Volume Spike + Buy Signal (Improved) - by ad HuynhVolume Spike + Buy Signal (Improved) - by ad Huynh
Candlestick analysis
Trendline MAKThe simple moving average (SMA) is a straightforward technical indicator that is obtained by summing the recent data points in a given set and dividing the total by the number of time periods. Traders use the SMA indicator to generate signals on when to enter or exit a market. An SMA is backward-looking, as it relies on the past price data for a given period. It can be computed for different types of prices, i.e., high, low, open, and close.
In financial markets, analysts and investors use the SMA indicator to determine buy and sell signals for securities. The SMA helps to identify support and resistance prices to obtain signals on where to enter or exit a trade.
When generating the SMA, traders must first calculate this average by adding prices over a given period and dividing the total by the total number of periods. The information is then plotted on a graph.
The formula for Simple Moving Average is written as follows:
SMA = (A1 + A2 + ……….An) / n
Custom SMA (5/10/20/60)Moving Average Settings:
Supports enabling or disabling SMA 5, 10, 20, and 60.
All moving averages are enabled by default.
Color and Line Width:
The color and width of each moving average can be freely adjusted through input options.
Line width ranges from 1 to 5.
10% Drop from Current High - Akshay10% Drop from Current High TradingView Indicator
Description:
The "10% Drop from Current High" indicator dynamically tracks the highest price within a user-defined period and highlights when the current price drops by a specified percentage. This tool is invaluable for traders looking to monitor significant pullbacks or corrections from recent highs.
Key Features:
Customizable Drop Percentage:
Allows users to set the percentage drop to track, with a default value of 10%.
Configurable via an input field to suit different trading strategies and market conditions.
Lookback Period:
Tracks the highest price over a user-defined lookback period (default is 20 bars).
This ensures the indicator adapts to short-term or long-term market conditions based on user preferences.
Dynamic Levels:
Current High Level: Plots the highest price within the lookback period in blue.
Drop Level: Plots the calculated drop level (e.g., 10% below the current high) in red.
Visual Alerts:
Background Highlighting:
A translucent red background appears when the current price is at or below the drop level, signaling a significant pullback.
Shape Marker:
A downward label is plotted below the bar when the price touches or falls below the drop level, providing cSet Alerts:lear visual feedback.
Overlay on Price Chart:
The indicator is plotted directly on the price chart (overlay=true), ensuring seamless integration with other technical analysis tools.
Use Case:
This indicator is designed for traders who want to:
Monitor Pullbacks:
Identify when the price of an asset experiences a defined percentage drop from its recent high, signaling potential reversal zones or buying opportunities.
Use visual cues to react quickly to price movements.
Analyze Trends:
Combine with other indicators to assess the strength of trends and corrections.
Customization Options:
Drop Percentage: Adjust the percentage drop to track based on asset volatility and trading strategy.
Lookback Period: Modify the lookback period to focus on short-term (e.g., 5 bars) or long-term (e.g., 50 bars) price highs.
This indicator provides a flexible and intuitive way to track price pullbacks, helping traders make informed decisions and stay ahead in dynamic market conditions.
Confirmación de short n0Confirmación de cruce bajista en MACD en el marco de 15m.
RSI moviéndose hacia 50 en los marcos de 15m y 1h.
Volumen creciente en velas rojas como confirmación de presión vendedora.
Long/Short Signal Predictor with Debug - DaniyalThe script only generates signals when the specific conditions for a long or short position (RSI, MACD, EMA, volume spike, and candle patterns) are met. If none of these conditions are true for the given candles, no signals will appear.
Missing Overlay Setting:
Ensure the indicator is added to the main chart (not the separate pane). This script is designed to overlay signals directly on the price chart.
Volume Data:
If your asset lacks sufficient volume spikes, it might not trigger the signal. The script filters based on volume exceeding a threshold.
15min Candle Scanner with Date SelectorPlease select the date from the input box.
