KeitoFX Dynamic Indicator Free vers.

Key Features:
- The indicator visually marks bullish and bearish candlestick patterns using triangle shapes, providing quick visual cues to traders.
- Bullish patterns are detected when the closing price is higher than the opening price and the high and low prices of the candlestick form a narrow range.
- Bearish patterns are identified when the closing price is lower than the opening price, and the high and low prices also form a narrow range.
The indicator incorporates flexible settings that users can customize to fit their trading preferences:
- Users can choose the table's placement, either at the "Top Right," "Middle Right," or "Bottom Right" of the chart.
- Customizable dimensions for the width and height of the table are available.
- Adjustable text size settings ranging from "Auto" to "Huge" are provided for the displayed text.
- A descriptive table containing trading rules and conditions is optionally displayed below the price chart.
Additional Information:
- The indicator's color scheme is harmonious, with shades of purple and neutral tones.
- The "Require FVG" setting influences the pattern detection's sensitivity.
- A dynamic standard deviation is calculated based on the selected displacement settings and historical candle ranges.
- A "FVG" condition enhances pattern accuracy.
- Bullish and bearish pattern detection includes overlapping with other predefined arrays to increase pattern significance.
Note:
This indicator is provided under the Mozilla Public License 2.0, as indicated by the source code comment at the beginning of the script. Users are encouraged to review and comply with the license terms when using this indicator in their trading activities.
- fixed settings for table
- can now change color and background of the note depending on your color scheme
*soon adding some patch notes and other functionalities.
- Table Settings Fix: The settings for the table have been fixed to ensure proper functionality.
- Note Customization: Users can now customize the color and background of the notes to match their preferred color scheme.
- Patch Notes (Upcoming): The script will soon include patch notes, providing users with detailed information about updates and changes.
- Future Functionalities: The development team is actively working on adding new functionalities to further enhance the indicator's capabilities.
These updates aim to improve user experience, provide customization options, and ensure transparency about changes in the indicator.
- it will now require a fvg on the dynamic candle
- updated algorithm to check the candle is dynamic
*more features to add in the future.
- new and clean algorithm to check the dynamic candles.
*SUITABLE ONLY FOR ENTRIES IN LTF (5m, 3m 1m)
- dynamic candles can now only be viewed at the lower time frame (5m to 1m).
*more features will be added soon.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
Declinazione di responsabilità
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.