Narrow Range (NR) trading strategy is a breakout-based method that assumes that the price of security trends up or down after a brief consolidation in a narrow range. This indicator can plot: 1. Narrow Range (NR) 4, 7, and 21 2. Narrow Range (NR) 4, 7, and 21 + Inside Bars (IB) NR 4/NR 7/NR 21 day acts as a confirming factor on where the price will move further....
█ OVERVIEW This script is built to search for 8 different Doji candlestick patterns in markets and makes them appear on screen with bar coloring and creating color-coded labels/shapes. It will identify the following variants based upon user input for various rules to abide by: Gapping Up Gapping Down Gravestone Dragonfly Long-Legged Rickshaw Man ...
This indicator allows you to filter noisy pin bar chart, with pin bars which have been rejected from dynamic support/resistance level also named as 21 Moving Average. I would consider to work only on higher time frames like 1H and higher, so you really can find only best entries. Have fun, write your feedback in the comments section:) P.S This is the first...
Pin Bar is one of the most important candlestick patterns. Almost every time you see a pin bar, you can expect the price to turn in the opposite direction. You should pay more attention to the abnormal ones among the pin bars. What I mean by abnormal pin bar is that the long leg is at least 3 times larger than the body. With this indicator, you can set your own...
CBTV - Candlesticks Based on Traded Volume This is the first robust implementation of volume based candlesticks (bars) on TradingView. This type of bar was describe in the book "Advances in Financial Machine Learning," written by Lopez de Prado, a well-known quant who has managed billions of dollars over the course of his career. Volume Candlesticks (Bars)...
1 - Objective 2 - How to use (Theory) 3 - How to use (Grade System) 4 - Inputs 5 - Extras and Alerts 6 - Notes Objective This script aims to mark 3 Bar play patterns (both short and long) by identifying them on the chart, with an arrow pointing up from long and down for short. Aswell, setting alerts based on grade. Following the base concept, this script comes...
This script changes the color of the candles based on uptrend (green), downtrend (red), neutral/chop (yellow). It uses an ATR and Pivots to determine the direction, or lack of. Since all markets move differently and market volatility changes, you will need to adjust the settings to find a potential match for the day. It's pretty simple to use. Just enter in the...
Common Candlestick Patters Highlighter. - TLS: Three Line Strike (Bearish and Bullish) - AB: Advance Block - IB: Inside Bar
Overview of Features This indicator was inspired by the work of "informanerd" in the script called "HTF Candles" as well as the built-in script called "Multi-Time Period Charts" by TradingView. The script will provide a highly customizable interface to specify the higher timeframe resolution for the candlesticks, the type of candle, as well as various styling...
Calculates Fair Value Gap (FVG) as a counter and plots it below price. FVG Counter value resets to +ve or -ve once the FVG counter reverses direction. Use this script to find a bias to trade with. Best used on HTF (like 1W, 1D), so the bias can be transferred to LTF (like 4H, 1H). If you end up using this script, please leave a comment below on how you used it. I...
Hi Crypto traders, As many of you, while trading in altcoins, it is important to look at their BTC pairs also. That is why I created a script like this. It works under these conditions: 1- The coin you are looking for must have BTC pair in the exchange of the chart. ( If an exchange does not have ADABTC while it has ADAUSDT, the script wont work ) 2- The pair...
IMPORTANT! Get the other indicator I Ching Hexagrams Part 1 for the full set! Here is the first half of the I Ching's hexagrams. Each candle generates a hexagram at close, based on that candle and the previous 5. A green candle is yang and a red candle is yin. In this way, price action generates a hexagram. Use this to generate a hexagram for the day or even...
IMPORTANT! Get the other indicator I Ching Hexagrams Part 2 for the full set! Here is the first half of the I Ching's hexagrams. Each candle generates a hexagram at close, based on that candle and the previous 5. A green candle is yang and a red candle is yin. In this way, price action generates a hexagram. Use this to generate a hexagram for the day or even...
SL Hunter Tracker coded by Bogdan Vaida SL Hunter Tracker is a meticulous hunter that tracks SL hunters. First it plots the fractals on the chart, then it draws lines from them to the last wick that touched that height. You can add sweep alerts, once per bar close, so that you get notified when a wick was touched. Tested on: EURUSD 30'
Tradingview has a good line chart, but I wanted to make it even more awesome. Some shortcomings which this line chart enhancer script fixes Colors up move as green, down move as red (you can change them as you like) Plots high and low - so that one can be aware about what the price is doing To achieve the look with markers as shown above Goto Symbol...
Simple scripts show the wide range bars within in the look back period, visualizing the bigger momentum. Added four exponential moving averages which define the trend of the instrument. Wide range candles in the direction of overall trend on higher timeframes; give confluence of higher participation in the same direction. Note : Decent volume above the average...
RELATIVE STRENGTH INDEX (RSI) This is a tool that is widely used Especially for Overbought and Oversold systems, but I have made some changes in this indicator, How to use it...! I have set it as the default setting - RSI Length: 7 - Overbought: 70 - Oversold: 30 What is unique about this tool? we can see 3 conditions: 1) RSI Overbought / Oversold with...
Creating candles from value stats as an experiment. These candles will almost always follow price candles except when there is a deviation. Strategies based on buying the dips can be applied better on value candles. This is because, drop in value candles imply real bargain whereas drop in price candles can also be due to some other factors. We can clearly see in...