立即開始

Candlestick analysis

Tristan's Three Line Strike PatternThree Line Strike Indicator (5-Minute Timeframe) This indicator highlights Three Line Strike candlestick patterns on a 5-minute chart . The Three Line Strike is a rare four-candle formation that often signals trend continuation rather than reversal. Bullish Three Line Strike (green “3LS long” above the candle): Three strong bullish candles in a row are followed by a large bearish candle that completely engulfs the prior three. Despite looking bearish, this setup often indicates strength in the uptrend. Bearish Three Line Strike (red “3LS sell” below the candle): Three consecutive bearish candles are followed by a large bullish engulfing candle. Although it looks like a reversal, the downtrend commonly resumes. How to use on the 5-min chart: Watch for the labels marking the pattern. A bullish signal suggests that the upward move is likely to continue after the engulfing candle. A bearish signal suggests that the downtrend is likely to continue after the engulfing candle. These signals are not entry/exit triggers on their own—I suggest you combine them with trend confirmation (e.g., moving averages, momentum indicators, or volume analysis) before acting. Use good risk management, and don't buy / sell based on these indicators alone.
Pine Script®指標
由OhRayOhRay提供
3/4-Bar GRG / RGR Pattern (Conditional 4th Candle)This indicator can be used to identify the Green-Red-Green or Red-Green-Red pattern. It is a price action indicator where a price action which identifies the defeat of buyers and sellers. If the buyers comprehensively defeat the sellers then the price moves up and if the sellers defeat the buyers then the price moves down. In my trading experience this is what defines the price movement. It is a 3 or 4 candle pattern, beyond that i.e, 5 or more candles could mean a very sideways market and unnecessary signal generation. How does it work? Upside/Green signal Say candle 1 is Green, which means buyers stepped in, then candle 2 is Red or a Doji, that means sellers brought the price down. Then if candle 3 is forming to be Green and breaks the closing of the 1st candle and opening of the 2nd candle, then a green arrow will appear and that is the place where you want to take your trade. Here the buyers defeated the sellers. Sometimes candle 3 falls short but candle 4 breaks candle 1's closing and candle 2's opening price. We can enter on candle 4. Important - We need to enter the trade as soon as the price moves above the candle 1 and 2's body and should not wait for the 3rd or 4th candle to close. Ignore wicks. I have restricted it to 4 candles and that is all that is needed. More than that is a longer sideways market. I call it the +-+ or GRG pattern. Stop loss can be candle 2's mid for safe traders (that includes me) or candle 2's body low for risky traders. Back testing suggests that body low will be useless and result in more points in loss because for the bigger move this point will not be touched, so why not get out faster. Downside/Red signal Say candle 1 is Red, which means sellers stepped in, then candle 2 is Green or a Doji, that means buyers took the price up. Then if candle 3 is forming to be Red and breaks the closing of the 1st candle and opening of the 2nd candle then a Red arrow will appear and that is the place where you want to take your trade. Sometimes candle 3 falls short but candle 4 breaks candle 1's closing and candle 2's opening price. We can enter on candle 4. We need to enter the trade as soon as the price moves below the candle 1 and 2's body and should not wait for the 3rd or 4th candle to close. I have restricted it to 4 candles and that is all that is needed. More than that is a longer sideways market. I call it the -+- or RGR pattern. Stop loss can be candle 2's mid for safe traders ( that includes me) or candle 2's body high for risky traders. Back testing suggests that body high will be useless and result in more points in loss because for the bigger move this point will not be touched, so why not get out faster. Important Settings You can enable or disable the 4th candle signal to avoid the noise, but at times I have noticed that the 4th candle gives a very strong signal or I can say that the strong signal falls on the 4th candle. This is mostly a coincidence. You can also configure how many previous bars should the signal be generated for. 10 to 30 is good enough. To backtest increase it to 2000 or 5000 for example. Rest are self explanatory. Pointers If after taking the trade, the next candle moves in your direction and closes strong bullish or bearish, then move SL to break even and after that you can trail it. If a upside trade hits SL and immediately a down side trade signal is generated on the next candle then take it. Vice versa is true. Trades need to be taken on previous 2 candle's body high or low combined and not the wicks. The most losses a trader takes is on a sideways day and because in our strategy the stop loss is so small that even on a sideways day we'll get out with a little profit or worst break even. Hold targets for longer targets and don't panic. If last 3-4 days have been sideways then there is a good probability that day will be trending so we can hold our trade for longer targets. Target to hold the trade for whole day and not exit till the day closes. In general avoid trading in the middle of the day for index and stocks. Divide the day into 3 parts and avoid the middle. Use Support/Resistance, 10, 20, 50, 200 EMA/SMA, Gaps, Whole/Round numbers(very imp) for identifying targets. Trail your SL. For indexes I would use 5 min and 15 min timeframe. For commodities and crypto we can use higher timeframe as well. Look for signals during volatile time durations and avoid trading the whole day. Signal usually gives good targets on those times. If a GRG or RGR pattern appears on a daily timeframe then this is our time to go big. Minimum Risk to Reward should be 1:2 and for longer targets can be 1:4 to 1:10. Trade with small lot size. Money management will happen automatically. With small lot size and correct Risk-Re ward we can be very profitable. Don't trade with big lot size. Stay in the market for longer and collect points not money. Very imp - Watch market and learn to generate a market view. Very imp - Only 4 candles are needed in trading - strong bullish, strong bearish, hammer, inverse hammer and doji. Go big on bearish days for option traders. Puts are better bought and Calls are better sold. Cluster of green signals can lead to bigger move on the upside and vice versa for red signals. Most of this is what I learned from successful traders (from the top 2%) only the indicator is mine.
