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...
The "Incomplete Session Candle - Incomplete Timeframe Candle Marker" is an advanced tool tailored for technical analysts who understand the importance of accurate timeframes in their charting. While the indicator is not limited to the Indian market, its genesis is rooted in the nuances of trading sessions like those in India, which span 375 minutes from 9:15 AM to...
This script uses basic Rally Base Rally, Rally Base Drop, Drop Base Drop, and Drop Base Rally concepts to draw supply and demand zones. While the script is designed to account for multiple (up to 5) candles in the "base" phase, the box it will draw will only be the high and low of the last candle before the final Rally/Drop candle.
Percent Off All-time High tracks the percentage difference between the previous day’s closing price and the All-Time high price of the security’s entire price history.
This metric tells you how far the price has deviated from/converged on the all-time high price.
In order to buy stocks, I want to know how much the stock went down from the all-time high price. Therefore, this script shows how much the current stock has dropped from the all-time high.
You can change:
- how many periods to get the all-time high from
- location on the y-axis to place the label on the chart
This script is str1nger All-time high and percentage drops script with some small mods, such as the previous candles high and low prices.
This script helps me target buy and sell zones based on what percentage the price has dropped.
My Contribution to Jake Bernstein Educational Series, Initiated by Chris Moody.
The Stochastic Pop was developed by Jake Bernstein and modified by David Steckler. Bernstein's original Stochastic Pop is a trading strategy that identifies price pops when the Stochastic Oscillator surges above 80. Steckler modified this strategy by adding conditional filters using...
