The "Strength of Candle" indicator is a powerful tool designed to help traders access the strength of individual candlesticks in their charts. By analyzing the relationship between opening and closing prices, the indicator distinguishes between bullish and bearish candles and quantifies their strength through an Exponential Moving Average (EMA). This EMA is...
Pivot Points High Low + Inside Bar. This script included Pivot Points High Low as well as a small script to include inside bar. This script gives features of two scripts into one. Hope this is helpful.
Automatically calculates the exact lot size required to enter a position while risking a specified USD amount. Steps: - Add this indicator to Favorites - Select it from Favorites - Select the Entry price - Select the SL price - Profit!
This TradingView indicator plots important historical levels on your chart, including the previous day's high (PDH) and low (PDL), previous week's high (PWH) and low (PWL), and the current day's, week's, and month's opening prices (D, W, M). The lines and labels are customizable in terms of color, and each level can be toggled on or off based on your...
Certainly! Here's a user guide for the provided Pine Script code: User Guide: 1800 Candle Highlight Indicator Overview: The "1800 Candle Highlight" indicator is designed to visually emphasize the 18:00 (6:00 PM) candle on the chart, providing clarity on its open and close prices, and highlighting its timeframe with a distinctive color. Key Features: Candle...
first red candle of the day as soon low break entry for sell with high of that candle risk reward also mention
An Indecisive Candle, often referred to as a Base Candle, is a pivotal element in technical analysis, particularly for identifying institutional supply and demand zones. These candles are characterized by their small bodies and long wicks, reflecting a balance between buyers and sellers, indicating a potential pause or consolidation in the market. To calculate...
The Wyckoff Method Market Cycle Indicator is a powerful tool designed to help traders identify the current market phase based on the principles of the Wyckoff Method. This indicator analyzes price action and volume patterns to determine whether the market is in an accumulation, markup, distribution, or markdown phase. The Wyckoff Method, developed by Richard D....
bb and double top and bottom is the more probability for proper entry execuation .
We determine if the price is below EMA 9 by comparing the close price with EMA 9. We determine if the current candle body is huge compared to the previous candle's body. We plot EMA 9 in black color and EMA 200 in green color. We plot blue triangles below the bars for EMA crossover above and red triangles above the bars for EMA crossover below. We set the color of...
The "Bullish Candlestick Patterns With Filters" is a trading indicator that identifies 6 core bullish candlestick patterns. This is further enhanced by applying channel indicator as filters, designed to further increase the accuracy of the recognized patterns. 6 CANDLESTICK PATTERNS Hammer Inverted Hammer Bullish Engulfing The Piercing Line The...
This script serves as the "Engulfing Candles" indicator in TradingView. Here's what it does: - It identifies bullish candlestick patterns where the current candle's high is lower than the previous candle's high, the current candle's low is higher than the previous candle's low, the current candle's close is higher than the previous candle's close, and the current...
Descripción de la Estrategia: Supertrend Liquidity Reversal v1.0 La estrategia "Supertrend Liquidity Reversal v1.0" está diseñada para aprovechar las señales de inversión basadas en indicadores técnicos y la liquidez del mercado. Esta estrategia combina múltiples condiciones para identificar oportunidades de trading en los mercados financieros, utilizando un...
Dear Analysts and Traders, I want to introduce my new indicator - sVPSA - standardized Volume Price Spread Analysis. For me, this script is helpfully in Technical Analysis mainly with Wyckoff and VSA methodologies. Maybe You are in circle of people who used my previous script - normalized Volume Price Spread Analysis. I work with him a lot of time, but I come to...
**Title**: Red Candles with Green Precedent Indicator **Description**: This TradingView indicator is designed to help traders identify potential reversal or continuation patterns based on the appearance of consecutive red candles following a green candle. The script marks a region starting from a green candle that precedes at least four consecutive red...
The Sideway indicator for TradingView is a powerful tool designed to identify periods of sideways or ranging price action in the market. With its intuitive interface and customizable parameters, traders can easily spot when an asset is consolidating, providing valuable insights for both trend-following and range-bound strategies. This indicator utilizes really...