This scanner will scan the percentage change of the first 15min candles (including wick)
True Bitcoin DominanceThis indicator calculates Bitcoin's actual market dominance by excluding major stablecoins (USDT, USDC, BUSD, DAI) to show BTC's real market influence. It provides a more accurate representation of Bitcoin's dominance in the active trading market by removing stable assets.
Features:
Removes stablecoins' market cap for accurate dominance calculation
Custom color scheme: Green (#26a79b) for bullish and Red (#ef5351) for bearish candles
Based on CRYPTOCAP:BTC.D data
Non-repainting indicator using OHLC data
Helps traders identify true Bitcoin market cycles and dominance trends
Use this tool to better understand Bitcoin's actual market strength relative to other cryptocurrencies without stablecoin distortion.
True Total Altcoin Market CapThis indicator calculates the real total altcoin market capitalization by removing Bitcoin, Ethereum, and major stablecoins (USDT, USDC, BUSD, DAI) from the total cryptocurrency market cap. It replaces the standard price bars with custom-colored candlesticks showing the true altcoin market movements.
Features:
Excludes BTC, ETH, and major stablecoins for accurate altcoin market analysis
Custom color scheme: Green (#26a79b) for bullish and Red (#ef5351) for bearish candles
Based on CRYPTOCAP:TOTAL data
Helps traders focus on pure altcoin market trends
Non-repainting, using standard OHLC data
This tool provides a clearer view of altcoin market strength by filtering out the influence of major cryptocurrencies and stablecoins.
Base CandleThe Base Candle Indicator highlights candles where the body is less than 50% of the total range (high - low). These candles represent periods of equilibrium between demand and supply, indicating potential zones of consolidation or market indecision.
Traders can use this tool to identify key areas of balance, which may precede significant price movements or serve as important support/resistance levels.
Percentage price changeThis indicator marks bars whose values increase or decrease by an amount greater than or equal to the value of the specified parameter as a percentage. Bars that meet the condition are marked with labels, boxes and colors. In addition to the standard method of calculating the percentage change at the closing price of the current and previous bars, the indicator allows you to choose non-standard calculation methods (at the prices of opening and closing the current bar, as well as at the prices of the maximum at the minimum of the current bar). You can choose to display the percentage changes of individual bars as well as a series of bars. You can select the number of bars in a series of bars. You can also apply filters by the direction of the bars in the series or by the percentage of individual bars in the series.
It is important to remember that in version 5 of Pine Script™, the maximum possible number of labels and the maximum possible number of boxes cannot exceed 500!
There are several main parameters that can be changed in section PARAMETERS FOR CALCULATION:
1. 'Bars count' - The number of bars for which the percentage rise or fall is calculated.
2. ‘Percentage change’ - sets the price change as a percentage. Bars with a price range above or equal to the specified value will be marked on the chart.
3. ‘First and second points of calculation’ - the first and second points for calculating the percentage change. Here you can set several different values for the calculation:
- 'Cl.pr., Close' - Closing price of the previous bar and closing price of the current bar (or a series of bars) (these values are used for the standard calculation of the percentage change on the chart).
- 'Open, Close' - Opening and closing prices of the current bar (or a series of bars).
- 'High|Low' - Highest and lowest price of the current bar (or a series of bars).
- 'Cl.pr.|High|Low' - Highest or lowest price of the current bar (or a series of bars) (depending on whether the bar is going up or down) or closing price of the previous bar for first point (one of these values is automatically selected, which gives a larger result, depending on whether there is a gap between these values). Highest or lowest price of the current bar for second point.
In the LIMITS section, you can set the following parameters.
1. ‘Only for the last bar’ - If this option is selected, the indicator will be applied only for the last bar (or series of bars).
2. 'Only bars in one direction' - A condition that takes into account sequences from the selected number of bars going in only one direction. If at least one bar has a different direction from the other bars, then such a sequence will not be taken into account. This only works if the 'Bars count' is > 1.
