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Failed 2s - The Strat

Description:
This indicator detects and highlights "Failed 2" candlestick patterns from The Strat methodology — key price action setups signaling potential reversals or continuation points. It automatically identifies Failed 2 Down (Failed 2D) and Failed 2 Up (Failed 2U) signals by analyzing two consecutive bars, with special attention to price interaction at the 50% midpoint of the previous candle.
Visuals:
- Green upward triangles mark Failed 2 Down signals (bullish setups).
- Red downward triangles mark Failed 2 Up signals (bearish setups).
- Special signals that touch the 50% midpoint of the previous candle are emphasized but use the same shapes.
Alerts:
Built-in alert conditions let you receive notifications when these patterns occur, so you never miss a trade opportunity.
How to Use ALERTS in TradingView
- Paste this code into Pine Editor on TradingView.
- Click Add to Chart.
Set alerts:
- Click "Alerts" → "Condition" = your indicator name
- Choose the alert type (e.g. "Failed 2D Bar Alert")
- Set "Once per bar close"
- Customize the notification method (pop-up, app, email, etc.)
This indicator detects and highlights "Failed 2" candlestick patterns from The Strat methodology — key price action setups signaling potential reversals or continuation points. It automatically identifies Failed 2 Down (Failed 2D) and Failed 2 Up (Failed 2U) signals by analyzing two consecutive bars, with special attention to price interaction at the 50% midpoint of the previous candle.
Visuals:
- Green upward triangles mark Failed 2 Down signals (bullish setups).
- Red downward triangles mark Failed 2 Up signals (bearish setups).
- Special signals that touch the 50% midpoint of the previous candle are emphasized but use the same shapes.
Alerts:
Built-in alert conditions let you receive notifications when these patterns occur, so you never miss a trade opportunity.
How to Use ALERTS in TradingView
- Paste this code into Pine Editor on TradingView.
- Click Add to Chart.
Set alerts:
- Click "Alerts" → "Condition" = your indicator name
- Choose the alert type (e.g. "Failed 2D Bar Alert")
- Set "Once per bar close"
- Customize the notification method (pop-up, app, email, etc.)
保護スクリプト
このスクリプトのソースコードは非公開で投稿されています。 無料かつ制限なしでご利用いただけます ― 詳細についてはこちらをご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
保護スクリプト
このスクリプトのソースコードは非公開で投稿されています。 無料かつ制限なしでご利用いただけます ― 詳細についてはこちらをご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。