Candle Breakout Oscillator [LuxAlgo]The Candle Breakout Oscillator tool allows traders to identify the strength and weakness of the three main market states: bullish, bearish, and choppy.
Know who controls the market at any given moment with an oscillator display with values ranging from 0 to 100 for the three main plots and upper and lower thresholds of 80 and 20 by default.
🔶 USAGE
The Candle Breakout Oscillator represents the three main market states, with values ranging from 0 to 100. By default, the upper and lower thresholds are set at 80 and 20, and when a value exceeds these thresholds, a colored area is displayed for the trader's convenience.
This tool is based on pure price action breakouts. In this context, we understand a breakout as a close above the last candle's high or low, which is representative of market strength. All other close positions in relation to the last candle's limits are considered weakness.
So, when the bullish plot (in green) is at the top of the oscillator (values above 80), it means that the bullish breakouts (close below the last candle low) are at their maximum value over the calculation window, indicating an uptrend. The same interpretation can be made for the bearish plot (in red), indicating a downtrend when high.
On the other hand, weakness is indicated when values are below the lower threshold (20), indicating that breakouts are at their minimum over the last 100 candles. Below are some examples of the possible main interpretations:
There are three main things to look for in this oscillator:
Value reaches extreme
Value leaves extreme
Bullish/Bearish crossovers
As we can see on the chart, before the first crossover happens the bears come out of strength (top) and the bulls come out of weakness (bottom), then after the crossover the bulls reach strength (top) and the bears weakness (bottom), this process is repeated in reverse for the second crossover.
The other main feature of the oscillator is its ability to identify periods of sideways trends when the sideways values have upper readings above 80, and trending behavior when the sideways values have lower readings below 20. As we just saw in the case of bullish vs. bearish, sideways values signal a change in behavior when reaching or leaving the extremes of the oscillator.
🔶 DETAILS
🔹 Data Smoothing
The tool offers up to 10 different smoothing methods. In the chart above, we can see the raw data (smoothing: None) and the RMA, TEMA, or Hull moving averages.
🔹 Data Weighting
Users can add different weighting methods to the data. As we can see in the image above, users can choose between None, Volume, or Price (as in Price Delta for each breakout).
🔶 SETTINGS
Window: Execution window, 100 candles by default
🔹 Data
Smoothing Method: Choose between none or ten moving averages
Smoothing Length: Length for the moving average
Weighting Method: Choose between None, Volume, or Price
🔹 Thresholds
Top: 80 by default
Bottom: 20 by default
Candlestick analysis
Abusuhil Bullish CandlesAbusuhil Bullish Candles is a pattern recognition indicator designed to identify key bullish reversal candlestick formations including Hammer, Bullish Engulfing, Morning Star, Piercing Line, Three White Soldiers, and Three Inside Up.
The script includes optional filters such as Stochastic and Volume Confirmation, providing more precise signal detection.
Each pattern and filter is fully customizable via settings. Alerts are also included to support active trading workflows.
This script was written originally and does not copy open-source indicators. It's ideal for traders seeking visual clarity on bullish opportunities with professional-grade logic.
مؤشر الشموع الصعودية هو مؤشر احترافي يكتشف أبرز نماذج الانعكاس الصعودي في الشموع اليابانية مثل: Hammer، Bullish Engulfing، Morning Star، Piercing Line، Three White Soldiers، و Three Inside Up.
يوفر المؤشر فلاتر إضافية مثل فلتر Stochastic وفلتر الفوليوم لتعزيز دقة الإشارات. جميع الإعدادات قابلة للتعديل بما يتناسب مع احتياج كل متداول.
يحتوي المؤشر أيضًا على تنبيهات تلقائية لدعم استراتيجيات التداول اللحظي. تمت برمجة المؤشر من الصفر ويعتمد على منطق خاص غير منسوخ من سكربتات مفتوحة المصدر.
SNIPER-AVTRADINGPROSNIPER-AVTRADINGPRO Indicator Analysis
This Pine Script indicator combines CCI (Commodity Channel Index) and ADX (Average Directional Index) to identify strong trends and potential reversals through divergences.
Key Components:
CCI Calculation:
Default period: 20
Plotted as colored columns (green above 0, red below 0)
Key levels marked at +200 and -200
ADX Calculation:
Default period: 14
Threshold for strong trend: 20 (configurable)
Divergence Detection:
Uses pivot points to identify potential divergences between price and CCI
Bullish divergence: Lower price lows with higher CCI lows
Bearish divergence: Higher price highs with lower CCI highs
Visual Features:
Background coloring for strong bullish (green) and bearish (red) conditions
Lines drawn to highlight divergences
ADX plotted as a white line
Alert Conditions:
Strong bullish - When CCI > 100 and ADX > threshold
Strong bearish - When CCI < -100 and ADX > threshold
Bullish divergence - When price makes lower low but CCI makes higher low
Bearish divergence - When price makes higher high but CCI makes lower high
The indicator is designed to help spot high-probability trading opportunities by combining momentum (CCI) with trend strength (ADX) and divergence patterns.
HA Candles by TradingZoneTLSThis script displays Heiken Ashi candles overlaid on price charts. It allows users to toggle between standard candles and Heiken Ashi candles.
📌 Source credit: This script is adapted from the public indicator "Heiken Ashi Candles" originally published by CryptoRox.
⚙️ Features:
Toggle Heiken Ashi on/off
Candles colored green/red based on open/close
🔗 Follow us for updates and more indicators:
Telegram Channel – TradingZoneTLS
Modified and maintained by TradingZoneTLS.
Liquidity Sweep Reversal [Grimoire]The Liquidity Sweep Reversal indicator is designed to spot potential turning points by watching for “liquidity sweeps” above key prior highs. Specifically, it marks when price briefly pushes above levels such as:
The high of the previous candle
The high of the prior trading day
The high of the previous week
These sweeps often trigger stop-hunts or liquidity hunts, after which price frequently reverses. By highlighting those moments, the indicator helps you anticipate and trade these reversal moves more easily.
TRB Trade Setup ScannerThis is specifically looking for a breakout trade for TRB considering the time frame for end of May 2025. Please test and give a rating;)
SMA Strategy with Re-Entry Signal (v6 Style)*SMA Trend Strategy with Re-Entry Signal (v6 Edition)*
This indicator is based on a classic moving average trend-following system, enhanced with re-entry signals designed for medium to short-term traders.
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### 📈 Key Features:
1. *Trend Detection Logic:*
- The 30-period SMA (SMA30) is used as the trend filter.
- When the closing price is above the SMA30, the market is considered to be in an uptrend.
2. *Re-Entry Signal:*
- While in an uptrend, if the closing price crosses above the SMA20, a re-entry (add position) signal is triggered.
- These signals are shown with green upward arrows below the bars.
3. *Background Highlighting:*
- Green background: indicates an uptrend.
- Red background: indicates a break below SMA30, suggesting weakening momentum.
4. *Multi-SMA Visualization:*
- Five SMAs are displayed: SMA10, SMA20, SMA30, SMA60, and SMA250.
- This helps visualize both short-term and long-term trend structures.
---
### 🔍 Usage Tips:
- Use this script directly on your main chart to monitor trend direction and wait for re-entry signals during pullbacks.
- Combine with other tools like volume, price action, or candlestick patterns to confirm entries.
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### ⚠️ Disclaimer:
- This indicator is for educational and informational purposes only. It does not constitute financial advice or a buy/sell signal.
- Avoid relying solely on this script for trading decisions. Always manage your own risk.
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👨💻 *Developer’s Note:*
This script is 100% manually developed, not copied or auto-generated. It is an original implementation based on my personal trading logic. Suggestions and feedback are welcome!
Abusuhil Bullish Candles (Label + Table)Abusuhil Bullish Candles is a pattern recognition indicator designed to identify key bullish reversal candlestick formations including Hammer, Bullish Engulfing, Morning Star, Piercing Line, Three White Soldiers, and Three Inside Up.
The script includes optional filters such as Stochastic and Volume Confirmation, providing more precise signal detection.
Each pattern and filter is fully customizable via settings. Alerts are also included to support active trading workflows.
This script was written originally and does not copy open-source indicators. It's ideal for traders seeking visual clarity on bullish opportunities with professional-grade logic.
مؤشر الشموع الصعودية هو مؤشر احترافي يكتشف أبرز نماذج الانعكاس الصعودي في الشموع اليابانية مثل: Hammer، Bullish Engulfing، Morning Star، Piercing Line، Three White Soldiers، و Three Inside Up.
