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Candlestick analysis

Unified Sentiment Candles Overlay (SMA)Unified Sentiment Candles (SMA) Indicator The Unified Sentiment Candles (SMA) is a custom overlay indicator designed to provide a smoothed visualization of market sentiment by plotting synthetic candles based on the Simple Moving Average (SMA) of open, high, low, and close prices. It helps traders identify trend direction and potential reversals more clearly. How to Use: - Observe Candle Colors: Green candles indicate bullish sentiment (close ≥ open), while red candles suggest bearish sentiment (close < open). - Trend Identification: Consistent green candles point to an uptrend, whereas consistent red candles may signal a downtrend. - Support & Resistance Zones: The SMA-based candles smooth out short-term volatility, assisting in spotting key support and resistance levels. - Entry & Exit Signals: Look for color changes or candle pattern formations within the synthetic candles to time entries and exits more effectively. Settings: SMA Length : Adjust this parameter to control the smoothing period. A shorter length makes the indicator more responsive, while a longer length smooths out more noise. This indicator is best used in conjunction with other technical analysis tools to confirm signals and improve trading accuracy. This script is open-source and licensed under the Mozilla Public License 2.0. Use and modify it at your own discretion.
Wskaźnik Pine Script®
od The_Forex_Steward
1
IKODO Harmonic Patterns🧠 IKODO Prof Price Action Indicator "Let the price speak. We just listen." While most traders rely on lagging tools, IKODO Prof reads the raw language of the market — price itself. 🔹 Zero lag. Zero noise. Pure price intelligence. 🔹 Real-time detection of breaker zones, liquidity hunts, and smart money traps 🔹 Designed for institutional-grade precision 🔹 Built for scalpers, swing traders, and those who don't follow the herd > “Price action is not a tool — it’s a mindset.” Welcome to IKODO Prof — a weapon, not just an indicator.
Wskaźnik Pine Script®
od IKODO
1
Supertrend with EMASupertrend with EMA Technical Documentation This document provides a technical overview of the "Supertrend with EMA" Pine Script indicator, designed for use on TradingView. This indicator combines the popular Supertrend indicator with an Exponential Moving Average (EMA) and an additional smoothing line, offering a comprehensive view of trend direction and potential support/resistance levels. Indicator Overview The "Supertrend with EMA" indicator is an overlay script, meaning it plots directly on the price chart. It is compatible with all timeframes and handles timeframe gaps. Key Features: Supertrend Calculation: Identifies trend direction using Average True Range (ATR) and a user-defined factor. EMA Integration: Displays an Exponential Moving Average for additional trend confirmation and dynamic support/resistance. Smoothing Line: Incorporates a customizable smoothing line applied to the EMA, offering further refinement of trend signals. Visual Trend Representation: Clearly distinguishes uptrends (green) from downtrends (red) using filled areas. Alerts: Provides alert conditions for Supertrend trend reversals. Inputs Users can customize the indicator's behavior through the following input parameters: Supertrend Settings ATR Length: input.int(10, "ATR Length", minval = 1) Description: The lookback period used for calculating the Average True Range (ATR). A higher value results in a smoother Supertrend line, while a lower value makes it more reactive. Default: 10 Minimum: 1 Factor: input.float(3.0, "Factor", minval = 0.01, step = 0.01) Description: The multiplier applied to the ATR to determine the Supertrend bands. A higher factor creates wider bands and fewer signals, while a lower factor creates narrower bands and more signals. Default: 3.0 Minimum: 0.01 Step: 0.01 EMA Settings EMA Length: input.int(9, minval=1, title="EMA Length") Description: The number of bars used in the Exponential Moving Average calculation. Default: 9 Minimum: 1 Source: input(close, title="Source") Description: The price series used for EMA calculation. By default, it uses the close price. Default: close Offset: input.int(title="Offset", defval=0, minval=-500, maxval=500, display = display.data_window) Description: Shifts the EMA plot horizontally by the specified number of bars. Default: 0 Minimum: -500 Maximum: 500 Smoothing Settings Method: input.string(title = "Method", defval = "SMA", options= , group="Smoothing", display = display.data_window) Description: Selects the type of moving average to use for smoothing the EMA. Options include Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA/RMA), Weighted Moving Average (WMA), and Volume Weighted Moving Average (VWMA). Default: "SMA" Length: input.int(title = "Length", defval = 5, minval = 1, maxval = 100, group="Smoothing", display = display.data_window) Description: The lookback period for the selected smoothing method. Default: 5 Minimum: 1 Maximum: 100 Calculations Supertrend Calculation The Supertrend indicator is calculated using the built-in ta.supertrend function: = ta.supertrend(factor, atrPeriod) supertrend: The actual Supertrend line value. direction: Indicates the current trend direction. A value of -1 typically signifies an uptrend, and 1 signifies a downtrend. The supertrend line is plotted in green for uptrends and red for downtrends, with fills between the bodyMiddle (average of open and close prices) and the Supertrend line for visual clarity. Exponential Moving Average (EMA) Calculation The EMA is calculated using the ta.ema function: out = ta.ema(src, len) src: The user-defined source series (default: close). len: The user-defined EMA length. Smoothing Line Calculation A custom ma function is used to calculate various types of moving averages, which is then applied to the EMA output: out: The calculated EMA value. smoothingLength: The user-defined length for the smoothing moving average. typeMA: The user-selected type of moving average for smoothing. Plots The indicator plots the following on the chart: Up Trend: The Supertrend line when the direction indicates an uptrend (color: green). Down Trend: The Supertrend line when the direction indicates a downtrend (color: red). Body Middle: The average of the open and close prices (open + close) / 2. This plot is hidden (display = display.none) but used for filling the areas between the price and Supertrend line. EMA: The Exponential Moving Average (color: blue). Smoothing Line: The moving average applied to the EMA (color: orange, hidden by default). Alerts The indicator provides three alert conditions based on Supertrend trend reversals: Downtrend to Uptrend: Triggers when the Supertrend direction switches from downtrend (direction > direction) to uptrend. Uptrend to Downtrend: Triggers when the Supertrend direction switches from uptrend (direction < direction) to downtrend. Trend Change: Triggers on any Supertrend trend reversal (direction != direction), combining both downtrend to uptrend and uptrend to downtrend changes.
