This is a composite indicator, a collection of multiple indicators. Includes: 1. in the simple RSI oversold and overbought area, I rewritten the RSI index of pine, which is more in line with the change of the relative intensity of rise and fall. 2. the red and green column line to the top is rewritten by William w% index. The red and green column indicates the top...
It is hard to know which party plays a vital role in the candle. Sometimes we see a red candle/ Seller's candle very weak, but still, the market continues. Here, I tried to figure out how much strength buyers/sellers possess in their respective candles. The idea is simply to measure the area between high and low and then calculate the opposite party's oppression...
The Whisker Reversal Oscillator can be used to spot strength or weakness in trends. It is designed for stocks, commodities and forex trading, and is intended to be calculated from the high, close, low, and open over a given length. Features: The Whisker Reversal Oscillator shows the average length of the top and bottom whiskers on candlesticks over a defined...
Indicator that shows buy/sell signals based on price action and volume as it relates to a double EMA. If the candle is above the double EMA, we look for candles with long wicks on the top indicating selling pressure. If the candle is below the double EMA , we look for candles with a long bottom wick indicating buying pressure. The user defined parameters are the...
The script allows you to plot the opening, highest, lowest and closing (ohlc) values of a previous candle. Settings : - "Time Frame" : allows you to choose the reference time frame; - "Offset" : sets which candle to select the data from. Ex : If you select "1 day" as the time frame and "1" as the offset, the OHLC values of yesterday's daily candle will be...
The Alertion indicator! impactful pattern: pattern that happen near the zone or in the zone at lower timeframe and give us entry and stop limit price. It is helpful for price action traders and those who want to decrease their risk. There are 3 IP patterns: Quasimodo Head and shoulder whipsaw engulfing These patterns may occur near the zone or...
Simply Editable Strat Numbers. Ones, Twos, Threes. The only complicated part is the twos. You can edit the twos depending on if they are red or green candles and if they are up or down.
The purpose of this script is to show/alert you when there is a 50% Strat Reversal. It works very well to find possible 3 candles. The arrows, and line can be turned on and off. You can change the 50% to say 45% so that you will be alerted before it actually hits the 50% retracement. The script will only alert if the reversal is a 2up red candle, a 2up...
This Indicator overlay candles from a timeframe input. Use it to see Higher Time candles on your current chart Heikin ashi optionnal
This is a inside candle strategy based trading identifier. The basic idea is this 1. It will identify entry point if the previous candle was fully engulfed under the one previous 2. Then depending on the trend and your other indicators/thought process - you can take an entry 3. It is normally a good idea to keep the low of the bigger candle as your SL
This indicator is designed to be used with Market Profile / Volume Profile trading techniques on a 30min chart. The halfback of a candle is the mid point between the high and the low of the candle. A halfback trade can be taken once price retraces into this point as support/resistance using the prevailing trend as your trade direction. One-Time-Framing is a...
Just a basic comparison of perps price vs spot price, you can select which exchanges for comparison
A simple script to filter out bullish and bearish engulfing candles. Size of candles can be filtered.
Order Blocks based on pivot reversal candle When a pivot High or Pivot Low is found and confirmed, a box will be plotted on the open and close values of that pivot candle You also have the ability to change the amount of candles the box stretches over as well as the colors of the bullish and bearish boxes How To Use:- Pivot points often provide Support and...
█ Overview Breakout Probability is a valuable indicator that calculates the probability of a new high or low and displays it as a level with its percentage. The probability of a new high and low is backtested, and the results are shown in a table— a simple way to understand the next candle's likelihood of a new high or low. In addition, the indicator displays...
A simple indicator that marks FULL CANDLE engulfing candles... current high > previous high current low < previous low bullish: close > open (triangle below) bearish: close < open (triangle above) A lot of the engulfing indicators available are body only. I created a FULL CANDLE indicator because that's what I prefer using. Can be useful for...
3 line strike - Basic chart pattern identification (Script code is now open to anyone to view) -Plots on the chart for you (the visual experience is their for the end user. They can see ‘why’ item plotted) i.e; patterns identified Bullish Why = Green candle + Green candle + Green candle + Red candle Bearish Why = Red candle + Red candle + Red candle + Green...
Identify bullish kicker candles on the chart. A bullish kicker candle occurs when the opening price is above the body of the previous candle. The previous candle must close lower than the open to qualify. Indicator Settings You can chose which shape and color to plot when a kicker candle occurs, as well as placement above, below or in a separate pane....