Morning star is signal for ending of downtrend and starting of uptrend. For detail: www.onlinetradingconcepts.com
Black Candle means second black crow and signal of bearish trend for more info : www.candlesticker.com
If moving average SMA (green line) crosses above SMA (red line) is uptrend , stock price will move up gradually. If suppose moving average SMA (green line) crosses below SMA (red line) is downtrend, stock price will move down. Also please validate with MACD & RSI for reference will get more clarification. The default script have: 1) Bollinger Bands 2) Moving...
The default script has: Bollinger Bands,Simple Moving Average and Candlesticks pattern like Doji , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts .
The use of technical analysis for trading begins with the study of charts. While there are many chart types available, perhaps the most popular are what are known as Candlestick Charts. Enabling Color Paint bar, combined with trade methodology helps traders to identify the overall Market direction. Utilize these Candlesticks in synchronicity with our ...
Hi everyone!, this Script is the first in my series of candlesticks indicators. Currently it supports only a few, but it´s quite strict about them, contrary to most scripts I do thorough calculations to avoid false signals, if you would like to soften the indicators so it generates more signals feel free to ask. It uses the same interface for showing as the...