Get started

Candlestick analysis

Rakesh's Ultimate Trading SystemKey Features: 1. Multi-Confirmation System 5 total signals working together: MTF Supertrend (Monthly + Weekly + Daily alignment) Ichimoku Cloud (Price vs Cloud + Tenkan/Kijun cross) Gann HiLo Activator (Trend direction) Darvas Box (Breakout/Breakdown) Current timeframe Supertrend 2. Smart Signal Generation You set minimum confirmations (1-5) needed for a signal STRONG BUY = When X out of 5 indicators confirm bullish STRONG SELL = When X out of 5 indicators confirm bearish Shows confirmation count on each signal label (e.g., "4/5") 3. Comprehensive Dashboard Shows real-time status of: ✓ Each indicator's current signal ✓ Overall market direction ✓ Bullish vs Bearish confirmation count ✓ Color-coded for quick decision making 4. All Indicators Plotted Ichimoku Cloud - Green/Red cloud with Tenkan/Kijun lines Gann HiLo - Dynamic support/resistance line Darvas Box - Top and bottom box levels Background colors - Show breakouts and overall trend 5. Built-in Alerts Automatic alerts when strong buy/sell signals trigger Shows how many confirmations fired How to Use: Conservative Trading (Recommended): Set "Minimum Confirmations" to 4 or 5 Only trade when almost all indicators align Fewer signals but higher probability Moderate Trading: Set to 3 confirmations Balanced approach - good signals, not too rare Aggressive Trading: Set to 2 confirmations More signals but require your own filtering Customization Options: All indicators can be toggled on/off: Show/hide individual Supertrend timeframes Show/hide Ichimoku Cloud Show/hide Gann HiLo Show/hide Darvas Box Show/hide Dashboard Adjustable parameters for each indicator: Supertrend: ATR period, Factor Ichimoku: Tenkan, Kijun, Senkou periods Gann: HiLo period Darvas: Box length Trading Strategy Examples: 1. Ultra-Safe Entry: Wait for 5/5 confirmations Enter on next candle Use Gann line as stop-loss 2. Breakout Trading: Watch for Darvas Box breakout Confirm with 3+ other indicators Ride the trend 3. Trend Following: MTF Supertrend shows main trend Use Ichimoku cloud for support/resistance Enter on Gann/Darvas confirmations This is a professional-grade system, Rakesh! It filters out false signals by requiring multiple confirmations. Much more refined than single-indicator systems! 🚀 Want me to adjust anything or add more features?Ris this also for tradingviewYes, absolutely! This is 100% for TradingView, just like the first one! How to Add This to TradingView: Same steps as before: Copy the code from the artifact above Go to TradingView.com Open Pine Editor (bottom of chart) Click "Open" → "New blank indicator" Paste the code Click "Save" and name it (e.g., "Advanced MTF System") Click "Add to Chart" What You'll See on Your Chart: ✅ Ichimoku Cloud - Green/Red cloud visualization ✅ Gann HiLo Line - Green when bullish, Red when bearish ✅ Darvas Box - Box top and bottom levels ✅ Buy/Sell Labels - "STRONG BUY 4/5" or "STRONG SELL 3/5" ✅ Dashboard Table - Top right corner showing all indicator statuses ✅ Background colors - Subtle green/red when strong signals appear It Works With: ✅ Stocks (NSE, BSE, US markets) ✅ Forex ✅ Crypto ✅ Commodities ✅ Indices (Nifty, Bank Nifty, etc.) Settings Panel: When you add it to chart, click the ⚙️ settings icon to customize: Toggle indicators on/off Adjust minimum confirmations (2, 3, 4, or 5) Fine-tune each indicator's parameters
Pine Script® indicator
by rabin97
Confirmation FilterConfirmation Filter – BOS + Follow-Through Confirmation Filter is a structure tool that only marks validated shifts in price delivery, not every break of structure. The script: Builds swing structure from pivots Identifies the swing low that carried the last bullish leg and the swing high that carried the last bearish leg Waits for a close through that key swing (your usual BOS) Then requires follow-through: Bearish: within N bars, price makes a new low below the break candle’s low Bullish: within N bars, price makes a new high above the break candle’s high Only when this follow-through occurs does the indicator print a Confirmation Bullish / Confirmation Bearish line from the originating swing. Why use it Filters out many “one-bar” fake BOS moves Highlights only those breaks that actually extend in the same direction Keeps the chart clean by tracking a single confirmed state at a time Inputs Pivot length – sensitivity of swing detection Line extension bars – how far the confirmation level is projected Max bars for follow-through – window (in bars) within which price must extend beyond the break candle Show labels – toggle on-chart text tags Best used together with your own BOS / structure tools: BOS = first break Confirmation Filter = breaks that proved themselves with follow-through.
