Draws the best support and resistance lines. How it works:
1) Tries every possible line through lows, highs, opens, closes
2) Finds the total hit counts given the confidence interval as input to the candlesticks
3) Calculates the strength of every line according to hit count, total volumes on hits, and timestamps
4) Eliminates similar lines, confidence interval...
Japanese below / 日本語説明は英文の後にあります。
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*This indicator is based on azmathshah's "Last Three Candles each of Two HTF".
It's a very cool indicator. thank you.
You can detect trend reversal with candlesticks.
It's MTF compatible and can display up to 2 sets of 5 candles of any time frame on the right side of the chart.
By displaying the candles...
This is a simple indicator to find the sideways market or ranging market.
It is mainly focused on BTCUSD as BTCUSD doesn’t make big moves each and every candle. It makes big breakouts with one candle and then goes sideways for a longer period of time.
So, this indicator identifies those big candles and plots high and lows of those big candles using lines. New...
The Candle Hunter Indicator - by Karoshi Trading
The Candle Hunter Indicator is based on specific Candlesticks and Patterns.
Activating this indicator will mark all specific Bullish & Bearish Candles on the Chart.
Depending on your settings, not all candles will be displayed on the chart.
The goal of this indicator is, to highlight all the important trending...
This script is tailored towards experienced traders who prefer to view raw price charts during live execution. It searches for a three-bar pattern of what is colloquially called "fair value gap", or "imbalance" and uses a single line to plot the results. The goal is to display price in a way that is as simple as possible so that chart readers who don't prefer to...
Its been a while since i last uploaded a script, what i have for you today is a script which works very efficiently for downtrends and spotting reversals. This is a script i use on a weekly basis when looking to short sell.
This script includes :
Updated** Rally Candles for HTF and LTF ( End of Impulsive move signal) - The psychology of the candle when used with...
RSI TREND Filter on Chart
RSI scaled to fit on chart instead of oscillator, Trend Analysis is easy and Hidden Divergence is revealed using this indicator. This indicator is an aim to reduce confusing RSI Situations. The Oversold and Overbought lines help to determine the price conditions so its easy to avoid Traps.
Oversold and Overbought conditions are marked...
Ever wonder how candles would look on a chart if they were tracked by calendar day instead of market days?
Option(s)-
📅Custom start date for candle formation
✖️Candle multiplier
🌈Up / Down Colors
Features-
📋Displays candle data with invisible plots
Use Move to Existing Pane to Overlay on chart.
Can only display a max of 500 candles!
What this Indicator Does
This indicator is a very simple tool created specifically for experienced Straters. It was created for those Straters who fully understand the 1-2-3 Strat Scenarios, are in need of an easy to use tool, and do not want or need a lot of messy markings on their chart.
The indicator simply allows the user to color code the Strat 1, 2 ,3...
The Ganesh Trend is an indicator developed by Ganesh to help Traders to identify potential trend showing candle .This indicator identifies bullish and bearish candle with some specific rules. This gives fair idea of direction of market .It is very helpful if you use it on Nifty 50 index . Candlestick developed by me is my original work . It is very helpful for new...
█ Overview
The Ross Hook pattern is one of the most consistent and successful trading patterns that have been around for years. The Ross Hook is the first correction following the breakout of the 1-2-3 formation . This means that the Ross Hook only occurs in established trends. In other words, Ross Hook is a trend continuation setup. To fully understand the...
█ Overview
The 1-2-3 pattern is the most basic and important formation in the market. Almost every great market move has started with this formation. That is why you must use this pattern to detect the next big trend. In fact, every trader has used the 1-2-3 formation to detect a trend change without realizing it.
Our 1-2-3 Pattern (Expo) indicator helps...
Not many candlestick patterns hurt traders on the other side of the trade more than this signal, when it happens, think of it as kicking in the teeth, the pain is real.
An upwards signal is painted when you have a two-bar formation, the one on the left is a bearish one whereas the successive one is bullish, when you have fat bodies in both candles, meaning the...
The script detects candlestick patterns and stats related to the pattern. We have included 44 candle patterns to select. You can get stats for any timeframe and holding period. If a particular pattern is not available, the script will give an error.
What is available.
You can view the composite stat in the table panel.
Pattern Name: The pattern name
...
This indicator shows the most important manipulated zones - true support and resistance.
The indicator can show the zones from different time frames - 1H, 4H, D and the current TF.
Order Block definition - small candle or few consecutive candles, where banks place buy and sell orders in order to manipulate the price. After price is manipulated and moved in...
Introduction
Hello, this here is a non-repainting candlestick indicator which is able to detect OB looking candlestick formations.
Usage
It can be used to confirm entries, but be aware that it produces a lot of false signals.
Somehow the swings tend to reverse at these points.
I recommend the 10–15 minutes timeframe.
I hope you enjoy this small indicator. :)
All candlestick pattern based on "Japanese candlestick charting techniques".
Currently Supported List of Candlestick Patterns :
Hammer
Hanging Man
Inverted Hammer
Shooting Star
Morning Star
Evening Star
Bullish Engulfing
Bearish Engulfing
Important Points:
1. You can create alert for all patterns.
2. You can modify multiplier(Length Of...
This is my best attempt to recreate the famous Wall St. Cheat Sheet BAR/CANDLE Colors. There is a lot of exotic math, oscillators, and other underlying functions that help determine the appropriate colors based on emotional sentiment.
There are some new colors like Purple that help to represent fractal patterns.
White candles help to show over-bought and...
![GBPUSD: Detect BOS in Five Candles with MTF - Alert [MsF]](https://s3.tradingview.com/l/lk6YQV9U_mid.png "Detect BOS in Five Candles with MTF - Alert [MsF]")
![NIFTY: Candlestick Stats [tanayroy]](https://s3.tradingview.com/3/3vOSV7Dn_mid.png "Candlestick Stats [tanayroy]")
