ALMA Trend-boxThis indicator uses the ALMA (Arnaud Legoux Moving Average) – a special type of moving average that provides a smoother and more responsive trend line. Based on the slope (angle) of the ALMA line and the price position relative to it, the indicator:
Colors candles in three different ways (to reflect market structure),
Plots the ALMA line on the chart,
Detects consolidation and highlights it with blue candles, background shading, and horizontal "box" lines.
📘 Candle Colors – How to Interpret Them
Candle Color Meaning Interpretation
🟩 Green Uptrend ALMA is sloping upward and price is above ALMA – look for buying opportunities.
🟥 Red Downtrend ALMA is sloping downward and price is below ALMA – look for selling opportunities.
🔵 Blue Sideways (Consolidation) Weak or neutral trend – market is moving sideways or accumulating.
🔵 What Do Blue Candles and the “Trend-box” Mean?
Blue candles represent consolidation periods, which occur when:
The slope of the ALMA line is less than ±40°, indicating a lack of strong trend,
The price behavior is not consistent with the direction of the slope (e.g., price is below ALMA even though ALMA is pointing upward).
During this time:
Blue candles and a blue background appear to visually highlight the consolidation,
Two dashed horizontal lines (a “box”) are drawn at the high and low of the consolidation range.
📌 The Trend-box helps you visually spot ranging markets, which often precede strong breakouts.
📈 How to Use This Indicator in Practice
Trend Following Strategy:
When candles are green → consider long trades.
When candles are red → consider short trades.
Use additional indicators (like RSI, MACD, or volume) to confirm entries.
Breakout Trading:
When blue candles and the box appear, wait for the price to:
Break above the box → potential long breakout.
Break below the box → potential short breakout.
You can set pending orders (buy stop/sell stop) just outside the box range.
Avoiding Choppy Entries:
Blue candles signal uncertainty – avoid entering impulsively during this time. Wait for trend confirmation.
⚙️ Adjustable Settings
ALMA Length – controls how quickly the moving average reacts.
Slope Threshold – determines the minimum angle required to define a trend.
Candle Colors – fully customizable (green/red/blue by default).
✅ Conclusion
ALMA Trend-box is a powerful visual tool for identifying:
Trending conditions (bullish or bearish),
Sideways markets (consolidation),
Breakout setups with clearly marked zones.
It works well on its own or as part of a larger trading system. Blue candles tell you to be patient, while transitions into green/red candles indicate developing trends.
Análise de Candles
Strong Bullish & Bearish Candle LabelsThis Pine Script highlights strong bullish and strong bearish candles on a price chart using labels, helping traders visually identify momentum-driven candles and avoid market noise.
How It Works:
1. Candle Strength Calculation
It calculates the body size of a candle: |close - open|
It calculates the total range of the candle: high - low
Then it computes the body-to-range ratio:
Pine script
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Edit
bodyRatio = body / (high - low)
This ratio measures how much of the candle is body vs. wick.
2. Filtering Logic
The script only labels candles where the body is large enough compared to the total range (i.e., a strong move).
You can adjust how strict this is using the bodyThreshold input (default = 0.6):
If bodyRatio >= 0.6, it's considered "strong"
3. Labeling Candles
Bullish Candle: close > open and strong body → label below the candle with "Bullish" in green.
Bearish Candle: close < open and strong body → label above the candle with "Bearish" in red.
Inputs:
Body-to-Range Ratio Threshold: Controls how "strong" a candle must be to get a label. Increase for stricter filtering.
Visual Output:
Labels appear below bullish candles and above bearish candles to avoid cluttering the chart.
Color-coded for easy identification:
Green for bullish
Red for bearish
Percent Change of Range CandlesPercent Change of Range Candles 2.0 – Explanation and Usage Guide - with a new visual display
Purpose of the Indicator
This indicator measures the percentage change in price relative to the total range (high - low) over a defined period. Its primary function is to display trend strength — whether the price has significantly risen or fallen in relation to its historical high and low over the selected length.
It serves as a tool for identifying momentum shifts, extreme zones, and potential entry and exit points.
How It Works
Main signal (c):
Calculated as the difference between the current close and the close length periods ago, divided by the total range over the same period.
The result is multiplied by 100 to express it as a percentage.
Positive values indicate bullish pressure, and negative values indicate bearish pressure.
Supportive lines (o, h, l):
o is the average of the last 5 values of c – used to observe momentum smoothing.
h and l are adaptive values based on short-term recalculations (25% of the main length), adjusted depending on the current direction of the trend.
Indicator Levels and Their Meaning
Level Meaning
0 A key boundary between bullish and bearish zones. Proximity to this line often suggests consolidation or a potential reversal.
+70 Strong bullish momentum. May indicate overbought strength – potential for a pullback.
+100 Extreme overbought zone. This could signal market exhaustion and an upcoming drop.
-70 Strong bearish momentum. Could indicate oversold strength, but still within a trending market.
-100 Extreme oversold zone. Signals a possible reversal or at least a short-term bounce.
How to Use It in Trading
Around the Zero Level (0):
This is the neutral zone. When c approaches zero after a strong trend, it can indicate momentum weakening and a potential trend shift.
A cross from negative to positive values could signal early bullish reversal.
A cross from positive to negative could indicate early bearish reversal.
Extreme Levels ±100:
These are not automatic "buy" or "sell" signals but mark extreme market conditions.
Approaching +100 suggests the market has risen too much, possibly overheated – be ready for a correction.
Approaching -100 suggests the market has fallen too much, potentially oversold – be prepared for a recovery.
Best used in combination with other filters like RSI, MA, price action, or volume.
Visual Interpretation
Green line (positive c) represents bullish momentum.
Red line (negative c) represents bearish momentum.
Gray lines (o, h, l) help visualize averages and wicks of the price move for better understanding of the internal price dynamics.
Conclusion
The Percent Change of Range Candles indicator is useful for:
Tracking medium-term price momentum.
Detecting overbought/oversold conditions.
Identifying consolidation phases and possible reversals.
For best results, use it in combination with other indicators and with a broader view of market context (e.g., higher timeframes).
Inside DayOnly uses completed bars (high , low ) — ignores today's intraday bar.
Plots only after market close, not during the current session.
Designed for end-of-day screeners and alerts, reliable for after-hours analysis.
Bullish/Bearish Body StrengthThis indicator analyzes candlestick body sizes to measure bullish versus bearish strength over a specified period. Here's what it does:
Features:
- Measures and totals the body sizes of bullish and bearish candles over your chosen lookback period
- Shows the total bullish and bearish body measurements as separate plots
- Calculates and displays a bull/bear ratio (bullish total divided by bearish total)
- Shows the difference between bullish and bearish totals
- Colors the background based on bullish (green) or bearish (red) dominance
- Includes an information table with current values and signals
Customization Options:
- Lookback Period: Set how many bars to analyze (default: 14)
- Normalize by ATR: Option to normalize body sizes by the Average True Range for more consistent measurement across different volatility periods
- Smoothing Period: Apply smoothing to the ratio and difference values
- Display Options: Toggle for showing the bull/bear ratio and bull-bear difference
How to Use:
1. Add the indicator to your chart in TradingView
2. Adjust the lookback period to fit your trading timeframe
3. Watch for:
- When bullish bodies significantly outweigh bearish ones (green dominance)
- When bearish bodies significantly outweigh bullish ones (red dominance)
- Ratio values above 2 (strong bullish signal) or below 0.5 (strong bearish signal)
The indicator provides both visual cues and numerical data to help identify periods of bullish or bearish momentum based on actual price movement rather than just candle count.
Premarket & Previous Day High/LowLines for Premarket High Low as well as Previous Day High and Low. Also adds Bollinger Bands. Colors the Bollinger Bands depending wether the Close is above or below PMH or PML
Trend Persistence Counter (TPC) by riskcipher🧭 Trend Persistence Counter (TPC) – A Simple Price Action Trend Duration Tool
Trend Persistence Counter (TPC) is a lightweight indicator that counts how long a trend persists after a breakout.
It is entirely based on price action, without using any moving averages or smoothing. The goal is to give a simple, rule-based view of trend continuity.
🧠 How It Works (Logic Overview)
This indicator switches between two modes: bullish and bearish.
If close > previous high, the counter enters bullish mode, and starts at +1
While in bullish mode:
If close >= previous low → continue the uptrend → +1 each bar
If close < previous low → trend ends → reset to 0, switch to bearish mode
If close < previous low, the counter enters bearish mode, and starts at -1
While in bearish mode:
If close <= previous high → continue the downtrend → -1 each bar
If close > previous high → trend ends → reset to 0, switch to bullish mode
This provides a bar-by-bar count of trend persistence based on whether price holds structure.
🎯 Use Cases
Track how long a trend continues after a breakout
Quickly detect when trend structure breaks
Help visually filter “strong” vs “weak” moves
Build logic-based alerts (e.g., trend continues for N bars)
🔍 Why Use This Instead of Traditional Indicators?
This is not meant to replace moving averages or trend filters.
But it offers some advantages for those who prefer structure-based logic:
Feature TPC
Based on Price Action ✅ Yes
Uses Lagging Filters ❌ No moving average or smoothing
Trend Duration Measurement ✅ Counts valid consecutive moves
Complexity ⚪ Very simple and transparent
It’s a simple concept and easy to understand, but still useful when combined with other tools or visualized on its own.
⚙️ Technical Notes
Works on any timeframe or instrument
The value is positive during bullish persistence, negative during bearish
Value resets to 0 when trend structure breaks
All logic is calculated bar-by-bar, in real time
✅ Example Usage Ideas
Highlight candles when TPC value crosses a certain threshold (e.g., strong breakout continuation)
Use the zero-cross as a potential reversal warning
Filter trend signals in your existing strategies
Inside DayCompares the current bar’s high and low to the previous day’s high and low.
Triggers when the current day is fully inside the prior day’s range.
