OPEN-SOURCE SCRIPT
Amiya's Doji / Hammer / Spinning Top Breakout Strategy v5
How it works
1. Pattern Detection (Previous Candle):
• Checks if total shadow length ≥ 2 × body.
• Checks if candle height (high − low) is between 10 and 21.5 points.
• If true → marks that candle as a potential Doji, Hammer, or Spinning Top.
2. Long Setup:
• LTP (close) crosses above previous candle high.
• Previous candle is a valid pattern candle.
• Stop Loss = 3 points below previous candle low.
• Take Profit = 5 × (high − low) of previous candle added to previous high.
3. Short Setup:
• LTP (close) crosses below previous candle low.
• Previous candle is a valid pattern candle.
• Stop Loss = 3 points above previous candle high.
• Take Profit = 5 × (high − low) of previous candle subtracted from previous low.
4. Visualization:
• Yellow background highlights pattern candles.
• Green ▲ and Red ▼ markers show entry points.
Deep yellow candles → represent Doji / Hammer / Spinning Top patterns
• Green triangle → Buy signal
• Red triangle → Sell signal
• Dotted green line + label → Target
• Dotted red line + label → Stop loss
• Gray background → Outside trading hours
• Auto close → All trades square off at 3:29 PM IST
1. Pattern Detection (Previous Candle):
• Checks if total shadow length ≥ 2 × body.
• Checks if candle height (high − low) is between 10 and 21.5 points.
• If true → marks that candle as a potential Doji, Hammer, or Spinning Top.
2. Long Setup:
• LTP (close) crosses above previous candle high.
• Previous candle is a valid pattern candle.
• Stop Loss = 3 points below previous candle low.
• Take Profit = 5 × (high − low) of previous candle added to previous high.
3. Short Setup:
• LTP (close) crosses below previous candle low.
• Previous candle is a valid pattern candle.
• Stop Loss = 3 points above previous candle high.
• Take Profit = 5 × (high − low) of previous candle subtracted from previous low.
4. Visualization:
• Yellow background highlights pattern candles.
• Green ▲ and Red ▼ markers show entry points.
Deep yellow candles → represent Doji / Hammer / Spinning Top patterns
• Green triangle → Buy signal
• Red triangle → Sell signal
• Dotted green line + label → Target
• Dotted red line + label → Stop loss
• Gray background → Outside trading hours
• Auto close → All trades square off at 3:29 PM IST
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。