The HTF Candle Consistency indicator tracks the most recent candle sentiment in up to 10 Higher Timeframe (HTF) and colors the user chart candle bodies based on the dominating sentiment. Users can weigh specific timeframes more significantly. Additionally, the script provides an HTF dashboard that displays the current directional readouts for each selected...
this indicator assigns a colour to each candle based on the relationship between the price and the EMAs, The indicator first checks whether the close price is above or below the first EMA, If the close price is above the first EMA the candle is coloured green. If the close price inbetween both EMAs the candle is colored gray. If the close price is below the second...
This indicator provides you with 55 levels! with labels to help you identify quickly where current price is in relation to the OPEN, CLOSE, HIGH OF DAY and LOW OF DAY to a respective level. Choose from levels as low as the 5 minute time frame all the way up to 200 days. All of the levels except the day's OPEN, HIGH OF DAY AND LOW OF DAY use the PREVIOUS time...
This indicator counts consecutive green/red candles offering some basic statistics and signals/alerts. Features - Counts consecutive green/red candles in an oscillator chart - Moving average of the counting helps spotting when the consecutive candles are away from the mean. MA length and multiplier to adjust the signal sensitivity. - Thresholds can be set to...
This tool can be used to determine the direction of the current trend. The indicator changes the color of the candles based on the direction of the linear regression formula. This is made settings the length of the short-term linear regression in the settings, the longer one is also based on that parameter but significantly larger. The indicator also plots the...
Hide Active Candle An essential tool for disciplined traders seeking to avoid making hasty decisions based on active bars that have not yet closed. Have you ever found yourself eagerly anticipating an entry, only to be tempted by an active candle that starts to pull away? Or perhaps you've been caught in a trade where an active candle pushes against you,...
Description: The Candle Color Overlay (CCO) indicator is a powerful tool for visualizing price movements on a chart. It overlays the chart with customizable colors, highlighting bullish and bearish candles based on their open and close values. This indicator helps traders quickly identify the direction of price movements and assess market sentiment. How it...
Description: The Histogram Momentum Shaded Candles indicator (HMSC) is a powerful technical analysis tool that combines the concepts of the MACD (Moving Average Convergence Divergence) indicator and shaded candlestick visualization. It provides insights into momentum and trend strength by representing the MACD histogram as shaded candles on the chart. How it...
T3 Velocity Candles is a candle coloring overlay that calculates its gradient coloring using T3 velocity. What is the T3 moving average? Better Moving Averages Tim Tillson November 1, 1998 Tim Tillson is a software project manager at Hewlett-Packard, with degrees in Mathematics and Computer Science. He has privately traded options and equities for 15...
Supply and Demand - Order Block - Energy Candles Description An experimental script, designed as a visual aid, to highlight the last up or down candle before a fractal break. We can assume these candles where the point of origin that generated enough strength to break recent structure. By using them as reference points, traders are expected to follow their...
CANDLES COLORED GREEN OR RED ACCORDING TO BUY & SELL PRESSURE This indicator paints each candle green, red or blue depending on whether the buy/sell pressure for that candle is bullish, bearish or neutral. ***TURN OFF NORMAL CANDLE COLORS*** For this script to show properly on the chart, make sure you go to chart settings(gear icon in top right corner) and in...
A simple but effective indicator that paints candles with different shades of colors based on the volume transacted. -> Supports 6 levels of sensitivity at present. Might enhance the granularity later. -> Darkest indicates the most volume transacted. Lightest, the least. Change it around however you see fit and based on your theme. -> Use it for your Volume...
This, a very different script from most of mine, is my attempt at making a useful, and not messy, support and resistance indicator. If you've never looked into trader xkavalis, and his scripts and discord, I would highly recommend it. He talks about "pay attention candles" a lot. It got me thinking about what those are. Best as I can tell all he means by that...
Hello again. Here I have an improved version of the RSI that is similar to my "+ %B" indicator (that, an improved version of the %B). This version of the RSI includes candle coloring for bullish or bearish bias (is the RSI above or below its median line?), as well as candle coloring for overbought and oversold areas. Additionally, there is an option for coloring...
This is a simple script that colors bars/candles based on where price is relative to the basis, and the upper and lower bands of the Bollinger Bands. If price is above the basis, candles will be colored green, and if price is below the basis, candles will be colored red. If price is outside of the bands on either side, the candles will be colored a darker shade of...
Script to change candle color based on z-score. Inputs: 'src': Price source that will be standardized. 'n': Number of periods used in calculation of z-score (mean and st. dev.).
Default HMA's + Trend Signals Default SMA's ALMA BarColoring The idea behind this script was to incorporate a few different moving average types into 1 indicator so multiple trading strategies could be implemented depending on Price Action. This indicator includes 3 HMA's, 2 user defined EMA/SMA's, 1 ALMA (which also is used for the bar coloring), and...
Candle Color Generator: This indicator is designed to highlight the candle colors based on the combinations of Parabolic SAR (PSAR) and 2 Hull Moving Averages (HMA). Colors: Yellow, Red, and Green colors are used to describe the candle colors depends on its position to PSAR and 2 HMAs. PSAR: PSAR position above or below candle position is differentiated...