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Candlestick analysis

X Adaptive Supertrenda proprietary technical analysis tool designed to generate high-conviction trend signals by integrating an advanced, self-optimizing Supertrend methodology with two critical momentum and volume-based filters: the Daily Anchored AVWAP and a Multi-Timeframe KAMA (Kaufman's Adaptive Moving Average). Unlike traditional trend indicators with fixed settings, this indicator dynamically adjusts its core sensitivity to the market's current volatility environment, ensuring that the Supertrend line minimizes whipsaws while maximizing responsiveness. The resulting signals are categorized into three distinct conviction levels (Full Power, Muted, and Upgrade) to help traders manage risk and filter low-probability entries. Core Methodology: Stable Adaptive Supertrend The core of the indicator relies on a sophisticated machine learning technique: K-Means Clustering. Multi-Factor Calculation: The script runs 9 independent Supertrend instances concurrently, ranging in sensitivity (Factor) from 1.0 to 5.0 (in 0.5 increments) with a fixed ATR Length of 12. Performance Clustering (Focus on Stability): Each Supertrend instance's profit/loss performance is recorded and analyzed. K-Means Clustering is used to group these instances based on how they performed over a long-term lookback period (Performance Memory EMA: 50). By using a longer memory, the indicator focuses on selecting the most resilient factor for structural, sustained trends, making the Supertrend line highly stable and less susceptible to short-term noise. Optimal Factor Selection: The system automatically selects the best-performing factor from the cluster analysis, ensuring the Supertrend line shown on the chart is continually optimized for the prevailing market conditions. This delivers an adaptive trailing stop and trend detection mechanism focused on longer swings. Multi-Layered Signal Filters All signals are confirmed and graded using two powerful auxiliary filters, with the user designating the dominant (Primary) filter: AVWAP Tracks the Volume-Weighted Average Price, anchored to the start of the Exchange Day. Provides a strong, daily directional bias. KAMA (AMA) An adaptive moving average that dynamically adjusts its speed to the market's efficiency. Filters noise on lower timeframes. Signal Structure and Use Case The signal logic provides clarity on the strength and timing of potential trend entries or shifts: Full Power (Initial Entry) Trigger: The Adaptive Supertrend line flips (e.g., from bear to bull) AND both the Primary and Secondary Filter slopes agree with the new direction. Muted Signal (Cautionary Entry) Trigger: The Adaptive Supertrend flips, and the Primary Filter agrees, BUT the Secondary Filter is counter-trend (e.g., KAMA is still sloping down on a Bull flip). Upgrade Signal (Confirmation In-Trend) Trigger: The Supertrend is already established in a direction (e.g., Bullish), and the Secondary Filter (which was previously disagreeing) now flips its slope to agree. Recommended Use Case This indicator is uniquely powerful for traders operating across multiple time horizons. The inherent stability provided by the high performance memory (perfAlpha=50) successfully smooths the Supertrend line on both higher and lower timeframes (e.g., 1-minute charts), effectively filtering out nominal, high-frequency noise while retaining the integrity of larger price movements.
Pine Script® indicator
by KinetiCapital
SCOB Pattern with ERC & AlertsSingle Candle Block (SC0B) consists of a single candle appearing at a significant price level, indicating a confirmed reversal in price direction from that particular area of ​​interest. SCOB is primarily used to confirm and execute trades. Using a single candle block to enter a trade minimizes risk and maximizes reward. Single bullish candle block? 1st candle closes at bullish point of interest with a short or long wick. 2nd candle sweeps the low of previous(1st) candle and closes above the low of previous candle. 3rd candle closes above the high of 2nd candle. How to trade with Scob bullish. To Trade using Bullish SCOB you have to wait for price to come down and test the single candle order block. When price tests the SCOB you can directly execute a buy trade or for a precise entry you can wait for a market structure shift in lower time frame. Scob discount is the opposite of price increase. This strategy should only be used when price "sweeps through key lever, liquidity, imbalance, poi htf areas. This indicator will add a filter to help you reduce signal noise. Use the "Use engulfing candle to test" function to filter the 3rd candle. Only search for Scob if the 3rd candle is an Engulfing candle. The logic for finding Engulfing candles can be changed based on the "% maximum wick length" option. The default is that the candle wick is 25% of the total candle wick length. You can also use the alert function when Scob appears With Smart money concept, no strategy is perfect in trading, so you should not risk too much of your capital on this strategy. To be safer, always remember to use stop loss for every trade.