Plots an orange label above the bar.
Inside DayOnly uses completed bars (high , low ) — ignores today's intraday bar.
Plots only after market close, not during the current session.
Designed for end-of-day screeners and alerts, reliable for after-hours analysis.
Candle Range Theory Hawkeye CapitalCandle Range Theory (CRT) – Hawkeye Capital
OVERVIEW
CRT looks for “liquidity sweep and rejection” candles. A bullish CRT forms when price dips below the previous candle’s low and closes back inside the range; a bearish CRT forms when price spikes above the previous high and closes back inside. The script draws the Candle-Range-High (CRH), Candle-Range-Low (CRL) and an optional shaded box between them. Only one active CRT is kept on-screen; when price reaches CRH or CRL the pattern is closed and a new one is awaited.
KEY FEATURES
Bullish and bearish CRT detection with arrow signals (▲ / ▼).
Optional range box, CRH line (resistance) and CRL line (support).
ATR multiplier to ignore small candles.
Higher-Time-Frame (HTF) mode: analyse D1, H4, etc., while trading on a lower chart.
Colour controls for bullish, bearish and box fill.
Six optional filters to improve quality: body-position, reference-candle size, wick-to-ATR, volume confirmation, recent-test lockout, session filter.
Non-repainting: signals confirm on bar close.
USER INPUTS
Display – toggle box, CRH, CRL; set ATR filter.
Colours – pick bullish, bearish and box colours.
Higher Timeframe – enable HTF model and choose the higher period.
Advanced Filters – thresholds for body position, reference candle size, volume, recent tests, time window.
TRADING LOGIC
Bullish entry: arrow ▲ appears. Target = CRH, stop = close below CRL.
Bearish entry: arrow ▼ appears. Target = CRL, stop = close above CRH.
Script auto-extends lines and box until either target or stop is hit.
ALERTS
“Bullish CRT Pattern Detected – Target: CRH, Stop: CRL”
“Bearish CRT Pattern Detected – Target: CRL, Stop: CRH”
Set them to “Once Per Bar Close” for clean notifications.
BEST PRACTICES
Use an ATR filter of 1.0–1.5 to cut noise.
Pair a lower chart with an HTF one or two steps higher (e.g., 5 m chart with 1 h CRT).
Risk 1-2 % per trade; always place stops at the invalidation level.
DISCLAIMER
This script is a technical-analysis aid, not financial advice. Test it thoroughly and manage risk before trading live.
BOS strategy (by Lumiere)This indicator highlights every BOS in real time. Once per direction
Key Features of BOS strategy:
🔹 Break of Structure (BOS) Detection – Identifies bullish (🟦 blue) and bearish (🟥 red) breaks with clear trend shifts.
🔹 Real-Time Updates: The indicator continuously updates in real time, marking BOS points as they occur.
🔹 Strict Swing Logic – Uses candle wicks for precise swing highs/lows.
🟦 Bullish BOS: Occurs when the price closes above a previously established high.
🟥 Bearish BOS: Occurs when the price closes below a previously established low.
🔹 Anti-Repaint Rules – Ensures no duplicate signals (✅ only 1 BOS per direction until opposite confirmation).
🔹 Clean Chart Management – Auto-deletes old lines (keeps last 500 BOS marks 🧹).
🔹 Customizable Colors – Personalize BOS lines for better visibility 🎨.
Ideal For Traders Who Want To:
✅ Spot trend continuations & reversals early 📈
✅ Trade institutional order flow concepts, SMC inspired 🏦
✅ Avoid clutter with auto-cleanup of old levels 🖥️
ORB2The "ORB2" Indicator (Opening Range Breakout 2) is designed to identify the key price range at the beginning of the trading day—commonly referred to as the opening range. Its main purpose is to help traders detect potential breakout points from this range, which are often used as signals for trade entries.
📌 Purpose
The indicator visually marks the highest (high) and lowest (low) price within a defined time interval at the start of the session (e.g., from 09:15 to 09:20). These values form what’s known as the opening range, which is often considered a consolidation zone before the market chooses a direction.
⚙️ How It Works
Time Setup:
The user defines the time window during which the opening range is monitored (default: 09:15–09:20).
The high and low values are tracked within this interval.
Session Detection:
When the defined session begins (is_first), the indicator records the current high and low as the initial ORB levels.
Range Updating:
During the session, if a new candle has a higher high or a lower low than the previously recorded ORB range, the indicator updates the levels accordingly.
Visualization:
The ORB zone is displayed as a shaded area (a blue fill between a green upper line and a red lower line)—but only when applied to intra-day charts with a time interval less than or equal to the specified inputMax (e.g., 5 minutes).
🎯 Purpose and Benefits
Quick breakout detection – Helps traders easily identify when price breaks out of the initial consolidation.
Clear visualization – Highlights the high/low boundaries and range area, making breakout strategies more effective.
Customizability – The user can adjust the session time and the maximum allowed chart resolution for display.
