PINE LIBRARY
Updated AbdulLibrary
Library "AbdulLibrary"
The library consists of three sections:
Note that this would have been possible without the help of ZenAndTheArtOfTrading as I build-up this library after completing his pine script mastery course so big thanks to him
The content of the library are:-
fibLevels(preDayClose, preDayHigh, preDayLow) Calculates Daily Pivot Point and Fibonacci Key Levels
Parameters:
preDayClose: The previous day candle close
preDayHigh: The previous day candle high
preDayLow: The previous day candle low
Returns: Returns Daily Pivot Point and Fibonacci Key Levels as a tuple
bullishFib(canHigh, canLow, fibLevel) Calculates Fibonacci Levels in Bullish move
Parameters:
canHigh: The high of the move
canLow: The low of the move
fibLevel: The Fib level as % you want to calculate
Returns: Returns The Fib level for the Bullish move
bearishFib(canHigh, canLow, fibLevel) Calculates Fibonacci Levels in Bearish move
Parameters:
canHigh: The high of the move
canLow: The low of the move
fibLevel: The Fib level as % you want to calculate
Returns: Returns The Fib level for the Bearish move
getCandleSize() Calculates the size of candle (high - low) in points
Returns: Returns candle size in points
getCandleBodySize() Calculates the size of candle (close - open) in points
Returns: Returns candle body size in points
getHighWickSize() Calculates the high wick size of candle in points
Returns: Returns The high wick size of candle in points
getLowWickSize() Calculates the low wick size of candle in points
Returns: Returns The low wick size of candle in points
getBodyPercentage() Calculates the candle body size as % of overall candle size
Returns: Returns The candle body size as % of overall candle size
isSwingHigh(period) Checks if the price has created new swing high over a period of time
Parameters:
period: The lookback time we want to check for swing high
Returns: Returns True if the current candle or the previous candle is a swing high
isSwingLow(period) Checks if the price has created new swing low over a period of time
Parameters:
period: The lookback time we want to check for swing low
Returns: Returns True if the current candle or the previous candle is a swing low
isDojiSwingHigh(period) Checks if a doji is a swing high over a period of time
Parameters:
period: The lookback time we want to check for swing high
Returns: Returns True if the doji is a swing high
isDojiSwingLow(period) Checks if a doji is a swing low over a period of time
Parameters:
period: The lookback time we want to check for swing low
Returns: Returns True if the doji is a swing low
isBigBody(atrFilter, atr, candleBodySize, multiplier) Checks if a candle has big body compared to ATR
Parameters:
atrFilter: Check if user wants to use ATR to filter candle-setup signals
atr: The ATR value to be used to compare candle body size
candleBodySize: The candle body size
multiplier: The multiplier to be used to compare candle body size
Returns: Returns Boolean true if the candle setup is big
isSmallBody(atrFilter, atr, candleBodySize, multiplier) Checks if a candle has small body compared to ATR
Parameters:
atrFilter: Check if user wants to use ATR to filter candle-setup signals
atr: The ATR value to be used to compare candle body size
candleBodySize: The candle body size
multiplier: The multiplier to be used to compare candle body size
Returns: Returns Boolean true if the candle setup is small
isHammer(fibLevel, colorMatch) Checks if a candle is a hammer based on user input parameters and candle conditions
Parameters:
fibLevel: Fib level to base candle body on
colorMatch: Checks if user needs for the candel to be green
Returns: Returns Boolean - True if the candle setup is hammer
isShootingStar(fibLevel, colorMatch) Checks if a candle is a shooting star based on user input parameters and candle conditions
Parameters:
fibLevel: Fib level to base candle body on
colorMatch: Checks if user needs for the candel to be red
Returns: Returns Boolean - True if the candle setup is star
isBullEngCan(allowance, period) Check if a candle is a bullish engulfing candle
Parameters:
allowance: How many points the candle open is allowed to be off (To allow for gaps)
period: The lookback period for swing low check
Returns: Boolean - True only if the candle is a bullish engulfing candle
isBearEngCan(allowance, period) Check if a candle is a bearish engulfing candle
Parameters:
allowance: How many points the candle open is allowed to be off (To allow for gaps)
period: The lookback period for swing high check
Returns: Boolean - True only if the candle is a bearish engulfing candle
isBullDoji(maxSize, wickLimit, colorFilter) Check if a candle is a bullish doji candle
Parameters:
maxSize: Maximum candle body size as % of total candle size to be considered as doji
wickLimit: Maximum wick size of one wick compared to the other wick
colorFilter: Checks if the doji is green
Returns: Boolean - True if the candle is a bullish doji
isBearDoji(maxSize, wickLimit, colorFilter) Check if a candle is a bearish doji candle
Parameters:
maxSize: Maximum candle body size as % of total candle size to be considered as doji
wickLimit: Maximum wick size of one wick compared to the other wick
colorFilter: Checks if the doji is red
Returns: Boolean - True if the candle is a bearish doji
isBullOutBar() Check if a candle is a bullish outside bar
Returns: Boolean - True if the candle is a bullish outside bar
isInsideBar() Check if a candle is an inside bar
Returns: Returns Boolean - True if a candle is an inside bar
The library consists of three sections:
- Technical Analysis Functions - A collection of tools commonly used by day traders
- Trading Setup Filters Functions - A number of filters that help day traders to screen trading signals
- Candlestick Pattern Detection Functions - To detect different candlestick patterns that are used in day trading setups
Note that this would have been possible without the help of ZenAndTheArtOfTrading as I build-up this library after completing his pine script mastery course so big thanks to him
The content of the library are:-
fibLevels(preDayClose, preDayHigh, preDayLow) Calculates Daily Pivot Point and Fibonacci Key Levels
Parameters:
preDayClose: The previous day candle close
preDayHigh: The previous day candle high
preDayLow: The previous day candle low
Returns: Returns Daily Pivot Point and Fibonacci Key Levels as a tuple
bullishFib(canHigh, canLow, fibLevel) Calculates Fibonacci Levels in Bullish move
Parameters:
canHigh: The high of the move
canLow: The low of the move
fibLevel: The Fib level as % you want to calculate
Returns: Returns The Fib level for the Bullish move
bearishFib(canHigh, canLow, fibLevel) Calculates Fibonacci Levels in Bearish move
Parameters:
canHigh: The high of the move
canLow: The low of the move
fibLevel: The Fib level as % you want to calculate
Returns: Returns The Fib level for the Bearish move
getCandleSize() Calculates the size of candle (high - low) in points
Returns: Returns candle size in points
getCandleBodySize() Calculates the size of candle (close - open) in points
Returns: Returns candle body size in points
getHighWickSize() Calculates the high wick size of candle in points
Returns: Returns The high wick size of candle in points
getLowWickSize() Calculates the low wick size of candle in points
Returns: Returns The low wick size of candle in points
getBodyPercentage() Calculates the candle body size as % of overall candle size
Returns: Returns The candle body size as % of overall candle size
isSwingHigh(period) Checks if the price has created new swing high over a period of time
Parameters:
period: The lookback time we want to check for swing high
Returns: Returns True if the current candle or the previous candle is a swing high
isSwingLow(period) Checks if the price has created new swing low over a period of time
Parameters:
period: The lookback time we want to check for swing low
Returns: Returns True if the current candle or the previous candle is a swing low
isDojiSwingHigh(period) Checks if a doji is a swing high over a period of time
Parameters:
period: The lookback time we want to check for swing high
Returns: Returns True if the doji is a swing high
isDojiSwingLow(period) Checks if a doji is a swing low over a period of time
Parameters:
period: The lookback time we want to check for swing low
Returns: Returns True if the doji is a swing low
isBigBody(atrFilter, atr, candleBodySize, multiplier) Checks if a candle has big body compared to ATR
Parameters:
atrFilter: Check if user wants to use ATR to filter candle-setup signals
atr: The ATR value to be used to compare candle body size
candleBodySize: The candle body size
multiplier: The multiplier to be used to compare candle body size
Returns: Returns Boolean true if the candle setup is big
isSmallBody(atrFilter, atr, candleBodySize, multiplier) Checks if a candle has small body compared to ATR
Parameters:
atrFilter: Check if user wants to use ATR to filter candle-setup signals
atr: The ATR value to be used to compare candle body size
candleBodySize: The candle body size
multiplier: The multiplier to be used to compare candle body size
Returns: Returns Boolean true if the candle setup is small
isHammer(fibLevel, colorMatch) Checks if a candle is a hammer based on user input parameters and candle conditions
Parameters:
fibLevel: Fib level to base candle body on
colorMatch: Checks if user needs for the candel to be green
Returns: Returns Boolean - True if the candle setup is hammer
isShootingStar(fibLevel, colorMatch) Checks if a candle is a shooting star based on user input parameters and candle conditions
Parameters:
fibLevel: Fib level to base candle body on
colorMatch: Checks if user needs for the candel to be red
Returns: Returns Boolean - True if the candle setup is star
isBullEngCan(allowance, period) Check if a candle is a bullish engulfing candle
Parameters:
allowance: How many points the candle open is allowed to be off (To allow for gaps)
period: The lookback period for swing low check
Returns: Boolean - True only if the candle is a bullish engulfing candle
isBearEngCan(allowance, period) Check if a candle is a bearish engulfing candle
Parameters:
allowance: How many points the candle open is allowed to be off (To allow for gaps)
period: The lookback period for swing high check
Returns: Boolean - True only if the candle is a bearish engulfing candle
isBullDoji(maxSize, wickLimit, colorFilter) Check if a candle is a bullish doji candle
Parameters:
maxSize: Maximum candle body size as % of total candle size to be considered as doji
wickLimit: Maximum wick size of one wick compared to the other wick
colorFilter: Checks if the doji is green
Returns: Boolean - True if the candle is a bullish doji
isBearDoji(maxSize, wickLimit, colorFilter) Check if a candle is a bearish doji candle
Parameters:
maxSize: Maximum candle body size as % of total candle size to be considered as doji
wickLimit: Maximum wick size of one wick compared to the other wick
colorFilter: Checks if the doji is red
Returns: Boolean - True if the candle is a bearish doji
isBullOutBar() Check if a candle is a bullish outside bar
Returns: Boolean - True if the candle is a bullish outside bar
isInsideBar() Check if a candle is an inside bar
Returns: Returns Boolean - True if a candle is an inside bar
Release Notes
v2Added:
plotRoundNumber(market, numRoundNumbers) Plot Horizontal line at round number
Parameters:
market: The markets the user is trading
numRoundNumbers: How many round numbers to be plotted above and below current price
Returns: Returns Na - Plot horizontal line at round number
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House rules.
Disclaimer
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