This script is design to count quantity of pips of each candle helping find the most voluminous candle from Wich to Wich (High Low) or Open to Close (Body). Adjustable Settings: From open to Close (Body) From Wick to Wick (High Low) Candle Colors Which candle show values bull (up) or bear (down) candles
This indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to...
This should easily find the clear BUY to SELL / SELL to BUY candles with imbalance created. There are options to change the Supply and Demand / OrderBlock CREATION based off the OPEN or WICK imbalance and also the option to DRAW the zones from the OPEN or the WICK. Will also draw HTF zones with options to change the colour of zones when price has mitigated these...
My entire trading style is built on finding stocks in stage 2 uptrends that are building healthy bases and exhibiting volatility contraction patterns (VCP). I look for price tightening on the right hand side of the base to find low risk entries. This Mini Coil indicator is nothing but one way of visualizing tight trading ranges. It essentially plots a box around...
The market always seeks liquidity. Liquidity rests above previous highs and below previous lows. The script highlights the breach of a market structure high or low (W/D/4H/1H), and will alert you on the first fractal break in the opposite direction. The idea is that the raid happens, and you are only alerted once a candle breaks a fractal and closes in the...
Hello I've decided that the alligator lines can be used to find a trend. This script expands on that and checks 10 different multipliers to see trend over the long term and have 10 values. Those 10 values each give a color to one of the 10 lines in turn giving this Fire like plotting. I personaly use this to see if there is fear (red) in the markets or greed...
█ OVERVIEW If you follow my work closely, you know my obsession with OrderBlocks and Retracements. We will reuse the same logic, but using candle engulfments and candle engulfment reversals. It is the latter that we will interpret as OrderBlocks, and candle engulfments as buy or sell signals.Instead of using the price and the average of the candles, here we...
This is a combination of the Mini-Day Separator Indicator, timings based off the research by Tom Henstridge/@LiquiditySniper and additional Index KZ delineations, based on ICT's 2022 Youtube Mentorship. *It borrows some minor code from Enricoamato997 . Credit where it is due! This is a joint effort by myself, @vbwilkes / Offseason Vince and @Tom_FOREX /...
This script highlights modified version of evening and morning star candlestick patterns. Volume has also been added in the script to create convergence of volume with price action. It is recommended to use these patterns for positional trading. It is advised to use Morning star at the bottom of the downtrend Evening star at the top of the uptrend Avoid...
As we know, buyers and sellers take part in the market auction. A failed auction is where price could not tick above or below a specific price. This means that there were no buyers willing to buy or sellers willing to sell beyond that price. Price then moves away in the other direction. The failed auction acts as a magnet and becomes a target to revisit sooner...
OVERVIEW The name Candilator comes from blending the words "candlestick" and "oscillator". And as the name suggests, this indicator is a good old RSI plotted as a candlestick chart. To produce a candlestick chart, Candilator RSI calculates four RSI's based on the open, high, low, and close time series. It also has a candlestick patterns detection feature. ...
This indicator is suitable for users who want to check trend by using historical candlestick swing with the "before 2 bars with after 1 bar" concept only as follow:- Swing High (SH) Definition is the high of "N-1" candlestick is higher than the high of "N", "N-2", and "N-3" candlestick, and the high of "N-2" candlestick is higher than the high of "N-3"...
This is my spin on the Chop Zone indicator. It was forked from the built-in TradingView Chop Zone indicator. There were several reasons for this effort... The built-in indicator version had no real configuration options It was hard-coded to use the 34-period EMA with fixed span sizes for identifying price range There was no real context to the meaning of...
Indicator that plots boxes for fair value gaps (also known as imbalances or inefficiencies) fair value gaps are a very useful concept in price action trading, as they provide a trader with information about where a lot of orders were injected creating this inefficiency in the market. This inefficiency can become a magnet for price in the future to resolve this...
This script has been designed for use in botting Crypto spot / futures. The intended use is send signals to a 3commas bot setup for the exchange. The bot uses candle measuring percentile nearest rank filters and range breakouts to decide if the market is trending. When the market is trending it will look for pullbacks below a moving average and buy in the trend...
This script has been designed for use in botting Crypto spot / futures. The intended use is send signals to a 3commas bot setup for the exchange. The bot uses candle measuring percentile nearest rank filters and range breakouts to decide if the market is trending. When the market is trending it will look for pullbacks below a moving average and buy in the trend...
USE: - For visually tracking your trades in a floating pane (label). - Most of the features are described in the image. MAIN FEATURES: - Better long-position and short-position tool wannabe. - Visual data for tracking your trade position. - Automatic setting of some common values in trades risk management. - Switching from long-position to short-position can be...
AMEX:SPY The Naked Bar Upward Reversal is a three bar candlestick pattern with an inside candle as a entry point. This pattern is bullish since it has a candle closing red from the previous candle; the most bearish pattern possible. The following inside candle is a reversal of its previous candle with an open above the previous candle's close. Look to buy the...