Pine Script® indicator
by elhayekpaul2000
Pure FVG [Textbook]1. The Core Concept This is not a standard "show all gaps" indicator. It is a specific entry signal generator based on Smart Money Concepts (SMC). It focuses on Consequent Encroachment (The 50% Level). The underlying principle is that a Fair Value Gap (FVG) represents a market inefficiency where opposing traders are trapped. When price retraces at least 50% back into this gap, it creates pressure as these trapped positions look to exit—either through stop-losses or position reversal. This makes the gap most likely to act as a reversal zone. 2. How It Works (The Lifecycle) The indicator logic follows a strict sequence of events. A signal is generated only if all conditions are met in order: -- Phase 1: Identification (The Fresh Gap) The script scans for the classic 3-candle FVG pattern (where the 1st and 3rd candles do not overlap). Visual: It draws a box (Green for Bullish, Red for Bearish) extending to the right. The 50% Line: A dashed line is drawn through the center of the gap. -- Phase 2: Mitigation (The Gray Zone) This is the critical filter. The indicator waits for a candle to CLOSE past the 50% dashed line. Once this happens, the gap is considered "Deeply Mitigated." Visual: The box changes color to Gray. This tells the trader: "Price is deep in the zone, watch for a reaction." -- Phase 3: The Signal (Rejection) Once the box is Gray, the script watches for a "Rejection Candle." Bullish Scenario: Price is deep in the gap (Gray). The script waits for a candle to close higher than it opened (a green candle). Bearish Scenario: Price is deep in the gap (Gray). The script waits for a candle to close lower than it opened (a red candle). Visual: A Triangle Label (▲ or ▼) appears, signaling an entry. -- Phase 4: Invalidation If the price closes completely past the far edge of the box (the Stop Loss level), the box is deleted immediately. 3. Key Options These are the most important settings for the user: -- Min Gap Size (%): Filters out "noise." It ensures the script ignores tiny, insignificant gaps that are less than X% in height. -- Max Visible Gaps: Keeps your chart clean. It limits how many open boxes can be on the screen at once (e.g., only show the last 3 unclosed gaps). -- Show Signal History Only: Feature Highlight: When enabled, this hides all the "noise" of open or failed gaps. It only draws the boxes that successfully produced a Rejection Signal in the past.
Pine Script® indicator
by siLve_R88
TMT Sessions - Hitesh_NimjeTMT Session - HiteshNimje Overview This indicator highlights four configurable trading sessions (default: New York / London / Tokyo / Sydney) and draws session ranges, session VWAPs, session mean/trendline, max/min lines and optional dashboard info. It was built for students of Thought Magic Trading (TMT) to quickly visualize intraday structure across major sessions. Key features 4 separate sessions (A/B/C/D) — customizable names, times and colors. Session Range boxes (high/low), optional outline and labels. VWAP per session (volume-weighted average price). Mean / Trendline for session price (optional). Optional session Max/Min lines. Small on-chart descriptive labels explaining what each plotted line means. Simple dashboard showing session status (Active/Inactive), volume, trend strength and standard deviation (optional). Timezone offset or use exchange timezone. Default colors Session A — Blue Session B — Black Session C — Red Session D — Orange Usage / Notes Designed for intraday analysis — works best on intraday timeframes. Toggle any session, overlay, or label via input settings to reduce chart clutter. Labels and dashboard are optional; enable them only when you want the additional on-chart information. The indicator does not provide buy/sell signals. Use it as a structural reference in conjunction with your trading plan. Access & License EXCLUSIVE ACCESS: This indicator is for TMT students only. Distribution: Invite-only (author permission required) — the author will grant access by invitation. Redistribution, modification, or public reposting without permission is prohibited. Support / Contact For access requests or issues, contact the author: Hitesh_Nimje (Thought Magic Trading). (Provide invite requests directly to the author — do not attempt to share copies.) Disclaimer For educational purposes only. Trading involves risk. Past performance is not indicative of future results. The author is not responsible for trading losses.
