OPEN-SOURCE SCRIPT
Star Pattern Alert
A simple morning star and evening star detection script.
Detects them on the close of the 2nd bar in the pattern allowing you to capitalize on the reversal bar
The Anchor Timeframe parameter is the timeframe you want to use, so for example if the anchor timeframe is set to the 30 min, even on the 5 min chart, it will only display the 30 min signals
There are also alerts configured so you can step away from the charts and wait for your morning and evening star setups to trigger the alert
Detects them on the close of the 2nd bar in the pattern allowing you to capitalize on the reversal bar
The Anchor Timeframe parameter is the timeframe you want to use, so for example if the anchor timeframe is set to the 30 min, even on the 5 min chart, it will only display the 30 min signals
There are also alerts configured so you can step away from the charts and wait for your morning and evening star setups to trigger the alert
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.