Percent Change of Range Candles📌 Indicator Description: "Percent Change of Range Candles"
This indicator is designed to visualize the percentage price change over a specified number of candles, relative to the historical market range. Instead of traditional candles, it uses a custom "range candle" visualization that reflects relative changes in context with the highest and lowest points within a given period.
🎯 Purpose and Application
The goal of this indicator is to:
Show how much the current price has changed compared to the price length candles ago (default: 100).
Express this change as a percentage of the total price range during that period.
Help traders identify extreme price movements, whether bullish or bearish.
Serve as an additional filter for momentum zones, divergences, or overextended conditions.
⚙️ How It Works
🔹 Core Calculation:
Range: The difference between the highest and lowest price over the selected period (length).
Price Change: The difference between the current close and the close length bars ago.
Percentage Value: (price_change / range) * 100
🔹 Additional Logic:
The synthetic open value is calculated as the average of the last 5 c values.
The high and low of each range candle are adjusted:
If c is negative, the high is replaced with a shorter-term percentage change (25% of length).
If c is positive, the low is adjusted in the same way.
🔹 Visualization:
Displays custom candles based on percentage change, not real price.
Candle color is green if the current value is above the recent average, and red if below.
Horizontal reference lines are drawn at +100, +70, 0, -70, and -100, helping to identify extremes.
✅ Advantages and Use Cases
Detects market extremes and potential reversal zones.
Useful in volatility or momentum-based strategies.
Can serve as a signal filter or divergence detector when combined with other tools (e.g., RSI, MACD).
TIME-SPLT ACADEMY CISD + FVGTime-Academy CISD + FVG Indicator
Supporting TSM-15 ( Time-Split Model )
Support and Resistance MTFSupport and Resistance MTF
Support and Resistance MTF is a powerful tool that automatically detects and visualizes key support and resistance levels based on pivot highs and lows, using a higher timeframe of your choice. It is designed for traders who focus on price action and market structure, and want an adaptive, clean, and customizable indicator that helps identify important market zones.
The script uses configurable pivot logic to identify levels, with user-defined parameters for pivot strength and timeframe. Once a support or resistance level is detected, it is displayed on the chart either as a horizontal line, a shaded box, or both, depending on your display settings. You can fully customize the visual appearance including color, transparency, and line thickness. Levels are automatically extended into the future, and optionally into the past, to give better context.
Each level is monitored for breakout behavior. If price breaks through a level, it can change its role — a former resistance may become support, and vice versa. After a certain number of breakouts (which you define), the level is considered invalid and is automatically removed from the chart. This helps to maintain a clean visual layout and ensures only relevant levels are shown.
The indicator supports multi-timeframe analysis, allowing you to overlay higher-timeframe structure directly on your lower-timeframe trading chart. It is also compatible with Heikin Ashi candles internally for reference, without affecting your main chart type.
Support and Resistance MTF is ideal for traders looking to align intraday setups with higher-timeframe zones, manage risk around structural levels, or simply highlight market turning points in a clear and automated way. Built with Pine Script v5 and optimized for performance, it is both powerful and lightweight.
⚙️ Input Parameters – Description
[Time-Frame
Defines the higher timeframe used for detecting support and resistance levels. For example, you can set this to 1h, 4h, or D to visualize significant levels from a broader market perspective on a lower-timeframe chart.
Left / Right (Pivot Left / Pivot Right)
These parameters control the sensitivity of the pivot detection. A pivot high/low is confirmed if it is higher/lower than the defined number of candles to its left and right. Higher values reduce noise but may miss smaller turning points.
Extend Left
When enabled, the drawn levels (lines and/or boxes) are extended to the left side of the chart, allowing you to see the historical alignment of these levels.
Max Breaks Before Delete
Defines how many times a level can be broken by price before it is removed from the chart. This helps to avoid clutter from outdated or invalidated levels and keeps your chart relevant to current price action.
Draw Lines Only
If enabled, the indicator will draw only horizontal lines for support and resistance zones, omitting the colored background boxes. Useful for a cleaner chart appearance.
Line Width Broken Level
Sets the thickness of the support/resistance lines. Thicker lines can emphasize key levels, especially after a breakout.
Transparency Boxes
Controls the transparency (0–100) of the background boxes representing the zones. A higher value makes the boxes more transparent, lower values make them more opaque.
Transparency Lines
Controls the transparency (0–100) of the horizontal support and resistance lines. This allows for visual fine-tuning based on chart background and personal preference.
Support (Color, Group: Display)
Lets you choose the color used for support zones and lines. By default, it's green, but you can change it to fit your theme or visual preference.
Resistance (Color, Group: Display)
Defines the color for resistance zones and lines. The default is red, but it can be customized freely.
Two Candle Theory (Filtered) - Labels & ColorsOverview
This Pine Script classifies each candle into one of nine sentiment categories based on how the candle closes within its own range and in relation to the previous candle’s high and low. It optionally filters the strongest bullish and bearish signals based on volume spikes.
The script is designed to help traders visually interpret market sentiment through configurable labels and candle colors.
