Candlestick analysis

FogWalkerTrader

High Volume Candles Indicator: This is a simple tool that shows you when there's a lot of action in the market. It highlights the candles with the highest trading volume on your chart. What It Does: Picks the Busiest Candle: It points out the candle with the most trading in your set time. Shows Buying and Selling: Green for lots of buying, red for lots of...

AlgoAlpha

The Peak & Valley Levels indicator is a sophisticated script designed to pinpoint key support and resistance levels in the market. By utilizing candle length and direction, it accurately identifies potential reversal points, offering traders valuable insights for their strategies. Core Components: Peak and Valley Detection: The script recognizes peaks and...

shaneaus

This script is for users who like to monitor and/or analyze a specified number of candles within the time the last candle closed. Al Brooks fans may enjoy this indicator. While searching for an indicator that already had this functionality I found a script by @Steversteves which counted the candles/percentage within a set period of time. This let me know it could...

Mr_Sagitario Diupdate 

The WaveReader is an algorithm that works out a strategy using various indicators that have been reconfigured and as soon as certain areas/goals/triggers have been reached, this is visualized as a sell or buy signal (large triangles) The indicator also uses the Smart Money Concept (Expo) by @Zeiierman which has been reconfigured and adapted from his open source...

Siddhantchavan666

How Script Works : 1] This Script Is Simple and Easy to Understand 2] This Script Is Combination of Specific Candlestick Patterns , Types of Candles and Market Volatility 4] Candlestick Patterns : Candlestick Patterns Works on Indicating a Potential Upside Move and Downside Move. 6] Volatility Check : It Looks for Weak Candles of Low Volatility 7] Signal...

Krindler

For the script in question This script acts as an indicator that a potential short term or long term trend reversal is coming. Note that not every candle can be used as an indication and the smaller ones tend to have little to no effect, however they can be used alongside orderblocks or future support/resistance areas. The best timeframes I've found these to be...

ClearTradingMind

No Wick Bull/Bear Candlesticks with Arrow premium This script is for a custom trading indicator called "No Wick Bull/Bear Candlesticks with Arrow premium" developed by ClearTradingMind. It is designed for use with trading platforms that support scripting, such as TradingView. This indicator combines several technical analysis tools to help traders identify...

isiklar_fx Diupdate 

This indicator is designed for traders who focus on the opening range breakout strategy and use EMAs as part of their trading decisions. The script markes the first 5 min opening candle and generates Buy and Sell signals calculating EMA. Basic features are : User Inputs: Allows users to enable/disable alerts and choose to display Exponential Moving Averages...

LokiMilo Diupdate 

Description: The size of a candle in trading offers a fundamental insight into market direction. Larger candles often indicate robust price movements, suggesting strength in either buying or selling activity. In an uptrend, substantial green (bullish) candles signify strong buying momentum, while in a downtrend, sizable red (bearish) candles indicate significant...

FakeNote1059975 Diupdate 

Description Enhance your trading strategy with precision using this script, designed to measure the range of a candle from wick to wick in pips. Whether you're implementing a specific pip requirement within a candle for your strategy, or simply seeking to better understand market dynamics, this tool provides valuable insights. The script is calculating the...

DrZy

The Urika Relative Price (URP) indicator is designed to compare the current price of an asset to an average of previous closing prices. It aims to show whether the current price is above or below the historical average and whether it's increasing or decreasing relative to that average. URP is more focused on the relationship between the current price and its...

Blockunity

Efficiently analyze market conditions and detect overheating zones. Regime Monitoring (BRM) is here to help you analyze the behavior of financial markets. The oscillator allows you to observe when an asset’s trend is likely to reverse. The trend is also given by the indicator, as is the phase the market is in (trending or congested). The BRM also provides the...

gadatas

This indicator is designed to identify and track swing highs and lows in a given market on chart timeframe. It plots these swing highs and lows as solid lines on the chart. The indicator allows for customization of the line color and width. The selected timeframe trend is visually represented in a table located in the upper right corner of the chart. To enhance...

Background_dust Diupdate 

This is Renko chart overlay for Candles chart. You can use it to identify market direction and potential key points. To use it simply select box size and any timeframe you want. With this overlay you can be sure that you'll see every brick on a chart showing general market direction with all the details of a candles chart. Alternatives Renko overlay charts: ...

DeepakGB

A Trend Finder is a specialized indicator designed to analyze market trends by combining pivot points and candlestick patterns. This hybrid approach aims to provide more accurate signals for identifying potential market directions. Here's a refined description of its features and usage: **Overview:** A Trend Finder indicator utilizes a combination of pivot points...

federalTacos5392b

Box Plot Concept: The script creates a modified box plot where the central box represents the range within 1 standard deviation from the midpoint (hl2), which is the average of the high and low prices. The whiskers extend to cover a range of 3 standard deviations, providing a visualization of the overall price distribution. Color Scheme: The color of the...

tradeforopp Diupdate 

This indicator presents an alternative approach to identify Market Structure. The logic used is derived from learning material created by @DaveTeaches When quantifying Market Structure, it is common to use fractal highs and lows to identify "significant" swing pivots. When price closes through these pivots, we may identify a Market Structure Shift (MSS) for...

NisonCandleScanner Diupdate 

Nison Candle Scanner (NCS) - the only indicator personally designed and tested by the acknowledged Western world’s top candlestick expert Steve Nison. Harness the proprietary technology of NCS to reveal important candle signals to quickly uncover potential entry and exit signals in any market and time frame. NCS is easy to set up and use... Discover for yourself...