Pine Script® indicator
by Paulhdvn
30s Model IndicatorThe Model The 30s model is a NASDAQ (NQ) scalping strategy based on entries within 30-second fair-value gaps (FVGs), formed after liquidity is taken on a higher timeframe. What the Indicator Does The indicator identifies liquidity sweeps: swing highs/lows with at least "Left Pivot" bars to the left, capturing at least one prior swing high/low. It then detects if a 30s FVG formed within "FVG Distance from Swing" bars of the latest liquidity-taking swing high/low. If found, it verifies the FVG meets the "Minimum FVG Size" and that forming candles didn't hit the take-profit level. When conditions match, the FVG is highlighted with entry, take-profit, and stop-loss lines, plus optional price labels. The appearance of all the elements can be customized in the indicator settings. You can also setup alerts on the indicator that will trigger whenever a valid 30s is formed. Error Conditions Not running on 30s time-frame Not using NQ, or MNQ
Pine Script® indicator
by outofoptions
12
Yesterday's OHLC → O | H | L | C with Labels ORIGNAL INDICATOR Yesterday's open, high, low and close BY EduardoMattje AND FULL CREDIT TO HIM I have only modified with 2 changes 1.Now yesterdays levels are visible from very first candle of any small time frame 2/Labels are also visible of OHLC so it removes confusion for trders What it does: Plots yesterday’s Open, High, Low, and Close as horizontal lines on any timeframe (1min, 5min, hourly, daily, etc.). Lines automatically extend to the right edge of the chart (until the current day ends). Shows permanent labels on the far right with short prefixes: O = Yesterday’s Open H = Yesterday’s High L = Yesterday’s Low C = Yesterday’s Close Key features: Works perfectly in regular and extended (pre/post-market) sessions Option to hide the levels on previous days (keeps chart clean) Very lightweight and fast No compilation errors Perfect for day traders who want yesterday’s key levels always visible with clear O/H/L/C labels on the right side of the screen. Just add it once and forget – it updates automatically every day
Pine Script® indicator
by deepak26101973
Yesterday's OHLC → O | H | L | C WITH LabelsORIGNAL INDICATOR Yesterday's open, high, low and close BY EduardoMattje AND FULL CREDIT TO HIM I have only modified with 2 changes 1.Now yesterdays levels are visible from very first candle of any small time frame 2/Labels are also visible of OHLC so it removes confusion for trders What it does: Plots yesterday’s Open, High, Low, and Close as horizontal lines on any timeframe (1min, 5min, hourly, daily, etc.). Lines automatically extend to the right edge of the chart (until the current day ends). Shows permanent labels on the far right with short prefixes: O = Yesterday’s Open H = Yesterday’s High L = Yesterday’s Low C = Yesterday’s Close Key features: Works perfectly in regular and extended (pre/post-market) sessions Option to hide the levels on previous days (keeps chart clean) Very lightweight and fast No compilation errors Perfect for day traders who want yesterday’s key levels always visible with clear O/H/L/C labels on the right side of the screen. Just add it once and forget – it updates automatically every day
Pine Script® indicator
by deepak26101973
Simple FVG - All GapsUser Guide: Trading with the Simple Fair Value Gap (FVG) Indicator This document explains how to use the "Simple FVG" indicator to identify market inefficiencies and potential trading opportunities. This tool focuses exclusively on the concept of Fair Value Gaps (FVG) to provide clear, objective levels for entry and price targets. The core function of this indicator is to visually highlight areas of market inefficiency—Fair Value Gaps—which often act as magnets for future price action, providing clear zones for potential trade entries. Part 1: Understanding Fair Value Gaps (FVG) A Fair Value Gap (FVG) is a three-candle pattern where the high of the first candle and the low of the third candle (or vice-versa) do not overlap. This gap represents an area where price moved quickly, indicating