This is an "indicator" that takes the candle's size and multiply it by the current volume, so now the candle size is affected by how much volume is being traded.
Here we assume that the volume traded is essential, and now it kinda have a weight on how the price acts. So "dead-volume" areas will be almost inexpressive in the chart, while the areas with huge volume...
I'm just converting the IB and 5 ema trading strategy of Power Of Stocks YouTube Channel run by Mr Subashish Pani into Pinescript
These are very simple and easy to follow intraday strategy. Best works in 15min TF
I've added the R:R ratio price line so that it's easy to place the order in the terminal.
#POWEROFSTOCKS
This study is a functional enhancement to conventionally used Ichimoku Clouds . It uses particular effective adaptive parameters (Relative Volume Strength Index (MZ RVSI ), Volatility and Chikou Backward Trend Filter) to adapt dynamic lengths for Kijun-sen, Tenkan-sen, Senkou-span and Chikou .
This study uses complete available Ichimoku...
I decided to change the type of charts for myself. Liked this one. When you add this script, the chart may slow down on a long history. Since this is my first script, I don't know how to make it easier.
A dot indicates a close, bars are displayed from high to low.
Black - inside bar
Blue outer bar
Green - high and low higher than the previous one
Red - high and...
// How it Works \\
Order Blocks based on pivot reversal candle
When a pivot High or Pivot Low is found and confirmed, a box will be plotted on the open and close values of that pivot candle
// Settings \\
In the settings you have the ability to change the distances required to confirm an pivot High or Low
These are the lengths where the script checks to see if it...
It will work on Bank Nifty future only with 2 min time frame. GO Long above candle if the lower wick is more than 50 points and go short below the candle if upper wick is more than 50 points. It will work better with price action.(demand and supply zone)
This super indicator is a Swiss army knife for Smart Money traders for OrderBlocks / FVG / BoS
It provides many options for drawing (non-repainting) boxes for OrderBlocks, Fair Value Gaps (FVG) and Break of Structures. The boxes are extended into the future, until the first retest/mitigation.
Some of the additional options (not explained in the diagrams above)
...
Hello traders,
This indicator was primarily designed to show the dominating influence of the underlying spot asset while trading perpetual futures, specifically on Binance.
IMPORTANT: In order for this indicator to work properly/accurately you must be observing a Binance Perpetual future chart. The indicator detects which perpetual future symbol you're observing...
It gauges speed between 2 moving averages and gives red and dark green color accordingly, if shorter term MA speed of moving is higher then longer term then this will reflect dark green color while red on vice versa.
Hello!
This script uses TradingView's *All Candlestick Patterns* indicator and includes a volume filter.
The frequency of each candlestick pattern is recorded in addition to the subsequent session's outcome - higher or lower close.
The requisite volume for the pattern is configurable; formations will not be distinguished when volume is less than the defined...
A candle chart that indicates congestion or resistance by the color of each candle.
The transparency of each candle is based on volume density.
Volume density is calculated as follows.
Volume density = Volume / Price range
Price range uses true range "max(high - low, abs(high - close ), abs(low - close ))".
Since volume density varies drastically by stock or...
This indicator finds trend following engulfings, and draws order blocks based on the 1st candle's range (the first candle of the engulfing pattern).
It does filter the trend with simple moving averages of 21 and 55 periods, but it doesn't filter for retracements in the trend (you should consider only the order blocks that are coming from engulfings after a retracement)
Just what it says plebiscites..... This indicator can't tell you whether you'll find true love, but it can tell you which candles are fatter.
This is CryptoFilio, your dark knight in the crypto light, shining my infinite wisdom down upon the undeserving masses.
Everything here is adjustable, not like your real candle. So you can decide what size of candle...
This indicator tries to measure the power of candle.
You can also integrate some candles to measure the power. The “Length” is for integrating candles. If the Length is equal 5, it means indicator calculate power of recent 5 candles.
The second editable factor in “Shadow index” which represent the power of shadows.
The last factor in Average Criteria which is...
Price deduction annotation with 20, 60 and 120. This indicator is very useful for prediction of the future trend with the help of the simple moving average line, i.e. the SMA.
![EURUSD: [jT] Real Candles](https://s3.tradingview.com/l/LJn6RG9r_mid.png "[jT] Real Candles")
![BTCUSDTPERP: Spot [Moto]](https://s3.tradingview.com/8/8UfwW51j_mid.png "Spot [Moto]")
![SPY: Volume Filtered *All Candlestick Patterns* [KT]](https://s3.tradingview.com/s/s9ghsBeB_mid.png "Volume Filtered *All Candlestick Patterns* [KT]")
