Last year, I saw someone using the candle innovation called "RSI Candle" or "RSIC". so let me have the idea of making RSIB. the Candlestick was Steve Nison in the 1990s. He introduced the concept from Japan to America and published it in the book "Candlestick Course". Welles Wilder is the creator of the relative strength index. after several years of commodity...
I didn't find a study for Inside bar as I wanted. Therefore I wrote a one with PineV4. This may help you to see inside bars.
It can recalculate and works with either (opens-closes) or (highs-lows)
It's been a long time coming, but here is a versatile vline() function applicable to PSv4.0+ utilizing line.new(). I decided to finally figure this out at the request of another member recently. I have been waiting myself for months, but it's now time for an idea who's time has come to unleash upon planet Pine Script. It's a handy little function I believe will be...
This scriptlet is a part of an ongoing project and attempts at volume and dollar bar identification. The original idea is taken from excellent books 'Hands-On Machine Learning for Algorithmic Trading' (2019) by Stefan Jansen and 'Advances in Financial Machine Learning' (2018) by Marcos Lopez de Prado.
Statement of Purpose
I am an advocate of Open source and...
The Two Versions of this Indicator I learned from Two Famous and Highly Successful Traders. This Indicator shows With No Lag Clear Up and Down Trends in Market by Documenting Clearly If Bulls or Bears are in Control. The Version In SubChart 1 Shows Consecutive Closes if the Current Close is Greater than of Less than the Midpoint of the Previous Bar (Why Midpoint...
Volume Based Coloured Bars:
Most of the time traders are confused about if the price movements were supported by VOLUME .
This indicator colors the bars into volume weighted signals...
When prices go down bars are red and contraversely when up, bars are green. Additionally we have two more colors for each
PRICE BARS ARE:
DARK RED when prices go down...
This startegy based on 3-day pattern reversal described in "Are Three-Bar
Patterns Reliable For Stocks" article by Thomas Bulkowski, presented in
January,2000 issue of Stocks&Commodities magazine.
That pattern conforms to the following rules:
- It uses daily prices, not intraday or weekly prices;
- The middle day of the three-day...
Get higher time frame candles overlaid on a lower timeframe chart.
Add 1H candles on 1M or 1D on 30M
Overlaid candles feature wicks and multiple display options to customize appearance.
Add the indicator multiple times to get MTF (multiple time frames) all on one chart.
B3 Buyer-Seller Breakouts = If a bar is showing that it is moving in a direction with highs lows and close, all of which are >respectively< moving against the open from the bar before, then it prints indicating buyers or sellers bringing momentum. The arrows and cloud carry into the next bar to give lots of awareness of the micro-term momentum. The cloud...
Adds aesthetic ability to charts by allowing the trader to change the color of the bars, background, and plots using HEX colors, rather than TradingView's limited color selector box. This makes for easy application of color palettes to charts. The color palettes can be saved as indicators and applied quickly, as desired.
Is Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback
(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
RED Bear Candle while VOLUME is...
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