Find Highest, Lowest, and 50% Value BarsThe Time Range Max Min Indicator is a powerful tool designed to analyze price data within a specific time frame.
This indicator allows traders and analysts to identify the maximum and minimum price levels that occurred during a user-defined time range.
It provides valuable insights into price volatility and helps traders make informed decisions by pinpointing key support and resistance levels.
The Time Range Max Min Indicator also calculates the midpoint or 50% level within the selected time frame, aiding in trend analysis and potential reversal points.
Its user-friendly interface makes it easy to customize time intervals, ensuring flexibility in your analysis.
This indicator is indispensable for day traders, swing traders, and investors looking to optimize their entry and exit strategies.
By visualizing the price extremes and central tendency, it enhances overall market awareness and risk management.
Utilize this tool in conjunction with other technical indicators to fine-tune your trading strategies.
With its real-time updating capabilities, it provides dynamic insights into changing market conditions.
Whether you're a novice or an experienced trader, the Time Range Max Min Indicator is an essential addition to your technical analysis toolkit, helping you navigate the markets with precision.
在腳本中搜尋"Candlestick"
Candle Averages (Jonzi/Galaxy) with AlertsThis indicator is used to highlight outlying candles.
Our script takes the average of the trailing candles and then highlights and/or places a symbol at the candles outside the average.
Example: Your settings use the previous 20 candles and combine the range of each candle.
Divide by 20 and get the average. Let's assume the average is $10
Now if you have your settings at highlighting candles 50% larger than the average, once a candle gets to $15, the indicator would trigger the candle to be highlighted and/or place a symbol of your choice.
In case you don't want to pay attention to the consolidation, you can use the alerts feature. Just go on the timeframe you'd like to be notified on, set an alert for either a down close or up close trigger.
Custom Arrow IndicatorBuy and sell signals based on activity. If current candle is at least 3 times previous candle you will get an buy or sell signal depending on bearish or bullish candle. other filters are in place such as signal candle must close/above previous candle. top wick of bullish candle must not be more than 3% of body range and vice versa for bearish candle.
Plot Closed CandlesOnly shows closed candles
( You must turn off normal candles first by right clicking on the candles , going to setting , and turning borders , bodies , and wicks off
Range of body 30min avggives the average range of the past 30bars and indicates when a candle's body is greater than 150% the average.
Merovinh - Mean Reversion Lowest lowThe "Merovinh - Mean Reversion Lowest Low" strategy is a mean reversion trading approach that aims to identify potential reversal points based on the updated lowest low of the specified number of bars. This strategy focuses on the detection of bullish price movements. Works well on Tech giant's shares.
Strategy Overview:
The strategy detects the lowest low and highest high over a specified number of bars.
It uses a mean reversion concept where it expects the price to revert back towards the updated lowest low.
The strategy enters a long position when the current lowest low breaks the previous lowest low (based on the specified number of broken lows).
It closes the long position when the highest high breaks the previous highest high.
The strategy aims to capitalize on potential reversals in the market by buying at lower price levels and selling at higher price levels.
Strategy Parameters:
Minimum number of bars: Specifies the minimum number of bars considered for calculating the lowest low and highest high.
Number of broken lows: Determines the number of previous lows that need to be broken for entering a long position.
How It Works:
The strategy calculates the lowest low and highest high based on the specified number of bars.
It compares the current lowest low with the previous lowest low.
If the current lowest low breaks the previous lowest low (based on the specified number of broken lows), a long position is entered.
The strategy continuously updates the previous lows and highs.
It closes the long position if the highest high breaks the previous highest high.
Market trend based on ema strengthThis script is a trading indicator written in Pine Script, a domain-specific language used for creating custom technical analysis indicators and strategies on the TradingView platform. Let's break down what this script is doing and its potential usage:
Title and Overlay:
The indicator is given a title: "Market trend based on ema strength."
The overlay=true parameter ensures that the indicator is plotted on the price chart itself, overlaying the price data.
EMA Calculations:
Exponential Moving Averages (EMAs) are calculated for different time periods based on the closing prices.
Degree of Change Calculation:
The degree of change is calculated as the percentage difference between the closing price and each respective EMAs.
Trend Identification:
The script attempts to identify uptrends and downtrends based on the comparison of degree of change values across the different EMAs. For an uptrend, each subsequent EMA's degree of change should be greater than the previous one, and for a downtrend, it should be lower.
EMA and RSI Calculation:
Additional EMAs and the Relative Strength Index (RSI) are calculated.
Buy and Sell Signal Generation:
Buy signals are generated when certain conditions are met: an uptrend is detected, the previous close is below the additional EMAs, and the current close is above the additional EMAs.
Sell signals are generated in the opposite scenario: a downtrend is detected, the previous close is above the additional EMAs, and the current close is below the additional EMAs.
Visualization:
The script uses plotshape to visually indicate buy and sell signals on the chart as labels.
