made using Instagram ai lollll. I don't know how long this should be but it is based off of holding zones
highest function is used to calculate the highest high of the last 10 bars (2 weeks ago). We compare this with the 2 weeks ago close to check if the latest high is greater than or equal to it. Similarly, we compare the latest close with the 2 weeks ago close and check if the latest volume is greater than 2,000,000. If all of these conditions are met, it generates...
Reflete a força dos candles e divergências do preço com o indicador.
This indicator marks entry/stop loss price . Price moved with the model "ICI" , mentioned by mentfx, which means Impulse Correction Impulse, aka, expansion-contraction-expansion. colored bar means expansion, blue dash noted stop loss price in contraction stage(below bar for bullish or above bar for bearish), yellow dash noted entry point(above bar for...
### Detailed Analysis of Market by UsdStream Pre 4 Indicator The UsdStream Pre 4 indicator is designed to perform a multi-faceted analysis of the market by integrating several components that together provide a comprehensive strategy for trading. Here’s a more detailed explanation of how each component of the indicator works together to analyze market...
This indicator displays transitions of candles from red to green and from green to red on a chart, with the ability to set an adjustable percentage threshold. When a candle transitions from red to green and the percentage change exceeds the specified threshold, a red to green transition signal is issued. Similarly, when a candle transitions from green to red and...
This Pine Script code is designed to identify and plot Marubozu candlestick patterns on a trading chart. Marubozu candles are characterized by having very small or non-existent wicks (shadows) and a large body, indicating strong buying or selling pressure. The script first calculates the body size and wick size for both red (bearish) and green (bullish) Marubozu...
Inside Bar Detection: The function isInsideBar() checks if a bar is an inside bar, meaning its high is lower than the previous bar's high and its low is higher than the previous bar's low. Inside bars are highlighted with an orange color. Bearish Candlestick Patterns: Bearish Engulfing: When the current candlestick's body completely engulfs...
Multi-TimeFrame Support and Resistance w/ Strength Rating Short Description: This indicator identifies key support and resistance levels on your chart and rates their significance based on a unique strength rating system. By analyzing price action across multiple timeframes, it helps you make informed trading decisions and understand the market structure more...
The innovative TRN Bars are designed to help traders to analyze markets in an intuitive way. It combines three core concepts: TRN Bars to see the current trend and reversals (replaces the default chart bars) Bar Ranges to highlight consolidations Dynamic Trend to see the overall trend. First, let's have a look at each of these concepts individually....
The "Bullish Candlestick Patterns With Filters" is a trading indicator that identifies 6 core bullish candlestick patterns. This is further enhanced by applying channel indicator as filters, designed to further increase the accuracy of the recognized patterns. 6 CANDLESTICK PATTERNS Hammer Inverted Hammer Bullish Engulfing The Piercing Line The...
The inside bar pattern is characterised by two consecutive candlesticks that often suggest a period of consolidation or indecision in the market. Traders and analysts can find value in identifying the setup as it can provide insights into potential future price movements.
The script uses the previous candle of the current timeframe to assess the state of the current candle. 1. Previous candle high/low and midpoint are displayed 2. Highlights current bar if INSIDE previous candle 3. Highlights current bar if POTENTIAL OUTSIDE bar. This condition uses the logic that if the previous high/low has been swept and price then reaches...
The Long Bar Highlighter is designed to detect long bars that exhibit significant price expansion beyond recent price levels. It highlights bars that exceed the length of the previous four bars, marking them for their potential importance in market movements. Additionally, the indicator plots directional shapes based on the closing prices, which helps traders...
Morning and Evening Star Patterns with Divergence This indicator combines various technical signals to identify potential buy and sell opportunities in the market. It incorporates Morning Star and Evening Star candlestick patterns, along with bullish and bearish divergence signals, to help traders make informed decisions. Features: Morning and Evening Star...
Quick History: I was frustrated with a standard fixed percent TP/SL as they often were not receptive to quick market rallies/reversals. I developed this TP/SL and eventually made it into a full fledge strategy and found it did well enough to publish. This strategy can be used as a standalone or tacked onto another strategy as a TP/SL. It does function as both with...
USE: ADXCONFIG: Purpose: Select the range for the strength required in the ADX for our alert condition. This setting allows traders to define the threshold at which the ADX indicates sufficient market momentum for trading decisions. USETRENDLOGIC: Function: Utilizes the trend EMA to make long entries when the price is above and short entries when it is below the...
Inside bars occur when the current bar's high is lower than the previous bar's high and the current bar's low is higher than the previous bar's low. The script changes the color of inside bars to orange for better visualization.