The following script detects regular and inverted horn patterns. Detected patterns are displayed alongside their respective confirmation and take profit levels derived from the pattern measure rule. Breakout of the confirmation levels are highlighted with labels.
This script is a continuation of the educational idea regarding horns patterns.
This indicator is a set of indicators of :
Higher high and higher low
Auto Trend lines
Breaking out for long and short positions
OverSold and overBought in RSI
Alarm for every Label
as well as the ability to identify candles whose body is more than 50% of the total candle
If you like this...
Hello People of the Trading World...
Todays script is a basic concept of using Moving Averages and Candle Closes - this works best on Higher Timeframes and only in Bullish Conditions
"When the market is trending to the upside - we tend to see price overextend from the moving average and price revert back to the mean (Mean Reversion)"
You may ask why would...
This indicator tells you if a candle is above the average size, it takes into account not only the size of previous candles, but also the volume, adx and trend to filter bad entries, you can modify the values in order to get bettter results in different timeframes and markets, I have tested the default values in bitcon 5 min chart, feel free to do your own...
This indicator is probably based for the people who use HA candlestick chart and frequently have to switch between Japanese candlestick and HA candles. The worry is over with this simple indicator.
Now you can enjoy both candlesticks at the same time.
AHA allows you to have 2 EMAs (mostly used for crossovers). Default values set at 8/21 EMA which...
Tradingview Pinescript just introduced a new exciting ability to get intrabars candle information from a higher time frame chart!
This indicator is based on Tradingview example but with enhanced capabilities to show the percentage of intrabars opposite bars with the ability to display the mid-day candle close price drawn by a blue line.
This indicator can show...
This is a script based on the original "The Arty" indicator by PhoenixBinary.
The Phoenix Binary community and the TMA community built this version to be public code for the community for further use and revision after the reported passing of Phoenix Binary (The community extends our condolences to Phoenix's family).
The intended uses are the same as the original...
Indicator showing volume impulse & engulfing candlestick pattern.
You can set up multiple parameter for both events.
Volume Impulse :
Volume Period : Lenght of the average volume calculated.
Volume Multiplier : Factor to compare actual volume with average volume.
Engulfing Pattern :
VS avg body : Let you chose to compare body candle to...
Todays scripts is based on my Pullback And Rally Candles with other meaningful candles such as Hammers and Dojis.
You can choose which Candles to show on the cart and if you want to candles to appear above or below a moving average.
If you follow my work, you may recognise some of these candles which I'm about to show you however these candles are 1) more...
Inside bars occur when the range of a candlestick falls entirely within the previous candlestick's range. This indicates volatility contraction which often leads to volatility expansion, i.e. large price movements.
This indicator includes options such as:
- The number of consecutive inside bars required to trigger the indicator
- Signal lines to indicate the high...
Pullback Candle will signal when price is at the end of a pullback and entering a balance phase in the market (works on all markets)
Also we can expect a Pullback Candle during flash crashes as the theory of this script is when there is a turning point in momentum - this candle will appear and we can look long from this signal.
This candle will only work in...
Rally Candle will signal when price is at the end of a Rally to the upside and thus entering a balance phase in the market (works on all markets)
This candle works very efficient when the market is either trending downwards or in range markets where price is at resistance. (i would avoid in uptrends but depends on the trader)
Also we can expect this candle to...
This inverted hammer indicator has several options that help identify instances with a higher probability of success.
For example, inverted hammers may have a higher success rate when they:
- Breaks the previous day's high
- Close higher than the previous close
- Have a large upper wick
- Have a small lower wick
Play with the options on your chart of choice...
This is my first Pine Script attempt. Nothing special, just an "all in one" for the most common things I use, and what I have found to be the most common in a lot of strategies.
Great for free and limited accounts as it combines 7 total indicators into one.
-- First 5 indicators are Independant Moving Averages:
-Each one can be set for length, as well as source...
This script labels swing highs and swing lows as well as the candle pattern that occurred at that precise point. The script can detect the following 6 candle patterns: hammer, inverse hammer, bullish engulfing, hanging man, shooting star, and bearish engulfing.
The notations HH, HL, LH, and LL you can see on the labels are defined as follows:
HH : Higher...
This is Cumulative Delta Volume script. Delta refers to the difference between buying and selling volume at each price level. Cumulative Delta builds upon this concept by recording a cumulative tally of these differences in buying vs selling volume. The Cumulative Delta indicator plots as candlesticks or line. One of the main uses of Cumulative...
This script trades basic hammer and shooting star candlestick patterns.
It's an extremely simple strategy with minimal filters, and according to my personal manual backtesting and automated trading results, performs best on the Daily chart on certain forex pairs.
It is intended to be traded on the forex markets but theoretically should work on all...
This is a simple algorithm for a Tradingview strategy tracking a convergence of 2 unrelated indicators.
Convergence is the solution to my trading problems.
It's a puzzle with infinite possibilities and only a few working combinations.
Here's one that I like
- Engulfing pattern
- Price vs Moving average for detecting a breakout