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...
Hello Everyone. Almost one year later, with Pine version 4, I developed new version of the Divergence for many Indicator. It analyses divergences for 10 predefined indicators and then draws line on the graph. Red for negatif divergence (means prices may go down or trend reversal), Lime for positive divergences (means prices may go up or trend...
This script gives you grey crosses above or below the candles when it spots a doji canldle. We have been able to code in alerts:)
Welcome! It's my pleasure to bring a fully customized indicator based on @h0dl2100K's HA candle trading system. Through concerted efforts to bring automated trading systems from some of the best technical traders around, SignalFI provides the following features that were approved by @h0dl2100K: Background This system is based on the popular HA candle system...
This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points. Generally HH and HL shows up-trend, LL and LH shows down-trend. If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script...
This indicator allows you to specify price zones in which to detect basic candlestick patterns. In the example above, I have specified the most immediate support and resistance zones on GBP/USD and set the script to detect engulfing candles. If a bearish engulfing candle occurs within the resistance zone a signal will be generated; likewise for bullish engulfing...
I have collected the four PivotBoss indicators into one big indicator. Eventually I will delete the individual ones, since you can just turn off the ones you don't need in the style controller. Cheers. Wick Reversal When the market has been trending lower then suddenly forms a reversal wick candlestick , the likelihood of a reversal increases since buyers...
Basic candle patterns marker marks: - Doji stars - Doji graves - Doji dragonflies - Hammers - Reversed hammers - Hanging mans - Falling stars - Absorption up/down - Tweezers up/down - Three inside ups/downs
Doji & hammers marker marks: - long/ short doji star ( marks as doji star ) - doji grave - doji dragonfly - hammer - falling star - hanging man - reversed hammer
Doji detector marks doji candles. Can find: - short / long Doji star ( marks as Doji star ) - Doji grave - Doji dragonfly
This is the volume script I use on all my charts. The idea is to emphasize trend bars with green and red. Highish volume doji bars are colored yellow to point out range compression churn areas which can often be the turning point of a trend.
This is a first draft of a candlestick pattern recognition study. As of now individual candles and some two-candle patterns can be identified. More to come ...
This is a candlestick where the open and close are the same. WARNING: - This script to change bars colors.
With the right knowledge on price action and this indicator you would be able to make great trades. This unfortunately only works on 1Day chart as of yet. I will design it different in the near future to suit everyone trading desire. Also I designed it on Forex charts so if you want to try on other charts you are more than welcome to try and see if it...
This script the following indicators. Support and Resistance (lines) MACD Crossover (Crossing arrow under each candle where MACD crosses) 50, 100, 200 Simple Moving Averages (orange lines) 10, 20 Exponential Moving Averages (turquoise and pink lines) Doji reversals (turquoise candles) Inside Bar (white diamonds under each inside bar candle) TD time indicator...