This indicator is a predictive tool using Heikinashi to calculate shifts in trade direction. It works by reverse-engineering the regular candle stick closing price required, to flip the Heiken Ashi candle from Red to Green and vice-versa. Below, is an earlier indicator that I released and created. This plots this price as an oscillator, which allows traders to...
Introduction Have you ever heard that each candle represents a battle between bulls (buyer) and bears (seller)? If you know the answer, apparently you understand what the price action means. What if I ask you, how much was bloody in each battle between bulls and bears?!. This indicator may give a clear picture of how to identify the candle’s strength by...
This script is the perfect strategy for the all mighty shark-32 pattern. It shows the power tussle between demand and supply before either of them finally gives up.
This is another interesting take on candlesticks . These Bearish-Bullish Candles do not show the wicks. Instead, the upper wick is made into a Red body and the lower wick is made into a Green body. If you match the candle body color in the chart settings (or turn off the candles completely), you get a unique way of seeing how Bearish or how Bullish a candle is...
This script was designed to work and feel like the built in RSI script but with a lot of added feature that traders might enjoy. You get to see the RSI represented as candle sticks OR Heikin Ashi. I have added in Connors RSI as a bonus so you can see what this lesser used study looks like in candle form. Just like in the original script I have moving averages and...
Regression Candles by ugurvu Regression Channel by Tradingview All Candlestick Patterns By Tradingview This script was combined for a friend of mine who needed this. This Script has regression candles by ugurvu, Regression channel and Candlestick patterns by tradingview. The intention was to fuse these together so more information can be processed on the cost of...
RSI Ribbon + Candle By Ricardo Santos and JR In this chart rendering we are combining RSI and Moving Averages. For an added features we included colors to the candles and ribbons. Lime and green displays a strong bullish trend, yellow is caution or no trade, red and maroon are bearish trends. You can also find divergences using the ribbon. Divergence
Very simple strategy based on consecutive candle count. Simple but can be very profitable if you know how to execute. Example: - Buy when consecutive up closes exceeds 3 - Sell when consecutive down closes exceeds 3 For a buy signal, if price closes higher within 5 candles, it is defined as a win. For a sell signal, if price closes lower within 5 candles, it...
This is my script for a spinning top. It is just another form of a doji. It is an indecision bar. Enjoy.
Library "CandleEvaluation" Contains functions to evaluate bullish and bearish, engulfing, and outsized candles. They are different from the built-in indicators from TradingView in that these functions don't evaluate classical patterns composed of multiple candles, and they reflect my own understanding of what is "bullish" and bearish", "engulfing", and...
My script builds upon another user-submitted script by rebuilding the logic used to identify candlestick patterns. The logic in my script is a mix of strict and lax guidelines to mitigate false flags and present valid buy and sell signals. -To use this indicator, simply add it to any chart. It will identify trends on any time frame although the lower you go, the...
An indicator that visualizes the evolution of a daily candle, inspired by a thread on forexfactory: www.forexfactory.com Applied on a timeframe lower than D (actually lower than H4), it visualizes the evolution of the day's high and low, as well as mid and 25% and 75% lines. The sole input parameters are the hour at which a day is supposed to start, and the extent...
This is a custom High Time Frame indicator, originally created by JustUncleL. 💚 I have edited the Pine Script to allow a custom Time Period input. 💛 In the original version, you could only select from a few time periods as your High Time Frame. 💙 In this version you can put any time frame as your reference. 🧡 Example: 6-hour HTF or 2-Day HTF SOMMI'S SPECIAL...
Helps detecting candles of the predefined size. Possibility to choose whether to use bodies or full candles (i.e. low to high) and whether to use percentage or real size in your currency.
RSI ----- UPGRADE ----> RSI+ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The RSI index has been upgraded. The display function of RSI Candle, RSI Line, Divergence, and Divergence Line, which were previous...
Measure of the total candle length, including the upper and lower wicks. Works best as a histogram in my opinion. Used as a quick reference for the high minus the low of each candle.
RSI Typical RSI indicators were plotted with candles and expressed wick to resemble a candle chart, and linear regression was added to predict changes in force intensity, which allowed us to confirm support and resistance within linear regression. In addition, divergence signal was marked as an additional basis for the price fluctuation point due to support...