Pine Script® indicator
by HiteshNimje_2026
ZynIQ Breakout Lite v1.2 - (Lite Pack)Overview ZynIQ Breakout Lite v1.2 provides a streamlined breakout framework designed to highlight expansion moves from short-term consolidation. It focuses on clarity and simplicity, making it suitable for intraday and swing trading. Key Features • Breakout range detection based on a configurable lookback period • Optional minimum candle-range filter • Simple signal spacing to reduce clustered signals • Direction-aware breakout triggers (non-repainting) • Optional ZynIQ Risk Helper for structured SL/TP planning • Optional HUD panel showing current settings and breakout context Use Cases • Identifying range breakouts • Highlighting directional shifts • Quickly assessing breakout structure with lightweight visuals Notes This tool assists with breakout structure and risk planning. It is not a trading system by itself. Use with your preferred confirmation tools and risk management.
Pine Script® indicator
by ZynIQ
Hurst Flow • @Capital.comDescription Hurst Flow is a regime-adaptive analytical tool that measures the continuous intention force behind market behavior. It blends momentum and persistence analysis to quantify how strongly price movement aligns with trend continuation versus mean reversion. The output is a normalized continuous force line: Positive values indicate increasing long-side capital exposure — markets showing trend-persistence and momentum alignment. Negative values reflect strengthening short-side capital exposure — environments favoring mean reversion or fading moves. Internally, the indicator processes open-price rate-of-change dynamics through adaptive smoothing, persistence estimation, and standardized scaling, producing a stable and comparable signal across time frames and assets. Use Hurst Flow as a market regime compass — to gauge bias, filter trades, or allocate exposure intensity dynamically. Input descriptions TF — Timeframe used to compute the signal. Higher TF = smoother, less whipsaw, but more lag. ROC length (Open) — Lookback for Open-to-Open rate of change (base momentum horizon). EMA length — Smoothing for ROC; increases stability at the cost of responsiveness. Hurst window — Window for Hurst-style persistence estimate; governs regime sensitivity. Standartizatoin window — Period for standardization; makes values comparable across assets/timeframes. Scale factor (0..1) — Final gain applied to the standardized signal; use <1 to temper amplitude. Presets/Backtest Below is a list of presets that can be used to test indicators. The presets cover various asset classes and time frames, demonstrating versatility and high customizability. To do this, you can use a special strategy Target % Rebalancer Based Strategy on Intention Indicator . The entry signal for the strategy is the output signal of the indicator from the chart, which can be selected from a special drop-down list. A detailed description of the strategy can be found on a special page. The presets presented were created on instruments not included in the sample. Below are the basic presets for the strategy. Other configuration functions can be used to fine-tune the strategy. The strategy settings are the same for all of the presets listed. The time interval must be set for both the indicator and the chart. Strategy fine tuning Enable Hysteresis + Cooldown : Off Risk & costs Enable Max Daily Loss Halt : Off Commission : 0.1% ============== Pre-Sets for Hurst Flow Indicator ============================= Preset Gold Chart bar size: 3D Indicator settings TF : 3D ROC : 10 EMA : 22 Hurst : 16 Standardization window length : 8 Scale : 1 ==================================================== Preset Crude Oil:USOIL Chart bar size: 1D Indicator settings TF : 1D ROC : 70 EMA : 6 Hurst : 26 Standardization window length : 16 Scale : 1 Final Weight Cap : 1 ==================================================== Preset S&P500 index Chart bar size: 2D Indicator settings TF : 2D ROC : 26 EMA : 8 Hurst : 33 Standardization window length : 16 Scale : 1 ==================================================== Preset MSFT Chart bar size: 2D Indicator settings TF : 2D ROC : 16 EMA : 50 Hurst : 44 Standardization window length : 32 Scale : 1
Pine Script® indicator
by Capital.com
Order Blocks, Breakers & Trend LinesSyntropy OB — Professional Order Blocks, Breakers & Trend Lines Toolkit A clean, institutional-grade Price Action tool trusted by thousands of smart traders. What makes Syntropy OB different: • Dual-layer Order Block detection (two independent ZigZag sensitivities) • Smart Breaker Blocks (OBs violated but never retested) • Second independent Breaker Block engine for higher-timeframe confirmation • Violated & retested OBs with strength + proximity filters (no chart clutter) • Two fully automatic dynamic Trend Line sets with configurable channel width (ATR-based) • Real-time extension of lines and blocks to the current bar • Minimalist, beautiful and highly customizable colors • Zero repainting — 100% reliable structure Perfect for: → ICT / Smart Money Concepts → Supply & Demand → Classic Price Action → Swing & intraday trading on any market (Crypto, Forex, Stocks, Futures) No lag. No nonsense. Just pure, clean structure. Add to favorites — this is the last Order Block + Trend Line tool you’ll ever need. Enjoy the edge, Syntropy Labs
