Dynamic Candle Balance Indicator The Dynamic Candle Balance Indicator is a powerful tool designed to identify imbalances in candle colors on a chart, which can indicate potential reversals or changes in market direction. This indicator is specifically developed for traders operating on short timeframes, such as 1-minute candles, and is particularly useful...
█ OVERVIEW This indicator automatically detects and draws bullish Cassiopeia B harmonic patterns and price projections derived from the ranges that constitute the patterns. Cassiopeia A, B and C harmonic patterns are patterns that I created/discovered myself. They are all inspired by the Cassiopeia constellation and each one is based on different rotations...
█ OVERVIEW This indicator automatically detects and draws bearish Cassiopeia B harmonic patterns and price projections derived from the ranges that constitute the patterns. Cassiopeia A, B and C harmonic patterns are patterns that I created/discovered myself. They are all inspired by the Cassiopeia constellation and each one is based on different rotations...
This Pine Script indicator calculates and visualizes the price movement for each candlestick on the chart. - **Calculation**: The price movement for each candle is determined by subtracting the opening price from the closing price. - **Visualization**: The price movement is plotted as a histogram, with positive values indicating upward movement (green bars)...
The Neutral State MACD {DCAquant} The Neutral State MACD {DCAquant} offers a nuanced interpretation of the classic MACD (Moving Average Convergence Divergence) indicator. By focusing on the neutrality of price movements, it serves to identify periods where the market lacks a defined directional bias, often seen as potential phases of accumulation or distribution...
This Pine Script indicator identifies and highlights truly bullish and bearish candles on your chart. Truly bullish candles are characterized by a strong bullish close significantly above the specific percentage, suggesting strong buying pressure. Conversely, truly bearish candles exhibit a strong bearish close significantly below the specific percentage,...
This indicator draws a vertical line on the chart at every Sunday opening price. The indicator is intended to help divide the chart into individual weeks. You can adjust the time when the line is drawn in the settings.
Inside Bar: An inside bar forms when the high and low range of a candlestick is within the high and low range of the previous candlestick. In other words, the current candlestick's high is lower than the previous candlestick's high, and the current candlestick's low is higher than the previous candlestick's low. Inside bars indicate a period of consolidation or...
Neutral State Stochastic Oscillator {DCAquant} The Neutral State Stochastic Oscillator {DCAquant} is an enhanced version of the classic Stochastic Oscillator. This iteration aims to refine the detection of neutral market states — periods where the market is neither overbought nor oversold — potentially signaling a period of consolidation or equilibrium before the...
Pivot Length Bands Indicator Description: The Pivot Length Bands indicator is designed to visualize price volatility based on pivot points and ATR-adjusted pivot points. I. These bands can help traders identify potential support and resistance levels and assess the current volatility of the market. Inputs: Swing Length: The length of the swing used to calculate...
This indicator identifies instances where a doji candlestick pattern is followed by either a bullish or bearish candle, indicating potential reversal or continuation signals in the market. Features: Doji Detection: Utilizes the concept of doji candlesticks, where the difference between the open and close prices is minimal compared to the candle's overall...
Open Price Lines Indicator Purpose: The Open Price Lines indicator is designed to help traders identify and visualize key price levels by drawing horizontal lines at the opening prices of specific candles throughout the trading day. This can be particularly useful for observing market reactions to these levels and making informed trading...
Hey people! Thanks for using Expansion Candles. I designed this tool to help me identify price runs (expansions) based on consecutive bullish or bearish candle closes and then trade continuations on the lower timeframes. Here's what makes it awesome: How Does It Work? An “expansion” is confirmed after multiple closes above the previous candle’s high (in the...
This indicator is all about flag patterns. It comes with easy buy and sell signals and in the settings, you can edit trading session hours as well as other key factors like EMAs.
Profit refers to the financial benefit realized when the revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining that activity. Here are the key points about profit: Gross Profit: Gross profit is calculated as the difference between total revenue and the cost of goods sold (COGS). Mathematically, it can be...
The script helps in recognizing the money flow resistance and rsi level combinations and is quite useful
//@version=4 study("Custom MA Crossover Indicator with 100 Point Target", shorttitle="MA Crossover w/ 100pt Target", overlay=true) // User-defined input for moving averages shortMA = input(10, minval=1, title="Short MA Period") longMA = input(100, minval=1, title="Long MA Period") target_1 = input(50, minval=1, title="Target_1") target_2 = input(100, minval=1,...
//@version=4 study("Custom MA Crossover Indicator with 100 Point Target", shorttitle="MA Crossover w/ 100pt Target", overlay=true) // User-defined input for moving averages shortMA = input(10, minval=1, title="Short MA Period") longMA = input(100, minval=1, title="Long MA Period") target_1 = input(50, minval=1, title="Target_1") target_2 = input(100, minval=1,...