Candles (acronyms)Same script as "Candles" by TraderMentality but with acronyms for candle shape names.
Candlestickpattern
Cuban's Candle ColouringUsing a complex combination of bullish/bearish candle structure (such as engulfings and breakouts) and moving averages, this indicator attempts to illustrate weakness and strength within a trending market.
Included are labels that highlight important breaks of micro structure levels.
The beauty of this script lies in the discretionary trading of 'mid-candle' colour changes, giving the trader a simple micro structure bias.
The white ( bullish ) and dark red ( bearish ) colours are the higher confluence indications of candle structure breakout and breakdown, with the grey (semi-bullish) and pink (semi-bearish) showing trend weakness.
The Golden PivotsThe Golden Pivots indicator is a combination of the following:
1. Central Pivot Range
2. Floor Pivots
3. Camarilla Pivots
4. Monthly, Weekly, Daily Highs and lows
5. Candlestick Setups
All the pivot calculations are based on Secret of Pivot Boss book by Frank Ochoa.
One can also view tomorrow's central pivot range by today end of the day.
Cuban's Candle ColouringUsing a complex combination of bullish/bearish candle structure (such as engulfings and breakouts) and moving averages, this indicator attempts to illustrate weakness and strength within a trending market.
Included are labels that highlight important breaks of micro structure levels.
The beauty of this script lies in the discretionary trading of 'mid-candle' colour changes, giving the trader a simple micro structure bias.
The white (bullish) and dark red (bearish) colours are the higher confluence indications of candle structure breakout and breakdown, with the grey (semi-bullish) and pink (semi-bearish) showing trend weakness.
Periodic CandleI have developed this indicator to be able to see the current day's candle. You can use any period that supported by TradingView. You can even shift the candle and plot the past days (period) candle.
Disclaimer: This is not financial advice
Trade safe,
Atilla
Kay-Rules: Candlestick PatternsThis indicator will mark 5 different candlestick patterns:
(1) bullish & bearish engulfing
(2) hammer & shooting star doji
(3) dragonfly & gravestone doji
(4) morning & evening star doji
(5) bottom & top tweezer
You may follow candlestick trading strategy by Rayner Teo here
Scalper Alerts
Use in conjuction with the Scalper .
Configure both with the same properties to verify.
minimum risk V.1Was playing around and I've had this idea: most of day traders looking for catching price swings and sometimes they forgot about risk, so I was keeping focus not on price swings but on risk-momentum: the idea was to catch daily moments when the risk was minimum and this is the result.
There are some rules to use it correctly
1. Use it on lower timeframe (1M to 30M) best --> 1M to 5M
2. Do not open position on every signal !! keep focusing on the price
3. works better on Forex
upin and doin input: you can change it and you will see more signals but keep this inputs low as it is a filter I'm using for signals
I will update the indicator if I found new ideas
Enjoy!!
Binary Options Arrows (example)An example of Binary Option Arrows (BOA) for candlestick patterns bearish and bullish harami.
With results as coloured background and an option to choose your expiration (one candle by default).
It's just an example for those who has their own strategy and wants to make nice arrows in their chart.
All you need to do is rewrite piece of script in lines 9:13 - feel free to ask me for any help.
Disclaimer: It's just an example how to script arrows for binary option trading, Poshtrader is not responsible for any loss of money by using this particular strategy.
Happy Trading
Candle Patterns AlertCandlestick pattern alerts for strategies "Candle Patterns Strategy" and "Candle Patterns Strategy - 2".
In order not to receive unnecessary signals, in the "Manage alerts" option should be selected "Once per bar close".
Daily Forex ArrowsArrows 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.
Magick SuperpositionExperimental histogram based on multi indicator signals.
Generates a score based on:
Trend
Volatility
Momentum
Price and volume changes
Candlestick patterns
and many more.
Can be used to detect top and bottoms, reversals, trend, best moments to enter a trade and more.
Invite-only.
Trial available.
Engulfing Scanner v1This indicator helps you to quickly identify bullish and bearish engulfing patterns.
Works on currencies only (pips required).
Dark Cloud Cover Pattern Trading Setupthis study is another script based on the candlestick pattern . there are a few filters implemented to be applied to the output result to clear out noises. it sounds like finding real Dark Cloud Cover instances are too rare (interesting though!).
