Tweezer top and bottom, also known as tweezers, are reversal candlestick patterns that signal a potential change in the price direction. Both formations consist of two candles that occur at the end of a trend, which is in its dying stages. The tweezer bottom candlestick pattern is a bullish reversal pattern that can be spotted at the bottom of a downtrend. It...
In this indicator I have transformed the %K line into adjustable candles. Because of this I have increased the length of the %D line to be more useful in this context. It is worth noting that you get the same momentum indication as %D set to 4 just because of the default candle transform setting. Incase you need to brush up on how stoch works here is the built in...
Hammer and Shooting Star This indicator identifies Hammer and Shooting Star candles and marks them with a respective label. It uses a set of predefined fibonacci levels to measure the size of the body in comparison to the overall size of the candle. You can change the fibonacci level according to your preferences. You can enable a confirmation of the Hammer or...
It is the most customizable Pinbars indicator that you can find. The indicator autonomously detects the Pinbars to which filters can be placed. The available adjustments are: - The spread of the Pinbars - The wick and the body ratio of the Pinbars - The volume of the Pinbars - Number of the previous candles that the Pinbars hunted Happy trading! ~ Birdcoin
RF+ Replay for Heikin Ashi RF+ Replay for Heikin Ashi generates fully customisable Heikin Ashi candlesticks presented on a standard chart, enabling traders to utilise the Tradingview Replay feature with Heikin Ashi candlesticks when analysing and backtesting HA style strategies. The features of this indicator include: - Fully customisable Heikin Ashi...
ZigZag+ (Macro + Internal Structure Tool) ZigZag+ is a simple tool that helps traders to clearly identify and differentiate between macro and internal market structure, to help you keep your bearings of where you are currently in the overall picture. It is especially difficult to keep your bearings within the larger structural trend when trading the lower...
++>>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 Indicator shows a wick-off check pattern applied to a moving average. This pattern appears when a candle opens below the moving average and closes above it, or when it opens above a moving average and closes below it. This causes a wick to go through the moving average: a wick-off check moving average. █ Usages: This indicator detects small...
This script utilises the RSI and EMA indicators to enter and close the trade. The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The RSI is displayed as an oscillator (a line...
All candlestick pattern based on "Japanese candlestick charting techniques". Currently Supported List of Candlestick Patterns : Hammer Hanging Man Inverted Hammer Shooting Star Morning Star Evening Star Bullish Engulfing Bearish Engulfing Important Points: 1. You can create alert for all patterns. 2. You can modify multiplier(Length Of...
This script is the combination of RSI and Engulfing Pattern How it works 1. when RSI > 70 and form the bullish engulfing pattern . it gives sell signal 2. when RSI < 30 and form the bearish engulfing pattern . it gives buy signal settings: basic setting for RSI has been enabled in the script to set the levels accordingly to your trades
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 script paints bars in different colors based on whether they are trending up or down. It shows you if a candle is bearish or bullish based on the high and low of the previous candle. Bull candles form higher highs (HH) and higher lows (HL) from the previous candle and are painted green. Bear candles form lower highs (LH) and lower lows (LL) from the...
Buying and selling pressure is a volatility indicator which denotes the balance between buyers and sellers inside candlestick. You set the length to average it just like ATR. But This offers further break down of participants of the market. Pretty much at any condition of the market the indicator can filter out interesting details to make trading decisions...
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 minimalism focused indicator was designed specifically to highlight doji candles (gravestone, long-legged, and dragonfly) that generally signal indecision/neutrality within price structure to improve trading accessibility for the disabled/visually impaired, visual charting cues or pattern visibility, and educational/learning purposes. HOW TO USE...
Regression Candles by ugurvu Regression Channel by Tradingview All Candlestick Patterns By Tradingview This script was combined for a friend of mine who needed this. This Script has regression candles by ugurvu, Regression channel and Candlestick patterns by tradingview. The intention was to fuse these together so more information can be processed on the cost of...
Liquidity engulfing candles (LEC) are a variant of a common candlestick pattern: engulfing candles but with a couple extra conditions applied. These conditions expect highs/lows to be taken out in order to show a continuation or reversal signal. Filter 1: Stop Hunt Wick Filter This filter requires the candle to wick into the prior candles high or low ( bullish =...