Candle wicks provide incredibly useful confluence and confirmation of price action and technical analysis. Quite simply a wick is formed by price being moved to an extreme by one side, then price being pushed back by the other side. This can show increased pressure by one side, reduced or increased momentum, or exhaustion by another side. This indicator while...
Regression Candles by ugurvu Regression Channel by Tradingview All Candlestick Patterns By Tradingview This script was combined for a friend of mine who needed this. This Script has regression candles by ugurvu, Regression channel and Candlestick patterns by tradingview. The intention was to fuse these together so more information can be processed on the cost of...
This indicator was made to help my friend. This indicator basically calculates the MOVE in percentage and shows the OHLC of candle in a label. -> Panel Index: How much index you want the label to be. -> Show Candle OHLC: Shows Open High Low and Close of the candle in the panel/label -> % Calculation Mode: 1: Calculated by Candle Wick Low to Candle Wick...
Candlestick Channels return channels whose extremities converge towards the price when a corresponding candlestick pattern is detected. This allows for us to obtain more reactive extremities in the presence of a cluster of candlestick patterns. The detected candlestick patterns are also highlighted with labels on your chart automatically. Settings Trend...
Line Chart with circles as a subchart. The circle will appear only after the candle has been confirmed. Things you can change: - Source: open, high, low, close, hl2, hlc3, ohlc4, hlcc4 - Color: change the color of the line and the circles have fun with it!
Sneaky Volume An experimental script that marks the highest and lowest candle of the day with above average volume. New candles that meet the criteria will repaint until daily close How to use They can be interpreted in a number of ways. Potential sign of consolidation, reversal, continuation or retest zones. Use on own discretion. In action
This indicator splits the candle time into 30 units to indicate where the price was at each time. In the case of a 1-hour time zone, 60 minutes / 30 = 2 minutes, so this display the location of the price every 2 minutes. In case of 1 minute time zone, it is displayed every 2 seconds. CAUTION If a transaction does not occur, the display may be omitted. You...
Filter: If green candle is 'x' % above moving average than colour of candle is turn in blue colour. If red candle is 'x' % below moving average than colour of candle is turn in orange colour.
This script was designed to work and feel like the built in RSI script but with a lot of added feature that traders might enjoy. You get to see the RSI represented as candle sticks OR Heikin Ashi. I have added in Connors RSI as a bonus so you can see what this lesser used study looks like in candle form. Just like in the original script I have moving averages and...
The candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles. The scale is relative to price fluctuation and the size of the candles for the particular ticker / market, so there are no significant levels. A cross on the zero line would generally indicate a change in trend / sentiment. This indicator...
Heikin ashi chart so powerful that you can understand trend direction easily. But sometimes, this type of chart doesn't update properly and make no sense on real time. So I made this script. You can now change candle stick style default to heikin ashi (default / modified version) on the real time default chart without switching heikin ashi chart. Enjoy traders!!!...
hello traders.. I think it would be awesome if traders using a candlestick price action have a candlestick pattern screener. so you just have to screen the securities, crypto, forex, commodities, spot the candlestick pattern easily and then you can set up trades.. This is a multi time frame candlestick screener, consist of: 1. Bullish & Bearish Kicker 2....
Simple "Market Profile" script to help visualize where high volume nodes are occurring on higher-time frame candles. Historical lookback is visually limited based on the number of candles TradingView provides on the chosen timeframe. The script calculates the buy/sell pressure on the timeframe chosen, and aggregates volume up to the higher timeframe of choice...
Candle Overlay and Change from Open Percentage This script is free for all to use was designed to be non-cluttering for those who like their charts clean. This script features two things: 1) An option to allow a candle overlay over the existing stock/security in a charting window. - By default, the additional candle overlay uses the same ticker you're currently...
Do price action and volume really need to be on separate graphs? Why not display them both on a single graph and reduce the clutter? Presenting Equivolume candles here on TradingView - inspired by the NinjaTrader implementation This indicator allows you to view traditional OHLC candles but with the additional ability to see relative volume through variations of...
Master Candle Definition A master candle can only exist when 4 consecutive candles after it consolidate within the candle’s range (high and low). Basically, a master candle should engulf the 4 following candles Common Belief Literature suggests it be used as a breakout strategy. When a master candle is formed, they assume the 5th,6th or 7th candle are...
Library "heikin_ashi_candles" This library is programmed to calculate the Heikin Ashi candles using the standard formula of Heikin Ashi Candles. Notice the Heikin Ashi chart type isn't 100% like the results from this calculation. You can import this library in your code to use it as a smoothing method for your strategy which operates on the standard chart...
This indicator is a predictive tool using Heikinashi to calculate shifts in trade direction. It works by reverse-engineering the regular candle stick closing price required, to flip the Heiken Ashi candle from Red to Green and vice-versa. Below, is an earlier indicator that I released and created. This plots this price as an oscillator, which allows traders to...