The background color of the chart is changed based on the detected trend
Usage:
This indicator is designed to assist traders in identifying potential buy and sell signals based on trends in EMAs, RSI, and price movement. It provides a visual representation of trend changes and generates signals when certain conditions align, helping traders make informed decisions about entering or exiting positions.
It's important to note that while this script provides an automated approach to identifying trends and generating signals, successful trading also requires a deep understanding of the market, risk management, and the application of multiple indicators and strategies. Traders should thoroughly backtest and validate any trading strategy before applying it in real trading scenarios.
Opening Price Greater Than Previous Day's Closing by 1%Opening Price Greater Than Previous Day's Closing by 1%
Change Analysis and AlertsThe "Change Analysis and Alerts" script in Pine Script allows you to analyze and visualize the percentage change of different values on a chart. It calculates the true change based on the closing prices and provides options to input custom values for comparison. The script also includes an alert feature that triggers when the true change exceeds a specified threshold.
Examples:
Analyzing True Change:
Show the true change between consecutive candle closes as a histogram.
Set a threshold for the true change and receive an alert when it surpasses the specified value.
Comparing Custom Values:
Input custom values to analyze the percentage change between different price levels (e.g., high-low, open-close).
Highlight the value with the highest change in each period.
Visualize the changes as columns on the chart for easy comparison.
By using the "Change Analysis and Alerts" script, traders and analysts can gain insights into the magnitude of price changes and receive alerts when significant changes occur.
Please note that this description and examples are provided for illustrative purposes and can be customized based on your specific needs and preferences.
If you need further assistance, feel free to ask.
OHLC Lines + 50% of the previous candleThis indicator automatically put a straight line on the High, Low, Close, and Open and calculates the Consequent Encroachment or the midline (50%) of the previous candle. The calculation for the midline can be based on either the High and Low or the Open and Close. The option to disable OHLC labels is available. The indicator displays the premium and discount areas of the previous candle, allowing for a strategy of buying on discount and selling on premium based on each candle stick.
Inside Day ProbabilityThe "Inside Day Probability" indicator is a tool developed for market analysis on the TradingView platform. Its main objective is to calculate the probability of success of a pattern known as "Inside Day" (Día Interior in Spanish).
An Inside Day occurs when the price range (difference between the high and low) of a candle is completely contained within the price range of the previous candle. This pattern indicates a consolidation in the market and is usually followed by a sharp move in a certain direction.
The indicator uses a combination of statistical and mathematical analysis to determine the probability that an Inside Day will result in a successful market move. It is based on historical data and past patterns to calculate the probability of a significant price rise or sharp decline following an Inside Day.
The indicator provides a graphical display of the probability of success, usually in the form of a percentage value or a color scale. This allows traders to easily identify potentially profitable trading opportunities based on the occurrence of Inside Days.
It is important to note that this indicator is a decision support tool and does not guarantee accurate results in all cases. It is recommended to use it in conjunction with other technical analysis tools and consider other relevant factors before making operations in the financial market.
Remember that the proper interpretation and use of this indicator requires an understanding and knowledge of technical analysis and trading principles.
Wick PercentagesCalculates the percentage of the upper and lower wick on each candle. Wicks with a percent that are higher than a set percentage (Default is 60%) are assigned a color (upper = red 🔴) and (lower = green 🟢)
Gold Fair Value Gap Entry(FVG GOLD)This script calculates the fair value of gold, which is set as an input parameter. It then gets the current price of gold and calculates the gap between the price and the fair value. If the gap is positive, it enters a long trade, and if it's negative, it enters a short trade.
The script also uses proper risk management techniques by setting a stop loss and take profit for each trade. The plot() function is used to display the fair value and gap on the chart.
Please note that this is just an example script, and you should customize it based on your specific trading strategy and criteria. It's also important to backtest your strategy and refine it before using it with real money.
Vertical Line at nth Previous CandleThis code is a Pine script for TradingView that plots a vertical line on the chart n bars away from the current candle on the current time frame. The number of bars and line color can be customized by the user using input fields. The script calculates the highest and lowest price on the chart for the past n bars, and then draws a vertical line at the target bar with the specified line color. The previous line is removed and the ID of the new line is stored so that the next time the script is run, it can be removed and replaced with a new line. This script can be useful for marking important points on a chart or for visually tracking patterns or trends over time.
OPG IndicatorThis indicator calculates the Opening Price Gap (OPG) between yesterday's close and today's open.
If the OPG is smaller than -0.03%, open a long position with take profit at yesterday's close.
If the OPG is greater than 0.03%, open a short position with take profit at yesterday's close.
Close all positions at midday.
Height of CandleVery simple indicator that shows the height of each candle (high-low) in histogram format. Can be used to compare the current candle with previous ones.
Pullback by Candle BodyThe Pullback Indicator version 0.2
Identifies pullbacks by checking if the current candle's body is lower than the previous candle's low for a bearish pullback or higher than the previous candle's high for a bullish pullback. Once a pullback has been identified, the Indicator marks the lowest low or highest high of the trend with a circle.
