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Reversal Candles UG [5ema]

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The indicator can be find 8 reversal candlestick patterns of bullish or bearish.
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How to build?
  • *Based on available reversal patterns that was be share by a group trader.
    *With name: T1, T1S, T2, T2S, T3, T3S, T3 Pro, T3 Max.


  • Ex1 - T1 Bull Candles and T3 Bull Candles:
    snapshot
  • Ex2 - T2 Bull Candles:
    snapshot
  • Ex2 - T1S Bull Candles:
    snapshot


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How to use?
  • Combine with other indicators like MA, EMA, RSI, Support, Resistance,... to set up a trading strategy.
  • Make a Alert to get a notification when a reversal candles appear.


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This indicator is for reference only, you need your own method and strategy.
If you have any questions, please let me know in the comments.
Release Notes
Update:
Use code bar condition from my library.
Release Notes
Update:
- Change signal shape style.
Release Notes
Update: bar conditions.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

vn5ema
Candlestick analysisChart patternspriceactionreversalreversalpattern

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Candlestick analysisChart patternspriceactionreversalreversalpattern

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

vn5ema

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.