Candlestick analysis

eduardogarufi Atualizado 

This is the Averan Zig Zag, that uses the volatility concept of Averan (created by Eduardo Garufi) to identify key higs and low on the market. The indicator measures the volatility in percentage chance in order to comply with different timeframes. The default configuration values are indeed the one used by Eduardo Garufi in the Grid System.

DoctaBot Atualizado 

This is a visual representation of the alerts built into the Vib Scanner Table (right side of main panel) and Vib Scanner Labels (bottom most panel) that are based on Mr. A's TrueVibration (other lower panel). Instead of a table or scanner labels, this indicator will print labels direction under/over candles identifying where the scanners will trigger alert, but...

DoctaBot Atualizado 

Vib Scanner Labels (bottom most panel) is an alternate option for the Vib Scanner Table (seen on right side of main chart area). Instead of a table that only sends alerts on bar close, this will print labels identifying any asset that is meeting the chosen alert criteria IN REAL TIME, though the alerts will still only trigger on bar close. It can be useful if you...

pompiht Atualizado 

Change the colors of the indicator to contrast your chart! Make sure to also change the transparency for the colors. --- This indicator finds fair value gaps which are inefficiencies in price delivery. Gaps can be used for entry or even bias. I've included midpoints, lines, and boxes. Boxes have the greatest range with respect to historic PA so keep that in mind....

trademaxmekker Atualizado 

Calculated Average Candle Range for Igor Sessions. Resets average at these time UTC: 00:00, 06:00, 12:00, 20:00.

PtGambler Atualizado 

Mainly developed for AMEX:SPY trading on 1 min chart. But feel free to try on other tickers. Basic idea of this strategy is to look for 3 candle reversal pattern within trending market structure. The 3 candle reversal pattern consist of 3 consecutive bullish or bearish candles, followed by an engulfing candle in the opposite direction. This pattern usually...

arndav Atualizado 

This Indicator is based on Mr. Dan Valcu ideas. Bodies of candles(open-close) are the main component used to indicate and assess trend direction, strength, and reversals. The indicator measures difference between Heikin Ashi close and open. Measuring the height of candle bodies leads to extreme values that point to trend slowdowns. Thus quantifies Heikin Ashi to...

rasimandiran Atualizado 

Long Position Rules: RED -> GREEN, Green close > previous red high, Green candle volume > previous red candle volume or RED -> GREEN -> GREEN First green close < previous red high, Second green close > previous red high, Second green candle volume > previous red candle volume or RED -> GREEN -> GREEN -> GREEN First green close < previous...

slmgtv1

script name: show bottom For left traders, how to accurately find the bottom is very important, and there are various methods, among which the bottom type is a common and convenient method. This script shows where the bottom is formed and when the bottom is broken. Although the definition of the bottom type is very simple: after processing the inclusion...

LonesomeTheBlue Wizard Atualizado 

Hello All, For long time I got many request for Renko Candles and now here it's, Renko Candles Overlay . I tried to make almost everything optional, so you can play with the options as you want. Let see the options: Method: the option for brick scaling method: ATR, ATR/2, ATR/4, Percent, Traditional - ATR Period: period for Average True Range and it's...

MufasaOG

Custom candles which only didsplay highs and lows. Color depends on relative position of highs and lows and indicates whether it is going up, down or indecision based on this relative position. Made specially for superchiqui :P

scantor516

This script simply displays bar colors corresponding to the SMI Ergodic Indicator. It does not display the oscillator or indicator itself. I prefer not to crowd my display with too many oscillators - others may find this script useful as well. Used in conjunction with other indicators, the SMII can give early reversal signals. Thanks to the TV community.

ForexBee Atualizado 

OVERVIEW The supply and demand zone indicator shows real-time supply and demand zones on the chart. It also plots a table including the high and low values of the zones. The last row of the table also shows the daily trend in the market. CONCEPTS What is Supply & Demand? Supply and Demand represent the two most powerful forces of the forex market. Demand...

NorthStarDayTrading Atualizado 

This indicator places a table on the bottom of the chart where each section changes color based on settings in each individual indicator. It provides a way to quickly glance at the chart and see the overall direction of the market with the combination of indicators. All settings for each individual indicator are editable, so you can customize them to your unique...

NorthStarDayTrading Atualizado 

This script finds wicks that are longer than the candle body and marks them as potential trading zones to be revisited. Lines, shading, and lookback can all be modified. Full credit for original code goes to @Squam_Gobaloochee. We updated to Pinescript V5 and cleaned up code. We reached out to original for permission to repost publicly and open source.

derMatzeImNetz Atualizado 

The IBS (Internal Bar Strength) as we know it, calculates only correctly on the long side. When the candle closes in loss, the original IBS still uses the upper wick. This IBS checks first if its an up or down candle and then uses the top or bottom wick to calculate the IBS. The yellow line is the corrected IBS, the blue line the original

ClassicScott Atualizado 

Fun name for an indicator, eh? Well, it is true, I think; they look like magic carpets. They're actually pretty simple actually. They're Keltner Channels smoothed with a moving average. If you go down to the lookback period for the bands and set it to 1, you'll recognize them immediately. Digging a bit deeper you see there are four magic carpets on the chart. The...

GreatBlueTradingTeam Atualizado 

This script reviews previous candle volatility and price action relative the time period chosen and creates pivots/levels/prices to watch for on each candle. This indicator can be run on any time period, but it was meant for longer intraday periods such as the 30m or 1 hour. The entry points are meant to only be valid on the candle in which they are created, once...