Inside Bar: Inside Bar is defined as, " when candle body range falls within previous day candle body". Some of us take the whole prices range . Here i have taken only the price range of the body of tehecandle. I have created an indicator to identify Inside bras and draw target levels on both the sides. Traders can easily convert it into a strategy and...
This script is based on Nilly River Theory, and shows up, down, inner and outer bars according that concept. it can be used for trend recognition. blue after blue candles show continuation of an upward trend. red after red candles show continuation of a downward trend. gray candles are members of the trend they are within. An opposite candle color to previous...
Pinbar Detector is a technical analysis tool designed to detect Pinbar patterns in financial markets. Pinbars are reversal patterns that indicate a potential change in trend. This indicator is based on an existing Pinbar detector in MQ4/5 format, originally developed by "earnforex". The PineScript version is written to work in TradingView, and can be applied to...
In the context of general equities, opening price that is substantially higher or lower than the previous day's closing price, usually because of some extraordinarily positive or negative news. Opening gap using as a potential target which market usually trades to.
The "ATR Pivots" script is a technical analysis tool designed to help traders identify key levels of support and resistance on a chart. The indicator uses various metrics such as the Average True Range (ATR), Daily True Range ( DTR ), Daily True Range Percentage (DTR%), Average Daily Range (ADR), Previous Day High ( PDH ), and Previous Day Low ( PDL ) to provide a...
Ever wonder how candles would look on a chart if they were tracked by calendar day instead of market days? Option(s)- 📅Custom start date for candle formation ✖️Candle multiplier 🌈Up / Down Colors Features- 📋Displays candle data with invisible plots Use Move to Existing Pane to Overlay on chart. Can only display a max of 500 candles!
What This Indicator Does The Forex Master Pattern uses candlesticks, which provide more information than line, OHLC or area charts. For this reason, candlestick patterns are a useful tool for gauging price movements on all time frames. While there are many candlestick patterns, there is one which is particularly useful... The Engulfing Pattern An engulfing...
What this Indicator Does This indicator is a very simple tool created specifically for experienced Straters. It was created for those Straters who fully understand the 1-2-3 Strat Scenarios, are in need of an easy to use tool, and do not want or need a lot of messy markings on their chart. The indicator simply allows the user to color code the Strat 1, 2 ,3...
Indicator identifies potential price trend exhaustion. Compares this period against the 4th prior period for the condition. 9 periods (or more) with the same condition is an indicator that the trend is ending soon.
Renko Emulator - Rev NR - Released 12-29-22 By Hockeydude84 Simple script to Emulate Renko Charting behavior on standard candle stick charts. Code provide capability to select between standard(ish) Renko bricks (in this code it's defined by percent vs ticks/value), or an ATR brick option. For ATR bricks, the code provides an option to inhibit emulator movement...
OHLC Tool allows you to display Current or Historical OHLC Values as horizontal lines that extend to the right on your chart. Features Variable Lookback to display a specific historical bar's values. Default = 1 (Previous Candle) Customizable Timeframe to view HTF Candle values. Custom Line Colors, Styles, and Thicknesses. Price Scale Value Display...
Based on standard TradingView "Gaps" indicator, but modified so that the gaps are displayed until fully closed (not jus paritally like the original indicator).
Real Price Line + Dots (for Heikin Ashi) This indicator is designed for use on Heikin Ashi charts. Its purpose is to enable traders to benefit from price averaging and smoothing effects of Heikin Ashi candles whilst also enabling them to see the current real price line, and optionally, real price close dots on the Heikin Ashi candlesticks. Features include:...
ROCCS is a standardized rate of change oscillator with "error bars". Rate of change helps traders gauge momentum in a market by comparing the current price with the price "n" periods ago. What makes this special is you get to see the momentum of the momentum via the candle view. The candle transformation utilizes a moving average to smooth the signal however this...
Mark Structure Show is building the market swing structure, minor and sub structure and marks all possible insignificant pivots This indicator is the alternative version of Mark Structure indicator, I had to create another indicator in order to avoid programming limitation of TreadingView. This version uses confirmation approach as confirming by body, it means...
Tweezer top and bottom, also known as tweezers, are reversal candlestick patterns that signal a potential change in the price direction. Both formations consist of two candles that occur at the end of a trend, which is in its dying stages. The tweezer bottom candlestick pattern is a bullish reversal pattern that can be spotted at the bottom of a downtrend. It...
In this indicator I have transformed the %K line into adjustable candles. Because of this I have increased the length of the %D line to be more useful in this context. It is worth noting that you get the same momentum indication as %D set to 4 just because of the default candle transform setting. Incase you need to brush up on how stoch works here is the built in...
Hammer and Shooting Star This indicator identifies Hammer and Shooting Star candles and marks them with a respective label. It uses a set of predefined fibonacci levels to measure the size of the body in comparison to the overall size of the candle. You can change the fibonacci level according to your preferences. You can enable a confirmation of the Hammer or...