The inside bar pattern is characterised by two consecutive candlesticks that often suggest a period of consolidation or indecision in the market. Traders and analysts can find value in identifying the setup as it can provide insights into potential future price movements.
Indicator wenting to the lower time frame(if compare with current chart time frame) and seek what happened first, the low of previouse bar was updated first or the high of previouse bar.
In some trading strategies need to know exactly sequence of actions for outside bars to program the logic for testing on deep history.
If first was updated the high of previouse...
This script utilizes Tradingview's built in Correlation Coefficient indicator to calculate the correlation coefficient between two assets and changes candle colors based on the related data.
Info From Correlation Coefficient Indicator:
Correlation Coefficient (CC) is used in statistics to measure the correlation between two sets of data. In the trading world,...
Introducing the Fair Value Gaps (FVG) Indicator by OmegaTools, a distinctive and analytical tool designed for TradingView. This script meticulously identifies and visualizes fair value gaps within the market, offering traders a nuanced understanding of potential price movement areas that are not immediately apparent through traditional analysis.
Concept and...
The "Dump Candle" indicator is a tool designed to help traders visualise potential "dump" candles on a altcoin's price chart. A dump candle is a transparent candle with pink outline and it shows where the price experiences a significant drop from its high to its close, indicating a potential sell-off or market weakness. These are usually caused by relatively...
- Overview
Auto-magnifier shows a lower timeframe view of candles and volume bars inside any main timeframe candle by zooming into it. Candles and volume bars as they develop are shown chronologically from left to right. By default, magnifier is triggered when less than 3 candles are visible on the chart.
By default, 20 lower timeframe candles are...
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.
Draws thick vertical lines behind candles or bars so it looks like the wicks are thick. The thickness is adjustable and so are the color for up bars vs down bars.
A user-friendly tool designed for a quick visual preview of the next 5 candles on your trading chart.
Here's how to use it effortlessly:
Set Open Prices:
Adjust the open prices for the upcoming 5 candles using the inputs labeled Next close #1 to Next close #5.
Toggle Candles:
Use the checkboxes (p1 to p5) to enable or disable the drawing of each corresponding...
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...
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...
Introducing the "Magic Vib Indicator" V1 Adeed more extention so it works better on higher time frames, Plus a colour changer so now you can pick a colour for bullish and bearish
a powerful tool designed to identify and highlight unique market scenarios known as "magic volume imbalances." This indicator is specifically crafted to recognize specific candlestick...
The Candle Decomposition indicator shows the last 2 candles in detail, with 2 levels of lower timeframes (LTF).
In this way, you can keep oversight of history, while zooming in on the last and previous candle.
This tool is meant to be used in realtime, preferentially for intraday usage.
🔶 USAGE
In this example, on the current timeframe of 15 minutes, you...
Esse indicador avalia os ranges formados e marcados pelos volumes de compra e venda e posições médias dos agentes de mercado. Através de marcações com seta para cima e para baixo os candles são marcados. Pares opostos de setas definem o range a ser medido ( utilizando fibonacci) e permitindo uma predição do próximo movimento.
The "Multi Time Period Chart" indicator in Pine Script is designed to overlay multiple sets of boxes on the chart, each representing price movements on different timeframes. It allows traders to visually compare price action across various timeframes simultaneously. The indicator offers flexibility by allowing users to choose between automatic mode (where...
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...
![BTCUSDT: Multi Time Period Box Analysis v2 [ HDBhagat ]](https://s3.tradingview.com/i/IDgohNW5_mid.png "Multi Time Period Box Analysis v2 [ HDBhagat ]")