NOTE it's not fully working as expected as it lacks trend analysis in its code, resulting in it indicating pullbacks in the opposite direction of the trend, such as bullish pullbacks in a bullish trend or bearish pullbacks in a bearish trend. This is a work in progress, maybe it will be "improved" in the future.
JustaBox_NY_LexThis indicator marks two boxes around the opening hour of the chosen session(s). One around the highs and lows and one around the highest open/close and lowest open/close for that hour., its main purpose if for backtesting the DR/IDR strategy but is useful for live trading as it auto adds the boxes and STD levels. The buy and sell signals that show up are not meant for trade entries, they just give an idea of whether there was a signal that day which is a close above or below the IDR (inner box lines), from there loops are started and it tests which STD levels get hit or if the opposite end of the box is crossed it considers it a stop out and closes the loops. The data from these loops can be pulled to email and then excel using the alert system.
This is the first thing i've ever coded, I put alot of work into it but id recommend going thru a few days randomly and checking the data matches up as expected.
This indicator only pulls data from the NY session, I have two others of identical functionality, the only difference being they pull the data from the London and Tokyo sessions respectively, wanted to include all three in one but I reached a limit. Search JustaBox_LDN_Lex and JustaBox_TKO_Lex
When live, once the hour of the chosen session resolves it marks the DR and IDR lines onward for a few hours, adds a 0.5 retracement line in the middle and STD levels above and below at 0.5, 1, 1.5, 2, 2.5, & 3.
There are labels that can be turned off, they show the prices these lines are set at.
Read the tooltips in the menu for more information.
(Might be self explanatory when you pull it but I'll add a key here for the titles of the data(had to keep them short due to character limit) and explain how the test works in the next couple of days but quickly:
Each STD levels has a true, false or NaN state, if its a buy signal for the session the STD levels below the bottom DR are turned off and will return NaN, but if its a sell signal they'll return false if they don't get hit true if they do. Each level has a cross time this is a bar number, you also get a bar number for the last bar in the DR box and one for when you received the buy or sell signal, so you subtract one of these from the STD X number and it will give you number of bars since 10:30 for NY sess or from when you received signal. Multiply that number by 5 to get the number of minutes. Gives prices for boxes, open and close prices of first and last candles in box and price of the NY day open for all sessions)
Spinn GAPs offIf you need to see the price movement without gaps, especially on very small timeframes, this simple indicator will help you with this. It uses the closing price of the previous candle as the opening price of the current one.
For its correct operation, you need to disable the display of candles in settings.
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Если вам нужно увидеть ход цены без учета ГЭПов, особенно на очень мелких таймфреймах, этот простой индикатор поможет вам в этом. Он использует цену закрытия предыдущей свечи в качестве цены открытия текущей.
Для его корректной работы нужно отключить отображение свечей стандартными средствами.
WR - BC IdentifierThis indicator is created for user to identify BIG CANDLE "BC" in order to identify momentum in the chart.
Big candle is identify by size of the body candle (body size = |open - close|). The script will compare previous size of 20 candles and will plot "BC" if the body size candles is bigger compared to 20 body candles before.
"BC" in Green color = Bullish Big Candle
"BC" in Red color = Bearish Big Candle
BU4U SuiteThe BU4U Suite is the be-all, end-all indicator package, providing one of the smoothest table / candle marker experiences on the internet.
BU4U Suite: The Indicator 4U
Use the forbidden ancient method 'Hey How Ya Doin' " Candle Detection, a technique which historians previously thought to be forever lost.
Set a custom percentage threshold to trigger 'Hey How Ya Doin' Candle Detection
Boost your mood by trading with a near-photorealistic digital avatar (A whopping 50x50 resolution)
Flip your avatar over 2
Change the shirt color of the digital avatar at will, using an interface so intuitive you won't need $9.4B in R&D to figure it out (see NASDAQ:META ).
Cross-platform 100-person multiplayer to be added in future updates
Chews Opening Range Breakout - FibonacciVisual tool for taking a Fibonacci retracement-backed opening range breakout.
How it works:
Short a first red candle. Long a first green candle.
You decide which Fibonacci % you prefer your stop loss to be, the plot and label will represent your decision.
Fibonacci logic is close --> open.
Recommendations:
Use a lower time frame interval like 3m.
Extra Notes:
On higher priced stocks, you may see some discrepancy (~$0.1!) when plotting a Fibonacci Retracement compared to the suggested stop loss.
Since this discrepancy happens on inherently more volatile stocks, I have chosen to neglect the discrepancy instead of going for point perfect stop loss exits.
Realistically, it won't matter unless you get very unlucky.
Fibonacci drawing is not a feature of what this indicator plots. It's there for reference, but I can add if requested.
I drafted this simple code to help me visualize automating this strategy.
"That's spoicy!"
ToDo: Add an optional two-sided ORB. Higher chance of success since it is meant for reversals.