Pine Script® indicator
by ctfnoe
RT-Bitcoin Funding CandlesIntroduction The RT-Bitcoin Funding Candles indicator and the RT-Bitcoin Spot vs Perp Funding indicator are designed to visualize Bitcoin funding conditions using estimated spot versus perpetual futures pricing. Together, they help traders see how funding has been behaving and where leveraged traders may be leaning over time. These two indicators are meant to be used together, and this write-up will cover how to utilize both tools. The RT-Bitcoin Funding Candles indicator converts estimated funding information into custom candle colors on the chart. The RT-Bitcoin Spot vs Perp Funding indicator shows the same concept in a separate panel, similar to how many traders use RSI or other oscillators. Both tools are intended as context layers around funding behavior, not standalone signal generators. RT-Bitcoin Funding Candles Indicator The RT-Bitcoin Funding Candles indicator uses estimated differences between Bitcoin spot prices and perpetual futures prices to color each candle based on whether conditions are more aligned with bullish leveraged positioning or bearish spot-driven pressure. In general terms: When perpetual futures trade at a premium to spot for extended periods, conditions are often associated with more aggressive leveraged long positioning. When perpetual futures trade at a discount to spot, conditions can indicate stress on leveraged longs or periods where spot demand is stronger relative to perp. The indicator converts this estimated spot versus perp relationship into a color scale on the candles: Bullish / Leveraged Funding Scale Dark Blue → Blue → Light Blue → White Bearish / Spot Funding Scale Dark Red → Red → Orange → Yellow This allows traders to look at a BTC chart and quickly see whether estimated funding has been skewed toward leveraged longs or more spot-driven pressure during each candle. Displaying Funding Candles On Top Of Price By default, some chart layouts may draw the RT-Bitcoin Funding Candles indicator behind the main price candles. To make the funding candles fully visible: Right click on the RT-Bitcoin Funding Candles indicator on your chart. Select Visual Order . Choose Bring to Front . Once this is done, the funding candles will sit on top of or replace the normal bar colors, making the funding bias easier to see at a glance. RT-Bitcoin Funding Candles Settings The RT-Bitcoin Funding Candles indicator includes a small set of tuning options so traders can control which exchange data is used and how sensitive the color transitions are. Key settings include: Exchange Selection Allows the trader to select which funding source is used for the calculation. Common options include: Binance, Deribit and Bybit. This lets traders align the indicator with the exchange they track most closely. Smoothness Adjuster Controls how sensitive the candle colors are to short-term changes in the spot versus perp relationship. Lower smoothing values will make colors react more quickly, but can be noisier. Higher smoothing values will make colors change less often, focusing on more persistent funding conditions. Customizing Funding Candle Colors Traders who prefer different color palettes can customize the funding candle colors in the Style tab of the indicator settings. Open the RT-Bitcoin Funding Candles indicator settings. Go to the Style tab. Adjust the colors and opacities for each bullish and bearish funding color step. This allows traders to keep the same logic while matching the visuals to their own chart themes. RT-Bitcoin Spot vs Perp Funding Indicator The RT-Bitcoin Spot vs Perp Funding indicator presents the same core concept in a separate, oscillator-style panel, similar to how traders might use RSI or other momentum tools. Instead of recoloring the main candles, it plots lines that reflect how strong the estimated spot versus perp funding relationship has been over time. This can make it easier to compare current conditions to previous periods and to see when funding has moved into more extreme zones. RT-Bitcoin Spot vs Perp Funding Settings The RT-Bitcoin Spot vs Perp Funding indicator provides a set of inputs so traders can tune how the estimated funding lines behave visually: Premium Sensitivity Controls how sensitive the plotted lines are to changes in the underlying estimated spot versus perp relationship. Higher sensitivity will cause the lines to move more aggressively. Lower sensitivity will smooth smaller fluctuations and focus on larger swings. Premium Smoother Applies additional smoothing