3. "Cut off higher values" - This field cuts off higher values. Bars with a price range above or equal to the specified value will not be marked on the chart. This can be used in some cases to make the chart less loaded with data and more visual. Of course, you can also use this option however you want.
4. ‘Min percent in series of bars’ - If the value 'Number of bars' is > 1, then a series of bars is taken into account, in which the percentage change of individual bars is greater than or equal to the set value.
In the DATE RANGE section, you can set the limits of the time and date range in which the calculation will be performed. In some cases, this can be used in order not to exceed the limit on the number of labels or boxes, which cannot exceed 500. Of course, you can also use this option however you want. By default, the date range is unlimited.
'Timezone offset, hours' - It is used only for the correct display of the limits of the date range in the parameter table.
In the PRICE INCREASE LABELS and PRICE REDUCTION LABELS section, you can define the design of labels bars and boxes, such as colors, shapes, sizes, and location. You can set the colors of the bars separately on the Style tab. On the Style tab, you can also turn on/off the display of frames, labels and color markings of bars.
The PARAMETER TABLE section is designed to adjust the display of the table for a more visual display of the selected values of all parameters on the Arguments tab. Depending on which values have been set and which parameters have been enabled or disabled, the table will change its appearance, display or hide some rows. A single line 'Total found' will be displayed all the time. It shows the count of bars that meet the condition and count of labels or boxes used in the diagram. Since the bars are labeled with labels or boxes, their number cannot exceed 500 for Pine script version 5.
1. 'Pos.' - sets the main position of the table on the screen.
2. 'X off.', 'Y off.' - You can set the offset of the table along the X and Y axes. This option can be useful to avoid overlapping multiple tables if you want to use two or more instances of this indicator on your chart. The minimum value is -30, the maximum is 30. Positive values shift the table to the right on the X axis and up on the Y axis. Negative values shift the table to the left on the X axis and down on the Y axis.
3. 'Font color' - The font color in the table.
'Warn. font color', 'Warn. backgr. color' - The font and background colors in the 'Total found' row in the table. If the number of labels or boxes exceeds 500, the font and background will be colored in these colors.
4. ‘Font size’ – Sets the font size in the table.
5. 'Show hours and minutes in date/time range' - changes the date and time format of time range from {yyyy.MM.dd HH:mm} to {yyyy.MM.dd}.
6. 'View all params' - used to display all parameters, even those duplicated in the main line of the indicator.
7. ‘Title’ – If desired, you can make a header for the table.
The last row of the table shows the number of bars found that meet the conditions. Since these bars are marked with labels (in the case of one bar) or boxes (in the case of series of bars), the limit that can be marked on the chart is 500. Exceeding this value will be displayed in the table and additionally highlighted in red font. This will signal that not all bars found are displayed on the chart.
On the Style tab, you can turn the table display on/off.
First 5-Min High/Low 2024Mark first 5mins high and low which will help in marking the lines on the chart.
SHIB Buy/Sell StrategyThis strategy is designed for SHIB coin trading and uses two key indicators, RSI and MACD, to determine buy and sell signals. The strategy triggers:
Buy: When RSI falls below 30 (oversold) and MACD crosses above the signal line.
Sell: When RSI rises above 70 (overbought) and MACD crosses below the signal line. The goal is to identify profitable entry and exit points in volatile market conditions.
Hammer/Inverted Hammer Alerts with MMAHammer Candle: Detects when the lower wick is significantly larger than the body, with a small upper wick.
Inverted Hammer Candle: Detects when the upper wick is significantly larger than the body, with a small lower wick.
MMA40 & MMA100 Touch: Checks if the candle touches or crosses the MMA40 or MMA100 lines.
Alerts: Custom alerts for each condition.
MrCriptonite SessionsUn script para el gran MrCriptonite. Este scripts detecta las Kill Zone en las sesiones de NY y Londres.
Auto Support & Resistance 1. Dynamic Timeframe: Allows you to choose Daily, Weekly, or Monthly pivot point levels.
