This is an updated and final version of this indicator. This version distinguishes between the true Harami and the other Doji candlestick patterns as used with the Heikin Ashi candle charts. These candle patterns indicate a potential trend reversal or pullback.
The patterns identified are:
- Bearish Harami (Red Highlight above Bar):
One to three...
This indicator combines a number of PAC types into one indicator and will replace some of my previously PAC scripts (some were not published).
It draws a Moving Average (MA) channel based on various boundary criteria. Even though the MA choices are not limited to SMA and EMA, these would be the your first choices with most PAC requirements, feel free to experiment...
This script detects an event created by Oliver Velez, basically it is a wide-range candle, its range is noticeably larger than the previous candles, this event indicates a possible continuation of the movement, or the beginning of an extended movement. The candle has to be of good body, as a rule it can be taken that the body must be more than 70%. The stop goes...
Inside Bar + False-Breakout = Fakey pattern
A Fakey pattern can have a pin bar as the false-break bar or not. Fakey’s are a very important and potent price action trading strategy because they can help us identify stop-hunting and provide us with a very good clue as to what price might do next.
Hi Everyone
Usually I need Price Change info and I believe most of you need this info too. I want to see how it increased/decreased. I automate this by using Pivot Points.
it works dynamically and it uses Pivot Highs and Pivot Lows accordingly. That means it calculates which one to use.
Please watch following video:
Enjoy!
This is another interesting take on candlesticks . These Bearish-Bullish Candles do not show the wicks. Instead, the upper wick is made into a Red body and the lower wick is made into a Green body. If you match the candle body color in the chart settings (or turn off the candles completely), you get a unique way of seeing how Bearish or how Bullish a candle is...
The script combines my favorite signals then filters them with three EMAs.
Via the Style tab, you can choose to either have the signals color the bar and/or plot a shape above/below.
All signals can be turned off via the Inputs tab, which will remove the bar color and/or shape (if not already off in the Style tab) as well as remove the pattern from the alerts...
This indicator gives a clear indication of price action swing-points as well as an indication of whether it is a higher, lower, or equal swing point relative to the last high/low.
This script detects an event created by Oliver Velez, it is a wide-range candle with a small body and a long tail (hammer-type candle), its range is noticeably larger than previous candles, as a rule it can be taken that the body should be maximum of 30% of the total range of the candle with a long tail. The stop goes under the tail and the signal is given when...
EMA 89 and Hull MA 89 used to filter trading signals and working as support and resistance.
When both of them are red, market is bearisk, only short.
When both of them are green, market is bullish, only long.
when there is 1 green and 1 red, market is neutral, can short or long.
Enjoy and happy trading!
You can follow me there: www.facebook.com you are welcom!
This idea is based on the Donchain Channel centre line Price action. When price moves from the highest/lowest point, the price will move to the center line first. At this point, the center line acts as dynamic support/resistance and often price will bounce back up. However, if price successfully breaks the centre line (primary entry condition), then prices...
Another simple indicator from the sweet indicator series, This is a combination of the Volume and Price Trend Meter indicators combined (Links below) into one indicator called PVTM (Price Volume Trend Meter).
PVTM measures the strength of price and volume pressure on a histogram.
The indicator sums up all green candles price and volume and red candles price and...
This script automatically draws rectangles around bars inside IB pattern.
Note :: because Pinescript does not allow changes to already drawn charts on historical bars, checkbox "show only last box" doesn't work for arrows
This price action indicator uses the higher timeframe SSL channel to identify trends.
The long entry signal is a bullish candlestick pattern when the price retraces to EMA20 in an uptrend.
The short entry signal is a bearish candlestick pattern when the price retraces to the EMA20 in a downrend.
Currently, this indicator shows engulfing patterns, pin bar...
This is an indicator that draws support and resistance zones / levels based on price action in and around Keltner Channels.
There are 3 different modes;
Draw zones based on price breaking the upper band
Draw zones based on price breaking the lower band
Draw zones if price stays within the bands for a prolonged period of time.
You can also decide if...
Today I bring an amazing strategy that works for 1h time frames for silver.
Its made of price actions movement combined together with MACD and simple moving average
It does not use neither stop loss/take profit levels. Instead it will always exit at the next candle after it opens a trade.
The rules are the next one :
For short condition : we have a bull candle,...
![BTCPERP: Price Action [Morty]](https://s3.tradingview.com/a/A2XSWX5J_mid.png "Price Action [Morty]")