⸻
Classification Logic
Each candle is assessed using two metrics:
1. Close Position – where the candle closes within its own high-low range (High, Mid, Low).
2. Close Comparison – how the current close compares to the previous candle’s high and low (Bull, Bear, or Range).
Based on this, a short label is assigned:
• Bullish Bias: Strongest (SBu), Moderate (MBu), Weak (WBu), Slight (SlB)
• Neutral: Neutral (N)
• Bearish Bias: Slight (SlS), Weak (WBa), Moderate (MBa), Strongest (SBa)
⸻
Volume Filter
A volume spike filter can be applied to the strongest signals:
• SBu and SBa are only shown if volume is significantly higher than the average (SMA × threshold).
• The filter is optional and user-configurable.
⸻
Display Options
Users can control:
• Whether to show labels, bar colors, or both.
• Which of the nine label types are visible.
• Custom colors for each label and corresponding bar.
⸻
Visual Output
• Labels appear above or below candles depending on bullish or bearish classification.
• Bar colors reflect sentiment for quicker visual scanning.
⸻
Use Case
Ideal for identifying momentum shifts, validating trade entries, and highlighting candles that break out of previous ranges with conviction and/or volume.
⸻
Summary
This script simplifies price action by translating each candle into an interpretable sentiment label and color. With optional volume filtering and full display customization, it offers a practical tool for discretionary and systematic traders alike.
Shooting Star Detector[cryptovarthagam]🌠 Shooting Star Detector
The Shooting Star Detector is a powerful price action tool that automatically identifies potential bearish reversal signals using the well-known Shooting Star candlestick pattern.
Ideal for traders who rely on candlestick psychology to spot high-probability short setups, this script works across all markets and timeframes.
🔍 What is a Shooting Star?
A Shooting Star is a single-candle pattern that typically forms at the top of an uptrend or resistance zone. It’s characterized by:
A small body near the candle's low,
A long upper wick, and
Little or no lower wick.
This pattern suggests that buyers pushed price higher but lost control by the close, hinting at potential bearish momentum ahead.
✅ Indicator Features:
🔴 Accurately detects Shooting Star candles in real-time
🔺 Plots a red triangle above every valid signal candle
🖼️ Optional background highlight for visual clarity
🕵️♂️ Strict ratio-based detection using:
Wick-to-body comparisons
Upper wick dominance
Optional bearish candle confirmation
⚙️ Detection Logic (Rules Used):
Upper wick > 60% of total candle range
Body < 20% of total candle
Lower wick < 15% of candle range
Bearish candle (optional but included for accuracy)
These rules ensure high-quality signals that filter out false positives.
📌 Best Use Cases:
Spotting trend reversals at swing highs
Confirming entries near resistance zones
Enhancing price action or supply/demand strategies
Works on: Crypto, Forex, Stocks, Commodities
🧠 Trading Tip:
Pair this detector with volume confirmation, resistance zones, or bearish divergence for higher-probability entries.
📉 Clean, minimal, and non-repainting — designed for traders who value accuracy over noise.
Created with ❤️ by Cryptovarthagam
Follow for more real-time price action tools!
Candle Reversal Matrix TFFCandle Reversal Matrix TFF
This "Engulfing + Shooting Star + Evening Star + Hanging Man + Dark Cloud Cover" indicator is a comprehensive candlestick pattern scanner designed to identify key bearish and bullish reversal signals on your TradingView charts.
Key Features:
Bullish Engulfing: Detects strong bullish reversals where a green candle fully engulfs the previous red candle, signaling potential upward momentum.
Bearish Engulfing: Flags bearish reversals where a red candle engulfs the prior green candle, indicating possible downtrend beginnings.
Shooting Star: Identifies candles with a small body near the low and a long upper wick, commonly marking a bearish reversal after an uptrend.
Evening Star: Detects a three-candle bearish reversal pattern characterized by a large green candle, followed by a small indecisive candle, and a strong red candle closing well into the first candle’s body.
Hanging Man: Spots small-bodied candles with long lower shadows after an uptrend, warning of potential bearish reversals.
Dark Cloud Cover: Recognizes a two-candle bearish reversal where a red candle gaps above and closes below the midpoint of the previous green candle.
Visual Cues:
Each pattern is marked on the chart with distinct colored shapes and labels for easy identification:
Green arrows and labels for bullish signals
Red, orange, purple, yellow, and maroon shapes for bearish patterns, each with unique symbols (↓, ☆, EV, HM, DC)
PinBar Finder | @CRYPTOKAZANCEVPinBar Finder | @CRYPTOKAZANCEV
This script helps traders identify high-probability reversal points based on price action, specifically Pin Bars — a well-known candlestick pattern used in technical analysis.
What does the indicator do?
It detects bullish and bearish Pin Bars using a custom method for wick-to-body ratio and filters based on historical volatility (pseudo-ATR). A label appears on the chart with detailed info on wick and body size when a valid signal is found.
How does it work?
- The indicator calculates a pseudo-ATR based on the percentage range of the last 1000 candles.