a potential imbalance between buyers and sellers. Bullish FVG: These gaps are colored Green (default). They occur when the current low is higher than the high of the candle two bars prior. Interpretation: Bullish FVGs act as potential support . Traders look for price to return to this zone to enter a long (buy) trade. Bearish FVG: These gaps are colored Red (default). They occur when the current high is lower than the low of the candle two bars prior. Interpretation: Bearish FVGs act as potential resistance . Traders look for price to return to this zone to enter a short (sell) trade. Max FVG History: The indicator can display up to 500 of the most recent FVGs on your chart, ensuring you are focused on relevant, recent market structure. Part 2: Mitigation and Gap Management FVGs are considered "mitigated" when price re-enters the gap, effectively filling the market inefficiency. The indicator allows you to customize how this mitigation is defined. Mitigation Type: This setting determines the condition under which an FVG is considered filled and changes color (or is hidden). You can select one of three options: Touch: The FVG is mitigated when price simply touches the boundary of the gap. Mid: The FVG is mitigated when price fills 50% of the gap (the default setting). Full: The FVG is mitigated when price completely fills the entire gap. Mitigated FVG Display: You can choose whether to display mitigated FVGs. Show Mitigated FVG: If enabled, mitigated gaps will change color to Gray (default). Hide Mitigated FVG: If disabled, the gap will disappear from the chart once the mitigation condition is met. Part 3: Visual Extension Settings The indicator allows you to control how long the FVG box is drawn on the chart. Extension Type: Indefinite: The FVG box will extend to the right until it is mitigated. Fixed Bars: The FVG box will only extend for a set number of bars, defined by the Extension Bars setting. Note: Even if the visual box disappears, the FVG is still considered active until it is mitigated. Extension Bars: Sets the number of bars (default is 5) for the visual extension when Fixed Bars is selected. Trading Strategy Flow with FVG Identify: Look for a fresh, unmitigated Bullish (Green) or Bearish (Red) FVG. Wait for Return: Wait for the price to return to the FVG zone. Execute Trade: For a Long Trade: Enter when price touches the FVG (ideally at the Mid level) and shows a rejection or reversal pattern. For a Short Trade: Enter when price touches the FVG (ideally at the Mid level) and shows a rejection or reversal pattern. Set Stop-Loss: Place your Stop-Loss just outside the FVG zone, or beyond the distal end of the gap. Set Take-Profit: Target the next major market structure point or the next unmitigated FVG in the direction of your trade. Disclaimer: Trading involves risk. This indicator is a tool for analysis and does not guarantee profits. Always use proper risk management.
Pine Script® indicator
by TheRealHawk
KHUSHBU-3OVERVIEW: KHUSHBU-3 is a comprehensive multi-strategy trading indicator that combines SuperTrend signals, Order Block analysis, Fibonacci retracement levels, and dynamic Support/Resistance detection. This powerful tool helps traders identify high-probability entry and exit points with clear visual markers and alert systems. KEY FEATURES: 🎯 TREND IDENTIFICATION SuperTrend Integration: Uses ATR-based SuperTrend to determine market direction Visual Labels: Displays "उड़ा" (Uda - Flying) for uptrend beginnings and "गिरा" (Gira - Falling) for downtrend beginnings Color-coded Plot: Green for uptrend, Red for downtrend 📊 ORDER BLOCK ANALYSIS Smart Order Blocks: Identifies significant buying and selling zones Automatic Box Drawing: Creates extended boxes for order blocks with price levels Invalidation Alerts: Alerts when order blocks are broken Buy/Sell Signals: Triangle markers for entry points 📈 FIBONACCI & PIVOT LEVELS Auto Fib Retracement: Automatically calculates Fibonacci levels based on recent pivots ZigZag Integration: Identifies significant swing highs and lows Customizable Depth: Adjustable pivot