2. Pivot Type: Supports Traditional, Fibonacci, and Camarilla pivot point calculations.
3. Support and Resistance Levels: Plots up to three levels of support and resistance.
4. Custom Lookback: Allows users to specify the number of bars to look back when calculating pivots.
5. Overlay Display: Displays levels directly on the price chart for better visualization.
Señales de Compra/Venta (RSI + MAs) indicador tecnico de trading que de señal de compra y señal de venta. para determinar cuando es momento de comprar se basa en el indicador rsi, la media mobil de 200 y la media movil de 20
Strict Reversal Candle PatternCorrect Logic:
Bullish Reversal:
The current bullish candle must have a low lower than the low of the previous candle and a high higher than the high of the previous candle.
It must close above the previous high.
Bearish Reversal:
The current bearish candle must have a low lower than the low of the previous candle and a high higher than the high of the previous candle.
It must close below the body (open or close, whichever is lower) of the previous bullish candle.
Take Double Action PriceThe "Take Double Action Price" (TakeDAP) indicator is a comprehensive tool designed for TradingView, offering a wide range of features to help traders identify key price action patterns, trend directions, and potential trading opportunities. This indicator combines multiple technical analysis methods, including Exponential Moving Averages (EMAs), cloud trends, super trends, and various price action patterns, to provide a holistic view of the market.
Key Features:
Price Action Settings:
Position Loss %: Allows traders to set the potential loss of a position as a percentage, which is used to calculate the required leverage.
Fixed Leverage: Option to enable or disable fixed leverage.
Set Leverage: Specify the total capital when using fixed leverage.
Total Capital: Define the total capital for leverage calculations.
Price Action Patterns:
Pin Bars: Identify pin bars with customizable colors.
Outside Bars: Detect outside bars with customizable colors.
Inside Bars: Recognize inside bars with customizable colors.
PPR Bars: Identify PPR bars with customizable colors.
Candle and Line Customization:
Customize the colors of candles, wicks, borders, and labels.
Adjust the length of label lines, take lines, and stop lines.
Trend Settings:
Show Cloud Trend: Option to display the cloud trend.
Cloud Lookback Period: Define the lookback period for the cloud trend.
Cloud Highligher Colors: Customize the colors for uptrend and downtrend highlights.
Cloud Trend Transparence: Adjust the transparency of the cloud trend.
Exponential Moving Average (EMA):
Show EMA: Option to display EMAs.
Fill EMA: Option to fill the area between EMAs.
EMA Source: Select the source for EMA calculations.
EMA Lengths and Colors: Customize the lengths and colors for up to nine EMAs.
Offset and Transparency: Adjust the offset and transparency of EMAs.
Super Trend:
Show Super Trend: Option to display the super trend.
ATR Lengths and Factors: Customize the ATR lengths and factors for the super trend.
Super Trend Colors: Customize the colors for uptrend and downtrend highlights.
Super Trend Transparence: Adjust the transparency of the super trend.
EMA Trend Bands:
Show EMA Trend Bands: Option to display EMA trend bands.
EMA Trend Deviation: Customize the deviation for EMA trend bands.
EMA Trend Highligter Colors: Customize the colors for uptrend and downtrend highlights.
EMA Trend Transparence: Adjust the transparency of EMA trend bands.
ATR Trend Bands:
Show ATR Trend Bands: Option to display ATR trend bands.
ATR Length and Smoothing: Customize the ATR length and smoothing method.
ATR Take Multipliers: Customize the take multipliers for ATR trend bands.
ATR Trend Highligter Colors: Customize the colors for uptrend and downtrend highlights.
Price Action Signals Source:
Select the source for displaying price action signals based on the price position.
Alerts:
All Price Actions: Alert for any price action pattern formed.
Only Pin-bar: Alert specifically for pin-bar patterns.
