Was 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...
Simple Renko chart patterns indicator One-Back Pattern Two-Back Pattern
In questo script ho aggiunto i migliori candelstick pattern (che conosco) e che reputo diano indicazioni più chiare riguardo la tendenza quantomeno giornaliera. Consiglio quindi l'utilizzo di questo script su timeframe giornaliero in modo da avere un idea della direzione da seguire per poi passare a timeframe più bassi per entrare più nel dettaglio e favorire la...
description: • Zig Zag indicator plots points on the chart whenever prices reverse by a percentage greater than a pre-chosen variable. • Forecasts area based on zigzag statistics. • Displays labels with detected patterns. • Displays slope information rate of price, time diferentials and angle(experimental)
//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI //1. Bearish Three Line Strike +Up 67.38% //2. Bullish Three Line Strike -Down 65.23% //3. Bearish Three Black Crows -Down 59.83% //4. Bearish Evening Star -Down 55.85% //5. Bullish Upside Tasuki Gap +Up 54.44% //6. Bullish Inverted Hammer -Down 51.73% //7. Bullish Matching Low -Down 50.00% //8....
Doji Black Spinning Top White Spinning Top Bearish Abandoned Baby Bearish Advance Block Bearish Below The Stomach Bearish Belt Hold Bearish Breakaway Bearish Counter Attack Lines Bearish Dark Cloud Cover Bearish Deliberation Blok Bearish Descending Hawk Bearish Doji Star Bearish Downside Gap Three Methods Bearish Downside Tasuki Gap Bearish Dragonfly...
Study About 3 Candle Pattern- This is only for study not real trade
This is a very advanced indicator that detects most commonly used candlestick patterns. Please read this document carefully to understand how it works. It is tailored to identify patterns that only have a great possibility of signaling a price movement. In other words, it can and will ignore some patterns, even though they satisfy the recognition conditions...
The indicator discovers profitable patterns by associating Price Season of multiple time frames. Full Name: 9 Seasons Rainbow - Multiple Time Frames Associated Price Wave Pattern Indicator This is redefined from “9 Seasons Rainbow Indicator DEMO”, with clearer definition of 9 Seasons and user manual. Version: DEMO Language: English Copyright: 2019 ---------- How...
This indicator was built for a client. PM me for code access. The signal comes from the "RailRoad" candlestick pattern breaking a support/resistance level, which typically indicates price will respect that level.
I believe the most of users know the Double Top Pattern, so I omit the introduction. The algorithm uses 10 internal watchers to identify the incomplete M-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference...
I think everybody knows the Double Bottom Pattern, so I omit the introduction. The algorithm uses 8 internal watchers to identify the incomplete W-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two...
Having good pattern recognition? Use this indicator to test and practice it. Market is full of life, with seasons. 9 Seasons Rainbow Indicator displays 9 seasons of any trading instrument in multiple time frames, helping traders and investors understand the flow of price. The combination of seasons in different time dimensions may give perfect trading signals,...
Candlestick patterns identified with win percentage.
spike reversal indicator is an innovation of lirshah programming team, this indicator is combination of several indicators with candle sticks patterns. good accuracy on reverse points and ease of interpretation are strong points of this indicator. calculation of this indicator is based on opening price of each bar which means the value of indicator is constant on...
triangle pattern created for our subscribers for better indication of chart patterns. i hope enjoy that.