detection sensitivity 🛡️ SUPPORT & RESISTANCE Dynamic S/R Lines: Automatically plots support (lime) and resistance (red) levels Pivot-based Detection: Uses pivot high/low calculations Trend-based Adjustment: Adapts support/resistance levels based on market trend ⚙️ CUSTOMIZABLE SETTINGS EMA Length: Adjustable EMA period (default: 50) Box Extension: Customizable order block extension bars ATR Parameters: Configurable ATR period and SuperTrend factor S/R Sensitivity: Adjustable left/right bars for pivot detection 🔔 ALERT SYSTEM Trend change alerts (Hindi voice/text alerts) Order block formation alerts Order block invalidation alerts Buy/Sell signal alerts PRACTICAL USAGE: Trend Following: Use SuperTrend signals for directional bias Order Block Trading: Enter trades at order blocks in direction of trend Fibonacci Retracement: Use Fib levels for potential reversal areas Support/Resistance: Trade bounces or breaks from dynamic levels Multi-timeframe Analysis: Combine signals across different timeframes PERFECT FOR: Swing traders and position traders Order flow and market structure analysts Multi-timeframe analysis enthusiasts Traders looking for confluence between different strategies NOTE: This indicator works best on higher timeframes (1H and above) and should be used in conjunction with proper risk management and additional confirmation signals. Combine the power of trend following, order blocks, and Fibo
Pine Script® indicator
by jitu543
KHUSHBU-3OVERVIEW: KHUSHBU-3 is a comprehensive multi-strategy trading indicator that combines SuperTrend signals, Order Block analysis, Fibonacci retracement levels, and dynamic Support/Resistance detection. This powerful tool helps traders identify high-probability entry and exit points with clear visual markers and alert systems. KEY FEATURES: 🎯 TREND IDENTIFICATION SuperTrend Integration: Uses ATR-based SuperTrend to determine market direction Visual Labels: Displays "उड़ा" (Uda - Flying) for uptrend beginnings and "गिरा" (Gira - Falling) for downtrend beginnings Color-coded Plot: Green for uptrend, Red for downtrend 📊 ORDER BLOCK ANALYSIS Smart Order Blocks: Identifies significant buying and selling zones Automatic Box Drawing: Creates extended boxes for order blocks with price levels Invalidation Alerts: Alerts when order blocks are broken Buy/Sell Signals: Triangle markers for entry points 📈 FIBONACCI & PIVOT LEVELS Auto Fib Retracement: Automatically calculates Fibonacci levels based on recent pivots ZigZag Integration: Identifies significant swing highs and lows Customizable Depth: Adjustable pivot detection sensitivity 🛡️ SUPPORT & RESISTANCE Dynamic S/R Lines: Automatically plots support (lime) and resistance (red) levels Pivot-based Detection: Uses pivot high/low calculations Trend-based Adjustment: Adapts support/resistance levels based on market trend ⚙️ CUSTOMIZABLE SETTINGS EMA Length: Adjustable EMA period (default: 50) Box Extension: Customizable order block extension bars ATR Parameters: Configurable ATR period and SuperTrend factor S/R Sensitivity: Adjustable left/right bars for pivot detection 🔔 ALERT SYSTEM Trend change alerts (Hindi voice/text alerts) Order block formation alerts Order block invalidation alerts Buy/Sell signal alerts PRACTICAL USAGE: Trend Following: Use SuperTrend signals for directional bias Order Block Trading: Enter trades at order blocks in direction of trend Fibonacci Retracement: Use Fib levels for potential reversal areas Support/Resistance: Trade bounces or breaks from dynamic levels Multi-timeframe Analysis: Combine signals across different timeframes PERFECT FOR: Swing traders and position traders Order flow and market structure analysts Multi-timeframe analysis enthusiasts Traders looking for confluence between different strategies NOTE: This indicator works best on higher timeframes (1H and above) and should be used in conjunction with proper risk management and additional confirmation signals. Combine the power of trend following, order blocks, and Fibo
Pine Script® indicator
by jitu543