Pine Script®指標
由pranayjha提供
20
DAMMU Buy vs Sell Liquidity + DifferenceIndicator Name: Buy vs Sell Liquidity + Difference Purpose: This indicator helps traders analyze market liquidity by comparing the cumulative buy and sell volumes within a specified timeframe. It shows which side (buyers or sellers) is dominating and the magnitude of the imbalance. Key Features: Aggregation Timeframe: Users can select the timeframe (1, 2, 3, 5, 15, 30 minutes) for which volume is analyzed. Buy & Sell Volume Calculation: Buy Volume: Total volume of candles where close > open. Sell Volume: Total volume of candles where close < open. Daily Reset: Totals reset at the start of each new day, ensuring intra-day liquidity analysis. Difference Calculation: Shows the absolute difference between buy and sell volumes. Also calculates the difference as a percentage of total volume. Percentages: Displays buy %, sell %, and diff % to 4 decimal places, giving precise insights. Table Display: A two-row table in the top-right corner of the chart: Row 1: Absolute totals for BUY, SELL, and DIFF (full numbers with commas). Row 2: Percentages for BUY, SELL, and DIFF (4 decimals). Uses color coding: Green for BUY, Red for SELL, Dynamic for DIFF (based on dominance). How to Use: High Buy Volume: Indicates strong buying pressure; bullish sentiment. High Sell Volume: Indicates strong selling pressure; bearish sentiment. Large DIFF %: Signals dominant market side; useful for short-term scalping or spotting liquidity imbalance. Comparing BUY vs SELL %: Helps identify when the market may reverse or continue the trend. If you want, I can also make a 1-paragraph “trader-friendly” explanation that you could directly include in your Pine Script as a comment or in a strategy guide.
Pine Script®指標
由dammucool提供
指定周期 EMA (20, 40, 60, 80)This indicator allows you to display EMA (20, 40, 60, 80) from a higher timeframe directly on your current chart. It helps you identify trend direction, confluence zones, and dynamic support/resistance based on multi-timeframe EMAs. Features: Choose any higher timeframe (e.g. 60 = 1H, 240 = 4H, D = 1D) Plots 4 EMAs: 20, 40, 60, and 80 Works seamlessly across all timeframes Ideal for trend confirmation and multi-timeframe analysis 💡 Tip: Try viewing the 1H EMAs on a 15min chart or 4H EMAs on a 1H chart — this helps identify where price interacts with higher timeframe structure.
Pine Script®指標
由web3moon提供
Live Position SizerThis position calculator locks onto the live price in real time and calculates your lot and quantity size for you. Best for scalping if you don't want to open a limit order. You input all the necessary data (Account size, risk, SL placement, LONG/SHORT position, etc...) It also has a nifty feature of allowing you the ability to see TP brackets (+1R, +2R, +3R). The best way I have used it is seeing where my potential SL will go before I consider opening a position and inputting that. Then when I'm ready to open a position, I already have it calculated for me.
