The Reversal Candlestick Structure indicator detects multiple candlestick patterns occurring when trends are most likely to experience a reversal in real-time. The reversal detection method includes various settings allowing users to adjust the reversal detection algorithm more precisely. A dashboard showing the percentage of patterns detected as reversals is...
🚀 Unleash your charting capabilities with the Candlestick Reversal and Trend Signals indicator by AlgoAlpha, your go-to tool for spotting pivotal market movements! This script enhances your trading experience by identifying key candlestick patterns and trend changes, perfect for traders aiming for precision in their technical analysis. 🛠 Key Features: - 🔄 ...
The ICT Immediate Rebalance aims at detecting and highlighting immediate rebalances, a concept taught by Inner Circle Trader. The ICT Immediate Rebalance, although frequently overlooked, emerges as one of ICT's most influential concepts, particularly when considered within a specific context. 🔶 USAGE Immediate rebalances, a concept taught by ICT, hold...
🚀🎉 Introducing the Candlestick Trend Strength by AlgoAlpha, a dynamic TradingView indicator designed to visually communicate the strength and direction of market trends right on your charts! 🕯️💪 Key Features: 🌈 Visual gauge for trend strength, color-coded for intuitive insights. ⏳ Customizable trend detection and normalization periods to match your trading...
An Indecisive Candle, often referred to as a Base Candle, is a pivotal element in technical analysis, particularly for identifying institutional supply and demand zones. These candles are characterized by their small bodies and long wicks, reflecting a balance between buyers and sellers, indicating a potential pause or consolidation in the market. To calculate...
Engulf Scan Introduction: The Engulf Scan indicator helps users identify bullish and bearish engulfing candlestick patterns on their charts. These patterns are often used as signals for trend reversals and are important indicators for traders. Engulf Scan signals are generated when an engulfing pattern is swallowed by another candlestick of the opposite...
The "Bullish Candlestick Patterns With Filters" is a trading indicator that identifies 6 core bullish candlestick patterns. This is further enhanced by applying channel indicator as filters, designed to further increase the accuracy of the recognized patterns. 6 CANDLESTICK PATTERNS Hammer Inverted Hammer Bullish Engulfing The Piercing Line The...
We have now decided to make this indicator to support the trading community! If you find yourself struggling to identify bullish engulfing and bearish engulfing candles, this one is for you. Release Notes: Initial release with robust detection of bullish and bearish engulfing patterns. Added trend and volume filters for enhanced pattern accuracy. Custom...
The TradeDots Price Reversal Probability + Price Forecast Indicator helps traders discern market direction and identify potential trading opportunities. 📝 HOW IT WORKS The indicator provides two types of reversal signals: Bullish Reversal: Marked with a green label, indicating an expected upward market reversal. Bearish Reversal: Marked with a red...
Supply and Demand Trade Analyzer Automatic Zone Identification • Identifies high quality supply and demand zones on multiple timeframes • Shows the prices for each zone so the user may easily identify actionable prices to buy or sell • Once a zone is no longer valid, it is automatically removed from the chart to keep the workspace clean. • Includes all 4 zone...
Overview The CS Patterns indicator is designed to identify and highlight various candlestick patterns on a trading chart. Candlestick patterns are a crucial tool for traders as they help in predicting market movements and potential reversals. This indicator includes single, double, and triple candlestick patterns without revealing the source code, making it an...
Hello Traders! The innovative TRN Trend Bars are designed to help traders to analyze markets in an intuitive way. The TRN Trend Bars show bullish and bearish trends and reversals based on color coding the bars and give high probability trade opportunities. How does the Trend Detection work in detail? The trend analysis is based on a new algorithm that...
Hello Traders! The innovative TRN Trend Bars Pro are designed to help traders to analyze markets in an intuitive way and provide high probability entry and exit signals. It combines three core concepts: TRN Trend Bars to see the current trend and reversals (replaces the default chart bars) Bar Ranges to highlight consolidations Dynamic Trend to see...
Hello Traders! The TRN Trend and Reversal Scanner highlights in a user-friendly and easy to read table trend and reversal signals from up to 20 assets of your choosing. With it, you can efficiently monitor your preferred instruments simultaneously without jumping from one chart to the next. You will never miss a signal again. The indicator automatically finds...
The innovative TRN Bars are designed to help traders to analyze markets in an intuitive way. It combines three core concepts: TRN Bars to see the current trend and reversals (replaces the default chart bars) Bar Ranges to highlight consolidations Dynamic Trend to see the overall trend. First, let's have a look at each of these concepts individually....
Changes candle color when close is within the top 25% or bottom 25% of candle range (High - Low) on the last candle update. Due to limitations of barcolor command, I'd suggest that you turn OFF the candle borders (chart settings--> right click on chart --> settings -->symbol and uncheck the border option) to ensure that the bar color is easily identifiable.
This Pine Script indicator identifies and highlights truly bullish and bearish candles on your chart. Truly bullish candles are characterized by a strong bullish close significantly above the specific percentage, suggesting strong buying pressure. Conversely, truly bearish candles exhibit a strong bearish close significantly below the specific percentage,...
🔵 Introduction In "technical analysis", there are certain reversal patterns that alert us to a potential reversal of a stock's previous trajectory. Two significant patterns in this regard are the "Morning Star" pattern and the "Evening Star" pattern, which are formed by a combination of three different candlesticks and are considered as reversal patterns....