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Pipsttocra Technical Patterns: EV HV FVG & OB

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Pipstocrat Technical Patterns , identifies and visualizes key technical analysis patterns and structures on a TradingView chart. Here's a simple breakdown of what it does:

Fair Value Gaps (FVG):
Detects and highlights bullish and bearish Fair Value Gaps as colored boxes.
Adds centerline markers to indicate potential price levels.

Order Blocks (OB):
Identifies bullish and bearish order blocks (areas of significant buying or selling).
Displays them as colored rectangles extending to the right of the chart.

Candlestick Patterns:
Detects Engulfing Patterns (bullish and bearish) with volume confirmation.
Highlights Hammer and Inverted Hammer patterns with customizable shapes and colors.

Customization Options:
Allows users to adjust colors, sizes, and styles for all patterns and structures.
Provides options to show/hide specific patterns like FVGs, engulfing candles, hammers, etc.

Alerts:
Generates alerts for detected patterns, such as FVGs, order blocks, engulfing candles, and confluence zones (combination of FVGs and order blocks).

Management Features:
Automatically removes older or "filled" patterns (optional).
Tracks and updates patterns dynamically as new bars form.


Purpose:
This tool helps traders spot high-probability trading opportunities by identifying key market structures (like FVGs and order blocks) and candlestick patterns. It combines multiple technical analysis concepts into one comprehensive indicator for better decision-making.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.