Inside bar trading strategy is has success rate of over 50% on daily time frame, and is considered a good strategy to make money on both the sides. I have created an indicator to identify Inside bras and draw target levels on both the sides. Traders can easily convert it into a strategy and checkout the success rate.
This script is written to identify InsideBar...
The "ATR Pivots" script is a technical analysis tool designed to help traders identify key levels of support and resistance on a chart. The indicator uses various metrics such as the Average True Range (ATR), Daily True Range ( DTR ), Daily True Range Percentage (DTR%), Average Daily Range (ADR), Previous Day High ( PDH ), and Previous Day Low ( PDL ) to provide a...
What this Indicator Does
This indicator is a very simple tool created specifically for experienced Straters. It was created for those Straters who fully understand the 1-2-3 Strat Scenarios, are in need of an easy to use tool, and do not want or need a lot of messy markings on their chart.
The indicator simply allows the user to color code the Strat 1, 2 ,3...
++>>This script allows you the inside bar candle and the cnadle is shown in white.
The range of the mother candle is identified and tracked until it breaks.
Once the first range is over ridden then the next similar pattern will be occured and the tracking will be done for the mother candle latest occurrence.
It also has the alert mechanism where you can go and...
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously.
Our 10th one we are automating is the " 75% Win Rate High Profit Inside Bar...
This indicator finds candlesticks which are confined within the range of a previous candlestick. This indicates volatility contraction which often leads to volatility expansion, i.e. large price movements.
While every confined range will contain at least 1 inside bar, this indicator differs from the Inside Bar Finder which only finds consecutive inside...
This simple script provides a visual aid for price action traders by coloring outside & inside candles, which in effect leaves the trader with 6 possible candle colors:
-Regular bullish candle
-Outside bullish candle
-Inside bullish candle
-Regular bearish candle
-Outside bearish candle
-Inside bearish candle
These candlesticks may provide powerful signals when...
Inside Bar have at least 2 candles.
They include one mother candle and multiple child candles. Mother candle will cover whole child candles ( child candles have high and low within mother candle)
This script will highlight Inside Bars
How to use :
When we analyze market structure, we can combine mother candle and children candles and see them as a...
- This script plots Inside Bar for given day in selected time-frame (applicable only for Timeframes < Day)
- Basis plotted inside bar, relevant targets are marked on the chart
- Targets can be customised from script settings. Example, if range of mother candle is 10 points, then T1 is 10 * x above/below mother candle and T2 is 10 * y above/below...
PopGun Bar Pattern Strategy
The indicator does the following:
It detects the Outside Bar, the smaller inside Bar and the 3rd Pop Gun that is bigger, than the inside Bar.
When the Pop Gun was detected, the indicator will calculate 3 targets for long and short trades.
In our understanding, a Pop Gun is neutral. The next candles after the Pop Gun will...
In this indicator i merged a few genius indicators into a single one that is usefull for SMC traders.
Right now there are the following included:
- NiGapo Notes/Reminder
- Inside Bar
- No Gaps Candles
- AG FX Watermark
Inside bars occur when the range of a candlestick falls entirely within the previous candlestick's range. This indicates volatility contraction which often leads to volatility expansion, i.e. large price movements.
This indicator includes options such as:
- The number of consecutive inside bars required to trigger the indicator
- Signal lines to indicate the high...
This indicator colors the candle body based on whether it closed as an Inside Bar (IB) or an Outside Bar (OB).
Inside and outside bars can be powerful triggers to enter or exit trades from, when price breaks above or below the candle.
The coloring of only the body and not the border of the candle makes it possible to still know whether the candle was...
The name Candilator comes from blending the words "candlestick" and "oscillator". And as the name suggests, this indicator is a good old RSI plotted as a candlestick chart. To produce a candlestick chart, Candilator RSI calculates four RSI's based on the open, high, low, and close time series. It also has a candlestick patterns detection feature.
I would like to present you Compression support&resistance script. The idea behind is to look for areas of price compression(inside bar candles). Basically the S/R lines are created after three candles that are formed in certain pattern and volume conditions. First candle of pattern is usually the most volatile and fist inside bar after volatile...
SMAs and Inside Bar strategy is very common as far as Technical analysis is concern. This script is a combination of 10-20-50-200 SMA and Inside Bar Candle Identification.
4 SMAs (10, 20, 50 & 200) are combined here in one single indicator.
Crossover signal for Buy as "B" will be shown in the chart if SMA 10 is above 20 & 50 and SMA 20 is...
This script automatically draws rectangles around bars inside IB pattern.
Note :: because Pinescript does not allow changes to already drawn charts on historical bars, checkbox "show only last box" doesn't work for arrows
Narrow Range (NR) trading strategy is a breakout-based method that assumes that the price of security trends up or down after a brief consolidation in a narrow range. This indicator can plot:
1. Narrow Range (NR) 4, 7, and 21
2. Narrow Range (NR) 4, 7, and 21 + Inside Bars (IB)
NR 4/NR 7/NR 21 day acts as a confirming factor on where the price will move further....