to the raw estimated funding data. Because the underlying data can be noisy in its raw form, this setting helps reduce erratic spikes so that major shifts in funding are easier to read. Exchange Toggles Allows the trader to choose which exchanges are displayed in the panel. For example: Show or hide Binance funding lines. Show or hide Deribit funding lines. Show or hide Bybit funding lines. If multiple exchanges are enabled, multiple lines can be displayed for comparison. Line Colors Line colors and thickness can be adjusted in the Style tab. This makes it possible to: Assign different colors to each exchange. Emphasize key lines while de-emphasizing others. How Traders Commonly Use These Tools The RT-Bitcoin Funding Candles and the RT-Bitcoin Spot vs Perp Funding indicators are typically used as part of a broader BTC workflow rather than on their own. Common usage patterns include: Context Around Extremes Comparing current estimated funding conditions to past extremes to see when funding has become unusually one-sided relative to history. Trend And Funding Alignment Studying whether strong trends are being supported by consistent estimated leveraged funding, or whether price is moving against the prevailing estimated funding bias. Multi Tool Confluence Combining estimated funding candles or the spot versus perp panel with other tools such as RT-Main Indicator, Machine Learning Reversion Bands, or pivots to build a more complete picture of market conditions. Exchange Comparison Using the Spot vs Perp Funding panel to compare how different exchanges are pricing estimated funding at the same time and to see when one venue becomes an outlier. In all cases, these indicators are intended to provide an additional layer of information about how spot and perp markets have been behaving. They are not designed to be automatic entry or exit systems. Important Note The RT-Bitcoin Funding Candles and the RT-Bitcoin Spot vs Perp Funding indicators use chart-based calculations and publicly available pricing to approximate funding behavior. They do not access private exchange order books or actual liquidation feeds, do not reveal real trader positions, and cannot guarantee that any specific funding condition will lead to a particular price move. These tools are intended to provide additional context around funding, positioning, and potential areas of interest. They are not standalone signal generators and should always be used together with your own analysis, testing, and risk management. Historical funding patterns or past interactions with these indicators do not guarantee future results. 🐋 Tight lines and happy trading!
Pine Script® indicator
by RainbowRunner144
RT-Bitcoin Spot vs Perp FundingIntroduction The RT-Bitcoin Funding Candles indicator and the RT-Bitcoin Spot vs Perp Funding indicator are designed to visualize Bitcoin funding conditions using estimated spot versus perpetual futures pricing. Together, they help traders see how funding has been behaving and where leveraged traders may be leaning over time. These two indicators are meant to be used together, and this write-up will cover how to utilize both tools. The RT-Bitcoin Funding Candles indicator converts estimated funding information into custom candle colors on the chart. The RT-Bitcoin Spot vs Perp Funding indicator shows the same concept in a separate panel, similar to how many traders use RSI or other oscillators. Both tools are intended as context layers around funding behavior, not standalone signal generators. RT-Bitcoin Funding Candles Indicator The RT-Bitcoin Funding Candles indicator uses estimated differences between Bitcoin spot prices and perpetual futures prices to color each candle based on whether conditions are more aligned with bullish leveraged positioning or bearish spot-driven pressure. In general terms: When perpetual futures trade at a premium to spot for extended periods, conditions are often associated with more aggressive leveraged long positioning. When perpetual futures trade at a discount to spot, conditions can indicate stress on leveraged longs or periods where spot demand is stronger relative to perp. The indicator converts this estimated spot versus perp relationship into a color scale on the candles: Bullish / Leveraged Funding Scale Dark Blue → Blue → Light Blue → White Bearish / Spot Funding Scale Dark Red → Red → Orange → Yellow This allows traders to look at a BTC chart and quickly see whether estimated funding has been skewed toward leveraged longs or more spot-driven pressure during each candle. Displaying Funding Candles On Top Of Price By default, some chart layouts may draw the RT-Bitcoin Funding Candles indicator behind the main price candles. To make the funding candles fully visible: Right click on the RT-Bitcoin Funding Candles indicator on your chart. Select Visual Order . Choose Bring to Front . Once this is done, the funding candles will sit on top of or replace the normal