This script uses the built in Technical Ratings indicator but interprets the data visually. It plots the results for "total", "MA" and "other" as pump waves. It uses MA to plot a trend line (can be turned off in settings) . Candles are colored to the rating strength and a percentage number was added to the results. For more informations on the Technical Ratings...
Introducing HARSI - the RSI based Heikin Ashi candle oscillator. ...that's right, you read it correctly. This is Heikin Ashi candles in an oscillator format derived from RSI calculations, aimed at smoothing out some of the inherent noise seen with standard RSI indicators. Science! We likes it we does. Included plot options for standard RSI plot overlay, and...
Have been looking at YouTube and found a few videos about Blended Candles. Couldn't find a script here so I decided to script something myself. I have also added a couple of EMA's, saves having to put them in individually. You can Look Back as far back as you want but I find that each time frame looks better if you keep it to multiple of the next IE : 1 min -...
Instead of the RSI which only uses the close of the market to calculate RSI, this indicator uses the Open, Close, High and Low individually to give four unique data points which are then drawn as candlesticks in place of the regular RSI.
In This experimental study, we've taken RSI data, Volume Profile, and Trend analysis, combining them into one unique package that will allow a trader to analyze market trend lines and their proposed channels, trend momentum through candle color augmentation similar to "Pulse", and Visible Volume index price levels on chart for the current sequence. Below are...
This indicator has been designed to show you both candle chart and Renko chart in one place. I think most of you are familiar with candle chart which is working with the time and price movements but Renko chart is based on price differences and is not related to the "time" parameter. so if you see a Renko brick is appear up(or down) to the previous brick it means...
Script to change candle color based on z-score. Inputs: 'src': Price source that will be standardized. 'n': Number of periods used in calculation of z-score (mean and st. dev.).
Deflates time series of historical open, close, high, low prices. This adjusts price data for inflation and removes the effect of price inflation. inflation-adjusted price for period 't' = (price / cpi ) * 100 Historical CPI is pulled from Quandl.
This is an interesting take on candlesticks. These special High-Low Candles do not show the Open and Close levels, so there are no wicks. However, you still see the the High and Low of the entire candle, giving you the full range. Since this is an indicator, be sure to hide the chart candles to avoid overlap. Or choose offsetting colors to see the traditional...
This script uses Heikin Ashi candles to smooth out the candles, then counts how many consecutive candles in a row are the same colour (red or green). It then takes each count and multiples it by the difference between close and open, to provide a weighted movement. Where larger moves create greater impulses.
Using RSI and 4 exponential moving averages, I created this indicator so that you can spot inconsistencies between price action and RSI. There's a lot of misunderstanding surrounding RSI, most people think if something's 'oversold' buying is a guarantee win. This definitely isn't the case as there's many more variable to consider. In addition, with this indicator,...
Candles in which the open is equal to the previous close. (For VSA theory) Свечи в которых открытие равно предыдущему закрытию. (Сделано для анализа по ВСА).
My script builds upon another user-submitted script by rebuilding the logic used to identify candlestick patterns. The logic in my script is a mix of strict and lax guidelines to mitigate false flags and present valid buy and sell signals. -To use this indicator, simply add it to any chart. It will identify trends on any time frame although the lower you go, the...
I read somewhere that candles can easily confuse the eye, making it easy to lose focus. We get distracted by the size of the candle body and the candle's color without paying attention to its true range and how it compares to that of the previous candle. With Up or Down? you get two signals. The blue arrow below lets you know that the candle's current low and...
Candle Color Generator: This indicator is designed to highlight the candle colors based on the combinations of Parabolic SAR (PSAR) and 2 Hull Moving Averages (HMA). Colors: Yellow, Red, and Green colors are used to describe the candle colors depends on its position to PSAR and 2 HMAs. PSAR: PSAR position above or below candle position is differentiated...
Hi, Here I have collated all of the in-built TradingView candlestick patterns into one indicator. It works on all time frames and can be useful for candlestick traders to quickly spot patterns forming on any chart. It also allows for all individual patterns to be set up as seperate alerts within the same indicator. Any issues/suggestions/requests let me know. Enjoy!
This script is the perfect strategy for the all mighty shark-32 pattern. It shows the power tussle between demand and supply before either of them finally gives up.
We are not supposed to make trading decisions based on active bars (bars that have not closed), right? Well sometimes my trigger finger gets a little twitchy when I'm awaiting an entry and an active candle starts to pull away or I'm in a trade and an active candle pushes against me. Therefore, I made a VERY simple indicator that ghosts the active bar. You can see...