This is an enhanced (closed-source) implementation of the Relative Candle Volatility Index (RCVI), with a Relative Candles Directionality Index (RCDI) added.
When the RCVI switch significantly positive, it indicates a sudden increase in volatility ; whereas, when the RCVI switch significantly negative, it indicates a sudden decrease in volatility -- in...
I am not certain if something similar is already available out there. However, here's my own implementation of my simple idea of using the length of the candle-body, or wicks (high-low), to derive a Relative Volatility Index / Oscillator.
In summary: When the R.CVI is significantly positive, it indicates a sudden increase in volatility; whereas, when the R.CVI...
this study is another script based on the candlestick pattern . there are a few filters implemented to be applied to the output result to clear out noises. it sounds like finding real Dark Cloud Cover instances are too rare (interesting though!).
Dark Cloud Cover
it is a bearish reversal candlestick pattern where a down candle (typically bearish) opens...
this study is the first one of a series of scripts based on the candlesticks pattern which will be published over time. There are several such scripts out there that can be found on TradingView but they seem to be inaccurate with a lot of noises and messy hard to understand code. In this script, I've tried to have a clean and easy to get
of the pattern itself and...
True-Price DOTS for Heikin Ashi (open/close/current)
USE:
Must Set Tradingview Candle Type to Heikin Ashi.
Works on all Timeframes and symbols.
BENEFITS:
Helps keep you aware of the actual price action as you trade and historically by adding subtle DOTS and step-lines over your Heikin Ashi candles. With this indicator, you can benefit from the price...
What is up y'all ? (french trying to sound American)
I found that in my script archives, way back in an old cave. I think this might be useful as a few really asked me how to define a green/red candle, how to capture the wick value, the body, etc..
This is not a fancy script as usual and I'm sure they're plenty of candles pattern scripts out there but I saw no...
Plots the live non-repainting candles for a higher time interval than the chart interval.
Features:
Configuration of the look and feel of the MTF candles.
Live candles update as the price action evolves for the session.
Historical candles can be toggled on/off.
Includes a moving average ribbon that is also MTF, matching the interval chosen.
Please...
Crypto Investidor EMA e MA consiste em um conjunto de 4 EMAs de 21 / 50 / 100 / 200 períodos e também 4 MAs de 21 / 50 / 100 / 200, criado para facilitar o entendimento dos nossos seguidores, a ponto de poder verificar no gráfico tanto as Medias Móveis Exponenciais, quanto as Medias Móveis Simples. Um excelente indicador para quem utiliza o tradingview free.
With thanks to AndresVasconez
14 candle crossovers (price>price(14)) displayed as grid pattern.
so thats price value (user choose if price is open,close,OHLC4 etc) greater than (>) previous price value, = show green square
then (if price>price(2) = show green square (etc all the way up to 14))
Resulting combination of square patterns showing trend and trend...
This strategy allows you to pick from 9 different candlestick patterns, and test them against historical data from your chart. You can get a good idea what patterns work best for each chart by turning each pattern on and off in the settings.
This script is designed to show you the average candle size in pips (wick to wick) for however many bars you choose (20 is default).
The idea is that if the average candle size for the last 20 bars is, let's say 25, you would probably not want to set your stop loss less than 25 because it is more likely to get hit.
if you find this script helpful, tips and...
Reynholm Pivots are used by Forex, Futures and Stock Traders to flag possible reverse points. These pivots work best on higher times such as the monthly, weekly and daily time frames. I don't recommend using Reynholm Pivots on time frames lower than the daily chart. This pivots are not "buy" or" sell" signals and should not be used for this purpose, but used in...
Helpful indicator that overlays the price with colors and arrows for understanding easily engulfing, pin bar and inside bar formations as seen in the book "The Candlestick Trading Bible" IG of writer: @price.action.strategies
How it works:
-Bullish engulfing: yellow
-Bearish engulfing: fuchsia
-Pin bars: up/down green/red arrows
-Inside bars: white circle...
Shows the candles of a specified EXCHANGE:PAIR in an indicator without overlay.
Has the following advantages over the standard comparison in TradingView:
- The compared pair is below your main chart.
- You can see the price of the compared pair.
- You can add multiple compared pairs and all of them will be shown in their own space with their own price.
This is a large compilation of candlestick patterns that allows the user to detect up to 42 different bullish and bearish patterns.
This script is intended to be a Pine Editor version of the one I normally used on a different platform, so your feedback is more than welcome to help me improve it, as fine tuning is ongoing.
New patterns will be added in the...
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