يوفر المؤشر فلاتر إضافية مثل فلتر Stochastic وفلتر الفوليوم لتعزيز دقة الإشارات. جميع الإعدادات قابلة للتعديل بما يتناسب مع احتياج كل متداول.
يحتوي المؤشر أيضًا على تنبيهات تلقائية لدعم استراتيجيات التداول اللحظي. تمت برمجة المؤشر من الصفر ويعتمد على منطق خاص غير منسوخ من سكربتات مفتوحة المصدر.
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🇸🇦 التحديثات – النسخة الجديدة (Abusuhil Bullish Candles)
✅ تم تغيير الملصقات بشكل أوضح: باستخدام دوائر ملونة أسفل الشموع بدلًا من المربعات لتفادي التراكب.
🟦 إضافة جدول تفاعلي على الشارت يعرض أسماء النماذج وألوانها المخصصة.
🎨 إمكانية تغيير ألوان كل نموذج من الإعدادات حسب رغبة المستخدم.
🧩 تفعيل/تعطيل كل نموذج على حدة من خلال إعدادات منفصلة.
🔔 إضافة تنبيه احترافي واحد يتم تفعيله عند تحقق أي نموذج نشط من النماذج المحددة.
📋 توافق كامل مع سياسة TradingView:
لا يحتوي على أكواد منسوخة أو مبنية على مؤشرات داخلية.
لا تكرار للوظائف أو العناوين.
وصف واضح مع تحكم كامل للمستخدم.
🇬🇧 Updates – Latest Version (Abusuhil Bullish Candles)
✅ Clearer Signal Labels: Now uses colored circles under candles instead of labels to avoid overlapping.
🟦 Interactive Table showing pattern names and user-defined colors.
🎨 Customizable colors for each candlestick pattern from the settings menu.
🧩 Toggle each pattern independently using dedicated checkboxes.
🔔 Single professional alert condition that triggers only when any enabled pattern is detected.
📋 Fully compliant with TradingView's publishing policy:
No reused or built-in indicator code.
No duplicated logic or misleading titles.
Clean and modular design with full user customization.
Steph's Shadow Supply v2Detects HTF supply and demand zones by wick extremes, draws colored boxes that auto‑extend until broken (then dashed), and alerts on creation and price touches—no clutter, pure zone visuals.
(Based off of Steph's "Shadow" supply and demand strategy.)
SwingMaster Pro: High/Low & Midline VisualizerThis indicator identifies and plots the most recent swing highs and swing lows on your chart, drawing horizontal lines at these key levels. Additionally, it draws a customizable 50% midpoint line between the last high and low, helping you quickly gauge potential support/resistance zones and trend direction. All lines have customizable color, style, and thickness to suit your preferences.
Delta Volume Color CoderDelta Volume Color Coder - Smart Money Footprint Visualizer
OVERVIEW
The Delta Volume Color Coder is a clean, minimalist indicator that highlights candles with exceptional delta volume, helping you instantly identify where smart money is actively trading. Unlike complex volume indicators that clutter your chart, this tool simply colors candles when institutional-level volume appears, leaving your normal price action untouched.
WHAT IS DELTA VOLUME?
Delta volume represents the difference between buying and selling pressure within each candle. Positive delta indicates more aggressive buying, while negative delta shows stronger selling. When delta reaches extreme levels, it often signals institutional activity or significant market events.