Multi-Period MA Custom DisplayMulti-Period MA Custom Display / 多周期MA自定义显示 @ y4n9m0n3y Professional Multi-Moving Average Indicator This advanced MA indicator provides complete flexibility to display up to 10 different moving averages with fully customizable periods, colors, and display settings. Perfect for traders who need multiple timeframe analysis in one clean overlay. Key Features: 9 independent MA lines with individual period control (1-1000 periods) Toggle visibility for each MA line to avoid chart clutter MA type selection: SMA, SMMA, EMA, or WMA calculation methods 专业多周期移动平均线指标 这款高级MA指标提供完整的灵活性，可显示最多9条不同的移动平均线，每条均线均可自定义周期、颜色和显示设置。适合需要在一个图表中进行多时间框架分析的交易者。 核心功能： 9条独立MA线，周期可自定义（1-1000周期） 可单独切换每条MA线的显示，避免图表混乱 MA类型选择：SMA、SMMA、EMA或WMA计算方式
Pine Script® indicator
by y4n9m0n3y
Noufer XAUUSD noufer, Noufer XAUUSD Base - v6 This is a clean, publish-ready TradingView indicator designed mainly for XAUUSD session awareness and trend guidance. 🔹 1. Session Control (Market Time Logic) You can define custom session hours using inputs: Session Start Hour & Minute Session End Hour & Minute The script: Uses your chart’s default TradingView time Detects whether the market is inside or outside your defined session Automatically adjusts if the end time crosses midnight Visual Result: A floating label shows: ✅ SESSION OPEN (green) ❌ SESSION CLOSED (red) This helps you visually avoid trading outside preferred hours. 🔹 2. Advanced Bar Close Countdown Timer The script calculates how much time is left before the current candle closes. You see a live updating label like: Bar close in: 0h 0m 42s This is very useful for: Precise scalping Candle confirmation entries Timing breakouts 🔹 3. Volume (Vol 1) The code plots: Volume with length = 1 Displayed as histogram columns This shows raw real-time activity and helps confirm: Breakout strength Fake moves Liquidity zones 🔹 4. Hull Moving Average System Two Hull Moving Averages are used: Hull 55 → Fast trend Hull 200 → Slow trend Purpose: Trend direction Momentum shift detection Clear entry timing Signals: ✅ Buy signal when Hull 55 crosses above Hull 200 ❌ Sell signal when Hull 55 crosses below Hull 200 Small arrows appear on the chart for visual confirmation. 🔹 5. Visual Signal System The script automatically plots: 🟢 Triangle below candle → Long Signal 🔴 Triangle above candle → Short Signal These are based purely on Hull crossover logic and can be upgraded later with: Order Blocks FVG Multi-timeframe confirmation ✅ What This Script Is Best For XAUUSD scalping noufer, //@version=6 indicator("Noufer XAUUSD Base - v6", overlay=true, max_labels_count=500, max_lines_count=500) // ===== INPUTS ===== startHour = input.int(1, "Session Start Hour") startMin = input.int(0, "Session Start Minute") endHour = input.int(23, "Session End Hour") endMin = input.int(0, "Session End Minute") volLen = input.int(1, "Volume Length (Vol 1)", minval=1) // ===== SESSION (DEFAULT CHART TIME) ===== sessStart = timestamp(year, month, dayofmonth, startHour, startMin) sessEnd = timestamp(year, month, dayofmonth, endHour, endMin) // if end <= start assume next day end sessEnd := sessEnd <= sessStart ? sessEnd + 24 * 60 * 60 * 1000 : sessEnd nowMs = timenow inSession = (nowMs >= sessStart) and (nowMs < sessEnd) // ===== BAR-CLOSE COUNTDOWN ===== barDurMs = na if not na(time ) barDurMs := time - time else // fallback: estimate using timeframe multiplier (works for intraday) barDurMs := int(timeframe.multiplier) * 60 * 1000 secsLeftBar = math.max(0, ((time + barDurMs) - nowMs) / 1000) hrsB = math.floor(secsLeftBar / 3600) minsB = math.floor((secsLeftBar % 3600) / 60) secsB = math.floor(secsLeftBar % 60) barCountdown = str.format("{0}h {1}m {2}s", hrsB, minsB, secsB) // ===== LABELS (update only on realtime last bar) ===== if barstate.islast var label sessLabel = na sessTxt = inSession ? "SESSION OPEN" : "SESSION CLOSED" if na(sessLabel) sessLabel := label.new(bar_index, high * 1.002, sessTxt, xloc.bar_index, yloc.abovebar, style=label.style_label_left, color=inSession ? color.green : color.red, textcolor=color.white, size=size.small) else label.set_xy(sessLabel, bar_index, high * 