- It then multiplies this value by a user-defined factor (default: 1.1) to set a dynamic threshold for wick size.
- Bullish Pin Bars are detected when the lower wick is at least 1.1 times the body and greater than the dynamic ATR.
- Bearish Pin Bars are detected when the upper wick meets similar conditions.
- Signals are shown using chart labels with exact wick/body percentages.
- Alerts are included for automation or integration with trading bots.
How to use it?
- Add the indicator to any timeframe and asset.
- Use the alerts to notify you when a Pin Bar appears.
- Ideal for traders who use candlestick reversal strategies or combine price action with other confluence tools.
- You can adjust the wick length multiplier to fit the volatility of the instrument.
What makes it original?
Unlike many public scripts that use fixed ratios, this script adapts wick length detection based on recent volatility (pseudo-ATR logic). This makes it more dynamic and suitable for different markets and timeframes.
Developed by: @ZeeZeeMon
Original author name on chart: @CRYPTOKAZANCEV
This script is open-source and educational. Use at your own discretion.
PinBar Finder | @CRYPTOKAZANCEV
Этот скрипт помогает трейдерам находить точки потенциального разворота на основе прайс-экшена, а именно — свечного паттерна «Пин-бар». Индикатор автоматически определяет бычьи и медвежьи пин-бары с учетом адаптивных параметров волатильности.
Что делает индикатор?
Скрипт ищет свечи, у которых тень в несколько раз превышает тело (пин-бары), и отображает на графике точную информацию о длине тела и тени. Это полезно для трейдеров, использующих свечные сигналы на разворот.
Как работает?
- Рассчитывается псевдо-ATR по 1000 последним свечам на основе процентного диапазона high-low.
- Этот ATR умножается на заданный множитель (по умолчанию: 1.1), чтобы динамически задать минимальную длину тени.
- Бычий пин-бар определяется, когда нижняя тень больше тела в 1.1 раза и превышает ATR.
- Медвежий пин-бар — аналогично, но для верхней тени.
- Индикатор отображает лейблы с точными значениями тела и тени.
- Реализованы условия для оповещений (alerts).
Как использовать?
- Добавьте индикатор на нужный график и таймфрейм.
- Настройте alerts, чтобы не пропустить сигналы.
- Особенно полезен для трейдеров, работающих со свечным анализом, стратегиями разворота, а также в сочетании с другими индикаторами.
В чем оригинальность?
В отличие от многих скриптов, использующих фиксированные параметры, здесь используется динамический расчет длины тени на основе волатильности. Это делает скрипт адаптивным к рынку и таймфрейму.
Разработчик: @ZeeZeeMon
Оригинальное имя автора на графике: @CRYPTOKAZANCEV
Скрипт является открытым и предназначен для образовательных целей. Используйте на своё усмотрение.
The Strat The Strat Bar Type Identifier – Pure Price Action Logic
This open-source indicator implements the foundational bar classification of "The Strat" method developed by Rob Smith. It identifies each candle on the chart as one of the three core types used in The Strat:
* Inside Bar (1): The candle’s range is fully within the previous candle’s range. This indicates consolidation or balance and often precedes breakouts or reversals.
* Two-Up Bar (2U): The current candle breaks the previous high but does not break its low. This is considered bullish directional movement.
* Two-Down Bar (2D): The current candle breaks the previous low but not the high. This signals bearish directional movement.
* Outside Bar (3): The candle breaks both the high and the low of the previous candle, signaling a broadening formation and high volatility.
The script plots a character below each candle based on its type:
* "1" for Inside Bar
* "2" for Two-Up or Two-Down (color-coded)
* "3" for Outside Bar
This tool helps traders quickly identify actionable setups according to The Strat method and serves as a foundation for more advanced strategies like the 3-1-2 reversal or 1-2-2 continuation.
All calculations are based purely on price action—no indicators, no smoothing, no lagging elements. It is ideal for traders looking to understand price structure and bar sequencing from a Strat perspective.
To use:
1. Add the indicator to any chart and timeframe.
2. Look for the numbers below the candles.
3. Analyze the sequence of bar types to spot Strat setups.
This script is educational and can be extended with multi-timeframe context, FTFC logic, actionable signals, or broadening formation detection.
Clean, minimal, and faithful to the core principles of The Strat.
Candle Range Trading (CRT) with Alerts
📌 Description:
The Candle Range Trading (CRT) indicator identifies potential reversal or continuation setups based on specific two-candle price action patterns.
It analyzes pairs of candles to detect Bullish or Bearish CRT patterns and provides visual signals (triangles) and alert notifications to support scalp or swing trading strategies.