bar colors, making the funding bias easier to see at a glance. RT-Bitcoin Funding Candles Settings The RT-Bitcoin Funding Candles indicator includes a small set of tuning options so traders can control which exchange data is used and how sensitive the color transitions are. Key settings include: Exchange Selection Allows the trader to select which funding source is used for the calculation. Common options include: Binance, Deribit and Bybit. This lets traders align the indicator with the exchange they track most closely. Smoothness Adjuster Controls how sensitive the candle colors are to short-term changes in the spot versus perp relationship. Lower smoothing values will make colors react more quickly, but can be noisier. Higher smoothing values will make colors change less often, focusing on more persistent funding conditions. Customizing Funding Candle Colors Traders who prefer different color palettes can customize the funding candle colors in the Style tab of the indicator settings. Open the RT-Bitcoin Funding Candles indicator settings. Go to the Style tab. Adjust the colors and opacities for each bullish and bearish funding color step. This allows traders to keep the same logic while matching the visuals to their own chart themes. RT-Bitcoin Spot vs Perp Funding Indicator The RT-Bitcoin Spot vs Perp Funding indicator presents the same core concept in a separate, oscillator-style panel, similar to how traders might use RSI or other momentum tools. Instead of recoloring the main candles, it plots lines that reflect how strong the estimated spot versus perp funding relationship has been over time. This can make it easier to compare current conditions to previous periods and to see when funding has moved into more extreme zones. RT-Bitcoin Spot vs Perp Funding Settings The RT-Bitcoin Spot vs Perp Funding indicator provides a set of inputs so traders can tune how the estimated funding lines behave visually: Premium Sensitivity Controls how sensitive the plotted lines are to changes in the underlying estimated spot versus perp relationship. Higher sensitivity will cause the lines to move more aggressively. Lower sensitivity will smooth smaller fluctuations and focus on larger swings. Premium Smoother Applies additional smoothing to the raw estimated funding data. Because the underlying data can be noisy in its raw form, this setting helps reduce erratic spikes so that major shifts in funding are easier to read. Exchange Toggles Allows the trader to choose which exchanges are displayed in the panel. For example: Show or hide Binance funding lines. Show or hide Deribit funding lines. Show or hide Bybit funding lines. If multiple exchanges are enabled, multiple lines can be displayed for comparison. Line Colors Line colors and thickness can be adjusted in the Style tab. This makes it possible to: Assign different colors to each exchange. Emphasize key lines while de-emphasizing others. How Traders Commonly Use These Tools The RT-Bitcoin Funding Candles and the RT-Bitcoin Spot vs Perp Funding indicators are typically used as part of a broader BTC workflow rather than on their own. Common usage patterns include: Context Around Extremes Comparing current estimated funding conditions to past extremes to see when funding has become unusually one-sided relative to history. Trend And Funding Alignment Studying whether strong trends are being supported by consistent estimated leveraged funding, or whether price is moving against the prevailing estimated funding bias. Multi Tool Confluence Combining estimated funding candles or the spot versus perp panel with other tools such as RT-Main Indicator, Machine Learning Reversion Bands, or pivots to build a more complete picture of market conditions. Exchange Comparison Using the Spot vs Perp Funding panel to compare how different exchanges are pricing estimated funding at the same time and to see when one venue becomes an outlier. In all cases, these indicators are intended to provide an additional layer of information about how spot and perp markets have been behaving. They are not designed to be automatic entry or exit systems. Important Note The RT-Bitcoin Funding Candles and the RT-Bitcoin Spot vs Perp Funding indicators use chart-based calculations and publicly available pricing to approximate funding behavior. They do not access private exchange order books or actual liquidation feeds, do not reveal real trader positions, and cannot guarantee that any specific funding condition will lead to a particular price move. These tools are intended to provide additional context around funding, positioning, and potential areas of interest. They are not standalone signal generators and should always be used together with your own analysis, testing, and risk management. Historical funding patterns or past interactions with these indicators do not guarantee future results. 🐋 Tight lines and happy trading!
Pine Script® indicator
by RainbowRunner144