OPEN-SOURCE SCRIPT
Zaktualizowano Exhaustion Candle Indicator (ECI)
The Exhaustion Candle Indicator (ECI) is designed to help traders identify significant exhaustion points in price action. These points can indicate potential areas of interest where price may experience a change in momentum, providing insights into both continuation and reversal setups.
Key Features:
Exhaustion Candles: ECI identifies key exhaustion points by analyzing bullish and bearish candle patterns, helping traders spot potential support and resistance areas or moments of market pause.
Customizable Alerts: Built-in alert functionality allows traders to receive notifications when an exhaustion candle forms, providing timely updates for monitoring price action.
Time-Based Filtering: The indicator analyzes price action during peak trading hours (6 AM to 11 AM New York Time), reducing noise and focusing on more impactful market moves.
How It Works:
Bullish Exhaustion: Detects potential market hesitation or demand in a downtrend by spotting bearish-to-bullish candle patterns with long upper wicks.
Bearish Exhaustion: Identifies potential resistance or supply in an uptrend by spotting bullish-to-bearish candle patterns with long lower wicks.
Usage:
This indicator is ideal for traders seeking to understand points of potential market exhaustion, useful in both continuation and reversal setups. It can be used alongside other indicators and technical analysis methods to enhance trading strategies.
Key Features:
Exhaustion Candles: ECI identifies key exhaustion points by analyzing bullish and bearish candle patterns, helping traders spot potential support and resistance areas or moments of market pause.
Customizable Alerts: Built-in alert functionality allows traders to receive notifications when an exhaustion candle forms, providing timely updates for monitoring price action.
Time-Based Filtering: The indicator analyzes price action during peak trading hours (6 AM to 11 AM New York Time), reducing noise and focusing on more impactful market moves.
How It Works:
Bullish Exhaustion: Detects potential market hesitation or demand in a downtrend by spotting bearish-to-bullish candle patterns with long upper wicks.
Bearish Exhaustion: Identifies potential resistance or supply in an uptrend by spotting bullish-to-bearish candle patterns with long lower wicks.
Usage:
This indicator is ideal for traders seeking to understand points of potential market exhaustion, useful in both continuation and reversal setups. It can be used alongside other indicators and technical analysis methods to enhance trading strategies.
Informacje o Wersji
The Exhaustion Candle Indicator (ECI) is designed to help traders identify significant exhaustion points in price action. These points can indicate potential areas of interest where price may experience a change in momentum, providing insights into both continuation and reversal setups.Key Features:
Exhaustion Candles: ECI identifies key exhaustion points by analyzing bullish and bearish candle patterns, helping traders spot potential support and resistance areas or moments of market pause.
Customizable Alerts: Built-in alert functionality allows traders to receive notifications when an exhaustion candle forms, providing timely updates for monitoring price action.
Time-Based Filtering: The indicator analyzes price action during peak trading hours (6 AM to 11 AM New York Time), reducing noise and focusing on more impactful market moves.
How It Works:
Bullish Exhaustion: Detects potential market hesitation or demand in a downtrend by spotting bearish-to-bullish candle patterns with long upper wicks.
Bearish Exhaustion: Identifies potential resistance or supply in an uptrend by spotting bullish-to-bearish candle patterns with long lower wicks.
Usage:
This indicator is ideal for traders seeking to understand points of potential market exhaustion, useful in both continuation and reversal setups. It can be used alongside other indicators and technical analysis methods to enhance trading strategies.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.