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Pipe-top

pipe_finder. Reversal Indicator for Pipe Top & Bottom Patterns.Simple indicator to find pipe bottom and top patterns. Definition: - Pipe Bottom: - Positive Difference from Open and Close is greater than the average thickness of the last "x" candles multiplied by sensitivity "y" - The previous candle is red and the current candle is green - Trend Definition - (Trend for EMA length 'z" has a slope less than 0 or pointed downwards) - The average of the current and previous candle's volume is greater than the average volume for the last "n" candles. - Pipe Top: - Positive Difference from Open and Close is greater than the average thickness of the last "x" candles multiplied by sensitivity "y" - The previous candle is green and the current candle is red - Trend Definition - (Trend for EMA length 'z" has a slope greater than 0 or pointed upwards) - The average of the current and previous candle's volume is greater than the average volume for the last "n" candles. Settings: Sensitivity: How thick do the pipe candles have to be? (Greater sensitivity = more alerts) Candle Thickness Average Period: The number of past candles used for measuring the average body size of candlestick. Filter EMA Length: Length of the EMA used to filter between bull trends and bear trends. Volume EMA Length: Length of the volume EMA.
Indikator Pine Script®
oleh andrewqiu9774

Pilih data pasar yang disediakan oleh ICE Data Services. Pilih data referensi yang disediakan oleh FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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