This tool is simple yet very effective. It creates new candles on the chart based on the MACD. Candles are green when MACD is increasing and red when it is decreasing. All lengths can be adjusted in the input menu and there is an option to plot the signal line. The rules for using it are pretty simple: 1.Buy on Green 2.Sell on red ~Happy Trading~
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
The idea is to make it more visible if the moment is to seek buying or selling, based on moving averages, being SMA 21 and EMA 9. best BUYBAR has the EMA9 and SMA21 rising and closing above them. "relevance A" best SELLBAR has the EMA9 and SMA21 dropping and closing below them. "relevance A" Conditions for all colors of the candlesticks: BuyBar A = price...
//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI //1. Bearish Three Line Strike +Up 67.38% //2. Bullish Three Line Strike -Down 65.23% //3. Bearish Three Black Crows -Down 59.83% //4. Bearish Evening Star -Down 55.85% //5. Bullish Upside Tasuki Gap +Up 54.44% //6. Bullish Inverted Hammer -Down 51.73% //7. Bullish Matching Low -Down 50.00% //8....
//Candle Patterns Ranked by Performance THOMAS N. BULKOWSKI //1. Bearish Three Line Strike +Up 67.38% //2. Bullish Three Line Strike -Down 65.23% //3. Bearish Three Black Crows -Down 59.83% //4. Bearish Evening Star -Down 55.85% //5. Bullish Upside Tasuki Gap +Up 54.44% //6. Bullish Inverted Hammer -Down 51.73% //7. Bullish Matching Low -Down 50.00% //8....
Doji Black Spinning Top White Spinning Top Bearish Abandoned Baby Bearish Advance Block Bearish Below The Stomach Bearish Belt Hold Bearish Breakaway Bearish Counter Attack Lines Bearish Dark Cloud Cover Bearish Deliberation Blok Bearish Descending Hawk Bearish Doji Star Bearish Downside Gap Three Methods Bearish Downside Tasuki Gap Bearish Dragonfly...
Bullish Abandone Baby Bullish Above The Stomach Bullish Belt Hold Bullish Breakaway Bullish Concealing Baby Swallow Bullish Counterattack Lines Bullish Deliberation Block Bullish Descent Block Bullish Doji Star Bullish Downside Gap Two Rabbits Bullish Dragonfly Doji Bullish Engulfing Bullish Hammer Bullish Harami Bullish Harami Cross Bullish High Price Gapping...
OHLC calculated with a moving average. You can replace sma with anything. EMA, Hull, sma(sma(sma(sma(close, etc. You could also make it look clean like Heikin Ashi candlesticks if you include min/max for low/high wicks on candles.
So this is a candel version with different smoothing methods (EMA ,KAMA 'WMA , ALMA etc) you have option for MTF in the setting the length is set to 1 -change it to the size you want (20 for example)
The script adds wicks to the RSI candle indicator. It is based on the RSI candle indicator by cI8DH. Note that the definition of these wicks is not unique. The implementation uses an RSI calculated from the highs and lows for the wicks.
This script will display a small triangle under the latest two candles to indicate whether that candle is bullish or bearish based on the following definition. A bullish candle closes in the top portion of the trading range of the candle while a bearish candle closes in the bottom portion of the trading range of the candle. The cutoff is currently set at 65%...
I've modified the original script by WiscoDish to show candles as green while they are smaller than the median of the past 10 candles. Once they become larger than the median they'll change to gray. I've also added a horizontal median line so you can see how close the candle is to the median candle size. This is very useful if you're stalking a trade and waiting...
When i was in Japan with some traders colleagues we talked about traditional charting tools from this country and how they changed the way we look at our charts today. Then suddenly one of the japanese traders i have met earlier said "Why not making another charting tool ? Smoother than Heikin-Ashi and including all the information a trader may need but easier to...
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...
Candle based indicator that shows swing highs and lows (pivots). It draws an up or down arrow for simple three candle 'single' swings. For stronger five candle 'double' swings, it colours the candle. Good for highlighting stronger reversals. Both of these stylings can be toggled on/off individually. Default colours Swing HIGH on an UP candle: bright...
Ver3.0 - EMA14 and EMA50 Cross detection - HA 1st profit taking - Overshoot detection - Candle shape and Wick analysis