//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI
//1. Bearish Three Line Strike +Up 67.38%
//2. Bullish Three Line Strike -Down 65.23%
//3. Bearish Three Black Crows -Down 59.83%
//4. Bearish Evening Star -Down 55.85%
//5. Bullish Upside Tasuki Gap +Up 54.44%
//6. Bullish Inverted Hammer -Down 51.73%
//7. Bullish Matching Low -Down 50.00%
This strategy allows you to pick from 9 different candlestick patterns, and test them against historical data from your chart. You can get a good idea what patterns work best for each chart by turning each pattern on and off in the settings.
1. Ichimoku Signal:
- UP-S: A strong bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen and the cross is above the Kumo.
- UP: An neutral bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen and the cross is in the Kumo.
- UP-W: A weak bullish signal occurs when the Tenkan Sen...
This is a script to help the beginners locate the candle patterns. It has a nice code that can be used in other scripts too. Easy to use with separated functions, simple patterns and complex patterns detections.
I have done some updates at the Candlestick Patterns Identified script by @repo32. Was a good start of my ideia. Tks for sharing repo.
It will be...
This script is designed to show you the average candle size in pips (wick to wick) for however many bars you choose (20 is default).
The idea is that if the average candle size for the last 20 bars is, let's say 25, you would probably not want to set your stop loss less than 25 because it is more likely to get hit.
if you find this script helpful, tips and...
This is a bearish candlestick reversal pattern formed by two candlesticks.
Following an uptrend, the first candlestick is a up candlestick which is
followed by a down candlestick which has a long real body that engulfs or
contains the real body of the prior bar. The Engulfing pattern is the reverse
of the Harami pattern.
This indicator will:
signal a GREEN triangle if a candle opens below the EMA and closes above the EMA
signal a RED triangle if the candle opens above the EMA and closes below the EMA
First identify the trend (stick to one timeframe, I use 4h)
If in an UP trend, then go LONG on GREEN triangles, do not trade red triangles as that would be a...
The default script has: Doji , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts
Arrows that will appear on the candles that follow one or more candle patterns, showing the possible market direction. It's best to enter when the new candle form, after the candle with the arrow appear. Daily chart it's the best on the backtests. Based with Forex markets.
Experimental histogram based on multi indicator signals.
Generates a score based on:
Price and volume changes
and many more.
Can be used to detect top and bottoms, reversals, trend, best moments to enter a trade and more.
Crayons is early onset hyper customizable trend reversal trading suite
There is some big changes for Signal and Pivot generation and its set as Default mode so in case of nostalgia for white noise there is an option to "rollback" placed at the top of input menu
As always- hyper...
♠♥As always -No repaint, Signals are real time♦♣
First release version is not tunned, parameters need testing and manual tuning from users
Label meanings and color is self explanatory and pretty straight forward
Signals deviate from Candlestick sequences and Volatility