This indicator is everything you need to do Price Action Trading. It provides signals about: Inside Bars Pin Bars Fakey Pin Bars (background color red or green for bearish or bullish fakeys)
My first script to identify pin bars with a predefined rules, any feedbacks are welcome. Rules Bullish Candle 1. Body of the candle should be above the 50% of the day's price range AND 2. Either the open or the close should be above the 30% of the day's price range if both the above conditions are met then a bullish arrow is produced with "B". ...
This study draws a trend line for the last two Bill Williams up-fractals and down-fractals. Trend line break signals and alerts can optionally be added.
Description: ============= This indicator plots MAs and paints Triggered Alert Arrows base on Flying Buddha candle patterns. The “Flying Buddha” Pattern is defined as: --------------------------------------------- A candlestick chart with two moving averages: the 5 period exponential moving average (fast EMA) and the 10 period simple moving average (slow SMA),...
This indicator allows you to filter noisy pin bar chart, with pin bars which have been rejected from dynamic support/resistance level also named as 21 Moving Average. I would consider to work only on higher time frames like 1H and higher, so you really can find only best entries. Have fun, write your feedback in the comments section:) P.S This is the first...
Pin Bar is one of the most important candlestick patterns. Almost every time you see a pin bar, you can expect the price to turn in the opposite direction. You should pay more attention to the abnormal ones among the pin bars. What I mean by abnormal pin bar is that the long leg is at least 3 times larger than the body. With this indicator, you can set your own...
The indicator identify real pin bar candle (the shadow must be 2x the body)
For Binary Option. 3min Pin Bar Strategy. With Alert.
Hello everyone, this is a simple script for determining a qualified Pinbar (1) Indicator introduction This indicator can combine multiple K-lines and determine whether the combined K-line is a qualified Pinbar Supports the calculation of Pinbar strength and filters out undesirable Pinbars by a minimum threshold (2) Parameter introduction - Pinbar...
The strategy finds the nearest pinbar pattern and opens a position (long or short). You choose your take profit and stop loss multiplier. Take Profit - X times the pinbar size from it's highest point. Stop loss - X times the pinbar size from it's lowest point. You can find more detailed screenshots and the source-code on my github page: ...
This indicator was specifically built to be used for trading the Scalpius Trading System promoted by @scottphillipstrading. Additionally I've added Daily and Weekly Highs, Lows and Central Pivot lines The central indicators used in the Scalpius trading system which are included here are: The Bollinger Band, chart plotting of Pin Bars (Hammers & Shooting Stars) and...
This is a Pinbar Monitor which design for Chinese. 这是一个Pinbar识别器。 本脚本的目的在于帮助使用中文的人了解该指标,特别是其用法。同时将该指标代码添加完整的中文注释,方便使用中文的人学习Pine语言。 Pinbar概念来自于Price Action,基本类似于国内K线分析中的十字星,锤子线。该指标的主要功用在于帮助识别盘面出现的Pinbar,分为牛市Pinbar和熊市Pinbar。 对Pinbar的量化定义 熊市Pinbar 1 前一根K线,必须为阳线; 2 K线实体必须小于前一根K线; 3 下影线高度至少大于0.5倍实体高度; 4 上影线高度至少是2倍实体高度。 牛市Pinbar 1 前一根K线,必须为阴线; 2 K线实体必须小于前一根K线; 3...