻挡效应来捕捉一段长期趋势的第二段行情。 *万有引力:即均值回归理论。认为价格始终在重复着远离其均值,再回到其均值; *洛希极限:以均线为中心,以其0.2标准差构建其上下轨道,形成一个容错通道; 指标可调节参数 该指标有三个可设置的参数 1 短周期均线参数:默认为20; 2 ...
Custom SMA with custom range in pips It recognises candle patterns hammer engulfing three black crows and white soldiers and HE hammer entry, for strategy, hammer with candle confirming trend
This indicator will identify Spinning Tops, Dojis and Evening Stars.
Hello Traders, In the book "Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market" by Franklin Ochoa, Four different types of reversal systems were introduced and candlestick patterns are used to find reversals. I will not write a lot about the book, you should get/read it for yourself. There are many great ideas in the book, Candlesetick...
Very basic script to help discretionary traders with their candlestick pattern analysis This script shows a colored arrow on top or below the candlestick indicating a bearish/bullish inside bar formation also shows text with "bull" or "bear" on top of the candle when a bullish or bearish engulfing pattern surges. big thanks to the pinescript reference manual &...
Candlestick Patterns - Candlesticks are graphical representations of price movements for a given period of time. - There are candlestick patterns that try to predict the final direction, caused by pressure between buyers and sellers. As a general recommendation, use the candlestick patterns in the same direction of the current trend (continuations), for...
This indicator aims to identify areas of price compression, by looking for two consecutive "inside candles" on the 4h chart. An inside candle is simply when the current candle's high is lower than the previous candle's high, and the current candle's low is higher than the previous candle's low. Once price compression is identified, the indicator draws a range...
DcPi stands for dark cloud and piercing , This is a very reliable pattern for intraday trades. Precondition- Whenever a big move is followed by gap(up/down) open next day. Trade Setup- Wait for price to enter in previous day range. Aggressive traders can enter trade as soon as price enters previous day range, safe traders can wait for 1st 5 minute candle...