█ Overview Breakout Probability is a valuable indicator that calculates the probability of a new high or low and displays it as a level with its percentage. The probability of a new high and low is backtested, and the results are shown in a table— a simple way to understand the next candle's likelihood of a new high or low. In addition, the indicator displays...
A simple indicator that marks FULL CANDLE engulfing candles... current high > previous high current low < previous low bullish: close > open (triangle below) bearish: close < open (triangle above) A lot of the engulfing indicators available are body only. I created a FULL CANDLE indicator because that's what I prefer using. Can be useful for...
3 line strike - Basic chart pattern identification (Script code is now open to anyone to view) -Plots on the chart for you (the visual experience is their for the end user. They can see ‘why’ item plotted) i.e; patterns identified Bullish Why = Green candle + Green candle + Green candle + Red candle Bearish Why = Red candle + Red candle + Red candle + Green...
Identify bullish kicker candles on the chart. A bullish kicker candle occurs when the opening price is above the body of the previous candle. The previous candle must close lower than the open to qualify. Indicator Settings You can chose which shape and color to plot when a kicker candle occurs, as well as placement above, below or in a separate pane....
Here is something like a combo from the well known Rob Hoffman (Overlay) Indicator and the Inventory Retracement Bar without any ballast This really smart strategy with a low risk and a quick profit. I combine this two Indicators to save space. The first condition is that the orange line and the lime line must be parallel and there is no other line between them...
This script was designed to work and feel like the built in RSI script but with a lot of added feature that traders might enjoy. You get to see the RSI represented as candle sticks OR Heikin Ashi. I have added in Connors RSI as a bonus so you can see what this lesser used study looks like in candle form. Just like in the original script I have moving averages and...
The candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles. The scale is relative to price fluctuation and the size of the candles for the particular ticker / market, so there are no significant levels. A cross on the zero line would generally indicate a change in trend / sentiment. This indicator...
This script is based on the Secret of Pivot Boss book by Frank Ochoa. Suitable for Intraday Trading. You can view the Daily timeframe CPR / support/resistance. You can view the Weekly timeframe CPR / support/resistance. You can view the Monthly timeframe CPR / support/resistance. You can also view Previous Day High/Low. You can also view Previous Week...
Shows a triangle above candles that satisfy a desired body size (%). The default body size is 85%. Lowering or increasing the precentage significantly affects to precision. I do not recommend lowering the default value.
This script uses basic Rally Base Rally, Rally Base Drop, Drop Base Drop, and Drop Base Rally concepts to draw supply and demand zones. While the script is designed to account for multiple (up to 5) candles in the "base" phase, the box it will draw will only be the high and low of the last candle before the final Rally/Drop candle.
Calculatest the strength of Green and Red candles . Should be used with other indicators
A simple script for analyzing two types of reversal candles. HHLC and LLHC reversal candles. HHLC If a candle has a higher high and a lower close than the previous candle, it is marked with a red HHLC downward pointing arrow. LLHC If a candle has a lower low and a higher close than the previous candle, it is marked with a green LLHC upward pointing...
This indicator is a spin-off of the popular TMA Overlay indicator made by request of the original author that narrows down the scope to simply identifying a couple of key candlestick patterns - Engulfing candles and 3 Line Strikes. In addition to being a far more tailored and purpose-specific indicator, we have also update the indicator code to the latest version...
Highlights orderblocks based on fractal market structure. Whenever a new fractal high/low is created, it will search for the Orderblock and plot lines and labels Options: 1. Select 3/5 bar fractal 2. Plot lines and labels on OB's - Ability to filter OB only when a candle is fully engulfed 3. Change bar color of engulfed candles 4. Option to filter OB that...
BINANCE:BTCUSDTPERP This indicator can show stochastic RSI K and D line crosses and some candlestick patterns on chart. You can use this indicator to scalping, check usage for more info. Always backtest before trading with your real money. This indicator will also help mobile TradingView users to get an idea when getting stochastic RSI signals, they can use...
This indicator highlights imbalanced PVSRA candles that have not been recovered. Bullish Candles/Zones 200% Volume = Green 150% Volume = Blue Bearish Candles/Zones 200% Volume = Red 150% Volume = Fuchsia Imbalanced Zones with normal/below 150% Average 10ema volume can be displayed or hidden from view (Hidden by default)
I have always fighted to understand the market direction because it looks different on different timeframes. I wanted an indicator where I can see all the different timeframes at once. This indicator shows the Heiken Ashi candle colors for different time frames at once. Use it on the 5 Minute timeframe. 4 colors: dark green: bullis green HA candle with no low...
"Extreme Bars" is a simple but useful indicator that marks overbought and oversold candles. This indicator paints candles that fall far above the average red, and the candles that rise above the average green. Of course, they can change these colors if they want. "Extreme Bars" can be interpreted in many different ways. The starting points of colored candles can...