This indicator will mark 5 different candlestick patterns: (1) bullish & bearish engulfing (2) hammer & shooting star doji (3) dragonfly & gravestone doji (4) morning & evening star doji (5) bottom & top tweezer You may follow candlestick trading strategy by Rayner Teo here
This indicator uses trend term for calculation BUY and SELL signals in real-time in any time frames. We have 1 trend EMA. All stop-losses under or above her.
Use in conjuction with the Scalper . Configure both with the same properties to verify.
This is a visual study to hilight the change is candlestick by percentage. the percentages are calculated by the duration of the momentum. This study is not designed for automated trading. The triangles show buys/sells on the basis of momentum . Buys occur below momentum, while sells occur above. Percentages are shown in red if closing less then opening or ...
HI BIG PLAYERS AROUND THE WORLD, this script allow to draw automatically lines of Wolfe Wave pattern. Parallel to the automatic drawing, the indicator can give signals as soon as the 5 point of the Wolfe wave is immediately reached or has been reached. This allows the indicator WolfeWaves_ULTRA V2 to give early signals. In the default settings, the signals...
The script uses high/low/higher high/lower low for Support and Resistance identification but takes into account only pivots with wick making low/high opposite to candle body. Such candles point to hard market swings into during candle timeframe. Price usually come bake to such levels and make double top/bottom, divergences on different osc or starts a new trend if...
display the intraday trading period (08:30 - 15:00) on chart with high transparent white background. you can edit the time period by yourself in the pine editor mode.
Was playing around and I've had this idea: most of day traders looking for catching price swings and sometimes they forgot about risk, so I was keeping focus not on price swings but on risk-momentum: the idea was to catch daily moments when the risk was minimum and this is the result. There are some rules to use it correctly 1. Use it on lower timeframe (1M to...
Simple indicator to color the background of a certain number of bars back.
This is a simple script that will visually show where buy and sell points occur based upon configurable price action. I wrote this purposefully to evaluate stablecoins and other narrow or fixed ranged markets where algorythms don't generally do well. Putple triangles, pointing up, are buy signals. Purple triangles, pointing down are sell signals Alert...
This is simple script to mark when higher high (or lower low) is made on continuously third day. There likelihood of short term reversal next day. As usual, it is just likelihood and not certainty.
I didn't find a study for Inside bar as I wanted. Therefore I wrote a one with PineV4. This may help you to see inside bars. It can recalculate and works with either (opens-closes) or (highs-lows) Cheers! :)
This is a simple script to aid with determining position size. Inputs are the intended entry price, desired risk (expressed as % of account at risk), account value, and leverage factor. To use the script; 1. Identify and update the entry price (yellow line on the chart) 2. Update with desired risk 3. Update with account size 4. Adjust the leverage value until...
HI BIG PLAYER AROUND THE WORLD, here is my new creation of modified RSI Indikator. In order to the RSIEW Version 1 (look below this text) I build a thermal rainbow chart that shows the spectrum with all overbought and oversell phases. The colour spectrum can be compared with a thermal imaging camera. In one hand, the hottest candles (going into red) show the...