Pine Script®指標
由DominicFerri提供
DTM 444 BANDS 🚀DTM 444 BANDS 🚀: The DTM 444 BANDS 🚀 is a powerful, multi-purpose trading indicator combining Supertrend, Dynamic Band Levels, Breakout Signals, and Volume Confirmation to help traders identify high-probability trade setups across different timeframes. 🔧 Key Features ✅ Multi-Timeframe Support Analyze price action across any timeframe using the Timeframe input. All band calculations (High, Low, Midline, and Supertrend) are pulled from a higher timeframe for clearer context. ✅ Dynamic Bands Based on Supertrend High Band: Rolling highest of Supertrend over hiLen period. Low Band: Rolling lowest of Supertrend over loLen period. Midline: Midpoint of the above. Acts like dynamic support/resistance, ideal for trend-following and breakout strategies. ✅ Dual Signal System Breakout Signals (Buy and Sell): Triggered when price breaks the bands with volume confirmation. Supertrend Crossover Signals (Buy1 and Sell1): Classic momentum entries with a confirmation twist. Exit Signals: Optional take-profit/neutral indicators when price reverses. ✅ Volume Confirmation Filter (Optional) Only triggers signals if the volume exceeds its 20-period SMA. Helps filter out false breakouts and weak trends in low-liquidity periods. ✅ Visual Enhancements Color-coded candles based on band positioning (e.g., red = weak, green = strong, etc.) On-chart labels for each signal for quick reference. Real-time Signal Dashboard using Pine Script tables showing: Current signal Volume filter status Live volume vs volume SMA 🧪 Practical Use Cases Trend Traders: Use the Supertrend cross and band breakouts to ride trends early. Breakout Traders: Catch high-probability moves outside established ranges. Swing Traders: Time entries and exits using color-coded bars and exit labels. Volume-Sensitive Traders: Focus on trades with strong volume backing. 📊 Backtest Snapshot Based on the example chart for Reliance Industries (RELIANCE.NS) on the weekly timeframe: Several profitable buy and breakout signals during uptrends. Timely exits and breakdown alerts before reversals. Volume filter keeps trades clean and avoids noise. ⚙️ Customizable Parameters High Length and Low Length (default: 19) Supertrend Multiplier and ATR Length Volume Filter: Toggle ON/OFF Volume SMA Length: Default 20 Custom Timeframe: Choose any higher timeframe for multi-timeframe analysis 📢 Alerts Ready Fully integrated with TradingView alerts: Breakout & Breakdown Supertrend crossovers All alerts respect the volume filter setting 🏁 Final Thoughts DTM 444 BANDS 🚀 is a versatile and adaptive trading system that blends trend analysis, volatility bands, and volume validation. Whether you're a trend trader, breakout hunter, or swing trader — this tool gives you a structured edge with clear visual cues and real-time alerts.
Pine Script®指標
由KUMARSTOCKS提供
Impulse Range Compression & Expansion (IRCE)📌 Impulse Range Compression & Expansion (IRCE) – Visualizing Price Traps Before Breakouts 📖 Overview The IRCE Indicator is a precision breakout detection tool designed to identify consolidation traps and price coil zones before expansion moves occur. Unlike traditional volatility indicators that rely solely on statistical thresholds (e.g., Bollinger Bands or ATR), IRCE focuses on behavioral price compression, detecting tight-range candle clusters and validating breakouts through body expansion and/or volume surges. This makes it ideal for traders looking to: • Catch breakouts from range traps • Avoid choppy and premature signals • Spot early-stage momentum moves based on clean price behavior ⸻ ⚙️ How It Works 1. Impulse Range Compression Detection • Measures the high-low range of each candle • Compares it to a user-defined average range (default 7 bars) • Flags candles where the range is significantly smaller (e.g., <60% of average) • Groups these into tight clusters, indicating compression zones or potential “trap ranges” 2. Cluster Box Construction • When a valid cluster (e.g., 3 or more tight candles) is detected, the indicator: • Marks the high and low of the cluster • Draws a shaded box over this “trap zone” • This helps visually track where price has coiled before a breakout 3. Breakout Confirmation Logic A breakout from the trap zone is only validated when: • Price closes above the cluster high (bullish) or below the cluster low (bearish) • One or both of the following confirm strength: • Body Expansion: Current candle body is 120%+ of recent average • Volume Expansion: Volume exceeds recent volume average 4. Optional Trend Filter • An optional EMA filter (default: 50 EMA) ensures breakout signals align with trend direction • Helps filter out countertrend noise in ranging markets 5. Signal Cooldown • Prevents repeated signals by enforcing a cooldown period (e.g., 10 bars) between entries ⸻ 🖥️ Visual Elements • 📦 Yellow compression boxes represent tight price traps • 🟢 Buy labels appear when price breaks above the trap with confirmation • 🔴 Sell labels appear when price breaks below with confirmation • All visuals are non-repainting and updated in real-time 🧠 How to Use 1. Wait for a yellow trap box to appear 2. Watch for a confirmed breakout from the trap zone 3. Take the trade in the direction of the breakout: • Only if it satisfies body or volume confirmation • And if trend alignment is enabled, it must match EMA direction 4. Place stops just outside the opposite end of the trap zone 5. Use risk/reward ratios or structure levels for exits This logic works great on: • Lower timeframes (scalping breakouts) • Higher timeframes (detecting price coiling before major moves) • Any market: Stocks, Crypto, FX, Commodities ⸻ 🔒 Technical Notes • ✅ No repainting • ✅ No future-looking logic • ✅ Suitable for both discretionary and systematic traders • ✅ Built in Pine Script v6
Pine Script®指標
由TradeTechanalysis提供