Dark Cloud Cover
it is a bearish reversal candlestick pattern where a down candle (typically bearish) opens above the close of the prior up candle (typically bullish) and then closes below the midpoint of the up candle. The five criteria for the Dark Cloud Cover pattern are:
An existing bullish uptrend.
An up (bullish) candle within that uptrend.
A gap up on the following day.
The gap up turns into a down (bearish) candle.
The bearish candle closes below the midpoint of the previous bullish candle.
all these criteria are implemented in code to produce a more accurate result.
please provide me with your valuable comments,
thanks for your attention,
Piercing Line Pattern Trading Setupthis study is the first one of a series of scripts based on the candlesticks pattern which will be published over time. There are several such scripts out there that can be found on TradingView but they seem to be inaccurate with a lot of noises and messy hard to understand code. In this script, I've tried to have a clean and easy to get
of the pattern itself and the method for detecting it with enough parameters to filter out the noises.
Piercing Pattern
A piercing pattern is a technical trading signal that is formed by a closing down day with a good-sized trading range, followed by a trading gap lower the following day with a bullish candlestick that covers at least half of the upward length of the previous day's bearish candlestick body, finishing with a close higher for the day. A piercing pattern often signals the end of a small to moderate downward trend. A piercing pattern can serve as a potential indicator for a bullish reversal. This pattern is formed by two consecutive candlestick marks. The first candlestick is bearish signifying a down day and the second is bullish signifying an up day. When a trader is watching for a bullish reversal any red candlestick followed by a green candlestick could be an alert. There are a few things that set a piercing pattern apart from a general red candlestick green candlestick pattern. In a piercing pattern, a green candlestick follows a red one with a significant gap in the red candlestick close and green candlestick open. On the second-day green candlestick, the candlestick’s body must also lengthen to cover at least half of the previous day’s red candlestick . Generally, the gap down and substantial increase to the closing price are good signs for a reversal. In a piercing pattern, the second-day green candlestick will close at or above the midpoint of the previous day’s red candlestick.
please provide me with your valuable comments,
thanks for your attention,
Candles - Cheat SheetWhat is up y'all ? (french trying to sound American)
I found that in my script archives, way back in an old cave. I think this might be useful as a few really asked me how to define a green/red candle, how to capture the wick value, the body, etc..
This is not a fancy script as usual and I'm sure they're plenty of candles pattern scripts out there but I saw no one sharing a simple candle cheat sheet for pinescript coding
Being able to define candles using codes is an essential skill to have for any Pinescripter
Still on the train so won't write a roman as usual... Kidding... I actually did it here What-is-an-Hard-Exit-and-a-few-notes-on-trading-management/
It won't bring me as many likes as any magic p**p cannon accounts promising the moon at each trade but if I can help at least 1 trader a day not losing his/her money, I'll be happy and my daily goal will be fulfilled
All the best
Dave
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Candlestick.Detector.with.SMA.EMACandlestick Pattern Detector with
2 x MA optional (20, 200)
2 x EMA optional (50,200)
Incldudes
Doji = color > #050800
Shooting Star, color > orange, shape=arrow down
Evening Star, color > red, shape = diamond
Morning Star, color=orange, shape = diamond
Hammer, color=blue, shape = diamond, text="H"
Inverted Hammer, color=blue, shape = diamond, text="IH"
Bearish Harami", color=red, shape =arrowdown, text="Bearish Harami"
Bullish Harami", color=green, shape = arrowup, text="Bullish Harami"
Bearish Engulfing", color=red, shape = arrowdown, text="Bearish Engulfing"
Bullish Engulfing", color=green, shape.arrowup, text="Bullish Engulfing"
Piercing Line", color=green, shape = arrowup, text="Piercing Line"
Bullish Belt", color=green, shape = arrowup, text="Bullish Belt"
Bullish Kicker", color=green, shape.arrowup, text="Bullish Kicker"
Bearish Kicker", color=red, shape.arrowdown, text="Bearish Kicker"
Hanging Man", color=red, shape=arrowdown, text="Hanging Man"
Dark Cloud Cover", color=red, shape =arrowdown, text="Dark Cloud Cover."
Candlestick Plot MTFPlots the live non-repainting candles for a higher time interval than the chart interval.
