5 Mins Scalp on any Pair: -Model Components: a.EMA 200 b.VWMA 20 c. ADX d.DI+/DI- e.Volume ansd Average Volume - The Model will give you the Buy/Sell signal but you have to consider: a.The Candlestick patterns b.How far the candle from the ema200(Blue line) c.The vwma can be used as supporting indicator -Trading Rules: a.Leverage 10x b.Take profit always: 2%...
Rally Candle will signal when price is at the end of a Rally to the upside and thus entering a balance phase in the market (works on all markets) This candle works very efficient when the market is either trending downwards or in range markets where price is at resistance. (i would avoid in uptrends but depends on the trader) Also we can expect this candle to...
An experiment using Pinescript's candle plotting feature. This indicator performs a linear regression on the lows, highs, and moving average, and plots them all in the form of a candlestick. If the close is below the prediction, the candlestick is red, if the close is above the regression, the candlestick is green. Effective and aesthetic way to analyze trends.
This script, redraws the Minute, Hourly, Daily, Weekly, Monthly candles for gap up and gap down situation. Also this candle marks the LEG candles and BASE Candles with different colors to mark the supply and demand zone. This script is only for Indian NSE markets (09:15 to 15:30) for GAP up/GAP down redraw. This script is most beneficial for TradeLegend...
█ OVERVIEW This is a simple script that will plot labels over or under candles to show where there had been consecutive candles that closed in a similar fashion. This script was inspired by a Tweet about Bitcoin experiencing its first 7th-consecutive weekly black candle and I sought out to test that. █ INPUTS There are three inputs for this script....
This inverted hammer indicator has several options that help identify instances with a higher probability of success. For example, inverted hammers may have a higher success rate when they: - Breaks the previous day's high - Close higher than the previous close - Have a large upper wick - Have a small lower wick etc. Play with the options on your chart of choice...
The indicator shows a price change with respect to a preceded price and the moving average on a given period. It could be used for the volatility evaluation as well as the normalization of the price evolution.
Pullback Candle will signal when price is at the end of a pullback and entering a balance phase in the market (works on all markets) Also we can expect a Pullback Candle during flash crashes as the theory of this script is when there is a turning point in momentum - this candle will appear and we can look long from this signal. This candle will only work in...
This is a indicator based on the well known Heikin Ashi candle. There is one diference, it uses the "Close" from the original candle and a spot price wich can be adjusted to calculate the moving averages. As default I set it as spot = close*0.8 + open*0.2. The periods of the moving averages can be adjusted too. The intention is to extract the smoothness of the...
Cleaner chart - Simple Alert that triggers on Red or Green price Candle
Shows Trading Days starting at 5pm (UTC-4 NY Time) Shows active Asian, UK and US markets by having a different background colours while those markets are open. Shows possible Brinks hammer/inverted hammers at 03:45 and 09:45
This indicator determines the time (in minutes) for which a bar of the Range Bar type was formed. In order to avoid errors in the calculations, a weekend check is immediately carried out (one day if it is a holiday or two days if it is a weekend). If there are more days off, then the information on the first bar after the weekend may be incorrect. Индикатор...
closeday1 = security(syminfo.tickerid, "D", ((close+close +close +close +close )/5)) closeday2 = security(syminfo.tickerid, "D", ((close+close +close +close +close )/5*0.95)) closeday3 = security(syminfo.tickerid, "D", ((close+close +close +close +close )/5*0.87)) closeday4 = security(syminfo.tickerid, "D", ((close+close +close +close +close )/5*1.05)) closeday5 =...
MTF Stochastic Zones w/ Candle and Swing Hi/Lo Indicators by // © KaizenTraderB This indicator will display the Stochastic RSI as color zones utilizing 3 Timeframes of your choice as well as key reversal candles: Entry Timeframe StochRSI Crossovers and Long Wick Reversal Candles (Hammer and Hanging Man) and Engulfing Candles That correlate with Swing Highs and...
Highs/Lows difference indicator To visually evaluate the difference between highs and lows of a price range. This handsome indicator shows: difference between highs of 2 candles by displaying it in green histogram difference between lows of 2 candles by displaying it in red histogram difference between both highs and lows by displaying a circle at the...
This indicator based on Heikin Ashi RSI Oscillator The indicator like a plugin of Heikin Ashi RSI Oscillator At the line NO.1 the (the red candle turn into green) ,but price sitll bumpy . At the line NO.2 after the mark and long signal appears and price goes up And the Vegas tunnel could be TPotSL 一號線的位置出現了Heikin Ashi RSI Oscillator...
To visually evaluate the percentage change in price over any time period This handsome indicator shows exact % price change at each candle by displaying a circle at the level of the change. To read numerical value, point at the circle of the relevant bar corresponding to the candle you are interested in, and look at the scale.