Candlestick analysis

tarun171977 Diupdate 

Inside bars occur when the current bar's high is lower than the previous bar's high and the current bar's low is higher than the previous bar's low. The script changes the color of inside bars to orange for better visualization.

AnuarASM

Buy and sell bars Buy bar is printed when several conditions are met. Bar is lowest of the last 3 Bar > 10 ema has a dow whick, which is greater than the previous bars

mayureshjadhav12

This Pine Script indicator identifies and labels rally, base, and drop candles on your chart, aiding traders in recognizing key price action phases. Rally candles represent periods of upward price momentum, typically characterized by strong bullish movement. Base candles indicate consolidation or sideways movement, suggesting a temporary pause in the trend. Drop...

Profit_Group Diupdate 

Этот индикатор "Fibonacci Entry Signals" помогает определить точки входа в покупку и продажу на основе уровней Фибоначчи и скользящей средней. Ключевые особенности: Уровни Фибоначчи: Индикатор рисует на графике несколько уровней Фибоначчи, таких как 38.2%, 50% и 61.8%. Эти уровни определяются на основе крайних точек цены за последние 100 баров. Уровень 0%...

mayureshjadhav12 Diupdate 

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,...

FogWalkerTrader

This a trend following indicator using simple moving averages and price close,high and low of recent candles to plot a buy or sell signal. IMPORTANT - this indicator does not repaint.Traders need to wait untill the the closing of the candle though as the signal is dependant of the close of the period. Buy Signal: Price closes above the 20, 50, and 200 simple...

mgrlingam Diupdate 

The inside bar pattern is characterised by two consecutive candlesticks that often suggest a period of consolidation or indecision in the market. Traders and analysts can find value in identifying the setup as it can provide insights into potential future price movements.

okmarcus Diupdate 

OK Dynamic $250 Stop Loss Level Indicator **Overview:** The "Dynamic $250 Stop Loss Level" indicator is designed to assist traders in managing their risk by displaying a dynamic stop loss level on the chart. This stop loss level corresponds to a $250 loss from the trader's entry price, adjusted based on the number of contracts being traded. The indicator...

tutormetatrader

This script implements a trading strategy combining Fractal and Parabolic SAR indicators. It is designed to generate buy and sell signals based on these conditions: Fractal Indicator: Identifies points where there is a series of five bars, where the highest (for buy fractal) or lowest (for sell fractal) is in the middle and the two highest or lowest are on either...

calvary1611

Opening Range Lines Indicator The Opening Range Lines indicator, abbreviated as "OR Lines," is a tool designed to visualize the price range established during the initial moments of a trading session. It helps traders identify significant levels of support and resistance based on the price action during the opening minutes of the session. Features: Customizable...

Vanitati

========================================================= How to Use the Indicator ========================================================= Configuration: Begin by setting the session times to match your trading interests. Customize the colors and styles according to your preferences. Observation: Watch for the high and low markers of each session to form the...

Bro_Sheep

This TradingView script implements an optimized Jurik Moving Average (JMA) indicator with multiple periods. Users can input three different lengths (7, 25, 60), phase, and power settings. The script calculates and plots three JMA lines on the chart, each with a distinct color (blue, red, green) for easy differentiation. The JMA is known for its smoothness and...

rhinostomp

Draws thick vertical lines behind candles or bars so it looks like the wicks are thick. The thickness is adjustable and so are the color for up bars vs down bars.

Smollet

Indicator wenting to the lower time frame(if compare with current chart time frame) and seek what happened first, the low of previouse bar was updated first or the high of previouse bar. In some trading strategies need to know exactly sequence of actions for outside bars to program the logic for testing on deep history. If first was updated the high of previouse...

Pufferman7777

The idea is to identify significantly large candles on high volume. These candles frequently offer significant context to the subsequent candles. The indicator marks unusually large candles with certain body to wick & tail ratio that has above average volume. These candles are marked bullish and bearish (green or red respectively). It is recommended that these...

deepanshusuman

The "High-Low Difference" indicator calculates the difference between the high and low prices within a specified period. In technical analysis, the high and low prices of an asset over a given period can provide valuable insights into the price volatility and trading range. By subtracting the low price from the high price, this indicator quantifies the range...

Erebor_GIT

TSI (True Strength Index) The TSI (True Strength Index) is a momentum-based trading indicator used to identify trend direction, overbought/oversold conditions, and potential trend reversals in financial markets. It was developed by William Blau and first introduced in 1991. Here's how the TSI indicator is calculated: • Double Smoothed Momentum (DM): This is...

TFlab

🔵 Introduction In "technical analysis", there are certain reversal patterns that alert us to a potential reversal of a stock's previous trajectory. Two significant patterns in this regard are the "Morning Star" pattern and the "Evening Star" pattern, which are formed by a combination of three different candlesticks and are considered as reversal patterns....