KEY FEATURES
- Clean Chart Design - Only colors candles with significant delta volume
- No Chart Compression - Overlay indicator that doesn't distort price scales
- Smart Detection - Automatically calculates dynamic thresholds based on recent activity
- Customizable Thresholds - Adjust sensitivity to match your trading style
- Multiple Calculation Methods - Classic or Range-Based delta calculations
COLOR CODING (Default)
- White Candles - Extreme positive delta (massive institutional buying)
- Green Candles - High positive delta (strong buying pressure)
- Red Candles - High negative delta (strong selling pressure)
- Violet Candles - Extreme negative delta (massive institutional selling)
- Normal Candles - Unchanged (standard TradingView red/green)
HOW TO USE
1. Add to any chart - Works on all timeframes and instruments
2. Look for colored candles - These mark significant volume events
3. White/Violet candles often mark reversals or breakouts
4. Multiple colored candles in sequence indicate strong trends
5. Colored candles at support/resistance levels are especially significant
SETTINGS EXPLAINED
- Lookback Period (20) - Bars used to calculate average delta
- High Delta Threshold (1.5x) - Triggers green/red coloring
- Extreme Delta Threshold (2.5x) - Triggers white/violet coloring
- Delta Calculation - Classic (open/close) or Range Based (close position)
- Color Wicks - Option to color entire candle or just the body
- All colors fully customizable
TRADING APPLICATIONS
- Reversal Detection - White/violet candles often mark exhaustion points
- Breakout Confirmation - Colored candles on breakouts show conviction
- Support/Resistance - High delta at key levels indicates significance
- Trend Strength - Frequency of colored candles shows trend momentum
- Institutional Tracking - Extreme delta reveals where big players are active
BEST PRACTICES
- Lower timeframes (1-15m) - Use for scalping and day trading entries
- Higher timeframes (1H+) - Identify major accumulation/distribution
- Combine with price action - Most effective at key technical levels
- Watch for clusters - Multiple extreme candles = major event
- Volume confirmation - Extreme delta + high volume = highest significance
TIPS FOR SUCCESS
1. White candles after downtrends often mark bottoms
2. Violet candles after uptrends often mark tops
3. Consecutive colored candles confirm trend direction
4. Lack of colored candles = low volatility, potential breakout ahead
5. Extreme delta at round numbers indicates institutional interest
WHY THIS INDICATOR?
- Simple Yet Powerful - No complex analysis needed
- Instant Visual Feedback - See institutional activity at a glance
- Clean Charts - No overlays, lines, or clutter
- Real-Time Detection - Updates with each new candle
- Universal Application - Works on stocks, forex, crypto, futures
UNIQUE ADVANTAGES
Unlike traditional volume indicators that require separate panes or compress your chart, the Delta Volume Color Coder seamlessly integrates with your existing setup. It answers one simple question: "Where is the smart money trading RIGHT NOW?"
Perfect for traders who want institutional-level insights without the complexity. Just add to your chart and let the colors guide you to where the real action is happening.
Ultimate Scalping System - Dual ScriptUltimate scalping tool that has multiple different variables to show a long or shot based off my own system on the 5 minute candle chart
ICT Time Candles - AVTRADINGPRO📊 ICT Time Candles – AVTRADINGPRO
Multi-Timeframe Indicator for TradingView
🔹 Created by: Tony – AVTRADINGPRO
🔹 Version: Pine Script v5
🔹 License: Mozilla Public License 2.0
🎯 Indicator Purpose
This indicator displays higher timeframe (HTF) candles directly on your current chart, allowing traders to analyze market structure from multiple temporal perspectives. It also identifies Fair Value Gaps (FVG) and Volume Imbalances (VI) — essential tools in the ICT (Inner Circle Trader) methodology.
Developed by AVTRADINGPRO, this tool is designed to empower the community with a clear, multi-timeframe view of price action combined with precise imbalance detection.
🛠 Indicator Settings
🔸 Higher Timeframes (HTF)
Select up to 6 additional timeframes (e.g., 5m, 15m, 1H, 4H, 1D, 1W).
Toggle on/off each HTF as needed.
Control the maximum number of historical candles displayed for each timeframe.
🔸 Candle Style
Custom colors for bullish and bearish candles.
Adjustable candle body width, wick thickness, and spacing between candles.
🔸 Trace Lines
Plot lines for Open, Close, High, and Low levels of HTF candles.
Fully customizable line styles (solid, dashed, dotted, etc.).
Option to anchor the lines to the first or last timeframe selected.
🔸 Labels and Time Remaining
Display the timeframe name on the chart.
Show a countdown timer for the closing of the current HTF candle.
🔸 Imbalance Detection
Fair Value Gaps (FVG): Highlight unfilled liquidity zones.
Volume Imbalances (VI): Identify areas of high absorption and inefficient price movement.
Pro EMA Signal + Pivot"This indicator was created as a guide for consistent trading, primarily based on EMA lines. As long as price does not break below the EMA 55 or 100, positions can be held longer with good profit potential."
Let me know if you'd like it rewritten in a more formal or professional tone, or in a casual/trader-style tone.
LCCM 2025⚔️ Six-Finger Phantom Grip – Forex Strategy by Thầy Khắc Quí
Inspired by martial arts, this strategy uses six key "fingers" to enter precise, high-probability trades with minimal risk.