🔍 How It Works:
🔻 Bearish CRT Pattern:
Candle 1 is bullish
Candle 2 is bearish
Candle 2's high > Candle 1's high
Candle 2 closes within Candle 1’s range
🔺 Red triangle above candle
🔺 Bullish CRT Pattern:
Candle 1 is bearish
Candle 2 is bullish
Candle 2's low < Candle 1's low
Candle 2 closes within Candle 1’s range
🔻 Green triangle below candle
📈 Visual Features:
🔺 Red triangle = Bearish CRT
🔻 Green triangle = Bullish CRT
📏 Optional box showing CRT High and CRT Low
🔔 Built-in Alerts:
Bullish CRT Alert: "Bullish CRT Pattern Detected"
Bearish CRT Alert: "Bearish CRT Pattern Detected"
Set alerts to get notified instantly when a pattern is detected.
⚠️ Note:
Use in conjunction with trend filters, support/resistance, or volume for best results.
Ideal for scalping or short-term trades.
Avoid trading in choppy or low-volume markets.
⚠️ Disclaimer:
This script was generated with the assistance of ChatGPT by OpenAI and is intended for educational and informational purposes only.
All strategies, alerts, and signals derived from this indicator should be thoroughly backtested and validated before using in live trading.
Trading involves substantial risk, and past performance is not indicative of future results. The author and ChatGPT bear no responsibility for any trading losses or financial decisions made using this script.
Users are solely responsible for the risks associated with their trading actions. Always apply proper risk management and perform your own due diligence before making any financial decisions.
Candle/Keltner Channels BUY SELLWhy Use Candlesticks?
They help traders visualize price action
Used in technical analysis and price pattern recognition (e.g., Doji, Engulfing, Hammer)
Assist in determining entry and exit points
Why Traders Use Keltner Channels?
Keltner Channels are widely used by traders for identifying trends, detecting volatility, and spotting trade opportunities.
1. Trend Identification
The middle line (EMA) shows the general trend.
If price consistently stays above the middle line, it indicates a strong uptrend.
If price stays below, it signals a downtrend.
Use: Traders follow the trend direction to enter trades in line with momentum.
2. Volatility Measurement
The width of the channel expands and contracts based on Average True Range (ATR).
Wider channels = high volatility, tighter channels = low volatility.
Use: Helps traders decide when to expect breakouts or calm periods.
3. Breakout Signals
A break above the upper band can signal a bullish breakout.
A break below the lower band can signal a bearish breakout.
Use: Traders use this for momentum trading and breakout entries.
4. Overbought/Oversold Conditions
Price touching or crossing the upper band may suggest it's overbought.
Price touching or crossing the lower band may suggest it's oversold.
Use: Traders combine this with RSI or MACD to confirm reversal setups.
5. Trade Entry and Exit
When price pulls back to the middle EMA during a trend, it may present a buy/sell opportunity.
Exits can also be planned if price returns inside the bands after a breakout.
Use: Helps with precise entry and exit timing.
6. Combines Well With Other Indicators
Commonly used with:
RSI (for confirmation)
MACD (for momentum)
Candlestick patterns (for price action signals)
Combining Candlestick Patterns with Keltner Channels gives traders a powerful method to confirm entries, spot reversals, and improve accuracy. Here’s why this combination works so well:
1. Context for Candlestick Signals
Candlestick patterns (like doji, engulfing, or pin bars) show potential price reversals, but they need context to be reliable. Keltner Channels provide that context:
A bullish candlestick near the lower band suggests a stronger buy signal.
A bearish candlestick near the upper band strengthens a sell signal.
2. Filtering False Signals
Candlestick patterns occur frequently, and not all are meaningful.
The location within the Keltner Channel helps filter out weak or false patterns.
Example: A bullish engulfing candle outside the lower band = high-probability reversal.
3. Improved Entry Timing
Traders wait for a candlestick pattern confirmation when price touches or crosses a Keltner band.
This avoids premature entries and allows tighter stop-losses.
4. Better Risk-Reward Setup
Candlestick entry near channel extremes (upper/lower band) lets traders place stop-losses just beyond recent highs/lows.
The target can be the opposite side of the channel or the middle EMA.
5. Visual Simplicity
Keltner Channels + Candles are visually intuitive.
Even beginner traders can easily recognize:
Overextended candles near channel edges.
Confirmed breakouts or reversals.
This Timeframe 5 min : XAUUSD
Interest Zones | @CRYPTOKAZANCEVEnglish Description.
🧠 What This Script Does
This script automatically detects price interest zones — areas where the price repeatedly reacts by forming local swing highs or lows , suggesting heightened supply/demand or market attention. It uses a custom volatility-adjusted range (pseudo-ATR) to dynamically group significant swing points and highlights these zones visually on the chart.
The script is not a mashup or copy of built-in indicators. It’s an original implementation that performs a meaningful calculation based on market structure and volatility to help traders identify important price areas.
⚙️ How It Works
1. Swing Point Detection:
The script identifies swing highs and lows using a configurable lookback window.
2. Zone Candidate Evaluation:
Each swing is checked against a custom zone width (based on ATR and your multiplier). If multiple swings fall within this range, it’s marked as a potential zone.
3. Filtering:
The script keeps only those zones that:
• Contain at least a user-defined number of swing points.
• Do not overlap with stronger (higher swing count) zones.
4. Visualization:
• The strongest zones are drawn as semi-transparent boxes.
• Zones are limited by time (last X candles).
• Optional: Swing highs/lows can be shown on chart.
📊 How to Use
• Use it on any timeframe or asset to identify price regions of interest.
• Combine with volume, trend, or candlestick analysis for entries/exits.
• The number of touches (swing points in a zone) gives insight into zone significance.
This tool is particularly useful for identifying support/resistance areas based on actual price structure rather than arbitrary levels.
🔧 Settings
• Swing Lookback Period: Controls how many candles on each side of a pivot the script checks to detect a local high/low.
• Zone Width Multiplier: Adjusts the volatility-based range. Larger values create wider zones.
• Min Swing Count: Zones with fewer swing points than this won't be shown.
• Max Zones Displayed: Limits the number of zones shown on screen.
• Max Candles for Analysis: Old swing points beyond this range are ignored.
📌 Notes
• No third-party code or mashups used.
• This is a standalone implementation of a concept similar to market structure mapping, tailored to be dynamic and responsive to volatility.
• Ideal for traders who prefer clean, price-action-based analysis.
🇷🇺 Русское описание
🧠 Что делает этот индикатор:
Индикатор автоматически определяет зоны интереса цены — области, где цена многократно формирует локальные максимумы или минимумы (свинги) . Эти зоны могут сигнализировать о повышенном внимании рынка, предложении или спросе. Скрипт использует псевдо-ATR (волатильность на основе среднего диапазона), чтобы динамически определять такие области и выделяет их на графике.
Это не копия стандартных индикаторов и не микс чужих скриптов — это оригинальная разработка , полезная для всех, кто ищет автоматическую разметку важных ценовых уровней.
⚙️ Как работает индикатор
1. Поиск свинг-точек:
Определяются локальные экстремумы с учетом указанного периода.
2. Формирование кандидатов в зоны:
Каждая свинг-точка проверяется, есть ли в её диапазоне другие свинги. Если таких достаточно — зона считается потенциальной.
3. Фильтрация зон:
• Учитываются только зоны с минимумом заданных свингов.
• Перекрывающиеся зоны удаляются в пользу более значимых.
4. Визуализация:
• Отображаются зоны с наибольшим числом касаний.
• Зоны ограничиваются последними X свечами.
• При желании можно отобразить сами свинг-точки.
📊 Как использовать
• Работает на любом таймфрейме и инструменте.
• Используйте совместно с объёмами, трендом или свечным анализом.
• Количество касаний помогает оценить важность зоны.
Полезен тем, кто предпочитает анализ на основе структуры цены, а не произвольных уровней.
🔧 Настройки
• Период свингов: Сколько свечей учитывается по бокам для поиска экстремумов.
• Множитель зоны: Увеличивает диапазон зоны на основе волатильности.
• Мин. количество свингов: Минимум точек в зоне для её отображения.
• Макс. зон на графике: Ограничение по количеству отображаемых зон.
• Макс. свечей анализа: Старые точки за пределами не учитываются.
📌 Примечания
• Не содержит чужих индикаторов или шаблонов.
• Самостоятельная реализация механизма анализа структуры рынка.
Volume CandlesVolume Candles — Context-Aware Candle Color
Description:
This visual indicator colors your price candles based on relative volume intensity, helping traders instantly detect low, medium, and high volume activity at a glance. It supports two modes — Percentile Ranking and Volume Average — offering flexible interpretation of volume pressure across all timeframes.
It uses a 3-tiered color system (bright, medium, dark) with customizable tones for both bullish and bearish candles.
How It Works:
You can choose between two modes for volume classification:
Ranking Mode (Default):
Measures current volume’s percentile rank over a lookback period. Higher percentiles = stronger color intensity.
Percentile thresholds:
< 50% → light color (low volume)
50–80% → medium intensity
> 80% → high volume
Volume Average Mode:
Compares current volume against its simple moving average (SMA).
Volume thresholds:
< 0.5× SMA → light color
Between 0.5× and 1.5× → medium
> 1.5× → high intensity
Candle Paint:
Candles are colored directly on the chart, not in a separate pane. Bullish candles use green shades, bearish use red. All colors are fully customizable.
How to Interpret:
Bright Colors = High volume (potential strength or climax)
Muted/Transparent Colors = Low or average volume (consolidation, traps)
Example Use Cases:
Spot fakeouts with large price movement on weak volume (dark color)
Confirm breakout strength with bright candles
Identify stealth accumulation/distribution
Inputs & Settings:
Mode: Ranking Percentile or Volume Average
Lookback Period for ranking and SMA
Custom Colors for bullish and bearish candles at 3 intensity levels
Best For:
Price action traders wanting context behind each candle
Scalpers and intraday traders needing real-time volume feedback
Anyone using volume as a filter for entries or breakouts
Pro Tips:
Combine with Price Action, Bollinger Bands or VWAP/EMA levels to confirm breakout validity and intent behind a move.
Use alongside RSI/MACD divergences for high-volume reversal signals.
For swing trading, expand the lookback period to better normalize volume over longer trends.