1.002) label.set_text(sessLabel, sessTxt) label.set_color(sessLabel, inSession ? color.green : color.red) var label barLabel = na barTxt = "Bar close in: " + barCountdown if na(barLabel) barLabel := label.new(bar_index, low * 0.998, barTxt, xloc.bar_index, yloc.belowbar, style=label.style_label_right, color=color.new(color.blue, 0), textcolor=color.white, size=size.small) else label.set_xy(barLabel, bar_index, low * 0.998) label.set_text(barLabel, barTxt) // ===== VOLUME (Vol 1) ===== volPlot = ta.sma(volume, volLen) plot(volPlot, title="Volume 1 (SMA)", style=plot.style_columns) // ===== HULL MOVING AVERAGE ===== hull(src, len) => wma_half = ta.wma(src, len / 2) wma_full = ta.wma(src, len) diff = 2 * wma_half - wma_full ta.wma(diff, math.round(math.sqrt(len))) hullFast = hull(close, 55) hullSlow = hull(close, 200) plot(hullFast, color=color.orange, linewidth=2, title="Hull 55") plot(hullSlow, color=color.blue, linewidth=2, title="Hull 200") // ===== SIMPLE SIGNALS (example) ===== longSignal = ta.crossover(hullSlow, hullFast) shortSignal = ta.crossunder(hullSlow, hullFast) plotshape(longSignal, style=shape.triangleup, location=location.belowbar, color=color.green, size=size.tiny, title="Long") plotshape(shortSignal, style=shape.triangledown, location=location.abovebar, color=color.red, size=size.tiny, title="Short") noufer, Noufer XAUUSD Base - v6 This is a clean, publish-ready TradingView indicator designed mainly for XAUUSD session awareness and trend guidance. 🔹 1. Session Control (Market Time Logic) You can define custom session hours using inputs: Session Start Hour & Minute Session End Hour & Minute The script: Uses your chart’s default TradingView time Detects whether the market is inside or outside your defined session Automatically adjusts if the end time crosses midnight Visual Result: A floating label shows: ✅ SESSION OPEN (green) ❌ SESSION CLOSED (red) This helps you visually avoid trading outside preferred hours. 🔹 2. Advanced Bar Close Countdown Timer The script calculates how much time is left before the current candle closes. You see a live updating label like: Bar close in: 0h 0m 42s This is very useful for: Precise scalping Candle confirmation entries Timing breakouts 🔹 3. Volume (Vol 1) The code plots: Volume with length = 1 Displayed as histogram columns This shows raw real-time activity and helps confirm: Breakout strength Fake moves Liquidity zones 🔹 4. Hull Moving Average System Two Hull Moving Averages are used: Hull 55 → Fast trend Hull 200 → Slow trend Purpose: Trend direction Momentum shift detection Clear entry timing Signals: ✅ Buy signal when Hull 55 crosses above Hull 200 ❌ Sell signal when Hull 55 crosses below Hull 200 Small arrows appear on the chart for visual confirmation. 🔹 5. Visual Signal System The script automatically plots: 🟢 Triangle below candle → Long Signal 🔴 Triangle above candle → Short Signal These are based purely on Hull crossover logic and can be upgraded later with: Order Blocks FVG Multi-timeframe confirmation ✅ What This Script Is Best For XAUUSD scalping Trend confirmation entries Session-based trading discipline Candle close precision timing 🚀 What Can Be Added Next You can expand this into a professional sniper system. Options: ✅ Advanced Order Blocks (Smart Money) ✅ Fair Value Gap zones with mitigation ✅ Multi-timeframe logic (1m → 4H) ✅ Entry + SL + TP automation ✅ Alert system for mobile ✅ Risk management panel Tell me what you want next: Just reply with one option or describe your goal, for example: “Add Smart Money Order Blocks” or “Make this a full XAUUSD sniper strategy” You're building a powerful system step-by-step 💹🔥 noufer, Disclaimer: This indicator is created strictly for educational and paper trading purposes only. It is not intended as financial advice or a guaranteed trading system. Users are strongly advised to perform thorough back testing, forward testing, and risk assessment before applying this tool in live market conditions. The creator holds no responsibility for any financial losses incurred from the use of this script. Trade at your own risk.