🖐️ The 6 Fingers:
1. Trend Direction – Follow the main trend (H4/D1).
2. Key Price Zones – Identify strong support/resistance or supply/demand zones.
3. Price Action Signals – Enter only with confirmation (pin bar, engulfing, etc.).
4. Lot Size & Risk Control – Smart position sizing; avoid overleveraging.
5. Perfect Timing – Patience to strike only at ideal setups.
6. Trader Psychology – Discipline, no FOMO, treat each trade like a martial arts move.
✅ Features:
No indicators, clean charts.
Focus on market structure and price behavior.
High emphasis on mindset and discipline.
Пробиття фракталівWe are given a Pine Script v6 indicator that detects breakouts of fractal levels.
The indicator has the following features:
1. It allows setting the fractal period (number of candles to the left and right) via an input.
2. It defines fractals based on the body (the higher and lower of the open and close) of the candles.
3. It identifies top and bottom fractals.
4. It plots the fractals on the chart with triangles (red for top, green for bottom).
5. It generates buy and sell signals when the current candle closes above the last top fractal or below the last bottom fractal, respectively.
However, the user has requested that the signal should only appear once and not repeat.
The current version of the script does not have a mechanism to avoid repeated signals. We will modify it to ensure:
- Each fractal (top or bottom) generates at most one signal (the first breakout after the fractal formation).
- Once a signal is generated for a fractal, that fractal is no longer considered for future signals.
We will introduce state variables to track:
- The most recent top and bottom fractals (we are already storing `lastTop` and `lastBottom`).
- Whether a signal has already been generated for the current active fractal.
Steps to modify:
1. We'll add two boolean flags: `topActive` and `bottomActive` to indicate if the stored fractal is active (i.e., no breakout has occurred yet).
2. We'll reset the active flag for a fractal when a breakout occurs and it generates a signal.
3. We'll also deactivate a fractal when a new fractal of the same type appears (without a breakout) because the new one replaces the old.
Additionally, we want to show the signal only on the first candle that closes above the top fractal or below the bottom fractal.
Let's restructure:
// State variables
var float lastTop = na
var float lastBottom = na
var bool topActive = false
var bool bottomActive = false
When a new top fractal is found:
lastTop := bodyHigh of the fractal candle
topActive := true
bottomActive := false (because a new top fractal invalidates the current bottom fractal? Actually, we can have both, but we want to track the most recent one? The problem: if we have a top fractal and then a bottom fractal without a breakout on the top, then we want to keep both? But note: the script currently stores the last top and last bottom independently. However, the breakout condition uses the last stored value regardless of when it was formed. We need to decide: do we want to track the last fractal of each type? And then each can be broken independently?
The requirement: the signal should be only one per fractal. So we can have:
- One breakout per top fractal and one per bottom fractal.
Therefore, we should store and track separately for top and bottom.
We can do:
When a top fractal forms:
lastTop := bodyHigh of that candle
topActive := true (meaning: this top fractal hasn't been broken yet)
Similarly, when a bottom fractal forms:
lastBottom := bodyLow of that candle
bottomActive := true
Then, when we get a breakout above lastTop and topActive is true, we generate a buy signal and set topActive to false (so we don't generate again for this fractal).
Similarly, for sell: breakout below lastBottom and bottomActive true -> generate sell and set bottomActive to false.
Also, note: if a new top fractal forms, we reset topActive to true (and store the new level) even if the previous top fractal wasn't broken. That means we are only interested in the most recent fractal?
This matches the current logic: we only store the last top and last bottom.
So we can change the storage:
if topFractal
lastTop := bodyHigh(len)
topActive := true
if bottomFractal
lastBottom := bodyLow(len)
bottomActive := true
Then, for signals:
buySignal = topActive and not na(lastTop) and close > lastTop
sellSignal = bottomActive and not na(lastBottom) and close < lastBottom
And after generating the signal, we deactivate:
if buySignal
topActive := false
if sellSignal
bottomActive := false
But note: what if we get a top fractal and then a bottom fractal? Then the topActive would still be active? We might want to deactivate the topActive when a new bottom fractal forms? Actually, no. We can have both active at the same time? But that might lead to conflicting signals? However, the market can break the top fractal and then the bottom fractal independently.
However, the current script stores both lastTop and lastBottom independently. So we can have both active.
But also, if a new top fractal forms, we want to reset the topActive and set a new level, and similarly for bottom.
We do not deactivate the other type when one forms.
