xGhozt Consecutive Candle Count

xGhozt Candle Count simply counts consecutive positive or negative candles, and allows you to get the live statistics of how many times this consecutive candle series occurred in the past, with the probabilities of the next candle to be a reversal, and the average past gains from that reversal. You can select the number of consecutive candles you're tracking, and select a start and end date. When your desired pattern is met by the indicator, it will indicate you on the chart if it's worth shorting or longing the next candle.

Release Notes

Added the possibility to set up alerts when your consecutive candles patterns are met. To do so, go into the indicator's settings, select your time frame, the consecutive number of candles you are tracking, your success rate, and the number this pattern occurred in the past. Once it's done, open the alerts box, and set up your alerts accordingly.

You will have 2 options:
- Green Candles Followed by Red = short next candle.
- Red Candles Followed by Green = long next candle

Release Notes

Typo in the indicator's name

Release Notes

Removed useless parts of the code.

Redesigned labels.

Tidied alerts. You can now add alerts according to:
- Minimum past occurrences,
- Minimum success rate,
- Minimum average gain per trade.

Release Notes

Edit code with alerts

Release Notes

Minor UI update regarding label box, it is now further away from the last candle.

Release Notes

Updated to Pine V5

Release Notes

Script tweaks: made info box lighter, UI improvements.

Pine v5

Protected script

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

xGhozt

Also on:

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.

Protected script

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

xGhozt

Also on: