Hi everyone This is a simple algorithm that I used on timeframe > m30 to detect strong reversal signals based on : - Engulfing pattern - MACD ZL 12, 26, 9 - Price vs SMA 7 Last two parameters are optional but gives more security. Otherwise, waiting for confirmation gives later entry. Up to you to find the right balance between too much security (and...
Hello traders Credit to HPotter for that script I took his script and added alerts to it. 2 lines lol But anyway, useful to detect reversals by coloring bullish/bearish engulfing candles :) Enjoy David
This indicator allows you to specify price zones in which to detect basic candlestick patterns. In the example above, I have specified the most immediate support and resistance zones on GBP/USD and set the script to detect engulfing candles. If a bearish engulfing candle occurs within the resistance zone a signal will be generated; likewise for bullish engulfing...
I have collected the four PivotBoss indicators into one big indicator. Eventually I will delete the individual ones, since you can just turn off the ones you don't need in the style controller. Cheers. Wick Reversal When the market has been trending lower then suddenly forms a reversal wick candlestick , the likelihood of a reversal increases since buyers...
Script that highlights bullish and bearish engulfing candles after two candles in the opposite direction.
The Chart Guys Price Shear and Abnormal Volume Alerts all rolled into 1 FREE indicator Based on TCG Price Shear V2 by urisma and Volume Spikes by OstapChester This powerful script combines Abnormal Volume Alerts with Price Shear which can be based on either ATR or % deviation from an ema, which intern can also be filtered by Abnormal Volume for less false...
This script shows you where a candle is either bullish or bearish engulfing the previous candle. A GREEN triangle below the bar pointing UP indicates that the candle is BULLISH engulfing the previous candle A RED triangle ABOVE the bar pointing DOWN indicates that the candle is BEARISH engulfing the previous candle
This is a bullish reversal pattern formed by two candlesticks. Following a downtrend, the first candlestick is a down candlestick which is followed by an up candlestick which has a long real body that engulfs or contains the real body of the prior bar. The Engulfing pattern is the reverse of the Harami pattern. WARNING: - This script to...
This is a bearish candlestick reversal pattern formed by two candlesticks. Following an uptrend, the first candlestick is a up candlestick which is followed by a down candlestick which has a long real body that engulfs or contains the real body of the prior bar. The Engulfing pattern is the reverse of the Harami pattern. WARNING: -...
Graph Reader Pro 2.0 for TradingView gives you abilities to see the stories hiding in the graphs of the stock, forex, and crypto currency markets. It counts CC59 and creates respectable support and resistance levels as well as marks and reminds you about important parameters that are happening in the graph so that you will not forget to consider them before...
I have been backtesting many known strategies. I have created this Engulfing Candle indicator which makes it easy to detect engulfing candles. I have also added a short/long signals. Description: Engulfing candle: If a candle's high is higher than the previous candle's high and low is lower than previous candle's low, it is called Engulfing Candle. If the...
I have redesigned the first candlestick patterns. This one works with most time frames... The only time frames that it have some difficulties is the 1min to 15min and only on the doji, because sometimes the doji doesnt have any points(pips) in movement. 1. This is a editable indicator. You can change all the colors the way you want them. I have changed my...
I realized this indicator to facilitate the Backtesting operations. The indicator autonomously detects the Engulfings to which filters can be placed. The available filters are: - ATR (discards Engulfings which do not have a body greater than or equal to the value of ATR) -SWING(SWING filter, the indicator ensures that the Engulfing minimum/maximum must be the...
4 SMAs - 9,21,55,200 Bollinger Bands - 21 Engulfing patterns Fractal Support Resistance Bullish and Bearish Engulfing signals Engulfing Candles Bollinger Bands + RSI combined indicator with signals
This indicator is a tool designed to be used with Steven Hart's RSI Exhaustion strategy. For more information google TheTradingChannel or look him up on YouTube :) The default RSI settings for this strategy are: RSI Overbought: 80 RSI Oversold: 20 Length: 7 When the RSI gets above 80, the line will turn red and the script will begin looking for a specific...
The default script has: Doji , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts
The default script has: Doji , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts .