Simple script to view Heiken-Ashi candles below a normal candles chart.
Could also be useful for using HA calcs in strategy scripts on normal candles chart for proper backtesting.
I adapted this to v4 from original v2 script by @samtsui. If you like please remember to give him a Thumbs Up for his original version! ->...
Tried making candles of Vwap instead of normal price to see if something interesting would happen. Something interesting did happen as you can see.
Looks best in 4h because of reasons unknown. In lower timeframes it looks kinda stupid (moves the same as nrmal vwap). Day or above it looks the same as normal candles.
Gaps seem to work as s/r? or at least I've...
When apply a strategy to Heikin Ashi Candle chart (HA candle), the strategy will use the open/close/high/low values of the Heikin Ashi candle to calculate the Profit and Loss, hence also affecting the Percent Profitable, Profit Factor, etc., often resulting a unrealistic high Percent Profitable and Profit Factor, which is misleading. But if you want to use the HA...
Why use CLAM?
Because candle length may be difficult to discern in fast, choppy markets. CLAM plots current price activity against previous trends. The calculation is similar to Know Sure Thing (KST) without the lag. CLAM uses Triple EMAs (TEMA) instead of Simple Moving Averages (SMAs), and raw open - close instead of clunky Rate of Change (ROC). CLAM does not...
This indicator allows you to quickly view the true % change per candlestick (prev close > current close), but it also has 3 other customizable values for you to set your own % change conditions (such as open > high). Feel free to edit the script to suit your own needs as well.
//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI
//1. Bearish Three Line Strike +Up 67.38%
//2. Bullish Three Line Strike -Down 65.23%
//3. Bearish Three Black Crows -Down 59.83%
//4. Bearish Evening Star -Down 55.85%
//5. Bullish Upside Tasuki Gap +Up 54.44%
//6. Bullish Inverted Hammer -Down 51.73%
//7. Bullish Matching Low -Down 50.00%
An indicator that visualizes the evolution of a daily candle, inspired by a thread on forexfactory: www.forexfactory.com
Applied on a timeframe lower than D (actually lower than H4), it visualizes the evolution of the day's high and low, as well as mid and 25% and 75% lines.
The sole input parameters are the hour at which a day is...
This is a script to help the beginners locate the candle patterns. It has a nice code that can be used in other scripts too. Easy to use with separated functions, simple patterns and complex patterns detections.
I have done some updates at the Candlestick Patterns Identified script by @repo32. Was a good start of my ideia. Tks for sharing repo.
It will be...
// Bollinger Blue Shadows
// Plots Low High Shadow as Column
// Inpired by Bollinger Candlesticks
// General purpose script
// How to Use it
// Add to Favorite Scripts
// Inside chart window right-click
// Select Insert Indicator -> Favorites -> Script Name
// author: Gerasimos Makis Mouzakitis
// created: 02 Oct 2015 14:37 (UTC)
// updated: 02 Oct 2015 15:28...
I was getting sick of the useless VWAP indicator on Trading View and wrote something that is more comprehensive and quite interesting, in fact: candles for VWAP.
It uses the original open/high/low/close and combines them as you would the original hlc3 calculation, but separately, to draw the candles as a shadow of the current price.
There are a few parameters to...
Is Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback
(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
RED Bear Candle while VOLUME is...
This is a custom High Time Frame indicator, originally created by JustUncleL. 💚
I have edited the Pine Script to allow a custom Time Period input. 💛
In the original version, you could only select from a few time periods as your High Time Frame. 💙
In this version you can put any time frame as your reference. 🧡
Example: 6-hour HTF or 2-Day HTF
This Script plots the BTC Dominance chart in an indicator window, so you don't have to bother with tabs as much when doing your analysis.
tips are always welcome at: (38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4)
I hope you enjoy the script :)