Wskaźnik Pine Script®
od tantej
@khaicao| APB HistogramIntroducing the APB Histogram Indicator A Powerful Tool for Visualizing Price Momentum The APB Histogram (Average Price Bar Histogram) is a unique and insightful indicator designed to help traders identify price momentum and potential trend reversals. By calculating a smoothed average of price action and plotting the difference between the APB Close and APB Open as a histogram, this indicator provides a clear visual representation of bullish and bearish pressure in the market. Key Features: ✅ Smoothed Price Calculation – Uses a recursive formula to generate a dynamic average price bar, reducing noise and highlighting meaningful trends. ✅ Intuitive Histogram Display – Positive (green) bars indicate bullish momentum, while negative (red) bars signal bearish momentum. ✅ Customizable Colors – Adjust the bullish and bearish colors to match your trading style. ✅ Non-Overlay Design – Plotted in a separate panel for clear visualization without cluttering the main chart. How to Use the APB Histogram: Bullish Signals: When the histogram bars are green and rising, it suggests increasing buying pressure. Bearish Signals: When the histogram bars are red and falling, it indicates growing selling pressure. Trend Confirmation: Use alongside other indicators, recommended to use with Stochastic (8,3,3) to confirm trend strength. Perfect For: Swing Traders looking for momentum shifts Day Traders needing quick visual cues on price direction Trend Followers confirming entry and exit points Try the APB Histogram today and enhance your trading strategy with a cleaner, more intuitive view of market momentum! 🔹 Like & Follow for more unique indicators! 🔹 Comment below if you have any questions or improvement suggestions! Happy Trading! 🚀
Wskaźnik Pine Script®
od khai_mm_cao
MMS Buy StrategyMonthly and Weekly filters check proximity to upper Bollinger Band or positive lower BB momentum. Daily section: Confirms a challenge to the lower Bollinger Band. Then looks for either: Bullish Engulfing, Bullish Piercing candle closing above 50%, Morning Star reversal pattern. Daily momentum enforced via RSI > 40. EMA 50 condition captures support/fake breakdown or close proximity (within 1%). Stochastic ensures a positive crossover from a likely oversold zone.
Wskaźnik Pine Script®
od ASTASHARE
Stephis Supply & Demand Zones v3 📉 Support Definition: Support is a price level where a downtrend can be expected to pause or reverse due to a concentration of buying interest. Why it matters: When the price of an asset falls to a support level, traders expect buyers to step in, preventing the price from falling further. Visual clue: On a chart, support often appears as a horizontal line where the price has bounced up multiple times. 📈 Demand Definition: Demand refers to the willingness and ability of buyers to purchase an asset at a given price. In trading context: High demand typically pushes prices up, while low demand can lead to price drops. Relation to support: A support level exists because of demand—buyers are willing to buy at that price, creating a floor. 🧠 How They Work Together When price approaches a support level, traders watch to see if demand increases—if it does, the price may bounce. If the support level is broken, it may signal that demand has weakened, and the price could fall further. 🔁 Opposite Concept: Resistance & Supply Resistance is the opposite of support—it's a level where selling pressure (supply) may stop a price from rising. Just like demand creates support, supply creates resistance.
Wskaźnik Pine Script®
od behreste
Candle Closer Levels and TPThis indicator plots dynamic intrabar levels (High, Low, Middle, and customizable Quarter Levels) on the current candle only, along with up to three take profit (TP) lines calculated as a percentage of the candle's range. It supports: ✅ Adjustable level multipliers (e.g., 0.23, 0.75, etc.) ✅ Full customization of line color, thickness, and length ✅ Toggleable take profit lines (TP1, TP2, TP3) ✅ Support for both long and short trade setups ✅ Clean chart output – shows lines only on the active candle Ideal for traders using breakout, scalping, or range-based strategies on fast-moving instruments like NQ, ES, or crypto.
Wskaźnik Pine Script®
od weemhoff
SMT DivergenceSMT Divergence Indicator This powerful indicator identifies high-probability reversal points by detecting SMT (Smart Money Technique) divergences between two correlated assets. It spots subtle shifts in market momentum, revealing when one asset fails to confirm the price action of another—often signaling an impending trend change. Key Features: Inter-Market Divergence Detection: Automatically compares the price action of the main symbol with a second user-defined asset. Identifies Key Reversals: Pinpoints both bullish and bearish SMT divergences, highlighting hidden strength in downtrends and underlying weakness in uptrends. Customizable Pivot Detection: Allows fine-tuning of the pivot length to adjust sensitivity for different market conditions and timeframes. Flexible Display Modes: Choose between clean 'Lines' connecting the diverging pivots or precise 'Labels' marking the exact high/low points. Full Visual Customization: Complete control over the colors and line thickness for seamless integration with your existing chart layout. Built-in Alerts: Stay notified of every potential opportunity with alerts for both bullish and bearish signals. Settings: Core Parameters: Comparison Symbol: Select the second asset to compare against for divergence analysis (e.g., NQ1! if you are charting ES1!). Pivot Length: Defines the number of bars to the left and right required to confirm a pivot high or low. Visual Settings: Display Style: Choose to visualize divergences as 'Lines' or 'Labels'. Bearish/Bullish Color: Set custom colors for bearish and bullish divergence indicators. Line Width: Adjust the thickness of the divergence lines for optimal visibility. Perfect for traders who utilize inter-market analysis to confirm trade ideas. The SMT Divergence indicator provides a crucial edge by exposing non-confirmations between related assets, allowing for earlier and more confident entries into potential market reversals.
Wskaźnik Pine Script®
od ClayeWeight
1
Big Move Follow-Through Tracker🚀 What This Indicator Does Ever wondered if that sudden 5% pump in your favorite crypto will continue or just fade away? This powerful indicator automatically tracks every significant price move and tells you exactly what happened next - momentum continuation or mean reversion. 🎯 Key Features 📊 Smart Move Detection Automatically identifies "big moves" based on your custom threshold (default 3%) Uses ATR filtering to ensure moves are truly significant, not just normal volatility Works on ANY timeframe and ANY crypto pair 🔍 Follow-Through Analysis Tracks each big move for your specified number of bars (default 5) Classifies outcomes as either Follow-Through (momentum continues) or Mean Reversion (price reverses) Uses intelligent 2% thresholds to avoid noise and focus on meaningful moves 📈 Real-Time Statistics Dashboard Live statistics table showing historical performance Separate analysis for UP moves vs DOWN moves (crypto often behaves differently!) Percentage breakdowns of follow-through vs reversion rates Track total moves detected vs analyzed over time 🎨 Visual Clarity Clear arrow signals when big moves are detected Background highlighting during significant moves Customizable display options - show/hide signals and stats as needed 🛠️ How to Use Add to any crypto chart (works on BTC, ETH, altcoins, etc.) Adjust the move threshold (3% for major coins, higher for smaller caps) Set analysis timeframe (how many bars to track each move) Watch the statistics build over time to understand your asset's behavior 💡 Trading Applications For Momentum Traders: High follow-through rates? → Consider riding the momentum Trade in direction of big moves when statistics support it For Mean Reversion Traders: High reversion rates? → Look for fade opportunities Counter-trade big moves when they historically reverse For Risk Management: Understand typical behavior after significant moves Size positions based on historical follow-through probabilities 📋 Customizable Settings Big Move Threshold: Adjust sensitivity (0.5% - 10%) Analysis Period: How long to track each move (3-20 bars) Display Options: Toggle signals and statistics table Alert System: Get notified when big moves occur 🎲 What Makes This Different Unlike simple momentum indicators, this tool: ✅ Quantifies actual outcomes with real statistics ✅ Adapts to each asset's unique volatility profile ✅ Separates up and down move behavior ✅ Provides actionable probability data 📊 Perfect For Crypto day traders looking for edge identification Swing traders wanting to understand momentum vs reversion tendencies Risk managers needing probability-based position sizing Strategy developers building data-driven trading systems ⚡ Quick Setup Tips For Major Cryptos (BTC, ETH): Use 2-4% threshold For Altcoins: Use 4-8% threshold For Scalping: Use lower timeframes with 1-2% threshold For Swing Trading: Use higher timeframes with 5%+ threshold
Wskaźnik Pine Script®
od Kirubakaran_Rajendran
1