Pine Script® indicator
by nouferkarim
Session Highlighter (Asia / London / New York)This TradingView Pine Script highlights the three major Forex sessions—Asia, London, and New York—directly on the chart. Each session has customizable start/end times (based on New York time), toggle switches to show or hide them, and adjustable background colors. The script automatically detects sessions that cross midnight and shades the chart accordingly. It can also place optional labels at the exact opening of each session.
Pine Script® indicator
by maguilar126
Huli (Reversal) PatternsThis indicator identifies and highlights specific candlestick patterns that commonly appear at potential reversal points in price action. The indicator scans for five distinct pattern types and visually marks them on your chart with customizable colors and optional signal shapes. Pattern Detection: Doji - Identifies candles with minimal body size relative to their range Outside Bars - Detects engulfing patterns where the current bar completely contains the previous bar's range Pin Bars - Recognizes candles with long wicks and small bodies at potential swing points 212 Pattern - Marks three-bar reversal formations with specific high/low relationships 222 Pattern - Identifies more complex three-bar reversal structures Key Features: Individual Pattern Controls - Enable/disable each pattern type independently Volume Filtering - Optional volume increase requirement for each pattern (can be toggled on/off per pattern type) Lookback Period - Adjustable lookback bars for each pattern to confirm swing highs/lows (default: 30 bars) Visual Customization - Choose how patterns are highlighted: Body only coloring Body + wick coloring Body + border coloring Full candle coloring (body, wick, and border) Signal Shapes - Optional arrows, triangles, diamonds, or dots to mark pattern occurrences Custom Candle Colors - Apply custom colors to non-pattern candles for better visual organization Pattern Priority System - When multiple patterns occur simultaneously, the indicator displays only the highest priority pattern (222 > 212 > Pin > Outside > Doji) Configuration: Each pattern type includes its own settings group where you can adjust colors, enable/disable volume requirements, and set lookback periods. The indicator allows for precise tuning to match your analysis preferences without cluttering the chart. All patterns are evaluated using price structure and optionally volume, providing visual cues where multiple technical factors align. The indicator serves as a pattern recognition tool to assist in identifying areas of interest for further analysis.
Pine Script® indicator
by PonoTrading
TradingBee Supp & ResisTradingBee Untapped S&R 1. Core Concept This indicator is designed to identify "Fresh" or "Untapped" institutional order blocks. It operates on the theory that significant market reversals often occur at precise price points where the Close of one candle perfectly matches the Open of the next. When price reverses exactly at a specific level (without overlap), it indicates a strong rejection. This level remains valid (fresh) until the price returns to test it. Once tested, the level is considered "consumed" and is removed from the chart. 2. How It Works (The Logic) The indicator scans historical and real-time data for a specific Reversal Pattern: Bearish Reversal (Resistance): Previous Candle was Bullish (Green). Current Candle is Bearish (Red). Crucial Condition: The Close of the Green candle is equal to the Open of the Red candle (within your set tolerance). Result: A Red line is drawn at this price. Bullish Reversal (Support): Previous Candle was Bearish (Red). Current Candle is Bullish (Green). Crucial Condition: The Close of the Red candle is equal to the Open of the Green candle. Result: A Green line is drawn at this price. 3. Key Features Infinite "Untapped" Lines: The lines extend infinitely to the right side of the chart, allowing you to see levels created days or weeks ago that have not yet been revisited. Auto-Deletion (Smart Cleaning): As soon as the price (High or Low) touches a line, the indicator detects that the liquidity has been "tapped." The line immediately deletes itself to keep your chart clean and focused only on fresh opportunities. Multi-Timeframe (MTF) Capability: You can lock the indicator to a higher timeframe (e.g., 4 Hours) while watching a lower timeframe (e.g., 15 Minutes). This allows you to trade intraday fluctuations while remaining aware of major swing levels. Visuals: You can customize the Line Color and Width. Label Settings: Choose if you want the text to appear Above, Below, or On the line, and whether it should follow the price or stay fixed.
Pine Script® indicator
by TradBee