Usage:
The "Take Double Action Price" indicator is designed to be a versatile tool for traders, providing multiple layers of analysis to help identify potential trading opportunities. By combining price action patterns with trend analysis and moving averages, traders can gain a comprehensive understanding of market conditions and make more informed trading decisions.
Customization:
The indicator offers extensive customization options, allowing traders to tailor the settings to their specific trading strategies and preferences. From adjusting the colors and lengths of various elements to selecting the sources for trend and price action signals, traders can fine-tune the indicator to suit their needs.
Explanation
Pin Bar Detection
The function shouldColorCandle takes the open, close, high, and low prices of a candle as inputs.
It calculates the body size (A), the upper wick size (B), and the lower wick size (C) of the candle.
conditionpinDN: A downward pin bar is detected if the upper wick (B) is at least twice the size of the body (A) and the lower wick (C).
conditionpinUP: An upward pin bar is detected if the lower wick (C) is at least twice the size of the body (A) and the upper wick (B).
The function returns two boolean values: conditionpinDN and conditionpinUP, indicating whether the current candle is a downward or upward pin bar, respectively.
PPR Bar Detection
The function isPPR takes the open, high, low, close prices of the current candle and the previous candle (openPrev, highPrev, lowPrev, closePrev) as inputs.
It checks if the current close price is greater than the previous high price and if the previous open price is greater than the previous close price for a bullish PPR.
It checks if the current close price is less than the previous low price and if the previous open price is less than the previous close price for a bearish PPR.
Outside Bar Detection
The function isOutsideBarAbsorption takes the open, high, low, close prices of the current candle and the previous candle (openPrev, highPrev, lowPrev, closePrev) as inputs.
It checks if the current close price is greater than the previous high price and if the current low price is less than the previous low price for a bullish outside bar.
It checks if the current close price is less than the previous low price and if the current high price is greater than the previous high price for a bearish outside bar.
Line Plotting:
The script builds lines for stop and take profit levels, the multiplier of which can be changed in the settings.
For PPR and outside bars, it builds lines based on previous highs or lows with take profit and stop factors.
For Pin bars, it builds lines based on the long wick of the candle with take profit and stop factors.
Leverage Calculation:
The script calculates the stop value based on the high and low prices of the previous and current candles.
It then calculates the leverage value as a percentage of the stop value (the "X:" on the label).
The leverage value is calculated based on the leverage percentage or the fixed leverage value if enabled.
The position value is calculated based on the capital, shoulder percentage, stop value, and set leverage.
EMA Trend Calculation:
Calculates the standard deviation of the selected EMA multiplied by the deviation multiplier and calculates the upper and lower deviation bands and displays the required ones relative to the current price and the short term EMA.
ATR Bands Calculation:
Calculate the upper and lower ATR bands around the selected ATR source and multipliers and determine which ATR band to plot based on the position of the closing price relative to the ATR source.
EMA Extension:
Calculates the absolute difference between the 3rd EMA and the 5th EMA and store previous values when there is a change
A bullish extension is detected if the current difference is greater than the previous difference and 3rd EMA is above 5th EMA.
A bearish extension is detected if the current difference is greater than the previous difference and 3rd EMA is below 5th EMA.
Plots shapes (triangles) on the chart to indicate the detected extensions.
Precision Swing Point V2.0 - [Gozlan]"Precision Swing Point V2.0," is well-structured and aims to highlight specific conditions in the chart while factoring in time zones and user configurations. Here's a quick breakdown and a couple of improvements or fixes to consider:
Key Features:
Multi-Symbol Analysis:
Incorporates three symbols (Symbol 1, Symbol 2, and Symbol 3) and compares their open/close values to derive candle states (green/red).
Highlighting Conditions:
Green: When Symbol 2 is red and Symbol 1 is green.
Red: When Symbol 2 is green and Symbol 1 is red.
Blue: When Symbol 3 is green and Symbol 1 is red.
Custom Time Highlights:
Allows users to specify times for highlighting specific bars.
Timezone Flexibility:
Time calculations adjust based on user-defined UTC offsets.