Features:
Configuration of the look and feel of the MTF candles.
Live candles update as the price action evolves for the session.
Historical candles can be toggled on/off.
Includes a moving average ribbon that is also MTF, matching the interval chosen.
Please watch this video to understand more:
Crayons GrayonsUpdate for
Crayons 0.2
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 customizable
Every singal core crayon signal group will be turned on by default so open input menu for personalizing signals to charts and personal character
Crayons 0.2-
Greatly improved Signal quality
Improved Pivot detection logic
Two Set's of Pivots "Cleaned" and "Vanilla"
Optional Polichrome candle painter mode to provide additional information on demand
Optional Labels for signals and pivots
Secondary risk filter filtering "riskier" signal sequences (Experimental)
Second MA is changed by ATR modified to work as trailing S/R (Source is ohlc4 for whip protection model is experimental ,filters used is not suitable for micro tf so atr calls for higher periods, its experimental and will be fixed or removed with later updates, added for testing purposes)
Engulfing Candles DetectorHello traders
Credit to HPotter for that script
I took his script and added alerts to it. 2 lines lol
But anyway, useful to detect reversals by coloring bullish/bearish engulfing candles :)
Enjoy
David
Cardistry ♠♥♦♣♠♥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
v-powerThe command determines the bottom and peak regions of the trend within the given range by analyzing the price movements with the transaction volume. It enables them to prepare themselves for long and short positions that are most suitable for the investor.
(Komut fiyat hareketlerini işlem hacmi ile analiz ederek verilen aralıkta trendin dip ve zirve bölgelerini belirlemektedir. Yatırımcı için en uygun long ve short pozisyonlarına kendilerini hazırlamalarını sağlamaktadır. )
Outside pattern di Larry WilliamsOggi condivido con voi questo fantastico pattern, trovato sul libro "I segreti del trading di breve termine", che potete inserire anche voi sui vostri grafici cercando tra gli indicatori "Outside pattern Larry Williams {lucaBono}". Secondo quanto descritto da Larry, contrariamente a come si pensa, quando troviamo sul grafico un outside con chiusura oltre il massimo o minimo del giorno precedente e la successiva apertura sopra o sotto la chiusura (dipende se outside positivo o negativo) abbiamo un segnale di ingresso long se l'outside è negativo e short se l'outside è positivo.
In questo script ho fatto in modo che quando le condizioni sono soddisfatte compare, sulla candela in cui effettuare l'ingresso, una freccia con direzione verso l'ingresso che si deve effettuare e la scritta "outsideL" per indicare ingressi long e la scritta "OutsideS" per gli ingressi short. Lui utilizza questo pattern sull'indice S&P500 e secondo le sue statistiche ha una percentuale di successo dell'85%. Mostrando il grafico del FTSEMIB possiamo notare che entrando in prossimità dell'apertura, quindi nel momento in cui vediamo spuntare l'indicazione sul grafico, abbiamo buone probabilità di successo nel breve termine, inoltre può dare un buon punto di partenza per un trade da tenere tramite trailing stop spostandosi su timeframe più bassi dopo l'ingresso.Generalmente come possiamo notare dal grafico quando vediamo comparire il segnale vuol dire che siamo vicini ad una zona di massimo o minimo di breve.
Today I share with you this fantastic pattern, found on the book "The secrets of short-term trading", which you can also insert on your charts. As described by Larry, contrary to how we think, when we find on the graph an outside with closing beyond the maximum or minimum of the previous day and the subsequent opening above or below the closure (depends on whether positive or negative outside) we have an input signal long if the outside is negative and short if the outside is positive.
In this script I made sure that when the conditions are met, an arrow appears with the direction of the entrance on the candle where you want to enter and the word "outsideL" to indicate long inputs and the word " OutsideS "for short entries. He used (or uses, I don't know) this pattern on the S & P500 index and according to his statistics has an 85% success rate. Showing the graph of the FTSEMIB we can see that entering near the opening, so when we see the indication on the graph tick, we have a good chance of success in the short term, also can give a good starting point for a trade to be held by trailing stop moving to lower timeframe after entry.Generally as we can see from the graph when we see the signal appear, it means that we are close to a zone of maximum or minimum of short.