So:
if topFractal
lastTop := bodyHigh(len)
topActive := true // reset even if there was a previous top? Yes, because we are now interested in the new top.
if bottomFractal
lastBottom := bodyLow(len)
bottomActive := true
Then the conditions:
buySignal = topActive and close > lastTop
sellSignal = bottomActive and close < lastBottom
And after generating the signal, we set the active flag to false.
However, note: if we get a top fractal and then a new top fractal without a breakout, we reset the lastTop and set topActive to true again. So the previous top is forgotten.
This is consistent.
We also need to handle the case where there is no fractal at all? Then lastTop and lastBottom remain at previous values? But we are storing them until a new one. However, we set topActive only when a new top fractal appears. So if there was a top fractal and then no new top fractal, then topActive remains true until a breakout? But what if the breakout never happens? Then it will remain active forever? That might be acceptable because the condition will trigger when the breakout eventually happens.
However, we might want to deactivate if a new fractal of the opposite type appears? Actually, no. We can have both active.
But note: the script currently stores the last top and last bottom independently, and they are not reset by the opposite type. So we can have both active at the same time.
Now, the problem of multiple signals: we are setting topActive to false after the breakout, so the same fractal won't generate again.
Also, we want to show the signal only once per fractal.
Therefore, we can change the script accordingly.
Let's rewrite the storage and active flags:
We'll change the variable declarations:
var float lastTop = na
var float lastBottom = na
var bool topActive = false
var bool bottomActive = false
Then update:
if topFractal
lastTop := bodyHigh(len)
topActive := true
if bottomFractal
lastBottom := bodyLow(len)
bottomActive := true
Then the signals:
buySignal = topActive and close > lastTop
sellSignal = bottomActive and close < lastBottom
Then after generating the signal, deactivate:
if buySignal
topActive := false
if sellSignal
bottomActive := false
But note: what if both conditions happen on the same bar? Then we would generate both signals? That might be acceptable, but it's rare.
Also, we must note: the fractal detection is offset by `len` bars. But the signal is generated on the current bar.
Now, we must also consider: the stored `lastTop` and `lastBottom` might be from a long time ago. We are only deactivating when a breakout occurs. But if a new top fractal forms, we reset the `lastTop` and set `topActive` to true, so the old level is replaced.
This is the desired behavior.
Let's update the script accordingly.
Also, we will change the plotshape for signals to only plot when the signal condition is true.
However, note: the original script does not have the active flags. We are adding them.
We also need to initialize the active flags as false.
We'll keep the fractal plots as they are.
Let's write the corrected script:
Note: We are using the fractal detection at offset `len` (which is the center of the fractal pattern). The fractal is detected `len` bars ago.
The `lastTop` is set to the bodyHigh of the fractal bar (which is `len` bars ago). But when we check the condition, we are comparing the current close to that old level? Yes.
But note: the fractal might be several bars old. We are storing the last top fractal regardless of when it occurred.
This is acceptable.
Hybrid Heikin Ashi OverlayHybrid Heikin Ashi Overlay
I personally like Heikin Ashi for its simplicity in showing clean trends. However, it tends to smooth out price action so much that we sometimes miss key signals from the actual candles.
This indicator overlays Heikin Ashi-style background colors while keeping regular candles intact — giving you the best of both worlds:
• Smoother trend visibility
• No loss of execution precision
• Customizable colors & transparency
🔹 No repainting
🔹 No strategy logic — purely visual
🔹 Designed to reduce clutter and help traders stay focused on structure
Created by: @yug_and_her
2-Way Moon Phase Strategy (Buy Full/New, Sell Opposite)costumised strategy to use moon phases. It uses the moon pahees to let you know where they are so that you know whther to buy or to sell. It seems to work for back testing, use at your own discretion please, and thanks!
Bearish RSI + 2 Bullish Candles - Colored REV LabelsDetects a reversal pattern: bearish candle with RSI ≤ 30, followed by two consecutive bullish candles.
Prints a REV label with:
Green by default
Red if two labels appear within 20 bars, and the second label is higher than the first
Yellow if two labels appear within 20 bars, and the second label is lower than the first
RSI 29/71 Signals – overlayRSI-based overlay that flashes BUY when the 14-period RSI crosses below 29 and SELL when it crosses above 71. Works on any symbol or timeframe, lets you tweak RSI length/levels, optionally tints bars, and comes with ready-to-use alert conditions.