This indicator displays transitions of candles from red to green and from green to red on a chart, with the ability to set an adjustable percentage threshold. When a candle transitions from red to green and the percentage change exceeds the specified threshold, a red to green transition signal is issued. Similarly, when a candle transitions from green to red and...
We determine if the price is below EMA 9 by comparing the close price with EMA 9. We determine if the current candle body is huge compared to the previous candle's body. We plot EMA 9 in black color and EMA 200 in green color. We plot blue triangles below the bars for EMA crossover above and red triangles above the bars for EMA crossover below. We set the color of...
Hey y'all If you are like me and you keep a record of your performance, adding date and symbol information will surely help you. You can choose English or Spanish, and also choose between full or abbreviated date. If you want to see the day and if you want to see the symbol. You can customize position, text size, text color, background.
Inside Bar Detection: The function isInsideBar() checks if a bar is an inside bar, meaning its high is lower than the previous bar's high and its low is higher than the previous bar's low. Inside bars are highlighted with an orange color. Bearish Candlestick Patterns: Bearish Engulfing: When the current candlestick's body completely engulfs...
Input Parameters The script has three input parameters: · length: an integer input with a default value of 20, likely used for calculating moving averages or other indicators. · zoneSize: a decimal input with a default value of 1.5, likely used to define the size of the "holding zone". · entryZone: an integer input with a default value of 50, likely used to...
This Pine Script indicator calculates and visualizes the price movement for each candlestick on the chart. - **Calculation**: The price movement for each candle is determined by subtracting the opening price from the closing price. - **Visualization**: The price movement is plotted as a histogram, with positive values indicating upward movement (green bars)...
Title: Enhanced Candlestick Pattern Identifier with Body Ratio Analysis Description: This Pine Script, titled "Enhanced Candlestick Pattern Identifier with Body Ratio Analysis," is designed to aid traders in visualizing key candlestick formations that have significant implications for trend reversals and continuations. It uses the body ratio of candles to...
Name: "Binance-Bybit Cross Chart: Spot-Perpetual Correlation" Category: Scalping, Trend Analysis Timeframe: 1M, 5M, 30M, 1D (depending on the specific technique) Technical analysis: This indicator facilitates a comparison between the price movements shown on the Binance spot chart and the Bybit perpetual chart, with the aim of discerning the correlation between...
The "High-Low Difference" indicator calculates the difference between the high and low prices within a specified period. In technical analysis, the high and low prices of an asset over a given period can provide valuable insights into the price volatility and trading range. By subtracting the low price from the high price, this indicator quantifies the range...
Inside bars occur when the current bar's high is lower than the previous bar's high and the current bar's low is higher than the previous bar's low. The script changes the color of inside bars to orange for better visualization.
Opening Range Lines Indicator The Opening Range Lines indicator, abbreviated as "OR Lines," is a tool designed to visualize the price range established during the initial moments of a trading session. It helps traders identify significant levels of support and resistance based on the price action during the opening minutes of the session. Features: Customizable...
The TradeDots Price Reversal Probability + Price Forecast Indicator helps traders discern market direction and identify potential trading opportunities. 📝 HOW IT WORKS The indicator provides two types of reversal signals: Bullish Reversal: Marked with a green label, indicating an expected upward market reversal. Bearish Reversal: Marked with a red...
The Luxmi AI Ultimate 1 Min Option Scalper is a specialized trading indicator designed for use in options trading. This tool is particularly focused on providing actionable signals to option buyers within a one-minute timeframe, making it highly suitable for scalping—a trading strategy aimed at profiting from small price changes. Below is an elaboration on how...
The Engulfing Candlesticks indicator is a powerful tool for traders and investors to identify potential reversal patterns in financial markets. This indicator is based on the popular candlestick pattern recognition technique, which has been used for centuries to predict market trends and identify trading opportunities. The Engulfing Candlesticks indicator...
Introduction In the native VP (Volume Profile), the commonly referenced parameters are POC (Point of Control), VAH (Value Area High), and VAL (Value Area Low). However, since VAH and VAL are calculated by extending outward from the POC, their values heavily depend on the shape of the VP and the parameter settings of the value area ratio. This means their...
In the absence of TradingView's open-source Volume Profile (hereinafter referred to as VP) indicator code, I have replicated it. However, because this code is classified as an "indicator" rather than a "tool," it cannot allow users to define the range according to their preferences. In the code, I have set different periods, and users can input 0, 1, or 2 to let...
Description: Detailed Clarity Signal is a sophisticated TradingView indicator designed to provide traders with enhanced trading signals based on Bollinger Bands and the consistency of price actions. This script is particularly useful for identifying high-probability entry points in volatile markets. It combines the power of Bollinger Bands with a unique scoring...
Introducing Our Advanced SMC Indicator: Elevate Your Smart Money Concept Trading We are excited to present our innovative indicator designed specifically for the Smart Money Concept (SMC) strategy. Our approach goes beyond the traditional SMC strategy, bringing significant enhancements to help you achieve better trading results. We employ a more sophisticated...