This Pine Script code is an indicator that plots two sets of Bollinger Bands on the chart, each with customizable parameters. Additionally, it includes a 200-period moving average (MA) to help identify the overall trend. The indicator generates alerts for potential trading opportunities based on the following conditions: 1. When the price touches either the...
Overview: The "Day of the Week Label Indicator" is a simple yet powerful tool designed for traders and analysts who use TradingView for chart analysis. This indicator adds a clear visual cue to your charts by displaying the first letter of each day of the week directly above the corresponding candlestick. With this indicator, you can easily identify the day of the...
Recognition principle of the Pin Bar 1. The K-Chart has a long shadow line 2. The length of the long shadow line must be greater than 2/3 of the length of the body 3. The shadow line above the body is bearish Pin Bar; the shadow line below the body is bullish Pin Bar. Pin Bar is just a K-Chart pattern and is only used as a basis for judgment and not as investment...
This script changes the color of the last candle when there is back to back engulfing candles.
This script is designed as an analysis tool to visually represent the relative strength of bullish and bearish market sentiments over a specified number of candles. It calculates and displays the percentages of bullish and bearish "candle bodies" as part of the total price range observed in the chosen period. Here's a breakdown of its functionalities: ...
Includes CPR, Pivot Points and an EMA. This advanced technical indicator amalgamates critical components essential for robust market analysis: CPR (Central Pivot Range), Pivot Points, and EMA (Exponential Moving Average). Designed to empower traders with comprehensive insights, this indicator serves as a dynamic tool for chart analysis across various timeframes...
Wick Length Prediction is a Pine Script indicator crafted to empower traders by predicting the potential length and direction of the next candle's wick based on historical price action. By analyzing previous candles' wick sizes, this tool provides valuable foresight into future price dynamics, enhancing decision-making for traders. Key Features: Wick...
First Indicator in a (hopefully) many indicators to help bring Al Brook's methodoligies to Pine Script. This indicator plots the highest and lowest close from the first 18bars of the NY session and uses them to plot the 18bar MM. Most days, a BO of the 18bar range is met. This is help to keep track of that key price action on your chart. It doesn't plot until...
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...
I am trying to check few you tubes tips regarding ema crossover which are 5 and 20 days, Also trying to check with heikin ashi candle pattern open and low values behaviour.
Description: The Pump and Dump Candles indicator is a robust tool designed to assist traders in identifying potential pump and dump scenarios within the financial markets. This innovative indicator combines key elements of price action and volatility to provide valuable insights into market manipulations and potential risks. This indicator uses ATR to standardize...
Find good buy and sell opportunities for long term holdings.
This script is just for fun. It generates a Planet and a Zodiac Sign at the close of each candle. The candle is "sliced" into 7 sections, one for each Planet and the close lands in one of those sections. The candle is "sliced" into 12 sections, one for each Zodiac and the open lands in one of those sections. You could use it to generate a quick "answer" to a...
What does this indicator do? This indicator plots the highest and lowest historical price for each candle for a specified time interval, so you can see for each candle which price was the historical ("local") maximum or minimum in the defined time interval. It helps you not to lose sight of previous highs and lows, even when working with short time frames. In...
This strategy is based candle count number also strategy analysis - Rules for buy- 1) choose Candle Number(Ex.-47) For Trade 2) Trade Sell if price is above high of day 1st candle that mean direction is upside 3) We are taking stop loss on lowest low of candle since day first candle to trade no. 4) close Trade at last bar of...
This indicator plots significant psychological price levels at 50 cent and dollar intervals. These levels often act as key support and resistance in the market, as traders tend to place orders around round numbers. By highlighting these levels, traders can easily visualize and potentially anticipate areas of price consolidation or breakout.
this Pine Script that identifies a bearish candle with a body ratio of at least 55% that closes under the lowest point of a preceding bullish candle (also with a body ratio of at least 55%), you can follow the steps below. The body ratio is calculated as the absolute difference between the candle's open and close prices, divided by the range of the candle (high to...
This indicator wrks bettern 3 or 1 min time frame .. at the EMA cross over either Buy or sell signal can be initiated.. VWAP can be used as support or resistance